Published on 14 Jan 2024 on Simply Wall St. via Yahoo Finance
Shareholders Will Probably Hold Off On Increasing Amesite Inc.'s (NASDAQ:AMST) CEO Compensation For...
Key Insights
Amesite's Annual General Meeting to take place on 18th of JanuaryCEO Ann Sastry's total compensation includes salary of US$550.0kThe overall pay is comparable to the industry averageOver the past three years, Amesite's EPS grew by 43% and over the past three years, the total loss to shareholders 95%
In the past three years, the share price of Amesite Inc. (NASDAQ:AMST) has struggled to grow and now shareholders are sitting on a loss. However, what is unusual is that EPS growth has been positive, suggesting that the share price has diverged from fundamentals. Shareholders may want to question the board on the future direction of the company at the upcoming AGM on 18th of January. Voting on resolutions such as executive remuneration and other matters could also be a way to influence management. We discuss below why we think shareholders should be cautious of approving a raise for the CEO at the moment.