Key Insights

• Corsair Gaming's Annual General Meeting to take place on 6th of June

• CEO Andy Paul's total compensation includes salary of US$708.3k

• Total compensation is 732% above industry average

• Corsair Gaming's EPS declined by 97% over the past three years while total shareholder loss over the past three years was 64%

Corsair Gaming, Inc. (NASDAQ:CRSR) has not performed well recently and CEO Andy Paul will probably need to up their game. Shareholders will be interested in what the board will have to say about turning performance around at the next AGM on 6th of June. It would also be an opportunity for shareholders to influence management through voting on company resolutions such as executive remuneration, which could impact the firm significantly. The data we present below explains why we think CEO compensation is not consistent with recent performance.

See our latest analysis for Corsair Gaming

How Does Total Compensation For Andy Paul Compare With Other Companies In The Industry?

Our data indicates that Corsair Gaming, Inc. has a market capitalization of US$1.2b, and total annual CEO compensation was reported as US$6.7m for the year to December 2023. Notably, that's a decrease of 32% over the year before. While this analysis focuses on total compensation, it's worth acknowledging that the salary portion is lower, valued at US$708k.

For comparison, other companies in the American Tech industry with market capitalizations ranging between US$1.0b and US$3.2b had a median total CEO compensation of US$806k. This suggests that Andy Paul is paid more than the median for the industry. Moreover, Andy Paul also holds US$31m worth of Corsair Gaming stock directly under their own name, which reveals to us that they have a significant personal stake in the company.

Speaking on an industry level, nearly 32% of total compensation represents salary, while the remainder of 68% is other remuneration. In Corsair Gaming's case, non-salary compensation represents a greater slice of total remuneration, in comparison to the broader industry. It's important to note that a slant towards non-salary compensation suggests that total pay is tied to the company's performance.

Corsair Gaming, Inc.'s Growth

Over the last three years, Corsair Gaming, Inc. has shrunk its earnings per share by 97% per year. In the last year, its revenue is up 7.0%.

The decline in EPS is a bit concerning. The modest increase in revenue in the last year isn't enough to make us overlook the disappointing change in EPS. So given this relatively weak performance, shareholders would probably not want to see high compensation for the CEO. Looking ahead, you might want to check this free visual report on analyst forecasts for the company's future earnings..