POSaBIT Systems Management
Management criteria checks 2/4
POSaBIT Systems' CEO is Ryan Hamlin, appointed in Apr 2019, has a tenure of 5.08 years. total yearly compensation is $467.96K, comprised of 52.4% salary and 47.6% bonuses, including company stock and options. directly owns 6.83% of the company’s shares, worth CA$2.03M. The average tenure of the management team and the board of directors is 3 years and 3.1 years respectively.
Key information
Ryan Hamlin
Chief executive officer
US$468.0k
Total compensation
| CEO salary percentage | 52.4% |
| CEO tenure | 5.1yrs |
| CEO ownership | 6.8% |
| Management average tenure | 3yrs |
| Board average tenure | 3.1yrs |
Recent management updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2023 | n/a | n/a | -US$3m |
| Jun 30 2023 | n/a | n/a | US$3m |
| Mar 31 2023 | n/a | n/a | US$5m |
| Dec 31 2022 | US$468k | US$245k | US$8m |
| Sep 30 2022 | n/a | n/a | -US$4m |
| Jun 30 2022 | n/a | n/a | -US$9m |
| Mar 31 2022 | n/a | n/a | -US$11m |
| Dec 31 2021 | US$329k | US$184k | -US$11m |
| Sep 30 2021 | n/a | n/a | -US$8m |
| Jun 30 2021 | n/a | n/a | -US$2m |
| Mar 31 2021 | n/a | n/a | -US$1m |
| Dec 31 2020 | US$210k | US$180k | -US$1m |
| Sep 30 2020 | n/a | n/a | -US$2m |
| Jun 30 2020 | n/a | n/a | -US$3m |
| Mar 31 2020 | n/a | n/a | -US$5m |
| Dec 31 2019 | US$158k | US$158k | -US$5m |
Compensation vs Market: Ryan's total compensation ($USD467.96K) is above average for companies of similar size in the Canadian market ($USD174.43K).
Compensation vs Earnings: Ryan's compensation has increased whilst the company is unprofitable.
CEO
Ryan Hamlin (54 yo)
5.1yrs
Tenure
US$467,958
Compensation
Mr. Ryan Hamlin is a Co-Founder of POSaBIT Systems Corporation (formerly known as POSaBIT, Inc.) and serves as its Chief Executive Officer, President and Director since April 5, 2019.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 5.1yrs | US$467.96k | 6.83% $ 2.0m | |
| CFO & Secretary | 3yrs | no data | 0.0096% $ 2.8k | |
| Chief Operations Officer | less than a year | no data | no data | |
| Chief Technical Officer | 5.1yrs | no data | 0.013% $ 3.8k | |
| Chief of Staff | no data | no data | no data | |
| Chief Product Officer | less than a year | no data | no data |
3.0yrs
Average Tenure
54yo
Average Age
Experienced Management: PBIT's management team is considered experienced (3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 5.1yrs | US$467.96k | 6.83% $ 2.0m | |
| Lead Independent Director | 3.1yrs | no data | 0.38% $ 112.8k | |
| Director | 3yrs | no data | 7.79% $ 2.3m | |
| Director | 3.9yrs | no data | 0.46% $ 136.5k | |
| Director | 2.8yrs | US$65.00k | 1.63% $ 484.6k |
3.1yrs
Average Tenure
58yo
Average Age
Experienced Board: PBIT's board of directors are considered experienced (3.1 years average tenure).