GoPro Management

Management criteria checks 2/4

GoPro's CEO is Nick Woodman, appointed in Feb 2004, has a tenure of 20.17 years. total yearly compensation is $5.68M, comprised of 15% salary and 85% bonuses, including company stock and options. directly owns 16.82% of the company’s shares, worth CHF40.39M. The average tenure of the management team and the board of directors is 5.8 years and 7.8 years respectively.

Key information

Nick Woodman

Chief executive officer

US$5.7m

Total compensation

CEO salary percentage	15.0%
CEO tenure	20.2yrs
CEO ownership	16.8%
Management average tenure	5.8yrs
Board average tenure	7.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Nick Woodman's remuneration changed compared to GoPro's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$6m	US$850k	-US$53m
Sep 30 2023	n/a	n/a	-US$48m
Jun 30 2023	n/a	n/a	-US$26m
Mar 31 2023	n/a	n/a	-US$7m
Dec 31 2022	US$5m	US$850k	US$29m
Sep 30 2022	n/a	n/a	US$78m
Jun 30 2022	n/a	n/a	US$373m
Mar 31 2022	n/a	n/a	US$387m
Dec 31 2021	US$5m	US$850k	US$371m
Sep 30 2021	n/a	n/a	US$363m
Jun 30 2021	n/a	n/a	US$55m
Mar 31 2021	n/a	n/a	-US$13m
Dec 31 2020	US$3m	US$241k	-US$67m
Sep 30 2020	n/a	n/a	-US$15m
Jun 30 2020	n/a	n/a	-US$93m
Mar 31 2020	n/a	n/a	-US$54m
Dec 31 2019	US$6m	US$800k	-US$15m
Sep 30 2019	n/a	n/a	-US$79m
Jun 30 2019	n/a	n/a	-US$31m
Mar 31 2019	n/a	n/a	-US$57m
Dec 31 2018	US$1	US$1	-US$109m
Sep 30 2018	n/a	n/a	-US$197m
Jun 30 2018	n/a	n/a	-US$155m
Mar 31 2018	n/a	n/a	-US$148m
Dec 31 2017	US$800k	US$800k	-US$183m

Compensation vs Market: Nick's total compensation ($USD5.68M) is above average for companies of similar size in the Swiss market ($USD911.55K).

Compensation vs Earnings: Nick's compensation has increased whilst the company is unprofitable.

CEO

Nick Woodman (48 yo)

20.2yrs

Tenure

US$5,676,143

Compensation

Mr. Nicholas D. Woodman, also known as Nick, founded GoPro, Inc. in 2004 and has been its Chief Executive Officer since February 2004. Mr. Woodman is the Founder of General Things, Inc. and serves as its C...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Nicholas Woodman	Founder	20.2yrs	US$5.68m	16.82% $ 40.4m
Brian McGee	Executive VP	8.1yrs	US$3.30m	0.00018% $ 432.3
Eve Saltman	Senior VP of Corporate/Business Development	6.1yrs	US$1.62m	0.055% $ 131.3k
Dean Jahnke	Senior Vice President of Global Sales & Channel Marketing	5.8yrs	US$1.59m	0.094% $ 225.5k
Charles Lafrades	Chief Accounting Officer	no data	no data	0.034% $ 82.8k
Christopher Clark	Vice President of Corporate Communications	no data	no data	no data
Rick Loughery	Vice President of Global Marketing & Communications	5.3yrs	no data	no data
Tim Betry	Vice President of People & Places	3.7yrs	no data	no data
Vincent Nakayama	Senior Vice President of Engineering	less than a year	no data	no data

5.8yrs

Average Tenure

56yo

Average Age

Experienced Management: GPRO's management team is seasoned and experienced (5.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Nicholas Woodman	Founder	20.2yrs	US$5.68m	16.82% $ 40.4m
Peter Gotcher	Independent Director	9.8yrs	US$279.74k	0.15% $ 361.7k
Kenneth Goldman	Lead Independent Director	10.3yrs	US$309.74k	0.14% $ 329.8k
Alexander Lurie	Independent Director	8.2yrs	US$269.74k	0.16% $ 392.4k
Susan Lyne	Independent Director	7yrs	US$287.24k	0.078% $ 188.1k
Frederic Welts	Independent Director	6.5yrs	US$267.24k	0.12% $ 297.6k
Lauren Zalaznick	Independent Director	7.8yrs	US$287.24k	0.10% $ 240.8k
Shaz Kahng	Independent Director	2.5yrs	US$269.74k	0.056% $ 133.8k
Tyrone Ahmad-Taylor	Independent Director	5.8yrs	US$267.24k	0.030% $ 71.9k

7.8yrs

Average Tenure

60yo

Average Age

Experienced Board: GPRO's board of directors are considered experienced (7.8 years average tenure).

GoPro Management

Management criteria checks 2/4

Key information

Recent management updates

Independent Director recently sold CHF267k worth of stock

Insufficient new directors

Independent Director recently sold CHF105k worth of stock

Insufficient new directors

GoPro, Inc., Annual General Meeting, Jun 07, 2022

Independent Director recently sold CHF676k worth of stock

Recent updates

GoPro, Inc. to Report Q1, 2024 Results on May 07, 2024

Full year 2023 earnings released: US$0.35 loss per share (vs US$0.18 profit in FY 2022)

Gopro, Inc. Provides Earnings Guidance for the First Quarter of 2024

GoPro, Inc. (NasdaqGS:GPRO) signed an agreement to acquire Forcite Helmet Systems Pty Ltd.

GoPro, Inc. to Report Q4, 2023 Results on Feb 07, 2024

GoPro, Inc. Provides Earnings Guidance for the Full Year of 2023

GoPro, Inc. Provides Earnings Guidance for the Full Year of 2023

GoPro, Inc. to Report Q3, 2023 Results on Nov 07, 2023

Gopro Launches $399 Hero12 Black with Up to 2X Longer Runtimes, 5.3K and 4K Hdr Video, Wireless Audio Support for Apple Airpods + Other Bluetooth®? Devices, Plus Powerful New Camera Features for Both Professional + Casual Enthusiasts

Second quarter 2023 earnings released: US$0.11 loss per share (vs US$0.016 profit in 2Q 2022)

GoPro, Inc. to Report Q2, 2023 Results on Aug 03, 2023

First quarter 2023 earnings released: US$0.19 loss per share (vs US$0.036 profit in 1Q 2022)

Independent Director recently sold CHF267k worth of stock

Full year 2022 earnings released: EPS: US$0.18 (vs US$2.41 in FY 2021)

GoPro, Inc. to Report Q4, 2022 Results on Feb 02, 2023

Insufficient new directors

GoPro, Inc. Announces New HERO11 Black Mini Now Shipping

Third quarter 2022 earnings released: EPS: US$0.11 (vs US$2.01 in 3Q 2021)

GoPro, Inc. to Report Q3, 2022 Results on Nov 03, 2022

GoPro Releases the HERO11 Black Action Camera and Creator Edition

Second quarter 2022 earnings released: EPS: US$0.016 (vs US$0.11 in 2Q 2021)

Gopro, Inc. Provides Earnings Guidance for the Third Quarter of 2022

GoPro, Inc. to Report Q2, 2022 Results on Aug 04, 2022

Independent Director recently sold CHF105k worth of stock

GoPro, Inc. Provides Earnings Guidance for the Second of Quarter 2022

First quarter 2022 earnings released: EPS: US$0.036 (vs US$0.067 loss in 1Q 2021)

Insufficient new directors

GoPro, Inc., Annual General Meeting, Jun 07, 2022

GoPro, Inc. to Report Q1, 2022 Results on May 05, 2022

Gopro, Inc. Announces the Lightest Gopro Ever, HERO10 Black Bones

GoPro, Inc. Launches HERO10 Black Creator Edition Featuring Enhanced Capabilities and Powered Control Grip, Volta

GoPro, Inc. (NasdaqGS:GPRO) announces an Equity Buyback for $100 million worth of its shares.

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

GoPro Releases New Features for HERO10 Black, Available Now

GoPro, Inc. Announces That Enduro High-Performance Battery Now Available At Gopro.Com

Independent Director recently sold CHF676k worth of stock

Third quarter 2021 earnings released: EPS US$2.00 (vs US$0.022 in 3Q 2020)

Independent Director recently sold CHF592k worth of stock

Gopro, Inc. Provides Earnings Guidance for the Third Quarter 2021

Second quarter 2021 earnings released

GoPro, Inc.(NasdaqGS:GPRO) dropped from Russell 3000E Value Index

GoPro Announces 'Open GoPro' API

Independent Director recently sold CHF284k worth of stock

Lead Independent Director recently bought CHF44k worth of stock

Independent Director recently bought CHF90k worth of stock

First quarter 2021 earnings released: US$0.067 loss per share (vs US$0.43 loss in 1Q 2020)

GoPro Launches Total Refresh of Its Mobile App

Independent Director recently sold CHF105k worth of stock

Full year 2020 earnings released

Revenue misses expectations

GoPro, Inc. to Report Q4, 2020 Results on Feb 04, 2021

Gopro, Inc. Announces A New Firmware Update for its Hero9 Black Camera

Third quarter 2020 earnings released: EPS US$0.022

Revenue beats expectations

GoPro, Inc. to Report Q3, 2020 Results on Nov 05, 2020

First half earnings released

GoPro, Inc. to Report Q2, 2020 Results on Aug 06, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age