This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

Ayro Management

Management criteria checks 4/4

Ayro's CEO is Tom Wittenschlaeger, appointed in Sep 2021, has a tenure of 2.25 years. total yearly compensation is $396.20K, comprised of 66.6% salary and 33.4% bonuses, including company stock and options. directly owns 0.13% of the company’s shares, worth €11.98K. The average tenure of the management team and the board of directors is 2.3 years and 5.8 years respectively.

Key information

Tom Wittenschlaeger

Chief executive officer

US$396.2k

Total compensation

CEO salary percentage	66.6%
CEO tenure	2.3yrs
CEO ownership	0.1%
Management average tenure	2.3yrs
Board average tenure	5.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Tom Wittenschlaeger's remuneration changed compared to Ayro's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2023	n/a	n/a	-US$32m
Jun 30 2023	n/a	n/a	-US$24m
Mar 31 2023	n/a	n/a	-US$24m
Dec 31 2022	US$396k	US$264k	-US$23m
Sep 30 2022	n/a	n/a	-US$24m
Jun 30 2022	n/a	n/a	-US$30m
Mar 31 2022	n/a	n/a	-US$32m
Dec 31 2021	US$1m	US$71k	-US$33m

Compensation vs Market: Tom's total compensation ($USD396.20K) is about average for companies of similar size in the German market ($USD427.23K).

Compensation vs Earnings: Tom's compensation has been consistent with company performance over the past year.

CEO

Tom Wittenschlaeger (66 yo)

2.3yrs

Tenure

US$396,200

Compensation

Mr. Thomas M. Wittenschlaeger, also known as Tom, serves as Chief Executive Officer at Ayro, Inc. since September 23, 2021 and has been its Director since December 14, 2021. Mr. Wittenschlaeger served as C...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Thomas Wittenschlaeger	CEO & Director	2.3yrs	US$396.20k	0.13% $ 12.0k
David Hollingsworth	Chief Financial Officer	1.9yrs	US$307.08k	no data
Joseph Delahoussaye	Vice President of Investor Relations	no data	no data	no data
Rodney Keller	Consultant	2.3yrs	US$1.07m	0% $ 0

2.3yrs

Average Tenure

65yo

Average Age

Experienced Management: WR4's management team is considered experienced (2.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Thomas Wittenschlaeger	CEO & Director	2yrs	US$396.20k	0.13% $ 12.0k
George Devlin	Independent Director	3.6yrs	US$131.75k	0.58% $ 54.4k
Gregory Schiffman	Independent Director	5.8yrs	US$144.25k	0.56% $ 52.8k
Joshua Silverman	Independent Chairman of the Board of Directors	7.3yrs	US$287.25k	1.01% $ 95.1k
Sebastian Giordano	Director	10.8yrs	US$191.75k	0.58% $ 54.2k
Wayne Walker	Independent Director	3.1yrs	US$131.75k	0.45% $ 42.0k
Zvi Joseph	Independent Director	5.9yrs	US$143.25k	0.51% $ 48.2k

5.8yrs

Average Tenure

66yo

Average Age

Experienced Board: WR4's board of directors are considered experienced (5.8 years average tenure).

This company listing is no longer active

Ayro Management

Management criteria checks 4/4

Key information

Recent management updates

AYRO, Inc. Announces Resignation of Thomas M. Wittenschlaeger, A Member of Board of Directors

Ayro, Inc. Appoints David Hollingsworth as Interim President of the Operations Division of Ayro, Ayro Operating Company, Inc

Ayro, Inc., Annual General Meeting, Dec 20, 2023

Ayro, Inc., Annual General Meeting, Dec 14, 2022

Ayro, Inc. Appoints David E. Hollingsworth as Chief Financial Officer

Independent Director recently sold €106k worth of stock

Recent updates

AYRO, Inc. Announces Resignation of Thomas M. Wittenschlaeger, A Member of Board of Directors

Ayro, Inc. Appoints David Hollingsworth as Interim President of the Operations Division of Ayro, Ayro Operating Company, Inc

Ayro, Inc. announced delayed 10-Q filing

Ayro, Inc., Annual General Meeting, Dec 20, 2023

AYRO, Inc. Regains Compliance with NASDAQ Listing Requirements

AYRO Announces Reverse Stock Split to Maintain Nasdaq Listing

AYRO Announces Reverse Stock Split to Maintain Nasdaq Listing

Second quarter 2023 earnings released: US$0.16 loss per share (vs US$0.16 loss in 2Q 2022)

Ayro, Inc. to Report Q2, 2023 Results on Aug 14, 2023

New minor risk - Shareholder dilution

Ayro, Inc. announced that it expects to receive $22 million in funding

First quarter 2023 earnings released: US$0.15 loss per share (vs US$0.12 loss in 1Q 2022)

Full year 2022 earnings released: US$0.62 loss per share (vs US$0.94 loss in FY 2021)

Ayro, Inc. Announces Completion of Pre-Production Model of AYRO Vanish

Third quarter 2022 earnings released: US$0.15 loss per share (vs US$0.33 loss in 3Q 2021)

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

Ayro, Inc., Annual General Meeting, Dec 14, 2022

Ayro, Inc. Announces the Release of the Ayro Vanish, the First Low-Speed Electric Vehicle

Ayro Receives Letter from the Listing Qualifications Department of the Nasdaq Stock Market Regarding Minimum Bid Price Requirement

Ayro, Inc. Appoints David E. Hollingsworth as Chief Financial Officer

Second quarter 2022 earnings released: US$0.16 loss per share (vs US$0.22 loss in 2Q 2021)

Ayro, Inc. to Report Q2, 2022 Results on Aug 11, 2022

Ayro, Inc. to Report Q2, 2022 Results on Aug 11, 2022

First quarter 2022 earnings released: US$0.12 loss per share (vs US$0.18 loss in 1Q 2021)

No longer forecast to breakeven

Third quarter 2021 earnings released: US$0.33 loss per share (vs US$0.13 loss in 3Q 2020)

CEO, President & Director Rodney Keller has left the company

Second quarter 2021 earnings released: US$0.22 loss per share (vs US$0.18 loss in 2Q 2020)

Independent Director recently sold €106k worth of stock

Forecast to breakeven in 2022

First quarter 2021 earnings released: US$0.18 loss per share (vs US$0.62 loss in 1Q 2020)

Forecast to breakeven in 2022

Full year 2020 earnings released: US$0.73 loss per share (vs US$2.95 loss in FY 2019)

Ayro, Inc. Announces Launch of the Electric Vaccine Vehicle

Ayro, Inc. has completed a Follow-on Equity Offering in the amount of $9.999994 million.

New 90-day high: €7.64

Ayro, Inc., Annual General Meeting, Dec 17, 2020

Ayro, Inc. to Report Q3, 2020 Results on Nov 06, 2020

New 90-day low: €2.13

AYRO, Inc. and Karma Automotive’s Innovation and Customization Center Announces Strategic Partnership

Earnings released

Ayro, Inc. to Report Q2, 2020 Results on Aug 14, 2020

Ayro, Inc. has completed a Follow-on Equity Offering in the amount of $15 million.

Ayro, Inc. has completed a Follow-on Equity Offering in the amount of $5.5 million.

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age