XPEL Management

Management criteria checks 2/4

XPEL's CEO is Ryan Pape, appointed in Feb 2009, has a tenure of 15.33 years. total yearly compensation is $2.04M, comprised of 26% salary and 74% bonuses, including company stock and options. directly owns 4.06% of the company’s shares, worth €36.54M. The average tenure of the management team and the board of directors is 2.9 years and 7 years respectively.

Key information

Ryan Pape

Chief executive officer

US$2.0m

Total compensation

CEO salary percentage	26.0%
CEO tenure	15.3yrs
CEO ownership	4.1%
Management average tenure	2.9yrs
Board average tenure	7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ryan Pape's remuneration changed compared to XPEL's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$48m
Dec 31 2023	US$2m	US$532k	US$53m
Sep 30 2023	n/a	n/a	US$49m
Jun 30 2023	n/a	n/a	US$49m
Mar 31 2023	n/a	n/a	US$45m
Dec 31 2022	US$2m	US$503k	US$41m
Sep 30 2022	n/a	n/a	US$39m
Jun 30 2022	n/a	n/a	US$34m
Mar 31 2022	n/a	n/a	US$33m
Dec 31 2021	US$1m	US$495k	US$32m
Sep 30 2021	n/a	n/a	US$31m
Jun 30 2021	n/a	n/a	US$30m
Mar 31 2021	n/a	n/a	US$24m
Dec 31 2020	US$780k	US$495k	US$18m
Sep 30 2020	n/a	n/a	US$17m
Jun 30 2020	n/a	n/a	US$15m
Mar 31 2020	n/a	n/a	US$14m
Dec 31 2019	US$632k	US$420k	US$14m
Sep 30 2019	n/a	n/a	US$11m
Jun 30 2019	n/a	n/a	US$9m
Mar 31 2019	n/a	n/a	US$8m
Dec 31 2018	US$525k	US$350k	US$9m
Sep 30 2018	n/a	n/a	US$7m
Jun 30 2018	n/a	n/a	US$5m
Mar 31 2018	n/a	n/a	US$3m
Dec 31 2017	US$345k	US$232k	US$1m

Compensation vs Market: Ryan's total compensation ($USD2.04M) is above average for companies of similar size in the German market ($USD1.36M).

Compensation vs Earnings: Ryan's compensation has increased by more than 20% in the past year.

CEO

Ryan Pape (42 yo)

15.3yrs

Tenure

US$2,044,672

Compensation

Mr. Ryan L. Pape has been the Chief Executive Officer and President of XPEL Technologies Corp. since February 2009 and served as its Secretary. Mr. Pape serves as Chairman of XPEL, Inc. since November 2019...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Ryan Pape	Chairman	15.3yrs	US$2.04m	4.06% $ 36.5m
Barry Wood	Senior VP & CFO	8yrs	US$902.77k	0.095% $ 856.3k
Babatunde Awodiran	Senior VP	1.1yrs	US$660.92k	0.0011% $ 9.8k
Carlos Alvarez	Vice President of Operations	less than a year	no data	no data
Michael Mayall	Vice President of Corporate Development	2.4yrs	no data	no data
Kim Steiner	Vice President of People Services	no data	no data	no data
Christine Pu	Managing Director of Asia	5.6yrs	no data	no data
Tony Rimas	Vice President of Revenue	1.4yrs	no data	no data
Christen Coffee	VP & Controller	3.4yrs	US$71.26k	no data
Christopher Hardy	Sales Manager of U.S. East	no data	no data	no data

2.9yrs

Average Tenure

55yo

Average Age

Experienced Management: XPX's management team is considered experienced (2.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Ryan Pape	Chairman	14yrs	US$2.04m	4.06% $ 36.5m
Stacy Bogart	Independent Director	2.3yrs	US$183.33k	0.015% $ 137.2k
Richard Crumly	Independent Director	14yrs	US$173.33k	5.11% $ 45.9m
Michael Klonne	Independent Director	7yrs	US$190.83k	0.20% $ 1.8m
John North	Independent Director	less than a year	US$78.74k	0.015% $ 131.2k

7.0yrs

Average Tenure

60yo

Average Age

Experienced Board: XPX's board of directors are considered experienced (7 years average tenure).

XPEL Management

Management criteria checks 2/4

Key information

Recent management updates

XPEL, Inc., Annual General Meeting, Jun 05, 2024

XPEL, Inc. Appoints John North to Board of Directors

XPEL, Inc. Announces Mark Adams Retires from its Board of Directors

Lead Independent Director recently sold €1.5m worth of stock

Independent Director recently sold €680k worth of stock

Lead Independent Director recently sold €664k worth of stock

Recent updates

Investor sentiment improves as stock rises 16%

XPEL, Inc. Revises Revenue Guidance for the Year 2024

First quarter 2024 earnings released: EPS: US$0.24 (vs US$0.41 in 1Q 2023)

XPEL, Inc., Annual General Meeting, Jun 05, 2024

Now 23% undervalued

Now 24% undervalued

Full year 2023 earnings released: EPS: US$1.91 (vs US$1.50 in FY 2022)

Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses in XPEL, Inc. to Contact Him Directly to Discuss Their Options

Third quarter 2023 earnings released: EPS: US$0.49 (vs US$0.48 in 3Q 2022)

Investor sentiment deteriorates as stock falls 16%

New minor risk - Share price stability

XPEL, Inc. Appoints John North to Board of Directors

Second quarter 2023 earnings released: EPS: US$0.57 (vs US$0.43 in 2Q 2022)

XPEL, Inc. Announces Mark Adams Retires from its Board of Directors

Lead Independent Director recently sold €1.5m worth of stock

Independent Director recently sold €680k worth of stock

First quarter 2023 earnings released: EPS: US$0.41 (vs US$0.28 in 1Q 2022)

Full year 2022 earnings released: EPS: US$1.50 (vs US$1.14 in FY 2021)

Lead Independent Director recently sold €664k worth of stock

Lead Independent Director recently sold €1.3m worth of stock

Third quarter 2022 earnings released: EPS: US$0.48 (vs US$0.30 in 3Q 2021)

XPEL, Inc. Provides Revenue Guidance for the Fourth Quarter and Year 2022

Now 22% undervalued

XPEL, Inc. Announces Separation of Brooks Meltzer, Vice President, General Counsel and Corporate Secretary from the Company

XPEL, Inc. (NasdaqCM:XPEL) acquired Paint Protection Film Business from Car Care Products Australia Pty Ltd.

Investor sentiment improved over the past week

Lead Independent Director recently sold €9.9m worth of stock

Investor sentiment improved over the past week

Lead Independent Director recently sold €3.9m worth of stock

First quarter 2022 earnings released: EPS: US$0.28 (vs US$0.25 in 1Q 2021)

Now 20% undervalued after recent price drop

XPEL, Inc., Annual General Meeting, May 18, 2022

XPEL, Inc., Annual General Meeting, May 18, 2022

Investor sentiment deteriorated over the past week

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

XPEL, Inc. Introduces Ultimate Fusion™

XPEL Expands Architectural Window Film Solutions

Insufficient new directors

Third quarter 2021 earnings released: EPS US$0.30 (vs US$0.24 in 3Q 2020)

Insider recently sold €656k worth of stock

Insider recently sold €638k worth of stock

Investor sentiment deteriorated over the past week

Second quarter 2021 earnings released: EPS US$0.37 (vs US$0.14 in 2Q 2020)

XPEL, Inc.(NasdaqCM:XPEL) dropped from Russell Microcap Growth Index

Lead Independent Director recently sold €6.8m worth of stock

XPEL, Inc. (NasdaqCM:XPEL) acquired PermaPlate Film LLC from Siskin Enterprises, Inc, David Jorgensen and The David and Blaise Jorgensen Trust for $30 million.

First quarter 2021 earnings released: EPS US$0.25 (vs US$0.058 in 1Q 2020)

Revenue beats expectations

Full year 2020 earnings released: EPS US$0.66 (vs US$0.51 in FY 2019)

New 90-day high: €49.60

Investor sentiment deteriorated over the past week

XPEL, Inc. (NasdaqCM:XPEL) acquired Veloce Innovation.

New 90-day high: €43.00

Market bids up stock over the past week

Market bids up stock over the past week

Revenue beats expectations

Third quarter 2020 earnings released: EPS US$0.24

XPEL Extends Fusion PLUS Ceramic Coating Line - Introduces Five New Products

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age