Energous Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Cesar Johnston

Chief executive officer

US$1.6m

Total compensation

CEO salary percentage	25.5%
CEO tenure	9.3yrs
CEO ownership	0.7%
Management average tenure	no data
Board average tenure	1.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Cesar Johnston's remuneration changed compared to Energous's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2023	n/a	n/a	-US$21m
Jun 30 2023	n/a	n/a	-US$23m
Mar 31 2023	n/a	n/a	-US$26m
Dec 31 2022	US$2m	US$400k	-US$26m
Sep 30 2022	n/a	n/a	-US$30m
Jun 30 2022	n/a	n/a	-US$36m
Mar 31 2022	n/a	n/a	-US$40m
Dec 31 2021	US$2m	US$359k	-US$41m
Sep 30 2021	n/a	n/a	-US$39m
Jun 30 2021	n/a	n/a	-US$35m
Mar 31 2021	n/a	n/a	-US$32m
Dec 31 2020	US$848k	US$340k	-US$32m
Sep 30 2020	n/a	n/a	-US$34m
Jun 30 2020	n/a	n/a	-US$34m
Mar 31 2020	n/a	n/a	-US$36m
Dec 31 2019	US$2m	US$340k	-US$38m
Sep 30 2019	n/a	n/a	-US$41m
Jun 30 2019	n/a	n/a	-US$46m
Mar 31 2019	n/a	n/a	-US$48m
Dec 31 2018	US$2m	US$300k	-US$51m
Sep 30 2018	n/a	n/a	-US$50m
Jun 30 2018	n/a	n/a	-US$50m
Mar 31 2018	n/a	n/a	-US$50m
Dec 31 2017	n/a	n/a	-US$49m
Sep 30 2017	n/a	n/a	-US$53m
Jun 30 2017	n/a	n/a	-US$50m
Mar 31 2017	n/a	n/a	-US$47m
Dec 31 2016	US$892k	US$300k	-US$46m

Compensation vs Market: Cesar's total compensation ($USD1.57M) is above average for companies of similar size in the German market ($USD418.12K).

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

CEO

Cesar Johnston (59 yo)

9.3yrs

Tenure

US$1,569,700

Compensation

Mr. Cesar Johnston has been the Chief Executive Officer at Energous Corporation since December 06, 2021 and serves as its President and Director from June 2023 and served as its Chief Operating Officer and...

Board Members

Name	Position	Tenure	Compensation	Ownership
Cesar Johnston	President	less than a year	US$1.57m	0.67% $ 52.3k
David Roberson	Independent Director	1.3yrs	US$86.99k	no data
Reynette Au	Independent Chairman of the Board	4.3yrs	US$108.82k	0.12% $ 9.6k
Mark Tyndall	Member of Advisory Board	1.5yrs	no data	no data
Robert Friday	Member of Advisory Board	1.5yrs	no data	no data
Alessandro Piovaccari	Member of Advisory Board	1.5yrs	no data	no data
Rahul Patel	Independent Director	4.3yrs	US$93.00k	0.040% $ 3.1k
J. Dodson	Independent Director	1.3yrs	US$87.61k	no data

1.5yrs

Average Tenure

59.5yo

Average Age

Experienced Board: 1160's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.

Energous Management

Management criteria checks 1/4

Key information

Recent management updates

Energous Corporation Announces Resignation of Cesar Johnston as CEO

Energous Corporation Announces Change of Chief Financial Officer

High number of new and inexperienced directors

Energous Corporation Appoints Susan Kim-Vandongen as Interim Chief Financial Officer

Energous Corporation Announces Resignation of William Mannina as Interim Chief Financial Officer, Effective August 16, 2023

Energous Corporation Announces Resignation of Sheryl Wilkerson as A Director of the Board, Effective No Later Than July 1, 2023

Recent updates

Energous Corporation Announces Resignation of Cesar Johnston as CEO

Energous Corporation to Display Innovative Wireless Power Networks Solutions for Logistics Digitization at MODEX 2024

Energous Corporation has completed a Follow-on Equity Offering.

Energous Corporation has filed a Follow-on Equity Offering.

Energous Corporation Announces Change of Chief Financial Officer

Energous and InPlay Launch Low Maintenance Wireless Sensors for IoT industrial Applications

Energous Announces Reverse Stock Split to Regain Compliance with the Minimum Bid Price Requirement for Continued Listing on the Nasdaq Capital Market

High number of new and inexperienced directors

Energous Corporation Appoints Susan Kim-Vandongen as Interim Chief Financial Officer

Energous Corporation Announces Resignation of William Mannina as Interim Chief Financial Officer, Effective August 16, 2023

Energous Corporation announced delayed 10-Q filing

First quarter 2023 earnings released: US$0.082 loss per share (vs US$0.093 loss in 1Q 2022)

Energous Corporation Announces Resignation of Sheryl Wilkerson as A Director of the Board, Effective No Later Than July 1, 2023

Full year 2022 earnings released: US$0.34 loss per share (vs US$0.64 loss in FY 2021)

Atmosic Technologies, Inc. and Energous Corporation Announce Updated Evaluation Kit with Support for the Newly Announced Airfuel Wireless Power Intelligent Transfer Standard

Energous Corporation Announces That AirFuel RF, the Radio Frequency-Based Wireless Charging Technology from Airfuel Alliance, Is Now an Industry Standard

Energous Corporation Receives Regulatory Approval in South Korea for WattUp PowerBridge Transmitters

High number of new and inexperienced directors

Energous Corporation Announces Resignation of Kathleen A. Bayless as Director, Chair of the Audit Committee and Member of the Nominating and Corporate Governance Committee

Energous Corporation Commends the United Nations’ International Telecommunication Union Approval and Recommendation for Radio Frequency-based Wireless Power Transfer in the 900 MHz Band

Energous Corporation Receives Approval in Australia and New Zealand for 1W Wattup Powerbridge Transmitters

Energous Corporation and e-peas SA Announces New Wireless Energy Harvesting Evaluation Kit Supporting IoT Industrial, Retail and Medical Applications

Energous Corporation announced delayed 10-Q filing

Energous Corporation Announces Board Changes

Second quarter 2022 earnings released: US$0.091 loss per share (vs US$0.18 loss in 2Q 2021)

Energous Corporation Announces FCC Approval for 15W Wattup Powerbridge, Increases Wireless Power Networks Charging Capability by 15 Times

Energous Corporation Announces First Retail Deployment of Wirelessly Powered Wiliot IoT Pixel Tags Energized by WattUp PowerBridges

First quarter 2022 earnings released: US$0.093 loss per share (vs US$0.14 loss in 1Q 2021)

Energous Corporation Announces Executive Appointments

Energous Corporation, Annual General Meeting, Jun 15, 2022

High number of new and inexperienced directors

Energous Corporation WattUp PowerBridge Receives Regulatory Approval in China for Unlimited Distance Transmission for IoT Applications

Energous Corporation and Atmosic Technologies Announces Evaluation Kit Supporting Over-The-Air Wireless Power Transfer Solutions

No longer forecast to breakeven

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Energous Corporation Announces 1W Wattup Powerbridge Receives Regulatory Approval in Canada for Unlimited Distance Wireless Charging

Energous Corporation's WattUp PowerBridge Receives Its Regulatory Approval in Asia for Unlimited Distance Wireless Charging

Energous’ Latest Federal Communications Commission Certification Nearly Doubles the Power That Can Now Be Transmitted Wirelessly

Third quarter 2021 earnings released: US$0.20 loss per share (vs US$0.18 loss in 3Q 2020)

Second quarter 2021 earnings released: US$0.18 loss per share (vs US$0.20 loss in 2Q 2020)

Energous Corporation Announces Active Energy Harvesting Developer Kit Supporting Over-The-Air Wireless Charging

Independent Director Michael Noonen has left the company

Energous and Atmosic Achieve Industry First Interoperability Energy Harvesting, Advancing Development of Wireless Charging Applications

Energous Corporation Provides Revenue Guidance for the Year 2021

First quarter 2021 earnings released: US$0.14 loss per share (vs US$0.25 loss in 1Q 2020)

Energous Corporation's Wattup Powerhub Receives European Regulatory Approval

Energous Corporation Provides Earnings Guidance for the First Quarter 2021

Full year 2020 earnings released: US$0.76 loss per share (vs US$1.27 loss in FY 2019)

Senior VP & CFO recently sold €164k worth of stock

Full year 2020 earnings released: US$0.76 loss per share (vs US$1.27 loss in FY 2019)

Revenue misses expectations

Energous Partners With e-peas to Advance At-a-Distance Wireless Charging Applications Greater Than 1 Meter

New 90-day high: €3.53

New 90-day high: €2.53

Energous Corporation Announces World’s First Wirelessly Charged Equine Health Tracking Sensor

Energous Corporation Announces Board Changes

New 90-day low: €1.48

EarTechnic Selects Energous’ RF-Based Wireless Charging for New Hearing Aid Design

Third quarter 2020 earnings released: US$0.18 loss per share

Revenue misses expectations

New 90-day low: €1.88

Energous Partner NewSound Receives FCC Approval for WattUp®-enabled Hearing Aid

New 90-day low: €2.28

Energous Corporation Receives FCC Approval, Extending Charging Zone to Up to 1 Meter for Over-The-Air, Power-At-A-Distance Wireless Charging

New 90-day low: €2.31

New 90-day high - €3.70

First half earnings released

Energous Corporation(NasdaqCM:WATT) dropped from Russell Small Cap Completeness Index

Energous Corporation(NasdaqCM:WATT) dropped from Russell 2000 Index