EVI Industries Management

Management criteria checks 3/4

EVI Industries' CEO is Henry Nahmad, appointed in Mar 2015, has a tenure of 9.08 years. total yearly compensation is $4.50M, comprised of 14.4% salary and 85.6% bonuses, including company stock and options. directly owns 42.39% of the company’s shares, worth €106.73M. The average tenure of the management team and the board of directors is 7.4 years and 7.9 years respectively.

Key information

Henry Nahmad

Chief executive officer

US$4.5m

Total compensation

CEO salary percentage	14.4%
CEO tenure	9.1yrs
CEO ownership	42.4%
Management average tenure	7.4yrs
Board average tenure	7.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Henry Nahmad's remuneration changed compared to EVI Industries's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	US$6m
Sep 30 2023	n/a	n/a	US$7m
Jun 30 2023	US$4m	US$650k	US$9m
Mar 31 2023	n/a	n/a	US$8m
Dec 31 2022	n/a	n/a	US$6m
Sep 30 2022	n/a	n/a	US$4m
Jun 30 2022	US$6m	US$608k	US$4m
Mar 31 2022	n/a	n/a	US$9m
Dec 31 2021	n/a	n/a	US$9m
Sep 30 2021	n/a	n/a	US$9m
Jun 30 2021	US$550k	US$550k	US$8m
Mar 31 2021	n/a	n/a	US$1m
Dec 31 2020	n/a	n/a	US$818k
Sep 30 2020	n/a	n/a	US$649k
Jun 30 2020	US$5m	US$550k	US$713k
Mar 31 2020	n/a	n/a	US$2m
Dec 31 2019	n/a	n/a	US$2m
Sep 30 2019	n/a	n/a	US$3m
Jun 30 2019	US$550k	US$550k	US$3m
Mar 31 2019	n/a	n/a	US$3m
Dec 31 2018	n/a	n/a	US$4m
Sep 30 2018	n/a	n/a	US$4m
Jun 30 2018	US$950k	US$550k	US$4m
Mar 31 2018	n/a	n/a	US$3m
Dec 31 2017	n/a	n/a	US$3m
Sep 30 2017	n/a	n/a	US$3m
Jun 30 2017	US$15m	US$504k	US$3m

Compensation vs Market: Henry's total compensation ($USD4.50M) is above average for companies of similar size in the German market ($USD705.42K).

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

CEO

Henry Nahmad (44 yo)

9.1yrs

Tenure

US$4,499,609

Compensation

Mr. Henry M. Nahmad has been the Chief Executive Officer and President of EVI Industries, Inc. (formerly known as EnviroStar, Inc.) since joining it on March 06, 2015. Prior to that, Mr. Nahmad served as t...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Henry Nahmad	Chairman	9.1yrs	US$4.50m	42.39% $ 106.7m
Robert Lazar	CFO & Chief Accounting Officer	7.3yrs	US$636.45k	0.56% $ 1.4m
Thomas Marks	Executive VP of Business Development & President of West Region	7.5yrs	US$1.37m	8.85% $ 22.3m
Dennis Diaz	Director of Marketing	1.9yrs	no data	no data
Dennis Mack	Executive VP of Corporate Strategy & Director	7.5yrs	US$308.40k	8.07% $ 20.3m
Peter Limoncelli	President of Northeast Operation	3.4yrs	no data	no data
Lloyd Frank	Secretary	no data	US$2.50k	no data

7.4yrs

Average Tenure

64yo

Average Age

Experienced Management: 2YE's management team is seasoned and experienced (7.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Henry Nahmad	Chairman	9.1yrs	US$4.50m	42.39% $ 106.7m
Dennis Mack	Executive VP of Corporate Strategy & Director	7.4yrs	US$308.40k	8.07% $ 20.3m
David Blyer	Independent Director	25.4yrs	US$60.00k	0.0073% $ 18.5k
Hal Lucas	Independent Director	8.4yrs	US$62.50k	0.00077% $ 1.9k
Timothy LaMacchia	Independent Director	6.3yrs	US$67.00k	0.043% $ 109.2k
Glen Kruger	Independent Director	4.3yrs	US$59.00k	0.024% $ 61.3k

7.9yrs

Average Tenure

54yo

Average Age

Experienced Board: 2YE's board of directors are considered experienced (7.9 years average tenure).

EVI Industries Management

Management criteria checks 3/4

Key information

Recent management updates

Insufficient new directors

EVI Industries, Inc., Annual General Meeting, Dec 13, 2023

Insufficient new directors

EVI Industries, Inc., Annual General Meeting, Dec 15, 2022

EVI Industries, Inc., Annual General Meeting, Dec 17, 2020

Peter Limoncelli Names as President of EVI Industries, Inc.’s Northeast Operations

Recent updates

Investor sentiment improves as stock rises 16%

New minor risk - Share price stability

Second quarter 2024 earnings released: EPS: US$0.092 (vs US$0.16 in 2Q 2023)

EVI Industries, Inc. to Report Q2, 2024 Results on Feb 09, 2024

Investor sentiment deteriorates as stock falls 16%

Insufficient new directors

EVI Industries, Inc., Annual General Meeting, Dec 13, 2023

EVI Industries Regains Compliance with the NYSE American’s Continued Listing Standards

EVI Industries, Inc. Announces Special Cash Dividend, Payable on October 26, 2023

EVI Industries, Inc. announced delayed annual 10-K filing

EVI Industries, Inc. (NYSEAM:EVI) completed the acquisition of ALVF, Inc.

EVI Industries, Inc. (NYSEAM:EVI) executed a definitive agreement to acquire ALCO Washer Center.

Investor sentiment improves as stock rises 15%

Investor sentiment improves as stock rises 19%

EVI Industries, Inc. (NYSEAM:EVI) acquired Express Parts and Services.

Third quarter 2023 earnings released: EPS: US$0.19 (vs US$0.003 in 3Q 2022)

Second quarter 2023 earnings released: EPS: US$0.17 (vs US$0.039 in 2Q 2022)

Investor sentiment deteriorated over the past week

Insufficient new directors

Investor sentiment improved over the past week

EVI Industries, Inc., Annual General Meeting, Dec 15, 2022

First quarter 2023 earnings released: EPS: US$0.20 (vs US$0.15 in 1Q 2022)

EVI Industries, Inc. (NYSEAM:EVI) completed the acquisition of Wholesale Commercial Laundry, S.E. (Wholesale).

Investor sentiment improved over the past week

EVI Industries, Inc. (NYSEAM:EVI) executed a definitive agreement to acquire Wholesale Commercial Laundry Equipment S.E. LLC.

Investor sentiment improved over the past week

Full year 2022 earnings released: EPS: US$0.30 (vs US$0.63 in FY 2021)

EVI Industries, Inc. (NYSEAM:EVI) completed the acquisition of Aldrich Clean-Tech Equipment Corp.

EVI Industries, Inc. (NYSEAM:EVI) agreed to acquire Aldrich Clean-Tech Equipment Corp.

EVI Industries, Inc. (NYSEAM:EVI) agreed to acquire K&B Laundry Service LLC.

EVI Industries, Inc.(NYSEAM:EVI) dropped from Russell 2000 Growth-Defensive Index

EVI Industries, Inc. (NYSEAM:EVI) acquired Spynr Inc. from Dennis Diaz.

EVI Industries, Inc. (NYSEAM:EVI) acquired Laundry South Systems & Repair LLC

EVI Industries, Inc. (NYSEAM:EVI) entered into a definitive agreement to acquire Clean Designs, Inc./Clean Route LLC.

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Investor sentiment deteriorated over the past week

EVI Industries, Inc. (NYSEAM:EVI) entered into an agreement to acquire Consolidated Laundry Equipment and Central Equipment Company (collectively “CLE”) from Billy Kincaid.

First quarter 2022 earnings released: EPS US$0.15 (vs US$0.04 in 1Q 2021)

Full year 2021 earnings released: EPS US$0.63 (vs US$0.06 in FY 2020)

Second quarter 2021 earnings released: EPS US$0.038 (vs US$0.021 in 2Q 2020)

New 90-day high: €29.40

EVI Industries, Inc. (AMEX:EVI) entered into a definitive purchase agreement to acquire substantially all assets and certain liabilities of Eastern Laundry Systems Inc.

New 90-day high: €28.40

EVI Industries, Inc., Annual General Meeting, Dec 17, 2020

First quarter 2021 earnings released: EPS US$0.04

New 90-day high: €25.40

New 90-day high: €24.00

Peter Limoncelli Names as President of EVI Industries, Inc.’s Northeast Operations

New 90-day high: €23.00

Full year earnings released - EPS €0.06

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age