Energy Focus Management

Management criteria checks 2/4

Energy Focus' CEO is Jay Huang, appointed in Aug 2023, has a tenure of 1.25 years. total yearly compensation is $15.00, comprised of 20% salary and 80% bonuses, including company stock and options. directly owns 13.75% of the company’s shares, worth €868.26K. The average tenure of the management team and the board of directors is 2.2 years and 1.8 years respectively.

Key information

Jay Huang

Chief executive officer

US$15.0

Total compensation

CEO salary percentage	20.0%
CEO tenure	1.3yrs
CEO ownership	13.7%
Management average tenure	2.2yrs
Board average tenure	1.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jay Huang's remuneration changed compared to Energy Focus's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	-US$2m
Jun 30 2024	n/a	n/a	-US$3m
Mar 31 2024	n/a	n/a	-US$3m
Dec 31 2023	US$15	US$3	-US$4m

Compensation vs Market: Jay's total compensation ($USD15.00) is below average for companies of similar size in the German market ($USD471.14K).

Compensation vs Earnings: Insufficient data to compare Jay's compensation with company performance.

CEO

Jay Huang (49 yo)

1.3yrs

Tenure

US$15

Compensation

Mr. Chiao Chieh Huang, also known as Jay, wass Independent Chairman of Energy Focus, Inc. from January 23, 2023 until August 24, 2023 & serves as It's Chief Executive Officer & Director since August 24, 20...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Chiao Chieh Huang	CEO & Director	1.3yrs	US$15.00	13.75% € 868.3k
Randy Gianas	Senior Vice President	1.8yrs	US$150.00k	no data
Laszlo Takacs	Chief Technology Officer	7yrs	no data	no data
Stephen Davis	Director of Government & Investor Relations	no data	no data	no data
Bob Smyles	Senior Director & Head of Government Sales	2.5yrs	no data	no data
Edward Gilmore	CEO of Little Grapevine	no data	no data	no data

2.2yrs

Average Tenure

Experienced Management: FI4A's management team is considered experienced (2.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Chiao Chieh Huang	CEO & Director	1.8yrs	US$15.00	13.75% € 868.3k
Bob Smyles	Senior Director & Head of Government Sales	2.5yrs	no data	no data
Marc Byrnes	Member of Advisory Board	no data	no data	no data
Steven Fedrizzi	Member of Advisory Board	8.3yrs	no data	no data
Wen-Jeng Chang	Independent Director	1.8yrs	US$24.00k	no data
Mei Huang	Independent Director	4.8yrs	US$20.00k	9.12% € 575.7k
Chao-Jen Huang	Independent Director	1.3yrs	US$10.20k	no data
Shou-Jang Lee	Independent Director	1.3yrs	US$12.00k	no data
Kin-Fu Chen	Chairman of the Board	1.3yrs	US$9.00k	no data
Wen-Cheng Chen	Independent Director	less than a year	no data	no data

1.8yrs

Average Tenure

60yo

Average Age

Experienced Board: FI4A's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.

Energy Focus Management

Management criteria checks 2/4

Key information

Recent management updates

Energy Focus, Inc., Annual General Meeting, Jun 12, 2024

Energy Focus, Inc. Announces resignation of Karel Robert (Kaj) Den Daas, A Member of the Board

Energy Focus, Inc. Announces Board Changes

High number of new and inexperienced directors

Energy Focus, Inc. Announces Board Changes

Energy Focus, Inc. Announces Board Changes

Recent updates

Third quarter 2024 earnings released: US$0.06 loss per share (vs US$0.27 loss in 3Q 2023)

New major risk - Shareholder dilution

Second quarter 2024 earnings released: US$0.12 loss per share (vs US$0.42 loss in 2Q 2023)

First quarter 2024 earnings released: US$0.094 loss per share (vs US$0.58 loss in 1Q 2023)

Energy Focus, Inc., Annual General Meeting, Jun 12, 2024

Energy Focus, Inc. announced that it has received $0.450143 million in funding

Full year 2023 earnings released: US$1.33 loss per share (vs US$8.87 loss in FY 2022)

Third quarter 2023 earnings released: US$0.27 loss per share (vs US$2.03 loss in 3Q 2022)

Energy Focus, Inc. Announces resignation of Karel Robert (Kaj) Den Daas, A Member of the Board

Energy Focus, Inc. Announces Board Changes

New major risk - Financial position

Second quarter 2023 earnings released: US$0.42 loss per share (vs US$2.43 loss in 2Q 2022)

High number of new and inexperienced directors

Energy Focus, Inc. Announces Board Changes

First quarter 2023 earnings released: US$0.082 loss per share (vs US$0.44 loss in 1Q 2022)

Full year 2022 earnings released: US$1.27 loss per share (vs US$1.73 loss in FY 2021)

Energy Focus, Inc. Announces Board Changes

Energy Focus, Inc. announced that it has received $0.15 million in funding

Energy Focus Receives a Written Notification from the Listing Qualifications Staff of the Nasdaq Stock Market

Third quarter 2022 earnings released: US$0.29 loss per share (vs US$0.22 loss in 3Q 2021)

High number of new directors

Third quarter 2022 earnings released: US$0.29 loss per share (vs US$0.22 loss in 3Q 2021)

High number of new directors

High number of new directors

Energy Focus, Inc Appoints Lesley Matt as Its New Chief Executive Officer

Energy Focus, Inc. Announces Board Changes

Energy Focus Receives a Written Notification from the Listing Qualifications Staff of the Nasdaq Stock Market

Energy Focus, Inc. Introduces Updated Enfocus Power Line Controlled (Plc) Dimmable and Color Tunable Commercial Led Lighting Solutions

Second quarter 2022 earnings released: US$0.35 loss per share (vs US$0.59 loss in 2Q 2021)

Energy Focus, Inc. Announces Management Appointments

Energy Focus, Inc. to Report Q2, 2022 Results on Aug 11, 2022

Energy Focus, Inc., Annual General Meeting, Jun 22, 2022

High number of new directors

Energy Focus, Inc. Appoints Bob Smyles as Senior Director, Head of Government Sales

First quarter 2022 earnings released: US$0.44 loss per share (vs US$0.46 loss in 1Q 2021)

Energy Focus, Inc. to Report Q1, 2022 Results on May 12, 2022

High number of new and inexperienced directors

Energy Focus, Inc., Annual General Meeting, May 25, 2022

No longer forecast to breakeven

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

High number of new and inexperienced directors

Energy Focus, Inc. Announces Executive Changes

Energy Focus, Inc. Announces CEO Changes

Forecast to breakeven in 2024

Energy Focus, Inc. announced that it has received $4.500014 million in funding

Energy Focus Launches nUVo Virus-Targeted UVC Air Disinfectors to Public

Third quarter 2021 earnings released: US$0.22 loss per share (vs US$0.35 loss in 3Q 2020)

Second quarter 2021 earnings released: US$0.59 loss per share (vs US$1.36 loss in 2Q 2020)

First quarter 2021 earnings released: US$0.46 loss per share (vs US$0.17 loss in 1Q 2020)

Full year 2020 earnings released

Energy Focus, Inc. to Report Q4, 2020 Results on Mar 25, 2021

Energy Focus Partners with Dalkia of EDF Group

Energy Focus Partners with CW Lighting and Associates, LLC, Flex Green Lighting, and LEC and Company as New Sales Agencies to Expand Territories

Energy Focus, Inc. Suspends Sales Guidance the Fourth Quarter of 2020

Energy Focus, Inc. to Report Q3, 2020 Results on Nov 12, 2020

Energy Focus, Inc. Launches Advanced UV-C Disinfection Product Portfolio Offering Airborne and Surface Disinfection Solutions for Commercial and Residential Indoor Environments

New 90-day high: €8.50

Energy Focus, Inc. Appoints James Warren as Senior Vice President, General Counsel and Corporate Secretary

New 90-day high - €7.05

First half earnings released

Energy Focus, Inc. to Report Q2, 2020 Results on Aug 14, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure