BGSF Management

Management criteria checks 2/4

BGSF's CEO is Beth Garvey, appointed in Oct 2018, has a tenure of 5.75 years. total yearly compensation is $692.62K, comprised of 65% salary and 35% bonuses, including company stock and options. directly owns 2.61% of the company’s shares, worth €2.28M. The average tenure of the management team and the board of directors is 1.6 years and 9.9 years respectively.

Key information

Beth Garvey

Chief executive officer

US$692.6k

Total compensation

CEO salary percentage	65.0%
CEO tenure	5.8yrs
CEO ownership	2.6%
Management average tenure	1.6yrs
Board average tenure	9.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Beth Garvey's remuneration changed compared to BGSF's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$5m
Dec 31 2023	US$693k	US$451k	-US$10m
Oct 01 2023	n/a	n/a	-US$10m
Jul 02 2023	n/a	n/a	-US$8m
Apr 02 2023	n/a	n/a	-US$7m
Jan 01 2023	US$1m	US$425k	US$11m
Sep 25 2022	n/a	n/a	US$14m
Jun 26 2022	n/a	n/a	US$13m
Mar 27 2022	n/a	n/a	US$13m
Dec 26 2021	US$760k	US$425k	US$10m
Sep 26 2021	n/a	n/a	US$5m
Jun 27 2021	n/a	n/a	US$4m
Mar 28 2021	n/a	n/a	-US$4m
Dec 27 2020	US$708k	US$350k	-US$2m
Sep 27 2020	n/a	n/a	US$2m
Jun 28 2020	n/a	n/a	US$4m
Mar 29 2020	n/a	n/a	US$12m
Dec 29 2019	US$686k	US$350k	US$10m
Sep 29 2019	n/a	n/a	US$15m
Jun 30 2019	n/a	n/a	US$16m
Mar 31 2019	n/a	n/a	US$18m
Dec 30 2018	US$713k	US$292k	US$18m
Sep 30 2018	n/a	n/a	US$12m
Jul 01 2018	n/a	n/a	US$10m
Apr 01 2018	n/a	n/a	US$7m
Dec 31 2017	US$337k	US$275k	US$6m

Compensation vs Market: Beth's total compensation ($USD692.62K) is above average for companies of similar size in the German market ($USD525.52K).

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

CEO

Beth Garvey (59 yo)

5.8yrs

Tenure

US$692,615

Compensation

Ms. Beth A. Garvey serves as Chief Executive Officer and President at BGSF, Inc. (formerly known as BG Staffing, Inc.) since October 1, 2018 and has been its Director since July 29, 2020 and serves as its...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Beth Garvey	President	5.8yrs	US$692.62k	2.61% $ 2.3m
John Barnett	CFO & Secretary	1.3yrs	US$409.02k	0.11% $ 98.9k
Nicole Rosen	Chief Information Officer	1.5yrs	no data	no data
Emily Burroughs	Vice President of Communications & Culture	less than a year	no data	no data
Janel Hunt	Executive Vice President of Human Resources	5.5yrs	no data	no data
Eric Peters	President of Professional Division	no data	no data	no data
Christopher Loope	Chief Strategy Officer	1.5yrs	no data	no data
Kelly Brown	President of Property Management	3.2yrs	no data	no data
Melissa Phillips	Chief Digital Officer	1.7yrs	no data	no data

1.6yrs

Average Tenure

Experienced Management: BGK0's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Beth Garvey	President	4yrs	US$692.62k	2.61% $ 2.3m
Richard Baum	Independent Director	10.7yrs	US$125.62k	1.06% $ 930.4k
Douglas Hailey	Independent Director	10.7yrs	US$125.62k	1.79% $ 1.6m
C. Allen	Independent Director	9.9yrs	US$125.62k	0.67% $ 590.3k
Cynthia Marshall	Independent Director	4yrs	US$118.84k	0.28% $ 241.2k
Paul Seid	Independent Director	9.9yrs	US$120.62k	1.09% $ 954.9k
Donna Carroll	Independent Director	1.3yrs	US$62.89k	0.089% $ 78.0k

9.9yrs

Average Tenure

62yo

Average Age

Experienced Board: BGK0's board of directors are considered experienced (9.9 years average tenure).

BGSF Management

Management criteria checks 2/4

Key information

Recent management updates

BGSF, Inc., Annual General Meeting, Aug 07, 2024

Independent Director recently bought €70k worth of stock

Insufficient new directors

BGSF, Inc., Annual General Meeting, Aug 09, 2023

Independent Director recently bought €173k worth of stock

BGSF, Inc. Announces Executive Appointments

Recent updates

BGSF, Inc., Annual General Meeting, Aug 07, 2024

New minor risk - Share price stability

Independent Director recently bought €70k worth of stock

Investor sentiment deteriorates as stock falls 21%

First quarter 2024 earnings released: US$0.073 loss per share (vs US$1.54 loss in 1Q 2023)

BGSF, Inc. to Report Q1, 2024 Results on May 08, 2024

New minor risk - Market cap size

Full year 2023 earnings released: US$0.95 loss per share (vs US$1.08 profit in FY 2022)

BGSF, Inc. to Report Q4, 2023 Results on Mar 13, 2024

Third quarter dividend of US$0.15 announced

BGSF, Inc. Announces Quarterly Dividend, Payable on February 27, 2024

Third quarter 2023 earnings released: EPS: US$0.24 (vs US$0.44 in 3Q 2022)

BGSF, Inc. Declares Dividend on Common Stock, Payable on November 28, 2023

BGSF, Inc. to Report Q3, 2023 Results on Nov 08, 2023

New minor risk - Market cap size

Now 21% undervalued

New minor risk - Share price stability

BGSF, Inc. Declares Quarterly Cash Dividend, Payable on August 28, 2023

Second quarter 2023 earnings released: EPS: US$0.24 (vs US$0.30 in 2Q 2022)

Insufficient new directors

BGSF, Inc. to Report Q2, 2023 Results on Aug 09, 2023

BGSF, Inc., Annual General Meeting, Aug 09, 2023

Independent Director recently bought €173k worth of stock

First quarter 2023 earnings released: US$1.54 loss per share (vs US$0.19 profit in 1Q 2022)

Investor sentiment deteriorates as stock falls 17%

Full year 2022 earnings released: EPS: US$1.08 (vs US$1.01 in FY 2021)

BGSF, Inc. to Report Q4, 2022 Results on Mar 08, 2023

BGSF, Inc. Declares Quarterly Cash Dividend, Payable on March 2, 2023

BGSF, Inc. Announces Executive Appointments

BGSF, Inc. (NYSE:BGSF) acquired Horn Solutions, Inc.

BGSF, Inc. Appoints Melissa Phillips as Chief Digital Officer

Third quarter 2022 earnings released: EPS: US$0.44 (vs US$0.45 in 3Q 2021)

BGSF, Inc. Declares Quarterly Cash Dividend, Payable on November 21, 2022

BGSF, Inc. to Report Q3, 2022 Results on Nov 02, 2022

Now 21% undervalued

Second quarter 2022 earnings released: EPS: US$0.30 (vs US$0.33 in 2Q 2021)

BGSF, Inc. Declares Quarterly Cash Dividend, Payable on August 22, 2022

BGSF, Inc. to Report Q2, 2022 Results on Aug 03, 2022

Now 20% undervalued

Now 20% undervalued after recent price drop

Upcoming dividend of US$0.15 per share

First quarter 2022 earnings released: EPS: US$0.19 (vs US$0.069 in 1Q 2021)

Independent Director recently bought €241k worth of stock

BGSF, Inc. Declares Quarterly Cash Dividend, Payable on May 24, 2022

BGSF, Inc. to Report Q1, 2022 Results on Apr 27, 2022

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

BGSF, Inc. to Report Q4, 2021 Results on Mar 09, 2022

BGDF, Inc. Declares Quarterly Cash Dividend, Payable on February 22, 2022

Independent Director recently bought €296k worth of stock

Third quarter 2021 earnings released: EPS US$0.45 (vs US$0.25 in 3Q 2020)

Independent Director recently bought €55k worth of stock

Investor sentiment improved over the past week

Second quarter 2021 earnings released: EPS US$0.33 (vs US$0.47 loss in 2Q 2020)

BGSF, Inc.(NYSE:BGSF) dropped from Russell 3000E Value Index

Independent Director recently bought €136k worth of stock

BGSF, Inc. Declares Quarterly Cash Dividend, Payable on May 24, 2021

First quarter 2021 earnings released: EPS US$0.069 (vs US$0.14 in 1Q 2020)

Full year 2020 earnings released: EPS US$0.14 (vs US$1.29 in FY 2019)

Revenue beats expectations

New 90-day high: €12.22

BGSF, Inc. to Report Q4, 2020 Results on Mar 11, 2021

BGSF, Inc. (NYSE:BGSF) acquired substantially all of the assets of Momentum Solutionz, LLC for $6 million.

Bg Staffing, Inc. Does Not Provide Guidance

Revenue beats expectations

Third quarter 2020 earnings released: EPS US$0.25

New 90-day low: €6.65

New 90-day low: €7.30

Earnings released

BG Staffing, Inc. to Report Q2, 2020 Results on Aug 05, 2020