VOXX International Management

Management criteria checks 3/4

VOXX International's CEO is Pat Lavelle, appointed in May 2005, has a tenure of 31.33 years. total yearly compensation is $1.03M, comprised of 88% salary and 12% bonuses, including company stock and options. directly owns 2.56% of the company’s shares, worth €3.22M. The average tenure of the management team and the board of directors is 8.3 years and 10.8 years respectively.

Key information

Pat Lavelle

Chief executive officer

US$1.0m

Total compensation

CEO salary percentage	88.0%
CEO tenure	19yrs
CEO ownership	2.6%
Management average tenure	8.3yrs
Board average tenure	10.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Pat Lavelle's remuneration changed compared to VOXX International's earnings?
Date	Total Compensation	Salary	Company Earnings
Nov 30 2023	n/a	n/a	-US$39m
Aug 31 2023	n/a	n/a	-US$34m
May 31 2023	n/a	n/a	-US$33m
Feb 28 2023	US$1m	US$904k	-US$29m
Nov 30 2022	n/a	n/a	-US$7m
Aug 31 2022	n/a	n/a	-US$42m
May 31 2022	n/a	n/a	-US$32m
Feb 28 2022	US$2m	US$1m	-US$22m
Nov 30 2021	n/a	n/a	-US$16m
Aug 31 2021	n/a	n/a	US$31m
May 31 2021	n/a	n/a	US$38m
Feb 28 2021	US$2m	US$1m	US$27m
Nov 30 2020	n/a	n/a	-US$4m
Aug 31 2020	n/a	n/a	-US$20m
May 31 2020	n/a	n/a	-US$34m
Feb 29 2020	US$2m	US$1m	-US$26m
Nov 30 2019	n/a	n/a	-US$41m
Aug 31 2019	n/a	n/a	-US$31m
May 31 2019	n/a	n/a	-US$46m
Feb 28 2019	US$1m	US$1m	-US$46m
Nov 30 2018	n/a	n/a	US$777k
Aug 31 2018	n/a	n/a	-US$2m
May 31 2018	n/a	n/a	US$556k
Feb 28 2018	US$3m	US$1m	US$686k

Compensation vs Market: Pat's total compensation ($USD1.03M) is above average for companies of similar size in the German market ($USD396.12K).

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

CEO

Pat Lavelle (71 yo)

19yrs

Tenure

US$1,027,332

Compensation

Mr. Patrick M. Lavelle, also known as Pat, has been the Chief Executive of VOXX International Corporation (Former Name: Audiovox Corporation), holding company of Klipsch Group Inc. since May 1, 2005 and se...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Patrick Lavelle	CEO & Director	19yrs	US$1.03m	2.56% $ 3.2m
Loriann Shelton	Senior VP	8.3yrs	US$533.33k	0.065% $ 81.8k
Charles Stoehr	Senior VP & Treasurer	less than a year	US$485.96k	0.061% $ 76.2k
T. Jacobs	President & CEO of Premium Audio Company	12.8yrs	US$565.48k	no data
Ian Geise	President of VOXX Accessories Corporation	8.3yrs	no data	no data
Edward Mas	President & CEO of VOXX Automotive Corp.	6.2yrs	US$575.98k	no data
Janine Russo	Corporate Secretary	5.8yrs	no data	no data

8.3yrs

Average Tenure

65yo

Average Age

Experienced Management: VOX's management team is seasoned and experienced (8.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Patrick Lavelle	CEO & Director	31.3yrs	US$1.03m	2.56% $ 3.2m
John Adamovich	Independent Director	7.5yrs	US$56.97k	0.049% $ 61.3k
John Shalam	Chairman of the Board	64.3yrs	US$546.38k	18.32% $ 23.1m
Denise Gibson	Independent Director	8.8yrs	US$53.91k	0.14% $ 178.9k
Beat Kahli	Co-Vice Chairman	2.8yrs	US$44.00k	1.85% $ 2.3m
Ari Shalam	Co-Vice Chairman	12.8yrs	US$44.22k	0.26% $ 323.3k

10.8yrs

Average Tenure

66.5yo

Average Age

Experienced Board: VOX's board of directors are seasoned and experienced ( 10.8 years average tenure).

VOXX International Management

Management criteria checks 3/4

Key information

Recent management updates

VOXX International Corporation Announces Executive and Board Changes

VOXX International Corporation Announces Peter A. Lesser Not to Stand for Re-Election to its Board of Directors

VOXX International Corporation, Annual General Meeting, Jul 20, 2023

VOXX International Corporation Appoints Beat Kahli as Its New President

Independent Director recently bought €82k worth of stock

Insufficient new directors

Recent updates

VOXX International Corporation Announces Executive and Board Changes

Third quarter 2024 earnings released: EPS: US$0.082 (vs US$0.30 in 3Q 2023)

VOXX International Corporation to Report Q3, 2024 Results on Jan 09, 2024

Second quarter 2024 earnings released: US$0.47 loss per share (vs US$0.42 loss in 2Q 2023)

VOXX International Corporation to Report Q2, 2024 Results on Oct 10, 2023

VOXX International Corporation to Report Q2, 2024 Results on Oct 10, 2023

United States District Court, Central District of California Issues an Order Granting Seaguard Electronics LLC’s Petition to Confirm the Arbitration Award Against VOXX International Corporation

New major risk - Share price stability

First quarter 2024 earnings released: US$0.45 loss per share (vs US$0.27 loss in 1Q 2023)

VOXX International Corporation to Report Q1, 2024 Results on Jul 10, 2023

VOXX International Corporation Announces Peter A. Lesser Not to Stand for Re-Election to its Board of Directors

Full year 2023 earnings released: US$1.18 loss per share (vs US$0.92 loss in FY 2022)

VOXX International Corporation, Annual General Meeting, Jul 20, 2023

VOXX International Corporation to Report Q4, 2023 Results on May 15, 2023

VOXX International Corporation Appoints Beat Kahli as Its New President

Independent Director recently bought €82k worth of stock

VOXX International Corporation Provides Earnings Guidance for the Fourth Quarter of 2023

Third quarter 2023 earnings released: EPS: US$0.30 (vs US$1.16 loss in 3Q 2022)

VOXX International Corporation to Report Q3, 2023 Results on Jan 09, 2023

Insufficient new directors

Independent Co-Vice Chairman recently bought €150k worth of stock

Independent Co-Vice Chairman recently bought €115k worth of stock

Second quarter 2023 earnings released: US$0.42 loss per share (vs US$0.013 profit in 2Q 2022)

VOXX International Corporation to Report Q2, 2023 Results on Oct 11, 2022

VOXX International Corporation Launches New E-Commerce Platform to Support Anticipated Growth and Drive Customer Satisfaction

President recently bought €79k worth of stock

VOXX International Corporation Appoints Ari Shalam and Beat Kahli to Co-Vice Chairman

President recently bought €96k worth of stock

First quarter 2023 earnings released: US$0.27 loss per share (vs US$0.11 profit in 1Q 2022)

VOXX International Corporation to Report Q1, 2023 Results on Jul 11, 2022

VOXX International Corporation(NasdaqGS:VOXX) dropped from Russell 2000 Dynamic Index

VOXX International Corporation, Annual General Meeting, Jul 21, 2022

Full year 2022 earnings released: US$0.92 loss per share (vs US$1.11 profit in FY 2021)

VOXX International Corporation to Report Q4, 2022 Results on May 16, 2022

Insufficient new directors

Independent Director recently bought €292k worth of stock

Third quarter 2022 earnings: Revenues exceed analyst expectations

Investor sentiment improved over the past week

Independent Director recently bought €102k worth of stock

Independent Director recently bought €96k worth of stock

Second quarter 2022 earnings released: EPS US$0.013 (vs US$0.30 in 2Q 2021)

Investor sentiment deteriorated over the past week

Director recently bought €50k worth of stock

Insider recently bought €87k worth of stock

Investor sentiment deteriorated over the past week

First quarter 2022 earnings released: EPS US$0.11 (vs US$0.34 loss in 1Q 2021)

Full year 2021 earnings released: EPS US$1.12 (vs US$1.08 loss in FY 2020)

VOXX International Corporation Announces Impairment Charges for the Fourth Quarter Ended February 28, 2021

VOXX International Corporation (NasdaqGS:VOXX) entered into basic agreement to acquire Home AV Business of Onkyo Home Entertainment Corporation.

New 90-day high: €20.60

New 90-day high: €17.50

Third quarter 2021 earnings released: EPS US$0.75

VOXX International Corporation to Report Q3, 2021 Results on Jan 11, 2021

New 90-day high: €11.00

First half earnings released

Insider recently bought €81k worth of stock

VOXX International Corporation to Report Q2, 2021 Results on Oct 13, 2020

New 90-day high: €7.45

New 90-day high: €6.55

New 90-day high - €5.75

VOXX International Corporation to Report Q1, 2021 Results on Jul 10, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members