Heritage Global Management
Management criteria checks 2/4
Heritage Global's CEO is Ross Dove, appointed in May 2015, has a tenure of 9.33 years. total yearly compensation is $1.26M, comprised of 33.7% salary and 66.3% bonuses, including company stock and options. directly owns 6.23% of the company’s shares, worth €3.38M. The average tenure of the management team and the board of directors is 3.8 years and 4.3 years respectively.
Key information
Ross Dove
Chief executive officer
US$1.3m
Total compensation
| CEO salary percentage | 33.7% |
| CEO tenure | 9.3yrs |
| CEO ownership | 6.2% |
| Management average tenure | 3.8yrs |
| Board average tenure | 4.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | US$11m |
| Mar 31 2024 | n/a | n/a | US$11m |
| Dec 31 2023 | US$1m | US$425k | US$12m |
| Sep 30 2023 | n/a | n/a | US$18m |
| Jun 30 2023 | n/a | n/a | US$18m |
| Mar 31 2023 | n/a | n/a | US$18m |
| Dec 31 2022 | US$860k | US$408k | US$15m |
| Sep 30 2022 | n/a | n/a | US$6m |
| Jun 30 2022 | n/a | n/a | US$5m |
| Mar 31 2022 | n/a | n/a | US$3m |
| Dec 31 2021 | US$452k | US$350k | US$3m |
| Sep 30 2021 | n/a | n/a | US$8m |
| Jun 30 2021 | n/a | n/a | US$9m |
| Mar 31 2021 | n/a | n/a | US$11m |
| Dec 31 2020 | US$412k | US$350k | US$10m |
| Sep 30 2020 | n/a | n/a | US$4m |
| Jun 30 2020 | n/a | n/a | US$4m |
| Mar 31 2020 | n/a | n/a | US$3m |
| Dec 31 2019 | US$404k | US$350k | US$4m |
| Sep 30 2019 | n/a | n/a | US$4m |
| Jun 30 2019 | n/a | n/a | US$3m |
| Mar 31 2019 | n/a | n/a | US$3m |
| Dec 31 2018 | US$452k | US$350k | US$4m |
| Sep 30 2018 | n/a | n/a | US$3m |
| Jun 30 2018 | n/a | n/a | US$3m |
| Mar 31 2018 | n/a | n/a | US$785k |
| Dec 31 2017 | US$364k | US$350k | -US$249k |
Compensation vs Market: Ross's total compensation ($USD1.26M) is above average for companies of similar size in the German market ($USD509.89K).
Compensation vs Earnings: Ross's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Ross Dove (71 yo)
9.3yrs
Tenure
US$1,260,691
Compensation
Mr. Ross M. Dove serves as Global Chief Executive Officer of Heritage Global Inc. since January 1, 2021 and serves as its President. He has served as Co-Managing Partner of Heritage Global Partners, Inc.,...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 9.3yrs | US$1.26m | 6.23% $ 3.4m | |
| President of Financial Assets Division & Director | 4yrs | US$1.71m | 3.02% $ 1.6m | |
| President of Industrial Assets Division | 4yrs | US$948.02k | 0.27% $ 146.9k | |
| Chief Financial Officer | 3.5yrs | no data | 0.26% $ 139.4k | |
| Executive VP | 9.3yrs | no data | 0.77% $ 417.0k | |
| Chief Marketing Officer | 2.5yrs | no data | no data | |
| Founding Partner & Senior Advisor | 3.7yrs | US$406.00k | no data | |
| Senior Vice President | less than a year | no data | no data |
3.8yrs
Average Tenure
62yo
Average Age
Experienced Management: LGC's management team is considered experienced (3.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 9.3yrs | US$1.26m | 6.23% $ 3.4m | |
| President of Financial Assets Division & Director | 3.5yrs | US$1.71m | 3.02% $ 1.6m | |
| Independent Chairman | 23.4yrs | US$155.05k | 0.85% $ 459.0k | |
| Independent Director | 1.4yrs | US$70.80k | 0.081% $ 44.1k | |
| Independent Director | 8.1yrs | US$77.05k | 0.63% $ 340.9k | |
| Independent Director | 4.3yrs | US$79.30k | 0.17% $ 90.0k | |
| Independent Director | 3.8yrs | US$138.05k | 0.15% $ 82.0k |
4.3yrs
Average Tenure
61yo
Average Age
Experienced Board: LGC's board of directors are considered experienced (4.3 years average tenure).