Superior Drilling Products Management

Management criteria checks 2/4

Superior Drilling Products' CEO is G. Meier, appointed in Jan 2014, has a tenure of 10.25 years. total yearly compensation is $1.14M, comprised of 41.5% salary and 58.5% bonuses, including company stock and options. directly owns 9.07% of the company’s shares, worth €3.21M. The average tenure of the management team and the board of directors is 10.2 years and 10.3 years respectively.

Key information

G. Meier

Chief executive officer

US$1.1m

Total compensation

CEO salary percentage	41.5%
CEO tenure	10.3yrs
CEO ownership	9.1%
Management average tenure	10.2yrs
Board average tenure	10.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has G. Meier's remuneration changed compared to Superior Drilling Products's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$1m	US$475k	US$7m
Sep 30 2023	n/a	n/a	US$2m
Jun 30 2023	n/a	n/a	US$3m
Mar 31 2023	n/a	n/a	US$2m
Dec 31 2022	US$810k	US$475k	US$1m
Sep 30 2022	n/a	n/a	US$1m
Jun 30 2022	n/a	n/a	US$732k
Mar 31 2022	n/a	n/a	US$722k
Dec 31 2021	US$1m	US$445k	-US$530k
Sep 30 2021	n/a	n/a	-US$2m
Jun 30 2021	n/a	n/a	-US$4m
Mar 31 2021	n/a	n/a	-US$5m
Dec 31 2020	US$565k	US$404k	-US$3m
Sep 30 2020	n/a	n/a	-US$3m
Jun 30 2020	n/a	n/a	-US$1m
Mar 31 2020	n/a	n/a	-US$493k
Dec 31 2019	US$1m	US$475k	-US$936k
Sep 30 2019	n/a	n/a	-US$2m
Jun 30 2019	n/a	n/a	-US$2m
Mar 31 2019	n/a	n/a	-US$286k
Dec 31 2018	US$985k	US$475k	-US$58k
Sep 30 2018	n/a	n/a	-US$6m
Jun 30 2018	n/a	n/a	-US$6m
Mar 31 2018	n/a	n/a	-US$7m
Dec 31 2017	US$1m	US$333k	-US$7m

Compensation vs Market: G.'s total compensation ($USD1.14M) is above average for companies of similar size in the German market ($USD406.04K).

Compensation vs Earnings: G.'s compensation has increased by more than 20% in the past year.

CEO

G. Meier (62 yo)

10.3yrs

Tenure

US$1,143,302

Compensation

Mr. G. Troy Meier is the Co-Founder of Superior Drilling Products, Inc. and has been its Chief Executive Officer and Chairman since 2014 and served as its Chief Innovator and President. Mr. Meier As Chief...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
G. Meier	Co-Founder	10.3yrs	US$1.14m	9.07% $ 3.2m
Annette Meier	Co-Founder	10.3yrs	US$987.77k	7.79% $ 2.8m
Christopher Cashion	Chief Financial Officer	10.1yrs	US$437.17k	3.34% $ 1.2m
Tony Benjamin	Human Resources Director	5.4yrs	no data	no data
David Gale	Vice President of Operations	no data	US$96.98k	no data

10.2yrs

Average Tenure

61yo

Average Age

Experienced Management: SDW's management team is seasoned and experienced (10.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
G. Meier	Co-Founder	10.3yrs	US$1.14m	9.07% $ 3.2m
Annette Meier	Co-Founder	10.3yrs	US$987.77k	7.79% $ 2.8m
James Lines	Independent Director	7.3yrs	US$198.47k	1.67% $ 591.8k
Michael Ronca	Lead Independent Director	10.3yrs	US$230.97k	1.99% $ 703.6k
Robert Iversen	Independent Director	10.3yrs	US$193.97k	2.18% $ 772.9k

10.3yrs

Average Tenure

62yo

Average Age

Experienced Board: SDW's board of directors are seasoned and experienced ( 10.3 years average tenure).

Superior Drilling Products Management

Management criteria checks 2/4

Key information

Recent management updates

Superior Drilling Products, Inc., Annual General Meeting, Aug 11, 2023

Insider recently bought €53k worth of stock

Insider recently bought €60k worth of stock

Insider recently bought €107k worth of stock

Insufficient new directors

Insider recently bought €180k worth of stock

Recent updates

Investor sentiment improves as stock rises 24%

Full year 2023 earnings released: EPS: US$0.25 (vs US$0.037 in FY 2022)

Drilling Tools International Corp. (NasdaqCM:DTI) entered into a definitive merger agreement to acquire Superior Drilling Products, Inc. (NYSEAM:SDPI) for approximately $32.2 million.

Drilling Tools International Corp. (NasdaqCM:DTI) agreed to acquire Superior Drilling Products, Inc. (NYSEAM:SDPI) for $32.2 million.

Superior Drilling Products, Inc. to Report Q4, 2023 Results on Mar 07, 2024

New minor risk - Earnings quality

Third quarter 2023 earnings released: EPS: US$0 (vs US$0.022 in 3Q 2022)

Superior Drilling Products, Inc. Reaffirms Earnings Guidance for the Year 2023

Superior Drilling Products, Inc. to Report Q3, 2023 Results on Nov 09, 2023

Second quarter 2023 earnings released: EPS: US$0.011 (vs US$0.002 loss in 2Q 2022)

Superior Drilling Products, Inc. Revises Earnings Guidance for the Year 2023

Superior Drilling Products, Inc. to Report Q2, 2023 Results on Aug 14, 2023

New major risk - Share price stability

Investor sentiment improves as stock rises 18%

Superior Drilling Products, Inc., Annual General Meeting, Aug 11, 2023

Investor sentiment improves as stock rises 22%

First quarter 2023 earnings released: EPS: US$0.052 (vs US$0.005 in 1Q 2022)

Superior Drilling Products, Inc. Provides Earnings Guidance for the Year 2023

Star Equity Fund Issues a Press Release including an Open Letter to Superior Drilling Products

Now 21% undervalued

Insider recently bought €53k worth of stock

Now 24% undervalued

Full year 2022 earnings released: EPS: US$0.037 (vs US$0.02 loss in FY 2021)

Full year 2022 earnings released: EPS: US$0.037 (vs US$0.02 loss in FY 2021)

Investor sentiment improves as stock rises 20%

Insider recently bought €60k worth of stock

Insider recently bought €107k worth of stock

Superior Drilling Products, Inc. to Report Q4, 2022 Results on Mar 10, 2023

Investor sentiment improved over the past week

Insufficient new directors

Third quarter 2022 earnings released: EPS: US$0.022 (vs US$0 in 3Q 2021)

Superior Drilling Products, Inc. Provides Earnings Guidance for the Full Year 2022

Superior Drilling Products, Inc. to Report Q3, 2022 Results on Nov 11, 2022

Superior Drilling Products, Inc. Provides Earnings Guidance for the Third Quarter and Full Year 2022

Insider recently bought €180k worth of stock

Second quarter 2022 earnings released: US$0.002 loss per share (vs US$0.003 loss in 2Q 2021)

Superior Drilling Products, Inc. Provides Revenue Guidance for the Third Quarter and Full Year 2022

Superior Drilling Products, Inc. to Report Q2, 2022 Results on Aug 12, 2022

Superior Drilling Products, Inc., Annual General Meeting, Aug 09, 2022

Star Equity Fund Withdrew its Nomination

Investor sentiment improved over the past week

Superior Drilling Products, Inc. Regains Compliance with NYSE American Continued Listing Standards

First quarter 2022 earnings released: EPS: US$0.005 (vs US$0.043 loss in 1Q 2021)

Star Equity Fund LP Issues an Open Letter to Superior Drilling Products Inc

Star Equity Fund LP Issues an Open Letter to Superior Drilling Products Inc

Insufficient new directors

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Superior Drilling Products, Inc. to Report Q4, 2021 Results on Mar 11, 2022

Second quarter 2021 earnings released: US$0.003 loss per share (vs US$0.049 loss in 2Q 2020)

Superior Drilling Products Receives Non-Compliance Notice from NYSE and Acceptance of Continued Listing Compliance Plan

First quarter 2021 earnings released: US$0.043 loss per share (vs US$0.008 profit in 1Q 2020)

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age