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Shift Technologies Management
Management criteria checks 1/4
Shift Technologies' CEO is Jeff Clementz, appointed in Sep 2022, has a tenure of less than a year. total yearly compensation is $2.47M, comprised of 20.7% salary and 79.3% bonuses, including company stock and options. directly owns 0.16% of the company’s shares, worth €41.49K. The average tenure of the management team and the board of directors is 2.1 years and 2.7 years respectively.
Key information
Jeff Clementz
Chief executive officer
US$2.5m
Total compensation
| CEO salary percentage | 20.68% |
| CEO tenure | less than a year |
| CEO ownership | 0.2% |
| Management average tenure | 2.1yrs |
| Board average tenure | 2.7yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2023 | n/a | n/a | -US$163m |
| Dec 31 2022 | US$2m | US$510k | -US$172m |
Compensation vs Market: Jeff's total compensation ($USD2.47M) is above average for companies of similar size in the German market ($USD418.12K).
Compensation vs Earnings: Insufficient data to compare Jeff's compensation with company performance.
CEO
Jeff Clementz (48 yo)
less than a year
Tenure
US$2,466,000
Compensation
Mr. Jeffrey Clementz, also known as Jeff, served as President at Shift Technologies, Inc. since October 1, 2021 until September 2022 and serves as its Chief Executive Officer since September 01, 2022 and s...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder & Chairman | 2.7yrs | US$952.39k | 1.09% € 277.9k | |
| CEO & Director | less than a year | US$2.47m | 0.16% € 41.5k | |
| Co-Founder | no data | US$722.64k | 0.80% € 204.5k | |
| Chief Financial Officer | 2.3yrs | US$1.12m | 0.14% € 36.0k | |
| Chief Operating Officer | 2.7yrs | US$1.14m | 0.17% € 43.1k | |
| Co-Founder | 10.4yrs | no data | no data | |
| Chief Accounting Officer | 2yrs | no data | 0.035% € 8.9k | |
| Senior VP and CPO & CTO | less than a year | no data | no data | |
| Chief Revenue Officer | 2.8yrs | no data | no data | |
| Corporate Secretary | 1.6yrs | no data | no data |
2.1yrs
Average Tenure
47yo
Average Age
Experienced Management: 4GI0's management team is considered experienced (2.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder & Chairman | 2.7yrs | US$952.39k | 1.09% € 277.9k | |
| CEO & Director | less than a year | US$2.47m | 0.16% € 41.5k | |
| Co-Founder | 2.7yrs | US$722.64k | 0.80% € 204.5k | |
| Independent Director | less than a year | US$3.40k | 0.11% € 27.3k | |
| Independent Director | less than a year | US$3.71k | 0.10% € 26.3k | |
| Lead Independent Director | 2.7yrs | US$157.82k | 0.020% € 5.2k | |
| Independent Director | 2.7yrs | US$147.82k | 0.0084% € 2.2k | |
| Independent Director | 2.7yrs | US$142.82k | 0.012% € 3.0k | |
| Independent Director | less than a year | US$2.47k | 0.10% € 25.7k |
2.7yrs
Average Tenure
48yo
Average Age
Experienced Board: 4GI0's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/06/04 18:43 |
| End of Day Share Price | 2023/03/07 00:00 |
| Earnings | 2023/03/31 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Shift Technologies, Inc. is covered by 12 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Michael Ward | Benchmark Company |
| Marvin Fong | BTIG |
| Benjamin Sherlund | Cantor Fitzgerald & Co. |