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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	20.7%
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

How has Jeff Clementz's remuneration changed compared to Shift Technologies's earnings?
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
George Arison	Co-Founder & Chairman	2.7yrs	US$952.39k	1.09% € 277.9k
Jeffrey Clementz	CEO & Director	less than a year	US$2.47m	0.16% € 41.5k
Tobias Russell	Co-Founder	no data	US$722.64k	0.80% € 204.5k
Oded Shein	Chief Financial Officer	2.3yrs	US$1.12m	0.14% € 36.0k
Sean Foy	Chief Operating Officer	2.7yrs	US$1.14m	0.17% € 43.1k
Christian Ohler	Co-Founder	10.4yrs	no data	no data
Jason Curtis	Chief Accounting Officer	2yrs	no data	0.035% € 8.9k
Keith Vertrees	Senior VP and CPO & CTO	less than a year	no data	no data
Mark McCollum	Chief Revenue Officer	2.8yrs	no data	no data
Ryan Lawrence	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
George Arison	Co-Founder & Chairman	2.7yrs	US$952.39k	1.09% € 277.9k
Jeffrey Clementz	CEO & Director	less than a year	US$2.47m	0.16% € 41.5k
Tobias Russell	Co-Founder	2.7yrs	US$722.64k	0.80% € 204.5k
James Skinner	Independent Director	less than a year	US$3.40k	0.11% € 27.3k
Kimberly Sheehy	Independent Director	less than a year	US$3.71k	0.10% € 26.3k
Victoria McInnis	Lead Independent Director	2.7yrs	US$157.82k	0.020% € 5.2k
Adam Nash	Independent Director	2.7yrs	US$147.82k	0.0084% € 2.2k
Kellyn Kenny	Independent Director	2.7yrs	US$142.82k	0.012% € 3.0k
Luis Ignacio Solorzano Aizpuru	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.

This company listing is no longer active

Shift Technologies Management

Management criteria checks 1/4

Key information

Recent management updates

Shift Technologies, Inc. Announces Board and Committee Changes

Shift Technologies, Inc. Announces Resignation of Victoria Mcinnis as Member of the Board of Directors

Shift Technologies, Inc. Announces Executive Changes

Shift Appoints Ayman Moussa as New CEO

Shift Technologies, Inc. Announces Board Changes

High number of new and inexperienced directors

Recent updates

Combined Hearing for DS & Plan Rejected for Shift Technologies, Inc.

Shift Technologies, Inc.(OTCPK:SFTG.Q) dropped from NASDAQ Composite Index

Maruthi J. D. Venkata Sends Letter to the Board of Shift Technologies

Shift Technologies, Inc.(NasdaqCM:SFT) dropped from S&P TMI Index

Nasdaq Commences Proceedings to Delist the Shift Technologies' Common Stock

Motion for Joint Administration Filed by Shift Technologies, Inc.

Shift Technologies, Inc. Filed for Bankruptcy

Shift Technologies, Inc. Announces Board and Committee Changes

Shift Technologies, Inc. Announces Resignation of Victoria Mcinnis as Member of the Board of Directors

Shift Technologies, Inc. to Report Q2, 2023 Results on Aug 10, 2023

Shift Technologies, Inc. Plans to Reduce the Workforce

Shift Technologies, Inc. Announces Executive Changes

Shift Appoints Ayman Moussa as New CEO

Shift Technologies, Inc. announced delayed 10-Q filing

Shift Technologies Receives Written Notice from Nasdaq Regarding Minimum Value of Listed Securities

A local dealership group has agreed to acquire East Coast Stores of Shift Technologies, Inc. (NasdaqCM:SFT).

Shift Technologies Receives Non-Compliance Notice from Nasdaq

Shift Technologies, Inc. (NasdaqCM:SFT) completed the acquisition of CarLotz, Inc. (NasdaqGM:LOTZ) from Acamar Partners Sponsor I LLC and others.

Shift Technologies, Inc. Announces Board Changes

High number of new and inexperienced directors

Third quarter 2022 earnings released: US$0.92 loss per share (vs US$0.48 loss in 3Q 2021)

Shift Technologies, Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year of Fiscal 2022

Shift Technologies, Inc. to Report Q3, 2022 Results on Nov 08, 2022

High number of new and inexperienced directors

Shift Technologies Receives a Written Notice from the Listing Qualifications Department of The Nasdaq Stock Market LLC Regarding Minimum Bid Price Requirement

Shift Technologies, Inc. Announces Board Changes, Effective August 31, 2022

Second quarter 2022 earnings released: US$0.65 loss per share (vs US$0.41 loss in 2Q 2021)

Shift Technologies, Inc. (NasdaqCM:SFT) entered into a definitive agreement to acquire CarLotz, Inc. (NasdaqGM:LOTZ) for approximately $120 million.

Shift Technologies, Inc. Announces Executive Changes, Effective September 1, 2022

Shift Technologies, Inc. to Report Q2, 2022 Results on Aug 09, 2022

Shift Technologies, Inc.(NasdaqCM:SFT) dropped from Russell Microcap Value Index

Shift Technologies, Inc., Annual General Meeting, Jul 08, 2022

Shift Technologies, Inc. (NasdaqCM:SFT) completed the acquisition of Certain Automotive Dealer Marketplace Assets of Fair Financial Corp.

Shift Technologies, Inc. Provides Revenue Guidance for the Second Quarter of 2022

First quarter 2022 earnings released: US$0.70 loss per share (vs US$0.55 loss in 1Q 2021)

High number of new and inexperienced directors

Shift Technologies, Inc. to Report Q1, 2022 Results on May 10, 2022

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

Shift Technologies, Inc. to Report Q4, 2021 Results on Mar 15, 2022

Third quarter 2021 earnings released: US$0.48 loss per share (vs US$6.96 loss in 3Q 2020)

Second quarter 2021 earnings released: US$0.41 loss per share (vs US$5.79 loss in 2Q 2020)

Shift Technology Announces Shift Claims Automation on Salesforce AppExchange

Chief Financial Officer recently bought €57k worth of stock

First quarter 2021 earnings released: US$0.55 loss per share (vs US$0.35 loss in 1Q 2020)

Shift Technologies, Inc. Raising Guidance for the Year Ending December 31, 2021

Shift Begins Selling Cars to Customers in Austin-San Antonio Area

Shift Begins Buying Cars from Consumers in Las Vegas

Senior VP of Accounting & Controller has left the company

Shift Technologies, Inc. Announces Executive Changes

Revenue beats expectations

Full year 2020 earnings released: US$3.12 loss per share (vs US$2.33 loss in FY 2019)

Shift Technologies, Inc. to Report Q4, 2020 Results on Mar 08, 2021

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age