CEVA Management

Management criteria checks 2/4

CEVA's CEO is Amir Panush, appointed in Jan 2023, has a tenure of less than a year. total yearly compensation is $3.95M, comprised of 12.4% salary and 87.6% bonuses, including company stock and options. directly owns 0.092% of the company’s shares, worth €658.68K. The average tenure of the management team and the board of directors is 4.2 years and 8.1 years respectively.

Key information

Amir Panush

Chief executive officer

US$3.9m

Total compensation

CEO salary percentage	12.4%
CEO tenure	2yrs
CEO ownership	0.09%
Management average tenure	4.2yrs
Board average tenure	8.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Amir Panush's remuneration changed compared to CEVA's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	-US$15m
Jun 30 2024	n/a	n/a	-US$17m
Mar 31 2024	n/a	n/a	-US$21m
Dec 31 2023	US$4m	US$488k	-US$18m

Compensation vs Market: Amir's total compensation ($USD3.95M) is above average for companies of similar size in the German market ($USD1.47M).

Compensation vs Earnings: Insufficient data to compare Amir's compensation with company performance.

CEO

Amir Panush (50 yo)

2yrs

Tenure

US$3,945,887

Compensation

Mr. Amir Panush serves as Chief Executive Officer at CEVA, Inc. since January 1, 2023 and serves as its Director since February 13, 2024. He served as Chief Executive Officer at InvenSense, Inc. from April...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Amir Panush	CEO & Director	2yrs	US$3.95m	0.092% € 658.7k
Yaniv Arieli	CFO & Treasurer	19.7yrs	US$1.38m	0.29% € 2.1m
Michael Boukaya	Executive VP & COO	5.8yrs	US$1.22m	0.034% € 247.5k
Gweltaz Toquet	Chief Commercial Officer	2yrs	US$1.19m	0.021% € 150.0k
Richard Kingston	Vice President of Market Intelligence	9.8yrs	no data	no data
Geraldine Kutas	Director of Corporate Affairs & Communication	3.3yrs	no data	no data
Dana Maor-Megiddo	Vice President of People	5yrs	no data	no data
Iri Trashanski	Chief Strategy Officer	1.4yrs	no data	no data
Jeff VanWashenova	Director of Automotive Market Segment	no data	no data	no data
Franz Dugand	Director of Sales & Marketing for Connectivity Business Unit	no data	no data	no data
Emmanuel Gresset	Business Development Director of CEVA Wireless Business Unit	no data	no data	no data

4.2yrs

Average Tenure

50yo

Average Age

Experienced Management: PVJA's management team is considered experienced (4.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Amir Panush	CEO & Director	less than a year	US$3.95m	0.092% € 658.7k
Sven-Christer Nilsson	Independent Director	22.2yrs	US$179.66k	0.16% € 1.1m
Peter McManamon	Independent Chairman	21.8yrs	US$187.16k	1.23% € 8.9m
Louis Silver	Independent Director	22.8yrs	US$184.66k	0.16% € 1.2m
Maria Marced	Independent Director	8.1yrs	US$179.66k	0.082% € 590.8k
Jaclyn Liu	Independent Director	3.9yrs	US$164.66k	0.068% € 489.1k
Bernadette Andrietti	Independent Director	5.3yrs	US$174.66k	0.032% € 230.5k

8.1yrs

Average Tenure

70yo

Average Age

Experienced Board: PVJA's board of directors are considered experienced (8.1 years average tenure).

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/01 14:42
End of Day Share Price	2024/12/30 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

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	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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 here.

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 .

Analyst Sources

CEVA, Inc. is covered by 21 analysts. 5 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
Joseph Wolf	Barclays
Tavy Rosner	Barclays
Gary Mobley	Benchmark Company

CEVA Management

Management criteria checks 2/4

Key information

Recent management updates

CEVA, Inc., Annual General Meeting, May 21, 2024

Insufficient new directors

CEVA, Inc. Appoints Amir Panush as Member of the Board

CEVA, Inc. Appoints Iri Trashanski as Chief Strategy Officer

CEVA, Inc. Announces Management Changes

Insufficient new directors

Recent updates

Third quarter 2024 earnings released: US$0.055 loss per share (vs US$0.12 loss in 3Q 2023)

Now 20% overvalued after recent price rise

CEVA, Inc. to Report Q3, 2024 Results on Nov 07, 2024

Now 20% overvalued after recent price rise

New minor risk - Share price stability

Now 24% undervalued after recent price drop

CEVA, Inc. to Report Q2, 2024 Results on Aug 07, 2024

Ceva, Inc. Extends Its Smart Edge IP Leadership, Adding New TinyML Optimized NPUs for AIoT Devices to Enable Edge AI Everywhere

CEVA, Inc. Provides Earnings Guidance for the Second Quarter of 2024

First quarter 2024 earnings released: US$0.23 loss per share (vs US$0.21 loss in 1Q 2023)

CEVA, Inc. to Report Q1, 2024 Results on May 09, 2024

CEVA, Inc., Annual General Meeting, May 21, 2024

Now 20% overvalued after recent price rise

Ceva, Inc. Launches Multi-Protocol Wireless Platform IP Family to Accelerate Enhanced Connectivity in MCUs and SOCs for IoT and Smart Edge AI Applications

Insufficient new directors

Ceva, Inc. Introduces Next Generation Low Power Ultra-Wideband IP for FiRa 2.0 to Provide Highly Accurate and Reliable Wireless Ranging Capabilities for Consumer and Industrial IoT Applications

CEVA, Inc. Appoints Amir Panush as Member of the Board

Full year 2023 earnings released: US$0.79 loss per share (vs US$1.00 loss in FY 2022)

CEVA, Inc. to Report Q4, 2023 Results on Feb 14, 2024

Third quarter 2023 earnings released: US$0.12 loss per share (vs US$0.96 loss in 3Q 2022)

CEVA, Inc. to Report Q3, 2023 Results on Nov 08, 2023

CEVA, Inc. Appoints Iri Trashanski as Chief Strategy Officer

Cadence Design Systems, Inc. (NasdaqGS:CDNS) entered into a definitive agreement to acquire Intrinsix Corp. from CEVA, Inc. (NasdaqGS:CEVA) for $31.3 million.

Ceva Bluetooth(R) 5.4 Ip Achieves Sig Qualification, Includes New Features to Address Rapidly Growing Electronic Shelf Label (Esl) Market

CEVA, Inc. Provides Earnings Guidance for the Third Quarter of 2023

Second quarter 2023 earnings released: US$0.25 loss per share (vs US$0.048 loss in 2Q 2022)

CEVA, Inc. to Report Q2, 2023 Results on Aug 09, 2023

CEVA, Inc. Introduces Channel Sounding over Bluetooth® to Enable High-Accuracy Secure Positioning for Automotive, Industrial and the IoT Ecosystem

First quarter 2023 earnings released: US$0.21 loss per share (vs US$0.073 loss in 1Q 2022)

Full year 2022 earnings released: US$1.00 loss per share (vs US$0.017 profit in FY 2021)

CEVA, Inc. to Report Q4, 2022 Results on Feb 15, 2023

CEVA, Inc. Announces Management Changes

Insufficient new directors

CEVA, Inc. Introduces Voice User Interface Solution for TI SimpleLink™ Wi-Fi® Wireless MCUs

Third quarter 2022 earnings released: US$0.96 loss per share (vs US$0.007 loss in 3Q 2021)

CEVA, Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year of 2022

Insufficient new directors

Now 21% undervalued after recent price drop

CEVA, Inc. to Report Q3, 2022 Results on Nov 09, 2022

CEVA, Inc. Accelerates 5G Infrastructure Rollout with Industry's First Baseband Platform IP for 5G RAN ASICs

CEVA, Inc. Announces Resignation of Eliyahu Ayalon as Member of the Board of Directors

Second quarter 2022 earnings released: US$0.048 loss per share (vs US$0.014 profit in 2Q 2021)

CEVA, Inc. to Report Q2, 2022 Results on Aug 10, 2022

Flex Logix Technologies, Inc. and Ceva Announce First Working Silicon of A Dsp with Embedded Fpga to Allow A Flexible/Changeable Isa

CEVA, Inc. Extends Its Rivierawaves UWB IP to Support Digital Key 3.0 Standard for Keyless Access to Vehicles

CEVA, Inc Expands Sensor Fusion Product Line with New Sensor Hub MCU for High Precision Motion Tracking and Orientation Detection

CEVA, Inc. Announces Bluetooth® 5.3 Platform IP Supports New Auracast™ Broadcast Audio, Transforming the Shared Audio Experience

CEVA, Inc. Appoints Current Director Maria Marced to Replace Eliyahu Ayalon on the Audit Committee of the Board

Chief Operating Officer recently sold €76k worth of stock

Ceva, Inc. Provides Earnings Guidance for the Year 2022

First quarter 2022 earnings released: US$0.073 loss per share (vs US$0.16 loss in 1Q 2021)

CEVA, Inc., Annual General Meeting, Jun 02, 2022

CEVA, Inc. to Report Q1, 2022 Results on May 10, 2022

CEVA, Inc. Announces Resignation of Zvi Limon as Member of the Board of Directors

Ceva Extends Wi-Fi Portfolio with Wi-Fi 6/6E IP for the Access Point Market

CEVA Streamlines 5G New Radio Modem Design with PentaG2, the Industry's Most Comprehensive 5G Baseband Platform IP for Mobile Broadband and IoT

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

CEVA, Inc. Provides Earnings Guidance for the First Quarter and Full Year of 2022

CEVA, Inc. Introduces Security IP for Die-To-Die Communication Between Chiplets

CEVA, Inc.'s Bluetooth® Dual Mode 5.3 SIG Qualified Platform Offers Improved Security, Less Interference and Better Power Consumption for Wireless Audio

Ceva, Inc. Announced NeuPro-M, Its Latest Generation Processor Architecture for Artificial Intelligence and Machine Learning

CEVA, Inc. announces enhance the software offerings and tool kits for its highly successful Bluebud wireless audio platform

Insider recently sold €379k worth of stock

CEO & Director recently sold €370k worth of stock

CEVA SensPro Sensor Hub DSP Achieves Automotive Safety Compliant Certification for ASIL B (Random) and ASIL D (Systematic)

Third quarter 2021 earnings released: US$0.007 loss per share (vs US$0.033 loss in 3Q 2020)

Second quarter 2021 earnings released: EPS US$0.014 (vs US$0.05 loss in 2Q 2020)

CEVA, Inc. Announces General Release of its RivieraWaves Bluetooth 5.3 IP

CEVA Expands Its Market-Leading Wireless Connectivity Portfolio with New Ultra-Wideband Platform IP