Smith Micro Software Management

Management criteria checks 3/4

Smith Micro Software's CEO is William Smith, appointed in Jan 1982, has a tenure of 42.33 years. total yearly compensation is $997.99K, comprised of 46.1% salary and 53.9% bonuses, including company stock and options. directly owns 7.39% of the company’s shares, worth €1.51M. The average tenure of the management team and the board of directors is 2.5 years and 12.8 years respectively.

Key information

William Smith

Chief executive officer

US$998.0k

Total compensation

CEO salary percentage	46.1%
CEO tenure	42.3yrs
CEO ownership	7.4%
Management average tenure	2.5yrs
Board average tenure	12.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has William Smith's remuneration changed compared to Smith Micro Software's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$998k	US$460k	-US$24m
Sep 30 2023	n/a	n/a	-US$26m
Jun 30 2023	n/a	n/a	-US$26m
Mar 31 2023	n/a	n/a	-US$29m
Dec 31 2022	US$1m	US$507k	-US$29m
Sep 30 2022	n/a	n/a	-US$25m
Jun 30 2022	n/a	n/a	-US$38m
Mar 31 2022	n/a	n/a	-US$35m
Dec 31 2021	US$2m	US$500k	-US$31m
Sep 30 2021	n/a	n/a	-US$26m
Jun 30 2021	n/a	n/a	-US$8m
Mar 31 2021	n/a	n/a	-US$1m
Dec 31 2020	US$2m	US$496k	US$4m
Sep 30 2020	n/a	n/a	US$7m
Jun 30 2020	n/a	n/a	US$11m
Mar 31 2020	n/a	n/a	US$13m
Dec 31 2019	US$1m	US$475k	US$11m
Sep 30 2019	n/a	n/a	US$10m
Jun 30 2019	n/a	n/a	US$5m
Mar 31 2019	n/a	n/a	-US$608k
Dec 31 2018	US$900k	US$475k	-US$3m
Sep 30 2018	n/a	n/a	-US$6m
Jun 30 2018	n/a	n/a	-US$7m
Mar 31 2018	n/a	n/a	-US$6m
Dec 31 2017	US$640k	US$475k	-US$7m

Compensation vs Market: William's total compensation ($USD997.99K) is above average for companies of similar size in the German market ($USD396.12K).

Compensation vs Earnings: William's compensation has been consistent with company performance over the past year.

CEO

William Smith (75 yo)

42.3yrs

Tenure

US$997,990

Compensation

Mr. William W. Smith, Jr., co-founded Smith Micro Software Inc. in 1982 and has been its Chairman of the Board, President and Chief Executive Officer since 1982. Mr. Smith served at Rockwell International...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
William Smith	Co-Founder	42.3yrs	US$997.99k	7.39% $ 1.5m
James Kempton	VP, CFO & Treasurer	2.5yrs	US$531.83k	0.53% $ 107.4k
Von Cameron	Chief Revenue Officer	2.1yrs	US$572.28k	0.25% $ 52.1k
David Sperling	VP, CTO & Director of Software Engineering	24.7yrs	US$770.52k	0% $ 0
Kenneth Shebek	VP & Chief Information Officer	9.3yrs	US$398.36k	no data
Jennifer Reinke	General Counsel & Secretary	2.3yrs	no data	no data
Charles Messman	Vice President of Marketing	1.4yrs	US$1.18m	no data
David Blakeney	Senior Vice President of Engineering	no data	US$223.10k	no data

2.5yrs

Average Tenure

56.5yo

Average Age

Experienced Management: SS9's management team is considered experienced (2.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
William Smith	Co-Founder	42.3yrs	US$997.99k	7.39% $ 1.5m
Samuel Gulko	Independent Director	19.6yrs	US$105.25k	0.26% $ 52.8k
Andrew Arno	Independent Director	12.8yrs	US$105.25k	0.50% $ 102.6k
Steven Elfman	Independent Director	9.5yrs	US$132.75k	0.25% $ 50.3k
Thomas Campbell	Independent Director	28.8yrs	US$105.25k	0.15% $ 30.3k
Gregory Szabo	Independent Director	12.8yrs	US$105.25k	0.29% $ 59.7k
Asha Keddy	Independent Director	2.1yrs	US$88.32k	0.095% $ 19.5k
Chetan Sharma	Independent Director	2.1yrs	US$88.32k	0.090% $ 18.4k

12.8yrs

Average Tenure

69.5yo

Average Age

Experienced Board: SS9's board of directors are seasoned and experienced ( 12.8 years average tenure).

Smith Micro Software Management

Management criteria checks 3/4

Key information

Recent management updates

Independent Director recently bought €65k worth of stock

High number of new directors

Smith Micro Software, Inc. Appoints Von Cameron as Chief Revenue Officer

High number of new directors

Smith Micro Software, Inc. Announces Board Appointments

Co-Founder recently sold €522k worth of stock

Recent updates

Smith Micro Software, Inc. to Report Q1, 2024 Results on May 08, 2024

Smith Micro Regains Compliance with Nasdaq Minimum Bid Price Requirement

Smith Micro Software Announces 1-for-8 Reverse Stock Split to Regain Compliance with the Minimum Bid Price Requirement for Continued Listing on The Nasdaq Capital Market

New minor risk - Profitability

Full year 2023 earnings released: US$0.38 loss per share (vs US$0.53 loss in FY 2022)

Forecast breakeven date pushed back to 2026

Smith Micro Announces New SafePath OS™ Solution Expanding its Focus on Family Safety

Jerald Hammann Urges Investor Collaboration at Smith Micro Software

Third quarter 2023 earnings released: US$0.076 loss per share (vs US$0.10 loss in 3Q 2022)

New major risk - Revenue and earnings growth

Smith Micro Software, Inc. Announces New Enhanced Solutions to SafePath(R) Platform for 2024

Smith Micro Software, Inc. to Report Q3, 2023 Results on Nov 08, 2023

New minor risk - Profitability

Second quarter 2023 earnings released: US$0.091 loss per share (vs US$0.15 loss in 2Q 2022)

Smith Micro Software, Inc. to Report Q2, 2023 Results on Aug 09, 2023

First quarter 2023 earnings released: US$0.11 loss per share (vs US$0.13 loss in 1Q 2022)

Smith Micro Software, Inc. to Report Q1, 2023 Results on May 11, 2023

Full year 2022 earnings released: US$0.53 loss per share (vs US$0.61 loss in FY 2021)

Third quarter 2022 earnings released: US$0.13 loss per share (vs US$0.34 loss in 3Q 2021)

Third quarter 2022 earnings released: US$0.13 loss per share (vs US$0.34 loss in 3Q 2021)

Smith Micro Software, Inc. to Report Q3, 2022 Results on Nov 09, 2022

Independent Director recently bought €65k worth of stock

Second quarter 2022 earnings released: US$0.15 loss per share (vs US$0.098 loss in 2Q 2021)

Smith Micro Software, Inc. announced that it has received $15 million in funding

Smith Micro Software, Inc. to Report Q2, 2022 Results on Aug 11, 2022

Smith Micro Software, Inc.(NasdaqCM:SMSI) dropped from Russell 2000 Dynamic Index

High number of new directors

First quarter 2022 earnings released: US$0.13 loss per share (vs US$0.074 loss in 1Q 2021)

Smith Micro Software, Inc. Appoints Von Cameron as Chief Revenue Officer

High number of new directors

Smith Micro Software, Inc. Announces Board Appointments

Smith Micro Software, Inc. Launches A New, Advanced Version of Its Family-Safety Application, Now Powered by Smith Micro’s SafePath 7 Platform

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Smith Micro Software, Inc. to Report Q4, 2021 Results on Mar 10, 2022

Co-Founder recently sold €522k worth of stock

Third quarter 2021 earnings released: US$0.34 loss per share (vs US$0.004 profit in 3Q 2020)

Independent Director recently sold €82k worth of stock

VP, CFO, Treasurer & Secretary Timothy Huffmyer has left the company

Second quarter 2021 earnings released: US$0.098 loss per share (vs US$0.034 profit in 2Q 2020)

Smith Micro Software, Inc.(NasdaqCM:SMSI) dropped from Russell Microcap Growth Index

Independent Director recently sold €63k worth of stock

First quarter 2021 earnings released: US$0.074 loss per share (vs US$0.052 profit in 1Q 2020)

Full year 2020 earnings released: EPS US$0.10 (vs US$0.31 in FY 2019)

Revenue beats expectations

Smith Micro Software, Inc. (NasdaqCM:SMSI) entered into a Membership Interest and Asset Purchase agreement to acquire Location Labs, LLC and Family Safety Mobile Business from Avast Plc (LSE:AVST) for $80 million.

Smith Micro Software, Inc. to Report Q4, 2020 Results on Mar 08, 2021

Smith Micro Software, Inc. Announces First European Launch of ViewSpot Platform

Ooredoo Oman Launches Safe & Sound Mobile App Powered by Smith Micro’s SafePath® Connected Life Platform

Investor sentiment improved over the past week

New 90-day high: €6.30

Investor sentiment improved over the past week

New 90-day high: €5.10

Smith Micro Software, Inc. Announces Sale of Moho 2D Animation Software

New 90-day high: €4.74

VP, CFO recently sold €88k worth of stock

Market bids up stock over the past week

Third quarter 2020 earnings released: EPS US$0.004

Revenue beats expectations

New 90-day high: €3.61

Smith Micro Software, Inc. Announces Safepath® Drive

Third quarter 2020 earnings released: EPS US$0.004

Revenue beats expectations

Smith Micro Unveils SafePath® 7

New 90-day low: €3.04

New 90-day low - €3.10

First half earnings released

New 90-day low - €3.20

Smith Micro Software, Inc. to Report Q2, 2020 Results on Aug 05, 2020

CEO Compensation Analysis