Socket Mobile Management
Management criteria checks 4/4
Socket Mobile's CEO is Kevin Mills, appointed in Mar 2000, has a tenure of 24.08 years. total yearly compensation is $364.00K, comprised of 82.4% salary and 17.6% bonuses, including company stock and options. directly owns 3.25% of the company’s shares, worth €230.79K. The average tenure of the management team and the board of directors is 9.1 years and 4.9 years respectively.
Key information
Kevin Mills
Chief executive officer
US$364.0k
Total compensation
| CEO salary percentage | 82.4% |
| CEO tenure | 24.1yrs |
| CEO ownership | 3.2% |
| Management average tenure | 9.1yrs |
| Board average tenure | 4.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$364k | US$300k | -US$2m |
| Sep 30 2023 | n/a | n/a | -US$2m |
| Jun 30 2023 | n/a | n/a | -US$2m |
| Mar 31 2023 | n/a | n/a | -US$1m |
| Dec 31 2022 | US$465k | US$294k | US$78k |
| Sep 30 2022 | n/a | n/a | US$525k |
| Jun 30 2022 | n/a | n/a | US$2m |
| Mar 31 2022 | n/a | n/a | US$4m |
| Dec 31 2021 | US$480k | US$278k | US$4m |
| Sep 30 2021 | n/a | n/a | US$5m |
| Jun 30 2021 | n/a | n/a | US$315k |
| Mar 31 2021 | n/a | n/a | -US$3m |
| Dec 31 2020 | US$338k | US$236k | -US$3m |
| Sep 30 2020 | n/a | n/a | -US$5m |
| Jun 30 2020 | n/a | n/a | -US$663k |
| Mar 31 2020 | n/a | n/a | US$186k |
| Dec 31 2019 | US$375k | US$278k | US$287k |
| Sep 30 2019 | n/a | n/a | US$63k |
| Jun 30 2019 | n/a | n/a | -US$76k |
| Mar 31 2019 | n/a | n/a | -US$334k |
| Dec 31 2018 | US$277k | US$248k | -US$571k |
| Sep 30 2018 | n/a | n/a | -US$3m |
| Jun 30 2018 | n/a | n/a | -US$3m |
| Mar 31 2018 | n/a | n/a | -US$2m |
| Dec 31 2017 | US$360k | US$242k | -US$1m |
Compensation vs Market: Kevin's total compensation ($USD364.00K) is about average for companies of similar size in the German market ($USD406.99K).
Compensation vs Earnings: Kevin's compensation has been consistent with company performance over the past year.
CEO
Kevin Mills (62 yo)
24.1yrs
Tenure
US$364,000
Compensation
Mr. Kevin J. Mills has been the President and Chief Executive Officer of Socket Mobile, Inc. since March 2000. Mr. Mills served as the Chief Operating Officer of Socket Mobile, Inc. from September 1998 to...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 24.1yrs | US$364.00k | 3.25% $ 230.8k | |
| CFO, VP of Finance & Administration | 4.9yrs | US$280.50k | 1.83% $ 130.1k | |
| Executive VP of Engineering & CTO | 23.5yrs | US$280.50k | 1.58% $ 112.2k | |
| Chief Business Officer | 2.9yrs | US$304.30k | 1.16% $ 82.7k | |
| General Counsel | 9.1yrs | no data | no data |
9.1yrs
Average Tenure
58yo
Average Age
Experienced Management: SNB1's management team is seasoned and experienced (9.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 24.1yrs | US$364.00k | 3.25% $ 230.8k | |
| CFO, VP of Finance & Administration | 4.9yrs | US$280.50k | 1.83% $ 130.1k | |
| Independent Director | less than a year | no data | 0.16% $ 11.3k | |
| Independent Director | 6.8yrs | US$52.40k | 0.13% $ 9.4k | |
| Independent Chairman of the Board | 32.1yrs | US$62.26k | 17.51% $ 1.2m | |
| Independent Director | 1.8yrs | US$40.68k | 0.093% $ 6.6k | |
| Independent Director | 4.5yrs | US$43.99k | 0.17% $ 11.8k |
4.9yrs
Average Tenure
64yo
Average Age
Experienced Board: SNB1's board of directors are considered experienced (4.9 years average tenure).