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TESSCO Technologies Management

Management criteria checks 2/4

TESSCO Technologies' CEO is Sandip Mukerjee, appointed in Aug 2019, he has a tenure of 3.92 years. His total yearly compensation is $896.22K , comprised of 61.4% salary and 38.6% bonuses, including company stock and options. He directly owns 0.19% of the company’s shares, worth €142.33K. The average tenure of the management team and the board of directors is 3.9 years and 2.6 years respectively.

Key information

Sandip Mukerjee

Chief executive officer

US$896.2k

Total compensation

CEO salary percentage	61.4%
CEO tenure	3.9yrs
CEO ownership	0.2%
Management average tenure	3.9yrs
Board average tenure	2.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Sandip Mukerjee's remuneration changed compared to TESSCO Technologies's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 26 2023	US$896k	US$550k	-US$4m
Dec 25 2022	n/a	n/a	US$252k
Sep 25 2022	n/a	n/a	US$829k
Jun 26 2022	n/a	n/a	-US$2m
Mar 27 2022	US$1m	US$550k	-US$3m
Dec 26 2021	n/a	n/a	-US$3m
Sep 26 2021	n/a	n/a	-US$10m
Jun 27 2021	n/a	n/a	-US$12m
Mar 28 2021	US$892k	US$550k	-US$14m
Dec 27 2020	n/a	n/a	-US$21m
Sep 27 2020	n/a	n/a	-US$18m
Jun 28 2020	n/a	n/a	-US$18m
Mar 29 2020	US$2m	US$334k	-US$16m

Compensation vs Market: Sandip's total compensation ($USD896.22K) is above average for companies of similar size in the German market ($USD457.79K).

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

CEO

Sandip Mukerjee (60 yo)

3.9yrs

Tenure

US$896,220

Compensation

Mr. Sandip Mukerjee serves as President, Chief Executive Officer and Director of TESSCO Technologies Incorporated since August 20, 2019. He Joined TESSCO Technologies Incorporated since August 20, 2019. Mr...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Sandip Mukerjee	President	3.9yrs	US$896.22k	0.19% € 142.3k
Aric Spitulnik	CFO, Principal Accounting Officer	10.7yrs	US$445.72k	0.40% € 305.1k
Thad Lowe	Senior VP	no data	US$426.59k	0.095% € 72.0k
Tammy Ridgley	Senior Vice President of Customer Success	1.3yrs	US$391.89k	0.16% € 120.8k
Jesse Hillman	Chief Information Officer	2.3yrs	no data	no data
Thomas Perez	Controller	9.8yrs	no data	no data
Cynthia King	VP & Treasurer	no data	no data	no data

3.9yrs

Average Tenure

52yo

Average Age

Experienced Management: TT5's management team is considered experienced (3.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Sandip Mukerjee	President	3.9yrs	US$896.22k	0.19% € 142.3k
J. Bryan	Independent Chairman of the Board	2.6yrs	US$112.70k	0.35% € 266.7k
Vernon Irvin	Independent Director	2yrs	US$100.80k	0.25% € 189.6k
Steven Campbell	Independent Director	2yrs	US$104.20k	0.25% € 187.3k
Kathleen McLean	Independent Director	2.6yrs	US$106.70k	0.29% € 216.1k
Stephanie Dismore	Independent Director	3yrs	US$107.70k	0.36% € 271.1k
Matthew Brewer	Independent Director	1.2yrs	US$74.37k	0.071% € 53.2k

2.6yrs

Average Tenure

61yo

Average Age

Experienced Board: TT5's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.

This company listing is no longer active

TESSCO Technologies Management

Management criteria checks 2/4

Key information

Recent management updates

TESSCO Technologies Incorporated Announces Board Changes

Insider recently sold €479k worth of stock

Insider recently sold €292k worth of stock

High number of new and inexperienced directors

TESSCO Technologies Incorporated, Annual General Meeting, Jul 28, 2022

TESSCO Technologies Incorporated Appoints Matthew W. Brewer to its Board

Recent updates

TESSCO Technologies Incorporated Announces Board Changes

TESSCO Technologies Incorporated to Delist from Nasdaq Stock Exchange

Insider recently sold €479k worth of stock

Insider recently sold €292k worth of stock

Third quarter 2023 earnings released: EPS: US$0.046 (vs US$0.14 in 3Q 2022)

TESSCO Technologies Incorporated Reaffirms Earnings Guidance for the Full Year Fiscal 2023

TESSCO Technologies Incorporated Provides Preliminary Earnings Guidance for the Third Quarter and Year to Date Ended December 25, 2022; Reaffirms Earnings Guidance for the Fiscal Year 2023

High number of new and inexperienced directors

TESSCO Technologies Incorporated Provides Earnings Guidance for the Fiscal Year 2023

Second quarter 2023 earnings released: EPS: US$0.13 (vs US$0.14 loss in 2Q 2022)

TESSCO Technologies Incorporated to Report Q2, 2023 Results on Oct 27, 2022

TESSCO Technologies Incorporated Provides Earnings Outlook for the Full-Year Fiscal 2023

First quarter 2023 earnings released: US$0.057 loss per share (vs US$0.25 loss in 1Q 2022)

TESSCO Technologies Incorporated to Report Q1, 2023 Results on Jul 26, 2022

TESSCO Technologies Incorporated, Annual General Meeting, Jul 28, 2022

TESSCO Technologies Incorporated Appoints Matthew W. Brewer to its Board

Full year 2022 earnings released: US$0.37 loss per share (vs US$1.65 loss in FY 2021)

TESSCO Technologies Incorporated Provides Earnings Guidance for the Fiscal Year 2023

High number of new and inexperienced directors

TESSCO Technologies Incorporated Announces Douglas Rein Retirement Transition

Lakeview Delivered Letter to TESSCO

Third quarter 2022 earnings: EPS in line with expectations, revenues disappoint

TESSCO Technologies Incorporated Revises Earnings Guidance for the Full Year of 2022

Tessco Provides Update to SaaS Platform that Supports Device Monitoring and Management

Lakeview Investment Group & Trading Company, LLC made a proposal to acquire remaining 85.1% stake in TESSCO Technologies Incorporated (NasdaqGS:TESS) for $58 million.

Chairman of the Board Paul Gaffney has left the company

Lakeview Investment Group Issues Statement on Annual Meeting Results of TESSCO Technologies

First quarter 2022 earnings released: US$0.25 loss per share (vs US$0.54 loss in 1Q 2021)

Robert B. Barnhill, Jr. Engages in Discussion with TESSCO Technologies Incorporated Shareholders

Lakeview Investment Issues Letter to TESSCO Technologies

Full year 2021 earnings released: US$1.65 loss per share (vs US$1.83 loss in FY 2020)

Senior Vice President of Commercial Sales Eddie Franklin has left the company

Full year 2021 earnings released: US$1.75 loss per share (vs US$2.53 loss in FY 2020)

TESSCO Technologies Incorporated Provides Earnings Guidance for the Fiscal Year 2022

Senior VP & Chief Information Officer has left the company

TESSCO Technologies Incorporated Announces Resignation of Joseph M. Cawley, Jr. as Senior Vice President Chief Information Officer

New 90-day high: €7.54

Third quarter 2021 earnings released: US$0.66 loss per share (vs US$0.59 loss in 3Q 2020)

Revenue misses expectations

TESSCO Technologies Incorporated Announces Not Stand for Re-Election of Jay G. Baitler to the Board of Directors

New 90-day high: €6.46

Ventev Gets Patent for Innovative Outdoor Wireless Bollard

TESSCO Technologies Incorporated to Report Q3, 2021 Results on Feb 01, 2021

TESSCO Technologies Incorporated Announces Board Appointments

TESSCO Technologies Incorporated Announces Board Changes

New 90-day low: €4.35

Voice Comm L.L.C. completed the acquisition of Retail Business from TESSCO Technologies Incorporated (NasdaqGS:TESS).

Second quarter 2021 earnings released: US$0.031 loss per share

Revenue misses expectations

TESSCO Technologies Incorporated Announces Board Changes

Second-quarter earnings released: Revenue misses expectations

First half earnings released

Voice Comm L.L.C. entered into a definitive agreement to acquire Retail Business from TESSCO Technologies Incorporated (NasdaqGS:TESS).

TESSCO Technologies Incorporated to Report Q2, 2021 Results on Oct 28, 2020

TESSCO Technologies Incorporated(NasdaqGS:TESS) dropped from S&P Global BMI Index

New 90-day high - €5.64

First quarter earnings released

TESSCO Technologies Incorporated to Report Q1, 2021 Results on Jul 27, 2020

TESSCO Technologies Incorporated(NasdaqGS:TESS) dropped from Russell 2000 Defensive Index

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure