PowerFleet Management

Management criteria checks 0/4

PowerFleet's CEO is Steve Towe, appointed in Jan 2022, has a tenure of 2.75 years. total yearly compensation is $3.03M, comprised of 14% salary and 86% bonuses, including company stock and options. directly owns 0.5% of the company’s shares, worth €3.41M. The average tenure of the management team and the board of directors is 1.1 years and 2.8 years respectively.

Key information

Steve Towe

Chief executive officer

US$3.0m

Total compensation

CEO salary percentage14.0%
CEO tenure2.8yrs
CEO ownership0.5%
Management average tenure1.1yrs
Board average tenure2.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Steve Towe's remuneration changed compared to PowerFleet's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

-US$95m

Mar 31 2024n/an/a

-US$79m

Dec 31 2023US$3mUS$425k

-US$17m

Sep 30 2023n/an/a

-US$9m

Jun 30 2023n/an/a

-US$7m

Mar 31 2023n/an/a

-US$4m

Dec 31 2022US$3mUS$425k

-US$17m

Compensation vs Market: Steve's total compensation ($USD3.03M) is above average for companies of similar size in the German market ($USD1.39M).

Compensation vs Earnings: Steve's compensation has increased whilst the company is unprofitable.


CEO

Steve Towe (52 yo)

2.8yrs

Tenure

US$3,034,292

Compensation

Mr. Steve Towe serves as Chief Executive Officer and Director of PowerFleet, Inc. since January 05, 2022. Mr. Towe joined the PowerFleet, Inc. in January 2022. Mr. Towe also serves on the board of director...


Leadership Team

NamePositionTenureCompensationOwnership
Steve Towe
CEO & Director2.8yrsUS$3.03m0.50%
$ 3.4m
David Wilson
CFO & Corporate Secretary1.8yrsUS$1.24m0.038%
$ 261.0k
James Zeitunian
Chief Technology Officer2.7yrsUS$313.13k0.025%
$ 171.4k
Offer Lehmann
Chief Operating Officer1.9yrsno data0.024%
$ 165.1k
Melissa Ingram
Chief Corporate Development Officerless than a yearno data0.033%
$ 224.7k
Jonathan Bates
Chief Product Officerless than a yearno data0%
$ 0
Catherine Lewis
Chief Customer Officerless than a yearno data0.25%
$ 1.7m
Charles W. Tasker
Chief Revenue Officerless than a yearno data0.81%
$ 5.5m

1.1yrs

Average Tenure

51.5yo

Average Age

Experienced Management: 3LO's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Steve Towe
CEO & Director2.8yrsUS$3.03m0.50%
$ 3.4m
Michael McConnell
Independent Non-Executive Directorless than a yearno data0.014%
$ 93.0k
Andrew Martin
Independent Directorless than a yearno data0.017%
$ 115.3k
Michael Brodsky
Independent Chairman of the Board10.3yrsUS$162.57k0.21%
$ 1.4m
Ian Jacobs
Independent Non-Executive Director8.3yrsno data3.34%
$ 22.7m

2.8yrs

Average Tenure

52yo

Average Age

Experienced Board: 3LO's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.