Gilat Satellite Networks Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Adi Sfadia

Chief executive officer

US$977.1k

Total compensation

CEO salary percentage	40.1%
CEO tenure	3.8yrs
CEO ownership	n/a
Management average tenure	2.7yrs
Board average tenure	6.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Adi Sfadia's remuneration changed compared to Gilat Satellite Networks's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	US$24m
Sep 30 2023	n/a	n/a	US$14m
Jun 30 2023	n/a	n/a	US$6m
Mar 31 2023	n/a	n/a	US$2m
Dec 31 2022	US$977k	US$391k	-US$6m
Sep 30 2022	n/a	n/a	US$2m
Jun 30 2022	n/a	n/a	US$137k
Mar 31 2022	n/a	n/a	-US$594k
Dec 31 2021	US$1m	US$409k	-US$3m
Sep 30 2021	n/a	n/a	US$57m
Jun 30 2021	n/a	n/a	US$46m
Mar 31 2021	n/a	n/a	US$42m
Dec 31 2020	US$325k	US$219k	US$35m
Sep 30 2020	n/a	n/a	-US$4m
Jun 30 2020	n/a	n/a	US$14m
Mar 31 2020	n/a	n/a	US$22m
Dec 31 2019	US$490k	US$236k	US$37m
Sep 30 2019	n/a	n/a	US$18m
Jun 30 2019	n/a	n/a	US$20m
Mar 31 2019	n/a	n/a	US$19m
Dec 31 2018	US$438k	US$219k	US$18m
Sep 30 2018	n/a	n/a	US$17m
Jun 30 2018	n/a	n/a	US$10m
Mar 31 2018	n/a	n/a	US$10m
Dec 31 2017	US$444k	US$218k	US$7m

Compensation vs Market: Adi's total compensation ($USD977.13K) is about average for companies of similar size in the German market ($USD993.35K).

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

CEO

Adi Sfadia (53 yo)

3.8yrs

Tenure

US$977,127

Compensation

Mr. Adi Sfadia serves as Chief Executive Officer of Gilat Satellite Networks Ltd. since November 2020 and served as its Interim Chief Executive Officer since July 2, 2020 until November 2020. Mr. Sfadia ha...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Adi Sfadia	Chief Executive Officer	3.8yrs	US$977.13k	no data
Hagay Katz	Chief Product & Marketing Officer	2.8yrs	US$512.76k	no data
Ron Levin	Chief Commercial Officer	1.2yrs	US$490.78k	no data
Gil Benyamini	Chief Financial Officer	2.3yrs	no data	no data
Gilad Landsberg	Chief Operations Officer	1.3yrs	no data	no data
Mayrav Sher	Head of Finance & Investor Relations	no data	no data	no data
Doron Kerbel	General Counsel & Company Secretary	1.7yrs	no data	no data
Doreet Oren	Senior Director of Corporate Communications	no data	no data	no data
Yossi Gal	Vice President of Sales Operations & Information Technologies	13.1yrs	no data	no data
Lior Moyal	Chief People Officer	3.8yrs	no data	no data
Arieh Rohrstock	Corporate SVP & GM of Peru	2.7yrs	no data	no data
Robert Huffman	Senior VP & GM of Wavestream	2.7yrs	no data	no data

2.7yrs

Average Tenure

49.5yo

Average Age

Experienced Management: GSA's management team is considered experienced (2.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Dafna Sharir	Independent Director	8yrs	no data	no data
Amiram Boehm	Independent Chairman	11.4yrs	no data	no data
Elyezer Shkedy	Independent External Director	6.9yrs	no data	no data
Amir Ofek	Independent External Director	less than a year	no data	no data
Aylon Rafaeli	Independent Director	8yrs	no data	no data
Amikam Shafran	Independent Director	3.3yrs	no data	no data
Ronit Malach	Independent Director	1.7yrs	no data	no data

6.9yrs

Average Tenure

56yo

Average Age

Experienced Board: GSA's board of directors are considered experienced (6.9 years average tenure).

Gilat Satellite Networks Management

Management criteria checks 4/4

Key information

Recent management updates

Gilat Satellite Networks Ltd., Annual General Meeting, May 02, 2024

Insufficient new directors

Gilat Satellite Networks Ltd. Announces Board Resignations

Gilat Satellite Networks Ltd., Annual General Meeting, Jun 15, 2023

Gilat Satellite Networks Ltd. Announces Board Changes

Gilat Satellite Networks Ltd., Annual General Meeting, Sep 01, 2022

Recent updates

Gilat Satellite Networks Ltd. to Report Q1, 2024 Results on May 08, 2024

Investor sentiment improves as stock rises 18%

Gilat Satellite Networks Ltd., Annual General Meeting, May 02, 2024

Now 21% undervalued after recent price drop

Gilat Satellite Networks Ltd. Provides Earnings Guidance for the Year 2024

Full year 2023 earnings released: EPS: US$0.41 (vs US$0.10 loss in FY 2022)

Gilat Satellite Networks Ltd. to Report Second Half, 2023 Results on Feb 26, 2024

Insufficient new directors

Gilat Satellite Networks Ltd. (NasdaqGS:GILT) completed the acquisition of DataPath, Inc.

Third quarter 2023 earnings released: EPS: US$0.18 (vs US$0.037 in 3Q 2022)

New major risk - Revenue and earnings growth

Gilat Satellite Networks Ltd. to Report Q3, 2023 Results on Nov 07, 2023

Second quarter 2023 earnings released: EPS: US$0.076 (vs US$0.009 in 2Q 2022)

Gilat Satellite Networks Ltd. to Report Q2, 2023 Results on Aug 08, 2023

Gilat Satellite Networks Ltd. Announces Board Resignations

Gilat Satellite Networks Ltd., Annual General Meeting, Jun 15, 2023

Gilat Satellite Networks Ltd. Raises Earnings Guidance for 2023

First quarter 2023 earnings released: EPS: US$0.099 (vs US$0.045 loss in 1Q 2022)

Full year 2022 earnings released: US$0.10 loss per share (vs US$0.054 loss in FY 2021)

Gilat Satellite Networks Ltd. Announces Board Changes

Full year 2022 earnings released: US$0.10 loss per share (vs US$0.054 loss in FY 2021)

Gilat Satellite Networks Ltd. to Report Q4, 2022 Results on Feb 14, 2023

Third quarter 2022 earnings released: EPS: US$0.037 (vs US$0.003 in 3Q 2021)

Gilat Satellite Networks Ltd. Revises Earnings Guidance for the Full Year 2022

Gilat Satellite Networks Ltd. to Report Q3, 2022 Results on Nov 14, 2022

Second quarter 2022 earnings released: EPS: US$0.009 (vs US$0.002 loss in 2Q 2021)

Gilat Satellite Networks Ltd. Reiterates Earnings Guidance for the Year 2022

Gilat Satellite Networks Ltd., Annual General Meeting, Sep 01, 2022

Gilat Satellite Networks Ltd. to Report Q2, 2022 Results on Aug 09, 2022

Gilat Satellite Networks Ltd. Provides Earnings Guidance for the 2022

Gilat Satellite Networks Ltd. to Report Q1, 2022 Results on May 23, 2022

Gilat Satellite Networks Ltd. announced delayed amended 20-F filing

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

Gilat Announces Launches of Skyedge Iv, Next Generation Satcom Ground System, Aiming to Capture A Leading Position of the Multibillion-Dollar Emerging Vhts Market Opportunity

Gilat Satellite Networks Ltd. Extends 4G Cellular Backhaul Recurring Revenue Managed Services Project

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS US$0.003 (vs US$0.21 loss in 3Q 2020)

Second quarter 2021 earnings released: US$0.002 loss per share (vs US$0.076 loss in 2Q 2020)

First quarter 2021 earnings released: US$0.091 loss per share (vs US$0.21 loss in 1Q 2020)

Investor sentiment improved over the past week

Telespazio Selects Gilat Satellite Networks Ltd. to Supply Enterprise Connectivity in Brazil for A Multinational Leading Energy Company

Chairman of the Board Dov Baharav has left the company

Full year 2020 earnings released: EPS US$0.63 (vs US$0.66 in FY 2019)

Gilat Satellite Networks Ltd. Its Fully Owned Subsidiary, Wavestream, Announces In-Flight Connectivity High-Power Transceiver Successfully Tested by Global Eagle Entertainment for Do-160G Certification

Investor sentiment deteriorated over the past week

Gilat Launches Next Generation VSAT Family Supporting 5G Networks and LEO/MEO Constellations

Full year 2020 earnings released: EPS US$0.63 (vs US$0.66 in FY 2019)

Gilat Satellite Networks Ltd. Announces Resignation of Dov Baharav as Chairman of Board of Directors

Gilat Satellite Networks Ltd. Ships Initial Aero Modems Out of A Multi-Million-Dollar Potential in China

CORPAC Awards Gilat Multi-Million-Dollar Contract to Provide Mission Critical Telecom Systems for Peru's Airports

New 90-day high: €11.70

Gilat Satellite Networks Ltd.'s Subsidiary Wavestream Wins Contract with a Potential of over $50 Million to Supply Gateway Solid State Power Amplifiers for Low Earth Orbit Constellation

Gilat Satellite Networks Ltd. to Report Q4, 2020 Results on Feb 16, 2021

New 90-day high: €7.80

Globe Telecom, Inc. Awards Gilat Multi-Million US Dollar Managed Service Contract for Significant Expansion of Cellular Backhaul Project to Gilat Satellite Networks Ltd

New 90-day high: €5.60

Gilat Satellite Networks Ltd. Names Bosmat Halpern as CFO

Hispasat Awards Gilat Satellite Networks Ltd. A Multi-Million Dollar Order for Cellular Backhaul over Satellite to Extend Altan La Red Compartida Service to Rural Mexico

United States Government Awards Gilat Satellite Networks Ltd. Additional Multi-Million-Dollar Contract for Military Communications Program

Gilat Satellite Networks Ltd Names Adi Sfadia as CEO

SES and Gilat Satellite Networks Ltd. Expand Partnership with Multi-Million-Dollar Follow-On Order for High-Speed Modems

Gilat Satellite Networks Ltd. Hires Eyal Zelinger as Its Global Defense Vice President and General Manager, Effective December 01, 2020

Gilat Satellite Networks Chosen by Southern Linc for 4G Cellular Backhaul Services

Comtech Telecommunications Corp. (NasdaqGS:CMTL) cancelled the acquisition of Gilat Satellite Networks Ltd. from IDB Development Corporation Limited and others.

New 90-day low: €4.16

First half earnings released

rStar Corporation agreed to acquire StarBand Latin America (Holland) N.V. for $30.60 million.

First half earnings released

CEO Compensation Analysis