VerifyMe Management

Management criteria checks 1/4

VerifyMe's CEO is Adam Stedham, appointed in Jun 2023, has a tenure of 1.42 years. total yearly compensation is $1.28M, comprised of 12.7% salary and 87.3% bonuses, including company stock and options. directly owns 1.73% of the company’s shares, worth €202.24K. The average tenure of the management team and the board of directors is 1.3 years and 5.7 years respectively.

Key information

Adam Stedham

Chief executive officer

US$1.3m

Total compensation

CEO salary percentage	12.7%
CEO tenure	1.4yrs
CEO ownership	1.7%
Management average tenure	1.3yrs
Board average tenure	5.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Adam Stedham's remuneration changed compared to VerifyMe's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	-US$2m
Mar 31 2024	n/a	n/a	-US$2m
Dec 31 2023	US$1m	US$162k	-US$3m
Sep 30 2023	n/a	n/a	-US$3m
Jun 30 2023	n/a	n/a	-US$3m
Mar 31 2023	n/a	n/a	-US$15m
Dec 31 2022	US$92k	n/a	-US$14m

Compensation vs Market: Adam's total compensation ($USD1.28M) is above average for companies of similar size in the German market ($USD492.37K).

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

CEO

Adam Stedham (55 yo)

1.4yrs

Tenure

US$1,276,377

Compensation

Mr. Adam H. Stedham serves as President of VerifyMe, Inc. since August 1, 2023. He served as Independent Director at VerifyMe, Inc. since April 07, 2022 until June 19, 2023 and serves as its Chief Executiv...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Adam Stedham	President	1.4yrs	US$1.28m	1.73% € 202.2k
Nancy Meyers	Executive VP	1.3yrs	US$343.90k	0.057% € 6.7k
Jack Wang	Senior VP of Technology & Chief Information Officer	1.3yrs	no data	0.25% € 29.1k
Paul Ryan	Executive Vice President of Authentication Segment	1.3yrs	no data	no data

1.3yrs

Average Tenure

53yo

Average Age

Experienced Management: LT1B's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Adam Stedham	President	2.6yrs	US$1.28m	1.73% € 202.2k
Scott Greenberg	Chairman	5yrs	US$213.07k	1.75% € 204.3k
Walter Von Wartburg	Advisory Council	no data	no data	no data
Marshall Geller	Independent Non-Executive Vice Chairman	7.3yrs	US$125.00k	4.4% € 515.2k
Arthur Laffer	Independent Director	5.7yrs	US$125.00k	2.63% € 308.3k
Howard Goldberg	Lead Independent Director	7.3yrs	US$125.00k	2.4% € 281.1k
Valerie Salembier	Advisory Council	no data	no data	no data
Anna Cabral	Advisory Council	no data	no data	no data
Michael Steele	Advisory Council	no data	no data	no data
Bradley Blakeman	Advisory Council	no data	no data	no data
Rochelle Bloom	Advisory Council	no data	no data	no data
Aidan Butler	Advisory Council	no data	no data	no data

5.7yrs

Average Tenure

73yo

Average Age

Experienced Board: LT1B's board of directors are considered experienced (5.7 years average tenure).

VerifyMe Management

Management criteria checks 1/4

Key information

Recent management updates

VerifyMe, Inc. Announces Termination of Curt Kole as Executive Vice President of Precision Logistics, Effective June 30, 2024

VerifyMe, Inc., Annual General Meeting, Jun 04, 2024

VerifyMe, Inc. Announces CFO Changes

Verifyme, Inc. Announces Scott Greenberg Will No Longer Be Executive Chairman

Insufficient new directors

VerifyMe, Inc., Annual General Meeting, Jun 09, 2022

Recent updates

Second quarter 2024 earnings released: US$0.034 loss per share (vs US$0.09 loss in 2Q 2023)

New major risk - Revenue and earnings growth

VerifyMe, Inc. to Report Q2, 2024 Results on Aug 13, 2024

VerifyMe, Inc. Announces Termination of Curt Kole as Executive Vice President of Precision Logistics, Effective June 30, 2024

VerifyMe, Inc. Updates Earnings Guidance for the Fiscal Year 2024

First quarter 2024 earnings released: US$0.055 loss per share (vs US$0.17 loss in 1Q 2023)

New minor risk - Profitability

VerifyMe, Inc. to Report Q1, 2024 Results on May 14, 2024

VerifyMe, Inc., Annual General Meeting, Jun 04, 2024

Full year 2023 earnings released: US$0.35 loss per share (vs US$1.70 loss in FY 2022)

VerifyMe, Inc. to Report Q4, 2023 Results on Mar 21, 2024

VerifyMe, Inc. (NasdaqCM:VRME) announces an Equity Buyback for $0.5 million worth of its shares.

Third quarter 2023 earnings released: US$0.094 loss per share (vs US$0.062 loss in 3Q 2022)

New major risk - Market cap size

VerifyMe, Inc. to Report Q3, 2023 Results on Nov 08, 2023

Second quarter 2023 earnings released: US$0.09 loss per share (vs US$1.53 loss in 2Q 2022)

VerifyMe, Inc. to Report Q2, 2023 Results on Aug 10, 2023

VerifyMe, Inc. Announces CFO Changes

Verifyme, Inc. Announces Scott Greenberg Will No Longer Be Executive Chairman

First quarter 2023 earnings released: US$0.17 loss per share (vs US$0.19 loss in 1Q 2022)

VerifyMe, Inc. to Report Q1, 2023 Results on May 11, 2023

Full year 2022 earnings released: US$1.70 loss per share (vs US$0.51 profit in FY 2021)

Insufficient new directors

Third quarter 2022 earnings released: US$0.062 loss per share (vs US$0.99 profit in 3Q 2021)

Third quarter 2022 earnings released: US$0.062 loss per share (vs US$0.99 profit in 3Q 2021)

VerifyMe, Inc. to Report Q3, 2022 Results on Nov 10, 2022

Second quarter 2022 earnings released: US$1.53 loss per share (vs US$0.18 loss in 2Q 2021)

Investor sentiment improved over the past week

VerifyMe, Inc. (NasdaqCM:VRME) announces an Equity Buyback for $1.5 million worth of its shares.

VerifyMe, Inc. Launches Covert Brand Protection Ink for Direct to Product Continuous Inkjet Printers

First quarter 2022 earnings released: US$0.19 loss per share (vs US$0.18 loss in 1Q 2021)

VerifyMe, Inc. Provides Revenue Guidance for the Second Quarter and Full Year of 2022

Investor sentiment deteriorated over the past week

VerifyMe, Inc., Annual General Meeting, Jun 09, 2022

VerifyMe, Inc. announced that it expects to receive $4.999994 million in funding

VerifyMe, Inc. Announces Management Changes

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

VerifyMe, Inc. Announces Executives Promoted to New Leadership Roles

VerifyMe Announces Passing of Company Founder and Former Chairman Norman Gardner

Third quarter 2021 earnings released: EPS US$0.99 (vs US$0.18 loss in 3Q 2020)

No longer forecast to breakeven

Second quarter 2021 earnings released: US$0.18 loss per share (vs US$1.04 loss in 2Q 2020)

First quarter 2021 earnings released: US$0.18 loss per share (vs US$0.49 loss in 1Q 2020)

Forecast to breakeven in 2022

VerifyMe, Inc. Signs Exclusive Sales Agreement with Syntax for China

VerifyMe, Inc. Appoints David Sandello as Director of Sales & Business Development

VerifyMe, Inc. Receives Initial Purchase Order for PPE Anti-Counterfeit Technology

New 90-day high: €4.61

New 90-day high: €3.39

New 90-day high: €3.33

Third quarter 2020 earnings released: US$0.18 loss per share

New 90-day low: €2.41

VerifyMeand Micro Focus Renew Global Product Software Authentication Service Agreement for 3 Years

VerifyMe to Expand Its Business with Multi-Billion Dollar Global Consumer Products Company

Earnings released

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age