Vuzix Management
Management criteria checks 3/4
Vuzix's CEO is Paul Travers, appointed in Jan 1997, has a tenure of 27.83 years. total yearly compensation is $703.12K, comprised of 81.8% salary and 18.2% bonuses, including company stock and options. directly owns 3.88% of the company’s shares, worth €5.33M. The average tenure of the management team and the board of directors is 6.3 years and 7.4 years respectively.
Key information
Paul Travers
Chief executive officer
US$703.1k
Total compensation
| CEO salary percentage | 81.8% |
| CEO tenure | 27.8yrs |
| CEO ownership | 3.9% |
| Management average tenure | 6.3yrs |
| Board average tenure | 7.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$80m |
| Jun 30 2024 | n/a | n/a | -US$82m |
| Mar 31 2024 | n/a | n/a | -US$50m |
| Dec 31 2023 | US$703k | US$575k | -US$50m |
| Sep 30 2023 | n/a | n/a | -US$41m |
| Jun 30 2023 | n/a | n/a | -US$40m |
| Mar 31 2023 | n/a | n/a | -US$40m |
| Dec 31 2022 | US$713k | US$575k | -US$41m |
| Sep 30 2022 | n/a | n/a | -US$41m |
| Jun 30 2022 | n/a | n/a | -US$43m |
| Mar 31 2022 | n/a | n/a | -US$42m |
| Dec 31 2021 | US$43m | US$575k | -US$40m |
| Sep 30 2021 | n/a | n/a | -US$33m |
| Jun 30 2021 | n/a | n/a | -US$28m |
| Mar 31 2021 | n/a | n/a | -US$23m |
| Dec 31 2020 | US$872k | US$587k | -US$20m |
| Sep 30 2020 | n/a | n/a | -US$26m |
| Jun 30 2020 | n/a | n/a | -US$27m |
| Mar 31 2020 | n/a | n/a | -US$27m |
| Dec 31 2019 | US$518k | US$500k | -US$28m |
| Sep 30 2019 | n/a | n/a | -US$24m |
| Jun 30 2019 | n/a | n/a | -US$24m |
| Mar 31 2019 | n/a | n/a | -US$25m |
| Dec 31 2018 | US$731k | US$500k | -US$24m |
| Sep 30 2018 | n/a | n/a | -US$24m |
| Jun 30 2018 | n/a | n/a | -US$25m |
| Mar 31 2018 | n/a | n/a | -US$23m |
| Dec 31 2017 | US$491k | US$475k | -US$21m |
Compensation vs Market: Paul's total compensation ($USD703.12K) is above average for companies of similar size in the German market ($USD474.54K).
Compensation vs Earnings: Paul's compensation has been consistent with company performance over the past year.
CEO
Paul Travers (63 yo)
27.8yrs
Tenure
US$703,118
Compensation
Mr. Paul J. Travers and has been President and Chief Executive Officer of Vuzix Corporation since 1997. Mr. Travers is responsible for setting the direction of Vuzix. He is the Founder of Vuzix Corporation...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 27.8yrs | US$703.12k | 3.88% € 5.3m | |
| CFO, Executive VP | 24.6yrs | US$551.71k | 1.58% € 2.2m | |
| Chief Operating Officer | 2.8yrs | US$523.34k | 0.25% € 340.2k | |
| Director of Investor Relations | no data | no data | no data | |
| General Counsel & Corporate Secretary | 2.7yrs | no data | no data | |
| Vice President of Corporate Communications | no data | no data | no data | |
| Head of Developer Relations Activities | 9.3yrs | no data | no data | |
| Managing Director of Integrated Solutions Business Unit | 3.3yrs | no data | no data | |
| Senior Application Engineer | no data | no data | no data |
6.3yrs
Average Tenure
Experienced Management: V7XN's management team is seasoned and experienced (6.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CFO, Executive VP | 15.6yrs | US$551.71k | 1.58% € 2.2m | |
| Independent Director | 7.4yrs | US$180.00k | 0.40% € 552.2k | |
| Lead Independent Director | 8.6yrs | US$187.00k | 0.38% € 517.4k | |
| Independent Director | less than a year | no data | 0.12% € 169.4k | |
| Chairman | less than a year | no data | no data |
7.4yrs
Average Tenure
68yo
Average Age
Experienced Board: V7XN's board of directors are considered experienced (7.4 years average tenure).