Axon Enterprise Management

Management criteria checks 3/4

Axon Enterprise's CEO is Rick Smith, appointed in Sep 1993, has a tenure of 31.17 years. total yearly compensation is $40.06K, comprised of 77.9% salary and 22.1% bonuses, including company stock and options. directly owns 3.84% of the company’s shares, worth $1.86B. The average tenure of the management team and the board of directors is 2.8 years and 8.1 years respectively.

Key information

Rick Smith

Chief executive officer

US$40.1k

Total compensation

CEO salary percentage	77.9%
CEO tenure	31.2yrs
CEO ownership	3.8%
Management average tenure	2.8yrs
Board average tenure	8.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Rick Smith's remuneration changed compared to Axon Enterprise's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$297m
Jun 30 2024	n/a	n/a	US$291m
Mar 31 2024	n/a	n/a	US$262m
Dec 31 2023	US$40k	US$31k	US$174m
Sep 30 2023	n/a	n/a	US$148m
Jun 30 2023	n/a	n/a	US$99m
Mar 31 2023	n/a	n/a	US$137m
Dec 31 2022	US$33k	US$31k	US$147m
Sep 30 2022	n/a	n/a	US$104m
Jun 30 2022	n/a	n/a	US$141m
Mar 31 2022	n/a	n/a	US$43m
Dec 31 2021	US$33k	US$31k	-US$60m
Sep 30 2021	n/a	n/a	-US$21m
Jun 30 2021	n/a	n/a	-US$70m
Mar 31 2021	n/a	n/a	-US$54m
Dec 31 2020	US$3m	US$25k	-US$2m
Sep 30 2020	n/a	n/a	-US$40m
Jun 30 2020	n/a	n/a	-US$33m
Mar 31 2020	n/a	n/a	-US$1m
Dec 31 2019	US$39k	US$23k	US$882k
Sep 30 2019	n/a	n/a	US$15m
Jun 30 2019	n/a	n/a	US$15m
Mar 31 2019	n/a	n/a	US$23m
Dec 31 2018	US$246m	US$70k	US$29m
Sep 30 2018	n/a	n/a	US$25m
Jun 30 2018	n/a	n/a	US$20m
Mar 31 2018	n/a	n/a	US$14m
Dec 31 2017	US$4m	US$350k	US$5m

Compensation vs Market: Rick's total compensation ($USD40.06K) is below average for companies of similar size in the UK market ($USD5.66M).

Compensation vs Earnings: Rick's compensation has increased by more than 20% in the past year.

CEO

Rick Smith (53 yo)

31.2yrs

Tenure

US$40,058

Compensation

Mr. Patrick W. Smith, also known as Rick, founded Axon Enterprise, Inc. (formerly TASER International) in September 1993 and has been its Chief Executive Officer since 1993. He has been Director at Axon En...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Patrick Smith	Founder	31.2yrs	US$40.06k	3.84% $ 1.9b
Joshua Isner	President	1.4yrs	US$31.49m	0.16% $ 80.0m
Brittany Bagley	COO & CFO	2.2yrs	US$10.30m	0.036% $ 17.7m
Jeffrey Kunins	Chief Product Officer & CTO	1.8yrs	US$11.36m	0.12% $ 58.9m
Ruth Sleeter	Chief Information Officer	no data	no data	no data
Erik Lapinski	Senior Director of Investor Relations	no data	no data	no data
Isaiah Fields	Corporate Secretary & Chief Legal Officer	6.3yrs	no data	no data
Abigail Stock	Executive Vice President of Marketing	1.8yrs	no data	no data
Elizabeth Hart	Executive Vice President of People Operations	5.8yrs	no data	no data
Josh Goldman	Executive Vice President of Operations	2.8yrs	no data	no data
Ran Mokady	Senior VP of Real-Time Operations & Site GM	2.8yrs	no data	no data
Cameron Brooks	Chief Revenue Officer	no data	no data	no data

2.8yrs

Average Tenure

45yo

Average Age

Experienced Management: 0HKE's management team is considered experienced (2.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Patrick Smith	Founder	31.8yrs	US$40.06k	3.84% $ 1.9b
Graham Smith	Independent Director	1.7yrs	US$441.90k	0.00040% $ 194.3k
Matthew McBrady	Non-Executive Director	8.1yrs	US$261.09k	0.0042% $ 2.1m
Michael Garnreiter	Independent Chairman of the Board	18.4yrs	US$317.74k	0.032% $ 15.6m
Hadi Partovi	Independent Director	14.4yrs	US$263.59k	0.54% $ 262.6m
Adriane Brown	Independent Director	4.5yrs	US$263.59k	0.0069% $ 3.3m
Arnette Heintze	Member of Senior Executive Advisory Board	no data	no data	no data
Terry Hillard	Member of The Senior Executive Advisory Board	no data	no data	no data
James Feigley	Member of Senior Executive Advisory Board	no data	no data	no data
Carroll Childers	Member of Senior Executive Advisory Board	no data	no data	no data
Don Cahill	Member of Senior Executive Advisory Board	no data	no data	no data
Julie Cullivan	Independent Director	7.3yrs	US$262.59k	0.0039% $ 1.9m

8.1yrs

Average Tenure

64yo

Average Age

Experienced Board: 0HKE's board of directors are considered experienced (8.1 years average tenure).

Axon Enterprise Management

Management criteria checks 3/4

Key information

Recent management updates

Chief Product Officer & CTO recently sold US$26m worth of stock

President recently sold US$2.1m worth of stock

President recently sold US$14m worth of stock

Axon Enterprise, Inc., Annual General Meeting, May 10, 2024

Axon Enterprise, Inc. Announces Executive Changes

Independent Director recently bought US$4.8m worth of stock

Recent updates

Chief Product Officer & CTO recently sold US$26m worth of stock

New minor risk - Earnings quality

Axon Enterprise, Inc. Provides Revenue Guidance for the Fourth Quarter of 2024

New minor risk - Share price stability

Third quarter 2024 earnings released: EPS: US$0.89 (vs US$0.79 in 3Q 2023)

Now 22% overvalued after recent price rise

Axon Enterprise, Inc. to Report Q3, 2024 Results on Nov 07, 2024

Now 20% overvalued after recent price rise

Axon Enterprise, Inc. (NasdaqGS : AXON) completed the acquisition of remaining 80% stake in Dedrone Holdings, Inc.

President recently sold US$2.1m worth of stock

New minor risk - Share price stability

New minor risk - Earnings quality

Second quarter 2024 earnings released: EPS: US$0.54 (vs US$0.17 in 2Q 2023)

Axon Enterprise, Inc. Raises Earnings Guidance for the Year 2024

Axon Enterprise, Inc. to Report Q2, 2024 Results on Aug 06, 2024

President recently sold US$14m worth of stock

Axon Enterprise, Inc. has filed a Follow-on Equity Offering.

New minor risk - Earnings quality

Axon Enterprise, Inc. (NasdaqGS : AXON) agreed to acquire Dedrone.

First quarter 2024 earnings released: EPS: US$1.77 (vs US$0.62 in 1Q 2023)

Axon Introduces Draft One

Axon Enterprise, Inc. to Report Q1, 2024 Results on May 06, 2024

Axon Enterprise, Inc., Annual General Meeting, May 10, 2024

New minor risk - Earnings quality

Axon Enterprise, Inc. Provides Earnings Guidance for the Full Year 2024

Full year 2023 earnings released: EPS: US$2.35 (vs US$2.07 in FY 2022)

Axon Enterprise, Inc. to Report Q4, 2023 Results on Feb 27, 2024

Axon Enterprise, Inc. (NasdaqGS:AXON) acquired the remaining stake in Fusus, Inc.

Axon Enterprise, Inc. Launches Axon Body Workforce, New Body Camera to Protect Frontline Workers

Now 20% undervalued

Axon Enterprise, Inc. Provides Earnings Guidance for the Fourth Quarter 2023

Third quarter 2023 earnings released: EPS: US$0.79 (vs US$0.17 in 3Q 2022)

Axon Enterprise, Inc. to Report Q3, 2023 Results on Nov 07, 2023

New minor risk - Profit margin trend

Second quarter 2023 earnings released: EPS: US$0.17 (vs US$0.72 in 2Q 2022)

Axon Enterprise, Inc. Revises Financial Guidance for the Year 2023

Axon Enterprise, Inc. to Report Q2, 2023 Results on Aug 08, 2023

Axon Enterprise, Inc. Announces Executive Changes

Independent Director recently bought US$4.8m worth of stock

Axon Enterprise, Inc.(NasdaqGS:AXON) dropped from Russell 1000 Value Index

Insufficient new directors

Independent Director recently bought US$1.9m worth of stock

Independent Director recently bought US$2.0m worth of stock

First quarter 2023 earnings released: EPS: US$0.62 (vs US$0.77 in 1Q 2022)

Axon Enterprise, Inc. Revises Revenue Guidance for the Year 2023

Open MIC Files an Exempt Solicitation Statement and Urge Support for its Proposal

Axon Enterprise, Inc.(NasdaqGS:AXON) dropped from S&P 400 Industrials (Sector)

Independent Director recently sold US$783k worth of stock

Full year 2022 earnings released: EPS: US$2.07 (vs US$0.91 loss in FY 2021)

Axon Enterprise, Inc. to Report Q4, 2022 Results on Feb 28, 2023

Axon Enterprise, Inc. Unveils TASER 10

Axon Cloud Upgraded to Highest Level of Security Status by US General Services Administration

Axon Enterprise, Inc. Announces Management Changes

Independent Director recently sold US$311k worth of stock

Third quarter 2022 earnings released: EPS: US$0.17 (vs US$0.73 in 3Q 2021)

Axon Enterprise, Inc. Provides Earnings Guidance for the Fourth Quarter of 2022

Axon Enterprise, Inc. to Report Q3, 2022 Results on Nov 08, 2022

Axon Enterprise, Inc. Appoints Andrea James as Chief Communications Officer

Interim CFO & Corporate Controller recently sold US$234k worth of stock

Investor sentiment improved over the past week

Axon Appoints Brittany Bagley as Chief Business Officer, Effective September 26, 2022

Second quarter 2022 earnings released: EPS: US$0.72 (vs US$0.72 loss in 2Q 2021)

Axon Enterprise, Inc. Raises Earnings Guidance for the Year 2022

Axon Enterprise, Inc. to Report Q2, 2022 Results on Aug 09, 2022

Axon Appoints Isaiah Fields as Chief Legal Officer

Independent Director recently sold US$325k worth of stock

Axon Enterprise, Inc. Appoints Josh Isner as Chief Operating Officer

Axon Enterprise, Inc. Promotes Joshua Isner to the Role of Chief Operating Officer

Axon Announces Availability of VR Simulator Training for Public Safety to Increase De-Escalation Training