LogicMark Management
Management criteria checks 2/4
LogicMark's CEO is Chia-Lin Simmons, appointed in Jun 2021, has a tenure of 3.42 years. total yearly compensation is $1.09M, comprised of 46.1% salary and 53.9% bonuses, including company stock and options. directly owns 2.53% of the company’s shares, worth $24.22K. The average tenure of the management team and the board of directors is 3.3 years and 2.7 years respectively.
Key information
Chia-Lin Simmons
Chief executive officer
US$1.1m
Total compensation
| CEO salary percentage | 46.1% |
| CEO tenure | 3.4yrs |
| CEO ownership | 2.5% |
| Management average tenure | 3.3yrs |
| Board average tenure | 2.7yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$16m |
| Jun 30 2024 | n/a | n/a | -US$15m |
| Mar 31 2024 | n/a | n/a | -US$16m |
| Dec 31 2023 | US$1m | US$500k | -US$16m |
| Sep 30 2023 | n/a | n/a | -US$8m |
| Jun 30 2023 | n/a | n/a | -US$9m |
| Mar 31 2023 | n/a | n/a | -US$8m |
| Dec 31 2022 | US$1m | US$475k | -US$7m |
| Sep 30 2022 | n/a | n/a | -US$11m |
| Jun 30 2022 | n/a | n/a | -US$10m |
| Mar 31 2022 | n/a | n/a | -US$10m |
| Dec 31 2021 | US$4m | US$243k | -US$14m |
Compensation vs Market: Chia-Lin's total compensation ($USD1.09M) is above average for companies of similar size in the UK market ($USD356.31K).
Compensation vs Earnings: Chia-Lin's compensation has been consistent with company performance over the past year.
CEO
Chia-Lin Simmons (51 yo)
3.4yrs
Tenure
US$1,085,709
Compensation
Ms. Chia-Lin Simmons has been Chief Executive Officer and Director of LogicMark, Inc. (formerly known as Nxt-ID, Inc.) since June 14, 2021 and also serves as its President. Ms. Simmons was Secretary of Log...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.4yrs | US$1.09m | 2.53% $ 24.2k | |
| CFO, Secretary & Treasurer | 3.3yrs | US$665.84k | 0.83% $ 7.9k | |
| Vice President of Operations | no data | no data | no data | |
| Senior Vice President of Marketing | 2.1yrs | no data | no data |
3.3yrs
Average Tenure
Experienced Management: 0KA8's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.4yrs | US$1.09m | 2.53% $ 24.2k | |
| Independent Chairman of the Board | 2.7yrs | US$115.75k | 0.35% $ 3.4k | |
| Independent Director | 6.3yrs | US$98.84k | 0.38% $ 3.6k | |
| Independent Director | 1.1yrs | US$13.84k | 0.36% $ 3.5k | |
| Independent Director | 2.5yrs | US$96.71k | no data |
2.7yrs
Average Tenure
61yo
Average Age
Experienced Board: 0KA8's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.