IDEX Biometrics Management

Management criteria checks 3/4

IDEX Biometrics' CEO is Vince Graziani, appointed in Feb 2020, has a tenure of 4.33 years. total yearly compensation is $558.00K, comprised of 64.5% salary and 35.5% bonuses, including company stock and options. directly owns 0.11% of the company’s shares, worth NOK494.63K. The average tenure of the management team and the board of directors is 3 years and 3.1 years respectively.

Key information

Vince Graziani

Chief executive officer

US$558.0k

Total compensation

CEO salary percentage	64.5%
CEO tenure	4.3yrs
CEO ownership	0.1%
Management average tenure	3yrs
Board average tenure	3.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Vince Graziani's remuneration changed compared to IDEX Biometrics's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	-US$25m
Dec 31 2023	US$558k	US$360k	-US$27m
Sep 30 2023	n/a	n/a	-US$28m
Jun 30 2023	n/a	n/a	-US$30m
Mar 31 2023	n/a	n/a	-US$32m
Dec 31 2022	US$565k	US$400k	-US$33m
Sep 30 2022	n/a	n/a	-US$37m
Jun 30 2022	n/a	n/a	-US$35m
Mar 31 2022	n/a	n/a	-US$33m
Dec 31 2021	US$595k	US$400k	-US$33m
Sep 30 2021	n/a	n/a	-US$29m
Jun 30 2021	n/a	n/a	-US$29m
Mar 31 2021	n/a	n/a	-US$28m
Dec 31 2020	US$455k	US$312k	-US$27m

Compensation vs Market: Vince's total compensation ($USD558.00K) is above average for companies of similar size in the UK market ($USD357.33K).

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

CEO

Vince Graziani (63 yo)

4.3yrs

Tenure

US$558,000

Compensation

Mr. Vincent Arthur Graziani, also known as Vince, had been Chief Executive Officer of Sand 9 Inc. since February 2010 until May 2015 and served as its President. Mr. Graziani serves as Chief Executive Offi...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Vincent Graziani	Chief Executive Officer	4.3yrs	US$558.00k	0.11% $ 494.6k
John Kurtzweil	Chief Financial Officer	less than a year	US$207.25k	no data
Anthony Eaton	Chief Technology Officer	5.3yrs	US$403.00k	0.018% $ 81.4k
Catharina Eklof	Chief Commercial Officer	3yrs	US$602.00k	0.0058% $ 25.6k
Svein Mathiassen	Co-Founder	27.9yrs	no data	no data
Paul Taylor	Vice President of Operations & Program Management	1.4yrs	no data	no data
Marianne Bøe	Head of Investor Relations	no data	no data	no data
Sarah Mathews	Vice President of Human Resources	1.4yrs	no data	no data

3.0yrs

Average Tenure

55yo

Average Age

Experienced Management: 0MTP's management team is considered experienced (3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Stephen Skaggs	Independent Director	5.1yrs	US$57.00k	0.066% $ 291.1k
Morten Opstad	Chair	less than a year	US$48.00k	26.35% $ 116.1m
Adriana Saitta	Director	1.1yrs	no data	no data
Deborah Davis	Independent Director	9.1yrs	US$62.00k	0.037% $ 161.5k
Annika Olsson	Independent Director	3.1yrs	US$40.00k	0.0034% $ 15.1k

3.1yrs

Average Tenure

61yo

Average Age

Experienced Board: 0MTP's board of directors are considered experienced (3.1 years average tenure).

IDEX Biometrics Management

Management criteria checks 3/4

Key information

Recent management updates

IDEX Biometrics ASA Appoints Morten Opstad as Chair

IDEX Biometrics ASA, Annual General Meeting, May 16, 2024

IDEX Biometrics ASA Announces Chief Financial Officer Changes

IDEX Biometrics ASA Approves the Election of Adriana Saitta as Board Member

IDEX Biometrics ASA, Annual General Meeting, May 11, 2023

IDEX Biometrics Announces CFO Transition, Effective August 15, 2022

Recent updates

IDEX Biometrics ASA Appoints Morten Opstad as Chair

IDEX Biometrics ASA has completed a Follow-on Equity Offering in the amount of NOK 55 million.

IDEX Biometrics ASA has filed a Follow-on Equity Offering.

IDEX Biometrics ASA, Annual General Meeting, May 16, 2024

IDEX Biometrics ASA has completed a Follow-on Equity Offering in the amount of NOK 35 million.

IDEX Biometrics ASA announced that it expects to receive NOK 100 million in funding

IDEX Biometrics ASA Announces Chief Financial Officer Changes

IDEX Biometrics Payment Card Solution Fully Certified by Mastercard

IDEX Biometrics Announces Intention to Voluntary Delist of American Depositary Shares from the Nasdaq Capital Market

IDEX Biometrics ASA announced that it expects to receive NOK 150 million in funding

IDEX Biometrics ASA Approves the Election of Adriana Saitta as Board Member

First quarter 2023 earnings released: US$0.01 loss per share (vs US$0.008 loss in 1Q 2022)

IDEX Biometrics Launches a Complete Biometric Payment Card Solution Leveraging Products and Technologies from STMicroelectronics

Full year 2022 earnings released: US$0.03 loss per share (vs US$0.035 loss in FY 2021)

IDEX Biometrics ASA, Annual General Meeting, May 11, 2023

Third quarter 2022 earnings released: US$0.009 loss per share (vs US$0.008 loss in 3Q 2021)

Third quarter 2022 earnings released: US$0.01 loss per share (vs US$0.008 loss in 3Q 2021)

Forecast to breakeven in 2024

IDEX Biometrics ASA Provides Revenue Guidance for the Second Half of 2022

Second quarter 2022 earnings released: US$0.01 loss per share (vs US$0.008 loss in 2Q 2021)

IDEX Biometrics Announces CFO Transition, Effective August 15, 2022

First quarter 2022 earnings released: US$0.01 loss per share (vs US$0.009 loss in 1Q 2021)

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

Forecast to breakeven in 2024

Third quarter 2021 earnings released: US$0.01 loss per share (vs US$0.009 loss in 3Q 2020)

Second quarter 2021 earnings released: US$0.01 loss per share (vs US$0.009 loss in 2Q 2020)

IDEX Biometrics ASA Biometrics Announces Trustedbio Max

No longer forecast to breakeven

First quarter 2021 earnings released: US$0.01 loss per share (vs US$0.009 loss in 1Q 2020)

IDEX Biometrics ASA Provides Revenue Guidance for the Fourth Quarter of 2021

Advisor has left the company

Full year 2020 earnings released: US$0.035 loss per share (vs US$0.054 loss in FY 2019)

IDEX Biometrics Further Strengthens its Supply Chain by Partnering with MFLEX

Chief Executive Officer recently bought kr37m worth of stock

Full year 2020 earnings released: US$0.03 loss per share (vs US$0.055 loss in FY 2019)

Revenue misses expectations

Postal Savings Bank of China Launches Idex's Fingerprint Sensors and Biometric Software Have Been Included in Digital RMB

China UnionPay Awards Second LOA to Biometric Payment Card Featuring IDEX Biometrics’ Fingerprint Sensor & Biometric Technology

IDEX Biometrics ASA Expands Partnership with Global Payment Solutions Provider to Include Joint Marketing and Sales

IDEX Biometrics ASA & Tongxin Microelectronics’ Co., Ltd Collaboration Achieves Second China UnionPay Certification

IDEX Biometrics ASA Expands its Strategic Partnerships by Adding Another Global Payment Network

IDEX Biometrics ASA and Partner Goldpac Group Limited Achieve China Union Pay Certification for Dual Interface Biometric Payment Cards

IDEX Biometrics ASA to Report Q1, 2021 Results on May 13, 2021

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age