Turtle Beach Management

Management criteria checks 3/4

Turtle Beach's CEO is Cris Keirn, appointed in Jul 2023, has a tenure of 1.33 years. total yearly compensation is $1.21M, comprised of 32.1% salary and 67.9% bonuses, including company stock and options. directly owns 0.16% of the company’s shares, worth $493.65K. The average tenure of the management team and the board of directors is 4.8 years and 1.9 years respectively.

Key information

Cris Keirn

Chief executive officer

US$1.2m

Total compensation

CEO salary percentage	32.1%
CEO tenure	1.3yrs
CEO ownership	0.2%
Management average tenure	4.8yrs
Board average tenure	1.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Cris Keirn's remuneration changed compared to Turtle Beach's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$5m
Jun 30 2024	n/a	n/a	-US$2m
Mar 31 2024	n/a	n/a	-US$11m
Dec 31 2023	US$1m	US$390k	-US$18m
Sep 30 2023	n/a	n/a	-US$49m
Jun 30 2023	n/a	n/a	-US$58m
Mar 31 2023	n/a	n/a	-US$60m
Dec 31 2022	n/a	n/a	-US$60m
Sep 30 2022	n/a	n/a	-US$32m
Jun 30 2022	n/a	n/a	-US$17m
Mar 31 2022	n/a	n/a	US$2m
Dec 31 2021	n/a	n/a	US$18m
Sep 30 2021	n/a	n/a	US$29m
Jun 30 2021	n/a	n/a	US$45m
Mar 31 2021	n/a	n/a	US$51m
Dec 31 2020	n/a	n/a	US$39m
Sep 30 2020	n/a	n/a	US$43m
Jun 30 2020	n/a	n/a	US$22m
Mar 31 2020	n/a	n/a	US$11m
Dec 31 2019	n/a	n/a	US$18m
Sep 30 2019	n/a	n/a	US$22m
Jun 30 2019	n/a	n/a	US$40m
Mar 31 2019	n/a	n/a	US$40m
Dec 31 2018	n/a	n/a	US$39m
Sep 30 2018	n/a	n/a	US$29m
Jun 30 2018	n/a	n/a	US$13m
Mar 31 2018	n/a	n/a	US$9m
Dec 31 2017	US$455k	US$275k	-US$3m

Compensation vs Market: Cris's total compensation ($USD1.21M) is about average for companies of similar size in the UK market ($USD988.12K).

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

CEO

Cris Keirn (53 yo)

1.3yrs

Tenure

US$1,213,482

Compensation

Mr. Cristopher Keirn also known as Cris, serves as Chief Executive Officer at Turtle Beach Corporation since March 13, 2024 and serves as its Director since March 13, 2024 and served as its Interim CEO &...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Cristopher Keirn	CEO & Director	1.3yrs	US$1.21m	0.16% $ 493.7k
John Hanson	CFO, Treasurer & Secretary	11.2yrs	US$1.13m	0.34% $ 1.0m
Jose Rosado	Senior Vice President of Global Operations	7.5yrs	no data	no data
Joe Stachula	CTO & Senior VP of Product Development	6.8yrs	no data	no data
Megan Wynne	General Counsel	7.7yrs	no data	no data
MacLean Marshall	Senior Director of PR & Communications	no data	no data	no data
Ryan Dell	Senior Vice President of Global Marketing	4.8yrs	no data	no data
Drew Johnson	Senior Vice President of Global Sales	less than a year	no data	no data
Matt Seymour	Senior Vice President of Product Management	4.8yrs	no data	no data
Tom Roberts	Chief Strategy Officer	less than a year	no data	no data

4.8yrs

Average Tenure

Experienced Management: 0ZNF's management team is considered experienced (4.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Cristopher Keirn	CEO & Director	less than a year	US$1.21m	0.16% $ 493.7k
Andrew Wolfe	Independent Director	12.8yrs	US$165.72k	0.44% $ 1.3m
Lloyd Ballard	Independent Director	7.6yrs	US$163.20k	0.21% $ 645.1k
Katherine Scherping	Independent Director	2.5yrs	US$170.91k	0.11% $ 345.4k
Terry Jimenez	Independent Non-Executive Chairman	2.1yrs	US$188.87k	0.25% $ 756.1k
David Muscatel	Director	less than a year	no data	no data
Julia Sze	Independent Director	1.9yrs	US$158.10k	0.13% $ 384.7k
William Wyatt	Independent Director	1.5yrs	US$129.76k	0.39% $ 1.2m
Elizabeth Bush	Independent Director	less than a year	no data	0.024% $ 72.7k

1.9yrs

Average Tenure

57yo

Average Age

Experienced Board: 0ZNF's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.

Turtle Beach Management

Management criteria checks 3/4

Key information

Recent management updates

Independent Director recently bought US$294k worth of stock

Turtle Beach Corporation Announces Retirement of John Hanson as Chief Financial Officer

Turtle Beach Corporation Appoints Libby Bush to its Board of Directors

Independent Director recently sold US$83k worth of stock

Turtle Beach Corporation, Annual General Meeting, Jun 11, 2024

High number of new directors

Recent updates

New major risk - Financial position

Turtle Beach Corporation to Report Q3, 2024 Results on Nov 07, 2024

Turtle Beach Corporation Brings its Gaming Accessories to More Gamers in Key International Markets, Including Canada and Latin America

Independent Director recently bought US$294k worth of stock

Turtle Beach Corporation Maintains Earnings Guidance for the Full Year Ending December 31, 2024

Second quarter 2024 earnings released: US$0.35 loss per share (vs US$0.93 loss in 2Q 2023)

Turtle Beach Corporation Announces Retirement of John Hanson as Chief Financial Officer

Turtle Beach Corporation to Report Q2, 2024 Results on Aug 08, 2024

Turtle Beach Corporation Appoints Libby Bush to its Board of Directors

Independent Director recently sold US$83k worth of stock

Turtle Beach Corporation and Performance Designed Products LLC Announces Two Highly-Anticipated Additions to its Victrix Pro FS Arcade Fight Stickline

Turtle Beach Corporation and Performance Designed Products LLC Releases the Victrix®? Gambit™? Prime Wired Tournament Controller for Xbox Series X|S, Xbox One, and PC

First quarter 2024 earnings released: EPS: US$0.008 (vs US$0.40 loss in 1Q 2023)

Turtle Beach Corporation Provides Revenue Guidance for the Year 2024

Turtle Beach Corporation, Annual General Meeting, Jun 11, 2024

Turtle Beach Corporation to Report Q1, 2024 Results on May 07, 2024

Turtle Beach Corporation Unveils New Gaming Headsets, Keyboards, & Mice Launching May 19, 2024

Turtle Beach Corporation (NasdaqGM:HEAR) acquired Performance Designed Products, LLC from Diversis Capital Management, L.P. for approximately $120 million.

Turtle Beach Corporation (NasdaqGM:HEAR) acquired Performance Designed Products, LLC from Diversis Capital Management, L.P. for approximately $120 million.

Turtle Beach Corporation to Report Q4, 2023 Results on Mar 13, 2024

Turtle Beach Corporation Announces Availability of Turtle Beach VelocityOne Flightdeckis

Turtle Beach Corporation Announces Latest addition to the brand’s esteemed line of gaming simulation gear with the Turtle Beach® VelocityOne™ Race

Turtle Beach Corporation's Groundbreaking & Critically Acclaimed Designed for Xbox Stealth Ultra Wireless Controller Launches Globally

Turtle Beach Corporation Unveils Its VelocityOne Flightdeck

Turtle Beach Corporation unveils Eagerly Anticipated First-Wireless Controller for Xbox and PC, the Designed for Xbox Turtle Beach Stealth Ultra Wireless Smart Game Controller

Turtle Beach Corporation Reiterates Earnings Guidance for the Fiscal Year 2023

Third quarter 2023 earnings released: US$0.21 loss per share (vs US$0.73 loss in 3Q 2022)

Turtle Beach & Gaming's International Superstar - Dr Disrespect - Unleash the Stealth 700 Gen 2 Max Dr Disrespect Limited Edition Wireless Gaming Headset

Turtle Beach Corporation to Report Q3, 2023 Results on Nov 07, 2023

Turtle Beach Corporation's Distinctive Two-Piece Atom Controller is Now Available for Gamers on iPhone

Turtle Beach Corporation Announces Three New Colorways - Red, Nebula, and Pixel Green

High number of new directors

Turtle Beach Corporation Reveals New Colorways for the Designed for Xbox React-R Controller

Turtle Beach Corporation's Innovative & Hyper-Portable Atom Controller Is Coming to Iphone Users Next Month

Second quarter 2023 earnings released: US$0.93 loss per share (vs US$1.08 loss in 2Q 2022)

Turtle Beach Corporation to Report Q2, 2023 Results on Aug 07, 2023

Turtle Beach Corporation(NasdaqGM:HEAR) dropped from Russell 2000 Growth Index

Turtle Beach Corporation Announces Board Changes

Turtle Beach Corporation Announces Chief Executive Officer Changes

Turtle Beach Corporation Announces ROCCAT's Best-Selling & Award-Winning PC Gaming Keyboards Go Wireless With the Vulcan II Mini Air

Turtle Beach Corporation, Annual General Meeting, Jul 06, 2023

Brian Stech Informs Turtle Beach Corporation That He Will Not Stand for Re-Election to the Board of Directors

CEO, President & Director recently sold US$699k worth of stock

Turtle Beach Corporation Appoints William Wyatt to the Board of Directors

Turtle Beach Corporation Provides Information to Shareholders

Turtle Beach Corporation Provides Earnings Guidance for the Year 2023

First quarter 2023 earnings released: US$0.40 loss per share (vs US$0.40 loss in 1Q 2022)

Turtle Beach Corporation Provides Earnings Guidance for the Year 2023

Full year 2022 earnings released: US$3.62 loss per share (vs US$1.11 profit in FY 2021)

High number of new directors

Turtle Beach Corporation Designed for Xbox Fuel Dual Controller Charging Station & Headset Stand Now Available

Turtle Beach Corporation Appoints Julia Sze to the Board of Directors

Charge Into the Virtual World With Turtle Beach’s Fuel Compact VR Charging Station for Meta Quest 2 – Now Available

Turtle Beach Corporation Announces Its Highly-Anticipated Turtle Beach VelocityOne™ Flightstick

Turtle Beach Corporation Announces Launch of its Affordable, All-Purpose Kone Air Wireless Ergonomic Gaming Mouse

Turtle Beach Corporation Launches Turtle Beach Atom Controller

Turtle Beach Corporation Unveils New Turtle Beach Fuel Dual Controller Charging Station & Headset Stand for Xbox

Turtle Beach Corporation announced delayed 10-Q filing

Turtle Beach Corporation Unveils New Charging System That Delivers Reliable Power and Provides Convenient Storage for Meta Quest Virtual Reality Fans

Third quarter 2022 earnings released: US$0.73 loss per share (vs US$0.16 profit in 3Q 2021)

Turtle Beach Corporation Provides Revenue Guidance for the 2022

Turtle Beach Corporation Announces Newest Addition to the Brand’S Growing Lineup of Gaming Simulation Accessories, the VelocityOne Rudder

Turtle Beach Announces Board Changes

Turtle Beach Corporation Unveils its All-New, Eagerly Anticipated Turtle Beach

Turtle Beach Corporation Expands Its Mobile Gaming Accessories Line with the Debut of the Brand’S Hyper-Portable Atom Controller

Turtle Beach’s Designed for Xbox Recon Cloud Hybrid Controller is Now Available

Turtle Beach Corporation Announces Its New Premium Wireless Syn Max Air Headset

Turtle Beach’s Award-Winning Stealth 700 Gen 2 MAX Premium Wireless Gaming Headset for PlayStation Is Now Available

Turtle Beach Corporation Releases Vulcan II Max Keyboard and Syn Max Air Headset