Forward Industries Management
Management criteria checks 0/4
Forward Industries' CEO is Mike Pruitt, appointed in May 2025, has a tenure of 1.17 years. total yearly compensation is $998.84K, comprised of 7.5% salary and 92.5% bonuses, including company stock and options. directly owns 0.002% of the company’s shares, worth MX$112.26K. The average tenure of the management team and the board of directors is 1.2 years and 0.8 years respectively.
Key information
Mike Pruitt
Chief executive officer
US$998.8k
Total compensation
| CEO salary percentage | 7.51% |
| CEO tenure | 1.2yrs |
| CEO ownership | 0.002% |
| Management average tenure | 1.2yrs |
| Board average tenure | less than a year |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2026 | n/a | n/a | -US$1b |
| Dec 31 2025 | n/a | n/a | -US$754m |
| Sep 30 2025 | US$999k | US$75k | -US$169m |
Compensation vs Market: Mike's total compensation ($USD998.84K) is above average for companies of similar size in the MX market ($USD703.56K).
Compensation vs Earnings: Insufficient data to compare Mike's compensation with company performance.
CEO
Mike Pruitt (65 yo)
Mr. Michael D. Pruitt, also known as Mike, is Director of Integral Technologies, Inc. from May 20, 2026. Mr. Pruitt is Interim Chief Executive Officer of Forward Industries, Inc. from May 16, 2025 and serv...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Interim CEO & Director | 1.2yrs | US$998.84k | 0.0020% MX$ 112.3k | |
| Chief Executive Officer of IPS | 1.5yrs | US$309.25k | 0.00068% MX$ 37.6k | |
| Chief Financial Officer | less than a year | no data | no data | |
| Chief Investment Officer | less than a year | no data | 0.014% MX$ 749.9k | |
| General Counsel | less than a year | no data | no data | |
| President of Intelligent Product Solutions Inc | 18.5yrs | US$321.69k | no data | |
| Chief Executive Officer of Kablooe Inc | 5.9yrs | US$267.76k | 0.023% MX$ 1.3m |
Experienced Management: FWDI *'s management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Interim CEO & Director | less than a year | US$998.84k | 0.0020% MX$ 112.3k | |
| Board Observer | less than a year | no data | no data | |
| Independent Non Executive Director | 1.2yrs | US$53.33k | no data | |
| Member of Crypto Advisory Board | less than a year | no data | no data | |
| Independent Director | no data | no data | no data | |
| Chairman of the Board | less than a year | no data | 4.25% MX$ 235.1m | |
| Member of Crypto Advisory Board | less than a year | no data | no data | |
| Non Executive Lead Independent Director | 11.4yrs | US$1.44m | 0.083% MX$ 4.6m | |
| Member of Crypto Advisory Board | less than a year | no data | no data | |
| Member of Crypto Advisory Board | less than a year | no data | no data | |
| Member of Crypto Advisory Board | less than a year | no data | no data | |
| Member of Crypto Advisory Board | less than a year | no data | no data |
Experienced Board: FWDI *'s board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/12 07:35 |
| End of Day Share Price | 2026/06/05 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/09/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Forward Industries, Inc. is covered by 4 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Fedor Shabalin | B. Riley Securities, Inc. |
| Gareth Gacetta | Cantor Fitzgerald & Co. |
| Anne Crow | Edison Investment Research |