Omnitek Engineering Corp.

OTCPK:OMTK Stock Report

Market Cap: US$384.1k

Omnitek Engineering Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Werner Funk

Chief executive officer

US$151.8k

Total compensation

CEO salary percentage98.8%
CEO tenure23.4yrs
CEO ownership38.3%
Management average tenureno data
Board average tenure12.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Werner Funk's remuneration changed compared to Omnitek Engineering's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

-US$253k

Mar 31 2024n/an/a

-US$222k

Dec 31 2023US$152kUS$150k

-US$215k

Sep 30 2023n/an/a

-US$174k

Jun 30 2023n/an/a

-US$198k

Mar 31 2023n/an/a

-US$184k

Dec 31 2022US$138kUS$136k

-US$197k

Sep 30 2022n/an/a

-US$82k

Jun 30 2022n/an/a

-US$29k

Mar 31 2022n/an/a

-US$55k

Dec 31 2021US$134kUS$125k

US$17k

Sep 30 2021n/an/a

-US$231k

Jun 30 2021n/an/a

-US$320k

Mar 31 2021n/an/a

-US$363k

Dec 31 2020US$111kUS$101k

-US$490k

Sep 30 2020n/an/a

-US$661k

Jun 30 2020n/an/a

-US$743k

Mar 31 2020n/an/a

-US$741k

Dec 31 2019US$9kUS$5k

-US$720k

Sep 30 2019n/an/a

-US$564k

Jun 30 2019n/an/a

-US$530k

Mar 31 2019n/an/a

-US$477k

Dec 31 2018US$87kUS$77k

-US$468k

Sep 30 2018n/an/a

-US$804k

Jun 30 2018n/an/a

-US$810k

Mar 31 2018n/an/a

-US$925k

Dec 31 2017US$114kUS$36k

-US$1m

Compensation vs Market: Werner's total compensation ($USD151.80K) is below average for companies of similar size in the US market ($USD667.78K).

Compensation vs Earnings: Werner's compensation has increased whilst the company is unprofitable.


CEO

Werner Funk (78 yo)

23.4yrs

Tenure

US$151,795

Compensation

Mr. Werner Funk has been Chief Executive Officer and President of Omnitek Engineering Corp. since May 2001 and is its Chief Financial Officer and served as its Chief Operating Officer. He serves as Princip...


Board Members

NamePositionTenureCompensationOwnership
Werner Funk
Chairman23.4yrsUS$151.80k38.33%
$ 147.2k
John Palumbo
Independent Director11yrsno data0.68%
$ 2.6k
Gary Maier
Independent Director12.2yrsno data0.55%
$ 2.1k

12.2yrs

Average Tenure

70yo

Average Age

Experienced Board: OMTK's board of directors are seasoned and experienced ( 12.2 years average tenure).