Momentus Management

Management criteria checks 1/4

Momentus' CEO is John Rood, appointed in Aug 2021, has a tenure of 2.67 years. total yearly compensation is $2.41M, comprised of 33.2% salary and 66.8% bonuses, including company stock and options. directly owns 0.12% of the company’s shares, worth $7.56K. The average tenure of the management team and the board of directors is 1.9 years and 2.7 years respectively.

Key information

John Rood

Chief executive officer

US$2.4m

Total compensation

CEO salary percentage	33.2%
CEO tenure	2.7yrs
CEO ownership	0.1%
Management average tenure	1.9yrs
Board average tenure	2.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has John Rood's remuneration changed compared to Momentus's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2023	n/a	n/a	-US$79m
Jun 30 2023	n/a	n/a	-US$85m
Mar 31 2023	n/a	n/a	-US$89m
Dec 31 2022	US$2m	US$800k	-US$95m
Sep 30 2022	n/a	n/a	-US$74m
Jun 30 2022	n/a	n/a	-US$58m
Mar 31 2022	n/a	n/a	US$29m
Dec 31 2021	US$12m	US$333k	US$121m

Compensation vs Market: John's total compensation ($USD2.41M) is above average for companies of similar size in the US market ($USD667.11K).

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

CEO

John Rood (53 yo)

2.7yrs

Tenure

US$2,409,421

Compensation

Mr. John Charles Rood is Chairman, President & CEO of Momentus Inc. from January 21, 2022. He was Chairman & CEO of Momentus Inc. from August 12, 2021 to January 21, 2022. He was Advisor of Prime Movers La...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
John Rood	Chairman	2.7yrs	US$2.41m	0.12% $ 7.6k
Paul Ney	Chief Legal Officer & Corporate Secretary	2.5yrs	US$748.40k	0.030% $ 1.8k
Lon Ensler	Interim Chief Financial Officer	no data	no data	no data
Rob Schwarz	CTO and Interim Head of Engineering & Operations	4.2yrs	no data	0.020% $ 1.2k
Eric Williams	Principal Accounting Officer	less than a year	no data	0.14% $ 8.7k
Darryl J. Genovesi	Vice President of Investor Relations	no data	no data	no data
Chris Kinman	Chief Commercial Officer	1.3yrs	no data	no data

1.9yrs

Average Tenure

55yo

Average Age

Experienced Management: MNTS's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
John Rood	Chairman	2.7yrs	US$2.41m	0.12% $ 7.6k
Brian Kabot	Independent Director	2.7yrs	US$373.23k	0.26% $ 16.0k
Mitchel Kugler	Independent Director	2.7yrs	US$409.09k	0.019% $ 1.2k
Chris Hadfield	Independent Director	2.7yrs	US$398.94k	0.025% $ 1.5k
Linda Reiners	Lead Independent Director	2.7yrs	US$410.00k	0.038% $ 2.3k
Victorino Mercado	Security Director & Independent Director	2.7yrs	US$540.09k	0.033% $ 2.0k
Kimberly A. Reed	Independent Director	2.7yrs	US$382.40k	0.038% $ 2.3k

2.7yrs

Average Tenure

61yo

Average Age

Experienced Board: MNTS's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.

Momentus Management

Management criteria checks 1/4

Key information

Recent management updates

Momentus Inc. Announces Chief Financial Officer Changes

Momentus Inc., Annual General Meeting, Jun 21, 2023

Momentus Inc. Announces Resignation of Jikun Kim as Chief Financial Officer, Effective January 6, 2023

High number of new and inexperienced directors

Momentus Inc. Announces Retirement of Dawn Harms as Chief Revenue Officer

Chairman exercised options and sold US$146k worth of stock

Recent updates

Momentus Receives Nasdaq Deficiency Notification Regarding Delayed Form 10-K

Momentus Inc. announced delayed annual 10-K filing

Momentus Receives Deficiency Letter from the Nasdaq Capital Market LLC Regarding Non-Compliance with the Minimum Bid Requirement for Continued Listing on Nasdaq, as Set in Nasdaq Listing Rule 5550(a)(2)

Momentus Inc. Announces Chief Financial Officer Changes

Momentus Receives an Approval Letter from Nasdaq to Transfer the Listing of its Class A Common Stock from the Nasdaq Global Market to the Nasdaq Capital Market

Momentus Receives an Approval Letter from Nasdaq to Transfer the Listing of its Class A Common Stock from the Nasdaq Global Market to the Nasdaq Capital Market

Prime Movers Lab Provides Information to Shareholders of Momentus

Momentus Inc. has completed a Follow-on Equity Offering in the amount of $4.000367 million.

Momentus Receives Non-Compliance Notice from Nasdaq

Momentus Inc. Announces an Update on Its Latest Mission

Momentus Receives Deficiency Letter from Nasdaq Regarding Non-Compliance with the Minimum Stockholders’ Equity Requirement for Continued Listing Set Forth in Nasdaq Listing Rule 5450(b)(1)(A)

New major risk - Financial position

Momentus Inc. Continues Testing of Sustainable Spacecraft Engine and New Type of Solar Array

Momentus Inc. Completes Vibration Testing of Vigoride-7 Orbital Service Vehicle

Momentus Inc. to Report Q3, 2023 Results on Nov 14, 2023

Momentus Inc. has completed a Follow-on Equity Offering in the amount of $4 million.

New major risk - Shareholder dilution

Momentus Regains Compliance with Nasdaq Minimum Bid Price

Momentus Regains Compliance with Nasdaq Minimum Bid Price

Momentus Inc. announced that it expects to receive $5 million in funding

Momentus Inc. to Report Q2, 2023 Results on Aug 14, 2023

Momentus Inc. Targets Next Flight No Earlier Than November 2023 Aboard SpaceX Transporter-9 Mission

Momentus Inc., Annual General Meeting, Jun 21, 2023

Momentus Inc. to Report Q1, 2023 Results on May 11, 2023

Full year 2022 earnings: EPS and revenues miss analyst expectations

Prime Movers Lab Engages in Discussions with Momentus

Momentus Inc. Provides Momentus Vigoride-5 Status Update

Momentus Inc. Launches Vigoride Orbital Service Vehicle on Spacex Transporter-6 Mission

Momentus Inc. Launches Vigoride Orbital Service Vehicle on Spacex Transporter-6 Mission

Consensus forecasts updated

Momentus Inc. Announces Resignation of Jikun Kim as Chief Financial Officer, Effective January 6, 2023

Price target decreased to US$3.50

High number of new and inexperienced directors

Momentus Inc. Announces Retirement of Dawn Harms as Chief Revenue Officer

Third quarter 2022 earnings released: US$0.26 loss per share (vs US$0.093 loss in 3Q 2021)

Momentus Inc. to Report Q3, 2022 Results on Nov 08, 2022

Momentus Inc. Vigoride Orbital Service Vehicle Completes TVAC Testing Ahead of Launch with SpaceX

Momentus Inc. Completes Comprehensive Ground Testing of Solar Arrays Ahead of Next Mission

Momentus announces $50M at-the-market equity program

Momentus Inc. Completes Vibration Testing of Vigoride Orbital Service Vehicle

Chairman exercised options and sold US$146k worth of stock

LuxSpace Triton-X microsatellite to fly aboard Momentus OTV

Second quarter 2022 earnings released: US$0.28 loss per share (vs US$1.25 profit in 2Q 2021)

Momentus GAAP EPS of -$0.28, revenue of $0.05M

Momentus Inc. to Report Q2, 2022 Results on Aug 11, 2022

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Momentus Provides Its Third Mission Update Since the Launch of Its Vigoride-3 Spacecraft

Investor sentiment improved over the past week

Momentus Inc. Announces Status Update on First Demonstration Mission

Momentus Inc. Launches First Demonstration Flight on SpaceX Falcon 9

Investor sentiment improved over the past week

First quarter 2022 earnings: EPS exceeds analyst expectations

Price target decreased to US$8.00

High number of new and inexperienced directors

Momentus Inc. Completes Vibration Test of Vigoride Orbital Transfer Vehicle

Momentus Inc., Annual General Meeting, May 31, 2022

Investor sentiment improved over the past week

Momentus Inc. to Report Q4, 2021 Results on Mar 08, 2022

Chief Revenue Officer exercised options and sold US$109k worth of stock

President recently sold US$581k worth of stock

President exercised options to buy US$921k worth of stock.

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure