Omega Flex Management
Management criteria checks 3/4
Omega Flex’s CEO is Kevin Hoben, appointed in Jan 2005, he has a tenure of 18.3yrs. His total yearly compensation is US$2.6m, comprised of 19.0% salary and 81.0% bonuses, including company stock and options. He directly owns 8.9% of the company’s shares, worth US$92.5m. The average tenure of the management team and the board of directors is 1.5yrs and 18.3yrs respectively.
Key information
Kevin Hoben
Chief executive officer
US$2.6m
Total compensation
| CEO salary percentage | 19.0% |
| CEO tenure | 18.3yrs |
| CEO ownership | 8.9% |
| Management average tenure | 1.5yrs |
| Board average tenure | 18.3yrs |
Recent management updates
Recent updates
Investors Shouldn't Overlook The Favourable Returns On Capital At Omega Flex (NASDAQ:OFLX)
Apr 14
Why You Should Care About Omega Flex's (NASDAQ:OFLX) Strong Returns On Capital
Jan 12Omega Flex GAAP EPS of $0.65, revenue of $31.63M
Oct 20Omega Flex declares $0.32 dividend
Sep 30Why You Should Care About Omega Flex's (NASDAQ:OFLX) Strong Returns On Capital
Sep 29Does Omega Flex (NASDAQ:OFLX) Deserve A Spot On Your Watchlist?
Jul 31Here's Why I Think Omega Flex (NASDAQ:OFLX) Is An Interesting Stock
Apr 29Here's Why I Think Omega Flex (NASDAQ:OFLX) Is An Interesting Stock
Jan 28Omega Flex's (NASDAQ:OFLX) Dividend Will Be Increased To US$0.30
Sep 20Should You Be Adding Omega Flex (NASDAQ:OFLX) To Your Watchlist Today?
Aug 04Omega Flex's (NASDAQ:OFLX) Dividend Will Be Increased To US$0.30
Jun 12We Discuss Why The CEO Of Omega Flex, Inc. (NASDAQ:OFLX) Is Due For A Pay Rise
Jun 03Here's What You Should Know About Omega Flex, Inc.'s (NASDAQ:OFLX) 0.7% Dividend Yield
Apr 05This Insider Has Just Sold Shares In Omega Flex, Inc. (NASDAQ:OFLX)
Mar 18If You Like EPS Growth Then Check Out Omega Flex (NASDAQ:OFLX) Before It's Too Late
Mar 16Did You Participate In Any Of Omega Flex's (NASDAQ:OFLX) Incredible 410% Return?
Feb 23Declining Stock and Decent Financials: Is The Market Wrong About Omega Flex, Inc. (NASDAQ:OFLX)?
Jan 25Should You Buy Omega Flex, Inc. (NASDAQ:OFLX) For Its Dividend?
Dec 30
Omega Flex declares $0.28 dividend
Dec 11A Quick Analysis On Omega Flex's (NASDAQ:OFLX) CEO Compensation
Dec 01CEO Compensation Analysis
| Date | Total Comp. | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2023 | n/a | n/a | US$24m |
| Dec 31 2022 | US$3m | US$493k | US$24m |
| Sep 30 2022 | n/a | n/a | US$25m |
| Jun 30 2022 | n/a | n/a | US$25m |
| Mar 31 2022 | n/a | n/a | US$25m |
| Dec 31 2021 | US$3m | US$477k | US$26m |
| Sep 30 2021 | n/a | n/a | US$26m |
| Jun 30 2021 | n/a | n/a | US$24m |
| Mar 31 2021 | n/a | n/a | US$22m |
| Dec 31 2020 | US$2m | US$469k | US$20m |
| Sep 30 2020 | n/a | n/a | US$18m |
| Jun 30 2020 | n/a | n/a | US$17m |
| Mar 31 2020 | n/a | n/a | US$17m |
| Dec 31 2019 | US$2m | US$445k | US$17m |
| Sep 30 2019 | n/a | n/a | US$18m |
| Jun 30 2019 | n/a | n/a | US$20m |
| Mar 31 2019 | n/a | n/a | US$20m |
| Dec 31 2018 | US$2m | US$429k | US$20m |
| Sep 30 2018 | n/a | n/a | US$19m |
| Jun 30 2018 | n/a | n/a | US$17m |
| Mar 31 2018 | n/a | n/a | US$16m |
| Dec 31 2017 | US$2m | US$414k | US$16m |
| Sep 30 2017 | n/a | n/a | US$15m |
| Jun 30 2017 | n/a | n/a | US$15m |
| Mar 31 2017 | n/a | n/a | US$16m |
| Dec 31 2016 | US$2m | US$400k | US$14m |
Compensation vs Market: Kevin's total compensation ($USD2.60M) is about average for companies of similar size in the US market ($USD3.62M).
Compensation vs Earnings: Kevin's compensation has been consistent with company performance over the past year.
CEO
Kevin Hoben (75 yo)
18.3yrs
Tenure
US$2,598,910
Compensation
Mr. Kevin R. Hoben has been the Chief Executive Officer and Chairman of Omega Flex, Inc. since 2005 and December 13, 2018 respectively. Prior to joining Omega Flex Inc, Mr. Hoben served in a number of seni...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman | 18.3yrs | US$2.60m | 8.93% $ 92.5m | |
| President | 1.3yrs | US$878.78k | 0.015% $ 158.7k | |
| VP of Finance & CFO | 1.8yrs | US$390.53k | no data | |
| Executive Vice President of Sales | 1.3yrs | US$676.78k | no data | |
| General Counsel & Secretary | less than a year | no data | no data | |
| Senior Vice President of Corporate Development & Facilities Management | 17.3yrs | US$645.77k | no data | |
| Financial Controller | no data | no data | no data |
1.5yrs
Average Tenure
55yo
Average Age
Experienced Management: OFLX's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman | 27.3yrs | US$2.60m | 8.93% $ 92.5m | |
| Independent Vice Chairman | 18.3yrs | US$90.30k | 29.76% $ 308.2m | |
| Independent Director | 4.3yrs | US$81.11k | 0.0050% $ 51.3k | |
| Lead Independent Director | 14.1yrs | US$85.05k | 0.018% $ 189.9k | |
| Independent Director | 5.3yrs | US$79.80k | no data | |
| Independent Director | 27.3yrs | US$79.80k | 0.018% $ 187.4k | |
| Director | 27.3yrs | US$46.55k | 1.9% $ 19.7m |
18.3yrs
Average Tenure
70yo
Average Age
Experienced Board: OFLX's board of directors are seasoned and experienced ( 18.3 years average tenure).