Air Industries Group Management
Management criteria checks 3/4
Air Industries Group's CEO is Lou Melluzzo, appointed in Nov 2017, has a tenure of 6.5 years. total yearly compensation is $493.32K, comprised of 75.9% salary and 24.1% bonuses, including company stock and options. directly owns 0.3% of the company’s shares, worth $66.30K. The average tenure of the management team and the board of directors is 1.2 years and 15.6 years respectively.
Key information
Lou Melluzzo
Chief executive officer
US$493.3k
Total compensation
| CEO salary percentage | 75.9% |
| CEO tenure | 6.5yrs |
| CEO ownership | 0.3% |
| Management average tenure | 1.2yrs |
| Board average tenure | 15.6yrs |
Recent management updates
Recent updates
Air Industries Group's (NYSEMKT:AIRI) Solid Earnings May Rest On Weak Foundations
Apr 05
Air Industries Group (NYSEMKT:AIRI) Has Debt But No Earnings; Should You Worry?
Mar 25If You Had Bought Air Industries Group's (NYSEMKT:AIRI) Shares Five Years Ago You Would Be Down 69%
Feb 18
Analysts Are Optimistic We'll See A Profit From Air Industries Group (NYSEMKT:AIRI)
Jan 23Don't Ignore The Fact That This Insider Just Sold Some Shares In Air Industries Group (NYSEMKT:AIRI)
Dec 19Is Air Industries Group (NYSEMKT:AIRI) Using Too Much Debt?
Dec 18CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$493k | US$375k | -US$2m |
| Sep 30 2023 | n/a | n/a | -US$3m |
| Jun 30 2023 | n/a | n/a | -US$2m |
| Mar 31 2023 | n/a | n/a | -US$2m |
| Dec 31 2022 | US$545k | US$353k | -US$1m |
| Sep 30 2022 | n/a | n/a | US$1m |
| Jun 30 2022 | n/a | n/a | US$2m |
| Mar 31 2022 | n/a | n/a | US$2m |
| Dec 31 2021 | US$717k | US$350k | US$2m |
| Sep 30 2021 | n/a | n/a | US$2m |
| Jun 30 2021 | n/a | n/a | US$2m |
| Mar 31 2021 | n/a | n/a | US$116k |
| Dec 31 2020 | US$575k | US$357k | US$1m |
| Sep 30 2020 | n/a | n/a | -US$2m |
| Jun 30 2020 | n/a | n/a | -US$1m |
| Mar 31 2020 | n/a | n/a | -US$545k |
| Dec 31 2019 | US$545k | US$324k | -US$3m |
| Sep 30 2019 | n/a | n/a | -US$6m |
| Jun 30 2019 | n/a | n/a | -US$8m |
| Mar 31 2019 | n/a | n/a | -US$8m |
| Dec 31 2018 | US$291k | US$280k | -US$9m |
| Sep 30 2018 | n/a | n/a | -US$13m |
| Jun 30 2018 | n/a | n/a | -US$15m |
| Mar 31 2018 | n/a | n/a | -US$16m |
| Dec 31 2017 | US$838k | US$81k | -US$16m |
Compensation vs Market: Lou's total compensation ($USD493.32K) is about average for companies of similar size in the US market ($USD663.90K).
Compensation vs Earnings: Lou's compensation has been consistent with company performance over the past year.
CEO
Lou Melluzzo (59 yo)
6.5yrs
Tenure
US$493,315
Compensation
Mr. Luciano M. Melluzzo, also known as Lou, serves as President and Chief Executive Officer at Air Industries Group since November 15, 2017. From November 2003 to September 2011, Mr. Melluzzo was employed...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & CEO | 6.5yrs | US$493.32k | 0.30% $ 66.3k | |
| CFO, Principal Accounting Officer & Secretary | less than a year | US$237.56k | 0.000060% $ 13.2 | |
| Director of Human Resources | no data | no data | no data | |
| President and GM of Air Industries Machining Corporation & Nassau Tool Works | 1.6yrs | no data | no data | |
| President & GM of Sterling Engineering Corporation (Turbine Engine Components) | less than a year | no data | no data |
1.2yrs
Average Tenure
Experienced Management: AIRI's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 6.6yrs | US$56.47k | 1.29% $ 283.8k | |
| Director | 15.7yrs | US$61.21k | 12.99% $ 2.9m | |
| Independent Director | 12yrs | US$40.72k | 0.19% $ 41.4k | |
| Independent Chairman | 18.5yrs | US$57.43k | 0.82% $ 180.0k | |
| Independent Director | 16.3yrs | US$37.94k | 0.14% $ 31.8k | |
| Director | 15.6yrs | US$61.21k | 8.05% $ 1.8m |
15.6yrs
Average Tenure
61yo
Average Age
Experienced Board: AIRI's board of directors are seasoned and experienced ( 15.6 years average tenure).