Funko Management
Management criteria checks 2/4
Funko's CEO is Mike Lunsford, appointed in Jul 2023, has a tenure of less than a year. total yearly compensation is $1.51M, comprised of 10.3% salary and 89.7% bonuses, including company stock and options. directly owns 0.017% of the company’s shares, worth $56.48K. The average tenure of the management team and the board of directors is 1.4 years and 3.5 years respectively.
Key information
Mike Lunsford
Chief executive officer
US$1.5m
Total compensation
| CEO salary percentage | 10.3% |
| CEO tenure | less than a year |
| CEO ownership | 0.02% |
| Management average tenure | 1.4yrs |
| Board average tenure | 3.5yrs |
Recent management updates
Recent updates
Does Funko (NASDAQ:FNKO) Have A Healthy Balance Sheet?
Apr 23
Funko: Playing The Waiting Game As Earnings Near
Mar 04Is Funko (NASDAQ:FNKO) Using Debt Sensibly?
Dec 14Funko (NASDAQ:FNKO) Has Debt But No Earnings; Should You Worry?
Jul 17Is Now An Opportune Moment To Examine Funko, Inc. (NASDAQ:FNKO)?
Mar 03At US$8.88, Is It Time To Put Funko, Inc. (NASDAQ:FNKO) On Your Watch List?
Nov 21Funko (NASDAQ:FNKO) Has A Pretty Healthy Balance Sheet
Oct 21Why Funko Is An Underappreciated GARP Opportunity
Oct 16Funko to open first co-branded retail experience with Snoop Dogg
Sep 13There Are Reasons To Feel Uneasy About Funko's (NASDAQ:FNKO) Returns On Capital
Sep 02At US$22.34, Is It Time To Put Funko, Inc. (NASDAQ:FNKO) On Your Watch List?
Aug 19Funko Non-GAAP EPS of $0.26 beats by $0.03, revenue of $315.72M beats by $23.09M
Aug 04If EPS Growth Is Important To You, Funko (NASDAQ:FNKO) Presents An Opportunity
Jul 21Funko: A Big Vote Of Confidence And Strong Returns
Jun 19These 4 Measures Indicate That Funko (NASDAQ:FNKO) Is Using Debt Reasonably Well
Jun 08Investors Met With Slowing Returns on Capital At Funko (NASDAQ:FNKO)
May 05Funko: Pay Attention To The Right Kind Of Performance
Apr 10Need To Know: Analysts Are Much More Bullish On Funko, Inc. (NASDAQ:FNKO)
Mar 06Funko: Many Reasons To Stay Invested
Jan 23Return Trends At Funko (NASDAQ:FNKO) Aren't Appealing
Jan 22Funko (NASDAQ:FNKO) Could Easily Take On More Debt
Dec 26CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$2m | US$155k | -US$154m |
| Sep 30 2023 | n/a | n/a | -US$186m |
| Jun 30 2023 | n/a | n/a | -US$161m |
| Mar 31 2023 | n/a | n/a | -US$73m |
| Dec 31 2022 | US$166k | n/a | -US$8m |
| Sep 30 2022 | n/a | n/a | US$46m |
| Jun 30 2022 | n/a | n/a | US$48m |
| Mar 31 2022 | n/a | n/a | US$47m |
| Dec 31 2021 | US$136k | n/a | US$44m |
| Sep 30 2021 | n/a | n/a | US$41m |
| Jun 30 2021 | n/a | n/a | US$39m |
| Mar 31 2021 | n/a | n/a | US$15m |
| Dec 31 2020 | US$110k | n/a | US$4m |
| Sep 30 2020 | n/a | n/a | -US$9m |
| Jun 30 2020 | n/a | n/a | -US$10m |
| Mar 31 2020 | n/a | n/a | US$5m |
| Dec 31 2019 | US$124k | n/a | US$12m |
| Sep 30 2019 | n/a | n/a | US$21m |
| Jun 30 2019 | n/a | n/a | US$14m |
| Mar 31 2019 | n/a | n/a | US$9m |
| Dec 31 2018 | US$49k | n/a | US$7m |
Compensation vs Market: Mike's total compensation ($USD1.51M) is below average for companies of similar size in the US market ($USD2.41M).
Compensation vs Earnings: Mike's compensation has increased whilst the company is unprofitable.
CEO
Mike Lunsford (55 yo)
less than a year
Tenure
US$1,512,375
Compensation
Mr. Michael C. Lunsford, also known as Mike, served as an Advisor and Vice President of McClatchy, Inc. from 2017 to September 2020. Mr. Lunsford served as the Chief Executive Officer of SK Planet Inc. fro...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Interim CEO & Director | less than a year | US$1.51m | 0.017% $ 56.5k | |
| Chief Legal Officer & Secretary | 7.1yrs | US$1.21m | 0.12% $ 392.2k | |
| Chief Commercial Officer | 2yrs | US$1.64m | 0.12% $ 384.7k | |
| Acting CFO | less than a year | no data | 0.056% $ 182.0k | |
| Director of Investor Relations | no data | no data | no data | |
| Senior Vice President of International Sales | no data | no data | no data | |
| Senior Vice President of People & Culture | no data | no data | no data | |
| Senior Vice President of Global Operations & Strategic Capabilities | no data | no data | no data | |
| Senior Vice President of Revenue | no data | no data | no data | |
| Senior Vice President of Integrated Brand Strategy & Planning | no data | no data | no data | |
| Senior Vice President of Creative | no data | no data | no data |
1.4yrs
Average Tenure
52.5yo
Average Age
Experienced Management: FNKO's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Interim CEO & Director | 5.6yrs | US$1.51m | 0.017% $ 56.5k | |
| Independent Director | 1.8yrs | US$258.53k | 0.0026% $ 8.5k | |
| Independent Chairman of the Board | 7.1yrs | US$348.53k | 0.40% $ 1.3m | |
| Independent Director | 6.8yrs | US$283.53k | 0.019% $ 61.6k | |
| Independent Director | less than a year | US$74.91k | no data | |
| Independent Director | 4.7yrs | US$258.53k | 0.017% $ 54.6k | |
| Independent Director | 2yrs | US$268.53k | 0.0042% $ 13.8k | |
| Director | 2.3yrs | US$2.53m | 0.91% $ 3.0m |
3.5yrs
Average Tenure
53yo
Average Age
Experienced Board: FNKO's board of directors are considered experienced (3.5 years average tenure).