Forward Industries Management
Management criteria checks 3/4
Forward Industries' CEO is Terry Wise, appointed in Jul 2015, has a tenure of 9.42 years. total yearly compensation is $337.00K, comprised of 96.4% salary and 3.6% bonuses, including company stock and options. directly owns 16.47% of the company’s shares, worth $814.46K. The average tenure of the management team and the board of directors is 7.2 years and 9.8 years respectively.
Key information
Terry Wise
Chief executive officer
US$337.0k
Total compensation
| CEO salary percentage | 96.4% |
| CEO tenure | 9.4yrs |
| CEO ownership | 16.5% |
| Management average tenure | 7.2yrs |
| Board average tenure | 9.8yrs |
Recent management updates
Here's Why Forward Industries, Inc.'s (NASDAQ:FORD) CEO May Not Expect A Pay Rise This Year
Feb 10
How Much is Forward Industries' (NASDAQ:FORD) CEO Getting Paid?
Jan 08
Recent updates
Forward Industries, Inc.'s (NASDAQ:FORD) Price Is Right But Growth Is Lacking After Shares Rocket 43%
Oct 05Lacklustre Performance Is Driving Forward Industries, Inc.'s (NASDAQ:FORD) 26% Price Drop
Aug 11Benign Growth For Forward Industries, Inc. (NASDAQ:FORD) Underpins Stock's 27% Plummet
Jun 20Cautious Investors Not Rewarding Forward Industries, Inc.'s (NASDAQ:FORD) Performance Completely
Dec 21Forward Industries GAAP EPS of -$0.04, revenue of $10.59M
Aug 10Forward Industries (NASDAQ:FORD) Could Be Struggling To Allocate Capital
May 26Here's Why Forward Industries, Inc.'s (NASDAQ:FORD) CEO May Not Expect A Pay Rise This Year
Feb 10Is Forward Industries (NASDAQ:FORD) Using Too Much Debt?
Feb 05Forward Industries (NASDAQ:FORD) Is Carrying A Fair Bit Of Debt
Oct 06Is Forward Industries (NASDAQ:FORD) A Risky Investment?
Jun 17Is Forward Industries (NASDAQ:FORD) A Risky Investment?
Mar 02How Much is Forward Industries' (NASDAQ:FORD) CEO Getting Paid?
Jan 08Forward Industries EPS beats by $0.01, beats on revenue
Dec 17Forward Industries expands its outsourced manufacturing service
Nov 03CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | -US$1m |
| Mar 31 2024 | n/a | n/a | -US$558k |
| Dec 31 2023 | n/a | n/a | -US$131k |
| Sep 30 2023 | US$337k | US$325k | US$159k |
| Jun 30 2023 | n/a | n/a | US$969k |
| Mar 31 2023 | n/a | n/a | US$416k |
| Dec 31 2022 | n/a | n/a | US$179k |
| Sep 30 2022 | US$331k | US$319k | US$450k |
| Jun 30 2022 | n/a | n/a | -US$679k |
| Mar 31 2022 | n/a | n/a | -US$17k |
| Dec 31 2021 | n/a | n/a | -US$495k |
| Sep 30 2021 | US$234k | US$225k | US$524k |
| Jun 30 2021 | n/a | n/a | US$501k |
| Mar 31 2021 | n/a | n/a | US$42k |
| Dec 31 2020 | n/a | n/a | -US$495k |
| Sep 30 2020 | US$400k | US$300k | -US$2m |
| Jun 30 2020 | n/a | n/a | -US$4m |
| Mar 31 2020 | n/a | n/a | -US$3m |
| Dec 31 2019 | n/a | n/a | -US$3m |
| Sep 30 2019 | US$300k | US$300k | -US$4m |
| Jun 30 2019 | n/a | n/a | -US$2m |
| Mar 31 2019 | n/a | n/a | -US$1m |
| Dec 31 2018 | n/a | n/a | US$802k |
| Sep 30 2018 | US$300k | US$300k | US$1m |
Compensation vs Market: Terry's total compensation ($USD337.00K) is below average for companies of similar size in the US market ($USD654.40K).
Compensation vs Earnings: Terry's compensation has increased whilst the company is unprofitable.
CEO
Terry Wise (76 yo)
9.4yrs
Tenure
US$337,000
Compensation
Mr. Terence Bernard Wise, also known as Terry, has been the Chairman and Chief Executive Officer of Forward Industries Inc. since January 20, 2015 and July 2015 respectively. Mr. Wise has been a Director o...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 9.4yrs | US$337.00k | 16.47% $ 814.5k | |
| CFO, Treasurer & Secretary | 1.4yrs | US$252.00k | no data | |
| Chief Operating Officer of Intelligent Product Solutions Inc | no data | US$351.41k | 0.045% $ 2.2k | |
| President of Intelligent Product Solutions Inc | 16.9yrs | US$370.27k | 0.53% $ 26.0k | |
| Chief Executive Officer of Kablooe Inc | 4.9yrs | US$269.71k | 1.53% $ 75.4k | |
| Chief Accounting Officer | no data | US$284.81k | no data |
7.2yrs
Average Tenure
59.5yo
Average Age
Experienced Management: FORD's management team is seasoned and experienced (7.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 12.8yrs | US$337.00k | 16.47% $ 814.5k | |
| Independent Director | 2.8yrs | US$80.00k | 0.13% $ 6.7k | |
| Independent Lead Director | 9.8yrs | US$100.00k | 1.01% $ 49.9k |
9.8yrs
Average Tenure
64yo
Average Age
Experienced Board: FORD's board of directors are considered experienced (9.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 03:10 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/09/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Forward Industries, Inc. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Anne Crow | Edison Investment Research |