Koss Management

Management criteria checks 3/4

Koss' CEO is Michael Koss, appointed in Jan 1987, has a tenure of 37.5 years. total yearly compensation is $703.57K, comprised of 46.2% salary and 53.8% bonuses, including company stock and options. directly owns 10.21% of the company’s shares, worth $4.20M. The average tenure of the management team and the board of directors is 22.5 years and 23.1 years respectively.

Key information

Michael Koss

Chief executive officer

US$703.6k

Total compensation

CEO salary percentage	46.2%
CEO tenure	37.5yrs
CEO ownership	10.2%
Management average tenure	22.5yrs
Board average tenure	23.1yrs

Recent management updates

Recent updates

Koss Corporation's (NASDAQ:KOSS) 27% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio

Jun 20

Koss Corporation's (NASDAQ:KOSS) Share Price Not Quite Adding Up

May 04

Koss Corporation's (NASDAQ:KOSS) Shares Climb 32% But Its Business Is Yet to Catch Up

Dec 18

Koss Corporation (NASDAQ:KOSS) Shares Slammed 30% But Getting In Cheap Might Be Difficult Regardless

May 12

Does Koss (NASDAQ:KOSS) Have A Healthy Balance Sheet?

May 10

Koss Corp.: Short Winner That Will Fall Further

Feb 04

Koss Corporation's (NASDAQ:KOSS) CEO Looks Like They Deserve Their Pay Packet

Oct 07

Koss Corporation: Meme Stock Making Money, But Substantial Risk

Aug 22

Koss Stock Won't Ride Coattails Forever

May 30

Koss (NASDAQ:KOSS) Could Be Struggling To Allocate Capital

May 03

Here's What Koss Corporation's (NASDAQ:KOSS) Shareholder Ownership Structure Looks Like

Feb 21

Koss family cashes in short squeeze rally: CNBC

Feb 04

Koss Corporation: The Music Is About To Stop

Jan 31

Is Koss (NASDAQ:KOSS) Headed For Trouble?

Jan 31

Koss resumes squeeze stock rally after Robinhood lifts restrictions, Q2 earnings

Jan 28

How Should Investors React To Koss' (NASDAQ:KOSS) CEO Pay?

Dec 21

Koss reports Q1 results

Oct 29

CEO Compensation Analysis

How has Michael Koss's remuneration changed compared to Koss's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	-US$1m
Dec 31 2023	n/a	n/a	-US$1m
Sep 30 2023	n/a	n/a	-US$2m
Jun 30 2023	US$704k	US$325k	US$8m
Mar 31 2023	n/a	n/a	US$9m
Dec 31 2022	n/a	n/a	US$10m
Sep 30 2022	n/a	n/a	US$11m
Jun 30 2022	US$417k	US$325k	US$1m
Mar 31 2022	n/a	n/a	US$1m
Dec 31 2021	n/a	n/a	US$337k
Sep 30 2021	n/a	n/a	US$267k
Jun 30 2021	US$549k	US$325k	US$494k
Mar 31 2021	n/a	n/a	US$320k
Dec 31 2020	n/a	n/a	US$697k
Sep 30 2020	n/a	n/a	-US$28k
Jun 30 2020	US$553k	US$325k	-US$466k
Mar 31 2020	n/a	n/a	-US$600k
Dec 31 2019	n/a	n/a	-US$365k
Sep 30 2019	n/a	n/a	-US$46k
Jun 30 2019	US$609k	US$325k	US$306k
Mar 31 2019	n/a	n/a	US$553k
Dec 31 2018	n/a	n/a	-US$348k
Sep 30 2018	n/a	n/a	-US$3m
Jun 30 2018	US$485k	US$325k	-US$3m

Compensation vs Market: Michael's total compensation ($USD703.57K) is about average for companies of similar size in the US market ($USD683.22K).

Compensation vs Earnings: Michael's compensation has increased whilst the company is unprofitable.

CEO

Michael Koss (70 yo)

37.5yrs

Tenure

US$703,567

Compensation

Mr. Michael J. Koss has been the President and Chief Operating Officer of Koss Corporation since 1987 and its Chief Executive Officer since 1991. Since 1976, Mr. Koss served at Koss Corp., in a variety of...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Michael Koss	Chairman	37.5yrs	US$703.57k	10.21% $ 4.2m
John Koss	Vice President of Sales	36.5yrs	US$285.24k	2.92% $ 1.2m
Michael Koss	Vice President of Marketing & Product	8.5yrs	US$276.16k	0.28% $ 115.8k
Kim Schulte	CFO & Corporate Secretary	2.4yrs	no data	no data

22.5yrs

Average Tenure

62.5yo

Average Age

Experienced Management: KOSS's management team is seasoned and experienced (22.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Michael Koss	Chairman	39.5yrs	US$703.57k	10.21% $ 4.2m
Thomas Doerr	Independent Lead Director	37.5yrs	US$41.00k	no data
Lenore Lillie	Director	no data	US$24.50k	0.32% $ 133.6k
Steven Leveen	Independent Director	8.8yrs	US$27.50k	0.036% $ 14.8k
William Sweasy	Independent Director	8.8yrs	US$36.00k	0.25% $ 103.8k

23.1yrs

Average Tenure

70yo

Average Age

Experienced Board: KOSS's board of directors are seasoned and experienced ( 23.1 years average tenure).

Koss Management

Management criteria checks 3/4

Key information

Recent management updates

Vice President of Sales exercised options and sold US$77k worth of stock

Koss Corporation, Annual General Meeting, Oct 18, 2023

Koss Corporation Notifies Theodore H. Nixon Not Stand for Re-Election to the Board of Directors

Insufficient new directors

Koss Corporation, Annual General Meeting, Oct 19, 2022

Independent Director recently bought US$119k worth of stock

Recent updates

Koss Corporation's (NASDAQ:KOSS) 27% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio

Vice President of Sales exercised options and sold US$77k worth of stock

Third quarter 2024 earnings released: US$0.034 loss per share (vs US$0.025 loss in 3Q 2023)

Koss Corporation's (NASDAQ:KOSS) Share Price Not Quite Adding Up

Second quarter 2024 earnings released: US$0.029 loss per share (vs US$0.13 loss in 2Q 2023)

Koss Corporation's (NASDAQ:KOSS) Shares Climb 32% But Its Business Is Yet to Catch Up

First quarter 2024 earnings released: US$0.028 loss per share (vs US$1.09 profit in 1Q 2023)

New minor risk - Earnings quality

Koss Corporation, Annual General Meeting, Oct 18, 2023

Full year 2023 earnings released: EPS: US$0.90 (vs US$0.14 in FY 2022)

Koss Corporation Notifies Theodore H. Nixon Not Stand for Re-Election to the Board of Directors

Investor sentiment improves as stock rises 16%

We Ran A Stock Scan For Earnings Growth And Koss (NASDAQ:KOSS) Passed With Ease

Third quarter 2023 earnings released: US$0.025 loss per share (vs US$0.044 profit in 3Q 2022)

Investor sentiment deteriorates as stock falls 18%

Second quarter 2023 earnings released: US$0.13 loss per share (vs US$0.063 profit in 2Q 2022)

Is Now The Time To Put Koss (NASDAQ:KOSS) On Your Watchlist?

Insufficient new directors

First quarter 2023 earnings released: EPS: US$1.09 (vs US$0.011 loss in 1Q 2022)

Investor sentiment deteriorated over the past week

With EPS Growth And More, Koss (NASDAQ:KOSS) Makes An Interesting Case

Koss Corporation, Annual General Meeting, Oct 19, 2022

Full year 2022 earnings released: EPS: US$0.14 (vs US$0.063 in FY 2021)

Koss GAAP EPS of $0.04, revenue of $4.19M

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Koss' (NASDAQ:KOSS) Returns On Capital Are Heading Higher

Independent Director recently bought US$119k worth of stock

Investor sentiment improved over the past week

Koss (NASDAQ:KOSS) Is Posting Healthy Earnings, But It Is Not All Good News

Koss Corporation (NASDAQ:KOSS) Shares Slammed 30% But Getting In Cheap Might Be Difficult Regardless

Does Koss (NASDAQ:KOSS) Have A Healthy Balance Sheet?

Third quarter 2022 earnings released: EPS: US$0.044 (vs US$0.059 loss in 3Q 2021)

Insufficient new directors

Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Koss Corporation Appoints Kim Schulte as Chief Financial Officer, Effective February 28, 2022

Koss Corp.: Short Winner That Will Fall Further

CFO & Secretary exercised options and sold US$129k worth of stock

First quarter 2022 earnings released: US$0.011 loss per share (vs US$0.017 profit in 1Q 2021)

Koss Corporation's (NASDAQ:KOSS) CEO Looks Like They Deserve Their Pay Packet

Chairman exercised options and sold US$364k worth of stock

CFO & Secretary exercised options and sold US$1.7m worth of stock

Koss Corporation: Meme Stock Making Money, But Substantial Risk

Full year 2021 earnings released: EPS US$0.063 (vs US$0.063 loss in FY 2020)

CFO & Secretary exercised options and sold US$810k worth of stock

Vice President of Sales recently sold US$379k worth of stock

Vice President of Sales notifies of intention to sell stock

Chairman exercised options and sold US$1.4m worth of stock

Chairman recently sold US$191k worth of stock

Koss Stock Won't Ride Coattails Forever

Rosen Law Announces Updated Lead Plaintiff Deadline in Securities Class Action Lawsuits on Behalf of Investors Unable to Execute Trades and Who Sold And/Or Purchased Certain Securities on the Robinhood Trading Platform on or Around January 28, 2021

Independent Lead Director exercised options and sold US$56k worth of stock

Third quarter 2021 earnings released: US$0.059 loss per share (vs US$0.013 loss in 3Q 2020)

Koss (NASDAQ:KOSS) Could Be Struggling To Allocate Capital

CFO & Secretary exercised options and sold US$330k worth of stock

Chairman exercised options and sold US$1.2m worth of stock

Chairman recently sold US$986k worth of stock

Chairman recently sold US$801k worth of stock

Chairman exercised options and sold US$454k worth of stock

Here's What Koss Corporation's (NASDAQ:KOSS) Shareholder Ownership Structure Looks Like

Independent Director recently sold US$1.3m worth of stock

Koss family cashes in short squeeze rally: CNBC

Koss Corporation: The Music Is About To Stop

Is Koss (NASDAQ:KOSS) Headed For Trouble?

Second quarter 2021 earnings released: EPS US$0.069 (vs US$0.029 loss in 2Q 2020)

CFO & Secretary exercised options and sold US$79k worth of stock

Koss resumes squeeze stock rally after Robinhood lifts restrictions, Q2 earnings

New 90-day high: US$6.00

New 90-day high: US$3.44