Harbor Custom Development Management
Management criteria checks 2/4
Harbor Custom Development's CEO is Jeff Habersetzer, appointed in Dec 2019, has a tenure of 4.42 years. total yearly compensation is $460.95K, comprised of 63.1% salary and 36.9% bonuses, including company stock and options. directly owns 0.065% of the company’s shares, worth $27.43. The average tenure of the management team and the board of directors is 0.8 years and 2.8 years respectively.
Key information
Jeff Habersetzer
Chief executive officer
US$460.9k
Total compensation
| CEO salary percentage | 63.1% |
| CEO tenure | 4.4yrs |
| CEO ownership | 0.07% |
| Management average tenure | less than a year |
| Board average tenure | 2.8yrs |
Recent management updates
Recent updates
The Return Trends At Harbor Custom Development (NASDAQ:HCDI) Look Promising
Mar 01
Investors Will Want Harbor Custom Development's (NASDAQ:HCDI) Growth In ROCE To Persist
Oct 29Harbor Custom Development GAAP EPS of -$0.46, revenue of $10.3M
Aug 15Harbor Custom Development's (NASDAQ:HCDI) Solid Profits Have Weak Fundamentals
May 11Harbor Custom Development Preferred: A 13.1% Yielder
Apr 05Returns On Capital Are Showing Encouraging Signs At Harbor Custom Development (NASDAQ:HCDI)
Dec 17Harbor Custom Development, Inc.'s (NASDAQ:HCDI) 28% Share Price Surge Not Quite Adding Up
Nov 20Subdued Growth No Barrier To Harbor Custom Development, Inc. (NASDAQ:HCDI) With Shares Advancing 28%
Nov 20Harbor Custom Development Preferred: A Speculative 13.2% Yielder In The Red Hot Housing Sector
Nov 02Harbor Custom Development closes 23 developed single family lots for $1.72M
Apr 27Harbor Custom drops 13% after pricing stock offering
Jan 13CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$461k | US$291k | -US$76m |
| Sep 30 2023 | n/a | n/a | -US$46m |
| Jun 30 2023 | n/a | n/a | -US$31m |
| Mar 31 2023 | n/a | n/a | -US$31m |
| Dec 31 2022 | US$543k | US$380k | -US$25m |
| Sep 30 2022 | n/a | n/a | -US$8m |
| Jun 30 2022 | n/a | n/a | -US$64k |
| Mar 31 2022 | n/a | n/a | US$7m |
| Dec 31 2021 | US$353k | US$199k | US$6m |
| Sep 30 2021 | n/a | n/a | US$546k |
| Jun 30 2021 | n/a | n/a | -US$3m |
| Mar 31 2021 | n/a | n/a | -US$4m |
| Dec 31 2020 | US$179k | US$124k | -US$4m |
Compensation vs Market: Jeff's total compensation ($USD460.95K) is below average for companies of similar size in the US market ($USD667.63K).
Compensation vs Earnings: Jeff's compensation has been consistent with company performance over the past year.
CEO
Jeff Habersetzer (32 yo)
4.4yrs
Tenure
US$460,949
Compensation
Mr. Jeffrey B. Habersetzer, also known as Jeff, serves as Interim CEO and President at Harbor Custom Development, Inc. since July 12, 2023 and has been its Chief Operating Officer since June 2, 2021 and se...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Interim CEO | 4.4yrs | US$460.95k | 0.065% $ 27.4 | |
| Chief Accounting Officer | 2.3yrs | US$194.64k | 0% $ 0 | |
| Non-Executive Strategic Advisor | less than a year | US$696.48k | 4.96% $ 2.1k | |
| Chief Restructuring Officer | less than a year | US$622.45k | no data | |
| Vice President of Marketing | less than a year | no data | no data | |
| Corporate Secretary & Corporate Counsel | less than a year | no data | no data |
0.8yrs
Average Tenure
48.5yo
Average Age
Experienced Management: HCDI.Q's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | less than a year | US$19.11k | no data | |
| Lead Independent Director | 2.9yrs | US$50.00k | 0.019% $ 7.8 | |
| Independent Director | 3.6yrs | US$56.09k | 0.069% $ 28.9 | |
| Independent Director | 2.7yrs | US$35.00k | 0.037% $ 15.7 |
2.8yrs
Average Tenure
57.5yo
Average Age
Experienced Board: HCDI.Q's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.