ToughBuilt Industries Management
Management criteria checks 4/4
We currently do not have sufficient information about the CEO.
Key information
Michael Panosian
Chief executive officer
US$785.5k
Total compensation
| CEO salary percentage | 82.7% |
| CEO tenure | 12.8yrs |
| CEO ownership | n/a |
| Management average tenure | 12.8yrs |
| Board average tenure | 5.4yrs |
Recent management updates
Recent updates
ToughBuilt: Too Tough To Write It Off Yet, Here's Why
Oct 17ToughBuilt Industries adds new distributors in Germany
Oct 05ToughBuilt Industries adds two wholesale tool distributors in Switzerland
Sep 22ToughBuilt Stock: The Business Has Real Value, But Still Has Work To Do
Sep 06ToughBuilt Industries GAAP EPS of -$9.45, revenue of $17.9M
Aug 19ToughBuilt signs supply agreement with hardware distributor and hardware super-cooperative
Aug 08ToughBuilt stock gains on launch of 93 products on Amazon Italy, Germany
Aug 01ToughBuilt Industries to raise $20M in stock offering alongwith preferred investment options
Jul 25ToughBuilt generates $3.56M in Q2 gross sales through Amazon
Jul 11ToughBuilt: Poor Expense Management Has Turned A Great Business Into A Poor Stock
Feb 04Rainbows and Unicorns: The ToughBuilt Industries, Inc. (NASDAQ:TBLT) Analyst Just Became A Lot More Optimistic
Dec 03
Is ToughBuilt Stock A Good Stock To Buy Or Sell? It's A Huge Gamble, So Probably Both
Jul 23CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2023 | n/a | n/a | -US$51m |
| Jun 30 2023 | n/a | n/a | -US$37m |
| Mar 31 2023 | n/a | n/a | -US$43m |
| Dec 31 2022 | US$1m | US$635k | -US$47m |
| Sep 30 2022 | n/a | n/a | -US$39m |
| Jun 30 2022 | n/a | n/a | -US$48m |
| Mar 31 2022 | n/a | n/a | -US$44m |
| Dec 31 2021 | US$465k | US$435k | -US$38m |
| Sep 30 2021 | n/a | n/a | -US$34m |
| Jun 30 2021 | n/a | n/a | -US$25m |
| Mar 31 2021 | n/a | n/a | -US$20m |
| Dec 31 2020 | US$463k | US$445k | -US$19m |
| Sep 30 2020 | n/a | n/a | -US$10m |
| Jun 30 2020 | n/a | n/a | -US$12m |
| Mar 31 2020 | n/a | n/a | -US$10m |
| Dec 31 2019 | US$429k | US$385k | -US$6m |
| Sep 30 2019 | n/a | n/a | -US$29m |
| Jun 30 2019 | n/a | n/a | -US$30m |
| Mar 31 2019 | n/a | n/a | -US$33m |
| Dec 31 2018 | US$890k | US$276k | -US$32m |
| Sep 30 2018 | n/a | n/a | -US$8m |
| Jun 30 2018 | n/a | n/a | -US$7m |
| Mar 31 2018 | n/a | n/a | -US$5m |
| Dec 31 2017 | US$863k | US$350k | -US$6m |
Compensation vs Market: Michael's total compensation ($USD785.54K) is about average for companies of similar size in the US market ($USD653.78K).
Compensation vs Earnings: Michael's compensation has been consistent with company performance over the past year.
CEO
Michael Panosian (60 yo)
12.8yrs
Tenure
US$785,540
Compensation
Mr. Michael Panosian Co-Founded ToughBuilt Industries, Inc. in 2012 and serves as its Chief Executive Officer and President since 2012 and also serves as its Chairman and has been its Director since Januar...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 12.8yrs | US$785.54k | no data | |
| Co-Founder | 12.8yrs | US$563.14k | 0% $ 0 | |
| CFO and Principal Financial & Accounting Officer | 4.3yrs | US$355.09k | 0% $ 0 | |
| COO & Secretary | no data | US$355.09k | 0% $ 0 | |
| General Counsel | no data | no data | no data |
12.8yrs
Average Tenure
59yo
Average Age
Experienced Management: TBLT's management team is seasoned and experienced (12.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 12.8yrs | US$785.54k | no data | |
| Co-Founder | 5.4yrs | US$563.14k | 0% $ 0 | |
| Independent Director | 6yrs | US$75.00k | no data | |
| Independent Director | less than a year | no data | no data | |
| Director | less than a year | no data | no data |
5.4yrs
Average Tenure
57.5yo
Average Age
Experienced Board: TBLT's board of directors are considered experienced (5.4 years average tenure).