Heritage Global Management
Management criteria checks 2/4
Heritage Global's CEO is Ross Dove, appointed in May 2015, has a tenure of 8.92 years. total yearly compensation is $1.01M, comprised of 40.5% salary and 59.5% bonuses, including company stock and options. directly owns 6.26% of the company’s shares, worth $5.99M. The average tenure of the management team and the board of directors is 3.4 years and 3.8 years respectively.
Key information
Ross Dove
Chief executive officer
US$1.0m
Total compensation
| CEO salary percentage | 40.5% |
| CEO tenure | 8.9yrs |
| CEO ownership | 6.3% |
| Management average tenure | 3.4yrs |
| Board average tenure | 3.8yrs |
Recent management updates
Recent updates
Is Now The Time To Put Heritage Global (NASDAQ:HGBL) On Your Watchlist?
Aug 13
Analysts Just Shipped A Notable Upgrade To Their Heritage Global Inc. (NASDAQ:HGBL) Estimates
Nov 17Heritage Global anticipates significant net operating growth in 2Q22
Jul 11Heritage Global: The Earnings Rose Is About To Bloom But Beware The Thorns
Mar 31Executive Compensation Excesses At Heritage Global
Feb 17Heritage Global: Strategic Acquisition And Insiders Buying
Sep 08Heritage Global to join Russell Microcap Index
Jun 16Heritage Global (HGBL) Investor Presentation - Slideshow
Jan 11Heritage Global reports Q3 results
Nov 09CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | US$12m |
| Sep 30 2023 | n/a | n/a | US$18m |
| Jun 30 2023 | n/a | n/a | US$18m |
| Mar 31 2023 | n/a | n/a | US$18m |
| Dec 31 2022 | US$1m | US$408k | US$15m |
| Sep 30 2022 | n/a | n/a | US$6m |
| Jun 30 2022 | n/a | n/a | US$5m |
| Mar 31 2022 | n/a | n/a | US$3m |
| Dec 31 2021 | US$452k | US$350k | US$3m |
| Sep 30 2021 | n/a | n/a | US$8m |
| Jun 30 2021 | n/a | n/a | US$9m |
| Mar 31 2021 | n/a | n/a | US$11m |
| Dec 31 2020 | US$412k | US$350k | US$10m |
| Sep 30 2020 | n/a | n/a | US$4m |
| Jun 30 2020 | n/a | n/a | US$4m |
| Mar 31 2020 | n/a | n/a | US$3m |
| Dec 31 2019 | US$404k | US$350k | US$4m |
| Sep 30 2019 | n/a | n/a | US$4m |
| Jun 30 2019 | n/a | n/a | US$3m |
| Mar 31 2019 | n/a | n/a | US$3m |
| Dec 31 2018 | US$452k | US$350k | US$4m |
| Sep 30 2018 | n/a | n/a | US$3m |
| Jun 30 2018 | n/a | n/a | US$3m |
| Mar 31 2018 | n/a | n/a | US$785k |
| Dec 31 2017 | US$364k | US$350k | -US$249k |
Compensation vs Market: Ross's total compensation ($USD1.01M) is above average for companies of similar size in the US market ($USD674.64K).
Compensation vs Earnings: Ross's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Ross Dove (70 yo)
8.9yrs
Tenure
US$1,006,337
Compensation
Mr. Ross M. Dove serves as Global Chief Executive Officer of Heritage Global Inc. since January 1, 2021 and serves as its President. He has served as Co-Managing Partner of Heritage Global Partners, Inc.,...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 8.9yrs | US$1.01m | 6.26% $ 6.0m | |
| President of Financial Assets Division & Director | 3.6yrs | US$1.11m | 2.83% $ 2.7m | |
| President of Industrial Assets Division | 3.6yrs | US$1.11m | 0.27% $ 260.0k | |
| Chief Financial Officer | 3.1yrs | no data | 0.26% $ 246.8k | |
| Executive VP | 8.9yrs | no data | 0.77% $ 738.1k | |
| Chief Marketing Officer | 2.1yrs | no data | no data | |
| Founding Partner & Senior Advisor | 3.3yrs | US$406.00k | no data | |
| Senior Vice President | less than a year | no data | no data |
3.4yrs
Average Tenure
61yo
Average Age
Experienced Management: HGBL's management team is considered experienced (3.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 8.9yrs | US$1.01m | 6.26% $ 6.0m | |
| President of Financial Assets Division & Director | 3.1yrs | US$1.11m | 2.83% $ 2.7m | |
| Independent Chairman | 23yrs | US$143.13k | 0.85% $ 812.5k | |
| Independent Director | less than a year | no data | 0.082% $ 78.0k | |
| Independent Director | 7.7yrs | US$77.13k | 0.63% $ 603.5k | |
| Independent Director | 3.8yrs | US$83.13k | 0.17% $ 159.4k | |
| Independent Director | 3.4yrs | US$132.13k | 0.15% $ 145.1k |
3.8yrs
Average Tenure
59yo
Average Age
Experienced Board: HGBL's board of directors are considered experienced (3.8 years average tenure).