Heritage Global Inc.

NasdaqCM:HGBL Stock Report

Market Cap: US$92.9m

Heritage Global Management

Management criteria checks 2/4

Heritage Global's CEO is Ross Dove, appointed in May 2015, has a tenure of 9.17 years. total yearly compensation is $1.26M, comprised of 33.7% salary and 66.3% bonuses, including company stock and options. directly owns 6.23% of the company’s shares, worth $5.79M. The average tenure of the management team and the board of directors is 3.7 years and 4.1 years respectively.

Key information

Ross Dove

Chief executive officer

US$1.3m

Total compensation

CEO salary percentage33.7%
CEO tenure9.2yrs
CEO ownership6.2%
Management average tenure3.7yrs
Board average tenure4.1yrs

Recent management updates

Recent updates

Is Now The Time To Put Heritage Global (NASDAQ:HGBL) On Your Watchlist?

Aug 13
Is Now The Time To Put Heritage Global (NASDAQ:HGBL) On Your Watchlist?

Analysts Just Shipped A Notable Upgrade To Their Heritage Global Inc. (NASDAQ:HGBL) Estimates

Nov 17
Analysts Just Shipped A Notable Upgrade To Their Heritage Global Inc. (NASDAQ:HGBL) Estimates

Heritage Global anticipates significant net operating growth in 2Q22

Jul 11

Heritage Global: The Earnings Rose Is About To Bloom But Beware The Thorns

Mar 31

Executive Compensation Excesses At Heritage Global

Feb 17

Heritage Global: Strategic Acquisition And Insiders Buying

Sep 08

Heritage Global to join Russell Microcap Index

Jun 16

Heritage Global (HGBL) Investor Presentation - Slideshow

Jan 11

Heritage Global reports Q3 results

Nov 09

CEO Compensation Analysis

How has Ross Dove's remuneration changed compared to Heritage Global's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024n/an/a

US$11m

Dec 31 2023US$1mUS$425k

US$12m

Sep 30 2023n/an/a

US$18m

Jun 30 2023n/an/a

US$18m

Mar 31 2023n/an/a

US$18m

Dec 31 2022US$860kUS$408k

US$15m

Sep 30 2022n/an/a

US$6m

Jun 30 2022n/an/a

US$5m

Mar 31 2022n/an/a

US$3m

Dec 31 2021US$452kUS$350k

US$3m

Sep 30 2021n/an/a

US$8m

Jun 30 2021n/an/a

US$9m

Mar 31 2021n/an/a

US$11m

Dec 31 2020US$412kUS$350k

US$10m

Sep 30 2020n/an/a

US$4m

Jun 30 2020n/an/a

US$4m

Mar 31 2020n/an/a

US$3m

Dec 31 2019US$404kUS$350k

US$4m

Sep 30 2019n/an/a

US$4m

Jun 30 2019n/an/a

US$3m

Mar 31 2019n/an/a

US$3m

Dec 31 2018US$452kUS$350k

US$4m

Sep 30 2018n/an/a

US$3m

Jun 30 2018n/an/a

US$3m

Mar 31 2018n/an/a

US$785k

Dec 31 2017US$364kUS$350k

-US$249k

Compensation vs Market: Ross's total compensation ($USD1.26M) is above average for companies of similar size in the US market ($USD701.01K).

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 (71 yo)

9.2yrs

Tenure

US$1,260,691

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

NamePositionTenureCompensationOwnership
Ross Dove
President9.2yrsUS$1.26m6.23%
$ 5.8m
David Ludwig
President of Financial Assets Division & Director3.8yrsUS$1.71m3.02%
$ 2.8m
Nicholas Dove
President of Industrial Assets Division3.8yrsUS$948.02k0.27%
$ 251.5k
Brian Cobb
Chief Financial Officer3.3yrsno data0.26%
$ 238.7k
James Sklar
Executive VP9.2yrsno data0.77%
$ 713.9k
Raspina Jannesar
Chief Marketing Officer2.3yrsno datano data
Kirk Dove
Founding Partner & Senior Advisor3.5yrsUS$406.00kno data
Gina Griffin
Senior Vice Presidentless than a yearno datano data

3.7yrs

Average Tenure

62yo

Average Age

Experienced Management: HGBL's management team is considered experienced (3.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ross Dove
President9.2yrsUS$1.26m6.23%
$ 5.8m
David Ludwig
President of Financial Assets Division & Director3.3yrsUS$1.71m3.02%
$ 2.8m
Samuel Shimer
Independent Chairman23.3yrsUS$155.05k0.85%
$ 785.9k
William Burnham
Independent Director1.3yrsUS$70.80k0.081%
$ 75.4k
Michael Hexner
Independent Director7.9yrsUS$77.05k0.63%
$ 583.7k
Barbara Sinsley
Independent Director4.1yrsUS$79.30k0.17%
$ 154.2k
Kelly Sharpe
Independent Director3.7yrsUS$138.05k0.15%
$ 140.3k

4.1yrs

Average Tenure

61yo

Average Age

Experienced Board: HGBL's board of directors are considered experienced (4.1 years average tenure).


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