Heritage Global Management
Management criteria checks 2/4
Heritage Global's CEO is Ross Dove, appointed in May 2015, has a tenure of 9.58 years. total yearly compensation is $1.26M, comprised of 33.7% salary and 66.3% bonuses, including company stock and options. directly owns 6.34% of the company’s shares, worth $4.03M. The average tenure of the management team and the board of directors is 4.1 years and 4.5 years respectively.
Key information
Ross Dove
Chief executive officer
US$1.3m
Total compensation
| CEO salary percentage | 33.7% |
| CEO tenure | 9.6yrs |
| CEO ownership | 6.3% |
| Management average tenure | 4.1yrs |
| Board average tenure | 4.5yrs |
Recent management updates
Recent updates
Heritage Global Inc. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Nov 10
Earnings Working Against Heritage Global Inc.'s (NASDAQ:HGBL) Share Price Following 26% Dive
Aug 14Is Now The Time To Put Heritage Global (NASDAQ:HGBL) On Your Watchlist?
Aug 13Analysts 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 |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$10m |
| Jun 30 2024 | n/a | n/a | US$11m |
| Mar 31 2024 | n/a | n/a | US$11m |
| Dec 31 2023 | US$1m | US$425k | 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$860k | 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$249k |
Compensation vs Market: Ross's total compensation ($USD1.26M) is above average for companies of similar size in the US market ($USD649.63K).
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)
9.6yrs
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 9.6yrs | US$1.26m | 6.34% $ 4.0m | |
| President of Financial Assets Division & Director | 4.3yrs | US$1.71m | 2.96% $ 1.9m | |
| President of Industrial Assets Division | 4.3yrs | US$948.02k | 0.28% $ 175.0k | |
| Chief Financial Officer | 3.8yrs | no data | 0.26% $ 166.1k | |
| Executive VP | 9.6yrs | no data | 0.78% $ 496.8k | |
| Chief Marketing Officer | 2.8yrs | no data | no data | |
| Founding Partner & Senior Advisor | 3.9yrs | US$406.00k | no data | |
| Senior Vice President | 1.1yrs | no data | no data |
4.1yrs
Average Tenure
62yo
Average Age
Experienced Management: HGBL's management team is considered experienced (4.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 9.6yrs | US$1.26m | 6.34% $ 4.0m | |
| President of Financial Assets Division & Director | 3.8yrs | US$1.71m | 2.96% $ 1.9m | |
| Independent Chairman | 23.7yrs | US$155.05k | 0.86% $ 546.9k | |
| Independent Director | 1.7yrs | US$70.80k | 0.083% $ 52.5k | |
| Independent Director | 8.3yrs | US$77.05k | 0.64% $ 406.2k | |
| Independent Director | 4.5yrs | US$79.30k | 0.17% $ 107.3k | |
| Independent Director | 4.1yrs | US$138.05k | 0.15% $ 97.6k |
4.5yrs
Average Tenure
61yo
Average Age
Experienced Board: HGBL's board of directors are considered experienced (4.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 23:11 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Heritage Global Inc. is covered by 4 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Michael Shlisky | Colliers Securities |
| George Sutton | Craig-Hallum Capital Group LLC |
| Mark Argento | Lake Street Capital Markets, LLC |