NewtekOne Management
Management criteria checks 3/4
NewtekOne's CEO is Barry Sloane, appointed in Jan 1999, has a tenure of 25.83 years. total yearly compensation is $700.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 4.46% of the company’s shares, worth $15.30M. The average tenure of the management team and the board of directors is 0.7 years and 8.8 years respectively.
Key information
Barry Sloane
Chief executive officer
US$700.0k
Total compensation
CEO salary percentage | 100.0% |
CEO tenure | 25.8yrs |
CEO ownership | 4.5% |
Management average tenure | less than a year |
Board average tenure | 8.8yrs |
Recent management updates
Recent updates
NewtekOne: Undervalued On 6.5% Dividend Yield, Paltalk Equity, Rate Cut Euphoria
Sep 23NewtekOne: 8.6% Yielding Bonds Make More Sense Than The Stock
Sep 10NewtekOne: The Hybrid Bank Offering 8% Yields On Its Debt
Jul 16Cautious Investors Not Rewarding NewtekOne, Inc.'s (NASDAQ:NEWT) Performance Completely
Jul 16NewtekOne Stock: 10%+ Higher On Q1 Earnings, But Still Cheap?
May 10NewtekOne: Full Steam Ahead
Mar 10Newtek: A Logical Capital Return Framework Would Make Shares Attractive
Sep 25Newtek Business cuts dividend by 13% to $0.65
Aug 30Newtek prices $116.2M of SBA 7(a) unguaranteed loan-backed notes series 2022-1
Aug 24Newtek Business forecasts to pay $1.00-$1.50/share dividend in 2H22
Aug 03The Curious Case Of Newtek Business Services
Jun 24Newtek: 3 Reasons We Are Upgrading This Today
Apr 12CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Jun 30 2024 | n/a | n/a | US$41m |
Mar 31 2024 | n/a | n/a | US$37m |
Dec 31 2023 | US$700k | US$700k | US$46m |
Sep 30 2023 | n/a | n/a | US$32m |
Jun 30 2023 | n/a | n/a | US$34m |
Mar 31 2023 | n/a | n/a | US$41m |
Dec 31 2022 | US$3m | US$700k | US$32m |
Sep 30 2022 | n/a | n/a | US$55m |
Jun 30 2022 | n/a | n/a | US$60m |
Mar 31 2022 | n/a | n/a | US$64m |
Dec 31 2021 | US$4m | US$700k | US$84m |
Sep 30 2021 | n/a | n/a | US$80m |
Jun 30 2021 | n/a | n/a | US$63m |
Mar 31 2021 | n/a | n/a | US$71m |
Dec 31 2020 | US$700k | US$700k | US$34m |
Sep 30 2020 | n/a | n/a | US$30m |
Jun 30 2020 | n/a | n/a | US$42m |
Mar 31 2020 | n/a | n/a | US$25m |
Dec 31 2019 | US$1m | US$700k | US$41m |
Sep 30 2019 | n/a | n/a | US$36m |
Jun 30 2019 | n/a | n/a | US$38m |
Mar 31 2019 | n/a | n/a | US$37m |
Dec 31 2018 | US$2m | US$683k | US$36m |
Sep 30 2018 | n/a | n/a | US$46m |
Jun 30 2018 | n/a | n/a | US$42m |
Mar 31 2018 | n/a | n/a | US$41m |
Dec 31 2017 | US$1m | US$600k | US$39m |
Compensation vs Market: Barry's total compensation ($USD700.00K) is below average for companies of similar size in the US market ($USD2.40M).
Compensation vs Earnings: Barry's compensation has been consistent with company performance over the past year.
CEO
Barry Sloane (64 yo)
25.8yrs
Tenure
US$700,000
Compensation
Mr. Barry Scott Sloane serves as the Chairman and Chief Executive Officer of NewtekOne, Inc. (formerly known as Newtek Business Services Corp.) since 1999 and serves as its President since 2008. He serves...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
President | 25.8yrs | US$700.00k | 4.46% $ 15.3m | |
Chief Financial Officer | 1.5yrs | US$1.07m | 0.11% $ 366.8k | |
Chief Legal Officer | 9.8yrs | US$450.00k | 0.23% $ 800.6k | |
Senior VP & Treasurer | less than a year | US$400.00k | 0.070% $ 238.4k | |
Chief Lending Officer | no data | US$625.00k | 0.35% $ 1.2m | |
Executive VP & Chief Accounting Officer | less than a year | no data | 0.12% $ 426.7k | |
Chief Technology Officer | no data | no data | no data | |
Senior VP of Human Resources | 8.3yrs | no data | 0.12% $ 405.8k | |
Senior VP & Chief Risk Officer | less than a year | no data | no data | |
Chief Strategy Officer | less than a year | no data | no data |
0.7yrs
Average Tenure
46yo
Average Age
Experienced Management: NEWT's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
President | 25.8yrs | US$700.00k | 4.46% $ 15.3m | |
Chief Lending Officer | 10.8yrs | US$625.00k | 0.35% $ 1.2m | |
Senior VP of Human Resources | 3.8yrs | no data | 0.12% $ 405.8k | |
Independent Director | 7.7yrs | US$150.00k | 0.14% $ 482.1k | |
Independent Director | less than a year | US$255.83k | no data | |
Independent Director | 9.8yrs | US$150.00k | 0.13% $ 437.1k | |
Independent Director | 20.8yrs | US$150.00k | 0.18% $ 604.4k | |
Independent Director | 3.2yrs | US$150.00k | 0.18% $ 612.1k |
8.8yrs
Average Tenure
65.5yo
Average Age
Experienced Board: NEWT's board of directors are considered experienced (8.8 years average tenure).