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 percentage100.0%
CEO tenure25.8yrs
CEO ownership4.5%
Management average tenureless than a year
Board average tenure8.8yrs

Recent management updates

Recent updates

NewtekOne: Undervalued On 6.5% Dividend Yield, Paltalk Equity, Rate Cut Euphoria

Sep 23

NewtekOne: 8.6% Yielding Bonds Make More Sense Than The Stock

Sep 10

NewtekOne: The Hybrid Bank Offering 8% Yields On Its Debt

Jul 16

Cautious Investors Not Rewarding NewtekOne, Inc.'s (NASDAQ:NEWT) Performance Completely

Jul 16
Cautious Investors Not Rewarding NewtekOne, Inc.'s (NASDAQ:NEWT) Performance Completely

NewtekOne Stock: 10%+ Higher On Q1 Earnings, But Still Cheap?

May 10

NewtekOne: Full Steam Ahead

Mar 10

Newtek: A Logical Capital Return Framework Would Make Shares Attractive

Sep 25

Newtek Business cuts dividend by 13% to $0.65

Aug 30

Newtek prices $116.2M of SBA 7(a) unguaranteed loan-backed notes series 2022-1

Aug 24

Newtek Business forecasts to pay $1.00-$1.50/share dividend in 2H22

Aug 03

The Curious Case Of Newtek Business Services

Jun 24

Newtek: 3 Reasons We Are Upgrading This Today

Apr 12

CEO Compensation Analysis

How has Barry Sloane's remuneration changed compared to NewtekOne's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

US$41m

Mar 31 2024n/an/a

US$37m

Dec 31 2023US$700kUS$700k

US$46m

Sep 30 2023n/an/a

US$32m

Jun 30 2023n/an/a

US$34m

Mar 31 2023n/an/a

US$41m

Dec 31 2022US$3mUS$700k

US$32m

Sep 30 2022n/an/a

US$55m

Jun 30 2022n/an/a

US$60m

Mar 31 2022n/an/a

US$64m

Dec 31 2021US$4mUS$700k

US$84m

Sep 30 2021n/an/a

US$80m

Jun 30 2021n/an/a

US$63m

Mar 31 2021n/an/a

US$71m

Dec 31 2020US$700kUS$700k

US$34m

Sep 30 2020n/an/a

US$30m

Jun 30 2020n/an/a

US$42m

Mar 31 2020n/an/a

US$25m

Dec 31 2019US$1mUS$700k

US$41m

Sep 30 2019n/an/a

US$36m

Jun 30 2019n/an/a

US$38m

Mar 31 2019n/an/a

US$37m

Dec 31 2018US$2mUS$683k

US$36m

Sep 30 2018n/an/a

US$46m

Jun 30 2018n/an/a

US$42m

Mar 31 2018n/an/a

US$41m

Dec 31 2017US$1mUS$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

NamePositionTenureCompensationOwnership
Barry Sloane
President25.8yrsUS$700.00k4.46%
$ 15.3m
Michael Price
Chief Financial Officer1.5yrsUS$1.07m0.11%
$ 366.8k
Michael Schwartz
Chief Legal Officer9.8yrsUS$450.00k0.23%
$ 800.6k
Nicholas Leger
Senior VP & Treasurerless than a yearUS$400.00k0.070%
$ 238.4k
Peter Downs
Chief Lending Officerno dataUS$625.00k0.35%
$ 1.2m
Frank DeMaria
Executive VP & Chief Accounting Officerless than a yearno data0.12%
$ 426.7k
Ron Lay
Chief Technology Officerno datano datano data
Halli Razon-Feingold
Senior VP of Human Resources8.3yrsno data0.12%
$ 405.8k
Taylor Quinn
Senior VP & Chief Risk Officerless than a yearno datano data
Andrew Kaplan
Chief Strategy Officerless than a yearno datano 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

NamePositionTenureCompensationOwnership
Barry Sloane
President25.8yrsUS$700.00k4.46%
$ 15.3m
Peter Downs
Chief Lending Officer10.8yrsUS$625.00k0.35%
$ 1.2m
Halli Razon-Feingold
Senior VP of Human Resources3.8yrsno data0.12%
$ 405.8k
Gregory Zink
Independent Director7.7yrsUS$150.00k0.14%
$ 482.1k
Craig Brunet
Independent Directorless than a yearUS$255.83kno data
Richard Salute
Independent Director9.8yrsUS$150.00k0.13%
$ 437.1k
Salvatore Mulia
Independent Director20.8yrsUS$150.00k0.18%
$ 604.4k
Fernando Perez-Hickman
Independent Director3.2yrsUS$150.00k0.18%
$ 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).