PhenixFIN Corporation

NasdaqGM:PFX Stock Report

Market Cap: US$93.8m

PhenixFIN Management

Management criteria checks 3/4

PhenixFIN's CEO is David Lorber, appointed in Jan 2021, has a tenure of 3.33 years. directly owns 6.18% of the company’s shares, worth $5.79M. The average tenure of the management team and the board of directors is 3.3 years and 5.1 years respectively.

Key information

David Lorber

Chief executive officer

US$1.9m

Total compensation

CEO salary percentagen/a
CEO tenure3.3yrs
CEO ownership6.2%
Management average tenure3.3yrs
Board average tenure5.1yrs

Recent management updates

Recent updates

PhenixFIN GAAP NII of $0.09, total investment income of $3.7M beats by $0.15M

Aug 10

If You Had Bought PhenixFIN's (NASDAQ:PFX) Shares Five Years Ago You Would Be Down 77%

Jan 14
If You Had Bought PhenixFIN's (NASDAQ:PFX) Shares Five Years Ago You Would Be Down 77%

PhenixFin, formerly Medley Capital, adopts $15M stock buyback program

Jan 11

Medley Capital transfers listing from NYSE to NASDAQ

Dec 22

Medley Capital net investment loss shrinks, NAV rises in fiscal Q4

Dec 11

CEO Compensation Analysis

How has David Lorber's remuneration changed compared to PhenixFIN's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024n/an/a

US$26m

Dec 31 2023n/an/a

US$28m

Sep 30 2023US$2mn/a

US$27m

Jun 30 2023n/an/a

US$15m

Mar 31 2023n/an/a

-US$3m

Dec 31 2022n/an/a

-US$7m

Sep 30 2022US$1mUS$495k

-US$6m

Jun 30 2022n/an/a

-US$8m

Mar 31 2022n/an/a

US$8m

Dec 31 2021n/an/a

US$13m

Sep 30 2021US$879kUS$315k

US$1m

Jun 30 2021n/an/a

US$10m

Mar 31 2021n/an/a

US$10m

Dec 31 2020n/an/a

-US$76m

Sep 30 2020US$388kn/a

-US$66m

Jun 30 2020n/an/a

-US$99m

Mar 31 2020n/an/a

-US$137m

Dec 31 2019n/an/a

-US$82m

Sep 30 2019US$205kn/a

-US$97m

Compensation vs Market: David's total compensation ($USD1.93M) is above average for companies of similar size in the US market ($USD663.45K).

Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.


CEO

David Lorber (45 yo)

3.3yrs

Tenure

US$1,925,000

Compensation

Mr. David Aaron Lorber is Director of ECC Capital Corporation from April 2024. Mr. David serves as Independent Director at GSR II Meteora Acquisition Corp. since February 2022. He is a Co-Founder, Managing...


Leadership Team

NamePositionTenureCompensationOwnership
David Lorber
Chairman & CEO3.3yrsUS$1.93m6.18%
$ 5.8m
Ellida McMillan
Chief Financial Officerno dataUS$890.00k0.065%
$ 60.8k
Ryan Phalen
Managing Directorno datano datano data
Gerald Cummins
Chief Compliance Officerno datano datano data
Chris Cannellos
Controller1.3yrsno datano data
Joshua Coleman
Vice President5.7yrsno datano data
Benjamin Tilewick
Senior Investment Analystno datano datano data

3.3yrs

Average Tenure

Experienced Management: PFX's management team is considered experienced (3.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
David Lorber
Chairman & CEO5.1yrsUS$1.93m6.18%
$ 5.8m
Howard Amster
Independent Director3.8yrsUS$153.83k13.13%
$ 12.3m
Lowell Robinson
Independent Director5.1yrsUS$172.83k0.049%
$ 45.5k
Arthur Ainsberg
Lead Independent Director12.5yrsUS$213.33k0.049%
$ 45.5k
Karin Hirtler-Garvey
Independent Director13.3yrsUS$188.83k0.049%
$ 45.5k

5.1yrs

Average Tenure

74yo

Average Age

Experienced Board: PFX's board of directors are considered experienced (5.1 years average tenure).


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