180 Degree Capital Management

Management criteria checks 3/4

180 Degree Capital's CEO is Kevin Rendino, appointed in Mar 2017, has a tenure of 7.67 years. directly owns 7.89% of the company’s shares, worth $2.81M. The average tenure of the management team and the board of directors is 8.7 years and 8.4 years respectively.

Key information

Kevin Rendino

Chief executive officer

US$510.2k

Total compensation

CEO salary percentage	n/a
CEO tenure	7.7yrs
CEO ownership	7.9%
Management average tenure	8.7yrs
Board average tenure	8.4yrs

Recent management updates

Recent updates

Introducing 180 Degree Capital (NASDAQ:TURN), A Stock That Climbed 33% In The Last Five Years

Feb 24

180 Degree Capital announces reverse stock split

Jan 04

180 Degree Capital initiates repurchases & 1-for-3 reverse stock split

Dec 21

180 Degree Capital reports Q3 results

Nov 18

CEO Compensation Analysis

How has Kevin Rendino's remuneration changed compared to 180 Degree Capital's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	-US$17m
Mar 31 2024	n/a	n/a	-US$15m
Dec 31 2023	US$510k	n/a	-US$14m
Sep 30 2023	n/a	n/a	-US$18m
Jun 30 2023	n/a	n/a	-US$23m
Mar 31 2023	n/a	n/a	-US$34m
Dec 31 2022	US$506k	US$415k	-US$45m
Sep 30 2022	n/a	n/a	-US$35m
Jun 30 2022	n/a	n/a	-US$24m
Mar 31 2022	n/a	n/a	-US$5m
Dec 31 2021	US$2m	US$415k	US$14m
Sep 30 2021	n/a	n/a	US$21m
Jun 30 2021	n/a	n/a	US$27m
Mar 31 2021	n/a	n/a	US$14m
Dec 31 2020	US$868k	US$415k	US$1m
Sep 30 2020	n/a	n/a	-US$1m
Jun 30 2020	n/a	n/a	-US$4m
Mar 31 2020	n/a	n/a	US$5m
Dec 31 2019	US$2m	US$415k	US$13m
Sep 30 2019	n/a	n/a	US$5m
Jun 30 2019	n/a	n/a	-US$3m
Mar 31 2019	n/a	n/a	-US$926k
Dec 31 2018	US$488k	US$488k	US$992k
Sep 30 2018	n/a	n/a	US$8m
Jun 30 2018	n/a	n/a	US$14m
Mar 31 2018	n/a	n/a	US$12m
Dec 31 2017	US$1m	US$1m	US$9m

Compensation vs Market: Kevin's total compensation ($USD510.18K) is about average for companies of similar size in the US market ($USD647.72K).

Compensation vs Earnings: Kevin's compensation has increased whilst the company is unprofitable.

CEO

Kevin Rendino (56 yo)

7.7yrs

Tenure

US$510,178

Compensation

Mr. Kevin Michael Rendino is Chairman, Chief Executive Officer and Portfolio Manager of 180 Degree Capital Corp. from March 29, 2017. He joined the 180 Degree Capital Corp. on June 07, 2016. He is Independ...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Kevin Rendino	Chairman	7.7yrs	US$510.18k	7.89% $ 2.8m
Daniel Wolfe	President	15.8yrs	US$485.00k	2.5% $ 891.2k
Robert Bigelow	VP & Head of Fund Development	7.1yrs	US$114.00k	1.21% $ 431.4k
Alicia Gift	Senior Controller	8.4yrs	US$339.06k	0.45% $ 162.1k
Alexei Andreev	Venture Partner	8.9yrs	US$508.00k	no data
Peter Boni	Senior Advisor	no data	no data	no data
Blake Stevens	Senior Associate	no data	no data	no data
Matthew Epstein	Senior Analyst	no data	no data	no data

8.7yrs

Average Tenure

49.5yo

Average Age

Experienced Management: TURN's management team is seasoned and experienced (8.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Kevin Rendino	Chairman	8.4yrs	US$510.18k	7.89% $ 2.8m
Daniel Wolfe	President	7.7yrs	US$485.00k	2.5% $ 891.2k
Richard Shanley	Lead Independent Director	17.7yrs	US$92.50k	0.30% $ 105.4k
Stacy Brandom	Independent Director	10.8yrs	US$67.50k	0.19% $ 66.7k
Parker Weil	Independent Director	7.3yrs	US$72.50k	0.11% $ 39.3k

8.4yrs

Average Tenure

58yo

Average Age

Experienced Board: TURN's board of directors are considered experienced (8.4 years average tenure).

180 Degree Capital Management

Management criteria checks 3/4

Key information

Recent management updates

Chairman recently bought US$81k worth of stock

180 Degree Capital Corp., Annual General Meeting, Apr 15, 2024

Insufficient new directors

VP & Head of Fund Development recently bought US$175k worth of stock

Chairman recently bought US$212k worth of stock

Chairman recently bought US$111k worth of stock

Recent updates

Bending Spoons US Inc. agreed to acquire Brightcove Inc. (NasdaqGS:BCOV) from 180 Degree Capital Corp. (NasdaqGM:TURN) and others for all-cash transaction valued at approximately $230 million.

180 Degree Capital Q3 2024 Shareholder Letter

180 Degree Capital Q2 2024 Shareholder Letter

180 Degree Capital Corp. to Report Q2, 2024 Results on Aug 19, 2024

180 Degree Capital Q1 2024 Shareholder Letter

Chairman recently bought US$81k worth of stock

180 Degree Capital Corp. to Report Q1, 2024 Results on May 13, 2024

180 Degree Capital Corp., Annual General Meeting, Apr 15, 2024

180 Degree Capital Corp. to Report Q4, 2023 Results on Feb 20, 2024

180 Degree Capital Corp. to Report Q3, 2023 Results on Nov 13, 2023

Insufficient new directors

VP & Head of Fund Development recently bought US$175k worth of stock

Chairman recently bought US$212k worth of stock

Chairman recently bought US$111k worth of stock

Chairman recently bought US$54k worth of stock

Chairman recently bought US$54k worth of stock

VP & Head of Fund Development recently bought US$264k worth of stock

180 Degree Capital Corp. to Report Q3, 2022 Results on Nov 07, 2022

180 Degree Capital net asset value projected to drop in Q3

Now 20% undervalued after recent price drop

Chairman recently bought US$60k worth of stock

180 Degree Capital GAAP EPS of $8.35

180 Degree Capital Corp. to Report Q2, 2022 Results on Aug 08, 2022

180 Degree Capital estimates Q2 NAV to decline

180 Degree Capital Corp. to Report Q1, 2022 Results on May 11, 2022

Valo Health, Inc. acquired TARA Biosystems, Inc. from 180 Degree Capital Corp. (NasdaqGM:TURN), Alexandria Venture Investments, LLC, Mérieux Equity Partners SAS, LifeForce Capital, DEFTA Partners, New York City Investment Fund Manager, Inc. and others.

180 Degree Capital Corp., Annual General Meeting, Apr 20, 2022

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

180 Degree Capital Corp. to Report Q4, 2021 Results on Feb 24, 2022

Chairman recently bought US$85k worth of stock

Chairman recently bought US$65k worth of stock

Chairman recently bought US$64k worth of stock

Chairman recently bought US$150k worth of stock

First half 2021 earnings released: EPS US$1.40 (vs US$1.09 loss in 1H 2020)

Chairman recently bought US$67k worth of stock

Zymergen Inc. (NasdaqGS:ZY) acquired Lodo Therapeutics Corp. from Accelerator Life Science Partners I, managed by Accelerator Life Science Partners and others.

Chairman recently bought US$146k worth of stock

180 Degree Capital Corp., Annual General Meeting, Apr 20, 2021

Introducing 180 Degree Capital (NASDAQ:TURN), A Stock That Climbed 33% In The Last Five Years

Full year 2020 earnings released: EPS US$0.10 (vs US$1.27 in FY 2019)

New 90-day high: US$7.35

180 Degree Capital Corp. to Report Q4, 2020 Results on Feb 22, 2021

New 90-day high: US$6.90

New 90-day high: US$6.67

180 Degree Capital announces reverse stock split

Chairman recently bought US$150k worth of stock

New 90-day high: US$2.15

180 Degree Capital initiates repurchases & 1-for-3 reverse stock split

New 90-day high: US$2.03

180 Degree Capital reports Q3 results

180 Degree Capital Corp. to Report Q3, 2020 Results on Nov 18, 2020

New 90-day low: US$1.71

Synacor, Inc. (NasdaqGM:SYNC) entered into a merger agreement to acquire Qumu Corporation (NasdaqCM:QUMU) from 180 Degree Capital Corp. (NasdaqGM:TURN), Harbert Discovery Fund, LP, managed by Harbert Fund Advisors Inc. and others for $33.5 million in a merger of equals transaction.

An unknown buyer acquired Petra Pharma Corporation from 180 Degree Capital Corp. (NasdaqGM:TURN).

180 Degree Capital Corp. to Report Q2, 2020 Results on Aug 10, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age