MDwerks Management

Management criteria checks 2/4

MDwerks' CEO is Steve Laker, appointed in Jul 2022, has a tenure of 2.83 years. total yearly compensation is $398.62K, comprised of 14% salary and 86% bonuses, including company stock and options. directly owns 0.7% of the company’s shares, worth $354.95K. The average tenure of the management team and the board of directors is 2.8 years and 1.4 years respectively.

Key information

Steve Laker

Chief executive officer

US$398.6k

Total compensation

CEO salary percentage13.95%
CEO tenure2.8yrs
CEO ownership0.7%
Management average tenure2.8yrs
Board average tenure1.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Steve Laker's remuneration changed compared to MDwerks's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2025n/an/a

-US$2m

Dec 31 2024US$399kUS$56k

-US$2m

Compensation vs Market: Steve's total compensation ($USD398.62K) is below average for companies of similar size in the US market ($USD644.97K).

Compensation vs Earnings: Insufficient data to compare Steve's compensation with company performance.


CEO

Steve Laker (46 yo)

2.8yrs
Tenure
US$398,618
Compensation

Mr. Steven C. Laker, also known as Steve, is Chief Executive Officer and Director of MDwerks, Inc. from July 21, 2022 and was its Chief Financial Officer from July 21, 2022. He was the Chief Operating Offi...


Leadership Team

NamePositionTenureCompensationOwnership
James Cassidy
Executive Chairman1.4yrsUS$398.62k0.45%
$ 229.0k
Steven Laker
CEO & Director2.8yrsUS$398.62k0.70%
$ 354.9k
David Stephens
Chief Financial Officerless than a yearno data0.068%
$ 34.3k
Joseph Ragazzo
Interim Chief Executive Officer of Two Trees2.8yrsUS$90.36k0%
$ 0
Chad Slagle
Co-Founder & SVP of Product Innovation & Bulk Sales of Two Trees Distilling Companyno dataUS$151.58k5.78%
$ 2.9m
2.8yrs
Average Tenure
52yo
Average Age

Experienced Management: MDWK's management team is considered experienced (2.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
James Cassidy
Executive Chairman1.4yrsUS$398.62k0.45%
$ 229.0k
Steven Laker
CEO & Director2.8yrsUS$398.62k0.70%
$ 354.9k
Richard Blackstone
Independent Directorless than a yearUS$29.17k0.31%
$ 153.8k
Edward Kratovil
Independent Director1.4yrsno datano data
Timothy Brocopp
Independent Directorless than a yearUS$22.38k2.05%
$ 1.0m
1.4yrs
Average Tenure
61yo
Average Age

Experienced Board: MDWK's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/29 23:34
End of Day Share Price 2025/05/29 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

MDwerks, Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.