LogicMark Management
Management criteria checks 2/4
LogicMark's CEO is Chia-Lin Simmons, appointed in Jun 2021, has a tenure of 3.58 years. total yearly compensation is $1.09M, comprised of 46.1% salary and 53.9% bonuses, including company stock and options. directly owns 0.33% of the company’s shares, worth $9.19K. The average tenure of the management team and the board of directors is 3.5 years and 2.8 years respectively.
Key information
Chia-Lin Simmons
Chief executive officer
US$1.1m
Total compensation
| CEO salary percentage | 46.1% |
| CEO tenure | 3.6yrs |
| CEO ownership | 0.3% |
| Management average tenure | 3.5yrs |
| Board average tenure | 2.8yrs |
Recent management updates
Recent updates
Why Investors Shouldn't Be Surprised By LogicMark, Inc.'s (NASDAQ:LGMK) 31% Share Price Plunge
Dec 08
Here's Why Shareholders May Want To Be Cautious With Increasing LogicMark, Inc.'s (NASDAQ:LGMK) CEO Pay Packet
Dec 14LogicMark, Inc.'s (NASDAQ:LGMK) Business And Shares Still Trailing The Industry
Jul 21LogicMark stock gains on strong Q2 earnings
Aug 12Companies Like LogicMark (NASDAQ:LGMK) Are In A Position To Invest In Growth
Mar 04Nxt-ID (NASDAQ:NXTD) Is In A Good Position To Deliver On Growth Plans
Nov 18Health Check: How Prudently Does Nxt-ID (NASDAQ:NXTD) Use Debt?
Jul 19NXT-ID appoints Chia-Lin Simmons as CEO
Jun 17Nxt-ID prepays $3M of senior secured term loan facility
May 03A Look At The Fair Value Of Nxt-ID, Inc. (NASDAQ:NXTD)
Mar 29Nxt-ID (NASDAQ:NXTD) Shareholders Have Enjoyed A Whopping 346% Share Price Gain
Mar 01Here's Why Nxt-ID (NASDAQ:NXTD) Is Weighed Down By Its Debt Load
Jan 29
A Look At The Fair Value Of Nxt-ID, Inc. (NASDAQ:NXTD)
Dec 24Does Nxt-ID (NASDAQ:NXTD) Have The Makings Of A Multi-Bagger?
Nov 19CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$16m |
| Jun 30 2024 | n/a | n/a | -US$15m |
| Mar 31 2024 | n/a | n/a | -US$16m |
| Dec 31 2023 | US$1m | US$500k | -US$16m |
| Sep 30 2023 | n/a | n/a | -US$8m |
| Jun 30 2023 | n/a | n/a | -US$9m |
| Mar 31 2023 | n/a | n/a | -US$8m |
| Dec 31 2022 | US$1m | US$475k | -US$7m |
| Sep 30 2022 | n/a | n/a | -US$11m |
| Jun 30 2022 | n/a | n/a | -US$10m |
| Mar 31 2022 | n/a | n/a | -US$10m |
| Dec 31 2021 | US$4m | US$243k | -US$14m |
Compensation vs Market: Chia-Lin's total compensation ($USD1.09M) is above average for companies of similar size in the US market ($USD649.25K).
Compensation vs Earnings: Chia-Lin's compensation has been consistent with company performance over the past year.
CEO
Chia-Lin Simmons (51 yo)
3.6yrs
Tenure
US$1,085,709
Compensation
Ms. Chia-Lin Simmons has been Chief Executive Officer and Director of LogicMark, Inc. (formerly known as Nxt-ID, Inc.) since June 14, 2021 and also serves as its President. Ms. Simmons was Secretary of Log...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.6yrs | US$1.09m | 0.33% $ 9.2k | |
| CFO, Secretary & Treasurer | 3.5yrs | US$665.84k | 0.11% $ 3.0k | |
| Vice President of Operations | no data | no data | no data | |
| Senior Vice President of Marketing | 2.3yrs | no data | no data |
3.5yrs
Average Tenure
Experienced Management: LGMK's management team is considered experienced (3.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.6yrs | US$1.09m | 0.33% $ 9.2k | |
| Independent Chairman of the Board | 2.8yrs | US$115.75k | 0.046% $ 1.3k | |
| Independent Director | 6.5yrs | US$98.84k | 0.049% $ 1.4k | |
| Independent Director | 1.3yrs | US$13.84k | 0.048% $ 1.3k | |
| Independent Director | 2.7yrs | US$96.71k | no data |
2.8yrs
Average Tenure
61yo
Average Age
Experienced Board: LGMK's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 08:19 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
Analysis Model and Snowflake
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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 .
Analyst Sources
LogicMark, Inc. is covered by 4 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.
| Analyst | Institution |
|---|---|
| Ashok Kumar | Aegis Capital Corporation |
| Daniel Kurnos | Benchmark Company |
| Michael Latimore | Northland Capital Markets |