LogicMark Management

Management criteria checks 2/4

LogicMark's CEO is Chia-Lin Simmons, appointed in Jun 2021, has a tenure of 3.42 years. total yearly compensation is $1.09M, comprised of 46.1% salary and 53.9% bonuses, including company stock and options. directly owns 2.53% of the company’s shares, worth $24.22K. The average tenure of the management team and the board of directors is 3.3 years and 2.7 years respectively.

Key information

Chia-Lin Simmons

Chief executive officer

US$1.1m

Total compensation

CEO salary percentage46.1%
CEO tenure3.4yrs
CEO ownership2.5%
Management average tenure3.3yrs
Board average tenure2.7yrs

Recent management updates

Here's Why Shareholders May Want To Be Cautious With Increasing LogicMark, Inc.'s (NASDAQ:LGMK) CEO Pay Packet

Dec 14
Here's Why Shareholders May Want To Be Cautious With Increasing LogicMark, Inc.'s (NASDAQ:LGMK) CEO Pay Packet

Recent updates

Here's Why Shareholders May Want To Be Cautious With Increasing LogicMark, Inc.'s (NASDAQ:LGMK) CEO Pay Packet

Dec 14
Here's Why Shareholders May Want To Be Cautious With Increasing LogicMark, Inc.'s (NASDAQ:LGMK) CEO Pay Packet

LogicMark, Inc.'s (NASDAQ:LGMK) Business And Shares Still Trailing The Industry

Jul 21
LogicMark, Inc.'s (NASDAQ:LGMK) Business And Shares Still Trailing The Industry

LogicMark stock gains on strong Q2 earnings

Aug 12

Companies Like LogicMark (NASDAQ:LGMK) Are In A Position To Invest In Growth

Mar 04
Companies Like LogicMark (NASDAQ:LGMK) Are In A Position To Invest In Growth

Nxt-ID (NASDAQ:NXTD) Is In A Good Position To Deliver On Growth Plans

Nov 18
Nxt-ID (NASDAQ:NXTD) Is In A Good Position To Deliver On Growth Plans

Health Check: How Prudently Does Nxt-ID (NASDAQ:NXTD) Use Debt?

Jul 19
Health Check: How Prudently Does Nxt-ID (NASDAQ:NXTD) Use Debt?

NXT-ID appoints Chia-Lin Simmons as CEO

Jun 17

Nxt-ID prepays $3M of senior secured term loan facility

May 03

A Look At The Fair Value Of Nxt-ID, Inc. (NASDAQ:NXTD)

Mar 29
A Look At The Fair Value Of Nxt-ID, Inc. (NASDAQ:NXTD)

Nxt-ID (NASDAQ:NXTD) Shareholders Have Enjoyed A Whopping 346% Share Price Gain

Mar 01
Nxt-ID (NASDAQ:NXTD) Shareholders Have Enjoyed A Whopping 346% Share Price Gain

Here's Why Nxt-ID (NASDAQ:NXTD) Is Weighed Down By Its Debt Load

Jan 29
Here's Why Nxt-ID (NASDAQ:NXTD) Is Weighed Down By Its Debt Load

A Look At The Fair Value Of Nxt-ID, Inc. (NASDAQ:NXTD)

Dec 24
A Look At The Fair Value Of Nxt-ID, Inc. (NASDAQ:NXTD)

Does Nxt-ID (NASDAQ:NXTD) Have The Makings Of A Multi-Bagger?

Nov 19
Does Nxt-ID (NASDAQ:NXTD) Have The Makings Of A Multi-Bagger?

CEO Compensation Analysis

How has Chia-Lin Simmons's remuneration changed compared to LogicMark's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$16m

Jun 30 2024n/an/a

-US$15m

Mar 31 2024n/an/a

-US$16m

Dec 31 2023US$1mUS$500k

-US$16m

Sep 30 2023n/an/a

-US$8m

Jun 30 2023n/an/a

-US$9m

Mar 31 2023n/an/a

-US$8m

Dec 31 2022US$1mUS$475k

-US$7m

Sep 30 2022n/an/a

-US$11m

Jun 30 2022n/an/a

-US$10m

Mar 31 2022n/an/a

-US$10m

Dec 31 2021US$4mUS$243k

-US$14m

Compensation vs Market: Chia-Lin's total compensation ($USD1.09M) is above average for companies of similar size in the US market ($USD652.28K).

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


CEO

Chia-Lin Simmons (51 yo)

3.4yrs

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

NamePositionTenureCompensationOwnership
Chia-Lin Simmons
President3.4yrsUS$1.09m2.53%
$ 95.7k
Mark Archer
CFO, Secretary & Treasurer3.3yrsUS$665.84k0.83%
$ 31.4k
Kenneth Hoskins
Vice President of Operationsno datano datano data
Garett Hunter
Senior Vice President of Marketing2.1yrsno datano data

3.3yrs

Average Tenure

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


Board Members

NamePositionTenureCompensationOwnership
Chia-Lin Simmons
President3.4yrsUS$1.09m2.53%
$ 95.7k
John Pettitt
Independent Chairman of the Board2.7yrsUS$115.75k0.35%
$ 13.4k
Robert Curtis
Independent Director6.3yrsUS$98.84k0.38%
$ 14.3k
Carine Schneider
Independent Director1.1yrsUS$13.84k0.36%
$ 13.7k
Barbara Gutierrez
Independent Director2.5yrsUS$96.71kno data

2.7yrs

Average Tenure

61yo

Average Age

Experienced Board: LGMK's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.