LogicMark Management
Management criteria checks 2/4
LogicMark's CEO is Chia-Lin Simmons, appointed in Jun 2021, has a tenure of 2.92 years. total yearly compensation is $1.09M, comprised of 46.1% salary and 53.9% bonuses, including company stock and options. directly owns 6% of the company’s shares, worth $108.02K. The average tenure of the management team and the board of directors is 2.8 years and 2.2 years respectively.
Key information
Chia-Lin Simmons
Chief executive officer
US$1.1m
Total compensation
| CEO salary percentage | 46.1% |
| CEO tenure | 2.9yrs |
| CEO ownership | 6.0% |
| Management average tenure | 2.8yrs |
| Board average tenure | 2.2yrs |
Recent management updates
Recent updates
Here's Why Shareholders May Want To Be Cautious With Increasing LogicMark, Inc.'s (NASDAQ:LGMK) CEO Pay Packet
Dec 14
LogicMark, 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 |
|---|---|---|---|
| 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 ($USD667.63K).
Compensation vs Earnings: Chia-Lin's compensation has been consistent with company performance over the past year.
CEO
Chia-Lin Simmons (50 yo)
2.9yrs
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 | 2.9yrs | US$1.09m | 6% $ 108.0k | |
| CFO, Secretary & Treasurer | 2.8yrs | US$665.84k | 1.31% $ 23.6k | |
| Vice President of Operations | no data | no data | no data | |
| Senior Vice President of Marketing | 1.6yrs | no data | no data |
2.8yrs
Average Tenure
Experienced Management: LGMK's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.9yrs | US$1.09m | 6% $ 108.0k | |
| Independent Chairman of the Board | 2.2yrs | US$115.75k | 0% $ 0 | |
| Independent Director | 5.8yrs | US$98.84k | 0.063% $ 1.1k | |
| Independent Director | less than a year | US$13.84k | 0.023% $ 410.0 | |
| Independent Director | 2yrs | US$96.71k | 0% $ 0 |
2.2yrs
Average Tenure
60yo
Average Age
Experienced Board: LGMK's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.