Innovative Eyewear, Inc.

NasdaqCM:LUCY Stock Report

Market Cap: US$16.7m

Innovative Eyewear Management

Management criteria checks 2/4

Innovative Eyewear's CEO is Harrison Gross, appointed in Aug 2019, has a tenure of 5.25 years. total yearly compensation is $289.45K, comprised of 53.2% salary and 46.8% bonuses, including company stock and options. directly owns 0.021% of the company’s shares, worth $3.48K. The average tenure of the management team and the board of directors is 0.8 years and 3.3 years respectively.

Key information

Harrison Gross

Chief executive officer

US$289.4k

Total compensation

CEO salary percentage53.2%
CEO tenure5.3yrs
CEO ownership0.02%
Management average tenureless than a year
Board average tenure3.3yrs

Recent management updates

Recent updates

Innovative Eyewear announces smart eyewear licensing agreement with Nautica

Oct 03

CEO Compensation Analysis

How has Harrison Gross's remuneration changed compared to Innovative Eyewear's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$8m

Jun 30 2024n/an/a

-US$8m

Mar 31 2024n/an/a

-US$7m

Dec 31 2023US$289kUS$154k

-US$7m

Sep 30 2023n/an/a

-US$6m

Jun 30 2023n/an/a

-US$6m

Mar 31 2023n/an/a

-US$6m

Dec 31 2022US$115kUS$115k

-US$6m

Sep 30 2022n/an/a

-US$5m

Jun 30 2022n/an/a

-US$5m

Mar 31 2022n/an/a

-US$4m

Dec 31 2021US$2mUS$70k

-US$3m

Sep 30 2021n/an/a

-US$2m

Jun 30 2021n/an/a

-US$1m

Mar 31 2021n/an/a

-US$797k

Dec 31 2020US$293kUS$42k

-US$768k

Dec 31 2019US$112kUS$42k

-US$263k

Compensation vs Market: Harrison's total compensation ($USD289.45K) is below average for companies of similar size in the US market ($USD653.78K).

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


CEO

Harrison Gross (31 yo)

5.3yrs

Tenure

US$289,447

Compensation

Mr. Harrison Reed Gross is Co-founder of Innovative Eyewear, Inc. and has been its Chief Executive Officer and director since August 2019. Prior to his employment at Innovative Eyewear, from August 2017 to...


Leadership Team

NamePositionTenureCompensationOwnership
Harrison Gross
Co-Founder5.3yrsUS$289.45k0.021%
$ 3.5k
Konrad Dabrowski
Co-CFO & Co-Founderless than a yearUS$226.80k0%
$ 0
David Cohen
Co-Founder & CTO5.2yrsUS$225.63k0%
$ 0
Oswald Gayle
Co-Chief Financial Officerless than a yearno datano data
Jaoquin Abondano
Chief Operating Officerless than a yearno datano data

0.8yrs

Average Tenure

41yo

Average Age

Experienced Management: LUCY's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Harrison Gross
Co-Founder5.3yrsUS$289.45k0.021%
$ 3.5k
Louis Castro
Independent Director3.3yrsUS$65.69k0%
$ 0
Kristen Mclaughlin
Independent Director3.3yrsUS$75.39k0%
$ 0
Olivia Bartlett
Independent Director3.3yrsUS$32.89k0%
$ 0

3.3yrs

Average Tenure

58yo

Average Age

Experienced Board: LUCY's board of directors are considered experienced (3.3 years average tenure).