Precision Optics Corporation Management
Management criteria checks 4/4
Precision Optics' CEO is Joe Forkey, appointed in Feb 2011, has a tenure of 13.25 years. total yearly compensation is $240.39K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 1.99% of the company’s shares, worth $682.80K. The average tenure of the management team and the board of directors is 5 years and 11.5 years respectively.
Key information
Joe Forkey
Chief executive officer
US$240.4k
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 13.3yrs |
| CEO ownership | 2.0% |
| Management average tenure | 5yrs |
| Board average tenure | 11.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -US$2m |
| Sep 30 2023 | n/a | n/a | -US$450k |
| Jun 30 2023 | US$240k | US$240k | -US$145k |
| Mar 31 2023 | n/a | n/a | US$221k |
| Dec 31 2022 | n/a | n/a | US$505k |
| Sep 30 2022 | n/a | n/a | -US$510k |
| Jun 30 2022 | US$250k | US$250k | -US$928k |
| Mar 31 2022 | n/a | n/a | -US$2m |
| Dec 31 2021 | n/a | n/a | -US$974k |
| Sep 30 2021 | n/a | n/a | -US$680k |
| Jun 30 2021 | US$441k | US$250k | -US$103k |
| Mar 31 2021 | n/a | n/a | US$17k |
| Dec 31 2020 | n/a | n/a | -US$1m |
| Sep 30 2020 | n/a | n/a | -US$1m |
| Jun 30 2020 | US$235k | US$235k | -US$1m |
| Mar 31 2020 | n/a | n/a | -US$1m |
| Dec 31 2019 | n/a | n/a | -US$827k |
| Sep 30 2019 | n/a | n/a | -US$402k |
| Jun 30 2019 | US$641k | US$200k | -US$615k |
| Mar 31 2019 | n/a | n/a | -US$489k |
| Dec 31 2018 | n/a | n/a | -US$688k |
| Sep 30 2018 | n/a | n/a | -US$622k |
| Jun 30 2018 | US$120k | US$120k | -US$351k |
| Mar 31 2018 | n/a | n/a | -US$606k |
| Dec 31 2017 | n/a | n/a | -US$490k |
| Sep 30 2017 | n/a | n/a | -US$742k |
| Jun 30 2017 | US$120k | US$120k | -US$1m |
Compensation vs Market: Joe's total compensation ($USD240.39K) is below average for companies of similar size in the US market ($USD674.46K).
Compensation vs Earnings: Joe's compensation has been consistent with company performance over the past year.
CEO
Joe Forkey (55 yo)
13.3yrs
Tenure
US$240,385
Compensation
Dr. Joseph N. Forkey, also known as Joe, has been Chief Executive Officer, President and Treasurer of Precision Optics Corp., Inc., since February 8, 2011. Dr. Forkey has been a Director at Precision Optic...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President | 13.3yrs | US$240.39k | 1.99% $ 682.8k | |
| Executive Vice President of Sales & Marketing | 5yrs | US$286.63k | 1.08% $ 369.1k | |
| Founder | 42.3yrs | no data | no data | |
| CFO & Secretary | less than a year | no data | 0% $ 0 | |
| Chief Operating Officer | 1.1yrs | no data | 0% $ 0 | |
| Director of Technology Development | no data | no data | no data | |
| President of Ross Optical Division | 4.9yrs | US$211.82k | no data |
5.0yrs
Average Tenure
57yo
Average Age
Experienced Management: POCI's management team is considered experienced (5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President | 18.1yrs | US$240.39k | 1.99% $ 682.8k | |
| Founder | 13.3yrs | no data | no data | |
| Independent Chairman of the Board | 9.8yrs | US$193.33k | 0% $ 0 | |
| Director | 2.6yrs | US$110.30k | 3.47% $ 1.2m | |
| Independent Director | 8.2yrs | US$117.80k | 0% $ 0 | |
| Independent Director | 18.5yrs | US$110.30k | 0.083% $ 28.5k |
11.5yrs
Average Tenure
66.5yo
Average Age
Experienced Board: POCI's board of directors are seasoned and experienced ( 11.5 years average tenure).