Zynex Management

Management criteria checks 4/4

Zynex's CEO is Thomas Sandgaard, appointed in Jan 1996, has a tenure of 28.83 years. total yearly compensation is $1.22M, comprised of 53.4% salary and 46.6% bonuses, including company stock and options. directly owns 45.86% of the company’s shares, worth $114.80M. The average tenure of the management team and the board of directors is 4 years and 6.8 years respectively.

Key information

Thomas Sandgaard

Chief executive officer

US$1.2m

Total compensation

CEO salary percentage53.4%
CEO tenure28.8yrs
CEO ownership45.9%
Management average tenure4yrs
Board average tenure6.8yrs

Recent management updates

Recent updates

Zynex's (NASDAQ:ZYXI) Returns On Capital Not Reflecting Well On The Business

Nov 12
Zynex's (NASDAQ:ZYXI) Returns On Capital Not Reflecting Well On The Business

Zynex (NASDAQ:ZYXI) Seems To Use Debt Quite Sensibly

Oct 26
Zynex (NASDAQ:ZYXI) Seems To Use Debt Quite Sensibly

Zynex, Inc.: 2025 Looks Like A Brighter Year

Oct 09

With Zynex, Inc. (NASDAQ:ZYXI) It Looks Like You'll Get What You Pay For

Jul 31
With Zynex, Inc. (NASDAQ:ZYXI) It Looks Like You'll Get What You Pay For

Earnings Update: Here's Why Analysts Just Lifted Their Zynex, Inc. (NASDAQ:ZYXI) Price Target To US$19.88

May 03
Earnings Update: Here's Why Analysts Just Lifted Their Zynex, Inc. (NASDAQ:ZYXI) Price Target To US$19.88

Earnings Miss: Zynex, Inc. Missed EPS By 33% And Analysts Are Revising Their Forecasts

Mar 03
Earnings Miss: Zynex, Inc. Missed EPS By 33% And Analysts Are Revising Their Forecasts

Why Investors Shouldn't Be Surprised By Zynex, Inc.'s (NASDAQ:ZYXI) P/E

Jan 24
Why Investors Shouldn't Be Surprised By Zynex, Inc.'s (NASDAQ:ZYXI) P/E

Is Zynex (NASDAQ:ZYXI) Using Too Much Debt?

Aug 03
Is Zynex (NASDAQ:ZYXI) Using Too Much Debt?

Are Investors Undervaluing Zynex, Inc. (NASDAQ:ZYXI) By 43%?

Mar 30
Are Investors Undervaluing Zynex, Inc. (NASDAQ:ZYXI) By 43%?

Should You Be Adding Zynex (NASDAQ:ZYXI) To Your Watchlist Today?

Jan 23
Should You Be Adding Zynex (NASDAQ:ZYXI) To Your Watchlist Today?

Short Squeeze Candidate With Low PEG Ratio: Zynex

Oct 05

Zynex begins enrollment in blood loss detection trial for CM-1600 monitoring system

Sep 21

These 4 Measures Indicate That Zynex (NASDAQ:ZYXI) Is Using Debt Safely

Aug 02
These 4 Measures Indicate That Zynex (NASDAQ:ZYXI) Is Using Debt Safely

Zynex Cures The Pain Of Its Shareholders: Q2 Results

Aug 01

Zynex: Upside Looks Well Priced In, Efficiency Headwinds Remain

Jul 25

Is Zynex, Inc. (NASDAQ:ZYXI) Trading At A 46% Discount?

Jul 12
Is Zynex, Inc. (NASDAQ:ZYXI) Trading At A 46% Discount?

Zynex June and Q2 orders hit all-time high, re-affirms Q2 and FY22 guidance

Jul 11

CEO Compensation Analysis

How has Thomas Sandgaard's remuneration changed compared to Zynex's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$5m

Jun 30 2024n/an/a

US$6m

Mar 31 2024n/an/a

US$8m

Dec 31 2023US$1mUS$650k

US$10m

Sep 30 2023n/an/a

US$16m

Jun 30 2023n/an/a

US$17m

Mar 31 2023n/an/a

US$17m

Dec 31 2022US$1mUS$575k

US$17m

Sep 30 2022n/an/a

US$18m

Jun 30 2022n/an/a

US$20m

Mar 31 2022n/an/a

US$19m

Dec 31 2021US$988kUS$496k

US$17m

Sep 30 2021n/an/a

US$10m

Jun 30 2021n/an/a

US$5m

Mar 31 2021n/an/a

US$5m

Dec 31 2020US$1mUS$480k

US$9m

Sep 30 2020n/an/a

US$10m

Jun 30 2020n/an/a

US$11m

Mar 31 2020n/an/a

US$10m

Dec 31 2019US$527kUS$480k

US$9m

Sep 30 2019n/an/a

US$9m

Jun 30 2019n/an/a

US$10m

Mar 31 2019n/an/a

US$10m

Dec 31 2018US$1mUS$480k

US$10m

Sep 30 2018n/an/a

US$10m

Jun 30 2018n/an/a

US$10m

Mar 31 2018n/an/a

US$9m

Dec 31 2017US$808kUS$398k

US$7m

Compensation vs Market: Thomas's total compensation ($USD1.22M) is about average for companies of similar size in the US market ($USD1.46M).

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


CEO

Thomas Sandgaard (65 yo)

28.8yrs

Tenure

US$1,217,895

Compensation

Mr. Thomas Sandgaard founded Zynex, Inc. in 1996 and has been its Chairman, Chief Executive Officer and President since 1996. Mr. Sandgaard served as the Chief Financial Officer and Chief Accounting Office...


Leadership Team

NamePositionTenureCompensationOwnership
Thomas Sandgaard
Founder28.8yrsUS$1.22m45.86%
$ 114.8m
Daniel Moorhead
Chief Financial Officer7.4yrsUS$883.15k0.14%
$ 352.7k
Anna Lucsok
Chief Operating Officer3.8yrsUS$714.40k0.069%
$ 173.2k
Steve Fox
Executive Vice President of Salesno datano datano data
Donald Gregg
President of Zynex Monitoring Solutions1.8yrsno datano data
Neil Friery
President & COO of Zynex Monitoring Solutions4yrsno datano data

4.0yrs

Average Tenure

52yo

Average Age

Experienced Management: ZYXI's management team is considered experienced (4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Thomas Sandgaard
Founder28.8yrsUS$1.22m45.86%
$ 114.8m
Barry Michaels
Independent Director6.8yrsUS$159.70k0.20%
$ 490.6k
Michael Cress
Independent Director6.8yrsUS$154.70k0.20%
$ 490.6k
Joshua Disbrow
Independent Director6.7yrsUS$154.70k0.23%
$ 565.9k

6.8yrs

Average Tenure

65.5yo

Average Age

Experienced Board: ZYXI's board of directors are considered experienced (6.8 years average tenure).