Owlet Management
Management criteria checks 2/4
Owlet's CEO is Kurt Workman, appointed in Jan 2012, has a tenure of 12.25 years. total yearly compensation is $4.68M, comprised of 7.9% salary and 92.1% bonuses, including company stock and options. directly owns 3.65% of the company’s shares, worth $1.34M. The average tenure of the management team and the board of directors is 2.3 years and 3.1 years respectively.
Key information
Kurt Workman
Chief executive officer
US$4.7m
Total compensation
| CEO salary percentage | 7.9% |
| CEO tenure | 12.3yrs |
| CEO ownership | 3.7% |
| Management average tenure | 2.3yrs |
| Board average tenure | 3.1yrs |
Recent management updates
Recent updates
Potential Upside For Owlet, Inc. (NYSE:OWLT) Not Without Risk
Feb 29
Owlet, Inc. (NYSE:OWLT) Just Reported And Analysts Have Been Cutting Their Estimates
Nov 17Owlet Non-GAAP EPS of -$0.17, revenue of $17.4M
Nov 14Owlet seeks FDA medical device approval for its prescription monitor for infants
Oct 06Owlet GAAP EPS of -$0.11 beats by $0.12, revenue of $18.3M misses by $5.63M
Aug 11Owlet, Inc.: A Turnaround Opportunity With Upcoming Bullish Catalysts
Jun 14Owlet: At The Intersection Of Telehealth And Infants
Aug 30CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -US$37m |
| Sep 30 2023 | n/a | n/a | -US$49m |
| Jun 30 2023 | n/a | n/a | -US$61m |
| Mar 31 2023 | n/a | n/a | -US$63m |
| Dec 31 2022 | US$5m | US$369k | -US$79m |
| Sep 30 2022 | n/a | n/a | -US$84m |
| Jun 30 2022 | n/a | n/a | -US$99m |
| Mar 31 2022 | n/a | n/a | -US$93m |
| Dec 31 2021 | US$2m | US$330k | -US$72m |
Compensation vs Market: Kurt's total compensation ($USD4.68M) is above average for companies of similar size in the US market ($USD677.87K).
Compensation vs Earnings: Kurt's compensation has increased whilst the company is unprofitable.
CEO
Kurt Workman (33 yo)
12.3yrs
Tenure
US$4,681,017
Compensation
Mr. Kurt Workman co-founded Owlet Baby Care Inc. (formerly Owlet Baby Care LLC) in 2012 and served as the Chief Executive Officer from its founding in 2012 until December 2019. He was President of Owlet, I...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 12.3yrs | US$4.68m | 3.65% $ 1.3m | |
| CFO & Principal Accounting Officer | 3.1yrs | US$1.67m | 0.12% $ 44.6k | |
| President & Chief Revenue Officer | less than a year | no data | no data | |
| Chief Operating Officer | no data | no data | no data | |
| Chief Technology Officer | 2.3yrs | no data | no data | |
| Chief Legal Officer & Corporate Secretary | 2.3yrs | no data | no data | |
| Chief Marketing Officer | less than a year | no data | no data |
2.3yrs
Average Tenure
54yo
Average Age
Experienced Management: OWLT's management team is considered experienced (2.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 12.3yrs | US$4.68m | 3.65% $ 1.3m | |
| Independent Director | 3.1yrs | US$50.00k | 0.14% $ 52.0k | |
| Independent Director | 3.2yrs | US$82.50k | 0.059% $ 21.9k | |
| Independent Director | 3yrs | US$50.00k | 0.034% $ 12.5k | |
| Director | less than a year | no data | no data | |
| Independent Chairman of the Board & Lead Independent Director | 8.8yrs | no data | no data | |
| Director | less than a year | no data | no data | |
| Independent Director | 6yrs | no data | no data |
3.1yrs
Average Tenure
51yo
Average Age
Experienced Board: OWLT's board of directors are considered experienced (3.1 years average tenure).