Conn's Management

Management criteria checks 2/4

Conn's' CEO is Norm Miller, appointed in Oct 2022, has a tenure of 1.83 years. total yearly compensation is $5.45M, comprised of 46.8% salary and 53.2% bonuses, including company stock and options. directly owns 2.42% of the company’s shares, worth $6.69K. The average tenure of the management team and the board of directors is 4.1 years and 8.9 years respectively.

Key information

Norm Miller

Chief executive officer

US$5.4m

Total compensation

CEO salary percentage	46.8%
CEO tenure	1.8yrs
CEO ownership	2.4%
Management average tenure	4.1yrs
Board average tenure	8.9yrs

Recent management updates

Recent updates

Conn's: Continuation Of Negative Trends In Revenue And Profitability

Oct 17

The Return Trends At Conn's (NASDAQ:CONN) Look Promising

Sep 21

Conn's Non-GAAP EPS of $0.04 misses by $0.05, revenue of $346.63M misses by $23.6M

Aug 30

There's Been No Shortage Of Growth Recently For Conn's' (NASDAQ:CONN) Returns On Capital

May 24

Conn's: Not A Buy Even After Recent Correction

Apr 21

Conn's: Compelling Fundamental Outlook With A Short Squeeze Catalyst

Mar 21

Returns On Capital Are Showing Encouraging Signs At Conn's (NASDAQ:CONN)

Feb 23

Calculating The Fair Value Of Conn's, Inc. (NASDAQ:CONN)

Jan 21

CEO Compensation Analysis

How has Norm Miller's remuneration changed compared to Conn's's earnings?
Date	Total Compensation	Salary	Company Earnings
Jan 31 2024	US$5m	US$3m	-US$77m
Oct 31 2023	n/a	n/a	-US$163m
Jul 31 2023	n/a	n/a	-US$137m
Apr 30 2023	n/a	n/a	-US$101m
Jan 31 2023	US$4m	US$1m	-US$59m
Oct 31 2022	n/a	n/a	-US$9m
Jul 31 2022	n/a	n/a	US$34m
Apr 30 2022	n/a	n/a	US$69m
Jan 31 2022	US$6m	US$1m	US$108m
Oct 31 2021	n/a	n/a	US$126m
Jul 31 2021	n/a	n/a	US$115m
Apr 30 2021	n/a	n/a	US$98m
Jan 31 2021	US$3m	US$942k	-US$3m
Oct 31 2020	n/a	n/a	-US$23m
Jul 31 2020	n/a	n/a	-US$19m
Apr 30 2020	n/a	n/a	-US$20m
Jan 31 2020	US$1m	US$1m	US$56m
Oct 31 2019	n/a	n/a	US$80m
Jul 31 2019	n/a	n/a	US$84m
Apr 30 2019	n/a	n/a	US$81m
Jan 31 2019	US$14m	US$988k	US$74m
Oct 31 2018	n/a	n/a	US$48m
Jul 31 2018	n/a	n/a	US$35m
Apr 30 2018	n/a	n/a	US$22m
Jan 31 2018	US$10m	US$892k	US$6m

Compensation vs Market: Norm's total compensation ($USD5.45M) is above average for companies of similar size in the US market ($USD678.50K).

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

CEO

Norm Miller (63 yo)

1.8yrs

Tenure

US$5,448,826

Compensation

Mr. Norman L. Miller, also known as Norm, served as Interim President and Chief Executive Officer at Conn's, Inc. since October 18, 2022 until December 18, 2023 and serves as its President and Chief Execut...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Norman Miller	President	1.8yrs	US$5.45m	2.42% $ 6.7k
Timothy Santo	Executive VP & CFO	less than a year	US$631.56k	0.042% $ 116.4
Mark Prior	Senior VP	8.1yrs	US$1.13m	0.28% $ 783.1
Rodney Lastinger	President of Retail	5.2yrs	US$1.60m	0.27% $ 750.4
Thomas Fenton	Senior VP & Chief Credit Officer	4.1yrs	US$1.28m	0.33% $ 905.3
Melissa Allen	VP & Treasurer	no data	no data	no data

4.1yrs

Average Tenure

52yo

Average Age

Experienced Management: CONN.Q's management team is considered experienced (4.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Norman Miller	President	8.9yrs	US$5.45m	2.42% $ 6.7k
Bobby Martin	Lead Independent Director	20.9yrs	US$225.89k	0.54% $ 1.5k
William Schofman	Independent Director	12.3yrs	US$205.89k	0.24% $ 655.2
James Haworth	Independent Director	8.4yrs	US$190.89k	0.18% $ 486.3
Douglas Martin	Director	21.5yrs	US$190.89k	0.52% $ 1.4k
Oded Shein	Independent Director	8.4yrs	US$210.89k	0.18% $ 510.1
William Saunders	Independent Director	10yrs	US$205.89k	0.29% $ 796.9
Ann Gugino	Independent Director	1.2yrs	US$208.18k	0.12% $ 320.5
Karen Hartje	Independent Director	1.4yrs	US$190.89k	0.11% $ 313.2

8.9yrs

Average Tenure

62yo

Average Age

Experienced Board: CONN.Q's board of directors are considered experienced (8.9 years average tenure).

Conn's Management

Management criteria checks 2/4

Key information

Recent management updates

Conn's, Inc., Annual General Meeting, May 30, 2024

Conn's, Inc. Appoints Norman L. Miller as President

Conn's, Inc. Announces Executive Changes, Effective November 17, 2023

Conn's, Inc. Announces Executive Changes

Insufficient new directors

Conn's, Inc. Announces Executive Changes

Recent updates

Conn's, Inc.(OTCPK:CONN.Q) dropped from NASDAQ Composite Index

Nasdaq Determines to Commence Proceedings to Delist the Conn's Securities from Trading

Interim DIP Financing Approved for Conn's, Inc.

Conn's, Inc. Filed for Bankruptcy

Conn’s Announces Receipt of Delinquency Notification Letter from Nasdaq

Conn's, Inc. announced delayed 10-Q filing

Conn's, Inc., Annual General Meeting, May 30, 2024

Conn's, Inc. announced delayed annual 10-K filing

Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

Price target decreased by 12% to US$5.50

Conn's, Inc. to Report Q4, 2024 Results on Apr 11, 2024

Conn's, Inc. Appoints Norman L. Miller as President

Conn's, Inc. (NasdaqGS:CONN) acquired W.S. Badcock Corporation from Franchise Group Newco BHF, LLC.

Conn's, Inc. announced delayed 10-Q filing

Conn's, Inc. Announces Executive Changes, Effective November 17, 2023

Second quarter 2024 earnings: EPS exceeds analyst expectations

Conn's, Inc. to Report Q2, 2024 Results on Aug 30, 2023

New minor risk - Shareholder dilution

Conn's, Inc. Announces Executive Changes

Consensus EPS estimates fall by 53%

First quarter 2024 earnings: EPS and revenues miss analyst expectations

Conn's, Inc. to Report Q1, 2024 Results on Jun 01, 2023

Insufficient new directors

Price target decreased by 16% to US$8.00

Franchise Group Reportedly Could Go Private or May Bid to Buy Conn's

Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Consensus forecasts updated

Price target decreased to US$13.00

Conn's, Inc. to Report Q3, 2023 Results on Dec 06, 2022

Conn's, Inc. Announces Executive Changes

Insufficient new directors

Investor sentiment improved over the past week

Consensus forecasts updated

Investor sentiment improved over the past week

Insufficient new directors

Conn's, Inc. Provides Earnings Guidance for Third Quarter 2023

Conn's: Continuation Of Negative Trends In Revenue And Profitability

Investor sentiment deteriorated over the past week

The Return Trends At Conn's (NASDAQ:CONN) Look Promising

Conn's Homeplus Announces New Layaway Offering

Consensus EPS estimates have been downgraded.

Investor sentiment deteriorated over the past week

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Conn's Non-GAAP EPS of $0.04 misses by $0.05, revenue of $346.63M misses by $23.6M

Conn's, Inc. to Report Q2, 2023 Results on Aug 30, 2022

Investor sentiment improved over the past week

Insider recently sold US$142k worth of stock

Conn's: Good Initiatives But Difficult Macros

Now 22% undervalued after recent price drop

Investor sentiment deteriorated over the past week

Estimating The Fair Value Of Conn's, Inc. (NASDAQ:CONN)

Now 23% undervalued after recent price drop

Investor sentiment deteriorated over the past week

Conn's, Inc. (NASDAQ:CONN) Analysts Are Reducing Their Forecasts For This Year

First quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Conn's, Inc. to Report Q1, 2023 Results on Jun 01, 2022

There's Been No Shortage Of Growth Recently For Conn's' (NASDAQ:CONN) Returns On Capital

Investor sentiment deteriorated over the past week

Price target decreased to US$22.50

Conn's: Not A Buy Even After Recent Correction

Conn's, Inc., Annual General Meeting, May 25, 2022

Investor sentiment deteriorated over the past week

Full year 2022 earnings: EPS misses analyst expectations

Conn's: Compelling Fundamental Outlook With A Short Squeeze Catalyst

Returns On Capital Are Showing Encouraging Signs At Conn's (NASDAQ:CONN)

Investor sentiment deteriorated over the past week

Now 21% undervalued after recent price drop

Calculating The Fair Value Of Conn's, Inc. (NASDAQ:CONN)

Investor sentiment improved over the past week