SkyWater Technology Management
Management criteria checks 1/4
SkyWater Technology's CEO is Tom Sonderman, appointed in Dec 2020, has a tenure of 3.42 years. total yearly compensation is $2.36M, comprised of 22.3% salary and 77.7% bonuses, including company stock and options. directly owns 0.93% of the company’s shares, worth $4.57M. The average tenure of the management team and the board of directors is 0.9 years and 2.3 years respectively.
Key information
Tom Sonderman
Chief executive officer
US$2.4m
Total compensation
| CEO salary percentage | 22.3% |
| CEO tenure | 3.4yrs |
| CEO ownership | 0.9% |
| Management average tenure | less than a year |
| Board average tenure | 2.3yrs |
Recent management updates
Recent updates
Some Investors May Be Worried About SkyWater Technology's (NASDAQ:SKYT) Returns On Capital
Mar 04
SkyWater Technology, Inc.'s (NASDAQ:SKYT) Share Price Is Matching Sentiment Around Its Revenues
Jan 24SkyWater Technology, Inc.'s (NASDAQ:SKYT) Intrinsic Value Is Potentially 51% Above Its Share Price
Sep 13The Market Doesn't Like What It Sees From SkyWater Technology, Inc.'s (NASDAQ:SKYT) Revenues Yet
Jul 01SkyWater's Next Rally May Be About To Start
Sep 05SkyWater receives $15M in funding from DoD, partners with Google for open source design
Jul 28SkyWater alongside State of Indiana and Purdue University will build $1.8B semiconductor manufacturing facility
Jul 20SkyWater Technology Pursues Growth Amid Inflationary Drag
Jun 01SkyWater - A Very Semi, Semi Play
Apr 07SkyWater Technology, Inc. (NASDAQ:SKYT) Just Reported Earnings, And Analysts Cut Their Target Price
Feb 25SkyWater Technology: Far From Reaching The Sky
Jan 12SkyWater Technology, Inc.'s (NASDAQ:SKYT) Intrinsic Value Is Potentially 89% Above Its Share Price
Sep 13Analyst Forecasts Just Became More Bearish On SkyWater Technology, Inc. (NASDAQ:SKYT)
Aug 06SkyWater Technology - Market Participants' Misconceptions Behind Both The Recent Rally And Tuesday's Selloff - Buy
Jul 28SkyWater stock pulls back from rally, still trades at nearly double IPO price
Jun 21Skywater Technology appoints its first human resource chief
Jun 08SkyWater Technology prices upsized IPO at $14
Apr 21CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$2m | US$527k | -US$31m |
| Oct 01 2023 | n/a | n/a | -US$23m |
| Jul 02 2023 | n/a | n/a | -US$23m |
| Apr 02 2023 | n/a | n/a | -US$27m |
| Jan 01 2023 | US$2m | US$492k | -US$40m |
| Oct 02 2022 | n/a | n/a | -US$64m |
| Jul 03 2022 | n/a | n/a | -US$71m |
| Apr 03 2022 | n/a | n/a | -US$65m |
| Jan 02 2022 | US$3m | US$413k | -US$51m |
| Oct 03 2021 | n/a | n/a | -US$36m |
| Jul 04 2021 | n/a | n/a | -US$24m |
| Apr 04 2021 | n/a | n/a | -US$22m |
| Jan 03 2021 | US$393k | US$300k | -US$21m |
| Sep 27 2020 | n/a | n/a | -US$12m |
| Dec 29 2019 | US$354k | US$300k | -US$16m |
Compensation vs Market: Tom's total compensation ($USD2.36M) is about average for companies of similar size in the US market ($USD2.40M).
Compensation vs Earnings: Tom's compensation has increased whilst the company is unprofitable.
CEO
Tom Sonderman (59 yo)
3.4yrs
Tenure
US$2,361,593
Compensation
Mr. Thomas J. Sonderman, also known as Tom, was President until September 25, 2023 and serves as Chief Executive Officer at SkyWater Technology, Inc. since December 2020 and has been its Director since Oct...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 3.4yrs | US$2.36m | 0.93% $ 4.6m | |
| President & COO | less than a year | US$1.98m | no data | |
| Chief Financial Officer | 3.4yrs | US$1.11m | 0.64% $ 3.1m | |
| Chief Legal Officer | 2.1yrs | no data | 0.017% $ 82.8k | |
| Senior Vice President of Human Resources | less than a year | no data | no data | |
| Senior Vice President of Special Programs & Chief Government Affairs Officer | 3.3yrs | US$1.32m | 0.89% $ 4.3m | |
| Senior VP of Commercial and A&D Business | less than a year | no data | no data | |
| Executive Vice President of Technology & Manufacturing Operations | less than a year | no data | no data | |
| Senior Vice President of Supply Chain & Information Technology | less than a year | no data | no data |
0.9yrs
Average Tenure
52yo
Average Age
Experienced Management: SKYT's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 3.6yrs | US$2.36m | 0.93% $ 4.6m | |
| Independent Chairman of the Board | 6.3yrs | US$223.00k | 0.98% $ 4.8m | |
| Independent Director | 3.6yrs | US$195.00k | 0.054% $ 264.0k | |
| Director | 3.6yrs | US$185.00k | 10.81% $ 53.0m | |
| Independent Director | 2.2yrs | US$185.00k | 0.036% $ 178.4k | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 2.3yrs | US$190.00k | 0.039% $ 192.5k | |
| Independent Director | 2.3yrs | US$188.00k | 0.039% $ 192.5k | |
| Director | 3.6yrs | US$254.47k | 0.96% $ 4.7m | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | less than a year | US$87.41k | 0% $ 0 |
2.3yrs
Average Tenure
58yo
Average Age
Experienced Board: SKYT's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.