SkyWater Technology Management
Management criteria checks 1/4
SkyWater Technology's CEO is Tom Sonderman, appointed in Dec 2020, has a tenure of 4.17 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 $6.52M. The average tenure of the management team and the board of directors is 1.5 years and 2.8 years respectively.
Key information
Tom Sonderman
Chief executive officer
US$2.4m
Total compensation
| CEO salary percentage | 22.3% |
| CEO tenure | 4yrs |
| CEO ownership | 0.9% |
| Management average tenure | 1.5yrs |
| Board average tenure | 2.8yrs |
Recent management updates
Recent updates
The Market Doesn't Like What It Sees From SkyWater Technology, Inc.'s (NASDAQ:SKYT) Revenues Yet As Shares Tumble 28%
Nov 28
SkyWater Technology: Cautious As Performance Remains Inconsistent
Nov 15SkyWater Technology, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year
Nov 10Would SkyWater Technology (NASDAQ:SKYT) Be Better Off With Less Debt?
Oct 11SkyWater Technology: Impressive Top-Line Results
Aug 09Why Investors Shouldn't Be Surprised By SkyWater Technology, Inc.'s (NASDAQ:SKYT) 25% Share Price Plunge
Aug 08Benign Growth For SkyWater Technology, Inc. (NASDAQ:SKYT) Underpins Stock's 25% Plummet
May 30SkyWater Technology, Inc. (NASDAQ:SKYT) Just Reported, And Analysts Assigned A US$11.84 Price Target
May 11SkyWater Earnings Preview: Products In High Demand
May 05Some Investors May Be Worried About SkyWater Technology's (NASDAQ:SKYT) Returns On Capital
Mar 04SkyWater 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 01CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 29 2024 | n/a | n/a | -US$16m |
| Jun 30 2024 | n/a | n/a | -US$26m |
| Mar 31 2024 | n/a | n/a | -US$32m |
| 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 ($USD3.24M).
Compensation vs Earnings: Tom's compensation has increased whilst the company is unprofitable.
CEO
Tom Sonderman (60 yo)
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 | 4yrs | US$2.36m | 0.93% $ 6.5m | |
| President & COO | 1.3yrs | US$1.98m | 0.027% $ 188.4k | |
| Chief Financial Officer | 4yrs | US$1.11m | 0.63% $ 4.5m | |
| Chief Risk & Compliance Officer | 2.7yrs | no data | 0.019% $ 132.7k | |
| Senior Vice President of Human Resources | less than a year | no data | no data | |
| Senior Vice President of Special Programs | 3.8yrs | US$1.32m | 0.88% $ 6.2m | |
| Senior Vice President of Commercial and A&D Business | 1.5yrs | no data | no data | |
| Senior Vice President of Supply Chain & Information Technology | less than a year | no data | no data | |
| Senior VP & GM of Advanced Packaging | less than a year | no data | no data |
1.5yrs
Average Tenure
53yo
Average Age
Experienced Management: SKYT's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 4.2yrs | US$2.36m | 0.93% $ 6.5m | |
| Independent Chairman of the Board | 6.8yrs | US$223.00k | 1% $ 7.0m | |
| Director | 4.2yrs | US$185.00k | 10.76% $ 75.7m | |
| Independent Director | 2.8yrs | US$185.00k | 0.031% $ 219.1k | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 2.9yrs | US$190.00k | 0.042% $ 292.1k | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 1.2yrs | US$87.41k | 0.023% $ 164.8k |
2.8yrs
Average Tenure
58yo
Average Age
Experienced Board: SKYT's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 04:53 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/29 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
SkyWater Technology, Inc. is covered by 6 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Richard Shannon | Craig-Hallum Capital Group LLC |
| Blayne Curtis | Jefferies LLC |
| Mark Lipacis | Jefferies LLC |