Abits Group Management
Management criteria checks 2/4
Abits Group's CEO is Forrest Deng, appointed in Sep 2021, has a tenure of 2.58 years. total yearly compensation is $120.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 16.68% of the company’s shares, worth $4.66M. The average tenure of the management team and the board of directors is 5.1 years and 2.5 years respectively.
Key information
Forrest Deng
Chief executive officer
US$120.0k
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 2.6yrs |
| CEO ownership | 16.7% |
| Management average tenure | 5.1yrs |
| Board average tenure | 2.5yrs |
Recent management updates
Recent updates
We're Keeping An Eye On Abits Group's (NASDAQ:ABTS) Cash Burn Rate
Mar 07
Is Moxian (BVI) (NASDAQ:MOXC) In A Good Position To Invest In Growth?
Nov 12Moxian to divest Chinese unit amid uncertainty over govt tightening control over gaming
Aug 15This Is Why We Think Moxian, Inc.'s (NASDAQ:MOXC) CEO Might Get A Pay Rise Approved By Shareholders
Jun 18CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2023 | n/a | n/a | -US$25m |
| Mar 31 2023 | n/a | n/a | -US$24m |
| Dec 31 2022 | US$120k | US$120k | -US$23m |
| Sep 30 2022 | n/a | n/a | -US$12m |
| Jun 30 2022 | n/a | n/a | -US$2m |
| Mar 31 2022 | n/a | n/a | -US$2m |
| Dec 31 2021 | US$120k | US$33k | -US$3m |
Compensation vs Market: Forrest's total compensation ($USD120.00K) is below average for companies of similar size in the US market ($USD670.12K).
Compensation vs Earnings: Forrest's compensation has increased whilst the company is unprofitable.
CEO
Forrest Deng (40 yo)
2.6yrs
Tenure
US$120,000
Compensation
Mr. Conglin Deng, also known as Forrest, serves as Chief Executive Officer and Director at Abits Group Inc. (formerly known as Moxian (BVI) Inc)., since September 21, 2021 and August 9, 2021 respectively....
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 2.6yrs | US$120.00k | 16.68% $ 4.7m | |
| CFO & Board Secretary | 7.8yrs | US$120.00k | no data | |
| Vice President of Creative & Marketing | no data | no data | no data | |
| Vice President of Corporate Affairs | 5.1yrs | no data | no data |
5.1yrs
Average Tenure
46yo
Average Age
Experienced Management: ABTS's management team is seasoned and experienced (5.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 2.7yrs | US$120.00k | 16.68% $ 4.7m | |
| Independent Director | 5.9yrs | US$18.00k | 0.10% $ 28.3k | |
| Independent Director | 2.5yrs | US$5.00k | no data | |
| Independent Director | 2.4yrs | US$5.00k | no data | |
| Non-Independent Director | 2.1yrs | US$5.00k | no data |
2.5yrs
Average Tenure
40yo
Average Age
Experienced Board: ABTS's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.