BIO-key International Management
Management criteria checks 3/4
BIO-key International's CEO is Mike DePasquale, appointed in Jan 2003, has a tenure of 21.33 years. total yearly compensation is $372.08K, comprised of 79.5% salary and 20.5% bonuses, including company stock and options. directly owns 0.84% of the company’s shares, worth $25.15K. The average tenure of the management team and the board of directors is 7.3 years and 7.1 years respectively.
Key information
Mike DePasquale
Chief executive officer
US$372.1k
Total compensation
| CEO salary percentage | 79.5% |
| CEO tenure | 21.3yrs |
| CEO ownership | 0.8% |
| Management average tenure | 7.3yrs |
| Board average tenure | 7.1yrs |
Recent management updates
Recent updates
BIO-key GAAP EPS of -$0.21, revenue of $1.9M
Aug 12Here's Why Shareholders May Want To Be Cautious With Increasing BIO-key International, Inc.'s (NASDAQ:BKYI) CEO Pay Packet
Jun 12
BIO-key International, Inc.'s (NASDAQ:BKYI) Shift From Loss To Profit
Feb 28BIO-key International climbs 4% backed by PortalGuard Solution for US Department of Justice
Jan 06BIO-key International rallies on Prominic.NET partnership
Nov 23CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2023 | n/a | n/a | -US$9m |
| Jun 30 2023 | n/a | n/a | -US$11m |
| Mar 31 2023 | n/a | n/a | -US$11m |
| Dec 31 2022 | US$372k | US$296k | -US$12m |
| Sep 30 2022 | n/a | n/a | -US$7m |
| Jun 30 2022 | n/a | n/a | -US$6m |
| Mar 31 2022 | n/a | n/a | -US$5m |
| Dec 31 2021 | US$277k | US$275k | -US$5m |
| Sep 30 2021 | n/a | n/a | -US$4m |
| Jun 30 2021 | n/a | n/a | -US$7m |
| Mar 31 2021 | n/a | n/a | -US$7m |
| Dec 31 2020 | US$349k | US$275k | -US$10m |
| Sep 30 2020 | n/a | n/a | -US$18m |
| Jun 30 2020 | n/a | n/a | -US$16m |
| Mar 31 2020 | n/a | n/a | -US$16m |
| Dec 31 2019 | US$311k | US$275k | -US$15m |
| Sep 30 2019 | n/a | n/a | -US$6m |
| Jun 30 2019 | n/a | n/a | -US$8m |
| Mar 31 2019 | n/a | n/a | -US$8m |
| Dec 31 2018 | US$333k | US$275k | -US$8m |
| Sep 30 2018 | n/a | n/a | -US$7m |
| Jun 30 2018 | n/a | n/a | -US$6m |
| Mar 31 2018 | n/a | n/a | -US$6m |
| Dec 31 2017 | US$843k | US$250k | -US$5m |
Compensation vs Market: Mike's total compensation ($USD372.08K) is below average for companies of similar size in the US market ($USD667.63K).
Compensation vs Earnings: Mike's compensation has increased whilst the company is unprofitable.
CEO
Mike DePasquale (68 yo)
21.3yrs
Tenure
US$372,080
Compensation
Mr. Michael W. DePasquale, also known as Mike, has been the Chief Executive Officer of BIO-key International Inc. since January 3, 2003. He has been the Chairman and Director of BIO-key International Inc....
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 21.3yrs | US$372.08k | 0.84% $ 25.1k | |
| MD of Hong Kong & Vice-Chairman of the Board | 8.4yrs | no data | 1.73% $ 51.6k | |
| Chief Technology Officer | 10.2yrs | US$240.43k | 0.074% $ 2.2k | |
| Senior VP of Strategy & Compliance and Chief Legal Officer | 4.3yrs | US$431.99k | 1.21% $ 36.2k | |
| Chief Financial Officer | 14.4yrs | US$202.08k | 0.24% $ 7.0k | |
| Managing Director of Africa | 4.3yrs | no data | no data | |
| Managing Director of EMEA | 2yrs | no data | no data | |
| President of PortalGuard | no data | no data | no data |
7.3yrs
Average Tenure
61yo
Average Age
Experienced Management: BKYI's management team is seasoned and experienced (7.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 21.3yrs | US$372.08k | 0.84% $ 25.1k | |
| MD of Hong Kong & Vice-Chairman of the Board | 8.4yrs | no data | 1.73% $ 51.6k | |
| Independent Director | less than a year | no data | 0.11% $ 3.4k | |
| Independent Director | 7.1yrs | US$16.01k | 0.20% $ 6.1k | |
| Independent Director | 4.1yrs | US$16.01k | 0.19% $ 5.6k |
7.1yrs
Average Tenure
66yo
Average Age
Experienced Board: BKYI's board of directors are considered experienced (7.1 years average tenure).