Mitek Systems Management
Management criteria checks 2/4
Mitek Systems' CEO is Ed West, appointed in Oct 2024, has a tenure of 1.33 years. total yearly compensation is $9.41M, comprised of 5.3% salary and 94.7% bonuses, including company stock and options. directly owns 0.48% of the company’s shares, worth $2.18M. The average tenure of the management team and the board of directors is 2.1 years and 4.3 years respectively.
Key information
Ed West
Chief executive officer
US$9.4m
Total compensation
| CEO salary percentage | 5.31% |
| CEO tenure | 1.3yrs |
| CEO ownership | 0.5% |
| Management average tenure | 2.1yrs |
| Board average tenure | 4.3yrs |
Recent management updates
Recent updates
Mitek Systems' (NASDAQ:MITK) Strong Earnings Are Of Good Quality
Aug 15
Mitek Systems, Inc.'s (NASDAQ:MITK) Prospects Need A Boost To Lift Shares
Aug 09
MiVIP Integration And Fraud Solutions Will Boost Future Operational Efficiency
Mitek's strategies for SaaS revenue growth and automation aim to boost stability, improve unit economics, and enhance margins.Mitek Systems Earnings: Strong Q4 Results Propel Stock Higher
Dec 17The Market Doesn't Like What It Sees From Mitek Systems, Inc.'s (NASDAQ:MITK) Revenues Yet As Shares Tumble 30%
Aug 31Market Still Lacking Some Conviction On Mitek Systems, Inc. (NASDAQ:MITK)
Jul 17Mitek Systems: Growth Re-Acceleration Likely Around The Corner
May 21Mitek Systems Is Fundamentally Undervalued Despite Recent Issues
Jan 10CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2025 | US$9m | US$500k | US$9m |
Compensation vs Market: Ed's total compensation ($USD9.41M) is above average for companies of similar size in the US market ($USD2.24M).
Compensation vs Earnings: Insufficient data to compare Ed's compensation with company performance.
CEO
Ed West (58 yo)
Mr. Edward H. West, also known as Ed, is CEO & Director of Mitek Systems, Inc. from October 1, 2024. Mr. West had been the Chief Executive Officer at Cardtronics plc since January 1, 2018 until June 21, 20...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 1.3yrs | US$9.41m | 0.48% $ 2.2m | |
| Chief Financial Officer | 2.1yrs | US$2.05m | 0.098% $ 447.0k | |
| Chief Operating Officer | less than a year | US$4.82m | no data | |
| Chief Legal Officer | 3.1yrs | US$1.63m | 0.22% $ 995.4k | |
| GM & Senior VP of Digital Banking | 10.1yrs | US$1.67m | 0.29% $ 1.3m | |
| CTO & Chief Innovation Officer | 1.2yrs | no data | no data | |
| Investor Contacts | no data | no data | no data | |
| Chief Marketing Officer | no data | no data | no data | |
| Senior Vice President of People Operations | 6.6yrs | no data | no data |
Experienced Management: MITK's management team is considered experienced (2.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 1.3yrs | US$9.41m | 0.48% $ 2.2m | |
| Member of Advisory Board | 17.1yrs | no data | no data | |
| Independent Director | less than a year | US$198.76k | 0.079% $ 359.7k | |
| Member of Advisory Board | 11.3yrs | no data | no data | |
| Independent Director | 3.9yrs | US$220.01k | 0.053% $ 239.8k | |
| Independent Director | 1.3yrs | US$289.01k | 0% $ 0 | |
| Director Emeritus | no data | US$22.00k | no data | |
| Independent Director | 6.3yrs | US$225.65k | 0.084% $ 382.5k | |
| Lead Independent Director | 5.3yrs | US$227.51k | 0.098% $ 445.2k | |
| Independent Non-Executive Chairman | 3.9yrs | US$285.01k | 0.42% $ 1.9m | |
| Independent Director | 4.7yrs | US$232.51k | 0.065% $ 294.1k |
Experienced Board: MITK's board of directors are considered experienced (4.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/02/01 18:12 |
| End of Day Share Price | 2026/01/30 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2025/09/30 |
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.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Mitek Systems, Inc. is covered by 12 analysts. 5 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 |
|---|---|
| Mark Schappel | Benchmark Company |
| Joel Fishbein | BTIG |
| David Scharf | Citizens JMP Securities, LLC |