Oblong Management
Management criteria checks 2/4
Oblong's CEO is Pete Holst, appointed in Jan 2013, has a tenure of 11.33 years. total yearly compensation is $699.00K, comprised of 42.2% salary and 57.8% bonuses, including company stock and options. directly owns 0.13% of the company’s shares, worth $2.60K. The average tenure of the management team and the board of directors is 9.5 years and 2.8 years respectively.
Key information
Pete Holst
Chief executive officer
US$699.0k
Total compensation
| CEO salary percentage | 42.2% |
| CEO tenure | 11.3yrs |
| CEO ownership | 0.1% |
| Management average tenure | 9.5yrs |
| Board average tenure | 2.8yrs |
Recent management updates
Recent updates
Oblong gets 180-day extension to comply with Nasdaq's minimum bid price rule
Aug 17Is Oblong (NASDAQ:OBLG) A Risky Investment?
Oct 28
Oblong (NASDAQ:OBLG) Has Debt But No Earnings; Should You Worry?
Jul 19Oblong to be a part of Russell Microcap Index
Jun 08Is Oblong (NASDAQ:OBLG) A Risky Investment?
Apr 05Shareholders Are Thrilled That The Oblong (NASDAQ:OBLG) Share Price Increased 160%
Mar 15Breakeven On The Horizon For Oblong Inc. (NYSEMKT:OBLG)
Feb 12
Have Insiders Been Selling Oblong Inc. (NYSEMKT:OBLG) Shares This Year?
Dec 21CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$699k | US$295k | -US$6m |
| Sep 30 2023 | n/a | n/a | -US$5m |
| Jun 30 2023 | n/a | n/a | -US$12m |
| Mar 31 2023 | n/a | n/a | -US$19m |
| Dec 31 2022 | US$451k | US$295k | -US$22m |
| Sep 30 2022 | n/a | n/a | -US$23m |
| Jun 30 2022 | n/a | n/a | -US$17m |
| Mar 31 2022 | n/a | n/a | -US$10m |
| Dec 31 2021 | US$455k | US$246k | -US$10m |
| Sep 30 2021 | n/a | n/a | -US$7m |
| Jun 30 2021 | n/a | n/a | -US$8m |
| Mar 31 2021 | n/a | n/a | -US$9m |
| Dec 31 2020 | US$418k | US$200k | -US$8m |
| Sep 30 2020 | n/a | n/a | -US$14m |
| Jun 30 2020 | n/a | n/a | -US$13m |
| Mar 31 2020 | n/a | n/a | -US$10m |
| Dec 31 2019 | US$467k | US$200k | -US$8m |
Compensation vs Market: Pete's total compensation ($USD699.00K) is about average for companies of similar size in the US market ($USD674.55K).
Compensation vs Earnings: Pete's compensation has increased whilst the company is unprofitable.
CEO
Pete Holst (54 yo)
11.3yrs
Tenure
US$699,000
Compensation
Mr. Peter J. Holst, also known as Pete, has been Chief Executive Officer, President and Director of Oblong Inc. (Formerly, Glowpoint, Inc.) since January 13, 2013 and serves as its Chairman. Prior to joini...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board | 11.3yrs | US$699.00k | 0.13% $ 2.6k | |
| CFO, Treasurer & Corporate Secretary | 11.2yrs | US$443.00k | 0.020% $ 390.8 | |
| Chief Operating Officer | 7.8yrs | no data | no data | |
| Chief Revenue Officer | 7.8yrs | no data | no data | |
| Senior VP of IT & Operations | no data | no data | no data |
9.5yrs
Average Tenure
Experienced Management: OBLG's management team is seasoned and experienced (9.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board | 11.3yrs | US$699.00k | 0.13% $ 2.6k | |
| Independent Director | 2.8yrs | US$121.00k | no data | |
| Independent Director | 4.8yrs | US$127.00k | 0% $ 0 | |
| Independent Director | less than a year | US$17.00k | no data | |
| Independent Director | less than a year | US$17.00k | 0% $ 0 |
2.8yrs
Average Tenure
54yo
Average Age
Experienced Board: OBLG's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.