Rekor Systems Management
Management criteria checks 4/4
Rekor Systems' CEO is Robert Berman, appointed in Mar 2016, has a tenure of 8.08 years. total yearly compensation is $405.83K, comprised of 97.2% salary and 2.8% bonuses, including company stock and options. directly owns 2.84% of the company’s shares, worth $4.48M. The average tenure of the management team and the board of directors is 4.6 years and 4.8 years respectively.
Key information
Robert Berman
Chief executive officer
US$405.8k
Total compensation
| CEO salary percentage | 97.2% |
| CEO tenure | 8.1yrs |
| CEO ownership | 2.8% |
| Management average tenure | 4.6yrs |
| Board average tenure | 4.8yrs |
Recent management updates
Recent updates
Why We're Not Concerned Yet About Rekor Systems, Inc.'s (NASDAQ:REKR) 25% Share Price Plunge
Mar 06
Rekor Systems, Inc.'s (NASDAQ:REKR) P/S Is Still On The Mark Following 35% Share Price Bounce
Jan 09Is Rekor Systems (NASDAQ:REKR) Using Too Much Debt?
Oct 11Is Rekor Systems (NASDAQ:REKR) Weighed On By Its Debt Load?
Jun 25Rekor Systems (NASDAQ:REKR) Has Debt But No Earnings; Should You Worry?
Jan 12Rekor Systems COO Rodney Hillman to depart, David Desharnais to succeed
Sep 28Rekor Systems Aims For Revenue Growth But Operating Losses Remain High
Sep 02Rekor Systems GAAP EPS of -$0.33 misses by $0.07, revenue of $4.33M beats by $0.52M
Aug 11Rekor Systems stock gains on multimillion dollar contract from Florida DOT
Jul 26Despite Lacking Profits Rekor Systems (NASDAQ:REKR) Seems To Be On Top Of Its Debt
Oct 10It May Be Possible That Rekor Systems, Inc.'s (NASDAQ:REKR) CEO Compensation Could Get Bumped Up
Sep 08Rekor Systems Is Driving Automation Using Video, Recently Shorts Created A Value Opportunity
Aug 06Rock star Growth Puts Rekor Systems (NASDAQ:REKR) In A Position To Use Debt
Jun 08Rekor Systems: Lackluster Growth Runway And Exaggerated Insurance Scheme Raise Substantial Downside Risk
May 26Earnings Release: Here's Why Analysts Cut Their Rekor Systems, Inc. (NASDAQ:REKR) Price Target To US$22.83
May 13Rekor Systems plunges on speculation that Texas bill on uninsured vehicle enforcement may be dead
May 10Rekor Systems, Inc. (NASDAQ:REKR): Is Breakeven Near?
Feb 10Rekor under pressure on launching stock offering
Feb 04CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$406k | US$394k | -US$46m |
| Sep 30 2023 | n/a | n/a | -US$42m |
| Jun 30 2023 | n/a | n/a | -US$79m |
| Mar 31 2023 | n/a | n/a | -US$83m |
| Dec 31 2022 | US$710k | US$695k | -US$83m |
| Sep 30 2022 | n/a | n/a | -US$84m |
| Jun 30 2022 | n/a | n/a | -US$45m |
| Mar 31 2022 | n/a | n/a | -US$35m |
| Dec 31 2021 | US$2m | US$645k | -US$28m |
| Sep 30 2021 | n/a | n/a | -US$23m |
| Jun 30 2021 | n/a | n/a | -US$21m |
| Mar 31 2021 | n/a | n/a | -US$17m |
| Dec 31 2020 | US$520k | US$495k | -US$15m |
| Sep 30 2020 | n/a | n/a | -US$16m |
| Jun 30 2020 | n/a | n/a | -US$12m |
| Mar 31 2020 | n/a | n/a | -US$15m |
| Dec 31 2019 | US$518k | US$453k | -US$14m |
| Sep 30 2019 | n/a | n/a | -US$12m |
| Jun 30 2019 | n/a | n/a | -US$9m |
| Mar 31 2019 | n/a | n/a | -US$7m |
| Dec 31 2018 | US$395k | US$395k | -US$7m |
| Sep 30 2018 | n/a | n/a | -US$8m |
| Jun 30 2018 | n/a | n/a | -US$8m |
| Mar 31 2018 | n/a | n/a | -US$8m |
| Dec 31 2017 | US$395k | US$395k | -US$6m |
Compensation vs Market: Robert's total compensation ($USD405.83K) is below average for companies of similar size in the US market ($USD1.65M).
Compensation vs Earnings: Robert's compensation has been consistent with company performance over the past year.
CEO
Robert Berman (62 yo)
8.1yrs
Tenure
US$405,829
Compensation
Mr. Robert Alan Berman has been the Chief Executive Officer of Rekor Systems, Inc. (formerly known as Novume Solutions, Inc.) since March 16, 2016 and had been its President since October 29, 2018 and has...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman & CEO | 8.1yrs | US$405.83k | 2.84% $ 4.5m | |
| President & COO | 2.3yrs | US$803.72k | 0.21% $ 336.8k | |
| Chief Financial Officer | 4.9yrs | US$485.14k | 0.097% $ 152.4k | |
| Chief Technology Officer | 4.2yrs | no data | 0.039% $ 61.1k | |
| Chief Science Officer | 5.4yrs | no data | 0% $ 0 | |
| Director of Investor Relations | 2.8yrs | no data | no data | |
| Outside General Counsel | 4.9yrs | no data | no data | |
| Executive Vice President of Government Relations & Corporate Communications | 4.9yrs | no data | no data | |
| Chief People Officer | 2.3yrs | no data | 0.022% $ 34.6k | |
| Executive Vice President of Strategic Program Development | 6.7yrs | US$355.26k | no data | |
| Chief Innovation Officer | 4.3yrs | no data | no data | |
| Chief Revenue Officer | 2.8yrs | no data | 0.041% $ 64.7k |
4.6yrs
Average Tenure
58.5yo
Average Age
Experienced Management: REKR's management team is considered experienced (4.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman & CEO | 8.1yrs | US$405.83k | 2.84% $ 4.5m | |
| Independent Director | 5.4yrs | US$99.58k | 0.076% $ 119.3k | |
| Independent Director | less than a year | no data | no data | |
| Independent Lead Director | 7.3yrs | US$323.37k | 0.099% $ 156.3k | |
| Independent Director | less than a year | US$196.00k | no data | |
| Independent Director | 4.8yrs | US$93.33k | 0.076% $ 119.3k | |
| Independent Director | 8.1yrs | US$289.87k | 0.20% $ 314.8k | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | less than a year | no data | no data |
4.8yrs
Average Tenure
60yo
Average Age
Experienced Board: REKR's board of directors are considered experienced (4.8 years average tenure).