Daktronics Management
Management criteria checks 3/4
Daktronics' CEO is Reece Kurtenbach, appointed in Sep 2013, has a tenure of 11.17 years. total yearly compensation is $980.52K, comprised of 51.7% salary and 48.3% bonuses, including company stock and options. directly owns 1.21% of the company’s shares, worth $8.38M. The average tenure of the management team and the board of directors is 12.2 years and 3.7 years respectively.
Key information
Reece Kurtenbach
Chief executive officer
US$980.5k
Total compensation
| CEO salary percentage | 51.7% |
| CEO tenure | 11.2yrs |
| CEO ownership | 1.2% |
| Management average tenure | 12.2yrs |
| Board average tenure | 3.7yrs |
Recent management updates
Recent updates
Sign Of The Times, Daktronics Flashes Strong Growth (Ratings Upgrade)
Sep 14Is Now An Opportune Moment To Examine Daktronics, Inc. (NASDAQ:DAKT)?
Aug 31
If EPS Growth Is Important To You, Daktronics (NASDAQ:DAKT) Presents An Opportunity
Aug 17We Think Daktronics (NASDAQ:DAKT) Can Stay On Top Of Its Debt
Aug 06Daktronics: Compelling Valuation Supported By Steady Growth And Improving Margins
Jul 11Further Upside For Daktronics, Inc. (NASDAQ:DAKT) Shares Could Introduce Price Risks After 27% Bounce
Jun 29Why We Like The Returns At Daktronics (NASDAQ:DAKT)
Jun 27Daktronics: Strong Growth Outlook But Weak Bottom-Line Margins
Apr 26The Market Doesn't Like What It Sees From Daktronics, Inc.'s (NASDAQ:DAKT) Revenues Yet
Apr 16Tiny But Mighty Daktronics
Feb 26Daktronics: Choppy Q2 FY24, Free Cash Flow Impressive, Increasing Price Target
Jan 10Daktronics' (NASDAQ:DAKT) Strong Earnings Are Of Good Quality
Dec 18These 4 Measures Indicate That Daktronics (NASDAQ:DAKT) Is Using Debt Reasonably Well
Dec 07We Think Daktronics (NASDAQ:DAKT) Can Stay On Top Of Its Debt
Apr 27Daktronics: A Unique Business With Some Upside Potential
Aug 04Here's What's Concerning About Daktronics' (NASDAQ:DAKT) Returns On Capital
Jun 15Daktronics: Industry Leader, Record Backlog Equates To Great Investment Opportunity
Jan 21Here's Why We Think Daktronics, Inc.'s (NASDAQ:DAKT) CEO Compensation Looks Fair
Aug 26Daktronics EPS in-line, misses on revenue
Jun 09Daktronics (NASDAQ:DAKT) Has Some Way To Go To Become A Multi-Bagger
May 28Daktronics (NASDAQ:DAKT) Is Posting Promising Earnings But The Good News Doesn’t Stop There
Mar 10Daktronics, Inc.'s (NASDAQ:DAKT) Stock Going Strong But Fundamentals Look Weak: What Implications Could This Have On The Stock?
Mar 08What These Trends Mean At Daktronics (NASDAQ:DAKT)
Feb 10CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jul 27 2024 | n/a | n/a | US$10m |
| Apr 27 2024 | US$981k | US$507k | US$35m |
| Jan 27 2024 | n/a | n/a | US$54m |
| Oct 28 2023 | n/a | n/a | US$46m |
| Jul 29 2023 | n/a | n/a | US$31m |
| Apr 29 2023 | US$563k | US$491k | US$7m |
| Jan 28 2023 | n/a | n/a | -US$16m |
| Oct 29 2022 | n/a | n/a | -US$24m |
| Jul 30 2022 | n/a | n/a | -US$8m |
| Apr 30 2022 | US$539k | US$470k | US$592k |
| Jan 29 2022 | n/a | n/a | US$2m |
| Oct 30 2021 | n/a | n/a | US$6m |
| Jul 31 2021 | n/a | n/a | US$7m |
| May 01 2021 | US$450k | US$387k | US$11m |
| Jan 30 2021 | n/a | n/a | US$10m |
| Oct 31 2020 | n/a | n/a | -US$3m |
| Aug 01 2020 | n/a | n/a | US$928k |
| May 02 2020 | US$519k | US$451k | US$491k |
| Feb 01 2020 | n/a | n/a | -US$9m |
| Nov 02 2019 | n/a | n/a | US$166k |
| Aug 03 2019 | n/a | n/a | US$1m |
| Apr 27 2019 | US$516k | US$444k | -US$958k |
| Jan 26 2019 | n/a | n/a | US$6m |
| Oct 27 2018 | n/a | n/a | US$3m |
| Jul 28 2018 | n/a | n/a | US$2m |
| Apr 28 2018 | US$527k | US$428k | US$6m |
Compensation vs Market: Reece's total compensation ($USD980.52K) is below average for companies of similar size in the US market ($USD3.19M).
Compensation vs Earnings: Reece's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Reece Kurtenbach (59 yo)
11.2yrs
Tenure
US$980,516
Compensation
Mr. Reece A. Kurtenbach has been the Chief Executive Officer and President of Daktronics, Inc. since September 1, 2013. He has been the Chairman of Daktronics Inc. since September 3, 2014 and has been its...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 11.2yrs | US$980.52k | 1.21% $ 8.4m | |
| CFO, Treasurer and Chief Data & Analytics Officer | 12.2yrs | US$551.65k | 0.077% $ 533.2k | |
| VP of Human Resources & Corporate Secretary | 30.8yrs | US$401.80k | 1.66% $ 11.5m | |
| Executive Vice President of Commercial | no data | US$520.70k | 0.18% $ 1.3m |
12.2yrs
Average Tenure
60yo
Average Age
Experienced Management: DAKT's management team is seasoned and experienced (12.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 11.2yrs | US$980.52k | 1.21% $ 8.4m | |
| Independent Director | 1.9yrs | US$121.84k | 0.067% $ 463.5k | |
| Lead Independent Director | 2.2yrs | US$125.59k | 0.072% $ 502.1k | |
| Independent Director | 9.2yrs | US$127.93k | 0.19% $ 1.3m | |
| Independent Director | 3.2yrs | US$127.93k | 0.093% $ 647.4k | |
| Independent Director | 4.2yrs | US$125.35k | 0.12% $ 855.5k | |
| Independent Director | 3.2yrs | US$125.35k | 0.093% $ 647.4k | |
| Independent Director | 9.4yrs | US$134.50k | 0.20% $ 1.4m |
3.7yrs
Average Tenure
65.5yo
Average Age
Experienced Board: DAKT's board of directors are considered experienced (3.7 years average tenure).