Lantronix Management
Management criteria checks 2/4
Lantronix’s CEO is Paul Pickle, appointed in Apr 2019, he has a tenure of 4.1yrs. His total yearly compensation is US$1.2m, comprised of 34.1% salary and 65.9% bonuses, including company stock and options. He directly owns 1.8% of the company’s shares, worth US$3.2m. The average tenure of the management team and the board of directors is 3.7yrs and 1.5yrs respectively.
Key information
Paul Pickle
Chief executive officer
US$1.2m
Total compensation
| CEO salary percentage | 34.1% |
| CEO tenure | 4.1yrs |
| CEO ownership | 1.8% |
| Management average tenure | 3.7yrs |
| Board average tenure | 1.5yrs |
Recent management updates
Recent updates
Is Lantronix (NASDAQ:LTRX) A Risky Investment?
Jan 31
Why We Think Lantronix, Inc.'s (NASDAQ:LTRX) CEO Compensation Is Not Excessive At All
Nov 03Is Lantronix (NASDAQ:LTRX) Using Too Much Debt?
Sep 23Lantronix acquires Uplogix for $8M
Sep 12Lantronix Q4 2022 Earnings Preview
Aug 24Lantronix Q4 2022 Earnings Preview
Aug 17Lantronix: Breakdown Of My Second Largest Holding
Aug 10Health Check: How Prudently Does Lantronix (NASDAQ:LTRX) Use Debt?
Apr 23An Intrinsic Calculation For Lantronix, Inc. (NASDAQ:LTRX) Suggests It's 21% Undervalued
Nov 21Shareholders Will Most Likely Find Lantronix, Inc.'s (NASDAQ:LTRX) CEO Compensation Acceptable
Nov 03Is Lantronix (NASDAQ:LTRX) Using Debt Sensibly?
Jul 19Lantronix, Inc.'s (NASDAQ:LTRX) Intrinsic Value Is Potentially 59% Above Its Share Price
Jun 14Read This Before Selling Lantronix, Inc. (NASDAQ:LTRX) Shares
Mar 01Could The Lantronix, Inc. (NASDAQ:LTRX) Ownership Structure Tell Us Something Useful?
Jan 25Lantronix: IoT Bets Will Drive A Resurgence
Jan 05The Lantronix (NASDAQ:LTRX) Share Price Is Up 286% And Shareholders Are Boasting About It
Dec 21CEO Compensation Analysis
| Date | Total Comp. | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2023 | n/a | n/a | -US$5m |
| Dec 31 2022 | n/a | n/a | -US$5m |
| Sep 30 2022 | n/a | n/a | -US$5m |
| Jun 30 2022 | US$1m | US$400k | -US$5m |
| Mar 31 2022 | n/a | n/a | -US$9m |
| Dec 31 2021 | n/a | n/a | -US$7m |
| Sep 30 2021 | n/a | n/a | -US$6m |
| Jun 30 2021 | US$1m | US$400k | -US$4m |
| Mar 31 2021 | n/a | n/a | -US$5m |
| Dec 31 2020 | n/a | n/a | -US$9m |
| Sep 30 2020 | n/a | n/a | -US$9m |
| Jun 30 2020 | US$1m | US$400k | -US$11m |
| Mar 31 2020 | n/a | n/a | -US$10m |
| Dec 31 2019 | n/a | n/a | -US$4m |
| Sep 30 2019 | n/a | n/a | -US$3m |
| Jun 30 2019 | US$2m | US$92k | -US$408k |
Compensation vs Market: Paul's total compensation ($USD1.17M) is below average for companies of similar size in the US market ($USD1.79M).
Compensation vs Earnings: Paul's compensation has increased whilst the company is unprofitable.
CEO
Paul Pickle (52 yo)
4.1yrs
Tenure
US$1,172,445
Compensation
Mr. Paul H. Pickle is President, Chief Executive Officer and Director at Lantronix Inc. since April 22, 2019. He served as President of Microsemi Storage Solutions, Inc. since January 15, 2016 until May 29...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.1yrs | US$1.17m | 1.81% $ 3.2m | |
| Chief Financial Officer | 11.7yrs | US$665.42k | 0.65% $ 1.1m | |
| Vice President of Worldwide Sales | 3.3yrs | US$549.24k | 0.34% $ 597.4k | |
| Head of Corporate Development & Investor Relations | 2.9yrs | no data | no data | |
| Corporate Marketing & Communications Manager | no data | no data | no data | |
| Vice President of Marketing | 2.3yrs | no data | no data | |
| Head of Americas Sales | 4.8yrs | no data | no data | |
| Vice President of Business Affairs & Corporate Secretary | no data | no data | no data | |
| Executive Assistant | no data | no data | no data | |
| VP of Research & Development | no data | no data | no data |
3.7yrs
Average Tenure
58yo
Average Age
Experienced Management: LTRX's management team is considered experienced (3.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.1yrs | US$1.17m | 1.81% $ 3.2m | |
| Independent Chairman of the Board | 10.9yrs | US$159.68k | 0.086% $ 151.2k | |
| Independent Director | 12.4yrs | US$147.81k | 0.38% $ 660.7k | |
| Chairman of Advisory Board | 1.5yrs | US$54.16k | 0.36% $ 631.0k | |
| Independent Director | less than a year | no data | 0.018% $ 31.0k | |
| Member of Advisory Board | less than a year | US$148.27k | 0.076% $ 132.8k | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 1.5yrs | US$126.93k | 0.045% $ 79.4k |
1.5yrs
Average Tenure
58.5yo
Average Age
Experienced Board: LTRX's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.