Maris-Tech Management
Management criteria checks 2/4
Maris-Tech's CEO is Israel Bar, appointed in May 2008, has a tenure of 16.5 years. total yearly compensation is $424.73K, comprised of 66.8% salary and 33.2% bonuses, including company stock and options. directly owns 31.52% of the company’s shares, worth $4.35M. The average tenure of the management team and the board of directors is 3.8 years and 2.3 years respectively.
Key information
Israel Bar
Chief executive officer
US$424.7k
Total compensation
| CEO salary percentage | 66.8% |
| CEO tenure | 16.5yrs |
| CEO ownership | 31.5% |
| Management average tenure | 3.8yrs |
| Board average tenure | 2.3yrs |
Recent management updates
Recent updates
Maris-Tech receives court approval for up to $1M share buyback
Oct 03Maris-Tech enters agreement with defense company for up to $0.5M in orders
Sep 21Maris-Tech GAAP EPS of -$0.32, revenue of $0.97M
Aug 23Maris-Tech received a repeat $250,000 order from a leading defense company customer
Jul 18Maris-Tech stock gains premarket after firm's solution selected for lunar mission
Jul 05Maris-Tech bags purchase order for $300,000 from UK-based distributor
Jun 29CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | -US$314k |
| Mar 31 2024 | n/a | n/a | -US$2m |
| Dec 31 2023 | US$425k | US$284k | -US$3m |
| Sep 30 2023 | n/a | n/a | -US$3m |
| Jun 30 2023 | n/a | n/a | -US$4m |
| Mar 31 2023 | n/a | n/a | -US$4m |
| Dec 31 2022 | US$352k | US$352k | -US$4m |
Compensation vs Market: Israel's total compensation ($USD424.73K) is below average for companies of similar size in the US market ($USD653.78K).
Compensation vs Earnings: Israel's compensation has increased whilst the company is unprofitable.
CEO
Israel Bar (69 yo)
16.5yrs
Tenure
US$424,732
Compensation
Mr. Israel Bar has been Chief Executive Officer and Director of Maris-Tech Ltd since inception in May 2008 and is its Founder. Prior to that, from 1999 to 2008 Mr. Bar served as chief executive officer, he...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 16.5yrs | US$424.73k | 31.52% $ 4.3m | |
| Chief Financial Officer | 2.6yrs | US$270.28k | no data | |
| Chief Operating Officer | 15yrs | US$237.07k | no data | |
| Chief Technology Officer | 12.7yrs | US$217.98k | no data | |
| VP of Marketing & Business Development | 3.8yrs | US$227.98k | no data | |
| Chief Accountant | 1.8yrs | no data | no data | |
| Head of Industrial & Mechanical Design | no data | no data | no data | |
| Member of Advisory Board & MD | 1.8yrs | no data | no data |
3.8yrs
Average Tenure
59yo
Average Age
Experienced Management: MTEK's management team is considered experienced (3.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 16.5yrs | US$424.73k | 31.52% $ 4.3m | |
| Member of Advisory Board & MD | 1.8yrs | no data | no data | |
| Independent Chairman | 2.8yrs | no data | 0% $ 0 | |
| Director | 3.7yrs | no data | 10.92% $ 1.5m | |
| Independent Director | 2.8yrs | no data | 0% $ 0 | |
| Member of Advisory Board | 1.8yrs | no data | no data | |
| Independent Director | 1.9yrs | no data | no data | |
| Member of Advisory Board | 1.1yrs | no data | no data |
2.3yrs
Average Tenure
69yo
Average Age
Experienced Board: MTEK's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.