Maris-Tech Management
Management criteria checks 2/4
We currently do not have sufficient information about the CEO.
Key information
Israel Bar
Chief executive officer
US$424.7k
Total compensation
| CEO salary percentage | 66.8% |
| CEO tenure | 16yrs |
| CEO ownership | 31.5% |
| Management average tenure | 3.3yrs |
| Board average tenure | 1.8yrs |
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 |
|---|---|---|---|
| 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 ($USD663.90K).
Compensation vs Earnings: Israel's compensation has increased whilst the company is unprofitable.
CEO
Israel Bar (68 yo)
16yrs
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 | 16yrs | US$424.73k | 31.52% $ 3.7m | |
| Chief Financial Officer | 2.1yrs | US$270.28k | no data | |
| Chief Operating Officer | 14.5yrs | US$237.07k | no data | |
| Chief Technology Officer | 12.2yrs | US$217.98k | no data | |
| VP of Marketing & Business Development | 3.3yrs | US$227.98k | no data | |
| Chief Accountant | 1.3yrs | no data | no data | |
| Head of Industrial & Mechanical Design | no data | no data | no data | |
| Member of Advisory Board & MD | 1.3yrs | no data | no data |
3.3yrs
Average Tenure
58yo
Average Age
Experienced Management: MTEK's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 16yrs | US$424.73k | 31.52% $ 3.7m | |
| Member of Advisory Board & MD | 1.3yrs | no data | no data | |
| Independent Chairman | 2.3yrs | no data | 0% $ 0 | |
| Director | 3.2yrs | no data | 10.92% $ 1.3m | |
| Independent Director | 2.3yrs | no data | 0% $ 0 | |
| Member of Advisory Board | 1.3yrs | no data | no data | |
| Independent Director | 1.4yrs | no data | no data | |
| Member of Advisory Board | less than a year | no data | no data |
1.8yrs
Average Tenure
68yo
Average Age
Experienced Board: MTEK's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.