Nortech Systems Management

Management criteria checks 4/4

Nortech Systems' CEO is Jay Miller, appointed in Jan 2019, has a tenure of 5.25 years. total yearly compensation is $819.52K, comprised of 63.5% salary and 36.5% bonuses, including company stock and options. directly owns 1.01% of the company’s shares, worth $477.48K. The average tenure of the management team and the board of directors is 3.8 years and 4.6 years respectively.

Key information

Jay Miller

Chief executive officer

US$819.5k

Total compensation

CEO salary percentage	63.5%
CEO tenure	5.3yrs
CEO ownership	1.0%
Management average tenure	3.8yrs
Board average tenure	4.6yrs

Recent management updates

Recent updates

There's No Escaping Nortech Systems Incorporated's (NASDAQ:NSYS) Muted Earnings Despite A 27% Share Price Rise

Apr 26

Nortech Systems' (NASDAQ:NSYS) Promising Earnings May Rest On Soft Foundations

Mar 27

Nortech Systems Incorporated's (NASDAQ:NSYS) Share Price Is Matching Sentiment Around Its Earnings

Jan 31

Is Nortech Systems (NASDAQ:NSYS) Using Too Much Debt?

Sep 24

Nortech Systems GAAP EPS of $0.25, revenue of $32.5M

Aug 10

Do Its Financials Have Any Role To Play In Driving Nortech Systems Incorporated's (NASDAQ:NSYS) Stock Up Recently?

Jan 11

CEO Compensation Analysis

How has Jay Miller's remuneration changed compared to Nortech Systems's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$820k	US$520k	US$7m
Sep 30 2023	n/a	n/a	US$2m
Jun 30 2023	n/a	n/a	US$2m
Mar 31 2023	n/a	n/a	US$3m
Dec 31 2022	US$1m	US$498k	US$2m
Sep 30 2022	n/a	n/a	US$7m
Jun 30 2022	n/a	n/a	US$9m
Mar 31 2022	n/a	n/a	US$9m
Dec 31 2021	US$526k	US$424k	US$7m
Sep 30 2021	n/a	n/a	-US$1m
Jun 30 2021	n/a	n/a	-US$3m
Mar 31 2021	n/a	n/a	-US$3m
Dec 31 2020	US$458k	US$426k	-US$2m
Sep 30 2020	n/a	n/a	US$2m
Jun 30 2020	n/a	n/a	US$701k
Mar 31 2020	n/a	n/a	-US$728k
Dec 31 2019	US$855k	US$350k	-US$1m
Sep 30 2019	n/a	n/a	-US$2m
Jun 30 2019	n/a	n/a	-US$2m
Mar 31 2019	n/a	n/a	US$194k
Dec 31 2018	US$22k	n/a	US$166k

Compensation vs Market: Jay's total compensation ($USD819.52K) is about average for companies of similar size in the US market ($USD668.06K).

Compensation vs Earnings: Jay's compensation has been consistent with company performance over the past year.

CEO

Jay Miller (63 yo)

5.3yrs

Tenure

US$819,520

Compensation

Mr. Jay Dean Miller has been President and Chief Executive Officer of Nortech Systems Incorporated since February 27, 2019. Mr. Miller is a Director at Nortech Systems Incorporated since May 09, 2018 and w...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Jay Miller	President	5.3yrs	US$819.52k	1.01% $ 477.5k
Andrew LaFrence	CFO & SVP of Finance	less than a year	US$536.10k	no data
John Lindeen	Senior Vice President of Global Operations	5.3yrs	US$390.55k	0% $ 0
Corey Hancock	Vice President of Sales & Business Development	no data	no data	no data
Monica Hamling	Vice President of People Operations & Culture	2.4yrs	no data	no data
Alan Nordstrom	Corporate Controller	no data	no data	no data
Mark Hooley	Secretary	no data	no data	no data

3.8yrs

Average Tenure

60yo

Average Age

Experienced Management: NSYS's management team is considered experienced (3.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Jay Miller	President	5.9yrs	US$819.52k	1.01% $ 477.5k
David Kunin	Chairman	9.9yrs	US$95.11k	2.5% $ 1.2m
Stacy Kruse	Independent Director	2.9yrs	US$85.61k	0.055% $ 25.9k
Steven Rosenstone	Independent Director	5.9yrs	US$75.94k	0.055% $ 25.9k
Daniel Sachs	Independent Director	3.3yrs	US$84.94k	0.055% $ 25.9k
Ryan McManus	Director	8.3yrs	US$76.61k	0.27% $ 129.7k
Amy Fredregill	Independent Director	less than a year	US$27.20k	no data
Jose Peris	Independent Director	less than a year	US$27.20k	no data

4.6yrs

Average Tenure

63yo

Average Age

Experienced Board: NSYS's board of directors are considered experienced (4.6 years average tenure).

Nortech Systems Management

Management criteria checks 4/4

Key information

Recent management updates

Nortech Systems Incorporated, Annual General Meeting, May 15, 2024

Nortech Systems, Inc. Names Andrew LaFrence as Senior Vice President of Finance

Nortech Systems Incorporated Elects Two New Members to Board of Directors

Nortech Systems Incorporated Announces Chief Financial Officer Changes

Less than half of directors are independent

Nortech Systems Incorporated Announces David Graff as Board Member

Recent updates

There's No Escaping Nortech Systems Incorporated's (NASDAQ:NSYS) Muted Earnings Despite A 27% Share Price Rise

Investor sentiment improves as stock rises 26%

Nortech Systems' (NASDAQ:NSYS) Promising Earnings May Rest On Soft Foundations

Third quarter 2023 earnings released: EPS: US$0.44 (vs US$0.57 in 3Q 2022)

Investor sentiment improves as stock rises 28%

Nortech Systems Incorporated to Report Q4, 2023 Results on Mar 20, 2024

Nortech Systems Incorporated's (NASDAQ:NSYS) Share Price Is Matching Sentiment Around Its Earnings

Nortech Systems Incorporated Expands Fiber Optic Capabilities with Innovative Expanded Beam Xtreme Technology

Nortech Systems Incorporated, Annual General Meeting, May 15, 2024

Nortech Systems, Inc. Names Andrew LaFrence as Senior Vice President of Finance

Third quarter 2023 earnings released: EPS: US$0.44 (vs US$0.57 in 3Q 2022)

Nortech Systems Incorporated Elects Two New Members to Board of Directors

Nortech Systems Incorporated to Report Q3, 2023 Results on Nov 08, 2023

New minor risk - Shareholder dilution

Second quarter 2023 earnings released: EPS: US$0.23 (vs US$0.27 in 2Q 2022)

Nortech Systems Incorporated to Report Q2, 2023 Results on Aug 09, 2023

Investor sentiment deteriorates as stock falls 16%

Nortech Systems Incorporated Announces Chief Financial Officer Changes

Less than half of directors are independent

First quarter 2023 earnings released: EPS: US$0.25 (vs US$0.051 in 1Q 2022)

Full year 2022 earnings released: EPS: US$0.75 (vs US$2.69 in FY 2021)

Investor sentiment deteriorates as stock falls 19%

Investor sentiment deteriorated over the past week

Third quarter 2022 earnings released: EPS: US$0.57 (vs US$1.33 in 3Q 2021)

Investor sentiment improved over the past week

Is Nortech Systems (NASDAQ:NSYS) Using Too Much Debt?

Investor sentiment improved over the past week

Second quarter 2022 earnings released: EPS: US$0.27 (vs US$0.067 in 2Q 2021)

Nortech Systems GAAP EPS of $0.25, revenue of $32.5M

Nortech Systems Incorporated to Report Q2, 2022 Results on Aug 10, 2022

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Nortech Systems Incorporated Announces David Graff as Board Member

First quarter 2022 earnings released: EPS: US$0.051 (vs US$0.58 loss in 1Q 2021)

Investor sentiment improved over the past week

Nortech Systems Incorporated, Annual General Meeting, May 11, 2022

Third quarter 2021 earnings released: EPS US$1.33 (vs US$0.74 in 3Q 2020)

Second quarter 2021 earnings released: EPS US$0.067 (vs US$0.046 loss in 2Q 2020)

Independent Director has left the company

First quarter 2021 earnings released: US$0.58 loss per share (vs US$0.052 profit in 1Q 2020)

Full year 2020 earnings released: US$0.58 loss per share (vs US$0.46 loss in FY 2019)

Nortech Systems Incorporated Reports Loss on Impairment of Goodwill for the Fourth Quarter Ended December 31, 2020

Nortech Systems, Incorporated Announces Board and Committee Changes

New 90-day high: US$8.65

Investor sentiment improved over the past week

New 90-day high: US$8.42

Investor sentiment improved over the past week

Do Its Financials Have Any Role To Play In Driving Nortech Systems Incorporated's (NASDAQ:NSYS) Stock Up Recently?

Investor sentiment deteriorated over the past week

Nortech Systems -4.3% as CFO buys 14.6K shares

Investor sentiment improved over the past week

Investor sentiment improved over the past week

New 90-day high: US$5.04

Nortech Systems Incorporated Announces Board Changes

Third quarter 2020 earnings released: EPS US$0.73

Nortech Systems reports Q3 results

Nortech Systems Incorporated Names Christopher D. Jones as CFO

Nortech Systems names new finance chief

Essjay Investment Company, LLC entered into an agreement to acquire Manufacturing Facilities in Bemidji and Mankato, Minnesota from Nortech Systems Incorporated (NasdaqCM:NSYS) for $6.3 million.

Nortech Systems Incorporated to Close its Merrifield, Minnesota, Production Facility

New 90-day high - US$4.61

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members