PowerFleet Management
Management criteria checks 1/4
PowerFleet's CEO is Steve Towe, appointed in Jan 2022, has a tenure of 2.33 years. total yearly compensation is $3.03M, comprised of 14% salary and 86% bonuses, including company stock and options. directly owns 1.06% of the company’s shares, worth $5.79M. The average tenure of the management team and the board of directors is 0.8 years and 2.3 years respectively.
Key information
Steve Towe
Chief executive officer
US$3.0m
Total compensation
| CEO salary percentage | 14.0% |
| CEO tenure | 2.3yrs |
| CEO ownership | 1.1% |
| Management average tenure | less than a year |
| Board average tenure | 2.3yrs |
Recent management updates
Recent updates
PowerFleet, Inc.'s (NASDAQ:PWFL) 28% Dip In Price Shows Sentiment Is Matching Revenues
Aug 11
Is PowerFleet (NASDAQ:PWFL) A Risky Investment?
Jun 28PowerFleet (NASDAQ:PWFL) Is Making Moderate Use Of Debt
Mar 10Does PowerFleet (NASDAQ:PWFL) Have A Healthy Balance Sheet?
Aug 11PowerFleet Non-GAAP EPS of $0.03 beats by $0.08, revenue of $34.6M beats by $0.24M
Aug 08PowerFleet, Inc.'s (NASDAQ:PWFL) CEO Compensation Is Looking A Bit Stretched At The Moment
Jul 13What Is PowerFleet, Inc.'s (NASDAQ:PWFL) Share Price Doing?
May 06PowerFleet EPS misses by $0.02, revenue in-line
May 05When Will PowerFleet, Inc. (NASDAQ:PWFL) Breakeven?
Apr 06An Intrinsic Calculation For PowerFleet, Inc. (NASDAQ:PWFL) Suggests It's 20% Undervalued
Mar 16Can You Imagine How PowerFleet's (NASDAQ:PWFL) Shareholders Feel About The 77% Share Price Increase?
Feb 23CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -US$10m |
| Sep 30 2023 | n/a | n/a | -US$9m |
| Jun 30 2023 | n/a | n/a | -US$7m |
| Mar 31 2023 | n/a | n/a | -US$4m |
| Dec 31 2022 | US$3m | US$425k | -US$12m |
Compensation vs Market: Steve's total compensation ($USD3.03M) is about average for companies of similar size in the US market ($USD2.44M).
Compensation vs Earnings: Insufficient data to compare Steve's compensation with company performance.
CEO
Steve Towe (50 yo)
2.3yrs
Tenure
US$3,027,742
Compensation
Mr. Steve Towe serves as Chief Executive Officer and Director of PowerFleet, Inc. since January 05, 2022. Mr. Towe also serves on the board of directors of PowerFleet Israel Ltd. He had been the President...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 2.3yrs | US$3.03m | 1.06% $ 5.8m | |
| Chief Technology Officer | 2.3yrs | US$589.80k | 0.037% $ 204.8k | |
| CFO & Corporate Secretary | 1.3yrs | no data | 0.070% $ 384.0k | |
| Chief Operating Officer | less than a year | no data | 0.030% $ 163.8k | |
| Chief Marketing Officer | 1.3yrs | no data | no data | |
| Chief Corporate Development Officer | less than a year | no data | 0.041% $ 223.1k | |
| Chief Product Officer | less than a year | no data | no data | |
| Chief Customer Officer | less than a year | no data | 0.30% $ 1.7m | |
| Chief Revenue Officer | no data | no data | 1% $ 5.5m |
0.8yrs
Average Tenure
50yo
Average Age
Experienced Management: PWFL's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 2.3yrs | US$3.03m | 1.06% $ 5.8m | |
| Independent Director | less than a year | no data | no data | |
| Independent Chairman of the Board & Director | 7.4yrs | US$170.83k | 0.25% $ 1.4m | |
| Independent Non-Executive Director | 7.9yrs | no data | 4.11% $ 22.4m | |
| Independent Non Executive Director | less than a year | no data | no data |
2.3yrs
Average Tenure
50yo
Average Age
Experienced Board: PWFL's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.