Red Cat Holdings Management

Management criteria checks 2/4

Red Cat Holdings' CEO is Jeff Thompson, appointed in Mar 2016, has a tenure of 8.08 years. total yearly compensation is $826.35K, comprised of 36.3% salary and 63.7% bonuses, including company stock and options. directly owns 17.4% of the company’s shares, worth $17.96M. The average tenure of the management team and the board of directors is 0.4 years and 3.3 years respectively.

Key information

Jeff Thompson

Chief executive officer

US$826.4k

Total compensation

CEO salary percentage	36.3%
CEO tenure	8.1yrs
CEO ownership	17.4%
Management average tenure	less than a year
Board average tenure	3.3yrs

Recent management updates

Recent updates

Red Cat Holdings GAAP EPS of -$0.07 misses by $0.04, revenue of $3.07M beats by $0.42M

Sep 12

Red Cat Holdings Prepares For Golden Eagle Drone Demand Jump

Jun 21

Is Red Cat Holdings (NASDAQ:RCAT) Using Too Much Debt?

May 19

CEO Compensation Analysis

How has Jeff Thompson's remuneration changed compared to Red Cat Holdings's earnings?
Date	Total Compensation	Salary	Company Earnings
Jan 31 2024	n/a	n/a	-US$27m
Oct 31 2023	n/a	n/a	-US$28m
Jul 31 2023	n/a	n/a	-US$29m
Apr 30 2023	US$826k	US$300k	-US$27m
Jan 31 2023	n/a	n/a	-US$20m
Oct 31 2022	n/a	n/a	-US$17m
Jul 31 2022	n/a	n/a	-US$14m
Apr 30 2022	US$409k	US$255k	-US$12m
Jan 31 2022	n/a	n/a	-US$10m
Oct 31 2021	n/a	n/a	-US$16m
Jul 31 2021	n/a	n/a	-US$14m
Apr 30 2021	US$2m	US$160k	-US$13m
Jan 31 2021	n/a	n/a	-US$11m
Oct 31 2020	n/a	n/a	-US$2m
Jul 31 2020	n/a	n/a	-US$2m
Apr 30 2020	US$160k	US$160k	-US$2m

Compensation vs Market: Jeff's total compensation ($USD826.35K) is about average for companies of similar size in the US market ($USD670.12K).

Compensation vs Earnings: Jeff's compensation has increased whilst the company is unprofitable.

CEO

Jeff Thompson (59 yo)

8.1yrs

Tenure

US$826,352

Compensation

Mr. Jeffrey M. Thompson, also known as Jeff, is Director of Unusual Machines, Inc. since 2019. He is Founder of Red Cat Holdings, Inc. and serves as its Chief Executive Officer since March 2016 and also se...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Jeffrey Thompson	Founder	8.1yrs	US$826.35k	17.4% $ 18.0m
Leah Lunger	Interim CFO	less than a year	no data	0.0014% $ 1.4k
George Matus	Chief Technology Officer	less than a year	no data	0.39% $ 405.4k
Stan Nowak	Vice President of Marketing	no data	no data	no data
Giuseppe Santangelo	Chief Executive Officer of Skypersonic	no data	no data	no data

0.4yrs

Average Tenure

Experienced Management: RCAT's management team is not considered experienced ( 0.4 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Jeffrey Thompson	Founder	4.9yrs	US$826.35k	17.4% $ 18.0m
Christopher Moe	Independent Director	2.2yrs	US$113.42k	0.099% $ 101.9k
Joseph Freedman	Lead Independent Director	3.3yrs	US$121.64k	0.26% $ 269.4k
Nicholas Liuzza	Independent Director	4.8yrs	US$104.92k	1.31% $ 1.4m
Paul Funk	Independent Director	less than a year	no data	no data

3.3yrs

Average Tenure

58yo

Average Age

Experienced Board: RCAT's board of directors are considered experienced (3.3 years average tenure).

Red Cat Holdings Management

Management criteria checks 2/4

Key information

Recent management updates

General (R) Paul Edward Funk II Joins Board of Directors of Red Cat Holdings, Inc

Red Cat Holdings, Inc. Announces Management Changes

Red Cat Holdings, Inc. Announces Resignation of Mary Beth Long as Director

Red Cat Holdings, Inc. Announces Compensation Committee Changes

Red Cat Holdings, Inc. Appoints Mary Beth Long to its Board of Directors

Red Cat Holdings, Inc. Appoints Special Committee

Recent updates

General (R) Paul Edward Funk II Joins Board of Directors of Red Cat Holdings, Inc

Red Cat Holdings, Inc. to Report Q3, 2024 Results on Mar 18, 2024

Red Cat Holdings, Inc. Provides Revenue Guidance for Three Months Ending April 30, 2024

Red Cat Holdings, Inc. Continues Global Expansion Efforts with Introduction to Middle East Market

Red Cat Holdings, Inc. Reiterates Revenue Guidance for the Third Quarter of Fiscal Year 2024

Red Cat Holdings, Inc. to Report Q2, 2024 Results on Dec 15, 2023

Red Cat Holdings, Inc. has completed a Follow-on Equity Offering in the amount of $8 million.

Red Cat Holdings, Inc. has filed a Follow-on Equity Offering.

Red Cat Holdings Receives Non-Compliance Notice From Nasdaq

Red Cat Holdings, Inc. Announces Management Changes

Red Cat Holdings, Inc. Provides Revenue Guidance for the Fiscal Second Quarter Ending October 31, 2023 and Third Quarter Ending January 31, 2024

Red Cat Holdings, Inc. announced delayed 10-Q filing

Red Cat Holdings, Inc. to Report Q1, 2024 Results on Sep 19, 2023

Red Cat Holdings, Inc.'S Teal 2 sUAS Receives Remote Id Certification from Federal Aviation Administration

Red Cat Holdings, Inc. Announces Resignation of Mary Beth Long as Director

Red Cat Holdings, Inc. to Report Fiscal Year 2023 Results on Jul 27, 2023

Red Cat Holdings, Inc. Receives DoD "Blue UAS" Approval for New Teal 2 sUAS to Be Added to Cleared List

Red Cat Holdings, Inc. Announces Compensation Committee Changes

Red Cat Holdings, Inc. to Report Q2, 2023 Results on Dec 15, 2022

Unusual Machines, Inc. entered into a Stock Purchase Agreement to acquire Fat Shark Holdings, LTD. and Rotor Riot LLC from Red Cat Holdings, Inc. (NasdaqCM:RCAT) for $18 million.

Red Cat Holdings, Inc. Appoints Mary Beth Long to its Board of Directors

Red Cat Holdings, Inc. Appoints Special Committee

Red Cat Holdings GAAP EPS of -$0.07 misses by $0.04, revenue of $3.07M beats by $0.42M

Red Cat Holdings, Inc. to Report Q1, 2023 Results on Sep 12, 2022

Red Cat Holdings, Inc. to Report Fiscal Year 2022 Results on Jul 27, 2022

Red Cat Holdings Announces Nasdaq Acceptance of Company’s Plan for Holding Annual Meeting of Shareholders

Red Cat Holdings Prepares For Golden Eagle Drone Demand Jump

Is Red Cat Holdings (NASDAQ:RCAT) Using Too Much Debt?

High number of new and inexperienced directors

High number of new and inexperienced directors

High number of new and inexperienced directors

Red Cat Holdings, Inc. Announces Executive Changes

Red Cat Holdings, Inc. announced delayed 10-Q filing

Forecast to breakeven in 2023

High number of new and inexperienced directors

Red Cat Holdings, Inc. announced delayed 10-Q filing

Red Cat Holdings, Inc. (NasdaqCM:RCAT) completed the acquisition of Teal Drones, Inc.

Red Cat Holdings, Inc. has completed a Follow-on Equity Offering in the amount of $60.000003 million.

Red Cat Holdings, Inc. (NasdaqCM:RCAT) entered into a definitive agreement to acquire Teal Drones, Inc.

Forecast to breakeven in 2023

Red Cat Holdings, Inc. (OTCPK:RCAT) completed the acquisition of a 97.46% stake in Skypersonic Inc.

Red Cat Holdings, Inc. (NasdaqCM:RCAT) signed a letter of intent to acquire Lugus Studios Bvba.

Red Cat Holdings, Inc. has completed a Follow-on Equity Offering in the amount of $16 million.

Red Cat Holdings, Inc. announced delayed 10-Q filing

Red Cat Holdings, Inc. announced that it has received $0.5 million in funding

Red Cat Holdings, Inc. (OTCPK:RCAT) entered into a letter of intent to acquire Skypersonic Inc.

Red Cat Holdings, Inc. Partners with Skypersonic Completes Long Distance Drone Flight Remotely

Red Cat Holdings, Inc. announced delayed 10-Q filing

Red Cat Holdings, Inc. announced that it has received $0.6 million in funding

Red Cat Holdings, Inc. (OTCPK:RCAT) entered into a share purchase agreement to acquire Fat Shark Holdings, LTD. from Greg French for $7 million.

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age