VerifyMe Management
Management criteria checks 1/4
VerifyMe's CEO is Adam Stedham, appointed in Jun 2023, has a tenure of less than a year. total yearly compensation is $1.28M, comprised of 12.7% salary and 87.3% bonuses, including company stock and options. directly owns 1.39% of the company’s shares, worth $274.16K. The average tenure of the management team and the board of directors is 0.8 years and 5.2 years respectively.
Key information
Adam Stedham
Chief executive officer
US$1.3m
Total compensation
| CEO salary percentage | 12.7% |
| CEO tenure | less than a year |
| CEO ownership | 1.4% |
| Management average tenure | less than a year |
| Board average tenure | 5.2yrs |
Recent management updates
Recent updates
A Piece Of The Puzzle Missing From VerifyMe, Inc.'s (NASDAQ:VRME) 25% Share Price Climb
Apr 02
US$2.85: That's What Analysts Think VerifyMe, Inc. (NASDAQ:VRME) Is Worth After Its Latest Results
Mar 24Health Check: How Prudently Does VerifyMe (NASDAQ:VRME) Use Debt?
Feb 17VerifyMe, Inc.'s (NASDAQ:VRME) Subdued P/S Might Signal An Opportunity
Nov 13Does VerifyMe (NASDAQ:VRME) Have A Healthy Balance Sheet?
Jul 31Rock star Growth Puts VerifyMe (NASDAQ:VRME) In A Position To Use Debt
Mar 21VerifyMe enters into contract with international luxury apparel company
Oct 06VerifyMe subsidiary enters into a $2M term loan agreement and a $1M line of credit
Sep 27VerifyMe extends services deal with client by two years
Aug 31Here's Why VerifyMe (NASDAQ:VRME) Can Manage Its Debt Despite Losing Money
Aug 19VerifyMe soars 35% after liquidation of G3 VRM SPAC, launch of new buyback plan
Jul 01Venture Capital Pick: VerifyMe Primed For High Growth
Apr 25VerifyMe: Set For Triple-Digit Revenue Growth
Dec 06VerifyMe's (NASDAQ:VRME) Robust Earnings Are Not All Good News For Shareholders
Nov 17VerifyMe (NASDAQ:VRME) Is In A Strong Position To Grow Its Business
Aug 17Analysts Expect Breakeven For VerifyMe, Inc. (NASDAQ:VRME) Before Long
Apr 14When Will VerifyMe, Inc. (NASDAQ:VRME) Turn A Profit?
Dec 30VerifyMe approves up to $1.5M share buyback
Nov 17CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$1m | US$162k | -US$3m |
| Sep 30 2023 | n/a | n/a | -US$3m |
| Jun 30 2023 | n/a | n/a | -US$3m |
| Mar 31 2023 | n/a | n/a | -US$15m |
| Dec 31 2022 | US$92k | n/a | -US$14m |
Compensation vs Market: Adam's total compensation ($USD1.28M) is above average for companies of similar size in the US market ($USD674.46K).
Compensation vs Earnings: Adam's compensation has increased whilst the company is unprofitable.
CEO
Adam Stedham (54 yo)
less than a year
Tenure
US$1,276,377
Compensation
Mr. Adam H. Stedham serves as President of VerifyMe, Inc. since August 1, 2023. He served as Independent Director at VerifyMe, Inc. since April 07, 2022 until June 19, 2023 and serves as its Chief Executiv...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | less than a year | US$1.28m | 1.39% $ 274.2k | |
| Executive VP | less than a year | US$343.90k | 0.058% $ 11.5k | |
| Executive Vice President of Precision Logistics | 1.2yrs | US$359.20k | 0.24% $ 46.6k | |
| Senior VP of Technology & Chief Information Officer | less than a year | no data | 0.25% $ 50.1k | |
| Executive Vice President of Authentication Segment | less than a year | no data | no data |
0.8yrs
Average Tenure
53yo
Average Age
Experienced Management: VRME's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.1yrs | US$1.28m | 1.39% $ 274.2k | |
| Chairman | 4.5yrs | US$213.07k | 1.44% $ 283.7k | |
| Advisory Council | no data | no data | no data | |
| Independent Non-Executive Vice Chairman | 6.8yrs | US$125.00k | 4.15% $ 818.7k | |
| Independent Director | 5.2yrs | US$125.00k | 2.34% $ 462.7k | |
| Lead Independent Director | 6.8yrs | US$125.00k | 2.13% $ 420.7k | |
| Advisory Council | no data | no data | no data | |
| Advisory Council | no data | no data | no data | |
| Advisory Council | no data | no data | no data | |
| Advisory Council | no data | no data | no data | |
| Advisory Council | no data | no data | no data | |
| Advisory Council | no data | no data | no data |
5.2yrs
Average Tenure
72yo
Average Age
Experienced Board: VRME's board of directors are considered experienced (5.2 years average tenure).