Wrap Technologies Management
Management criteria checks 0/4
Wrap Technologies' CEO is Scot Cohen, appointed in Mar 2016, has a tenure of 9.08 years. total yearly compensation is $2.77M, comprised of 1.4% salary and 98.6% bonuses, including company stock and options. directly owns 15.6% of the company’s shares, worth $11.50M. The average tenure of the management team and the board of directors is 1.4 years and 2 years respectively.
Key information
Scot Cohen
Chief executive officer
US$2.8m
Total compensation
| CEO salary percentage | 1.4% |
| CEO tenure | 9.1yrs |
| CEO ownership | 15.6% |
| Management average tenure | 1.4yrs |
| Board average tenure | 2yrs |
Recent management updates
Recent updates
Wrap Technologies: Intriguing Technology, Uncertain Future
Jan 22Wrap announces sale of Wrap Reality Societal Reentry Enterprise Platform
Jul 21Companies Like Wrap Technologies (NASDAQ:WRAP) Are In A Position To Invest In Growth
Mar 21
Wrap Technologies' BolaWrap Was Only Used Once In The LAPD Pilot Program Extension, And Other Bearish Events
Jun 07Is Wrap Technologies, Inc. (NASDAQ:WRAP) Popular Amongst Insiders?
Mar 11CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2024 | n/a | n/a | -US$7m |
| Sep 30 2024 | n/a | n/a | -US$18m |
| Jun 30 2024 | n/a | n/a | -US$23m |
| Mar 31 2024 | n/a | n/a | -US$27m |
| Dec 31 2023 | US$3m | US$39k | -US$31m |
| Sep 30 2023 | n/a | n/a | -US$16m |
| Jun 30 2023 | n/a | n/a | -US$16m |
| Mar 31 2023 | n/a | n/a | -US$16m |
| Dec 31 2022 | US$121k | n/a | -US$18m |
| Sep 30 2022 | n/a | n/a | -US$19m |
| Jun 30 2022 | n/a | n/a | -US$21m |
| Mar 31 2022 | n/a | n/a | -US$24m |
| Dec 31 2021 | US$575k | US$55k | -US$24m |
| Sep 30 2021 | n/a | n/a | -US$23m |
| Jun 30 2021 | n/a | n/a | -US$21m |
| Mar 31 2021 | n/a | n/a | -US$16m |
| Dec 31 2020 | US$652k | US$137k | -US$13m |
| Sep 30 2020 | n/a | n/a | -US$12m |
| Jun 30 2020 | n/a | n/a | -US$10m |
| Mar 31 2020 | n/a | n/a | -US$9m |
| Dec 31 2019 | US$120k | US$120k | -US$8m |
| Sep 30 2019 | n/a | n/a | -US$7m |
| Jun 30 2019 | n/a | n/a | -US$6m |
| Mar 31 2019 | n/a | n/a | -US$4m |
| Dec 31 2018 | US$194k | US$120k | -US$3m |
Compensation vs Market: Scot's total compensation ($USD2.77M) is above average for companies of similar size in the US market ($USD677.51K).
Compensation vs Earnings: Scot's compensation has increased whilst the company is unprofitable.
CEO
Scot Cohen (55 yo)
9.1yrs
Tenure
US$2,766,285
Compensation
Mr. Scot Jason Cohen is Co-Founder & Executive Chairman of Bitzumi, Inc. Mr. Cohen serves as Executive Chairman of Wrap Technologies, Inc. from 2023 and served as its Principal Executive Officer since Dece...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 9.1yrs | US$2.77m | 15.6% $ 11.5m | |
| President & COO | 1.3yrs | US$443.62k | 1.04% $ 766.5k | |
| Vice President of Human Resources | 1.8yrs | no data | no data | |
| Senior Vice President of North American Sales | 1.4yrs | no data | no data | |
| Managing Director | less than a year | no data | no data |
1.4yrs
Average Tenure
Experienced Management: WRAP's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 8.3yrs | US$2.77m | 15.6% $ 11.5m | |
| Independent Director | 2yrs | US$237.94k | 0.34% $ 248.2k | |
| Independent Director | 2yrs | US$235.44k | 0.24% $ 177.7k | |
| Independent Director | 1.5yrs | US$29.14k | 0.16% $ 118.9k | |
| Independent Director | 1.5yrs | US$29.14k | 0.16% $ 115.9k |
2.0yrs
Average Tenure
55yo
Average Age
Experienced Board: WRAP's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/04/21 13:16 |
| End of Day Share Price | 2025/04/21 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Wrap Technologies, Inc. is covered by 4 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| James McIlree | Chardan Capital Markets, LLC |
| Jon Hickman | Ladenburg Thalmann & Company |
| Allen Klee | Maxim Group |