Lifeloc Technologies, Inc.

OTCPK:LCTC Stock Report

Market Cap: US$8.6m

Lifeloc Technologies Management

Management criteria checks 4/4

Lifeloc Technologies' CEO is Wayne Willkomm, appointed in Jan 2016, has a tenure of 8.33 years. total yearly compensation is $277.78K, comprised of 89.2% salary and 10.8% bonuses, including company stock and options. directly owns 0.12% of the company’s shares, worth $9.89K. The average tenure of the management team and the board of directors is 8.3 years and 23.1 years respectively.

Key information

Wayne Willkomm

Chief executive officer

US$277.8k

Total compensation

CEO salary percentage89.2%
CEO tenure8.3yrs
CEO ownership0.1%
Management average tenure8.3yrs
Board average tenure23.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Wayne Willkomm's remuneration changed compared to Lifeloc Technologies's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023US$278kUS$248k

US$206k

Sep 30 2023n/an/a

US$88k

Jun 30 2023n/an/a

-US$108k

Mar 31 2023n/an/a

-US$365k

Dec 31 2022US$263kUS$233k

-US$456k

Sep 30 2022n/an/a

-US$573k

Jun 30 2022n/an/a

US$36k

Mar 31 2022n/an/a

US$128k

Dec 31 2021US$262kUS$222k

US$676k

Sep 30 2021n/an/a

US$622k

Jun 30 2021n/an/a

-US$113k

Mar 31 2021n/an/a

-US$353k

Dec 31 2020US$287kUS$222k

-US$922k

Sep 30 2020n/an/a

-US$503k

Jun 30 2020n/an/a

-US$139k

Mar 31 2020n/an/a

US$430k

Dec 31 2019US$252kUS$214k

US$626k

Sep 30 2019n/an/a

US$471k

Jun 30 2019n/an/a

US$378k

Mar 31 2019n/an/a

US$237k

Dec 31 2018US$246kUS$210k

US$217k

Sep 30 2018n/an/a

US$16k

Jun 30 2018n/an/a

-US$42k

Mar 31 2018n/an/a

-US$52k

Dec 31 2017US$248kUS$205k

US$15k

Compensation vs Market: Wayne's total compensation ($USD277.78K) is below average for companies of similar size in the US market ($USD667.63K).

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


CEO

Wayne Willkomm (60 yo)

8.3yrs

Tenure

US$277,780

Compensation

Dr. Wayne R. Willkomm, Ph D., has been the Chief Executive Officer and President of Lifeloc Technologies, Inc. since January 18, 2016. Dr. Willkomm served as the Principal Consultant of Willkomm Consulting...


Leadership Team

NamePositionTenureCompensationOwnership
Vern Kornelsen
Chairman33.3yrsUS$90.00k1.39%
$ 119.4k
Wayne Willkomm
CEO, President & Director8.3yrsUS$277.78k0.12%
$ 9.9k
Michelle Heim
Chief Accounting Officer & Controller3.7yrsUS$92.30k0%
$ 0

8.3yrs

Average Tenure

60yo

Average Age

Experienced Management: LCTC's management team is seasoned and experienced (8.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Vern Kornelsen
Chairman33.3yrsUS$90.00k1.39%
$ 119.4k
Wayne Willkomm
CEO, President & Director12.8yrsUS$277.78k0.12%
$ 9.9k
Donald Siecke
Independent Non-Management Director8.3yrsUS$1.50k5%
$ 429.8k
Robert Greenlee
Independent Non-Management Director34.8yrsUS$1.50k7.54%
$ 647.4k
Michael Kornelsen
Independent Non-Management Directorno dataUS$1.50k0%
$ 0

23.1yrs

Average Tenure

81yo

Average Age

Experienced Board: LCTC's board of directors are seasoned and experienced ( 23.1 years average tenure).


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