Schmitt Industries, Inc.

OTCPK:SMIT Stock Report

Market Cap: US$117.4k

Schmitt Industries Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Mike Zapata

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure5.3yrs
CEO ownership1.8%
Management average tenureno data
Board average tenure4yrs

Recent management updates

Recent updates

Schmitt Industries GAAP EPS of -$0.86, revenue of $9.89M

Oct 20

Schmitt receives non-compliance letter from Nasdaq

Sep 20

Schmitt Industries announces non-binding term sheet with Proton Green

Jul 20

Schmitt Industries announces new CFO

Nov 06

CEO Compensation Analysis

How has Mike Zapata's remuneration changed compared to Schmitt Industries's earnings?
DateTotal CompensationSalaryCompany Earnings
May 31 2022US$280kUS$250k

-US$4m

Feb 28 2022n/an/a

-US$4m

Nov 30 2021n/an/a

-US$5m

Aug 31 2021n/an/a

-US$10m

May 31 2021US$298kUS$223k

-US$9m

Feb 28 2021n/an/a

-US$5m

Nov 30 2020n/an/a

-US$3m

Aug 31 2020n/an/a

-US$1m

May 31 2020US$429kUS$140k

-US$2m

Feb 29 2020n/an/a

-US$2m

Nov 30 2019n/an/a

-US$2m

Aug 31 2019n/an/a

-US$1m

May 31 2019US$203kUS$92k

-US$1m

Compensation vs Market: Insufficient data to establish whether Mike's total compensation is reasonable compared to companies of similar size in the US market.

Compensation vs Earnings: Insufficient data to compare Mike's compensation with company performance.


CEO

Mike Zapata (45 yo)

5.3yrs

Tenure

US$280,008

Compensation

Mr. Michael R. Zapata, also known as Mike, was Independent Director at Pineapple Energy Inc. (formerly Pineapple Holdings, Inc) since March 2022 until December 14, 2023. He served as Independent Director a...


Board Members

NamePositionTenureCompensationOwnership
Michael Zapata
Executive Chairman5.5yrsUS$280.01k1.83%
$ 2.2k
Charles Davidson
Independent Director7.9yrsUS$24.75k0.71%
$ 836.0
Alexandre Zyngier
Independent Director2.5yrsUS$28.26k0.26%
$ 306.3
Kristi Frank
Independent Director1.4yrsno datano data
Kristi Smaha
Directorno datano data1.14%
$ 1.3k

4.0yrs

Average Tenure

54yo

Average Age

Experienced Board: SMIT's board of directors are considered experienced (4 years average tenure).


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