Track Group Management
Management criteria checks 4/4
Track Group's CEO is Derek Cassell, appointed in Jan 2018, has a tenure of 6.83 years. total yearly compensation is $360.10K, comprised of 83.3% salary and 16.7% bonuses, including company stock and options. directly owns 2.67% of the company’s shares, worth $47.58K. The average tenure of the management team and the board of directors is 5.6 years and 6.8 years respectively.
Key information
Derek Cassell
Chief executive officer
US$360.1k
Total compensation
| CEO salary percentage | 83.3% |
| CEO tenure | 6.8yrs |
| CEO ownership | 2.7% |
| Management average tenure | 5.6yrs |
| Board average tenure | 6.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | -US$4m |
| Mar 31 2024 | n/a | n/a | -US$4m |
| Dec 31 2023 | n/a | n/a | -US$3m |
| Sep 30 2023 | US$360k | US$300k | -US$3m |
| Jun 30 2023 | n/a | n/a | -US$6m |
| Mar 31 2023 | n/a | n/a | -US$9m |
| Dec 31 2022 | n/a | n/a | -US$7m |
| Sep 30 2022 | US$651k | US$300k | -US$7m |
| Jun 30 2022 | n/a | n/a | -US$5m |
| Mar 31 2022 | n/a | n/a | US$82k |
| Dec 31 2021 | n/a | n/a | US$2m |
| Sep 30 2021 | US$453k | US$288k | US$3m |
| Jun 30 2021 | n/a | n/a | US$6m |
| Mar 31 2021 | n/a | n/a | US$5m |
| Dec 31 2020 | n/a | n/a | US$1m |
| Sep 30 2020 | US$550k | US$275k | -US$119k |
| Jun 30 2020 | n/a | n/a | -US$2m |
| Mar 31 2020 | n/a | n/a | -US$3m |
| Dec 31 2019 | n/a | n/a | -US$1m |
| Sep 30 2019 | US$642k | US$275k | -US$3m |
| Jun 30 2019 | n/a | n/a | -US$3m |
| Mar 31 2019 | n/a | n/a | -US$5m |
| Dec 31 2018 | n/a | n/a | -US$6m |
| Sep 30 2018 | US$612k | US$267k | -US$5m |
Compensation vs Market: Derek's total compensation ($USD360.10K) is below average for companies of similar size in the US market ($USD647.72K).
Compensation vs Earnings: Derek's compensation has been consistent with company performance over the past year.
CEO
Derek Cassell (50 yo)
6.8yrs
Tenure
US$360,100
Compensation
Mr. Derek Cassell has been Chief Executive Officer of Track Group, Inc. since January 1, 2018. Mr. Cassell served as President of Track Group, Inc. from December 19, 2016 to January 1, 2018. and served as...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 6.8yrs | US$360.10k | 2.67% $ 47.6k | |
| Chief Revenue Officer | no data | US$301.51k | 1.73% $ 30.8k | |
| CFO & Controller | 2yrs | no data | no data | |
| Director of Account Management | no data | no data | no data | |
| Chief Information Officer | 2.8yrs | no data | no data | |
| General Counsel & Corporate Secretary | 13.3yrs | no data | no data | |
| Chief Marketing Officer | 5.6yrs | no data | no data |
5.6yrs
Average Tenure
Experienced Management: TRCK's management team is seasoned and experienced (5.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Director | less than a year | US$302.60k | 1.58% $ 28.1k | |
| Independent Director | 8.8yrs | US$100.00k | 0.62% $ 11.1k | |
| Director | 6.8yrs | US$100.00k | 3.27% $ 58.3k |
6.8yrs
Average Tenure
60yo
Average Age
Experienced Board: TRCK's board of directors are considered experienced (6.8 years average tenure).