NextPlat Management
Management criteria checks 4/4
NextPlat's CEO is David Phipps, appointed in May 2025, has a tenure of less than a year. total yearly compensation is $402.00K, comprised of 87.1% salary and 12.9% bonuses, including company stock and options. directly owns 1.62% of the company’s shares, worth $294.41K. The average tenure of the management team and the board of directors is 2.6 years and 3.8 years respectively.
Key information
David Phipps
Chief executive officer
US$402.0k
Total compensation
| CEO salary percentage | 87.06% |
| CEO tenure | less than a year |
| CEO ownership | 1.6% |
| Management average tenure | 2.6yrs |
| Board average tenure | 3.8yrs |
Recent management updates
Recent updates
Further Upside For NextPlat Corp (NASDAQ:NXPL) Shares Could Introduce Price Risks After 25% Bounce
May 22
NextPlat Corp (NASDAQ:NXPL) Might Not Be As Mispriced As It Looks After Plunging 27%
Apr 05Investors Give NextPlat Corp (NASDAQ:NXPL) Shares A 40% Hiding
Feb 06Is NextPlat (NASDAQ:NXPL) A Risky Investment?
Jan 08Take Care Before Jumping Onto NextPlat Corp (NASDAQ:NXPL) Even Though It's 29% Cheaper
Nov 30NextPlat Corp (NASDAQ:NXPL) Stock Rockets 26% But Many Are Still Ignoring The Company
Sep 07NextPlat Corp's (NASDAQ:NXPL) Subdued P/S Might Signal An Opportunity
Jul 15What You Can Learn From NextPlat Corp's (NASDAQ:NXPL) P/S
Jun 08NextPlat completes $7M investment in Progressive Care
Aug 31NextPlat reports Q2 results
Aug 15CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2025 | n/a | n/a | -US$14m |
| Dec 31 2024 | US$402k | US$350k | -US$14m |
| Sep 30 2024 | n/a | n/a | -US$13m |
| Jun 30 2024 | n/a | n/a | -US$5m |
| Mar 31 2024 | n/a | n/a | -US$4m |
| Dec 31 2023 | US$402k | US$350k | -US$4m |
| Sep 30 2023 | n/a | n/a | -US$3m |
| Jun 30 2023 | n/a | n/a | -US$12m |
| Mar 31 2023 | n/a | n/a | -US$9m |
| Dec 31 2022 | US$406k | US$355k | -US$9m |
| Sep 30 2022 | n/a | n/a | -US$12m |
| Jun 30 2022 | n/a | n/a | -US$8m |
| Mar 31 2022 | n/a | n/a | -US$8m |
| Dec 31 2021 | US$2m | US$309k | -US$8m |
| Sep 30 2021 | n/a | n/a | -US$6m |
| Jun 30 2021 | n/a | n/a | -US$5m |
| Mar 31 2021 | n/a | n/a | -US$3m |
| Dec 31 2020 | US$755k | US$251k | -US$3m |
| Sep 30 2020 | n/a | n/a | -US$2m |
| Jun 30 2020 | n/a | n/a | -US$741k |
| Mar 31 2020 | n/a | n/a | -US$1m |
| Dec 31 2019 | US$284k | US$231k | -US$1m |
| Sep 30 2019 | n/a | n/a | -US$2m |
| Jun 30 2019 | n/a | n/a | -US$2m |
| Mar 31 2019 | n/a | n/a | -US$1m |
| Dec 31 2018 | US$350k | US$220k | -US$1m |
Compensation vs Market: David's total compensation ($USD402.00K) is below average for companies of similar size in the US market ($USD642.61K).
Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.
CEO
David Phipps (59 yo)
Mr. David Phipps is President & Chief Executive Officer of Global Operations and Director of NextPlat Corp from June 02, 2021 and serves as Interim Chief Executive Officer since May 24, 2025. He joined the...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | less than a year | US$402.00k | 1.62% $ 294.4k | |
| Chief Financial Officer | 2.6yrs | US$299.80k | 0.048% $ 8.7k | |
| Chief Compliance Officer | 2.6yrs | no data | 0.019% $ 3.5k | |
| Senior Vice President – Mergers | no data | no data | no data |
Experienced Management: NXPL's management team is considered experienced (2.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 10.3yrs | US$402.00k | 1.62% $ 294.4k | |
| Vice Chairman | 3.8yrs | US$1.13m | 0.48% $ 87.2k | |
| Independent Interim Chairman | 3.4yrs | US$48.00k | 8.63% $ 1.6m | |
| Lead Independent Director | 10.1yrs | US$36.00k | 0.095% $ 17.2k | |
| Independent Director | 4.1yrs | US$36.00k | 0.14% $ 24.7k | |
| Independent Director | less than a year | no data | 0.23% $ 42.3k | |
| Independent Director | less than a year | no data | 0.23% $ 42.3k |
Experienced Board: NXPL's board of directors are considered experienced (3.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/06/10 04:13 |
| End of Day Share Price | 2025/06/10 00:00 |
| Earnings | 2025/03/31 |
| 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
NextPlat Corp is covered by 0 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.