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 percentage87.06%
CEO tenureless than a year
CEO ownership1.6%
Management average tenure2.6yrs
Board average tenure3.8yrs

Recent management updates

Recent updates

Further Upside For NextPlat Corp (NASDAQ:NXPL) Shares Could Introduce Price Risks After 25% Bounce

May 22
Further Upside For NextPlat Corp (NASDAQ:NXPL) Shares Could Introduce Price Risks After 25% Bounce

NextPlat Corp (NASDAQ:NXPL) Might Not Be As Mispriced As It Looks After Plunging 27%

Apr 05
NextPlat Corp (NASDAQ:NXPL) Might Not Be As Mispriced As It Looks After Plunging 27%

Investors Give NextPlat Corp (NASDAQ:NXPL) Shares A 40% Hiding

Feb 06
Investors Give NextPlat Corp (NASDAQ:NXPL) Shares A 40% Hiding

Is NextPlat (NASDAQ:NXPL) A Risky Investment?

Jan 08
Is NextPlat (NASDAQ:NXPL) A Risky Investment?

Take Care Before Jumping Onto NextPlat Corp (NASDAQ:NXPL) Even Though It's 29% Cheaper

Nov 30
Take Care Before Jumping Onto NextPlat Corp (NASDAQ:NXPL) Even Though It's 29% Cheaper

NextPlat Corp (NASDAQ:NXPL) Stock Rockets 26% But Many Are Still Ignoring The Company

Sep 07
NextPlat Corp (NASDAQ:NXPL) Stock Rockets 26% But Many Are Still Ignoring The Company

NextPlat Corp's (NASDAQ:NXPL) Subdued P/S Might Signal An Opportunity

Jul 15
NextPlat Corp's (NASDAQ:NXPL) Subdued P/S Might Signal An Opportunity

What You Can Learn From NextPlat Corp's (NASDAQ:NXPL) P/S

Jun 08
What You Can Learn From NextPlat Corp's (NASDAQ:NXPL) P/S

NextPlat completes $7M investment in Progressive Care

Aug 31

NextPlat reports Q2 results

Aug 15

CEO Compensation Analysis

How has David Phipps's remuneration changed compared to NextPlat's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2025n/an/a

-US$14m

Dec 31 2024US$402kUS$350k

-US$14m

Sep 30 2024n/an/a

-US$13m

Jun 30 2024n/an/a

-US$5m

Mar 31 2024n/an/a

-US$4m

Dec 31 2023US$402kUS$350k

-US$4m

Sep 30 2023n/an/a

-US$3m

Jun 30 2023n/an/a

-US$12m

Mar 31 2023n/an/a

-US$9m

Dec 31 2022US$406kUS$355k

-US$9m

Sep 30 2022n/an/a

-US$12m

Jun 30 2022n/an/a

-US$8m

Mar 31 2022n/an/a

-US$8m

Dec 31 2021US$2mUS$309k

-US$8m

Sep 30 2021n/an/a

-US$6m

Jun 30 2021n/an/a

-US$5m

Mar 31 2021n/an/a

-US$3m

Dec 31 2020US$755kUS$251k

-US$3m

Sep 30 2020n/an/a

-US$2m

Jun 30 2020n/an/a

-US$741k

Mar 31 2020n/an/a

-US$1m

Dec 31 2019US$284kUS$231k

-US$1m

Sep 30 2019n/an/a

-US$2m

Jun 30 2019n/an/a

-US$2m

Mar 31 2019n/an/a

-US$1m

Dec 31 2018US$350kUS$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)

less than a year
Tenure
US$402,000
Compensation

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

NamePositionTenureCompensationOwnership
David Phipps
Presidentless than a yearUS$402.00k1.62%
$ 294.4k
Cecile Munnik
Chief Financial Officer2.6yrsUS$299.80k0.048%
$ 8.7k
Robert Bedwell Phillip
Chief Compliance Officer2.6yrsno data0.019%
$ 3.5k
Paul Thomson
Senior Vice President – Mergersno datano datano data
2.6yrs
Average Tenure
62.5yo
Average Age

Experienced Management: NXPL's management team is considered experienced (2.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
David Phipps
President10.3yrsUS$402.00k1.62%
$ 294.4k
Douglas Ellenoff
Vice Chairman3.8yrsUS$1.13m0.48%
$ 87.2k
Rodney Barreto
Independent Interim Chairman3.4yrsUS$48.00k8.63%
$ 1.6m
Hector Delgado
Lead Independent Director10.1yrsUS$36.00k0.095%
$ 17.2k
Louis Cusimano
Independent Director4.1yrsUS$36.00k0.14%
$ 24.7k
Anthony Armas
Independent Directorless than a yearno data0.23%
$ 42.3k
Elizabeth Alcaine
Independent Directorless than a yearno data0.23%
$ 42.3k
3.8yrs
Average Tenure
59yo
Average Age

Experienced Board: NXPL's board of directors are considered experienced (3.8 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/06/10 04:13
End of Day Share Price 2025/06/10 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

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Industry and Sector Metrics

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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.