KORE Group Holdings, Inc.

NYSE:KORE Stock Report

Market Cap: US$42.2m

KORE Group Holdings Management

Management criteria checks 0/4

KORE Group Holdings' CEO is Ron Totton, appointed in May 2024, has a tenure of less than a year. total yearly compensation is $1.58M, comprised of 29.5% salary and 70.5% bonuses, including company stock and options. directly owns 0.2% of the company’s shares, worth $85.98K. The average tenure of the management team and the board of directors is 1.7 years and 1.5 years respectively.

Key information

Ron Totton

Chief executive officer

US$1.6m

Total compensation

CEO salary percentage29.5%
CEO tenure1yr
CEO ownership0.2%
Management average tenure1.7yrs
Board average tenure1.5yrs

Recent management updates

Recent updates

author-image

IoT Connectivity And Efficiency Gains Will Shape The Future

Apr 13 Strategic focus on high-margin IoT Connectivity and expanding into growth verticals indicates potential for enhanced profitability and revenue growth.

KORE Group Holdings, Inc. (NYSE:KORE) Just Reported Earnings, And Analysts Cut Their Target Price

Aug 14
KORE Group Holdings, Inc. (NYSE:KORE) Just Reported Earnings, And Analysts Cut Their Target Price

KORE Group Holdings, Inc. GAAP EPS of -$0.15 misses by $0.08, revenue of $70.4M beats by $4.49M

Aug 11

CEO Compensation Analysis

How has Ron Totton's remuneration changed compared to KORE Group Holdings's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024US$2mUS$467k

-US$146m

Compensation vs Market: Ron's total compensation ($USD1.58M) is above average for companies of similar size in the US market ($USD683.58K).

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


CEO

Ron Totton (51 yo)

1yr

Tenure

US$1,580,730

Compensation

Mr. Ronald Totton, also known as Ron, served as Interim President and Chief Executive Officer at KORE Group Holdings, Inc. since May 3, 2024 until August 2024 and is its President, Director and CEO since A...


Leadership Team

NamePositionTenureCompensationOwnership
Ronald Totton
President1yrUS$1.58m0.20%
$ 86.0k
Jack Kennedy
Executive VP3.4yrsUS$549.66k0.16%
$ 67.6k
Paul Holtz
Executive VP3.5yrsno data0.13%
$ 56.7k
Bruce Gordon
Executive VP & COOless than a yearno datano data
Vik Vijayvergiya
Vice President of Investor Relationsno datano datano data
Gloria Garber
Senior VP & Chief People Officerless than a yearno datano data
Pete West
Senior Vice President of Sales - North America3.3yrsno datano data
Jared Deith
Executive VP & Chief Revenue Officerless than a yearno data2.56%
$ 1.1m
Niklas Ekarv
Managing Director of EAP2.3yrsno datano data

1.7yrs

Average Tenure

48yo

Average Age

Experienced Management: KORE's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Ronald Totton
Presidentless than a yearUS$1.58m0.20%
$ 86.0k
Jay Grossman
Independent Director1.8yrsno datano data
Timothy Donahue
Independent Chairman4.3yrsUS$240.00k0.22%
$ 94.9k
Robert MacInnis
Independent Director4.3yrsno data0.12%
$ 51.4k
James Geisler
Independent Director3.3yrsUS$210.00k0.20%
$ 86.1k
H. Eberhart
Independent Director1.3yrsUS$210.00k0.20%
$ 86.1k
Cheemin Bo-Linn
Independent Director4.3yrsUS$230.00k0.22%
$ 94.9k
Andrew Frey
Independent Director1.3yrsno datano data
David Fuller
Independent Director1.3yrsno datano data
Michael Palmer
Independent Director1.3yrsno datano data

1.5yrs

Average Tenure

57yo

Average Age

Experienced Board: KORE's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/09 10:57
End of Day Share Price 2025/05/09 00:00
Earnings2024/12/31
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

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

KORE Group Holdings, Inc. is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Scott SearleRoth Capital Partners
Lance VitanzaTD Cowen