Cuentas Management

Management criteria checks 3/4

Cuentas' CEO is Shalom Maimon, appointed in Aug 2022, has a tenure of 1.75 years. total yearly compensation is $557.27K, comprised of 52.9% salary and 47.1% bonuses, including company stock and options. directly owns 4.57% of the company’s shares, worth $29.18K. The average tenure of the management team and the board of directors is 1.7 years and 8 years respectively.

Key information

Shalom Maimon

Chief executive officer

US$557.3k

Total compensation

CEO salary percentage	52.9%
CEO tenure	1.8yrs
CEO ownership	4.6%
Management average tenure	1.7yrs
Board average tenure	8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Shalom Maimon's remuneration changed compared to Cuentas's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$557k	US$295k	-US$2m
Sep 30 2023	n/a	n/a	-US$10m
Jun 30 2023	n/a	n/a	-US$11m
Mar 31 2023	n/a	n/a	-US$13m
Dec 31 2022	US$703k	US$295k	-US$15m
Sep 30 2022	n/a	n/a	-US$14m
Jun 30 2022	n/a	n/a	-US$14m
Mar 31 2022	n/a	n/a	-US$13m
Dec 31 2021	US$622k	US$295k	-US$11m
Sep 30 2021	n/a	n/a	-US$9m
Jun 30 2021	n/a	n/a	-US$8m
Mar 31 2021	n/a	n/a	-US$8m
Dec 31 2020	US$1m	US$295k	-US$8m
Sep 30 2020	n/a	n/a	-US$7m
Jun 30 2020	n/a	n/a	-US$6m
Mar 31 2020	n/a	n/a	-US$3m
Dec 31 2019	US$284k	US$180k	-US$1m
Sep 30 2019	n/a	n/a	-US$3m
Jun 30 2019	n/a	n/a	-US$3m
Mar 31 2019	n/a	n/a	-US$5m
Dec 31 2018	US$593k	US$180k	-US$4m
Sep 30 2018	n/a	n/a	US$2m
Jun 30 2018	n/a	n/a	US$4m
Mar 31 2018	n/a	n/a	US$3m
Dec 31 2017	US$981k	US$180k	-US$380k

Compensation vs Market: Shalom's total compensation ($USD557.27K) is about average for companies of similar size in the US market ($USD667.63K).

Compensation vs Earnings: Shalom's compensation has been consistent with company performance over the past year.

CEO

Shalom Maimon (47 yo)

1.8yrs

Tenure

US$557,265

Compensation

Mr. Shalom Arik Maimon is the Founder of Cuentas Inc. and currently serves as its Chief Executive Officer. He served as Interim Chief Executive Officer of Cuentas Inc. from August 19, 2022 to August 2023....

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Shalom Maimon	Co-Founder	1.8yrs	US$557.27k	4.57% $ 29.2k
Michael De Prado	Co-Founder	8.3yrs	US$542.80k	2.31% $ 14.7k
Shlomo Zakai	Chief Financial Officer	less than a year	no data	no data
Jay Adams	Chief Executive Officer of Cuentas Mobile	1.7yrs	no data	no data

1.7yrs

Average Tenure

52yo

Average Age

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

Board Members

Name	Position	Tenure	Compensation	Ownership
Shalom Maimon	Co-Founder	8.3yrs	US$557.27k	4.57% $ 29.2k
Michael De Prado	Co-Founder	8.3yrs	US$542.80k	2.31% $ 14.7k
Adiv Baruch	Independent Director	8yrs	US$67.00k	0.18% $ 1.1k
Lexi Terrero	Independent Director	1.4yrs	US$50.00k	0% $ 0
Haim Yeffet	Independent Director	1.3yrs	US$45.19k	0% $ 0

8.0yrs

Average Tenure

52yo

Average Age

Experienced Board: CUEN's board of directors are considered experienced (8 years average tenure).

Cuentas Management

Management criteria checks 3/4

Key information

Recent management updates

Cuentas Inc., Annual General Meeting, Dec 20, 2023

Danny Yatom, Giora Rosenzweig, and George Baumoehl to Join Cuentas' Board of Directors and/or Executive Management

Cuentas Inc. Announces Appointment of Mr. Adiv Baruch as the Strategic Business Officer

Cuentas Inc. Announces CFO Changes

Cuentas Appoints Lexi Terrero as Independent Director to its Board

Less than half of directors are independent

Recent updates

Cuentas Inc. announced delayed annual 10-K filing

Cuentas Inc.(OTCPK:CUEN) dropped from S&P TMI Index

Cuentas Inc.(OTCPK:CUEN) dropped from NASDAQ Composite Index

Cuentas Inc.(OTCPK:CUEN) dropped from NASDAQ Composite Index

Cuentas Inc., Annual General Meeting, Dec 20, 2023

Cuentas Inc. announced delayed 10-Q filing

Cuentas Announces Final Stage of Fintech and Mobile Product Development Targeting $18 Billion North American Market

Danny Yatom, Giora Rosenzweig, and George Baumoehl to Join Cuentas' Board of Directors and/or Executive Management

Cuentas Inc. Announces Appointment of Mr. Adiv Baruch as the Strategic Business Officer

World Health Energy Holdings, Inc. (OTCPK:WHEN) signed a letter of intent to acquire Cuentas Inc. (NasdaqCM:CUEN) from shareholders in a reverse merger transaction.

Cuentas Inc. Announces CFO Changes

Cuentas Receives a Staff Determination Letter from Nasdaq Regulation

Cuentas Receives Deficiency Letter from Nasdaq Regarding Non-Compliance with Minimum Stockholders’ Equity Requirement for Continued Listing on The Nasdaq Capital Market

First quarter 2023 earnings released: US$1.00 loss per share (vs US$3.15 loss in 1Q 2022)

First quarter 2023 earnings released: US$1.00 loss per share (vs US$3.15 loss in 1Q 2022)

Cuentas Inc. agreed to acquire 6% minority stake 4280 Lakewood Road Manager, LLC from Core Development Holdings Corporation for approximately $1.20 million.

Cuentas Appoints Lexi Terrero as Independent Director to its Board

Less than half of directors are independent

Cuentas Inc. Announces Board Changes

Cuentas Receives Non-Compliance Notice from Nasdaq

Cuentas Inc., Annual General Meeting, Dec 28, 2022

Cuentas Inc. Announces Resignation of Carol Pepper as Members of the Board of Directors

Third quarter 2022 earnings released: US$0.14 loss per share (vs US$0.16 loss in 3Q 2021)

High number of new directors

Cuentas Inc. Announces Resignation of Jeffrey Lewis as Member of the Board of Directors

Anthony H. Meadows Resigns as Chief Operating Officer of Cuentas

Cuentas Inc. Appoints Jay Adams, as CEO of Cuentas Mobile

Cuentas Mobile hires industry veteran Jay Adams as CEO

Cuentas, Inc. Announces Free Wireless Services for Life to First 100,000 Customers Who Sign Up for Cuentas App

Cuentas enters exclusive agreement with The OLB Group

Cuentas Inc. Appoints Michael De Prado as Interim President

Second quarter 2022 earnings released: US$0.21 loss per share (vs US$0.15 loss in 2Q 2021)

Cuentas Non-GAAP EPS of -$0.21, revenue of $0.67M

Cuentas Inc. announced that it has received $2.999744 million in funding

Cuentas to raise $3M in stock and warrants offering

Cuentas Inc. Announces Resignation of Edward Maldonado as Member of the Board of Directors

High number of new and inexperienced directors

Cuentas Receives Non-Compliance Notice from Nasdaq

Cuentas Inc. Announces Board Appointments

Cuentas Receives Nasdaq Deficiency Letter

Cuentas Inc. announced delayed annual 10-K filing

Full year 2021 earnings released: US$0.77 loss per share (vs US$1.16 loss in FY 2020)

Cuentas Inc. Announces Appointment of Anthony H. Meadows as Chief Operating Officer

Cuentas, Inc. to Distribute Transit Cards (Tap and Go) at Participating Retail Locations in New York City

Cuentas Inc. (NasdaqCM:CUEN) entered into a non-binding Letter of Intent to acquire Operations and Distribution Network of SDI Black 011 LLC, Mango Tel LLC and SDI Wireless LLC for $3.2 million.

High number of new directors

Third quarter 2021 earnings released: US$0.16 loss per share (vs US$0.31 loss in 3Q 2020)

High number of new directors

Cuentas Inc. announced delayed 10-Q filing

First quarter 2021 earnings released: US$0.13 loss per share (vs US$1.03 loss in 1Q 2020)

Cuentas reports Q1 results

Full year 2020 earnings released: US$1.16 loss per share (vs US$1.44 loss in FY 2019)

Cuentas Inc. Announces Executive Changes

New 90-day low: US$3.76

Cuentas Inc. Announces Board Appointments

Cuentas Inc. has completed an IPO in the amount of $11.999997 million.

Cuentas, Inc. Signs Five-Year Agency Agreement with Western Union Financial Services, Inc

Cuentas Inc. has filed an IPO in the amount of $6 million.

CEO Compensation Analysis

CEO

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Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age