PowerFleet Management
Management criteria checks 1/4
PowerFleet's CEO is Steve Towe, appointed in Jan 2022, has a tenure of 4.08 years. total yearly compensation is $12.88M, comprised of 3.3% salary and 96.7% bonuses, including company stock and options. directly owns 1.84% of the company’s shares, worth ZAR148.28M. The average tenure of the management team and the board of directors is 2.1 years and 3 years respectively.
Key information
Steve Towe
Chief executive officer
US$12.9m
Total compensation
| CEO salary percentage | 3.30% |
| CEO tenure | 4.1yrs |
| CEO ownership | 1.8% |
| Management average tenure | 2.1yrs |
| Board average tenure | 3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2025 | n/a | n/a | -US$30m |
| Sep 30 2025 | n/a | n/a | -US$41m |
| Jun 30 2025 | n/a | n/a | -US$39m |
| Mar 31 2025 | US$13m | US$425k | -US$51m |
| Dec 31 2024 | n/a | n/a | -US$58m |
| Sep 30 2024 | n/a | n/a | -US$50m |
| Jun 30 2024 | n/a | n/a | -US$55m |
| Mar 31 2024 | US$642k | US$106k | -US$39m |
| Dec 31 2023 | US$3m | US$425k | -US$17m |
| Sep 30 2023 | n/a | n/a | -US$9m |
| Jun 30 2023 | n/a | n/a | -US$7m |
| Mar 31 2023 | n/a | n/a | -US$4m |
| Dec 31 2022 | US$3m | US$425k | -US$17m |
Compensation vs Market: Steve's total compensation ($USD12.88M) is above average for companies of similar size in the ZA market ($USD1.20M).
Compensation vs Earnings: Steve's compensation has increased whilst the company is unprofitable.
CEO
Steve Towe (53 yo)
Mr. Steve Towe serves as Chief Executive Officer and Director of PowerFleet, Inc. since January 05, 2022. Mr. Towe joined the PowerFleet, Inc. in January 2022. Mr. Towe also serves on the board of director...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 4.1yrs | US$12.88m | 1.84% ZAR 148.3m | |
| CFO & Corporate Secretary | 3.1yrs | US$2.50m | 0.23% ZAR 18.8m | |
| Chief Corporate Development Officer | 1.8yrs | US$2.26m | 0.21% ZAR 16.5m | |
| Chief Operating Officer | 3.3yrs | no data | no data | |
| Chief Marketing Officer | less than a year | no data | 0% ZAR 0 | |
| Chief Human Resource Officer | 2.1yrs | no data | no data | |
| Chief Customer Officer | 1.8yrs | no data | no data | |
| Managing Director of South Africa | 2.1yrs | no data | no data | |
| Managing Director of Australasia | 2.1yrs | no data | no data | |
| Managing Director of Brazil | 2.1yrs | no data | no data | |
| Managing Director of Mexico | 2.1yrs | no data | no data | |
| Chief Innovation Officer | 1.1yrs | no data | 0.059% ZAR 4.8m |
Experienced Management: PWR's management team is considered experienced (2.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 4.1yrs | US$12.88m | 1.84% ZAR 148.3m | |
| Independent Non-Executive Director | 1.8yrs | US$536.16k | 0.021% ZAR 1.7m | |
| Independent Chairman | 1.8yrs | no data | 0.017% ZAR 1.3m | |
| Independent Non-Executive Director | 9.7yrs | US$528.16k | 3.02% ZAR 243.2m |
Experienced Board: PWR's board of directors are not considered experienced ( 3 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/02/20 13:48 |
| End of Day Share Price | 2026/02/20 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/03/31 |
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 |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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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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
PowerFleet, Inc. is covered by 14 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Gary Prestopino | Barrington Research Associates, Inc. |
| Michael Nichols | B. Riley Securities, Inc. |
| Thomas Walkley | Canaccord Genuity |