PowerFleet Management
Management criteria checks 0/4
PowerFleet's CEO is Steve Towe, appointed in Jan 2022, has a tenure of 2.92 years. total yearly compensation is $3.03M, comprised of 14% salary and 86% bonuses, including company stock and options. directly owns 0.5% of the company’s shares, worth ZAR79.18M. The average tenure of the management team and the board of directors is 0.9 years and 2.9 years respectively.
Key information
Steve Towe
Chief executive officer
US$3.0m
Total compensation
| CEO salary percentage | 14.0% |
| CEO tenure | 2.9yrs |
| CEO ownership | 0.5% |
| Management average tenure | less than a year |
| Board average tenure | 2.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$90m |
| Jun 30 2024 | n/a | n/a | -US$95m |
| Mar 31 2024 | n/a | n/a | -US$79m |
| 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$17m |
Compensation vs Market: Steve's total compensation ($USD3.03M) is above average for companies of similar size in the ZA market ($USD1.05M).
Compensation vs Earnings: Steve's compensation has increased whilst the company is unprofitable.
CEO
Steve Towe (52 yo)
2.9yrs
Tenure
US$3,034,292
Compensation
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 | 2.9yrs | US$3.03m | 0.50% ZAR 79.2m | |
| CFO & Corporate Secretary | 1.9yrs | US$1.24m | 0.038% ZAR 6.1m | |
| Chief Technology Officer | 2.8yrs | US$313.13k | 0.025% ZAR 4.0m | |
| Chief Operating Officer | 2.1yrs | no data | 0.024% ZAR 3.8m | |
| Chief Corporate Development Officer | less than a year | no data | 0.033% ZAR 5.2m | |
| Chief Human Resource Officer | less than a year | no data | no data | |
| Chief Product Officer | less than a year | no data | 0% ZAR 0 | |
| Chief Customer Officer | less than a year | no data | 0.040% ZAR 6.3m | |
| Chief Revenue Officer | less than a year | no data | 0.81% ZAR 127.8m | |
| GM and Head of Sales | less than a year | no data | no data | |
| Managing Director of South Africa | less than a year | no data | no data | |
| Managing Director of Australasia | less than a year | no data | no data |
0.9yrs
Average Tenure
52yo
Average Age
Experienced Management: PWR's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 2.9yrs | US$3.03m | 0.50% ZAR 79.2m | |
| Independent Non-Executive Director | less than a year | no data | 0.014% ZAR 2.2m | |
| Independent Director | less than a year | no data | 0.017% ZAR 2.7m | |
| Independent Chairman of the Board | 10.5yrs | US$162.57k | 0.21% ZAR 32.9m | |
| Independent Non-Executive Director | 8.5yrs | no data | 3.33% ZAR 526.5m |
2.9yrs
Average Tenure
52yo
Average Age
Experienced Board: PWR's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 22:54 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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 |
| |
| 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 here.
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 .
Analyst Sources
PowerFleet, Inc. is covered by 16 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 Ciarmoli | Boenning & Scattergood, Inc. |
| Michael Nichols | B. Riley Securities, Inc. |