PowerFleet, Inc.

JSE:PWR Stock Report

Market Cap: R9.1b

PowerFleet Management

Management criteria checks 2/4

PowerFleet's CEO is Steve Towe, appointed in Jan 2022, has a tenure of 4.5 years. total yearly compensation is $12.88M, comprised of 3.3% salary and 96.7% bonuses, including company stock and options. directly owns 1.76% of the company’s shares, worth ZAR161.31M. The average tenure of the management team and the board of directors is 2.5 years and 3.4 years respectively.

Key information

Steve Towe

Chief executive officer

US$12.9m

Total compensation

CEO salary percentage3.30%
CEO tenure4.5yrs
CEO ownership1.8%
Management average tenure2.5yrs
Board average tenure3.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Steve Towe's remuneration changed compared to PowerFleet's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

-US$21m

Dec 31 2025n/an/a

-US$30m

Sep 30 2025n/an/a

-US$41m

Jun 30 2025n/an/a

-US$39m

Mar 31 2025US$13mUS$425k

-US$51m

Dec 31 2024n/an/a

-US$58m

Sep 30 2024n/an/a

-US$50m

Jun 30 2024n/an/a

-US$55m

Mar 31 2024US$642kUS$106k

-US$39m

Dec 31 2023US$3mUS$425k

-US$17m

Sep 30 2023n/an/a

-US$9m

Jun 30 2023n/an/a

-US$7m

Mar 31 2023n/an/a

-US$4m

Dec 31 2022US$3mUS$425k

-US$17m

Compensation vs Market: Steve's total compensation ($USD12.88M) is above average for companies of similar size in the ZA market ($USD1.17M).

Compensation vs Earnings: Steve's compensation has increased whilst the company is unprofitable.


CEO

Steve Towe (54 yo)

4.5yrs
Tenure
US$12,881,137
Compensation

Mr. Steve Towe is Chief Executive Officer of Fleet Complete from March 2026. Mr. Towe serves as Chief Executive Officer and Director of PowerFleet, Inc. since January 05, 2022. Mr. Towe joined the PowerFle...


Leadership Team

NamePositionTenureCompensationOwnership
Steve Towe
CEO & Director4.5yrsUS$12.88m1.76%
ZAR 161.3m
David Wilson
CFO & Corporate Secretary3.5yrsUS$2.50m0.23%
ZAR 20.7m
Melissa Ingram
Chief Corporate Development Officer2.3yrsUS$2.26m0.20%
ZAR 18.1m
Offer Lehmann
Chief Operating Officer3.7yrsno datano data
Jonathan Bates
Chief Marketing Officer1.3yrsno datano data
Melissa Garza
Chief Human Resource Officer2.5yrsno datano data
Catherine Lewis
Chief Customer Officer2.3yrsno datano data
Brendan Horan
Managing Director of South Africa2.5yrsno datano data
Brodie Von Berg
Managing Director of Australasia2.5yrsno datano data
Luiz Munhoz
Managing Director of Brazil2.5yrsno datano data
Eduardo Chavez
Managing Director of Mexico2.5yrsno datano data
Jeffrey Lautenbach
Chief Revenue Officerless than a yearno datano data
2.5yrs
Average Tenure
52yo
Average Age

Experienced Management: PWR's management team is considered experienced (2.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Steve Towe
CEO & Director4.5yrsUS$12.88m1.76%
ZAR 161.3m
Michael McConnell
Independent Non-Executive Director2.3yrsUS$536.16k0.021%
ZAR 1.9m
Andrew Martin
Independent Chairman2.3yrsno data0.017%
ZAR 1.5m
Ian Jacobs
Independent Non-Executive Director10.1yrsUS$528.16k3.05%
ZAR 278.8m
3.4yrs
Average Tenure
53.5yo
Average Age

Experienced Board: PWR's board of directors are considered experienced (3.4 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/11 07:16
End of Day Share Price 2026/07/10 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

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.

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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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 13 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.

AnalystInstitution
Gary PrestopinoBarrington Research Associates, Inc.
Michael NicholsB. Riley Securities, Inc.
Thomas WalkleyCanaccord Genuity