Published on 14 Dec 2023 on Simply Wall St. via Yahoo Finance
This Is Why Polar Power, Inc.'s (NASDAQ:POLA) CEO Compensation Looks Appropriate
Key Insights
Polar Power will host its Annual General Meeting on 20th of DecemberSalary of US$275.0k is part of CEO Arthur Sams's total remunerationThe overall pay is 50% below the industry averagePolar Power's three-year loss to shareholders was 91% while its EPS grew by 51% over the past three years
Performance at Polar Power, Inc. (NASDAQ:POLA) has been rather uninspiring recently and shareholders may be wondering how CEO Arthur Sams plans to fix this. At the next AGM coming up on 20th of December, they can influence managerial decision making through voting on resolutions, including executive remuneration. Setting appropriate executive remuneration to align with the interests of shareholders may also be a way to influence the company performance in the long run. In our opinion, CEO compensation does not look excessive and we discuss why.