Powerfleet Executive Compensation (FY26)

Name: Powerfleet (AIOT) executive compensation
Creator: Velarion
License: https://intel.velarion.ai/terms

AIOT · Executive and director compensation, fiscal 2022 to 2026

Chief executive, fiscal 2026

◇

Steve Towe

Latest say-on-pay support

September 16, 2026

Chief executive pay ratio

◇

To the median employee

Velarion Intel, $5,000/year: one seat · one year · every company we cover, with dashboards, peer screens and board-ready briefs.

See every company’s exec pay — free for 3 days, no card See the plan and pricing

The paid brief on Powerfleet

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.

$500 for the Executive Compensation Report. Both reports for $900.

Get the executive brief Get the board briefNo account needed.

Data as of November 4, 2026Latest filing (8-K): September 16, 2026

12 filings cited on this page

Method: intel.velarion.ai/methodology

A report that fails to generate is refunded in full

Published by Velarion Company Intelligence

Powerfleet brief$500Get the executive brief

Velarion Intel, one year, every company

198 figures on this page: 190 cited to the filing that reported them, 8 calculated from figures it prints. See the citations

Frequently asked questions

Answers drawn from the data on this page.

Who is Powerfleet's chief executive and what were they paid?

Steve Towe, Chief Executive Officer, received $2,134,829 in total compensation for fiscal 2026. Towe's total moved 83.4% lower from the $12,881,137 reported for fiscal 2025.

What was Powerfleet's say-on-pay result?

The say-on-pay proposal drew 97.9% of votes cast for or against in favor at the meeting held September 16, 2026 for fiscal 2026.

Which companies are in Powerfleet's peer group?

The disclosed peer group names A10 Networks, Inc., Arlo Technologies, Inc., BlackBerry Ltd, Consensus Cloud Solutions, Inc. and Digi International Inc., among others.

What is Powerfleet's chief executive pay ratio?

The company reported a chief executive pay ratio of 81:1 for fiscal 2026, against median employee compensation of $26,225.

Executive compensation

Every element reported for each named executive officer, by fiscal year.

Fiscal 2022

Officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
Steve Towe Chief Executive Officer	◇	◇	◇	◇	◇	—	—	◇
Patrick Maley Former Chief Revenue Officer (5) Departed during or after this year	◇	—	◇	◇	◇	—	—	◇
Jim Zeitunian Chief Technology Officer	◇	—	◇	◇	◇	—	—	◇
Chris Wolfe Former Chief Executive Officer (6) Departed during or after this year	—	—	—	—	—	—	◇	◇

Fiscal 2023

Officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
Steve Towe Chief Executive Officer	◇	◇	◇	—	◇	—	—	◇
David Wilson Chief Financial Officer	◇	—	◇	◇	◇	—	—	◇
Jim Zeitunian Chief Technology Officer	◇	—	—	—	◇	—	—	◇

Fiscal 2024

Officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
Steve Towe Chief Executive Officer	◇	◇	—	—	—	—	—	◇
David Wilson Chief Financial Officer and Corporate Secretary	◇	—	—	—	—	—	—	◇

Fiscal 2025

Officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
Steve Towe Chief Executive Officer	◇	—	◇	—	◇	—	—	◇
David Wilson Chief Financial Officer and Corporate Secretary	◇	—	◇	—	◇	—	—	◇
Melissa Ingram Chief Corporate Development Officer	◇	—	◇	—	◇	—	—	◇

Fiscal 2026

Officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
Steve Towe Chief Executive Officer	◇	—	◇	—	◇	—	—	◇
David Wilson Chief Financial Officer and Corporate Secretary	◇	—	◇	—	◇	—	—	◇
Melissa Ingram Chief Corporate Development Officer	◇	—	◇	—	◇	—	—	◇
Michael Powell Chief Innovation Officer	◇	◇	◇	—	—	—	—	◇

A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.

Fiscal 2026

Officer	Award	Grant date	Threshold units	Target units	Units granted	Maximum units	Exercise price	Grant date fair value
David Wilson	RSU	◇	—	—	◇	—	—	◇
David Wilson	PSU	◇	◇	◇	—	◇	—	◇
Melissa Ingram	RSU	◇	—	—	◇	—	—	◇
Melissa Ingram	PSU	◇	◇	◇	—	◇	—	◇
Michael Powell	RSU	◇	—	—	◇	—	—	◇
Michael Powell	PSU	◇	◇	◇	—	◇	—	◇
Steve Towe	RSU	◇	—	—	◇	—	—	◇
Steve Towe	PSU	◇	◇	◇	—	◇	—	◇

Fiscal 2025 are included in the PDF.

A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.

As disclosed at fiscal 2026 year end

Officer	Award	Unvested units	Market value of unvested units	Exercise price	Expires
Steve Towe	Option	◇	—	◇	1/5/2032
	Option	◇	—	◇	1/5/2032
	Option	◇	—	◇	1/5/2032
	PSU	◇	◇	—	—
	PSU	◇	◇	—	—
	PSU	◇	◇	—	—
	RSU	◇	◇	—	—
	RSU	◇	◇	—	—
	RSU	◇	◇	—	—
David Wilson	Option	◇	—	◇	1/4/2033
	PSU	◇	◇	—	—
	PSU	◇	◇	—	—
	RSU	◇	◇	—	—
	RSU	◇	◇	—	—
Melissa Ingram	PSU	◇	◇	—	—
	PSU	◇	◇	—	—
	Option	◇	—	◇	3/8/2032
	RSU	◇	◇	—	—
	RSU	◇	◇	—	—
	Option	◇	—	◇	5/26/2033
Michael Powell	PSU	◇	◇	—	—
	PSU	◇	◇	—	—
	RSU	◇	◇	—	—
	RSU	◇	◇	—	—

A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.

Fiscal 2025

Director	Fees earned in cash	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
Michael Brodsky Board chair	◇	◇	◇	—	—	—	◇
Michael McConnell	◇	◇	◇	—	—	—	◇
Ian Jacobs	◇	◇	◇	—	—	—	◇

Andrew Martin and Steve Towe served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.

Earlier years are included in the PDF.

A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.

Board cash retainer	◇
Board equity retainer	◇
Total board retainer	◇
Board chair premium	◇
Audit committee chair	◇
Compensation committee chair	◇
Nominating and governance chair	◇

Equity is delivered as restricted stock units.

Stock ownership guideline: 5x annual cash retainer

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.

Fiscal 2026

A10 Networks, Inc. ATEN
Arlo Technologies, Inc. ARLO
BlackBerry Ltd BB
Consensus Cloud Solutions, Inc. CCSI
Digi International Inc. DGII
E2open Parent Holdings, Inc. ETWO
Globalstar, Inc. GSAT
Iridium Communications Inc. IRDM
Kinaxis Inc. symbol not shown
Lantronix Inc. LTRX
MeridianLink, Inc. MLNK
Mitek Systems Inc. MITK
N-able, Inc. NABL
OneSpan Inc. OSPN
Porch Group, Inc. PRCH
Rimini Street, Inc. RMNI
SEMrush Holdings, Inc. SEMR

Say-on-pay history

Shareholder support for the compensation program, by year.

Year	Meeting	Support	Votes for	Votes against	Abstentions
2026	September 16, 2026	=	◇	◇	◇
2025	September 16, 2025	=	◇	◇	◇
2024	September 17, 2024	=	◇	◇	◇
2023	September 17, 2024	=	◇	◇	◇
2022	July 20, 2023	=	◇	◇	◇
2021	July 19, 2022	=	◇	◇	◇
2020	July 20, 2021	=	◇	◇	◇
2019	July 9, 2020	=	◇	◇	◇

Chief executive pay ratio

As calculated and reported by the company.

Ratio

◇

Median employee compensation

◇

Chief executive total compensation

◇

Ask our research desk — $99, 24h, every figure cited to its filing.

Sample answer — “What is the CEO’s total compensation?”

- Steve Towe (Chief Executive Officer), FY2026 total compensation $2,134,829 (base salary $555,778) [exec_comp, SEC accession 0001493152-26-035236, filed 2026-07-29]

See a complete sample report

What this page does not include

Everything above is a fact Powerfleet disclosed, and it is free. Everything below is our analysis of those facts, and it is not.

Peer benchmarking

Where Powerfleet sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.

Executive Compensation Report — $500

Written compensation analysis

A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.

Executive Compensation Report — $500

Board and governance analysis

Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.

Board Governance Report — $500

Realizable pay

What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.

Velarion Intelligence

Adviser switching and vote outcomes

Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.

Inquire about access

Multiple companies at once

Cross-company views, cohort screens, and data export across the industries we cover. This page is one company; the platform is all of them.

Velarion Intelligence

Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.

198 figures on this page: 190 cited to the filing that reported them, 8 calculated from figures it prints.

190 cited to the filing

8 calculated from the filing

Documents cited

8-K, filed September 16, 2026
0001493152-26-042928
Proposal No. 4: Approval of an Amendment to the Powerfleet, Inc.
DEF 14A, filed July 29, 2026
0001493152-26-035236
CEO Pay Ratio · EXECUTIVE COMPENSATION & · Grants of Plan-Based Awards · Summary Compensation Table
8-K, filed September 16, 2025
0001493152-25-013706
448,571 149,371 47,592 — 3. The stockholders approved an advisory resolution on executive compensation.
DEF 14A, filed July 29, 2025
0001641172-25-021438
Non-Employee Directors · Summary Compensation Table
8-K, filed September 17, 2024
0001493152-24-036868
DEF 14A, filed August 8, 2024
0001493152-24-030765
DEF 14A, filed May 9, 2024
0001493152-24-018526
8-K, filed July 26, 2023
0001493152-23-025572
DEF 14A, filed June 21, 2023
0001493152-23-022002
8-K, filed July 20, 2022
0001493152-22-019931
8-K, filed July 21, 2021
0001493152-21-017445
8-K, filed July 9, 2020
0001493152-20-012966

Cite this data

This page is free to cite. Attribution we ask for:

Velarion, “Powerfleet executive compensation, FY2022–FY2026.” https://intel.velarion.ai/comp/AIOT (accessed 2026).

Short form: data: Velarion

The paid brief for Powerfleet

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.

$500 for the Executive Compensation Report. Both reports for $900.

Get the executive brief Get the board briefNo account needed.

12 filings cited on this page

Method: intel.velarion.ai/methodology

A report that fails to generate is refunded in full

Published by Velarion Company Intelligence

Embed this data

A small, cited view of this data for your own page or newsletter. Every embed carries a visible link back here, so the attribution travels with it.

The headline figures, each with its citation.

<iframe src="https://intel.velarion.ai/comp/AIOT/embed" width="560" height="480" style="border:1px solid #d8dee8;border-radius:10px" loading="lazy" title="Powerfleet executive compensation, from Velarion"></iframe>

Connect an AI assistant

Ask your own assistant about Powerfleet and roughly 3,000 other US public companies, and get back the same figures on this page with the same citations. Free read access, no account. Add this to your assistant's connector settings.

{
  "mcpServers": {
    "velarion": {
      "type": "http",
      "url": "https://api.velarion.ai/mcp"
    }
  }
}

Setup guide and the full list of questions it answers

Peers Powerfleet discloses

The companies named in AIOT's own disclosed peer group.

A10 Networks, Inc.Arlo Technologies, Inc.BlackBerry Ltd Consensus Cloud Solutions, Inc.Digi International Inc.E2open Parent Holdings, Inc.Globalstar, Inc.Iridium Communications Inc.Lantronix Inc.MeridianLink, Inc.Mitek Systems Inc.N-able, Inc.OneSpan Inc.Porch Group, Inc.Rimini Street, Inc.SEMrush Holdings, Inc.

Terms on this page

Say-on-Pay Vote CEO Pay Ratio Median Employee Compensation All companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data

APA

Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854

BibTeX

@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}

More on Powerfleet

Frequently asked questions

Executive compensation

Equity awards granted

Outstanding awards

Director compensation

Director fee schedule

Disclosed peer group

Say-on-pay history

Chief executive pay ratio

What this page does not include

Citations

Documents cited

The paid brief for Powerfleet

Peers Powerfleet discloses

Terms on this page