SNFI · Stark Novus Financial Inc. · Executive Compensation
$1.51
-0.19 (-11.18%)
At close · Oct 20
Return incl. dividend (before tax)
Going-concern doubt
— cleared Aug 14, 2026
The latest filing states the doubt was alleviated.
“The Company’s liquidity and ability to continue as a going concern is dependent upon, among other things: (i) the resolution of significant contingent and other claims and liabilities and (ii) the outcome of the Company’s efforts to realize value, if any, from its retained causes of action, including the Foxconn Litigation, and other remaining assets. The Company is continuing to explore potential business opportunities, including strategic alternatives or business combinations, including those that would preserve the value of the Company’s NOLs. Based on the foregoing, management believes that the Company will have sufficient working capital to meet its needs through the date one year from this filing.”View the 10-Q filed Aug 14, 2026
Market Cap
$24.60M
Shares
16.29M
Volume · Oct 20
20.05K
Avg daily vol (3M)
9712
Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.
Fiscal 2025
| Executive | Role | Total |
|---|---|---|
| Alexander Matina | Chief Executive Officer, President, Secretary, and Treasurer | $311,236 |
| William Gallagher | Former Chief Executive Officer, President, Secretary, and Treasurer | $261,096 |
Fiscal 2024
| Executive | Role | Total |
|---|---|---|
| Edward T. Hightower | Former Chief Executive Office and President | $1,136,177 |
| Adam B. Kroll | Former Chief Financial Officer and Corporate Secretary | $869,305 |
| Daniel A. Ninivaggi | Former Executive Chairman | $646,686 |
| William Gallagher | Former Chief Executive Officer, President, Secretary, and Treasurer | $564,167 |
Fiscal 2023
| Executive | Role | Total |
|---|---|---|
| Edward T. Hightower | Former Chief Executive Office and President | $674,783 |
| Daniel A. Ninivaggi | Former Executive Chairman | $458,168 |
| Adam B. Kroll | Former Chief Financial Officer and Corporate Secretary | $453,672 |
Fiscal 2022
| Executive | Role | Total |
|---|---|---|
| Edward T. Hightower | Chief Executive Officer and President (since July 12, 2022) | $3,707,660 |
| Melissa A. Leonard | Executive Vice President, General Counsel and Secretary | $2,863,078 |
| Daniel A. Ninivaggi | Executive Chairman (since July 12, 2022) | $2,152,998 |
| Adam B. Kroll | Chief Financial Officer | $1,820,860 |
Fiscal 2021
| Executive | Role | Total |
|---|---|---|
| Daniel A. Ninivaggi | Executive Chairman (since July 12, 2022) | $5,575,698 |
| Jane Ritson-Parsons | Executive Vice President — Chief Commercial Officer | $4,296,177 |
| Thomas V. Canepa | Former General Counsel & Corporate Secretary (through December 17, 2021) Chuan D. (John) Vo Former Vice President of Propulsion (through February 25, 2022) | $2,953,130 |
| Adam Kroll | Chief Financial Officer (since October 25, 2021) | $1,777,171 |
| Adam B. Kroll | Chief Financial Officer | $1,777,171 |
| Angela Strand | Former Executive Chair (from June 18, 2021 to August 26, 2021) | $1,400,521 |
| Stephen S. Burns | Former Chief Executive Officer (through June 14, 2021) | $489,423 |
| Melissa A. Leonard | Executive Vice President, General Counsel and Secretary | — |
| Edward T. Hightower | Chief Executive Officer and President (since July 12, 2022) | — |
Fiscal 2020
| Executive | Role | Total |
|---|---|---|
| Phil Richard Schmidt | President | $412,305 |
| Thomas V. Canepa | Former General Counsel & Corporate Secretary (through December 17, 2021) | $380,385 |
| Stephen S. Burns | Former Chief Executive Officer (through June 14, 2021) | $269,266 |
Fiscal 2019
| Executive | Role | Total |
|---|---|---|
| Stephen S. Burns | Former Chief Executive Officer | $99,113 |
Executive changes
| Person | Role | Change | Filed |
|---|---|---|---|
| Michael J. Wartell | Board | Resigned | 2026-06-30 |
| Paul W. Burkett | director | Appointed | 2026-06-30 |
| Neil Weiner | Class I director | Appointed | 2025-12-16 |
| Alexander Matina | President | Appointed | 2025-09-26 |
| Alexander Matina | Chief Executive Officer | Appointed | 2025-09-26 |
| Alexander C. Matina | principal financial officer | Appointed | 2025-09-26 |
| Alexander C. Matina | President | Appointed | 2025-09-26 |
| Alexander C. Matina | Chief Executive Officer | Appointed | 2025-09-26 |
| William Gallagher | Chief Executive Officer, President, Secretary, and Treasurer of the Company | Appointed | 2024-03-15 |
| Alexandre Zyngier | board of directors of the Company | Appointed | 2024-03-15 |
| Neil Werner | board of directors of the Company | Appointed | 2024-03-15 |
| Michael J. Wartell | board of directors of the Company | Appointed | 2024-03-15 |
| Andrew L. Sole | board of directors of the Company | Appointed | 2024-03-15 |
| Adam Kroll | executive officers of the Company | Terminated | 2024-03-15 |
| Alexander C. Matina | board of directors of the Company | Appointed | 2024-03-15 |
| Edward T. Hightower | executive officers of the Company | Terminated | 2024-03-15 |
| Daniel A. Ninivaggi | executive officers of the Company | Terminated | 2024-03-15 |
| Edward T. Hightower | Chief Executive Officer | Terminated | 2024-03-07 |
| Adam Kroll | Chief Financial Officer | Terminated | 2024-03-07 |
| Laura J. Soave | director | Terminated | 2024-03-07 |
| Angela Strand | director | Terminated | 2024-03-07 |
| Dale Spencer | director | Terminated | 2024-03-07 |
| Daniel A. Ninivaggi | Executive Chairman | Terminated | 2024-03-07 |
| Jane Reiss | director | Terminated | 2024-03-07 |
| Edward T. Hightower | director | Terminated | 2024-03-07 |
Leadership
- Alexander C. Matina CEO, CFO, Board Member
- Alexander Matina CEO
- Daniel Ninivaggi CEO, Board Member
- William Gallagher CEO
- Alexandre Zyngier Chairman, Board Member
- Andrew L. Sole Chairman, Board Member
- Neil Weiner Chairman, Board Member
- Adam B. Kroll CFO
- Becky Roof CFO
- Jane Ritson-Parsons COO
- Melissa A. Leonard General Counsel
- David T. Hamamoto Board Member
- Edward T. Hightower Board Member
- Jerry Hsiao Board Member
- Joseph B. Anderson Board Member
- Keith Feldman Board Member
- Liting Cai Board Member
- Michael J. Wartell Board Member
- Neil Werner Board Member
- Paul W. Burkett Board Member
- Stephen S. Burns Board Member