VATE · INNOVATE Corp. · Executive Compensation
$5.60
-0.01 (-0.18%)
At close · Oct 23
Return incl. dividend (before tax)
Going-concern doubt
— flagged Aug 6, 2026
Substantial doubt about the company's ability to continue as a going concern.
“The accompanying unaudited Condensed Consolidated Financial Statements have been prepared assuming that the Company will continue as a going concern. However, as of the date of these financial statements, there is substantial doubt about the Company's ability to continue as a going concern within one year after the date that the financial statements are issued.”View the 10-Q filed Aug 6, 2026
Market Cap
$76.39M
Shares
13.64M
Volume · Oct 23
49.67K
Avg daily vol (3M)
370.91K
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 |
|---|---|---|
| Paul K. Voigt | Interim Chief Executive Officer | $1,840,192 |
| Michael Sena | Chief Financial Officer | $938,509 |
Fiscal 2024
| Executive | Role | Total |
|---|---|---|
| Paul K. Voigt | Interim Chief Executive Officer | $2,747,808 |
| Michael Sena | Chief Financial Officer | $1,006,236 |
Fiscal 2023
| Executive | Role | Total |
|---|---|---|
| Suzi Raftery Herbst | Former Chief Operating Officer and Corporate Secretary | $1,933,458 |
| Michael Sena | Chief Financial Officer | $1,334,568 |
| Wayne Barr | Former President and Chief Executive Officer | $709,307 |
| Paul K. Voigt | Interim Chief Executive Officer | $209,615 |
Fiscal 2022
| Executive | Role | Total |
|---|---|---|
| Joseph A. Ferraro | Former Chief Legal Officer and Corporate Secretary | $1,424,453 |
| Wayne Barr | Former President and Chief Executive Officer | $1,330,000 |
| Suzi Raftery Herbst | Former Chief Operating Officer and Corporate Secretary | $1,282,000 |
| Michael Sena | Chief Financial Officer | $1,282,000 |
| Paul K. Voigt | Interim Chief Executive Officer | — |
Fiscal 2021
| Executive | Role | Total |
|---|---|---|
| Wayne Barr | President and Chief Executive Officer | $1,375,000 |
| Michael Sena | Chief Financial Officer | $1,221,833 |
| Joseph A. Ferraro | Former Chief Legal Officer and Corporate Secretary | $1,138,917 |
| Suzi Raftery Herbst | Chief Operating Officer and Corporate Secretary | $1,131,000 |
Fiscal 2020
| Executive | Role | Total |
|---|---|---|
| Michael Sena | Chief Financial Officer | $1,249,368 |
| Joseph A. Ferraro | Chief Legal Officer and Corporate Secretary | $1,234,368 |
| Wayne Barr | President and Chief Executive Officer | $709,705 |
| Philip A. Falcone | Former Chairman, President and Chief Executive Officer | $334,615 |
Fiscal 2019
| Executive | Role | Total |
|---|---|---|
| Suzi Raftery Herbst | Chief Administrative Officer | $993,500 |
| Joseph A. Ferraro | Chief Legal Officer and Corporate Secretary | $806,000 |
| Michael Sena | Chief Financial Officer | $646,000 |
| Philip A. Falcone | Former Chairman, President and Chief Executive Officer | $600,000 |
Fiscal 2018
| Executive | Role | Total |
|---|---|---|
| Philip A. Falcone | President and Chief Executive Officer | $11,535,545 |
| Michael Sena | Chief Financial Officer | $2,128,593 |
| Joseph A. Ferraro | Chief Legal Officer and Corporate Secretary | $1,173,142 |
| Suzi Raftery Herbst | Chief Administrative Officer | $981,000 |
Fiscal 2017
| Executive | Role | Total |
|---|---|---|
| Philip A. Falcone | President and Chief Executive Officer | $8,141,699 |
| Michael Sena | Chief Financial Officer | $1,737,453 |
| Joseph A. Ferraro | Chief Legal Officer and Corporate Secretary | $1,069,961 |
| Suzi Raftery Herbst | Chief Administrative Officer | $731,000 |
Executive changes
| Person | Role | Change | Filed |
|---|---|---|---|
| Suzi Herbst | Chief Operating Officer | Resigned | 2023-09-21 |
| Paul K. Voigt | Interim Chief Executive Officer | Appointed | 2023-07-25 |
| Suzi Herbst | Interim Chief Executive Officer | Appointed | 2023-07-24 |
| Joseph Ferraro | Chief Legal Officer | Terminated | 2022-09-16 |
| Amy Wilkinson | director | Appointed | 2022-08-02 |
Leadership
- Paul K. Voigt CEO
- Suzi Herbst CEO
- Wayne Barr, Jr. CEO
- Avram A. "Avie" Glazer Chairman, Board Member
- Avram A. Glazer Chairman, Board Member
- Brian Goldstein Chairman, Board Member
- Michael Sena CFO
- Amy M. Wilkinson Board Member
- Amy Wilkinson Board Member
- Brian S. Goldstein Board Member
- Julie Springer Board Member
- Kenneth S. Courtis Board Member
- Michael Gorzynski Board Member
- Shelly C. Lombard Board Member
- Warren H. Gfeller Board Member