People: Petmed Express Inc (PETS.O)

PETS.O on Nasdaq

14.33USD
22 Aug 2014
Price Change (% chg)

$0.08 (+0.56%)
Prev Close
$14.25
Open
$14.25
Day's High
$14.39
Day's Low
$14.22
Volume
77,557
Avg. Vol
174,500
52-wk High
$17.21
52-wk Low
$12.13

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Akdag, Menderes 

Brief Biography

Mr. Menderes Akdag serves as President, Chief Executive Officer, Director of PetMed Express Inc. Mr. Akdag has served as the Company’s Chief Executive Officer since March, 2001 and as President since August, 2005, and was appointed to the Board of Directors in November, 2002, bringing a breadth of experience in the areas of direct response marketing, operations, and finance. Mr. Akdag is also a member of the Company’s Investment Committee. In 2009, Mr. Akdag was an Ernst & Young® Entrepreneur of the Year Florida Winner in the retail category as well as a national finalist. Recognized globally, the award honors the entrepreneurs who inspire others with their vision, leadership, and achievement. Mr. Akdag holds a Bachelor of Science degree in Business Administration with a major in finance from the University of Florida where he graduated with high honors. Prior to joining PetMed Express, Mr. Akdag served as Chief Executive Officer of International Cosmetics Marketing Co. d/b/a Beverly Sassoon & Co., a publicly held (PS:SASN) direct sales company distributing skin care and nutritional products, from November 2000 until March, 2001. From May 1991 until August 2000, Mr. Akdag was employed by Lens Express, Inc., a direct sales company distributing replacement contact lenses. While there, Mr. Akdag served as Chief Financial Officer from May 1991 until August 1992, as Chief Executive Officer from August 1992 until May 1996, and as President from May 1996 until August 2000. From May 1991 until May 1996, Mr. Akdag was also a member of the Board of Directors. Mr. Akdag also serves on the Board of Directors of Integrity Tracking LLC (Mobile Help), a privately-held company in which he is a minority investor.

Basic Compensation

Total Annual Compensation, USD Long-Term Incentive Plans, USD All Other, USD Fiscal Year Total, USD
550,000 -- 186,677 736,677

Options Compensation

  Quantity Market Value
Exercisable 166,667 1,188,340.00
Unexercisable 83,333 594,164.00
Exercised 55,556 284,271.00
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