Carrier Global Management
Management criteria checks 2/4
Carrier Global's CEO is Dave Gitlin, appointed in Jun 2019, has a tenure of 5.58 years. total yearly compensation is $17.70M, comprised of 7.8% salary and 92.2% bonuses, including company stock and options. directly owns 0.078% of the company’s shares, worth €46.69M. The average tenure of the management team and the board of directors is 3.2 years and 4.8 years respectively.
Key information
Dave Gitlin
Chief executive officer
US$17.7m
Total compensation
| CEO salary percentage | 7.8% |
| CEO tenure | 5.6yrs |
| CEO ownership | 0.08% |
| Management average tenure | 3.2yrs |
| Board average tenure | 4.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$2b |
| Jun 30 2024 | n/a | n/a | US$1b |
| Mar 31 2024 | n/a | n/a | US$1b |
| Dec 31 2023 | US$18m | US$1m | US$1b |
| Sep 30 2023 | n/a | n/a | US$1b |
| Jun 30 2023 | n/a | n/a | US$2b |
| Mar 31 2023 | n/a | n/a | US$3b |
| Dec 31 2022 | US$13m | US$1m | US$4b |
| Sep 30 2022 | n/a | n/a | US$4b |
| Jun 30 2022 | n/a | n/a | US$3b |
| Mar 31 2022 | n/a | n/a | US$3b |
| Dec 31 2021 | US$15m | US$1m | US$2b |
| Sep 30 2021 | n/a | n/a | US$2b |
| Jun 30 2021 | n/a | n/a | US$2b |
| Mar 31 2021 | n/a | n/a | US$2b |
| Dec 31 2020 | US$15m | US$958k | US$2b |
| Sep 30 2020 | n/a | n/a | US$2b |
| Jun 30 2020 | n/a | n/a | US$1b |
| Mar 31 2020 | n/a | n/a | US$2b |
| Dec 31 2019 | US$8m | US$967k | US$2b |
| Dec 31 2018 | US$6m | US$900k | US$3b |
Compensation vs Market: Dave's total compensation ($USD17.70M) is above average for companies of similar size in the Austrian market ($USD4.36M).
Compensation vs Earnings: Dave's compensation has increased by more than 20% in the past year.
CEO
Dave Gitlin (55 yo)
5.6yrs
Tenure
US$17,695,200
Compensation
Mr. David L. Gitlin, also known as Dave, is Independent Director of The Boeing Company from June 21, 2022. He serves Chief Executive Officer of Carrier Global Corporation since June 2019 & has been its Dir...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 5.6yrs | US$17.70m | 0.078% € 46.7m | |
| Senior VP & CFO | 4.2yrs | US$7.51m | 0.0083% € 4.9m | |
| Senior Vice President of Engineering | 3.4yrs | US$3.39m | 0.0015% € 883.8k | |
| Senior Vice President of Operations | 2yrs | no data | no data | |
| Senior VP & Chief Technology and Sustainability Officer | 3yrs | no data | no data | |
| Vice President of Investor Relations | no data | no data | no data | |
| Senior Vice President & Chief Legal Officer | less than a year | no data | no data | |
| Senior VP and Chief Marketing & Communications Officer | 2yrs | no data | no data | |
| Senior VP & Chief Human Resources Officer | 10yrs | no data | 0.0095% € 5.7m | |
| Senior VP & Chief Digital Officer | no data | no data | no data | |
| Senior VP of Global Services & Business Development and Chief Strategy Officer | 5.3yrs | no data | 0.011% € 6.9m | |
| President of HVAC Americas & Commercial HVAC EMEA | 2yrs | no data | no data |
3.2yrs
Average Tenure
51yo
Average Age
Experienced Management: CARG's management team is considered experienced (3.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 4.8yrs | US$17.70m | 0.078% € 46.7m | |
| Independent Director | 4.8yrs | US$330.83k | no data | |
| Independent Director | 4.8yrs | US$310.83k | 0.0020% € 1.2m | |
| Independent Director | 2yrs | US$329.14k | no data | |
| Independent Director | 4.8yrs | US$348.30k | no data | |
| Independent Director | 4.8yrs | US$339.80k | 0% € 0 | |
| Independent Director | 4.8yrs | US$376.67k | no data | |
| Director | less than a year | no data | no data | |
| Lead Independent Director | 4.8yrs | US$347.74k | 0.0040% € 2.4m | |
| Alternate Director | 2.8yrs | no data | no data |
4.8yrs
Average Tenure
67yo
Average Age
Experienced Board: CARG's board of directors are considered experienced (4.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 16:14 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Carrier Global Corporation is covered by 31 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Argus Research Company |
| Timothy Wojs | Baird |
| Julian Mitchell | Barclays |