Howmet Aerospace Management

Management criteria checks 2/4

Howmet Aerospace's CEO is John Plant, appointed in Oct 2021, has a tenure of 2.58 years. total yearly compensation is $7.34M, comprised of 21.8% salary and 78.2% bonuses, including company stock and options. directly owns 0.89% of the company’s shares, worth €264.90M. The average tenure of the management team and the board of directors is 4.3 years and 4.1 years respectively.

Key information

John Plant

Chief executive officer

US$7.3m

Total compensation

CEO salary percentage	21.8%
CEO tenure	2.6yrs
CEO ownership	0.9%
Management average tenure	4.3yrs
Board average tenure	4.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has John Plant's remuneration changed compared to Howmet Aerospace's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$858m
Dec 31 2023	US$7m	US$2m	US$763m
Sep 30 2023	n/a	n/a	US$638m
Jun 30 2023	n/a	n/a	US$530m
Mar 31 2023	n/a	n/a	US$484m
Dec 31 2022	US$2m	US$2m	US$467m
Sep 30 2022	n/a	n/a	US$433m
Jun 30 2022	n/a	n/a	US$380m
Mar 31 2022	n/a	n/a	US$307m
Dec 31 2021	US$17m	US$2m	US$256m
Sep 30 2021	n/a	n/a	US$285m
Jun 30 2021	n/a	n/a	US$294m
Mar 31 2021	n/a	n/a	US$136m
Dec 31 2020	US$39m	US$2m	US$209m
Sep 30 2020	n/a	n/a	US$221m
Jun 30 2020	n/a	n/a	US$243m
Mar 31 2020	n/a	n/a	US$191m
Dec 31 2019	US$52m	US$1m	US$124m
Sep 30 2019	n/a	n/a	US$224m
Jun 30 2019	n/a	n/a	US$327m
Mar 31 2019	n/a	n/a	US$583m
Dec 31 2018	US$597k	n/a	US$307m
Sep 30 2018	n/a	n/a	-US$305m
Jun 30 2018	n/a	n/a	-US$364m
Mar 31 2018	n/a	n/a	-US$290m
Dec 31 2017	US$402k	n/a	-US$127m

Compensation vs Market: John's total compensation ($USD7.34M) is above average for companies of similar size in the Austrian market ($USD4.39M).

Compensation vs Earnings: John's compensation has increased by more than 20% in the past year.

CEO

John Plant (69 yo)

2.6yrs

Tenure

US$7,344,588

Compensation

Mr. John C. Plant, FCA, serves as the Chief Executive Officer of Howmet Aerospace Inc. since October 14, 2021. He had been the Co-Chief Executive Officer of Howmet Aerospace Inc. (Formerly known as Arconic...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
John Plant	Executive Chairman & CEO	2.6yrs	US$7.34m	0.89% $ 264.9m
Kenneth Giacobbe	Executive VP & CFO	7.5yrs	US$3.83m	0.038% $ 11.4m
Lola Lin	Executive VP	2.9yrs	US$2.99m	0.0016% $ 484.6k
Neil Marchuk	Executive VP & Chief Human Resources Officer	5.2yrs	US$3.88m	0.0080% $ 2.4m
Michael Chanatry	Executive VP & Chief Commercial Officer	6.1yrs	US$1.97m	0.045% $ 13.3m
Paul Luther	Vice President of Investor Relations	no data	no data	no data
Randall Scheps	President of Forged Wheels	4.3yrs	no data	no data
Margaret Lam	Assistant Secretary	no data	no data	no data
Merrick Murphy	President of the Engine Products Segment	no data	no data	no data
Vagner Finelli	President of Howmet Fastening Systems	less than a year	no data	no data
Johan Wall	President of Engineered Structures	less than a year	no data	no data
Diana Perreiah	President of Building & Construction Systems	9yrs	no data	no data

4.3yrs

Average Tenure

58yo

Average Age

Experienced Management: HWM's management team is considered experienced (4.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
John Plant	Executive Chairman & CEO	8.3yrs	US$7.34m	0.89% $ 264.9m
F. Caple	Director	1.1yrs	no data	no data
James Albaugh	Lead Independent Director	7yrs	US$315.01k	0.0024% $ 732.8k
Robert Leduc	Independent Director	4.1yrs	US$284.99k	0.0077% $ 2.3m
Ulrich Schmidt	Independent Director	8.3yrs	US$305.01k	0.0013% $ 391.8k
Sharon Barner	Independent Director	3.1yrs	US$280.01k	0% $ 0
Joseph Cantie	Independent Director	4.1yrs	US$271.09k	0.0094% $ 2.8m
Amy Alving	Independent Director	6yrs	US$295.01k	0.0010% $ 314.1k
David Miller	Independent Director	6.4yrs	US$280.01k	0% $ 0
Gunner Smith	Independent Director	less than a year	no data	0% $ 0
Jody Miller	Independent Director	4.1yrs	US$289.37k	no data

4.1yrs

Average Tenure

65yo

Average Age

Experienced Board: HWM's board of directors are considered experienced (4.1 years average tenure).

Howmet Aerospace Management

Management criteria checks 2/4

Key information

Recent management updates

Howmet Aerospace Inc., Annual General Meeting, May 22, 2024

Howmet Aerospace Appoints Johan Wall as President, Engineered Structures, Effective April 8, 2024

Executive VP recently sold €2.8m worth of stock

Howmet Aerospace Elects Gunner Smith to Board of Directors

Insider recently sold €3.6m worth of stock

Executive VP recently sold €2.3m worth of stock

Recent updates

First quarter 2024 earnings released: EPS: US$0.59 (vs US$0.36 in 1Q 2023)

Investor sentiment improves as stock rises 21%

Fourth quarter dividend of US$0.05 announced

Howmet Aerospace Inc. Approves Common Stock Dividend, Payable on May 28, 2024

Howmet Aerospace Inc. to Report Q1, 2024 Results on May 02, 2024

Howmet Aerospace Inc., Annual General Meeting, May 22, 2024

Howmet Aerospace Appoints Johan Wall as President, Engineered Structures, Effective April 8, 2024

Executive VP recently sold €2.8m worth of stock

Full year 2023 earnings released: EPS: US$1.86 (vs US$1.12 in FY 2022)

Upcoming dividend of US$0.05 per share at 0.4% yield

Third quarter dividend of US$0.05 announced

Howmet Aerospace Inc. Declares Dividend, Payable on February 26, 2024

Howmet Aerospace Inc. to Report Q4, 2023 Results on Feb 13, 2024

Howmet Aerospace Inc. Provides Earnings Guidance for the Fourth Quarter of 2023; Provides 2024 Preliminary Revenue Growth Guidance

Third quarter 2023 earnings released: EPS: US$0.46 (vs US$0.19 in 3Q 2022)

Upcoming dividend of US$0.05 per share at 0.4% yield

Howmet Aerospace Inc. to Report Q3, 2023 Results on Nov 02, 2023

Howmet Aerospace Elects Gunner Smith to Board of Directors

Howmet Aerospace Declares Quarterly Common Stock Dividend, Payable on November 27, 2023

Insider recently sold €3.6m worth of stock

Howmet Aerospace Inc. Provides Dividend Guidance for the Fourth Quarter 2023

Second quarter 2023 earnings released: EPS: US$0.47 (vs US$0.35 in 2Q 2022)

Upcoming dividend of US$0.04 per share at 0.3% yield

Howmet Aerospace Approves Common Stock Dividend, Payable on August 25, 2023

Howmet Aerospace Inc. to Report Q2, 2023 Results on Aug 01, 2023

Howmet Aerospace Inc.(NYSE:HWM) dropped from Russell 1000 Growth Index

First quarter 2023 earnings released: EPS: US$0.36 (vs US$0.31 in 1Q 2022)

Now 20% undervalued

Executive VP recently sold €2.3m worth of stock

Executive VP & CFO recently sold €4.5m worth of stock

Howmet Aerospace Inc. Provides Revenue Guidance for the First Quarter and Full Year of 2023

Full year 2022 earnings released: EPS: US$1.13 (vs US$0.59 in FY 2021)

Howmet Aerospace Inc. Board Approves Common Dividend, Payable on February 27, 2023

Now 22% undervalued

Howmet Aerospace Inc. to Report Q4, 2022 Results on Feb 14, 2023

High number of new directors

Howmet Aerospace Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year of 2022 and Provides Preliminary Revenue Guidance for the Year 2023

Third quarter 2022 earnings released: EPS: US$0.19 (vs US$0.061 in 3Q 2021)

Upcoming dividend of US$0.04 per share

Howmet Aerospace Inc. to Report Q3, 2022 Results on Oct 31, 2022

Howmet Aerospace Inc. Declares Quarterly Dividend, Payable on November 25, 2022

Howmet Aerospace Inc. Revises Revenue Guidance for the Year 2022

Second quarter 2022 earnings released: EPS: US$0.35 (vs US$0.17 in 2Q 2021)

Howmet Aerospace Inc. Provides Revenue Guidance for the Third Quarter 2022

Upcoming dividend of US$0.02 per share

Howmet Aerospace Board Approves Quarterly Dividend on Common Stock, Payable on August 25, 2022

Howmet Aerospace Inc. to Report Q2, 2022 Results on Aug 04, 2022

Howmet Aerospace Inc. Provides Earnings Guidance for the Year 2022

Now 21% undervalued

Howmet Aerospace Inc. Provides Earnings Guidance for the Second Quarter and Full Year 2022

First quarter 2022 earnings released: EPS: US$0.31 (vs US$0.18 in 1Q 2021)

Upcoming dividend of US$0.02 per share

High number of new directors

Howmet Aerospace Inc. Declares Quarterly Dividend, Payable on May 25, 2022

Howmet Aerospace Inc. to Report Q1, 2022 Results on May 03, 2022

Howmet Aerospace Inc., Annual General Meeting, May 25, 2022

Howmet Aerospace Inc. to Report Q4, 2021 Results on Feb 18, 2022

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Howmet Aerospace Inc. Provides Earnings Guidance for the First Quarter and Full Year of 2022

Upcoming dividend of US$0.02 per share

Third quarter 2021 earnings released: EPS US$0.061 (vs US$0.08 in 3Q 2020)

Upcoming dividend of US$0.02 per share

Howmet Aerospace Inc. (NYSE:HWM) announces an Equity Buyback for $1,500 million worth of its shares.

Second quarter 2021 earnings released: EPS US$0.17 (vs US$0.19 loss in 2Q 2020)

Upcoming dividend of US$0.02 per share

First quarter 2021 earnings released: EPS US$0.18 (vs US$0.35 in 1Q 2020)

Howmet Aerospace Inc. Expects to Reinstate a Quarterly Dividend of its Common Stock, Beginning in the Third Quarter 2021

New 90-day high: €24.80

Executive VP, Chief Legal Officer & Corporate Secretary has left the company