BorgWarner Management

Management criteria checks 3/4

BorgWarner's CEO is Fred Lissalde, appointed in Aug 2018, has a tenure of 6.25 years. total yearly compensation is $19.31M, comprised of 7.2% salary and 92.8% bonuses, including company stock and options. directly owns 0.18% of the company’s shares, worth R$78.02M. The average tenure of the management team and the board of directors is 3.8 years and 5.3 years respectively.

Key information

Fred Lissalde

Chief executive officer

US$19.3m

Total compensation

CEO salary percentage	7.2%
CEO tenure	6.3yrs
CEO ownership	0.2%
Management average tenure	3.8yrs
Board average tenure	5.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Fred Lissalde's remuneration changed compared to BorgWarner's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$919m
Jun 30 2024	n/a	n/a	US$764m
Mar 31 2024	n/a	n/a	US$677m
Dec 31 2023	US$19m	US$1m	US$632m
Sep 30 2023	n/a	n/a	US$655m
Jun 30 2023	n/a	n/a	US$741m
Mar 31 2023	n/a	n/a	US$604m
Dec 31 2022	US$18m	US$1m	US$636m
Sep 30 2022	n/a	n/a	US$593m
Jun 30 2022	n/a	n/a	US$516m
Mar 31 2022	n/a	n/a	US$672m
Dec 31 2021	US$18m	US$1m	US$343m
Sep 30 2021	n/a	n/a	US$766m
Jun 30 2021	n/a	n/a	US$781m
Mar 31 2021	n/a	n/a	US$436m
Dec 31 2020	US$10m	US$1m	US$500m
Sep 30 2020	n/a	n/a	US$362m
Jun 30 2020	n/a	n/a	US$445m
Mar 31 2020	n/a	n/a	US$715m
Dec 31 2019	US$14m	US$1m	US$746m
Sep 30 2019	n/a	n/a	US$756m
Jun 30 2019	n/a	n/a	US$766m
Mar 31 2019	n/a	n/a	US$866m
Dec 31 2018	US$5m	US$946k	US$931m
Sep 30 2018	n/a	n/a	US$555m
Jun 30 2018	n/a	n/a	US$536m
Mar 31 2018	n/a	n/a	US$476m
Dec 31 2017	US$3m	US$673k	US$440m

Compensation vs Market: Fred's total compensation ($USD19.31M) is above average for companies of similar size in the BR market ($USD2.46M).

Compensation vs Earnings: Fred's compensation has been consistent with company performance over the past year.

CEO

Fred Lissalde (57 yo)

6.3yrs

Tenure

US$19,308,195

Compensation

Mr. Frederic B. Lissalde, also known as Fred, serves as Independent Director of Soitec SA since July 23, 2024. He has been an Independent Director of Autoliv, Inc. since December 8, 2020. Mr. Lissalde has...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Frederic Lissalde	President	6.3yrs	US$19.31m	0.18% R$ 78.0m
Joseph Fadool	Executive VP & COO	less than a year	US$6.96m	0.10% R$ 45.0m
Tonit Calaway	Executive VP	6.3yrs	US$5.63m	0.090% R$ 38.8m
Stefan Demmerle	VP and President & GM of PowerDrive Systems	8.9yrs	US$6.53m	0.11% R$ 46.9m
Craig Aaron	CFO, Executive VP & Controller	2.8yrs	no data	0.017% R$ 7.5m
Amy Kulikowski	VP & Chief Accounting Officer	less than a year	no data	0.0052% R$ 2.2m
Harry Husted	Chief Technology Officer	no data	no data	no data
Patrick Nolan	Vice President of Investor Relations	8yrs	no data	no data
Tania Wingfield	Executive VP & Chief Human Resources Officer	2.8yrs	no data	0.017% R$ 7.2m
Volker Weng	VP, President and GM of Turbos and Thermal Technologies	3.8yrs	no data	0.041% R$ 17.4m
Paul Farrell	Executive VP & Chief Strategy Officer	4.1yrs	no data	0.023% R$ 9.9m
Isabelle McKenzie	VP, President and GM of Drivetrain & Morse Systems	1.7yrs	no data	0.019% R$ 8.2m

3.8yrs

Average Tenure

57yo

Average Age

Experienced Management: B1WA34's management team is considered experienced (3.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Frederic Lissalde	President	6.3yrs	US$19.31m	0.18% R$ 78.0m
Alexis Michas	Independent Non-Executive Chairman	31.8yrs	US$483.79k	0.036% R$ 15.4m
Deborah McWhinney	Independent Director	6.3yrs	US$312.50k	0.011% R$ 4.9m
Hau Thai-Tang	Independent Director	1.8yrs	US$282.70k	0.0038% R$ 1.6m
Shaun McAlmont	Independent Director	4.3yrs	US$300.00k	0.0070% R$ 3.0m
Michael Hanley	Independent Director	8yrs	US$314.00k	0.013% R$ 5.4m
Sara Greenstein	Independent Director	3yrs	US$302.11k	0.0035% R$ 1.5m
Sailaja Shankar	Independent Director	2.2yrs	US$300.72k	0.0038% R$ 1.6m

5.3yrs

Average Tenure

57.5yo

Average Age

Experienced Board: B1WA34's board of directors are considered experienced (5.3 years average tenure).

BorgWarner Management

Management criteria checks 3/4

Key information

Recent management updates

BorgWarner Inc. Announces Promotion of Joseph Fadool as Executive Vice President and Chief Operating Officer, Effective June 1, 2024

BorgWarner Inc., Annual General Meeting, Apr 24, 2024

Borgwarner Announces Appointment of Amy Kulikowski as Chief Accounting Officer, Effective from March 1, 2024

Borgwarner Inc. Announces CFO Changes

Borgwarner Announces Executive Changes

Borgwarner Inc. Appoints Hau Thai-Tang to Its Board of Directors

Recent updates

BorgWarner Inc. Revises Earnings Guidance for the Full Year 2024

BorgWarner Inc.(NYSE:BWA) dropped from FTSE All-World Index (USD)

BorgWarner Inc. Updates Earnings Guidance for the Full Year 2024

BorgWarner Inc. Updates Earnings Guidance for the Full Year 2024

BorgWarner Inc. to Report Q2, 2024 Results on Jul 31, 2024

BorgWarner Inc. Declares Quarterly Cash Dividend, Payable on September 16, 2024

BorgWarner Inc. Announces Promotion of Joseph Fadool as Executive Vice President and Chief Operating Officer, Effective June 1, 2024

BorgWarner Supplies Polestar BEV SUVs with Electric Torque Vectoring and Disconnect Systems

BorgWarner Inc. Declares Quarterly Cash Dividend, Payable on June 17, 2024

BorgWarner Inc. to Report Q1, 2024 Results on May 02, 2024

BorgWarner Inc., Annual General Meeting, Apr 24, 2024

Borgwarner Announces Appointment of Amy Kulikowski as Chief Accounting Officer, Effective from March 1, 2024

BorgWarner Inc. Provides Earnings Guidance for the Year 2024

Borgwarner Inc. Announces CFO Changes

BorgWarner Inc. (NYSE:BWA) completed the acquisition of Electric Hybrid Systems Business Segment from Eldor Corporation S.p.A.

BorgWarner Inc. Declares Quarterly Dividend, Payable on December 15, 2023

BorgWarner Inc. Provides Earnings Guidance for the Year 2023

BorgWarner Inc. to Report Q3, 2023 Results on Nov 02, 2023

Borgwarner Inc. Provides Earnings Guidance for the Year 2023

Borgwarner Inc. Declares Quarterly Cash Dividend, Payable on September 15, 2023

BorgWarner Inc. to Report Q2, 2023 Results on Aug 02, 2023

BorgWarner Inc. (NYSE:BWA) entered into a share purchase agreement to acquire Electric Hybrid Systems Business Segment from Eldor Corporation S.p.A. for €75 million.

BorgWarner Inc. Provides Earnings Guidance for the Full Year 2023

Borgwarner Announces Executive Changes

BorgWarner Inc. Provides Earnings Guidance for the Year of 2023

Borgwarner Inc. Appoints Hau Thai-Tang to Its Board of Directors

BorgWarner Inc. Announces Resignation of Paul A. Mascarenas as Board of Directors

BorgWarner Inc. Declares Quarterly Dividend, Payable on December 15, 2022

Borgwarner Inc. Provides Earnings Guidance for the Fiscal Year 2022

BorgWarner Inc. Appoints Sailaja Shankar to Its Board of Directors

BorgWarner Inc. (NYSE:BWA) entered into an equity transfer agreement to acquire Charging Business of Hubei Surpass Sun Electric Co. Ltd for an enterprise value of up to CNY 410 million.

BorgWarner Inc. (NYSE:BWA) acquired Rhombus Energy Solutions, Inc.

BorgWarner Inc. Declares Quarterly Dividend, Payable on September 15, 2022

BorgWarner to Provide Dual Inverter for a Leading Chinese OEM, Further Expanding Its Hybrid System Applications

BorgWarner Inc. (NYSE:BWA) completed the acquisition of Santroll Automotive Components from Tianjin Santroll Electric Automobile Technology Co.,Ltd.

BorgWarner to Provide Leading Chinese OEM with 800V SiC Inverters

Borgwarner Declares Quarterly Dividend, Payable on March 15, 2022

Atar Capital LLC acquired Manufacturing Facility and Business in Water Valley, Mississippi from BorgWarner Inc. (NYSE:BWA) for $72 million.

BorgWarner Inc. Provides Earnings Guidance for the Full Year of 2021

BorgWarner Inc.(NYSE:BWA) dropped from Russell 2500 Growth Index

BorgWarner Inc. (NYSE:BWA) completed the acquisition of 89.1% stake of Akasol AG (XTRA:ASL) from Morgan Stanley & Co. International plc, Lansdowne Partners (UK) LLP, Felix von Borck, Stephen Raiser, Schulz Group GmbH and others for approximately €650 Million.

BorgWarner Inc. Provides Earnings Guidance for the Full Year 2021

BorgWarner Inc. Declares Quarterly Cash Dividend, Payable on June 15, 2021

BorgWarner Inc., Annual General Meeting, Apr 28, 2021

Akasol Ag, Borgwarner and Blitz F21-842 Ag Sign A Business Combination Agreement

BorgWarner Launches 800-Volt Electric Motor for the Commercial Vehicle Segment

BorgWarner Inc. Reportedly Advanced Talks to Go Public Through a Merger with RMG Acquisition

BorgWarner Inc. (NYSE:BWA) completed the acquisition of Delphi Technologies PLC (NYSE:DLPH) from a group of shareholders.

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age