Martinrea International Management
Management criteria checks 3/4
Martinrea International's CEO is Pat D'Eramo, appointed in Nov 2014, has a tenure of 10.08 years. total yearly compensation is CA$4.69M, comprised of 17.4% salary and 82.6% bonuses, including company stock and options. directly owns 0.37% of the company’s shares, worth CA$2.49M. The average tenure of the management team and the board of directors is 3.9 years and 9.5 years respectively.
Key information
Pat D'Eramo
Chief executive officer
CA$4.7m
Total compensation
| CEO salary percentage | 17.4% |
| CEO tenure | 10.1yrs |
| CEO ownership | 0.4% |
| Management average tenure | 3.9yrs |
| Board average tenure | 9.5yrs |
Recent management updates
Recent updates
Market Still Lacking Some Conviction On Martinrea International Inc. (TSE:MRE)
Dec 17
Slowing Rates Of Return At Martinrea International (TSE:MRE) Leave Little Room For Excitement
Nov 14Martinrea International (TSE:MRE) Will Pay A Dividend Of CA$0.05
Aug 12Martinrea International (TSE:MRE) Will Pay A Dividend Of CA$0.05
Jun 14Martinrea International (TSE:MRE) Is Due To Pay A Dividend Of CA$0.05
May 14Martinrea International's (TSE:MRE) Soft Earnings Are Actually Better Than They Appear
May 09Martinrea International (TSE:MRE) Is Paying Out A Dividend Of CA$0.05
Mar 05We Think Martinrea International (TSE:MRE) Is Taking Some Risk With Its Debt
Mar 03Martinrea International (TSE:MRE) Is Paying Out A Dividend Of CA$0.05
Dec 14We Think Martinrea International (TSE:MRE) Is Taking Some Risk With Its Debt
Oct 19Martinrea International (TSE:MRE) Has Affirmed Its Dividend Of CA$0.05
Sep 05Martinrea International's (TSE:MRE) Dividend Will Be CA$0.05
Aug 22Here's Why We Think Martinrea International (TSE:MRE) Is Well Worth Watching
Aug 13Martinrea International (TSE:MRE) May Have Issues Allocating Its Capital
Jul 22Does Martinrea International (TSE:MRE) Have A Healthy Balance Sheet?
Jun 08Martinrea International (TSE:MRE) Is Due To Pay A Dividend Of CA$0.05
May 12An Intrinsic Calculation For Martinrea International Inc. (TSE:MRE) Suggests It's 37% Undervalued
May 07Martinrea International (TSE:MRE) Is Paying Out A Dividend Of CA$0.05
Mar 07Some Investors May Be Worried About Martinrea International's (TSE:MRE) Returns On Capital
Mar 04Is Martinrea International (TSE:MRE) A Risky Investment?
Jan 27Martinrea International (TSE:MRE) Will Pay A Dividend Of CA$0.05
Dec 11Martinrea International (TSE:MRE) Will Pay A Dividend Of CA$0.05
Nov 17Capital Allocation Trends At Martinrea International (TSE:MRE) Aren't Ideal
Sep 30CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | CA$101m |
| Jun 30 2024 | n/a | n/a | CA$140m |
| Mar 31 2024 | n/a | n/a | CA$149m |
| Dec 31 2023 | CA$5m | CA$818k | CA$154m |
| Sep 30 2023 | n/a | n/a | CA$198m |
| Jun 30 2023 | n/a | n/a | CA$180m |
| Mar 31 2023 | n/a | n/a | CA$156m |
| Dec 31 2022 | CA$4m | CA$818k | CA$133m |
| Sep 30 2022 | n/a | n/a | CA$77m |
| Jun 30 2022 | n/a | n/a | CA$24m |
| Mar 31 2022 | n/a | n/a | CA$22m |
| Dec 31 2021 | CA$2m | CA$818k | CA$36m |
| Sep 30 2021 | n/a | n/a | CA$91m |
| Jun 30 2021 | n/a | n/a | CA$153m |
| Mar 31 2021 | n/a | n/a | -CA$18m |
| Dec 31 2020 | CA$3m | CA$716k | -CA$27m |
| Sep 30 2020 | n/a | n/a | -CA$21m |
| Jun 30 2020 | n/a | n/a | -CA$20m |
| Mar 31 2020 | n/a | n/a | CA$155m |
| Dec 31 2019 | CA$5m | CA$818k | CA$181m |
| Sep 30 2019 | n/a | n/a | CA$168m |
| Jun 30 2019 | n/a | n/a | CA$158m |
| Mar 31 2019 | n/a | n/a | CA$185m |
| Dec 31 2018 | CA$4m | CA$818k | CA$186m |
| Sep 30 2018 | n/a | n/a | CA$180m |
| Jun 30 2018 | n/a | n/a | CA$180m |
| Mar 31 2018 | n/a | n/a | CA$172m |
| Dec 31 2017 | CA$4m | CA$818k | CA$160m |
Compensation vs Market: Pat's total compensation ($USD3.27M) is above average for companies of similar size in the Canadian market ($USD1.15M).
Compensation vs Earnings: Pat's compensation has been consistent with company performance over the past year.
CEO
Pat D'Eramo (61 yo)
10.1yrs
Tenure
CA$4,693,906
Compensation
Mr. Frank Patrick D'Eramo also known as Pat, has been the Chief Executive Officerof Martinrea International Inc. since November 1, 2014 and had been its President since November 1, 2014 until January 2024....
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board | 28.3yrs | CA$4.49m | 0.78% CA$ 5.2m | |
| CEO & Director | 10.1yrs | CA$4.69m | 0.37% CA$ 2.5m | |
| President | less than a year | CA$1.79m | 0.11% CA$ 771.6k | |
| Executive Vice President of Human Resources | no data | CA$1.46m | 0.10% CA$ 677.5k | |
| Executive Vice-President of Metallics Business Unit | no data | CA$2.11m | no data | |
| CFO & Lightweight Structures Commercial Group | less than a year | CA$2.10m | 0.10% CA$ 695.8k | |
| Chief Technology Officer | no data | no data | 0.041% CA$ 277.6k | |
| Director of Investor Relations & Corporate Development | 4.9yrs | no data | no data | |
| General Counsel & Corporate Secretary | no data | no data | 0.048% CA$ 323.2k | |
| Global Director of Communications & Marketing | no data | no data | no data | |
| Executive Vice President of Martinrea Innovation Developments Inc. | 3.9yrs | CA$1.23m | 0.093% CA$ 622.7k | |
| Executive Vice President of Procurement & Supply Chain Operations | no data | no data | 0.052% CA$ 347.7k |
3.9yrs
Average Tenure
61yo
Average Age
Experienced Management: MRE's management team is considered experienced (3.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board | 28.3yrs | CA$4.49m | 0.78% CA$ 5.2m | |
| CEO & Director | 9.5yrs | CA$4.69m | 0.37% CA$ 2.5m | |
| Independent Director | 10.8yrs | CA$229.00k | 0.055% CA$ 368.2k | |
| Independent Director | 5.5yrs | CA$214.00k | no data | |
| Lead Independent Director | 22.5yrs | CA$322.00k | 0.032% CA$ 215.0k | |
| Independent Director | 3.8yrs | CA$214.00k | 0.061% CA$ 408.1k | |
| Independent Director | 6.3yrs | CA$229.00k | 0.058% CA$ 390.9k | |
| Independent Director | 10.5yrs | CA$229.00k | 0.0040% CA$ 27.2k | |
| Independent Director | 1.9yrs | CA$214.00k | no data |
9.5yrs
Average Tenure
64yo
Average Age
Experienced Board: MRE's board of directors are considered experienced (9.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 06:23 |
| End of Day Share Price | 2024/12/30 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
Martinrea International Inc. is covered by 15 analysts. 6 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 |
|---|---|
| Tamy Chen | BMO Capital Markets Equity Research |
| David Tyerman | Canaccord Genuity |
| Krista Friesen | CIBC Capital Markets |