Martinrea International Management
Management criteria checks 2/4
Martinrea International's CEO is Pat D'Eramo, appointed in Nov 2014, has a tenure of 9.42 years. total yearly compensation is CA$4.07M, comprised of 20.1% salary and 79.9% bonuses, including company stock and options. directly owns 0.36% of the company’s shares, worth CA$3.09M. The average tenure of the management team and the board of directors is 6.8 years and 8.8 years respectively.
Key information
Pat D'Eramo
Chief executive officer
CA$4.1m
Total compensation
| CEO salary percentage | 20.1% |
| CEO tenure | 9.4yrs |
| CEO ownership | 0.4% |
| Management average tenure | 6.8yrs |
| Board average tenure | 8.8yrs |
Recent management updates
Recent updates
Martinrea International (TSE:MRE) Is Paying Out A Dividend Of CA$0.05
Mar 05
We 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 30Martinrea International (TSE:MRE) Seems To Be Using A Lot Of Debt
Jun 10Martinrea International's (TSE:MRE) Earnings Are Weaker Than They Seem
Mar 10The Returns On Capital At Martinrea International (TSE:MRE) Don't Inspire Confidence
Mar 04Martinrea International (TSE:MRE) Could Be Struggling To Allocate Capital
Nov 07CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | 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$160m |
Compensation vs Market: Pat's total compensation ($USD2.97M) is above average for companies of similar size in the Canadian market ($USD1.82M).
Compensation vs Earnings: Pat's compensation has increased by more than 20% in the past year.
CEO
Pat D'Eramo (60 yo)
9.4yrs
Tenure
CA$4,072,859
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 | 27.6yrs | CA$3.94m | 0.73% CA$ 6.3m | |
| CEO & Director | 9.4yrs | CA$4.07m | 0.36% CA$ 3.1m | |
| President & CFO | 13.1yrs | CA$1.56m | 0.11% CA$ 957.1k | |
| Executive Vice President of Human Resources | no data | CA$1.24m | 0.097% CA$ 840.4k | |
| Executive Vice-President of Metallics Business Unit | no data | CA$1.45m | no data | |
| Chief Technology Officer | no data | no data | 0.036% CA$ 313.3k | |
| Director of Investor Relations & Corporate Development | 4.3yrs | no data | no data | |
| General Counsel & Corporate Secretary | no data | no data | 0.046% CA$ 400.9k | |
| Global Director of Communications & Marketing | no data | no data | no data | |
| Executive Vice President of Martinrea Innovation Developments Inc. | 3.3yrs | CA$1.23m | 0.084% CA$ 722.3k | |
| Executive Vice President of Procurement & Supply Chain Operations | no data | no data | 0.050% CA$ 431.3k | |
| Chief Internal Auditor | no data | no data | 0.058% CA$ 505.1k |
6.8yrs
Average Tenure
60yo
Average Age
Experienced Management: MRE's management team is seasoned and experienced (6.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board | 27.6yrs | CA$3.94m | 0.73% CA$ 6.3m | |
| CEO & Director | 8.8yrs | CA$4.07m | 0.36% CA$ 3.1m | |
| Independent Director | 10.2yrs | CA$229.00k | 0.048% CA$ 417.3k | |
| Independent Director | 4.8yrs | CA$214.00k | no data | |
| Lead Independent Director | 21.8yrs | CA$322.00k | 0.031% CA$ 266.7k | |
| Independent Director | 3.1yrs | CA$214.00k | 0.046% CA$ 393.7k | |
| Independent Director | 5.7yrs | CA$229.00k | 0.056% CA$ 484.9k | |
| Independent Director | 9.8yrs | CA$229.00k | 0.031% CA$ 270.0k | |
| Independent Director | 1.3yrs | no data | no data |
8.8yrs
Average Tenure
65.5yo
Average Age
Experienced Board: MRE's board of directors are considered experienced (8.8 years average tenure).