Methanex Management
Management criteria checks 3/4
Methanex's CEO is Rich Sumner, appointed in Jan 2023, has a tenure of 2.42 years. total yearly compensation is $5.56M, comprised of 13.5% salary and 86.5% bonuses, including company stock and options. directly owns 0.074% of the company’s shares, worth CA$2.26M. The average tenure of the management team and the board of directors is 2.4 years and 5.9 years respectively.
Key information
Rich Sumner
Chief executive officer
US$5.6m
Total compensation
| CEO salary percentage | 13.55% |
| CEO tenure | 2.4yrs |
| CEO ownership | 0.07% |
| Management average tenure | 2.4yrs |
| Board average tenure | 5.9yrs |
Recent management updates
Recent updates
Is There Now An Opportunity In Methanex Corporation (TSE:MX)?
Mar 26
Methanex Corporation (TSE:MX) Stock's 27% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Mar 11Investors Can Find Comfort In Methanex's (TSE:MX) Earnings Quality
Feb 07These 4 Measures Indicate That Methanex (TSE:MX) Is Using Debt Reasonably Well
Jan 24
Full Operation At G3 Plant Will Increase Production Capacity By 18 Million Tonnes Per Year
Successful G3 plant operations and new gas contracts in Chile enhance production capacity and stabilize revenues, benefiting future earnings.What Does Methanex Corporation's (TSE:MX) Share Price Indicate?
Dec 21Unpleasant Surprises Could Be In Store For Methanex Corporation's (TSE:MX) Shares
Jul 29Should You Investigate Methanex Corporation (TSE:MX) At CA$68.73?
Jul 12Methanex (TSE:MX) May Have Issues Allocating Its Capital
Jun 09Methanex (TSE:MX) Has A Somewhat Strained Balance Sheet
May 24Methanex (TSE:MX) Takes On Some Risk With Its Use Of Debt
Nov 15When Should You Buy Methanex Corporation (TSE:MX)?
Oct 19Here's What's Concerning About Methanex's (TSE:MX) Returns On Capital
Sep 01Methanex (TSE:MX) Takes On Some Risk With Its Use Of Debt
Aug 04When Should You Buy Methanex Corporation (TSE:MX)?
Jul 20Methanex (TSE:MX) Will Want To Turn Around Its Return Trends
May 31Methanex (TSE:MX) Has A Somewhat Strained Balance Sheet
Apr 24Methanex (TSE:MX) Has Some Way To Go To Become A Multi-Bagger
Feb 20Methanex Corporation (TSE:MX) Shares Could Be 35% Below Their Intrinsic Value Estimate
Feb 07Is Methanex (TSE:MX) Using Too Much Debt?
Jan 09CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2025 | n/a | n/a | US$223m |
| Dec 31 2024 | US$6m | US$753k | US$164m |
| Sep 30 2024 | n/a | n/a | US$152m |
| Jun 30 2024 | n/a | n/a | US$146m |
| Mar 31 2024 | n/a | n/a | US$167m |
| Dec 31 2023 | US$5m | US$777k | US$174m |
| Sep 30 2023 | n/a | n/a | US$182m |
| Jun 30 2023 | n/a | n/a | US$227m |
| Mar 31 2023 | n/a | n/a | US$295m |
| Dec 31 2022 | US$2m | US$367k | US$354m |
| Sep 30 2022 | n/a | n/a | US$513m |
| Jun 30 2022 | n/a | n/a | US$515m |
| Mar 31 2022 | n/a | n/a | US$496m |
| Dec 31 2021 | US$1m | US$334k | US$482m |
| Sep 30 2021 | n/a | n/a | US$255m |
| Jun 30 2021 | n/a | n/a | US$97m |
| Mar 31 2021 | n/a | n/a | -US$75m |
| Dec 31 2020 | US$1m | US$316k | -US$157m |
Compensation vs Market: Rich's total compensation ($USD5.56M) is above average for companies of similar size in the Canadian market ($USD2.45M).
Compensation vs Earnings: Rich's compensation has been consistent with company performance over the past year.
CEO
Rich Sumner (50 yo)
Mr. Richard W. Sumner, also known as Rich, serves as President, CEO & Director at Methanex Corporation since January 1, 2023. He served as Senior Vice President of Global Marketing & Logistics for Methanex...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.4yrs | US$5.56m | 0.074% CA$ 2.3m | |
| Senior VP of Finance & Chief Financial Officer | 2.3yrs | US$1.89m | 0.044% CA$ 1.3m | |
| Senior Vice President of Global Marketing & Logistics | 2.4yrs | US$2.03m | 0.016% CA$ 488.6k | |
| Senior Vice President of Corporate Resources | 7.4yrs | US$1.53m | 0.064% CA$ 2.0m | |
| Senior Vice President of Manufacturing | 2.4yrs | US$1.81m | 0.056% CA$ 1.7m | |
| Director of Investor Relations | no data | no data | no data | |
| Senior VP | no data | no data | 0.027% CA$ 811.5k | |
| Senior Vice President of Corporate Development | 2.4yrs | no data | 0.047% CA$ 1.4m | |
| Senior Vice President of Low Carbon Solutions | 2.4yrs | no data | 0.025% CA$ 754.3k | |
| Plant Manager | no data | no data | 0% CA$ 0 |
Experienced Management: MX's management team is considered experienced (2.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.4yrs | US$5.56m | 0.074% CA$ 2.3m | |
| Independent Director | 5.2yrs | US$209.16k | 0.020% CA$ 613.1k | |
| Independent Director | 9.3yrs | US$235.04k | 0.0089% CA$ 272.4k | |
| Independent Director | 6.7yrs | US$229.31k | 0.035% CA$ 1.1m | |
| Independent Director | 7yrs | US$218.90k | 0.039% CA$ 1.2m | |
| Independent Director | 6.2yrs | US$209.97k | 0.019% CA$ 582.5k | |
| Independent Chairman of the Board | 8.7yrs | US$381.79k | 0.0013% CA$ 41.0k | |
| Independent Director | 5.9yrs | US$210.01k | 0.0089% CA$ 272.4k | |
| Independent Director | 1.7yrs | US$193.05k | no data | |
| Independent Director | 1.2yrs | US$136.21k | no data | |
| Independent Director | 3.4yrs | US$196.06k | 0.0099% CA$ 304.3k |
Experienced Board: MX's board of directors are considered experienced (5.9 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/06/08 18:18 |
| End of Day Share Price | 2025/06/06 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| 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.
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 Github.
Analyst Sources
Methanex Corporation is covered by 18 analysts. 7 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 | Alembic Global Advisors |
| Michael Leithead | Barclays |
| Joel Jackson | BMO Capital Markets Equity Research |