Methanex Management
Management criteria checks 2/4
Methanex's CEO is Rich Sumner, appointed in Jan 2023, has a tenure of 2.08 years. total yearly compensation is $5.30M, comprised of 14.7% salary and 85.3% bonuses, including company stock and options. directly owns 0.062% of the company’s shares, worth CA$3.06M. The average tenure of the management team and the board of directors is 2.1 years and 6.1 years respectively.
Key information
Rich Sumner
Chief executive officer
US$5.3m
Total compensation
| CEO salary percentage | 14.7% |
| CEO tenure | 2.1yrs |
| CEO ownership | 0.06% |
| Management average tenure | 2.1yrs |
| Board average tenure | 6.1yrs |
Recent management updates
Recent updates
Investors Can Find Comfort In Methanex's (TSE:MX) Earnings Quality
Feb 07
These 4 Measures Indicate That Methanex (TSE:MX) Is Using Debt Reasonably Well
Jan 24What 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 09We Ran A Stock Scan For Earnings Growth And Methanex (TSE:MX) Passed With Ease
Nov 25Investors Will Want Methanex's (TSE:MX) Growth In ROCE To Persist
Nov 12Here's Why Methanex (TSE:MX) Can Manage Its Debt Responsibly
Oct 07Do Methanex's (TSE:MX) Earnings Warrant Your Attention?
Aug 17CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2024 | n/a | n/a | 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$157m |
Compensation vs Market: Rich's total compensation ($USD5.30M) is above average for companies of similar size in the Canadian market ($USD3.33M).
Compensation vs Earnings: Rich's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Rich Sumner (49 yo)
2.1yrs
Tenure
US$5,295,634
Compensation
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 | 2.1yrs | US$5.30m | 0.062% CA$ 3.1m | |
| Senior VP of Finance & Chief Financial Officer | 2yrs | US$1.85m | 0.038% CA$ 1.9m | |
| Senior Vice President of Global Marketing & Logistics | 2.1yrs | US$1.74m | 0.0089% CA$ 436.0k | |
| Senior Vice President of Corporate Resources | 7.1yrs | US$1.51m | 0.061% CA$ 3.0m | |
| Senior Vice President of Manufacturing | 2.1yrs | US$1.80m | 0.049% CA$ 2.4m | |
| Director of Investor Relations | no data | no data | no data | |
| Senior VP | no data | no data | 0.024% CA$ 1.2m | |
| Senior Vice President of Corporate Development | 2.1yrs | no data | 0.025% CA$ 1.2m | |
| Senior Vice President of Low Carbon Solutions | 2.1yrs | no data | 0.022% CA$ 1.1m | |
| Plant Manager | no data | no data | 0.025% CA$ 1.2m |
2.1yrs
Average Tenure
Experienced Management: MX's management team is considered experienced (2.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.1yrs | US$5.30m | 0.062% CA$ 3.1m | |
| Independent Director | 4.8yrs | US$214.62k | 0.020% CA$ 983.6k | |
| Independent Director | 16.4yrs | US$229.16k | 0.040% CA$ 2.0m | |
| Independent Director | 9yrs | US$245.98k | 0.0089% CA$ 437.0k | |
| Independent Director | 6.3yrs | US$242.71k | 0.035% CA$ 1.7m | |
| Independent Director | 6.7yrs | US$222.07k | 0.039% CA$ 1.9m | |
| Independent Director | 5.8yrs | US$221.61k | 0.019% CA$ 934.5k | |
| Independent Chairman of the Board | 8.3yrs | US$376.55k | 0.0013% CA$ 65.8k | |
| Independent Director | 9.8yrs | US$217.46k | 0.014% CA$ 692.4k | |
| Independent Director | 5.6yrs | US$217.30k | 0.0089% CA$ 437.0k | |
| Director | 1.3yrs | US$50.94k | no data | |
| Independent Director | 3.1yrs | US$204.80k | 0.0055% CA$ 269.6k |
6.1yrs
Average Tenure
64yo
Average Age
Experienced Board: MX's board of directors are considered experienced (6.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/07 01:44 |
| End of Day Share Price | 2025/02/07 00:00 |
| Earnings | 2024/12/31 |
| 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 |
| |
| 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.
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 16 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 |