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 €2.15M. 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

CEO Compensation Analysis

How has Pat D'Eramo's remuneration changed compared to Martinrea International's earnings?
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 ($USD2.98M) is above average for companies of similar size in the German market ($USD1.29M).

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
Robert Wildeboer	Executive Chairman of the Board	27.6yrs	CA$3.94m	0.73% CA$ 4.4m
Frank D'Eramo	CEO & Director	9.4yrs	CA$4.07m	0.36% CA$ 2.2m
Fred Di Tosto	President & CFO	13.1yrs	CA$1.56m	0.11% CA$ 665.2k
Armando Pagliari	Executive Vice President of Human Resources	no data	CA$1.24m	0.097% CA$ 584.1k
Larry Paine	Executive Vice-President of Metallics Business Unit	no data	CA$1.45m	no data
Ganesh Iyer	Chief Technology Officer	no data	no data	0.036% CA$ 217.8k
Neil Forster	Director of Investor Relations & Corporate Development	4.3yrs	no data	no data
Kerri Pope	General Counsel & Corporate Secretary	no data	no data	0.046% CA$ 278.6k
Deanna Lorincz	Global Director of Communications & Marketing	no data	no data	no data
Bruce Johnson	Executive Vice President of Martinrea Innovation Developments Inc.	3.3yrs	CA$1.23m	0.084% CA$ 502.0k
Megan Hunter	Executive Vice President of Procurement & Supply Chain Operations	no data	no data	0.050% CA$ 299.8k
Hany Morsy	Chief Internal Auditor	no data	no data	0.058% CA$ 351.1k

6.8yrs

Average Tenure

60yo

Average Age

Experienced Management: 03M's management team is seasoned and experienced (6.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Robert Wildeboer	Executive Chairman of the Board	27.6yrs	CA$3.94m	0.73% CA$ 4.4m
Frank D'Eramo	CEO & Director	8.8yrs	CA$4.07m	0.36% CA$ 2.2m
Terrence Lyons	Independent Director	10.2yrs	CA$229.00k	0.048% CA$ 290.1k
Molly Shoichet	Independent Director	4.8yrs	CA$214.00k	no data
Fred Olson	Lead Independent Director	21.8yrs	CA$322.00k	0.031% CA$ 185.3k
Edward Waitzer	Independent Director	3.1yrs	CA$214.00k	0.046% CA$ 273.7k
David Schoch	Independent Director	5.7yrs	CA$229.00k	0.056% CA$ 337.0k
Sandra Pupatello	Independent Director	9.8yrs	CA$229.00k	0.031% CA$ 187.6k
Maureen Midgley	Independent Director	1.3yrs	no data	no data

8.8yrs

Average Tenure

65.5yo

Average Age

Experienced Board: 03M's board of directors are considered experienced (8.8 years average tenure).

Martinrea International Management

Management criteria checks 2/4

Key information

Recent management updates

Martinrea International Inc., Annual General Meeting, Jun 12, 2024

Insufficient new directors

CEO & Director recently bought €180k worth of stock

Martinrea International Inc. Appoints Fred Di Tosto as President

Insider recently bought €69k worth of stock

Chief Financial Officer recently bought €68k worth of stock

Recent updates

Martinrea International Inc., Annual General Meeting, Jun 12, 2024

Insufficient new directors

Upcoming dividend of CA$0.05 per share

CEO & Director recently bought €180k worth of stock

Fourth quarter dividend of CA$0.05 announced

Investor sentiment deteriorates as stock falls 17%

Martinrea International Inc. Provides Earnings Guidance for 2024

Full year 2023 earnings released: EPS: CA$1.93 (vs CA$1.65 in FY 2022)

Martinrea International Inc. to Report Q4, 2023 Results on Feb 29, 2024

Martinrea International Inc. Appoints Fred Di Tosto as President

Upcoming dividend of CA$0.05 per share at 1.5% yield

Third quarter 2023 earnings released: EPS: CA$0.68 (vs CA$0.45 in 3Q 2022)

New major risk - Revenue and earnings growth

Martinrea International Inc. Declares Quarterly Cash Dividend, Payable on or About January 15, 2024

Martinrea International Inc. to Report Q3, 2023 Results on Nov 08, 2023

Upcoming dividend of CA$0.05 per share at 1.6% yield

Martinrea International Inc. Confirms Earnings Guidance for the Year 2023

Second quarter 2023 earnings released: EPS: CA$0.62 (vs CA$0.32 in 2Q 2022)

Martinrea International Inc. to Report Q2, 2023 Results on Aug 09, 2023

Upcoming dividend of CA$0.05 per share at 1.5% yield

Insider recently bought €69k worth of stock

Chief Financial Officer recently bought €68k worth of stock

First quarter 2023 earnings released: EPS: CA$0.60 (vs CA$0.31 in 1Q 2022)

Martinrea International Inc. Provides Earnings Guidance for the Year 2023

Insider recently bought €92k worth of stock

Upcoming dividend of CA$0.05 per share at 1.5% yield

President recently bought €141k worth of stock

Full year 2022 earnings released: EPS: CA$1.65 (vs CA$0.45 in FY 2021)

Investor sentiment deteriorated over the past week

Upcoming dividend of CA$0.05 per share

Executive Chairman of the Board recently bought €70k worth of stock

Martinrea International Inc. Announces Appointment of Maureen Midgley as Director, Effective January 1, 2023

Insufficient new directors

Investor sentiment improved over the past week

Third quarter 2022 earnings released: EPS: CA$0.45 (vs CA$0.21 loss in 3Q 2021)

Martinrea International Inc. Provides Earnings Guidance for 2023

Martinrea International Inc. to Report Q3, 2022 Results on Nov 01, 2022

Upcoming dividend of CA$0.05 per share

Investor sentiment improved over the past week

Martinrea International Inc. Provides Earning Guidance for the Third Quarter of 2022

Martinrea International Inc. Reaffirms Production Sales Guidance for the Year 2023

Second quarter 2022 earnings released: EPS: CA$0.32 (vs CA$0.30 in 2Q 2021)

Martinrea International Inc. to Report Q2, 2022 Results on Aug 08, 2022

Insufficient new directors

Insufficient new directors

Upcoming dividend of CA$0.05 per share

First quarter 2022 earnings released: EPS: CA$0.31 (vs CA$0.48 in 1Q 2021)

Martinrea International Inc. Declares Cash Dividend, Payable on June 30, 2022

Martinrea International Inc., Annual General Meeting, Jun 07, 2022

Upcoming dividend of CA$0.05 per share

Insider recently bought €63k worth of stock

Martinrea International Inc. Declares Dividend, Payable on or About April 15, 2022

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Martinrea International Inc. to Report Q4, 2021 Results on Mar 03, 2022

Investor sentiment deteriorated over the past week

Insider recently bought €70k worth of stock

Insider recently bought €90k worth of stock

Upcoming dividend of CA$0.05 per share

Independent Director recently bought €76k worth of stock

Third quarter 2021 earnings released

Upcoming dividend of CA$0.05 per share

Second quarter 2021 earnings released: EPS CA$0.30 (vs CA$1.84 loss in 2Q 2020)

Upcoming dividend of CA$0.05 per share

First quarter 2021 earnings released: EPS CA$0.48 (vs CA$0.36 in 1Q 2020)

Martinrea International Inc. Provides Financial Guidance for Second-Quarter 2021

Upcoming Dividend of CA$0.05 Per Share

Executive Chairman of the Board recently bought €107k worth of stock

Martinrea International Inc. Appoints Ed Waitzer as New Director

Revenue beats expectations