Adient Management

Management criteria checks 3/4

Adient's CEO is Jerome Dorlack, appointed in Jan 2024, has a tenure of less than a year. total yearly compensation is $3.83M, comprised of 16.4% salary and 83.6% bonuses, including company stock and options. directly owns 0.15% of the company’s shares, worth €3.45M. The average tenure of the management team and the board of directors is 2.7 years and 6.3 years respectively.

Key information

Jerome Dorlack

Chief executive officer

US$3.8m

Total compensation

CEO salary percentage	16.4%
CEO tenure	less than a year
CEO ownership	0.2%
Management average tenure	2.7yrs
Board average tenure	6.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jerome Dorlack's remuneration changed compared to Adient's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$158m
Dec 31 2023	n/a	n/a	US$213m
Sep 30 2023	US$4m	US$628k	US$205m
Jun 30 2023	n/a	n/a	US$115m
Mar 31 2023	n/a	n/a	US$12m
Dec 31 2022	n/a	n/a	-US$54m
Sep 30 2022	US$3m	US$476k	-US$120m
Jun 30 2022	n/a	n/a	US$795m
Mar 31 2022	n/a	n/a	US$754m
Dec 31 2021	n/a	n/a	US$904m
Sep 30 2021	US$3m	US$420k	US$1b
Jun 30 2021	n/a	n/a	US$112m
Mar 31 2021	n/a	n/a	-US$142m
Dec 31 2020	n/a	n/a	-US$230m
Sep 30 2020	US$4m	US$480k	-US$547m
Jun 30 2020	n/a	n/a	-US$515m
Mar 31 2020	n/a	n/a	-US$511m
Dec 31 2019	n/a	n/a	-US$641m
Sep 30 2019	US$3m	US$523k	-US$491m

Compensation vs Market: Jerome's total compensation ($USD3.83M) is above average for companies of similar size in the German market ($USD2.59M).

Compensation vs Earnings: Jerome's compensation has been consistent with company performance over the past year.

CEO

Jerome Dorlack (42 yo)

less than a year

Tenure

US$3,826,371

Compensation

Mr. Jerome J. Dorlack has been President, Chief Executive Officer and Director of Adient plc since January 1, 2024. He served as Executive Vice President at Adient plc since 2019 until January 1, 2024 and...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Jerome Dorlack	President	less than a year	US$3.83m	0.15% $ 3.4m
Heather Tiltmann	Executive VP	3.9yrs	US$2.93m	0.027% $ 607.9k
Jian Huang	Executive Vice President of APAC	5.3yrs	US$2.62m	no data
Michel Berthelin	Executive Vice President of EMEA	5.3yrs	US$2.55m	0.066% $ 1.5m
Mark Oswald	Executive VP & CFO	less than a year	no data	0.037% $ 844.6k
Gregory Smith	Senior VP & Chief Accounting Officer	4.6yrs	no data	0.010% $ 233.7k
James Conklin	Executive Vice President - Americas	1.4yrs	no data	0.035% $ 798.4k
Stephanie Marianos	Vice President of Global Sustainability	1.3yrs	no data	no data

2.7yrs

Average Tenure

53.5yo

Average Age

Experienced Management: 18I's management team is considered experienced (2.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Jerome Dorlack	President	less than a year	US$3.83m	0.15% $ 3.4m
Richard Goodman	Independent Director	7.6yrs	US$310.00k	0.045% $ 1.0m
Barbara Samardzich	Independent Director	7.6yrs	US$310.00k	0.044% $ 1.0m
Frederick Henderson	Independent Chairman of the Board	7.6yrs	US$460.00k	0.083% $ 1.9m
Ricky Dillon	Independent Director	3yrs	US$290.00k	0.016% $ 367.1k
Peter Carlin	Independent Director	6.3yrs	US$290.00k	0.036% $ 816.0k
Jose Gutierrez	Independent Director	5.2yrs	US$305.00k	0.041% $ 927.8k
Julie Bushman	Independent Director	7.6yrs	US$290.00k	0.045% $ 1.0m
Jodi Eddy	Independent Director	less than a year	US$8.74k	0.0068% $ 156.0k

6.3yrs

Average Tenure

62yo

Average Age

Experienced Board: 18I's board of directors are considered experienced (6.3 years average tenure).

Adient Management

Management criteria checks 3/4

Key information

Recent management updates

Executive VP recently sold €314k worth of stock

Adient plc, Annual General Meeting, Mar 12, 2024

CFO & Executive VP recently sold €580k worth of stock

Adient plc Announces CEO Changes

Adient plc Appoints Jodi E. Eddy to the Board of Directors

Raymond L. Conner Not Stand for Re-Election to Board of Directors of Adient plc

Recent updates

Second quarter 2024 earnings released: US$0.78 loss per share (vs US$0.16 loss in 2Q 2023)

Executive VP recently sold €314k worth of stock

First quarter 2024 earnings released: EPS: US$0.21 (vs US$0.13 in 1Q 2023)

Adient plc, Annual General Meeting, Mar 12, 2024

CFO & Executive VP recently sold €580k worth of stock

Adient plc Announces CEO Changes

Adient plc Appoints Jodi E. Eddy to the Board of Directors

Third quarter 2023 earnings released: EPS: US$0.78 (vs US$0.32 loss in 3Q 2022)

Second quarter 2023 earnings released: US$0.16 loss per share (vs US$0.85 loss in 2Q 2022)

Now 25% undervalued after recent price drop

Now 21% undervalued after recent price drop

Now 23% undervalued

Now 21% undervalued

First quarter 2023 earnings released: EPS: US$0.13 (vs US$0.57 loss in 1Q 2022)

Raymond L. Conner Not Stand for Re-Election to Board of Directors of Adient plc

Executive Vice President of Americas recently sold €162k worth of stock

Insufficient new directors

Executive VP & CFO recently sold €1.1m worth of stock

Full year 2022 earnings released: US$1.27 loss per share (vs US$11.76 profit in FY 2021)

Adient Announces Executive Changes

Third quarter 2022 earnings released: US$0.32 loss per share (vs US$0.75 loss in 3Q 2021)

Investor sentiment deteriorated over the past week

Executive Vice President of Americas recently sold €226k worth of stock

Second quarter 2022 earnings released: US$0.85 loss per share (vs US$0.73 profit in 2Q 2021)

Insufficient new directors

Investor sentiment deteriorated over the past week

Insufficient new directors

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Adient plc Provides Earnings Guidance for the Year 2022

Executive Vice President of EMEA recently sold €119k worth of stock

Full year 2021 earnings released: EPS US$11.58 (vs US$5.83 loss in FY 2020)

Investor sentiment improved over the past week

Third quarter 2021 earnings released: US$0.75 loss per share (vs US$3.46 loss in 3Q 2020)

Senior VP recently sold €163k worth of stock

Adient plc Reaffirms Consolidated Earnings Guidance for the Year 2021

Second quarter 2021 earnings released: EPS US$0.72 (vs US$0.20 loss in 2Q 2020)

Adient plc Enters Definitive Agreements with Joint Venture Partner Yanfeng Automotive Trim Systems Ltd. to End Its Yanfeng Adient Seating Co., Ltd. Joint Venture in China

New 90-day high: €30.78

First quarter 2021 earnings released: EPS US$1.58 (vs US$1.78 loss in 1Q 2020)

Revenue beats expectations

Adient plc(NYSE:ADNT) dropped from Russell 1000 Dynamic Index

Adient plc, Annual General Meeting, Mar 09, 2021

New 90-day high: €27.80

Full year 2020 earnings released: US$5.83 loss per share

Revenue beats expectations

New 90-day high: €20.61

Adient plc to Report Q4, 2020 Results on Nov 30, 2020

New 90-day high: €18.34

New 90-day high: €16.14

Sage Automotive Interiors, Inc. completed the acquisition of Automotive fabrics manufacturing and lamination business from Adient plc (NYSE:ADNT).

Yanfeng Automotive Trim Systems Co., Ltd. completed the acquisition of the remaining 30% stake in Yanfeng Global Automotive Interior Systems Co., Ltd. (YFAI) from Adient plc (NYSE:ADNT).

New 90-day low - €12.84

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age