Gentex Management
Management criteria checks 2/4
Gentex's CEO is Steve Downing, appointed in Aug 2017, has a tenure of 8.75 years. total yearly compensation is $5.95M, comprised of 14.3% salary and 85.7% bonuses, including company stock and options. directly owns 0.12% of the company’s shares, worth €5.28M. The average tenure of the management team and the board of directors is 9 years and 5.5 years respectively.
Key information
Steve Downing
Chief executive officer
US$5.9m
Total compensation
| CEO salary percentage | 14.30% |
| CEO tenure | 8.8yrs |
| CEO ownership | 0.1% |
| Management average tenure | 9yrs |
| Board average tenure | 5.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2026 | n/a | n/a | US$382m |
| Dec 31 2025 | US$6m | US$850k | US$379m |
| Sep 30 2025 | n/a | n/a | US$374m |
| Jun 30 2025 | n/a | n/a | US$396m |
| Mar 31 2025 | n/a | n/a | US$386m |
| Dec 31 2024 | US$5m | US$850k | US$399m |
| Sep 30 2024 | n/a | n/a | US$428m |
| Jun 30 2024 | n/a | n/a | US$410m |
| Mar 31 2024 | n/a | n/a | US$433m |
| Dec 31 2023 | US$7m | US$843k | US$422m |
| Sep 30 2023 | n/a | n/a | US$392m |
| Jun 30 2023 | n/a | n/a | US$360m |
| Mar 31 2023 | n/a | n/a | US$324m |
| Dec 31 2022 | US$5m | US$793k | US$314m |
| Sep 30 2022 | n/a | n/a | US$312m |
| Jun 30 2022 | n/a | n/a | US$316m |
| Mar 31 2022 | n/a | n/a | US$330m |
| Dec 31 2021 | US$4m | US$750k | US$355m |
| Sep 30 2021 | n/a | n/a | US$414m |
| Jun 30 2021 | n/a | n/a | US$454m |
| Mar 31 2021 | n/a | n/a | US$366m |
| Dec 31 2020 | US$4m | US$764k | US$343m |
| Sep 30 2020 | n/a | n/a | US$300m |
| Jun 30 2020 | n/a | n/a | US$295m |
| Mar 31 2020 | n/a | n/a | US$405m |
| Dec 31 2019 | US$3m | US$734k | US$420m |
Compensation vs Market: Steve's total compensation ($USD5.95M) is above average for companies of similar size in the German market ($USD2.64M).
Compensation vs Earnings: Steve's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Steve Downing (47 yo)
Mr. Steven R. Downing, also known as Steve, has been the Chief Executive Officer at Gentex Corporation since January 01, 2018 and has been its President since August 2017. He served as Independent Director...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 8.8yrs | US$5.95m | 0.12% € 5.3m | |
| VP of Finance | 12.9yrs | US$2.34m | 0.034% € 1.5m | |
| COO & CTO | 8.3yrs | US$2.46m | 0.035% € 1.5m | |
| VP, General Counsel | 10.9yrs | US$1.81m | 0.026% € 1.1m | |
| Senior VP of Sales & Chief Sales Officer | 9.3yrs | US$1.97m | 0.022% € 976.4k | |
| Vice President of Investor Relations | no data | no data | no data | |
| Vice President of Marketing & Corporate Communications | no data | no data | no data | |
| Vice President of Human Resources | no data | no data | no data | |
| VP of Accounting & Corporate Controller | less than a year | no data | no data |
Experienced Management: GTX's management team is seasoned and experienced (9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 6yrs | US$5.95m | 0.12% € 5.3m | |
| Independent Director | 7.5yrs | US$246.97k | 0.014% € 617.9k | |
| Independent Director | 4yrs | US$231.97k | 0% € 0 | |
| Independent Director | 3yrs | US$259.47k | 0.0094% € 415.0k | |
| Independent Director | no data | no data | 0.0026% € 116.4k | |
| Independent Chairman | 15.3yrs | US$365.67k | 0.041% € 1.8m | |
| Independent Director | 7.6yrs | US$234.47k | 0.017% € 761.6k | |
| Independent Director | 10.3yrs | US$241.97k | 0.020% € 869.7k | |
| Independent Director | 5yrs | US$231.97k | 0.017% € 737.4k | |
| Independent Director | 2yrs | US$226.97k | 0.0072% € 317.5k |
Experienced Board: GTX's board of directors are considered experienced (5.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/31 12:21 |
| End of Day Share Price | 2026/05/29 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
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
Gentex Corporation is covered by 22 analysts. 8 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 |
|---|---|
| Luke Junk | Baird |
| Alexander Paris | Barrington Research Associates, Inc. |
| Richard Carlson | BMO Capital Markets Equity Research |