Modine Manufacturing Management
Management criteria checks 2/4
Modine Manufacturing's CEO is Neil Brinker, appointed in Dec 2020, has a tenure of 4.08 years. total yearly compensation is $8.51M, comprised of 11.9% salary and 88.1% bonuses, including company stock and options. directly owns 0.39% of the company’s shares, worth €25.96M. The average tenure of the management team and the board of directors is 5 years and 5 years respectively.
Key information
Neil Brinker
Chief executive officer
US$8.5m
Total compensation
| CEO salary percentage | 11.9% |
| CEO tenure | 4.1yrs |
| CEO ownership | 0.4% |
| Management average tenure | 5yrs |
| Board average tenure | 5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$164m |
| Jun 30 2024 | n/a | n/a | US$164m |
| Mar 31 2024 | US$9m | US$1m | US$162m |
| Dec 31 2023 | n/a | n/a | US$226m |
| Sep 30 2023 | n/a | n/a | US$206m |
| Jun 30 2023 | n/a | n/a | US$184m |
| Mar 31 2023 | US$5m | US$883k | US$153m |
| Dec 31 2022 | n/a | n/a | US$72m |
| Sep 30 2022 | n/a | n/a | US$121m |
| Jun 30 2022 | n/a | n/a | US$97m |
| Mar 31 2022 | US$2m | US$826k | US$85m |
| Dec 31 2021 | n/a | n/a | US$62m |
| Sep 30 2021 | n/a | n/a | -US$208m |
| Jun 30 2021 | n/a | n/a | -US$200m |
| Mar 31 2021 | US$3m | US$258k | -US$211m |
Compensation vs Market: Neil's total compensation ($USD8.51M) is above average for companies of similar size in the German market ($USD3.20M).
Compensation vs Earnings: Neil's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Neil Brinker (48 yo)
4.1yrs
Tenure
US$8,505,827
Compensation
Mr. Neil D. Brinker is President, Chief Executive Officer and Director of Modine Manufacturing Company since December 01, 2020. He served as Chief Operating Officer of Advanced Energy Industries, Inc. sinc...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.1yrs | US$8.51m | 0.39% € 26.0m | |
| Executive VP & CFO | 13.3yrs | US$3.38m | 0.27% € 17.5m | |
| VP & Chief of Human Resources | 12.3yrs | US$1.64m | 0.16% € 10.5m | |
| President of Climate Solutions | 2.8yrs | US$2.22m | 0.047% € 3.1m | |
| President of Performance Technologies | 2.8yrs | US$2.03m | 0.039% € 2.6m | |
| Chief Information Officer | less than a year | no data | no data | |
| VP of Investor Relations & Tax and Treasurer | 13.3yrs | no data | no data | |
| VP, General Counsel | 1.2yrs | no data | no data | |
| VP & Corporate Controller | 12.3yrs | no data | no data | |
| Adviser | no data | US$1.70m | no data |
5.0yrs
Average Tenure
55yo
Average Age
Experienced Management: MMF's management team is seasoned and experienced (5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.1yrs | US$8.51m | 0.39% € 26.0m | |
| Independent Chairman & Lead Director | 26yrs | US$357.47k | 0.26% € 17.3m | |
| Independent Director | 2.3yrs | US$237.49k | no data | |
| Independent Director | 14.7yrs | US$251.87k | 0.049% € 3.2m | |
| Independent Director | 2.7yrs | US$237.49k | 0.0051% € 338.0k | |
| Independent Director | 3yrs | US$256.24k | 0.020% € 1.3m | |
| Independent Director | 13.5yrs | US$246.12k | 0.17% € 11.4m | |
| Independent Director | 5.9yrs | US$237.49k | 0.098% € 6.5m | |
| Independent Director | 10.7yrs | US$248.99k | 0.14% € 9.2m | |
| Director | less than a year | no data | no data |
5.0yrs
Average Tenure
59yo
Average Age
Experienced Board: MMF's board of directors are considered experienced (5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/27 00:19 |
| End of Day Share Price | 2025/01/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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 |
| |
| Management | 10 years |
| |
| 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 here.
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 .
Analyst Sources
Modine Manufacturing Company is covered by 14 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 |
|---|---|
| David Leiker | Baird |
| Ishan Majumdar | Baptista Research |
| Walter Liptak | Barrington Research Associates, Inc. |