Standard Motor Products Management

Management criteria checks 4/4

Standard Motor Products' CEO is Eric Sills, appointed in Feb 2015, has a tenure of 9.67 years. total yearly compensation is $1.16M, comprised of 62.3% salary and 37.7% bonuses, including company stock and options. directly owns 2.8% of the company’s shares, worth €17.92M. The average tenure of the management team and the board of directors is 7.2 years and 8.1 years respectively.

Key information

Eric Sills

Chief executive officer

US$1.2m

Total compensation

CEO salary percentage	62.3%
CEO tenure	9.7yrs
CEO ownership	2.8%
Management average tenure	7.2yrs
Board average tenure	8.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Eric Sills's remuneration changed compared to Standard Motor Products's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	US$60m
Mar 31 2024	n/a	n/a	US$60m
Dec 31 2023	US$1m	US$720k	US$63m
Sep 30 2023	n/a	n/a	US$64m
Jun 30 2023	n/a	n/a	US$63m
Mar 31 2023	n/a	n/a	US$65m
Dec 31 2022	US$1m	US$688k	US$73m
Sep 30 2022	n/a	n/a	US$85m
Jun 30 2022	n/a	n/a	US$91m
Mar 31 2022	n/a	n/a	US$98m
Dec 31 2021	US$2m	US$668k	US$99m
Sep 30 2021	n/a	n/a	US$102m
Jun 30 2021	n/a	n/a	US$109m
Mar 31 2021	n/a	n/a	US$93m
Dec 31 2020	US$2m	US$647k	US$80m
Sep 30 2020	n/a	n/a	US$70m
Jun 30 2020	n/a	n/a	US$57m
Mar 31 2020	n/a	n/a	US$66m
Dec 31 2019	US$1m	US$619k	US$69m
Sep 30 2019	n/a	n/a	US$68m
Jun 30 2019	n/a	n/a	US$65m
Mar 31 2019	n/a	n/a	US$61m
Dec 31 2018	US$1m	US$600k	US$57m
Sep 30 2018	n/a	n/a	US$37m
Jun 30 2018	n/a	n/a	US$34m
Mar 31 2018	n/a	n/a	US$36m
Dec 31 2017	US$1m	US$580k	US$44m

Compensation vs Market: Eric's total compensation ($USD1.16M) is about average for companies of similar size in the German market ($USD1.42M).

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

CEO

Eric Sills (55 yo)

9.7yrs

Tenure

US$1,156,478

Compensation

Mr. Eric Philip Sills has been the President and Chief Executive Officer of Standard Motor Products, Inc. since February 2, 2015 and March 31, 2016 respectively and serves as its Chairman since May 18, 202...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Eric Sills	CEO, President & Chairman	9.7yrs	US$1.16m	2.8% $ 17.9m
Nathan Iles	Chief Financial Officer	5.1yrs	US$968.81k	0.11% $ 720.9k
James Burke	COO & Director	5.8yrs	US$1.13m	0.38% $ 2.5m
Carmine Broccole	Chief Legal Officer & Secretary	20.2yrs	US$848.16k	0.38% $ 2.4m
Dale Burks	Executive VP & Chief Commercial Officer	8.6yrs	US$997.39k	0.32% $ 2.0m
Esther Parker	Chief Accounting Officer	less than a year	no data	no data
Ray Nicholas	VP of Information Technology & Chief Information Officer	11.7yrs	no data	0.26% $ 1.6m
Anthony Cristello	Vice President of Investor Relations	2.9yrs	no data	no data
Kristine Frost	Chief Human Resources Officer	1.3yrs	no data	0.028% $ 181.7k
Erin Pawlish	Treasurer	8.9yrs	no data	no data

7.2yrs

Average Tenure

55yo

Average Age

Experienced Management: SRU's management team is seasoned and experienced (7.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Eric Sills	CEO, President & Chairman	8.6yrs	US$1.16m	2.8% $ 17.9m
James Burke	COO & Director	1.8yrs	US$1.13m	0.38% $ 2.5m
Pamela Lieberman	Independent Director	17.2yrs	US$222.60k	0.24% $ 1.5m
Lawrence Sills	Director Emeritus	1.4yrs	US$297.52k	3.1% $ 19.9m
William Turner	Director Emeritus	1.4yrs	US$211.26k	0.39% $ 2.5m
Arthur Sills	Director Emeritus	8.6yrs	US$28.04k	no data
Peter Sills	Director Emeritus	8.6yrs	US$28.04k	no data
Joseph McDonnell	Independent Director	12yrs	US$201.63k	0.15% $ 942.9k
Alisa Norris	Presiding Independent Director	12yrs	US$211.63k	0.12% $ 745.2k
Patrick McClymont	Independent Director	7.7yrs	US$201.63k	0.11% $ 689.7k
Alejandro Capparelli	Independent Director	2.5yrs	US$201.63k	0.049% $ 311.8k
Pamela Puryear	Independent Director	2.8yrs	US$201.63k	0.043% $ 275.6k

8.1yrs

Average Tenure

69.5yo

Average Age

Experienced Board: SRU's board of directors are considered experienced (8.1 years average tenure).

Standard Motor Products Management

Management criteria checks 4/4

Key information

Recent management updates

Standard Motor Products, Inc., Annual General Meeting, May 16, 2024

Insider recently sold €87k worth of stock

High number of new directors

Insider recently sold €128k worth of stock

Standard Motor Products, Inc. Announces Board Appointments

Standard Motor Products, Inc. Announces Director Changes, Effective in May of 2023

Recent updates

New major risk - Revenue and earnings growth

Second quarter dividend of US$0.29 announced

Standard Motor Products, Inc. Raises Earnings Guidance for the Year 2024

Standard Motor Products, Inc. to Report Q2, 2024 Results on Aug 01, 2024

Standard Motor Products, Inc. Introduces 335 New Numbers

Investor sentiment improves as stock rises 18%

Standard Motor Products, Inc. Adds 186 New Numbers in June Announcement

Standard Motor Products, Inc. Introduces 200 New Number

Standard Motor Products, Inc. Products Expands Cam and Crank Sensor Program

First quarter dividend of US$0.29 announced

First quarter 2024 earnings released: EPS: US$0.45 (vs US$0.59 in 1Q 2023)

Standard Motor Products, Inc. Approves Quarterly Dividend, Payable on June 3, 2024

Standard Motor Products, Inc. Introduces 268 New Numbers

Standard Motor Products, Inc., Annual General Meeting, May 16, 2024

New minor risk - Shareholder dilution

Standard Motor Products, Inc. Introduces New Line of Trailer Connectors and Accessories

Full year 2023 earnings released: EPS: US$2.91 (vs US$3.37 in FY 2022)

Standard Motor Products, Inc. Provides Earnings Guidance for the Full Year 2024

Standard Motor Products, Inc. to Report Q4, 2023 Results on Feb 22, 2024

Third quarter dividend of US$0.29 announced

Standard Motor Products, Inc. Approves Quarterly Dividend, Payable on March 1, 2024

Standard Motor Products, Inc. Announces 208 New Numbers

Standard Motor Products Expands Additional Categories

Upcoming dividend of US$0.29 per share at 3.2% yield

Standard Motor Products, Inc. Provides Earnings Guidance for the Full Year 2023

Third quarter 2023 earnings released: EPS: US$1.14 (vs US$1.08 in 3Q 2022)

Standard Motor Products, Inc. and Four Seasons(R) Continues to Expand Their Programs for Hybrid and Electric Vehicles

Standard Motor Products, Inc. to Report Q3, 2023 Results on Oct 27, 2023

Standard Motor Products, Inc. Releases 272 New Part Numbers

Upcoming dividend of US$0.29 per share at 3.0% yield

Second quarter 2023 earnings released: EPS: US$0.85 (vs US$0.96 in 2Q 2022)

Standard Motor Products, Inc. Provides Earnings Guidance for the Full Year 2023

Standard Motor Products, Inc. to Report Q2, 2023 Results on Aug 02, 2023

Standard Motor Products, Inc. Releases 156 New Part Numbers in June

Insider recently sold €87k worth of stock

High number of new directors

Standard Motor Products, Inc. Provides Sales Guidance for the Fiscal Year 2023

First quarter 2023 earnings released: EPS: US$0.59 (vs US$0.94 in 1Q 2022)

Insider recently sold €128k worth of stock

Full year 2022 earnings released: EPS: US$3.37 (vs US$4.49 in FY 2021)

Standard Motor Products, Inc. to Report Q4, 2022 Results on Feb 22, 2023

Upcoming dividend of US$0.29 per share at 2.6% yield

Standard Motor Products, Inc. Announces Increase in Quarterly Dividend, Payable on March 1, 2023

Standard Motor Products, Inc. Announces Board Appointments

Standard Motor Products, Inc. Announces Director Changes, Effective in May of 2023

Upcoming dividend of US$0.27 per share

Standard Motor Products, Inc. Expands Comprehensive Collision Repair Program Offering

Third quarter 2022 earnings released: EPS: US$1.08 (vs US$1.32 in 3Q 2021)

Standard Motor Products, Inc. Declares Quarterly Dividend, Payable on November 15, 2022

Standard Motor Products, Inc. to Report Q3, 2022 Results on Oct 28, 2022

Standard Motor Products Continues Growth of Ignition Coil Program Through New Products Release

Standard Motor Products, Inc. Introduces over 300 New Part Numbers

Standard Motor Products, Inc. (NYSE:SMP) announces an Equity Buyback for $30 million worth of its shares.

Second quarter 2022 earnings released: EPS: US$0.96 (vs US$1.26 in 2Q 2021)

Standard Motor Products, Inc. Provides Earnings Guidance for the Full Year 2022

Standard Motor Products, Inc. to Report Q2, 2022 Results on Aug 03, 2022

Standard Motor Products Releases 832 New Part Numbers in First Half of 2022

Standard Motor Products, Inc. Products Expands GDI Program Offering

Standard Motor Products, Inc. Announces the Passing of Director John Gethin

Standard Motor Products Introduces New Blue Streak Products

Standard Motor Products, Inc. Introduces 146 New Part Numbers

Chairman of the Board recently bought €371k worth of stock

First quarter 2022 earnings released: EPS: US$0.94 (vs US$0.99 in 1Q 2021)

Standard Motor Products, Inc. Announces Quarterly Dividend, Payable on June 1, 2022

Standard Motor Products, Inc. to Report Q1, 2022 Results on May 03, 2022

High number of new directors

Standard Motor Products, Inc., Annual General Meeting, May 19, 2022

High number of new directors

Standard Motor Products, Inc. Announces Appointment of Alejandro Cesar Capparelli as New Director