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Snap-on Management
Management criteria checks 2/4
Snap-on's CEO is Nicholas Pinchuk, appointed in Apr 2007, has a tenure of 15.58 years. total yearly compensation is $9.87M, comprised of 11.6% salary and 88.4% bonuses, including company stock and options. directly owns 1.21% of the company’s shares, worth €145.84M. The average tenure of the management team and the board of directors is 5.4 years and 13.1 years respectively.
Key information
Nicholas Pinchuk
Chief executive officer
US$9.9m
Total compensation
| CEO salary percentage | 11.57% |
| CEO tenure | 15.6yrs |
| CEO ownership | 1.2% |
| Management average tenure | 5.4yrs |
| Board average tenure | 13.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Oct 01 2022 | n/a | n/a | US$897m |
| Jul 02 2022 | n/a | n/a | US$869m |
| Apr 02 2022 | n/a | n/a | US$845m |
| Jan 01 2022 | US$10m | US$1m | US$821m |
| Oct 02 2021 | n/a | n/a | US$806m |
| Jul 03 2021 | n/a | n/a | US$789m |
| Apr 03 2021 | n/a | n/a | US$682m |
| Jan 02 2021 | US$8m | US$1m | US$627m |
| Sep 26 2020 | n/a | n/a | US$589m |
| Jun 27 2020 | n/a | n/a | US$574m |
| Mar 28 2020 | n/a | n/a | US$653m |
| Dec 28 2019 | US$8m | US$1m | US$694m |
| Sep 28 2019 | n/a | n/a | US$698m |
| Jun 29 2019 | n/a | n/a | US$697m |
| Mar 30 2019 | n/a | n/a | US$695m |
| Dec 29 2018 | US$9m | US$1m | US$680m |
| Sep 29 2018 | n/a | n/a | US$634m |
| Jun 30 2018 | n/a | n/a | US$605m |
| Mar 31 2018 | n/a | n/a | US$579m |
| Dec 30 2017 | US$10m | US$1m | US$558m |
| Sep 30 2017 | n/a | n/a | US$575m |
| Jul 01 2017 | n/a | n/a | US$573m |
| Apr 01 2017 | n/a | n/a | US$560m |
| Dec 31 2016 | US$10m | US$1m | US$546m |
| Oct 01 2016 | n/a | n/a | US$532m |
| Jul 02 2016 | n/a | n/a | US$517m |
| Apr 02 2016 | n/a | n/a | US$497m |
| Jan 02 2016 | US$11m | US$1m | US$479m |
Compensation vs Market: Nicholas's total compensation ($USD9.87M) is above average for companies of similar size in the German market ($USD4.53M).
Compensation vs Earnings: Nicholas's compensation has increased by more than 20% in the past year.
CEO
Nicholas Pinchuk (75 yo)
Mr. Nicholas T. Pinchuk has been the Chief Executive Officer at Snap-on Incorporated since December 2007 and serves as its President since April 2007. Mr. Pinchuk served as the President of Worldwide Comme...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 15.6yrs | US$9.87m | 1.21% € 145.8m | |
| Senior VP of Finance & CFO | 12.7yrs | US$3.15m | 0.14% € 16.6m | |
| Senior VP of Human Resources & Chief Development Officer | 7.3yrs | US$2.63m | 0.022% € 2.7m | |
| Senior VP and President of Repair Systems & Information Group | 17.8yrs | US$3.12m | 0.088% € 10.7m | |
| Senior VP & President of Snap-on Tools Group | 3.8yrs | US$2.34m | 0.026% € 3.2m | |
| Vice President of Operations | less than a year | no data | no data | |
| VP & Chief Information Officer | 5.4yrs | no data | 0.0027% € 320.4k | |
| Vice President of Investor Relations | 4yrs | no data | no data | |
| VP, General Counsel & Secretary | 4.8yrs | no data | no data | |
| Chief Marketing Officer & VP | 6.7yrs | no data | no data | |
| President of RS&I Strategy | less than a year | no data | no data | |
| President of Equipment | no data | no data | no data |
Experienced Management: SPU's management team is seasoned and experienced (5.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 15.6yrs | US$9.87m | 1.21% € 145.8m | |
| Independent Lead Director | 15.3yrs | US$349.91k | 0.049% € 6.0m | |
| Independent Director | 7.8yrs | US$261.09k | 0.015% € 1.8m | |
| Independent Director | 8.3yrs | US$261.09k | 0.020% € 2.4m | |
| Independent Director | 11.2yrs | US$270.21k | 0.020% € 2.4m | |
| Independent Director | 14.3yrs | US$327.51k | 0.010% € 1.2m | |
| Independent Director | 11.9yrs | US$286.36k | 0.018% € 2.1m | |
| Independent Director | 16.9yrs | US$331.96k | 0.018% € 2.1m | |
| Independent Director | 19.5yrs | US$331.96k | 0.020% € 2.4m | |
| Independent Director | 6.4yrs | US$261.09k | 0.011% € 1.3m |
Experienced Board: SPU's board of directors are seasoned and experienced ( 13.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/11/16 18:13 |
| End of Day Share Price | 2022/08/19 00:00 |
| Earnings | 2022/10/01 |
| Annual Earnings | 2022/01/01 |
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
Snap-on Incorporated is covered by 13 analysts. 9 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 |
| Gary Prestopino | Barrington Research Associates, Inc. |
| Sherif El-Sabbahy | BofA Global Research |