Reliance Worldwide Management

Management criteria checks 4/4

Reliance Worldwide's CEO is Heath Sharp, appointed in Jun 2015, has a tenure of 8.92 years. total yearly compensation is $2.54M, comprised of 46.3% salary and 53.7% bonuses, including company stock and options. directly owns 0.22% of the company’s shares, worth €5.41M. The average tenure of the management team and the board of directors is 4.6 years and 5.4 years respectively.

Key information

Heath Sharp

Chief executive officer

US$2.5m

Total compensation

CEO salary percentage	46.3%
CEO tenure	8.9yrs
CEO ownership	0.2%
Management average tenure	4.6yrs
Board average tenure	5.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Heath Sharp's remuneration changed compared to Reliance Worldwide's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	US$124m
Sep 30 2023	n/a	n/a	US$132m
Jun 30 2023	US$3m	US$1m	US$140m
Mar 31 2023	n/a	n/a	US$140m
Dec 31 2022	n/a	n/a	US$140m
Sep 30 2022	n/a	n/a	US$139m
Jun 30 2022	US$3m	US$1m	US$137m
Mar 31 2022	n/a	n/a	US$138m
Dec 31 2021	n/a	n/a	US$139m
Sep 30 2021	n/a	n/a	US$140m
Jun 30 2021	US$4m	US$1m	US$141m
Mar 31 2021	n/a	n/a	US$118m
Dec 31 2020	n/a	n/a	US$96m
Sep 30 2020	n/a	n/a	US$79m
Jun 30 2020	US$2m	US$1m	US$62m
Mar 31 2020	n/a	n/a	US$64m
Dec 31 2019	n/a	n/a	US$82m
Sep 30 2019	n/a	n/a	US$85m
Jun 30 2019	US$2m	US$1m	US$93m
Mar 31 2019	n/a	n/a	US$79m
Dec 31 2018	n/a	n/a	US$64m
Sep 30 2018	n/a	n/a	US$56m
Jun 30 2018	US$2m	US$1m	US$49m
Mar 31 2018	n/a	n/a	US$53m
Dec 31 2017	n/a	n/a	US$56m
Sep 30 2017	n/a	n/a	US$54m
Jun 30 2017	US$3m	US$1m	US$50m

Compensation vs Market: Heath's total compensation ($USD2.54M) is about average for companies of similar size in the German market ($USD2.59M).

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

CEO

Heath Sharp

8.9yrs

Tenure

US$2,535,705

Compensation

Mr. Heath Sharp serves as Group Managing Director of Reliance Worldwide Corporation Limited and serves as its Chief Executive Officer since 2022 and had served as its Group Chief Executive Officer since Ju...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Heath Sharp	CEO, MD & Director	8.9yrs	US$2.54m	0.22% $ 5.4m
Andrew Johnson	Group Chief Financial Officer	4.2yrs	US$1.25m	0.022% $ 526.9k
Simon Woods	Group Senior VP of Information Services & Chief Company Officer for IT	8.3yrs	no data	no data
Philip King	Group Investor Relations Director	5yrs	no data	no data
Sandra Hall-Mulrain	Group Senior VP & General Counsel	4.6yrs	no data	no data
Gillian Chandrasena	Chief People Officer	1.9yrs	no data	no data
Dixon Thuston	Chief Executive Officer of EMEA	less than a year	no data	no data
Nicole Sumich	Chief Company Officer for APAC	1.8yrs	no data	no data
William Kilpatrick	Executive VP & President of Americas Region	1.7yrs	no data	no data
David Succurro	Chief Executive Officer of Canada	14.3yrs	no data	no data
David Neufeld	Company Secretary	8.1yrs	no data	no data

4.6yrs

Average Tenure

Experienced Management: 0EU's management team is considered experienced (4.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Heath Sharp	CEO, MD & Director	8.3yrs	US$2.54m	0.22% $ 5.4m
Ian Rowden	Independent Non-Executive Director	3.8yrs	US$120.06k	0.0064% $ 153.9k
William Crosby	Independent Non-Executive Chairman	8.1yrs	US$253.45k	0.026% $ 620.7k
Russell Chenu	Independent Non-Executive Director	8.1yrs	US$140.07k	0.024% $ 569.8k
Christine Bartlett	Independent Non-Executive Director	4.5yrs	US$140.07k	0.0064% $ 153.9k
Brad Soller	Independent Non-Executive Director	1.5yrs	US$80.04k	0.0032% $ 77.0k
Darlene Knight	Independent Non-Executive Director	3.1yrs	US$140.07k	0.0064% $ 153.9k
Sharon McCrohan	Independent Non-Executive Director	6.3yrs	US$140.07k	0.0066% $ 159.9k

5.4yrs

Average Tenure

64.5yo

Average Age

Experienced Board: 0EU's board of directors are considered experienced (5.4 years average tenure).

Reliance Worldwide Management

Management criteria checks 4/4

Key information

Recent management updates

Insufficient new directors

Reliance Worldwide Corporation Limited Announces Management Changes

Reliance Worldwide Corporation Limited Announces Will Kilpatrick as Americas Region EVP and President

Reliance Worldwide Corporation Limited, Annual General Meeting, Oct 26, 2023

Independent Director recently bought €53k worth of stock

Independent Non-Executive Chairman recently bought €64k worth of stock

Recent updates

Insufficient new directors

Upcoming dividend of AU$0.035 per share

Investor sentiment improves as stock rises 15%

First half 2024 earnings released: EPS: US$0.065 (vs US$0.085 in 1H 2023)

Reliance Worldwide Corporation Limited Announces Dividend , Payable on April, 5 2024

Reliance Worldwide Corporation Limited (ASX:RWC) announces an Equity Buyback for $17.8 million worth of its shares.

Reliance Worldwide Corporation Limited Announces Management Changes

Reliance Worldwide Corporation Limited to Report Fiscal Year 2024 Results on Aug 19, 2024

Upcoming dividend of AU$0.077 per share at 3.5% yield

Full year 2023 earnings released: EPS: US$0.18 (vs US$0.17 in FY 2022)

Reliance Worldwide Corporation Limited Announces Ordinary Fully Paid Dividend for the Six Months Ended June 30, 2023, Payment Date of October 6 2023

Upcoming dividend of AU$0.065 per share at 5.6% yield

First half 2023 earnings released: EPS: US$0.085 (vs US$0.081 in 1H 2022)

Reliance Worldwide Corporation Limited Announces Will Kilpatrick as Americas Region EVP and President

Reliance Worldwide Corporation Limited, Annual General Meeting, Oct 26, 2023

Reliance Worldwide Corporation Limited to Report Fiscal Year 2023 Results on Aug 21, 2023

Independent Director recently bought €53k worth of stock

Independent Non-Executive Chairman recently bought €64k worth of stock

Reliance Worldwide Corporation Limited Appoints Brad Soller as Director, Effective 1 November 2022

Reliance Worldwide Corporation Limited Announces Executive Changes

Upcoming dividend of AU$0.071 per share

Full year 2022 earnings released: EPS: US$0.17 (vs US$0.18 in FY 2021)

Reliance Worldwide Corporation Limited Declares Final Dividend for the Year Ended June 30, 2022, Payable on October 07, 2022

Reliance Worldwide Corporation Limited, Annual General Meeting, Oct 27, 2022

Independent Non-Executive Director recently bought €76k worth of stock

RWC Announces Senior Management Appointments

Reliance Worldwide Corporation Limited announced that it has received $250 million in funding

Upcoming dividend of AU$0.063 per share

First half 2022 earnings: EPS in line with analyst expectations despite revenue beat

Reliance Worldwide Corporation Limited Declares Ordinary Dividend for the Six Months Ended December 31, 2021, Payable on April 8, 2022

Reliance Worldwide Corporation Limited Will Not Provide Earnings Guidance for the Full Year 2022

Full year 2021 earnings released: EPS AU$0.24 (vs AU$0.11 in FY 2020)

Reliance Worldwide Corporation Limited (ASX:RWC) entered into an agreement to acquire Assets of LCL Pty Ltd for AUD 37 million.

Independent Non-Executive Director has left the company

First half 2021 earnings released: EPS AU$0.12 (vs AU$0.064 in 1H 2020)

Revenue beats expectations

Reliance Worldwide Corporation Joins Forces with Home Builders Institute for Partnership to Address Skilled Labor Gap

New 90-day high: €2.88

Reliance Worldwide Corporation Launches Series of Products to Solve Job Site Challenges

Reliance Worldwide Corporation Limited to Report First Half, 2021 Results on Feb 22, 2021

New 90-day low: €2.38

Reliance Worldwide Corporation Limited Will Not Provide Earnings Guidance for the Full Year 2021

Earnings released

New 90-day high - €2.00

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age