Resideo Technologies Management

Management criteria checks 2/4

Resideo Technologies' CEO is Jay Geldmacher, appointed in May 2020, has a tenure of 3.92 years. total yearly compensation is $15.21M, comprised of 7% salary and 93% bonuses, including company stock and options. directly owns 0.2% of the company’s shares, worth €5.35M. The average tenure of the management team and the board of directors is 3.2 years and 6.3 years respectively.

Key information

Jay Geldmacher

Chief executive officer

US$15.2m

Total compensation

CEO salary percentage	7.0%
CEO tenure	3.9yrs
CEO ownership	0.2%
Management average tenure	3.2yrs
Board average tenure	6.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jay Geldmacher's remuneration changed compared to Resideo Technologies's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$15m	US$1m	US$210m
Sep 30 2023	n/a	n/a	US$167m
Jul 01 2023	n/a	n/a	US$209m
Apr 01 2023	n/a	n/a	US$253m
Dec 31 2022	US$13m	US$1m	US$283m
Oct 01 2022	n/a	n/a	US$311m
Jul 02 2022	n/a	n/a	US$316m
Apr 02 2022	n/a	n/a	US$280m
Dec 31 2021	US$14m	US$974k	US$242m
Oct 02 2021	n/a	n/a	US$234m
Jul 03 2021	n/a	n/a	US$241m
Apr 03 2021	n/a	n/a	US$107m
Dec 31 2020	US$5m	US$526k	US$37m

Compensation vs Market: Jay's total compensation ($USD15.21M) is above average for companies of similar size in the German market ($USD2.56M).

Compensation vs Earnings: Jay's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Jay Geldmacher (67 yo)

3.9yrs

Tenure

US$15,207,610

Compensation

Mr. Jay L. Geldmacher has been Chief Executive Officer, President and Director at Resideo Technologies, Inc. since May 28, 2020. Since September 2019, Mr. Geldmacher has served as President and CEO of Elec...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Jay Geldmacher	CEO, President & Director	3.9yrs	US$15.21m	0.20% $ 5.4m
Anthony Trunzo	Executive VP & CFO	3.8yrs	US$4.34m	0.11% $ 3.1m
Jeannine Lane	Executive VP	no data	US$3.08m	0.049% $ 1.3m
Robert Aarnes	President of ADI Global Distribution	no data	US$4.18m	0.021% $ 558.2k
Phillip Theodore	Senior VP & Executive Advisor	3.8yrs	US$4.15m	0.055% $ 1.5m
Dana Huth	Executive VP & Chief Revenue Officer	2.6yrs	US$2.96m	0.031% $ 830.3k
Tina Beskid	VP, Controller & Chief Accounting Officer	1.9yrs	no data	0.030% $ 818.4k
Michael Mercieca	Vice President of Investor Relations	no data	no data	no data
Trent Perrotto	Senior Director of Corporate and Digital Communications	no data	no data	no data
Stephen Kelly	Chief Human Resources Officer & Executive VP	no data	US$1.67m	0.15% $ 4.1m
Thomas Surran	President of Products & Solutions	less than a year	no data	0.061% $ 1.6m
Matthew Giordano	Vice President & Treasurer	no data	no data	no data

3.2yrs

Average Tenure

60yo

Average Age

Experienced Management: 3RT's management team is considered experienced (3.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Jay Geldmacher	CEO, President & Director	3.9yrs	US$15.21m	0.20% $ 5.4m
Paul Deninger	Independent Director	6.3yrs	US$277.49k	0.034% $ 932.6k
Sharon Wienbar	Independent Director	6.3yrs	US$277.49k	0.027% $ 735.9k
Jack Lazar	Independent Director	6.3yrs	US$279.98k	0.036% $ 982.3k
Roger Fradin	Independent Chairman	6.3yrs	US$434.99k	0.15% $ 4.0m
Cynthia Hostetler	Independent Director	4.1yrs	US$262.49k	0.0042% $ 114.2k
Brian Kushner	Independent Director	4.3yrs	US$272.49k	0.027% $ 741.9k
Nina Richardson	Independent Director	6.3yrs	US$274.99k	0.017% $ 468.4k
Andrew Teich	Independent Director	6.3yrs	US$288.33k	0.11% $ 2.9m
Kareem Yusuf	Independent Director	3.1yrs	US$264.99k	0.00064% $ 17.4k

6.3yrs

Average Tenure

62.5yo

Average Age

Experienced Board: 3RT's board of directors are considered experienced (6.3 years average tenure).

Resideo Technologies Management

Management criteria checks 2/4

Key information

Recent management updates

Resideo Technologies, Inc., Annual General Meeting, Jun 05, 2024

Resideo Technologies, Inc. Announces Executive Changes

President of Products & Solutions recently sold €303k worth of stock

Insufficient new directors

CEO, President & Director recently bought €124k worth of stock

President of ADI Global Distribution recently sold €1.2m worth of stock

Recent updates

Resideo Technologies Rolls Out Its Latest First Alert Smoke Alarms At Retailer Nationwide

Resideo Technologies, Inc., Annual General Meeting, Jun 05, 2024

Resideo Technologies, Inc. to Report Q1, 2024 Results on May 02, 2024

Investor sentiment improves as stock rises 24%

Full year 2023 earnings released: EPS: US$1.43 (vs US$1.94 in FY 2022)

Resideo Technologies, Inc. Provides Earnings Guidance for the First Quarter and Full Year of 2024

Resideo Technologies, Inc. to Report Q4, 2023 Results on Feb 13, 2024

Resideo Technologies, Inc. Announces Executive Changes

President of Products & Solutions recently sold €303k worth of stock

Resideo Technologies, Inc. (NYSE:REZI) acquired sfty AS.

Third quarter 2023 earnings released: EPS: US$0.14 (vs US$0.43 in 3Q 2022)

Resideo Technologies, Inc. Revises Earnings Guidance for the Full Year of 2023

Resideo Technologies, Inc. Provides Earnings Guidance for the Fourth Quarter of 2023

Southwire Company, LLC completed the acquisition of Genesis Cable business of Resideo Technologies, Inc. (NYSE:REZI) for $87.5 million.

Resideo Technologies, Inc. to Report Q3, 2023 Results on Nov 01, 2023

Southwire Company, LLC entered into an definitive agreement to acquire Genesis Cable business of Resideo Technologies, Inc. (NYSE:REZI) for transaction value at $87.5 million.

Southwire Company, LLC entered into an definitive agreement to acquire Genesis Cable business of Resideo Technologies, Inc. (NYSE:REZI) for transaction value at $87.5 million.

Second quarter 2023 earnings released: EPS: US$0.34 (vs US$0.65 in 2Q 2022)

Resideo Technologies, Inc. (NYSE:REZI) announces an Equity Buyback for $150 million worth of its shares.

Now 22% undervalued

Resideo Technologies, Inc. to Report Q2, 2023 Results on Aug 03, 2023

Insufficient new directors

Resideo Technologies, Inc. Provides Earnings Guidance for the Second Quarter and Full Year of 2023

Now 15% undervalued after recent price drop

First quarter 2023 earnings released: EPS: US$0.39 (vs US$0.60 in 1Q 2022)

CEO, President & Director recently bought €124k worth of stock

President of ADI Global Distribution recently sold €1.2m worth of stock

Full year 2022 earnings released: EPS: US$1.94 (vs US$1.68 in FY 2021)

Resideo Technologies, Inc. to Report Q4, 2022 Results on Feb 15, 2023

Resideo Technologies, Inc. Announces Termination of Travis Merrill, Executive Vice President, Chief Strategy and Commercial Officer, Effective March 31, 2023

Investor sentiment deteriorated over the past week

Third quarter 2022 earnings released: EPS: US$0.43 (vs US$0.47 in 3Q 2021)

Resideo Technologies, Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year of 2022

Resideo Technologies, Inc. to Report Q3, 2022 Results on Nov 01, 2022

Second quarter 2022 earnings released: EPS: US$0.65 (vs US$0.40 in 2Q 2021)

Resideo Technologies, Inc. to Report Q2, 2022 Results on Aug 04, 2022

President of ADI Global Distribution recently sold €1.4m worth of stock

Resideo Technologies, Inc. Appoints Tina M. Beskid as Chief Accounting Officer

First quarter 2022 earnings released: EPS: US$0.60 (vs US$0.34 in 1Q 2021)

Resideo Technologies, Inc. Provides Earnings Guidance for the Second Quarter and Full Year of 2022

Resideo Technologies, Inc. to Report Q1, 2022 Results on May 03, 2022

Resideo Technologies, Inc. (NYSE:REZI) completed the acquisition of First Alert, Inc. from Newell Brands Inc. (NasdaqGS:NWL).

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Resideo Technologies, Inc. (NYSE:REZI) acquired Arrow Wire & Cable, Inc.

Resideo Technologies, Inc. (NYSE:REZI) entered into a definitive agreement to acquire First Alert, Inc. from Newell Brands Inc. (NasdaqGS:NWL) for approximately $590 million.

Clear Arch Health acquired Honeywell Life Care Solutions from Resideo Technologies, Inc. (NYSE:REZI).

Resideo Technologies, Inc. Unveils New Services, Solutions and Tools to Unify Portfolio and Provide Partner Support

Entwistle & Cappucci LLP and Labaton Sucharow LLP Announces a Notice of Pendency and Proposed Settlement of Class Action in Resideo Technologies, Inc

Third quarter 2021 earnings released: EPS US$0.47 (vs US$0.61 in 3Q 2020)

Third quarter 2021 earnings released: EPS US$0.47 (vs US$0.61 in 3Q 2020)

President of ADI Global Distribution recently sold €172k worth of stock

Resideo Technologies, Inc. Provides Earnings Guidance for the Third Quarter and Full Year 2021

First quarter 2021 earnings released: EPS US$0.34 (vs US$0.17 loss in 1Q 2020)

Resideo Technologies, Inc. Provides Earnings Guidance for the Second Quarter and Full Year of 2021

Executive VP recently sold €202k worth of stock

Resideo Technologies, Inc. Appoints Kareem Yusuf to Board of Directors

President of ADI Global Distribution recently sold €97k worth of stock

Full year 2020 earnings released: EPS US$0.29 (vs US$0.29 in FY 2019)

Revenue beats expectations

New 90-day high: €24.42

New 90-day high: €21.39

Resideo Technologies, Inc. to Report Q4, 2020 Results on Feb 25, 2021

New 90-day high: €18.78

New 90-day high: €17.43

Resideo Technologies, Inc. Names Travis Merrill as Executive Vice President, Chief Strategy and Commercial Officer, Effective Dec. 21, 2020

New 90-day high: €16.54

Resideo Technologies, Inc. has completed a Follow-on Equity Offering in the amount of $255 million.

Revenue beats expectations

Third quarter 2020 earnings released: EPS US$0.61