A. O. Smith Management

Management criteria checks 2/4

A. O. Smith's CEO is Kevin Wheeler, appointed in Sep 2018, has a tenure of 6.17 years. total yearly compensation is $8.76M, comprised of 12.3% salary and 87.7% bonuses, including company stock and options. directly owns 0.062% of the company’s shares, worth €6.34M. The average tenure of the management team and the board of directors is 5.5 years and 5.5 years respectively.

Key information

Kevin Wheeler

Chief executive officer

US$8.8m

Total compensation

CEO salary percentage	12.3%
CEO tenure	6.2yrs
CEO ownership	0.06%
Management average tenure	5.5yrs
Board average tenure	5.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Kevin Wheeler's remuneration changed compared to A. O. Smith's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$561m
Jun 30 2024	n/a	n/a	US$577m
Mar 31 2024	n/a	n/a	US$577m
Dec 31 2023	US$9m	US$1m	US$557m
Sep 30 2023	n/a	n/a	US$299m
Jun 30 2023	n/a	n/a	US$274m
Mar 31 2023	n/a	n/a	US$243m
Dec 31 2022	US$7m	US$1m	US$236m
Sep 30 2022	n/a	n/a	US$495m
Jun 30 2022	n/a	n/a	US$517m
Mar 31 2022	n/a	n/a	US$509m
Dec 31 2021	US$7m	US$1m	US$487m
Sep 30 2021	n/a	n/a	US$468m
Jun 30 2021	n/a	n/a	US$441m
Mar 31 2021	n/a	n/a	US$391m
Dec 31 2020	US$5m	US$869k	US$345m
Sep 30 2020	n/a	n/a	US$316m
Jun 30 2020	n/a	n/a	US$298m
Mar 31 2020	n/a	n/a	US$332m
Dec 31 2019	US$4m	US$930k	US$370m
Sep 30 2019	n/a	n/a	US$405m
Jun 30 2019	n/a	n/a	US$422m
Mar 31 2019	n/a	n/a	US$435m
Dec 31 2018	US$3m	US$700k	US$444m
Sep 30 2018	n/a	n/a	US$341m
Jun 30 2018	n/a	n/a	US$330m
Mar 31 2018	n/a	n/a	US$308m
Dec 31 2017	US$2m	US$522k	US$297m

Compensation vs Market: Kevin's total compensation ($USD8.76M) is above average for companies of similar size in the German market ($USD4.78M).

Compensation vs Earnings: Kevin's compensation has increased by more than 20% in the past year.

CEO

Kevin Wheeler (64 yo)

6.2yrs

Tenure

US$8,756,656

Compensation

Mr. Kevin J. Wheeler has been Chief Executive Officer of A. O. Smith Corporation since September 1, 2018. Mr. Wheeler had been President of A. O. Smith Corporation since May 18, 2017 until 2024 and served...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Kevin Wheeler	Chairman & CEO	6.2yrs	US$8.76m	0.062% € 6.3m
Charles Lauber	Executive VP & CFO	5.5yrs	US$2.94m	0.025% € 2.6m
James Stern	Executive VP	17.4yrs	US$2.99m	0.080% € 8.1m
Stephen Shafer	President & COO	less than a year	no data	no data
Robert Heideman	Senior VP & CTO	11.8yrs	no data	0.0055% € 561.4k
S. Scheppele	Senior VP & Chief Information Officer	4.3yrs	no data	0.0017% € 173.8k
Helen Gurholt	Vice President of Investor Relations and Financial Planning & Analysis	5.5yrs	no data	no data
Curt Selby	Senior Vice President of Human Resources & Public Affairs	less than a year	no data	0.00090% € 92.0k
Paul Jones	Vice President of Corporate Development & Strategy	less than a year	US$24.63k	no data
D. Karge	Senior VP & President of North America Water Treatment	6.2yrs	no data	0.0016% € 163.6k
Jack Qiu	Senior VP & President of A. O. Smith China	4.1yrs	no data	no data
Samuel Carver	Senior VP of Global Operations	no data	no data	0.00083% € 84.9k

5.5yrs

Average Tenure

57yo

Average Age

Experienced Management: 3SM's management team is seasoned and experienced (5.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Kevin Wheeler	Chairman & CEO	7.3yrs	US$8.76m	0.062% € 6.3m
Ronald Brown	Independent Presiding Director	23.8yrs	US$258.52k	0% € 0
Ajita Rajendra	Independent Director	12.9yrs	US$243.52k	0.20% € 20.5m
Victoria Holt	Independent Director	3.6yrs	US$258.52k	0.000010% € 1.0k
Mark Smith	Independent Director	23.8yrs	US$243.52k	0.28% € 28.7m
Christopher Mapes	Independent Director	1.6yrs	US$217.64k	0.0095% € 971.4k
Lois Martin	Independent Director	less than a year	no data	0.0011% € 114.5k
Michael Larsen	Independent Director	3.6yrs	US$243.52k	0.0079% € 805.8k
Ilham Kadri	Independent Director	7.9yrs	US$243.52k	0.013% € 1.3m
Todd Fister	Independent Director	less than a year	no data	0.0011% € 114.5k

5.5yrs

Average Tenure

62yo

Average Age

Experienced Board: 3SM's board of directors are considered experienced (5.5 years average tenure).

A. O. Smith Management

Management criteria checks 2/4

Key information

Recent management updates

A. O. Smith Corporation Announces Executive Changes

A. O. Smith Corporation Appoints Stephen Shafer as President and Chief Operating Officer

A. O. Smith Corporation, Annual General Meeting, Apr 09, 2024

A. O. Smith Corporation Announces Retirement of David R. Warren as Senior Vice President of the Company, and President of the Company’s North American Water Heating Business Unit

Executive VP recently sold €1.1m worth of stock

Independent Director recently sold €93k worth of stock

Recent updates

Upcoming dividend of US$0.34 per share

Third quarter 2024 earnings released: EPS: US$0.82 (vs US$0.90 in 3Q 2023)

Now 23% undervalued after recent price drop

A. O. Smith Corporation Revises Earnings Guidance for the Full Year 2024

Second quarter dividend of US$0.34 announced

A. O. Smith Corporation Increases Quarterly Cash Dividend, Payable on November 15, 2024

A. O. Smith Corporation to Report Q3, 2024 Results on Oct 22, 2024

Upcoming dividend of US$0.32 per share

Second quarter 2024 earnings released: EPS: US$1.06 (vs US$1.04 in 2Q 2023)

Now 20% undervalued after recent price drop

A. O. Smith Corporation Reaffirms Earnings Guidance for the Year 2024

First quarter dividend of US$0.32 announced

A. O. Smith Corporation Declares Regular Quarterly Cash Dividend on Common Stock and Class A Common Stock, Payable on August 15, 2024

A. O. Smith Corporation to Report Q2, 2024 Results on Jul 23, 2024

Now 20% undervalued after recent price drop

A. O. Smith Corporation Announces Executive Changes

A. O. Smith Corporation Re-Affirms Earnings Guidance for the Year 2024

A. O. Smith Corporation Provides Earnings Guidance for the Year 2024

First quarter 2024 earnings released: EPS: US$0.99 (vs US$0.84 in 1Q 2023)

Upcoming dividend of US$0.32 per share

Fourth quarter dividend of US$0.32 announced

A. O. Smith Declares Regular Quarterly Cash Dividend, Payable on May 15 2024

A. O. Smith Corporation to Report Q1, 2024 Results on Apr 25, 2024

A. O. Smith Corporation Appoints Stephen Shafer as President and Chief Operating Officer

NorthStar Asset Management, Inc Files a Notice of Exempt Solicitation to A. O. Smith Corporation

A. O. Smith Corporation (NYSE:AOS) acquired Impact Water Products Inc.

A. O. Smith Corporation, Annual General Meeting, Apr 09, 2024

Full year 2023 earnings released: EPS: US$3.69 (vs US$1.52 in FY 2022)

A. O. Smith Provides Earnings Guidance for the Year 2024

Upcoming dividend of US$0.32 per share at 1.6% yield

A. O. Smith Declares Quarterly Cash Dividend, Payable on February 15, 2024

A. O. Smith Corporation Announces Retirement of David R. Warren as Senior Vice President of the Company, and President of the Company’s North American Water Heating Business Unit

Now 21% undervalued

Executive VP recently sold €1.1m worth of stock

Third quarter 2023 earnings released: EPS: US$0.90 (vs US$0.71 in 3Q 2022)

Upcoming dividend of US$0.32 per share at 1.8% yield

A. O. Smith Increases Quarterly Dividend, Payable on November 15, 2023

A. O. Smith Corporation to Report Q3, 2023 Results on Oct 26, 2023

Now 20% undervalued

A. O. Smith Corporation (NYSE:AOS) acquired Water Tec of Tucson from family.

Second quarter 2023 earnings released: EPS: US$1.04 (vs US$0.81 in 2Q 2022)

Upcoming dividend of US$0.30 per share at 1.6% yield

A. O. Smith Corporation to Report Q2, 2023 Results on Jul 27, 2023

A. O. Smith Corporation Declares Regular Quarterly Cash Dividend, Payable on August 15, 2023

A. O. Smith Corporation Declares Regular Quarterly Cash Dividend, Payable on August 15, 2023

Independent Director recently sold €93k worth of stock

First quarter 2023 earnings released: EPS: US$0.83 (vs US$0.76 in 1Q 2022)

Upcoming dividend of US$0.30 per share at 1.8% yield

Key Executive recently sold €257k worth of stock

Full year 2022 earnings released: EPS: US$1.51 (vs US$3.05 in FY 2021)

A. O. Smith Corporation Provides Earnings Guidance for the Fiscal Year 2023

Upcoming dividend of US$0.30 per share

A. O. Smith Declares Quarterly Dividend, Payable on February 15, 2023

A. O. Smith Corporation to Report Q4, 2022 Results on Jan 31, 2023

Independent Lead Director recently sold €244k worth of stock

Third quarter 2022 earnings released: EPS: US$0.71 (vs US$0.83 in 3Q 2021)

A. O. Smith Provides Earnings Guidance for the Year 2022

Upcoming dividend of US$0.30 per share

A. O. Smith Corporation Revises Earnings Guidance for Full Year 2022

A. O. Smith Corporation to Report Q3, 2022 Results on Oct 27, 2022

Ao Smith's Promoted Parag Kulkarni as Senior Vice President of International Business

Second quarter 2022 earnings released: EPS: US$0.81 (vs US$0.74 in 2Q 2021)

A. O. Smith Corporation Reaffirms Earnings Guidance for the Year 2022

A. O. Smith Corporation Appoints Noelle Brigham as Environmental, Social and Governance Director

Upcoming dividend of US$0.28 per share

A. O. Smith Corporation Declares Quarterly Dividend on Common Stock and Class A Common Stock, Payable on August 15, 2022

A. O. Smith Corporation to Report Q2, 2022 Results on Jul 28, 2022

A. O. Smith Corporation (NYSE:AOS) acquired Atlantic Filter Corporation from James W. Wakem II and family.

Key Executive recently sold €113k worth of stock