Magellan Aerospace Management
Management criteria checks 4/4
Magellan Aerospace's CEO is Phil Underwood, appointed in May 2014, has a tenure of 9.92 years. total yearly compensation is CA$1.01M, comprised of 56.4% salary and 43.6% bonuses, including company stock and options. directly owns 0.003% of the company’s shares, worth €10.21K. The average tenure of the management team and the board of directors is 7.1 years and 10.4 years respectively.
Key information
Phil Underwood
Chief executive officer
CA$1.0m
Total compensation
| CEO salary percentage | 56.4% |
| CEO tenure | 9.9yrs |
| CEO ownership | 0.003% |
| Management average tenure | 7.1yrs |
| Board average tenure | 10.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | CA$1m | CA$568k | CA$9m |
| Sep 30 2023 | n/a | n/a | -CA$11m |
| Jun 30 2023 | n/a | n/a | -CA$14m |
| Mar 31 2023 | n/a | n/a | -CA$16m |
| Dec 31 2022 | CA$839k | CA$541k | -CA$22m |
| Sep 30 2022 | n/a | n/a | -CA$7m |
| Jun 30 2022 | n/a | n/a | -CA$7m |
| Mar 31 2022 | n/a | n/a | -CA$6m |
| Dec 31 2021 | CA$825k | CA$525k | -CA$977k |
| Sep 30 2021 | n/a | n/a | -CA$18m |
| Jun 30 2021 | n/a | n/a | -CA$19m |
| Mar 31 2021 | n/a | n/a | -CA$13m |
| Dec 31 2020 | CA$919k | CA$525k | CA$3m |
| Sep 30 2020 | n/a | n/a | CA$36m |
| Jun 30 2020 | n/a | n/a | CA$51m |
| Mar 31 2020 | n/a | n/a | CA$67m |
| Dec 31 2019 | CA$657k | CA$470k | CA$67m |
| Sep 30 2019 | n/a | n/a | CA$88m |
| Jun 30 2019 | n/a | n/a | CA$90m |
| Mar 31 2019 | n/a | n/a | CA$92m |
| Dec 31 2018 | CA$811k | CA$452k | CA$89m |
| Sep 30 2018 | n/a | n/a | CA$91m |
| Jun 30 2018 | n/a | n/a | CA$91m |
| Mar 31 2018 | n/a | n/a | CA$87m |
| Dec 31 2017 | CA$798k | CA$435k | CA$109m |
Compensation vs Market: Phil's total compensation ($USD736.96K) is about average for companies of similar size in the German market ($USD1.02M).
Compensation vs Earnings: Phil's compensation has been consistent with company performance over the past year.
CEO
Phil Underwood
9.9yrs
Tenure
CA$1,006,882
Compensation
Mr. Phillip Campion Underwood, also known as Phil, has been the President of Magellan Aerospace Corporation since May 13, 2014 and has been its Chief Executive Officer since January 1, 2015. Mr. Underwood...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 29.3yrs | no data | 75.3% CA$ 231.6m | |
| President | 9.9yrs | CA$1.01m | 0.0033% CA$ 10.2k | |
| CFO & Corporate Secretary | 8.3yrs | CA$408.30k | no data | |
| Vice President of Business Development | 5.8yrs | CA$545.43k | no data | |
| Vice President of Information Technology | no data | CA$327.37k | no data | |
| Vice President of Human Resources | no data | no data | 0.00092% CA$ 2.8k |
7.1yrs
Average Tenure
Experienced Management: 4M7A's management team is seasoned and experienced (7.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 29.3yrs | no data | 75.3% CA$ 231.6m | |
| President | 9.1yrs | CA$1.01m | 0.0033% CA$ 10.2k | |
| Director | 24.1yrs | CA$72.00k | 3.93% CA$ 12.1m | |
| Independent Director | 9.9yrs | CA$88.00k | 0.0053% CA$ 16.1k | |
| Independent Director | 10.9yrs | CA$95.00k | 0.0091% CA$ 28.0k | |
| Independent Director | 2.9yrs | CA$80.00k | no data |
10.4yrs
Average Tenure
Experienced Board: 4M7A's board of directors are seasoned and experienced ( 10.4 years average tenure).