MSC Industrial Direct Management
Management criteria checks 3/4
MSC Industrial Direct's CEO is Erik Gershwind, appointed in Jan 2013, has a tenure of 11.92 years. total yearly compensation is $4.44M, comprised of 19.4% salary and 80.6% bonuses, including company stock and options. directly owns 3.7% of the company’s shares, worth €148.21M. The average tenure of the management team and the board of directors is 3.2 years and 9.3 years respectively.
Key information
Erik Gershwind
Chief executive officer
US$4.4m
Total compensation
| CEO salary percentage | 19.4% |
| CEO tenure | 11.9yrs |
| CEO ownership | 3.7% |
| Management average tenure | 3.2yrs |
| Board average tenure | 9.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Aug 31 2024 | US$4m | US$861k | US$259m |
| Jun 01 2024 | n/a | n/a | US$291m |
| Mar 02 2024 | n/a | n/a | US$314m |
| Dec 02 2023 | n/a | n/a | US$331m |
| Sep 02 2023 | US$5m | US$825k | US$343m |
| Jun 03 2023 | n/a | n/a | US$360m |
| Mar 04 2023 | n/a | n/a | US$364m |
| Dec 03 2022 | n/a | n/a | US$355m |
| Sep 03 2022 | US$6m | US$816k | US$340m |
| May 28 2022 | n/a | n/a | US$302m |
| Feb 26 2022 | n/a | n/a | US$296m |
| Nov 27 2021 | n/a | n/a | US$245m |
| Aug 28 2021 | US$5m | US$771k | US$217m |
| May 29 2021 | n/a | n/a | US$203m |
| Feb 27 2021 | n/a | n/a | US$187m |
| Nov 28 2020 | n/a | n/a | US$224m |
| Aug 29 2020 | US$4m | US$697k | US$251m |
| May 30 2020 | n/a | n/a | US$265m |
| Feb 29 2020 | n/a | n/a | US$267m |
| Nov 30 2019 | n/a | n/a | US$280m |
| Aug 31 2019 | US$4m | US$763k | US$289m |
| Jun 01 2019 | n/a | n/a | US$295m |
| Mar 02 2019 | n/a | n/a | US$295m |
| Dec 01 2018 | n/a | n/a | US$344m |
| Sep 01 2018 | US$4m | US$741k | US$329m |
Compensation vs Market: Erik's total compensation ($USD4.44M) is above average for companies of similar size in the German market ($USD1.93M).
Compensation vs Earnings: Erik's compensation has been consistent with company performance over the past year.
CEO
Erik Gershwind (53 yo)
11.9yrs
Tenure
US$4,437,481
Compensation
Mr. Erik David Gershwind is Chief Executive Officer of MSC Industrial Direct Co., Inc. since January 1, 2013 and has been its Director since October 19, 2010. Mr. Gershwind was President of MSC Industrial...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 11.9yrs | US$4.44m | 3.7% € 148.2m | |
| President & COO | 2.2yrs | US$1.34m | 0.0079% € 318.0k | |
| Executive VP & CFO | 4.3yrs | US$1.87m | 0.023% € 907.2k | |
| Senior Vice President of Sales & Customer Success | 3.2yrs | US$837.17k | 0.026% € 1.1m | |
| Senior VP & Chief People Officer | 5.9yrs | US$929.27k | 0.016% € 634.5k | |
| Head of Investor Relations | 1.5yrs | no data | no data | |
| Senior VP | 2.7yrs | no data | 0.0055% € 222.2k |
3.2yrs
Average Tenure
52.5yo
Average Age
Experienced Management: 98M's management team is considered experienced (3.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 14.2yrs | US$4.44m | 3.7% € 148.2m | |
| Independent Director | 15.9yrs | US$249.94k | 0.023% € 930.9k | |
| Non-Executive Chairman | 29.2yrs | US$447.00k | 14.3% € 573.5m | |
| Independent Lead Director | 9.3yrs | US$244.94k | 0.022% € 890.7k | |
| Independent Director | 24.7yrs | US$254.94k | 0.034% € 1.4m | |
| Independent Director | 9.3yrs | US$229.94k | 0.022% € 890.7k | |
| Non Executive Independent Director | 4.3yrs | US$229.94k | 0.0086% € 342.9k | |
| Independent Director | less than a year | US$1.34k | no data | |
| Independent Non-Executive Director | 2yrs | US$229.94k | 0.0014% € 57.4k |
9.3yrs
Average Tenure
61yo
Average Age
Experienced Board: 98M's board of directors are considered experienced (9.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 11:10 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/08/31 |
| Annual Earnings | 2024/08/31 |
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 here.
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 .
Analyst Sources
MSC Industrial Direct Co., Inc. is covered by 29 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 |
|---|---|
| David Manthey | Baird |
| Scott Davis | Barclays |
| Scott Graham | BMO Capital Markets Equity Research |