Standex International Management

Management criteria checks 3/4

Standex International's CEO is David Dunbar, appointed in Jan 2014, has a tenure of 10.25 years. total yearly compensation is $5.10M, comprised of 17.5% salary and 82.5% bonuses, including company stock and options. directly owns 0.56% of the company’s shares, worth €10.63M. The average tenure of the management team and the board of directors is 4.6 years and 9.9 years respectively.

Key information

David Dunbar

Chief executive officer

US$5.1m

Total compensation

CEO salary percentage	17.5%
CEO tenure	10.3yrs
CEO ownership	0.6%
Management average tenure	4.6yrs
Board average tenure	9.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has David Dunbar's remuneration changed compared to Standex International's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	US$139m
Sep 30 2023	n/a	n/a	US$140m
Jun 30 2023	US$5m	US$893k	US$139m
Mar 31 2023	n/a	n/a	US$132m
Dec 31 2022	n/a	n/a	US$69m
Sep 30 2022	n/a	n/a	US$64m
Jun 30 2022	US$5m	US$869k	US$61m
Mar 31 2022	n/a	n/a	US$63m
Dec 31 2021	n/a	n/a	US$47m
Sep 30 2021	n/a	n/a	US$44m
Jun 30 2021	US$6m	US$865k	US$39m
Mar 31 2021	n/a	n/a	US$30m
Dec 31 2020	n/a	n/a	US$41m
Sep 30 2020	n/a	n/a	US$41m
Jun 30 2020	US$4m	US$846k	US$41m
Mar 31 2020	n/a	n/a	US$48m
Dec 31 2019	n/a	n/a	US$44m
Sep 30 2019	n/a	n/a	US$45m
Jun 30 2019	US$3m	US$821k	US$48m
Mar 31 2019	n/a	n/a	US$47m
Dec 31 2018	n/a	n/a	US$50m
Sep 30 2018	n/a	n/a	US$33m
Jun 30 2018	US$3m	US$797k	US$30m
Mar 31 2018	n/a	n/a	US$34m
Dec 31 2017	n/a	n/a	US$30m
Sep 30 2017	n/a	n/a	US$45m
Jun 30 2017	US$3m	US$774k	US$39m

Compensation vs Market: David's total compensation ($USD5.10M) is above average for companies of similar size in the German market ($USD1.62M).

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

CEO

David Dunbar (61 yo)

10.3yrs

Tenure

US$5,098,597

Compensation

Mr. David A. Dunbar has been a Non-Employee Independent Director of Watts Water Technologies, Inc. since February 8, 2017 and serves as its Lead Independent Director since July 2023. He serves as the Chief...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
David Dunbar	Chairman	10.3yrs	US$5.10m	0.56% $ 10.6m
Ademir Sarcevic	VP, CFO & Treasurer	4.6yrs	US$1.57m	0.17% $ 3.3m
Alan Glass	VP, Chief Legal Officer & Secretary	8yrs	US$1.08m	0.16% $ 3.1m
Annemarie Bell	VP & Chief Human Resource Officer	5.5yrs	US$734.30k	0.054% $ 1.0m
Amy Gagnon	Chief Accounting Officer	less than a year	no data	0.010% $ 196.9k
Max Arets	VP & Chief Information Officer	no data	no data	0.011% $ 208.4k
Christopher Howe	Director of Investor Relations	1.5yrs	no data	no data
Ramy Shatoot	President at Standex Electronics	1.3yrs	no data	no data

4.6yrs

Average Tenure

59yo

Average Age

Experienced Management: 9SI's management team is considered experienced (4.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
David Dunbar	Chairman	10.3yrs	US$5.10m	0.56% $ 10.6m
Charles Cannon	Independent Director	19.5yrs	US$210.35k	0.18% $ 3.4m
Thomas Hansen	Lead Independent Director	11.1yrs	US$269.56k	0.096% $ 1.8m
Thomas Chorman	Independent Director	19.5yrs	US$226.60k	0.11% $ 2.1m
Jeffrey Edwards	Independent Director	9.5yrs	US$208.48k	0.11% $ 2.1m
Michael Hickey	Independent Director	6.5yrs	US$223.73k	0.097% $ 1.9m
Robin Davenport	Independent Director	2.5yrs	US$211.25k	0.028% $ 535.3k
Barbara Edwards	Independent Director	5.5yrs	US$206.60k	0.038% $ 731.1k

9.9yrs

Average Tenure

64.5yo

Average Age

Experienced Board: 9SI's board of directors are considered experienced (9.9 years average tenure).

Standex International Management

Management criteria checks 3/4

Key information

Recent management updates

Lead Independent Director recently sold €327k worth of stock

Independent Director recently sold €235k worth of stock

Standex International Corporation Announces Executive Changes, Effective on January 26, 2024

VP, CFO & Treasurer recently sold €251k worth of stock

Standex International Corporation, Annual General Meeting, Oct 24, 2023

VP, Chief Legal Officer & Secretary recently sold €150k worth of stock

Recent updates

Second quarter dividend of US$0.30 announced

Standex International Corporation to Report Q3, 2024 Results on May 02, 2024

Standex International Corporation Declares Quarterly Cash Dividend, Payable May 24, 2024

Lead Independent Director recently sold €327k worth of stock

Independent Director recently sold €235k worth of stock

Second quarter dividend of US$0.30 announced

Second quarter 2024 earnings released: EPS: US$1.62 (vs US$1.70 in 2Q 2023)

Standex International Corporation Provides Earnings Guidance for the Third and Fourth Fiscal Quarter of 2024

Standex International Corporation to Report Q2, 2024 Results on Feb 01, 2024

Standex International Corporation Declares Quarterly Cash Dividend, Payable on February 26, 2024

Now 22% overvalued after recent price rise

Standex International Corporation Announces Executive Changes, Effective on January 26, 2024

VP, CFO & Treasurer recently sold €251k worth of stock

Standex International Corporation Provides Revenue Guidance for the Second Quarter of 2023

First quarter 2024 earnings released: EPS: US$1.61 (vs US$1.55 in 1Q 2023)

Upcoming dividend of US$0.30 per share at 0.8% yield

Standex International Corporation to Report Q1, 2024 Results on Nov 02, 2023

Standex International Corporation Declares Quarterly Cash Dividend, Payable November 22, 2023

Standex International Corporation, Annual General Meeting, Oct 24, 2023

Investor sentiment improves as stock rises 15%

Full year 2023 earnings released: EPS: US$11.78 (vs US$5.14 in FY 2022)

Standex International Corporation Provides Financial Guidance for the First Quarter and Full Year of Fiscal 2024

Upcoming dividend of US$0.28 per share at 0.8% yield

Standex International Corporation (NYSE:SXI) acquired Minntronix, Inc. for $30 million.

Standex International Corporation Declares Quarterly Cash Dividend, Payable on August 25, 2023

VP, Chief Legal Officer & Secretary recently sold €150k worth of stock

VP, CFO & Treasurer recently sold €98k worth of stock

Standex International Corporation Provides Revenue Guidance for the Fiscal Fourth Quarter 2023

Third quarter 2023 earnings released: EPS: US$6.82 (vs US$1.45 in 3Q 2022)

Upcoming dividend of US$0.28 per share at 0.9% yield

Insider recently sold €474k worth of stock

Standex International Corporation Provides Earnings Guidance for the Fiscal Third Quarter of 2023

Second quarter 2023 earnings released: EPS: US$1.70 (vs US$1.25 in 2Q 2022)

InvestIndustrial entered into an agreement to acquire Procon Products from Standex International Corporation (NYSE:SXI) for $75 million.

Standex International Corporation to Report Q2, 2023 Results on Feb 02, 2023

VP, Chief Legal Officer & Secretary recently sold €151k worth of stock

Independent Director recently sold €145k worth of stock

Insufficient new directors

First quarter 2023 earnings released: EPS: US$1.55 (vs US$1.32 in 1Q 2022)

Standex International Corporation Provides Earnings Guidance for the Second Quarter of 2023

Upcoming dividend of US$0.28 per share

Standex International Corporation to Report Q1, 2023 Results on Nov 03, 2022

Standex International Corporation Declares Quarterly Cash Dividend, Payable November 23, 2022

Standex International Corporation Appoints Christopher Howe as Director of Investor Relations

Standex International Corporation, Annual General Meeting, Oct 25, 2022

Standex International Corporation Provides Earnings Guidance for the First Quarter of 2023

Full year 2022 earnings released: EPS: US$5.14 (vs US$3.17 in FY 2021)

Upcoming dividend of US$0.26 per share

Standex International Corporation to Report Q4, 2022 Results on Aug 04, 2022

Standex International Corporation Declares Quarterly Cash Dividend, Payable August 25, 2022

VP, CFO & Treasurer recently sold €105k worth of stock

Standex International Corporation (NYSE:SXI) announces an Equity Buyback for $100 million worth of its shares.

Third quarter 2022 earnings released: EPS: US$1.45 (vs US$0.14 in 3Q 2021)

Upcoming dividend of US$0.26 per share

Standex International Corporation to Report Q3, 2022 Results on May 05, 2022

Standex International Corporation Declares Quarterly Cash Dividend, Payable on May 25, 2022

Insufficient new directors

Standex International Corporation Provides Earnings Guidance for the Third Quarter of Fiscal 2022

Second quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

Upcoming dividend of US$0.26 per share

Standex International Corporation to Report Q2, 2022 Results on Feb 03, 2022

Standex International Corporation to Report Q2, 2022 Results on Feb 03, 2022

Standex International Corporation Announces Quarterly Cash Dividend, Payable on February 25, 2022

Insider recently sold €343k worth of stock

First quarter 2022 earnings released: EPS US$1.32 (vs US$0.85 in 1Q 2021)

Insufficient new directors

Full year 2021 earnings released: EPS US$3.17 (vs US$3.33 in FY 2020)

Third quarter 2021 earnings released: EPS US$0.14 (vs US$0.98 in 3Q 2020)

Standex International Corporation Provides Earnings Guidance for the Fourth Quarter of 2021