Acuity Brands Management

Management criteria checks 3/4

Acuity Brands' CEO is Neil Ashe, appointed in Jan 2020, has a tenure of 4.83 years. total yearly compensation is $9.21M, comprised of 10.9% salary and 89.1% bonuses, including company stock and options. directly owns 0.09% of the company’s shares, worth €8.47M. The average tenure of the management team and the board of directors is 3.5 years and 4.8 years respectively.

Key information

Neil Ashe

Chief executive officer

US$9.2m

Total compensation

CEO salary percentage	10.9%
CEO tenure	4.8yrs
CEO ownership	0.09%
Management average tenure	3.5yrs
Board average tenure	4.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Neil Ashe's remuneration changed compared to Acuity Brands's earnings?
Date	Total Compensation	Salary	Company Earnings
Aug 31 2024	n/a	n/a	US$423m
May 31 2024	n/a	n/a	US$387m
Feb 29 2024	n/a	n/a	US$378m
Nov 30 2023	n/a	n/a	US$372m
Aug 31 2023	US$9m	US$1m	US$346m
May 31 2023	n/a	n/a	US$379m
Feb 28 2023	n/a	n/a	US$379m
Nov 30 2022	n/a	n/a	US$371m
Aug 31 2022	US$8m	US$1m	US$384m
May 31 2022	n/a	n/a	US$367m
Feb 28 2022	n/a	n/a	US$347m
Nov 30 2021	n/a	n/a	US$334m
Aug 31 2021	US$15m	US$1m	US$306m
May 31 2021	n/a	n/a	US$282m
Feb 28 2021	n/a	n/a	US$257m
Nov 30 2020	n/a	n/a	US$251m
Aug 31 2020	US$21m	US$649k	US$248m

Compensation vs Market: Neil's total compensation ($USD9.21M) is above average for companies of similar size in the German market ($USD4.90M).

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

CEO

Neil Ashe (56 yo)

4.8yrs

Tenure

US$9,213,817

Compensation

Mr. Neil M. Ashe has been President, Chief Executive Officer and Director of Acuity Brands, Inc. since January 31, 2020 and serves as its Chairman since January 06, 2021. He joined Acuity Brands, Inc on Ja...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Neil Ashe	Chairman	4.8yrs	US$9.21m	0.090% € 8.5m
Karen Holcom	Senior VP & CFO	5.2yrs	US$3.18m	0.057% € 5.4m
Barry Goldman	Senior VP & General Counsel	9.8yrs	US$2.35m	0.015% € 1.4m
Dianne Mills	Senior VP & Chief Human Resources Officer	4.7yrs	US$2.17m	0.028% € 2.6m
Charlotte McLaughlin	Vice President of Investor Relations	no data	no data	no data
April Appling	Vice President of Corporate Communications & Events	1.3yrs	no data	no data
Philippe Brzusczak	Senior Vice President of Corporate Development & Strategy	2.2yrs	no data	no data
Tyler Moon	Senior Vice President of Enterprise Operations	1.8yrs	no data	no data
Peter Han	President of Intelligent Spaces Group	3.5yrs	no data	no data
Martin Villeneuve	Senior Vice President of Distributed Building Technologies	no data	no data	no data
Sachin Sankpal	President of Acuity Brands Lighting & Lighting Controls	2.6yrs	no data	no data
Chanda Kirchner	VP & Corporate Secretary	no data	no data	no data

3.5yrs

Average Tenure

56yo

Average Age

Experienced Management: AQ8's management team is considered experienced (3.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Neil Ashe	Chairman	4.8yrs	US$9.21m	0.090% € 8.5m
James Hance	Lead Independent Director	10.3yrs	US$305.12k	0.057% € 5.4m
Mark Sachleben	Independent Director	3.3yrs	US$255.09k	0.00025% € 23.7k
Mary Winston	Independent Director	7.7yrs	US$280.36k	0.013% € 1.2m
Marcia Avedon	Independent Director	2.4yrs	US$255.08k	no data
Michael Bender	Independent Director	2.2yrs	US$327.20k	no data
George Dillard	Independent Director	7.2yrs	US$255.40k	0.035% € 3.3m
Maya Leibman	Independent Director	4.8yrs	US$275.20k	0.0041% € 388.8k
Laura O'Shaughnessy	Independent Director	4.4yrs	US$255.21k	0.0069% € 653.7k
W. Battle	Independent Director	10.2yrs	US$255.66k	0.011% € 1.0m

4.8yrs

Average Tenure

60yo

Average Age

Experienced Board: AQ8's board of directors are considered experienced (4.8 years average tenure).

Acuity Brands Management

Management criteria checks 3/4

Key information

Recent management updates

Senior VP & General Counsel recently sold €838k worth of stock

Acuity Brands, Inc. Appoints Sach Sankpal as President of Acuity Brands Lighting and Lighting Controls

Senior VP & CFO recently sold €1.0m worth of stock

Insider recently sold €1.2m worth of stock

Senior VP & General Counsel recently sold €392k worth of stock

Acuity Brands, Inc., Annual General Meeting, Jan 24, 2024

Recent updates

Now 20% undervalued

Senior VP & General Counsel recently sold €838k worth of stock

Upcoming dividend of US$0.15 per share

Now 24% undervalued

Full year 2024 earnings released: EPS: US$13.68 (vs US$10.88 in FY 2023)

Third quarter dividend of US$0.15 announced

Acuity Brands, Inc. Declares Quarterly Dividend, Payable on November 1, 2024

Acuity Brands, Inc. to Report Q4, 2024 Results on Oct 01, 2024

Acuity Brands, Inc. Appoints Sach Sankpal as President of Acuity Brands Lighting and Lighting Controls

Third quarter dividend of US$0.15 announced

Third quarter 2024 earnings released: EPS: US$3.70 (vs US$3.31 in 3Q 2023)

Acuity Brands Declares Quarterly Dividend, Payable on August 1, 2024

Acuity Brands, Inc. to Report Q3, 2024 Results on Jun 27, 2024

Now 21% undervalued

Senior VP & CFO recently sold €1.0m worth of stock

Second quarter 2024 earnings released: EPS: US$2.89 (vs US$2.60 in 2Q 2023)

First quarter dividend of US$0.15 announced

Acuity Brands, Inc. Declares Quarterly Dividend, Payable on May 1, 2024

Acuity Brands, Inc. to Report Q2, 2024 Results on Apr 03, 2024

Now 21% undervalued

First quarter dividend of US$0.15 announced

Acuity Brands, Inc. Increases Quarterly Dividend, Payable on February 14, 2024

Now 20% undervalued

Insider recently sold €1.2m worth of stock

Senior VP & General Counsel recently sold €392k worth of stock

First quarter 2024 earnings released: EPS: US$3.25 (vs US$2.32 in 1Q 2023)

Now 21% undervalued

Acuity Brands, Inc., Annual General Meeting, Jan 24, 2024

Acuity Brands, Inc. to Report Q1, 2024 Results on Jan 09, 2024

Full year 2023 earnings released: EPS: US$10.88 (vs US$11.23 in FY 2022)

Acuity Brands, Inc. Declares Quarterly Dividend, Payable on November 1, 2023

Acuity Brands, Inc. to Report Q4, 2023 Results on Oct 04, 2023

Upcoming dividend of US$0.13 per share at 0.3% yield

New major risk - Revenue and earnings growth

Third quarter 2023 earnings released: EPS: US$3.31 (vs US$3.10 in 3Q 2022)

Acuity Brands, Inc. to Report Q3, 2023 Results on Jun 29, 2023

Independent Director recently bought €92k worth of stock

Upcoming dividend of US$0.13 per share at 0.3% yield

Second quarter 2023 earnings released: EPS: US$2.60 (vs US$2.15 in 2Q 2022)

Now 21% undervalued

Acuity Brands, Inc. Declares Quarterly Dividend, Payable on February 14, 2023

Senior VP & CFO recently sold €463k worth of stock

First quarter 2023 earnings released: EPS: US$2.32 (vs US$2.50 in 1Q 2022)

Acuity Brands, Inc. to Report Q1, 2023 Results on Jan 09, 2023

Acuity Brands, Inc., Annual General Meeting, Jan 25, 2023

Acuity Brands, Inc. Announces Upcoming Retirement of Dominic J. Pileggi and Ray M. Robinson from the Board of Directors

High number of new directors

AES Industries, Inc. entered into an agreement to acquire Washoe Equipment, Inc. from Acuity Brands Lighting, Inc.

Upcoming dividend of US$0.13 per share

Full year 2022 earnings released: EPS: US$11.23 (vs US$8.44 in FY 2021)

Acuity Brands, Inc. Declares Quarterly Dividend, Payable on November 1, 2022

Acuity Brands, Inc. to Report Q4, 2022 Results on Oct 04, 2022

Acuity Brands Appoints Philippe Brzusczak as Senior Vice President, Corporate Development and Strategy

High number of new directors

Independent Director recently bought €99k worth of stock

Upcoming dividend of US$0.13 per share

High number of new directors

Third quarter 2022 earnings released: EPS: US$3.10 (vs US$2.40 in 3Q 2021)

Acuity Brands, Inc. Appoints Marcia J. Avedon as an Independent Director

Acuity Brands, Inc. Declares Quarterly Dividend, Payable on August 1, 2022

Acuity Brands, Inc. to Report Q3, 2022 Results on Jun 30, 2022

Acuity Brands, Inc. Appoints Senior Vice President, Growth and Transformation

Upcoming dividend of US$0.13 per share

Acuity Brands, Inc. Declares Quarterly Dividend, Payable on May 2, 2022

Now 22% undervalued after recent price drop

Upcoming dividend of US$0.13 per share

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

Executive Vice President Richard Reece has left the company

High number of new directors