Ducommun Management

Management criteria checks 2/4

Ducommun's CEO is Steve Oswald, appointed in Jan 2017, has a tenure of 7.25 years. total yearly compensation is $8.28M, comprised of 11.6% salary and 88.4% bonuses, including company stock and options. directly owns 2.52% of the company’s shares, worth €18.63M. The average tenure of the management team and the board of directors is 6.8 years and 7.3 years respectively.

Key information

Steve Oswald

Chief executive officer

US$8.3m

Total compensation

CEO salary percentage	11.6%
CEO tenure	7.3yrs
CEO ownership	2.5%
Management average tenure	6.8yrs
Board average tenure	7.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Steve Oswald's remuneration changed compared to Ducommun's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$8m	US$960k	US$16m
Sep 30 2023	n/a	n/a	US$19m
Jul 01 2023	n/a	n/a	US$24m
Apr 01 2023	n/a	n/a	US$26m
Dec 31 2022	US$7m	US$924k	US$29m
Oct 01 2022	n/a	n/a	US$132m
Jul 02 2022	n/a	n/a	US$133m
Apr 02 2022	n/a	n/a	US$137m
Dec 31 2021	US$6m	US$897k	US$136m
Oct 02 2021	n/a	n/a	US$34m
Jul 03 2021	n/a	n/a	US$31m
Apr 03 2021	n/a	n/a	US$28m
Dec 31 2020	US$5m	US$899k	US$29m
Sep 26 2020	n/a	n/a	US$28m
Jun 27 2020	n/a	n/a	US$30m
Mar 28 2020	n/a	n/a	US$33m
Dec 31 2019	US$6m	US$806k	US$32m
Sep 28 2019	n/a	n/a	US$24m
Jun 29 2019	n/a	n/a	US$20m
Mar 30 2019	n/a	n/a	US$14m
Dec 31 2018	US$5m	US$773k	US$9m
Sep 29 2018	n/a	n/a	US$18m
Jun 30 2018	n/a	n/a	US$18m
Mar 31 2018	n/a	n/a	US$21m
Dec 31 2017	US$5m	US$692k	US$20m

Compensation vs Market: Steve's total compensation ($USD8.28M) is above average for companies of similar size in the German market ($USD1.29M).

Compensation vs Earnings: Steve's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Steve Oswald (59 yo)

7.3yrs

Tenure

US$8,280,943

Compensation

Mr. Stephen G. Oswald, also known as Steve, serves as Director at The National Wwii Museum Inc since September 2021. Mr. Oswald has been Chief Executive Officer and President at Ducommun Incorporated since...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Stephen Oswald	Chairman	7.3yrs	US$8.28m	2.52% $ 18.6m
Suman Mookerji	Senior VP	less than a year	US$2.27m	0.19% $ 1.4m
Jerry Redondo	Senior VP of Operations & Head of Ducommun Structures	6.8yrs	US$1.83m	0.43% $ 3.2m
Rajiv Tata	VP, General Counsel & Corporate Secretary	5.9yrs	US$1.29m	0.20% $ 1.5m
Laureen Gonzalez	VP & Chief Human Resources Officer	10.3yrs	US$867.20k	0.023% $ 170.9k

6.8yrs

Average Tenure

54.5yo

Average Age

Experienced Management: DUM's management team is seasoned and experienced (6.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Stephen Oswald	Chairman	7.3yrs	US$8.28m	2.52% $ 18.6m
Richard Baldridge	Independent Director	11.1yrs	US$192.00k	0.16% $ 1.2m
Robert Ducommun	Independent Director	39.3yrs	US$199.50k	3.91% $ 28.8m
Dean Flatt	Lead Independent Director	14.4yrs	US$228.50k	0.25% $ 1.9m
Jay Haberland	Independent Director	15.2yrs	US$204.75k	0.23% $ 1.7m
Dave Carter	Independent Director	less than a year	no data	0% $ 0
Samara Strycker	Independent Director	2.3yrs	US$194.75k	0.019% $ 141.2k
Sheila Kramer	Independent Director	2.8yrs	US$178.50k	0.026% $ 191.6k
Shirley Drazba	Independent Director	5.5yrs	US$193.50k	0.070% $ 516.3k

7.3yrs

Average Tenure

64.5yo

Average Age

Experienced Board: DUM's board of directors are considered experienced (7.3 years average tenure).

Ducommun Management

Management criteria checks 2/4

Key information

Recent management updates

Ducommun Incorporated, Annual General Meeting, Apr 24, 2024

Ducommun Incorporated Appoints David B. Carter as Independent Director and Member of the Innovation Committee

Ducommun Incorporated Announces Chief Financial Officer Changes

Ducommun Incorporated Announces Executive Changes

Chairman recently sold €113k worth of stock

Chairman recently sold €100k worth of stock

Recent updates

Ducommun Incorporated to Report Q1, 2024 Results on May 08, 2024

Ignium LP. managed by Albion River Management LLC cancelled the acquisition of remaining 90.98% stake in Ducommun Incorporated (NYSE:DCO).

Ignium LP. managed by Albion River Management LLC cancelled the acquisition of remaining 90.98% stake in Ducommun Incorporated (NYSE:DCO).

New minor risk - Share price stability

Investor sentiment improves as stock rises 16%

Ignium LP, fund managed by Albion River Management LLC made an unsolicited non-binding indication of interest to acquire the remaining 90.97601% stake in Ducommun Incorporated (NYSE:DCO) for approximately $830 million.

Ducommun Incorporated, Annual General Meeting, Apr 24, 2024

Full year 2023 earnings released: EPS: US$1.16 (vs US$2.38 in FY 2022)

Ducommun Incorporated Appoints David B. Carter as Independent Director and Member of the Innovation Committee

Ducommun Incorporated to Report Q4, 2023 Results on Feb 15, 2024

Third quarter 2023 earnings released: EPS: US$0.22 (vs US$0.70 in 3Q 2022)

Ducommun Incorporated to Report Q3, 2023 Results on Nov 08, 2023

New minor risk - Earnings quality

Second quarter 2023 earnings released: EPS: US$0.18 (vs US$0.34 in 2Q 2022)

Ducommun Incorporated to Report Q2, 2023 Results on Aug 03, 2023

Ducommun Incorporated has completed a Follow-on Equity Offering in the amount of $80 million.

Investor sentiment deteriorates as stock falls 16%

First quarter 2023 earnings released: EPS: US$0.43 (vs US$0.68 in 1Q 2022)

Ducommun Incorporated Announces Chief Financial Officer Changes

Ducommun Incorporated Announces Executive Changes

Full year 2022 earnings released: EPS: US$2.38 (vs US$11.41 in FY 2021)

Ducommun Incorporated to Report Q4, 2022 Results on Feb 16, 2023

Chairman recently sold €113k worth of stock

Chairman recently sold €100k worth of stock

Third quarter 2022 earnings released: EPS: US$0.70 (vs US$0.80 in 3Q 2021)

Ducommun Incorporated to Report Q3, 2022 Results on Nov 07, 2022

VP, CFO recently sold €66k worth of stock

Second quarter 2022 earnings released: EPS: US$0.34 (vs US$0.71 in 2Q 2021)

Ducommun Incorporated to Report Q2, 2022 Results on Aug 04, 2022

VP, CFO recently sold €176k worth of stock

First quarter 2022 earnings released: EPS: US$0.68 (vs US$0.57 in 1Q 2021)

Ducommun Incorporated to Report Q1, 2022 Results on May 03, 2022

Independent Director recently sold €204k worth of stock

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Ducommun Incorporated to Report Q4, 2021 Results on Feb 23, 2022

Insufficient new directors

VP, CFO recently sold €67k worth of stock

Third quarter 2021 earnings released: EPS US$0.80 (vs US$0.56 in 3Q 2020)

VP & Chief Human Resources Officer recently sold €107k worth of stock

Second quarter 2021 earnings released: EPS US$0.71 (vs US$0.44 in 2Q 2020)

VP & Chief Human Resources Officer recently sold €57k worth of stock

VP, CFO recently sold €109k worth of stock

First quarter 2021 earnings released: EPS US$0.57 (vs US$0.68 in 1Q 2020)

Independent Director has left the company

Ducommun Incorporated, Annual General Meeting, Apr 21, 2021

New 90-day high: €47.60

Full year 2020 earnings released: EPS US$2.50 (vs US$2.82 in FY 2019)

Revenue beats expectations

New 90-day high: €47.20

Ducommun Incorporated to Report Q4, 2020 Results on Feb 11, 2021

Ducommun Incorporated Announces Appointment of Christopher D. Wampler as Chief Financial Officer

New 90-day high: €45.80

New 90-day high: €42.80

Market bids up stock over the past week

Key Executive recently sold €53k worth of stock

VP, Controller recently sold €135k worth of stock

Market bids up stock over the past week

Market bids up stock over the past week

New 90-day low: €27.00

Third-quarter earnings released: Revenue beats expectations

Third quarter earnings released

Ducommun Incorporated to Report Q3, 2020 Results on Oct 28, 2020

Ducommun Incorporated to Report Q2, 2020 Results on Jul 30, 2020

Ducommun Incorporated(NYSE:DCO) dropped from Russell Microcap Growth Index

Ducommun Incorporated(NYSE:DCO) dropped from Russell 2500 Growth Index

CEO Compensation Analysis

CEO

Tenure

Compensation