Eastern Management
Management criteria checks 1/4
Eastern's CEO is Mark Hernandez, appointed in Jan 2023, has a tenure of 1.33 years. total yearly compensation is $1.58M, comprised of 30.7% salary and 69.3% bonuses, including company stock and options. directly owns 0.53% of the company’s shares, worth €859.09K. The average tenure of the management team and the board of directors is 1.3 years and 8.1 years respectively.
Key information
Mark Hernandez
Chief executive officer
US$1.6m
Total compensation
| CEO salary percentage | 30.7% |
| CEO tenure | 1.3yrs |
| CEO ownership | 0.5% |
| Management average tenure | 1.3yrs |
| Board average tenure | 8.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 30 2024 | n/a | n/a | US$10m |
| Dec 30 2023 | US$2m | US$485k | US$9m |
| Sep 30 2023 | n/a | n/a | US$5m |
| Jul 01 2023 | n/a | n/a | US$7m |
| Apr 01 2023 | n/a | n/a | US$9m |
| Dec 31 2022 | US$37k | n/a | US$11m |
Compensation vs Market: Mark's total compensation ($USD1.58M) is above average for companies of similar size in the German market ($USD713.59K).
Compensation vs Earnings: Insufficient data to compare Mark's compensation with company performance.
CEO
Mark Hernandez (56 yo)
1.3yrs
Tenure
US$1,581,160
Compensation
Mr. Mark A. Hernandez has been Director at The Eastern Company since June 2022 and serves as its President and Chief Executive Officer since January 23, 2023. Mr. Hernandez served as Executive Vice Preside...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 1.3yrs | US$1.58m | 0.53% $ 859.1k | |
| VP & CFO | 1.3yrs | US$588.19k | 0.055% $ 90.1k | |
| Managing Director of Eberhard | 3.7yrs | no data | no data | |
| President of Big 3 Precision Products | less than a year | no data | no data | |
| Secretary | 17.4yrs | no data | no data | |
| President & CEO of Velvac | 1.3yrs | no data | no data | |
| Treasurer & Secretary | no data | no data | no data | |
| Executive Officer | no data | no data | no data |
1.3yrs
Average Tenure
56yo
Average Age
Experienced Management: EAQ's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 1.9yrs | US$1.58m | 0.53% $ 859.1k | |
| Independent Director | 31.3yrs | US$81.01k | 2.13% $ 3.5m | |
| Independent Director | 35.3yrs | US$75.51k | 1.28% $ 2.1m | |
| Independent Chairman | 9yrs | US$129.26k | 0.53% $ 868.9k | |
| Independent Director | 5yrs | US$81.00k | 0.29% $ 472.9k | |
| Independent Director | 1.9yrs | US$81.00k | 0.17% $ 283.2k | |
| Independent Director | 8.1yrs | US$81.53k | 1.01% $ 1.6m |
8.1yrs
Average Tenure
72yo
Average Age
Experienced Board: EAQ's board of directors are considered experienced (8.1 years average tenure).