BlueLinx Holdings Management

Management criteria checks 1/4

BlueLinx Holdings' CEO is Shyam Reddy, appointed in Mar 2023, has a tenure of 1.67 years. total yearly compensation is $4.91M, comprised of 14.8% salary and 85.2% bonuses, including company stock and options. directly owns 0.45% of the company’s shares, worth €4.76M. The average tenure of the management team and the board of directors is 1.5 years and 3.8 years respectively.

Key information

Shyam Reddy

Chief executive officer

US$4.9m

Total compensation

CEO salary percentage	14.8%
CEO tenure	1.7yrs
CEO ownership	0.5%
Management average tenure	1.5yrs
Board average tenure	3.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Shyam Reddy's remuneration changed compared to BlueLinx Holdings's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 28 2024	n/a	n/a	US$30m
Jun 29 2024	n/a	n/a	US$38m
Mar 30 2024	n/a	n/a	US$48m
Dec 30 2023	US$5m	US$726k	US$49m
Sep 30 2023	n/a	n/a	US$99m
Jul 01 2023	n/a	n/a	US$134m
Apr 01 2023	n/a	n/a	US$181m
Dec 31 2022	US$3m	US$502k	US$296m
Oct 01 2022	n/a	n/a	US$338m
Jul 02 2022	n/a	n/a	US$325m
Apr 02 2022	n/a	n/a	US$368m
Jan 01 2022	US$2m	US$482k	US$296m
Oct 02 2021	n/a	n/a	US$242m
Jul 03 2021	n/a	n/a	US$250m
Apr 03 2021	n/a	n/a	US$144m
Jan 02 2021	US$1m	US$453k	US$81m
Sep 26 2020	n/a	n/a	US$51m
Jun 27 2020	n/a	n/a	-US$11m
Mar 28 2020	n/a	n/a	-US$12m
Dec 28 2019	n/a	n/a	-US$18m
Sep 28 2019	n/a	n/a	-US$24m
Jun 29 2019	n/a	n/a	-US$26m
Mar 30 2019	n/a	n/a	-US$41m
Dec 29 2018	US$722k	US$447k	-US$48m
Sep 29 2018	n/a	n/a	US$22m
Jun 30 2018	n/a	n/a	US$37m
Mar 31 2018	n/a	n/a	US$49m
Dec 30 2017	US$735k	US$413k	US$63m

Compensation vs Market: Shyam's total compensation ($USD4.91M) is above average for companies of similar size in the German market ($USD1.44M).

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

CEO

Shyam Reddy (49 yo)

1.7yrs

Tenure

US$4,908,519

Compensation

Mr. Shyam K. Reddy serves as President and CEO of BlueLinx Corp. Mr. Reddy serves as Strategic Advisor at Tribe Capital Growth Corp I. He served as Chief Legal and Sustainability Officer of BlueLinx Holdin...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Shyam Reddy	CEO, President & Director	1.7yrs	US$4.91m	0.45% € 4.8m
R. Wamser	Senior VP	1.3yrs	US$2.52m	0.040% € 424.5k
Tricia Kinney	General Counsel & Corporate Secretary	1.3yrs	US$780.48k	0.0057% € 60.0k
Mitchell Lewis	Director	3.4yrs	US$489.94k	0.42% € 4.4m
Chad Lee	Vice President of Distribution & Operations	less than a year	no data	no data
Kimberly DeBrock	VP & Chief Accounting Officer	1.2yrs	no data	no data
Thomas Morabito	Investor Relations Officer	no data	no data	no data
Sean Dwyer	Chief Strategy & Corporate Development Officer	2.8yrs	no data	no data
Michael Wilson	Chief Commercial Officer	3.4yrs	no data	0.023% € 238.8k

1.5yrs

Average Tenure

57yo

Average Age

Experienced Management: FZG1's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Shyam Reddy	CEO, President & Director	1.7yrs	US$4.91m	0.45% € 4.8m
Mitchell Lewis	Director	10.8yrs	US$489.94k	0.42% € 4.4m
J. Smith	Independent Director	7.5yrs	US$240.03k	0.16% € 1.6m
Marietta Zakas	Independent Director	2.2yrs	US$225.03k	0.030% € 320.6k
Kim Fennebresque	Independent Non-Executive Chairman & Lead Director	11.5yrs	US$364.99k	0.090% € 946.3k
Carol Yancey	Independent Director	3.8yrs	US$264.31k	0.073% € 766.9k
Dominic DiNapoli	Independent Director	8.5yrs	US$240.03k	0.061% € 641.3k
Kevin Haas	Independent Director	2.3yrs	US$238.73k	0.030% € 320.6k
Anuj Dhanda	Independent Director	1.5yrs	US$190.63k	0.019% € 196.2k

3.8yrs

Average Tenure

62yo

Average Age

Experienced Board: FZG1's board of directors are considered experienced (3.8 years average tenure).

BlueLinx Holdings Management

Management criteria checks 1/4

Key information

Recent management updates

BlueLinx Holdings Inc., Annual General Meeting, May 16, 2024

Bluelinx Holdings Inc. Appoints Mike Wilson as Chief Commercial Officer

Director recently sold €857k worth of stock

Director recently sold €1.0m worth of stock

Director recently sold €1.7m worth of stock

BlueLinx Holdings Inc. Announces Executive Changes

Recent updates

Investor sentiment improves as stock rises 19%

Third quarter 2024 earnings released: EPS: US$1.88 (vs US$2.73 in 3Q 2023)

BlueLinx Holdings Inc. to Report Q3, 2024 Results on Oct 29, 2024

Investor sentiment deteriorates as stock falls 18%

Second quarter 2024 earnings released: EPS: US$1.65 (vs US$2.71 in 2Q 2023)

New minor risk - Share price stability

Investor sentiment improves as stock rises 24%

BlueLinx Holdings Inc. to Report Q2, 2024 Results on Jul 30, 2024

First quarter 2024 earnings released: EPS: US$2.02 (vs US$1.97 in 1Q 2023)

BlueLinx Holdings Inc., Annual General Meeting, May 16, 2024

Bluelinx Holdings Inc. Appoints Mike Wilson as Chief Commercial Officer

Director recently sold €857k worth of stock

Full year 2023 earnings released: EPS: US$5.40 (vs US$31.75 in FY 2022)

Now 22% overvalued after recent price rise

BlueLinx Holdings Inc. to Report Q4, 2023 Results on Feb 20, 2024

Investor sentiment improves as stock rises 15%

New major risk - Revenue and earnings growth

New minor risk - Share price stability

BlueLinx Holdings Inc. (NYSE:BXC) announces an Equity Buyback for $100 million worth of its shares.

Third quarter 2023 earnings released: EPS: US$2.72 (vs US$6.45 in 3Q 2022)

BlueLinx Holdings Inc. to Report Q3, 2023 Results on Oct 31, 2023

Now 20% undervalued after recent price drop

Director recently sold €1.0m worth of stock

Director recently sold €1.7m worth of stock

New major risk - Revenue and earnings growth

Second quarter 2023 earnings released: EPS: US$2.70 (vs US$7.64 in 2Q 2022)

BlueLinx Holdings Inc. to Report Q2, 2023 Results on Aug 01, 2023

BlueLinx Holdings Inc. Announces Executive Changes

BlueLinx Holdings Inc. Appoints Tricia Kinney as General Counsel and Corporate Secretary, Effective July 31, 2023

High number of new directors

BlueLinx Holdings Inc. Appoints Anuj Dhanda as Director

BlueLinx Holdings Inc. Announces Resignation of Kevin A. Henry as Chief People Officer

Investor sentiment improves as stock rises 15%

First quarter 2023 earnings released: EPS: US$1.96 (vs US$13.73 in 1Q 2022)

Full year 2022 earnings released: EPS: US$31.75 (vs US$30.80 in FY 2021)

BlueLinx Holdings Inc. to Report Q4, 2022 Results on Feb 21, 2023

Third quarter 2022 earnings released: EPS: US$6.45 (vs US$4.86 in 3Q 2021)

BlueLinx Holdings Inc. to Report Q3, 2022 Results on Nov 01, 2022

Investor sentiment improved over the past week

Shyam K. Reddy to End His Employment with the BlueLinx Holdings Inc., as Senior Vice President, Chief Legal and Sustainability Officer and Corporate Secretary Effective December 31, 2022

BlueLinx Expands Board of Directors

Second quarter 2022 earnings released: EPS: US$7.64 (vs US$11.88 in 2Q 2021)

BlueLinx Holdings Inc. to Report Q2, 2022 Results on Aug 02, 2022

First quarter 2022 earnings released: EPS: US$13.72 (vs US$6.54 in 1Q 2021)

BlueLinx Holdings Inc., Annual General Meeting, May 19, 2022

BlueLinx Holdings Inc. to Report Q1, 2022 Results on May 03, 2022

BlueLinx Holdings Inc. Appoints Joshua Teteak as Chief Supply Chain Officer

Bluelinx Holdings Inc. Appoints Adam K. Bowen as Vice President and Chief Accounting Officer

Independent Director recently sold €386k worth of stock

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

BlueLinx Appoints Kevin Alan Henry as Chief People Officer, Effective March 1, 2022

BlueLinx Holdings Inc. to Report Q4, 2021 Results on Feb 22, 2022

BlueLinx Holdings Inc. Appoints Sean Dwyer as Chief Strategy and Corporate Development Officer

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS US$4.85 (vs US$5.83 in 3Q 2020)

Key Executive recently sold €754k worth of stock

Investor sentiment improved over the past week

Chief Administrative Officer recently sold €1.9m worth of stock

BlueLinx Holdings Inc. (NYSE:BXC) announces an Equity Buyback for $25 million worth of its shares.

Investor sentiment improved over the past week

Second quarter 2021 earnings released: EPS US$11.88 (vs US$0.71 in 2Q 2020)

Investor sentiment deteriorated over the past week

Executive Officer Alexander Averitt has left the company

BlueLinx Holdings Inc.(NYSE:BXC) dropped from Russell 3000E Value Index

Independent Director has left the company

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Full year 2020 earnings released: EPS US$8.58 (vs US$1.89 loss in FY 2019)