Griffon Management
Management criteria checks 3/4
Griffon's CEO is Ron Kramer, appointed in Apr 2008, has a tenure of 16.58 years. total yearly compensation is $13.11M, comprised of 9.2% salary and 90.8% bonuses, including company stock and options. directly owns 3.99% of the company’s shares, worth €150.66M. The average tenure of the management team and the board of directors is 11.9 years and 6.3 years respectively.
Key information
Ron Kramer
Chief executive officer
US$13.1m
Total compensation
| CEO salary percentage | 9.2% |
| CEO tenure | 16.6yrs |
| CEO ownership | 4.0% |
| Management average tenure | 11.9yrs |
| Board average tenure | 6.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$210m |
| Jun 30 2024 | n/a | n/a | US$189m |
| Mar 31 2024 | n/a | n/a | US$197m |
| Dec 31 2023 | n/a | n/a | US$71m |
| Sep 30 2023 | US$13m | US$1m | US$78m |
| Jun 30 2023 | n/a | n/a | -US$380m |
| Mar 31 2023 | n/a | n/a | -US$376m |
| Dec 31 2022 | n/a | n/a | -US$256m |
| Sep 30 2022 | US$14m | US$1m | -US$288m |
| Jun 30 2022 | n/a | n/a | US$140m |
| Mar 31 2022 | n/a | n/a | US$102m |
| Dec 31 2021 | n/a | n/a | US$62m |
| Sep 30 2021 | US$20m | US$1m | US$70m |
| Jun 30 2021 | n/a | n/a | US$67m |
| Mar 31 2021 | n/a | n/a | US$74m |
| Dec 31 2020 | n/a | n/a | US$57m |
| Sep 30 2020 | US$16m | US$1m | US$41m |
| Jun 30 2020 | n/a | n/a | US$50m |
| Mar 31 2020 | n/a | n/a | US$42m |
| Dec 31 2019 | n/a | n/a | US$47m |
| Sep 30 2019 | US$12m | US$1m | US$25m |
| Jun 30 2019 | n/a | n/a | US$30m |
| Mar 31 2019 | n/a | n/a | US$24m |
| Dec 31 2018 | n/a | n/a | US$19m |
| Sep 30 2018 | US$14m | US$1m | US$33m |
Compensation vs Market: Ron's total compensation ($USD13.11M) is above average for companies of similar size in the German market ($USD1.90M).
Compensation vs Earnings: Ron's compensation has been consistent with company performance over the past year.
CEO
Ron Kramer (66 yo)
16.6yrs
Tenure
US$13,109,546
Compensation
Mr. Ronald J. Kramer, also known as Ron, is Independent Non-Executive Director at Entain plc since March 12, 2024. He serves as Independent Director of Franklin BSP Lending Corporation (formerly known as B...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board & CEO | 16.6yrs | US$13.11m | 3.99% € 150.7m | |
| President & COO | 11.9yrs | US$4.80m | 1.5% € 56.7m | |
| Executive VP & CFO | 9.3yrs | US$2.26m | 0.42% € 15.7m | |
| Senior VP | 14.5yrs | US$2.15m | 0.36% € 13.6m | |
| VP & Chief Accounting Officer | no data | no data | 0.12% € 4.6m | |
| Senior Vice President of Operations | no data | no data | no data | |
| Vice President of Sustainability | no data | no data | no data | |
| President of Clopay Corporation | 3.1yrs | no data | no data |
11.9yrs
Average Tenure
58.5yo
Average Age
Experienced Management: GFF's management team is seasoned and experienced (11.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board & CEO | 31.8yrs | US$13.11m | 3.99% € 150.7m | |
| Independent Director | 29.8yrs | US$201.50k | 0.15% € 5.6m | |
| Independent Director | 5.3yrs | US$243.50k | 0.035% € 1.3m | |
| Independent Director | 6.5yrs | US$238.50k | 0.071% € 2.7m | |
| Independent Director | 4.3yrs | US$246.00k | 0.035% € 1.3m | |
| Independent Director | 5yrs | US$219.50k | 0.049% € 1.9m | |
| Independent Director | 6.2yrs | US$197.00k | 0.051% € 1.9m | |
| Independent Director | 9.6yrs | US$247.00k | 0.11% € 4.0m | |
| Independent Director | 10.8yrs | US$189.50k | 0.076% € 2.9m | |
| Lead Independent Director | 11.8yrs | US$248.00k | 0.086% € 3.3m | |
| Independent Director | 2.8yrs | US$218.00k | 0.019% € 717.6k | |
| Independent Director | 2.8yrs | US$204.50k | 0.019% € 717.6k |
6.3yrs
Average Tenure
69yo
Average Age
Experienced Board: GFF's board of directors are considered experienced (6.3 years average tenure).