Griffon Management
Management criteria checks 3/4
Griffon's CEO is Ron Kramer, appointed in Apr 2008, has a tenure of 16.75 years. total yearly compensation is $13.11M, comprised of 9.2% salary and 90.8% bonuses, including company stock and options. directly owns 3.98% of the company’s shares, worth €134.50M. The average tenure of the management team and the board of directors is 12.1 years and 6.5 years respectively.
Key information
Ron Kramer
Chief executive officer
US$13.1m
Total compensation
| CEO salary percentage | 9.2% |
| CEO tenure | 16.8yrs |
| CEO ownership | 4.0% |
| Management average tenure | 12.1yrs |
| Board average tenure | 6.5yrs |
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 ($USD1.91M).
Compensation vs Earnings: Ron's compensation has been consistent with company performance over the past year.
CEO
Ron Kramer (66 yo)
16.8yrs
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 | 16.8yrs | US$13.11m | 3.98% € 134.5m | |
| President & COO | 12.1yrs | US$4.80m | 1.47% € 49.6m | |
| Executive VP & CFO | 9.4yrs | US$2.26m | 0.36% € 12.1m | |
| Senior VP | 14.7yrs | US$2.15m | 0.31% € 10.5m | |
| VP & Chief Accounting Officer | no data | no data | 0.099% € 3.4m | |
| 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 | 3.3yrs | no data | no data |
12.1yrs
Average Tenure
58.5yo
Average Age
Experienced Management: GFF's management team is seasoned and experienced (12.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board & CEO | 32yrs | US$13.11m | 3.98% € 134.5m | |
| Independent Director | 29.9yrs | US$201.50k | 0.15% € 5.0m | |
| Independent Director | 5.5yrs | US$243.50k | 0.035% € 1.2m | |
| Independent Director | 6.7yrs | US$238.50k | 0.071% € 2.4m | |
| Independent Director | 4.5yrs | US$246.00k | 0.035% € 1.2m | |
| Independent Director | 5.2yrs | US$219.50k | 0.049% € 1.7m | |
| Independent Director | 6.3yrs | US$197.00k | 0.051% € 1.7m | |
| Independent Director | 9.8yrs | US$247.00k | 0.11% € 3.6m | |
| Independent Director | 11yrs | US$189.50k | 0.040% € 1.4m | |
| Lead Independent Director | 12yrs | US$248.00k | 0.086% € 2.9m | |
| Independent Director | 2.9yrs | US$218.00k | 0.019% € 641.9k | |
| Independent Director | 2.9yrs | US$204.50k | 0.019% € 641.9k |
6.5yrs
Average Tenure
69yo
Average Age
Experienced Board: GFF's board of directors are considered experienced (6.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/05 15:25 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/09/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Griffon Corporation is covered by 14 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Timothy Wojs | Baird |
| Ishan Majumdar | Baptista Research |
| Robert Labick | CJS Securities, Inc. |