TPI Composites, Inc.

DB:GX6 Stock Report

Market Cap: €72.7m

TPI Composites Management

Management criteria checks 3/4

TPI Composites' CEO is Bill Siwek, appointed in May 2019, has a tenure of 5.67 years. total yearly compensation is $2.32M, comprised of 38.5% salary and 61.5% bonuses, including company stock and options. directly owns 0.46% of the company’s shares, worth €333.54K. The average tenure of the management team and the board of directors is 4.1 years and 5.3 years respectively.

Key information

Bill Siwek

Chief executive officer

US$2.3m

Total compensation

CEO salary percentage38.5%
CEO tenure5.7yrs
CEO ownership0.5%
Management average tenure4.1yrs
Board average tenure5.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Bill Siwek's remuneration changed compared to TPI Composites's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$191m

Jun 30 2024n/an/a

-US$195m

Mar 31 2024n/an/a

-US$208m

Dec 31 2023US$2mUS$891k

-US$172m

Sep 30 2023n/an/a

-US$184m

Jun 30 2023n/an/a

-US$163m

Mar 31 2023n/an/a

-US$114m

Dec 31 2022US$4mUS$854k

-US$114m

Sep 30 2022n/an/a

-US$162m

Jun 30 2022n/an/a

-US$171m

Mar 31 2022n/an/a

-US$186m

Dec 31 2021US$3mUS$829k

-US$162m

Sep 30 2021n/an/a

-US$67m

Jun 30 2021n/an/a

US$6m

Mar 31 2021n/an/a

-US$20m

Dec 31 2020US$3mUS$725k

-US$85m

Sep 30 2020n/an/a

-US$25m

Jun 30 2020n/an/a

-US$72m

Mar 31 2020n/an/a

-US$4m

Dec 31 2019US$2mUS$570k

-US$16m

Sep 30 2019n/an/a

-US$24m

Jun 30 2019n/an/a

-US$10m

Mar 31 2019n/an/a

-US$15m

Dec 31 2018US$2mUS$498k

US$5m

Compensation vs Market: Bill's total compensation ($USD2.32M) is above average for companies of similar size in the German market ($USD459.71K).

Compensation vs Earnings: Bill's compensation has been consistent with company performance over the past year.

CEO

Bill Siwek (61 yo)

5.7yrs

Tenure

US$2,315,261

Compensation

Mr. William E. Siwek, also known as Bill, has been President at TPI Composites, Inc. since May 13, 2019 and has been its Chief Executive Officer and Director since May 20, 2020. He served as the Chief Fina...

Leadership Team

NamePositionTenureCompensationOwnership
William Siwek
President5.7yrsUS$2.32m0.46%
€ 333.5k
Ryan Miller
Chief Financial Officer2.7yrsUS$1.13m0.068%
€ 49.2k
Steven Fishbach
General Counsel & Secretary10yrsUS$727.06k0.24%
€ 171.3k
Charles Stroo
Chief Operating Officer1.2yrsno data0.092%
€ 66.8k
Adan Gossar
Chief Accounting Officer4.5yrsUS$1.19m0.15%
€ 111.4k
Nicholas Warchol
Senior Vice President of Technology & Engineering2yrsno datano data
Theo Gibson
Chief Information Officer5.3yrsno datano data
Jason Wegmann
Vice President of IR & ESGno datano datano data
Deane Ilukowicz
Chief People Officer7.2yrsno datano data
James Schimanski
Senior Vice President of Global Supply Chain3.7yrsno datano data
Thomas Adams
Senior Vice President - Windno datano datano data
Gokhan Serdar
Senior Vice President of Turkey3.1yrsno datano data

4.1yrs

Average Tenure

50yo

Average Age

Experienced Management: GX6's management team is considered experienced (4.1 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
William Siwek
President4.7yrsUS$2.32m0.46%
€ 333.5k
Paul Giovacchini
Lead Independent Director19yrsUS$238.75k0.17%
€ 126.6k
James Hughes
Independent Director9.3yrsUS$203.75k0.095%
€ 69.3k
Edward Hall
Independent Directorless than a yearno data0.015%
€ 10.7k
Steven Lockard
Independent Chairman of the Board21yrsUS$287.50k0.93%
€ 675.0k
Jennifer Lowry
Directorless than a yearno datano data
Jayshree Desai
Independent Director7.3yrsUS$223.75k0.083%
€ 60.2k
Andrew Moir
Board Observerless than a yearUS$260.00k0.020%
€ 14.3k
Tyrone Jordan
Independent Director6yrsUS$206.25k0.071%
€ 51.8k
Bavan Holloway
Independent Director4.3yrsUS$211.25k0.050%
€ 36.2k

5.3yrs

Average Tenure

61yo

Average Age

Experienced Board: GX6's board of directors are considered experienced (5.3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/11 09:35
End of Day Share Price 2025/01/10 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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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Learn about the world class team who designed and built the Simply Wall St analysis model.

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

TPI Composites, Inc. is covered by 19 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jonathan WindhamBarclays
Julien Dumoulin-SmithBofA Global Research
Dimple GosaiBofA Global Research