TPI Composites, Inc.

DB:GX6 Stock Report

Market Cap: €123.3m

TPI Composites Management

Management criteria checks 3/4

TPI Composites' CEO is Bill Siwek, appointed in May 2019, has a tenure of 5.5 years. total yearly compensation is $2.32M, comprised of 38.5% salary and 61.5% bonuses, including company stock and options. directly owns 0.44% of the company’s shares, worth €540.05K. The average tenure of the management team and the board of directors is 3.9 years and 5.8 years respectively.

Key information

Bill Siwek

Chief executive officer

US$2.3m

Total compensation

CEO salary percentage38.5%
CEO tenure5.5yrs
CEO ownership0.4%
Management average tenure3.9yrs
Board average tenure5.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Bill Siwek's remuneration changed compared to TPI Composites's earnings?
DateTotal CompensationSalaryCompany Earnings
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$214m

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 ($USD2.32M) is above average for companies of similar size in the German market ($USD486.57K).

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

CEO

Bill Siwek (61 yo)

5.5yrs

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
President5.5yrsUS$2.32m0.44%
€ 540.1k
Ryan Miller
Chief Financial Officer2.5yrsUS$1.13m0.047%
€ 57.7k
Steven Fishbach
General Counsel & Secretary9.8yrsUS$727.06k0.24%
€ 290.7k
Charles Stroo
Chief Operating Officerless than a yearno datano data
Adan Gossar
Chief Accounting Officer4.3yrsUS$1.19m0.15%
€ 189.0k
Nicholas Warchol
Senior Vice President of Technology & Engineering1.8yrsno datano data
Theo Gibson
Chief Information Officer5.2yrsno datano data
Jason Wegmann
Vice President of IR & ESGno datano datano data
Deane Ilukowicz
Chief People Officer7yrsno datano data
James Schimanski
Senior Vice President of Global Supply Chain3.5yrsno datano data
Thomas Adams
Senior Vice President - Windno datano datano data
Gokhan Serdar
Senior Vice President of Turkey2.9yrsno datano data

3.9yrs

Average Tenure

50yo

Average Age

Experienced Management: GX6's management team is considered experienced (3.9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
William Siwek
President4.5yrsUS$2.32m0.44%
€ 540.1k
Paul Giovacchini
Lead Independent Director18.8yrsUS$238.75k0.17%
€ 214.8k
James Hughes
Independent Director9.1yrsUS$203.75k0.095%
€ 117.6k
Edward Hall
Independent Directorless than a yearno data0.015%
€ 18.1k
Steven Lockard
Independent Chairman of the Board20.8yrsUS$287.50k0.93%
€ 1.1m
Jayshree Desai
Independent Director7.2yrsUS$223.75k0.083%
€ 102.2k
Andrew Moir
Board Observerless than a yearUS$260.00k0.020%
€ 24.3k
Tyrone Jordan
Independent Director5.8yrsUS$206.25k0.071%
€ 87.8k
Bavan Holloway
Independent Director4.2yrsUS$211.25k0.050%
€ 61.4k

5.8yrs

Average Tenure

61yo

Average Age

Experienced Board: GX6's board of directors are considered experienced (5.8 years average tenure).