Masonite International Management
Management criteria checks 3/4
Masonite International's CEO is Howard Heckes, appointed in Jun 2019, has a tenure of 4.92 years. total yearly compensation is $7.04M, comprised of 13.8% salary and 86.2% bonuses, including company stock and options. directly owns 0.51% of the company’s shares, worth €13.87M. The average tenure of the management team and the board of directors is 4.8 years and 10.3 years respectively.
Key information
Howard Heckes
Chief executive officer
US$7.0m
Total compensation
| CEO salary percentage | 13.8% |
| CEO tenure | 4.9yrs |
| CEO ownership | 0.5% |
| Management average tenure | 4.8yrs |
| Board average tenure | 10.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$141m |
| Dec 31 2023 | US$7m | US$972k | US$118m |
| Oct 01 2023 | n/a | n/a | US$159m |
| Jul 02 2023 | n/a | n/a | US$175m |
| Apr 02 2023 | n/a | n/a | US$185m |
| Jan 01 2023 | US$8m | US$910k | US$214m |
| Oct 02 2022 | n/a | n/a | US$158m |
| Jul 03 2022 | n/a | n/a | US$139m |
| Apr 03 2022 | n/a | n/a | US$115m |
| Jan 02 2022 | US$5m | US$890k | US$95m |
| Oct 03 2021 | n/a | n/a | US$147m |
| Jul 04 2021 | n/a | n/a | US$87m |
| Apr 04 2021 | n/a | n/a | US$86m |
| Jan 03 2021 | US$6m | US$869k | US$69m |
| Sep 27 2020 | n/a | n/a | US$44m |
| Jun 28 2020 | n/a | n/a | US$80m |
| Mar 29 2020 | n/a | n/a | US$71m |
| Dec 29 2019 | US$3m | US$474k | US$45m |
Compensation vs Market: Howard's total compensation ($USD7.04M) is above average for companies of similar size in the German market ($USD2.29M).
Compensation vs Earnings: Howard's compensation has been consistent with company performance over the past year.
CEO
Howard Heckes (58 yo)
4.9yrs
Tenure
US$7,035,842
Compensation
Mr. Howard Carl Heckes serves as Independent Director at The AZEK Company Inc. since November 18, 2020. Mr. Heckes has been President and Chief Executive Officer of Masonite International Corporation since...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.9yrs | US$7.04m | 0.51% € 13.9m | |
| Executive VP & CFO | 8.5yrs | US$2.29m | 0.26% € 7.0m | |
| Senior Vice President of Global Operations & Supply Chain | 6.7yrs | US$1.59m | 0.096% € 2.6m | |
| Senior Vice President of Human Resources | 6.3yrs | US$1.57m | 0.12% € 3.3m | |
| President of Global Residential Door Business | 2.7yrs | US$1.94m | 0.011% € 303.2k | |
| VP & Chief Accounting Officer | less than a year | no data | 0.026% € 701.7k | |
| Senior VP & Chief Information Officer | 5.3yrs | no data | no data | |
| Director of Investor Relations | 2.5yrs | no data | no data | |
| Senior VP | 2.1yrs | no data | 0.057% € 1.5m | |
| Director of External Communications | no data | no data | no data | |
| Senior VP & Chief Marketing Officer | 3.8yrs | no data | no data | |
| Senior VP & Chief Innovation Officer | 4.8yrs | no data | no data |
4.8yrs
Average Tenure
52yo
Average Age
Experienced Management: MII's management team is considered experienced (4.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.9yrs | US$7.04m | 0.51% € 13.9m | |
| Independent Director | 14.9yrs | US$227.50k | 0.084% € 2.3m | |
| Independent Director | 10.8yrs | US$210.00k | 0.054% € 1.5m | |
| Independent Director | 14.9yrs | US$230.00k | 0.044% € 1.2m | |
| Independent Director | 10.3yrs | US$227.50k | 0.056% € 1.5m | |
| Independent Chairman of the Board | 14.9yrs | US$330.00k | 0.13% € 3.4m | |
| Independent Director | 2.8yrs | US$210.00k | 0.0054% € 146.2k | |
| Independent Director | 3.5yrs | US$210.00k | 0.023% € 625.4k | |
| Independent Director | 6.3yrs | US$210.00k | 0.032% € 851.7k |
10.3yrs
Average Tenure
62yo
Average Age
Experienced Board: MII's board of directors are seasoned and experienced ( 10.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/05/15 02:12 |
| End of Day Share Price | 2024/05/15 00:00 |
| Earnings | 2024/03/31 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| 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
Masonite International Corporation is covered by 17 analysts. 3 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 |
| Reuben Garner | Benchmark Company |
| Alexander Rygiel | B. Riley Securities, Inc. |