Masco Management

Management criteria checks 2/4

Masco's CEO is Keith Allman, appointed in Feb 2014, has a tenure of 10.25 years. total yearly compensation is $12.48M, comprised of 10.2% salary and 89.8% bonuses, including company stock and options. directly owns 0.086% of the company’s shares, worth €12.15M. The average tenure of the management team and the board of directors is 5.7 years and 9.6 years respectively.

Key information

Keith Allman

Chief executive officer

US$12.5m

Total compensation

CEO salary percentage	10.2%
CEO tenure	10.3yrs
CEO ownership	0.09%
Management average tenure	5.7yrs
Board average tenure	9.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Keith Allman's remuneration changed compared to Masco's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$918m
Dec 31 2023	US$12m	US$1m	US$908m
Sep 30 2023	n/a	n/a	US$831m
Jun 30 2023	n/a	n/a	US$801m
Mar 31 2023	n/a	n/a	US$813m
Dec 31 2022	US$6m	US$1m	US$842m
Sep 30 2022	n/a	n/a	US$863m
Jun 30 2022	n/a	n/a	US$863m
Mar 31 2022	n/a	n/a	US$552m
Dec 31 2021	US$13m	US$1m	US$406m
Sep 30 2021	n/a	n/a	US$462m
Jun 30 2021	n/a	n/a	US$516m
Mar 31 2021	n/a	n/a	US$760m
Dec 31 2020	US$14m	US$1m	US$801m
Sep 30 2020	n/a	n/a	US$765m
Jun 30 2020	n/a	n/a	US$654m
Mar 31 2020	n/a	n/a	US$656m
Dec 31 2019	US$9m	US$1m	US$633m
Sep 30 2019	n/a	n/a	US$595m
Jun 30 2019	n/a	n/a	US$602m
Mar 31 2019	n/a	n/a	US$587m
Dec 31 2018	US$12m	US$1m	US$629m
Sep 30 2018	n/a	n/a	US$591m
Jun 30 2018	n/a	n/a	US$573m
Mar 31 2018	n/a	n/a	US$539m
Dec 31 2017	US$12m	US$1m	US$421m

Compensation vs Market: Keith's total compensation ($USD12.48M) is above average for companies of similar size in the German market ($USD5.55M).

Compensation vs Earnings: Keith's compensation has increased by more than 20% in the past year.

CEO

Keith Allman (60 yo)

10.3yrs

Tenure

US$12,476,381

Compensation

Mr. Keith J. Allman has been the Chief Executive Officer and President at Masco Corporation since February 14, 2014. Mr. Allman served as the Group President of Masco Corporation from November 22, 2011 to...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Keith Allman	President	10.3yrs	US$12.48m	0.086% $ 12.2m
Richard Westenberg	VP, CFO & Treasurer	less than a year	US$2.54m	no data
Kenneth Cole	VP, General Counsel & Secretary	10.8yrs	US$2.50m	0.025% $ 3.6m
Jai Shah	Group President of Plumbing Products	no data	US$2.87m	0.0072% $ 1.0m
Imran Ahmad	Group President of Decorative Architectural Products	1.3yrs	US$2.75m	0.0032% $ 457.6k
Robin Zondervan	VP, Chief Accounting Officer and Investor Relations/FP&A	2.3yrs	no data	0.0028% $ 397.1k
Sue Sabo	Director of Corporate Communications	no data	no data	no data
Renee Straber	VP & Chief Human Resource Officer	9.6yrs	no data	0.015% $ 2.2m
Ken Roberts	President of Delta Faucet Company	5.7yrs	no data	no data

5.7yrs

Average Tenure

54.5yo

Average Age

Experienced Management: MSQ's management team is seasoned and experienced (5.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Keith Allman	President	10.3yrs	US$12.48m	0.086% $ 12.2m
John Plant	Independent Director	12yrs	US$289.84k	0.017% $ 2.3m
Lisa Payne	Independent Chair of Board	17.4yrs	US$489.84k	0.017% $ 2.4m
Donald Parfet	Independent Director	11.4yrs	US$294.84k	0.016% $ 2.2m
Mark Alexander	Independent Director	9.6yrs	US$289.86k	0.014% $ 1.9m
Charles Stevens	Independent Director	6.3yrs	US$314.84k	0.0033% $ 470.3k
Jonathon Nudi	Independent Director	less than a year	US$257.70k	0% $ 0
Christopher O'Herlihy	Independent Director	11.3yrs	US$314.84k	0.017% $ 2.4m
Marie Ffolkes	Independent Director	6.7yrs	US$309.84k	0.0048% $ 678.7k
Sandeep Reddy	Independent Director	less than a year	US$234.35k	0% $ 0
Aine Denari	Independent Director	1.9yrs	US$294.84k	0% $ 0

9.6yrs

Average Tenure

59yo

Average Age

Experienced Board: MSQ's board of directors are considered experienced (9.6 years average tenure).

Masco Management

Management criteria checks 2/4

Key information

Recent management updates

Masco Corporation, Annual General Meeting, May 10, 2024

Masco Corporation, Annual General Meeting, May 10, 2024

VP, General Counsel & Secretary recently sold €1.5m worth of stock

Group President of Plumbing Products recently sold €1.4m worth of stock

Masco Corporation Names Richard Westenberg as Chief Financial Officer, Effective October 16, 2023

VP & Chief Human Resource Officer recently sold €863k worth of stock

Recent updates

First quarter 2024 earnings released: EPS: US$0.97 (vs US$0.91 in 1Q 2023)

Masco Corporation, Annual General Meeting, May 10, 2024

Masco Corporation, Annual General Meeting, May 10, 2024

Masco Corporation to Report Q1, 2024 Results on Apr 24, 2024

VP, General Counsel & Secretary recently sold €1.5m worth of stock

Upcoming dividend of US$0.29 per share at 1.6% yield

Fourth quarter dividend of US$0.29 announced

Full year 2023 earnings released: EPS: US$4.02 (vs US$3.65 in FY 2022)

Masco Corporation Provides Earnings Guidance for the Year Ending December 31, 2024

Masco Corporation to Report Q4, 2023 Results on Feb 08, 2024

Group President of Plumbing Products recently sold €1.4m worth of stock

Now 20% undervalued after recent price drop

Upcoming dividend of US$0.28 per share at 2.2% yield

Masco Corporation Declares Quarterly Dividend, Payable on November 27, 2023

Third quarter 2023 earnings released: EPS: US$1.10 (vs US$0.97 in 3Q 2022)

Now 21% undervalued after recent price drop

Masco Corporation to Report Q3, 2023 Results on Oct 26, 2023

Masco Corporation Names Richard Westenberg as Chief Financial Officer, Effective October 16, 2023

Upcoming dividend of US$0.28 per share at 1.9% yield

New minor risk - Insider selling

VP & Chief Human Resource Officer recently sold €863k worth of stock

Masco Corporation Provides Earnings Guidance for the Year Ending December 31, 2023

Second quarter 2023 earnings released: EPS: US$1.16 (vs US$1.20 in 2Q 2022)

Masco Corporation to Report Q2, 2023 Results on Jul 27, 2023

Masco Corporation(NYSE:MAS) dropped from Russell 1000 Growth Index

Upcoming dividend of US$0.28 per share at 2.2% yield

Masco Corporation Declares Quarterly Dividend, Payable on June 12, 2023

First quarter 2023 earnings released: EPS: US$0.91 (vs US$0.98 in 1Q 2022)

Upcoming dividend of US$0.28 per share at 2.1% yield

Full year 2022 earnings released: EPS: US$3.64 (vs US$1.63 in FY 2021)

Masco Corporation Provides Earnings Guidance for the Year Ending December 31, 2023

Masco Corporation, Annual General Meeting, May 11, 2023

Masco Corporation Announces Resignation of John G. Sznewajs as Chief Financial Officer

Masco Corporation to Report Q4, 2022 Results on Feb 09, 2023

Now 23% undervalued after recent price drop

Independent Director recently sold €465k worth of stock

Insufficient new directors

Masco Corporation Announces Executive Changes

Upcoming dividend of US$0.28 per share

Independent Director recently sold €52k worth of stock

Third quarter 2022 earnings released: EPS: US$0.96 (vs US$0.89 in 3Q 2021)

Masco Seeks M&A

Masco Corporation to Report Q3, 2022 Results on Oct 26, 2022

Upcoming dividend of US$0.28 per share

Second quarter 2022 earnings released: EPS: US$1.19 (vs US$0.14 loss in 2Q 2021)

Masco Corporation Declares A Quarterly Dividend Payable on August 29, 2022

Masco Corporation to Report Q2, 2022 Results on Jul 28, 2022

Investor sentiment deteriorated over the past week

Independent Director recently sold €368k worth of stock

Masco Corporation Appoints Aine L. Denari as A Class II Director Effective June 1, 2022

Masco Corporation Declares Quarterly Dividend, Payable on June 13, 2022

First quarter 2022 earnings released: EPS: US$0.98 (vs US$0.34 in 1Q 2021)

Insufficient new directors

Upcoming dividend of US$0.28 per share

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Masco Corporation Announces Impairment Charge for Goodwill for the Three Months Ended December 31, 2021

Masco Corporation Elects Robin Zondervan as Vice President, Controller and Chief Accounting Officer, Effective February 14, 2022

Upcoming dividend of US$0.23 per share

Third quarter 2021 earnings released: EPS US$0.89 (vs US$1.05 in 3Q 2020)

Upcoming dividend of US$0.23 per share

Second quarter 2021 earnings released: US$0.14 loss per share (vs US$0.79 profit in 2Q 2020)

Masco Corporation (NYSE:MAS) acquired Steamist Co., Inc. from RAF Industries, Inc.

AURELIUS Equity Opportunities SE & Co. KGaA (XTRA:AR4) completed the acquisition of Hüppe GmbH from Masco Corporation (NYSE:MAS).

Independent Director recently sold €167k worth of stock

Upcoming dividend of US$0.23 per share

Masco Corporation Declares Quarterly Dividend, Payable on June 14, 2021

First quarter 2021 earnings released: EPS US$0.37 (vs US$0.47 in 1Q 2020)

Masco Corporation Provides Earnings Guidance for the Year Ended December 31, 2021

VP & Chief Human Resource Officer recently sold €375k worth of stock