ESAB Management

Management criteria checks 2/4

ESAB's CEO is Shyam Kambeyanda, appointed in May 2016, has a tenure of 8.5 years. total yearly compensation is $7.91M, comprised of 13% salary and 87% bonuses, including company stock and options. directly owns 0.089% of the company’s shares, worth €6.49M. The average tenure of the management team and the board of directors is 3.2 years and 2.6 years respectively.

Key information

Shyam Kambeyanda

Chief executive officer

US$7.9m

Total compensation

CEO salary percentage	13.0%
CEO tenure	8.5yrs
CEO ownership	0.09%
Management average tenure	3.2yrs
Board average tenure	2.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Shyam Kambeyanda's remuneration changed compared to ESAB's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 27 2024	n/a	n/a	US$272m
Jun 28 2024	n/a	n/a	US$261m
Mar 29 2024	n/a	n/a	US$244m
Dec 31 2023	US$8m	US$1m	US$216m
Sep 29 2023	n/a	n/a	US$217m
Jun 30 2023	n/a	n/a	US$211m
Mar 31 2023	n/a	n/a	US$200m
Dec 31 2022	US$9m	US$925k	US$225m
Sep 30 2022	n/a	n/a	US$206m
Jul 01 2022	n/a	n/a	US$214m
Apr 01 2022	n/a	n/a	US$235m
Dec 31 2021	US$4m	US$681k	US$235m
Dec 31 2020	US$3m	US$576k	US$157m
Dec 31 2019	US$3m	US$545k	US$173m

Compensation vs Market: Shyam's total compensation ($USD7.91M) is above average for companies of similar size in the German market ($USD3.61M).

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

CEO

Shyam Kambeyanda (53 yo)

8.5yrs

Tenure

US$7,906,335

Compensation

Mr. Shyam P. Kambeyanda serves as Independent Director of Veralto Corporation since September 30, 2023. He has been the Chief Executive Officer and President at ESAB Corporation since May 2016 and also has...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Shyam Kambeyanda	President	8.5yrs	US$7.91m	0.089% € 6.5m
Kevin Johnson	Executive VP & CFO	5.5yrs	US$2.90m	0.019% € 1.4m
Curtis Jewell	Senior VP	2.6yrs	US$1.73m	0.010% € 734.8k
Olivier Biebuyck	President of Fabrication Technology	3.6yrs	US$2.49m	0.0099% € 721.7k
Eleanor Lukens	President of Americas	1.8yrs	US$2.61m	0.0057% € 416.6k
Renato Negro	Chief Accounting Officer	no data	no data	0.010% € 725.4k
Tilea Coleman	Vice President of Corporate Communications	4yrs	no data	no data
Michele Campion	Senior VP & Chief Human Resources Officer	2.6yrs	US$2.06m	0.0039% € 283.3k
Vusa Mlingo	Senior Vice President of Strategy & Business Development	2.8yrs	no data	0.011% € 828.8k
Piyush Sheth	VP & GM of Gas Control	no data	no data	no data

3.2yrs

Average Tenure

52yo

Average Age

Experienced Management: O03's management team is considered experienced (3.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Shyam Kambeyanda	President	2.6yrs	US$7.91m	0.089% € 6.5m
Patrick Allender	Independent Director	2.7yrs	US$255.00k	0.13% € 9.3m
Mitchell Rales	Independent Chairman of the Board	2.6yrs	US$1.00	5.98% € 435.3m
Robert Lutz	Independent Director	2.6yrs	US$235.00k	0% € 0
Rajiv Vinnakota	Independent Director	2.6yrs	US$250.00k	0.013% € 965.7k
Didier P. Teirlinck	Independent Director	2.6yrs	US$235.00k	0% € 0
Rhonda Jordan	Independent Director	2.6yrs	US$250.00k	0.014% € 1.0m
Stephanie Phillipps	Independent Director	2.6yrs	US$235.00k	0.0010% € 74.3k
Melissa Cummings	Independent Director	2.6yrs	US$235.00k	0% € 0

2.6yrs

Average Tenure

66yo

Average Age

Experienced Board: O03's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.

ESAB Management

Management criteria checks 2/4

Key information

Recent management updates

ESAB Corporation, Annual General Meeting, May 09, 2024

Director recently sold €682k worth of stock

Insider recently sold €374k worth of stock

Director recently sold €450k worth of stock

High number of new and inexperienced directors

ESAB Corporation Appoints Melissa Cummings as Audit Committee

Recent updates

159 Plaintiffs Sue Cape, Anglo American, De Beer Group PLC, and ESAB Corp

Third quarter 2024 earnings released: EPS: US$1.14 (vs US$0.98 in 3Q 2023)

ESAB Corporation Updates Earnings Guidance for the Full Year 2024

ESAB Corporation to Report Q3, 2024 Results on Oct 29, 2024

Second quarter dividend of US$0.08 announced

Second quarter 2024 earnings released: EPS: US$1.39 (vs US$1.11 in 2Q 2023)

ESAB Corporation to Report Q2, 2024 Results on Aug 02, 2024

ESAB Corporation entered into an agreement to acquire Linde Industries Private Limited from Linde Bangladesh Limited (DSE:LINDEBD).

First quarter dividend of US$0.06 announced

ESAB Corporation Declares Quarterly Dividend, Payable on July 12, 2024

Now 21% undervalued

First quarter 2024 earnings released: EPS: US$1.01 (vs US$0.54 in 1Q 2023)

Now 21% undervalued

ESAB Corporation to Report Q1, 2024 Results on May 01, 2024

ESAB Corporation, Annual General Meeting, May 09, 2024

Upcoming dividend of US$0.06 per share

Director recently sold €682k worth of stock

Full year 2023 earnings released: EPS: US$3.59 (vs US$3.75 in FY 2022)

ESAB Corporation Provides Earnings Guidance for the Year 2024

Third quarter dividend of US$0.06 announced

ESAB Corporation Board Declares Dividend, Payable on April 12, 2024

ESAB Corporation to Report Q4, 2023 Results on Feb 29, 2024

Upcoming dividend of US$0.06 per share at 0.3% yield

Insider recently sold €374k worth of stock

Investor sentiment improves as stock rises 17%

ESAB Corporation Revises Earnings Guidance for the Year 2023

Third quarter 2023 earnings released: EPS: US$0.98 (vs US$0.88 in 3Q 2022)

ESAB Corporation to Report Q3, 2023 Results on Nov 01, 2023

Upcoming dividend of US$0.06 per share at 0.3% yield

ESAB Corporation Declares a Quarterly Cash Dividend, Payable on October 13, 2023

ESAB Corporation Raises Earning Guidance for the Year 2023

Second quarter 2023 earnings released: EPS: US$1.11 (vs US$0.95 in 2Q 2022)

ESAB Corporation to Report Q2, 2023 Results on Aug 01, 2023

Upcoming dividend of US$0.06 per share at 0.3% yield

Director recently sold €450k worth of stock

ESAB Corporation Declares a Quarterly Cash Dividend, Payable on July 14, 2023

Upcoming dividend of US$0.05 per share at 0.4% yield

Full year 2022 earnings released

ESAB Corporation to Report Q4, 2022 Results on Mar 07, 2023

ESAB Corporation (NYSE:ESAB) acquired Therapy Equipment Limited from Owner Venture Managers Limited.

ESAB Corporation Declares Dividend, Payable on January 13, 2023

ESAB Corporation has completed a Follow-on Equity Offering in the amount of $240.13724 million.

ESAB Corporation has completed a Follow-on Equity Offering in the amount of $240.13724 million.

High number of new and inexperienced directors

ESAB Corporation has completed a Follow-on Equity Offering in the amount of $240.13724 million.

ESAB Launches Sparkweek, A Week-Long Virtual Celebration Showcasing New Product Innovations and Brand Announcements

Third quarter 2022 earnings released

ESAB Corporation (NYSE : ESAB) acquired Ohio Medical Corporation from a private investor group for approximately $130 million.

ESAB Corporation to Report Q3, 2022 Results on Nov 03, 2022

Upcoming dividend of US$0.05 per share

ESAB Corporation Declares Quarterly Cash Dividend, Payable on October 14, 2022

Second quarter 2022 earnings released

ESAB Corporation Reaffirms Earnings Guidance for the Full Year 2022

ESAB Corporation Appoints Melissa Cummings as Audit Committee

ESAB Corporation to Report Q2, 2022 Results on Aug 09, 2022

ESAB Corporation Declares Quarterly Cash Dividend, Payable on July 18, 2022

ESAB Corporation Reiterates Full Year 2022 Guidance

First quarter 2022 earnings released

ESAB Corporation Launches InduSuite

ESAB Corporation to Report Q1, 2022 Results on May 10, 2022

Investor sentiment improved over the past week

ESAB Corporation Announces Board Appointments

Colfax Corporation Announces the Future Composition of the Full ESAB Corporation Board of Directors

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure