Spirit AeroSystems Holdings Management
Management criteria checks 1/4
Spirit AeroSystems Holdings' CEO is Pat Shanahan, appointed in Sep 2023, has a tenure of 1.25 years. total yearly compensation is $9.93M, comprised of 5.1% salary and 94.9% bonuses, including company stock and options. directly owns 0.23% of the company’s shares, worth €8.65M. The average tenure of the management team and the board of directors is 1.9 years and 6.8 years respectively.
Key information
Pat Shanahan
Chief executive officer
US$9.9m
Total compensation
| CEO salary percentage | 5.1% |
| CEO tenure | 1.3yrs |
| CEO ownership | 0.2% |
| Management average tenure | 1.9yrs |
| Board average tenure | 6.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 26 2024 | n/a | n/a | -US$1b |
| Jun 27 2024 | n/a | n/a | -US$1b |
| Mar 28 2024 | n/a | n/a | -US$952m |
| Dec 31 2023 | US$10m | US$504k | -US$616m |
| Sep 28 2023 | n/a | n/a | -US$935m |
| Jun 29 2023 | n/a | n/a | -US$858m |
| Mar 30 2023 | n/a | n/a | -US$774m |
| Dec 31 2022 | US$271k | n/a | -US$546m |
| Sep 29 2022 | n/a | n/a | -US$423m |
| Jun 30 2022 | n/a | n/a | -US$409m |
| Mar 31 2022 | n/a | n/a | -US$422m |
| Dec 31 2021 | US$15k | n/a | -US$541m |
Compensation vs Market: Pat's total compensation ($USD9.93M) is above average for companies of similar size in the German market ($USD1.93M).
Compensation vs Earnings: Pat's compensation has increased whilst the company is unprofitable.
CEO
Pat Shanahan (62 yo)
1.3yrs
Tenure
US$9,927,334
Compensation
The Honorable Patrick M. Shanahan, also known as Pat, is President and Chief Executive Officer at Spirit AeroSystems Inc. since 2023. He has been an Independent Director of CAE Inc. since April 01, 2022. H...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.3yrs | US$9.93m | 0.23% € 8.6m | |
| Executive VP | less than a year | US$286.38k | 0.036% € 1.4m | |
| Senior Advisor | 7.3yrs | US$1.47m | 0.042% € 1.6m | |
| Senior Vice President of Airbus & Business - Regional Jet Programs | 6.1yrs | US$1.29m | 0.017% € 646.6k | |
| VP, Controller & Principal Accounting Officer | 4.9yrs | no data | 0.012% € 444.6k | |
| Senior VP of Engineering | less than a year | no data | 0.017% € 636.3k | |
| Senior VP | 3.2yrs | no data | 0.027% € 1.0m | |
| Director of Investor Relations | no data | no data | no data | |
| VP, General Counsel & Corp Secretary | less than a year | no data | 0.0037% € 140.6k | |
| Senior VP & Chief Procurement Officer | 3.2yrs | no data | 0.025% € 943.0k | |
| SVP of Wichita & Tulsa Operations | 1.9yrs | no data | 0.022% € 827.7k | |
| Senior Vice President of Global Quality | less than a year | no data | 0.0038% € 145.5k |
1.9yrs
Average Tenure
55yo
Average Age
Experienced Management: S9Q's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.1yrs | US$9.93m | 0.23% € 8.6m | |
| Executive VP | 9.6yrs | US$286.38k | 0.036% € 1.4m | |
| Independent Director | 18.1yrs | US$281.36k | 0.051% € 2.0m | |
| Independent Director | 3.1yrs | US$260.30k | 0% € 0 | |
| Independent Director | 10.4yrs | US$260.30k | 0.031% € 1.2m | |
| Independent Director | 6.8yrs | US$275.34k | 0.025% € 939.9k | |
| Independent Director | less than a year | no data | 0.0045% € 170.3k | |
| Independent Director | 18.1yrs | US$275.34k | 0.038% € 1.4m | |
| Independent Director | 5.2yrs | US$260.30k | 0.020% € 781.1k | |
| Independent Director | 2.8yrs | US$260.30k | 0% € 0 | |
| Independent Chairman of the Board | 18.9yrs | US$388.21k | 0.028% € 1.1m |
6.8yrs
Average Tenure
65yo
Average Age
Experienced Board: S9Q's board of directors are considered experienced (6.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 09:14 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/26 |
| 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
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Analyst Sources
Spirit AeroSystems Holdings, Inc. is covered by 41 analysts. 15 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 |
|---|---|
| Peter Arment | Baird |
| Joseph Campbell | Barclays |
| David Strauss | Barclays |