Spirit AeroSystems Holdings Management
Management criteria checks 2/4
Spirit AeroSystems Holdings' CEO is Pat Shanahan, appointed in Sep 2023, has a tenure of less than a year. total yearly compensation is $9.93M, comprised of 5.1% salary and 94.9% bonuses, including company stock and options. directly owns 0.01% of the company’s shares, worth €363.10K. The average tenure of the management team and the board of directors is 2.6 years and 6.3 years respectively.
Key information
Pat Shanahan
Chief executive officer
US$9.9m
Total compensation
| CEO salary percentage | 5.1% |
| CEO tenure | less than a year |
| CEO ownership | 0.01% |
| Management average tenure | 2.6yrs |
| Board average tenure | 6.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$10m | US$504k | -US$616m |
| Sep 30 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 30 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 ($USD2.55M).
Compensation vs Earnings: Pat's compensation has increased whilst the company is unprofitable.
CEO
Pat Shanahan (61 yo)
less than a year
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 | less than a year | US$9.93m | 0.010% $ 363.1k | |
| Senior VP & CFO | 4.3yrs | US$2.30m | 0.041% $ 1.4m | |
| Senior Vice President of Quality | 6.7yrs | US$1.47m | 0.042% $ 1.5m | |
| Senior Vice President of Airbus & Business - Regional Jet Programs | 5.5yrs | US$1.29m | 0.022% $ 768.2k | |
| Senior VP & Chief Procurement Officer | 1.3yrs | US$1.26m | 0.029% $ 1.0m | |
| VP, Controller & Principal Accounting Officer | 4.3yrs | no data | 0.0095% $ 328.7k | |
| Senior VP of Engineering | less than a year | no data | 0.013% $ 458.0k | |
| Senior VP | 2.6yrs | no data | 0.023% $ 801.2k | |
| Director of Investor Relations | no data | no data | no data | |
| Senior VP | 3.3yrs | no data | 0.012% $ 431.9k | |
| Senior Vice President of Aftermarket Services | 2.6yrs | no data | 0.021% $ 714.0k | |
| SVP of Wichita & Tulsa Operations | 1.3yrs | no data | 0.022% $ 757.5k |
2.6yrs
Average Tenure
54yo
Average Age
Experienced Management: S9Q's management team is considered experienced (2.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.5yrs | US$9.93m | 0.010% $ 363.1k | |
| Independent Director | 17.5yrs | US$281.36k | 0.045% $ 1.6m | |
| Independent Director | 9yrs | US$286.38k | 0% $ 0 | |
| Independent Director | 2.5yrs | US$260.30k | 0% $ 0 | |
| Independent Director | 9.8yrs | US$260.33k | 0.031% $ 1.1m | |
| Independent Director | 6.3yrs | US$275.18k | 0.021% $ 724.5k | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 17.5yrs | US$275.37k | 0.034% $ 1.2m | |
| Independent Director | 4.6yrs | US$260.30k | 0.017% $ 579.2k | |
| Independent Director | 2.3yrs | US$247.04k | 0% $ 0 | |
| Independent Chairman of the Board | 18.3yrs | US$382.49k | 0.025% $ 853.0k |
6.3yrs
Average Tenure
64yo
Average Age
Experienced Board: S9Q's board of directors are considered experienced (6.3 years average tenure).