Babcock & Wilcox Enterprises Management

Management criteria checks 3/4

Babcock & Wilcox Enterprises' CEO is Kenny Young, appointed in Nov 2018, has a tenure of 5.67 years. total yearly compensation is $1.08M, comprised of 69.2% salary and 30.8% bonuses, including company stock and options. directly owns 1.67% of the company’s shares, worth €2.20M. The average tenure of the management team and the board of directors is 3.9 years and 3.8 years respectively.

Key information

Kenny Young

Chief executive officer

US$1.1m

Total compensation

CEO salary percentage	69.2%
CEO tenure	5.7yrs
CEO ownership	1.7%
Management average tenure	3.9yrs
Board average tenure	3.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Kenny Young's remuneration changed compared to Babcock & Wilcox Enterprises's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	-US$97m
Dec 31 2023	US$1m	US$750k	-US$94m
Sep 30 2023	n/a	n/a	-US$43m
Jun 30 2023	n/a	n/a	-US$41m
Mar 31 2023	n/a	n/a	-US$36m
Dec 31 2022	US$3m	US$750k	-US$31m
Sep 30 2022	n/a	n/a	-US$4m
Jun 30 2022	n/a	n/a	US$20m
Mar 31 2022	n/a	n/a	US$25m
Dec 31 2021	US$2m	US$750k	US$20m
Sep 30 2021	n/a	n/a	US$481k
Jun 30 2021	n/a	n/a	US$25m
Mar 31 2021	n/a	n/a	US$6m
Dec 31 2020	US$2m	US$750k	-US$12m
Sep 30 2020	n/a	n/a	-US$4m
Jun 30 2020	n/a	n/a	-US$96m
Mar 31 2020	n/a	n/a	-US$106m
Dec 31 2019	US$6m	US$750k	-US$123m
Sep 30 2019	n/a	n/a	-US$362m
Jun 30 2019	n/a	n/a	-US$410m
Mar 31 2019	n/a	n/a	-US$591m
Dec 31 2018	US$2m	US$88k	-US$658m

Compensation vs Market: Kenny's total compensation ($USD1.08M) is above average for companies of similar size in the German market ($USD498.04K).

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

CEO

Kenny Young (60 yo)

5.7yrs

Tenure

US$1,083,333

Compensation

Mr. Kenneth M. Young, also known as Kenny, serves as Chief Executive Officer of Babcock & Wilcox Enterprises, Inc. since November 19, 2018 and serves as its Chairman of the Board and Director since Septemb...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Kenneth Young	CEO & Chairman of the Board	5.7yrs	US$1.08m	1.67% $ 2.2m
Louis Salamone	Executive VP	5.4yrs	US$634.84k	0.70% $ 921.0k
Jimmy Morgan	Executive VP & COO	7.6yrs	US$958.62k	0.55% $ 728.8k
John Dziewisz	Executive VP	4.4yrs	US$564.06k	0.22% $ 284.1k
Chris Riker	Senior Vice President of Thermal	1.9yrs	US$445.00k	0.086% $ 112.7k
Brandy Johnson	Chief Technology Officer	2.5yrs	no data	no data
Sarah Serafin	Vice President of Corporate Development	2.5yrs	no data	no data
Wassim Moussaoui	Managing Director of Babcock & Wilcox Middle East Holdings	3.9yrs	no data	no data
Gary Cochrane	Managing Director of European region	3.8yrs	no data	no data
Kim Bredahl	Senior Vice President	2.8yrs	no data	no data
Rodney Carlson	Treasurer	no data	no data	no data
Sharyn Brooks	Director of Communications	no data	no data	no data

3.9yrs

Average Tenure

58yo

Average Age

Experienced Management: UBW1's management team is considered experienced (3.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Kenneth Young	CEO & Chairman of the Board	3.8yrs	US$1.08m	1.67% $ 2.2m
Henry Bartoli	Director	3.8yrs	US$405.00k	0.32% $ 426.7k
Joseph Tato	Independent Director	3.8yrs	US$192.50k	0.093% $ 121.9k
Rod O'Connor	Member of Advisory Board	3.5yrs	no data	no data
Alan Howe	Lead Independent Director	5.3yrs	US$210.00k	0.14% $ 185.9k
Homaira Akbari	Member of Advisory Board	3.5yrs	no data	no data
Rebecca Stahl	Independent Director	3.8yrs	US$200.00k	0.067% $ 88.1k
Philip Moeller	Independent Director	3.8yrs	US$180.00k	0.11% $ 148.6k
Naomi Boness	Independent Director	less than a year	US$66.78k	0.022% $ 28.5k
Eric Powell	Member of Advisory Board	3.5yrs	no data	no data
Peter O'Keefe	Member of Advisory Board	3.5yrs	no data	no data

3.8yrs

Average Tenure

62.5yo

Average Age

Experienced Board: UBW1's board of directors are considered experienced (3.8 years average tenure).

Babcock & Wilcox Enterprises Management

Management criteria checks 3/4

Key information

Recent management updates

Babcock & Wilcox Enterprises, Inc., Annual General Meeting, May 15, 2024

Chief Financial Officer recently bought €53k worth of stock

Babcock & Wilcox Enterprises, Inc. Announces Board Changes

Insider recently bought €528k worth of stock

Insider recently bought €80k worth of stock

Insider recently bought €531k worth of stock

Recent updates

Babcock & Wilcox Enterprises, Inc. to Report Q2, 2024 Results on Aug 08, 2024

Babcock & Wilcox Enterprises, Inc.(NYSE:BW) dropped from Russell Small Cap Comp Value Index

Hitachi Zosen Inova AG acquired Babcock & Wilcox Renewable Service A/S from Babcock & Wilcox Enterprises, Inc. (NYSE:BW).

New minor risk - Shareholder dilution

First quarter 2024 earnings released: US$0.22 loss per share (vs US$0.18 loss in 1Q 2023)

Babcock & Wilcox Enterprises, Inc. to Report Q1, 2024 Results on May 09, 2024

Babcock & Wilcox Enterprises, Inc. has filed a Follow-on Equity Offering in the amount of $50 million.

Babcock & Wilcox Enterprises, Inc., Annual General Meeting, May 15, 2024

Full year 2023 earnings released: US$1.05 loss per share (vs US$0.43 loss in FY 2022)

Babcock & Wilcox Enterprises, Inc. to Report Q4, 2023 Results on Mar 14, 2024

Babcock & Wilcox and Black Hills Energy Receive State of Wyoming Grant to Develop a Low-Carbon Hydrogen Facility Using BrightLoop™ Technology

New minor risk - Market cap size

Chief Financial Officer recently bought €53k worth of stock

Babcock & Wilcox Enterprises, Inc. Announces Board Changes

New minor risk - Market cap size

New major risk - Negative shareholders equity

Babcock & Wilcox Enterprises, Inc. to Report Q3, 2023 Results on Nov 09, 2023

Second quarter 2023 earnings released: US$0.057 loss per share (vs US$0.071 loss in 2Q 2022)

Babcock & Wilcox Enterprises, Inc. to Report Q2, 2023 Results on Aug 08, 2023

Insider recently bought €528k worth of stock

Insider recently bought €80k worth of stock

Insider recently bought €531k worth of stock

First quarter 2023 earnings released: US$0.18 loss per share (vs US$0.14 loss in 1Q 2022)

CEO & Chairman of the Board recently bought €52k worth of stock

Full year 2022 earnings released: US$0.43 loss per share (vs US$0.26 profit in FY 2021)

CFO & Chief Accounting Officer recently bought €196k worth of stock

High number of new and inexperienced directors

Third quarter 2022 earnings released: US$0.24 loss per share (vs US$0.12 profit in 3Q 2021)

Investor sentiment deteriorated over the past week

Babcock & Wilcox Enterprises, Inc. to Report Q3, 2022 Results on Nov 08, 2022

Investor sentiment deteriorated over the past week

Second quarter 2022 earnings released: US$0.03 loss per share (vs US$0.016 profit in 2Q 2021)

Babcock & Wilcox Enterprises, Inc. to Report Q2, 2022 Results on Aug 08, 2022

Investor sentiment improved over the past week

Babcock & Wilcox Enterprises, Inc.(NYSE:BW) dropped from Russell Microcap Value Index

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

CEO & Chairman of the Board recently bought €157k worth of stock

First quarter 2022 earnings released: US$0.14 loss per share (vs US$0.22 loss in 1Q 2021)

High number of new and inexperienced directors

Babcock & Wilcox Enterprises, Inc., Annual General Meeting, May 19, 2022

CEO & Chairman of the Board recently bought €142k worth of stock

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

Babcock & Wilcox Enterprises, Inc. (NYSE:BW) acquired Fossil Power Systems Inc. for $59.1 million.

Babcock & Wilcox Enterprises, Inc. (NYSE:BW) acquired Fossil Power Systems Inc. for $59.1 million.

Third quarter 2021 earnings released: EPS US$0.16 (vs US$0.70 in 3Q 2020)

Investor sentiment deteriorated over the past week

Senior VP recently sold €109k worth of stock

Second quarter 2021 earnings released: EPS US$0.036 (vs US$0.38 loss in 2Q 2020)

Investor sentiment improved over the past week

Babcock & Wilcox Ready to Provide Its SolveBrightTM Post-Combustion Regenerable Solvent Based Solution

Babcock & Wilcox Announces ClimateBright Decarbonization Technologies Platform to Reduce Global Greenhouse Gas Emissions

First quarter 2021 earnings released: US$0.22 loss per share (vs US$0.72 loss in 1Q 2020)

Investor sentiment deteriorated over the past week

Babcock & Wilcox Enterprises, Inc. Announces Earnings Guidance for the First Quarter of 2021

First quarter 2021 earnings released: US$0.22 loss per share (vs US$0.72 loss in 1Q 2020)

Revenue beats expectations

Full year 2020 earnings released: US$0.25 loss per share (vs US$3.89 loss in FY 2019)

Babcock & Wilcox Enterprises, Inc. to Report Q4, 2020 Results on Mar 09, 2021

B&W Thermal Wins $13 Million in New Contracts as North American Market Strengthens

B&W Environmental Wins $13 Million Contract to Supply Clean Energy and Water Treatment Technologies for Waste-To-Energy Plant in Europe

New 90-day high: €6.35

Babcock & Wilcox Enterprises, Inc. has completed a Follow-on Equity Offering in the amount of $150.000002 million.

Full year 2020 earnings released: US$0.29 loss per share (vs US$3.89 loss in FY 2019)

Revenue beats expectations

B&W Thermal Wins $15 Million Contract to Supply Package Boilers for Municipal Project

Babcock & Wilcox Announces Two New Contracts Totaling $10 Million for Its B&W Environmental Business Segment

B&W Environmental Receives $10 Million Contract to Supply Emissions Reduction Technology to A U.S. Carbon Black Facility

New 90-day high: €4.26