ACCO Brands Management

Management criteria checks 2/4

ACCO Brands' CEO is Tom Tedford, appointed in Sep 2021, has a tenure of 3.25 years. total yearly compensation is $2.67M, comprised of 27.3% salary and 72.7% bonuses, including company stock and options. directly owns 0.48% of the company’s shares, worth €2.61M. The average tenure of the management team and the board of directors is 4.9 years and 8.3 years respectively.

Key information

Tom Tedford

Chief executive officer

US$2.7m

Total compensation

CEO salary percentage	27.3%
CEO tenure	3.3yrs
CEO ownership	0.5%
Management average tenure	4.9yrs
Board average tenure	8.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Tom Tedford's remuneration changed compared to ACCO Brands's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	-US$182m
Jun 30 2024	n/a	n/a	-US$176m
Mar 31 2024	n/a	n/a	-US$24m
Dec 31 2023	US$3m	US$731k	-US$22m
Sep 30 2023	n/a	n/a	US$56m
Jun 30 2023	n/a	n/a	-US$27m
Mar 31 2023	n/a	n/a	-US$14m
Dec 31 2022	US$2m	US$672k	-US$13m
Sep 30 2022	n/a	n/a	US$22m
Jun 30 2022	n/a	n/a	US$110m
Mar 31 2022	n/a	n/a	US$120m
Dec 31 2021	US$3m	US$606k	US$102m
Sep 30 2021	n/a	n/a	US$78m
Jun 30 2021	n/a	n/a	US$77m
Mar 31 2021	n/a	n/a	US$34m
Dec 31 2020	US$2m	US$558k	US$62m
Sep 30 2020	n/a	n/a	US$76m
Jun 30 2020	n/a	n/a	US$85m
Mar 31 2020	n/a	n/a	US$115m
Dec 31 2019	US$2m	US$555k	US$107m
Sep 30 2019	n/a	n/a	US$98m
Jun 30 2019	n/a	n/a	US$106m
Mar 31 2019	n/a	n/a	US$96m
Dec 31 2018	US$2m	US$542k	US$107m
Sep 30 2018	n/a	n/a	US$146m
Jun 30 2018	n/a	n/a	US$141m
Mar 31 2018	n/a	n/a	US$139m
Dec 31 2017	US$2m	US$524k	US$132m

Compensation vs Market: Tom's total compensation ($USD2.67M) is above average for companies of similar size in the German market ($USD1.02M).

Compensation vs Earnings: Tom's compensation has increased whilst the company is unprofitable.

CEO

Tom Tedford (53 yo)

3.3yrs

Tenure

US$2,674,387

Compensation

Mr. Thomas W. Tedford, also known as Tom, had been an Executive Vice President of ACCO Brands Corporation since January 10, 2011 until September 1, 2021 and President of ACCO Brands North America since Mar...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Thomas Tedford	President	3.3yrs	US$2.67m	0.48% € 2.6m
Deborah O'Connor	Executive VP & CFO	2.7yrs	US$1.59m	no data
Patrick Buchenroth	Executive VP	7.8yrs	US$1.41m	0.23% € 1.2m
Cezary Monko	Executive VP	7.8yrs	US$1.77m	0.26% € 1.4m
Gregory McCormack	Senior Vice President of Global Operations & Supply Chain	1.9yrs	no data	0.17% € 900.1k
James Dudek	Senior VP	4.8yrs	no data	0.035% € 188.0k
Paul Daniel	Senior VP & Chief Information Officer	2.3yrs	no data	0.012% € 63.3k
Christopher McGinnis	Senior Director of Investor Relations	no data	no data	no data
Pamela Schneider	Senior VP	12.7yrs	US$1.11m	0.27% € 1.5m
Mark Anderson	Senior Vice President of Corporate Development	17.2yrs	no data	0.17% € 913.8k
Angela Jones	Senior VP & Global Chief People Officer	4.9yrs	no data	0.020% € 108.6k
Jagannath Bobji	Senior VP of Global Planning and Financial Analysis & Treasurer	9.2yrs	no data	no data

4.9yrs

Average Tenure

60yo

Average Age

Experienced Management: A3B's management team is considered experienced (4.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Thomas Tedford	President	1.2yrs	US$2.67m	0.48% € 2.6m
Edward Rajkowski	Independent Chairman	12.6yrs	US$225.00k	0.063% € 339.3k
Robert Keller	Independent Director	19.3yrs	US$221.00k	0.28% € 1.5m
Kathleen Dvorak	Independent Director	14.6yrs	US$235.00k	0.020% € 107.8k
Pradeep Jotwani	Independent Director	10.9yrs	US$240.00k	0% € 0
Elizabeth Simermeyer	Independent Director	less than a year	US$17.79k	no data
Joseph Burton	Independent Director	2.3yrs	US$220.00k	0% € 0
Ronald Lombardi	Independent Director	6.8yrs	US$247.50k	0.15% € 787.2k
Graciela Monteagudo	Independent Director	8.3yrs	US$235.51k	0% € 0

8.3yrs

Average Tenure

60yo

Average Age

Experienced Board: A3B's board of directors are considered experienced (8.3 years average tenure).

ACCO Brands Management

Management criteria checks 2/4

Key information

Recent management updates

Senior VP recently sold €94k worth of stock

Senior VP & Global Chief People Officer recently sold €69k worth of stock

ACCO Brands Corporation, Annual General Meeting, May 21, 2024

ACCO Brands Corporation Appoint Executives

ACCO Brands Corporation Appoints Elizabeth A. Simermeyer as Director and Member of Finance and Planning Committee and Nominating, Governance and Sustainability Committee, Effective December 5, 2023

ACCO Brands Corporation Announces Appointment of Beth Simermeyer to Board of Directors

Recent updates

Third quarter 2024 earnings released: EPS: US$0.097 (vs US$0.16 in 3Q 2023)

ACCO Brands Corporation Reaffirms Earnings Guidance for the Full Year 2024

Second quarter dividend of US$0.075 announced

ACCO Brands Corporation Declares Quarterly Dividend, to Be Paid on December 11, 2024

ACCO Brands Corporation to Report Q3, 2024 Results on Oct 31, 2024

Senior VP recently sold €94k worth of stock

Upcoming dividend of US$0.075 per share

New major risk - Revenue and earnings growth

Second quarter 2024 earnings released: US$1.29 loss per share (vs US$0.28 profit in 2Q 2023)

ACCO Brands Corporation Provides Earnings Guidance for the Third Quarter and Updates Earnings Guidance for the Full Year of 2024

First quarter dividend of US$0.075 announced

ACCO Brands Corporation Declares Quarterly Dividend, Payable on September 4, 2024

ACCO Brands Corporation to Report Q2, 2024 Results on Aug 01, 2024

Senior VP & Global Chief People Officer recently sold €69k worth of stock

ACCO Brands Corporation Updates Earnings Guidance for the Second Quarter and Full Year of 2024

First quarter 2024 earnings released: US$0.066 loss per share (vs US$0.039 loss in 1Q 2023)

ACCO Brands Corporation Provides Earnings Guidance for the Second Quarter and Full Year of 2024

Fourth quarter dividend of US$0.075 announced

ACCO Brands Corporation Declares Quarterly Dividend, Payable on June 12, 2024

ACCO Brands Corporation to Report Q1, 2024 Results on May 02, 2024

ACCO Brands Corporation, Annual General Meeting, May 21, 2024

Upcoming dividend of US$0.075 per share

Fourth quarter dividend of US$0.075 announced

Full year 2023 earnings released: US$0.23 loss per share (vs US$0.14 loss in FY 2022)

ACCO Brands Corporation Provides Earnings Guidance for the First Quarter and Full Year of 2024

ACCO Brands Corporation Declares Quarterly Dividend, Payable on March 27, 2024

ACCO Brands Corporation to Report Q4, 2023 Results on Feb 22, 2024

ACCO Brands Corporation Appoint Executives

ACCO Brands Corporation Appoints Elizabeth A. Simermeyer as Director and Member of Finance and Planning Committee and Nominating, Governance and Sustainability Committee, Effective December 5, 2023

ACCO Brands Corporation Announces Appointment of Beth Simermeyer to Board of Directors

Upcoming dividend of US$0.075 per share at 6.1% yield

ACCO Brands Corporation Provides Updated Earnings Guidance for the Full Year 2023

Third quarter 2023 earnings released: EPS: US$0.16 (vs US$0.73 loss in 3Q 2022)

Acco Brands Corporation Declares Quarterly Cash Dividend, Payable on December 6, 2023

ACCO Brands Corporation to Report Q3, 2023 Results on Nov 02, 2023

Upcoming dividend of US$0.075 per share at 5.3% yield

Second quarter 2023 earnings released: EPS: US$0.28 (vs US$0.41 in 2Q 2022)

Acco Brands Corporation Provides Sales Guidance for the Third Quarter and Full Year 2023

ACCO Brands Corporation Declares Quarterly Cash Dividend, Payable on September 12, 2023

ACCO Brands Corporation to Report Q2, 2023 Results on Aug 08, 2023

Upcoming dividend of US$0.075 per share at 5.8% yield

ACCO Brands Corporation Reaffirms Earnings Guidance for the Second Quarter and Full Year of 2023

First quarter 2023 earnings released: US$0.039 loss per share (vs US$0.028 loss in 1Q 2022)

Upcoming dividend of US$0.075 per share at 5.4% yield

Full year 2022 earnings released: US$0.14 loss per share (vs US$1.07 profit in FY 2021)

ACCO Brands Corporation Declares Quarterly Cash Dividend, Payable on April 5, 2023

ACCO Brands’ quarter Introduces Vertical InvisaMount Glass Dry-Erase Boards to Maximize Workspace

ACCO Brands’ Quartet Introduces Vertical InvisaMount Glass Dry-Erase Boards to Maximize Workspace

ACCO Brands Corporation to Report Q4, 2022 Results on Feb 23, 2023

Insufficient new directors

Insider recently bought €55k worth of stock

Chairman & CEO recently bought €51k worth of stock

Third quarter 2022 earnings released: US$0.73 loss per share (vs US$0.21 profit in 3Q 2021)

ACCO Brands Corporation Reports Goodwill Impairment for the Third Quarter Ended September 30, 2022

ACCO Brands Corporation Reaffirms Earnings Guidance for the Fiscal Year 2022

Gina Boswell to Resign from the Board of Directors of ACCO Brands Corporation, Effective December 31, 2022

ACCO Brands Corporation to Report Q3, 2022 Results on Nov 07, 2022

Kensington Expands Portfolio of High-Performance Docking Solutions

Trusens Launches New Innovative Humidifier Series

Upcoming dividend of US$0.075 per share

ACCO Brands Corporation Announces Appointment of Joe Burton to Board of Directors

Insider recently bought €64k worth of stock

Second quarter 2022 earnings released: EPS: US$0.41 (vs US$0.51 in 2Q 2021)

Acco Brands Corporation Announces Launch of Trusens Performance Series Air Purifiers

ACCO Brands Corporation to Report Q2, 2022 Results on Aug 08, 2022

Upcoming dividend of US$0.075 per share

First quarter 2022 earnings released: US$0.028 loss per share (vs US$0.21 loss in 1Q 2021)

Insufficient new directors

ACCO Brands Corporation Declares Regular Quarterly Cash Dividend, Payable on June 22, 2022