Enviri Management

Management criteria checks 1/4

Enviri's CEO is Nick Grasberger, appointed in Apr 2014, has a tenure of 10.08 years. total yearly compensation is $6.60M, comprised of 15.4% salary and 84.6% bonuses, including company stock and options. directly owns 1.05% of the company’s shares, worth €6.40M. The average tenure of the management team and the board of directors is 1.9 years and 6.3 years respectively.

Key information

Nick Grasberger

Chief executive officer

US$6.6m

Total compensation

CEO salary percentage	15.4%
CEO tenure	10.1yrs
CEO ownership	1.0%
Management average tenure	1.9yrs
Board average tenure	6.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Nick Grasberger's remuneration changed compared to Enviri's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	-US$54m
Dec 31 2023	US$7m	US$1m	-US$46m
Sep 30 2023	n/a	n/a	-US$55m
Jun 30 2023	n/a	n/a	-US$46m
Mar 31 2023	n/a	n/a	-US$138m
Dec 31 2022	US$6m	US$975k	-US$137m
Sep 30 2022	n/a	n/a	-US$103m
Jun 30 2022	n/a	n/a	-US$99m
Mar 31 2022	n/a	n/a	US$16m
Dec 31 2021	US$5m	US$947k	US$22m
Sep 30 2021	n/a	n/a	-US$10m
Jun 30 2021	n/a	n/a	-US$23m
Mar 31 2021	n/a	n/a	-US$43m
Dec 31 2020	US$4m	US$955k	-US$50m
Sep 30 2020	n/a	n/a	-US$25m
Jun 30 2020	n/a	n/a	US$1m
Mar 31 2020	n/a	n/a	US$9m
Dec 31 2019	US$5m	US$919k	US$10m
Sep 30 2019	n/a	n/a	US$60m
Jun 30 2019	n/a	n/a	US$67m
Mar 31 2019	n/a	n/a	US$101m
Dec 31 2018	US$6m	US$878k	US$101m
Sep 30 2018	n/a	n/a	US$32m
Jun 30 2018	n/a	n/a	US$21m
Mar 31 2018	n/a	n/a	US$9m
Dec 31 2017	US$5m	US$841k	-US$7m

Compensation vs Market: Nick's total compensation ($USD6.60M) is above average for companies of similar size in the German market ($USD1.18M).

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

CEO

Nick Grasberger (59 yo)

10.1yrs

Tenure

US$6,598,650

Compensation

Mr. F. Nicholas Grasberger, III, also known as Nick, has been the Chief Executive Officer and President of Enviri Corporation (formerly known as Harsco Corporation) since August 1, 2014 and April 2014 resp...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
F. Grasberger	Chairman	10.1yrs	US$6.60m	1.05% $ 6.4m
Thomas Vadaketh	Senior VP & CFO	less than a year	US$2.32m	no data
Russell Hochman	Senior VP	9yrs	US$2.14m	0.081% $ 495.9k
Jennifer Kozak	Senior VP & Chief Human Resources Officer	1.9yrs	US$1.55m	0.0068% $ 41.4k
Jeffrey Beswick	Senior VP & President of Clean Earth	less than a year	US$2.09m	0.0068% $ 41.6k
David Martin	Director of Investor Relations	10.2yrs	no data	no data
Michael Polcovich	VP & CFO of Clean Earth	2.3yrs	no data	no data
Christophe Reitemeier	VP & CFO of Harsco Environmental	1.3yrs	no data	no data
Mauro Curi	President of Global Mill Services	1.3yrs	no data	0.025% $ 153.9k
Elizabeth Peterson	Chief Commercial Officer of Clean Earth	less than a year	no data	no data
Giles Tipler	VP of Corporate IT & Chief Information Security Officer	no data	no data	no data
Samuel Fenice	VP & Corporate Controller	7.8yrs	no data	0.032% $ 194.9k

1.9yrs

Average Tenure

56.5yo

Average Age

Experienced Management: HA7's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
F. Grasberger	Chairman	10.1yrs	US$6.60m	1.05% $ 6.4m
John Quinn	Independent Director	3.1yrs	US$227.49k	0.027% $ 166.1k
Phillip Widman	Independent Director	10.1yrs	US$219.99k	0.13% $ 811.7k
David Everitt	Independent Lead Director	13.5yrs	US$254.99k	0.11% $ 648.1k
James Earl	Independent Director	11.8yrs	US$219.99k	0.10% $ 620.7k
Edgar Purvis	Independent Director	6.3yrs	US$227.49k	0.084% $ 516.6k
Carolann Haznedar	Independent Director	5.6yrs	US$227.49k	0.017% $ 102.4k
Rebecca O'Mara	Independent Director	less than a year	US$156.10k	0.017% $ 103.8k
Timothy Laurion	Independent Director	1.3yrs	US$205.29k	0.017% $ 102.6k

6.3yrs

Average Tenure

65yo

Average Age

Experienced Board: HA7's board of directors are considered experienced (6.3 years average tenure).

Enviri Management

Management criteria checks 1/4

Key information

Recent management updates

Chairman recently bought €176k worth of stock

Enviri Corporation, Annual General Meeting, Apr 18, 2024

Clean Earth, Division of Enviri Corporation Appoints Liz Peterson as Chief Commercial Officer, Effective January 8, 2024

Enviri Corporation Announces Chief Financial Officer Changes

Enviri Corporation Announces the Retirement of Kathy G. Eddy from the Board of Directors

Enviri Corporation Announces Resignation of Albert Russell Mitchell as Chief Operating Officer of Harsco Environmental Business, Effective September 1, 2023

Recent updates

Chairman recently bought €176k worth of stock

First quarter 2024 earnings released: US$0.21 loss per share (vs US$0.12 loss in 1Q 2023)

Enviri Corporation to Report Q1, 2024 Results on May 02, 2024

New minor risk - Share price stability

Enviri Corporation, Annual General Meeting, Apr 18, 2024

Full year 2023 earnings released: US$0.57 loss per share (vs US$1.73 loss in FY 2022)

New major risk - Revenue and earnings growth

Enviri Corporation Provides Earnings Guidance for the First Quarter and Full Year 2024

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

Clean Earth, Division of Enviri Corporation Appoints Liz Peterson as Chief Commercial Officer, Effective January 8, 2024

Enviri Corporation Revises Earnings Guidance for the Full Year 2023

Third quarter 2023 earnings released: US$0.11 loss per share (vs US$0.008 profit in 3Q 2022)

New major risk - Share price stability

Enviri Corporation to Report Q3, 2023 Results on Nov 02, 2023

Enviri Corporation Announces Chief Financial Officer Changes

Enviri Corporation Announces the Retirement of Kathy G. Eddy from the Board of Directors

Enviri Corporation Provides Earnings Guidance for the Third Quarter 2023

Second quarter 2023 earnings released: US$0.18 loss per share (vs US$1.34 loss in 2Q 2022)

Enviri Corporation Announces Resignation of Albert Russell Mitchell as Chief Operating Officer of Harsco Environmental Business, Effective September 1, 2023

Enviri Corporation to Report Q2, 2023 Results on Aug 02, 2023

Enviri Corporation Elects Rebecca Martinez O’Mara, 57, to Its Board of Directors

Now 23% undervalued

Harsco Corporation Revises Earnings Guidance for the Full Year 2023

First quarter 2023 earnings released: US$0.12 loss per share (vs US$0.092 loss in 1Q 2022)

Now 21% undervalued after recent price drop

Full year 2022 earnings released: US$1.73 loss per share (vs US$0.28 profit in FY 2021)

Harsco Corporation to Report Q4, 2022 Results on Feb 27, 2023

Insufficient new directors

Third quarter 2022 earnings released: EPS: US$0.008 (vs US$0.11 in 3Q 2021)

Harsco Corporation Provides Earnings Guidance for the Year 2022

Harsco Corporation to Report Q3, 2022 Results on Nov 01, 2022

Now 21% undervalued after recent price drop

Harsco Corporation Announces Chief Financial Officer Transition

Second quarter 2022 earnings released: US$1.34 loss per share (vs US$0.18 profit in 2Q 2021)

Harsco Corporation Reports Goodwill Impairment Charge for the Quarter Ended June 30, 2022

Investor sentiment deteriorated over the past week

Harsco Corporation Provides Earnings Guidance for the Year 2022

Harsco Corporation Announces Cessation of Wendy Livingston as Senior Vice President and Chief Human Resources Officer, Effective June 10, 2022

Harsco Corporation Announces Cessation of Wendy Livingston as Senior Vice President and Chief Human Resources Officer, Effective June 10, 2022

Harsco Corporation Announces Resignation of David Stanton as President of Clean Earth Division, with Effect from May 5, 2022

Harsco Corporation Provides Earning Guidance for 2022

First quarter 2022 earnings released: US$0.092 loss per share (vs US$0.018 profit in 1Q 2021)

Insufficient new directors

Harsco Corporation Announces SteelPhalt Launches Carbon-Negative Asphalt Product

Harsco Corporation to Report Q1, 2022 Results on May 03, 2022

Chairman recently bought €265k worth of stock

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Harsco Corporation Provides Earnings Guidance for the First Quarter and Full Year of 2022

Insider recently bought €60k worth of stock

Third quarter 2021 earnings released: EPS US$0.11 (vs US$0.099 loss in 3Q 2020)

Insufficient new directors

Second quarter 2021 earnings released: EPS US$0.18 (vs US$0.14 loss in 2Q 2020)

Harsco Corporation Provides Earnings Guidance for the Third Quarter and Full Year of 2021

First quarter 2021 earnings released: EPS US$0.018 (vs US$0.11 loss in 1Q 2020)

Harsco Corporation Provides Earnings Guidance for the Second Quarter and Full Year 2021

Senior VP & CFO has left the company

Harsco Corporation, Annual General Meeting, Apr 20, 2021

Full year 2020 earnings released: US$0.41 loss per share (vs US$0.35 profit in FY 2019)

Revenue misses expectations

New 90-day high: €15.80

Harsco Corporation to Report Q4, 2020 Results on Feb 25, 2021

New 90-day high: €15.70

Harsco Corporation Announces Retirement of Peter F. Minan as Senior Vice President

Harsco Corporation Announces Retirement of Peter F. Minan, Senior Vice President and Chief Financial Officer, with an Expected Effective Date of April 1, 2021

New 90-day high: €15.60

New 90-day low: €10.60

Harsco Corporation Finalizes Multimillion-Dollar Contract to Renew Engagement with Gerdau

Harsco Environmental Inks Multimillion Dollar Contract to Renew Steel Mill Services Engagement with Bahrain’s SULB Company

Third quarter 2020 earnings released: US$0.099 loss per share