Matthews International Corporation

DB:MW1A Stock Report

Market Cap: €808.0m

Matthews International Management

Management criteria checks 2/4

Matthews International's CEO is Joe Bartolacci, appointed in Sep 2005, has a tenure of 19.25 years. total yearly compensation is $6.47M, comprised of 16% salary and 84% bonuses, including company stock and options. directly owns 1.8% of the company’s shares, worth €14.55M. The average tenure of the management team and the board of directors is 9.1 years and 13.4 years respectively.

Key information

Joe Bartolacci

Chief executive officer

US$6.5m

Total compensation

CEO salary percentage16.0%
CEO tenure19.3yrs
CEO ownership1.8%
Management average tenure9.1yrs
Board average tenure13.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Joe Bartolacci's remuneration changed compared to Matthews International's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$60m

Jun 30 2024n/an/a

US$26m

Mar 31 2024n/an/a

US$33m

Dec 31 2023n/an/a

US$33m

Sep 30 2023US$6mUS$1m

US$39m

Jun 30 2023n/an/a

-US$59m

Mar 31 2023n/an/a

-US$65m

Dec 31 2022n/an/a

-US$76m

Sep 30 2022US$6mUS$1m

-US$100m

Jun 30 2022n/an/a

-US$22m

Mar 31 2022n/an/a

-US$22m

Dec 31 2021n/an/a

-US$15m

Sep 30 2021US$7mUS$944k

US$3m

Jun 30 2021n/an/a

US$14m

Mar 31 2021n/an/a

US$13m

Dec 31 2020n/an/a

-US$78m

Sep 30 2020US$7mUS$922k

-US$87m

Jun 30 2020n/an/a

-US$166m

Mar 31 2020n/an/a

-US$153m

Dec 31 2019n/an/a

-US$52m

Sep 30 2019US$7mUS$892k

-US$38m

Jun 30 2019n/an/a

US$63m

Mar 31 2019n/an/a

US$73m

Dec 31 2018n/an/a

US$75m

Sep 30 2018US$7mUS$874k

US$107m

Compensation vs Market: Joe's total compensation ($USD6.47M) is above average for companies of similar size in the German market ($USD1.46M).

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

CEO

Joe Bartolacci (64 yo)

19.3yrs

Tenure

US$6,473,964

Compensation

Mr. Joseph C. Bartolacci, also known as Joe, has been the Chief Executive Officer and President of Matthews International Corporation since October 1, 2006 and September 1, 2005 respectively. Mr. Bartolacc...

Leadership Team

NamePositionTenureCompensationOwnership
Joseph Bartolacci
CEO, President & Director19.3yrsUS$6.47m1.8%
€ 14.5m
Steven Nicola
CFO & Corporate Secretary21yrsUS$2.27m0.61%
€ 5.0m
Brian Walters
Executive VP & General Counsel15.8yrsUS$1.34m0.25%
€ 2.0m
Steven Gackenbach
Executive VP & Group President of Memorialization13.2yrsUS$1.68m0.32%
€ 2.6m
Gary Kohl
Executive VP & President of SGK Brand Solutions2.9yrsUS$1.26m0.20%
€ 1.6m
Ronald Awenowicz
Senior Vice President of Global Compliance3.4yrsno data0.028%
€ 224.2k
Gregory Babe
CTO, Group President of Industrial Technologies Segment & Director9.1yrsUS$3.36m0.28%
€ 2.3m
Davor Brkovich
Head of IT & Chief Information Officer5.8yrsno data0.054%
€ 434.3k
William Wilson
Senior Director of Corporate Development & Investor Relationsno datano datano data
Reena Gurtner
Senior Vice President of Human Resources3.4yrsno data0.042%
€ 338.5k
Lee Lane
Group President of Matthews Industrial Automation & Matthews Environmental Solutions2.2yrsno data0.021%
€ 167.3k
David Beck
VP & Controller21.3yrsno datano data

9.1yrs

Average Tenure

60yo

Average Age

Experienced Management: MW1A's management team is seasoned and experienced (9.1 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Joseph Bartolacci
CEO, President & Director19.1yrsUS$6.47m1.8%
€ 14.5m
Gregory Babe
CTO, Group President of Industrial Technologies Segment & Director14.1yrsUS$3.36m0.28%
€ 2.3m
Alvaro Garcia-Tunon
Independent Chairman15.2yrsUS$350.00k0.089%
€ 719.7k
Morgan O'Brien
Independent Director13.4yrsUS$242.50k0.11%
€ 867.3k
David Schawk
Independent Director10.4yrsUS$236.00k0.69%
€ 5.6m
Terry Dunlap
Independent Director9.8yrsUS$246.00k0.081%
€ 657.7k
Katherine Dietze
Independent Director16.4yrsUS$240.00k0.13%
€ 1.1m
Jerry Whitaker
Independent Director13.4yrsUS$240.00k0.086%
€ 692.3k
Aleta Richards
Independent Director1.8yrsUS$230.00k0.0036%
€ 28.8k
Lillian Etzkorn
Independent Director4.2yrsUS$247.50k0.032%
€ 261.0k
Francis Wlodarczyk
Directorless than a yearno datano data

13.4yrs

Average Tenure

65yo

Average Age

Experienced Board: MW1A's board of directors are seasoned and experienced ( 13.4 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 17:24
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/09/30

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Matthews International Corporation is covered by 9 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Liam BurkeB. Riley Securities, Inc.
James ClementBuckingham Research Group Inc.
Daniel MooreCJS Securities, Inc.