Matthews International Management
Management criteria checks 3/4
Matthews International's CEO is Joe Bartolacci, appointed in Sep 2005, has a tenure of 19.17 years. total yearly compensation is $6.47M, comprised of 16% salary and 84% bonuses, including company stock and options. directly owns 1.47% of the company’s shares, worth €10.37M. The average tenure of the management team and the board of directors is 7.4 years and 13.3 years respectively.
Key information
Joe Bartolacci
Chief executive officer
US$6.5m
Total compensation
| CEO salary percentage | 16.0% |
| CEO tenure | 19.2yrs |
| CEO ownership | 1.5% |
| Management average tenure | 7.4yrs |
| Board average tenure | 13.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | US$26m |
| Mar 31 2024 | n/a | n/a | US$33m |
| Dec 31 2023 | n/a | n/a | US$33m |
| Sep 30 2023 | US$6m | US$1m | US$39m |
| Jun 30 2023 | n/a | n/a | -US$59m |
| Mar 31 2023 | n/a | n/a | -US$65m |
| Dec 31 2022 | n/a | n/a | -US$76m |
| Sep 30 2022 | US$6m | US$1m | -US$100m |
| Jun 30 2022 | n/a | n/a | -US$22m |
| Mar 31 2022 | n/a | n/a | -US$22m |
| Dec 31 2021 | n/a | n/a | -US$15m |
| Sep 30 2021 | US$7m | US$944k | US$3m |
| Jun 30 2021 | n/a | n/a | US$14m |
| Mar 31 2021 | n/a | n/a | US$13m |
| Dec 31 2020 | n/a | n/a | -US$78m |
| Sep 30 2020 | US$7m | US$922k | -US$87m |
| Jun 30 2020 | n/a | n/a | -US$166m |
| Mar 31 2020 | n/a | n/a | -US$153m |
| Dec 31 2019 | n/a | n/a | -US$52m |
| Sep 30 2019 | US$7m | US$892k | -US$38m |
| Jun 30 2019 | n/a | n/a | US$63m |
| Mar 31 2019 | n/a | n/a | US$73m |
| Dec 31 2018 | n/a | n/a | US$75m |
| Sep 30 2018 | US$7m | US$874k | US$107m |
Compensation vs Market: Joe's total compensation ($USD6.47M) is above average for companies of similar size in the German market ($USD1.47M).
Compensation vs Earnings: Joe's compensation has been consistent with company performance over the past year.
CEO
Joe Bartolacci (64 yo)
19.2yrs
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 19.2yrs | US$6.47m | 1.47% € 10.4m | |
| CFO & Corporate Secretary | 20.9yrs | US$2.27m | 0.53% € 3.7m | |
| Executive VP & General Counsel | 15.8yrs | US$1.34m | 0.19% € 1.4m | |
| Executive VP & Group President of Memorialization | 13.1yrs | US$1.68m | 0.27% € 1.9m | |
| Executive VP & President of SGK Brand Solutions | 2.8yrs | US$1.26m | 0.15% € 1.1m | |
| Senior Vice President of Global Compliance | 3.3yrs | no data | 0.016% € 114.9k | |
| CTO, Group President of Industrial Technologies Segment & Director | 9yrs | US$3.36m | 0.22% € 1.5m | |
| Head of IT & Chief Information Officer | 5.8yrs | no data | 0.030% € 207.5k | |
| Senior Director of Corporate Development & Investor Relations | no data | no data | no data | |
| Senior Vice President of Human Resources | 3.3yrs | no data | 0.022% € 156.7k | |
| Group President of Matthews Industrial Automation & Matthews Environmental Solutions | 2.1yrs | no data | 0.021% € 145.6k | |
| Head of Strategy - APAC | no data | no data | no data |
7.4yrs
Average Tenure
58yo
Average Age
Experienced Management: MW1A's management team is seasoned and experienced (7.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 19yrs | US$6.47m | 1.47% € 10.4m | |
| CTO, Group President of Industrial Technologies Segment & Director | 14yrs | US$3.36m | 0.22% € 1.5m | |
| Independent Chairman | 15.1yrs | US$350.00k | 0.089% € 626.5k | |
| Independent Director | 13.3yrs | US$242.50k | 0.11% € 754.9k | |
| Independent Director | 10.3yrs | US$236.00k | 0.69% € 4.9m | |
| Independent Director | 9.8yrs | US$246.00k | 0.081% € 572.5k | |
| Independent Director | 16.3yrs | US$240.00k | 0.13% € 934.4k | |
| Independent Director | 13.3yrs | US$240.00k | 0.086% € 602.6k | |
| Independent Director | 1.8yrs | US$230.00k | 0.0036% € 25.0k | |
| Independent Director | 4.1yrs | US$247.50k | 0.032% € 227.2k | |
| Director | less than a year | no data | no data |
13.3yrs
Average Tenure
65yo
Average Age
Experienced Board: MW1A's board of directors are seasoned and experienced ( 13.3 years average tenure).