Resources Connection Management

Management criteria checks 3/4

Resources Connection's CEO is Kate Duchene, appointed in Dec 2016, has a tenure of 6.92 years. total yearly compensation is $2.85M, comprised of 28.9% salary and 71.1% bonuses, including company stock and options. directly owns 0.93% of the company’s shares, worth €2.52M. The average tenure of the management team and the board of directors is 5.3 years and 6.7 years respectively.

Key information

Kate Duchene

Chief executive officer

US$2.9m

Total compensation

CEO salary percentage	28.9%
CEO tenure	8yrs
CEO ownership	0.9%
Management average tenure	5.3yrs
Board average tenure	6.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Kate Duchene's remuneration changed compared to Resources Connection's earnings?
Date	Total Compensation	Salary	Company Earnings
Aug 24 2024	n/a	n/a	US$12m
May 25 2024	US$3m	US$825k	US$21m
Feb 24 2024	n/a	n/a	US$22m
Nov 25 2023	n/a	n/a	US$27m
Aug 26 2023	n/a	n/a	US$39m
May 27 2023	US$4m	US$791k	US$54m
Feb 25 2023	n/a	n/a	US$63m
Nov 26 2022	n/a	n/a	US$76m
Aug 27 2022	n/a	n/a	US$72m
May 28 2022	US$5m	US$700k	US$67m
Feb 26 2022	n/a	n/a	US$70m
Nov 27 2021	n/a	n/a	US$51m
Aug 28 2021	n/a	n/a	US$36m
May 29 2021	US$3m	US$700k	US$25m
Feb 27 2021	n/a	n/a	US$6m
Nov 28 2020	n/a	n/a	US$12m
Aug 29 2020	n/a	n/a	US$26m
May 30 2020	US$2m	US$694k	US$28m
Feb 22 2020	n/a	n/a	US$34m
Nov 23 2019	n/a	n/a	US$32m
Aug 24 2019	n/a	n/a	US$31m
May 25 2019	US$2m	US$583k	US$31m
Feb 23 2019	n/a	n/a	US$26m
Nov 24 2018	n/a	n/a	US$25m
Aug 25 2018	n/a	n/a	US$22m
May 26 2018	US$2m	US$583k	US$19m

Compensation vs Market: Kate's total compensation ($USD2.85M) is above average for companies of similar size in the German market ($USD791.50K).

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

CEO

Kate Duchene (61 yo)

8yrs

Tenure

US$2,850,507

Compensation

Ms. Kate W. Duchene has been the President and Chief Executive Officer of Resources Connection, Inc. since December 19, 2016 and served as its Interim Chief Operating Officer since October 01, 2023. Ms. Du...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Kate Duchene	CEO, President & Director	8yrs	US$2.85m	0.93% € 2.5m
Jennifer Ryu	CFO & Executive VP	5.3yrs	US$1.34m	0.13% € 343.3k
Bhadreskumar Patel	Chief Operating Officer	less than a year	US$1.22m	0.35% € 943.8k
Michael Allen	Vice President of F&A and Technology & Digital	5.3yrs	no data	no data
Keith Golden	Chief Information Officer	1.9yrs	no data	no data
Lauren Elkerson	Corporate Secretary & Chief Legal Officer	2.8yrs	no data	no data
Katy Conway	Chief People Officer	4.9yrs	no data	no data
Suzanne Stanton	Senior Vice President of Revenue	7yrs	no data	no data
Joni Noel	Senior Vice President of Healthcare & Private Equity	no data	no data	no data
Tom Schember	Executive Vice President of Global Client Services	7.3yrs	no data	no data
Venkat Ramaswamy	Senior Vice President of International	no data	no data	no data
Irene Hendrick	Senior Vice President of Financial Services	no data	no data	no data

5.3yrs

Average Tenure

61yo

Average Age

Experienced Management: RCO's management team is seasoned and experienced (5.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Kate Duchene	CEO, President & Director	6.9yrs	US$2.85m	0.93% € 2.5m
Neil Dimick	Independent Director	21.1yrs	US$190.00k	0.11% € 283.6k
Robert Kistinger	Independent Director	18.3yrs	US$157.50k	0.11% € 283.6k
A. Pisano	Interim Independent Chairman of the Board	22.1yrs	US$195.00k	0.30% € 800.5k
David White	Lead Independent Director	3.4yrs	US$169.50k	0.054% € 145.3k
Susan Collyns	Independent Director	1.3yrs	US$213.33k	0.028% € 76.3k
Roger Carlile	Independent Director	less than a year	no data	0.090% € 241.9k
Marco von Maltzan	Independent Director	6.4yrs	US$155.00k	0.0060% € 16.1k
Anthony Cherbak	Independent Director	15.3yrs	US$150.00k	0.23% € 629.8k
Lisa Pierozzi	Independent Director	3.8yrs	US$155.00k	0.077% € 207.5k

6.7yrs

Average Tenure

66.5yo

Average Age

Experienced Board: RCO's board of directors are considered experienced (6.7 years average tenure).

Resources Connection Management

Management criteria checks 3/4

Key information

Recent management updates

Resources Connection, Inc., Annual General Meeting, Oct 17, 2024

Resources Connection, Inc. Announces Management Changes

Director recently bought €258k worth of stock

Resources Connection, Inc. Announces Executive Appointments

Resources Connection, Inc. Appoints Roger Carlile to Its Board of Directors

Resources Connection, Inc. Announces Appointment of Bhadresh Patel as Chief Operating Officer, Effective April 7, 2024

Recent updates

Resources Connection, Inc. (NasdaqGS:RGP) announces an Equity Buyback for $50 million worth of its shares.

Resources Connection, Inc. announced delayed 10-Q filing

Resources Connection, Inc. announced delayed 10-Q filing

New minor risk - Earnings quality

First quarter 2025 earnings released: US$0.17 loss per share (vs US$0.093 profit in 1Q 2024)

Resources Connection, Inc. to Report Q1, 2025 Results on Oct 01, 2024

Resources Connection, Inc., Annual General Meeting, Oct 17, 2024

Upcoming dividend of US$0.14 per share

Resources Connection, Inc. Announces Management Changes

Fourth quarter dividend of US$0.14 announced

Resources Connection, Inc. Announces Quarterly Dividend, Payable on September 20, 2024

Director recently bought €258k worth of stock

Full year 2024 earnings released: EPS: US$0.63 (vs US$1.63 in FY 2023)

Resources Connection, Inc. to Report Q4, 2024 Results on Jul 18, 2024

Resources Connection, Inc. completed the acquisition of Reference Point LLC.

Resources Connection, Inc. Announces Executive Appointments

Resources Connection, Inc. Appoints Roger Carlile to Its Board of Directors

Third quarter dividend of US$0.14 announced

Resources Connection, Inc. Announces Quarterly Dividend, Payable on June 13, 2024

Third quarter 2024 earnings released: EPS: US$0.076 (vs US$0.21 in 3Q 2023)

Resources Connection, Inc. Announces Appointment of Bhadresh Patel as Chief Operating Officer, Effective April 7, 2024

Resources Connection, Inc. to Report Q3, 2024 Results on Apr 03, 2024

Now 20% overvalued

Now 21% overvalued

Upcoming dividend of US$0.14 per share at 4.2% yield

Second quarter dividend of US$0.14 announced

Resources Connection, Inc. Announces Quarterly Dividend, Payable on March 14, 2024

Resources Connection, Inc. to Report Q2, 2024 Results on Jan 03, 2024

Resources Connection, Inc. (NasdaqGS:RGP) has acquired Cloudgo Pte. Ltd.

Upcoming dividend of US$0.14 per share at 4.1% yield

Resources Connection, Inc. Announces Quarterly Dividend, Payable on December 14, 2023

First quarter 2024 earnings released: EPS: US$0.093 (vs US$0.55 in 1Q 2023)

Resources Connection, Inc. to Report Q1, 2024 Results on Oct 04, 2023

Resources Connection, Inc., Annual General Meeting, Oct 19, 2023

Resources Connection, Inc. Announces Executive Changes

Resources Connection, Inc. Announces Appointment of Sue Collyns to its Board of Directors and as Member of Audit Committee

Upcoming dividend of US$0.14 per share at 3.5% yield

Resources Connection, Inc. Announces Quarterly Dividend, Payable on September 21, 2023

Full year 2023 earnings released: EPS: US$1.63 (vs US$2.04 in FY 2022)

Resources Connection, Inc. Provides Revenue Guidance for the First Quarter of 2024

Resources Connection, Inc. to Report Q4, 2023 Results on Jul 24, 2023

Resources Connection, Inc. to Report Q4, 2023 Results on Jul 24, 2023

Upcoming dividend of US$0.14 per share at 3.9% yield

Third quarter 2023 earnings released: EPS: US$0.21 (vs US$0.59 in 3Q 2022)

Upcoming dividend of US$0.14 per share at 3.1% yield

Resources Connection, Inc. Announces Quarterly Dividend, Payable on March 16, 2023

Second quarter 2023 earnings released: EPS: US$0.52 (vs US$0.43 in 2Q 2022)

Resources Connection, Inc. to Report Q2, 2023 Results on Jan 04, 2023

Upcoming dividend of US$0.14 per share

Resources Connection, Inc. Announces Quarterly Dividend, Payable on December 15, 2022

Resources Connection, Inc. Provides Revenue Guidance for the Second Quarter Fiscal 2023

First quarter 2023 earnings released: EPS: US$0.55 (vs US$0.39 in 1Q 2022)

Resources Connection, Inc. to Report Q1, 2023 Results on Oct 05, 2022

Now 21% undervalued

Resources Connection, Inc., Annual General Meeting, Oct 20, 2022

Upcoming dividend of US$0.14 per share

Co-Founder & Independent Chairman recently sold €1.6m worth of stock

Full year 2022 earnings released: EPS: US$2.04 (vs US$0.78 in FY 2021)

Resources Connection, Inc. Announces Quarterly Dividend, Payable on September 21, 2022

Resources Connection, Inc. to Report Q4, 2022 Results on Jul 28, 2022

Investor sentiment improved over the past week

Upcoming dividend of US$0.14 per share

Resources Global Professionals Announces Quarterly Dividend, Payable on June 8, 2022

Third quarter 2022 earnings released: EPS: US$0.59 (vs US$0.021 in 3Q 2021)

Resources Connection, Inc. Provides Earnings Guidance for the Fourth Quarter 2022

Upcoming dividend of US$0.14 per share

Second quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

Upcoming dividend of US$0.14 per share

First quarter 2022 earnings released: EPS US$0.39 (vs US$0.071 in 1Q 2021)