Samsonite International Management

Management criteria checks 3/4

Samsonite International's CEO is Kyle Gendreau, appointed in May 2018, has a tenure of 5.92 years. total yearly compensation is $9.60M, comprised of 13.5% salary and 86.5% bonuses, including company stock and options. directly owns 0.13% of the company’s shares, worth €6.14M. The average tenure of the management team and the board of directors is 5.9 years and 11.4 years respectively.

Key information

Kyle Gendreau

Chief executive officer

US$9.6m

Total compensation

CEO salary percentage	13.5%
CEO tenure	5.9yrs
CEO ownership	0.1%
Management average tenure	5.9yrs
Board average tenure	11.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Kyle Gendreau's remuneration changed compared to Samsonite International's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	US$417m
Sep 30 2023	n/a	n/a	US$466m
Jun 30 2023	n/a	n/a	US$409m
Mar 31 2023	n/a	n/a	US$370m
Dec 31 2022	US$10m	US$1m	US$313m
Sep 30 2022	n/a	n/a	US$277m
Jun 30 2022	n/a	n/a	US$213m
Mar 31 2022	n/a	n/a	US$103m
Dec 31 2021	US$9m	US$1m	US$14m
Sep 30 2021	n/a	n/a	-US$341m
Jun 30 2021	n/a	n/a	-US$446m
Mar 31 2021	n/a	n/a	-US$563m
Dec 31 2020	US$3m	US$1m	-US$1b
Sep 30 2020	n/a	n/a	-US$1b
Jun 30 2020	n/a	n/a	-US$891m
Mar 31 2020	n/a	n/a	-US$678m
Dec 31 2019	US$4m	US$1m	US$133m
Sep 30 2019	n/a	n/a	US$196m
Jun 30 2019	n/a	n/a	US$218m
Mar 31 2019	n/a	n/a	US$216m
Dec 31 2018	US$3m	US$1m	US$237m
Sep 30 2018	n/a	n/a	US$338m
Jun 30 2018	n/a	n/a	US$319m
Mar 31 2018	n/a	n/a	US$341m
Dec 31 2017	US$3m	US$700k	US$334m

Compensation vs Market: Kyle's total compensation ($USD9.60M) is above average for companies of similar size in the German market ($USD3.42M).

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

CEO

Kyle Gendreau (53 yo)

5.9yrs

Tenure

US$9,600,000

Compensation

Mr. Kyle Francis Gendreau has been Chief Executive Officer and Executive Director of Samsonite International S.A. since May 31, 2018 and March 2011 respectively, where he is responsible for the overall str...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Kyle Gendreau	CEO & Executive Director	5.9yrs	US$9.60m	0.13% $ 6.1m
Reza Taleghani	CFO, Executive VP & Treasurer	5.4yrs	no data	no data
William Morrison	Chief Information Officer	4yrs	no data	no data
William Yue	Senior Director of Investor Relations	no data	no data	no data
John Livingston	Executive VP	no data	no data	no data
Marjorie Whitlock	Senior Vice President of Global Human Resources	6.8yrs	no data	no data
Fabio Rugarli	President of Europe	7.3yrs	no data	no data
Subrata Dutta	President of Asia Pacific & Middle East	1.5yrs	no data	no data
Frank Ma	President of Greater China	9.3yrs	no data	no data
Juan Roberto Martínez	President of Latin America	9.9yrs	no data	no data
Lynne Berard	President of North America	no data	no data	no data
Andrew Dawson	President of Tumi North America	3.1yrs	no data	no data

5.9yrs

Average Tenure

57yo

Average Age

Experienced Management: 1SO's management team is seasoned and experienced (5.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Kyle Gendreau	CEO & Executive Director	13.1yrs	US$9.60m	0.13% $ 6.1m
Timothy Parker	Non-Executive Chairman	13.1yrs	US$500.00k	4.03% $ 190.7m
Ying Yeh	Independent Non Executive Director	12.9yrs	US$100.00k	0.00021% $ 9.9k
Jerome Griffith	Independent Non-Executive Director	7.6yrs	US$100.00k	no data
Paul Kenneth Etchells	Independent Non-Executive Director	12.9yrs	US$200.00k	0.0069% $ 324.0k
Thomas Korbas	Independent Non-Executive Director	9.8yrs	US$100.00k	0.048% $ 2.3m
Claire Bennett	Independent Non-Executive Director	1.8yrs	US$100.00k	no data
Angela Brav	Independent Non-Executive Director	1.8yrs	US$100.00k	no data

11.4yrs

Average Tenure

65.5yo

Average Age

Experienced Board: 1SO's board of directors are seasoned and experienced ( 11.4 years average tenure).

Samsonite International Management

Management criteria checks 3/4

Key information

Recent management updates

Samsonite International S.A., Annual General Meeting, Jun 06, 2024

Samsonite International S.A. Appoints Subrata Dutta as President, Asia Pacific and Middle East

Samsonite International S.A. Announces Resignation of Chow Yuk Yin, Ivy as Joint Company Secretary and Authorised Representative

Samsonite International S.A. Announces Resignation of Paul Melkebeke as the Group's President, Asia Pacific and Middle East

Samsonite International S.A. Announces Board Changes

Insufficient new directors

Recent updates

Samsonite International S.A., Annual General Meeting, Jun 06, 2024

Samsonite International S.A. to Report Q1, 2024 Results on May 14, 2024

Samsonite International S.A. Proposes Cash Distribution for the Year Ended 31 December 2023, Payable on 16 July 2024

Full year 2023 earnings released: EPS: US$0.29 (vs US$0.22 in FY 2022)

Carlyle, CVC, KKR Reportedly Show Interest in Potential Takeover of Samsonite

Investor sentiment improves as stock rises 18%

Samsonite International S.A. to Report Q4, 2023 Results on Mar 13, 2024

Samsonite Europe Unpack New Oracle Cloud Solutions to Serve Global Travelers

Third quarter 2023 earnings released: EPS: US$0.08 (vs US$0.04 in 3Q 2022)

Samsonite International S.A. to Report Q3, 2023 Results on Nov 13, 2023

Investor sentiment improves as stock rises 17%

New minor risk - Earnings quality

Second quarter 2023 earnings released: EPS: US$0.055 (vs US$0.028 in 2Q 2022)

Samsonite International S.A. to Report First Half, 2023 Results on Aug 16, 2023

First quarter 2023 earnings released: EPS: US$0.051 (vs US$0.011 in 1Q 2022)

Full year 2022 earnings released: EPS: US$0.22 (vs US$0.01 in FY 2021)

Now 21% undervalued

Samsonite International S.A. to Report Fiscal Year 2022 Results on Mar 15, 2023

Now 20% undervalued

Samsonite International S.A. announced that it has received $10.784313 million in funding

Third quarter 2022 earnings released: EPS: US$0.04 (vs US$0.004 loss in 3Q 2021)

Third quarter 2022 earnings released: EPS: US$0.04 (vs US$0.004 loss in 3Q 2021)

Now 22% undervalued

Samsonite Collaborates with the Estate of Jean-Michel Basquiat

Samsonite International S.A. Appoints Subrata Dutta as President, Asia Pacific and Middle East

Samsonite International S.A. Announces Resignation of Chow Yuk Yin, Ivy as Joint Company Secretary and Authorised Representative

Samsonite International S.A. to Report First Half, 2022 Results on Aug 17, 2022

An Unknown buyer completed the acquisition of Business in Russia from Samsonite International S.A. (SEHK:1910).

Samsonite International S.A. Announces Divestment of Russia Business

Samsonite International S.A. Announces Resignation of Paul Melkebeke as the Group's President, Asia Pacific and Middle East

Samsonite International S.A. Introduces Dynamic New Elevation Plus Collection

Samsonite International S.A. Announces Board Changes

First quarter 2022 earnings released: EPS: US$0.011 (vs US$0.051 loss in 1Q 2021)

Insufficient new directors

Samsonite International S.A. Announces Executive Resignations

Samsonite International S.A. to Report Q1, 2022 Results on May 12, 2022

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

Samsonite International S.A. to Report Fiscal Year 2021 Final Results on Mar 16, 2022

Third quarter 2021 earnings released: US$0.004 loss per share (vs US$0.077 loss in 3Q 2020)

Second quarter 2021 earnings released: US$0.049 loss per share (vs US$0.13 loss in 2Q 2020)

Samsonite International S.A.'s Gregory Launched Two New Backpacks

First quarter 2021 earnings released: US$0.051 loss per share (vs US$0.55 loss in 1Q 2020)

President of Tumi North America Jean DeCicco has left the company

Samsonite International S.A. Provides Sales Guidance for 2021

Full year 2020 earnings released: US$0.89 loss per share (vs US$0.093 profit in FY 2019)

Samsonite International S.A. Announces Tom Korbas Has Been Re-Designated from A Non-Executive Director to an Independent Non-Executive Director

Samsonite International S.A. to Report Fiscal Year 2020 Results on Mar 17, 2021

New 90-day high: €1.61

New 90-day high: €1.50

New 90-day high: €1.49

Samsonite International S.A. Announces Management Changes

Revenue misses expectations

Third quarter 2020 earnings released: US$0.077 loss per share

New 90-day high: €1.07

Samsonite International S.A. to Report Q3, 2020 Results on Nov 12, 2020

First half earnings released

Earnings released

Samsonite International S.A. to Report First Half, 2020 Results on Aug 19, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age