Dixie Group Management

Management criteria checks 2/4

Dixie Group's CEO is Dan Frierson, appointed in Jan 1980, has a tenure of 44.83 years. total yearly compensation is $1.16M, comprised of 53.8% salary and 46.2% bonuses, including company stock and options. directly owns 7% of the company’s shares, worth €655.16K. The average tenure of the management team and the board of directors is 18.8 years and 12.8 years respectively.

Key information

Dan Frierson

Chief executive officer

US$1.2m

Total compensation

CEO salary percentage	53.8%
CEO tenure	44.8yrs
CEO ownership	7.0%
Management average tenure	18.8yrs
Board average tenure	12.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Dan Frierson's remuneration changed compared to Dixie Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 28 2024	n/a	n/a	-US$2m
Jun 29 2024	n/a	n/a	-US$524k
Mar 30 2024	n/a	n/a	-US$3m
Dec 30 2023	n/a	n/a	-US$2m
Sep 30 2023	n/a	n/a	-US$23m
Jul 01 2023	n/a	n/a	-US$29m
Apr 01 2023	n/a	n/a	-US$32m
Dec 31 2022	US$976k	US$625k	-US$33m
Sep 24 2022	n/a	n/a	-US$20m
Jun 25 2022	n/a	n/a	-US$6m
Mar 26 2022	n/a	n/a	US$2m
Dec 25 2021	US$2m	US$625k	US$5m
Sep 25 2021	n/a	n/a	US$9m
Jun 26 2021	n/a	n/a	US$3m
Mar 27 2021	n/a	n/a	-US$7m
Dec 26 2020	US$650k	US$574k	-US$10m
Sep 26 2020	n/a	n/a	US$16m
Jun 27 2020	n/a	n/a	US$13m
Mar 28 2020	n/a	n/a	US$19m
Dec 28 2019	US$631k	US$625k	US$15m
Sep 28 2019	n/a	n/a	-US$24m
Jun 29 2019	n/a	n/a	-US$24m
Mar 30 2019	n/a	n/a	-US$25m
Dec 29 2018	US$1m	US$625k	-US$21m
Sep 29 2018	n/a	n/a	-US$17m
Jun 30 2018	n/a	n/a	-US$15m
Mar 31 2018	n/a	n/a	-US$12m
Dec 30 2017	US$686k	US$625k	-US$9m

Compensation vs Market: Dan's total compensation ($USD1.16M) is above average for companies of similar size in the German market ($USD471.55K).

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

CEO

Dan Frierson (82 yo)

44.8yrs

Tenure

US$1,160,744

Compensation

Mr. Daniel K. Frierson, also known as Dan, has been the Chief Executive Officer of The Dixie Group, Inc. since 1980. Mr. Frierson has been the Chairman of The Dixie Group, Inc. since 1987 and has been its...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Daniel Frierson	Chairman & CEO	44.8yrs	US$1.16m	7% € 655.2k
Daniel Frierson	VP, COO & Director	18.8yrs	US$701.13k	2.92% € 273.6k
Thomas Nuckols	VP & President of Dixie Residential	7yrs	US$555.57k	1.13% € 105.9k
Allen Danzey	VP & CFO	4.8yrs	no data	0.65% € 60.6k
W. Davis	VP of Human Resources & Corporate Secretary	33.8yrs	US$234.48k	1.39% € 130.6k

18.8yrs

Average Tenure

57yo

Average Age

Experienced Management: DX6's management team is seasoned and experienced (18.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Daniel Frierson	Chairman & CEO	51.8yrs	US$1.16m	7% € 655.2k
Daniel Frierson	VP, COO & Director	12.8yrs	US$701.13k	2.92% € 273.6k
Hilda Murray	Independent Director	12.8yrs	US$45.60k	0.39% € 36.9k
William Blue	Lead Independent Director	10.1yrs	US$55.60k	0.14% € 13.3k
Michael Owens	Independent Director	10.8yrs	US$55.60k	0.37% € 34.2k

12.8yrs

Average Tenure

67yo

Average Age

Experienced Board: DX6's board of directors are seasoned and experienced ( 12.8 years average tenure).

Dixie Group Management

Management criteria checks 2/4

Key information

Recent management updates

The Dixie Group, Inc., Annual General Meeting, May 01, 2024

Insufficient new directors

Insufficient new directors

The Dixie Group, Inc., Annual General Meeting, May 05, 2021

Recent updates

The Dixie Group, Inc. to Report Q3, 2024 Results on Nov 01, 2024

The Dixie Group Provides Non-Compliance Update

New major risk - Financial position

Second quarter 2024 earnings released: EPS: US$0.045 (vs US$0.11 loss in 2Q 2023)

The Dixie Group, Inc. to Report Q2, 2024 Results on Aug 08, 2024

Now 29% undervalued after recent price drop

Now 22% undervalued

Now 26% overvalued after recent price rise

Now 23% overvalued after recent price rise

New minor risk - Shareholder dilution

First quarter 2024 earnings released: US$0.16 loss per share (vs US$0.11 loss in 1Q 2023)

The Dixie Group, Inc. (NasdaqCM:DXYN) announces an Equity Buyback for $2.8 million worth of its shares.

The Dixie Group, Inc. to Report Q1, 2024 Results on May 02, 2024

The Dixie Group, Inc., Annual General Meeting, May 01, 2024

Full year 2023 earnings released: US$0.13 loss per share (vs US$2.21 loss in FY 2022)

The Dixie Group, Inc. to Report Fiscal Year 2023 Results on Mar 08, 2024

Third quarter 2023 earnings released: US$0.15 loss per share (vs US$0.55 loss in 3Q 2022)

The Dixie Group, Inc. Receives Notification Letter from Nasdaq Regarding Non-Compliance with the Minimum Bid Price Requirement for Continued Inclusion on the Nasdaq Global Market Under Nasdaq Listing Rule 5450(a)(l)

New major risk - Revenue and earnings growth

Second quarter 2023 earnings released: US$0.11 loss per share (vs US$0.26 loss in 2Q 2022)

The Dixie Group, Inc. to Report Q2, 2023 Results on Aug 04, 2023

First quarter 2023 earnings released: US$0.11 loss per share (vs US$0.22 loss in 1Q 2022)

Full year 2022 earnings released: US$2.21 loss per share (vs US$0.33 profit in FY 2021)

Insufficient new directors

Third quarter 2022 earnings released: US$0.55 loss per share (vs US$0.35 profit in 3Q 2021)

The Dixie Group, Inc. to Report Q3, 2022 Results on Nov 03, 2022

The Dixie Group, Inc. (NasdaqGM:DXYN) announces an Equity Buyback for $3 million worth of its shares.

The Dixie Group, Inc. to Report Q2, 2022 Results on Aug 15, 2022

Second quarter 2022 earnings released: US$0.26 loss per share (vs US$0.24 profit in 2Q 2021)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

First quarter 2022 earnings released

Insufficient new directors

Investor sentiment deteriorated over the past week

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

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS US$0.36 (vs US$0.057 in 3Q 2020)

Third quarter 2021 earnings released: EPS US$0.36 (vs US$0.057 in 3Q 2020)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Second quarter 2021 earnings released: EPS US$0.22 (vs US$0.46 loss in 2Q 2020)

Mannington Mills, Inc., entered into an agreement in principle to acquire commercial business of The Dixie Group, Inc.

The Dixie Group, Inc. announced delayed 10-Q filing

The Dixie Group, Inc., Annual General Meeting, May 05, 2021

Full year 2020 earnings released: US$0.59 loss per share (vs US$0.96 profit in FY 2019)

Investor sentiment deteriorated over the past week

The Dixie Group, Inc. to Report Fiscal Year 2020 Results on Mar 04, 2021

New 90-day high: €4.14

Investor sentiment improved over the past week

New 90-day high: €3.04

Investor sentiment improved over the past week

New 90-day high: €2.36

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

New 90-day high: €2.34

Market bids up stock over the past week

Market bids up stock over the past week

Market bids up stock over the past week

Third quarter 2020 earnings released: EPS US$0.059

New 90-day high: €1.05

New 90-day low - €0.70

New 90-day high - €1.08

The Dixie Group, Inc. to Report Q2, 2020 Results on Aug 06, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation