Carter's Management

Management criteria checks 3/4

Carter's' CEO is Mike Casey, appointed in Aug 2008, has a tenure of 16.25 years. total yearly compensation is $10.09M, comprised of 12.7% salary and 87.3% bonuses, including company stock and options. directly owns 1.25% of the company’s shares, worth €23.24M. The average tenure of the management team and the board of directors is 6.8 years and 4.9 years respectively.

Key information

Mike Casey

Chief executive officer

US$10.1m

Total compensation

CEO salary percentage	12.7%
CEO tenure	16.3yrs
CEO ownership	1.3%
Management average tenure	6.8yrs
Board average tenure	4.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mike Casey's remuneration changed compared to Carter's's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 28 2024	n/a	n/a	US$226m
Jun 29 2024	n/a	n/a	US$234m
Mar 30 2024	n/a	n/a	US$230m
Dec 30 2023	US$10m	US$1m	US$228m
Sep 30 2023	n/a	n/a	US$203m
Jul 01 2023	n/a	n/a	US$202m
Apr 01 2023	n/a	n/a	US$215m
Dec 31 2022	US$9m	US$1m	US$246m
Oct 01 2022	n/a	n/a	US$263m
Jul 02 2022	n/a	n/a	US$283m
Apr 02 2022	n/a	n/a	US$317m
Jan 01 2022	US$11m	US$1m	US$336m
Oct 02 2021	n/a	n/a	US$338m
Jul 03 2021	n/a	n/a	US$335m
Apr 03 2021	n/a	n/a	US$273m
Jan 02 2021	US$7m	US$868k	US$109m
Sep 26 2020	n/a	n/a	US$135m
Jun 27 2020	n/a	n/a	US$113m
Mar 28 2020	n/a	n/a	US$148m
Dec 28 2019	US$8m	US$1m	US$261m
Sep 28 2019	n/a	n/a	US$267m
Jun 29 2019	n/a	n/a	US$279m
Mar 30 2019	n/a	n/a	US$272m
Dec 29 2018	US$7m	US$1m	US$280m
Sep 29 2018	n/a	n/a	US$285m
Jun 30 2018	n/a	n/a	US$296m
Mar 31 2018	n/a	n/a	US$296m
Dec 30 2017	US$8m	US$1m	US$300m

Compensation vs Market: Mike's total compensation ($USD10.09M) is above average for companies of similar size in the German market ($USD1.66M).

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

CEO

Mike Casey (63 yo)

16.3yrs

Tenure

US$10,088,132

Compensation

Mr. Michael D. Casey, also known as Mike, has been the Chief Executive Officer of Carter's, Inc. since August 1, 2008 and serves as its President. Mr. Casey joined Carter's, Inc. in 1993 as Vice President...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Michael Casey	CEO, President & Chairman	16.3yrs	US$10.09m	1.25% € 23.2m
Richard Westenberger	Senior EVP	15.8yrs	US$2.90m	0.32% € 5.9m
Julie D'Emilio	Executive Vice President of Global Sales	8.8yrs	US$1.87m	0.13% € 2.4m
Brian Lynch	Consultant	less than a year	US$4.38m	0.18% € 3.4m
Kendra Krugman	Senior EVP and Chief Creative & Growth Officer	8.8yrs	US$3.10m	0.20% € 3.7m
Benjamin Pivar	Senior VP & Chief Information Officer	6.8yrs	no data	0.062% € 1.2m
Antonio Robinson	Senior VP of Corporate Social Responsibility	1.8yrs	no data	0.068% € 1.3m
Lindsay Rider	Senior Director of Public Affairs	no data	no data	no data
Jeffrey Jenkins	Executive Vice President of Global Marketing	5.8yrs	no data	0.098% € 1.8m
Jill Wilson	Senior Vice President of Human Resources & Talent Development	15.8yrs	no data	0.086% € 1.6m
Hilary Duff	Chief Mom Officer	2.5yrs	no data	no data
Karen Smith	Executive Vice President of Supply Chain	2.4yrs	no data	0.072% € 1.3m

6.8yrs

Average Tenure

56.5yo

Average Age

Experienced Management: HCH's management team is seasoned and experienced (6.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Michael Casey	CEO, President & Chairman	16.3yrs	US$10.09m	1.25% € 23.2m
Gretchen Schar	Independent Director	5.3yrs	US$291.05k	0.036% € 673.9k
Jevin Eagle	Independent Director	14.3yrs	US$287.05k	0.051% € 939.5k
William Montgoris	Lead Independent Director	17.3yrs	US$323.05k	0.13% € 2.3m
Luis Borgen	Independent Director	3yrs	US$270.05k	0.025% € 463.9k
Stacey Rauch	Independent Director	2.5yrs	US$266.05k	0.024% € 444.9k
Stephanie Stahl	Independent Director	2.5yrs	US$267.05k	0.024% € 444.9k
Mark Hipp	Independent Director	6.8yrs	US$269.05k	0.035% € 645.1k
Hali Borenstein	Independent Director	4.9yrs	US$258.05k	0.035% € 644.3k
Jeffrey Black	Independent Director	2.5yrs	US$261.05k	0.024% € 444.9k
Rochester Anderson	Independent Director	2.5yrs	US$262.05k	0.024% € 444.9k

4.9yrs

Average Tenure

62yo

Average Age

Experienced Board: HCH's board of directors are considered experienced (4.9 years average tenure).

Carter's Management

Management criteria checks 3/4

Key information

Recent management updates

Carter's, Inc., Annual General Meeting, May 16, 2024

Carter’s, Inc. Announces Leadership Changes

Chairman & CEO recently sold €4.0m worth of stock

President & COO recently sold €783k worth of stock

High number of new directors

Lead Independent Director recently bought €65k worth of stock

Recent updates

Carter's, Inc. Announces Quarterly Dividend, Payable on December 6, 2024

Investor sentiment deteriorates as stock falls 18%

Third quarter 2024 earnings released: EPS: US$1.62 (vs US$1.78 in 3Q 2023)

Carter's, Inc. to Report Q3, 2024 Results on Oct 25, 2024

Second quarter dividend of US$0.80 announced

Carter's, Inc. Announces Quarterly Dividend, Payable on September 13, 2024

Second quarter 2024 earnings released: EPS: US$0.76 (vs US$0.64 in 2Q 2023)

Carter's, Inc. Provides Revenue Guidance for the Third Quarter and Fiscal Year 2024

Now 21% overvalued

Carter's, Inc. to Report Q2, 2024 Results on Jul 26, 2024

First quarter dividend of US$0.80 announced

Carter’s, Inc. Declares Quarterly Dividend, Payable on June 7, 2024

Carter's, Inc. Provides Revenue Guidance for Second Quarter and Full Year 2024

First quarter 2024 earnings released: EPS: US$1.04 (vs US$0.95 in 1Q 2023)

Carter's, Inc. to Report Q1, 2024 Results on Apr 26, 2024

Carter's, Inc., Annual General Meeting, May 16, 2024

Fourth quarter dividend of US$0.80 announced

Carter's, Inc. Provides Revenue Guidance for Fiscal Year 2024 and First Quarter of Fiscal 2024

Full year 2023 earnings released: EPS: US$6.24 (vs US$6.35 in FY 2022)

Carter's, Inc. to Report Q4, 2023 Results on Feb 27, 2024

Carter’s, Inc. Announces Leadership Changes

Chairman & CEO recently sold €4.0m worth of stock

Carter's, Inc. Announces Quarterly Dividend, Payable on December 8, 2023

President & COO recently sold €783k worth of stock

Carter's, Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year 2023

Third quarter 2023 earnings released: EPS: US$1.78 (vs US$1.67 in 3Q 2022)

Carter's, Inc. to Report Q3, 2023 Results on Oct 27, 2023

Upcoming dividend of US$0.75 per share at 4.3% yield

Carter's, Inc. Declares Quarterly Dividend, Payable on September 15, 2023

Carter's, Inc. Provides Earnings Guidance for the Third Quarter and for Full Year 2023

Second quarter 2023 earnings released: EPS: US$0.64 (vs US$0.93 in 2Q 2022)

Carter's, Inc. to Report Q2, 2023 Results on Jul 28, 2023

Carter's, Inc. Declares Quarterly Dividend, Payable on June 9, 2023

First quarter 2023 earnings released: EPS: US$0.95 (vs US$1.66 in 1Q 2022)

Full year 2022 earnings released: EPS: US$6.35 (vs US$7.83 in FY 2021)

Upcoming dividend of US$0.75 per share

Carter’s, Inc. Announces Quarterly Dividend, Payable on December 9, 2022

High number of new directors

Third quarter 2022 earnings released: EPS: US$1.67 (vs US$1.94 in 3Q 2021)

Carter's, Inc. Provides Sales Guidance for the Fourth Quarter and Full Year of Fiscal Year 2022

Carter's, Inc. to Report Q3, 2022 Results on Oct 28, 2022

Carter's, Inc. and Hilary Duff Unveil First Limited-Edition Collection

Upcoming dividend of US$0.75 per share

Carter’s, Inc. Announces Quarterly Dividend, Payable on September 16, 2022

Second quarter 2022 earnings released: EPS: US$0.93 (vs US$1.63 in 2Q 2021)

Carter's, Inc. to Report Q2, 2022 Results on Jul 29, 2022

Lead Independent Director recently bought €65k worth of stock

High number of new directors

Carter's, Inc. Announces Board Changes

Carter's, Inc. Announces Board Changes

Independent Director recently bought €71k worth of stock

Carter’s, Inc. Declares Quarterly Dividend, Payable on June 10, 2022

Carter’s, Inc. Appoints Hilary Duff as Chief Mom Officer

First quarter 2022 earnings released: EPS: US$1.66 (vs US$1.96 in 1Q 2021)

Carter's, Inc. to Report Q1, 2022 Results on Apr 29, 2022

Carter's, Inc., Annual General Meeting, May 18, 2022

Investor sentiment improved over the past week

Upcoming dividend of US$0.75 per share

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Carter's, Inc. Provides Earnings Guidance for the First Quarter, First Half and Fiscal Year 2022

Carter's, Inc. to Report Q4, 2021 Results on Feb 25, 2022

Upcoming dividend of US$0.60 per share

Third quarter 2021 earnings released: EPS US$1.94 (vs US$1.86 in 3Q 2020)

Upcoming dividend of US$0.40 per share

Second quarter 2021 earnings released: EPS US$1.63 (vs US$0.19 in 2Q 2020)

Independent Director has left the company

Independent Director has left the company

Insider recently sold €58k worth of stock

Senior VP & Chief Information Officer recently sold €42k worth of stock