Spin Master Management

Management criteria checks 2/4

Spin Master's CEO is Max Rangel, appointed in Jan 2021, has a tenure of 3.33 years. total yearly compensation is $7.38M, comprised of 11.9% salary and 88.1% bonuses, including company stock and options. directly owns 0.11% of the company’s shares, worth €2.40M. The average tenure of the management team and the board of directors is 4.3 years and 6.4 years respectively.

Key information

Max Rangel

Chief executive officer

US$7.4m

Total compensation

CEO salary percentage	11.9%
CEO tenure	3.3yrs
CEO ownership	0.1%
Management average tenure	4.3yrs
Board average tenure	6.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Max Rangel's remuneration changed compared to Spin Master's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$7m	US$876k	US$151m
Sep 30 2023	n/a	n/a	US$168m
Jun 30 2023	n/a	n/a	US$154m
Mar 31 2023	n/a	n/a	US$214m
Dec 31 2022	US$4m	US$738k	US$261m
Sep 30 2022	n/a	n/a	US$302m
Jun 30 2022	n/a	n/a	US$296m
Mar 31 2022	n/a	n/a	US$241m
Dec 31 2021	US$10m	US$743k	US$199m

Compensation vs Market: Max's total compensation ($USD7.38M) is above average for companies of similar size in the German market ($USD1.61M).

Compensation vs Earnings: Max's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Max Rangel (53 yo)

3.3yrs

Tenure

US$7,376,384

Compensation

Mr. Max Rangel is Director at Spin Master Corp. since May 6, 2021. He has been Chief Executive Officer and Global President at Spin Master Corp. since April 2021 and January 2021 respectively. Mr. Rangel j...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Max Rangel	Global President	3.3yrs	US$7.38m	0.11% $ 2.4m
Ben Varadi	Co-Founder	no data	US$1.80m	2.6% $ 55.9m
Mark Segal	CFO & Executive VP	9.2yrs	US$1.38m	0.23% $ 4.9m
Tara Deakin	Executive VP & Chief People Officer	4.3yrs	US$4.17m	0.025% $ 547.8k
Christopher Beardall	President of Toys	3.3yrs	US$1.10m	0% $ 0
Ronnen Harary	Co-Founder & Chairman	9.3yrs	no data	0.14% $ 3.0m
Anton Rabie	Co-Founder & Director	no data	US$1.15m	27.8% $ 597.5m
Paul Blom	Executive Vice President of Global Operations & Supply Chain	4.3yrs	US$2.02m	no data
Jason Wilson	Executive VP & Chief Information Officer	no data	US$1.59m	0.0054% $ 116.3k
Sophia Bisoukis	Vice President of Investor Relations	no data	no data	no data
Christopher Harrs	Executive VP	20.3yrs	no data	0% $ 0
Tammy Smitham	Vice President of Communications & CSR	no data	no data	no data

4.3yrs

Average Tenure

53yo

Average Age

Experienced Management: SP9's management team is considered experienced (4.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Max Rangel	Global President	3yrs	US$7.38m	0.11% $ 2.4m
Ben Varadi	Co-Founder	9.3yrs	US$1.80m	2.6% $ 55.9m
Ronnen Harary	Co-Founder & Chairman	9.3yrs	no data	0.14% $ 3.0m
Anton Rabie	Co-Founder & Director	9.3yrs	US$1.15m	27.8% $ 597.5m
William Clark	Deputy Chair	3yrs	US$450.00k	0.034% $ 723.9k
Kevin Glass	Independent Director	3.9yrs	US$202.50k	no data
Charles Winograd	Lead Independent Director	9.3yrs	US$237.50k	0.0053% $ 114.8k
Reginald Fils-Aime	Independent Director	4yrs	US$177.50k	no data
Christina Miller	Independent Director	4yrs	US$177.50k	no data
Dina Howell	Independent Director	8.8yrs	US$202.50k	no data
Jeffrey Cohen	Director	9.3yrs	US$92.50k	0.0027% $ 57.4k
Michael Blank	Independent Director	2yrs	US$177.50k	no data

6.4yrs

Average Tenure

56.5yo

Average Age

Experienced Board: SP9's board of directors are considered experienced (6.4 years average tenure).

Spin Master Management

Management criteria checks 2/4

Key information

Recent management updates

CFO & Executive VP recently sold €285k worth of stock

Spin Master Corp., Annual General Meeting, May 08, 2024

Insider recently sold €239k worth of stock

Insider recently sold €128k worth of stock

Global President recently sold €1.1m worth of stock

Spin Master Corp., Annual General Meeting, May 04, 2023

Recent updates

Spin Master Corp. to Report Q1, 2024 Results on May 07, 2024

CFO & Executive VP recently sold €285k worth of stock

Upcoming dividend of CA$0.06 per share

Fourth quarter dividend of CA$0.06 announced

New minor risk - Earnings quality

Spin Master Corp. Declares Dividend on Outstanding Subordinate Voting Share and Multiple Voting Share, Payable on April 12, 2024

Full year 2023 earnings released: EPS: US$1.46 (vs US$2.54 in FY 2022)

Spin Master Corp., Annual General Meeting, May 08, 2024

Spin Master Corp. to Report Q4, 2023 Results on Feb 28, 2024

Upcoming dividend of CA$0.06 per share at 0.7% yield

Insider recently sold €239k worth of stock

Third quarter 2023 earnings released: EPS: US$1.50 (vs US$1.37 in 3Q 2022)

Spin Master Corp. Updates Earnings Guidance for the Year 2023

Spin Master Debuts New Fantasy-Adventure Series Unicorn Academy™ Premiering Thursday, November 2nd

Spin Master Corp. (TSX:TOY) entered into a definitive agreement to acquire Melissa & Doug, LLC for $1.1 billion.

Spin Master Corp. Launches Piknik, A New Preschool App Subscription Service

Spin Master Corp. to Report Q3, 2023 Results on Nov 01, 2023

Spin Master Entertainment, Nickelodeon Movies and Paramount Pictures Announce Third PAW Patrol® Feature Film In the Works

Spin Master's Paw Patrol: the Mighty Movie Toy Line Creates A Sensation in Saudi Arabia

Upcoming dividend of CA$0.06 per share at 0.7% yield

Now 20% undervalued after recent price drop

New minor risk - Profit margin trend

Second quarter 2023 earnings released: EPS: US$0.27 (vs US$0.86 in 2Q 2022)

Spin Master Corp. to Report Q2, 2023 Results on Aug 02, 2023

Spin Master Corp. Debuts Innovation in the Digital Pet Category with Bitzee

Upcoming dividend of CA$0.06 per share at 0.7% yield

Insider recently sold €128k worth of stock

First quarter 2023 earnings released: US$0.018 loss per share (vs US$0.45 profit in 1Q 2022)

Now 22% undervalued

Now 20% undervalued

Global President recently sold €1.1m worth of stock

Upcoming dividend of CA$0.06 per share at 0.6% yield

Full year 2022 earnings released

Spin Master Corp., Annual General Meeting, May 04, 2023

Spin Master Corp. to Report Q4, 2022 Results on Mar 08, 2023

Spin Master Corp. agreed to acquire HEXBUG from Innovation First, Inc.

Upcoming dividend of CA$0.06 per share

Spin Master Corp. (TSX:TOY) entered into an agreement to acquire 4D Brands International Inc.

Investor sentiment deteriorated over the past week

Third quarter 2022 earnings released: EPS: US$1.37 (vs US$1.32 in 3Q 2021)

Spin Master Corp. Declares Dividend, Payable on January 13, 2023

Spin Master Corp. to Report Q3, 2022 Results on Nov 02, 2022

Insider recently sold €2.6m worth of stock

Second quarter 2022 earnings released: EPS: US$0.86 (vs US$0.33 in 2Q 2021)

Spin Master Corp. Announces Quarterly Dividend , Payable on October 14, 2022

Spin Master Corp. to Report Q2, 2022 Results on Jul 27, 2022

First quarter 2022 earnings released

Spin Master Corp. Announces Board Changes

Spin Master Revised Earnings Guidance for Fiscal 2022

High number of new directors

Spin Master Corp. to Report Q1, 2022 Results on May 04, 2022

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

Spin Master Corp. Provides Earnings Guidance for the Full Year 2022

Now 20% undervalued after recent price drop

Spin Master Corp., Annual General Meeting, May 05, 2022

Investor sentiment improved over the past week

Now 22% undervalued

Key Executive recently sold €409k worth of stock

Third quarter 2021 earnings released

Social Media Stars Collaborate with Spin Master on Stylish P.Lushes Pets Plush

Spin Master Corp. Discovers New Magical Species, Peek-A-Roo™ an Interactive Panda - Kangaroo with Surprise Baby Reveal

Spin Master Corp. (TSX:TOY) acquired Originator Inc for $29 million.

Second quarter 2021 earnings released

Spin Master Corp. Debuts PAW-Dropping Toy Collection for PAW Patrol

First quarter 2021 earnings released

Investor sentiment improved over the past week

Spin Master Corp. Provides Revenue Guidance for the Year 2021

Co-Founder recently sold €64k worth of stock

Co-Founder recently bought €3.5m worth of stock