U.S. Silica Holdings Management

Management criteria checks 3/4

U.S. Silica Holdings' CEO is Bryan Shinn, appointed in Jan 2012, has a tenure of 12.25 years. total yearly compensation is $6.14M, comprised of 14.7% salary and 85.3% bonuses, including company stock and options. directly owns 1.78% of the company’s shares, worth €20.61M. The average tenure of the management team and the board of directors is 2.8 years and 9.3 years respectively.

Key information

Bryan Shinn

Chief executive officer

US$6.1m

Total compensation

CEO salary percentage	14.7%
CEO tenure	12.3yrs
CEO ownership	1.8%
Management average tenure	2.8yrs
Board average tenure	9.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Bryan Shinn's remuneration changed compared to U.S. Silica Holdings's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$116m
Dec 31 2023	US$6m	US$900k	US$147m
Sep 30 2023	n/a	n/a	US$149m
Jun 30 2023	n/a	n/a	US$155m
Mar 31 2023	n/a	n/a	US$131m
Dec 31 2022	US$6m	US$892k	US$78m
Sep 30 2022	n/a	n/a	US$28m
Jun 30 2022	n/a	n/a	-US$24m
Mar 31 2022	n/a	n/a	-US$21m
Dec 31 2021	US$6m	US$850k	-US$34m
Sep 30 2021	n/a	n/a	-US$10m
Jun 30 2021	n/a	n/a	-US$4m
Mar 31 2021	n/a	n/a	-US$63m
Dec 31 2020	US$5m	US$773k	-US$114m
Sep 30 2020	n/a	n/a	-US$412m
Jun 30 2020	n/a	n/a	-US$421m
Mar 31 2020	n/a	n/a	-US$382m
Dec 31 2019	US$6m	US$806k	-US$329m
Sep 30 2019	n/a	n/a	-US$292m
Jun 30 2019	n/a	n/a	-US$263m
Mar 31 2019	n/a	n/a	-US$251m
Dec 31 2018	US$4m	US$731k	-US$201m
Sep 30 2018	n/a	n/a	US$127m
Jun 30 2018	n/a	n/a	US$162m
Mar 31 2018	n/a	n/a	US$174m
Dec 31 2017	US$5m	US$669k	US$145m

Compensation vs Market: Bryan's total compensation ($USD6.14M) is above average for companies of similar size in the German market ($USD1.62M).

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

CEO

Bryan Shinn (61 yo)

12.3yrs

Tenure

US$6,142,689

Compensation

Mr. Bryan A. Shinn has been the Chief Executive Officer at U.S. Silica Holdings, Inc. since January 10, 2012 and served as its President since March 2, 2011 until January 2020. Mr. Shinn serves as the Chie...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Bryan Shinn	CEO & Director	12.3yrs	US$6.14m	1.78% $ 20.6m
Kevin Hough	Interim Executive VP & CFO	less than a year	US$874.41k	0.046% $ 528.7k
Stacy Russell	Executive VP	4.3yrs	US$1.64m	0.15% $ 1.8m
J. Ussery	Executive VP and President of Oil & Gas	4.4yrs	US$1.73m	no data
Zach Carusona	Executive VP and President of Industrial & Specialty Products	15.3yrs	US$1.77m	0.16% $ 1.9m
Jay Moreau	Executive VP & COO	less than a year	no data	no data
Eugene Padgett	VP, Chief Accounting Officer & Corporate Controller	less than a year	no data	no data
Patricia Gil	Vice President of Investor Relations	no data	no data	no data
Ida Ashley	Vice President of Human Resources	1.3yrs	no data	no data
Arjun Sreekumar	Manager of Treasury & Investor Relations	no data	no data	no data

2.8yrs

Average Tenure

52yo

Average Age

Experienced Management: USI's management team is considered experienced (2.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Bryan Shinn	CEO & Director	12.3yrs	US$6.14m	1.78% $ 20.6m
Charles Shaver	Independent Chairman of the Board	12.8yrs	US$393.59k	0.16% $ 1.9m
Simon Bates	Independent Director	less than a year	US$163.62k	no data
Diane Duren	Independent Outside Director	6.7yrs	US$278.76k	0.10% $ 1.2m
Peter Bernard	Independent Director	11.9yrs	US$263.91k	0.19% $ 2.3m
William Kacal	Independent Director	12.3yrs	US$273.88k	0.22% $ 2.6m
Jimmi Smith	Independent Director	less than a year	no data	no data
Sandra Rogers	Independent Director	2.5yrs	US$234.03k	0.020% $ 229.7k

9.3yrs

Average Tenure

61yo

Average Age

Experienced Board: USI's board of directors are considered experienced (9.3 years average tenure).

U.S. Silica Holdings Management

Management criteria checks 3/4

Key information

Recent management updates

U.S. Silica Holdings, Inc., Annual General Meeting, May 09, 2024

U.S. Silica Holdings, Inc. Announces Executive Changes

U.S. Silica Holdings, Inc. Appoints Kevin Hough as Interim Chief Financial Officer

U.S. Silica Holdings, Inc. Announces Executive Changes, Effective August 14, 2023

U.S. Silica Holdings, Inc. Appoints Simon Bates as Independent Director

U.S. Silica Holdings, Inc. Announces the Retirement of Michael Winkler as Executive Vice President and Chief Operating Officer

Recent updates

Apollo Global Management, Inc. (NYSE:APO) entered into a definitive agreement to acquire U.S. Silica Holdings, Inc. (NYSE:SLCA) for $1.3 billion.

Apollo Global Management, Inc. (NYSE:APO) entered into a definitive agreement to acquire U.S. Silica Holdings, Inc. (NYSE:SLCA) for $1.3 billion.

First quarter 2024 earnings released: EPS: US$0.18 (vs US$0.58 in 1Q 2023)

U.S. Silica Holdings, Inc. to Report Q1, 2024 Results on Apr 26, 2024

U.S. Silica Holdings, Inc., Annual General Meeting, May 09, 2024

New minor risk - Shareholder dilution

Full year 2023 earnings released: EPS: US$1.91 (vs US$1.04 in FY 2022)

U.S. Silica Holdings, Inc. to Report Q4, 2023 Results on Feb 27, 2024

U.S. Silica Holdings, Inc. Announces Executive Changes

New minor risk - Shareholder dilution

New major risk - Financial position

Third quarter 2023 earnings released: EPS: US$0.35 (vs US$0.42 in 3Q 2022)

U.S. Silica Holdings, Inc. to Report Q3, 2023 Results on Nov 03, 2023

U.S. Silica Holdings, Inc. Appoints Kevin Hough as Interim Chief Financial Officer

U.S. Silica Holdings, Inc. Announces Executive Changes, Effective August 14, 2023

Second quarter 2023 earnings released: EPS: US$0.60 (vs US$0.30 in 2Q 2022)

U.S. Silica Holdings, Inc. to Report Q2, 2023 Results on Jul 27, 2023

U.S. Silica Holdings, Inc. Appoints Simon Bates as Independent Director

U.S. Silica Holdings, Inc. Announces the Launch of EverWhite® Pigment

First quarter 2023 earnings released: EPS: US$0.58 (vs US$0.11 loss in 1Q 2022)

Investor sentiment deteriorates as stock falls 16%

Full year 2022 earnings released: EPS: US$1.04 (vs US$0.45 loss in FY 2021)

U.S. Silica Holdings, Inc. to Report Q4, 2022 Results on Feb 24, 2023

U.S. Silica Holdings, Inc. Announces the Retirement of Michael Winkler as Executive Vice President and Chief Operating Officer

Independent Outside Director recently sold €173k worth of stock

Third quarter 2022 earnings released: EPS: US$0.42 (vs US$0.27 loss in 3Q 2021)

U.S. Silica Holdings, Inc. to Report Q3, 2022 Results on Oct 28, 2022

Independent Director recently sold €757k worth of stock

Executive VP & COO recently sold €2.8m worth of stock

Independent Chairman of the Board recently sold €706k worth of stock

Second quarter 2022 earnings released: EPS: US$0.30 (vs US$0.35 in 2Q 2021)

U.S. Silica Holdings, Inc. to Report Q2, 2022 Results on Jul 29, 2022

U.S. Silica Holdings, Inc.(NYSE:SLCA) dropped from Russell Microcap Value Index

First quarter 2022 earnings released: US$0.11 loss per share (vs US$0.28 loss in 1Q 2021)

U.S. Silica Holdings, Inc. to Report Q1, 2022 Results on Apr 29, 2022

U.S. Silica Holdings, Inc., Annual General Meeting, May 12, 2022

U.S. Silica Holdings, Inc., Annual General Meeting, May 12, 2022

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

U.S. Silica Holdings, Inc. to Report Q4, 2021 Results on Feb 25, 2022

Insufficient new directors

Third quarter 2021 earnings released: US$0.27 loss per share (vs US$0.19 loss in 3Q 2020)

Second quarter 2021 earnings released: EPS US$0.35 (vs US$0.44 loss in 2Q 2020)

Forecast to breakeven in 2023

Independent Director recently bought €127k worth of stock

First quarter 2021 earnings released: US$0.28 loss per share (vs US$0.98 loss in 1Q 2020)

Full year 2020 earnings released: US$1.55 loss per share (vs US$4.49 loss in FY 2019)

Revenue beats expectations

CEO & Director recently sold €129k worth of stock

U.S. Silica Holdings, Inc. to Report Q4, 2020 Results on Feb 26, 2021

New 90-day high: €9.04

Bonnie. C Lind Intents to Retire as Director of U.S. Silica Holdings, Inc

Independent Director has left the company

New 90-day high: €7.20

Insider recently sold €85k worth of stock

New 90-day high: €5.57

New 90-day high: €3.87

Third-quarter earnings released: Revenue misses expectations

Third quarter earnings released

New 90-day low: €2.25

U.S. Silica Holdings, Inc. to Report Q3, 2020 Results on Oct 29, 2020

New 90-day low: €2.50

New 90-day high - €3.84

U.S. Silica Holdings, Inc. to Report Q2, 2020 Results on Jul 31, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure