Owens & Minor Management

Management criteria checks 1/4

Owens & Minor's CEO is Ed Pesicka, appointed in Mar 2019, has a tenure of 5.17 years. total yearly compensation is $8.39M, comprised of 11.9% salary and 88.1% bonuses, including company stock and options. directly owns 1.04% of the company’s shares, worth €18.54M. The average tenure of the management team and the board of directors is 2 years and 3.2 years respectively.

Key information

Ed Pesicka

Chief executive officer

US$8.4m

Total compensation

CEO salary percentage	11.9%
CEO tenure	5.2yrs
CEO ownership	1.0%
Management average tenure	2yrs
Board average tenure	3.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ed Pesicka's remuneration changed compared to Owens & Minor's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$8m	US$1m	-US$41m
Sep 30 2023	n/a	n/a	-US$117m
Jun 30 2023	n/a	n/a	-US$98m
Mar 31 2023	n/a	n/a	-US$41m
Dec 31 2022	US$6m	US$975k	US$22m
Sep 30 2022	n/a	n/a	US$122m
Jun 30 2022	n/a	n/a	US$154m
Mar 31 2022	n/a	n/a	US$191m
Dec 31 2021	US$8m	US$912k	US$222m
Sep 30 2021	n/a	n/a	US$230m
Jun 30 2021	n/a	n/a	US$232m
Mar 31 2021	n/a	n/a	US$167m
Dec 31 2020	US$8m	US$912k	US$88m
Sep 30 2020	n/a	n/a	US$32m
Jun 30 2020	n/a	n/a	-US$11m
Mar 31 2020	n/a	n/a	-US$21m
Dec 31 2019	US$6m	US$718k	-US$23m

Compensation vs Market: Ed's total compensation ($USD8.39M) is above average for companies of similar size in the German market ($USD1.61M).

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

CEO

Ed Pesicka (55 yo)

5.2yrs

Tenure

US$8,389,910

Compensation

Mr. Edward A. Pesicka, also known as Ed, serves as Independent Director at Fortrea Holdings Inc. since July 2023. He has been the Chief Executive Officer, President and Director of Owens & Minor, Inc. sinc...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Edward Pesicka	President	5.2yrs	US$8.39m	1.04% $ 18.5m
Alexander Bruni	Executive VP & CFO	1.6yrs	US$2.03m	0.086% $ 1.5m
Andrew Long	Executive VP and CEO of Products & Healthcare Services Segment	1.6yrs	US$4.72m	0.48% $ 8.5m
Daniel Starck	Executive Vice President of Business Excellence	2.3yrs	US$3.15m	0.14% $ 2.4m
Perry Bernocchi	Executive VP & CEO of Patient Direct Segment	1.2yrs	US$3.38m	0.25% $ 4.5m
Michael Lowry	Senior VP	5.9yrs	US$310.84k	0.10% $ 1.8m
Heath Galloway	Executive VP	less than a year	no data	0.079% $ 1.4m
Jonathan Leon	Senior VP & Corporate Treasurer	6yrs	no data	0.11% $ 2.0m
Trudi Allcott	Director of Media Relations	no data	no data	no data

2.0yrs

Average Tenure

56yo

Average Age

Experienced Management: 6OM's management team is not considered experienced ( 2 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Edward Pesicka	President	5.2yrs	US$8.39m	1.04% $ 18.5m
Robert Henkel	Independent Director	4.6yrs	US$325.00k	0.049% $ 865.9k
Stephen Klemash	Independent Director	3.2yrs	US$330.00k	0.025% $ 440.1k
Mark Beck	Independent Chairman	4.8yrs	US$410.00k	0.012% $ 216.7k
Carissa Rollins	Independent Director	1.8yrs	US$300.00k	0.018% $ 320.8k
Teresa Kline	Independent Director	1.9yrs	US$300.00k	0.018% $ 325.9k
Rita Johnson-Mills	Independent Director	1.9yrs	US$300.00k	0.018% $ 325.9k
Gwendolyn Bingham	Independent Director	4.2yrs	US$325.00k	0.029% $ 514.4k
Kenneth Smith	Independent Director	2.2yrs	US$300.00k	0.019% $ 344.4k

3.2yrs

Average Tenure

62yo

Average Age

Experienced Board: 6OM's board of directors are considered experienced (3.2 years average tenure).

Owens & Minor Management

Management criteria checks 1/4

Key information

Recent management updates

Owens & Minor, Inc., Annual General Meeting, May 09, 2024

Owens & Minor, Inc. Announces Resignation of Tammy L. Gomez as Executive Vice President and Chief Human Resources Officer

High number of new directors

Owens & Minor, Inc. Announces Board Changes

Owens & Minor, Inc Names Tammy Gomez EVP and Chief Human Resources Officer

Owens & Minor, Inc. Announces Board Of Directors Appointments, Effective June 1, 2022

Recent updates

Owens & Minor, Inc. to Report Q1, 2024 Results on May 03, 2024

Owens & Minor, Inc., Annual General Meeting, May 09, 2024

Full year 2023 earnings released: US$0.55 loss per share (vs US$0.30 profit in FY 2022)

Owens & Minor, Inc. Provides Earnings Guidance for the Fiscal Year 2024

Owens & Minor, Inc. to Report Q4, 2023 Results on Feb 20, 2024

Owens & Minor, Inc. Announces Resignation of Tammy L. Gomez as Executive Vice President and Chief Human Resources Officer

Owens & Minor, Inc. Provides Revenue Guidance for the Full Year 2023

Third quarter 2023 earnings released: US$0.08 loss per share (vs US$0.17 profit in 3Q 2022)

Owens & Minor, Inc. to Report Q3, 2023 Results on Nov 03, 2023

Second quarter 2023 earnings released: US$0.37 loss per share (vs US$0.38 profit in 2Q 2022)

Owens & Minor, Inc. Provides Earnings Outlook for the Year 2023

Owens & Minor, Inc. to Report Q2, 2023 Results on Aug 04, 2023

Owens & Minor, Inc.(NYSE:OMI) dropped from Russell 2000 Growth Index

First quarter 2023 earnings released: US$0.33 loss per share (vs US$0.53 profit in 1Q 2022)

Owens & Minor, Inc. Revises Earnings Guidance for the Year 2023

Investor sentiment improves as stock rises 19%

Investor sentiment deteriorates as stock falls 16%

Full year 2022 earnings released: EPS: US$0.30 (vs US$3.05 in FY 2021)

Owens & Minor, Inc. to Report Q4, 2022 Results on Feb 28, 2023

Investor sentiment improves as stock rises 15%

High number of new directors

Third quarter 2022 earnings released: EPS: US$0.17 (vs US$0.60 in 3Q 2021)

Owens & Minor, Inc. Provides Earnings Guidance for the Year 2022

Investor sentiment deteriorated over the past week

Owens & Minor, Inc. to Report Q3, 2022 Results on Nov 02, 2022

Second quarter 2022 earnings released: EPS: US$0.38 (vs US$0.91 in 2Q 2021)

Owens & Minor, Inc. Provides Earnings Guidance for the Year 2022

Owens & Minor, Inc. to Report Q2, 2022 Results on Aug 03, 2022

Owens & Minor, Inc. Announces Board Changes

Owens & Minor, Inc Names Tammy Gomez EVP and Chief Human Resources Officer

Owens & Minor, Inc. Announces Board Of Directors Appointments, Effective June 1, 2022

Owens & Minor, Inc. Revised Earnings Guidance for Fiscal 2022

First quarter 2022 earnings released: EPS: US$0.53 (vs US$0.98 in 1Q 2021)

High number of new directors

Owens & Minor, Inc. to Report Q1, 2022 Results on May 03, 2022

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Owens & Minor, Inc. Elects Kenny Gardner to Serve on the Board Effective March 1, 2022

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

Owens & Minor, Inc. Provides Earnings Guidance for the Year 2022

Owens & Minor, Inc. to Report Q4, 2021 Results on Feb 23, 2022

Owens & Minor, Inc. (NYSE:OMI) (OMI) entered into an agreement to acquire Apria, Inc. (NasdaqGS:APR) from Blackstone Inc. (NYSE:BX), John G. Figueroa and Daniel J. Starck and others for $1.4 billion.

Owens & Minor, Inc. (NYSE:OMI) acquired American Contract Systems Inc.

Owens & Minor, Inc. Launces New SAFESKIN Nitrile Gloves in POP-N-GO Packs Provide On-The-Go Protection

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS US$0.60 (vs US$0.76 in 3Q 2020)

Investor sentiment deteriorated over the past week

Owens & Minor, Inc.(NYSE:OMI) dropped from Russell 3000E Value Index

Investor sentiment improved over the past week

Senior VP & Corporate Treasurer recently sold €205k worth of stock

First quarter 2021 earnings released: EPS US$0.98 (vs US$0.15 loss in 1Q 2020)

Owens & Minor, Inc. Approves Second Quarter 2021 Dividend, Payable on June 30, 2021

Independent Director has left the company

Independent Director has left the company

Owens & Minor, Inc., Annual General Meeting, Apr 29, 2021

Investor sentiment improved over the past week

Owens & Minor, Inc. Launches Private Offering of $500 Million Aggregate Principal Amount of Senior Notes Due 2029

Owens & Minor, Inc. Announces Board Changes

Full year 2020 earnings released: EPS US$1.39 (vs US$0.37 loss in FY 2019)

Revenue beats expectations

New 90-day high: €28.02

Owens & Minor, Inc. to Report Q4, 2020 Results on Feb 24, 2021

Owens & Minor, Inc.(NYSE:OMI) dropped from Russell 2000 Defensive Index

New 90-day high: €23.35

Senior VP recently sold €188k worth of stock

Senior VP recently sold €188k worth of stock

Third quarter 2020 earnings released: EPS US$0.76

Revenue beats expectations

Owens & Minor, Inc. to Report Q3, 2020 Results on Nov 02, 2020