Patterson Companies Management

Management criteria checks 1/4

Patterson Companies' CEO is Don Zurbay, appointed in Oct 2022, has a tenure of 1.58 years. total yearly compensation is $5.54M, comprised of 13.7% salary and 86.3% bonuses, including company stock and options. directly owns 0.085% of the company’s shares, worth €1.82M. The average tenure of the management team and the board of directors is 1.6 years and 6.6 years respectively.

Key information

Don Zurbay

Chief executive officer

US$5.5m

Total compensation

CEO salary percentage	13.7%
CEO tenure	1.6yrs
CEO ownership	0.09%
Management average tenure	1.6yrs
Board average tenure	6.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Don Zurbay's remuneration changed compared to Patterson Companies's earnings?
Date	Total Compensation	Salary	Company Earnings
Jan 27 2024	n/a	n/a	US$194m
Oct 28 2023	n/a	n/a	US$200m
Jul 29 2023	n/a	n/a	US$214m
Apr 29 2023	US$6m	US$757k	US$208m
Jan 28 2023	n/a	n/a	US$196m
Oct 29 2022	n/a	n/a	US$200m
Jul 30 2022	n/a	n/a	US$194m
Apr 30 2022	US$3m	US$571k	US$203m
Jan 29 2022	n/a	n/a	US$168m
Oct 30 2021	n/a	n/a	US$160m
Jul 31 2021	n/a	n/a	US$166m
Apr 24 2021	US$2m	US$498k	US$156m
Jan 23 2021	n/a	n/a	-US$481m
Oct 24 2020	n/a	n/a	-US$507m
Jul 25 2020	n/a	n/a	-US$594m
Apr 25 2020	US$2m	US$538k	-US$588m
Jan 25 2020	n/a	n/a	US$48m
Oct 26 2019	n/a	n/a	US$56m
Jul 27 2019	n/a	n/a	US$118m
Apr 27 2019	US$3m	US$440k	US$84m

Compensation vs Market: Don's total compensation ($USD5.54M) is above average for companies of similar size in the German market ($USD1.61M).

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

CEO

Don Zurbay (55 yo)

1.6yrs

Tenure

US$5,540,868

Compensation

Mr. Donald J. Zurbay, also known as Don, serves as Independent Director of Sight Sciences, Inc since June 16, 2020. Mr. Zurbay serves as the Chief Executive Officer, President and Director of Patterson Com...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Donald Zurbay	CEO, President & Director	1.6yrs	US$5.54m	0.085% $ 1.8m
Kevin Barry	Chief Financial Officer	1.6yrs	US$1.61m	0.0098% $ 210.1k
Kevin Pohlman	Chief Operating Officer	1.4yrs	US$1.86m	0.12% $ 2.5m
Les Korsh	Chief Legal Officer & Corporate Secretary	8.8yrs	US$1.52m	0.075% $ 1.6m
Timothy Rogan	President of Dental	2.8yrs	US$1.25m	0.053% $ 1.1m
Dave Lardy	Chief Information Officer	7.5yrs	no data	no data
John Wright	Vice President of Investor Relations	8.5yrs	no data	no data
Shivani Kaul	Chief Compliance Officer	4.2yrs	no data	no data
Samantha Bergeson	Chief Human Resources Officer	less than a year	no data	0.0086% $ 182.5k
George Henriques	President of Companion Animal	1.4yrs	US$1.50m	no data
Steve Cunningham	President of Production Animal	1.4yrs	no data	no data
Mike Grazer	Executive Vice President of Operations	less than a year	no data	no data

1.6yrs

Average Tenure

53yo

Average Age

Experienced Management: PD2's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Donald Zurbay	CEO, President & Director	1.6yrs	US$5.54m	0.085% $ 1.8m
Ellen Rudnick	Independent Director	20.4yrs	US$271.69k	0.085% $ 1.8m
Jody Feragen	Independent Director	12.7yrs	US$255.03k	0.055% $ 1.2m
John Buck	Independent Non-Executive Chairman of the Board	17.4yrs	US$380.03k	0.095% $ 2.0m
Neil Schrimsher	Independent Director	10.2yrs	US$290.03k	0.046% $ 975.2k
Robert Frenzel	Independent Director	6.2yrs	US$280.03k	0.034% $ 724.2k
Alex Blanco	Independent Director	7.1yrs	US$263.36k	0.037% $ 797.0k
Philip McKoy	Independent Director	2.4yrs	US$255.03k	0.011% $ 245.0k
Meenu Agarwal	Independent Director	less than a year	no data	0.0056% $ 118.4k
Pamela Tomczik	Independent Director	less than a year	no data	no data

6.6yrs

Average Tenure

59yo

Average Age

Experienced Board: PD2's board of directors are considered experienced (6.6 years average tenure).

Patterson Companies Management

Management criteria checks 1/4

Key information

Recent management updates

Patterson Companies Elects Pamela Tomczik to Board of Directors

Patterson Companies, Inc. Elects Meenu Agarwal to Board of Directors

Patterson Companies Announces Executive Appointments

Patterson Companies, Inc. Appoints Kevin Barry as Chief Financial Officer

Patterson Companies, Inc. Announces Executive Changes

Patterson Companies, Inc., Annual General Meeting, Sep 12, 2022

Recent updates

Upcoming dividend of US$0.26 per share

Third quarter dividend of US$0.26 announced

Patterson Companies, Inc. (NasdaqGS:PDCO) announces an Equity Buyback for $500 million worth of its shares.

Patterson Companies, Inc. Revises Earnings Guidance for the Fiscal Year of 2024

Third quarter 2024 earnings released: EPS: US$0.52 (vs US$0.55 in 3Q 2023)

Patterson Companies, Inc. to Report Q3, 2024 Results on Feb 28, 2024

Patterson Companies Elects Pamela Tomczik to Board of Directors

Upcoming dividend of US$0.26 per share at 3.5% yield

Patterson Companies, Inc.(NasdaqGS:PDCO) dropped from S&P 400

Patterson Companies, Inc. Declares Regular Quarterly Cash Dividend, Payable on or about, February 2, 2024

Second quarter 2024 earnings released: EPS: US$0.42 (vs US$0.56 in 2Q 2023)

Patterson Companies, Inc. to Report Q2, 2024 Results on Nov 29, 2023

Upcoming dividend of US$0.26 per share at 3.5% yield

Patterson Companies, Inc. Declares Regular Quarterly Cash Dividend, Payable on or about November 3, 2023

Patterson Companies, Inc. to Report Q1, 2024 Results on Aug 30, 2023

Upcoming dividend of US$0.26 per share at 3.2% yield

Investor sentiment improves as stock rises 22%

Full year 2023 earnings released: EPS: US$2.14 (vs US$2.09 in FY 2022)

Patterson Companies, Inc. Elects Meenu Agarwal to Board of Directors

Patterson Companies, Inc. to Report Q4, 2023 Results on Jun 21, 2023

Patterson Companies, Inc. Declares Regular Quarterly Cash Dividend, Payable on or About August 4, 2023

Patterson Companies Announces Executive Appointments

Upcoming dividend of US$0.26 per share at 3.9% yield

Third quarter 2023 earnings released: EPS: US$0.55 (vs US$0.58 in 3Q 2022)

Patterson Companies, Inc. (NasdaqGS:PDCO) acquired Substantially All of the Assets of Relief Services for Veterinary Practitioners and Animal Care Tech.

Patterson Companies, Inc. Appoints Kevin Barry as Chief Financial Officer

Patterson Companies, Inc. Declares Regular Quarterly Cash Dividend, Payable on or About, February 3, 2023

Patterson Companies, Inc. (NasdaqGS:PDCO) completed the acquisition of Dairy Tech, Incorporated.

Patterson Companies, Inc. to Report Q2, 2023 Results on Dec 01, 2022

Patterson Companies, Inc. (NasdaqGS:PDCO) signed an agreement to acquire Dairy Tech, Incorporated.

Patterson Companies, Inc. (NasdaqGS:PDCO) entered into an agreement to acquire Substantially All of the Assets of Relief Services for Veterinary Practitioners and Animal Care Tech.

Patterson Companies, Inc. Announces Executive Changes

Patterson Companies, Inc. Declares Regular Quarterly Cash Dividend, Payable on or About November 4, 2022

First quarter 2023 earnings released: EPS: US$0.25 (vs US$0.35 in 1Q 2022)

Patterson Companies, Inc. Reaffirms Earnings Guidance for the Fiscal 2023

Patterson Companies, Inc. to Report Q1, 2023 Results on Sep 01, 2022

Patterson Companies, Inc., Annual General Meeting, Sep 12, 2022

Upcoming dividend of US$0.26 per share

Full year 2022 earnings released: EPS: US$2.09 (vs US$1.63 in FY 2021)

Patterson Companies, Inc. Provides Earnings Guidance for 2023

Patterson Companies, Inc. to Report Q4, 2022 Results on Jun 29, 2022

Patterson Companies, Inc. Declares Regular Quarterly Cash Dividend, Payable On, or About, August 5, 2022

Insufficient new directors

Upcoming dividend of US$0.26 per share

Robbins Geller Rudman & Dowd LLP Announces Proposed Settlement in the Patterson Companies, Inc. Securities Litigation

Patterson Companies, Inc. Updates Earnings Guidance for the Fiscal Year 2022

Third quarter 2022 earnings: EPS in line with expectations, revenues disappoint

Patterson Companies, Inc. Updates Earnings Guidance for the Fiscal Year 2022

Patterson Companies, Inc. to Report Q3, 2022 Results on Mar 02, 2022

Upcoming dividend of US$0.26 per share

Second quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

Patterson Companies, Inc. Updates Earnings Guidance for the Fiscal Year 2022

Upcoming dividend of US$0.26 per share

An unknown buyer acquired an unknown stake in Strategic Pharmaceutical Solutions Inc. from Patterson Companies, Inc. (NasdaqGS:PDCO) for $56.8 million.

First quarter 2022 earnings released: EPS US$0.35 (vs US$0.26 in 1Q 2021)

Patterson Companies, Inc. Updates Earnings Guidance for the Fiscal Year 2022

Upcoming dividend of US$0.26 per share

Full year 2021 earnings released: EPS US$1.63 (vs US$6.25 loss in FY 2020)

Patterson Companies, Inc. Provides Earnings Guidance for the Fiscal Year 2022

Patterson Companies, Inc. Declares Quarterly Cash Dividend, Payable on or About, April 30, 2021

Third quarter 2021 earnings released

Revenue beats expectations

Patterson Companies, Inc. to Report Q3, 2021 Results on Mar 03, 2021

Patterson Companies, Inc. Not Providing Fiscal 2021 Financial Guidance

Second quarter 2021 earnings released: EPS US$0.57

Revenue beats expectations

Patterson Companies, Inc. to Report Q2, 2021 Results on Dec 02, 2020

Patterson Companies, Inc. Not Provides Earnings Guidance for the Fiscal Year 2021

First quarter earnings released