WD-40 Management

Management criteria checks 3/4

WD-40's CEO is Steve Brass, appointed in Jun 2019, has a tenure of 4.92 years. total yearly compensation is $2.46M, comprised of 24.4% salary and 75.6% bonuses, including company stock and options. directly owns 0.095% of the company’s shares, worth €2.74M. The average tenure of the management team and the board of directors is 4.9 years and 4.4 years respectively.

Key information

Steve Brass

Chief executive officer

US$2.5m

Total compensation

CEO salary percentage	24.4%
CEO tenure	4.9yrs
CEO ownership	0.1%
Management average tenure	4.9yrs
Board average tenure	4.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Steve Brass's remuneration changed compared to WD-40's earnings?
Date	Total Compensation	Salary	Company Earnings
Feb 29 2024	n/a	n/a	US$68m
Nov 30 2023	n/a	n/a	US$69m
Aug 31 2023	US$2m	US$600k	US$66m
May 31 2023	n/a	n/a	US$64m
Feb 28 2023	n/a	n/a	US$60m
Nov 30 2022	n/a	n/a	US$63m
Aug 31 2022	US$1m	US$458k	US$67m
May 31 2022	n/a	n/a	US$61m
Feb 28 2022	n/a	n/a	US$67m
Nov 30 2021	n/a	n/a	US$65m
Aug 31 2021	US$2m	US$446k	US$70m
May 31 2021	n/a	n/a	US$81m
Feb 28 2021	n/a	n/a	US$75m
Nov 30 2020	n/a	n/a	US$72m
Aug 31 2020	US$1m	US$446k	US$60m
May 31 2020	n/a	n/a	US$49m
Feb 29 2020	n/a	n/a	US$53m
Nov 30 2019	n/a	n/a	US$55m
Aug 31 2019	US$770k	US$366k	US$56m
May 31 2019	n/a	n/a	US$69m
Feb 28 2019	n/a	n/a	US$67m
Nov 30 2018	n/a	n/a	US$65m
Aug 31 2018	US$785k	US$312k	US$65m
May 31 2018	n/a	n/a	US$58m
Feb 28 2018	n/a	n/a	US$56m
Nov 30 2017	n/a	n/a	US$53m
Aug 31 2017	US$573k	US$291k	US$53m

Compensation vs Market: Steve's total compensation ($USD2.46M) is about average for companies of similar size in the German market ($USD2.56M).

Compensation vs Earnings: Steve's compensation has increased by more than 20% in the past year.

CEO

Steve Brass (57 yo)

4.9yrs

Tenure

US$2,458,653

Compensation

Mr. Steven A. Brass, also known as Steve, serves as Director at WD-40 Company since March 15, 2022 and serves as Chief Executive Officer since September 01, 2022. He has been the President at WD-40 Company...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Steven Brass	CEO, President & Director	4.9yrs	US$2.46m	0.095% $ 2.7m
Sara Hyzer	VP of Finance	1.5yrs	US$899.30k	0.0045% $ 128.4k
Phenix Kiamilev	VP, General Counsel & Corporate Secretary	2.4yrs	US$752.30k	0.0047% $ 136.4k
Jeffrey Lindeman	VP, Chief People	3.4yrs	US$779.31k	0.013% $ 361.1k
Patricia Olsem	Divisional President of The Americas	4.9yrs	US$1.00m	0.025% $ 731.9k
Wendy Kelley	Director of Investor Relations & Corporate Communications	no data	no data	no data
Geoffrey Holdsworth	Managing Director of Asia-Pacific	27.3yrs	US$623.03k	0.037% $ 1.1m
William Noble	Group Managing Director of EIMEA & Emerging Markets	28.3yrs	US$933.76k	0.058% $ 1.7m
Rae Partlo	VP & Corporate Controller	10.4yrs	no data	0.010% $ 299.6k
Stanley Sewitch	Vice President of Global Organization Development	12.3yrs	US$601.91k	no data

4.9yrs

Average Tenure

57.5yo

Average Age

Experienced Management: WD1's management team is considered experienced (4.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Steven Brass	CEO, President & Director	2.2yrs	US$2.46m	0.095% $ 2.7m
Daniel Carter	Independent Director	8.2yrs	US$173.93k	0% $ 0
David Pendarvis	Independent Director	6.4yrs	US$160.93k	0.0024% $ 69.5k
Gregory Sandfort	Lead Independent Director & Chairman	12.6yrs	US$184.93k	0.040% $ 1.1m
Trevor Mihalik	Independent Director	4.4yrs	US$170.93k	0.0022% $ 64.1k
Anne Saunders	Independent Director	5.2yrs	US$162.93k	0% $ 0
Eric Etchart	Independent Director	7.4yrs	US$160.93k	0.011% $ 318.0k
Lara Lee	Independent Director	3.4yrs	US$160.93k	0% $ 0
Graciela Monteagudo	Independent Director	3.9yrs	US$160.93k	0% $ 0
Cynthia Burks	Independent Director	1.4yrs	US$154.93k	0% $ 0
Edward Magee	Independent Director	1.9yrs	US$160.93k	0.00041% $ 11.8k

4.4yrs

Average Tenure

59yo

Average Age

Experienced Board: WD1's board of directors are considered experienced (4.4 years average tenure).

WD-40 Management

Management criteria checks 3/4

Key information

Recent management updates

WD-40 Company, Annual General Meeting, Dec 12, 2023

CEO, President & Director recently bought €90k worth of stock

CEO, President & Director recently bought €92k worth of stock

Managing Director of Asia-Pacific recently sold €408k worth of stock

Wd-40 Company Approves Promotion of William B. Noble as Group Managing Director, Effective November 1, 2022

Independent Director recently bought €87k worth of stock

Recent updates

Upcoming dividend of US$0.88 per share

WD-40 Company Provides Earnings Guidance for the Year 2024

Second quarter 2024 earnings released: EPS: US$1.15 (vs US$1.21 in 2Q 2023)

First quarter dividend of US$0.88 announced

WD-40 Company Declares Regular Quarterly Dividend, Payable on April 30, 2024

WD-40 Company to Report Q2, 2024 Results on Apr 09, 2024

Investor sentiment improves as stock rises 16%

Upcoming dividend of US$0.88 per share at 1.3% yield

WD-40 Company Reiterates Earnings Guidance for the Fiscal Year 2024

First quarter 2024 earnings released: EPS: US$1.29 (vs US$1.03 in 1Q 2023)

WD-40 Company to Report Q1, 2024 Results on Jan 09, 2024

WD-40 Company, Annual General Meeting, Dec 12, 2023

Full year 2023 earnings released: EPS: US$4.86 (vs US$4.91 in FY 2022)

WD-40 Company Provides Earnings Guidance for the Fiscal Year 2024

WD-40 Company to Report Q4, 2023 Results on Oct 19, 2023

New minor risk - Share price stability

WD-40 Company Reiterates Earnings Guidance for the Fiscal Year 2023

WD-40 Company Reiterates Earnings Guidance for the Fiscal Year 2023

Third quarter 2023 earnings released: EPS: US$1.39 (vs US$1.06 in 3Q 2022)

Upcoming dividend of US$0.83 per share at 1.8% yield

WD-40 Company to Report Q3, 2023 Results on Jul 10, 2023

CEO, President & Director recently bought €90k worth of stock

Second quarter 2023 earnings released: EPS: US$1.21 (vs US$1.42 in 2Q 2022)

Upcoming dividend of US$0.83 per share at 1.9% yield

CEO, President & Director recently bought €92k worth of stock

WD-40 Company Reiterates Earnings Guidance for Fiscal Year 2023

First quarter 2023 earnings released: EPS: US$1.03 (vs US$1.35 in 1Q 2022)

Upcoming dividend of US$0.83 per share

WD-40 Company to Report Q1, 2023 Results on Jan 09, 2023

Managing Director of Asia-Pacific recently sold €408k worth of stock

Full year 2022 earnings released: EPS: US$4.93 (vs US$5.11 in FY 2021)

WD-40 Company Provides Earnings Guidance for the Fiscal Year 2023

Wd-40 Company Approves Promotion of William B. Noble as Group Managing Director, Effective November 1, 2022

WD-40 Company Declares Regular Quarterly Dividend, Payable on October 31, 2022

WD-40 Company to Report Q4, 2022 Results on Oct 19, 2022

Independent Director recently bought €87k worth of stock

Investor sentiment deteriorated over the past week

Third quarter 2022 earnings released: EPS: US$1.06 (vs US$1.53 in 3Q 2021)

WD-40 Company Provides Earnings Guidance for the Fiscal Year 2022

Upcoming dividend of US$0.78 per share

Wd-40 Company Appoints Sara Hyzer as Treasurer

WD-40 Company Announces Board Changes

WD-40 Company to Report Q3, 2022 Results on Jul 07, 2022

High number of new directors

Second quarter 2022 earnings released: EPS: US$1.43 (vs US$1.25 in 2Q 2021)

WD-40 Company Provides Earnings Guidance for the Fiscal Year 2022

Upcoming dividend of US$0.78 per share

WD-40 Company Provides Earnings Guidance for Fiscal Year 2022

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

Upcoming dividend of US$0.78 per share

Insider recently sold €642k worth of stock

Full year 2021 earnings released: EPS US$5.13 (vs US$4.41 in FY 2020)

Chairman & CEO recently sold €10m worth of stock

Third quarter 2021 earnings released: EPS US$1.53 (vs US$1.06 in 3Q 2020)

Upcoming dividend of US$0.72 per share

WD-40 Company(NasdaqGS:WDFC) dropped from Russell 3000E Value Index

Investor sentiment deteriorated over the past week

Second quarter 2021 earnings released: EPS US$1.26 (vs US$1.04 in 2Q 2020)

Upcoming dividend of US$0.72 per share

WD-40 Company Increases Quarterly Dividend, Payable April 30, 2021

New 90-day high: €272

Managing Director of Europe recently sold €146k worth of stock

New 90-day high: €266

Revenue beats expectations

First quarter 2021 earnings released: EPS US$1.72

Revenue beats expectations

New 90-day high: €250

WD-40 Company Approves Appointment of Lara L. Lee as Director

WD-40 Company to Report Q1, 2021 Results on Jan 07, 2021