Arconic Management
Management criteria checks 2/4
Arconic's CEO is Tim Myers, appointed in Apr 2020, has a tenure of 2.58 years. total yearly compensation is $10.69M, comprised of 9.1% salary and 90.9% bonuses, including company stock and options. directly owns 0.15% of the company’s shares, worth €2.93M. The average tenure of the management team and the board of directors is 2.6 years and 2.8 years respectively.
Key information
Tim Myers
Chief executive officer
US$10.7m
Total compensation
| CEO salary percentage | 9.1% |
| CEO tenure | 2.6yrs |
| CEO ownership | 0.1% |
| Management average tenure | 2.6yrs |
| Board average tenure | 2.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2022 | n/a | n/a | US$53m |
| Jun 30 2022 | n/a | n/a | US$134m |
| Mar 31 2022 | n/a | n/a | -US$407m |
| Dec 31 2021 | US$11m | US$975k | -US$397m |
| Sep 30 2021 | n/a | n/a | -US$423m |
| Jun 30 2021 | n/a | n/a | -US$434m |
| Mar 31 2021 | n/a | n/a | -US$103m |
| Dec 31 2020 | US$6m | US$687k | -US$109m |
| Sep 30 2020 | n/a | n/a | US$123m |
| Jun 30 2020 | n/a | n/a | US$94m |
| Mar 31 2020 | n/a | n/a | US$182m |
| Dec 31 2019 | US$3m | US$574k | US$177m |
| Sep 30 2019 | n/a | n/a | US$108m |
| Dec 31 2018 | US$2m | US$543k | US$187m |
| Dec 31 2017 | US$3m | US$436k | US$209m |
Compensation vs Market: Tim's total compensation ($USD10.69M) is above average for companies of similar size in the German market ($USD1.62M).
Compensation vs Earnings: Tim's compensation has been consistent with company performance over the past year.
CEO
Tim Myers (56 yo)
2.6yrs
Tenure
US$10,686,391
Compensation
Mr. Timothy Donald Myers, also known as Tim, serves as the Chief Executive Officer of Arconic Corporation since April 01, 2020 and has been its Director since 2020. He served as an Executive Vice President...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 2.6yrs | US$10.69m | 0.15% € 2.9m | |
| Executive VP & CFO | 2.6yrs | US$2.82m | 0.027% € 528.0k | |
| Executive VP & Chief Human Resources Officer | 2.6yrs | US$1.61m | 0.073% € 1.5m | |
| Executive VP & Chief Commercial Officer | 2.6yrs | US$1.66m | 0.080% € 1.6m | |
| Director of Investor Relations | no data | no data | no data | |
| Executive VP | less than a year | no data | 0.014% € 269.4k | |
| Vice President of Strategy & Corporate Development | 2.8yrs | no data | no data | |
| Executive Vice President of Arconic Rolled Products North America | less than a year | no data | 0.12% € 2.5m | |
| Executive Vice President of Arconic Rolled Products International & Extrusions | 2.8yrs | no data | 0.042% € 833.1k | |
| President of Building & Construction Systems | less than a year | no data | no data | |
| VP & Controller | 2.8yrs | no data | 0.044% € 878.8k | |
| VP of Finance & Treasurer | 1.8yrs | no data | no data |
2.6yrs
Average Tenure
55yo
Average Age
Experienced Management: 47I's management team is considered experienced (2.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 2.8yrs | US$10.69m | 0.15% € 2.9m | |
| Independent Director | 2.8yrs | US$285.01k | 0.13% € 2.7m | |
| Independent Director | 2.8yrs | US$270.01k | 0.016% € 309.9k | |
| Director | 2.8yrs | US$270.01k | 0.073% € 1.5m | |
| Independent Director | 2.8yrs | US$270.01k | 0.016% € 309.9k | |
| Independent Chairman | 2.6yrs | US$400.01k | 0.033% € 650.3k | |
| Independent Director | 2.8yrs | US$285.01k | 0.033% € 654.5k | |
| Independent Director | 2.8yrs | US$270.01k | 0.080% € 1.6m | |
| Independent Director | 2.8yrs | US$270.01k | 0.016% € 309.9k | |
| Independent Director | 2.8yrs | US$290.01k | no data | |
| Director | less than a year | no data | no data |
2.8yrs
Average Tenure
63yo
Average Age
Experienced Board: 47I's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/11/16 15:55 |
| End of Day Share Price | 2022/08/19 00:00 |
| Earnings | 2022/09/30 |
| Annual Earnings | 2021/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Arconic Corporation is covered by 6 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Argus Research Company |
| Joshua Sullivan | Benchmark Company |
| Curtis Woodworth | Credit Suisse |