Orion Management

Management criteria checks 3/4

Orion's CEO is Corning Painter, appointed in Sep 2018, has a tenure of 5.67 years. total yearly compensation is $4.69M, comprised of 21.3% salary and 78.7% bonuses, including company stock and options. directly owns 1.34% of the company’s shares, worth €17.26M. The average tenure of the management team and the board of directors is 4.7 years and 5.8 years respectively.

Key information

Corning Painter

Chief executive officer

US$4.7m

Total compensation

CEO salary percentage	21.3%
CEO tenure	5.7yrs
CEO ownership	1.3%
Management average tenure	4.7yrs
Board average tenure	5.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Corning Painter's remuneration changed compared to Orion's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	US$104m
Sep 30 2023	n/a	n/a	US$111m
Jun 30 2023	n/a	n/a	US$116m
Mar 31 2023	n/a	n/a	US$116m
Dec 31 2022	US$5m	US$1m	US$106m
Sep 30 2022	n/a	n/a	US$95m
Jun 30 2022	n/a	n/a	US$84m
Mar 31 2022	n/a	n/a	US$144m
Dec 31 2021	US$6m	US$956k	US$135m
Sep 30 2021	n/a	n/a	US$143m
Jun 30 2021	n/a	n/a	US$131m
Mar 31 2021	n/a	n/a	US$24m
Dec 31 2020	US$3m	US$613k	US$18m
Sep 30 2020	n/a	n/a	US$28m
Jun 30 2020	n/a	n/a	US$43m
Mar 31 2020	n/a	n/a	US$86m
Dec 31 2019	US$4m	US$876k	US$87m

Compensation vs Market: Corning's total compensation ($USD4.69M) is above average for companies of similar size in the German market ($USD1.61M).

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

CEO

Corning Painter (61 yo)

5.7yrs

Tenure

US$4,690,597

Compensation

Mr. Corning F. Painter has been Chief Executive Officer of Orion S.A. (Formerly, Orion Engineered Carbons, S.A.) since September 2018 and also serves as its Executive Director since October 2018. He served...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Corning Painter	CEO & Executive Director	5.7yrs	US$4.69m	1.34% $ 17.3m
Jeffrey Glajch	Chief Financial Officer	2.1yrs	US$1.52m	0.097% $ 1.3m
Carlos Quinones	Senior Vice President of Global Operations	4.9yrs	US$682.22k	0.10% $ 1.3m
Robert Hrivnak	Chief Accounting Officer	2.1yrs	US$693.06k	0% $ 0
Pedro Riveros	Senior VP of Global Rubber Carbon Black & Americas Region	4.9yrs	US$767.22k	0.053% $ 685.9k
Sandra Niewiem	Senior VP of Global Specialty Carbon Black & EMEA Region	4.7yrs	US$681.20k	0.028% $ 365.7k
Wendy Wilson	Head of Investor Relations	4yrs	no data	no data
Christian Eggert	Secretary of the Company	no data	no data	no data

4.7yrs

Average Tenure

57yo

Average Age

Experienced Management: 0OE's management team is considered experienced (4.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Corning Painter	CEO & Executive Director	5.6yrs	US$4.69m	1.34% $ 17.3m
Dan Smith	Independent Chairman of the Board	9.8yrs	US$330.00k	0.12% $ 1.6m
Kerry Galvin	Independent Director	5.8yrs	US$220.00k	0.080% $ 1.0m
Hans-Dietrich Winkhaus	Independent Director	9.8yrs	US$200.00k	0.062% $ 791.3k
Yi Hyon Paik	Independent Director	3.8yrs	US$200.00k	0.046% $ 595.9k
Paul Huck	Independent Director	9.8yrs	US$225.00k	0.11% $ 1.4m
Didier Miraton	Independent Director	9.8yrs	US$200.00k	0.061% $ 780.3k
Michel Wurth	Independent Director	3.8yrs	US$200.00k	0.046% $ 595.9k
Mary Lindsey	Independent Director	3.8yrs	US$200.00k	0.064% $ 817.6k

5.8yrs

Average Tenure

68yo

Average Age

Experienced Board: 0OE's board of directors are considered experienced (5.8 years average tenure).

Orion Management

Management criteria checks 3/4

Key information

Recent management updates

Orion S.A., Annual General Meeting, Jun 20, 2024

Orion S.A. Announces Resignation of Anthony L. Davis as Director

CEO & Executive Director recently bought €298k worth of stock

Insufficient new directors

Chief Financial Officer recently bought €226k worth of stock

CEO & Executive Director recently bought €506k worth of stock

Recent updates

Orion S.A. Declares Interim Quarterly Dividend, Payable on July 2, 2024

Orion S.A. to Report Q1, 2024 Results on May 02, 2024

Upcoming dividend of US$0.021 per share

Fourth quarter dividend of US$0.021 announced

Orion S.A., Annual General Meeting, Jun 20, 2024

Full year 2023 earnings released: EPS: US$1.75 (vs US$1.74 in FY 2022)

Orion S.A. to Report Q4, 2023 Results on Feb 14, 2024

Orion S.A. Announces Resignation of Anthony L. Davis as Director

Upcoming dividend of US$0.021 per share at 0.3% yield

Third quarter 2023 earnings released: EPS: US$0.45 (vs US$0.52 in 3Q 2022)

Orion S.A. Launches PRINTEX®? kappa 10, Feeding High Demand Growth in the Lithium-Ion Battery Industry

Orion S.A. to Report Q3, 2023 Results on Nov 02, 2023

Orion S.A. Declares an Interim Dividend to Be Paid in the First Quarter of 2024 on January 17, 2024

Upcoming dividend of US$0.021 per share at 0.4% yield

CEO & Executive Director recently bought €298k worth of stock

Second quarter 2023 earnings released: EPS: US$0.51 (vs US$0.49 in 2Q 2022)

Insufficient new directors

Orion S.A. to Report Q2, 2023 Results on Aug 09, 2023

Orion S.A. Declares Interim Dividend for the Fourth Quarter of 2023, Payable on October 5, 2023

Upcoming dividend of US$0.021 per share at 0.3% yield

First quarter 2023 earnings released: EPS: US$0.70 (vs US$0.53 in 1Q 2022)

Chief Financial Officer recently bought €226k worth of stock

Full year 2022 earnings released: EPS: US$1.74 (vs US$2.22 in FY 2021)

Orion Engineered Carbons Sharply Reduces Air Emissions with New Technology at Borger, Texas, Plant

Orion Engineered Carbons S.A. to Report Q4, 2022 Results on Feb 16, 2023

Upcoming dividend of US$0.021 per share

Third quarter 2022 earnings released: EPS: US$0.52 (vs US$0.35 in 3Q 2021)

Orion Engineered Carbons S.A. to Report Q3, 2022 Results on Nov 03, 2022

Orion Engineered Carbons S.A. Declares Interim Quarterly Dividend for the First Quarter of 2023, Payable on January 10, 2023

Upcoming dividend of US$0.021 per share

CEO & Executive Director recently bought €506k worth of stock

Second quarter 2022 earnings released: EPS: US$0.49 (vs US$1.47 in 2Q 2021)

Orion Engineered Carbons S.A. to Report Q2, 2022 Results on Aug 04, 2022

Orion Engineered Carbons S.A. Appoints Anthony L. Davis as Director

Orion Engineered Carbons Declares Interim Quarterly Dividend for the Fourth Quarter of 2022, Payable on October 4, 2022

Investor sentiment deteriorated over the past week

Now 27% undervalued

Upcoming dividend of US$0.021 per share

First quarter 2022 earnings released: EPS: US$0.53 (vs US$0.39 in 1Q 2021)

Orion Engineered Carbons S.A. to Report Q1, 2022 Results on May 05, 2022

Upcoming dividend of US$0.021 per share

Orion Engineered Carbons Opens New Line in Italy for Specialty and Technical Rubber Customers

CEO & Executive Director recently bought €545k worth of stock

Orion Engineered Carbons S.A., Annual General Meeting, Jun 30, 2022

Orion Engineered Carbons Announces Interim Cash Dividend for the Second Quarter of 2022 , Payable on April 6, 2022

Investor sentiment deteriorated over the past week

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

Orion Engineered Carbons Announces Executive Changes

Upcoming dividend of US$0.02 per share

CEO & Executive Director recently bought €463k worth of stock

Third quarter 2021 earnings released: EPS US$0.35 (vs US$0.15 in 3Q 2020)

CEO & Executive Director recently bought €438k worth of stock

Second quarter 2021 earnings released: EPS US$1.47 (vs US$0.29 loss in 2Q 2020)

Orion Engineered Carbons S.A.(NYSE:OEC) dropped from Russell 3000E Value Index

Orion Engineered Carbons S.A. Settles Dispute with Evonik Industries AG

Orion Engineered Carbons S.A. Launches ECORAX® Nature

First quarter 2021 earnings released: EPS US$0.39 (vs US$0.30 in 1Q 2020)

New 90-day high: €15.60

Orion Engineered Carbons S.A., Annual General Meeting, Jun 24, 2021

Full year 2020 earnings released: EPS US$0.30 (vs US$1.45 in FY 2019)

Revenue beats expectations

Orion Engineered Carbons S.A. to Report Q4, 2020 Results on Feb 18, 2021

New 90-day high: €14.20

Market bids up stock over the past week

New 90-day high: €13.70

Independent Director recently sold €61k worth of stock

Third quarter 2020 earnings released: EPS US$0.15

Revenue misses expectations

New 90-day high: €12.90