O-I Glass Management

Management criteria checks 3/4

O-I Glass' CEO is Andres Lopez, appointed in Jan 2016, has a tenure of 8.33 years. total yearly compensation is $11.78M, comprised of 9.6% salary and 90.4% bonuses, including company stock and options. directly owns 0.72% of the company’s shares, worth €14.24M. The average tenure of the management team and the board of directors is 5.9 years and 7 years respectively.

Key information

Andres Lopez

Chief executive officer

US$11.8m

Total compensation

CEO salary percentage	9.6%
CEO tenure	8.3yrs
CEO ownership	0.7%
Management average tenure	5.9yrs
Board average tenure	7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Andres Lopez's remuneration changed compared to O-I Glass's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	-US$237m
Dec 31 2023	US$12m	US$1m	-US$103m
Sep 30 2023	n/a	n/a	US$380m
Jun 30 2023	n/a	n/a	US$560m
Mar 31 2023	n/a	n/a	US$702m
Dec 31 2022	US$12m	US$1m	US$584m
Sep 30 2022	n/a	n/a	US$614m
Jun 30 2022	n/a	n/a	US$461m
Mar 31 2022	n/a	n/a	US$327m
Dec 31 2021	US$11m	US$1m	US$142m
Sep 30 2021	n/a	n/a	US$70m
Jun 30 2021	n/a	n/a	US$321m
Mar 31 2021	n/a	n/a	US$102m
Dec 31 2020	US$9m	US$1m	US$249m
Sep 30 2020	n/a	n/a	US$310m
Jun 30 2020	n/a	n/a	-US$593m
Mar 31 2020	n/a	n/a	-US$426m
Dec 31 2019	US$8m	US$1m	-US$397m
Sep 30 2019	n/a	n/a	-US$553m
Jun 30 2019	n/a	n/a	US$141m
Mar 31 2019	n/a	n/a	US$125m
Dec 31 2018	US$8m	US$988k	US$144m
Sep 30 2018	n/a	n/a	US$135m
Jun 30 2018	n/a	n/a	US$143m
Mar 31 2018	n/a	n/a	US$232m
Dec 31 2017	US$8m	US$925k	US$183m

Compensation vs Market: Andres's total compensation ($USD11.78M) is above average for companies of similar size in the German market ($USD1.51M).

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

CEO

Andres Lopez (60 yo)

8.3yrs

Tenure

US$11,779,768

Compensation

Mr. Andres Alberto Lopez serves as the Chairman of the Board and Chief Executive Officer of Owens Illinois Group Inc. Mr. Lopez has been the Chief Executive Officer and President of O-I Glass, Inc. (former...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Andres Lopez	CEO, President & Director	8.3yrs	US$11.78m	0.72% $ 14.2m
John Haudrich	Senior VP & CFO	5.1yrs	US$3.64m	0.17% $ 3.4m
Darrow Abrahams	Senior VP	3.7yrs	US$2.33m	0.057% $ 1.1m
Arnaud Aujouannet	Senior VP and Chief Sales & Marketing Officer	6.6yrs	US$1.95m	0.054% $ 1.1m
Vitaliano Torno	Senior VP of Global Business Operations & President of O-I Europe	8.3yrs	US$3.45m	0.14% $ 2.7m
John Reynolds	Vice President of Global Accounting	9.3yrs	no data	no data
Ludovic Valette	VP & CTO	no data	no data	no data
Christopher Manuel	Vice President of Investor Relations	5.3yrs	no data	no data
Pablo Vercelli	Vice President of Global People & Culture	no data	no data	no data
Timothy Connors	Managing Director of Americas North	8.9yrs	no data	no data
Randolph Burns	VP and Chief Sustainability & Corporate Affairs Officer	4yrs	no data	no data
Meena Dafesh	Vice President & Global Treasurer	1.5yrs	no data	no data

5.9yrs

Average Tenure

54yo

Average Age

Experienced Management: 2WZ's management team is seasoned and experienced (5.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Andres Lopez	CEO, President & Director	8yrs	US$11.78m	0.72% $ 14.2m
Alan Murray	Independent Non Executive Director	9yrs	US$277.50k	0.042% $ 830.3k
Hari N. Nair	Independent Director	10.8yrs	US$280.41k	0.045% $ 890.9k
Samuel Chapin	Independent Director	4yrs	US$252.50k	0.024% $ 480.1k
Catherine Slater	Independent Director	4yrs	US$247.50k	0.024% $ 480.1k
John Walker	Independent Chairman of the Board	5yrs	US$397.50k	0.036% $ 696.7k
Gordon Hardie	Director	9yrs	US$242.50k	0.045% $ 873.0k
John Humphrey	Independent Director	6yrs	US$277.50k	0.033% $ 650.0k
Carol Williams	Independent Director	10.3yrs	US$257.50k	0.051% $ 999.1k
David Clark	Independent Director	2yrs	US$247.50k	0.0069% $ 136.1k

7.0yrs

Average Tenure

61.5yo

Average Age

Experienced Board: 2WZ's board of directors are considered experienced (7 years average tenure).

O-I Glass Management

Management criteria checks 3/4

Key information

Recent management updates

O-I Glass, Inc., Annual General Meeting, May 15, 2024

O-I Glass, Inc. Announces Retirement of Andres Lopez as CEO, Effective May 15, 2024

Insufficient new directors

Insufficient new directors

O-I Glass, Inc. Appoints Meena Dafesh as Global Treasurer

O-I Glass, Inc. Announces Board Changes

Recent updates

O-I Glass, Inc. Updates Sales Volume Guidance for the Full Year of 2024

New minor risk - Share price stability

First quarter 2024 earnings released: EPS: US$0.47 (vs US$1.33 in 1Q 2023)

O-I Glass, Inc. to Report Q1, 2024 Results on Apr 30, 2024

O-I Glass, Inc., Annual General Meeting, May 15, 2024

O-I Glass, Inc. Announces Retirement of Andres Lopez as CEO, Effective May 15, 2024

Full year 2023 earnings released: US$0.67 loss per share (vs US$3.76 profit in FY 2022)

O-I Glass, Inc. to Report Q4, 2023 Results on Feb 06, 2024

Insufficient new directors

O-I Glass, Inc. to Report Q4, 2023 Results on Feb 07, 2024

O-I Glass, Inc. to Report Q3, 2023 Results on Oct 31, 2023

O-I Glass, Inc. Approves Closure of its Waco, Texas Glass Container Plant

Second quarter 2023 earnings released: EPS: US$0.71 (vs US$1.62 in 2Q 2022)

O-I Glass, Inc. to Report Q2, 2023 Results on Aug 01, 2023

Insufficient new directors

First quarter 2023 earnings released: EPS: US$1.33 (vs US$0.56 in 1Q 2022)

Investor sentiment improves as stock rises 23%

Full year 2022 earnings released: EPS: US$3.76 (vs US$0.90 in FY 2021)

Investor sentiment improved over the past week

O-I Glass, Inc. to Report Q4, 2022 Results on Jan 31, 2023

O-I Glass, Inc. Appoints Meena Dafesh as Global Treasurer

Third quarter 2022 earnings released: EPS: US$1.49 (vs US$0.50 in 3Q 2021)

Investor sentiment improved over the past week

O-I Glass, Inc. to Report Q3, 2022 Results on Nov 01, 2022

Second quarter 2022 earnings released: EPS: US$1.62 (vs US$0.75 in 2Q 2021)

O-I Glass, Inc. to Report Q2, 2022 Results on Aug 03, 2022

Investor sentiment improved over the past week

O-I Glass, Inc. Announces Board Changes

First quarter 2022 earnings released: EPS: US$0.56 (vs US$0.62 loss in 1Q 2021)

O-I Glass, Inc., Annual General Meeting, May 10, 2022

O-I Glass, Inc. to Report Q1, 2022 Results on Apr 25, 2022

O-I Glass, Inc. Provides Earnings Guidance for the First Quarter of 2022

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Berlin Packaging L.L.C. completed the acquisition of Le Parfait from O-I Glass, Inc. (NYSE:OI).

Vidros Colombia S.A.S entered into an agreement to acquire Cristar S.A. from O-I Glass, Inc. (NYSE:OI) for $95 million.

Third quarter 2021 earnings released: EPS US$0.50 (vs US$2.09 in 3Q 2020)

O-I Glass, Inc. Provides Earnings and Production Guidance for the Third Quarter of 2021 and Sales and Earnings Guidance for the Full Year 2021

Second quarter 2021 earnings released: EPS US$0.75 (vs US$0.64 loss in 2Q 2020)

O-I Glass, Inc.(NYSE:OI) dropped from Russell 3000E Value Index

First quarter 2021 earnings released: US$0.62 loss per share (vs US$0.32 profit in 1Q 2020)

Investor sentiment improved over the past week

Revenue beats expectations

New 90-day high: €12.00

Full year 2020 earnings released: EPS US$1.59 (vs US$2.56 loss in FY 2019)

O-I Glass, Inc.(NYSE:OI) dropped from Russell 1000 Dynamic Index

New 90-day high: €10.90

Produmen SA acquired Cristalerias Rosario S.A.

O-I Glass, Inc. to Report Q4, 2020 Results on Feb 09, 2021

New 90-day high: €10.80

Market bids up stock over the past week

Market bids up stock over the past week

Third-quarter earnings released: Revenue beats expectations

New 90-day high: €10.20

O-I Glass, Inc. to Report Q3, 2020 Results on Oct 27, 2020

New 90-day high: €10.10

Senior VP recently sold €315.2k worth of stock

New 90-day high - €10.00

First half earnings released

O-I Glass, Inc.(NYSE:OI) dropped from Russell 1000 Index

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age