Summit Materials Management
Management criteria checks 2/4
Summit Materials' CEO is Anne Noonan, appointed in Sep 2020, has a tenure of 4.17 years. total yearly compensation is $6.99M, comprised of 14.7% salary and 85.3% bonuses, including company stock and options. directly owns 0.15% of the company’s shares, worth €12.87M. The average tenure of the management team and the board of directors is 2 years and 6.3 years respectively.
Key information
Anne Noonan
Chief executive officer
US$7.0m
Total compensation
| CEO salary percentage | 14.7% |
| CEO tenure | 4.2yrs |
| CEO ownership | 0.1% |
| Management average tenure | 2yrs |
| Board average tenure | 6.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 28 2024 | n/a | n/a | US$147m |
| Jun 29 2024 | n/a | n/a | US$272m |
| Mar 30 2024 | n/a | n/a | US$250m |
| Dec 30 2023 | n/a | n/a | US$286m |
| Sep 30 2023 | n/a | n/a | US$313m |
| Jul 01 2023 | n/a | n/a | US$169m |
| Apr 01 2023 | n/a | n/a | US$276m |
| Dec 31 2022 | US$5m | US$968k | US$272m |
| Oct 01 2022 | n/a | n/a | US$286m |
| Jul 02 2022 | n/a | n/a | US$274m |
| Apr 02 2022 | n/a | n/a | US$140m |
| Jan 01 2022 | US$6m | US$953k | US$152m |
| Oct 02 2021 | n/a | n/a | US$143m |
| Jul 03 2021 | n/a | n/a | US$160m |
| Apr 03 2021 | n/a | n/a | US$159m |
| Jan 02 2021 | US$4m | US$419k | US$138m |
Compensation vs Market: Anne's total compensation ($USD6.99M) is above average for companies of similar size in the German market ($USD3.58M).
Compensation vs Earnings: Anne's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Anne Noonan (61 yo)
4.2yrs
Tenure
US$6,993,815
Compensation
Ms. Anne P. Noonan has been President, CEO and Director of Summit Materials, LLC. She has been the Chief Executive Officer, President and Director of Summit Materials, Inc. since September 01, 2020. She wa...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.2yrs | US$6.99m | 0.15% € 12.9m | |
| Executive VP & CFO | 1.7yrs | US$2.15m | 0.012% € 1.0m | |
| Executive VP | 3.7yrs | US$1.57m | 0.022% € 2.0m | |
| Executive VP of Chief People & ESG Officer and Head of Communications | 2yrs | US$1.61m | 0.017% € 1.5m | |
| Executive Officer | 1.7yrs | US$777.31k | 0.13% € 10.9m | |
| Executive VP & COO | less than a year | no data | no data | |
| Senior VP | no data | no data | 0.0058% € 504.4k | |
| Vice President | 2.6yrs | no data | no data | |
| Senior VP of Corporate Development | no data | no data | no data | |
| Executive VP & President of Cement Segment | 2.7yrs | no data | 0.0098% € 850.3k | |
| Chief Information Technology Officer | no data | no data | no data | |
| Executive VP & President of Construction Materials for West Segment | less than a year | no data | 0.096% € 8.4m |
2.0yrs
Average Tenure
59yo
Average Age
Experienced Management: 7SU's management team is considered experienced (2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.2yrs | US$6.99m | 0.15% € 12.9m | |
| Independent Director | 8.3yrs | US$250.74k | 0.022% € 1.9m | |
| Independent Chairman | 12.1yrs | US$370.74k | 0.035% € 3.1m | |
| Independent Director | 8.5yrs | US$230.74k | 0.025% € 2.2m | |
| Independent Director | 6.3yrs | US$245.74k | 0.0080% € 701.3k | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 6.3yrs | US$230.74k | 0.013% € 1.2m | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 8.8yrs | US$230.74k | 0.015% € 1.3m | |
| Independent Director | 3.5yrs | US$230.74k | 0.0068% € 594.1k |
6.3yrs
Average Tenure
61yo
Average Age
Experienced Board: 7SU's board of directors are considered experienced (6.3 years average tenure).