Livent Management

Management criteria checks 3/4

Livent's CEO is Paul Graves, appointed in May 2018, has a tenure of 5.67 years. total yearly compensation is $4.14M, comprised of 19.8% salary and 80.2% bonuses, including company stock and options. directly owns 0.2% of the company’s shares, worth €5.36M. The average tenure of the management team and the board of directors is 5.2 years and 5.7 years respectively.

Key information

Paul Graves

Chief executive officer

US$4.1m

Total compensation

CEO salary percentage	19.8%
CEO tenure	5.7yrs
CEO ownership	0.2%
Management average tenure	5.2yrs
Board average tenure	5.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Paul Graves's remuneration changed compared to Livent's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2023	n/a	n/a	US$375m
Jun 30 2023	n/a	n/a	US$365m
Mar 31 2023	n/a	n/a	US$335m
Dec 31 2022	US$4m	US$821k	US$274m
Sep 30 2022	n/a	n/a	US$198m
Jun 30 2022	n/a	n/a	US$108m
Mar 31 2022	n/a	n/a	US$55m
Dec 31 2021	US$5m	US$800k	US$600k
Sep 30 2021	n/a	n/a	-US$11m
Jun 30 2021	n/a	n/a	-US$8m
Mar 31 2021	n/a	n/a	-US$15m
Dec 31 2020	US$2m	US$800k	-US$16m
Sep 30 2020	n/a	n/a	-US$13m
Jun 30 2020	n/a	n/a	US$16m
Mar 31 2020	n/a	n/a	US$31m
Dec 31 2019	US$1m	US$800k	US$50m
Sep 30 2019	n/a	n/a	US$77m
Jun 30 2019	n/a	n/a	US$89m
Mar 31 2019	n/a	n/a	US$111m
Dec 31 2018	US$6m	US$724k	US$127m
Sep 30 2018	n/a	n/a	US$89m
Jun 30 2018	n/a	n/a	US$85m
Mar 31 2018	n/a	n/a	US$61m
Dec 31 2017	US$3m	US$697k	US$42m

Compensation vs Market: Paul's total compensation ($USD4.14M) is above average for companies of similar size in the German market ($USD2.55M).

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

CEO

Paul Graves (51 yo)

5.7yrs

Tenure

US$4,144,684

Compensation

Mr. Paul W. Graves is Director of Nemaska Lithium Inc. from December 2020. He is President, Chief Executive Officer & Director of Livent Corporation since May 2018. Mr. Graves serves as an Independent Dire...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Paul Graves	President	5.7yrs	US$4.14m	0.20% € 5.4m
Gilberto Antoniazzi	VP, CFO & Treasurer	5.7yrs	US$1.54m	0.029% € 783.2k
Sara Ponessa	VP, General Counsel & Secretary	5.7yrs	US$1.12m	0.011% € 312.1k
Barbara Fochtman	Chief Operations & Engineering Officer	5yrs	no data	no data
Ronald Stark	Corporate Controller & Chief Accounting Officer	5.4yrs	no data	0.0072% € 196.5k
Daniel Rosen	Investor Relations Manager	no data	no data	no data
Juan Cruz	Chief Communications Officer & Global Head of Public Affairs	no data	no data	no data
Alicia Markmann	Chief Human Resources Officer	3yrs	no data	no data
Walter Czarnecki	Chief Commercial Officer	no data	no data	no data
Rob Davies	Chief Administrative Officer of Asia Pacific	3yrs	no data	no data
Sarah Maryssael	Chief Strategy Officer	2yrs	no data	no data

5.2yrs

Average Tenure

51yo

Average Age

Experienced Management: 8LV's management team is seasoned and experienced (5.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Paul Graves	President	5.7yrs	US$4.14m	0.20% € 5.4m
G. D'Aloia	Independent Director	6yrs	US$185.01k	0.081% € 2.2m
Michael Barry	Independent Director	6yrs	US$185.01k	0.019% € 520.0k
Pierre Brondeau	Independent Chairman	5.3yrs	US$185.01k	0.19% € 5.3m
Andrea Utecht	Independent Director	5.3yrs	US$165.01k	0.075% € 2.0m
Robert Pallash	Independent Director	6yrs	US$175.01k	0.018% € 476.0k
Pablo Marcet	Independent Director	3.9yrs	US$165.01k	0.0039% € 105.6k
Christina Lampe-Onnerud	Independent Director	3.9yrs	US$170.01k	0.015% € 411.4k
Steven Merkt	Independent Director	6yrs	US$180.01k	0.00028% € 7.6k

5.7yrs

Average Tenure

65yo

Average Age

Experienced Board: 8LV's board of directors are considered experienced (5.7 years average tenure).

Livent Management

Management criteria checks 3/4

Key information

Recent management updates

Insufficient new directors

Livent Corporation Announces Board Changes

Insufficient new directors

Livent Corporation, Annual General Meeting, Apr 25, 2023

Recent updates

Arcadium Lithium plc to Report Q3, 2024 Results on Nov 07, 2024

Rio Tinto Group (LSE:RIO) proposed to acquire Arcadium Lithium plc (NYSE:ALTM).

Arcadium Lithium Confirms Approach by Rio Tinto

Rio Tinto Reportedly in Talks to Buy Arcadium

Arcadium Lithium Suspends Stage 4A Waste Stripping at Mt Cattlin and Plans to Transition Site to Care & Maintenance by Mid-2025

Arcadium Lithium plc to Report Q2, 2024 Results on Aug 06, 2024

Arcadium Lithium plc to Report Q1, 2024 Results on May 07, 2024

Arcadium Lithium plc to Report Q4, 2023 Results on Feb 22, 2024

Arcadium Lithium plc(ASX:LTM) dropped from S&P Global BMI Index

Arcadium Lithium plc (NYSE:ALTM) completed the acquisition of Allkem Limited (ASX : AKE) in a merger of equals transaction.

Now 23% undervalued after recent price drop

Investor sentiment improves as stock rises 15%

New major risk - Earnings quality

Livent Corporation Revises Earnings Guidance for 2023

Third quarter 2023 earnings released: EPS: US$0.49 (vs US$0.43 in 3Q 2022)

Investor sentiment deteriorates as stock falls 16%

New minor risk - Share price stability

Livent Corporation to Report Q3, 2023 Results on Oct 31, 2023

Insufficient new directors

Livent Corporation Reaffirms Financial Guidance for the Year 2023

Livent Corporation Announces Board Changes

Livent Corporation to Report Q2, 2023 Results on Aug 03, 2023

Livent Corporation to Report Q2, 2023 Results on Aug 03, 2023

Fire At Livent Bessemer City Manufacturing Facility

Allkem Limited (ASX:AKE) signed a definitive agreement to acquire Livent Corporation (NYSE:LTHM) in a merger of equals transaction for $3.7 billion.

Allkem Limited (ASX:AKE) signed a definitive agreement to acquire Livent Corporation (NYSE:LTHM) in a merger of equals transaction.

Investor sentiment improves as stock rises 15%

Neogen Chemicals Limited (NSEI:NEOGEN) completed the acquisition of BuLi Chemicals India Private Limited from Livent Corporation (NYSE:LTHM) and Livent USA Corp.

First quarter 2023 earnings released: EPS: US$0.64 (vs US$0.33 in 1Q 2022)

Now 23% undervalued after recent price drop

Insufficient new directors

Now 27% undervalued after recent price drop

Full year 2022 earnings released: EPS: US$1.59 (vs US$0.004 in FY 2021)

Livent Corporation Provides Revenue Guidance for the Fiscal Year 2023

Livent Corporation to Report Q4, 2022 Results on Feb 14, 2023

Investor sentiment improved over the past week

Livent Corporation, Annual General Meeting, Apr 25, 2023

Third quarter 2022 earnings released: EPS: US$0.43 (vs US$0.078 loss in 3Q 2021)

Livent Corporation Narrows Earnings Guidance for the Year 2022

Livent Corporation to Report Q3, 2022 Results on Nov 01, 2022

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Second quarter 2022 earnings released: EPS: US$0.36 (vs US$0.044 in 2Q 2021)

Livent Corporation Revises Earnings Guidance for the Year 2022

Livent Corporation to Report Q2, 2022 Results on Aug 02, 2022

Investor sentiment deteriorated over the past week

First quarter 2022 earnings released: EPS: US$0.33 (vs US$0.005 loss in 1Q 2021)

Livent Corporation Revises Earnings Guidance for the Fiscal Year 2022

Livent Corporation to Report Q1, 2022 Results on May 03, 2022

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

Livent Corporation Provides Revenue Guidance for the Fiscal Year 2022

Third quarter 2021 earnings released: US$0.078 loss per share (vs US$0.081 loss in 3Q 2020)

Second quarter 2021 earnings released: EPS US$0.044 (vs US$0.001 loss in 2Q 2020)

Livent Corporation Revises Earnings Guidance for 2021

Livent Corporation(NYSE:LTHM) dropped from Russell 3000E Value Index

First quarter 2021 earnings released: US$0.005 loss per share (vs US$0.013 loss in 1Q 2020)

Livent Corporation Provides Financial Guidance for the Full Year 2021

Full year 2020 earnings released: US$0.13 loss per share (vs US$0.34 profit in FY 2019)

Revenue misses expectations

Livent Announces Multi-Year Supply Agreement with BMW Group

Livent Corporation to Report Q4, 2020 Results on Feb 18, 2021

New 90-day high: €16.15

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members