Stepan Management

Management criteria checks 3/4

Stepan's CEO is Scott Behrens, appointed in Jan 2021, has a tenure of 3.33 years. total yearly compensation is $4.12M, comprised of 22.6% salary and 77.4% bonuses, including company stock and options. directly owns 0.083% of the company’s shares, worth €1.46M. The average tenure of the management team and the board of directors is 4.9 years and 10.5 years respectively.

Key information

Scott Behrens

Chief executive officer

US$4.1m

Total compensation

CEO salary percentage	22.6%
CEO tenure	3.3yrs
CEO ownership	0.08%
Management average tenure	4.9yrs
Board average tenure	10.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Scott Behrens's remuneration changed compared to Stepan's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$38m
Dec 31 2023	US$4m	US$933k	US$40m
Sep 30 2023	n/a	n/a	US$52m
Jun 30 2023	n/a	n/a	US$79m
Mar 31 2023	n/a	n/a	US$118m
Dec 31 2022	US$5m	US$781k	US$147m
Sep 30 2022	n/a	n/a	US$153m
Jun 30 2022	n/a	n/a	US$151m
Mar 31 2022	n/a	n/a	US$142m
Dec 31 2021	US$2m	US$500k	US$138m
Sep 30 2021	n/a	n/a	US$151m
Jun 30 2021	n/a	n/a	US$147m
Mar 31 2021	n/a	n/a	US$140m
Dec 31 2020	US$2m	US$433k	US$127m
Sep 30 2020	n/a	n/a	US$118m
Jun 30 2020	n/a	n/a	US$111m
Mar 31 2020	n/a	n/a	US$106m
Dec 31 2019	US$1m	US$417k	US$103m
Sep 30 2019	n/a	n/a	US$105m
Jun 30 2019	n/a	n/a	US$101m
Mar 31 2019	n/a	n/a	US$104m
Dec 31 2018	US$1m	US$396k	US$111m
Sep 30 2018	n/a	n/a	US$97m
Jun 30 2018	n/a	n/a	US$97m
Mar 31 2018	n/a	n/a	US$92m
Dec 31 2017	US$1m	US$370k	US$101m

Compensation vs Market: Scott's total compensation ($USD4.12M) is above average for companies of similar size in the German market ($USD1.61M).

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

CEO

Scott Behrens (53 yo)

3.3yrs

Tenure

US$4,123,893

Compensation

Mr. Scott R. Behrens has been the Chief Executive Officer and Director of Stepan Company since April 25, 2022 and April 26, 2022 respectively and has been its President since January 1, 2021. Mr. Behrens s...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Scott Behrens	CEO, President & Director	3.3yrs	US$4.12m	0.083% $ 1.5m
Luis Rojo	VP & CFO	6.1yrs	US$1.48m	0.038% $ 664.7k
David Kabbes	VP, General Counsel & Secretary	4.8yrs	US$1.15m	0.039% $ 685.8k
Robert Haire	Executive Vice President of Supply Chain	less than a year	US$1.09m	0.00014% $ 2.5k
Jason Keiper	VP and Chief Technology & Sustainability Officer	4.9yrs	no data	0.031% $ 536.9k
David Mattingly	VP, Chief Compliance & Risk Officer	6.3yrs	no data	no data
Mark Mydlach	Vice President of Sales	no data	no data	no data
Sharon Purnell	VP & Chief Human Resources Officer	less than a year	no data	0.000050% $ 876.5
Matthew Eaken	VP & Corporate Controller	13.3yrs	US$492.25k	no data
John Venegoni	Consultant	9.7yrs	US$1.19m	no data
Matthew Rice	Assistant Secretary	no data	no data	no data

4.9yrs

Average Tenure

51.5yo

Average Age

Experienced Management: 96S's management team is considered experienced (4.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Scott Behrens	CEO, President & Director	2.1yrs	US$4.12m	0.083% $ 1.5m
Edward Wehmer	Lead Independent Director	20.8yrs	US$244.97k	0.045% $ 786.2k
Jan Reed	Independent Director	8.6yrs	US$244.91k	0.045% $ 784.5k
F. Stepan	Non-Executive Chairman	25.3yrs	US$449.97k	3.23% $ 56.7m
Joaquin Delgado	Independent Director	13.3yrs	US$244.97k	0.054% $ 953.6k
Randall Dearth	Independent Director	12.3yrs	US$230.58k	0.046% $ 799.7k
Susan Lewis	Director	less than a year	no data	no data
Lorinda Burgess	Independent Director	3.3yrs	US$244.97k	0.015% $ 261.2k

10.5yrs

Average Tenure

62yo

Average Age

Experienced Board: 96S's board of directors are seasoned and experienced ( 10.5 years average tenure).

Stepan Management

Management criteria checks 3/4

Key information

Recent management updates

Stepan Company, Annual General Meeting, Apr 30, 2024

Non-Executive Chairman recently sold €239k worth of stock

Stepan Company Appoints Susan M. Lewis as Director

Insufficient new directors

Stepan Company Announces Retirement of Arthur W. Mergner, Executive Vice President, Effective July 3, 2023

CEO, President & Director recently sold €163k worth of stock

Recent updates

New minor risk - Financial position

First quarter 2024 earnings released: EPS: US$0.61 (vs US$0.71 in 1Q 2023)

Stepan Company Declares Quarterly Cash Dividend, Payable on June 14, 2024

Stepan Company to Report Q1, 2024 Results on Apr 30, 2024

Stepan Company, Annual General Meeting, Apr 30, 2024

Non-Executive Chairman recently sold €239k worth of stock

Fourth quarter dividend of US$0.38 announced

Full year 2023 earnings released: EPS: US$1.77 (vs US$6.46 in FY 2022)

Stepan Declares Quarterly Cash Dividend, Payable on March 15, 2024

Stepan Company Appoints Susan M. Lewis as Director

Insufficient new directors

Stepan Company to Report Q4, 2023 Results on Feb 20, 2024

Upcoming dividend of US$0.38 per share at 1.9% yield

New minor risk - Financial position

Third quarter 2023 earnings released: EPS: US$0.55 (vs US$1.73 in 3Q 2022)

Stepan Company Declares Quarterly Cash Dividend, Payable on December15, 2023

Stepan Company to Report Q3, 2023 Results on Oct 18, 2023

Upcoming dividend of US$0.36 per share at 1.7% yield

New minor risk - Profit margin trend

Stepan Company Declares Quarterly Cash Dividend, Payable on September 15, 2023

Second quarter 2023 earnings released: EPS: US$0.56 (vs US$2.29 in 2Q 2022)

Stepan Company to Report Q2, 2023 Results on Jul 26, 2023

Stepan Company Announces Retirement of Arthur W. Mergner, Executive Vice President, Effective July 3, 2023

Upcoming dividend of US$0.36 per share at 1.6% yield

CEO, President & Director recently sold €163k worth of stock

First quarter 2023 earnings released: EPS: US$0.71 (vs US$1.96 in 1Q 2022)

Non-Executive Chairman recently sold €475k worth of stock

Upcoming dividend of US$0.36 per share at 1.4% yield

Full year 2022 earnings released: EPS: US$6.46 (vs US$6.01 in FY 2021)

Stepan Company Declares Quarterly Cash Dividend, Payable on March 15, 2023

Stepan Company to Report Q4, 2022 Results on Feb 16, 2023

Upcoming dividend of US$0.36 per share

Non-Executive Chairman recently sold €565k worth of stock

Third quarter 2022 earnings released: EPS: US$1.73 (vs US$1.61 in 3Q 2021)

Stepan Company Increases Quarterly Cash Dividend, Payable on December 15, 2022

Stepan Company (NYSE:SCL) acquired Surfactant Business and Associated Assets from PerformanX Specialty Chemicals, LLC.

Stepan Company to Report Q3, 2022 Results on Oct 19, 2022

Stepan Company (NYSE:SCL) entered into an agreement to acquire Surfactant Business and Associated Assets of PerformanX Specialty Chemicals, LLC.

Insider recently bought €56k worth of stock

Upcoming dividend of US$0.34 per share

CEO, COO recently sold €58k worth of stock

Second quarter 2022 earnings released: EPS: US$2.29 (vs US$1.89 in 2Q 2021)

Stepan Company Declares Quarterly Cash Dividend on the Common Stock, Payable on September 15, 2022

Stepan Company to Report Q2, 2022 Results on Jul 27, 2022

Upcoming dividend of US$0.34 per share

First quarter 2022 earnings released: EPS: US$1.96 (vs US$1.77 in 1Q 2021)

Insufficient new directors

Stepan Company Declares Quarterly Cash Dividend on the Company's Common Stock, Payable on June 15, 2022

Stepan Company to Report Q1, 2022 Results on Apr 26, 2022

Upcoming dividend of US$0.34 per share

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

Stepan Company Announces Executive Changes

Insider recently sold €163k worth of stock

Upcoming dividend of US$0.34 per share

VP & CFO recently sold €149k worth of stock

Third quarter 2021 earnings released: EPS US$1.61 (vs US$1.45 in 3Q 2020)

Upcoming dividend of US$0.30 per share

Second quarter 2021 earnings released: EPS US$1.89 (vs US$1.56 in 2Q 2020)

Upcoming dividend of US$0.30 per share

Independent Director recently sold €119k worth of stock

First quarter 2021 earnings released: EPS US$1.77 (vs US$1.20 in 1Q 2020)

Stepan Company Declares Quarterly Cash Dividend, Payable on June 15, 2021

Insider recently sold €83k worth of stock

New 90-day high: €108

Full year 2020 earnings released: EPS US$5.52 (vs US$4.47 in FY 2019)

Revenue beats expectations

Stepan Company, Annual General Meeting, Apr 27, 2021

Stepan Company (NYSE:SCL) acquired Fermentation Plant in Lake Providence, Louisiana.

Stepan Company (NYSE:SCL) acquired Aromatic Polyester Polyol Business and Associated Assets of INVISTA B.V.