ATI Management

Management criteria checks 2/4

ATI's CEO is Bob Wetherbee, appointed in Jan 2019, has a tenure of 5.5 years. total yearly compensation is $7.67M, comprised of 12.7% salary and 87.3% bonuses, including company stock and options. directly owns 0.35% of the company’s shares, worth €22.40M. The average tenure of the management team and the board of directors is 1.7 years and 5.5 years respectively.

Key information

Bob Wetherbee

Chief executive officer

US$7.7m

Total compensation

CEO salary percentage	12.7%
CEO tenure	5.5yrs
CEO ownership	0.3%
Management average tenure	1.7yrs
Board average tenure	5.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Bob Wetherbee's remuneration changed compared to ATI's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$392m
Dec 31 2023	US$8m	US$973k	US$411m
Sep 30 2023	n/a	n/a	US$506m
Jun 30 2023	n/a	n/a	US$491m
Mar 31 2023	n/a	n/a	US$377m
Jan 01 2023	n/a	n/a	US$324m
Sep 30 2022	n/a	n/a	US$24m
Jun 30 2022	n/a	n/a	US$12m
Mar 31 2022	n/a	n/a	US$600k
Jan 02 2022	n/a	n/a	US$185m
Sep 30 2021	n/a	n/a	-US$1b
Jun 30 2021	n/a	n/a	-US$1b
Mar 31 2021	n/a	n/a	-US$2b
Dec 31 2020	US$6m	US$802k	-US$2b
Sep 30 2020	n/a	n/a	-US$395m
Jun 30 2020	n/a	n/a	-US$234m
Mar 31 2020	n/a	n/a	US$264m
Dec 31 2019	US$6m	US$824k	US$253m
Sep 30 2019	n/a	n/a	US$242m
Jun 30 2019	n/a	n/a	US$182m
Mar 31 2019	n/a	n/a	US$179m
Dec 31 2018	US$2m	US$523k	US$222m
Sep 30 2018	n/a	n/a	US$183m
Jun 30 2018	n/a	n/a	US$11m
Mar 31 2018	n/a	n/a	-US$51m
Dec 31 2017	US$2m	US$510k	-US$92m

Compensation vs Market: Bob's total compensation ($USD7.67M) is above average for companies of similar size in the German market ($USD3.43M).

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

CEO

Bob Wetherbee (65 yo)

5.5yrs

Tenure

US$7,670,554

Compensation

Mr. Robert S. Wetherbee, also known as Bob, serves as an Independent Director of Commercial Metals Company since March 21, 2023. He serves as Board Chair at ATI Inc. (formerly Allegheny Technologies Incorp...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Robert Wetherbee	Chairman & CEO	5.5yrs	US$7.67m	0.35% $ 22.4m
Kimberly Fields	President	2.5yrs	US$3.97m	0.12% $ 7.6m
Donald Newman	Executive VP of Finance & CFO	4.5yrs	US$3.09m	0.13% $ 8.3m
Timothy Harris	Senior VP and Chief Digital & Information Officer	5.2yrs	US$2.24m	0.062% $ 4.0m
Elliot Davis	Special Advisor of Legal & Compliance	less than a year	US$2.31m	0.076% $ 4.9m
Michael Miller	VP, Corporate Controller & Chief Accounting Officer	less than a year	no data	no data
Jimmy Williams	Senior VP & CTO	1.7yrs	no data	0.0014% $ 92.8k
David Weston	Vice President of Investor Relations	less than a year	no data	no data
Vaishali Bhatia	Senior VP	less than a year	no data	no data
Tina Busch	Senior VP & Chief Human Resources Officer	1.8yrs	no data	0.020% $ 1.3m
Netta Washington	Executive Vice President	less than a year	no data	no data
John Minich	President of Forged Products	10.3yrs	no data	no data

1.7yrs

Average Tenure

59yo

Average Age

Experienced Management: ATD's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Robert Wetherbee	Chairman & CEO	5.5yrs	US$7.67m	0.35% $ 22.4m
Kimberly Fields	President	less than a year	US$3.97m	0.12% $ 7.6m
James Diggs	Independent Director	23.5yrs	US$254.98k	0.037% $ 2.4m
J. Harvey	Lead Independent Director	16.6yrs	US$279.97k	0.076% $ 4.9m
Leroy Ball	Independent Director	5.4yrs	US$264.98k	0.026% $ 1.7m
David Hess	Independent Director	5.2yrs	US$254.98k	0.025% $ 1.6m
Carolyn Corvi	Independent Director	11.8yrs	US$259.98k	0.055% $ 3.5m
David Morehouse	Independent Director	9.4yrs	US$239.98k	0.053% $ 3.4m
Herbert Carlisle	Independent Director	6.4yrs	US$239.98k	0.028% $ 1.8m
Marianne Kah	Independent Director	5.2yrs	US$239.98k	0.026% $ 1.7m
Ruby Sharma	Independent Director	1.3yrs	US$199.99k	0.0038% $ 244.8k

5.5yrs

Average Tenure

68yo

Average Age

Experienced Board: ATD's board of directors are considered experienced (5.5 years average tenure).

ATI Management

Management criteria checks 2/4

Key information

Recent management updates

ATI Inc. Appoints Netta Washington to Executive Vice President

ATI Inc., Annual General Meeting, May 16, 2024

ATI Inc. Names Vaishali Bhatia Senior Vice President, General Counsel and Chief Compliance Officer, Effective March 20, 2024

ATI Inc. Appoints Michael B. Miller as Vice President, Corporate Controller and Chief Accounting Officer

ATI Elects Kimberly A. Fields as CEO, Effective July 1, 2024

ATI Inc. Appoints Kimberly A. Fields as President and Chief Operating Officer, Effective July 1, 2023

Recent updates

ATI Inc. Appoints Netta Washington to Executive Vice President

First quarter 2024 earnings released: EPS: US$0.52 (vs US$0.55 in 1Q 2023)

ATI Inc. to Report Q1, 2024 Results on Apr 30, 2024

ATI Inc., Annual General Meeting, May 16, 2024

ATI Inc. Names Vaishali Bhatia Senior Vice President, General Counsel and Chief Compliance Officer, Effective March 20, 2024

ATI Inc. Appoints Michael B. Miller as Vice President, Corporate Controller and Chief Accounting Officer

Full year 2023 earnings released: EPS: US$3.21 (vs US$2.54 in FY 2022)

ATI Elects Kimberly A. Fields as CEO, Effective July 1, 2024

New major risk - Revenue and earnings growth

Full year 2023 earnings released: EPS: US$3.21 (vs US$1.03 in FY 2022)

ATI Inc. to Report Q4, 2023 Results on Feb 01, 2024

ATI Inc. (NYSE:ATI) announces an Equity Buyback for $150 million worth of its shares.

Third quarter 2023 earnings released: EPS: US$0.59 (vs US$0.47 in 3Q 2022)

ATI Inc. to Report Q3, 2023 Results on Nov 02, 2023

ATI Inc. Provides Earnings Guidance for the Fourth Quarter of 2023

Second quarter 2023 earnings released: EPS: US$0.59 (vs US$0.30 loss in 2Q 2022)

ATI Inc. to Report Q2, 2023 Results on Aug 02, 2023

ATI Inc. Appoints Kimberly A. Fields as President and Chief Operating Officer, Effective July 1, 2023

ATI Inc. (NYSE:ATI) announces an Equity Buyback for $75 million worth of its shares.

First quarter 2023 earnings released: EPS: US$0.55 (vs US$0.24 in 1Q 2022)

Insider recently sold €351k worth of stock

Full year 2022 earnings released: EPS: US$1.03 (vs US$0.30 loss in FY 2021)

ATI Inc. to Report Q4, 2022 Results on Feb 02, 2023

Insider recently sold €833k worth of stock

Insufficient new directors

ATI Inc. Appoints Jimmy Williams, Jr. as Senior Vice President and Chief Technology Officer

Third quarter 2022 earnings released: EPS: US$0.47 (vs US$0.38 in 3Q 2021)

ATI Inc. to Report Q3, 2022 Results on Nov 02, 2022

ATI Names Tina Busch as Chief Human Resources Officer

ATI Inc. Announces Retirement of Kevin B. Kramer as Senior Vice President, Chief Commercial and Marketing Officer, Effective as of January 31, 2024

ATI Inc. Appoints Tom Wright as Interim Head of Investor Relations

Second quarter 2022 earnings released: US$0.31 loss per share (vs US$0.39 loss in 2Q 2021)

ATI Inc. Provides Earnings Guidance for the Third Quarter of 2022

ATI Inc. to Report Q2, 2022 Results on Aug 04, 2022

Allegheny Technologies Incorporated Announces Retirement of Karl D. Schwartz as Vice President, Controller and Chief Accounting Officer

Allegheny Technologies Incorporated(NYSE:ATI) dropped from Russell 2000 Value Index

Insufficient new directors

Mutares SE & Co. KGaA (XTRA:MUX) completed the acquisition of Sheffield Operations of Allegheny Technologies Incorporated (NYSE:ATI).

First quarter 2022 earnings released: EPS: US$0.24 (vs US$0.062 loss in 1Q 2021)

Allegheny Technologies Incorporated to Report Q1, 2022 Results on May 04, 2022

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

Allegheny Technologies Incorporated (NYSE:ATI) announces an Equity Buyback for $150 million worth of its shares.

Third quarter 2021 earnings released: EPS US$0.38 (vs US$0.40 loss in 3Q 2020)

Consolidated Boring, Inc acquired Flowform Products business of Allegheny Technologies Incorporated (NYSE:ATI) in Billerica, Massachusetts for $55 million

Second quarter 2021 earnings released: US$0.39 loss per share (vs US$3.34 loss in 2Q 2020)

First quarter 2021 earnings released: US$0.062 loss per share (vs US$0.17 profit in 1Q 2020)

Allegheny Technologies Incorporated Announces Retirement of John D. Sims as Senior Advisor

Revenue beats expectations

Full year 2020 earnings released: US$12.43 loss per share (vs US$2.05 profit in FY 2019)

New 90-day high: €15.50

Full year 2020 earnings released: US$12.43 loss per share (vs US$2.05 profit in FY 2019)

Revenue beats expectations

New 90-day high: €15.00

Allegheny Technologies Incorporated to Report Q4, 2020 Results on Jan 28, 2021

SVP of Finance & CFO recently bought €174k worth of stock

Allegheny Technologies Incorporated Announces Appointment of Kim Fields as Executive Vice President of High Performance Materials and Components, Effective January 1, 2021

New 90-day high: €12.60

New 90-day high: €8.50

Third quarter earnings released

Third-quarter earnings released: Revenue misses expectations

Allegheny Technologies Incorporated to Report Q2, 2019 Results on Jul 23, 2019

Allegheny Technologies Incorporated to Report Q3, 2020 Results on Oct 29, 2020

Allegheny Technologies Incorporated(NYSE:ATI) dropped from S&P 400 Materials (Sector)

New 90-day low - €6.95

First half earnings released

An unknown buyer completed the acquisition of the remaining portion of oil and gas rights in Eddy County, New Mexico from Allegheny Technologies Incorporated (NYSE:ATI).

Allegheny Technologies Incorporated to Report Q2, 2020 Results on Aug 04, 2020

CEO Compensation Analysis

CEO