Commercial Metals Management
Management criteria checks 1/4
Commercial Metals' CEO is Peter Matt, appointed in Apr 2023, has a tenure of 4.25 years. total yearly compensation is $4.48M, comprised of 6.9% salary and 93.1% bonuses, including company stock and options. directly owns 0.023% of the company’s shares, worth €1.31M. The average tenure of the management team and the board of directors is 1.3 years and 4.3 years respectively.
Key information
Peter Matt
Chief executive officer
US$4.5m
Total compensation
| CEO salary percentage | 6.9% |
| CEO tenure | less than a year |
| CEO ownership | 0.02% |
| Management average tenure | 1.3yrs |
| Board average tenure | 4.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Feb 29 2024 | n/a | n/a | US$680m |
| Nov 30 2023 | n/a | n/a | US$774m |
| Aug 31 2023 | US$4m | US$308k | US$860m |
| May 31 2023 | n/a | n/a | US$964m |
| Feb 28 2023 | n/a | n/a | US$1b |
| Nov 30 2022 | n/a | n/a | US$1b |
| Aug 31 2022 | US$271k | n/a | US$1b |
| May 31 2022 | n/a | n/a | US$1b |
| Feb 28 2022 | n/a | n/a | US$899m |
| Nov 30 2021 | n/a | n/a | US$582m |
| Aug 31 2021 | US$241k | n/a | US$413m |
| May 31 2021 | n/a | n/a | US$328m |
| Feb 28 2021 | n/a | n/a | US$262m |
| Nov 30 2020 | n/a | n/a | US$259m |
| Aug 31 2020 | US$98k | n/a | US$278m |
Compensation vs Market: Peter's total compensation ($USD4.48M) is above average for companies of similar size in the German market ($USD3.42M).
Compensation vs Earnings: Peter's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Peter Matt (60 yo)
less than a year
Tenure
US$4,482,685
Compensation
Mr. Peter R. Matt is Director at Large of Metals Service Center Institute. Mr. Matt has Bachelor's from Amherst College. He served as an Independent Director of Commercial Metals Company since January 8, 2...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board | 6.6yrs | US$9.60m | 0.28% $ 16.0m | |
| CEO, President & Director | less than a year | US$4.48m | 0.023% $ 1.3m | |
| Senior VP & CFO | 4.6yrs | US$2.70m | 0.12% $ 7.2m | |
| Senior Vice President of Operational & Commercial Excellence | 2.4yrs | US$2.56m | 0.088% $ 5.1m | |
| Senior VP | 4.2yrs | US$1.79m | 0.026% $ 1.5m | |
| Senior VP | 4.3yrs | US$1.79m | 0.025% $ 1.5m | |
| VP & Chief Accounting Officer | no data | no data | 0.0066% $ 380.6k | |
| Vice President of Strategy | 1.3yrs | no data | no data | |
| Senior Vice President of Emerging Businesses Group | 1.3yrs | no data | no data | |
| Senior Vice President of North America Steel Group | 1.3yrs | no data | 0.0025% $ 146.4k |
1.3yrs
Average Tenure
52yo
Average Age
Experienced Management: CMS's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board | 6.6yrs | US$9.60m | 0.28% $ 16.0m | |
| CEO, President & Director | 4.3yrs | US$4.48m | 0.023% $ 1.3m | |
| Independent Director | 10.3yrs | US$286.98k | 0.050% $ 2.9m | |
| Lead Independent Director | 13.3yrs | US$296.98k | 0.068% $ 3.9m | |
| Independent Director | 10.3yrs | US$283.98k | 0.034% $ 1.9m | |
| Independent Director | 2.5yrs | US$268.18k | 0.016% $ 921.5k | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 1.1yrs | US$169.69k | 0.0045% $ 260.9k | |
| Independent Director | 4.3yrs | US$270.72k | 0.017% $ 986.3k | |
| Independent Director | 2.1yrs | US$259.98k | 0.0043% $ 249.9k |
4.3yrs
Average Tenure
64yo
Average Age
Experienced Board: CMS's board of directors are considered experienced (4.3 years average tenure).