Eagle Materials Management

Management criteria checks 3/4

Eagle Materials' CEO is Michael Haack, appointed in Aug 2018, has a tenure of 5.67 years. total yearly compensation is $7.61M, comprised of 13.1% salary and 86.9% bonuses, including company stock and options. directly owns 0.24% of the company’s shares, worth €20.13M. The average tenure of the management team and the board of directors is 5.3 years and 7.8 years respectively.

Key information

Michael Haack

Chief executive officer

US$7.6m

Total compensation

CEO salary percentage	13.1%
CEO tenure	5.7yrs
CEO ownership	0.2%
Management average tenure	5.3yrs
Board average tenure	7.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Michael Haack's remuneration changed compared to Eagle Materials's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	US$501m
Sep 30 2023	n/a	n/a	US$489m
Jun 30 2023	n/a	n/a	US$477m
Mar 31 2023	US$8m	US$1m	US$462m
Dec 31 2022	n/a	n/a	US$436m
Sep 30 2022	n/a	n/a	US$421m
Jun 30 2022	n/a	n/a	US$384m
Mar 31 2022	US$7m	US$900k	US$374m
Dec 31 2021	n/a	n/a	US$366m
Sep 30 2021	n/a	n/a	US$345m
Jun 30 2021	n/a	n/a	US$332m
Mar 31 2021	US$6m	US$824k	US$334m
Dec 31 2020	n/a	n/a	US$337m
Sep 30 2020	n/a	n/a	US$300m
Jun 30 2020	n/a	n/a	US$285m
Mar 31 2020	US$5m	US$800k	US$231m
Dec 31 2019	n/a	n/a	US$34m
Sep 30 2019	n/a	n/a	US$48m
Jun 30 2019	n/a	n/a	US$46m
Mar 31 2019	US$3m	US$575k	US$224m
Dec 31 2018	n/a	n/a	US$234m
Sep 30 2018	n/a	n/a	US$277m
Jun 30 2018	n/a	n/a	US$268m
Mar 31 2018	US$2m	US$546k	US$257m

Compensation vs Market: Michael's total compensation ($USD7.61M) is above average for companies of similar size in the German market ($USD3.35M).

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

CEO

Michael Haack (50 yo)

5.7yrs

Tenure

US$7,614,788

Compensation

Mr. Michael R. Haack has been President of Eagle Materials Inc. since August 2018 and its Director since June 19, 2019. He has been Chief Executive Officer of Eagle Materials Inc. since July 1, 2019. He se...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Michael Haack	CEO, President & Director	5.7yrs	US$7.61m	0.24% $ 20.1m
D. Kesler	Executive VP of Finance & Administration and CFO	14.7yrs	US$2.83m	0.18% $ 15.0m
Matthew Newby	Executive VP	1.8yrs	US$1.60m	0.058% $ 4.9m
William Devlin	Senior VP	18.5yrs	US$653.32k	0.074% $ 6.2m
Alex Haddock	VP of Investor Relations	less than a year	no data	no data
Tony Thompson	Senior Vice President of Cement East	5.3yrs	no data	0.038% $ 3.1m
Eric Cribbs	President of American Gypsum Company	3.3yrs	no data	0.041% $ 3.4m
Tony Sneska	Senior Vice President of Cement Sales & Marketing	no data	no data	no data

5.3yrs

Average Tenure

50yo

Average Age

Experienced Management: E5M's management team is seasoned and experienced (5.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Michael Haack	CEO, President & Director	4.8yrs	US$7.61m	0.24% $ 20.1m
Richard Beckwitt	Independent Director	9.6yrs	US$293.15k	0.061% $ 5.1m
Margot Carter	Independent Director	6.5yrs	US$195.51k	0.028% $ 2.3m
Mary Ricciardello	Independent Director	4yrs	US$262.41k	0.023% $ 1.9m
George Damiris	Independent Director	7.6yrs	US$288.74k	0.023% $ 1.9m
Martin Ellen	Independent Director	10.8yrs	US$252.36k	0.030% $ 2.5m
Michael Nicolais	Independent Chairman of the Board	22.9yrs	US$430.86k	0.15% $ 12.7m
Richard Stewart	Independent Director	17.6yrs	US$234.06k	0.032% $ 2.7m
David Powers	Independent Director	8.1yrs	US$230.51k	0.054% $ 4.5m
Mauro Gregorio	Independent Director	2.4yrs	US$262.89k	0.014% $ 1.1m

7.8yrs

Average Tenure

64.5yo

Average Age

Experienced Board: E5M's board of directors are considered experienced (7.8 years average tenure).

Eagle Materials Management

Management criteria checks 3/4

Key information

Recent management updates

Independent Director recently sold €2.0m worth of stock

Key Executive recently sold €864k worth of stock

Eagle Materials Inc., Annual General Meeting, Aug 03, 2023

Executive Vice President of Strategy recently sold €2.1m worth of stock

Senior VP recently sold €402k worth of stock

Eagle Materials Inc. Announces Executive Changes

Recent updates

Eagle Materials Inc. to Report Q4, 2024 Results on May 21, 2024

Upcoming dividend of US$0.25 per share

Third quarter dividend of US$0.25 announced

New minor risk - Insider selling

Independent Director recently sold €2.0m worth of stock

Eagle Materials Inc. Declares Quarterly Dividend, Payable on April 12, 2024

Third quarter 2024 earnings released: EPS: US$3.75 (vs US$3.23 in 3Q 2023)

Eagle Materials Inc. to Report Q3, 2024 Results on Jan 25, 2024

Upcoming dividend of US$0.25 per share at 0.5% yield

Eagle Materials Inc. Declares Quarterly Cash Dividend, Payable on January 12, 2024

Second quarter 2024 earnings released: EPS: US$4.30 (vs US$3.74 in 2Q 2023)

Eagle Materials Inc. to Report Q2, 2024 Results on Oct 26, 2023

Upcoming dividend of US$0.25 per share at 0.5% yield

Eagle Materials Inc. Declares Quarterly Cash Dividend, Payable on October 16, 2023

Key Executive recently sold €864k worth of stock

First quarter 2024 earnings released: EPS: US$3.43 (vs US$2.77 in 1Q 2023)

Eagle Materials Inc. to Report Q1, 2024 Results on Jul 27, 2023

Eagle Materials Inc., Annual General Meeting, Aug 03, 2023

Upcoming dividend of US$0.25 per share at 0.6% yield

Executive Vice President of Strategy recently sold €2.1m worth of stock

Senior VP recently sold €402k worth of stock

Eagle Materials Inc. Declares Quarterly Cash Dividend, Payable on July 14, 2023

Eagle Materials Inc. Announces Executive Changes

Full year 2023 earnings released: EPS: US$12.54 (vs US$9.23 in FY 2022)

Eagle Materials Inc. (NYSE:EXP) acquired Cement import and distribution business of Martin Marietta in Northern California.

Insufficient new directors

Upcoming dividend of US$0.25 per share at 0.7% yield

Eagle Materials Inc. Declares Quarterly Dividend, Payable on April 14, 2023

Executive VP of Concrete recently sold €146k worth of stock

Key Executive recently sold €653k worth of stock

Third quarter 2023 earnings released: EPS: US$3.23 (vs US$2.56 in 3Q 2022)

Eagle Materials Inc. to Report Q3, 2023 Results on Jan 26, 2023

Upcoming dividend of US$0.25 per share

Eagle Materials Inc. Declares Quarterly Cash Dividend, Payable on January 12, 2023

Second quarter 2023 earnings released: EPS: US$3.74 (vs US$2.48 in 2Q 2022)

Eagle Materials Inc. to Report Q2, 2023 Results on Oct 26, 2022

Upcoming dividend of US$0.25 per share

Eagle Materials Declares Quarterly Dividend, Payable on October 14, 2022

First quarter 2023 earnings released: EPS: US$2.77 (vs US$2.27 in 1Q 2022)

Eagle Materials Inc. to Report Q1, 2023 Results on Jul 28, 2022

Eagle Materials Inc., Annual General Meeting, Aug 05, 2022

Independent Director recently sold €192k worth of stock

Upcoming dividend of US$0.25 per share

Executive VP recently sold €2.2m worth of stock

Eagle Materials Inc. Declares Quarterly Dividend, Payable on July 15, 2022

Full year 2022 earnings released: EPS: US$9.23 (vs US$8.04 in FY 2021)

Eagle Materials Inc. to Report Q4, 2022 Results on May 19, 2022

Upcoming dividend of US$0.25 per share

Eagle Materials Inc. Announces Executive Changes

Eagle Materials Inc. Declares Quarterly Dividend, Payable on April 18, 2022

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Upcoming dividend of US$0.25 per share

Second quarter 2022 earnings released: EPS US$2.48 (vs US$2.17 in 2Q 2021)

Upcoming dividend of US$0.25 per share

Executive VP recently sold €392k worth of stock

Senior VP recently sold €836k worth of stock

First quarter 2022 earnings released: EPS US$2.27 (vs US$2.35 in 1Q 2021)

Independent Director recently sold €2.1m worth of stock

Upcoming dividend of US$0.25 per share

Key Executive recently sold €1.2m worth of stock

Full year 2021 earnings released: EPS US$8.04 (vs US$1.69 in FY 2020)

Eagle Materials Inc. Declares Quarterly Cash Dividend, Payable on July 16, 2021

Independent Director recently sold €367k worth of stock

Insider recently sold €369k worth of stock

New 90-day high: €103

Executive Vice President of Strategy recently sold €2.8m worth of stock

New 90-day high: €97.50

Third quarter 2021 earnings released: EPS US$1.96 (vs US$2.78 loss in 3Q 2020)

Revenue beats expectations