Haynes International Management

Management criteria checks 3/4

Haynes International's CEO is Michael Shor, appointed in May 2018, has a tenure of 5.92 years. total yearly compensation is $2.61M, comprised of 26.8% salary and 73.2% bonuses, including company stock and options. directly owns 0.74% of the company’s shares, worth €5.26M. The average tenure of the management team and the board of directors is 5.8 years and 5.5 years respectively.

Key information

Michael Shor

Chief executive officer

US$2.6m

Total compensation

CEO salary percentage	26.8%
CEO tenure	5.9yrs
CEO ownership	0.7%
Management average tenure	5.8yrs
Board average tenure	5.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Michael Shor's remuneration changed compared to Haynes International's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	US$42m
Sep 30 2023	US$3m	US$700k	US$42m
Jun 30 2023	n/a	n/a	US$45m
Mar 31 2023	n/a	n/a	US$52m
Dec 31 2022	n/a	n/a	US$48m
Sep 30 2022	US$3m	US$695k	US$45m
Jun 30 2022	n/a	n/a	US$31m
Mar 31 2022	n/a	n/a	US$16m
Dec 31 2021	n/a	n/a	US$4m
Sep 30 2021	US$2m	US$604k	-US$9m
Jun 30 2021	n/a	n/a	-US$17m
Mar 31 2021	n/a	n/a	-US$26m
Dec 31 2020	n/a	n/a	-US$18m
Sep 30 2020	US$2m	US$607k	-US$7m
Jun 30 2020	n/a	n/a	US$5m
Mar 31 2020	n/a	n/a	US$17m
Dec 31 2019	n/a	n/a	US$15m
Sep 30 2019	US$2m	US$580k	US$10m
Jun 30 2019	n/a	n/a	US$6m
Mar 31 2019	n/a	n/a	US$3m
Dec 31 2018	n/a	n/a	-US$923k
Sep 30 2018	US$1m	US$138k	-US$22m
Jun 30 2018	n/a	n/a	-US$28m
Mar 31 2018	n/a	n/a	-US$32m
Dec 31 2017	n/a	n/a	-US$32m
Sep 30 2017	US$209k	n/a	-US$10m

Compensation vs Market: Michael's total compensation ($USD2.61M) is above average for companies of similar size in the German market ($USD1.29M).

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

CEO

Michael Shor (63 yo)

5.9yrs

Tenure

US$2,610,143

Compensation

Mr. Michael L. Shor has been Chief Executive Officer and President at Haynes International, Inc. since September 01, 2018. Mr. Shor served as Chairman of the Board at Haynes International, Inc. since Febru...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Michael Shor	President	5.9yrs	US$2.61m	0.74% $ 5.3m
Daniel Maudlin	VP of Finance	11.3yrs	US$953.33k	0.23% $ 1.7m
David Strobel	Vice President of Operations	5.6yrs	US$895.68k	0.15% $ 1.0m
Marlin Losch	Vice President of Sales & Distribution	14.3yrs	US$799.07k	0.23% $ 1.7m
Scott Pinkham	Vice President of Tube & Wire Products	20.1yrs	US$734.34k	0.22% $ 1.6m
David Van Bibber	Controller & Chief Accounting Officer	11.3yrs	no data	0.12% $ 828.7k
Lee Pike	VP of Research & Technology	less than a year	no data	0.017% $ 121.6k
Gregory Tipton	VP & Chief Information Officer	5.3yrs	no data	0.083% $ 588.8k
Angela Kohlheim	VP, General Counsel & Corporate Secretary	1.3yrs	no data	0.022% $ 156.4k
Susan Perry	Vice President of Human Resources	less than a year	no data	0.015% $ 107.1k

5.8yrs

Average Tenure

57yo

Average Age

Experienced Management: HYVN's management team is seasoned and experienced (5.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Michael Shor	President	11.7yrs	US$2.61m	0.74% $ 5.3m
Robert Hinman Getz	Independent Chairman of the Board	18.1yrs	US$356.42k	0.31% $ 2.2m
Dawne Hickton	Independent Director	6.8yrs	US$279.62k	0.18% $ 1.3m
Brian Shelton	Independent Director	1.1yrs	US$123.45k	0.031% $ 218.5k
Alicia Masse	Independent Director	1.1yrs	US$121.99k	0.031% $ 218.5k
Larry Spencer	Independent Director	4.3yrs	US$213.32k	0.11% $ 813.7k

5.5yrs

Average Tenure

64yo

Average Age

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

Haynes International Management

Management criteria checks 3/4

Key information

Recent management updates

Haynes International, Inc., Annual General Meeting, Feb 21, 2024

Insufficient new directors

Haynes International, Inc., Annual General Meeting, Feb 22, 2023

Independent Director recently sold €168k worth of stock

Recent updates

Upcoming dividend of US$0.22 per share

First quarter dividend of US$0.22 announced

Haynes International, Inc. announced that it expects to receive $170 million in funding from Acerinox, S.A.

Haynes International, Inc. announced that it expects to receive $170 million in funding from Acerinox, S.A.

Haynes International, Inc. announced that it expects to receive $170 million in funding from Acerinox, S.A.

New minor risk - Shareholder dilution

Haynes International, Inc. to Report Q1, 2024 Results on Feb 08, 2024

Haynes International, Inc., Annual General Meeting, Feb 21, 2024

Now 21% undervalued after recent price drop

Full year 2023 earnings released: EPS: US$3.31 (vs US$3.62 in FY 2022)

Haynes International, Inc. Provides Earnings Guidance for the First Quarter of Fiscal 2024

Haynes International, Inc. to Report Q4, 2023 Results on Nov 16, 2023

Now 21% undervalued after recent price drop

Haynes International, Inc. Declares Regular Quarterly Cash Dividend on the Company’s Common Stock, Payable September 15, 2023

Haynes International, Inc. to Report Q3, 2023 Results on Aug 03, 2023

Haynes International, Inc. Begins Network Outlet of Cybersecurity Incident

Upcoming dividend of US$0.22 per share at 1.9% yield

Second quarter 2023 earnings released: EPS: US$0.98 (vs US$0.68 in 2Q 2022)

Haynes International, Inc. Provides Earnings Guidance for the Third Quarter and Full Year of 2023

Investor sentiment deteriorates as stock falls 15%

Upcoming dividend of US$0.22 per share at 1.6% yield

First quarter 2023 earnings released: EPS: US$0.62 (vs US$0.37 in 1Q 2022)

Haynes International, Inc. Provides Revenue Guidance for the Second Quarter and Full Year Fiscal 2023

Insufficient new directors

Haynes International, Inc., Annual General Meeting, Feb 22, 2023

Haynes International, Inc. to Report Q1, 2023 Results on Feb 02, 2023

Independent Director recently sold €168k worth of stock

Full year 2022 earnings released: EPS: US$3.62 (vs US$0.71 loss in FY 2021)

Haynes International, Inc. Provides Earnings Guidance for the Year 2023

Haynes International, Inc. to Report Q4, 2022 Results on Nov 17, 2022

Upcoming dividend of US$0.22 per share

Investor sentiment improved over the past week

Third quarter 2022 earnings released: EPS: US$1.25 (vs US$0.031 in 3Q 2021)

Haynes International, Inc. Declares Quarterly Cash Dividend, Payable on September 15, 2022

Haynes International, Inc. Provides Earnings Guidance for the Fourth Quarter 2022

Haynes International, Inc. to Report Q3, 2022 Results on Jul 28, 2022

Upcoming dividend of US$0.22 per share

Second quarter 2022 earnings released: EPS: US$0.69 (vs US$0.29 loss in 2Q 2021)

Haynes International, Inc. to Report Q2, 2022 Results on Apr 28, 2022

Upcoming dividend of US$0.22 per share

First quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

Haynes International, Inc. Declares Regular Quarterly Cash Dividend, Payable March 15, 2022

Full year 2021 earnings released: US$0.69 loss per share (vs US$0.53 loss in FY 2020)

Upcoming dividend of US$0.22 per share

Third quarter 2021 earnings released: EPS US$0.034 (vs US$0.65 loss in 3Q 2020)

Haynes International, Inc.(NasdaqGS:HAYN) dropped from Russell 2000 Defensive Index

Upcoming dividend of US$0.22 per share

Second quarter 2021 earnings released: US$0.29 loss per share (vs US$0.32 profit in 2Q 2020)

Haynes International, Inc. Declares Quarterly Cash Dividend, Payable on June 15, 2021

Haynes International, Inc. Not Providing Financial Guidance for the Second Quarter of Fiscal 2021 Due to the COVID-19 Global Pandemic

First quarter 2021 earnings released: US$0.64 loss per share (vs US$0.26 profit in 1Q 2020)

Revenue beats expectations

Haynes International, Inc. to Report Q1, 2021 Results on Jan 28, 2021

New 90-day high: €19.50

Revenue beats expectations

Full year 2020 earnings released: US$0.53 loss per share

Haynes International, Inc. to Report Q4, 2020 Results on Nov 19, 2020

New 90-day high: €18.60

Market bids up stock over the past week

Market bids up stock over the past week

New 90-day low: €14.30

New 90-day low: €14.80

New 90-day low - €15.70

New 90-day low - €18.00

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age