Kronos Worldwide Management

Management criteria checks 2/4

Kronos Worldwide's CEO is Jim Buch, appointed in Jun 2021, has a tenure of 2.83 years. total yearly compensation is $2.14M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 0% of the company’s shares, worth €3.25K. The average tenure of the management team and the board of directors is 2.8 years and 7.2 years respectively.

Key information

Jim Buch

Chief executive officer

US$2.1m

Total compensation

CEO salary percentage	100.0%
CEO tenure	2.8yrs
CEO ownership	0.0003%
Management average tenure	2.8yrs
Board average tenure	7.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jim Buch's remuneration changed compared to Kronos Worldwide's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$2m	US$2m	-US$49m
Sep 30 2023	n/a	n/a	-US$64m
Jun 30 2023	n/a	n/a	-US$22m
Mar 31 2023	n/a	n/a	US$32m
Dec 31 2022	US$2m	US$2m	US$105m
Sep 30 2022	n/a	n/a	US$156m
Jun 30 2022	n/a	n/a	US$171m
Mar 31 2022	n/a	n/a	US$151m
Dec 31 2021	US$2m	US$2m	US$113m
Sep 30 2021	n/a	n/a	US$92m
Jun 30 2021	n/a	n/a	US$64m
Mar 31 2021	n/a	n/a	US$57m
Dec 31 2020	US$2m	US$2m	US$64m
Sep 30 2020	n/a	n/a	US$63m
Jun 30 2020	n/a	n/a	US$73m
Mar 31 2020	n/a	n/a	US$84m
Dec 31 2019	US$1m	US$1m	US$87m
Sep 30 2019	n/a	n/a	US$102m
Jun 30 2019	n/a	n/a	US$116m
Mar 31 2019	n/a	n/a	US$165m
Dec 31 2018	US$1m	US$1m	US$205m
Sep 30 2018	n/a	n/a	US$228m
Jun 30 2018	n/a	n/a	US$270m
Mar 31 2018	n/a	n/a	US$388m
Dec 31 2017	US$1m	US$1m	US$355m

Compensation vs Market: Jim's total compensation ($USD2.14M) is above average for companies of similar size in the German market ($USD1.62M).

Compensation vs Earnings: Jim's compensation has increased whilst the company is unprofitable.

CEO

Jim Buch (62 yo)

2.8yrs

Tenure

US$2,138,000

Compensation

Mr. James M. Buch, also known as Jim, had been Chief Operating Officer of Kronos Worldwide, Inc. since December 1, 2015 until February 22, 2023 and also serves as its President and CEO since June 1, 2021 a...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
James Buch	CEO, President & Director	2.8yrs	US$2.14m	0.00026% $ 3.3k
Tim Hafer	Executive VP & CFO	3.3yrs	US$1.02m	no data
Brian Christian	Executive VP & COO	1.2yrs	US$1.69m	no data
John Sunny	Executive VP & Chief Information Officer	8.9yrs	US$933.00k	no data
Benjiman Corona	President of Americas	1.2yrs	US$831.76k	0.00043% $ 5.4k
Michael Simmons	Vice Chairman	1.3yrs	no data	no data
Rainer Gruber	Executive VP and Chief Manufacturing & Technology Officer	5.3yrs	no data	no data
Alexis Thomason	VP & General Counsel	2.2yrs	no data	no data
William Miller	Vice President of Global Human Resources	1.3yrs	no data	no data
Andrew Nace	Executive Vice President	7.3yrs	US$876.00k	0.013% $ 167.9k
Courtney Riley	Executive VP & Chief Transformation Officer	1.9yrs	no data	no data
Kristin McCoy	Executive Vice President of Global Tax	2.8yrs	no data	no data

2.8yrs

Average Tenure

55.5yo

Average Age

Experienced Management: K1W's management team is considered experienced (2.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
James Buch	CEO, President & Director	1.9yrs	US$2.14m	0.00026% $ 3.3k
Michael Simmons	Vice Chairman	1.3yrs	no data	no data
Robert Turner	Independent Director	20.4yrs	US$97.07k	0.024% $ 301.0k
Meredith Mendes	Independent Director	6.1yrs	US$112.07k	0.0082% $ 102.1k
Cecil Moore	Independent Presiding Director	20.4yrs	US$117.07k	0.023% $ 287.1k
John Harper	Independent Director	8.3yrs	US$112.07k	0.010% $ 129.4k
Kevin Kramer	Director	less than a year	US$2.00k	0.0051% $ 64.2k
Loretta Feehan	Non Executive Chair of the Board	10.2yrs	US$117.07k	0.015% $ 183.6k

7.2yrs

Average Tenure

63.5yo

Average Age

Experienced Board: K1W's board of directors are considered experienced (7.2 years average tenure).

Kronos Worldwide Management

Management criteria checks 2/4

Key information

Recent management updates

Kronos Worldwide, Inc., Annual General Meeting, May 15, 2024

Kronos Worldwide, Inc. Appoints Kevin B. Kramer as Director

Insufficient new directors

Kronos Worldwide, Inc. Announces Board Changes

Kronos Worldwide, Inc. Announces Board Appointments

Insufficient new directors

Recent updates

Kronos Worldwide, Inc., Annual General Meeting, May 15, 2024

New minor risk - Share price stability

Full year 2023 earnings released: US$0.43 loss per share (vs US$0.91 profit in FY 2022)

Now 22% undervalued

Upcoming dividend of US$0.19 per share

Third quarter dividend of US$0.19 announced

Kronos Worldwide, Inc. Declares Regular Quarterly Dividend on Common Stock, Payable on March 14, 2024

Now 21% undervalued

Upcoming dividend of US$0.19 per share at 9.2% yield

Third quarter 2023 earnings released: US$0.18 loss per share (vs US$0.18 profit in 3Q 2022)

Kronos Worldwide, Inc. Appoints Kevin B. Kramer as Director

Kronos Worldwide, Inc. Announces Quarterly Dividend, Payable on December 14, 2023

Upcoming dividend of US$0.19 per share at 9.4% yield

Second quarter 2023 earnings released: US$0.071 loss per share (vs US$0.40 profit in 2Q 2022)

Kronos Worldwide, Inc. Declares Regular Quarterly Dividend, Payable on September 14, 2023

Kronos Worldwide, Inc.(NYSE:KRO) dropped from Russell 2000 Growth Index

Upcoming dividend of US$0.19 per share at 9.0% yield

Kronos Worldwide, Inc. Declares Regular Quarterly Dividend, Payable on June 15, 2023

First quarter 2023 earnings released: US$0.13 loss per share (vs US$0.50 profit in 1Q 2022)

Investor sentiment deteriorates as stock falls 19%

Now 20% undervalued after recent price drop

Full year 2022 earnings released: EPS: US$0.91 (vs US$0.98 in FY 2021)

Insufficient new directors

Kronos Worldwide, Inc. Announces Board Changes

Upcoming dividend of US$0.19 per share

Third quarter 2022 earnings released: EPS: US$0.18 (vs US$0.31 in 3Q 2021)

Kronos Worldwide, Inc. Announces Quarterly Dividend, Payable on December 15, 2022

Investor sentiment deteriorated over the past week

Now 22% undervalued after recent price drop

Upcoming dividend of US$0.19 per share

Second quarter 2022 earnings released: EPS: US$0.40 (vs US$0.22 in 2Q 2021)

Kronos Worldwide, Inc. Declares Regular Quarterly Dividend, Payable on September 15, 2022

Kronos Worldwide, Inc.(NYSE:KRO) dropped from Russell 2000 Value-Defensive Index

Upcoming dividend of US$0.19 per share

Kronos Worldwide, Inc. Announces Board Appointments

First quarter 2022 earnings released: EPS: US$0.50 (vs US$0.17 in 1Q 2021)

Insufficient new directors

Kronos Worldwide, Inc., Annual General Meeting, May 18, 2022

Kronos Worldwide, Inc., Annual General Meeting, May 18, 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Upcoming dividend of US$0.19 per share

Kronos Worldwide, Inc. Declares Quarterly Dividend, Payable on March 17, 2022

Upcoming dividend of US$0.18 per share

Third quarter 2021 earnings released: EPS US$0.31 (vs US$0.07 in 3Q 2020)

Upcoming dividend of US$0.18 per share

Second quarter 2021 earnings released: EPS US$0.22 (vs US$0.16 in 2Q 2020)

Upcoming dividend of US$0.18 per share

Kronos Worldwide, Inc. Declares Regular Quarterly Dividend, Payable on June 17, 2021

First quarter 2021 earnings released: EPS US$0.17 (vs US$0.23 in 1Q 2020)

Full year 2020 earnings released: EPS US$0.55 (vs US$0.75 in FY 2019)

Revenue beats expectations

New 90-day high: €12.40

New 90-day high: €12.30

Upcoming Dividend of US$0.18 Per Share

Revenue beats expectations

Third quarter 2020 earnings released: EPS US$0.07

New 90-day high: €11.40

New 90-day high: €11.30

New 90-day high - €11.20

New 90-day high - €10.00

First half earnings released

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members