LSB Industries Management

Management criteria checks 2/4

LSB Industries' CEO is Mark Behrman, appointed in Dec 2018, has a tenure of 5.33 years. total yearly compensation is $4.49M, comprised of 16.2% salary and 83.8% bonuses, including company stock and options. directly owns 1.9% of the company’s shares, worth €10.52M. The average tenure of the management team and the board of directors is 4.2 years and 8.3 years respectively.

Key information

Mark Behrman

Chief executive officer

US$4.5m

Total compensation

CEO salary percentage	16.2%
CEO tenure	5.3yrs
CEO ownership	1.9%
Management average tenure	4.2yrs
Board average tenure	8.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mark Behrman's remuneration changed compared to LSB Industries's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$4m	US$725k	US$28m
Sep 30 2023	n/a	n/a	US$99m
Jun 30 2023	n/a	n/a	US$109m
Mar 31 2023	n/a	n/a	US$187m
Dec 31 2022	US$4m	US$676k	US$230m
Sep 30 2022	n/a	n/a	US$206m
Jun 30 2022	n/a	n/a	-US$47m
Mar 31 2022	n/a	n/a	-US$138m
Dec 31 2021	US$3m	US$650k	-US$220m
Sep 30 2021	n/a	n/a	-US$294m
Jun 30 2021	n/a	n/a	-US$72m
Mar 31 2021	n/a	n/a	-US$94m
Dec 31 2020	US$994k	US$650k	-US$99m
Sep 30 2020	n/a	n/a	-US$104m
Jun 30 2020	n/a	n/a	-US$114m
Mar 31 2020	n/a	n/a	-US$105m
Dec 31 2019	US$2m	US$650k	-US$96m
Sep 30 2019	n/a	n/a	-US$81m
Jun 30 2019	n/a	n/a	-US$75m
Mar 31 2019	n/a	n/a	-US$109m
Dec 31 2018	US$3m	US$500k	-US$103m
Sep 30 2018	n/a	n/a	-US$90m
Jun 30 2018	n/a	n/a	-US$81m
Mar 31 2018	n/a	n/a	-US$61m
Dec 31 2017	US$1m	US$500k	-US$61m

Compensation vs Market: Mark's total compensation ($USD4.49M) is above average for companies of similar size in the German market ($USD1.02M).

Compensation vs Earnings: Mark's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Mark Behrman (60 yo)

5.3yrs

Tenure

US$4,487,833

Compensation

Mr. Mark T. Behrman has been President, Chief Executive Officer and Director of LSB Industries, Inc. since December 30, 2018. Mr. Behrman served as the Chief Financial Officer and Executive Vice President...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Mark Behrman	President	5.3yrs	US$4.49m	1.9% $ 10.5m
Cheryl Maguire	Executive VP & CFO	5.3yrs	US$1.24m	0.31% $ 1.7m
Michael Foster	Executive VP	8.3yrs	US$1.22m	0.51% $ 2.8m
John Burns	Executive Vice President of Manufacturing	4.2yrs	US$943.84k	0.17% $ 924.2k
Damien Renwick	Executive VP & Chief Commercial Officer	3.3yrs	US$967.24k	0.070% $ 386.0k
Fredric Buonocore	Vice President of Investor Relations	2.3yrs	no data	no data
Brian Jensen	Director of Corporate Development	1.8yrs	no data	no data
Ashley McKee	Executive VP & Chief Human Resources Officer	less than a year	no data	no data
Paul Rydlund	Senior Vice President of Business Development	no data	no data	no data
Kristy Carver	Senior VP & Treasurer	5.3yrs	US$1.26m	0.078% $ 434.8k

4.2yrs

Average Tenure

55.5yo

Average Age

Experienced Management: LS3's management team is considered experienced (4.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Mark Behrman	President	5.3yrs	US$4.49m	1.9% $ 10.5m
Barry Golsen	Independent Director	43.3yrs	US$190.00k	0.94% $ 5.2m
Richard Roedel	Independent Chairman & Lead Independent Director	9yrs	US$257.50k	0.14% $ 754.3k
Richard Sanders	Independent Director	9.8yrs	US$190.00k	0.24% $ 1.4m
Lynn White	Independent Director	9yrs	US$180.00k	0.28% $ 1.6m
Steven Packebush	Independent Director	3.9yrs	US$190.00k	0.046% $ 253.7k
Diana Peninger	Independent Director	4.1yrs	US$192.50k	0.052% $ 285.7k
Jonathan Bobb	Independent Director	8.3yrs	US$192.50k	0.017% $ 96.8k
Kanna Kitamura	Independent Director	5.3yrs	US$187.50k	no data

8.3yrs

Average Tenure

60yo

Average Age

Experienced Board: LS3's board of directors are considered experienced (8.3 years average tenure).

LSB Industries Management

Management criteria checks 2/4

Key information

Recent management updates

LSB Industries, Inc., Annual General Meeting, May 23, 2024

Lsb Industries, Inc. Announces Appointment of Ashley Mckee as Executive Vice President and Chief Human Resources Officer, Effective June 5, 2023

Insufficient new directors

LSB Industries, Inc. Appoints Brian Jensen as Director of Corporate Development

LSB Industries, Inc., Annual General Meeting, May 12, 2022

LSB Industries, Inc. Appoints Damien Renwick as Chief Commercial Officer

Recent updates

LSB Industries, Inc., Annual General Meeting, May 23, 2024

New major risk - Financial position

Full year 2023 earnings released: EPS: US$0.37 (vs US$2.72 in FY 2022)

LSB Industries, Inc. Provides Production and Sales Guidance for the Full Year 2024

LSB Industries, Inc. to Report Q4, 2023 Results on Mar 05, 2024

Third quarter 2023 earnings released: US$0.10 loss per share (vs US$0.027 profit in 3Q 2022)

LSB Industries, Inc. to Report Q3, 2023 Results on Nov 01, 2023

LSB Industries, Inc. to Report Q2, 2023 Results on Jul 26, 2023

LSB Industries, Inc.(NYSE:LXU) dropped from Russell Small Cap Comp Growth Index

Lsb Industries, Inc. Announces Appointment of Ashley Mckee as Executive Vice President and Chief Human Resources Officer, Effective June 5, 2023

Investor sentiment improves as stock rises 16%

LSB Industries, Inc. (NYSE:LXU) announces an Equity Buyback for $150 million worth of its shares.

First quarter 2023 earnings released: EPS: US$0.21 (vs US$0.67 in 1Q 2022)

Insufficient new directors

LSB Industries, Inc. to Report Q4, 2022 Results on Feb 22, 2023

LSB Industries, Inc. Provides Update on its Cherokee, AL Facility

LSB Industries, Inc. Provides Update on Its Cherokee, Al and El Dorado, AR Facilities

Now 20% undervalued after recent price drop

Investor sentiment deteriorated over the past week

LSB Industries, Inc. has completed a Follow-on Equity Offering in the amount of $193.725 million.

Third quarter 2022 earnings released: EPS: US$0.027 (vs US$6.39 loss in 3Q 2021)

LSB Industries, Inc. to Report Q3, 2022 Results on Nov 01, 2022

LSB Industries, Inc. has completed a Follow-on Equity Offering in the amount of $175.5 million.

Second quarter 2022 earnings released: EPS: US$1.17 (vs US$0.34 in 2Q 2021)

LSB Industries, Inc. to Report Q2, 2022 Results on Jul 27, 2022

LSB Industries, Inc.(NYSE:LXU) dropped from Russell Microcap Index

LSB Industries, Inc. Appoints Brian Jensen as Director of Corporate Development

LSB Industries, Inc. (NYSE:LXU) announces an Equity Buyback for $50 million worth of its shares.

First quarter 2022 earnings released: EPS: US$0.66 (vs US$0.63 loss in 1Q 2021)

LSB Industries, Inc. to Report Q1, 2022 Results on May 03, 2022

LSB Industries, Inc., Annual General Meeting, May 12, 2022

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

LSB Industries, Inc. to Report Q4, 2021 Results on Feb 23, 2022

Third quarter 2021 earnings released: US$6.39 loss per share (vs US$0.81 loss in 3Q 2020)

LSB Industries, Inc. Will Pay a Special Dividend, Payable on October 8, 2021

Forecast to breakeven in 2022

Second quarter 2021 earnings released: EPS US$0.44 (vs US$0.34 loss in 2Q 2020)

Forecast to breakeven in 2022

LSB Industries, Inc. Provides Update on Its Pryor, Ok Facility

LSB Industries, Inc. to Report Q4, 2020 Results on Feb 24, 2021

LSB Industries, Inc.(NYSE:LXU) dropped from Russell 2000 Dynamic Index

New 90-day high: €3.28

LSB Industries, Inc. Appoints Damien Renwick as Chief Commercial Officer

New 90-day high: €2.62

New 90-day high: €2.14

Revenue misses expectations

Third quarter 2020 earnings released: US$1.06 loss per share

New 90-day high: €2.10

LSB Industries, Inc. to Report Q3, 2020 Results on Nov 05, 2020

LSB Industries, Inc. Wins New Seven Year Nitric Acid Contract

New 90-day high - €1.58

LSB Industries, Inc. to Report Q2, 2020 Results on Jul 29, 2020

LSB Industries, Inc.(NYSE:LXU) dropped from Russell Small Cap Comp Value Index

LSB Industries, Inc.(NYSE:LXU) dropped from Russell 2000 Value Index

LSB Industries, Inc.(NYSE:LXU) dropped from S&P Global BMI Index

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age