Reliance Management

Management criteria checks 2/4

Reliance's CEO is Karla Lewis, appointed in Jan 2021, has a tenure of 3.25 years. total yearly compensation is $14.32M, comprised of 8.6% salary and 91.4% bonuses, including company stock and options. directly owns 0.14% of the company’s shares, worth €22.28M. The average tenure of the management team and the board of directors is 3.3 years and 4.5 years respectively.

Key information

Karla Lewis

Chief executive officer

US$14.3m

Total compensation

CEO salary percentage	8.6%
CEO tenure	3.3yrs
CEO ownership	0.1%
Management average tenure	3.3yrs
Board average tenure	4.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Karla Lewis's remuneration changed compared to Reliance's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$1b
Dec 31 2023	US$14m	US$1m	US$1b
Sep 30 2023	n/a	n/a	US$1b
Jun 30 2023	n/a	n/a	US$2b
Mar 31 2023	n/a	n/a	US$2b
Dec 31 2022	US$6m	US$970k	US$2b
Sep 30 2022	n/a	n/a	US$2b
Jun 30 2022	n/a	n/a	US$2b
Mar 31 2022	n/a	n/a	US$2b
Dec 31 2021	US$9m	US$925k	US$1b
Sep 30 2021	n/a	n/a	US$1b
Jun 30 2021	n/a	n/a	US$823m
Mar 31 2021	n/a	n/a	US$574m
Dec 31 2020	US$10m	US$900k	US$369m
Sep 30 2020	n/a	n/a	US$405m
Jun 30 2020	n/a	n/a	US$470m
Mar 31 2020	n/a	n/a	US$573m
Dec 31 2019	US$10m	US$900k	US$702m
Sep 30 2019	n/a	n/a	US$622m
Jun 30 2019	n/a	n/a	US$607m
Mar 31 2019	n/a	n/a	US$655m
Dec 31 2018	US$4m	US$673k	US$634m
Sep 30 2018	n/a	n/a	US$850m
Jun 30 2018	n/a	n/a	US$799m
Mar 31 2018	n/a	n/a	US$671m
Dec 31 2017	US$4m	US$638k	US$613m

Compensation vs Market: Karla's total compensation ($USD14.32M) is above average for companies of similar size in the German market ($USD5.58M).

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

CEO

Karla Lewis (57 yo)

3.3yrs

Tenure

US$14,319,273

Compensation

Mrs. Karla R. Lewis serves as President and Director at Reliance Steel & Aluminum Co. since January 15, 2021 and serves as its Chief Executive Officer since January 01, 2023. She serves as Vice President,...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Karla Lewis	President	3.3yrs	US$14.32m	0.14% $ 22.3m
Arthur Ajemyan	CFO & Senior VP	3.3yrs	US$4.23m	0.025% $ 3.9m
Stephen Koch	Executive VP & COO	1.8yrs	US$7.06m	0.039% $ 6.1m
William Smith	Senior VP	10.9yrs	US$4.22m	0.034% $ 5.4m
James Hoffman	Director & Senior Advisor to the CEO	1.3yrs	no data	0.35% $ 55.1m
Jeffrey Durham	Senior Vice President of Operations	5.3yrs	US$4.23m	0.050% $ 7.8m
Suzanne Bonner	Senior VP & Chief Information Officer	4.8yrs	no data	no data
Vandy Lupton	Vice President of Health & Human Resources	2.9yrs	no data	no data
Sean Mollins	Senior Vice President of Operations	no data	no data	0.037% $ 5.8m
Michael Hynes	Senior Vice President of Operations	1.8yrs	no data	0.021% $ 3.3m

3.3yrs

Average Tenure

56yo

Average Age

Experienced Management: RS6's management team is considered experienced (3.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Karla Lewis	President	3.3yrs	US$14.32m	0.14% $ 22.3m
James Hoffman	Director & Senior Advisor to the CEO	4.5yrs	no data	0.35% $ 55.1m
Mark Kaminski	Independent Non-Executive Chairman of the Board	19.4yrs	US$439.82k	0.042% $ 6.5m
Douglas Stotlar	Independent Director	7.5yrs	US$309.82k	0.014% $ 2.3m
David Seeger	Independent Director	2.8yrs	US$289.82k	0.0024% $ 377.9k
Karen Colonias	Independent Director	7.5yrs	US$309.82k	0.014% $ 2.3m
Frank Dellaquila	Independent Director	2.5yrs	US$288.66k	0.0024% $ 377.9k
Robert McEvoy	Independent Director	8.5yrs	US$289.82k	0.040% $ 6.3m
Lisa Baldwin	Independent Director	4.5yrs	US$269.91k	0.0062% $ 978.6k

4.5yrs

Average Tenure

64yo

Average Age

Experienced Board: RS6's board of directors are considered experienced (4.5 years average tenure).

Reliance Management

Management criteria checks 2/4

Key information

Recent management updates

Director & Senior Advisor to the CEO recently sold €12m worth of stock

President recently sold €13m worth of stock

Director & Senior Advisor to the CEO recently sold €2.5m worth of stock

Director & Senior Advisor to the CEO recently sold €5.2m worth of stock

Key Executive recently sold €2.6m worth of stock

Senior VP recently sold €1.6m worth of stock

Recent updates

Reliance, Inc. Provides Sales Guidance for the Second Quarter of 2024

First quarter 2024 earnings released: EPS: US$5.28 (vs US$6.51 in 1Q 2023)

Reliance, Inc. (NYSE:RS) completed the acquisition of American Alloy Steel, Inc.

Reliance, Inc. (NYSE:RS) acquired MidWest Materials, Inc.

Director & Senior Advisor to the CEO recently sold €12m worth of stock

Upcoming dividend of US$1.10 per share

President recently sold €13m worth of stock

Fourth quarter dividend of US$1.10 announced

Full year 2023 earnings released: EPS: US$22.90 (vs US$30.39 in FY 2022)

Reliance Steel & Aluminum Co. Declares Quarterly Cash Dividend, Payable on March 22, 2024

Reliance Steel & Aluminum Co. (NYSE:RS) entered into a definitive agreement to acquire American Alloy Steel, Inc.

Reliance Steel & Aluminum Co. to Report Q4, 2023 Results on Feb 15, 2024

Director & Senior Advisor to the CEO recently sold €2.5m worth of stock

Reliance Steel & Aluminum Co. to Report Q2, 2024 Results on Jul 25, 2024

Upcoming dividend of US$1.00 per share at 1.5% yield

Reliance Steel & Aluminum Co. Provides Earnings Guidance for the Fourth Quarter of 2023

Third quarter 2023 earnings released: EPS: US$5.05 (vs US$6.55 in 3Q 2022)

Reliance Steel & Aluminum Co. to Report Q3, 2023 Results on Oct 26, 2023

Director & Senior Advisor to the CEO recently sold €5.2m worth of stock

Key Executive recently sold €2.6m worth of stock

Upcoming dividend of US$1.00 per share at 1.4% yield

Senior VP recently sold €1.6m worth of stock

Reliance Steel & Aluminum Co. Provides Earnings Guidance for the Third Quarter of 2023

Second quarter 2023 earnings released: EPS: US$6.56 (vs US$9.29 in 2Q 2022)

Reliance Steel & Aluminum Co. to Report Q2, 2023 Results on Jul 27, 2023

Upcoming dividend of US$1.00 per share at 1.6% yield

First quarter 2023 earnings released: EPS: US$6.51 (vs US$8.46 in 1Q 2022)

Upcoming dividend of US$1.00 per share at 1.6% yield

Senior Advisor recently sold €9.2m worth of stock

Reliance Steel & Aluminum Co. Announces Retirement of John G. Figueroa from Service on the Board and Will Not Stand for Re-Election

Full year 2022 earnings released: EPS: US$30.39 (vs US$22.35 in FY 2021)

Reliance Steel & Aluminum Co. to Report Q4, 2022 Results on Feb 16, 2023

Executive VP & COO recently sold €1.3m worth of stock

Reliance Steel & Aluminum Co., Annual General Meeting, May 17, 2023

Upcoming dividend of US$0.88 per share

Third quarter 2022 earnings released: EPS: US$6.55 (vs US$6.25 in 3Q 2021)

Reliance Steel & Aluminum Co. Declares Quarterly Cash Dividend, Payable on December 2, 2022

Reliance Steel & Aluminum Co. to Report Q3, 2022 Results on Oct 27, 2022

Reliance Steel & Aluminum Co Announces Executive Changes

Senior VP recently sold €551k worth of stock

Upcoming dividend of US$0.88 per share

Second quarter 2022 earnings released: EPS: US$9.29 (vs US$5.17 in 2Q 2021)

Reliance Steel & Aluminum Co. to Report Q2, 2022 Results on Jul 28, 2022

Reliance Steel & Aluminum Co. Announces Management Changes

Upcoming dividend of US$0.88 per share

Senior Vice President of Operations recently sold €1.9m worth of stock

First quarter 2022 earnings released: EPS: US$8.46 (vs US$4.19 in 1Q 2021)

High number of new directors

Reliance Steel & Aluminum Co. to Report Q1, 2022 Results on Apr 28, 2022

Upcoming dividend of US$0.88 per share

Senior VP recently sold €2.7m worth of stock

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Reliance Steel & Aluminum Co. Declares Quarterly Cash Dividend, Payable on March 25, 2022

Reliance Steel & Aluminum Co. to Report Q4, 2021 Results on Feb 17, 2022

Reliance Steel & Aluminum Co., Annual General Meeting, May 18, 2022

Reliance Steel & Aluminum Co. (NYSE:RS) acquired Admiral Metals Servicenter Company, Incorporated

Reliance Steel & Aluminum Co. (NYSE:RS) acquired Nu-Tech Precision Metals Inc

President & Director recently sold €1.2m worth of stock

Senior VP recently sold €798k worth of stock

Upcoming dividend of US$0.69 per share

High number of new directors

Third quarter 2021 earnings released: EPS US$6.25 (vs US$1.53 in 3Q 2020)

Reliance Steel & Aluminum Co. (NYSE:RS) entered into an agreement to acquire Merfish United from OEP Capital Advisors, L.P.

Upcoming dividend of US$0.69 per share

Second quarter 2021 earnings released: EPS US$5.17 (vs US$1.26 in 2Q 2020)

Director has left the company

Upcoming dividend of US$0.69 per share

First quarter 2021 earnings released: EPS US$4.19 (vs US$0.93 in 1Q 2020)

Senior VP recently sold €897k worth of stock