Radius Recycling Management

Management criteria checks 3/4

Radius Recycling's CEO is Tamara Lundgren, appointed in Dec 2008, has a tenure of 15.33 years. total yearly compensation is $5.01M, comprised of 24% salary and 76% bonuses, including company stock and options. directly owns 3.61% of the company’s shares, worth €16.88M. The average tenure of the management team and the board of directors is 2.8 years and 6.5 years respectively.

Key information

Tamara Lundgren

Chief executive officer

US$5.0m

Total compensation

CEO salary percentage	24.0%
CEO tenure	15.3yrs
CEO ownership	3.6%
Management average tenure	2.8yrs
Board average tenure	6.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Tamara Lundgren's remuneration changed compared to Radius Recycling's earnings?
Date	Total Compensation	Salary	Company Earnings
Feb 29 2024	n/a	n/a	-US$64m
Nov 30 2023	n/a	n/a	-US$26m
Aug 31 2023	US$5m	US$1m	-US$26m
May 31 2023	n/a	n/a	US$10m
Feb 28 2023	n/a	n/a	US$71m
Nov 30 2022	n/a	n/a	US$105m
Aug 31 2022	US$7m	US$1m	US$169m
May 31 2022	n/a	n/a	US$201m
Feb 28 2022	n/a	n/a	US$190m
Nov 30 2021	n/a	n/a	US$197m
Aug 31 2021	US$10m	US$1m	US$165m
May 31 2021	n/a	n/a	US$126m
Feb 28 2021	n/a	n/a	US$58m
Nov 30 2020	n/a	n/a	US$17m
Aug 31 2020	US$7m	US$1m	-US$4m
May 31 2020	n/a	n/a	US$4m
Feb 29 2020	n/a	n/a	US$24m
Nov 30 2019	n/a	n/a	US$33m
Aug 31 2019	US$6m	US$1m	US$57m
May 31 2019	n/a	n/a	US$104m
Feb 28 2019	n/a	n/a	US$126m
Nov 30 2018	n/a	n/a	US$154m
Aug 31 2018	US$9m	US$1m	US$156m
May 31 2018	n/a	n/a	US$115m
Feb 28 2018	n/a	n/a	US$94m
Nov 30 2017	n/a	n/a	US$65m
Aug 31 2017	US$9m	US$1m	US$45m

Compensation vs Market: Tamara's total compensation ($USD5.01M) is above average for companies of similar size in the German market ($USD1.02M).

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

CEO

Tamara Lundgren (65 yo)

15.3yrs

Tenure

US$5,009,099

Compensation

Ms. Tamara L. Lundgren, J.D. has been the President, Chief Executive Officer and Director of Radius Recycling, Inc. (formerly known as Schnitzer Steel Industries, Inc.) since December 1, 2008 and has been...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Tamara Lundgren	Chairman	15.3yrs	US$5.01m	3.61% $ 16.9m
Stefano Gaggini	Senior VP	1.6yrs	US$1.12m	0.15% $ 722.6k
James Vaughn	Senior VP	1.6yrs	US$1.38m	0.0020% $ 9.5k
Richard Peach	Executive VP & Chief Strategy Officer	1.6yrs	US$1.91m	0.72% $ 3.4m
Michael Henderson	Consultant	less than a year	US$1.56m	0.32% $ 1.5m
Steven Heiskell	Senior VP and President of Products & Services	9.3yrs	US$1.48m	0.37% $ 1.7m
Brian Souza	Senior VP	no data	no data	0.067% $ 313.3k
Michael Bennett	Vice President of Investor Relations	no data	no data	no data
Robert Stone	Vice President of Corporate Development	7.7yrs	no data	no data
Erich Wilson	Senior VP	4.1yrs	no data	0.13% $ 588.1k

2.8yrs

Average Tenure

54yo

Average Age

Experienced Management: SS1A's management team is considered experienced (2.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Tamara Lundgren	Chairman	15.3yrs	US$5.01m	3.61% $ 16.9m
Michael Sutherlin	Independent Director	9yrs	US$229.98k	0% $ 0
Glenda Minor	Independent Director	3.4yrs	US$233.97k	0% $ 0
Leslie Shoemaker	Independent Director	2yrs	US$214.98k	0% $ 0
Rhonda Hunter	Independent Director	6.5yrs	US$230.81k	0% $ 0
David Jahnke	Lead Independent Director	11.3yrs	US$243.94k	0% $ 0
Gregory Friedman	Independent Director	1.4yrs	US$231.29k	0% $ 0

6.5yrs

Average Tenure

66yo

Average Age

Experienced Board: SS1A's board of directors are considered experienced (6.5 years average tenure).

Radius Recycling Management

Management criteria checks 3/4

Key information

Recent management updates

Radius Recycling, Inc. Elects Stefano R. Gaggini as Interim Chief Accounting Officer

Schnitzer Steel Industries, Inc., Annual General Meeting, Jan 30, 2024

Schnitzer Steel Industries, Inc. Announces the Resignation of Mark Schuessler as Vice President and Chief Accounting Officer, Effective January 31, 2024

Senior VP & CFO recently sold €168k worth of stock

Schnitzer Steel Industries, Inc., Annual General Meeting, Jan 25, 2023

Schnitzer Steel Industries, Inc. Appoints Gregory R. Friedman to Its Board of Directors

Recent updates

Second quarter dividend of US$0.19 announced

New major risk - Financial position

Second quarter 2024 earnings released: US$1.19 loss per share (vs US$0.15 profit in 2Q 2023)

Radius Recycling, Inc. Declares Cash Dividend, Payable on May 6, 2024

Radius Recycling, Inc. Provides Earnings Guidance for Second Quarter of Fiscal 2024

Radius Recycling, Inc. Elects Stefano R. Gaggini as Interim Chief Accounting Officer

Upcoming dividend of US$0.19 per share at 2.8% yield

First quarter 2024 earnings released: US$0.64 loss per share (vs US$0.64 loss in 1Q 2023)

Schnitzer Steel Industries, Inc. to Report Q1, 2024 Results on Jan 04, 2024

Schnitzer Steel Industries, Inc., Annual General Meeting, Jan 30, 2024

Schnitzer Steel Industries, Inc. Announces the Resignation of Mark Schuessler as Vice President and Chief Accounting Officer, Effective January 31, 2024

Senior VP & CFO recently sold €168k worth of stock

Upcoming dividend of US$0.19 per share at 3.1% yield

Full year 2023 earnings released: US$0.92 loss per share (vs US$6.01 profit in FY 2022)

Schnitzer Steel Industries, Inc. Announces Declaration of Quarterly Dividend, Payable on November 27, 2023

New minor risk - Shareholder dilution

Schnitzer Steel Industries, Inc. to Report Q4, 2023 Results on Oct 25, 2023

Upcoming dividend of US$0.19 per share at 2.7% yield

New minor risk - Dividend sustainability

Schnitzer Steel Industries, Inc. Declares Cash Dividend, Payable on July 31, 2023

Third quarter 2023 earnings released: EPS: US$0.49 (vs US$2.65 in 3Q 2022)

Schnitzer Steel Industries, Inc.(NasdaqGS:SCHN) dropped from Russell 2000 Growth Index

Schnitzer Steel Industries, Inc. to Report Q3, 2023 Results on Jun 27, 2023

Now 20% undervalued after recent price drop

Upcoming dividend of US$0.19 per share at 2.3% yield

Second quarter 2023 earnings released: EPS: US$0.15 (vs US$1.33 in 2Q 2022)

Investor sentiment deteriorates as stock falls 19%

Upcoming dividend of US$0.19 per share

First quarter 2023 earnings released: US$0.64 loss per share (vs US$1.64 profit in 1Q 2022)

Schnitzer Steel Industries, Inc. (NasdaqGS:SCHN) acquired Operating Assets of ScrapSource, LLC for $25 million.

Schnitzer Steel Industries, Inc. to Report Q1, 2023 Results on Jan 05, 2023

Schnitzer Steel Industries, Inc. to Report Q1, 2023 Results on Jan 25, 2023

Schnitzer Steel Industries, Inc., Annual General Meeting, Jan 25, 2023

Schnitzer Steel Industries, Inc. Appoints Gregory R. Friedman to Its Board of Directors

Senior VP & President of Operations recently sold €454k worth of stock

Upcoming dividend of US$0.19 per share

Full year 2022 earnings released: EPS: US$6.01 (vs US$5.90 in FY 2021)

Schnitzer Steel Industries, Inc. Declares Quarterly Cash Dividend Payable November 29, 2022

Schnitzer Steel Industries, Inc. Provides Preliminary Earnings Guidance for the Fourth Quarter and Fiscal Year Ended August 31, 2022

Schnitzer Steel Industries, Inc. to Report Q4, 2022 Results on Oct 24, 2022

Schnitzer Steel Industries, Inc. Appoints Stefano Gaggini as Chief Financial Officer

Lead Independent Director recently bought €61k worth of stock

Third quarter 2022 earnings released: EPS: US$2.70 (vs US$2.27 in 3Q 2021)

Schnitzer Steel Industries, Inc. Declares Quarterly Cash Dividend, Payable July 25, 2022

Schnitzer Steel Industries, Inc. to Report Q3, 2022 Results on Jun 29, 2022

Investor sentiment deteriorated over the past week

Schnitzer Steel Industries, Inc. (NasdaqGS:SCHN) acquired Operating Assets of Encore Recycling LLC.

Schnitzer Steel Industries, Inc. Appoints Leslie Shoemaker to Its Board of Directors

Schnitzer Steel Industries, Inc. Declares Cash Dividend of $0.1875 Per Common Share, Payable May 2, 2022

Schnitzer Steel Industries Announces Board Appointments

Upcoming dividend of US$0.19 per share

First quarter 2022 earnings: EPS in line with expectations, revenues disappoint

Insufficient new directors

Schnitzer Steel Industries, Inc. (NasdaqGS:SCHN) entered into a definitive agreement to acquire Assets of Columbus Recycling Corporation.

Third quarter 2021 earnings released: EPS US$2.27 (vs US$0.18 loss in 3Q 2020)

Executive VP recently sold €732k worth of stock

Investor sentiment improved over the past week

Second quarter 2021 earnings released: EPS US$1.59 (vs US$0.14 in 2Q 2020)

Schnitzer Steel Industries, Inc. Announces Sales Guidance for Third Quarter 2021

Schnitzer Steel Industries, Inc. to Report Q2, 2021 Results on Apr 07, 2021

Investor sentiment improved over the past week

New 90-day high: €32.60

Schnitzer Steel Industries, Inc. Announces Retirment of Jeffrey Dyck

Chairman Emeritus John Carter has left the company

First quarter 2021 earnings released: EPS US$0.52

New 90-day high: €25.60

Schnitzer Steel Industries, Inc., Annual General Meeting, Jan 26, 2021

Schnitzer Steel Industries, Inc. to Report Q1, 2021 Results on Jan 07, 2021

New 90-day high: €23.00