Lee Enterprises Management

Management criteria checks 3/4

Lee Enterprises' CEO is Kevin Mowbray, appointed in Feb 2016, has a tenure of 8.17 years. total yearly compensation is $1.33M, comprised of 61.4% salary and 38.6% bonuses, including company stock and options. directly owns 2.18% of the company’s shares, worth €1.59M. The average tenure of the management team and the board of directors is 8.2 years and 6.5 years respectively.

Key information

Kevin Mowbray

Chief executive officer

US$1.3m

Total compensation

CEO salary percentage	61.4%
CEO tenure	8.2yrs
CEO ownership	2.2%
Management average tenure	8.2yrs
Board average tenure	6.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Kevin Mowbray's remuneration changed compared to Lee Enterprises's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 24 2023	n/a	n/a	-US$6m
Sep 24 2023	US$1m	US$813k	-US$5m
Jun 25 2023	n/a	n/a	-US$10m
Mar 26 2023	n/a	n/a	-US$12m
Dec 25 2022	n/a	n/a	-US$14m
Sep 25 2022	US$2m	US$900k	-US$2m
Jun 26 2022	n/a	n/a	US$10m
Mar 27 2022	n/a	n/a	US$13m
Dec 26 2021	n/a	n/a	US$20m
Sep 26 2021	US$2m	US$900k	US$23m
Jun 27 2021	n/a	n/a	US$16m
Mar 28 2021	n/a	n/a	US$12m
Dec 27 2020	n/a	n/a	US$7m
Sep 27 2020	US$1m	US$838k	-US$2m
Jun 28 2020	n/a	n/a	-US$501k
Mar 29 2020	n/a	n/a	US$7m
Dec 29 2019	n/a	n/a	US$9m
Sep 29 2019	US$2m	US$875k	US$14m
Jun 30 2019	n/a	n/a	US$18m
Mar 31 2019	n/a	n/a	US$16m
Dec 30 2018	n/a	n/a	US$21m
Sep 30 2018	US$1m	US$788k	US$46m
Jun 24 2018	n/a	n/a	US$45m
Mar 25 2018	n/a	n/a	US$46m
Dec 24 2017	n/a	n/a	US$50m
Sep 24 2017	US$2m	US$738k	US$27m

Compensation vs Market: Kevin's total compensation ($USD1.33M) is above average for companies of similar size in the German market ($USD401.52K).

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

CEO

Kevin Mowbray (61 yo)

8.2yrs

Tenure

US$1,325,451

Compensation

Mr. Kevin D. Mowbray is a Director, President and Chief Executive Officer of Lee Enterprises, Incorporated (“Lee”) since February 17, 2016. Prior to his election as CEO, Mr. Mowbray was Executive Vice Pres...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Kevin Mowbray	President	8.2yrs	US$1.33m	2.18% $ 1.6m
Timothy Millage	VP, CFO & Treasurer	6yrs	US$681.97k	0.61% $ 447.5k
Nathan Bekke	Operating VP & VP of Audience Strategy	9.2yrs	US$662.80k	0.62% $ 453.9k
Michele White	VP of IT & Chief Information Officer	12.8yrs	no data	no data
Astrid Garcia	Vice President of Human Resources & Legal and Chief Legal Officer	10.3yrs	no data	0.36% $ 265.9k
Charles Arms	Corporate Communications Manager	9.2yrs	no data	no data
Joseph Battistoni	Vice President?of Sales & Marketing	3.4yrs	no data	0.32% $ 236.4k
Eric Mayberry	President of North Carolina Media Group & VP of Sales for Carolina Region	3.2yrs	no data	no data
Joshua Trust	President & Publisher River Valley Media Group	no data	no data	no data
Cynthia Herndon	VP of Finance	no data	no data	no data
Theodore Olt	Secretary & General Counsel	less than a year	no data	no data
Jared Marks	Senior Director of FP&A	no data	no data	no data

8.2yrs

Average Tenure

54yo

Average Age

Experienced Management: LE70's management team is seasoned and experienced (8.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Kevin Mowbray	President	8.2yrs	US$1.33m	2.18% $ 1.6m
Mary Junck	Independent Chairman of the Board	25.2yrs	US$430.00k	3.31% $ 2.4m
Herbert Moloney	Independent Lead Director	23.3yrs	US$195.00k	0.41% $ 303.3k
David Pearson	Independent Director	4.2yrs	US$160.00k	0.23% $ 171.4k
Steven Fletcher	Independent Director	4.2yrs	US$172.50k	0.28% $ 205.9k
Shaun McAlmont	Independent Director	1.9yrs	US$160.00k	0.15% $ 112.1k
Brent Magid	Independent Director	13.6yrs	US$172.50k	0.36% $ 263.6k
Margaret Liberman	Independent Director	4.8yrs	US$160.00k	0.22% $ 158.3k

6.5yrs

Average Tenure

57yo

Average Age

Experienced Board: LE70's board of directors are considered experienced (6.5 years average tenure).

Lee Enterprises Management

Management criteria checks 3/4

Key information

Recent management updates

Lee Enterprises, Incorporated, Annual General Meeting, Feb 22, 2024

Lee Enterprises, Incorporated Announces Management Changes

Insufficient new directors

Insider recently bought €856k worth of stock

Lee Enterprises Elects Dr. Shaun McAlmont to Board of Directors

Lee Enterprises, Incorporated Announces Executive Changes

Recent updates

Lee Enterprises, Incorporated to Report Q2, 2024 Results on May 02, 2024

First quarter 2024 earnings released: EPS: US$0.12 (vs US$0.19 in 1Q 2023)

Lee Enterprises, Incorporated Provides Earnings Guidance for the Fiscal Year 2024

Lee Enterprises, Incorporated to Report Q1, 2024 Results on Feb 01, 2024

Lee Enterprises, Incorporated, Annual General Meeting, Feb 22, 2024

Full year 2023 earnings released: US$0.90 loss per share (vs US$0.35 loss in FY 2022)

Lee Enterprises, Incorporated Provides Earnings Guidance for the Fiscal Year 2024

Lee Enterprises, Incorporated Announces Management Changes

Lee Enterprises, Incorporated to Report Q4, 2023 Results on Dec 07, 2023

Wick Communications Company signed an agreement to acquire Arizona Daily Sun from Lee Enterprises, Incorporated (NasdaqGS:LEE).

Lee Enterprises, Incorporated Provides Earnings Guidance for the Fiscal Year 2023

Third quarter 2023 earnings released: EPS: US$0.26 (vs US$0.046 loss in 3Q 2022)

Lee Enterprises, Incorporated to Report Q3, 2023 Results on Aug 03, 2023

Insufficient new directors

Lee Enterprises, Incorporated Provides Earnings Guidance for the Fiscal Year 2023

Lee Enterprises Receives A Notification Letter from Nasdaq Due to Delay in Filing Its Quarterly Report on from 10-Q for the Quarter Ended December 25, 2022

Lee Enterprises Receives A Notification Letter from Nasdaq Due to Delay in Filing Its Quarterly Report on from 10-Q for the Quarter Ended December 25, 2023

Lee Enterprises, Incorporated announced delayed 10-Q filing

Lee Enterprises Receives Notification from Nasdaq Related to Delayed Annual Report on Form 10-K

Lee Enterprises Receives Notification from Nasdaq Related to Delayed Annual Report on Form 10-K

Lee Enterprises, Incorporated announced delayed annual 10-K filing

Full year 2022 earnings released: US$0.21 loss per share (vs US$3.99 profit in FY 2021)

Lee Enterprises, Incorporated Provides Revenue Guidance for Fiscal Year 2023

Lee Enterprises, Incorporated to Report Q4, 2022 Results on Dec 08, 2022

Insider recently bought €856k worth of stock

Third quarter 2022 earnings released: US$0.05 loss per share (vs US$0.56 profit in 3Q 2021)

Lee Enterprises, Incorporated Provides Earnings Guidance for the Fourth Quarter of 2022

Lee Enterprises, Incorporated to Report Q3, 2022 Results on Aug 04, 2022

Lee Enterprises Elects Dr. Shaun McAlmont to Board of Directors

Second quarter 2022 earnings released: US$1.26 loss per share (vs US$0.20 loss in 2Q 2021)

STL Pinch Hits Delivers Exclusive Coverage of the St. Louis Cardinals and Expands Lee Enterprises, Incorporated’s Portfolio of Innovative Digital Sports Products

Lee Enterprises, Incorporated Comments on Favorable Ruling from Delaware Court of Chancery

Alden Global Posts Materials to its Website

Alden Global Provides Information to the Shareholders

Alden Global Sends Letter to Shareholders of Lee Enterprises

Alden Global Capital Announces of Filing Proxy Materials to Commence a Vote No Campaign Against Lee Enterprises

Alden Global Capital Issued a Statement Regarding Lee Enterprises

Strategic Investment Opportunities Threatens Legal Actions

Alden Global Capital LLC cancelled the acquisition of the remaining 93.7% stake in Lee Enterprises, Incorporated (NasdaqGS:LEE) from shareholders.

Praetorian Capital Sends Letter to Lee Enterprises

Lee Enterprises Provides Information to Shareholders

Investor sentiment improved over the past week

Cannell Capital Urges Board and Management Revamp at Lee Enterprises

Third quarter 2021 earnings released: EPS US$0.56 (vs US$0.23 loss in 3Q 2020)

Investor sentiment deteriorated over the past week

Second quarter 2021 earnings released: US$0.20 loss per share (vs US$0.95 loss in 2Q 2020)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Independent Director has left the company

Lee Enterprises, Incorporated Announces Executive Changes

Lee Enterprises, Incorporated Launches Feast and Field, New Food-Focused Digital Magazine

New 90-day high: €1.89

Investor sentiment improved over the past week

First quarter 2021 earnings released: EPS US$0.28 (vs US$0.095 in 1Q 2020)

New 90-day high: €1.32

Lee Enterprises, Incorporated Appoints Matthew Tranquill as General Manager and Advertising Director

Lee Enterprises, Incorporated to Report Q1, 2021 Results on Feb 04, 2021

Lee Enterprises, Incorporated, Annual General Meeting, Feb 25, 2021

Insider recently bought €626k worth of stock

New 90-day high: €1.00

Full year 2020 earnings released: US$0.05 loss per share

New 90-day high: €0.94

New 90-day high: €0.84

New 90-day low: €0.68

New 90-day low - €0.69

Third quarter earnings released

Lee Enterprises, Incorporated(NYSE:LEE) dropped from Russell 2000 Dynamic Index

CEO Compensation Analysis