Saga Communications Management
Management criteria checks 1/4
Saga Communications' CEO is Chris Forgy, appointed in Dec 2022, has a tenure of 1.92 years. total yearly compensation is $1.75M, comprised of 38.3% salary and 61.7% bonuses, including company stock and options. directly owns 0.79% of the company’s shares, worth €611.94K. The average tenure of the management team and the board of directors is 1.9 years and 6.5 years respectively.
Key information
Chris Forgy
Chief executive officer
US$1.8m
Total compensation
| CEO salary percentage | 38.3% |
| CEO tenure | 1.9yrs |
| CEO ownership | 0.8% |
| Management average tenure | 1.9yrs |
| Board average tenure | 6.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$5m |
| Jun 30 2024 | n/a | n/a | US$6m |
| Mar 31 2024 | n/a | n/a | US$7m |
| Dec 31 2023 | US$2m | US$672k | US$9m |
| Sep 30 2023 | n/a | n/a | US$11m |
| Jun 30 2023 | n/a | n/a | US$8m |
| Mar 31 2023 | n/a | n/a | US$9m |
| Dec 31 2022 | US$640k | US$326k | US$9m |
| Sep 30 2022 | n/a | n/a | US$8m |
| Jun 30 2022 | n/a | n/a | US$12m |
| Mar 31 2022 | n/a | n/a | US$11m |
| Dec 31 2021 | US$464k | US$288k | US$11m |
| Sep 30 2021 | n/a | n/a | US$10m |
| Jun 30 2021 | n/a | n/a | US$5m |
| Mar 31 2021 | n/a | n/a | -US$3m |
| Dec 31 2020 | US$338k | US$285k | -US$2m |
| Sep 30 2020 | n/a | n/a | -US$373k |
| Jun 30 2020 | n/a | n/a | US$4m |
| Mar 31 2020 | n/a | n/a | US$13m |
| Dec 31 2019 | US$424k | US$285k | US$13m |
| Sep 30 2019 | n/a | n/a | US$13m |
| Jun 30 2019 | n/a | n/a | US$14m |
| Mar 31 2019 | n/a | n/a | US$13m |
| Dec 31 2018 | US$436k | US$263k | US$13m |
Compensation vs Market: Chris's total compensation ($USD1.75M) is above average for companies of similar size in the German market ($USD474.54K).
Compensation vs Earnings: Chris's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Chris Forgy (63 yo)
1.9yrs
Tenure
US$1,751,842
Compensation
Mr. Christopher S. Forgy also known as Chris, served as Senior Vice President of Operations at Saga Communications, Inc., May 24, 2018 until December 07, 2022 and serves as its Chief Executive Officer, Pre...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 1.9yrs | US$1.75m | 0.79% € 611.9k | |
| Executive VP | 27.2yrs | US$740.46k | 0.77% € 592.5k | |
| Chief Operating Officer | 1.8yrs | US$532.18k | 0.25% € 191.0k | |
| Senior VP of Finance | 33.2yrs | US$465.36k | 0.43% € 333.3k | |
| Chief Technology Officer | no data | no data | no data | |
| Chief Marketing Officer | 1.8yrs | no data | no data | |
| Vice President of Human Resources | 2.8yrs | no data | no data | |
| Senior Vice President of Content | 1.3yrs | no data | no data | |
| VP & Corporate Secretary | 1.8yrs | no data | no data |
1.9yrs
Average Tenure
63.5yo
Average Age
Experienced Management: SGHB's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 1.9yrs | US$1.75m | 0.79% € 611.9k | |
| Independent Director | 11.4yrs | US$140.14k | 0.13% € 102.8k | |
| Independent Chairman | 6.5yrs | US$140.35k | 0.41% € 318.7k | |
| Director | 3.2yrs | US$166.08k | 0.33% € 252.7k | |
| Independent Director | 10.9yrs | US$141.37k | 0.14% € 105.7k | |
| Independent Director | 20.3yrs | US$136.60k | 0.17% € 127.4k | |
| Independent Director | 1.5yrs | US$77.60k | 0.024% € 18.6k |
6.5yrs
Average Tenure
75yo
Average Age
Experienced Board: SGHB's board of directors are considered experienced (6.5 years average tenure).