Valvoline Management
Management criteria checks 3/4
Valvoline's CEO is Lori Flees, appointed in Oct 2023, has a tenure of 1.08 years. total yearly compensation is $2.36M, comprised of 29.6% salary and 70.4% bonuses, including company stock and options. directly owns 0.028% of the company’s shares, worth €1.35M. The average tenure of the management team and the board of directors is 1.8 years and 5.9 years respectively.
Key information
Lori Flees
Chief executive officer
US$2.4m
Total compensation
| CEO salary percentage | 29.6% |
| CEO tenure | 1.1yrs |
| CEO ownership | 0.03% |
| Management average tenure | 1.8yrs |
| Board average tenure | 5.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$215m |
| Jun 30 2024 | n/a | n/a | US$200m |
| Mar 31 2024 | n/a | n/a | US$217m |
| Dec 31 2023 | n/a | n/a | US$206m |
| Sep 30 2023 | US$2m | US$700k | US$199m |
| Jun 30 2023 | n/a | n/a | US$137m |
| Mar 31 2023 | n/a | n/a | US$112m |
| Dec 31 2022 | n/a | n/a | US$102m |
| Sep 30 2022 | US$2m | US$310k | US$109m |
Compensation vs Market: Lori's total compensation ($USD2.36M) is below average for companies of similar size in the German market ($USD3.48M).
Compensation vs Earnings: Lori's compensation has been consistent with company performance over the past year.
CEO
Lori Flees (54 yo)
1.1yrs
Tenure
US$2,363,609
Compensation
Ms. Lori A. Flees serves as President at Valvoline Inc. from October 2023 and serves as its CEO & Director from October 1, 2023. She served as the President of Retail Services at Valvoline Inc. since April...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 1.1yrs | US$2.36m | 0.028% € 1.4m | |
| Chief Financial Officer | 8.4yrs | US$2.05m | 0.12% € 5.9m | |
| Senior VP | 8.2yrs | US$1.20m | 0.018% € 889.9k | |
| Senior VP & COO | 1.1yrs | no data | 0.0067% € 324.7k | |
| VP, Chief Accounting Officer & Controller | 1.7yrs | no data | 0.0033% € 160.6k | |
| Senior VP & CTO | 1.8yrs | no data | 0.014% € 688.6k | |
| VP of Investor Relations & Chief Liaison to Investment Community | 3.8yrs | no data | no data | |
| Senior VP & Chief People Officer | 4.6yrs | no data | 0.016% € 782.4k | |
| Chief Audit Executive | no data | no data | no data | |
| Treasurer | 1.4yrs | no data | no data | |
| Investor Relations Executive | no data | no data | no data |
1.8yrs
Average Tenure
53yo
Average Age
Experienced Management: 0V4's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 1.1yrs | US$2.36m | 0.028% € 1.4m | |
| Independent Chairman of the Board | 8.2yrs | US$356.42k | 0.010% € 490.7k | |
| Independent Director | 8.2yrs | US$247.81k | 0.013% € 619.4k | |
| Independent Director | 8.2yrs | US$259.82k | 0.0077% € 374.5k | |
| Independent Director | 1.3yrs | US$97.32k | 0.0016% € 75.5k | |
| Independent Director | 4.9yrs | US$251.63k | 0% € 0 | |
| Independent Director | 8.2yrs | US$256.42k | 0.0040% € 193.1k | |
| Independent Director | 5.9yrs | US$241.42k | 0% € 0 | |
| Independent Director | 2.3yrs | US$241.42k | 0% € 0 |
5.9yrs
Average Tenure
63yo
Average Age
Experienced Board: 0V4's board of directors are considered experienced (5.9 years average tenure).