Monro Management
Management criteria checks 4/4
Monro's CEO is Mike Broderick, appointed in Apr 2021, has a tenure of 3.75 years. total yearly compensation is $1.65M, comprised of 46.8% salary and 53.2% bonuses, including company stock and options. directly owns 0.28% of the company’s shares, worth €1.84M. The average tenure of the management team and the board of directors is 3 years and 7.4 years respectively.
Key information
Mike Broderick
Chief executive officer
US$1.7m
Total compensation
| CEO salary percentage | 46.8% |
| CEO tenure | 3.8yrs |
| CEO ownership | 0.3% |
| Management average tenure | 3yrs |
| Board average tenure | 7.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 28 2024 | n/a | n/a | US$26m |
| Jun 29 2024 | n/a | n/a | US$33m |
| Mar 30 2024 | US$2m | US$773k | US$36m |
| Dec 23 2023 | n/a | n/a | US$33m |
| Sep 23 2023 | n/a | n/a | US$34m |
| Jun 24 2023 | n/a | n/a | US$35m |
| Mar 25 2023 | US$2m | US$714k | US$39m |
| Dec 24 2022 | n/a | n/a | US$47m |
| Sep 24 2022 | n/a | n/a | US$50m |
| Jun 25 2022 | n/a | n/a | US$58m |
| Mar 26 2022 | US$4m | US$696k | US$61m |
Compensation vs Market: Mike's total compensation ($USD1.65M) is about average for companies of similar size in the German market ($USD1.41M).
Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.
CEO
Mike Broderick (56 yo)
3.8yrs
Tenure
US$1,652,413
Compensation
Mr. Michael T. Broderick, also known as Mike, has been President and Chief Executive Officer at Monro, Inc. since April 5, 2021. He is a Director of Monro, Inc. since 2021. Mr. Broderick was an Executive V...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.8yrs | US$1.65m | 0.28% € 1.8m | |
| Executive VP of Finance | 8yrs | US$1.19m | 0.057% € 372.3k | |
| Senior VP & Chief Information Officer | 2.2yrs | US$545.65k | 0.017% € 112.0k | |
| Executive VP | 21.3yrs | US$982.57k | 0.017% € 113.5k | |
| Vice President of Finance & Operations | less than a year | no data | 0.0051% € 33.1k | |
| Vice President of Marketing | no data | no data | no data | |
| Vice President of Human Resources | less than a year | no data | no data |
3.0yrs
Average Tenure
54yo
Average Age
Experienced Management: MR2's management team is considered experienced (3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4yrs | US$1.65m | 0.28% € 1.8m | |
| Independent Director | 11.4yrs | US$285.23k | 0.079% € 512.3k | |
| Independent Director | 40.5yrs | US$208.48k | 0.59% € 3.8m | |
| Independent Chairman | 14.8yrs | US$299.73k | 0.13% € 822.5k | |
| Independent Director | 4.4yrs | US$221.35k | 0.051% € 331.6k | |
| Independent Director | 1.9yrs | US$1.00k | 0.029% € 188.4k | |
| Independent Director | less than a year | no data | 0.016% € 107.0k | |
| Independent Director | 7.4yrs | US$185.99k | 0.056% € 362.8k | |
| Independent Director | 7.4yrs | US$235.48k | 0.075% € 486.3k |
7.4yrs
Average Tenure
61yo
Average Age
Experienced Board: MR2's board of directors are considered experienced (7.4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 13:43 |
| End of Day Share Price | 2025/01/10 00:00 |
| Earnings | 2024/09/28 |
| Annual Earnings | 2024/03/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Monro, Inc. is covered by 24 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Bret Jordan | Avondale Partners |
| Jonathan Lamers | BMO Capital Markets Equity Research |
| Ali-Ahmad Faghri | CRT Capital Group |