Monro Management
Management criteria checks 4/4
Monro's CEO is Mike Broderick, appointed in Apr 2021, has a tenure of 3.58 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 €2.29M. The average tenure of the management team and the board of directors is 2.8 years and 7.3 years respectively.
Key information
Mike Broderick
Chief executive officer
US$1.7m
Total compensation
| CEO salary percentage | 46.8% |
| CEO tenure | 3.6yrs |
| CEO ownership | 0.3% |
| Management average tenure | 2.8yrs |
| Board average tenure | 7.3yrs |
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 ($USD1.44M).
Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.
CEO
Mike Broderick (56 yo)
3.6yrs
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 | 3.6yrs | US$1.65m | 0.28% € 2.3m | |
| Executive VP of Finance | 7.8yrs | US$1.19m | 0.057% € 463.2k | |
| Senior VP & Chief Information Officer | 2yrs | US$545.65k | 0.017% € 139.3k | |
| Executive VP | 21.1yrs | US$982.57k | 0.017% € 141.3k | |
| Vice President of Finance & Operations | less than a year | no data | 0.0051% € 41.1k | |
| Vice President of Marketing | no data | no data | no data | |
| Vice President of Human Resources | less than a year | no data | no data |
2.8yrs
Average Tenure
54yo
Average Age
Experienced Management: MR2's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.8yrs | US$1.65m | 0.28% € 2.3m | |
| Independent Director | 11.3yrs | US$285.23k | 0.079% € 637.4k | |
| Independent Director | 40.3yrs | US$208.48k | 0.59% € 4.7m | |
| Independent Chairman | 14.6yrs | US$299.73k | 0.13% € 1.0m | |
| Independent Director | 4.3yrs | US$221.35k | 0.051% € 412.6k | |
| Independent Director | 1.8yrs | US$1.00k | 0.029% € 234.4k | |
| Independent Director | less than a year | no data | 0.016% € 133.2k | |
| Independent Director | 7.3yrs | US$185.99k | 0.056% € 451.3k | |
| Independent Director | 7.3yrs | US$235.48k | 0.075% € 605.1k |
7.3yrs
Average Tenure
61yo
Average Age
Experienced Board: MR2's board of directors are considered experienced (7.3 years average tenure).