Weyco Group Management
Management criteria checks 3/4
Weyco Group's CEO is Tom Florsheim, appointed in Jan 1999, has a tenure of 25.83 years. total yearly compensation is $1.38M, comprised of 54.5% salary and 45.5% bonuses, including company stock and options. directly owns 12.91% of the company’s shares, worth €42.44M. The average tenure of the management team and the board of directors is 9.8 years and 28.8 years respectively.
Key information
Tom Florsheim
Chief executive officer
US$1.4m
Total compensation
| CEO salary percentage | 54.5% |
| CEO tenure | 25.8yrs |
| CEO ownership | 12.9% |
| Management average tenure | 9.8yrs |
| Board average tenure | 28.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$29m |
| Jun 30 2024 | n/a | n/a | US$30m |
| Mar 31 2024 | n/a | n/a | US$29m |
| Dec 31 2023 | US$1m | US$753k | US$30m |
| Sep 30 2023 | n/a | n/a | US$32m |
| Jun 30 2023 | n/a | n/a | US$33m |
| Mar 31 2023 | n/a | n/a | US$33m |
| Dec 31 2022 | US$1m | US$731k | US$30m |
| Sep 30 2022 | n/a | n/a | US$30m |
| Jun 30 2022 | n/a | n/a | US$24m |
| Mar 31 2022 | n/a | n/a | US$23m |
| Dec 31 2021 | US$1m | US$710k | US$21m |
| Sep 30 2021 | n/a | n/a | US$15m |
| Jun 30 2021 | n/a | n/a | US$4m |
| Mar 31 2021 | n/a | n/a | -US$8m |
| Dec 31 2020 | US$744k | US$656k | -US$8m |
| Sep 30 2020 | n/a | n/a | -US$5m |
| Jun 30 2020 | n/a | n/a | US$8m |
| Mar 31 2020 | n/a | n/a | US$18m |
| Dec 31 2019 | US$1m | US$679k | US$21m |
| Sep 30 2019 | n/a | n/a | US$22m |
| Jun 30 2019 | n/a | n/a | US$21m |
| Mar 31 2019 | n/a | n/a | US$21m |
| Dec 31 2018 | US$1m | US$659k | US$20m |
| Sep 30 2018 | n/a | n/a | US$19m |
| Jun 30 2018 | n/a | n/a | US$18m |
| Mar 31 2018 | n/a | n/a | US$17m |
| Dec 31 2017 | US$2m | US$640k | US$16m |
Compensation vs Market: Tom's total compensation ($USD1.38M) is above average for companies of similar size in the German market ($USD1.03M).
Compensation vs Earnings: Tom's compensation has been consistent with company performance over the past year.
CEO
Tom Florsheim (66 yo)
25.8yrs
Tenure
US$1,382,943
Compensation
Mr. Thomas W. Florsheim, Jr. also known as "Tom", has been the Chief Executive Officer at Weyco Group, Inc. since 1999 and is its Chairman of the Board since 2002. Mr. Florsheim has been working with Weyco...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 25.8yrs | US$1.38m | 12.91% € 42.4m | |
| President | 25.8yrs | US$1.31m | 11.95% € 39.3m | |
| VP & President of Stacy Adams Brand | 22.8yrs | US$636.72k | 0.36% € 1.2m | |
| VP, CFO & Secretary | 2.5yrs | no data | 0.14% € 455.0k | |
| Director of Finance & Principal Accounting Officer | 2.5yrs | no data | 0.024% € 79.5k | |
| Vice President of Marketing | 9.8yrs | no data | 0.072% € 237.6k | |
| Vice President of Human Resources | 7.5yrs | no data | no data | |
| VP & President of Florsheim Brand | 14yrs | US$596.32k | 0.29% € 957.0k | |
| VP and President of BOGS & Rafters Brands | 9.8yrs | no data | 0.029% € 93.8k | |
| VP & President of Weyco Canada | 2.8yrs | no data | 0.064% € 211.0k | |
| VP & President of Nunn Bush Brand | 3.8yrs | no data | 0.093% € 305.1k | |
| VP & President of Florsheim Australia | no data | no data | 0.064% € 209.4k |
9.8yrs
Average Tenure
50yo
Average Age
Experienced Management: WY1's management team is seasoned and experienced (9.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 28.8yrs | US$1.38m | 12.91% € 42.4m | |
| President | 28.8yrs | US$1.31m | 11.95% € 39.3m | |
| Independent Director | 48.8yrs | US$85.00k | 1.66% € 5.5m | |
| Chairman Emeritus | 60.8yrs | US$99.40k | 6.7% € 22.0m | |
| Independent Director | 60.8yrs | US$85.00k | 2.47% € 8.1m | |
| Independent Director | 19.6yrs | US$85.00k | 0.14% € 464.5k | |
| Independent Director | 17.8yrs | US$85.00k | 0.17% € 560.7k |
28.8yrs
Average Tenure
66yo
Average Age
Experienced Board: WY1's board of directors are seasoned and experienced ( 28.8 years average tenure).