Itron Management

Management criteria checks 2/4

Itron's CEO is Tom Deitrich, appointed in Aug 2019, has a tenure of 5.25 years. total yearly compensation is $6.17M, comprised of 14.2% salary and 85.8% bonuses, including company stock and options. directly owns 0.51% of the company’s shares, worth €26.30M. The average tenure of the management team and the board of directors is 5 years and 8.9 years respectively.

Key information

Tom Deitrich

Chief executive officer

US$6.2m

Total compensation

CEO salary percentage	14.2%
CEO tenure	5.3yrs
CEO ownership	0.5%
Management average tenure	5yrs
Board average tenure	8.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Tom Deitrich's remuneration changed compared to Itron's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$225m
Jun 30 2024	n/a	n/a	US$188m
Mar 31 2024	n/a	n/a	US$160m
Dec 31 2023	US$6m	US$875k	US$97m
Sep 30 2023	n/a	n/a	US$75m
Jun 30 2023	n/a	n/a	US$39m
Mar 31 2023	n/a	n/a	-US$22m
Dec 31 2022	US$4m	US$830k	-US$10m
Sep 30 2022	n/a	n/a	-US$91m
Jun 30 2022	n/a	n/a	-US$97m
Mar 31 2022	n/a	n/a	-US$93m
Dec 31 2021	US$5m	US$800k	-US$81m
Sep 30 2021	n/a	n/a	-US$869k
Jun 30 2021	n/a	n/a	-US$24m
Mar 31 2021	n/a	n/a	-US$54m
Dec 31 2020	US$4m	US$800k	-US$58m
Sep 30 2020	n/a	n/a	-US$65m
Jun 30 2020	n/a	n/a	-US$23m
Mar 31 2020	n/a	n/a	US$60m
Dec 31 2019	US$7m	US$650k	US$49m
Sep 30 2019	n/a	n/a	US$58m
Jun 30 2019	n/a	n/a	US$61m
Mar 31 2019	n/a	n/a	US$45m
Dec 31 2018	US$3m	US$550k	-US$99m
Sep 30 2018	n/a	n/a	-US$121m
Jun 30 2018	n/a	n/a	-US$116m
Mar 31 2018	n/a	n/a	-US$104m
Dec 31 2017	US$3m	US$550k	US$57m

Compensation vs Market: Tom's total compensation ($USD6.17M) is above average for companies of similar size in the German market ($USD3.59M).

Compensation vs Earnings: Tom's compensation has increased by more than 20% in the past year.

CEO

Tom Deitrich (57 yo)

5.3yrs

Tenure

US$6,167,366

Compensation

Mr. Thomas L. Deitrich, also known as Tom, serves as the Chief Executive Officer, President and Director of Itron, Inc. since August 6, 2019. He is an Independent Director of ON Semiconductor Corporation s...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Thomas Deitrich	CEO, President & Director	5.3yrs	US$6.17m	0.51% € 26.3m
Joan Hooper	Senior VP & CFO	7.4yrs	US$2.58m	0.16% € 8.3m
Donald Reeves	Senior Vice President of Outcomes	6.2yrs	US$1.45m	0.036% € 1.8m
Justin Patrick	Senior Vice President of Device Solutions	4.8yrs	US$1.35m	0.045% € 2.3m
John Marcolini	Senior Vice President of Networked Solutions	4.3yrs	US$1.50m	0.034% € 1.8m
David Wright	VP, Corporate Controller & Chief Accounting Officer	less than a year	no data	0.0014% € 73.1k
Simon Pontin	Chief Technology Officer	13.8yrs	no data	no data
Paul Vincent	Vice President of Investor Relations	no data	no data	no data
Christopher Ware	Senior VP	2.7yrs	no data	0.034% € 1.7m
Alison Mallahan	Senior Manager of Corporate Communications	no data	no data	no data
Marina Donovan	Vice President of Global Marketing & Public Affairs	6.8yrs	no data	no data
Laurie Hahn	Senior Vice President of Human Resources	1.6yrs	no data	0.039% € 2.0m

5.0yrs

Average Tenure

55.5yo

Average Age

Experienced Management: IT6's management team is seasoned and experienced (5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Thomas Deitrich	CEO, President & Director	5.3yrs	US$6.17m	0.51% € 26.3m
Frank Jaehnert	Independent Director	9.5yrs	US$270.03k	0.014% € 732.3k
Diana Tremblay	Independent Chairman of the Board	9.5yrs	US$340.04k	0.052% € 2.7m
Lynda Ziegler	Independent Director	11.8yrs	US$271.93k	0.037% € 1.9m
Sanjay Mirchandani	Independent Director	1.3yrs	US$111.37k	0.0074% € 382.6k
Timothy Leyden	Independent Director	9.7yrs	US$264.80k	0.033% € 1.7m
Jerome Lande	Independent Director	8.9yrs	US$165.03k	0.016% € 832.7k
Santiago Perez	Independent Director	3.4yrs	US$255.03k	0.020% € 1.0m
Mary Hemmingsen	Independent Director	2.1yrs	US$288.00k	0.013% € 676.1k

8.9yrs

Average Tenure

60yo

Average Age

Experienced Board: IT6's board of directors are considered experienced (8.9 years average tenure).

Itron Management

Management criteria checks 2/4

Key information

Recent management updates

Itron, Inc., Annual General Meeting, May 09, 2024

CEO, President & Director recently sold €563k worth of stock

Itron, Inc. Appoints Sanjay Mirchandani to Board of Directors

Senior VP & CFO recently sold €57k worth of stock

Itron, Inc. Appoints Mary Hemmingsen to the Board of Directors and Member of Audit/Finance Committee

CEO, President & Director recently sold €124k worth of stock

Recent updates

Investor sentiment improves as stock rises 16%

Itron, Inc. Updates Earnings Guidance for the Full Year 2024

Third quarter 2024 earnings released: EPS: US$1.73 (vs US$0.88 in 3Q 2023)

Itron, Inc. to Report Q3, 2024 Results on Oct 31, 2024

Itron, Inc. Unveils Grid Edge Essentials Solution to Enable Unprecedented Distribution Grid Visibility

Itron, Inc. (NasdaqGS:ITRI) announces an Equity Buyback for $100 million worth of its shares.

Second quarter 2024 earnings released: EPS: US$1.12 (vs US$0.53 in 2Q 2023)

Itron, Inc. Provides Earnings Guidance for the Third Quarter of 2024

Itron, Inc. to Report Q2, 2024 Results on Aug 01, 2024

Now 21% undervalued

Investor sentiment improves as stock rises 17%

Itron, Inc. Provides Earnings Guidance for the Second Quarter of 2024

First quarter 2024 earnings released: EPS: US$1.13 (vs US$0.26 loss in 1Q 2023)

Itron Enhances Temetra Platform to Maximize Business Value for Water Utilities in Australia and New Zealand

Itron, Inc. to Report Q1, 2024 Results on May 02, 2024

Itron, Inc., Annual General Meeting, May 09, 2024

Itron, Inc. (NasdaqGS:ITRI) acquired Elpis Squared for $35 million.

Investor sentiment improves as stock rises 25%

CEO, President & Director recently sold €563k worth of stock

Full year 2023 earnings released: EPS: US$2.13 (vs US$0.22 loss in FY 2022)

Itron, Inc. Launches Cloud Computing Platform, Taking Utilities to Next Level of Meter Data Management

Itron, Inc. to Showcase Innovative Grid Edge Intelligence Portfolio at DISTRIBUTECH 2024

Itron, Inc. to Report Q4, 2023 Results on Feb 26, 2024

Itron, Inc. Revises Revenue Guidance for the Year 2023

Itron, Inc. Revises Revenue Guidance for the Year 2023

Third quarter 2023 earnings released: EPS: US$0.88 (vs US$0.091 in 3Q 2022)

Itron, Inc. to Report Q3, 2023 Results on Nov 02, 2023

Itron, Inc. Network Devices Validated by Anterix Active Ecosystem

Second quarter 2023 earnings released: EPS: US$0.53 (vs US$0.82 loss in 2Q 2022)

Itron, Inc. Appoints Sanjay Mirchandani to Board of Directors

Itron, Inc. to Report Q2, 2023 Results on Aug 03, 2023

Itron Expands Distributed Intelligence Platform with Versatile Edge Gateway to Accelerate Utility Digitalization

Itron, Inc. (NasdaqGS:ITRI) announces an Equity Buyback for $100 million worth of its shares.

Itron, Inc. Accelerates Digital Transformation of Water Utilities in Australia and New Zealand

Itron, Inc. Provides Revenue Guidance for the Second Quarter of 2023

First quarter 2023 earnings released: US$0.26 loss per share (vs US$0.02 profit in 1Q 2022)

Full year 2022 earnings released: US$0.22 loss per share (vs US$1.83 loss in FY 2021)

Senior VP & CFO recently sold €57k worth of stock

Itron, Inc. to Report Q4, 2022 Results on Feb 27, 2023

Itron, Inc. Releases Next Generation Ultrasonic Prepayment Gas Meter

Third quarter 2022 earnings released: EPS: US$0.091 (vs US$0.041 loss in 3Q 2021)

Itron, Inc. Provides Earnings Guidance Fourth Quarter of 2022

Itron, Inc. to Report Q3, 2022 Results on Nov 03, 2022

Itron, Inc. Appoints Mary Hemmingsen to the Board of Directors and Member of Audit/Finance Committee

CEO, President & Director recently sold €124k worth of stock

Insufficient new directors

Second quarter 2022 earnings released: US$0.82 loss per share (vs US$0.73 loss in 2Q 2021)

Itron, Inc. Reports Consolidated Unaudited Goodwill Impairment for the Three Months Ended June 30, 2022

Itron, Inc. Launches New Sales Channel Partner Program for Asia-Pacific Region

Itron, Inc. to Report Q2, 2022 Results on Aug 04, 2022

Itron, Inc.(NasdaqGS:ITRI) dropped from Russell 2000 Growth-Defensive Index

First quarter 2022 earnings released: EPS: US$0.02 (vs US$0.30 in 1Q 2021)

Itron, Inc. Launches Online Partner Solution Marketplace

Itron, Inc. Provides Revenue Guidance for the First Half of 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Itron, Inc. Provides Earnings Guidance for the Full Year 2022

CEO, President & Director recently sold €221k worth of stock

Itron, Inc. Launches First-Of-Its-Kind Software Solution for Comprehensive Management of Electric Vehicle Charging

Itron’S Intelis 250 Smart Gas Meter Receives Approval from Measurement Canada

Third quarter 2021 earnings released: US$0.041 loss per share (vs US$0.63 loss in 3Q 2020)

CEO, President & Director recently sold €173k worth of stock

Second quarter 2021 earnings released: US$0.73 loss per share (vs US$1.56 loss in 2Q 2020)

Itron, Inc. Revises Earnings Guidance for the Full Year of 2021

Itron, Inc. Announces Grid4c’s Grid Edge AI Application

Itron Enterprise Edition™ Meter Data Management System Again Achieves SAP® Certification as Integrated with SAP S/4HANA®

First quarter 2021 earnings released: EPS US$0.30 (vs US$0.22 in 1Q 2020)

Welsh Utility Signs Contract with Itron to Improve Water Data Management

New 90-day high: €93.50

Full year 2020 earnings released: US$1.44 loss per share (vs US$1.24 profit in FY 2019)