TTM Technologies Management

Management criteria checks 3/4

TTM Technologies' CEO is Tom Edman, appointed in Jan 2013, has a tenure of 11.25 years. total yearly compensation is $3.11M, comprised of 27.4% salary and 72.6% bonuses, including company stock and options. directly owns 0.66% of the company’s shares, worth €9.45M. The average tenure of the management team and the board of directors is 5.2 years and 13.4 years respectively.

Key information

Tom Edman

Chief executive officer

US$3.1m

Total compensation

CEO salary percentage	27.4%
CEO tenure	11.3yrs
CEO ownership	0.7%
Management average tenure	5.2yrs
Board average tenure	13.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Tom Edman's remuneration changed compared to TTM Technologies's earnings?
Date	Total Compensation	Salary	Company Earnings
Jan 01 2024	US$3m	US$852k	-US$19m
Oct 02 2023	n/a	n/a	-US$30m
Jul 03 2023	n/a	n/a	US$51m
Apr 03 2023	n/a	n/a	US$72m
Jan 02 2023	US$4m	US$824k	US$95m
Oct 03 2022	n/a	n/a	US$97m
Jul 04 2022	n/a	n/a	US$74m
Apr 04 2022	n/a	n/a	US$75m
Jan 03 2022	US$3m	US$763k	US$54m
Sep 27 2021	n/a	n/a	US$85m
Jun 28 2021	n/a	n/a	US$3m
Mar 29 2021	n/a	n/a	-US$16m
Dec 28 2020	US$3m	US$753k	-US$16m
Sep 28 2020	n/a	n/a	-US$45m
Jun 29 2020	n/a	n/a	US$19m
Mar 30 2020	n/a	n/a	US$22m
Dec 30 2019	US$2m	US$712k	US$32m
Sep 30 2019	n/a	n/a	US$74m
Jul 01 2019	n/a	n/a	US$98m
Apr 01 2019	n/a	n/a	US$170m
Dec 31 2018	US$2m	US$689k	US$135m
Oct 01 2018	n/a	n/a	US$170m
Jul 02 2018	n/a	n/a	US$165m
Apr 02 2018	n/a	n/a	US$101m
Jan 01 2018	US$3m	US$672k	US$124m

Compensation vs Market: Tom's total compensation ($USD3.11M) is above average for companies of similar size in the German market ($USD1.62M).

Compensation vs Earnings: Tom's compensation has been consistent with company performance over the past year.

CEO

Tom Edman (61 yo)

11.3yrs

Tenure

US$3,109,523

Compensation

Mr. Thomas T. Edman, also known as Tom, served as Chief Executive Officer of SmartWorks at Techstep ASA. Mr. Edman has been the Chief Executive Officer of TTM Technologies Inc. since January 1, 2014 and it...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Thomas Edman	President	11.3yrs	US$3.11m	0.66% $ 9.5m
Daniel Boehle	Executive VP & CFO	less than a year	US$1.30m	no data
Philip Titterton	Executive VP & COO	4.3yrs	US$1.70m	0.087% $ 1.2m
Douglas Soder	Executive VP & President of Commercial Sector	5.8yrs	US$1.56m	0.20% $ 2.9m
Catherine Gridley	Executive VP and President of Aerospace & Defense (A&D) Sector	4.6yrs	US$1.54m	0.088% $ 1.3m
Sameer Desai	Vice President of Corporate Development & Investor Relations	no data	no data	no data
Daniel Weber	Executive VP	8.2yrs	US$1.17m	0.050% $ 719.0k
O. Swain	Senior Vice President of Marketing	no data	US$578.87k	no data
Anthony Sandeen	Senior Vice President of AMI&I & Global Sales	less than a year	no data	no data
Shawn Powers	Executive VP & Chief Human Resources Officer	9.2yrs	no data	0.093% $ 1.3m
Dale Knecht	Senior Vice President of Global Information Technology	10.3yrs	no data	0.095% $ 1.4m
Thomas Clapprood	President of Radar Systems & Sensors BU for TTM Technologies Aerospace & Defense Bus. Sector	1.3yrs	no data	no data

5.2yrs

Average Tenure

56yo

Average Age

Experienced Management: TT1's management team is seasoned and experienced (5.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Thomas Edman	President	19.6yrs	US$3.11m	0.66% $ 9.5m
Kenton Alder	Independent Director	25.1yrs	US$210.45k	0.039% $ 566.2k
Philip Franklin	Independent Director	13.4yrs	US$241.45k	0.0098% $ 141.2k
Julie England	Independent Director	7.5yrs	US$236.45k	0% $ 0
John Mayer	Independent Director	23.6yrs	US$228.45k	0.0090% $ 129.4k
Dov Zakheim	Independent Director	13.8yrs	US$234.45k	no data
Rex Geveden	Independent Chairman of the Board	5.9yrs	US$348.78k	0% $ 0
Chantel Lenard	Independent Director	5.6yrs	US$228.45k	0% $ 0
Pamela Jackson	Independent Director	2.8yrs	US$228.45k	no data

13.4yrs

Average Tenure

70yo

Average Age

Experienced Board: TT1's board of directors are seasoned and experienced ( 13.4 years average tenure).

TTM Technologies Management

Management criteria checks 3/4

Key information

Recent management updates

TTM Technologies, Inc., Annual General Meeting, May 08, 2024

Insider recently sold €276k worth of stock

Insufficient new directors

Insufficient new directors

Insufficient new directors

Insufficient new directors

Recent updates

TTM Technologies, Inc. to Report Q1, 2024 Results on May 01, 2024

TTM Technologies, Inc., Annual General Meeting, May 08, 2024

Full year 2023 earnings released: US$0.18 loss per share (vs US$0.93 profit in FY 2022)

Full year 2023 earnings released: US$0.18 loss per share (vs US$0.93 profit in FY 2022)

TTM Technologies, Inc. Provides Revenue Guidance for the First Quarter of 2024

TTM Technologies, Inc. to Report Q4, 2023 Results on Feb 07, 2024

Now 21% undervalued

TTM Technologies, Inc. Reports Unaudited Consolidated Impairment of Goodwill for the Third Quarter Ended October 2, 2023

New major risk - Revenue and earnings growth

TTM Technologies, Inc. to Report Q3, 2023 Results on Nov 01, 2023

Insider recently sold €276k worth of stock

New minor risk - Profit margin trend

Second quarter 2023 earnings released: EPS: US$0.066 (vs US$0.27 in 2Q 2022)

TTM Technologies, Inc. Provides Financial Guidance for the Third Quarter of 2023

TTM Technologies, Inc. to Report Q2, 2023 Results on Aug 02, 2023

Insufficient new directors

TTM Technologies, Inc. Provides Earnings Guidance for the Second Quarter of 2023

TTM Technologies, Inc. Introduces New Family of 0603 Radio Frequency Components for 5G Transceivers and Power Amplifiers, Its Radio Frequency and Specialty Components Business Unit's Most Extensive Product Release to Date

TTM Technologies, Inc. Announces Plan to Close Three Manufacturing Facilities

TTM Technologies, Inc. to Report Q4, 2022 Results on Feb 08, 2023

Insufficient new directors

Third quarter 2022 earnings released: EPS: US$0.43 (vs US$0.20 in 3Q 2021)

TTM Technologies, Inc. Provides Earnings Guidance for the Fourth Quarter 2022

TTM Technologies, Inc. to Report Q3, 2022 Results on Nov 02, 2022

Investor sentiment improved over the past week

Second quarter 2022 earnings released: EPS: US$0.27 (vs US$0.26 in 2Q 2021)

TTM Technologies, Inc. Provides Financial Guidance for the Third Quarter of 2022

TTM Technologies, Inc. to Report Q2, 2022 Results on Aug 03, 2022

TTM Technologies, Inc. Releases New Xinger® Brand Resistors with RF Power Handling from 100 Watts to 150 Watts for the RF & Specialty Components Adjacent Markets of Industrial, and Test and Measurement

TTM Technologies, Inc. (NasdaqGS:TTMI) completed the acquisition of Telephonics Corporation from Griffon Corporation (NYSE:GFF).

First quarter 2022 earnings released: EPS: US$0.17 (vs US$0.03 loss in 1Q 2021)

Ttm Technologies, Inc. Provides Earnings Guidance for the Second Quarter of 2022

Insufficient new directors

TTM Technologies, Inc. (NasdaqGS:TTMI) entered into a definitive share purchase agreement to acquire Telephonics Corporation from Griffon Corporation (NYSE:GFF) for $330 million.

TTM Technologies, Inc. (NasdaqGS:TTMI) entered into a definitive share purchase agreement to acquire Telephonics Corporation from Griffon Corporation (NYSE:GFF) for $330 million.

TTM Technologies, Inc. RF&S Business Unit Releases New Xinger® Brand High Power Couplers for Sub-6Ghz 5G Wireless Infrastructure Applications

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

TTM Technologies, Inc. Provides Revenue Guidance for the First Quarter of 2022

Insufficient new directors

Insufficient new directors

Third quarter 2021 earnings released: EPS US$0.20 (vs US$0.58 loss in 3Q 2020)

Insider recently sold €212k worth of stock

Insider recently sold €80k worth of stock

First quarter 2021 earnings released: US$0.03 loss per share (vs US$0.03 loss in 1Q 2020)

TTM Technologies, Inc. Announces Revenue Guidance for Second Quarter of 2021

Robert E. Klatell to Retire as Class III Director of TTM Technologies, Inc

Revenue misses expectations

Full year 2020 earnings released: US$0.15 loss per share (vs US$0.30 profit in FY 2019)

New 90-day high: €11.80

Full year 2020 earnings released: US$0.15 loss per share (vs US$0.39 profit in FY 2019)

Revenue misses expectations

TTM Technologies, Inc. to Report Q4, 2020 Results on Feb 03, 2021

New 90-day high: €11.20

New 90-day high: €11.00

Revenue beats expectations

Third quarter 2020 earnings released: US$0.58 loss per share

Third quarter earnings released

Third-quarter earnings released: Revenue beats expectations

New 90-day high: €10.60

TTM Technologies, Inc. to Report Q3, 2020 Results on Oct 28, 2020

New 90-day low - €9.40

Insider recently sold €66.0k worth of stock

New 90-day low - €9.50

First half earnings released

TTM Technologies, Inc. to Report Q2, 2020 Results on Jul 29, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation