Matson Management

Management criteria checks 3/4

Matson's CEO is Matt Cox, appointed in Jun 2012, has a tenure of 12.42 years. total yearly compensation is $6.17M, comprised of 14.7% salary and 85.3% bonuses, including company stock and options. directly owns 0.53% of the company’s shares, worth €25.64M. The average tenure of the management team and the board of directors is 8.4 years and 6.6 years respectively.

Key information

Matt Cox

Chief executive officer

US$6.2m

Total compensation

CEO salary percentage	14.7%
CEO tenure	12.4yrs
CEO ownership	0.5%
Management average tenure	8.4yrs
Board average tenure	6.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Matt Cox's remuneration changed compared to Matson's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$411m
Jun 30 2024	n/a	n/a	US$332m
Mar 31 2024	n/a	n/a	US$299m
Dec 31 2023	US$6m	US$904k	US$297m
Sep 30 2023	n/a	n/a	US$313m
Jun 30 2023	n/a	n/a	US$459m
Mar 31 2023	n/a	n/a	US$759m
Dec 31 2022	US$6m	US$894k	US$1b
Sep 30 2022	n/a	n/a	US$1b
Jun 30 2022	n/a	n/a	US$1b
Mar 31 2022	n/a	n/a	US$1b
Dec 31 2021	US$6m	US$862k	US$927m
Sep 30 2021	n/a	n/a	US$619m
Jun 30 2021	n/a	n/a	US$406m
Mar 31 2021	n/a	n/a	US$277m
Dec 31 2020	US$5m	US$689k	US$193m
Sep 30 2020	n/a	n/a	US$123m
Jun 30 2020	n/a	n/a	US$88m
Mar 31 2020	n/a	n/a	US$74m
Dec 31 2019	US$4m	US$813k	US$83m
Sep 30 2019	n/a	n/a	US$88m
Jun 30 2019	n/a	n/a	US$93m
Mar 31 2019	n/a	n/a	US$107m
Dec 31 2018	US$5m	US$789k	US$109m
Sep 30 2018	n/a	n/a	US$254m
Jun 30 2018	n/a	n/a	US$247m
Mar 31 2018	n/a	n/a	US$238m
Dec 31 2017	US$4m	US$766k	US$231m

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

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

CEO

Matt Cox (63 yo)

12.4yrs

Tenure

US$6,165,815

Compensation

Mr. Matthew J. Cox, also known as Matt, had served on the First Hawaiian Bank's board of directors since 2014 until 2022. He served as Independent Director at First Hawaiian, Inc. since 2016 until April 20...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Matthew Cox	Chairman & CEO	12.4yrs	US$6.17m	0.53% € 25.6m
Joel Wine	Executive VP & CFO	13.2yrs	US$2.51m	0.26% € 12.5m
Peter Heilmann	Executive VP	7.6yrs	US$1.97m	0.075% € 3.7m
Rusty Rolfe	Executive VP & President of Matson Logistics	12.4yrs	US$1.87m	0.042% € 2.0m
John Lauer	Executive VP & Chief Commercial Officer	7.6yrs	US$1.97m	0.057% € 2.8m
Lee Fishman	Director of Investor Relations	no data	no data	no data
John Wagner	Director of Corporate Communications	9.3yrs	no data	no data
Jason Taylor	Senior Vice President of Human Resources	no data	no data	0.028% € 1.4m
Vicente Angoco	Senior Vice President of Alaska	12.4yrs	US$848.54k	0.064% € 3.1m
Grazyna Cerocke	Senior Vice President of Finance - Matson Logistics	3.8yrs	no data	0.037% € 1.8m
Qiang Gao	Senior Vice President of Asia	3.8yrs	no data	0.028% € 1.3m
Richard Kinney	Senior Vice President of Network Operations	4.6yrs	no data	0.024% € 1.2m

8.4yrs

Average Tenure

60yo

Average Age

Experienced Management: 68M's management team is seasoned and experienced (8.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Matthew Cox	Chairman & CEO	12.4yrs	US$6.17m	0.53% € 25.6m
Meredith Ching	Independent Director	4.6yrs	US$225.64k	0.096% € 4.7m
Stanley Kuriyama	Lead Independent Director	8.4yrs	US$276.82k	0.14% € 7.0m
Bradley Tilden	Independent Director	less than a year	no data	no data
Constance Lau	Independent Director	20.6yrs	US$250.39k	0.21% € 10.5m
Mark Fukunaga	Independent Director	6.6yrs	US$241.64k	0.083% € 4.0m
Jenai Wall	Independent Director	5.6yrs	US$235.39k	0.043% € 2.1m

6.6yrs

Average Tenure

67yo

Average Age

Experienced Board: 68M's board of directors are considered experienced (6.6 years average tenure).

Matson Management

Management criteria checks 3/4

Key information

Recent management updates

Executive VP recently sold €818k worth of stock

Executive VP & Chief Commercial Officer recently sold €399k worth of stock

Executive VP recently sold €1.2m worth of stock

Insider recently sold €292k worth of stock

Matson, Inc., Annual General Meeting, Apr 25, 2024

Senior Vice President of Alaska recently sold €949k worth of stock

Recent updates

Executive VP recently sold €818k worth of stock

Investor sentiment improves as stock rises 21%

Third quarter 2024 earnings released: EPS: US$5.98 (vs US$3.42 in 3Q 2023)

Second quarter dividend of US$0.34 announced

Matson, Inc. Announces Fourth quarter Dividend, Payable on December 5, 2024

Matson, Inc. to Report Q3, 2024 Results on Oct 30, 2024

Matson Begins Construction on First of Three New Lng-Powered Aloha Class Containerships

Executive VP & Chief Commercial Officer recently sold €399k worth of stock

Executive VP recently sold €1.2m worth of stock

New major risk - Revenue and earnings growth

Second quarter 2024 earnings released: EPS: US$3.34 (vs US$2.28 in 2Q 2023)

Upcoming dividend of US$0.34 per share

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

First quarter dividend of US$0.34 announced

Matson, Inc. Announces Quarterly Dividend, Payable on September 5, 2024

Now 21% undervalued

Insider recently sold €292k worth of stock

First quarter 2024 earnings released: EPS: US$1.05 (vs US$0.94 in 1Q 2023)

Fourth quarter dividend of US$0.32 announced

Matson, Inc. Announces Quarterly Dividend, Payable on June 6, 2024

Matson, Inc. to Report Q1, 2024 Results on Apr 30, 2024

Matson, Inc., Annual General Meeting, Apr 25, 2024

Senior Vice President of Alaska recently sold €949k worth of stock

Full year 2023 earnings released: EPS: US$8.42 (vs US$27.28 in FY 2022)

Matson, Inc. Provides Earnings Guidance for the First Quarter and Full Year of 2024

Upcoming dividend of US$0.32 per share at 1.1% yield

Third quarter dividend of US$0.32 announced

Matson, Inc. Announces Quarterly Dividend, Payable on March 7, 2024

Matson, Inc. Provides Earning Guidance for the Fourth Quarter Ended December 31, 2023

Senior Vice President of Alaska recently sold €974k worth of stock

Upcoming dividend of US$0.32 per share at 1.5% yield

Matson, Inc. Declares Quarerly Dividend for the Fourth Quarter, Payable on December 7, 2023

Third quarter 2023 earnings released: EPS: US$3.23 (vs US$6.95 in 3Q 2022)

Matson, Inc. Provides Earning Guidance for the Third Quarter Ended September 30, 2023

Senior Vice President of Alaska recently sold €858k worth of stock

New minor risk - Profit margin trend

Second quarter 2023 earnings released: EPS: US$2.28 (vs US$9.54 in 2Q 2022)

Upcoming dividend of US$0.32 per share at 1.4% yield

Matson, Inc. to Report Q2, 2023 Results on Jul 21, 2023

Matson Increases Quarterly Dividend, Payable on September 7, 2023

Executive VP recently sold €344k worth of stock

Senior Vice President of Alaska recently sold €504k worth of stock

Matson, Inc. Declares Cash Dividend, Payable on June 1, 2023

First quarter 2023 earnings released: EPS: US$0.94 (vs US$8.29 in 1Q 2022)

Matson, Inc. Provides Consolidated Earnings Guidance for the Second Quarter of 2023

Upcoming dividend of US$0.31 per share at 1.9% yield

Now 20% undervalued after recent price drop

Independent Director recently bought €94k worth of stock

Executive VP & Chief Commercial Officer recently sold €834k worth of stock

Insider recently sold €175k worth of stock

Full year 2022 earnings released: EPS: US$27.28 (vs US$21.67 in FY 2021)

Upcoming dividend of US$0.31 per share at 1.9% yield

Matson, Inc. Declares First Quarter Dividend, Payable on March 2, 2023

Matson, Inc. Provides Earnings Guidance for the Fourth Quarter of 2022

Matson, Inc. Provides Earnings Guidance for the Fourth Quarter of 2022

Insufficient new directors

Third quarter 2022 earnings released: EPS: US$6.95 (vs US$6.60 in 3Q 2021)

Upcoming dividend of US$0.31 per share

Matson, Inc. Declares A Fourth Quarter Dividend for Common Share, Payable on December 1, 2022

Matson, Inc. Provides Earnings Guidance for the Third Quarter 2022

Executive Vice President recently sold €351k worth of stock

Independent Director recently bought €94k worth of stock

Executive Vice President recently sold €401k worth of stock

Executive Vice President recently sold €407k worth of stock

Second quarter 2022 earnings released: EPS: US$9.54 (vs US$3.74 in 2Q 2021)

Upcoming dividend of US$0.31 per share

Investor sentiment improved over the past week

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

Matson, Inc. Declares Third Quarter Dividend, Payable on September 1, 2022