Saia Management

Management criteria checks 3/4

Saia's CEO is Fritz Holzgrefe, appointed in Jan 2019, has a tenure of 5.25 years. total yearly compensation is $5.73M, comprised of 15.9% salary and 84.1% bonuses, including company stock and options. directly owns 0.047% of the company’s shares, worth €4.83M. The average tenure of the management team and the board of directors is 5.2 years and 5.8 years respectively.

Key information

Fritz Holzgrefe

Chief executive officer

US$5.7m

Total compensation

CEO salary percentage	15.9%
CEO tenure	5.3yrs
CEO ownership	0.05%
Management average tenure	5.2yrs
Board average tenure	5.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Fritz Holzgrefe's remuneration changed compared to Saia's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$369m
Dec 31 2023	US$6m	US$910k	US$355m
Sep 30 2023	n/a	n/a	US$336m
Jun 30 2023	n/a	n/a	US$336m
Mar 31 2023	n/a	n/a	US$354m
Dec 31 2022	US$5m	US$875k	US$357m
Sep 30 2022	n/a	n/a	US$360m
Jun 30 2022	n/a	n/a	US$342m
Mar 31 2022	n/a	n/a	US$295m
Dec 31 2021	US$5m	US$825k	US$253m
Sep 30 2021	n/a	n/a	US$220m
Jun 30 2021	n/a	n/a	US$182m
Mar 31 2021	n/a	n/a	US$148m
Dec 31 2020	US$2m	US$664k	US$138m
Sep 30 2020	n/a	n/a	US$120m
Jun 30 2020	n/a	n/a	US$111m
Mar 31 2020	n/a	n/a	US$120m
Dec 31 2019	US$2m	US$556k	US$114m
Sep 30 2019	n/a	n/a	US$118m
Jun 30 2019	n/a	n/a	US$113m
Mar 31 2019	n/a	n/a	US$106m
Dec 31 2018	US$2m	US$507k	US$105m
Sep 30 2018	n/a	n/a	US$127m
Jun 30 2018	n/a	n/a	US$114m
Mar 31 2018	n/a	n/a	US$101m
Dec 31 2017	US$2m	US$434k	US$91m

Compensation vs Market: Fritz's total compensation ($USD5.73M) is about average for companies of similar size in the German market ($USD5.58M).

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

CEO

Fritz Holzgrefe (55 yo)

5.3yrs

Tenure

US$5,730,859

Compensation

Mr. Frederick J. Holzgrefe, III, also known as Fritz, has been the President and Director of Saia, Inc. since January 4, 2019 and has been its Chief Executive Officer since April 28, 2020. He served as Chi...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Frederick Holzgrefe	President	5.3yrs	US$5.73m	0.047% $ 4.8m
Douglas Col	Executive VP	5.2yrs	US$2.21m	0.021% $ 2.2m
Patrick Sugar	Executive Vice President of Operations	3.1yrs	US$2.28m	0.027% $ 2.8m
Rohit Lal	Executive VP & Chief Information Officer	6.7yrs	US$1.08m	0.031% $ 3.2m
Raymond Ramu	Executive VP & Chief Customer Officer	8.9yrs	US$2.66m	0.015% $ 1.6m
Anthony Norwood	Executive VP & Chief Human Resources Officer	2.1yrs	US$1.35m	0.011% $ 1.1m
Kelly Benton	VP & Controller	2.3yrs	no data	0.0097% $ 1.0m

5.2yrs

Average Tenure

55yo

Average Age

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

Board Members

Name	Position	Tenure	Compensation	Ownership
Frederick Holzgrefe	President	5.3yrs	US$5.73m	0.047% $ 4.8m
Di-Ann Eisnor	Independent Director	6.4yrs	US$182.64k	0.019% $ 2.0m
Kevin Henry	Independent Director	2.6yrs	US$155.21k	no data
Richard O'Dell	Non-Executive Chairman	17.8yrs	US$247.72k	0.023% $ 2.3m
John Gainor	Independent Director	8.2yrs	US$180.31k	0.0015% $ 156.1k
Jeffrey Ward	Independent Director	18.1yrs	US$160.22k	0.027% $ 2.8m
Randolph Melville	Lead Independent Director	8.6yrs	US$222.77k	no data
Donna Epps	Independent Director	4.5yrs	US$162.72k	0.0060% $ 617.1k
Susan Ward	Independent Director	4.4yrs	US$172.72k	0.0014% $ 147.8k
Donald James	Independent Director	2.6yrs	US$157.72k	0.0040% $ 416.6k

5.8yrs

Average Tenure

60yo

Average Age

Experienced Board: SQR's board of directors are considered experienced (5.8 years average tenure).

Saia Management

Management criteria checks 3/4

Key information

Recent management updates

Douglas Col Plans to Retire as Chief Financial Officer of Saia, Inc

Douglas Col Plans to Retire as Chief Financial Officer of Saia, Inc

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

President recently sold €3.7m worth of stock

Executive Vice President of Operations recently sold €621k worth of stock

Independent Director recently sold €99k worth of stock

Recent updates

Douglas Col Plans to Retire as Chief Financial Officer of Saia, Inc

Now 21% undervalued

Douglas Col Plans to Retire as Chief Financial Officer of Saia, Inc

First quarter 2024 earnings released: EPS: US$3.40 (vs US$2.86 in 1Q 2023)

Saia, Inc. to Report Q1, 2024 Results on Apr 26, 2024

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

Full year 2023 earnings released: EPS: US$13.32 (vs US$13.48 in FY 2022)

Investor sentiment improves as stock rises 19%

President recently sold €3.7m worth of stock

Full year 2023 earnings released: EPS: US$13.32 (vs US$13.48 in FY 2022)

Saia, Inc. to Report Q4, 2023 Results on Feb 02, 2024

Third quarter 2023 earnings released: EPS: US$3.69 (vs US$3.69 in 3Q 2022)

Saia, Inc. to Report Q3, 2023 Results on Oct 27, 2023

Executive Vice President of Operations recently sold €621k worth of stock

Second quarter 2023 earnings released: EPS: US$3.43 (vs US$4.12 in 2Q 2022)

Saia, Inc. to Report Q2, 2023 Results on Jul 28, 2023

Saia, Inc.(NasdaqGS:SAIA) dropped from Russell 2000 Growth-Defensive Index

Independent Director recently sold €99k worth of stock

Non-Executive Chairman recently sold €667k worth of stock

Investor sentiment improves as stock rises 19%

First quarter 2023 earnings released: EPS: US$2.86 (vs US$3.01 in 1Q 2022)

President recently sold €1.2m worth of stock

Full year 2022 earnings released: EPS: US$13.48 (vs US$9.62 in FY 2021)

Saia, Inc. to Report Q4, 2022 Results on Feb 03, 2023

Investor sentiment improved over the past week

Third quarter 2022 earnings released: EPS: US$3.69 (vs US$3.03 in 3Q 2021)

Saia, Inc. to Report Q3, 2022 Results on Oct 31, 2022

Independent Director recently sold €102k worth of stock

Executive VP & Chief Customer Officer recently sold €1.7m worth of stock

Executive VP recently sold €397k worth of stock

Second quarter 2022 earnings released: EPS: US$4.12 (vs US$2.37 in 2Q 2021)

Saia, Inc. to Report Q2, 2022 Results on Jul 27, 2022

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

First quarter 2022 earnings released: EPS: US$3.01 (vs US$1.42 in 1Q 2021)

Saia, Inc. to Report Q1, 2022 Results on May 02, 2022

Investor sentiment deteriorated over the past week

Saia, Inc., Annual General Meeting, Apr 29, 2022

Saia, Inc. Appoints Anthony Norwood as Executive Vice President and Chief Human Resources Officer

Saia, Inc. Appoints Anthony Norwood as Executive Vice President and Chief Human Resources Officer

President recently sold €2.1m worth of stock

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

President recently sold €1.1m worth of stock

High number of new directors

Third quarter 2021 earnings released: EPS US$3.03 (vs US$1.59 in 3Q 2020)

Investor sentiment improved over the past week

High number of new directors

Non-Executive Chairman recently sold €1.0m worth of stock

Second quarter 2021 earnings released: EPS US$2.37 (vs US$1.09 in 2Q 2020)

Executive Officer Paul Peck has left the company

Executive Officer Paul Peck has left the company

Executive Officer Paul Peck has left the company

Executive Officer Paul Peck has left the company

Executive Officer Paul Peck has left the company

Executive Officer Paul Peck has left the company

Executive Officer Paul Peck has left the company

Executive Officer Paul Peck has left the company

Executive Officer Paul Peck has left the company

Executive Officer Paul Peck has left the company

Executive Officer Paul Peck has left the company

Executive Officer Paul Peck has left the company

Executive Officer Paul Peck has left the company

Executive Officer Paul Peck has left the company

First quarter 2021 earnings released: EPS US$1.42 (vs US$1.08 in 1Q 2020)

Saia, Inc. Announces Executive Changes

Full year 2020 earnings released: EPS US$5.29 (vs US$4.38 in FY 2019)

Revenue beats expectations

Non-Executive Chairman recently sold €1.7m worth of stock

New 90-day high: €169