SJW Group Management

Management criteria checks 1/4

SJW Group's CEO is Eric Thornburg, appointed in Nov 2017, has a tenure of 6.5 years. total yearly compensation is $4.21M, comprised of 20.8% salary and 79.2% bonuses, including company stock and options. directly owns 0.14% of the company’s shares, worth €2.40M. The average tenure of the management team and the board of directors is 1.3 years and 4.6 years respectively.

Key information

Eric Thornburg

Chief executive officer

US$4.2m

Total compensation

CEO salary percentage	20.8%
CEO tenure	6.5yrs
CEO ownership	0.1%
Management average tenure	1.3yrs
Board average tenure	4.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Eric Thornburg's remuneration changed compared to SJW Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$85m
Dec 31 2023	US$4m	US$874k	US$85m
Sep 30 2023	n/a	n/a	US$100m
Jun 30 2023	n/a	n/a	US$88m
Mar 31 2023	n/a	n/a	US$82m
Dec 31 2022	US$3m	US$828k	US$74m
Sep 30 2022	n/a	n/a	US$58m
Jun 30 2022	n/a	n/a	US$52m
Mar 31 2022	n/a	n/a	US$62m
Dec 31 2021	US$3m	US$803k	US$60m
Sep 30 2021	n/a	n/a	US$56m
Jun 30 2021	n/a	n/a	US$63m
Mar 31 2021	n/a	n/a	US$62m
Dec 31 2020	US$3m	US$780k	US$62m
Sep 30 2020	n/a	n/a	US$43m
Jun 30 2020	n/a	n/a	US$26m
Mar 31 2020	n/a	n/a	US$20m
Dec 31 2019	US$3m	US$700k	US$23m
Sep 30 2019	n/a	n/a	US$38m
Jun 30 2019	n/a	n/a	US$44m
Mar 31 2019	n/a	n/a	US$43m
Dec 31 2018	US$3m	US$700k	US$39m
Sep 30 2018	n/a	n/a	US$47m
Jun 30 2018	n/a	n/a	US$51m
Mar 31 2018	n/a	n/a	US$57m
Dec 31 2017	US$1m	US$81k	US$59m

Compensation vs Market: Eric's total compensation ($USD4.21M) is above average for companies of similar size in the German market ($USD1.63M).

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

CEO

Eric Thornburg (63 yo)

6.5yrs

Tenure

US$4,210,736

Compensation

Mr. Eric W. Thornburg has been Chief Executive Officer and Director at SJW Group since November 6, 2017 and has been its Chairman of the Board since April 25, 2018 and serves as its President from November...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Eric Thornburg	Chairman	6.5yrs	US$4.21m	0.14% $ 2.4m
Andrew Walters	CFO & Treasurer	2.3yrs	US$1.34m	0.047% $ 773.9k
Bruce Hauk	Chief Operating Officer	1.3yrs	US$1.24m	0.0059% $ 97.3k
Kristen Johnson	Senior VP & Chief Administrative Officer	4.1yrs	US$1.90m	0.016% $ 262.7k
Willie Brown	VP & General Counsel	2.9yrs	US$924.60k	0.019% $ 316.8k
Mohammed Zerhouni	Senior VP of Finance	1.3yrs	no data	0.00060% $ 10.0k
Nazan Riahei	Vice President of Corporate Communications	less than a year	no data	no data
Stephanie Orosco	VP & Chief Human Resources Officer	1.5yrs	no data	no data
Craig Patla	President of CT Water	1.3yrs	no data	0.0063% $ 103.9k
Aundrea Williams	President of The Texas Water Company	less than a year	no data	no data
Marisa Joss	Deputy General Counsel & Corporate Secretary	less than a year	no data	no data

1.3yrs

Average Tenure

55yo

Average Age

Experienced Management: 76W's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Eric Thornburg	Chairman	6.5yrs	US$4.21m	0.14% $ 2.4m
Denise Kruger	Independent Director	less than a year	US$92.91k	no data
Mary Hanley	Independent Director	4.6yrs	US$199.73k	0.014% $ 226.4k
Gregory Landis	Lead Independent Director	7.5yrs	US$238.73k	0.023% $ 389.4k
Carol Wallace	Independent Director	4.6yrs	US$207.89k	0.013% $ 208.6k
Rebecca Klein	Independent Director	2.4yrs	US$198.23k	0.0063% $ 104.1k
Heather Hunt	Independent Director	4.6yrs	US$205.23k	0.013% $ 208.6k
Carl Guardino	Independent Director	4yrs	US$186.23k	0.0061% $ 100.6k
Daniel More	Independent Director	9.1yrs	US$230.73k	0.031% $ 507.0k

4.6yrs

Average Tenure

63yo

Average Age

Experienced Board: 76W's board of directors are considered experienced (4.6 years average tenure).

SJW Group Management

Management criteria checks 1/4

Key information

Recent management updates

SJW Group, Annual General Meeting, Jun 20, 2024

Sjw Group Announces Appointment of Tanya Moniz-Witten as President Effective March 25, 2024

SJW Group Appoints Marisa Joss as Corporate Secretary

SJW Group Announces Appointment of Denise L. Kruger to Board of Directors, Effective, September 1, 2023

SJW Group Appoints Aundrea Williams as President of The Texas Water Company, Effective August 21, 2023

Insufficient new directors

Recent updates

SJW Group, Annual General Meeting, Jun 20, 2024

First quarter dividend of US$0.40 announced

SJW Group Reaffirms Earnings Guidance for the Year 2024

First quarter 2024 earnings released: EPS: US$0.36 (vs US$0.37 in 1Q 2023)

SJW Group to Report Q1, 2024 Results on Apr 25, 2024

Now 20% overvalued

Sjw Group Announces Appointment of Tanya Moniz-Witten as President Effective March 25, 2024

Full year 2023 earnings released: EPS: US$2.69 (vs US$2.44 in FY 2022)

SJW Group Provides Earnings Guidance for the Year 2024

SJW Group to Report Q4, 2023 Results on Feb 21, 2024

Third quarter dividend of US$0.40 announced

SJW Group Declares Quarterly Cash Dividend, Payable on March 1, 2024

SJW Group Appoints Marisa Joss as Corporate Secretary

SJW Group Increases Revenue Guidance for the Full Year 2023

Third quarter 2023 earnings released: EPS: US$1.14 (vs US$0.83 in 3Q 2022)

SJW Group to Report Q3, 2023 Results on Oct 30, 2023

SJW Group Announces Appointment of Denise L. Kruger to Board of Directors, Effective, September 1, 2023

SJW Group Appoints Aundrea Williams as President of The Texas Water Company, Effective August 21, 2023

SJW Group Declares Quarterly Cash Dividend on Common Stock, Payable on September 1, 2023

Second quarter 2023 earnings released: EPS: US$0.58 (vs US$0.38 in 2Q 2022)

Insufficient new directors

First quarter 2023 earnings released: EPS: US$0.37 (vs US$0.12 in 1Q 2022)

President of CT Water recently sold €51k worth of stock

Full year 2022 earnings released: EPS: US$2.44 (vs US$2.04 in FY 2021)

SJW Group to Report Q4, 2022 Results on Feb 22, 2023

Mohammed (Rally) Zerhouni Joins SJW Group as Senior Vice President of Finance, Principal Accounting Officer

SJW Group Announces Walter J. Bishop Will Not Stand for Re-Election

SJW Group Has Declares Quarterly Cash Dividend, Payable on March 1, 2023

SJW Group Appoints Bruce A. Hauk as Chief Operating Officer, Effective January 1, 2023

SJW Group Announces Stephanie Orosco Promoted to Chief Human Resources Officer

SJW Group Appoints Kristen A. Johnson as Senior Vice President and Chief Administrative Officer

SJW Group Announces Executive Changes

SJW Group Appoints Marisa Joss as Deputy General Counsel and Assistant Corporate Secretary

Third quarter 2022 earnings released: EPS: US$0.83 (vs US$0.64 in 3Q 2021)

SJW Group Declares Quarterly Dividend, Payable on December 1, 2022

Chief Accounting Officer recently sold €52k worth of stock

SJW Group to Report Q3, 2022 Results on Oct 27, 2022

SJW Group Appoints Bruce A. Hauk as Chief Corporate Development and Strategy Officer

Second quarter 2022 earnings released: EPS: US$0.38 (vs US$0.70 in 2Q 2021)

SJW Group Reaffirms Earnings Guidance for the Year 2022

SJW Group to Report Q2, 2022 Results on Jul 27, 2022

First quarter 2022 earnings released: EPS: US$0.12 (vs US$0.091 in 1Q 2021)

SJW Group Declares Quarterly Dividend, Payable on June 1, 2022

High number of new directors

SJW Group to Report Q1, 2022 Results on Apr 27, 2022

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

SJW Group Reports Impairment Charges for the Fourth Quarter Ended December 31, 2021

SJW Group to Report Q4, 2021 Results on Feb 17, 2022

SJW Group Appoints James P. Lynch as Chief Accounting Officer

SJW Group Declares Quarterly Cash Dividend, Payable on March 1, 2022

High number of new directors

High number of new directors

Independent Director recently sold €121k worth of stock

Third quarter 2021 earnings released: EPS US$0.64 (vs US$0.91 in 3Q 2020)

Second quarter 2021 earnings released: EPS US$0.70 (vs US$0.69 in 2Q 2020)

Independent Director Debra Man has left the company

SJW Group(NYSE:SJW) dropped from Russell 3000 Growth Index

Senior VP & General Counsel has left the company

Lead Independent Director has left the company

First quarter 2021 earnings released: EPS US$0.091 (vs US$0.085 in 1Q 2020)

SJW Group Provides Earnings Guidance for 2021

SJW Group has completed a Follow-on Equity Offering in the amount of $60.77 million.

New 90-day low: €51.50

Full year 2020 earnings released: EPS US$2.16 (vs US$0.82 in FY 2019)

Revenue beats expectations

SJW Group to Report Q4, 2020 Results on Feb 18, 2021

New 90-day high: €58.00

CFO & Treasurer recently sold €56k worth of stock

Insider recently sold €276k worth of stock