Textron Management

Management criteria checks 2/4

Textron's CEO is Scott Donnelly, appointed in Jan 2009, has a tenure of 15.83 years. total yearly compensation is $20.39M, comprised of 6.6% salary and 93.4% bonuses, including company stock and options. directly owns 0.29% of the company’s shares, worth $45.90M. The average tenure of the management team and the board of directors is 4.6 years and 7.7 years respectively.

Key information

Scott Donnelly

Chief executive officer

US$20.4m

Total compensation

CEO salary percentage	6.6%
CEO tenure	15.8yrs
CEO ownership	0.3%
Management average tenure	4.6yrs
Board average tenure	7.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Scott Donnelly's remuneration changed compared to Textron's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 28 2024	n/a	n/a	US$883m
Jun 29 2024	n/a	n/a	US$929m
Mar 30 2024	n/a	n/a	US$932m
Dec 30 2023	US$20m	US$1m	US$922m
Sep 30 2023	n/a	n/a	US$949m
Jul 01 2023	n/a	n/a	US$905m
Apr 01 2023	n/a	n/a	US$860m
Dec 31 2022	US$15m	US$1m	US$862m
Oct 01 2022	n/a	n/a	US$843m
Jul 02 2022	n/a	n/a	US$803m
Apr 02 2022	n/a	n/a	US$769m
Jan 01 2022	US$19m	US$1m	US$747m
Oct 02 2021	n/a	n/a	US$776m
Jul 03 2021	n/a	n/a	US$706m
Apr 03 2021	n/a	n/a	US$430m
Jan 02 2021	US$18m	US$1m	US$309m
Oct 03 2020	n/a	n/a	US$272m
Jul 04 2020	n/a	n/a	US$377m
Apr 04 2020	n/a	n/a	US$686m
Jan 04 2020	US$19m	US$1m	US$815m
Sep 28 2019	n/a	n/a	US$862m
Jun 29 2019	n/a	n/a	US$1b
Mar 30 2019	n/a	n/a	US$1b
Dec 29 2018	US$14m	US$1m	US$1b
Sep 29 2018	n/a	n/a	US$870m
Jun 30 2018	n/a	n/a	US$466m
Mar 31 2018	n/a	n/a	US$395m
Dec 30 2017	US$15m	US$1m	US$306m

Compensation vs Market: Scott's total compensation ($USD20.39M) is above average for companies of similar size in the UK market ($USD5.66M).

Compensation vs Earnings: Scott's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Scott Donnelly (62 yo)

15.8yrs

Tenure

US$20,391,762

Compensation

Mr. Scott C. Donnelly has been the Chairman, Chief Executive Officer, President and Director of Textron Inc. since September 1, 2010, December 1, 2009, January 2009 and October 2009 respectively. Mr. Donne...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Scott Donnelly	Chairman	15.8yrs	US$20.39m	0.29% $ 45.9m
Frank Connor	Executive VP & CFO	15.3yrs	US$7.62m	0.10% $ 15.9m
E. Lupone	Executive VP	12.8yrs	US$3.45m	0.048% $ 7.6m
Julie Duffy	Executive VP & Chief Human Resources Officer	7.3yrs	US$3.69m	0.019% $ 3.0m
Todd Kackley	Vice President & Chief Information Officer	1.8yrs	no data	no data
David Rosenberg	Vice President of Investor Relations	less than a year	no data	no data
Jorg Rautenstrauch	CEO & President of Industrial Segment and Kautex	4.6yrs	no data	no data
Lisa Atherton	President & CEO of Bell Segment	1.6yrs	no data	no data
Shannon Hines	Senior Vice President of Government Affairs & Washington Operations	2.8yrs	no data	no data
Tom Hammoor	President & CEO of Textron Systems Segment	1.8yrs	no data	no data
Ee Soon-Kiong	President of Textron China	21.7yrs	no data	no data
Mark Bamford	VP & Corporate Controller	no data	no data	0.0098% $ 1.6m

4.6yrs

Average Tenure

61yo

Average Age

Experienced Management: 0LF0's management team is considered experienced (4.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Scott Donnelly	Chairman	15.1yrs	US$20.39m	0.29% $ 45.9m
Kathleen Bader	Independent Director	20.8yrs	US$310.00k	0.0020% $ 319.9k
Lionel Nowell	Independent Director	4.8yrs	US$325.00k	0.0050% $ 784.0k
James Ziemer	Independent Director	17.7yrs	US$324.17k	0.0050% $ 798.3k
Thomas Kennedy	Independent Director	1.8yrs	US$310.00k	0.0027% $ 427.7k
Deborah James	Independent Director	7.3yrs	US$315.65k	0.0050% $ 785.6k
Ronal Clark	Independent Lead Director	21.1yrs	US$365.00k	0.0034% $ 535.4k
Richard Ambrose	Independent Director	2.6yrs	US$310.00k	0.0035% $ 551.2k
Maria Zuber	Independent Director	8yrs	US$308.57k	0.0050% $ 785.6k
Michael Garrett	Independent Director	1.3yrs	US$207.44k	0.0020% $ 319.9k

7.7yrs

Average Tenure

67yo

Average Age

Experienced Board: 0LF0's board of directors are considered experienced (7.7 years average tenure).

Textron Management

Management criteria checks 2/4

Key information

Recent management updates

Textron Inc. Announces Change in Chief Financial Officer

Independent Director recently sold US$1.0m worth of stock

Textron Inc., Annual General Meeting, Apr 24, 2024

Independent Lead Director recently sold US$702k worth of stock

Textron Inc. Announces Appointment of Michael X. Garrett to the Board of Directors, Effective July 1, 2023

Textron Inc. Announces Executive Changes

Recent updates

Third quarter dividend of US$0.02 announced

Textron Inc. Declares Quarterly Dividend, Payable on January 1, 2025

Third quarter 2024 earnings released: EPS: US$1.18 (vs US$1.36 in 3Q 2023)

Textron Inc. Announces Change in Chief Financial Officer

Textron Inc. to Report Q3, 2024 Results on Oct 24, 2024

Upcoming dividend of US$0.02 per share

Second quarter dividend of US$0.02 announced

Textron Inc. Declares Quarterly Dividend, Payable on October 1, 2024

Second quarter 2024 earnings released: EPS: US$1.36 (vs US$1.31 in 2Q 2023)

Textron Inc. to Report Q2, 2024 Results on Jul 18, 2024

Upcoming dividend of US$0.02 per share

Independent Director recently sold US$1.0m worth of stock

First quarter dividend of US$0.02 announced

First quarter 2024 earnings released: EPS: US$1.03 (vs US$0.93 in 1Q 2023)

Textron Inc. Declares Quarterly Dividend, Payable on July 1, 2024

Textron Inc. to Report Q1, 2024 Results on Apr 25, 2024

Textron Inc., Annual General Meeting, Apr 24, 2024

Upcoming dividend of US$0.02 per share

Fourth quarter dividend of US$0.02 announced

Textron Declares Quarterly Dividend, Payable on April 1, 2024

Full year 2023 earnings released: EPS: US$4.57 (vs US$4.05 in FY 2022)

Textron Inc. Provides Earnings Guidance for the Full Year 2024

Textron Inc. to Report Q4, 2023 Results on Jan 24, 2024

Upcoming dividend of US$0.02 per share at 0.1% yield

New minor risk - Insider selling

Independent Lead Director recently sold US$702k worth of stock

Third quarter 2023 earnings released: EPS: US$1.35 (vs US$1.07 in 3Q 2022)

Textron Inc. Declares Quarterly Dividend, Payable on January 1, 2024

Textron Inc. to Report Q3, 2023 Results on Oct 26, 2023

Upcoming dividend of US$0.02 per share at 0.1% yield

Textron Aviation Defense Announces the Arrival of the Eighth Beechcraft T-6C Texan II Aircraft in Support of Tunisian Air Force Pilot Production

Second quarter 2023 earnings released: EPS: US$1.30 (vs US$1.02 in 2Q 2022)

Textron Inc. Declares A Quarterly Dividend, Payable on October 1, 2023

Textron Inc. to Report Q2, 2023 Results on Jul 27, 2023

Textron Inc. Announces Appointment of Michael X. Garrett to the Board of Directors, Effective July 1, 2023

Textron Reportedly Seeks Fuel Systems Unit Sale

Upcoming dividend of US$0.02 per share at 0.1% yield

First quarter 2023 earnings released: EPS: US$0.92 (vs US$0.89 in 1Q 2022)

Upcoming dividend of US$0.02 per share at 0.1% yield

Full year 2022 earnings released: EPS: US$4.01 (vs US$3.33 in FY 2021)

Textron Inc. Provides Earnings Guidance for the Full Year 2023

Textron Inc. Announces Executive Changes

Textron Inc. to Report Q4, 2022 Results on Jan 25, 2023

Now 22% undervalued

Textron Inc. Elects Thomas A. Kennedy to Board of Directors

Upcoming dividend of US$0.02 per share

General Electric, L3Harris Technologies, Textron and Veritas Capital Reportedly Vying for Aerojet Rocketdyne

Textron Inc. Appoints Brett Pierson as Senior Vice President of Defense and Special Missions

Textron Inc. Provides Earnings Guidance for the Full Year 2022

Third quarter 2022 earnings released: EPS: US$1.06 (vs US$0.83 in 3Q 2021)

Textron Inc. Declares Quarterly Dividend, Payable on January 1, 2023

Textron Inc. to Report Q3, 2022 Results on Oct 27, 2022

Kaplan Fox & Kilsheimer LLP Proposes Class Action Settlement

Upcoming dividend of US$0.02 per share

Second quarter 2022 earnings released: EPS: US$1.01 (vs US$0.81 in 2Q 2021)

Textron Inc. Reiterates Earnings Guidance for the Full Year 2022

Textron Inc. Declares Quarterly Dividend, Payable on October 1, 2022

Textron Inc. to Report Q2, 2022 Results on Jul 28, 2022

Upcoming dividend of US$0.02 per share

First quarter 2022 earnings released: EPS: US$0.88 (vs US$0.75 in 1Q 2021)

Textron Inc. Declares Quarterly Dividend, Payable on July 1, 2022

Textron Inc. (NYSE:TXT) completed the acquisition of 90% stake in Pipistrel D.O.O. Ajdovscina, Pipistrel Vertical Solutions d.o.o and Pipistrel Italia S.r.l for approximately €218 million.

Textron Inc. to Report Q1, 2022 Results on Apr 28, 2022

Textron Inc., Annual General Meeting, Apr 27, 2022

Upcoming dividend of US$0.02 per share

Textron Inc. Elects Richard F. Ambrose to Board of Directors

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

Textron Inc. Provides Earnings Guidance for the Full-Year 2022

Insufficient new directors