Whirlpool Management
Management criteria checks 3/4
Whirlpool's CEO is Marc Bitzer, appointed in Oct 2017, has a tenure of 7.08 years. total yearly compensation is $13.50M, comprised of 9.7% salary and 90.3% bonuses, including company stock and options. directly owns 0.4% of the company’s shares, worth $24.09M. The average tenure of the management team and the board of directors is 4.8 years and 8.7 years respectively.
Key information
Marc Bitzer
Chief executive officer
US$13.5m
Total compensation
| CEO salary percentage | 9.7% |
| CEO tenure | 7.1yrs |
| CEO ownership | 0.4% |
| Management average tenure | 4.8yrs |
| Board average tenure | 8.7yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$560m |
| Jun 30 2024 | n/a | n/a | US$535m |
| Mar 31 2024 | n/a | n/a | US$401m |
| Dec 31 2023 | US$14m | US$1m | US$481m |
| Sep 30 2023 | n/a | n/a | -US$2b |
| Jun 30 2023 | n/a | n/a | -US$2b |
| Mar 31 2023 | n/a | n/a | -US$2b |
| Dec 31 2022 | US$12m | US$1m | -US$2b |
| Sep 30 2022 | n/a | n/a | US$383m |
| Jun 30 2022 | n/a | n/a | US$711m |
| Mar 31 2022 | n/a | n/a | US$2b |
| Dec 31 2021 | US$19m | US$1m | US$2b |
| Sep 30 2021 | n/a | n/a | US$2b |
| Jun 30 2021 | n/a | n/a | US$2b |
| Mar 31 2021 | n/a | n/a | US$1b |
| Dec 31 2020 | US$17m | US$1m | US$1b |
| Sep 30 2020 | n/a | n/a | US$864m |
| Jun 30 2020 | n/a | n/a | US$830m |
| Mar 31 2020 | n/a | n/a | US$867m |
| Dec 31 2019 | US$14m | US$1m | US$1b |
| Sep 30 2019 | n/a | n/a | US$1b |
| Jun 30 2019 | n/a | n/a | US$918m |
| Mar 31 2019 | n/a | n/a | US$194m |
| Dec 31 2018 | US$12m | US$1m | -US$183m |
| Sep 30 2018 | n/a | n/a | -US$621m |
| Jun 30 2018 | n/a | n/a | -US$555m |
| Mar 31 2018 | n/a | n/a | US$291m |
| Dec 31 2017 | US$7m | US$1m | US$350m |
Compensation vs Market: Marc's total compensation ($USD13.50M) is above average for companies of similar size in the UK market ($USD3.25M).
Compensation vs Earnings: Marc's compensation has been consistent with company performance over the past year.
CEO
Marc Bitzer (59 yo)
7.1yrs
Tenure
US$13,504,801
Compensation
Mr. Marc Robert Bitzer serves as Member of Supervisory Board at Bayerische Motoren Werke Aktiengesellschaft since May 12, 2021. He has been the Chief Executive Officer of Whirlpool Corporation since Octobe...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 7.1yrs | US$13.50m | 0.40% $ 24.1m | |
| Executive VP | 8.3yrs | US$4.75m | 0.082% $ 5.0m | |
| Executive VP & Chief Human Resources Officer | 5.7yrs | US$2.63m | 0.042% $ 2.5m | |
| Executive Vice President | 5.6yrs | US$2.54m | 0.035% $ 2.1m | |
| Senior VP | less than a year | no data | 0.010% $ 618.1k | |
| Senior VP & Chief Information Officer | 4yrs | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Senior VP & Legal General Counsel | less than a year | no data | no data | |
| Executive Vice President of Global Product Organization & Strategic Sourcing | no data | no data | no data | |
| Executive Vice President of Strategy & Business Development | 4.8yrs | no data | no data | |
| Executive Vice President of Corporate Relations & Sustainability | 2.8yrs | no data | no data | |
| Executive VP & President of Latin America | no data | no data | 0.035% $ 2.1m |
4.8yrs
Average Tenure
54yo
Average Age
Experienced Management: 0LWH's management team is considered experienced (4.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 9.1yrs | US$13.50m | 0.40% $ 24.1m | |
| Independent Director | 6.9yrs | US$302.38k | 0.012% $ 715.6k | |
| Independent Director | 14.4yrs | US$325.70k | 0.0044% $ 265.8k | |
| Independent Director | less than a year | no data | 0.0026% $ 156.2k | |
| Independent Presiding Director | 14.4yrs | US$356.15k | 0.037% $ 2.2m | |
| Independent Director | 13.3yrs | US$301.15k | 0.020% $ 1.2m | |
| Independent Director | 10.8yrs | US$305.26k | 0.020% $ 1.2m | |
| Independent Director | 7.8yrs | US$331.15k | 0.0050% $ 304.5k | |
| Independent Director | 11.8yrs | US$314.12k | 0.027% $ 1.6m | |
| Independent Director | 1.3yrs | US$58.30k | 0.0026% $ 156.2k | |
| Independent Director | 8.3yrs | US$301.34k | 0.0018% $ 109.6k | |
| Independent Director | 4.6yrs | US$302.17k | 0.0083% $ 505.5k |
8.7yrs
Average Tenure
66yo
Average Age
Experienced Board: 0LWH's board of directors are considered experienced (8.7 years average tenure).