Tenaris Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Paolo Rocca

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	22.1yrs
CEO ownership	n/a
Management average tenure	9.8yrs
Board average tenure	17.4yrs

Recent management updates

Recent updates

CEO

Paolo Rocca (71 yo)

22.1yrs

Tenure

Mr. Paolo Rocca serves the Chief Executive Officer of Tubos de Acero de México S.A. Mr. Rocca serves as Chief Executive Officer of Techint. Mr. Rocca serves as Honorary President of Techint at Ternium Side...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Paolo Rocca	Chairman & CEO	22.1yrs	no data	no data
Alicia Mondolo	Chief Financial Officer	5.3yrs	no data	no data
Gabriel Podskubka	Chief Operating Officer	1.6yrs	no data	0.00036% € 69.8k
Marcelo Ramos	Chief Technology Officer	14.6yrs	no data	no data
Giovanni Sardagna	Investor Relations Director	no data	no data	no data
Luis Scartascini	Chief Human Resources Officer	2.8yrs	no data	no data
Sergio de la Maza	President of Mexico	21.8yrs	no data	no data
Javier Alvarez	President of Southern Cone	14.4yrs	no data	no data
Luca Zanotti	President of United States	9.8yrs	no data	no data
Gabriel Casanova	Chief Supply Chain Officer	12.1yrs	no data	no data
Michele Briotta	President of Europe	8.3yrs	no data	no data
Antonio Caprera	Chief Industrial Officer	7.6yrs	no data	no data

9.8yrs

Average Tenure

61yo

Average Age

Experienced Management: 0HXB's management team is seasoned and experienced (9.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Paolo Rocca	Chairman & CEO	22.8yrs	no data	no data
Guillermo Vogel Hinojosa	Vice Chairman of the Board	21.8yrs	no data	0.077% € 14.9m
Jaime Serra Puche	Independent Director	21.8yrs	no data	no data
Roberto Bonatti	Director	21.8yrs	no data	no data
Carlos Alberto Condorelli	Director	17.4yrs	no data	0.00039% € 75.6k
Simon Ayat	Independent Director	4.4yrs	no data	no data
Gianfelice Mario Rocca	Director	21.8yrs	no data	no data
German Cura	Vice Chairman of the Board	6.5yrs	no data	no data
Monica Tiuba	Independent Director	6.5yrs	no data	no data
Maria Novales-Flamarique	Independent Director	2.5yrs	no data	no data
Molly Montgomery	Independent Director	less than a year	no data	no data

17.4yrs

Average Tenure

71.5yo

Average Age

Experienced Board: 0HXB's board of directors are seasoned and experienced ( 17.4 years average tenure).

Tenaris Management

Management criteria checks 2/4

Key information

Recent management updates

Tenaris S.A., Annual General Meeting, Apr 30, 2024

Tenaris S.A. Appoints Martin Castro as President for Canadian Operations

Tenaris S.A., Annual General Meeting, May 03, 2023

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Recent updates

Investor sentiment deteriorates as stock falls 15%

Dividend of US$0.27 announced

Third quarter 2024 earnings released: EPS: US$0.40 (vs US$0.46 in 3Q 2023)

Now 20% undervalued after recent price drop

Now 20% undervalued after recent price drop

Now 20% undervalued after recent price drop

Second quarter 2024 earnings released: EPS: US$0.29 (vs US$0.95 in 2Q 2023)

Upcoming dividend of US$0.40 per share

First quarter 2024 earnings released: EPS: US$0.63 (vs US$0.96 in 1Q 2023)

Full year 2023 earnings released: EPS: US$3.32 (vs US$2.16 in FY 2022)

Dividend of US$0.40 announced

Tenaris S.A., Annual General Meeting, Apr 30, 2024

Full year 2023 earnings released: EPS: US$3.32 (vs US$2.16 in FY 2022)

Tenaris S.A. to Report Q3, 2024 Results on Nov 06, 2024

Tenaris S.A. (BIT:TEN) entered into a definitive agreement to acquire Bredero Shaw International B.V. from Shawcor Ltd. (TSX:MATR) for $182.6 million.

Upcoming dividend of US$0.20 per share at 3.0% yield

Tenaris S.A. Approves Interim Dividend, Payable on November 22, 2023

Third quarter 2023 earnings released: EPS: US$0.46 (vs US$0.51 in 3Q 2022)

Now 20% undervalued

Now 21% undervalued

enaris S.A. (BIT:TEN) entered into a definitive agreement to acquire Bredero Shaw International B.V. from Shawcor Ltd. (TSX:MATR) for $166 million .

Second quarter 2023 earnings released: EPS: US$0.95 (vs US$0.54 in 2Q 2022)

Tenaris S.A. Appoints Martin Castro as President for Canadian Operations

Now 20% undervalued after recent price drop

Upcoming dividend of US$0.34 per share at 3.8% yield

Tenaris S.A. Approves Dividend for the Year 2022, Payable on May 24, 2023

Full year 2022 earnings released: EPS: US$2.16 (vs US$0.93 in FY 2021)

Now 21% undervalued after recent price drop

Now 22% undervalued after recent price drop

Tenaris S.A., Annual General Meeting, May 03, 2023

Now 22% undervalued

Tenaris S.A. Provides Earnings Guidance for the First Half of 2023

Tenaris S.A. to Report Q1, 2023 Results on Apr 26, 2023

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: US$0.51 (vs US$0.28 in 3Q 2021)

Tenaris S.A. Approves an Interim Dividend, Payable on November 23, 2022

Now 26% undervalued

Now 20% undervalued after recent price drop

Less than half of directors are independent

Tenaris S.A. (BIT:TEN) entered into an agreement to acquire Benteler Steel & Tube Corporation from Benteler North America Corp. for $460 million

Tenaris S.A. (BIT:TEN) entered into an agreement to acquire Benteler Steel & Tube Corporation from Benteler North America Corp. for $460 million

Tenaris Resolves U.S. Securities and Exchange Commission Investigation into Legacy Issue in Brazil

Italian Court Dismisses Case Against Tenaris’s Chairman and Chief Executive Officer and Two Other Board Members over Allegedly Improper Payments

Upcoming dividend of US$0.28 per share

Tenaris Declares Annual Dividend Payable on May 25, 2022

First quarter 2022 earnings released: EPS: US$0.43 (vs US$0.09 in 1Q 2021)

Less than half of directors are independent

Now 21% undervalued

Now 23% undervalued

Investor sentiment improved over the past week

Tenaris S.A., Annual General Meeting, May 03, 2022

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Tenaris S.A. Proposes Dividend for Year 2021, Payable on May 25, 2022

Now 23% undervalued after recent price drop

Upcoming dividend of US$0.13 per share

Third quarter 2021 earnings released: EPS US$0.28 (vs US$0.028 loss in 3Q 2020)

Less than half of directors are independent

Tenaris S.A. Provides Sales Guidance for the Third Quarter of 2021

Tenaris S.A. Approves Dividend, Payable on May 26, 2021

Tenaris S.A., Annual General Meeting, May 03, 2021

Tenaris S.A. to Report Q4, 2020 Results on Feb 24, 2021

CEO

Tenure

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age