Ball Management

Management criteria checks 1/4

Ball's CEO is Dan Fisher, appointed in Apr 2022, has a tenure of 3.25 years. total yearly compensation is $9.32M, comprised of 13.4% salary and 86.6% bonuses, including company stock and options. directly owns 0.04% of the company’s shares, worth $8.77M. The average tenure of the management team and the board of directors is 1.3 years and 6.5 years respectively.

Key information

Dan Fisher

Chief executive officer

US$9.3m

Total compensation

CEO salary percentage	13.4%
CEO tenure	2yrs
CEO ownership	0.04%
Management average tenure	1.3yrs
Board average tenure	6.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Dan Fisher's remuneration changed compared to Ball's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$660m
Dec 31 2023	US$9m	US$1m	US$707m
Sep 30 2023	n/a	n/a	US$608m
Jun 30 2023	n/a	n/a	US$797m
Mar 31 2023	n/a	n/a	US$450m
Dec 31 2022	US$7m	US$1m	US$719m
Sep 30 2022	n/a	n/a	US$961m
Jun 30 2022	n/a	n/a	US$748m
Mar 31 2022	n/a	n/a	US$1b
Dec 31 2021	US$5m	US$858k	US$878m
Sep 30 2021	n/a	n/a	US$808m
Jun 30 2021	n/a	n/a	US$870m
Mar 31 2021	n/a	n/a	US$762m
Dec 31 2020	US$4m	US$747k	US$585m
Sep 30 2020	n/a	n/a	US$518m
Jun 30 2020	n/a	n/a	US$369m
Mar 31 2020	n/a	n/a	US$472m
Dec 31 2019	US$3m	US$693k	US$566m
Sep 30 2019	n/a	n/a	US$557m
Jun 30 2019	n/a	n/a	US$524m
Mar 31 2019	n/a	n/a	US$446m
Dec 31 2018	US$3m	US$646k	US$454m
Sep 30 2018	n/a	n/a	US$462m
Jun 30 2018	n/a	n/a	US$451m
Mar 31 2018	n/a	n/a	US$431m
Dec 31 2017	US$4m	US$543k	US$374m

Compensation vs Market: Dan's total compensation ($USD9.32M) is above average for companies of similar size in the UK market ($USD5.63M).

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

CEO

Dan Fisher (50 yo)

2yrs

Tenure

US$9,318,556

Compensation

Mr. Daniel William Fisher, also known as Dan, serves as Director at Cummins Inc. since October 09, 2023. He has been the Director at Ball Corporation since January 1, 2021 and has been its Chief Executive...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Daniel Fisher	Chairman & CEO	2yrs	US$9.32m	0.040% $ 8.8m
Howard Yu	Executive VP & CFO	less than a year	US$4.89m	no data
Ronald Lewis	Chief Supply Chain & Operations Officer	no data	US$3.02m	0.010% $ 2.2m
Stacey J. Panayiotou	Senior VP & Chief Human Resources Officer	2.4yrs	US$1.92m	0.0058% $ 1.3m
Scott Morrison	Senior Advisor	less than a year	US$3.93m	0.15% $ 32.4m
Brian Gabbard	Senior VP of Global Shared Services & Chief Information Officer	2.3yrs	no data	no data
Ann Scott	Vice President of Investor Relations	no data	no data	no data
Hannah Lim-Johnson	SVP, Chief Legal Officer & Corporate Secretary	less than a year	no data	no data
Courtney K. Reynolds	Vice President of Communications & Corporate Affairs	no data	no data	no data
Jeffrey Knobel	Senior Vice President of Global Beverage Finance	no data	no data	0.021% $ 4.5m
Daniel Rabbitt	Senior VP of Corporate Planning & Development	no data	no data	no data
Kathleen Pitre	Senior VP & President of Beverage Packaging North & Central America	no data	no data	0.013% $ 2.9m

1.3yrs

Average Tenure

51yo

Average Age

Experienced Management: 0HL5's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Daniel Fisher	Chairman & CEO	3.3yrs	US$9.32m	0.040% $ 8.8m
Stuart Taylor	Lead Independent Director	25.3yrs	US$323.70k	0.038% $ 8.3m
John Bryant	Independent Non-Executive Director	5.6yrs	US$258.35k	0.0019% $ 406.5k
Cynthia Neikamp	Independent Director	7.7yrs	US$263.35k	0.0044% $ 966.9k
Michael Cave	Independent Director	9.5yrs	US$293.35k	0.0026% $ 571.3k
Cathy Ross	Independent Director	6.5yrs	US$363.24k	0% $ 0
Todd Penegor	Independent Director	4.5yrs	US$251.70k	0.00095% $ 208.8k
Pedro Mariani Bittencourt	Independent Director	6.5yrs	US$258.35k	0.0037% $ 824.0k
Betty Sapp	Independent Director	4.9yrs	US$440.60k	0.0015% $ 334.0k
Georgia Nelson	Independent Director	17.8yrs	US$287.65k	0.0073% $ 1.6m
Dune Ives	Independent Director	2.5yrs	US$258.35k	0.00061% $ 134.0k

6.5yrs

Average Tenure

62yo

Average Age

Experienced Board: 0HL5's board of directors are considered experienced (6.5 years average tenure).

Ball Management

Management criteria checks 1/4

Key information

Recent management updates

Ball Corporation, Annual General Meeting, Apr 24, 2024

Insufficient new directors

Ball Corporation Announces Executive Changes

Chairman recently sold US$5.8m worth of stock

President recently bought US$348k worth of stock

Independent Director recently bought US$104k worth of stock

Recent updates

New major risk - Financial position

First quarter 2024 earnings released: EPS: US$0.25 (vs US$0.56 in 1Q 2023)

Ball Corporation Declares Quarterly Dividend, Payable on June 17, 2024

Ball Corporation to Report Q1, 2024 Results on Apr 26, 2024

Ball Corporation, Annual General Meeting, Apr 24, 2024

Upcoming dividend of US$0.20 per share

BAE Systems, Inc. completed the acquisition of Ball Aerospace & Technologies Corp from Ball Corporation (NYSE:BALL).

Ball Corporation Provides Earnings Guidance for the Year 2024

Full year 2023 earnings released: EPS: US$2.25 (vs US$2.27 in FY 2022)

Insufficient new directors

Third quarter dividend of US$0.20 announced

Ball Corporation Declares Quarterly Cash Dividend, Payable on March 15, 2024

Ball Corporation to Report Q4, 2023 Results on Feb 01, 2024

Upcoming dividend of US$0.20 per share at 1.5% yield

New minor risk - Earnings quality

Third quarter 2023 earnings released: EPS: US$0.64 (vs US$1.25 in 3Q 2022)

Ball Corporation Declares Quarterly Cash Dividend, Payable on December 15, 2023

Ball Corporation to Report Q3, 2023 Results on Nov 02, 2023

Ball Corporation Announces Executive Changes

Upcoming dividend of US$0.20 per share at 1.5% yield

BAE Systems Reportedly in Discussions to Acquire Ball's $4 Billion Aerospace Division

New minor risk - Earnings quality

Second quarter 2023 earnings released: EPS: US$0.55 (vs US$0.55 loss in 2Q 2022)

Ball Corporation Declares Quarterly Dividend, Payable on September 15, 2023

Ball Corporation to Report Q2, 2023 Results on Aug 03, 2023

Ball Corp Considers Options for Aerospace Unit

Ball Corporation Announces to Showcase Innovative Can and Bottle Portfolio At BevNET Live Summer 2023

Upcoming dividend of US$0.20 per share at 1.5% yield

First quarter 2023 earnings released: EPS: US$0.56 (vs US$1.39 in 1Q 2022)

Upcoming dividend of US$0.20 per share at 1.4% yield

Chairman recently sold US$5.8m worth of stock

Full year 2022 earnings released: EPS: US$2.27 (vs US$2.69 in FY 2021)

Ball Corporation Declares Quarterly Dividend, Payable on March 15, 2023

Ball Aerospace Enters Final Stages of Building Space Force's Next-Gen Operational Weather Satellite

Ball Corporation to Report Q4, 2022 Results on Feb 02, 2023

President recently bought US$348k worth of stock

Upcoming dividend of US$0.20 per share

Independent Director recently bought US$104k worth of stock

Third quarter 2022 earnings released: EPS: US$1.25 (vs US$0.55 in 3Q 2021)

Ball Corporation Declares Quarterly Dividend, Payable on December 15, 2022

Ball Corporation Expands the Portfolio of Its Infinitely Recyclable Ball Aluminum Cup(R) with the Announcement of Two New, Smaller Sizes

Ball Corporation to Report Q3, 2022 Results on Nov 03, 2022

Ball Corporation Announces Treasurer Changes

Investor sentiment deteriorated over the past week

Arnest Open Joint-Stock Company completed the acquisition of Beverage packaging business in Russia of Ball Corporation.

Arnest Open Joint-Stock Company completed the acquisition of Beverage packaging business in Russia of Ball Corporation.

Upcoming dividend of US$0.20 per share

Executive VP & CFO recently bought US$1.0m worth of stock

Second quarter 2022 earnings released: US$0.55 loss per share (vs US$0.62 profit in 2Q 2021)

Ball Corporation Declares Quarterly Dividend, Payable on September 15, 2022

Ball Corporation to Report Q2, 2022 Results on Aug 04, 2022

Ball Corporation Declares Cash Dividend, Payable on June 15, 2022

Ball Corporation to Report Q1, 2022 Results on May 05, 2022

Ball Corporation Announces Decision to Leave Russia

Insider recently sold US$229k worth of stock

Upcoming dividend of US$0.20 per share

Sonoco Products Company (NYSE:SON) completed the acquisition of Ball Metalpack, LLC from Ball Corporation (NYSE:BLL) and Platinum Equity, LLC.

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

Sonoco Products Company (NYSE:SON) entered into a definitive agreement to acquire Ball Metalpack, LLC from Ball Corporation (NYSE:BLL) and Platinum Equity, LLC for $1.4 billion.

President & Director recently bought US$939k worth of stock

Upcoming dividend of US$0.20 per share

Insider recently bought US$913k worth of stock

Third quarter 2021 earnings released: EPS US$0.55 (vs US$0.74 in 3Q 2020)

Insider recently sold US$100k worth of stock

Upcoming dividend of US$0.20 per share

Independent Director recently bought US$269k worth of stock

Second quarter 2021 earnings released: EPS US$0.62 (vs US$0.29 in 2Q 2020)

Upcoming dividend of US$0.15 per share

Ball Corporation Brings Ball Aluminum Cup™ to Major Retailers in all 50 States