Westlake Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Jean-Marc Gilson

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	less than a year
CEO ownership	n/a
Management average tenure	2.7yrs
Board average tenure	6.8yrs

Recent management updates

Recent updates

CEO

Jean-Marc Gilson (61 yo)

less than a year

Tenure

Mr. Jean-Marc Gilson is President, CEO & Director of Westlake Chemical Partners LP from July 2024. Mr. Jean-Marc is President, Chief Executive Officer and Director of Westlake Chemical Partners GP LLC from...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
James Chao	Executive Chairman of the Board	21.4yrs	US$7.65m	0.030% $ 4.9m
Mark Bender	Executive VP & CFO	17.8yrs	US$5.67m	0.033% $ 5.4m
L. Ederington	Executive VP of Performance & Essential Materials	11.1yrs	US$6.07m	0.045% $ 7.5m
Robert Buesinger	Executive Vice President of Housing	14.6yrs	US$4.79m	0.017% $ 2.8m
Jean-Marc Gilson	President & CEO	less than a year	no data	no data
Jeffrey Holy	VP & Chief Accounting Officer	less than a year	no data	0.0023% $ 384.4k
Lawrence Schubert	Vice President of Corporate Development & Sustainability	no data	no data	no data
Thomas Janssens	Senior Vice President of Operations	2.7yrs	no data	0.0094% $ 1.5m
Johnathan Zoeller	VP & Treasurer	less than a year	no data	0.0034% $ 565.9k

2.7yrs

Average Tenure

61yo

Average Age

Experienced Management: 0LVK's management team is considered experienced (2.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
James Chao	Executive Chairman of the Board	21.4yrs	US$7.65m	0.030% $ 4.9m
Mark McCollum	Independent Director	6.5yrs	US$292.17k	0.0066% $ 1.1m
Kimberly Lubel	Independent Director	4.5yrs	US$267.17k	0.0082% $ 1.3m
Albert Chao	Director	21.4yrs	US$11.97m	0.43% $ 71.1m
R. Northcutt	Independent Director	11.5yrs	US$287.17k	0.016% $ 2.6m
Michael Graff	Independent Director	11.5yrs	US$282.17k	0.016% $ 2.6m
Jeffrey Sheets	Independent Director	6.8yrs	US$282.17k	0.0090% $ 1.5m
Tsung-Hung Chao	Director	6.8yrs	US$267.17k	0.022% $ 3.7m
Tsung-Chen Chao	Director	6.3yrs	no data	0.0060% $ 996.5k
Catherine Chao	Director	1.5yrs	US$376.71k	0.019% $ 3.1m
Carolyn Sabat	Director	1.5yrs	US$376.71k	0.0019% $ 315.1k

6.8yrs

Average Tenure

64yo

Average Age

Experienced Board: 0LVK's board of directors are considered experienced (6.8 years average tenure).

Westlake Management

Management criteria checks 2/4

Key information

Recent management updates

Westlake Corporation Appoints Jean-Marc Gilson as Chief Executive Officer

Westlake Corporation Appoints Jean-Marc Gilson as President

Less than half of directors are independent

Westlake Corporation, Annual General Meeting, May 09, 2024

Insufficient new directors

Insufficient new directors

Recent updates

Third quarter dividend of US$0.53 announced

Westlake Corporation Declares Regular Dividend for the Third Quarter of 2024, Payable on December 12, 2024

New York’s Erie County Water Authority Files an Antitrust Lawsuit Against Atkore, Diamond Plastics, JM Eagle, National Pipe and Plastics, Otter Tail, IPEX and Westlake Corporation

Third quarter 2024 earnings released: EPS: US$0.84 (vs US$2.21 in 3Q 2023)

Westlake Corporation to Report Q3, 2024 Results on Nov 05, 2024

Second quarter dividend increased to US$0.53

Westlake Corporation Declares Quarterly Dividend, Payable on September 5, 2024

Second quarter 2024 earnings released: EPS: US$2.43 (vs US$2.32 in 2Q 2023)

Westlake Corporation to Report Q2, 2024 Results on Aug 06, 2024

Westlake Corporation Appoints Jean-Marc Gilson as Chief Executive Officer

Westlake Corporation Appoints Jean-Marc Gilson as President

Now 22% undervalued

Less than half of directors are independent

Westlake Corporation Declares Regular Dividend for the First Quarter of 2024, Payable on June 6, 2024

Westlake Corporation to Showcase Solutions for Enhancing Your Life Every Day® At NPE 2024

First quarter 2024 earnings released: EPS: US$1.36 (vs US$3.07 in 1Q 2023)

Now 20% undervalued

Westlake Corporation to Report Q1, 2024 Results on May 01, 2024

Westlake Corporation, Annual General Meeting, May 09, 2024

Now 21% undervalued

Fourth quarter dividend of US$0.50 announced

Full year 2023 earnings released: EPS: US$3.75 (vs US$17.47 in FY 2022)

Westlake Corporation Reports Impairment of Goodwill and Long-Lived Assets for the Fourth Quarter Ended December 31, 2023

Westlake Corporation Declares Regular Dividend for the Fourth Quarter of 2024, Payable on March 14, 2024

New major risk - Revenue and earnings growth

Westlake Corporation Announces Involve in Lawsuits

Westlake Corporation Declares Dividend for the Third Quarter of 2023, Payable on December 6, 2023

New major risk - Revenue and earnings growth

Third quarter 2023 earnings released: EPS: US$2.23 (vs US$3.12 in 3Q 2022)

New major risk - Revenue and earnings growth

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

Westlake Introduces High-Performance PIVOTAL Polyethylene Resin with Post-Consumer Content

Westlake Corporation Declares Quarterly Dividend for the Second Quarter of 2023, Payable on September 12, 2023

Second quarter 2023 earnings released: EPS: US$2.33 (vs US$6.65 in 2Q 2022)

Now 21% undervalued

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

Westlake Royal Building Products USA, Inc. Announces New Protective Film for Kleer®? Pvc Trim and Sheet Products

Westlake Corporation Declares Dividend for the First Quarter of 2023, Payable on June 8, 2023

First quarter 2023 earnings released: EPS: US$3.09 (vs US$5.87 in 1Q 2022)

Insufficient new directors

Full year 2022 earnings released: EPS: US$17.56 (vs US$15.66 in FY 2021)

Westlake Corporation Declares Dividend for the Fourth Quarter of 2022, Payable on March 16, 2023

Westlake Corporation to Report Q4, 2022 Results on Feb 21, 2023

Insufficient new directors

Insufficient new directors

Westlake Corporation Declares Quarterly Dividend, Payable on December 9, 2022

Third quarter 2022 earnings released: EPS: US$3.13 (vs US$4.72 in 3Q 2021)

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

VP & Chief Accounting Officer recently sold US$58k worth of stock

Westlake Corporation Declares Dividend for the Second Quarter of 2022, Payable on September 6, 2022

Second quarter 2022 earnings released: EPS: US$6.69 (vs US$4.06 in 2Q 2021)

Westlake Corporation to Report Q2, 2022 Results on Aug 02, 2022

Investor sentiment deteriorated over the past week

Westlake Corporation Declares Regular Dividend Distribution for the First Quarter of 2022, Payable on June 7, 2022

First quarter 2022 earnings released: EPS: US$5.90 (vs US$1.88 in 1Q 2021)

Insufficient new directors

Westlake Corporation to Report Q1, 2022 Results on May 03, 2022

Westlake Corporation, Annual General Meeting, May 12, 2022

Executive Vice President of Housing recently sold US$315k worth of stock

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

Westlake Corporation Declares Dividend for the fourth quarter 2021, Payable on March 15, 2022

Insufficient new directors

Westlake Royal Building Products Showcases Innovative and Diverse Range of Industry-Leading Products At 2022 International Builders’ Show

Westlake Chemical Corporation's Company Westlake Royal Building Products™ Debuts New Brand and Roofing Lines at 2022 International Roofing Expo

Westlake Chemical Corporation to Report Q4, 2021 Results on Feb 22, 2022

Insufficient new directors

Insufficient new directors

Executive VP & CFO recently sold US$628k worth of stock

Third quarter 2021 earnings released: EPS US$4.71 (vs US$0.45 in 3Q 2020)