Universal Display Management

Management criteria checks 3/4

Universal Display's CEO is Steve Abramson, appointed in May 1996, has a tenure of 28.5 years. total yearly compensation is $9.26M, comprised of 9.5% salary and 90.5% bonuses, including company stock and options. directly owns 0.49% of the company’s shares, worth $39.11M. The average tenure of the management team and the board of directors is 12.6 years and 17.4 years respectively.

Key information

Steve Abramson

Chief executive officer

US$9.3m

Total compensation

CEO salary percentage	9.5%
CEO tenure	28.5yrs
CEO ownership	0.5%
Management average tenure	12.6yrs
Board average tenure	17.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Steve Abramson's remuneration changed compared to Universal Display's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$237m
Jun 30 2024	n/a	n/a	US$222m
Mar 31 2024	n/a	n/a	US$219m
Dec 31 2023	US$9m	US$878k	US$202m
Sep 30 2023	n/a	n/a	US$205m
Jun 30 2023	n/a	n/a	US$207m
Mar 31 2023	n/a	n/a	US$199m
Dec 31 2022	US$10m	US$843k	US$209m
Sep 30 2022	n/a	n/a	US$190m
Jun 30 2022	n/a	n/a	US$182m
Mar 31 2022	n/a	n/a	US$181m
Dec 31 2021	US$11m	US$814k	US$183m
Sep 30 2021	n/a	n/a	US$191m
Jun 30 2021	n/a	n/a	US$185m
Mar 31 2021	n/a	n/a	US$146m
Dec 31 2020	US$18m	US$781k	US$132m
Sep 30 2020	n/a	n/a	US$105m
Jun 30 2020	n/a	n/a	US$102m
Mar 31 2020	n/a	n/a	US$144m
Dec 31 2019	US$13m	US$744k	US$137m
Sep 30 2019	n/a	n/a	US$130m
Jun 30 2019	n/a	n/a	US$116m
Mar 31 2019	n/a	n/a	US$83m
Dec 31 2018	US$7m	US$702k	US$58m
Sep 30 2018	n/a	n/a	US$71m
Jun 30 2018	n/a	n/a	US$62m
Mar 31 2018	n/a	n/a	US$98m
Dec 31 2017	US$5m	US$667k	US$102m

Compensation vs Market: Steve's total compensation ($USD9.26M) is above average for companies of similar size in the UK market ($USD3.25M).

Compensation vs Earnings: Steve's compensation has been consistent with company performance over the past year.

CEO

Steve Abramson (72 yo)

28.5yrs

Tenure

US$9,255,652

Compensation

Mr. Steven V. Abramson, also known as Steve, has been the Chief Executive Officer and President of Universal Display Corporation since December 2007 and May 1996 respectively. Mr. Abramson served as the Pr...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Steven Abramson	President	28.5yrs	US$9.26m	0.49% $ 39.1m
Brian Millard	VP, CFO & Treasurer	2.2yrs	US$2.68m	0.012% $ 980.6k
Julia Brown	Executive VP & Chief Technical Officer	22.4yrs	US$6.65m	0.12% $ 9.4m
Mauro Premutico	Senior VP of Planning	12.6yrs	US$5.27m	0.031% $ 2.5m
Janice Mahon	Senior VP of Technology Commercialization & GM of Commercial Sales Business	3.6yrs	US$4.27m	no data
Darice Liu	Senior Director of Investor Relations & Corporate Communications	no data	no data	no data

12.6yrs

Average Tenure

63yo

Average Age

Experienced Management: 0LJE's management team is seasoned and experienced (12.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Steven Abramson	President	28.5yrs	US$9.26m	0.49% $ 39.1m
Sidney Rosenblatt	Chair of the Board of Directors	28.5yrs	US$3.22m	0.33% $ 25.8m
Elizabeth Gemmill	Lead Independent Director	27.6yrs	US$387.77k	0.21% $ 16.3m
C. Hartley	Independent Director	24.2yrs	US$351.55k	0.17% $ 13.7m
Lawrence Lacerte	Independent Director	25.1yrs	US$343.78k	0.26% $ 20.4m
Stephen Forrest	Member of the Scientific Advisory Board	no data	no data	no data
Nigel Brown	Independent Director	less than a year	no data	0.0015% $ 120.9k
Cynthia Comparin	Independent Director	4.8yrs	US$317.91k	0.013% $ 1.0m
Richard Elias	Independent Director	10.6yrs	US$325.67k	0.029% $ 2.3m
Mark Thompson	Member of the Scientific Advisory Board	no data	no data	no data
Joan Lau	Independent Director	less than a year	no data	0.0015% $ 120.9k
Celia Joseph	Independent Director	4.8yrs	US$310.15k	0.013% $ 1.0m

17.4yrs

Average Tenure

71yo

Average Age

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

Universal Display Management

Management criteria checks 3/4

Key information

Recent management updates

Independent Director recently sold US$975k worth of stock

Executive VP & Chief Technical Officer recently sold US$1.8m worth of stock

Universal Display Corporation, Annual General Meeting, Jun 20, 2024

Universal Display Corporation Announces the Appointment of Dr. Nigel Brown and Dr. Joan Lau to the Board of Directors

Independent Director recently sold US$1.2m worth of stock

Senior VP of Planning recently sold US$1.5m worth of stock

Recent updates

Third quarter dividend of US$0.40 announced

Universal Display Corporation Revises Revenue Guidance for the Year 2024

Third quarter 2024 earnings released: EPS: US$1.40 (vs US$1.08 in 3Q 2023)

Universal Display Corporation Approves Fourth Quarter Cash Dividend, Payable on December 31, 2024

Universal Display Corporation to Report Q3, 2024 Results on Oct 30, 2024

Investor sentiment improves as stock rises 17%

Upcoming dividend of US$0.40 per share

Independent Director recently sold US$975k worth of stock

Second quarter dividend of US$0.40 announced

New minor risk - Share price stability

Second quarter 2024 earnings released: EPS: US$1.10 (vs US$1.04 in 2Q 2023)

Universal Display Corporation Revises Revenue Guidance for the Year 2024

Universal Display Corporation to Report Q2, 2024 Results on Aug 01, 2024

Upcoming dividend of US$0.40 per share

First quarter dividend of US$0.40 announced

Executive VP & Chief Technical Officer recently sold US$1.8m worth of stock

First quarter 2024 earnings released: EPS: US$1.20 (vs US$0.83 in 1Q 2023)

Universal Display Corporation Approves Second Quarter Cash Dividend, Payable on June 28, 2024

Universal Display Corporation, Annual General Meeting, Jun 20, 2024

Universal Display Corporation to Report Q1, 2024 Results on May 02, 2024

Universal Display Corporation Announces the Appointment of Dr. Nigel Brown and Dr. Joan Lau to the Board of Directors

Upcoming dividend of US$0.40 per share

Fourth quarter dividend increased to US$0.40

Independent Director recently sold US$1.2m worth of stock

Full year 2023 earnings released: EPS: US$4.27 (vs US$4.41 in FY 2022)

Universal Display Corporation Provides Revenue Guidance for the Year 2024

Universal Display Corporation to Report Q4, 2023 Results on Feb 22, 2024

Upcoming dividend of US$0.35 per share at 0.8% yield

Universal Display Corporation Provides Revenue Guidance for the 2023

Universal Display Corporation Provides Revenue Guidance for the 2023

Universal Display Corporation Approves Cash Dividend for the Fourth Quarter, Payable on December 29, 2023

Third quarter 2023 earnings released: EPS: US$1.08 (vs US$1.12 in 3Q 2022)

Universal Display Corporation to Report Q3, 2023 Results on Nov 02, 2023

Senior VP of Planning recently sold US$1.5m worth of stock

Upcoming dividend of US$0.35 per share at 0.9% yield

New minor risk - Share price stability

Universal Display Corporation Revises Revenue Guidance for the Year 2023

Second quarter 2023 earnings released: EPS: US$1.04 (vs US$0.87 in 2Q 2022)

Universal Display Corporation to Report Q2, 2023 Results on Aug 03, 2023

Executive VP & Chief Technical Officer recently sold US$785k worth of stock

Upcoming dividend of US$0.35 per share at 0.9% yield

Independent Director recently sold US$2.1m worth of stock

First quarter 2023 earnings released: EPS: US$0.84 (vs US$1.05 in 1Q 2022)

Universal Display Corporation Announces Second Quarter Cash Dividend, Payable on June 30, 2023

Upcoming dividend of US$0.35 per share at 1.0% yield

Independent Director recently sold US$2.9m worth of stock

Full year 2022 earnings released: EPS: US$4.43 (vs US$3.87 in FY 2021)

Insufficient new directors

Universal Display Corporation to Report Q4, 2022 Results on Feb 23, 2023

Universal Display Corporation Reaffirms Revenue Guidance for the Year 2022

Investor sentiment improved over the past week

Upcoming dividend of US$0.30 per share

Universal Display Corporation Announces Board Changes

Independent Director recently sold US$3.3m worth of stock

Third quarter 2022 earnings released: EPS: US$1.13 (vs US$0.97 in 3Q 2021)

Universal Display Corporation Reaffirms Revenue Guidance for the Fiscal Year 2022

Universal Display Corporation to Report Q3, 2022 Results on Nov 03, 2022

Now 21% undervalued after recent price drop

Upcoming dividend of US$0.30 per share

Executive VP recently sold US$5.4m worth of stock

Independent Director recently sold US$1.2m worth of stock

Universal Display Corporation Revises Revenue Guidance for 2022

Second quarter 2022 earnings released: EPS: US$0.88 (vs US$0.85 in 2Q 2021)

Universal Display Corporation Announces Chief Financial Officer Changes

Universal Display Corporation to Report Q2, 2022 Results on Aug 04, 2022

Now 20% undervalued after recent price drop

Investor sentiment deteriorated over the past week

Upcoming dividend of US$0.30 per share

First quarter 2022 earnings released: EPS: US$1.06 (vs US$1.09 in 1Q 2021)