Atkore Management

Management criteria checks 3/4

Atkore's CEO is Bill Waltz, appointed in Oct 2018, has a tenure of 5.5 years. total yearly compensation is $6.94M, comprised of 14.7% salary and 85.3% bonuses, including company stock and options. directly owns 0.5% of the company’s shares, worth MX$567.46M. The average tenure of the management team and the board of directors is 5.5 years and 6.7 years respectively.

Key information

Bill Waltz

Chief executive officer

US$6.9m

Total compensation

CEO salary percentage	14.7%
CEO tenure	5.5yrs
CEO ownership	0.5%
Management average tenure	5.5yrs
Board average tenure	6.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Bill Waltz's remuneration changed compared to Atkore's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 29 2023	n/a	n/a	US$645m
Sep 30 2023	US$7m	US$1m	US$679m
Jun 30 2023	n/a	n/a	US$758m
Mar 31 2023	n/a	n/a	US$810m
Dec 30 2022	n/a	n/a	US$868m
Sep 30 2022	US$7m	US$919k	US$899m
Jun 24 2022	n/a	n/a	US$880m
Mar 25 2022	n/a	n/a	US$802m
Dec 24 2021	n/a	n/a	US$694m
Sep 30 2021	US$6m	US$823k	US$576m
Jun 25 2021	n/a	n/a	US$431m
Mar 26 2021	n/a	n/a	US$283m
Dec 25 2020	n/a	n/a	US$198m
Sep 30 2020	US$3m	US$706k	US$149m
Jun 26 2020	n/a	n/a	US$141m
Mar 27 2020	n/a	n/a	US$153m
Dec 27 2019	n/a	n/a	US$143m
Sep 30 2019	US$6m	US$700k	US$135m
Jun 28 2019	n/a	n/a	US$122m
Mar 29 2019	n/a	n/a	US$119m
Dec 28 2018	n/a	n/a	US$134m
Sep 30 2018	US$2m	US$490k	US$134m
Jun 29 2018	n/a	n/a	US$124m
Mar 30 2018	n/a	n/a	US$118m
Dec 29 2017	n/a	n/a	US$94m
Sep 30 2017	US$2m	US$420k	US$84m

Compensation vs Market: Bill's total compensation ($USD6.94M) is above average for companies of similar size in the MX market ($USD2.66M).

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

CEO

Bill Waltz (59 yo)

5.5yrs

Tenure

US$6,938,256

Compensation

Mr. William E. Waltz Jr., also known as Bill, serves as Director at Quanex Building Products Corporation since October 07, 2020. He has been the President of Atkore Inc. (formerly known as Atkore Internati...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
William Waltz	President	5.5yrs	US$6.94m	0.50% $ 567.5m
David Johnson	VP, CFO & Chief Accounting Officer	5.7yrs	US$2.23m	0.067% $ 76.8m
Daniel Kelly	VP, General Counsel & Corporate Secretary	10.6yrs	US$1.52m	0.083% $ 95.3m
John Pregenzer	President of Electrical	5.6yrs	US$1.83m	0.083% $ 94.9m
Mark Lamps	Group President of Security & Infrastructure	5.1yrs	US$1.64m	0.072% $ 82.8m
Matthew Kline	Vice President of Treasury & Investor Relations	less than a year	no data	no data
Lisa Winter	Vice President of Corporate Communications	11.4yrs	no data	no data
Melissa Kidd	VP & Senior VP of Sales	2.3yrs	no data	no data
LeAngela D. Lowe	Chief Human Resources Officer	4.8yrs	no data	0.060% $ 68.6m

5.5yrs

Average Tenure

56yo

Average Age

Experienced Management: ATKR *'s management team is seasoned and experienced (5.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
William Waltz	President	5.5yrs	US$6.94m	0.50% $ 567.5m
Betty Wynn	Independent Director	5.7yrs	US$257.55k	0.041% $ 47.1m
Michael Schrock	Independent Chairman of the Board	5.9yrs	US$367.55k	0.046% $ 53.3m
Scott Muse	Independent Director	8.3yrs	US$240.05k	0.052% $ 59.1m
Jeri Isbell	Independent Director	8.3yrs	US$248.80k	0.055% $ 62.9m
A. Zeffiro	Independent Director	9.3yrs	US$237.55k	0.026% $ 29.4m
Wilbert James	Independent Director	6.7yrs	US$237.55k	0.042% $ 47.8m
Justin Kershaw	Independent Director	6.7yrs	US$248.80k	0.043% $ 49.0m
B. Edwards	Independent Director	1.2yrs	US$214.98k	0% $ 0

6.7yrs

Average Tenure

65yo

Average Age

Experienced Board: ATKR *'s board of directors are considered experienced (6.7 years average tenure).

Atkore Management

Management criteria checks 3/4

Key information

Recent management updates

Insufficient new directors

Insufficient new directors

President of Electrical recently sold Mex$13m worth of stock

Independent Director recently sold Mex$11m worth of stock

Atkore Inc. Appoints B. Joanne Edwards to the Nominating & Governance Committee and the Human Resources & Compensation Committee

Insufficient new directors

Recent updates

Atkore Inc. to Report Q2, 2024 Results on May 07, 2024

First quarter 2024 earnings released: EPS: US$3.66 (vs US$4.26 in 1Q 2023)

Atkore Inc. Initiates Quarterly Dividend, Payable on March 15, 2024

Insufficient new directors

Atkore Inc. to Report Q1, 2024 Results on Feb 01, 2024

Insufficient new directors

New major risk - Revenue and earnings growth

Atkore Inc. Provides Earnings Guidance for the Year 2024

Full year 2023 earnings released: EPS: US$17.51 (vs US$20.56 in FY 2022)

Atkore Inc. to Report Fiscal Year 2023 Results on Nov 17, 2023

Atkore Inc. to Report Q3, 2023 Results on Aug 08, 2023

Second quarter 2023 earnings released: EPS: US$4.37 (vs US$5.14 in 2Q 2022)

President of Electrical recently sold Mex$13m worth of stock

Investor sentiment improves as stock rises 16%

Independent Director recently sold Mex$11m worth of stock

Atkore Inc. Appoints B. Joanne Edwards to the Nominating & Governance Committee and the Human Resources & Compensation Committee

First quarter 2023 earnings released: EPS: US$4.26 (vs US$4.38 in 1Q 2022)

Insufficient new directors

Atkore Inc. to Report Q1, 2023 Results on Feb 01, 2023

Insufficient new directors

Atkore Inc., Annual General Meeting, Jan 27, 2023

Insufficient new directors

Atkore Inc. Names Joanne (Barbara) Edwards as New Director, Effective February 1, 2023

Atkore Inc. Provides Earnings Guidance for the Full-Year 2023

Atkore Inc. (NYSE:ATKR) acquired Assets of Elite Polymer Solutions for approximately $92 million.

Atkore Inc. to Report Q4, 2022 Results on Nov 18, 2022

Insufficient new directors

Insufficient new directors

Atkore Inc. (NYSE:ATKR) acquired Cascade Poly Pipe & Conduit and Northwest Polymers.

Now 23% undervalued after recent price drop

Third quarter 2022 earnings released: EPS: US$5.81 (vs US$3.69 in 3Q 2021)

Atkore Inc. Provides Sales Guidance for the Full Year of 2022

Insufficient new directors

Atkore Inc. to Report Q3, 2022 Results on Aug 02, 2022

Atkore Inc. (NYSE:ATKR) acquired United Poly Systems, LLC from Industrial Opportunity Partners III, L.P. managed by Industrial Opportunity Partners, LLC.

Investor sentiment deteriorated over the past week

Now 30% undervalued after recent price drop

President recently sold Mex$46m worth of stock

Insufficient new directors

Atkore Inc. (NYSE:ATKR) acquired Assets Of Talon Products, LLC.

Insider recently sold Mex$1.9m worth of stock

Atkore Inc. Provides Financial Guidance for the Fiscal Year 2022

Second quarter 2022 earnings released: EPS: US$5.14 (vs US$2.62 in 2Q 2021)

Insufficient new directors

Atkore Inc. to Report Q2, 2022 Results on May 03, 2022

Insider recently sold Mex$7.6m worth of stock

President recently sold Mex$80m worth of stock

First quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

Insufficient new directors

Atkore Inc. Provides Financial Guidance for the Fiscal Year 2022

Atkore Inc. (NYSE:ATKR) acquired Assets of Four Star Industries LLP.

Atkore Inc. (NYSE:ATKR) acquired Sasco Tubes And Roll Forming Inc.

Insufficient new directors

Independent Director recently sold Mex$8.2m worth of stock

Full year 2021 earnings released: EPS US$12.38 (vs US$3.15 in FY 2020)

Insufficient new directors

Insufficient new directors

Insufficient new directors

President recently sold Mex$99m worth of stock

Investor sentiment improved over the past week

Atkore Inc. Provides Earnings Guidance for the Full Year of 2021

Third quarter 2021 earnings released: EPS US$3.69 (vs US$0.50 in 3Q 2020)

Independent Director recently sold Mex$6.4m worth of stock

Independent Director recently sold Mex$17m worth of stock

Second quarter 2021 earnings released: EPS US$2.62 (vs US$0.81 in 2Q 2020)

Atkore Inc. Revises Earnings Guidance for the Full Year 2021

Insider recently sold Mex$2.3m worth of stock

Insider recently sold Mex$517k worth of stock

Atkore Inc. (NYSE:ATKR) acquired FRE Composites (2005) Inc..