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Veritiv Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Sal Abbate

Chief executive officer

US$6.1m

Total compensation

CEO salary percentage14.9%
CEO tenure3yrs
CEO ownership0.5%
Management average tenure2.9yrs
Board average tenure3.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Sal Abbate's remuneration changed compared to Veritiv's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2023n/an/a

US$308m

Mar 31 2023n/an/a

US$328m

Dec 31 2022US$6mUS$900k

US$338m

Sep 30 2022n/an/a

US$323m

Jun 30 2022n/an/a

US$267m

Mar 31 2022n/an/a

US$202m

Dec 31 2021US$5mUS$800k

US$145m

Sep 30 2021n/an/a

US$120m

Jun 30 2021n/an/a

US$101m

Mar 31 2021n/an/a

US$56m

Dec 31 2020US$3mUS$606k

US$34m

Sep 30 2020n/an/a

US$6m

Jun 30 2020n/an/a

-US$10m

Mar 31 2020n/an/a

-US$3m

Dec 31 2019US$2mUS$560k

-US$29m

Sep 30 2019n/an/a

-US$24m

Jun 30 2019n/an/a

-US$27m

Mar 31 2019n/an/a

-US$27m

Dec 31 2018US$2mUS$327k

-US$16m

Compensation vs Market: Sal's total compensation ($USD6.05M) is above average for companies of similar size in the MX market ($USD872.09K).

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


CEO

Sal Abbate (54 yo)

3yrs

Tenure

US$6,054,490

Compensation

Mr. Salvatore A. Abbate, also known as Sal, is Chief Executive Officer at Veritiv Corp. since September 30, 2020 and serves as its Director since September 2020. He serves as Director at ArcBest Corporatio...


Leadership Team

NamePositionTenureCompensationOwnership
Salvatore Abbate
CEO & Director3yrsUS$6.05m0.54%
MX$ 210.7m
Karen Renner
Senior VP & Chief Information Officer2.8yrsUS$1.90m0.031%
MX$ 12.0m
Susan Salyer
Senior VP1.3yrsUS$1.89m0.065%
MX$ 25.3m
Eric Guerin
Senior VP & CFOless than a yearno data0%
MX$ 0
Michael Walkenhorst
Senior Vice President of Packaging & Global Operations2.2yrsno data0.13%
MX$ 51.2m
Scott Palfreeman
Vice President of Finance & Investor Relationsno datano datano data
Peter Troup
Vice President of Corporate Development7.6yrsno datano data
Daniel Calderwood
Senior Vice President of Facility Solutions2.9yrsno data0.13%
MX$ 51.0m
Stephanie Mayerle
Senior Vice President of Sales2.9yrsno data0.080%
MX$ 31.1m
Dean Adelman
Senior VP & Chief Human Resources Officer4.5yrsno data0.22%
MX$ 86.2m
Guilherme De Mello
VP of Financial Planning & Analysis and Treasurer3.6yrsUS$2.32mno data
Lance Gebert
Corporate Controllerno datano data0.026%
MX$ 10.1m

2.9yrs

Average Tenure

51yo

Average Age

Experienced Management: VRTV *'s management team is considered experienced (2.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Salvatore Abbate
CEO & Director3yrsUS$6.05m0.54%
MX$ 210.7m
Charles Ward
Independent Director9.3yrsUS$235.00k0.15%
MX$ 57.5m
Michael Muldowney
Independent Director9.3yrsUS$250.00k0%
MX$ 0
Tracy Leinbach
Independent Director9.3yrsUS$230.00k0.16%
MX$ 64.1m
Stephen Macadam
Independent Chairman3.6yrsUS$355.00k0.060%
MX$ 23.3m
Gregory Morrison
Independent Director2.3yrsUS$225.00k0.030%
MX$ 11.7m
Autumn Bayles
Independent Director1.3yrsUS$196.67k0.016%
MX$ 6.2m
David Flitman
Independent Director6.2yrsUS$235.00k0.0089%
MX$ 3.5m
Shantella Cooper
Independent Director3.6yrsUS$225.00k0%
MX$ 0

3.6yrs

Average Tenure

59yo

Average Age

Experienced Board: VRTV *'s board of directors are considered experienced (3.6 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/09/18 18:24
End of Day Share Price 2023/06/21 00:00
Earnings2023/06/30
Annual Earnings2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Veritiv Corporation is covered by 5 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Scott GaffnerBarclays
George StaphosBofA Global Research
James ClementMacquarie Research