Methanex Management
Management criteria checks 1/4
Methanex's CEO is Rich Sumner, appointed in Jan 2023, has a tenure of 1.25 years. total yearly compensation is $5.30M, comprised of 14.7% salary and 85.3% bonuses, including company stock and options. directly owns 0.047% of the company’s shares, worth MX$25.40M. The average tenure of the management team and the board of directors is 1.3 years and 5.3 years respectively.
Key information
Rich Sumner
Chief executive officer
US$5.3m
Total compensation
CEO salary percentage | 14.7% |
CEO tenure | 1.3yrs |
CEO ownership | 0.05% |
Management average tenure | 1.3yrs |
Board average tenure | 5.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Dec 31 2023 | US$5m | US$777k | US$174m |
Sep 30 2023 | n/a | n/a | US$182m |
Jun 30 2023 | n/a | n/a | US$227m |
Mar 31 2023 | n/a | n/a | US$295m |
Dec 31 2022 | US$2m | US$367k | US$354m |
Sep 30 2022 | n/a | n/a | US$513m |
Jun 30 2022 | n/a | n/a | US$515m |
Mar 31 2022 | n/a | n/a | US$496m |
Dec 31 2021 | US$1m | US$334k | US$482m |
Sep 30 2021 | n/a | n/a | US$255m |
Jun 30 2021 | n/a | n/a | US$97m |
Mar 31 2021 | n/a | n/a | -US$75m |
Dec 31 2020 | US$1m | US$316k | -US$157m |
Compensation vs Market: Rich's total compensation ($USD5.30M) is above average for companies of similar size in the MX market ($USD1.57M).
Compensation vs Earnings: Rich's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Rich Sumner (48 yo)
1.3yrs
Tenure
US$5,295,634
Compensation
Mr. Richard W. Sumner, also known as Rich, serves as President, CEO & Director at Methanex Corporation since January 1, 2023. He served as Senior Vice President of Global Marketing & Logistics for Methanex...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
President | 1.3yrs | US$5.30m | 0.047% $ 25.4m | |
Senior VP of Finance & Chief Financial Officer | 1.2yrs | US$1.85m | 0.036% $ 19.3m | |
Senior Vice President of Global Marketing & Logistics | 1.3yrs | US$1.74m | 0.0050% $ 2.7m | |
Senior Vice President of Corporate Resources | 6.3yrs | US$1.51m | 0.061% $ 32.7m | |
Senior Vice President of Manufacturing | 1.3yrs | US$1.80m | 0.035% $ 18.9m | |
Director of Investor Relations | no data | no data | no data | |
Senior VP | no data | no data | 0.022% $ 11.9m | |
Senior Vice President of Corporate Development | 1.3yrs | no data | 0.025% $ 13.3m | |
Senior Vice President of Low Carbon Solutions | 1.3yrs | no data | 0.022% $ 12.0m | |
Plant Manager | no data | no data | 0.025% $ 13.3m |
1.3yrs
Average Tenure
Experienced Management: MEOH N's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
President | 1.3yrs | US$5.30m | 0.047% $ 25.4m | |
Independent Director | 4yrs | US$214.62k | 0.016% $ 8.8m | |
Independent Director | 15.6yrs | US$229.16k | 0.040% $ 21.5m | |
Independent Director | 8.2yrs | US$245.98k | 0.0089% $ 4.8m | |
Independent Director | 5.5yrs | US$242.71k | 0.035% $ 18.9m | |
Independent Director | 5.8yrs | US$222.07k | 0.039% $ 20.9m | |
Independent Director | 5yrs | US$221.61k | 0.019% $ 10.2m | |
Independent Chairman of the Board | 7.5yrs | US$376.55k | 0.0013% $ 720.4k | |
Independent Director | 9yrs | US$217.46k | 0.014% $ 7.6m | |
Independent Director | 4.8yrs | US$217.30k | 0.0089% $ 4.8m | |
Director | less than a year | US$50.94k | no data | |
Independent Director | 2.3yrs | US$204.80k | 0.0010% $ 559.1k |
5.3yrs
Average Tenure
63yo
Average Age
Experienced Board: MEOH N's board of directors are considered experienced (5.3 years average tenure).