Ingevity Corporation

BMV:NGVT * Stock Report

Market Cap: Mex$33.9b

Ingevity Management

Management criteria checks 2/4

Ingevity's CEO is John Fortson, appointed in Sep 2020, has a tenure of 2.75 years. total yearly compensation is $5.39M, comprised of 17.2% salary and 82.8% bonuses, including company stock and options. directly owns 0.2% of the company’s shares, worth MX$66.68M. The average tenure of the management team and the board of directors is 1.8 years and 4.3 years respectively.

Key information

John Fortson

Chief executive officer

US$5.4m

Total compensation

CEO salary percentage17.2%
CEO tenure2.8yrs
CEO ownership0.2%
Management average tenure1.8yrs
Board average tenure4.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has John Fortson's remuneration changed compared to Ingevity's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2023n/an/a

US$202m

Dec 31 2022US$5mUS$930k

US$212m

Sep 30 2022n/an/a

US$225m

Jun 30 2022n/an/a

US$146m

Mar 31 2022n/an/a

US$130m

Dec 31 2021US$5mUS$825k

US$118m

Sep 30 2021n/an/a

US$135m

Jun 30 2021n/an/a

US$209m

Mar 31 2021n/an/a

US$185m

Dec 31 2020US$3mUS$630k

US$181m

Sep 30 2020n/an/a

US$180m

Jun 30 2020n/an/a

US$170m

Mar 31 2020n/an/a

US$206m

Dec 31 2019US$3mUS$519k

US$184m

Sep 30 2019n/an/a

US$182m

Jun 30 2019n/an/a

US$171m

Mar 31 2019n/an/a

US$161m

Dec 31 2018US$2mUS$504k

US$169m

Sep 30 2018n/an/a

US$169m

Jun 30 2018n/an/a

US$153m

Mar 31 2018n/an/a

US$138m

Dec 31 2017US$2mUS$489k

US$127m

Sep 30 2017n/an/a

US$94m

Jun 30 2017n/an/a

US$53m

Mar 31 2017n/an/a

US$45m

Dec 31 2016US$3mUS$475k

US$35m

Compensation vs Market: John's total compensation ($USD5.39M) is above average for companies of similar size in the MX market ($USD872.09K).

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

CEO

John Fortson (56 yo)

2.8yrs

Tenure

US$5,394,470

Compensation

Mr. John C. Fortson serves as President, Chief Executive Officer and Director at Ingevity Corporation since September 01, 2020. He served as Interim Chief Financial Officer and Treasurer at Ingevity Corpor...

Leadership Team

NamePositionTenureCompensationOwnership
John Fortson
President2.8yrsUS$5.39m0.20%
MX$ 66.7m
Mary Hall
Executive VP & CFO2.2yrsUS$1.96m0.027%
MX$ 9.1m
Stacy Cozad
Executive VP2.3yrsUS$1.81m0.011%
MX$ 3.8m
Stuart Woodcock
Executive VP & President of Performance Materials8.4yrsUS$1.53m0.038%
MX$ 12.9m
Richard White
Senior VP & President of Performance Chemicals1.4yrsUS$1.23m0.018%
MX$ 6.1m
Phillip Platt
VP, Chief Accounting Officer & Business Transformation Lead7.1yrsno data0.0092%
MX$ 3.1m
John Nypaver
VP of Investor Relations & Treasurer1.4yrsno datano data
Caroline Monahan
Director of Communicationsless than a yearno datano data
Christine Stunyo
Senior VP & Chief Human Resources Officer1yrno data0.0076%
MX$ 2.6m
Steve Hulme
Senior VP & President of Advanced Polymer Technologies1.4yrsno data0.00028%
MX$ 94.8k

1.8yrs

Average Tenure

55yo

Average Age

Experienced Management: NGVT *'s management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
John Fortson
President2.8yrsUS$5.39m0.20%
MX$ 66.7m
Karen Narwold
Independent Director4.3yrsUS$214.16k0.0074%
MX$ 2.5m
Jean Blackwell
Independent Chairman of the Board7.1yrsUS$308.05k0.044%
MX$ 14.8m
Daniel Sansone
Independent Director7.1yrsUS$228.05k0.028%
MX$ 9.5m
Luis Fernandez-Moreno
Independent Director7.1yrsUS$220.05k0.049%
MX$ 16.7m
Frederick Lynch
Independent Director7.1yrsUS$215.55k0.049%
MX$ 16.6m
Diane Gulyas
Independent Director4.3yrsUS$215.55k0.022%
MX$ 7.6m
Bruce Hoechner
Independent Directorless than a yearno datano data
Benjamin Wright
Independent Directorless than a yearUS$143.40kno data
William Slocum
Independent Directorless than a yearUS$143.41kno data

4.3yrs

Average Tenure

61.5yo

Average Age

Experienced Board: NGVT *'s board of directors are considered experienced (4.3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/06/13 20:04
End of Day Share Price 2023/03/16 00:00
Earnings2023/03/31
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.

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 Github.

Analyst Sources

Ingevity Corporation is covered by 10 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Paretosh MisraBerenberg
John McNultyBMO Capital Markets Equity Research
Mark WeintraubBuckingham Research Group Inc.