Steel Dynamics Management
Management criteria checks 3/4
Steel Dynamics' CEO is Mark Millett, appointed in Jan 1993, has a tenure of 33.67 years. total yearly compensation is $12.06M, comprised of 12.7% salary and 87.3% bonuses, including company stock and options. directly owns 2.1% of the company’s shares, worth MX$12.26B. The average tenure of the management team and the board of directors is 10.5 years and 9.1 years respectively.
Key information
Mark Millett
Chief executive officer
US$12.1m
Total compensation
| CEO salary percentage | 12.73% |
| CEO tenure | 33.7yrs |
| CEO ownership | 2.1% |
| Management average tenure | 10.5yrs |
| Board average tenure | 9.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2026 | n/a | n/a | US$2b |
| Mar 31 2026 | n/a | n/a | US$1b |
| Dec 31 2025 | US$12m | US$2m | US$1b |
| Sep 30 2025 | n/a | n/a | US$1b |
| Jun 30 2025 | n/a | n/a | US$1b |
| Mar 31 2025 | n/a | n/a | US$1b |
| Dec 31 2024 | US$12m | US$1m | US$2b |
| Sep 30 2024 | n/a | n/a | US$2b |
| Jun 30 2024 | n/a | n/a | US$2b |
| Mar 31 2024 | n/a | n/a | US$2b |
| Dec 31 2023 | US$12m | US$1m | US$2b |
| Sep 30 2023 | n/a | n/a | US$3b |
| Jun 30 2023 | n/a | n/a | US$3b |
| Mar 31 2023 | n/a | n/a | US$3b |
| Dec 31 2022 | US$11m | US$1m | US$4b |
| Sep 30 2022 | n/a | n/a | US$4b |
| Jun 30 2022 | n/a | n/a | US$4b |
| Mar 31 2022 | n/a | n/a | US$4b |
| Dec 31 2021 | US$11m | US$1m | US$3b |
| Sep 30 2021 | n/a | n/a | US$2b |
| Jun 30 2021 | n/a | n/a | US$1b |
| Mar 31 2021 | n/a | n/a | US$794m |
| Dec 31 2020 | US$11m | US$1m | US$551m |
| Sep 30 2020 | n/a | n/a | US$484m |
| Jun 30 2020 | n/a | n/a | US$535m |
| Mar 31 2020 | n/a | n/a | US$654m |
| Dec 31 2019 | US$11m | US$1m | US$671m |
Compensation vs Market: Mark's total compensation ($USD12.06M) is above average for companies of similar size in the MX market ($USD5.26M).
Compensation vs Earnings: Mark's compensation has been consistent with company performance over the past year.
CEO
Mark Millett (66 yo)
Mr. Mark D. Millett is a Co-founder of Steel Dynamics, Inc. since 1993 and has been its Chief Executive Officer since January 01, 2012 and also serves as its Chairman of the Board since May 24, 2021 and wa...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 33.7yrs | US$12.06m | 2.1% MX$ 12.3b | |
| Executive VP | 19.3yrs | US$6.52m | 0.35% MX$ 2.0b | |
| Executive VP & CTO | no data | US$6.99m | 0.16% MX$ 907.7m | |
| Executive VP & COO of Flat Rolled Steel Operations | 10.5yrs | US$4.24m | 0.048% MX$ 279.3m | |
| Investor Relations Director | no data | no data | no data | |
| Executive VP & COO of Construction Products Operations | 4.5yrs | no data | 0.072% MX$ 417.9m | |
| Executive VP and COO of Aluminum Flat Rolled Products & Metals Recycling Operations | 7.6yrs | no data | 0.085% MX$ 496.8m | |
| Executive VP & Treasurer | 18.1yrs | no data | 0.020% MX$ 115.5m | |
| Investor Relations Manager | no data | no data | no data |
Experienced Management: STLD *'s management team is seasoned and experienced (10.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 33.7yrs | US$12.06m | 2.1% MX$ 12.3b | |
| Executive VP | less than a year | US$6.52m | 0.35% MX$ 2.0b | |
| Independent Director | 14.1yrs | US$352.60k | 0.041% MX$ 239.6m | |
| Independent Director | 12.8yrs | US$347.60k | 0.036% MX$ 209.7m | |
| Independent Director | 7.9yrs | US$327.60k | 0.019% MX$ 110.1m | |
| Lead Independent Director | 10.3yrs | US$387.60k | 0.022% MX$ 130.1m | |
| Independent Director | 4.8yrs | US$337.60k | 0.0080% MX$ 46.8m | |
| Independent Director | 3yrs | US$327.60k | 0.0037% MX$ 21.8m |
Experienced Board: STLD *'s board of directors are considered experienced (9.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/09/09 09:41 |
| End of Day Share Price | 2026/08/03 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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Learn about the 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
Steel Dynamics, Inc. is covered by 33 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Gagliano | Barclays |
| Richard Garchitorena | Barclays |
| Katja Jancic | BMO Capital Markets Equity Research |