Dorman Products Management
Management criteria checks 3/4
Dorman Products' CEO is Kevin Olsen, appointed in Aug 2018, has a tenure of 6.25 years. total yearly compensation is $4.22M, comprised of 21% salary and 79% bonuses, including company stock and options. directly owns 0.1% of the company’s shares, worth $4.35M. The average tenure of the management team and the board of directors is 5.6 years and 7.5 years respectively.
Key information
Kevin Olsen
Chief executive officer
US$4.2m
Total compensation
| CEO salary percentage | 21.0% |
| CEO tenure | 6.3yrs |
| CEO ownership | 0.1% |
| Management average tenure | 5.6yrs |
| Board average tenure | 7.5yrs |
Recent management updates
Recent updates
Earnings Not Telling The Story For Dorman Products, Inc. (NASDAQ:DORM) After Shares Rise 25%
Nov 06
Is Dorman Products (NASDAQ:DORM) Using Too Much Debt?
Oct 21Getting In Cheap On Dorman Products, Inc. (NASDAQ:DORM) Is Unlikely
Sep 19At US$110, Is Dorman Products, Inc. (NASDAQ:DORM) Worth Looking At Closely?
Sep 04Here's Why We Think Dorman Products (NASDAQ:DORM) Might Deserve Your Attention Today
Aug 19Dorman Products: Significant Bottom-Line Growth Turns Into Favorable Risk/Reward Prospect
Aug 14Dorman Products: Light Duty Segment Leads Sales Growth
Aug 07Is Dorman Products (NASDAQ:DORM) Using Too Much Debt?
Jul 11Dorman Products: The Average Age Of U.S. Vehicles Is Rising
May 10Why We're Not Concerned About Dorman Products, Inc.'s (NASDAQ:DORM) Share Price
May 03These 4 Measures Indicate That Dorman Products (NASDAQ:DORM) Is Using Debt Reasonably Well
Apr 11Should You Think About Buying Dorman Products, Inc. (NASDAQ:DORM) Now?
Mar 23Dorman Products: The Time For An Upgrade Is Here At Last (Rating Upgrade)
Feb 27Getting In Cheap On Dorman Products, Inc. (NASDAQ:DORM) Might Be Difficult
Dec 20An Intrinsic Calculation For Dorman Products, Inc. (NASDAQ:DORM) Suggests It's 43% Undervalued
Nov 23Dorman Products (NASDAQ:DORM) Has A Somewhat Strained Balance Sheet
Sep 22Dorman Products (NASDAQ:DORM) Has A Somewhat Strained Balance Sheet
Jun 22Here's Why Dorman Products (NASDAQ:DORM) Can Manage Its Debt Responsibly
Mar 14Here's Why Dorman Products (NASDAQ:DORM) Can Manage Its Debt Responsibly
Dec 08If EPS Growth Is Important To You, Dorman Products (NASDAQ:DORM) Presents An Opportunity
Sep 12Dorman Products: Adding More Products
Aug 26We Think Dorman Products (NASDAQ:DORM) Can Stay On Top Of Its Debt
Aug 24Dorman Products to acquire SuperATV for $490M plus $100M conditional earn-out
Aug 18CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 28 2024 | n/a | n/a | US$186m |
| Jun 29 2024 | n/a | n/a | US$171m |
| Mar 30 2024 | n/a | n/a | US$156m |
| Dec 31 2023 | US$4m | US$885k | US$129m |
| Sep 30 2023 | n/a | n/a | US$97m |
| Jul 01 2023 | n/a | n/a | US$87m |
| Apr 01 2023 | n/a | n/a | US$92m |
| Dec 31 2022 | US$3m | US$807k | US$122m |
| Sep 24 2022 | n/a | n/a | US$138m |
| Jun 25 2022 | n/a | n/a | US$140m |
| Mar 26 2022 | n/a | n/a | US$134m |
| Dec 25 2021 | US$3m | US$665k | US$132m |
| Sep 25 2021 | n/a | n/a | US$133m |
| Jun 26 2021 | n/a | n/a | US$135m |
| Mar 27 2021 | n/a | n/a | US$117m |
| Dec 26 2020 | US$2m | US$615k | US$107m |
| Sep 26 2020 | n/a | n/a | US$88m |
| Jun 27 2020 | n/a | n/a | US$76m |
| Mar 28 2020 | n/a | n/a | US$83m |
| Dec 28 2019 | US$2m | US$600k | US$84m |
| Sep 28 2019 | n/a | n/a | US$101m |
| Jun 29 2019 | n/a | n/a | US$114m |
| Mar 30 2019 | n/a | n/a | US$126m |
| Dec 29 2018 | US$873k | US$437k | US$134m |
| Sep 29 2018 | n/a | n/a | US$121m |
| Jun 30 2018 | n/a | n/a | US$114m |
| Mar 31 2018 | n/a | n/a | US$108m |
| Dec 30 2017 | US$860k | US$414k | US$107m |
Compensation vs Market: Kevin's total compensation ($USD4.22M) is below average for companies of similar size in the US market ($USD6.60M).
Compensation vs Earnings: Kevin's compensation has increased by more than 20% in the past year.
CEO
Kevin Olsen (52 yo)
6.3yrs
Tenure
US$4,219,066
Compensation
Mr. Kevin M. Olsen serves as Independent Director of Twin Disc, Incorporated from August 2022. He has been President of Dorman Products, Inc. since August 6, 2018 and its Chief Executive Officer and Direct...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Non-Executive Chairman | 46.8yrs | US$572.42k | 4.09% $ 174.1m | |
| President | 6.3yrs | US$4.22m | 0.10% $ 4.3m | |
| Senior VP | 5.7yrs | US$1.26m | 0.030% $ 1.3m | |
| Senior VP | 5.6yrs | US$1.13m | 0.020% $ 843.0k | |
| Senior Vice President of Sales & Marketing | 13.8yrs | US$1.28m | 0.032% $ 1.4m | |
| President of Heavy Duty | 1.7yrs | US$1.24m | 0.014% $ 604.7k | |
| Senior VP & Chief Information Officer | 9.6yrs | no data | 0.066% $ 2.8m | |
| Senior Vice President of Strategy & Corporate Development | 1.8yrs | no data | 0.013% $ 555.8k | |
| Senior VP & Chief Human Resources Officer | 5.6yrs | no data | 0.044% $ 1.9m | |
| Senior Vice President of Product | 2.9yrs | no data | 0.022% $ 955.4k | |
| President & CEO of Specialty Vehicles | 2.1yrs | no data | 0.020% $ 835.4k |
5.6yrs
Average Tenure
53.5yo
Average Age
Experienced Management: DORM's management team is seasoned and experienced (5.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Non-Executive Chairman | 46.8yrs | US$572.42k | 4.09% $ 174.1m | |
| President | 5.8yrs | US$4.22m | 0.10% $ 4.3m | |
| Independent Director | 9.2yrs | US$214.92k | 0.040% $ 1.7m | |
| Independent Lead Director | 14.7yrs | US$247.42k | 0.087% $ 3.7m | |
| Independent Director | 4.2yrs | US$204.92k | 0.014% $ 613.7k | |
| Independent Director | 8.1yrs | US$219.92k | 0.031% $ 1.3m | |
| Independent Director | 7yrs | US$204.92k | 0.027% $ 1.2m | |
| Independent Director | 3.1yrs | US$204.92k | 0.013% $ 573.2k |
7.5yrs
Average Tenure
64yo
Average Age
Experienced Board: DORM's board of directors are considered experienced (7.5 years average tenure).