PHINIA Management
Management criteria checks 0/4
PHINIA's CEO is Brady Ericson, appointed in Jul 2023, has a tenure of less than a year. total yearly compensation is $8.18M, comprised of 9.6% salary and 90.4% bonuses, including company stock and options. directly owns 0.71% of the company’s shares, worth $13.79M. The average tenure of the management team and the board of directors is 0.8 years and 0.8 years respectively.
Key information
Brady Ericson
Chief executive officer
US$8.2m
Total compensation
| CEO salary percentage | 9.6% |
| CEO tenure | less than a year |
| CEO ownership | 0.7% |
| Management average tenure | less than a year |
| Board average tenure | less than a year |
Recent management updates
Recent updates
These 4 Measures Indicate That PHINIA (NYSE:PHIN) Is Using Debt Reasonably Well
Feb 16
Phinia: Guidance Improvements, Very Cheap, And BorgWarner Spinoff
Dec 26Some Shareholders Feeling Restless Over PHINIA Inc.'s (NYSE:PHIN) P/S Ratio
Dec 18There May Be Reason For Hope In PHINIA's (NYSE:PHIN) Disappointing Earnings
Nov 13Phinia: On Cruise Control For The Next Year, Moving To The Fast Lane In 2025
Oct 11Phinia: Unraveling The Tale Of A Recent BorgWarner Spinoff
Aug 31PHINIA: Highly Catalyzed Spin-Off At 3.5x EBITDA - 100%+ Upside
Jul 31Phinia: Great Opportunity After Spin-Off
Jul 25CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$96m |
| Dec 31 2023 | US$8m | US$781k | US$102m |
| Sep 30 2023 | n/a | n/a | US$156m |
| Jun 30 2023 | n/a | n/a | US$234m |
| Mar 31 2023 | n/a | n/a | US$240m |
| Dec 31 2022 | US$4m | US$669k | US$262m |
Compensation vs Market: Brady's total compensation ($USD8.18M) is above average for companies of similar size in the US market ($USD5.66M).
Compensation vs Earnings: Brady's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Brady Ericson (51 yo)
less than a year
Tenure
US$8,180,043
Compensation
Mr. Brady D. Ericson served as President and General Manager of BorgWarner Fuel Systems & Aftermarket at BorgWarner Inc. since March 2022 until 2023 and served as President, GM of BorgWarner Fuel Injection...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | less than a year | US$8.18m | 0.71% $ 13.8m | |
| Executive VP & CFO | less than a year | US$2.32m | 0.14% $ 2.7m | |
| VP & CTO | less than a year | US$1.60m | 0.070% $ 1.4m | |
| VP, General Counsel & Secretary | less than a year | US$1.66m | 0.084% $ 1.6m | |
| VP & Chief Human Resource Officer | less than a year | US$1.28m | 0.080% $ 1.5m | |
| VP, Controller & Chief Accounting Officer | no data | no data | 0.025% $ 478.6k | |
| VP & CIO | less than a year | no data | 0.038% $ 743.7k | |
| Vice President of Investor Relations | no data | no data | no data | |
| VP & Chief Purchasing Officer | less than a year | no data | 0.0058% $ 113.5k | |
| VP & Treasurer | no data | no data | no data | |
| VP & GM of Fuel Systems Americas | less than a year | no data | 0.066% $ 1.3m | |
| VP & GM of Global Aftermarket | 2.3yrs | no data | 0.011% $ 216.5k |
0.8yrs
Average Tenure
51yo
Average Age
Experienced Management: PHIN's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | less than a year | US$8.18m | 0.71% $ 13.8m | |
| Independent Director | less than a year | US$384.72k | 0.029% $ 562.4k | |
| Independent Director | less than a year | US$381.60k | 0.038% $ 732.5k | |
| Independent Non-Executive Chairman | less than a year | US$407.22k | 0.029% $ 562.8k | |
| Independent Director | less than a year | US$381.60k | 0.063% $ 1.2m | |
| Independent Director | less than a year | US$380.35k | 0.029% $ 562.4k | |
| Independent Director | less than a year | US$384.72k | 0.029% $ 562.4k |
0.8yrs
Average Tenure
58yo
Average Age
Experienced Board: PHIN's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.