Blue Bird Corporation

NasdaqGM:BLBD Stock Report

Market Cap: US$1.2b

Blue Bird Management

Management criteria checks 3/4

Blue Bird's CEO is Phil Horlock, appointed in May 2023, has a tenure of less than a year. total yearly compensation is $4.46M, comprised of 8.5% salary and 91.5% bonuses, including company stock and options. directly owns 0.43% of the company’s shares, worth $5.29M. The average tenure of the management team and the board of directors is 1.2 years and 3.9 years respectively.

Key information

Phil Horlock

Chief executive officer

US$4.5m

Total compensation

CEO salary percentage8.5%
CEO tenureless than a year
CEO ownership0.4%
Management average tenure1.2yrs
Board average tenure3.9yrs

Recent management updates

Recent updates

Blue Bird: Now A High Profit Growth Story

Mar 28

Blue Bird Corporation Takes Me To School

Mar 13

After Decisive Earnings Beat, Blue Bird Still Shows Value To Be Had

Feb 20

Earnings Beat: Blue Bird Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Feb 10
Earnings Beat: Blue Bird Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Investors Holding Back On Blue Bird Corporation (NASDAQ:BLBD)

Jan 24
Investors Holding Back On Blue Bird Corporation (NASDAQ:BLBD)

Blue Bird's (NASDAQ:BLBD) Returns Have Hit A Wall

Jan 03
Blue Bird's (NASDAQ:BLBD) Returns Have Hit A Wall

Blue Bird's (NASDAQ:BLBD) Earnings May Just Be The Starting Point

Dec 18
Blue Bird's (NASDAQ:BLBD) Earnings May Just Be The Starting Point

When Should You Buy Blue Bird Corporation (NASDAQ:BLBD)?

Dec 06
When Should You Buy Blue Bird Corporation (NASDAQ:BLBD)?

A Look At The Fair Value Of Blue Bird Corporation (NASDAQ:BLBD)

Sep 29
A Look At The Fair Value Of Blue Bird Corporation (NASDAQ:BLBD)

Blue Bird (NASDAQ:BLBD) Takes On Some Risk With Its Use Of Debt

Aug 24
Blue Bird (NASDAQ:BLBD) Takes On Some Risk With Its Use Of Debt

An Intrinsic Calculation For Blue Bird Corporation (NASDAQ:BLBD) Suggests It's 47% Undervalued

May 13
An Intrinsic Calculation For Blue Bird Corporation (NASDAQ:BLBD) Suggests It's 47% Undervalued

Is Blue Bird (NASDAQ:BLBD) Weighed On By Its Debt Load?

Dec 07
Is Blue Bird (NASDAQ:BLBD) Weighed On By Its Debt Load?

Blue Bird: Ugly Numbers Mask Still-Attractive Long-Term Case

Oct 03

Blue Bird amends credit facility again amid supply chain disruptions

Sep 09

Is Blue Bird (NASDAQ:BLBD) Using Too Much Debt?

Aug 23
Is Blue Bird (NASDAQ:BLBD) Using Too Much Debt?

Blue Bird: It Only Makes Sense If EV Buses Are On The Horizon

Mar 24

Capital Allocation Trends At Blue Bird (NASDAQ:BLBD) Aren't Ideal

Mar 22
Capital Allocation Trends At Blue Bird (NASDAQ:BLBD) Aren't Ideal

Does Blue Bird (NASDAQ:BLBD) Have A Healthy Balance Sheet?

Feb 11
Does Blue Bird (NASDAQ:BLBD) Have A Healthy Balance Sheet?

Blue Bird: Take The Long View

Jan 04

Capital Allocation Trends At Blue Bird (NASDAQ:BLBD) Aren't Ideal

Nov 24
Capital Allocation Trends At Blue Bird (NASDAQ:BLBD) Aren't Ideal

Are Investors Undervaluing Blue Bird Corporation (NASDAQ:BLBD) By 35%?

Sep 28
Are Investors Undervaluing Blue Bird Corporation (NASDAQ:BLBD) By 35%?

Blue Bird Vs. Lion Electric: Room For Both, But A Contrast In Value

Sep 14

CEO Compensation Analysis

How has Phil Horlock's remuneration changed compared to Blue Bird's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 30 2023n/an/a

US$61m

Sep 30 2023US$4mUS$379k

US$24m

Jul 01 2023n/an/a

-US$18m

Apr 01 2023n/an/a

-US$34m

Dec 31 2022n/an/a

-US$53m

Oct 01 2022US$656kUS$200k

-US$46m

Jul 02 2022n/an/a

-US$25m

Apr 02 2022n/an/a

-US$14m

Jan 01 2022n/an/a

-US$3m

Oct 02 2021US$5mUS$720k

-US$289k

Jul 03 2021n/an/a

US$14m

Apr 03 2021n/an/a

US$11m

Jan 02 2021n/an/a

US$11m

Oct 03 2020US$2mUS$787k

US$12m

Jul 04 2020n/an/a

US$12m

Apr 04 2020n/an/a

US$25m

Jan 04 2020n/an/a

US$25m

Sep 28 2019US$4mUS$800k

US$24m

Jun 29 2019n/an/a

US$27m

Mar 30 2019n/an/a

US$35m

Dec 29 2018n/an/a

US$36m

Sep 29 2018US$2mUS$800k

US$29m

Jun 30 2018n/an/a

US$21m

Mar 31 2018n/an/a

US$19m

Dec 30 2017n/an/a

US$19m

Sep 30 2017US$2mUS$761k

US$18m

Compensation vs Market: Phil's total compensation ($USD4.46M) is about average for companies of similar size in the US market ($USD5.10M).

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


CEO

Phil Horlock (67 yo)

less than a year

Tenure

US$4,456,161

Compensation

Mr. Philip Horlock, also known as Phil, served as Chief Executive Officer of Blue Bird Corporation since April 2011 until October 31, 2021 and serves as its Director since February 24, 2015. He serves as C...


Leadership Team

NamePositionTenureCompensationOwnership
Philip Horlock
CEO & Directorless than a yearUS$4.46m0.43%
$ 5.3m
Britton Smith
President & Chief Strategy Officerless than a yearUS$2.09m0.024%
$ 291.5k
Razvan Radulescu
CFO, Principal Financial & Principal Accounting Officer2.4yrsUS$2.60m0.000010%
$ 121.9
Ted Scartz
Senior VP1.8yrsUS$1.60m0.023%
$ 280.9k
Jeff Sanfrey
Chief Operating Officerless than a yearno datano data
Mark Benfield
Executive Director of Profitability & Investor Relationsno datano datano data
Jim Nelles
Senior Vice President of Global Supply Chain Management2yrsno datano data
Craig West
Vice President – Corporate Controller & Treasurerno datano datano data
Eric Boule
President & CEO of Micro Bird1.2yrsno datano data

1.2yrs

Average Tenure

48yo

Average Age

Experienced Management: BLBD's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Philip Horlock
CEO & Director9.1yrsUS$4.46m0.43%
$ 5.3m
Gurminder Bedi
Independent Director9.1yrsUS$87.50k0.053%
$ 640.1k
Kevin Penn
Independent Chairman of the Board7.8yrsUS$135.00kno data
Julie Fream
Directorless than a yearno data0.0042%
$ 51.3k
Mark Blaufuss
Directorless than a yearUS$67.50k0.0062%
$ 75.1k
Douglas Grimm
Independent Director6.9yrsUS$87.50k0.059%
$ 715.3k
Simon Newman
Directorless than a yearno data0.0062%
$ 75.1k
Daniel Thau
Directorless than a yearUS$62.50kno data

3.9yrs

Average Tenure

61yo

Average Age

Experienced Board: BLBD's board of directors are considered experienced (3.9 years average tenure).


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