Eastern Management
Management criteria checks 2/4
Eastern's CEO is Mark Hernandez, appointed in Jan 2023, has a tenure of 1.67 years. total yearly compensation is $1.58M, comprised of 30.7% salary and 69.3% bonuses, including company stock and options. directly owns 0.58% of the company’s shares, worth $1.16M. The average tenure of the management team and the board of directors is 1.7 years and 8.4 years respectively.
Key information
Mark Hernandez
Chief executive officer
US$1.6m
Total compensation
| CEO salary percentage | 30.7% |
| CEO tenure | 1.7yrs |
| CEO ownership | 0.6% |
| Management average tenure | 1.7yrs |
| Board average tenure | 8.4yrs |
Recent management updates
Recent updates
Eastern (NASDAQ:EML) Might Be Having Difficulty Using Its Capital Effectively
Jul 18
Risks To Shareholder Returns Are Elevated At These Prices For The Eastern Company (NASDAQ:EML)
Jul 03Eastern (NASDAQ:EML) Is Paying Out A Dividend Of $0.11
May 02The Eastern Company's (NASDAQ:EML) Popularity With Investors Is Under Threat From Overpricing
Mar 18Optimistic Investors Push The Eastern Company (NASDAQ:EML) Shares Up 25% But Growth Is Lacking
Dec 18Returns On Capital Signal Tricky Times Ahead For Eastern (NASDAQ:EML)
Dec 13Eastern (NASDAQ:EML) Is Paying Out A Dividend Of $0.11
Nov 04Eastern (NASDAQ:EML) Has Announced A Dividend Of $0.11
Aug 05Eastern (NASDAQ:EML) Has Announced A Dividend Of $0.11
May 02Eastern (NASDAQ:EML) Hasn't Managed To Accelerate Its Returns
Mar 16Does Eastern (NASDAQ:EML) Have A Healthy Balance Sheet?
Oct 20Eastern Company sells Argo EMS business; terms undisclosed
Oct 19Eastern (NASDAQ:EML) Will Pay A Dividend Of $0.11
Aug 09The Eastern Company Non-GAAP EPS of $0.59, revenue of $69.54M
Aug 08The Eastern Company declares $0.11 dividend
Jul 28Is Eastern (NASDAQ:EML) Using Too Much Debt?
May 12Eastern's (NASDAQ:EML) Dividend Will Be US$0.11
Feb 13Eastern (NASDAQ:EML) Has Affirmed Its Dividend Of US$0.11
Nov 06Eastern (NASDAQ:EML) Hasn't Managed To Accelerate Its Returns
Jun 06Calculating The Fair Value Of The Eastern Company (NASDAQ:EML)
May 06The Eastern Company reports Q1 results
Apr 28Most Shareholders Will Probably Find That The Compensation For The Eastern Company's (NASDAQ:EML) CEO Is Reasonable
Apr 23Eastern (NASDAQ:EML) Has A Somewhat Strained Balance Sheet
Apr 16The Eastern Company's (NASDAQ:EML) Has Had A Decent Run On The Stock market: Are Fundamentals In The Driver's Seat?
Mar 21Why The Eastern Company (NASDAQ:EML) Should Be In Your Dividend Portfolio
Mar 08Should You Buy The Eastern Company (NASDAQ:EML) For Its Upcoming Dividend?
Feb 21
Eastern (NASDAQ:EML) Shareholders Booked A 60% Gain In The Last Five Years
Feb 08Our Take On The Returns On Capital At Eastern (NASDAQ:EML)
Jan 26Does Eastern's (NASDAQ:EML) Statutory Profit Adequately Reflect Its Underlying Profit?
Jan 13Eastern (NASDAQ:EML) Has A Somewhat Strained Balance Sheet
Dec 31Is The Eastern Company's (NASDAQ:EML) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Dec 18What Type Of Shareholders Own The Most Number of The Eastern Company (NASDAQ:EML) Shares?
Dec 06Eastern Co. sells Sesamee Mexicana and related Eberworld businesses
Dec 04Does The Eastern Company (NASDAQ:EML) Have A Place In Your Dividend Portfolio?
Nov 24CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 29 2024 | n/a | n/a | US$12m |
| Mar 30 2024 | n/a | n/a | US$10m |
| Dec 30 2023 | US$2m | US$485k | US$9m |
| Sep 30 2023 | n/a | n/a | US$5m |
| Jul 01 2023 | n/a | n/a | US$7m |
| Apr 01 2023 | n/a | n/a | US$9m |
| Dec 31 2022 | US$37k | n/a | US$11m |
Compensation vs Market: Mark's total compensation ($USD1.58M) is about average for companies of similar size in the US market ($USD1.46M).
Compensation vs Earnings: Insufficient data to compare Mark's compensation with company performance.
CEO
Mark Hernandez (57 yo)
1.7yrs
Tenure
US$1,581,160
Compensation
Mr. Mark A. Hernandez has been Director at The Eastern Company since June 2022 and serves as its President and Chief Executive Officer since January 23, 2023. Mr. Hernandez served as Executive Vice Preside...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 1.7yrs | US$1.58m | 0.58% $ 1.2m | |
| VP & CFO | 1.6yrs | US$588.19k | 0.055% $ 110.5k | |
| Managing Director of Eberhard | 4yrs | no data | no data | |
| President of Big 3 Precision Products | less than a year | no data | no data | |
| Secretary | 17.8yrs | no data | no data | |
| President & CEO of Velvac | 1.7yrs | no data | no data | |
| Treasurer & Secretary | no data | no data | no data | |
| Executive Officer | no data | no data | no data |
1.7yrs
Average Tenure
57yo
Average Age
Experienced Management: EML's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 2.3yrs | US$1.58m | 0.58% $ 1.2m | |
| Independent Director | 31.7yrs | US$81.01k | 2.15% $ 4.3m | |
| Independent Director | 35.7yrs | US$75.51k | 1.3% $ 2.6m | |
| Independent Chairman | 9.3yrs | US$129.26k | 0.57% $ 1.1m | |
| Independent Director | 5.3yrs | US$81.00k | 0.31% $ 624.7k | |
| Independent Director | 2.3yrs | US$81.00k | 0.20% $ 393.3k | |
| Independent Director | 8.4yrs | US$81.53k | 1.03% $ 2.1m |
8.4yrs
Average Tenure
73yo
Average Age
Experienced Board: EML's board of directors are considered experienced (8.4 years average tenure).