Franklin Electric Management
Management criteria checks 4/4
Franklin Electric's CEO is Gregg Sengstack, appointed in May 2014, has a tenure of 9.92 years. total yearly compensation is $7.40M, comprised of 12.7% salary and 87.3% bonuses, including company stock and options. directly owns 0.88% of the company’s shares, worth $40.55M. The average tenure of the management team and the board of directors is 6.1 years and 8.9 years respectively.
Key information
Gregg Sengstack
Chief executive officer
US$7.4m
Total compensation
| CEO salary percentage | 12.7% |
| CEO tenure | 9.9yrs |
| CEO ownership | 0.9% |
| Management average tenure | 6.1yrs |
| Board average tenure | 8.9yrs |
Recent management updates
Recent updates
Risks To Shareholder Returns Are Elevated At These Prices For Franklin Electric Co., Inc. (NASDAQ:FELE)
Apr 08
Franklin Electric: Tough Near-Term Prospects But The Second Half May Be Better
Mar 26Is Now The Time To Look At Buying Franklin Electric Co., Inc. (NASDAQ:FELE)?
Feb 08There's Been No Shortage Of Growth Recently For Franklin Electric's (NASDAQ:FELE) Returns On Capital
Jan 17Calculating The Intrinsic Value Of Franklin Electric Co., Inc. (NASDAQ:FELE)
Jan 03Risks To Shareholder Returns Are Elevated At These Prices For Franklin Electric Co., Inc. (NASDAQ:FELE)
Dec 19At US$84.17, Is It Time To Put Franklin Electric Co., Inc. (NASDAQ:FELE) On Your Watch List?
Oct 24Franklin Electric (NASDAQ:FELE) Shareholders Will Want The ROCE Trajectory To Continue
Oct 12We Think Franklin Electric (NASDAQ:FELE) Can Stay On Top Of Its Debt
Sep 14Franklin Electric Co., Inc. (NASDAQ:FELE) Shares Could Be 27% Below Their Intrinsic Value Estimate
Aug 31Do Franklin Electric's (NASDAQ:FELE) Earnings Warrant Your Attention?
Aug 18Is Now The Time To Look At Buying Franklin Electric Co., Inc. (NASDAQ:FELE)?
Jul 21Franklin Electric (NASDAQ:FELE) Is Very Good At Capital Allocation
Jul 09Is Franklin Electric (NASDAQ:FELE) A Risky Investment?
Jun 15Calculating The Fair Value Of Franklin Electric Co., Inc. (NASDAQ:FELE)
May 22We Ran A Stock Scan For Earnings Growth And Franklin Electric (NASDAQ:FELE) Passed With Ease
May 10Franklin Electric (NASDAQ:FELE) Will Pay A Larger Dividend Than Last Year At $0.225
Apr 27We Like Franklin Electric's (NASDAQ:FELE) Returns And Here's How They're Trending
Apr 09Is Now An Opportune Moment To Examine Franklin Electric Co., Inc. (NASDAQ:FELE)?
Mar 27Does Franklin Electric (NASDAQ:FELE) Have A Healthy Balance Sheet?
Mar 13Should You Be Adding Franklin Electric (NASDAQ:FELE) To Your Watchlist Today?
Feb 01Estimating The Intrinsic Value Of Franklin Electric Co., Inc. (NASDAQ:FELE)
Jan 18Under The Bonnet, Franklin Electric's (NASDAQ:FELE) Returns Look Impressive
Jan 06Should You Investigate Franklin Electric Co., Inc. (NASDAQ:FELE) At US$79.43?
Dec 19These 4 Measures Indicate That Franklin Electric (NASDAQ:FELE) Is Using Debt Safely
Dec 07With EPS Growth And More, Franklin Electric (NASDAQ:FELE) Makes An Interesting Case
Oct 26Are Investors Undervaluing Franklin Electric Co., Inc. (NASDAQ:FELE) By 47%?
Oct 13Investors Will Want Franklin Electric's (NASDAQ:FELE) Growth In ROCE To Persist
Sep 26Franklin Electric: Potential Slowdown In Housing And Agriculture Keeps Us On The Sidelines
Sep 20Is It Too Late To Consider Buying Franklin Electric Co., Inc. (NASDAQ:FELE)?
Sep 11These 4 Measures Indicate That Franklin Electric (NASDAQ:FELE) Is Using Debt Safely
Aug 29Franklin Electric GAAP EPS of $1.26 beats by $0.24, revenue of $551.1M beats by $22.43M
Jul 26Franklin Electric: Medium-Term Headwinds
Jul 19Does Franklin Electric (NASDAQ:FELE) Deserve A Spot On Your Watchlist?
Jul 14Is There An Opportunity With Franklin Electric Co., Inc.'s (NASDAQ:FELE) 34% Undervaluation?
Jun 30Franklin Electric (NASDAQ:FELE) Is Experiencing Growth In Returns On Capital
Jun 18With EPS Growth And More, Franklin Electric (NASDAQ:FELE) Is Interesting
Apr 12Why Franklin Electric Co., Inc. (NASDAQ:FELE) Could Be Worth Watching
Mar 31Franklin Electric Offers Leverage To Real Pain Points In Water
Mar 22Is Franklin Electric Co., Inc. (NASDAQ:FELE) Trading At A 27% Discount?
Mar 18CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$7m | US$940k | US$193m |
| Sep 30 2023 | n/a | n/a | US$194m |
| Jun 30 2023 | n/a | n/a | US$195m |
| Mar 31 2023 | n/a | n/a | US$194m |
| Dec 31 2022 | US$7m | US$894k | US$187m |
| Sep 30 2022 | n/a | n/a | US$188m |
| Jun 30 2022 | n/a | n/a | US$175m |
| Mar 31 2022 | n/a | n/a | US$155m |
| Dec 31 2021 | US$7m | US$870k | US$153m |
| Sep 30 2021 | n/a | n/a | US$139m |
| Jun 30 2021 | n/a | n/a | US$131m |
| Mar 31 2021 | n/a | n/a | US$117m |
| Dec 31 2020 | US$6m | US$824k | US$100m |
| Sep 30 2020 | n/a | n/a | US$93m |
| Jun 30 2020 | n/a | n/a | US$88m |
| Mar 31 2020 | n/a | n/a | US$96m |
| Dec 31 2019 | US$6m | US$798k | US$95m |
| Sep 30 2019 | n/a | n/a | US$99m |
| Jun 30 2019 | n/a | n/a | US$95m |
| Mar 31 2019 | n/a | n/a | US$93m |
| Dec 31 2018 | US$5m | US$765k | US$105m |
| Sep 30 2018 | n/a | n/a | US$89m |
| Jun 30 2018 | n/a | n/a | US$84m |
| Mar 31 2018 | n/a | n/a | US$83m |
| Dec 31 2017 | US$5m | US$730k | US$78m |
Compensation vs Market: Gregg's total compensation ($USD7.40M) is about average for companies of similar size in the US market ($USD6.59M).
Compensation vs Earnings: Gregg's compensation has been consistent with company performance over the past year.
CEO
Gregg Sengstack (65 yo)
9.9yrs
Tenure
US$7,401,610
Compensation
Mr. Gregg C. Sengstack has been the Chief Executive Officer of Franklin Electric Co., Inc. since May 2, 2014 and has been its Chairman since May 8, 2015. He served as President at Franklin Electric Co., In...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 9.9yrs | US$7.40m | 0.88% $ 40.6m | |
| VP & CFO | 2.8yrs | US$1.74m | 0.031% $ 1.4m | |
| VP, Chief Administrative Officer | 7.6yrs | US$1.33m | 0.037% $ 1.7m | |
| VP & President of Headwater Companies | 7yrs | US$1.23m | 0.00027% $ 12.5k | |
| VP & President of Fueling Systems | 5.3yrs | US$1.18m | 0.024% $ 1.1m | |
| VP & President of Global Water | less than a year | no data | 0.011% $ 506.6k |
6.1yrs
Average Tenure
55yo
Average Age
Experienced Management: FELE's management team is seasoned and experienced (6.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 9.9yrs | US$7.40m | 0.88% $ 40.6m | |
| Independent Director | 18.9yrs | US$211.00k | 0.0070% $ 324.2k | |
| Independent Director | 9.3yrs | US$233.50k | no data | |
| Independent Director | 14.3yrs | US$223.50k | no data | |
| Independent Director | 4.3yrs | US$226.00k | no data | |
| Independent Director | 2.9yrs | US$232.50k | 0.018% $ 824.8k | |
| Independent Director | 8.6yrs | US$233.50k | 0.0016% $ 72.7k | |
| Independent Director | 1.9yrs | US$223.50k | 0.0067% $ 309.8k |
8.9yrs
Average Tenure
61yo
Average Age
Experienced Board: FELE's board of directors are considered experienced (8.9 years average tenure).