Matrix Service Management
Management criteria checks 4/4
Matrix Service's CEO is John Hewitt, appointed in May 2011, has a tenure of 12.92 years. total yearly compensation is $2.40M, comprised of 33.3% salary and 66.7% bonuses, including company stock and options. directly owns 1.31% of the company’s shares, worth $4.28M. The average tenure of the management team and the board of directors is 4.6 years and 6.8 years respectively.
Key information
John Hewitt
Chief executive officer
US$2.4m
Total compensation
| CEO salary percentage | 33.3% |
| CEO tenure | 12.9yrs |
| CEO ownership | 1.3% |
| Management average tenure | 4.6yrs |
| Board average tenure | 6.8yrs |
Recent management updates
Recent updates
Matrix Service Company: Record Order Backlog In Latest Quarter
Feb 21Even With A 35% Surge, Cautious Investors Are Not Rewarding Matrix Service Company's (NASDAQ:MTRX) Performance Completely
Feb 16
Investors Still Aren't Entirely Convinced By Matrix Service Company's (NASDAQ:MTRX) Revenues Despite 26% Price Jump
Aug 23Matrix Service Company (NASDAQ:MTRX) Shares Could Be 44% Below Their Intrinsic Value Estimate
May 06Is Matrix Service (NASDAQ:MTRX) Using Too Much Debt?
Mar 07Should You Investigate Matrix Service Company (NASDAQ:MTRX) At US$8.83?
Feb 03Calculating The Intrinsic Value Of Matrix Service Company (NASDAQ:MTRX)
Jan 06Matrix Service Non-GAAP EPS of -$0.52 misses by $0.22, revenue of $200.7M beats by $18.86M
Oct 07Matrix Service Company receives Nasdaq notice for missing annual report
Sep 30Matrix: A Beaten-Down Industrials Name Reports Monday. More Bearish Action Likely
Sep 11Here's Why We're Not At All Concerned With Matrix Service's (NASDAQ:MTRX) Cash Burn Situation
Aug 12Matrix Service picked by Northrop Grumman for thermal vacuum chamber projects
Jul 18A Look At The Intrinsic Value Of Matrix Service Company (NASDAQ:MTRX)
Jul 04We're Interested To See How Matrix Service (NASDAQ:MTRX) Uses Its Cash Hoard To Grow
Dec 01We Think Matrix Service Company's (NASDAQ:MTRX) CEO Compensation Package Needs To Be Put Under A Microscope
Oct 27How To Evaluate Matrix Service Company's Final Quarter Of Fiscal 2021
Aug 30At US$13.42, Is It Time To Put Matrix Service Company (NASDAQ:MTRX) On Your Watch List?
May 05Matrix: A Clean Energy, Infrastructure Play Priced Near Tangible Book Value
May 02Does This Valuation Of Matrix Service Company (NASDAQ:MTRX) Imply Investors Are Overpaying?
Mar 24Matrix Service Company (NASDAQ:MTRX) Analysts Just Slashed This Year's Estimates
Feb 14Matrix Service (NASDAQ:MTRX) Share Prices Have Dropped 18% In The Last Five Years
Feb 09
Is Matrix Service (NASDAQ:MTRX) Set To Make A Turnaround?
Jan 22It's Not Too Late To Consider Matrix Service Company
Jan 14Is Now The Time To Look At Buying Matrix Service Company (NASDAQ:MTRX)?
Jan 04What Can We Conclude About Matrix Service's (NASDAQ:MTRX) CEO Pay?
Dec 15
Have Insiders Been Selling Matrix Service Company (NASDAQ:MTRX) Shares?
Nov 24
Matrix Service Company 2021 Q1 - Results - Earnings Call Presentation
Nov 08CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -US$19m |
| Sep 30 2023 | n/a | n/a | -US$49m |
| Jun 30 2023 | US$2m | US$800k | -US$52m |
| Mar 31 2023 | n/a | n/a | -US$39m |
| Dec 31 2022 | n/a | n/a | -US$61m |
| Sep 30 2022 | n/a | n/a | -US$53m |
| Jun 30 2022 | US$3m | US$794k | -US$64m |
| Mar 31 2022 | n/a | n/a | -US$88m |
| Dec 31 2021 | n/a | n/a | -US$66m |
| Sep 30 2021 | n/a | n/a | -US$46m |
| Jun 30 2021 | US$3m | US$726k | -US$31m |
| Mar 31 2021 | n/a | n/a | -US$26m |
| Dec 31 2020 | n/a | n/a | -US$19m |
| Sep 30 2020 | n/a | n/a | -US$42m |
| Jun 30 2020 | US$3m | US$800k | -US$33m |
| Mar 31 2020 | n/a | n/a | -US$15m |
| Dec 31 2019 | n/a | n/a | -US$112k |
| Sep 30 2019 | n/a | n/a | US$32m |
| Jun 30 2019 | US$3m | US$790k | US$28m |
| Mar 31 2019 | n/a | n/a | US$487k |
| Dec 31 2018 | n/a | n/a | -US$14m |
| Sep 30 2018 | n/a | n/a | -US$13m |
| Jun 30 2018 | US$2m | US$750k | -US$11m |
| Mar 31 2018 | n/a | n/a | US$2m |
| Dec 31 2017 | n/a | n/a | -US$6m |
| Sep 30 2017 | n/a | n/a | -US$6m |
| Jun 30 2017 | US$2m | US$750k | -US$183k |
Compensation vs Market: John's total compensation ($USD2.40M) is about average for companies of similar size in the US market ($USD2.37M).
Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.
CEO
John Hewitt (65 yo)
12.9yrs
Tenure
US$2,401,993
Compensation
Mr. John R. Hewitt has been the President and Chief Executive Officer at Matrix Service Company since joining in May 4, 2011. Mr. Hewitt served as Vice President at Aker Solutions, where he was responsible...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 12.9yrs | US$2.40m | 1.31% $ 4.3m | |
| VP, CFO & Treasurer | 13.3yrs | US$1.00m | 0.40% $ 1.3m | |
| VP, COO & Interim President of Matrix NAC | 4yrs | US$1.07m | 0.25% $ 815.2k | |
| President of Matrix PDM Engineering | 4.6yrs | US$685.67k | 0.059% $ 192.3k | |
| President of Matrix Service Inc | 1.6yrs | US$727.21k | 0.074% $ 241.1k | |
| Chief Administrative Officer & VP | 7.7yrs | no data | 0.20% $ 653.4k | |
| Senior Director of Investor Relations | no data | no data | no data | |
| VP, General Counsel | 9.5yrs | no data | 0.10% $ 338.1k | |
| Vice President of Human Resources | 4.6yrs | no data | no data | |
| VP and Chief Business Development & Strategy Officer | 3.7yrs | no data | 0.20% $ 638.2k | |
| President of Matrix NAC | less than a year | no data | 0.15% $ 488.0k |
4.6yrs
Average Tenure
59yo
Average Age
Experienced Management: MTRX's management team is considered experienced (4.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 12.9yrs | US$2.40m | 1.31% $ 4.3m | |
| Independent Director | 6.8yrs | US$161.30k | 0.18% $ 571.5k | |
| Independent Director | 6.8yrs | US$166.30k | 0.13% $ 421.7k | |
| Independent Director | 5.8yrs | US$158.80k | 0.10% $ 339.4k | |
| Independent Director | 9.9yrs | US$156.90k | 0.26% $ 846.4k | |
| Independent Director | 3.7yrs | US$151.30k | 0.071% $ 231.2k | |
| Independent Director | 1.8yrs | US$184.53k | no data |
6.8yrs
Average Tenure
62yo
Average Age
Experienced Board: MTRX's board of directors are considered experienced (6.8 years average tenure).