TPI Composites Management
Management criteria checks 2/4
TPI Composites' CEO is Bill Siwek, appointed in May 2019, has a tenure of 4.83 years. total yearly compensation is $4.35M, comprised of 19.6% salary and 80.4% bonuses, including company stock and options. directly owns 0.44% of the company’s shares, worth $564.62K. The average tenure of the management team and the board of directors is 3.7 years and 4.5 years respectively.
Key information
Bill Siwek
Chief executive officer
US$4.4m
Total compensation
CEO salary percentage | 19.6% |
CEO tenure | 4.8yrs |
CEO ownership | 0.4% |
Management average tenure | 3.7yrs |
Board average tenure | 4.5yrs |
Recent management updates
Recent updates
TPI Composites: Turnaround Is In Sight (Rating Upgrade)
Feb 26TPI Composites, Inc. (NASDAQ:TPIC) Consensus Forecasts Have Become A Little Darker Since Its Latest Report
Feb 25TPI Composites, Inc. (NASDAQ:TPIC) Surges 80% Yet Its Low P/S Is No Reason For Excitement
Dec 23TPI Composites, Inc. (NASDAQ:TPIC) Analysts Just Slashed Next Year's Estimates
Nov 10Would TPI Composites (NASDAQ:TPIC) Be Better Off With Less Debt?
Aug 21Is TPI Composites (NASDAQ:TPIC) Using Too Much Debt?
Jan 12TPI Composites: Massive Incoming Revenue And Cash Flow
Sep 16Is TPI Composites (NASDAQ:TPIC) Weighed On By Its Debt Load?
Aug 03TPI Composites - Down But Not Out
May 23Circling Back On TPI Composites
Apr 17What Is TPI Composites, Inc.'s (NASDAQ:TPIC) Share Price Doing?
Feb 23TPI Composites : Good Play In Wind Energy, Despite Operational Challenges
Dec 15TPI Composites (NASDAQ:TPIC) Use Of Debt Could Be Considered Risky
Nov 22TPI Composites: Still Missing A Strong Tailwind
Nov 17TPI Composites (NASDAQ:TPIC) Might Be Having Difficulty Using Its Capital Effectively
Oct 11Should You Think About Buying TPI Composites, Inc. (NASDAQ:TPIC) Now?
Sep 21We Think TPI Composites' (NASDAQ:TPIC) Profit Is Only A Baseline For What They Can Achieve
Aug 12TPI Composites: Lofty But Not Outrageous
Jul 27TPI Composites, Inc. (NASDAQ:TPIC) Shares Could Be 25% Above Their Intrinsic Value Estimate
Jul 26CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Dec 31 2023 | n/a | n/a | -US$172m |
Sep 30 2023 | n/a | n/a | -US$226m |
Jun 30 2023 | n/a | n/a | -US$175m |
Mar 31 2023 | n/a | n/a | -US$119m |
Dec 31 2022 | US$4m | US$854k | -US$114m |
Sep 30 2022 | n/a | n/a | -US$162m |
Jun 30 2022 | n/a | n/a | -US$171m |
Mar 31 2022 | n/a | n/a | -US$186m |
Dec 31 2021 | US$3m | US$829k | -US$162m |
Sep 30 2021 | n/a | n/a | -US$67m |
Jun 30 2021 | n/a | n/a | US$6m |
Mar 31 2021 | n/a | n/a | -US$20m |
Dec 31 2020 | US$3m | US$725k | -US$85m |
Sep 30 2020 | n/a | n/a | -US$25m |
Jun 30 2020 | n/a | n/a | -US$72m |
Mar 31 2020 | n/a | n/a | -US$4m |
Dec 31 2019 | US$2m | US$570k | -US$16m |
Sep 30 2019 | n/a | n/a | -US$24m |
Jun 30 2019 | n/a | n/a | -US$10m |
Mar 31 2019 | n/a | n/a | -US$15m |
Dec 31 2018 | US$2m | US$498k | US$5m |
Compensation vs Market: Bill's total compensation ($USD4.35M) is above average for companies of similar size in the US market ($USD661.05K).
Compensation vs Earnings: Bill's compensation has increased whilst the company is unprofitable.
CEO
Bill Siwek (60 yo)
4.8yrs
Tenure
US$4,350,542
Compensation
Mr. William E. Siwek, also known as Bill, has been President at TPI Composites, Inc. since May 13, 2019 and Its Chief Executive Officer May 20, 2020. He served as the Chief Financial Officer at TPI Composi...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
President | 4.8yrs | US$4.35m | 0.44% $ 564.6k | |
Chief Financial Officer | 1.8yrs | US$1.41m | 0.037% $ 46.9k | |
Chief Accounting Officer | 3.7yrs | US$1.19m | 0.15% $ 197.6k | |
President of Automotive | 2.8yrs | US$2.03m | 0.11% $ 139.9k | |
Chief Operating Officer | less than a year | no data | no data | |
Senior Vice President of Technology & Engineering | 1.2yrs | no data | no data | |
Chief Information Officer | 4.5yrs | no data | no data | |
Senior Director of Investor Relations | no data | no data | no data | |
General Counsel & Secretary | 9.2yrs | US$1.01m | 0.24% $ 303.9k | |
Chief People Officer | 6.3yrs | no data | no data | |
Senior Vice President of Global Supply Chain | 2.8yrs | no data | no data | |
Senior Vice President of Mexico | 5.2yrs | no data | no data |
3.7yrs
Average Tenure
51yo
Average Age
Experienced Management: TPIC's management team is considered experienced (3.7 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
President | 3.8yrs | US$4.35m | 0.44% $ 564.6k | |
Lead Independent Director | 3.8yrs | US$251.57k | 0.15% $ 197.3k | |
Independent Director | 3.6yrs | US$216.57k | 0.032% $ 40.5k | |
Independent Director | 17.2yrs | US$211.57k | 0.064% $ 82.2k | |
Independent Director | 8.4yrs | US$216.57k | 0.075% $ 95.7k | |
Chairman of the Board | 20.2yrs | US$331.57k | 0.91% $ 1.2m | |
Independent Director | 6.5yrs | US$230.32k | 0.062% $ 79.6k | |
Board Observer | less than a year | US$216.30k | 0.020% $ 25.4k | |
Independent Director | 5.2yrs | US$215.32k | 0.050% $ 64.6k | |
Independent Director | 3.5yrs | US$220.32k | 0.029% $ 36.9k |
4.5yrs
Average Tenure
60yo
Average Age
Experienced Board: TPIC's board of directors are considered experienced (4.5 years average tenure).