TPI Composites, Inc.

NasdaqGM:TPIC Stock Report

Market Cap: US$128.0m

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 percentage19.6%
CEO tenure4.8yrs
CEO ownership0.4%
Management average tenure3.7yrs
Board average tenure4.5yrs

Recent management updates

Recent updates

TPI Composites: Turnaround Is In Sight (Rating Upgrade)

Feb 26

TPI Composites, Inc. (NASDAQ:TPIC) Consensus Forecasts Have Become A Little Darker Since Its Latest Report

Feb 25
TPI Composites, Inc. (NASDAQ:TPIC) Consensus Forecasts Have Become A Little Darker Since Its Latest Report

TPI Composites, Inc. (NASDAQ:TPIC) Surges 80% Yet Its Low P/S Is No Reason For Excitement

Dec 23
TPI Composites, Inc. (NASDAQ:TPIC) Surges 80% Yet Its Low P/S Is No Reason For Excitement

TPI Composites, Inc. (NASDAQ:TPIC) Analysts Just Slashed Next Year's Estimates

Nov 10
TPI Composites, Inc. (NASDAQ:TPIC) Analysts Just Slashed Next Year's Estimates

Would TPI Composites (NASDAQ:TPIC) Be Better Off With Less Debt?

Aug 21
Would TPI Composites (NASDAQ:TPIC) Be Better Off With Less Debt?

Is TPI Composites (NASDAQ:TPIC) Using Too Much Debt?

Jan 12
Is TPI Composites (NASDAQ:TPIC) Using Too Much Debt?

TPI Composites: Massive Incoming Revenue And Cash Flow

Sep 16

Is TPI Composites (NASDAQ:TPIC) Weighed On By Its Debt Load?

Aug 03
Is TPI Composites (NASDAQ:TPIC) Weighed On By Its Debt Load?

TPI Composites - Down But Not Out

May 23

Circling Back On TPI Composites

Apr 17

What Is TPI Composites, Inc.'s (NASDAQ:TPIC) Share Price Doing?

Feb 23
What Is TPI Composites, Inc.'s (NASDAQ:TPIC) Share Price Doing?

TPI Composites : Good Play In Wind Energy, Despite Operational Challenges

Dec 15

TPI Composites (NASDAQ:TPIC) Use Of Debt Could Be Considered Risky

Nov 22
TPI Composites (NASDAQ:TPIC) Use Of Debt Could Be Considered Risky

TPI Composites: Still Missing A Strong Tailwind

Nov 17

TPI Composites (NASDAQ:TPIC) Might Be Having Difficulty Using Its Capital Effectively

Oct 11
TPI Composites (NASDAQ:TPIC) Might Be Having Difficulty Using Its Capital Effectively

Should You Think About Buying TPI Composites, Inc. (NASDAQ:TPIC) Now?

Sep 21
Should You Think About Buying TPI Composites, Inc. (NASDAQ:TPIC) Now?

We Think TPI Composites' (NASDAQ:TPIC) Profit Is Only A Baseline For What They Can Achieve

Aug 12
We Think TPI Composites' (NASDAQ:TPIC) Profit Is Only A Baseline For What They Can Achieve

TPI Composites: Lofty But Not Outrageous

Jul 27

TPI Composites, Inc. (NASDAQ:TPIC) Shares Could Be 25% Above Their Intrinsic Value Estimate

Jul 26
TPI Composites, Inc. (NASDAQ:TPIC) Shares Could Be 25% Above Their Intrinsic Value Estimate

CEO Compensation Analysis

How has Bill Siwek's remuneration changed compared to TPI Composites's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

-US$172m

Sep 30 2023n/an/a

-US$226m

Jun 30 2023n/an/a

-US$175m

Mar 31 2023n/an/a

-US$119m

Dec 31 2022US$4mUS$854k

-US$114m

Sep 30 2022n/an/a

-US$162m

Jun 30 2022n/an/a

-US$171m

Mar 31 2022n/an/a

-US$186m

Dec 31 2021US$3mUS$829k

-US$162m

Sep 30 2021n/an/a

-US$67m

Jun 30 2021n/an/a

US$6m

Mar 31 2021n/an/a

-US$20m

Dec 31 2020US$3mUS$725k

-US$85m

Sep 30 2020n/an/a

-US$25m

Jun 30 2020n/an/a

-US$72m

Mar 31 2020n/an/a

-US$4m

Dec 31 2019US$2mUS$570k

-US$16m

Sep 30 2019n/an/a

-US$24m

Jun 30 2019n/an/a

-US$10m

Mar 31 2019n/an/a

-US$15m

Dec 31 2018US$2mUS$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

NamePositionTenureCompensationOwnership
William Siwek
President4.8yrsUS$4.35m0.44%
$ 564.6k
Ryan Miller
Chief Financial Officer1.8yrsUS$1.41m0.037%
$ 46.9k
Adan Gossar
Chief Accounting Officer3.7yrsUS$1.19m0.15%
$ 197.6k
Jerry Lavine
President of Automotive2.8yrsUS$2.03m0.11%
$ 139.9k
Charles Stroo
Chief Operating Officerless than a yearno datano data
Nicholas Warchol
Senior Vice President of Technology & Engineering1.2yrsno datano data
Theo Gibson
Chief Information Officer4.5yrsno datano data
Christian Edin
Senior Director of Investor Relationsno datano datano data
Steven Fishbach
General Counsel & Secretary9.2yrsUS$1.01m0.24%
$ 303.9k
Deane Ilukowicz
Chief People Officer6.3yrsno datano data
James Schimanski
Senior Vice President of Global Supply Chain2.8yrsno datano data
Patrick Weir
Senior Vice President of Mexico5.2yrsno datano data

3.7yrs

Average Tenure

51yo

Average Age

Experienced Management: TPIC's management team is considered experienced (3.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
William Siwek
President3.8yrsUS$4.35m0.44%
$ 564.6k
Paul Giovacchini
Lead Independent Director3.8yrsUS$251.57k0.15%
$ 197.3k
Linda Hudson
Independent Director3.6yrsUS$216.57k0.032%
$ 40.5k
Philip Deutch
Independent Director17.2yrsUS$211.57k0.064%
$ 82.2k
James Hughes
Independent Director8.4yrsUS$216.57k0.075%
$ 95.7k
Steven Lockard
Chairman of the Board20.2yrsUS$331.57k0.91%
$ 1.2m
Jayshree Desai
Independent Director6.5yrsUS$230.32k0.062%
$ 79.6k
Andrew Moir
Board Observerless than a yearUS$216.30k0.020%
$ 25.4k
Tyrone Jordan
Independent Director5.2yrsUS$215.32k0.050%
$ 64.6k
Bavan Holloway
Independent Director3.5yrsUS$220.32k0.029%
$ 36.9k

4.5yrs

Average Tenure

60yo

Average Age

Experienced Board: TPIC's board of directors are considered experienced (4.5 years average tenure).


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