TPI Composites Management
Management criteria checks 3/4
TPI Composites' CEO is Bill Siwek, appointed in May 2019, has a tenure of 5.5 years. total yearly compensation is $2.32M, comprised of 38.5% salary and 61.5% bonuses, including company stock and options. directly owns 0.46% of the company’s shares, worth $425.77K. The average tenure of the management team and the board of directors is 3.9 years and 5.2 years respectively.
Key information
Bill Siwek
Chief executive officer
US$2.3m
Total compensation
| CEO salary percentage | 38.5% |
| CEO tenure | 5.5yrs |
| CEO ownership | 0.5% |
| Management average tenure | 3.9yrs |
| Board average tenure | 5.2yrs |
Recent management updates
Recent updates
TPI Composites: High Potential Return Undermined By Multiple Risks
Oct 17TPI Composites, Inc. (NASDAQ:TPIC) Soars 25% But It's A Story Of Risk Vs Reward
Oct 09
TPI Composites, Inc. (NASDAQ:TPIC) Not Doing Enough For Some Investors As Its Shares Slump 27%
Jun 30TPI Composites Could Be A Bad Idea
Jun 30What Does TPI Composites, Inc.'s (NASDAQ:TPIC) Share Price Indicate?
May 29Analysts Have Made A Financial Statement On TPI Composites, Inc.'s (NASDAQ:TPIC) First-Quarter Report
May 05Improved Revenues Required Before TPI Composites, Inc. (NASDAQ:TPIC) Stock's 33% Jump Looks Justified
May 03TPI 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 11CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$191m |
| Jun 30 2024 | n/a | n/a | -US$195m |
| Mar 31 2024 | n/a | n/a | -US$208m |
| Dec 31 2023 | US$2m | US$891k | -US$172m |
| Sep 30 2023 | n/a | n/a | -US$184m |
| Jun 30 2023 | n/a | n/a | -US$163m |
| Mar 31 2023 | n/a | n/a | -US$114m |
| 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$5m |
Compensation vs Market: Bill's total compensation ($USD2.32M) is above average for companies of similar size in the US market ($USD652.28K).
Compensation vs Earnings: Bill's compensation has been consistent with company performance over the past year.
CEO
Bill Siwek (61 yo)
5.5yrs
Tenure
US$2,315,261
Compensation
Mr. William E. Siwek, also known as Bill, has been President at TPI Composites, Inc. since May 13, 2019 and has been its Chief Executive Officer and Director since May 20, 2020. He served as the Chief Fina...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 5.5yrs | US$2.32m | 0.46% $ 425.8k | |
| Chief Financial Officer | 2.5yrs | US$1.13m | 0.068% $ 62.9k | |
| General Counsel & Secretary | 9.8yrs | US$727.06k | 0.24% $ 218.7k | |
| Chief Operating Officer | less than a year | no data | no data | |
| Chief Accounting Officer | 4.3yrs | US$1.19m | 0.15% $ 142.2k | |
| Senior Vice President of Technology & Engineering | 1.8yrs | no data | no data | |
| Chief Information Officer | 5.2yrs | no data | no data | |
| Vice President of IR & ESG | no data | no data | no data | |
| Chief People Officer | 7yrs | no data | no data | |
| Senior Vice President of Global Supply Chain | 3.5yrs | no data | no data | |
| Senior Vice President - Wind | no data | no data | no data | |
| Senior Vice President of Turkey | 2.9yrs | no data | no data |
3.9yrs
Average Tenure
50yo
Average Age
Experienced Management: TPIC's management team is considered experienced (3.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.5yrs | US$2.32m | 0.46% $ 425.8k | |
| Lead Independent Director | 18.8yrs | US$238.75k | 0.17% $ 161.6k | |
| Independent Director | 9.1yrs | US$203.75k | 0.095% $ 88.5k | |
| Independent Director | less than a year | no data | 0.015% $ 13.7k | |
| Independent Chairman of the Board | 20.8yrs | US$287.50k | 0.93% $ 861.6k | |
| Director | no data | no data | no data | |
| Independent Director | 7.2yrs | US$223.75k | 0.083% $ 76.9k | |
| Board Observer | less than a year | US$260.00k | 0.020% $ 18.3k | |
| Independent Director | 5.8yrs | US$206.25k | 0.071% $ 66.1k | |
| Independent Director | 4.2yrs | US$211.25k | 0.050% $ 46.2k |
5.2yrs
Average Tenure
61yo
Average Age
Experienced Board: TPIC's board of directors are considered experienced (5.2 years average tenure).