TPI Composites, Inc.

NasdaqGM:TPIC Stock Report

Market Cap: US$55.9m

TPI Composites Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Bill Siwek

Chief executive officer

US$1.6m

Total compensation

CEO salary percentage56.89%
CEO tenure6yrs
CEO ownership0.6%
Management average tenure3.7yrs
Board average tenure6.3yrs

Recent management updates

Recent updates

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Next Generation Blade Production Will Redefine Industry Standards

Portfolio restructuring and next-gen blade transition are set to improve operational performance, enhancing earnings and profitability.

TPI Composites: High Potential Return Undermined By Multiple Risks

Oct 17

TPI Composites, Inc. (NASDAQ:TPIC) Soars 25% But It's A Story Of Risk Vs Reward

Oct 09
TPI Composites, Inc. (NASDAQ:TPIC) Soars 25% But It's A Story Of Risk Vs Reward

TPI Composites, Inc. (NASDAQ:TPIC) Not Doing Enough For Some Investors As Its Shares Slump 27%

Jun 30
TPI Composites, Inc. (NASDAQ:TPIC) Not Doing Enough For Some Investors As Its Shares Slump 27%

TPI Composites Could Be A Bad Idea

Jun 30

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

May 29
What Does TPI Composites, Inc.'s (NASDAQ:TPIC) Share Price Indicate?

Analysts Have Made A Financial Statement On TPI Composites, Inc.'s (NASDAQ:TPIC) First-Quarter Report

May 05
Analysts Have Made A Financial Statement On TPI Composites, Inc.'s (NASDAQ:TPIC) First-Quarter Report

Improved Revenues Required Before TPI Composites, Inc. (NASDAQ:TPIC) Stock's 33% Jump Looks Justified

May 03
Improved Revenues Required Before TPI Composites, Inc. (NASDAQ:TPIC) Stock's 33% Jump Looks Justified

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

CEO Compensation Analysis

How has Bill Siwek's remuneration changed compared to TPI Composites's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2025n/an/a

-US$198m

Dec 31 2024US$2mUS$921k

-US$210m

Sep 30 2024n/an/a

-US$191m

Jun 30 2024n/an/a

-US$195m

Mar 31 2024n/an/a

-US$164m

Dec 31 2023US$2mUS$891k

-US$128m

Sep 30 2023n/an/a

-US$184m

Jun 30 2023n/an/a

-US$163m

Mar 31 2023n/an/a

-US$114m

Dec 31 2022US$4mUS$854k

-US$76m

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 ($USD1.62M) is above average for companies of similar size in the US market ($USD655.68K).

Compensation vs Earnings: Bill's compensation has been consistent with company performance over the past year.

CEO

Bill Siwek (61 yo)

6yrs
Tenure
US$1,619,704
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

NamePositionTenureCompensationOwnership
William Siwek
President6yrsUS$1.62m0.55%
$ 309.1k
Ryan Miller
Chief Financial Officer3yrsUS$879.20k0.081%
$ 45.6k
Charles Stroo
Chief Operating Officer1.5yrsUS$679.83k0.090%
$ 50.3k
Steven Fishbach
General Counsel & Secretary10.3yrsUS$614.94k0.25%
$ 140.3k
Nicholas Warchol
Senior Vice President of Technology & Engineering2.3yrsno datano data
Theo Gibson
Chief Information Officer5.7yrsno datano data
Jason Wegmann
Vice President of IR & ESGno datano datano data
Deane Ilukowicz
Chief People Officer7.5yrsno datano data
James Schimanski
Senior Vice President of Global Supply Chain4yrsno datano data
Thomas Adams
Senior Vice President - Windno datano datano data
Gokhan Serdar
Senior Vice President of Turkey3.4yrsno datano data
Gordon Davis
Senior Vice President of Mexico1yrno datano data
3.7yrs
Average Tenure
51.5yo
Average Age

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

Board Members

NamePositionTenureCompensationOwnership
William Siwek
President5yrsUS$1.62m0.55%
$ 309.1k
Paul Giovacchini
Lead Independent Director19.3yrsUS$262.50k0.17%
$ 95.3k
James Hughes
Independent Director9.6yrsUS$231.25k0.093%
$ 52.2k
Edward Hall
Independent Director1yrUS$245.00k0.014%
$ 8.1k
Steven Lockard
Independent Chairman of the Board21.3yrsUS$280.00k0.91%
$ 508.2k
Jayshree Desai
Independent Director7.7yrsUS$247.50k0.081%
$ 45.3k
Andrew Moir
Board Observer1.3yrsno datano data
Tyrone Jordan
Independent Director6.3yrsUS$230.00k0.070%
$ 39.0k
Bavan Holloway
Independent Director4.7yrsUS$235.00k0.049%
$ 27.2k
6.3yrs
Average Tenure
61yo
Average Age

Experienced Board: TPIC's board of directors are considered experienced (6.3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/19 11:51
End of Day Share Price 2025/05/19 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

TPI Composites, Inc. is covered by 13 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jonathan WindhamBarclays
Dimple GosaiBofA Global Research
Kenneth HerbertCanaccord Genuity