UFP Industries Management
Management criteria checks 4/4
UFP Industries' CEO is Matt Missad, appointed in Jul 2011, has a tenure of 13.42 years. total yearly compensation is $8.45M, comprised of 10.2% salary and 89.8% bonuses, including company stock and options. directly owns 0.54% of the company’s shares, worth $37.71M. The average tenure of the management team and the board of directors is 8.9 years and 10.9 years respectively.
Key information
Matt Missad
Chief executive officer
US$8.5m
Total compensation
| CEO salary percentage | 10.2% |
| CEO tenure | 13.4yrs |
| CEO ownership | 0.5% |
| Management average tenure | 8.9yrs |
| Board average tenure | 10.9yrs |
Recent management updates
Recent updates
UFP Industries: A Hard Pass
Nov 29Should You Think About Buying UFP Industries, Inc. (NASDAQ:UFPI) Now?
Nov 12
Subdued Growth No Barrier To UFP Industries, Inc.'s (NASDAQ:UFPI) Price
Oct 22UFP Industries, Inc. (NASDAQ:UFPI) Shares Could Be 35% Above Their Intrinsic Value Estimate
Sep 12UFP Industries: A Sound Story
Sep 10Does UFP Industries (NASDAQ:UFPI) Have A Healthy Balance Sheet?
Aug 31UFP Industries (NASDAQ:UFPI) Has More To Do To Multiply In Value Going Forward
Aug 17Earnings Update: Here's Why Analysts Just Lifted Their UFP Industries, Inc. (NASDAQ:UFPI) Price Target To US$134
Aug 01Investors Don't See Light At End Of UFP Industries, Inc.'s (NASDAQ:UFPI) Tunnel
Jul 12When Should You Buy UFP Industries, Inc. (NASDAQ:UFPI)?
Jun 13UFP Industries: Overvalued, Even If It Can Continue To Grow With Acquisitions
May 30UFP Industries (NASDAQ:UFPI) Has A Pretty Healthy Balance Sheet
May 29Returns At UFP Industries (NASDAQ:UFPI) Are On The Way Up
May 03Improved Earnings Required Before UFP Industries, Inc. (NASDAQ:UFPI) Shares Find Their Feet
Apr 08Is UFP Industries, Inc. (NASDAQ:UFPI) Potentially Undervalued?
Feb 22UFP Industries (NASDAQ:UFPI) Is Increasing Its Dividend To $0.33
Feb 09Investors Should Be Encouraged By UFP Industries' (NASDAQ:UFPI) Returns On Capital
Jan 23There Is A Reason UFP Industries, Inc.'s (NASDAQ:UFPI) Price Is Undemanding
Jan 08UFP Industries (NASDAQ:UFPI) Has A Pretty Healthy Balance Sheet
Dec 25CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 28 2024 | n/a | n/a | US$431m |
| Jun 29 2024 | n/a | n/a | US$462m |
| Mar 30 2024 | n/a | n/a | US$485m |
| Dec 30 2023 | US$8m | US$860k | US$489m |
| Sep 30 2023 | n/a | n/a | US$518m |
| Jul 01 2023 | n/a | n/a | US$551m |
| Apr 01 2023 | n/a | n/a | US$603m |
| Dec 31 2022 | US$10m | US$824k | US$665m |
| Sep 24 2022 | n/a | n/a | US$671m |
| Jun 25 2022 | n/a | n/a | US$628m |
| Mar 26 2022 | n/a | n/a | US$601m |
| Dec 25 2021 | US$10m | US$815k | US$518m |
| Sep 25 2021 | n/a | n/a | US$446m |
| Jun 26 2021 | n/a | n/a | US$404m |
| Mar 27 2021 | n/a | n/a | US$301m |
| Dec 26 2020 | US$6m | US$807k | US$240m |
| Sep 26 2020 | n/a | n/a | US$216m |
| Jun 27 2020 | n/a | n/a | US$191m |
| Mar 28 2020 | n/a | n/a | US$180m |
| Dec 28 2019 | US$5m | US$793k | US$175m |
| Sep 28 2019 | n/a | n/a | US$168m |
| Jun 29 2019 | n/a | n/a | US$158m |
| Mar 30 2019 | n/a | n/a | US$148m |
| Dec 29 2018 | n/a | n/a | US$145m |
| Sep 29 2018 | n/a | n/a | US$146m |
| Jun 30 2018 | n/a | n/a | US$139m |
| Mar 31 2018 | n/a | n/a | US$129m |
Compensation vs Market: Matt's total compensation ($USD8.45M) is about average for companies of similar size in the US market ($USD7.88M).
Compensation vs Earnings: Matt's compensation has been consistent with company performance over the past year.
CEO
Matt Missad (63 yo)
13.4yrs
Tenure
US$8,454,535
Compensation
Mr. Matthew Jon Missad, CPA, also known as Matt, has been the Chief Executive Officer of UFP Industries, Inc. (formerly known as Universal Forest Products, Inc.) since July 13, 2011 and serves as its Chair...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman | 13.4yrs | US$8.45m | 0.54% $ 37.7m | |
| CFO & Treasurer | 24.9yrs | US$4.29m | 0.32% $ 22.3m | |
| President of UFP Construction LLC | 4.9yrs | US$2.76m | 0.16% $ 11.3m | |
| President of UFP Packaging LLC | 4.9yrs | US$2.57m | 0.19% $ 13.6m | |
| President of UFP Retail Solutions | 2.3yrs | US$2.27m | no data | |
| Vice President of Accounting & Administration | 18.8yrs | no data | no data | |
| Vice President of Communications & Investor Relations | no data | no data | no data | |
| Chief Compliance Officer | 13.3yrs | no data | 0.035% $ 2.5m | |
| COO of UFP Retail Solutions LLC & Executive VP of Innovation | 2.3yrs | US$2.67m | no data | |
| Executive Vice President of ProWood | 8.9yrs | no data | no data |
8.9yrs
Average Tenure
54yo
Average Age
Experienced Management: UFPI's management team is seasoned and experienced (8.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman | 13.9yrs | US$8.45m | 0.54% $ 37.7m | |
| Independent Director | 9.9yrs | US$225.00k | 0.0015% $ 106.7k | |
| Independent Director | 10.9yrs | US$210.00k | 0.035% $ 2.5m | |
| Independent Director | 46.9yrs | US$195.00k | 0.18% $ 12.4m | |
| Independent Director | 15.9yrs | US$205.00k | 0.013% $ 884.6k | |
| Independent Director | 8.9yrs | US$215.00k | 0.024% $ 1.7m | |
| Independent Director | 5.9yrs | US$205.00k | 0% $ 0 | |
| Lead Independent Director | 12.7yrs | US$220.00k | 0.0015% $ 106.7k | |
| Independent Director | 4.9yrs | US$205.00k | 0.0011% $ 77.2k |
10.9yrs
Average Tenure
62yo
Average Age
Experienced Board: UFPI's board of directors are seasoned and experienced ( 10.9 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 23:41 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/28 |
| Annual Earnings | 2023/12/30 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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 here.
Analysis Model and Snowflake
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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 .
Analyst Sources
UFP Industries, Inc. is covered by 11 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ishan Majumdar | Baptista Research |
| Reuben Garner | Benchmark Company |
| Ketan Mamtora | BMO Capital Markets Equity Research |