Argan Management
Management criteria checks 4/4
Argan's CEO is David Watson, appointed in Aug 2022, has a tenure of 1.67 years. total yearly compensation is $1.40M, comprised of 21.8% salary and 78.2% bonuses, including company stock and options. directly owns 0.25% of the company’s shares, worth $2.01M. The average tenure of the management team and the board of directors is 2 years and 13.5 years respectively.
Key information
David Watson
Chief executive officer
US$1.4m
Total compensation
| CEO salary percentage | 21.8% |
| CEO tenure | 1.7yrs |
| CEO ownership | 0.2% |
| Management average tenure | 2yrs |
| Board average tenure | 13.5yrs |
Recent management updates
Recent updates
After Leaping 25% Argan, Inc. (NYSE:AGX) Shares Are Not Flying Under The Radar
Apr 17
Argan: Quality Business, Uncorrelated Returns, And Belongs In An All-Weather Portfolio
Apr 09Argan: 4 Reasons Why This Stock Is A Buy For Long-Term Dividend Investors
Mar 11Argan: Favorable Supply/Demand Environment And Improved Capital Allocation
Jan 31A Look At The Fair Value Of Argan, Inc. (NYSE:AGX)
Dec 22Argan: Shares Are Cheaper Than They Appear
Dec 11Argan: Encouraging Near-Term Trends Point To Further Share Price Gains
Nov 08Argan (NYSE:AGX) Is Increasing Its Dividend To $0.30
Sep 23Argan Stock: Recalibrating Expectations
Aug 23Argan (NYSE:AGX) Has Announced A Dividend Of $0.25
Jun 24Some Investors May Be Worried About Argan's (NYSE:AGX) Returns On Capital
Jun 08Argan, Inc.: Good Growth At Attractive Valuations
Jun 02Argan (NYSE:AGX) Will Pay A Dividend Of $0.25
Jan 03Argan: A High Quality Pick For 2023
Dec 26Time To Worry? Analysts Are Downgrading Their Argan, Inc. (NYSE:AGX) Outlook
Dec 15Argan declares $0.25 dividend and increases buyback to $125M
Dec 15Argan GAAP EPS of $0.56 misses by $0.14, revenue of $117.88M misses by $13.87M
Dec 07Argan's (NYSE:AGX) Dividend Will Be $0.25
Sep 12Argan: Assessing If Strong Potential Can Be Realized
Sep 08Argan CEO Bosselmann retires, CFO Watson to take over
Aug 18Argan Strategically Positioned With Respect To Energy Situation
Jun 24Argan (NYSE:AGX) Has Announced A Dividend Of US$0.25
Apr 15Argan Looks Appealing At This Price
Jan 25Argan, Inc. (NYSE:AGX) Analysts Are Reducing Their Forecasts For Next Year
Dec 14Argan: Low Risk, High Upside, But Extreme Volatility
Oct 12The CEO Of Argan, Inc. (NYSE:AGX) Might See A Pay Rise On The Horizon
Jun 19Argan EPS beats by $0.33, beats on revenue
Jun 08Argan (NYSE:AGX) Is Reinvesting At Lower Rates Of Return
Jun 04An Intrinsic Calculation For Argan, Inc. (NYSE:AGX) Suggests It's 32% Undervalued
May 09Does Argan, Inc. (NYSE:AGX) Have A Place In Your Dividend Stock Portfolio?
Mar 26The Trends At Argan (NYSE:AGX) That You Should Know About
Mar 05Is Argan, Inc.'s (NYSE:AGX) Recent Price Movement Underpinned By Its Weak Fundamentals?
Feb 12
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jan 31 2024 | n/a | n/a | US$32m |
| Oct 31 2023 | n/a | n/a | US$34m |
| Jul 31 2023 | n/a | n/a | US$36m |
| Apr 30 2023 | n/a | n/a | US$28m |
| Jan 31 2023 | US$1m | US$305k | US$33m |
| Oct 31 2022 | n/a | n/a | US$22m |
| Jul 31 2022 | n/a | n/a | US$26m |
| Apr 30 2022 | n/a | n/a | US$35m |
| Jan 31 2022 | US$2m | US$223k | US$38m |
| Oct 31 2021 | n/a | n/a | US$46m |
| Jul 31 2021 | n/a | n/a | US$43m |
| Apr 30 2021 | n/a | n/a | US$35m |
| Jan 31 2021 | US$863k | US$200k | US$24m |
| Oct 31 2020 | n/a | n/a | US$7m |
| Jul 31 2020 | n/a | n/a | -US$9m |
| Apr 30 2020 | n/a | n/a | -US$14m |
| Jan 31 2020 | US$1m | US$200k | -US$43m |
| Oct 31 2019 | n/a | n/a | -US$38m |
| Jul 31 2019 | n/a | n/a | US$2m |
| Apr 30 2019 | n/a | n/a | US$17m |
| Jan 31 2019 | US$948k | US$200k | US$52m |
| Oct 31 2018 | n/a | n/a | US$61m |
| Jul 31 2018 | n/a | n/a | US$46m |
| Apr 30 2018 | n/a | n/a | US$56m |
| Jan 31 2018 | US$1m | US$200k | US$72m |
Compensation vs Market: David's total compensation ($USD1.40M) is below average for companies of similar size in the US market ($USD3.42M).
Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.
CEO
David Watson (48 yo)
1.7yrs
Tenure
US$1,398,444
Compensation
Mr. David Hibbert Watson, CPA, is Chief Executive Officer, President and Director at Argan, Inc. since August 16, 2022. He had been the Chief Financial Officer at Argan, Inc. since October 15, 2015 until A...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 1.7yrs | US$1.40m | 0.25% $ 2.0m | |
| CFO, Senior VP | 1.7yrs | US$1.51m | 0.052% $ 418.7k | |
| Chief Executive Officer of Gemma Power Systems | 2.4yrs | US$2.68m | 0.052% $ 421.3k | |
| President of Gemma Power Systems | 2.4yrs | US$1.63m | no data |
2.0yrs
Average Tenure
50yo
Average Age
Experienced Management: AGX's management team is considered experienced (2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 1.7yrs | US$1.40m | 0.25% $ 2.0m | |
| Director | 21.3yrs | US$2.02m | 2.27% $ 18.4m | |
| Independent Chairman | 16.8yrs | US$169.06k | 0.32% $ 2.6m | |
| Lead Independent Director | 20.9yrs | US$143.76k | 0.56% $ 4.6m | |
| Independent Director | 20.5yrs | US$136.26k | 0.16% $ 1.3m | |
| Independent Director | 9.4yrs | US$141.56k | 0.094% $ 759.1k | |
| Director | 12yrs | US$3.03m | 1.32% $ 10.7m | |
| Independent Director | 15yrs | US$141.26k | 0.12% $ 1.0m | |
| Independent Director | 6.8yrs | US$151.26k | 0.060% $ 489.7k | |
| Independent Director | 4.6yrs | US$136.56k | 0.0014% $ 11.0k |
13.5yrs
Average Tenure
69yo
Average Age
Experienced Board: AGX's board of directors are seasoned and experienced ( 13.5 years average tenure).