Carrier Global Management
Management criteria checks 3/4
Carrier Global's CEO is Dave Gitlin, appointed in Jun 2019, has a tenure of 4.17 years. total yearly compensation is $17.70M, comprised of 7.8% salary and 92.2% bonuses, including company stock and options. directly owns 0.078% of the company’s shares, worth $42.99M. The average tenure of the management team and the board of directors is 4 years and 4.2 years respectively.
Key information
Dave Gitlin
Chief executive officer
US$17.7m
Total compensation
| CEO salary percentage | 7.8% |
| CEO tenure | 5yrs |
| CEO ownership | 0.08% |
| Management average tenure | 4yrs |
| Board average tenure | 4.2yrs |
Recent management updates
Recent updates
The Price Is Right For Carrier Global Corporation (NYSE:CARR)
May 21
We Think That There Are More Issues For Carrier Global (NYSE:CARR) Than Just Sluggish Earnings
May 03Carrier: Not Too Hot Yet
Apr 27Carrier Global (NYSE:CARR) Is Paying Out A Dividend Of $0.19
Apr 26Does Carrier Global (NYSE:CARR) Have A Healthy Balance Sheet?
Apr 19At US$58.13, Is Carrier Global Corporation (NYSE:CARR) Worth Looking At Closely?
Apr 01Estimating The Fair Value Of Carrier Global Corporation (NYSE:CARR)
Mar 14Carrier Global: Strong After-Market And Heat Pump Segment; Weak Residential Market
Feb 12The Price Is Right For Carrier Global Corporation (NYSE:CARR)
Jan 20Carrier Global: Carrying Great Momentum Into 2024
Jan 09Is Carrier Global (NYSE:CARR) A Risky Investment?
Jan 02Carrier Global's (NYSE:CARR) Shareholders Will Receive A Bigger Dividend Than Last Year
Dec 12Carrier Global (NYSE:CARR) Has Some Way To Go To Become A Multi-Bagger
Dec 11Carrier: Cool Things Happening In 2024
Dec 05A Look At The Fair Value Of Carrier Global Corporation (NYSE:CARR)
Nov 10Carrier Global: Trading At 20x FCF With Strong Margin Expansion; Maintain 'Strong Buy' Rating
Oct 30Is Carrier Global Corporation (NYSE:CARR) Potentially Undervalued?
Oct 26Does Carrier Global (NYSE:CARR) Have A Healthy Balance Sheet?
Sep 26Carrier Global: A Compounder In Heat Pumps And Climate Solutions
Sep 16Carrier Global (NYSE:CARR) Could Be At Risk Of Shrinking As A Company
Sep 11Carrier Global: Rating Downgrade As Share Price Has Reflected Its Fair Value
Aug 10Are Carrier Global Corporation (NYSE:CARR) Investors Paying Above The Intrinsic Value?
Jul 31Should You Think About Buying Carrier Global Corporation (NYSE:CARR) Now?
Jul 19Did Carrier Just Become A Must-Own Stock? The Potential Behind The Viessmann Acquisition
Jul 03Johnson Controls Or Carrier Global? Picking The Winner
Jun 27Carrier Global (NYSE:CARR) Is Paying Out A Larger Dividend Than Last Year
Jun 13Carrier Global (NYSE:CARR) Has A Pretty Healthy Balance Sheet
Jun 04Carrier Global: Another Buying Opportunity Has Presented Itself
May 29Carrier Global (NYSE:CARR) Has Some Difficulty Using Its Capital Effectively
May 23Carrier Global (NYSE:CARR) Is Paying Out A Larger Dividend Than Last Year
Apr 24Estimating The Fair Value Of Carrier Global Corporation (NYSE:CARR)
Apr 04Is Carrier Global Corporation (NYSE:CARR) Potentially Undervalued?
Mar 13We Think Carrier Global (NYSE:CARR) Can Stay On Top Of Its Debt
Feb 28The Returns At Carrier Global (NYSE:CARR) Aren't Growing
Feb 16Carrier Global Q4 2022 Earnings Preview
Feb 06With EPS Growth And More, Carrier Global (NYSE:CARR) Makes An Interesting Case
Feb 03Carrier Global: Decent Upside Expected As Business Continues To Perform Well
Jan 26Carrier Global: Wait For A Better Price
Jan 16Estimating The Intrinsic Value Of Carrier Global Corporation (NYSE:CARR)
Dec 28Carrier Global: Good Growth Prospects
Dec 23Carrier Global raises quarterly dividend by 23% to $0.185/share
Dec 07CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$1b |
| Dec 31 2023 | US$18m | US$1m | US$1b |
| Sep 30 2023 | n/a | n/a | US$1b |
| Jun 30 2023 | n/a | n/a | US$2b |
| Mar 31 2023 | n/a | n/a | US$3b |
| Dec 31 2022 | US$13m | US$1m | US$4b |
| Sep 30 2022 | n/a | n/a | US$4b |
| Jun 30 2022 | n/a | n/a | US$3b |
| Mar 31 2022 | n/a | n/a | US$3b |
| Dec 31 2021 | US$15m | US$1m | US$2b |
| Sep 30 2021 | n/a | n/a | US$2b |
| Jun 30 2021 | n/a | n/a | US$2b |
| Mar 31 2021 | n/a | n/a | US$2b |
| Dec 31 2020 | US$15m | US$958k | US$2b |
| Sep 30 2020 | n/a | n/a | US$2b |
| Jun 30 2020 | n/a | n/a | US$1b |
| Mar 31 2020 | n/a | n/a | US$2b |
| Dec 31 2019 | US$8m | US$967k | US$2b |
| Dec 31 2018 | US$6m | US$900k | US$3b |
| Dec 31 2017 | US$10m | US$813k | US$1b |
Compensation vs Market: Dave's total compensation ($USD17.70M) is about average for companies of similar size in the US market ($USD13.74M).
Compensation vs Earnings: Dave's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Dave Gitlin (55 yo)
5yrs
Tenure
US$17,695,200
Compensation
Mr. David L. Gitlin, also known as Dave, is Independent Director of The Boeing Company from June 21, 2022. He serves Chief Executive Officer of Carrier Global Corporation since June 2019 & has been its Dir...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 5yrs | US$17.70m | 0.078% $ 43.0m | |
| Senior VP & CFO | 3.6yrs | US$7.51m | 0.0082% $ 4.5m | |
| Senior VP & Chief Legal Officer | 4.4yrs | US$3.53m | 0.0051% $ 2.8m | |
| President of Fire & Security | 5.3yrs | US$6.26m | 0% $ 0 | |
| President of Refrigeration Segment | 2.8yrs | US$3.39m | 0.0015% $ 817.0k | |
| Senior Vice President of Operations | 1.4yrs | no data | no data | |
| Senior VP & CTO | 2.4yrs | no data | no data | |
| Vice President of Investor Relations | no data | no data | no data | |
| Senior VP and Chief Marketing & Communications Officer | 1.4yrs | no data | no data | |
| Senior VP & Chief Human Resources Officer | 9.4yrs | no data | 0.0094% $ 5.2m | |
| Senior VP & Chief Digital Officer | no data | no data | no data | |
| Senior VP of Global Services & Business Development and Chief Strategy Officer | 4.7yrs | no data | 0.011% $ 6.3m |
4.0yrs
Average Tenure
51.5yo
Average Age
Experienced Management: CARR's management team is considered experienced (4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 4.2yrs | US$17.70m | 0.078% $ 43.0m | |
| Independent Director | 4.2yrs | US$330.83k | no data | |
| Independent Director | 4.2yrs | US$310.83k | 0.0020% $ 1.1m | |
| Independent Director | 1.4yrs | US$329.14k | no data | |
| Independent Director | 4.2yrs | US$348.30k | no data | |
| Independent Director | 4.2yrs | US$339.80k | 0% $ 0 | |
| Independent Director | 4.2yrs | US$376.67k | no data | |
| Director | less than a year | no data | no data | |
| Lead Independent Director | 4.2yrs | US$347.74k | 0.0039% $ 2.2m | |
| Independent Director | 3yrs | US$310.88k | no data | |
| Alternate Director | 2.3yrs | no data | no data |
4.2yrs
Average Tenure
66.5yo
Average Age
Experienced Board: CARR's board of directors are considered experienced (4.2 years average tenure).