DNOW Management

Management criteria checks 4/4

DNOW's CEO is Dave Cherechinsky, appointed in Jun 2020, has a tenure of 4.42 years. total yearly compensation is $5.58M, comprised of 17% salary and 83% bonuses, including company stock and options. directly owns 0.73% of the company’s shares, worth $11.59M. The average tenure of the management team and the board of directors is 4.8 years and 8.7 years respectively.

Key information

Dave Cherechinsky

Chief executive officer

US$5.6m

Total compensation

CEO salary percentage17.0%
CEO tenure4.4yrs
CEO ownership0.7%
Management average tenure4.8yrs
Board average tenure8.7yrs

Recent management updates

Recent updates

DNOW Inc: Not Really Attractive At This Stage As Growth Is Slowing Down.

Nov 16

DNOW Inc.: A Diversified Approach Will Offset The Near-Term Sluggishness

Aug 21

DNOW: Good Long Term Driven By Energy Transition Projects

May 23

DNOW: An Attractive Valuation With Strong Financials And Outlook

Feb 21

NOW Inc.: Steady Drivers But Lacks A Punch In The Short Term

Nov 08

NOW Inc.: Project Additions Offset The Industry Slackness (Rating Downgrade)

Aug 07

NOW Q4 2022 Earnings Preview

Feb 15

NOW Inc.: A Combination Of Pipeline And Clear Energy Projects Will Fuel Its Low Relative Valuation

Nov 09

NOW Q3 2022 Earnings Preview

Nov 01

NOW Inc.: Strong Margins, Improved Fundamentals, And Low Relative Valuation

Aug 12

NOW Non-GAAP EPS of $0.26 beats by $0.09, revenue of $539M beats by $49.94M

Aug 03

The Return Trends At NOW (NYSE:DNOW) Look Promising

May 18
The Return Trends At NOW (NYSE:DNOW) Look Promising

Are Investors Undervaluing NOW Inc. (NYSE:DNOW) By 47%?

Apr 20
Are Investors Undervaluing NOW Inc. (NYSE:DNOW) By 47%?

PVF Sales And Renewable Energy Projects Offset NOW's Cash Flow Problem

Apr 14

The Return Trends At NOW (NYSE:DNOW) Look Promising

Feb 16
The Return Trends At NOW (NYSE:DNOW) Look Promising

Industry Recovery And PVF Sales Can Outweigh NOW Inc.'s Cash Flow Woes

Jan 10

Investors Will Want NOW's (NYSE:DNOW) Growth In ROCE To Persist

Nov 06
Investors Will Want NOW's (NYSE:DNOW) Growth In ROCE To Persist

NOW's Medium-Term Prospect Can Outweigh Cash Flow Concerns

Sep 12

NOW Q1 2021 Earnings Preview

May 04

Is There An Opportunity With NOW Inc.'s (NYSE:DNOW) 46% Undervaluation?

Apr 17
Is There An Opportunity With NOW Inc.'s (NYSE:DNOW) 46% Undervaluation?

A Look At NOW's (NYSE:DNOW) Share Price Returns

Feb 20
A Look At NOW's (NYSE:DNOW) Share Price Returns

CEO Compensation Analysis

How has Dave Cherechinsky's remuneration changed compared to DNOW's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$202m

Jun 30 2024n/an/a

US$223m

Mar 31 2024n/an/a

US$233m

Dec 31 2023US$6mUS$947k

US$243m

Sep 30 2023n/an/a

US$129m

Jun 30 2023n/an/a

US$135m

Mar 31 2023n/an/a

US$127m

Dec 31 2022US$5mUS$797k

US$126m

Sep 30 2022n/an/a

US$107m

Jun 30 2022n/an/a

US$72m

Mar 31 2022n/an/a

US$45m

Dec 31 2021US$6mUS$650k

US$5m

Sep 30 2021n/an/a

-US$51m

Jun 30 2021n/an/a

-US$78m

Mar 31 2021n/an/a

-US$106m

Dec 31 2020US$1mUS$555k

-US$427m

Sep 30 2020n/an/a

-US$522m

Jun 30 2020n/an/a

-US$490m

Mar 31 2020n/an/a

-US$446m

Dec 31 2019US$2mUS$425k

-US$97m

Sep 30 2019n/an/a

US$58m

Jun 30 2019n/an/a

US$67m

Mar 31 2019n/an/a

US$67m

Dec 31 2018US$2mUS$390k

US$51m

Sep 30 2018n/an/a

US$32m

Jun 30 2018n/an/a

US$4m

Mar 31 2018n/an/a

-US$27m

Dec 31 2017US$1mUS$300k

-US$52m

Compensation vs Market: Dave's total compensation ($USD5.58M) is about average for companies of similar size in the US market ($USD5.43M).

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


CEO

Dave Cherechinsky (60 yo)

4.4yrs

Tenure

US$5,580,418

Compensation

Mr. David A. Cherechinsky, also known as Dave, serves as Director at DNOW Inc. since June 1, 2020. He serves as Chief Executive Officer and President at DNOW Inc since June 01, 2020. He served as Chief Fin...


Leadership Team

NamePositionTenureCompensationOwnership
David Cherechinsky
CEO, President & Director4.4yrsUS$5.58m0.73%
$ 11.6m
Mark Johnson
Senior VP & CFO4.4yrsUS$1.83m0.17%
$ 2.7m
Kelly Munson
Chief Administrative & Information Officer4.7yrsUS$1.36m0.11%
$ 1.7m
Raymond Chang
VP, General Counsel & Secretary10.8yrsUS$1.79m0.27%
$ 4.2m
Rocio Surratt
VP of Finance & Corporate Controller4.3yrsUS$805.14kno data
Brad Wise
Vice President of Digital Strategy & Investor Relationsno datano datano data
Scott Hauck
Executive Vice President of Digital Strategy4.8yrsno datano data
Dan Pratt
Senior Vice President of Energy Centers4.8yrsno datano data
Toby Eoff
President of Process Solutions8.1yrsno datano data

4.8yrs

Average Tenure

48yo

Average Age

Experienced Management: DNOW's management team is considered experienced (4.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
David Cherechinsky
CEO, President & Director4.4yrsUS$5.58m0.73%
$ 11.6m
Richard Alario
Chairman & Lead Independent Director10.5yrsUS$351.63k0.25%
$ 3.9m
Rodney Eads
Independent Director10.5yrsUS$243.50k0.10%
$ 1.6m
Paul Coppinger
Independent Director6.9yrsUS$261.63k0.078%
$ 1.2m
Karen David-Green
Independent Director1.7yrsUS$170.00k0.020%
$ 324.1k
Terry Bonno
Independent Director10.5yrsUS$239.88k0.097%
$ 1.5m
Galen Cobb
Independent Director10.5yrsUS$231.00k0.095%
$ 1.5m
Sonya Reed
Independent Director3.3yrsUS$220.88k0.045%
$ 718.9k

8.7yrs

Average Tenure

64yo

Average Age

Experienced Board: DNOW's board of directors are considered experienced (8.7 years average tenure).