Griffon Corporation

NYSE:GFF Stock Report

Market Cap: US$3.8b

Griffon Management

Management criteria checks 3/4

Griffon's CEO is Ron Kramer, appointed in Apr 2008, has a tenure of 16.58 years. total yearly compensation is $13.11M, comprised of 9.2% salary and 90.8% bonuses, including company stock and options. directly owns 3.99% of the company’s shares, worth $151.28M. The average tenure of the management team and the board of directors is 11.9 years and 6.3 years respectively.

Key information

Ron Kramer

Chief executive officer

US$13.1m

Total compensation

CEO salary percentage9.2%
CEO tenure16.6yrs
CEO ownership4.0%
Management average tenure11.9yrs
Board average tenure6.3yrs

Recent management updates

Recent updates

Even With A 25% Surge, Cautious Investors Are Not Rewarding Griffon Corporation's (NYSE:GFF) Performance Completely

Nov 22
Even With A 25% Surge, Cautious Investors Are Not Rewarding Griffon Corporation's (NYSE:GFF) Performance Completely

Griffon (NYSE:GFF) Is Increasing Its Dividend To $0.18

Nov 16
Griffon (NYSE:GFF) Is Increasing Its Dividend To $0.18

Is There An Opportunity With Griffon Corporation's (NYSE:GFF) 21% Undervaluation?

Nov 12
Is There An Opportunity With Griffon Corporation's (NYSE:GFF) 21% Undervaluation?

Griffon: Market Share Growth And Better Margins To Be Key Drivers

Oct 25

These 4 Measures Indicate That Griffon (NYSE:GFF) Is Using Debt Reasonably Well

Sep 28
These 4 Measures Indicate That Griffon (NYSE:GFF) Is Using Debt Reasonably Well

What Is Griffon Corporation's (NYSE:GFF) Share Price Doing?

Sep 05
What Is Griffon Corporation's (NYSE:GFF) Share Price Doing?

We Think Griffon's (NYSE:GFF) Solid Earnings Are Understated

Aug 15
We Think Griffon's (NYSE:GFF) Solid Earnings Are Understated

Griffon: Margin Improvements In Weaker Segment

Aug 12

Griffon Corporation's (NYSE:GFF) Intrinsic Value Is Potentially 36% Above Its Share Price

Aug 05
Griffon Corporation's (NYSE:GFF) Intrinsic Value Is Potentially 36% Above Its Share Price

Unpleasant Surprises Could Be In Store For Griffon Corporation's (NYSE:GFF) Shares

Jul 12
Unpleasant Surprises Could Be In Store For Griffon Corporation's (NYSE:GFF) Shares

Is Griffon (NYSE:GFF) Using Too Much Debt?

Jun 21
Is Griffon (NYSE:GFF) Using Too Much Debt?

Griffon Corporation: Still Undervalued After A Strong Run-up But Not A Screaming Buy

May 31

Griffon's Global Sourcing Strategy Is Improving Potential Returns

May 18

Should You Think About Buying Griffon Corporation (NYSE:GFF) Now?

May 07
Should You Think About Buying Griffon Corporation (NYSE:GFF) Now?

Investor Optimism Abounds Griffon Corporation (NYSE:GFF) But Growth Is Lacking

Apr 01
Investor Optimism Abounds Griffon Corporation (NYSE:GFF) But Growth Is Lacking

Here's Why Shareholders May Want To Be Cautious With Increasing Griffon Corporation's (NYSE:GFF) CEO Pay Packet

Mar 14
Here's Why Shareholders May Want To Be Cautious With Increasing Griffon Corporation's (NYSE:GFF) CEO Pay Packet

Does Griffon (NYSE:GFF) Have A Healthy Balance Sheet?

Mar 12
Does Griffon (NYSE:GFF) Have A Healthy Balance Sheet?

Taking A Gander At Griffon

Feb 22

Griffon's (NYSE:GFF) Solid Earnings Have Been Accounted For Conservatively

Feb 14
Griffon's (NYSE:GFF) Solid Earnings Have Been Accounted For Conservatively

When Should You Buy Griffon Corporation (NYSE:GFF)?

Jan 09
When Should You Buy Griffon Corporation (NYSE:GFF)?

There's Reason For Concern Over Griffon Corporation's (NYSE:GFF) Massive 26% Price Jump

Dec 22
There's Reason For Concern Over Griffon Corporation's (NYSE:GFF) Massive 26% Price Jump

Tweaking Its Strategy Will Keep Griffon Corporation On The Hunt

Dec 11

Griffon Corporation's (NYSE:GFF) Intrinsic Value Is Potentially 34% Above Its Share Price

Dec 10
Griffon Corporation's (NYSE:GFF) Intrinsic Value Is Potentially 34% Above Its Share Price

Griffon (NYSE:GFF) Seems To Use Debt Quite Sensibly

Nov 09
Griffon (NYSE:GFF) Seems To Use Debt Quite Sensibly

Griffon Corporation: Lower Demand Is Priced In Right Now

Oct 01

Griffon Corporation: Avoid It For Now

Aug 30

Is There An Opportunity With Griffon Corporation's (NYSE:GFF) 34% Undervaluation?

Jul 27
Is There An Opportunity With Griffon Corporation's (NYSE:GFF) 34% Undervaluation?

Griffon Corporation Decides To Carry On With Its Current Strategies

Jun 11

These 4 Measures Indicate That Griffon (NYSE:GFF) Is Using Debt Reasonably Well

Jun 07
These 4 Measures Indicate That Griffon (NYSE:GFF) Is Using Debt Reasonably Well

An Intrinsic Calculation For Griffon Corporation (NYSE:GFF) Suggests It's 25% Undervalued

Mar 09
An Intrinsic Calculation For Griffon Corporation (NYSE:GFF) Suggests It's 25% Undervalued

What Does Griffon Corporation's (NYSE:GFF) Share Price Indicate?

Feb 16
What Does Griffon Corporation's (NYSE:GFF) Share Price Indicate?

Griffon declares $0.10 dividend

Jan 31

Does Griffon (NYSE:GFF) Have A Healthy Balance Sheet?

Jan 26
Does Griffon (NYSE:GFF) Have A Healthy Balance Sheet?

Voss Capital - Griffon Corp.: Strong 2023 Guidance, Hefty Mid-Teens FCF Yield

Dec 10

Griffon (NYSE:GFF) Has Announced That It Will Be Increasing Its Dividend To $0.10

Nov 22
Griffon (NYSE:GFF) Has Announced That It Will Be Increasing Its Dividend To $0.10

CEO Compensation Analysis

How has Ron Kramer's remuneration changed compared to Griffon's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$210m

Jun 30 2024n/an/a

US$189m

Mar 31 2024n/an/a

US$197m

Dec 31 2023n/an/a

US$71m

Sep 30 2023US$13mUS$1m

US$78m

Jun 30 2023n/an/a

-US$380m

Mar 31 2023n/an/a

-US$376m

Dec 31 2022n/an/a

-US$256m

Sep 30 2022US$14mUS$1m

-US$288m

Jun 30 2022n/an/a

US$140m

Mar 31 2022n/an/a

US$102m

Dec 31 2021n/an/a

US$62m

Sep 30 2021US$20mUS$1m

US$70m

Jun 30 2021n/an/a

US$67m

Mar 31 2021n/an/a

US$74m

Dec 31 2020n/an/a

US$57m

Sep 30 2020US$16mUS$1m

US$41m

Jun 30 2020n/an/a

US$50m

Mar 31 2020n/an/a

US$42m

Dec 31 2019n/an/a

US$47m

Sep 30 2019US$12mUS$1m

US$25m

Jun 30 2019n/an/a

US$30m

Mar 31 2019n/an/a

US$24m

Dec 31 2018n/an/a

US$19m

Sep 30 2018US$14mUS$1m

US$33m

Compensation vs Market: Ron's total compensation ($USD13.11M) is above average for companies of similar size in the US market ($USD6.57M).

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

CEO

Ron Kramer (66 yo)

16.6yrs

Tenure

US$13,109,546

Compensation

Mr. Ronald J. Kramer, also known as Ron, is Independent Non-Executive Director at Entain plc since March 12, 2024. He serves as Independent Director of Franklin BSP Lending Corporation (formerly known as B...

Leadership Team

NamePositionTenureCompensationOwnership
Ronald Kramer
Chairman of the Board & CEO16.6yrsUS$13.11m3.99%
$ 151.3m
Robert Mehmel
President & COO11.9yrsUS$4.80m1.5%
$ 56.9m
Brian Harris
Executive VP & CFO9.3yrsUS$2.26m0.42%
$ 15.7m
Seth Kaplan
Senior VP14.5yrsUS$2.15m0.36%
$ 13.7m
W. Durborow
VP & Chief Accounting Officerno datano data0.12%
$ 4.6m
Michael Sarrica
Senior Vice President of Operationsno datano datano data
David Sweet
Vice President of Sustainabilityno datano datano data
Victor Weldon
President of Clopay Corporation3.1yrsno datano data

11.9yrs

Average Tenure

58.5yo

Average Age

Experienced Management: GFF's management team is seasoned and experienced (11.9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Ronald Kramer
Chairman of the Board & CEO31.8yrsUS$13.11m3.99%
$ 151.3m
Henry Alpert
Independent Director29.8yrsUS$201.50k0.16%
$ 5.9m
James Sight
Independent Director5.3yrsUS$243.50k0.035%
$ 1.3m
Cheryl Turnbull
Independent Director6.5yrsUS$238.50k0.071%
$ 2.7m
Jerome Coben
Independent Director4.3yrsUS$246.00k0.035%
$ 1.3m
Lacy Johnson
Independent Director5yrsUS$219.50k0.049%
$ 1.9m
Samanta Stewart
Independent Director6.2yrsUS$197.00k0.051%
$ 1.9m
Louis Grabowsky
Independent Director9.6yrsUS$247.00k0.11%
$ 4.1m
Victor Renuart
Independent Director10.8yrsUS$189.50k0.076%
$ 2.9m
Kevin Sullivan
Lead Independent Director11.8yrsUS$248.00k0.11%
$ 4.0m
H. C. Diao
Independent Director2.8yrsUS$218.00k0.019%
$ 720.5k
Michelle Taylor
Independent Director2.8yrsUS$204.50k0.019%
$ 720.5k

6.3yrs

Average Tenure

69yo

Average Age

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