Loar Holdings Management
Management criteria checks 2/4
Loar Holdings' CEO is Dirkson Charles, appointed in Jan 2017, has a tenure of 7.83 years. total yearly compensation is $2.20M, comprised of 43.2% salary and 56.8% bonuses, including company stock and options. directly owns 5.4% of the company’s shares, worth $457.39M. The average tenure of the management team and the board of directors is 7.8 years and 0.6 years respectively.
Key information
Dirkson Charles
Chief executive officer
US$2.2m
Total compensation
| CEO salary percentage | 43.2% |
| CEO tenure | 7.8yrs |
| CEO ownership | 5.4% |
| Management average tenure | 7.8yrs |
| Board average tenure | less than a year |
Recent management updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$18m |
| Jun 30 2024 | n/a | n/a | US$12m |
| Mar 31 2024 | n/a | n/a | US$5m |
| Dec 31 2023 | US$2m | US$950k | -US$5m |
Compensation vs Market: Dirkson's total compensation ($USD2.20M) is below average for companies of similar size in the US market ($USD7.78M).
Compensation vs Earnings: Insufficient data to compare Dirkson's compensation with company performance.
CEO
Dirkson Charles (60 yo)
7.8yrs
Tenure
US$2,197,213
Compensation
Mr. Dirkson R. Charles is an Independent Director at Builders FirstSource, Inc. since June 14, 2022. Mr. Charles has been the President, Chief Executive Officer and Executive Co-Chairman at Loar Holdings I...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.8yrs | US$2.20m | 5.4% $ 457.4m | |
| Executive Co-Chairman | 7.8yrs | US$1.74m | 5.12% $ 433.4m | |
| Treasurer & CFO | 7.8yrs | US$734.29k | 1.21% $ 102.7m | |
| Director of Investor Relations | no data | no data | no data | |
| VP, General Counsel & Secretary | 7.8yrs | no data | 1.2% $ 101.4m | |
| Executive Vice President | less than a year | no data | no data |
7.8yrs
Average Tenure
59.5yo
Average Age
Experienced Management: LOAR's management team is seasoned and experienced (7.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.8yrs | US$2.20m | 5.4% $ 457.4m | |
| Executive Co-Chairman | 7.8yrs | US$1.74m | 5.12% $ 433.4m | |
| Independent Director | less than a year | no data | 10.71% $ 906.5m | |
| Lead Independent Director | less than a year | no data | no data | |
| Independent Director | less than a year | no data | 0.10% $ 8.4m | |
| Independent Director | less than a year | no data | 0.10% $ 8.4m | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | less than a year | no data | 0.10% $ 8.4m | |
| Independent Director | less than a year | no data | no data |
0.6yrs
Average Tenure
55.5yo
Average Age
Experienced Board: LOAR's board of directors are not considered experienced ( 0.6 years average tenure), which suggests a new board.