RBC Bearings Management
Management criteria checks 4/4
RBC Bearings' CEO is Michael Hartnett, appointed in Apr 1992, has a tenure of 32.83 years. total yearly compensation is $8.98M, comprised of 11.1% salary and 88.9% bonuses, including company stock and options. directly owns 1.02% of the company’s shares, worth $116.51M. The average tenure of the management team and the board of directors is 12.9 years and 7.1 years respectively.
Key information
Michael Hartnett
Chief executive officer
US$9.0m
Total compensation
| CEO salary percentage | 11.1% |
| CEO tenure | 32.8yrs |
| CEO ownership | 1.0% |
| Management average tenure | 12.9yrs |
| Board average tenure | 7.1yrs |
Recent management updates
Recent updates
RBC Bearings (NYSE:RBC) Has A Pretty Healthy Balance Sheet
Feb 05
RBC Bearings: I Couldn't Bear To Wait Until Earnings For A Downgrade
Jan 24Shareholders Should Be Pleased With RBC Bearings Incorporated's (NYSE:RBC) Price
Jan 07RBC Bearings (NYSE:RBC) Ticks All The Boxes When It Comes To Earnings Growth
Dec 25What Does RBC Bearings Incorporated's (NYSE:RBC) Share Price Indicate?
Nov 23Impressive Earnings May Not Tell The Whole Story For RBC Bearings (NYSE:RBC)
Nov 08These 4 Measures Indicate That RBC Bearings (NYSE:RBC) Is Using Debt Reasonably Well
Oct 28RBC Bearings Incorporated's (NYSE:RBC) Intrinsic Value Is Potentially 23% Below Its Share Price
Sep 29If EPS Growth Is Important To You, RBC Bearings (NYSE:RBC) Presents An Opportunity
Sep 15Getting In Cheap On RBC Bearings Incorporated (NYSE:RBC) Might Be Difficult
Sep 01Should You Think About Buying RBC Bearings Incorporated (NYSE:RBC) Now?
Jul 30Does RBC Bearings (NYSE:RBC) Have A Healthy Balance Sheet?
Jul 15RBC Bearings: Strength In Aerospace And Defense Offset By Mixed Industrial Outlook
Jul 03Calculating The Fair Value Of RBC Bearings Incorporated (NYSE:RBC)
Jul 01We Ran A Stock Scan For Earnings Growth And RBC Bearings (NYSE:RBC) Passed With Ease
Jun 03At US$244, Is RBC Bearings Incorporated (NYSE:RBC) Worth Looking At Closely?
Apr 23Risks To Shareholder Returns Are Elevated At These Prices For RBC Bearings Incorporated (NYSE:RBC)
Apr 10Is RBC Bearings Incorporated (NYSE:RBC) Expensive For A Reason? A Look At Its Intrinsic Value
Mar 13RBC Bearings: Let The Headwinds In The Industrial Market Pass
Nov 30RBC Bearings: Rolling On
Aug 24RBC Bearings: Highly Profitable Opportunity For Long-Term Investment
Jun 03RBC Bearings Q3 2023 Earnings Preview
Feb 08RBC Bearings: Adjusting Expectations
Dec 14CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 28 2024 | n/a | n/a | US$217m |
| Sep 28 2024 | n/a | n/a | US$201m |
| Jun 29 2024 | n/a | n/a | US$198m |
| Mar 30 2024 | US$9m | US$998k | US$187m |
| Dec 30 2023 | n/a | n/a | US$174m |
| Sep 30 2023 | n/a | n/a | US$164m |
| Jul 01 2023 | n/a | n/a | US$156m |
| Apr 01 2023 | US$8m | US$950k | US$144m |
| Dec 31 2022 | n/a | n/a | US$126m |
| Oct 01 2022 | n/a | n/a | US$90m |
| Jul 02 2022 | n/a | n/a | US$50m |
| Apr 02 2022 | US$19m | US$900k | US$43m |
| Jan 01 2022 | n/a | n/a | US$42m |
| Oct 02 2021 | n/a | n/a | US$69m |
| Jul 03 2021 | n/a | n/a | US$91m |
| Apr 03 2021 | US$9m | US$632k | US$90m |
| Dec 26 2020 | n/a | n/a | US$98m |
| Sep 26 2020 | n/a | n/a | US$107m |
| Jun 27 2020 | n/a | n/a | US$118m |
| Mar 28 2020 | US$12m | US$775k | US$120m |
| Dec 28 2019 | n/a | n/a | US$124m |
| Sep 28 2019 | n/a | n/a | US$109m |
| Jun 29 2019 | n/a | n/a | US$108m |
| Mar 30 2019 | US$12m | US$775k | US$105m |
| Dec 29 2018 | n/a | n/a | US$100m |
| Sep 29 2018 | n/a | n/a | US$108m |
| Jun 30 2018 | n/a | n/a | US$93m |
| Mar 31 2018 | US$8m | US$775k | US$87m |
Compensation vs Market: Michael's total compensation ($USD8.98M) is about average for companies of similar size in the US market ($USD12.48M).
Compensation vs Earnings: Michael's compensation has been consistent with company performance over the past year.
CEO
Michael Hartnett (78 yo)
32.8yrs
Tenure
US$8,977,576
Compensation
Dr. Michael J. Hartnett, Ph.D. is the Chairman, Chief Executive Officer and President at Roller Bearing Company at America, Inc. Dr. Hartnett has been the President and Chief Executive Officer of Roller Be...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 32.8yrs | US$8.98m | 1.02% $ 116.5m | |
| VP & CFO | 4.3yrs | US$1.46m | 0.036% $ 4.1m | |
| VP, COO & Director | 21.5yrs | US$3.35m | 0.36% $ 40.6m | |
| VP, General Counsel & Secretary | 4.3yrs | US$548.30k | 0.0082% $ 935.9k | |
| VP & GM | 29.1yrs | US$1.08m | 0.040% $ 4.6m | |
| Director of Investor Relations | no data | no data | no data | |
| President of Dodge Industrial | 3yrs | no data | no data | |
| Corporate Controller | no data | no data | no data |
12.9yrs
Average Tenure
64yo
Average Age
Experienced Management: RBC's management team is seasoned and experienced (12.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 31.7yrs | US$8.98m | 1.02% $ 116.5m | |
| VP, COO & Director | 11.7yrs | US$3.35m | 0.36% $ 40.6m | |
| Independent Director | 22.7yrs | US$391.59k | 0.10% $ 11.6m | |
| Independent Director | 11.7yrs | US$396.59k | 0.065% $ 7.5m | |
| Independent Director | 2.8yrs | US$391.59k | 0.011% $ 1.2m | |
| Independent Director | 4.4yrs | US$396.59k | 0.020% $ 2.3m | |
| Independent Director | 7.1yrs | US$391.59k | 0.0083% $ 945.1k | |
| Independent Director | 5.4yrs | US$391.59k | 0.021% $ 2.4m | |
| Director | less than a year | no data | 0.0022% $ 246.2k |
7.1yrs
Average Tenure
71yo
Average Age
Experienced Board: RBC's board of directors are considered experienced (7.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/16 10:13 |
| End of Day Share Price | 2025/02/14 00:00 |
| Earnings | 2024/12/28 |
| Annual Earnings | 2024/03/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
RBC Bearings Incorporated is covered by 16 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Peter Lisnic | Baird |
| Walter Liptak | Barrington Research Associates, Inc. |
| Ronald Epstein | BofA Global Research |