RBC Bearings Management
Management criteria checks 4/4
RBC Bearings' CEO is Michael Hartnett, appointed in Apr 1992, has a tenure of 32.08 years. total yearly compensation is $8.45M, comprised of 11.2% salary and 88.8% bonuses, including company stock and options. directly owns 1.01% of the company’s shares, worth $72.84M. The average tenure of the management team and the board of directors is 6.5 years and 8.6 years respectively.
Key information
Michael Hartnett
Chief executive officer
US$8.5m
Total compensation
| CEO salary percentage | 11.2% |
| CEO tenure | 32.1yrs |
| CEO ownership | 1.0% |
| Management average tenure | 6.5yrs |
| Board average tenure | 8.6yrs |
Recent management updates
Recent updates
At US$244, Is RBC Bearings Incorporated (NYSE:RBC) Worth Looking At Closely?
Apr 23
Risks 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 13Earnings Miss: RBC Bearings Incorporated Missed EPS By 17% And Analysts Are Revising Their Forecasts
Feb 11Does RBC Bearings (NYSE:RBC) Have A Healthy Balance Sheet?
Feb 04Investors Interested In RBC Bearings Incorporated's (NYSE:RBC) Earnings
Jan 07Why RBC Bearings Incorporated (NYSE:RBC) Could Be Worth Watching
Dec 25We Ran A Stock Scan For Earnings Growth And RBC Bearings (NYSE:RBC) Passed With Ease
Dec 11RBC Bearings: Let The Headwinds In The Industrial Market Pass
Nov 30An Intrinsic Calculation For RBC Bearings Incorporated (NYSE:RBC) Suggests It's 22% Undervalued
Nov 01Here's Why RBC Bearings (NYSE:RBC) Can Manage Its Debt Responsibly
Oct 18What Is RBC Bearings Incorporated's (NYSE:RBC) Share Price Doing?
Sep 19RBC Bearings: Rolling On
Aug 24If EPS Growth Is Important To You, RBC Bearings (NYSE:RBC) Presents An Opportunity
Aug 18Does RBC Bearings (NYSE:RBC) Have A Healthy Balance Sheet?
Jul 19RBC Bearings: Highly Profitable Opportunity For Long-Term Investment
Jun 03Is There Now An Opportunity In RBC Bearings Incorporated (NYSE:RBC)?
May 23RBC Bearings Incorporated's (NYSE:RBC) Intrinsic Value Is Potentially 25% Below Its Share Price
May 08Here's Why RBC Bearings (NYSE:RBC) Can Manage Its Debt Responsibly
Apr 19At US$240, Is It Time To Put RBC Bearings Incorporated (NYSE:RBC) On Your Watch List?
Feb 15RBC Bearings Q3 2023 Earnings Preview
Feb 08Does This Valuation Of RBC Bearings Incorporated (NYSE:RBC) Imply Investors Are Overpaying?
Jan 31We Think RBC Bearings (NYSE:RBC) Can Stay On Top Of Its Debt
Jan 16RBC Bearings: Adjusting Expectations
Dec 14Why RBC Bearings Incorporated (NYSE:RBC) Could Be Worth Watching
Nov 13RBC Bearings reports FQ2 earnings beat; issues Q3 guidance
Nov 10Does This Valuation Of RBC Bearings Incorporated (NYSE:RBC) Imply Investors Are Overpaying?
Oct 21RBC Bearings (NYSE:RBC) Seems To Use Debt Quite Sensibly
Oct 03RBC Bearings Incorporated: Shares Look Quite Lofty Today
Sep 29RBC Bearings Non-GAAP EPS of $1.79 beats by $0.25, revenue of $354.08M misses by $8.05M
Aug 04Is Now An Opportune Moment To Examine RBC Bearings Incorporated (NASDAQ:ROLL)?
Aug 03RBC Bearings (NASDAQ:ROLL) Has A Pretty Healthy Balance Sheet
Jun 28Calculating The Intrinsic Value Of RBC Bearings Incorporated (NASDAQ:ROLL)
Jun 10Should You Investigate RBC Bearings Incorporated (NASDAQ:ROLL) At US$187?
Apr 06RBC Bearings (NASDAQ:ROLL) Seems To Use Debt Quite Sensibly
Mar 17Estimating The Fair Value Of RBC Bearings Incorporated (NASDAQ:ROLL)
Feb 27RBC Bearings Offers A Tough Quality Versus Value Decision
Feb 24CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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$87m |
Compensation vs Market: Michael's total compensation ($USD8.45M) is about average for companies of similar size in the US market ($USD8.43M).
Compensation vs Earnings: Michael's compensation has been consistent with company performance over the past year.
CEO
Michael Hartnett (77 yo)
32.1yrs
Tenure
US$8,450,217
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 | 32.1yrs | US$8.45m | 1.01% $ 72.8m | |
| VP & CFO | 3.6yrs | US$1.12m | 0.034% $ 2.4m | |
| VP, COO & Director | 18.3yrs | US$3.54m | 0.39% $ 27.8m | |
| VP & GM | 28.3yrs | US$1.37m | 0.042% $ 3.0m | |
| VP & GM | 6.5yrs | US$818.26k | 0.043% $ 3.1m | |
| VP, General Counsel & Secretary | 3.6yrs | US$414.57k | 0.0094% $ 679.3k | |
| President of Dodge Industrial | 2.3yrs | no data | no data | |
| Corporate Controller | no data | no data | no data |
6.5yrs
Average Tenure
60.5yo
Average Age
Experienced Management: RBC's management team is seasoned and experienced (6.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 30.9yrs | US$8.45m | 1.01% $ 72.8m | |
| VP, COO & Director | 10.9yrs | US$3.54m | 0.39% $ 27.8m | |
| Independent Director | 21.9yrs | US$440.33k | 0.11% $ 7.7m | |
| Independent Director | 10.9yrs | US$435.33k | 0.079% $ 5.7m | |
| Independent Director | 2yrs | US$422.83k | 0.0093% $ 670.0k | |
| Independent Director | 3.7yrs | US$439.08k | 0.020% $ 1.4m | |
| Independent Director | 6.3yrs | US$435.33k | 0.011% $ 823.2k | |
| Independent Director | 4.7yrs | US$435.33k | 0.023% $ 1.7m |
8.6yrs
Average Tenure
70yo
Average Age
Experienced Board: RBC's board of directors are considered experienced (8.6 years average tenure).