Steel Partners Holdings Management

Management criteria checks 3/4

Steel Partners Holdings' CEO is Warren Lichtenstein, appointed in Jul 2009, has a tenure of 15.33 years. directly owns 23.38% of the company’s shares, worth $186.14M. The average tenure of the management team and the board of directors is 3.6 years and 6.9 years respectively.

Key information

Warren Lichtenstein

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	15.3yrs
CEO ownership	23.4%
Management average tenure	3.6yrs
Board average tenure	6.9yrs

Recent management updates

Recent updates

CEO

Warren Lichtenstein (59 yo)

15.3yrs

Tenure

Mr. Warren G. Lichtenstein served as Director at PCS-Mosaic Holdings, LLC until August 2023. He serves as an Executive Chairman at Steel Connect, Inc. (formerly known as ModusLink Global Solutions, Inc.) s...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Warren Lichtenstein	Executive Chairman of Steel Partners Holdings GP Inc.	15.3yrs	no data	23.38% $ 186.1m
Jack Howard	President & Director of Steel Partners Holdings GP Inc.	15.3yrs	US$1.05m	32.02% $ 254.9m
Joseph Martin	Chief Administrative Officer & Chief Legal Officer	1.4yrs	US$1.19m	0.068% $ 540.6k
Ryan O'Herrin	Chief Financial Officer	1.3yrs	no data	0.011% $ 85.8k
Gary Tankard	Chief Accounting Officer & Controller of Steel Partners Holdings GP Inc.	4.2yrs	no data	0.017% $ 136.8k
Stephanie McKinney	Chief Human Resources Officer	2.7yrs	no data	no data
Maria Reda	General Counsel and Assistant General Counsel & Secretary of Steel Partners Holdings GP Inc.	no data	no data	no data
Rory Yanchek	President of MTI	3.6yrs	no data	no data

3.6yrs

Average Tenure

49yo

Average Age

Experienced Management: SPLP's management team is considered experienced (3.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Warren Lichtenstein	Executive Chairman of Steel Partners Holdings GP Inc.	15.3yrs	no data	23.38% $ 186.1m
Jack Howard	President & Director of Steel Partners Holdings GP Inc.	13.1yrs	US$1.05m	32.02% $ 254.9m
Eric Karros	Independent Director of Steel Partners Holdings GP Inc.	6yrs	US$190.12k	0.23% $ 1.8m
John McNiff	Independent Director of Steel Partners Holdings GP Inc.	15.3yrs	US$270.72k	0.99% $ 7.9m
Lon Rosen	Independent Director of Steel Partners Holdings GP Inc.	6.9yrs	US$210.40k	0.14% $ 1.1m
James Benenson	Independent Director of Steel Partners Holdings GP Inc.	6yrs	US$210.40k	0.12% $ 941.5k
Rory Tahari	Independent Director of Steel Partners Holdings GP Inc.	5.5yrs	US$220.28k	0.12% $ 941.5k

6.9yrs

Average Tenure

59yo

Average Age

Experienced Board: SPLP's board of directors are considered experienced (6.9 years average tenure).

Steel Partners Holdings Management

Management criteria checks 3/4

Key information

Recent management updates

Steel Partners Holdings L.P., Annual General Meeting, May 23, 2024

Steel Partners Holdings L.P. Appoints Ryan O’ Herrin as Chief Financial Officer

Steel Partners Holdings L.P. Announces Executive Appointments

Gordon Walker Intents to Resign as Senior Vice President of Steel Partners Holdings L.P. Effective as of January 20, 2023

Insufficient new directors

Steel Partners Holdings L.P. Mourns the Passing of Board Member General Richard “Butch” Neal, USMC (Ret)

Recent updates

Steel Partners Holdings L.P. (NYSE:SPLP) announces an Equity Buyback for 1,267,803 shares, for $0.06 million.

Steel Partners Holdings L.P. (NYSE:SPLP) announces an Equity Buyback for 1,267,803 shares, for $0.06 million.

New Jersey Court Dismisses Age Discrimination Claim against Steel Partners Filed by Michael MacManus

Second quarter 2024 earnings released: EPS: US$5.72 (vs US$2.75 in 2Q 2023)

First quarter 2024 earnings released: EPS: US$1.65 (vs US$1.15 in 1Q 2023)

Steel Partners Holdings L.P., Annual General Meeting, May 23, 2024

New major risk - Earnings quality

Full year 2023 earnings released: EPS: US$7.04 (vs US$9.03 in FY 2022)

Third quarter 2023 earnings released: EPS: US$1.20 (vs US$1.57 in 3Q 2022)

Bargain 10.4% YTM On Term Preferred Stock From Steel Partners Holdings

Steel Partners Holdings: Bottom Line Remains Robust

Second quarter 2023 earnings released: EPS: US$2.75 (vs US$4.03 in 2Q 2022)

Steel Partners Holdings L.P. Appoints Ryan O’ Herrin as Chief Financial Officer

L3Harris Technologies, Inc. (NYSE:LHX) completed the acquisition Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) from a group of shareholders.

L3Harris Technologies, Inc. (NYSE:LHX) completed the acquisition Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) from a group of shareholders.

Steel Partners Holdings L.P. Announces Executive Appointments

First quarter 2023 earnings released: EPS: US$1.15 (vs US$0.21 in 1Q 2022)

Full year 2022 earnings released: EPS: US$9.03 (vs US$6.09 in FY 2021)

Gordon Walker Intents to Resign as Senior Vice President of Steel Partners Holdings L.P. Effective as of January 20, 2023

Insufficient new directors

Third quarter 2022 earnings released: EPS: US$1.57 (vs US$1.06 in 3Q 2021)

Steel Partners Holdings L.P. Announces Impairment Charges for the Third Quarter Ended September 30, 2022

Steel Partners GAAP EPS of $1.45, revenue of $425.7M

Steel Connect, Inc. Announces Settlement of the Reith v. Lichtenstein, et al., C.A. No. 2018-0277-MTZ (Del. Ch. 2018) Class and Derivative Action

Steel Partners: Company Expects To Ride On Favorable Pricing

Steel Partners Holdings L.P. Declares Quarterly Cash Distribution, Payable on September 15, 2022

Second quarter 2022 earnings released: EPS: US$4.03 (vs US$1.24 in 2Q 2021)

Steel Partners Holdings L.P. Mourns the Passing of Board Member General Richard “Butch” Neal, USMC (Ret)

First quarter 2022 earnings released: EPS: US$0.21 (vs US$2.34 in 1Q 2021)

Steel Partners Holdings L.P. Announces Impairment Charges for the Three Months Ended March 31, 2022

Insufficient new directors

Steel Partners Holdings L.P., Annual General Meeting, Jun 01, 2022

AEI US Subsidiary, Inc. entered into a definitive agreement to acquire SL Power Electronics Corp from Steel Partners Holdings L.P. (NYSE:SPLP) for approximately $140 million.

Steel Partners Holdings Appoints Stephanie McKinney as Chief Human Resources Officer

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Investor sentiment improved over the past week

Key Executive recently bought US$176k worth of stock

Key Executive recently bought US$593k worth of stock

Insufficient new directors

Third quarter 2021 earnings released: EPS US$1.06 (vs US$1.49 in 3Q 2020)

Investor sentiment deteriorated over the past week

Second quarter 2021 earnings released: EPS US$1.24 (vs US$0.007 loss in 2Q 2020)

Steel Partners Holdings L.P. Reports Impairment Charges for the Fourth Quarter Ended December 31, 2020

Steel Partners Holdings L.P. announced delayed annual 10-K filing

New 90-day high: US$14.10

New 90-day high: US$13.88

New 90-day high: US$11.01

Board Member recently bought US$199k worth of stock

New 90-day high: US$9.10

New 90-day high: US$8.85

Steel Partners Holdings L.P. (NYSE:SPLP) made a non-binding expression of interest to acquire remaining 62.4% stake in Steel Connect, Inc. (NasdaqGS:STCN).

New 90-day high: US$8.70

Third quarter 2020 earnings released: EPS US$1.49

New 90-day high - US$7.39

CEO

Tenure

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age