SPX Technologies Management
Management criteria checks 4/4
SPX Technologies' CEO is Gene Lowe, appointed in Sep 2015, has a tenure of 8.58 years. total yearly compensation is $7.66M, comprised of 13.4% salary and 86.6% bonuses, including company stock and options. directly owns 1.2% of the company’s shares, worth $66.63M. The average tenure of the management team and the board of directors is 6.8 years and 8.6 years respectively.
Key information
Gene Lowe
Chief executive officer
US$7.7m
Total compensation
| CEO salary percentage | 13.4% |
| CEO tenure | 8.6yrs |
| CEO ownership | 1.2% |
| Management average tenure | 6.8yrs |
| Board average tenure | 8.6yrs |
Recent management updates
Recent updates
SPX Technologies, Inc.'s (NYSE:SPXC) Intrinsic Value Is Potentially 38% Above Its Share Price
Apr 18
Revenues Tell The Story For SPX Technologies, Inc. (NYSE:SPXC)
Apr 05Do SPX Technologies' (NYSE:SPXC) Earnings Warrant Your Attention?
Mar 22SPX Technologies: Trading At A Premium After A Successful M&A Induced Transformation
Feb 12Why SPX Technologies, Inc. (NYSE:SPXC) Could Be Worth Watching
Jan 31Is SPX Technologies (NYSE:SPXC) Using Too Much Debt?
Jan 13Earnings Tell The Story For SPX Technologies, Inc. (NYSE:SPXC)
Dec 26SPX Technologies: Good Growth Prospects And Potential For A Re-Rating
Dec 13Estimating The Fair Value Of SPX Technologies, Inc. (NYSE:SPXC)
Nov 02Does SPX Technologies (NYSE:SPXC) Have A Healthy Balance Sheet?
Oct 12SPX Technologies: A Good Buy At Current Levels
Sep 27What Does SPX Technologies, Inc.'s (NYSE:SPXC) Share Price Indicate?
Sep 20SPX Technologies: Healthy Outlook, Reasonable Valuation
Jul 10Does SPX Technologies (NYSE:SPXC) Have A Healthy Balance Sheet?
Jun 13What Does SPX Technologies, Inc.'s (NYSE:SPXC) Share Price Indicate?
May 26Is SPX Technologies, Inc. (NYSE:SPXC) Trading At A 33% Discount?
Mar 23These 4 Measures Indicate That SPX Technologies (NYSE:SPXC) Is Using Debt Reasonably Well
Mar 02At US$74.39, Is It Time To Put SPX Technologies, Inc. (NYSE:SPXC) On Your Watch List?
Feb 09SPX Technologies: Impressive Transformation
Jan 08Calculating The Fair Value Of SPX Technologies, Inc. (NYSE:SPXC)
Dec 17SPX Technologies brings on Insteel Industries' CFO Mark Carano as finance chief
Dec 07Is SPX Technologies (NYSE:SPXC) A Risky Investment?
Nov 29SPX Technologies divests subsidiaries with asbestos liabilities
Nov 01Is SPX Technologies, Inc. (NYSE:SPXC) Trading At A 45% Discount?
Sep 17SPX Technologies (NYSE:SPXC) Seems To Use Debt Quite Sensibly
Aug 30Is There Now An Opportunity In SPX Corporation (NYSE:SPXC)?
Aug 12SPX Corporation (NYSE:SPXC) Shares Could Be 41% Below Their Intrinsic Value Estimate
Jun 16Does SPX (NYSE:SPXC) Have A Healthy Balance Sheet?
May 28What Is SPX Corporation's (NYSE:SPXC) Share Price Doing?
May 10An Intrinsic Calculation For SPX Corporation (NYSE:SPXC) Suggests It's 44% Undervalued
Mar 18These 4 Measures Indicate That SPX (NYSE:SPXC) Is Using Debt Reasonably Well
Feb 27Is It Too Late To Consider Buying SPX Corporation (NYSE:SPXC)?
Feb 08CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$8m | US$1m | US$145m |
| Sep 30 2023 | n/a | n/a | US$88m |
| Jul 01 2023 | n/a | n/a | US$65m |
| Apr 01 2023 | n/a | n/a | US$46m |
| Dec 31 2022 | US$7m | US$991k | US$20m |
| Oct 01 2022 | n/a | n/a | US$49m |
| Jul 02 2022 | n/a | n/a | US$50m |
| Apr 02 2022 | n/a | n/a | US$49m |
| Dec 31 2021 | US$7m | US$953k | US$59m |
| Oct 02 2021 | n/a | n/a | US$88m |
| Jul 03 2021 | n/a | n/a | US$90m |
| Apr 03 2021 | n/a | n/a | US$87m |
| Dec 31 2020 | US$6m | US$918k | US$74m |
| Sep 26 2020 | n/a | n/a | US$76m |
| Jun 27 2020 | n/a | n/a | US$81m |
| Mar 28 2020 | n/a | n/a | US$86m |
| Dec 31 2019 | US$8m | US$878k | US$82m |
| Sep 28 2019 | n/a | n/a | US$81m |
| Jun 29 2019 | n/a | n/a | US$66m |
| Mar 30 2019 | n/a | n/a | US$66m |
| Dec 31 2018 | US$5m | US$846k | US$82m |
| Sep 29 2018 | n/a | n/a | US$99m |
| Jun 30 2018 | n/a | n/a | US$114m |
| Mar 31 2018 | n/a | n/a | US$86m |
| Dec 31 2017 | US$5m | US$818k | US$84m |
Compensation vs Market: Gene's total compensation ($USD7.66M) is about average for companies of similar size in the US market ($USD8.28M).
Compensation vs Earnings: Gene's compensation has been consistent with company performance over the past year.
CEO
Gene Lowe (55 yo)
8.6yrs
Tenure
US$7,658,614
Compensation
Mr. Eugene Joseph Lowe, III, also known as Gene, has been the Chief Executive Officer and President at SPX Technologies, Inc. (formerly known as SPX Corporation) since September 26, 2015. Mr. Lowe is respo...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 8.6yrs | US$7.66m | 1.2% $ 66.6m | |
| VP, CFO & Treasurer | 1.3yrs | US$2.29m | 0.0031% $ 171.9k | |
| President of Heating & Global Operations | 8.7yrs | US$2.15m | 0.093% $ 5.2m | |
| Segment President of Detection & Measurement | no data | US$2.04m | 0.19% $ 10.4m | |
| Segment President of HVAC | 1.6yrs | US$2.26m | 0.11% $ 6.3m | |
| VP, Chief Accounting Officer & Corporate Controller | 1.4yrs | no data | 0.015% $ 850.7k | |
| Chief Information Officer | 1.5yrs | no data | no data | |
| Vice President of Investor Relations & Communications | no data | no data | no data | |
| VP, General Counsel & Secretary | 8.6yrs | US$1.32m | 0.22% $ 12.3m | |
| VP & Chief Human Resources Officer | 9yrs | US$1.16m | 0.076% $ 4.2m | |
| Chief Commercial Officer | 10.7yrs | no data | no data | |
| President of Genfare Business | 5.1yrs | no data | no data |
6.8yrs
Average Tenure
53yo
Average Age
Experienced Management: SPXC's management team is seasoned and experienced (6.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 8.6yrs | US$7.66m | 1.2% $ 66.6m | |
| Independent Non-Executive Chairman | 8.6yrs | US$355.06k | 0.033% $ 1.8m | |
| Independent Director | 6.8yrs | US$227.56k | 0.046% $ 2.5m | |
| Independent Director | 8.6yrs | US$245.06k | 0.075% $ 4.2m | |
| Independent Director | 8.8yrs | US$227.54k | 0.065% $ 3.6m | |
| Independent Director | 8.6yrs | US$245.06k | 0.057% $ 3.1m | |
| Independent Director | 8.6yrs | US$220.06k | 0.033% $ 1.8m | |
| Independent Director | 4.3yrs | US$250.06k | 0.0062% $ 345.5k | |
| Independent Director | 2.9yrs | US$216.29k | 0.011% $ 593.4k |
8.6yrs
Average Tenure
62yo
Average Age
Experienced Board: SPXC's board of directors are considered experienced (8.6 years average tenure).