Matthews International Management
Management criteria checks 2/4
Matthews International's CEO is Joe Bartolacci, appointed in Sep 2005, has a tenure of 19.25 years. total yearly compensation is $6.47M, comprised of 16% salary and 84% bonuses, including company stock and options. directly owns 1.8% of the company’s shares, worth $15.30M. The average tenure of the management team and the board of directors is 9.1 years and 13.4 years respectively.
Key information
Joe Bartolacci
Chief executive officer
US$6.5m
Total compensation
| CEO salary percentage | 16.0% |
| CEO tenure | 19.3yrs |
| CEO ownership | 1.8% |
| Management average tenure | 9.1yrs |
| Board average tenure | 13.4yrs |
Recent management updates
Recent updates
Matthews International Corporation (NASDAQ:MATW) Stock Catapults 26% Though Its Price And Business Still Lag The Industry
Dec 11
Matthews International (NASDAQ:MATW) Will Pay A Larger Dividend Than Last Year At $0.25
Nov 25Matthews International: Signs Of Deleveraging And Margin Improvement
Nov 22These 4 Measures Indicate That Matthews International (NASDAQ:MATW) Is Using Debt Extensively
Nov 07Revenues Working Against Matthews International Corporation's (NASDAQ:MATW) Share Price
Oct 08Matthews International: Lawsuit Risks Loom, But Inflection Point Could Be Near
Oct 06Is Now An Opportune Moment To Examine Matthews International Corporation (NASDAQ:MATW)?
Jul 18Matthews International: Investigating Contrarian Potential In Unusual Conglomerate
Jul 07Matthews International Q2: Warehouse Automation Muting Energy Growth
May 06The Returns At Matthews International (NASDAQ:MATW) Aren't Growing
Apr 17We Think Matthews International (NASDAQ:MATW) Is Taking Some Risk With Its Debt
Mar 30Investors Don't See Light At End Of Matthews International Corporation's (NASDAQ:MATW) Tunnel
Mar 15Matthews International: Industrial Turnaround And Margins
Feb 27Shareholders Will Be Pleased With The Quality of Matthews International's (NASDAQ:MATW) Earnings
Feb 09Matthews International: Slow Orderbook Build And Not Great Delivery Rates
Feb 04Does Matthews International (NASDAQ:MATW) Have A Healthy Balance Sheet?
Nov 15Capital Allocation Trends At Matthews International (NASDAQ:MATW) Aren't Ideal
Oct 11Is Matthews International (NASDAQ:MATW) A Risky Investment?
Jul 01Capital Allocation Trends At Matthews International (NASDAQ:MATW) Aren't Ideal
Jun 08We Think Matthews International (NASDAQ:MATW) Can Stay On Top Of Its Debt
Feb 26Matthews International (NASDAQ:MATW) Is Finding It Tricky To Allocate Its Capital
Jan 04Matthews International (NASDAQ:MATW) Is Paying Out A Larger Dividend Than Last Year
Nov 23Matthews International: Single-Digit Multiple Despite Ecommerce, EV And Traceability Catalysts
Sep 25Matthews International: Perennial Dividend Raiser To Benefit From EV And E-Commerce Growth
Aug 29Matthews International (NASDAQ:MATW) Will Pay A Dividend Of $0.22
Jul 31Is Matthews International Corporation (NASDAQ:MATW) Trading At A 45% Discount?
Jun 20Matthews International Corporation: Patience Should Pay Off
May 27Matthews International (NASDAQ:MATW) Could Be Struggling To Allocate Capital
Apr 12CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$60m |
| Jun 30 2024 | n/a | n/a | US$26m |
| Mar 31 2024 | n/a | n/a | US$33m |
| Dec 31 2023 | n/a | n/a | US$33m |
| Sep 30 2023 | US$6m | US$1m | US$39m |
| Jun 30 2023 | n/a | n/a | -US$59m |
| Mar 31 2023 | n/a | n/a | -US$65m |
| Dec 31 2022 | n/a | n/a | -US$76m |
| Sep 30 2022 | US$6m | US$1m | -US$100m |
| Jun 30 2022 | n/a | n/a | -US$22m |
| Mar 31 2022 | n/a | n/a | -US$22m |
| Dec 31 2021 | n/a | n/a | -US$15m |
| Sep 30 2021 | US$7m | US$944k | US$3m |
| Jun 30 2021 | n/a | n/a | US$14m |
| Mar 31 2021 | n/a | n/a | US$13m |
| Dec 31 2020 | n/a | n/a | -US$78m |
| Sep 30 2020 | US$7m | US$922k | -US$87m |
| Jun 30 2020 | n/a | n/a | -US$166m |
| Mar 31 2020 | n/a | n/a | -US$153m |
| Dec 31 2019 | n/a | n/a | -US$52m |
| Sep 30 2019 | US$7m | US$892k | -US$38m |
| Jun 30 2019 | n/a | n/a | US$63m |
| Mar 31 2019 | n/a | n/a | US$73m |
| Dec 31 2018 | n/a | n/a | US$75m |
| Sep 30 2018 | US$7m | US$874k | US$107m |
Compensation vs Market: Joe's total compensation ($USD6.47M) is above average for companies of similar size in the US market ($USD3.21M).
Compensation vs Earnings: Joe's compensation has increased whilst the company is unprofitable.
CEO
Joe Bartolacci (64 yo)
19.3yrs
Tenure
US$6,473,964
Compensation
Mr. Joseph C. Bartolacci, also known as Joe, has been the Chief Executive Officer and President of Matthews International Corporation since October 1, 2006 and September 1, 2005 respectively. Mr. Bartolacc...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 19.3yrs | US$6.47m | 1.8% $ 15.3m | |
| CFO & Corporate Secretary | 21yrs | US$2.27m | 0.61% $ 5.2m | |
| Executive VP & General Counsel | 15.8yrs | US$1.34m | 0.25% $ 2.1m | |
| Executive VP & Group President of Memorialization | 13.2yrs | US$1.68m | 0.32% $ 2.7m | |
| Executive VP & President of SGK Brand Solutions | 2.9yrs | US$1.26m | 0.20% $ 1.7m | |
| Senior Vice President of Global Compliance | 3.4yrs | no data | 0.028% $ 235.8k | |
| CTO, Group President of Industrial Technologies Segment & Director | 9.1yrs | US$3.36m | 0.28% $ 2.4m | |
| Head of IT & Chief Information Officer | 5.8yrs | no data | 0.054% $ 456.8k | |
| Senior Director of Corporate Development & Investor Relations | no data | no data | no data | |
| Senior Vice President of Human Resources | 3.4yrs | no data | 0.042% $ 356.0k | |
| Group President of Matthews Industrial Automation & Matthews Environmental Solutions | 2.2yrs | no data | 0.021% $ 175.9k | |
| VP & Controller | 21.3yrs | no data | no data |
9.1yrs
Average Tenure
60yo
Average Age
Experienced Management: MATW's management team is seasoned and experienced (9.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 19.1yrs | US$6.47m | 1.8% $ 15.3m | |
| CTO, Group President of Industrial Technologies Segment & Director | 14.1yrs | US$3.36m | 0.28% $ 2.4m | |
| Independent Chairman | 15.2yrs | US$350.00k | 0.089% $ 756.9k | |
| Independent Director | 13.4yrs | US$242.50k | 0.11% $ 912.2k | |
| Independent Director | 10.4yrs | US$236.00k | 0.69% $ 5.9m | |
| Independent Director | 9.8yrs | US$246.00k | 0.081% $ 691.8k | |
| Independent Director | 16.4yrs | US$240.00k | 0.13% $ 1.1m | |
| Independent Director | 13.4yrs | US$240.00k | 0.086% $ 728.1k | |
| Independent Director | 1.8yrs | US$230.00k | 0.0036% $ 30.3k | |
| Independent Director | 4.2yrs | US$247.50k | 0.032% $ 274.5k | |
| Director | less than a year | no data | no data |
13.4yrs
Average Tenure
65yo
Average Age
Experienced Board: MATW's board of directors are seasoned and experienced ( 13.4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 05:21 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/09/30 |
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 |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Matthews International Corporation is covered by 9 analysts. 2 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 |
|---|---|
| Liam Burke | B. Riley Securities, Inc. |
| James Clement | Buckingham Research Group Inc. |
| Daniel Moore | CJS Securities, Inc. |