Matthews International Management
Management criteria checks 3/4
Matthews International's CEO is Joe Bartolacci, appointed in Sep 2005, has a tenure of 18.58 years. total yearly compensation is $6.47M, comprised of 16% salary and 84% bonuses, including company stock and options. directly owns 1.47% of the company’s shares, worth $12.05M. The average tenure of the management team and the board of directors is 6.8 years and 12.8 years respectively.
Key information
Joe Bartolacci
Chief executive officer
US$6.5m
Total compensation
| CEO salary percentage | 16.0% |
| CEO tenure | 18.6yrs |
| CEO ownership | 1.5% |
| Management average tenure | 6.8yrs |
| Board average tenure | 12.8yrs |
Recent management updates
Recent updates
The Returns At Matthews International (NASDAQ:MATW) Aren't Growing
Apr 17
We 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 12We Think Matthews International Corporation's (NASDAQ:MATW) CEO Compensation Package Needs To Be Put Under A Microscope
Feb 11Matthews International (NASDAQ:MATW) Has Announced A Dividend Of US$0.22
Feb 01Matthews International - Backbone Of Tesla's Battery Gigafactory
Jan 13Matthews International Corporation's (NASDAQ:MATW) Intrinsic Value Is Potentially 52% Above Its Share Price
Dec 28Is Matthews International (NASDAQ:MATW) A Risky Investment?
Dec 09At US$36.24, Is It Time To Put Matthews International Corporation (NASDAQ:MATW) On Your Watch List?
Nov 22Matthews International Corporation: A Very Good Opportunity For Long-Term Oriented Dividend Growth Investors
Sep 16Matthews International Corporation (NASDAQ:MATW) Shares Could Be 47% Below Their Intrinsic Value Estimate
Sep 16Matthews International: An Opportunity To Die For
Jun 29Matthews International (NASDAQ:MATW) Hasn't Managed To Accelerate Its Returns
May 29The Strong Earnings Posted By Matthews International (NASDAQ:MATW) Are A Good Indication Of The Strength Of The Business
May 08Matthews International Corporation 2021 Q2 - Results - Earnings Call Presentation
May 04Matthews declares $0.215 dividend
Apr 28Is Matthews International Corporation (NASDAQ:MATW) A Great Dividend Stock?
Apr 19Have Matthews International Corporation (NASDAQ:MATW) Insiders Been Selling Their Stock?
Mar 13Does Matthews International (NASDAQ:MATW) Have A Healthy Balance Sheet?
Mar 11How Much Is Matthews International Corporation (NASDAQ:MATW) Paying Its CEO?
Feb 22Matthews International Corporation 2021 Q1 - Results - Earnings Call Presentation
Jan 29CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 |
| Jun 30 2018 | n/a | n/a | US$97m |
| Mar 31 2018 | n/a | n/a | US$102m |
| Dec 31 2017 | n/a | n/a | US$99m |
| Sep 30 2017 | US$7m | US$837k | US$74m |
Compensation vs Market: Joe's total compensation ($USD6.47M) is above average for companies of similar size in the US market ($USD3.47M).
Compensation vs Earnings: Joe's compensation has been consistent with company performance over the past year.
CEO
Joe Bartolacci (63 yo)
18.6yrs
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 | 18.6yrs | US$6.47m | 1.47% $ 12.1m | |
| CFO & Corporate Secretary | 20.3yrs | US$2.27m | 0.53% $ 4.4m | |
| Executive VP & General Counsel | 15.2yrs | US$1.34m | 0.19% $ 1.6m | |
| Executive VP & Group President of Memorialization | 12.5yrs | US$1.68m | 0.27% $ 2.2m | |
| Executive VP & President of SGK Brand Solutions | 2.3yrs | US$1.26m | 0.15% $ 1.2m | |
| Senior Vice President of Global Compliance | 2.8yrs | no data | 0.016% $ 133.6k | |
| CTO, Group President of Industrial Technologies Segment & Director | 8.4yrs | US$3.36m | 0.22% $ 1.8m | |
| Head of IT & Chief Information Officer | 5.2yrs | no data | 0.029% $ 241.3k | |
| Senior Director of Corporate Development & Investor Relations | no data | no data | no data | |
| Senior Vice President of Human Resources | 2.8yrs | no data | 0.022% $ 182.2k | |
| Group President of Matthews Industrial Automation & Matthews Environmental Solutions | 1.5yrs | no data | 0.017% $ 138.6k | |
| Head of Strategy - APAC | no data | no data | no data |
6.8yrs
Average Tenure
57yo
Average Age
Experienced Management: MATW's management team is seasoned and experienced (6.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 18.4yrs | US$6.47m | 1.47% $ 12.1m | |
| CTO, Group President of Industrial Technologies Segment & Director | 13.4yrs | US$3.36m | 0.22% $ 1.8m | |
| Independent Chairman | 14.5yrs | US$350.00k | 0.089% $ 728.3k | |
| Independent Director | 12.8yrs | US$242.50k | 0.11% $ 877.8k | |
| Independent Director | 9.8yrs | US$236.00k | 0.69% $ 5.7m | |
| Independent Director | 9.2yrs | US$246.00k | 0.081% $ 665.6k | |
| Independent Director | 15.8yrs | US$240.00k | 0.13% $ 1.1m | |
| Independent Director | 12.8yrs | US$240.00k | 0.085% $ 700.6k | |
| Independent Director | 1.2yrs | US$230.00k | 0.0036% $ 29.1k | |
| Independent Director | 3.5yrs | US$247.50k | 0.032% $ 264.1k |
12.8yrs
Average Tenure
64.5yo
Average Age
Experienced Board: MATW's board of directors are seasoned and experienced ( 12.8 years average tenure).