Virco Mfg Management
Management criteria checks 4/4
Virco Mfg's CEO is Robert Virtue, appointed in Jan 1988, has a tenure of 36.92 years. total yearly compensation is $557.03K, comprised of 65.4% salary and 34.6% bonuses, including company stock and options. directly owns 19.3% of the company’s shares, worth $32.98M. The average tenure of the management team and the board of directors is 20.9 years and 8.9 years respectively.
Key information
Robert Virtue
Chief executive officer
US$557.0k
Total compensation
| CEO salary percentage | 65.4% |
| CEO tenure | 36.9yrs |
| CEO ownership | 19.3% |
| Management average tenure | 20.9yrs |
| Board average tenure | 8.9yrs |
Recent management updates
Recent updates
Virco Mfg. Corporation Just Missed EPS By 40%: Here's What Analysts Think Will Happen Next
Dec 12
Virco: Some Favorable Themes, But Not Quite A Buy
Nov 26Under The Bonnet, Virco Mfg's (NASDAQ:VIRC) Returns Look Impressive
Oct 13Virco Mfg. Corporation (NASDAQ:VIRC) Not Doing Enough For Some Investors As Its Shares Slump 27%
Sep 25Virco's Q2 Shows Clear Signs Of Deterioration, But Stock Is Still A Hold
Sep 14Virco: The Wind Of Fortune Is Blowing In Its Favor
Sep 05Is Virco Mfg (NASDAQ:VIRC) A Risky Investment?
Jul 18Virco's Q1 Was Good But Backlogs Point To Challenges Ahead
Jun 13This Is The Reason Why We Think Virco Mfg. Corporation's (NASDAQ:VIRC) CEO Might Be Underpaid
Jun 12Cautious Investors Not Rewarding Virco Mfg. Corporation's (NASDAQ:VIRC) Performance Completely
May 29Virco Faces More Headwinds In The 2024 Bid Season, All Eyes On Q1 2025 Backlogs
May 09We Ran A Stock Scan For Earnings Growth And Virco Mfg (NASDAQ:VIRC) Passed With Ease
Apr 16Why The 26% Return On Capital At Virco Mfg (NASDAQ:VIRC) Should Have Your Attention
Feb 29Virco Mfg. Corporation's (NASDAQ:VIRC) Shares Climb 90% But Its Business Is Yet to Catch Up
Dec 28Shareholders Would Enjoy A Repeat Of Virco Mfg's (NASDAQ:VIRC) Recent Growth In Returns
Oct 23Here's Why Virco Mfg (NASDAQ:VIRC) Can Manage Its Debt Responsibly
Oct 01Is Virco Mfg (NASDAQ:VIRC) A Risky Investment?
Apr 28Virco Mfg (NASDAQ:VIRC) Is Looking To Continue Growing Its Returns On Capital
Mar 11Does Virco Mfg (NASDAQ:VIRC) Have A Healthy Balance Sheet?
Sep 14Virco Manufacturing GAAP EPS of $0.60, revenue of $82.8M
Sep 13Does Virco Mfg (NASDAQ:VIRC) Have A Healthy Balance Sheet?
May 05Virco Mfg's (NASDAQ:VIRC) Returns On Capital Not Reflecting Well On The Business
Sep 01We Think The Compensation For Virco Mfg. Corporation's (NASDAQ:VIRC) CEO Looks About Right
Jun 16Virco Manufacturing EPS beats by $0.07, beats on revenue
Jun 11Estimating The Intrinsic Value Of Virco Mfg. Corporation (NASDAQ:VIRC)
Jun 07At US$3.25, Is It Time To Put Virco Mfg. Corporation (NASDAQ:VIRC) On Your Watch List?
May 10Virco Manufacturing EPS misses by $0.11, misses on revenue
Apr 28Virco Mfg (NASDAQ:VIRC) Share Prices Have Dropped 25% In The Last Three Years
Feb 25Who Has Been Selling Virco Mfg. Corporation (NASDAQ:VIRC) Shares?
Jan 21
How Much Is Virco Mfg. Corporation (NASDAQ:VIRC) Paying Its CEO?
Dec 17Virco Manufacturing EPS in-line, misses on revenue
Dec 14CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Oct 31 2024 | n/a | n/a | US$25m |
| Jul 31 2024 | n/a | n/a | US$27m |
| Apr 30 2024 | n/a | n/a | US$25m |
| Jan 31 2024 | US$557k | US$364k | US$22m |
| Oct 31 2023 | n/a | n/a | US$28m |
| Jul 31 2023 | n/a | n/a | US$26m |
| Apr 30 2023 | n/a | n/a | US$20m |
| Jan 31 2023 | US$522k | US$352k | US$17m |
| Oct 31 2022 | n/a | n/a | -US$4m |
| Jul 31 2022 | n/a | n/a | -US$10m |
| Apr 30 2022 | n/a | n/a | -US$16m |
| Jan 31 2022 | US$341k | US$326k | -US$15m |
| Oct 31 2021 | n/a | n/a | -US$4m |
| Jul 31 2021 | n/a | n/a | -US$1m |
| Apr 30 2021 | n/a | n/a | -US$1m |
| Jan 31 2021 | US$302k | US$287k | -US$2m |
| Oct 31 2020 | n/a | n/a | -US$975k |
| Jul 31 2020 | n/a | n/a | -US$2m |
| Apr 30 2020 | n/a | n/a | US$751k |
| Jan 31 2020 | US$463k | US$319k | US$2m |
| Oct 31 2019 | n/a | n/a | US$243k |
| Jul 31 2019 | n/a | n/a | -US$717k |
| Apr 30 2019 | n/a | n/a | -US$1m |
| Jan 31 2019 | US$330k | US$318k | -US$2m |
| Oct 31 2018 | n/a | n/a | -US$4m |
| Jul 31 2018 | n/a | n/a | -US$4m |
| Apr 30 2018 | n/a | n/a | -US$5m |
| Jan 31 2018 | US$439k | US$306k | -US$3m |
Compensation vs Market: Robert's total compensation ($USD557.03K) is below average for companies of similar size in the US market ($USD1.41M).
Compensation vs Earnings: Robert's compensation has been consistent with company performance over the past year.
CEO
Robert Virtue (91 yo)
36.9yrs
Tenure
US$557,027
Compensation
Mr. Robert A. Virtue has been the Chairman of Virco Mfg. Corporation since 1990 and has been its Chief Executive Officer since 1988. Mr. Virtue served as the President of Virco Mfg.Corporation since Augus...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board & CEO | 36.9yrs | US$557.03k | 19.3% $ 33.0m | |
| President & Director | 10.1yrs | US$512.60k | 5.44% $ 9.3m | |
| CFO, Senior VP of Finance | 29.9yrs | US$515.18k | 0.73% $ 1.3m | |
| VP of Sales & Director | no data | US$313.15k | 4.33% $ 7.4m | |
| Senior VP & COO | 20.9yrs | no data | 0.58% $ 988.8k | |
| Senior VP of Accounting | 20.9yrs | no data | 0.20% $ 333.3k | |
| Senior VP & Chief Administrative Officer | no data | US$308.48k | 0.38% $ 646.6k | |
| General Counsel | no data | no data | 0.26% $ 441.4k |
20.9yrs
Average Tenure
65yo
Average Age
Experienced Management: VIRC's management team is seasoned and experienced (20.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board & CEO | 68.9yrs | US$557.03k | 19.3% $ 33.0m | |
| President & Director | 32.9yrs | US$512.60k | 5.44% $ 9.3m | |
| VP of Sales & Director | 6.7yrs | US$313.15k | 4.33% $ 7.4m | |
| Independent Director | 8.9yrs | US$181.25k | 0.68% $ 1.2m | |
| Independent Director | 6.7yrs | US$181.25k | 0.49% $ 840.7k | |
| Independent Director | 1.5yrs | US$118.75k | 0.17% $ 292.1k | |
| Independent Director | 10.6yrs | US$170.83k | 0.70% $ 1.2m |
8.9yrs
Average Tenure
66yo
Average Age
Experienced Board: VIRC's board of directors are considered experienced (8.9 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 14:52 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/10/31 |
| Annual Earnings | 2024/01/31 |
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
Virco Mfg. Corporation is covered by 1 analysts. 1 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 |
|---|---|
| Jay McCanless | Wedbush Securities Inc. |