Vestis Management
Management criteria checks 1/4
Vestis' CEO is Kim Scott, appointed in Oct 2021, has a tenure of 3.08 years. total yearly compensation is $3.18M, comprised of 24.4% salary and 75.6% bonuses, including company stock and options. directly owns 0.063% of the company’s shares, worth $1.11M. The average tenure of the management team and the board of directors is 1.8 years and 0.4 years respectively.
Key information
Kim Scott
Chief executive officer
US$3.2m
Total compensation
| CEO salary percentage | 24.4% |
| CEO tenure | 3.1yrs |
| CEO ownership | 0.06% |
| Management average tenure | 1.8yrs |
| Board average tenure | less than a year |
Recent management updates
Recent updates
Vestis: Stability Increases, Challenges Remain
Aug 21We Think That There Are More Issues For Vestis (NYSE:VSTS) Than Just Sluggish Earnings
Aug 19
Is Vestis (NYSE:VSTS) Using Too Much Debt?
Jun 16Vestis: Rising Concerns Cast Shadows On Future Prospects
Jun 09Vestis Q1 Results: Uniform And Workplace Player Faces Growing Concerns
May 03We Think That There Are Issues Underlying Vestis' (NYSE:VSTS) Earnings
Feb 16Vestis Corporation's (NYSE:VSTS) Shareholders Might Be Looking For Exit
Feb 02Vestis: Initiating A Buy Rating As Business And Industry Are Very Attractive
Jan 17Vestis: A Uniformly Good Bargain
Dec 15Vestis Fiscal Q4: Positive Earnings Signs Post Its Spinoff
Nov 29CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 28 2024 | n/a | n/a | US$117m |
| Mar 29 2024 | n/a | n/a | US$161m |
| Dec 29 2023 | n/a | n/a | US$192m |
| Sep 29 2023 | US$3m | US$775k | US$213m |
Compensation vs Market: Kim's total compensation ($USD3.18M) is below average for companies of similar size in the US market ($USD5.35M).
Compensation vs Earnings: Insufficient data to compare Kim's compensation with company performance.
CEO
Kim Scott (51 yo)
3.1yrs
Tenure
US$3,181,908
Compensation
Ms. Kimberly T. Scott, also known as Kim, serves as President and Chief Executive Officer and Director at Vestis Corporation since October 2021. She served as President and Chief Executive Officer of Arama...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.1yrs | US$3.18m | 0.063% $ 1.1m | |
| Executive VP & CFO | 2.5yrs | US$2.11m | 0.019% $ 334.8k | |
| Executive VP & CTO | 1.8yrs | US$588.17k | 0.00061% $ 10.8k | |
| Executive VP | 2.8yrs | US$1.41m | 0.036% $ 626.3k | |
| Executive VP & Chief Human Resources Officer | 1.8yrs | US$1.11m | 0.012% $ 219.9k | |
| Executive VP & Chief Operating Officer | less than a year | no data | no data | |
| Senior Vice President of Sales | less than a year | no data | no data |
1.8yrs
Average Tenure
52yo
Average Age
Experienced Management: VSTS's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.1yrs | US$3.18m | 0.063% $ 1.1m | |
| Independent Vice Chairman | no data | US$180.00k | 0.15% $ 2.6m | |
| Director | less than a year | no data | 0.0057% $ 100.0k | |
| Independent Director | less than a year | no data | 0.0010% $ 18.0k | |
| Independent Chairman | no data | US$180.00k | 0.031% $ 544.5k | |
| Director | no data | US$180.00k | 0.15% $ 2.6m | |
| Independent Director | no data | US$180.00k | no data | |
| Independent Director | no data | US$180.00k | 0.0064% $ 112.5k | |
| Independent Director | no data | US$180.00k | 0.0065% $ 113.9k | |
| Independent Director | no data | US$40.00k | no data |
0.4yrs
Average Tenure
59yo
Average Age
Experienced Board: VSTS's board of directors are not considered experienced ( 0.4 years average tenure), which suggests a new board.