Whirlpool Management
Management criteria checks 3/4
Whirlpool's CEO is Marc Bitzer, appointed in Oct 2017, has a tenure of 7.17 years. total yearly compensation is $13.50M, comprised of 9.7% salary and 90.3% bonuses, including company stock and options. directly owns 0.38% of the company’s shares, worth $23.98M. The average tenure of the management team and the board of directors is 4.9 years and 8.8 years respectively.
Key information
Marc Bitzer
Chief executive officer
US$13.5m
Total compensation
| CEO salary percentage | 9.7% |
| CEO tenure | 7.2yrs |
| CEO ownership | 0.4% |
| Management average tenure | 4.9yrs |
| Board average tenure | 8.8yrs |
Recent management updates
Recent updates
Whirlpool: Betting On A U.S. Manufacturing Recovery
Nov 08Whirlpool's (NYSE:WHR) Profits May Not Reveal Underlying Issues
Nov 04
Is Now The Time To Look At Buying Whirlpool Corporation (NYSE:WHR)?
Oct 18Whirlpool Dividend Yield Says Now Is A Good Time To Buy
Oct 13Whirlpool: 6.5% Yielding Strong Buy
Oct 01Is Whirlpool (NYSE:WHR) Using Too Much Debt?
Sep 30Whirlpool Corporation's (NYSE:WHR) Share Price Not Quite Adding Up
Sep 12Whirlpool's Weak Past Still Lingers
Sep 03Whirlpool Corporation Just Beat EPS By 83%: Here's What Analysts Think Will Happen Next
Jul 28Whirlpool: Interest Rate Cuts Will Exacerbate Macroeconomic Challenges
Jul 28Why Whirlpool Corporation (NYSE:WHR) Could Be Worth Watching
Jul 17Whirlpool Corporation's (NYSE:WHR) Intrinsic Value Is Potentially 91% Above Its Share Price
Jun 29Whirlpool Corporation: Cheap Enough For A Small Bet
Jun 24Whirlpool: A Vortex Stock Because Of Its Balance Sheet
May 29Insufficient Growth At Whirlpool Corporation (NYSE:WHR) Hampers Share Price
May 21Whirlpool Is A Strong Buy: Bargain-Priced Cyclical Exposure With A Top-Tier Dividend
May 10Whirlpool (NYSE:WHR) Has A Somewhat Strained Balance Sheet
Apr 18Whirlpool: The 6% Dividend Is All You'll Get
Apr 16The Recent Developments Make Whirlpool More Attractive (Rating Upgrade)
Apr 04Whirlpool Is A Strong Buy: Rock-Bottom Valuation, 6.5% Yield With Multiple Upside Catalysts
Mar 05Whirlpool's 6.5% Yield Is A Buy For Patient Dividend Investors
Feb 28Whirlpool's (NYSE:WHR) Earnings Seem To Be Promising
Feb 21Whirlpool: Dividend Cut Possible If 2024 Rebound Fails
Jan 30Risks To Shareholder Returns Are Elevated At These Prices For Whirlpool Corporation (NYSE:WHR)
Jan 28Calculating The Intrinsic Value Of Whirlpool Corporation (NYSE:WHR)
Jan 10Whirlpool: High Levels Of Debt And Stagnating Performance Are Not Exciting
Jan 06Whirlpool Is A Potential Beneficiary Of Easier Fed Policy
Dec 18Whirlpool's High Debt Load Leaves It Vulnerable In A Downturn
Nov 01Whirlpool: Waiting For Cost Deflation
Oct 02Whirlpool: In A Vulnerable Position
Jul 26CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$560m |
| Jun 30 2024 | n/a | n/a | US$535m |
| Mar 31 2024 | n/a | n/a | US$401m |
| Dec 31 2023 | US$14m | US$1m | US$481m |
| Sep 30 2023 | n/a | n/a | -US$2b |
| Jun 30 2023 | n/a | n/a | -US$2b |
| Mar 31 2023 | n/a | n/a | -US$2b |
| Dec 31 2022 | US$12m | US$1m | -US$2b |
| Sep 30 2022 | n/a | n/a | US$383m |
| Jun 30 2022 | n/a | n/a | US$711m |
| Mar 31 2022 | n/a | n/a | US$2b |
| Dec 31 2021 | US$19m | US$1m | US$2b |
| Sep 30 2021 | n/a | n/a | US$2b |
| Jun 30 2021 | n/a | n/a | US$2b |
| Mar 31 2021 | n/a | n/a | US$1b |
| Dec 31 2020 | US$17m | US$1m | US$1b |
| Sep 30 2020 | n/a | n/a | US$864m |
| Jun 30 2020 | n/a | n/a | US$830m |
| Mar 31 2020 | n/a | n/a | US$867m |
| Dec 31 2019 | US$14m | US$1m | US$1b |
| Sep 30 2019 | n/a | n/a | US$1b |
| Jun 30 2019 | n/a | n/a | US$918m |
| Mar 31 2019 | n/a | n/a | US$194m |
| Dec 31 2018 | US$12m | US$1m | -US$183m |
| Sep 30 2018 | n/a | n/a | -US$621m |
| Jun 30 2018 | n/a | n/a | -US$555m |
| Mar 31 2018 | n/a | n/a | US$291m |
| Dec 31 2017 | US$7m | US$1m | US$350m |
Compensation vs Market: Marc's total compensation ($USD13.50M) is above average for companies of similar size in the US market ($USD8.04M).
Compensation vs Earnings: Marc's compensation has been consistent with company performance over the past year.
CEO
Marc Bitzer (59 yo)
7.2yrs
Tenure
US$13,504,801
Compensation
Mr. Marc Robert Bitzer serves as Member of Supervisory Board at Bayerische Motoren Werke Aktiengesellschaft since May 12, 2021. He has been the Chief Executive Officer of Whirlpool Corporation since Octobe...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 7.2yrs | US$13.50m | 0.38% $ 24.0m | |
| Executive VP | 8.3yrs | US$4.75m | 0.082% $ 5.2m | |
| Executive VP & Chief Human Resources Officer | 5.8yrs | US$2.63m | 0.047% $ 3.0m | |
| Executive Vice President | 5.7yrs | US$2.54m | 0.035% $ 2.2m | |
| Senior VP | less than a year | no data | 0.010% $ 644.7k | |
| Senior VP & Chief Information Officer | 4.1yrs | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Senior VP & Legal General Counsel | less than a year | no data | no data | |
| Executive Vice President of Global Product Organization & Strategic Sourcing | no data | no data | no data | |
| Executive Vice President of Strategy & Business Development | 4.9yrs | no data | no data | |
| Executive Vice President of Corporate Relations & Sustainability | 2.9yrs | no data | no data | |
| Executive VP & President of Latin America | no data | no data | 0.044% $ 2.8m |
4.9yrs
Average Tenure
54yo
Average Age
Experienced Management: WHR's management team is considered experienced (4.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 9.2yrs | US$13.50m | 0.38% $ 24.0m | |
| Independent Director | 7yrs | US$302.38k | 0.012% $ 746.3k | |
| Independent Director | 14.5yrs | US$325.70k | 0.0044% $ 277.2k | |
| Independent Director | less than a year | no data | 0.0026% $ 162.9k | |
| Independent Presiding Director | 14.5yrs | US$356.15k | 0.037% $ 2.3m | |
| Independent Director | 13.3yrs | US$301.15k | 0.020% $ 1.3m | |
| Independent Director | 10.8yrs | US$305.26k | 0.020% $ 1.3m | |
| Independent Director | 7.8yrs | US$331.15k | 0.0050% $ 317.6k | |
| Independent Director | 11.8yrs | US$314.12k | 0.027% $ 1.7m | |
| Independent Director | 1.3yrs | US$58.30k | 0.0026% $ 162.9k | |
| Independent Director | 8.3yrs | US$301.34k | 0.0018% $ 114.3k | |
| Independent Director | 4.7yrs | US$302.17k | 0.0083% $ 527.2k |
8.8yrs
Average Tenure
66yo
Average Age
Experienced Board: WHR's board of directors are considered experienced (8.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:30 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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
Whirlpool Corporation is covered by 26 analysts. 9 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 |
|---|---|
| Mark Rosen | Accountability Research Corporation |
| Fabrizio Spagna | Axia Financial Research |
| Ishan Majumdar | Baptista Research |