Whirlpool Management
Management criteria checks 3/4
Whirlpool's CEO is Marc Bitzer, appointed in Oct 2017, has a tenure of 6.5 years. total yearly compensation is $13.50M, comprised of 9.7% salary and 90.3% bonuses, including company stock and options. directly owns 0.4% of the company’s shares, worth $20.86M. The average tenure of the management team and the board of directors is 4.3 years and 8.1 years respectively.
Key information
Marc Bitzer
Chief executive officer
US$13.5m
Total compensation
| CEO salary percentage | 9.7% |
| CEO tenure | 6.5yrs |
| CEO ownership | 0.4% |
| Management average tenure | 4.3yrs |
| Board average tenure | 8.1yrs |
Recent management updates
Recent updates
Whirlpool (NYSE:WHR) Has A Somewhat Strained Balance Sheet
Apr 18
Whirlpool: 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 06Is Whirlpool Corporation (NYSE:WHR) Potentially Undervalued?
Dec 21Whirlpool Is A Potential Beneficiary Of Easier Fed Policy
Dec 18Does Whirlpool (NYSE:WHR) Have A Healthy Balance Sheet?
Dec 03Whirlpool's (NYSE:WHR) Dividend Will Be $1.75
Nov 03Whirlpool's High Debt Load Leaves It Vulnerable In A Downturn
Nov 01Whirlpool (NYSE:WHR) Has Announced A Dividend Of $1.75
Oct 20Whirlpool: Waiting For Cost Deflation
Oct 02A Look At The Intrinsic Value Of Whirlpool Corporation (NYSE:WHR)
Sep 30What Is Whirlpool Corporation's (NYSE:WHR) Share Price Doing?
Sep 08Whirlpool (NYSE:WHR) Is Due To Pay A Dividend Of $1.75
Aug 18Whirlpool: In A Vulnerable Position
Jul 26Is Whirlpool (NYSE:WHR) Using Too Much Debt?
Jul 19Calculating The Fair Value Of Whirlpool Corporation (NYSE:WHR)
Jun 28An Updated View On Whirlpool
Jun 20How Safe Is Whirlpool's Dividend?
Jun 14Whirlpool (NYSE:WHR) Is Due To Pay A Dividend Of $1.75
May 04Why Whirlpool Corporation (NYSE:WHR) Could Be Worth Watching
May 03Whirlpool (NYSE:WHR) Takes On Some Risk With Its Use Of Debt
Apr 12Calculating The Fair Value Of Whirlpool Corporation (NYSE:WHR)
Mar 22Whirlpool (NYSE:WHR) Has Affirmed Its Dividend Of $1.75
Feb 24Whirlpool declares $1.75 dividend
Feb 20Whirlpool - Getting Washed
Jan 28Should You Think About Buying Whirlpool Corporation (NYSE:WHR) Now?
Jan 16Whirlpool's 4.7% Dividend Is Tempting But It's Still Too Early
Jan 06How To Trade Whirlpool Into 2023
Dec 29We Think Whirlpool (NYSE:WHR) Is Taking Some Risk With Its Debt
Dec 26Whirlpool Corporation's (NYSE:WHR) Intrinsic Value Is Potentially 52% Above Its Share Price
Dec 04Whirlpool: A Favorable Risk To Reward Even With Continuing Headwinds
Oct 25CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 ($USD8.28M).
Compensation vs Earnings: Marc's compensation has been consistent with company performance over the past year.
CEO
Marc Bitzer (58 yo)
6.5yrs
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 | 6.5yrs | US$13.50m | 0.40% $ 20.9m | |
| Executive VP | 7.7yrs | US$4.75m | 0.096% $ 5.0m | |
| Executive VP & Chief Human Resources Officer | 5.1yrs | US$2.63m | 0.042% $ 2.2m | |
| Executive Vice President | 5yrs | US$2.54m | 0.035% $ 1.8m | |
| Senior VP & Chief Information Officer | 3.4yrs | no data | no data | |
| Head of Investor Relations | no data | 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 | 4.3yrs | no data | no data | |
| Executive Vice President of Corporate Relations & Sustainability | 2.3yrs | no data | no data | |
| Executive VP & President of Latin America | no data | no data | 0.035% $ 1.8m | |
| Executive VP & President of NAR | 1.1yrs | no data | 0.012% $ 614.3k | |
| Executive VP & GM of KitchenAid Small Appliances | less than a year | no data | 0.022% $ 1.1m |
4.3yrs
Average Tenure
53yo
Average Age
Experienced Management: WHR's management team is considered experienced (4.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 8.5yrs | US$13.50m | 0.40% $ 20.9m | |
| Independent Director | 6.3yrs | US$302.38k | 0.012% $ 621.1k | |
| Independent Director | 13.8yrs | US$325.70k | 0.0044% $ 230.9k | |
| Independent Director | less than a year | no data | 0.0026% $ 135.4k | |
| Independent Presiding Director | 13.8yrs | US$351.03k | 0.037% $ 1.9m | |
| Independent Director | 12.7yrs | US$301.15k | 0.020% $ 1.0m | |
| Independent Director | 10.2yrs | US$305.26k | 0.021% $ 1.1m | |
| Independent Director | 7.2yrs | US$331.15k | 0.0051% $ 264.6k | |
| Independent Director | 11.2yrs | US$314.12k | 0.027% $ 1.4m | |
| Independent Director | less than a year | US$58.30k | 0.0026% $ 135.4k | |
| Independent Director | 7.7yrs | US$301.34k | 0.0018% $ 95.5k | |
| Independent Director | 4yrs | US$302.17k | 0.0085% $ 439.0k |
8.1yrs
Average Tenure
65yo
Average Age
Experienced Board: WHR's board of directors are considered experienced (8.1 years average tenure).