Worthington Enterprises Management
Management criteria checks 2/4
Worthington Enterprises' CEO is Joe Hayek, appointed in Nov 2024, has a tenure of less than a year. total yearly compensation is $5.67M, comprised of 9.3% salary and 90.7% bonuses, including company stock and options. directly owns 0.38% of the company’s shares, worth $7.82M. The average tenure of the management team and the board of directors is 1.9 years and 9.5 years respectively.
Key information
Joe Hayek
Chief executive officer
US$5.7m
Total compensation
| CEO salary percentage | 9.3% |
| CEO tenure | less than a year |
| CEO ownership | 0.4% |
| Management average tenure | 1.9yrs |
| Board average tenure | 9.5yrs |
Recent management updates
Recent updates
Worthington Enterprises: Earnings Growth Likely To Stay Under Pressure
Dec 19Some May Be Optimistic About Worthington Enterprises' (NYSE:WOR) Earnings
Oct 16
Worthington Enterprises, Inc.'s (NYSE:WOR) Share Price Not Quite Adding Up
Sep 04Worthington Enterprises, Inc.'s (NYSE:WOR) Intrinsic Value Is Potentially 36% Above Its Share Price
Jul 15Is Worthington Enterprises (NYSE:WOR) A Risky Investment?
Jun 27Is It Time To Consider Buying Worthington Enterprises, Inc. (NYSE:WOR)?
Jun 12Worthington Enterprises: A Small Reshuffling (Rating Upgrade)
May 30Worthington Enterprises, Inc.'s (NYSE:WOR) Share Price Is Matching Sentiment Around Its Earnings
May 28Worthington Enterprises' (NYSE:WOR) Earnings Offer More Than Meets The Eye
Mar 27Worthington Industries: Valuation Re-Rating Completed Post Separation
Mar 25Worthington Enterprises (NYSE:WOR) Is Reducing Its Dividend To $0.16
Mar 06Calculating The Fair Value Of Worthington Enterprises, Inc. (NYSE:WOR)
Mar 04When Should You Buy Worthington Enterprises, Inc. (NYSE:WOR)?
Dec 07Worthington Industries: Unlocking Value After Spinoff Of Worthington Steel
Dec 05We Think Worthington Industries (NYSE:WOR) Can Stay On Top Of Its Debt
Oct 31Estimating The Intrinsic Value Of Worthington Industries, Inc. (NYSE:WOR)
Oct 18Worthington Industries (NYSE:WOR) Has More To Do To Multiply In Value Going Forward
Oct 03Worthington Industries: Why I Am Buying The Dip Post Fiscal Q1 Earnings
Sep 28Worthington Industries' (NYSE:WOR) Shareholders Will Receive A Bigger Dividend Than Last Year
Sep 03Worthington Industries (NYSE:WOR) Is Paying Out A Larger Dividend Than Last Year
Aug 20Worthington Industries: Still A Fantastic Steel Play As Infrastructure Investments Increase
Jul 28These 4 Measures Indicate That Worthington Industries (NYSE:WOR) Is Using Debt Reasonably Well
Jul 17Worthington Industries (NYSE:WOR) Will Pay A Larger Dividend Than Last Year At $0.32
Jul 02Worthington Industries (NYSE:WOR) Will Want To Turn Around Its Return Trends
Jun 28Calculating The Intrinsic Value Of Worthington Industries, Inc. (NYSE:WOR)
May 31CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Nov 30 2024 | n/a | n/a | US$43m |
| Aug 31 2024 | n/a | n/a | US$29m |
| May 31 2024 | US$6m | US$529k | US$28m |
| Feb 29 2024 | n/a | n/a | US$249m |
| Nov 30 2023 | n/a | n/a | US$252m |
| Aug 31 2023 | n/a | n/a | US$72m |
| May 31 2023 | US$3m | US$491k | US$113m |
| Feb 28 2023 | n/a | n/a | US$147m |
| Nov 30 2022 | n/a | n/a | US$178m |
| Aug 31 2022 | n/a | n/a | US$311m |
| May 31 2022 | US$3m | US$442k | US$138m |
| Feb 28 2022 | n/a | n/a | US$413m |
| Nov 30 2021 | n/a | n/a | US$424m |
| Aug 31 2021 | n/a | n/a | US$240m |
| May 31 2021 | US$3m | US$395k | US$724m |
| Feb 28 2021 | n/a | n/a | US$626m |
| Nov 30 2020 | n/a | n/a | US$574m |
| Aug 31 2020 | n/a | n/a | US$700m |
| May 31 2020 | US$4m | US$322k | US$79m |
| Feb 29 2020 | n/a | n/a | US$100m |
| Nov 30 2019 | n/a | n/a | US$112m |
| Aug 31 2019 | n/a | n/a | US$94m |
| May 31 2019 | US$1m | US$299k | US$153m |
Compensation vs Market: Joe's total compensation ($USD5.67M) is about average for companies of similar size in the US market ($USD5.51M).
Compensation vs Earnings: Joe's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Joe Hayek (52 yo)
less than a year
Tenure
US$5,665,727
Compensation
Mr. Joseph B. Hayek, also known as Joe, serves as President and Chief Executive Officer at Worthington Enterprises, Inc. since November 01, 2024 and served as Director since 2024. He had been Chief Financi...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | less than a year | US$5.67m | 0.38% $ 7.8m | |
| VP, General Counsel & Secretary | 3.9yrs | US$2.73m | 0.063% $ 1.3m | |
| Senior VP and Chief of Corporate Affairs | 6.3yrs | US$2.02m | 0.036% $ 727.8k | |
| President of Consumer Products | 3.5yrs | US$1.90m | 0.12% $ 2.4m | |
| VP & CFO | less than a year | no data | 0.031% $ 642.3k | |
| VP, Accounting Officer & Controller | less than a year | no data | 0.011% $ 234.9k | |
| Vice President & Chief Information Officer | less than a year | no data | no data | |
| Investor Relations Officer & Treasurer | 10.9yrs | no data | no data | |
| Vice President of Human Resources | 2.8yrs | no data | no data | |
| President of Buildings Products | no data | no data | 0.028% $ 580.7k | |
| Controller | less than a year | no data | no data |
1.9yrs
Average Tenure
42.5yo
Average Age
Experienced Management: WOR's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | less than a year | US$5.67m | 0.38% $ 7.8m | |
| Director | less than a year | US$10.11m | 0.75% $ 15.4m | |
| Chairman of the Board | 27.9yrs | US$631.02k | 0.34% $ 6.9m | |
| Independent Director | 14.3yrs | US$253.85k | 0.15% $ 3.0m | |
| Lead Independent Director | 25.9yrs | US$382.66k | 0.16% $ 3.3m | |
| Board Member | 1.9yrs | US$71.25k | 0.069% $ 1.4m | |
| Director | no data | US$253.41k | 0.21% $ 4.3m | |
| Independent Director | 13.8yrs | US$237.19k | 0.088% $ 1.8m | |
| Independent Director | 5.5yrs | US$249.69k | 0.048% $ 983.6k | |
| Independent Director | less than a year | US$253.41k | 0.013% $ 256.8k | |
| Independent Director | 13.5yrs | US$237.19k | 0.088% $ 1.8m | |
| Director | no data | US$253.41k | 0.013% $ 256.8k |
9.5yrs
Average Tenure
70yo
Average Age
Experienced Board: WOR's board of directors are considered experienced (9.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:08 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/11/30 |
| Annual Earnings | 2024/05/31 |
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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Worthington Enterprises, Inc. is covered by 16 analysts. 4 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 |
|---|---|
| David Gagliano | BMO Capital Markets Equity Research |
| Seth Rosenfeld | BNP Paribas Exane |
| Brian McNamara | Canaccord Genuity |