Meritage Hospitality Group Management
Management criteria checks 3/4
Meritage Hospitality Group's CEO is Robert Schermer, appointed in Oct 1998, has a tenure of 26.17 years. total yearly compensation is $1.70M, comprised of 21% salary and 79% bonuses, including company stock and options. directly owns 37.98% of the company’s shares, worth $36.08M. The average tenure of the management team and the board of directors is 13.7 years and 7 years respectively.
Key information
Robert Schermer
Chief executive officer
US$1.7m
Total compensation
| CEO salary percentage | 21.0% |
| CEO tenure | 26.2yrs |
| CEO ownership | 38.0% |
| Management average tenure | 13.7yrs |
| Board average tenure | 7yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$2m | US$356k | US$4m |
| Jan 01 2023 | n/a | n/a | US$6m |
| Jan 02 2022 | US$2m | US$316k | US$15m |
| Jan 03 2021 | US$2m | US$287k | US$13m |
| Dec 29 2019 | US$2m | US$261k | US$10m |
| Dec 30 2018 | n/a | n/a | US$12m |
| Dec 31 2017 | US$232k | US$221k | US$8m |
Compensation vs Market: Robert's total compensation ($USD1.70M) is above average for companies of similar size in the US market ($USD645.36K).
Compensation vs Earnings: Robert's compensation has been consistent with company performance over the past year.
CEO
Robert Schermer (65 yo)
26.2yrs
Tenure
US$1,695,200
Compensation
Mr. Robert E. Schermer Jr., has been the Chief Executive Officer of Meritage Hospitality Group Inc. since October 6, 1998. Previously, Mr. Schermer served as the President of Meritage Hospitality Group Inc...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 26.2yrs | US$1.70m | 37.98% $ 36.1m | |
| President | 18.8yrs | US$1.65m | 16.69% $ 15.9m | |
| CFO, VP | 8.6yrs | US$795.60k | 2.57% $ 2.4m | |
| Director of Accounting | no data | no data | no data | |
| Director of Legal & Risk | no data | no data | no data | |
| Director of Operations Support & Marketing | no data | no data | no data | |
| Director of Human Resources | no data | no data | no data | |
| Executive Vice President of Wendy’s Operations | 5.9yrs | no data | no data |
13.7yrs
Average Tenure
61yo
Average Age
Experienced Management: MHGU's management team is seasoned and experienced (13.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 28.9yrs | US$1.70m | 37.98% $ 36.1m | |
| President | 7.6yrs | US$1.65m | 16.69% $ 15.9m | |
| Independent Director | 19.4yrs | US$43.18k | 2.08% $ 2.0m | |
| Director | 6.3yrs | US$51.63k | 0.80% $ 762.1k | |
| Director | 2.1yrs | US$13.38k | 0.060% $ 57.4k | |
| Director | 4.5yrs | US$15.46k | 0.34% $ 319.3k |
7.0yrs
Average Tenure
64yo
Average Age
Experienced Board: MHGU's board of directors are considered experienced (7 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 16:37 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2023/12/31 |
| 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Meritage Hospitality Group Inc. 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 |
|---|---|
| Gregory Gibas | Northland Capital Markets |