This company has been acquired
Manning & Napier Management
Management criteria checks 2/4
Key information
Marc Mayer
Chief executive officer
US$3.1m
Total compensation
| CEO salary percentage | 19.4% |
| CEO tenure | 3.8yrs |
| CEO ownership | 6.7% |
| Management average tenure | 4.5yrs |
| Board average tenure | 6.9yrs |
Recent management updates
Recent updates
Manning & Napier AUM tumble 7% in September
Oct 12Manning & Napier extends Callodine Group merger deadline
Sep 28Manning & Napier reports lower M/M AUM in August
Sep 13Manning & Napier GAAP EPS of $0.11, revenue of $33.8M
Aug 09Manning & Napier declares $0.05 dividend
Jul 22Manning & Napier reports 4.6% drop in June AUM
Jul 13Here's Why We Think Manning & Napier (NYSE:MN) Is Well Worth Watching
Dec 08
Do Manning & Napier's (NYSE:MN) Earnings Warrant Your Attention?
Mar 10Have Insiders Been Buying Manning & Napier, Inc. (NYSE:MN) Shares?
Feb 03Is Manning & Napier's (NYSE:MN) Share Price Gain Of 245% Well Earned?
Dec 10CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2022 | n/a | n/a | US$17m |
| Mar 31 2022 | n/a | n/a | US$21m |
| Dec 31 2021 | US$3m | US$600k | US$25m |
| Sep 30 2021 | n/a | n/a | US$23m |
| Jun 30 2021 | n/a | n/a | US$19m |
| Mar 31 2021 | n/a | n/a | US$14m |
| Dec 31 2020 | US$2m | US$500k | US$10m |
| Sep 30 2020 | n/a | n/a | US$5m |
| Jun 30 2020 | n/a | n/a | US$3m |
| Mar 31 2020 | n/a | n/a | US$2m |
| Dec 31 2019 | US$5m | US$458k | US$2m |
Compensation vs Market: Marc's total compensation ($USD3.10M) is above average for companies of similar size in the US market ($USD1.68M).
Compensation vs Earnings: Marc's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Marc Mayer (64 yo)
3.8yrs
Tenure
US$3,095,674
Compensation
Mr. Marc Orlans Mayer serves as Chairman of the Board at Manning & Napier, Inc. since July 30, 2020. Mr. Mayer is the Chief Executive Officer at Rainier Investment Management, LLC and Manning & Napier Advi...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board & CEO | 3.8yrs | US$3.10m | 6.74% $ 16.9m | |
| Chief Financial Officer | 4.6yrs | US$782.40k | no data | |
| Director of Investments | 7.6yrs | US$2.28m | 1.88% $ 4.7m | |
| Chief Technology Officer | 3.6yrs | no data | 0.17% $ 434.8k | |
| Investor Relations Contact | no data | no data | no data | |
| General Counsel & Corporate Secretary | 4.4yrs | no data | 0.13% $ 334.8k | |
| Chief Marketing & Strategy Officer | 4.6yrs | no data | 0.11% $ 278.2k | |
| Head of Human Resources | 1.5yrs | no data | 0.094% $ 235.5k | |
| Co-Head of Global Equities | 12.8yrs | no data | no data | |
| Managing Director of Global Strategies Group | no data | no data | no data | |
| Managing Director | no data | no data | no data | |
| Managing Director of the Investment Review Group | no data | no data | no data |
4.5yrs
Average Tenure
46yo
Average Age
Experienced Management: MN's management team is considered experienced (4.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board & CEO | 3.3yrs | US$3.10m | 6.74% $ 16.9m | |
| Lead Independent Director | 10.9yrs | US$264.94k | 2.82% $ 7.1m | |
| Director | 8.3yrs | US$145.00k | 0.76% $ 1.9m | |
| Independent Director | 1.3yrs | US$58.15k | no data | |
| Independent Director | 9.9yrs | US$214.94k | 0.93% $ 2.3m | |
| Independent Director | 5.5yrs | US$199.94k | 0.68% $ 1.7m |
6.9yrs
Average Tenure
62.5yo
Average Age
Experienced Board: MN's board of directors are considered experienced (6.9 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/10/23 15:01 |
| End of Day Share Price | 2022/10/20 00:00 |
| Earnings | 2022/06/30 |
| Annual Earnings | 2021/12/31 |
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 |
| |
| Management | 10 years |
| |
| 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.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
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 Github.
Analyst Sources
Manning & Napier, Inc. is covered by 8 analysts. 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 |
|---|---|
| Adam Beatty | BofA Global Research |
| Kenneth Worthington | J.P. Morgan |
| Robert Lee | Keefe, Bruyette, & Woods |