Sunoco Management

Management criteria checks 4/4

Sunoco's CEO is Joe Kim, appointed in Jun 2017, has a tenure of 6.83 years. total yearly compensation is $5.49M, comprised of 11.8% salary and 88.2% bonuses, including company stock and options. directly owns 0.21% of the company’s shares, worth $10.16M. The average tenure of the management team and the board of directors is 4.6 years and 4.5 years respectively.

Key information

Joe Kim

Chief executive officer

US$5.5m

Total compensation

CEO salary percentage	11.8%
CEO tenure	6.8yrs
CEO ownership	0.2%
Management average tenure	4.6yrs
Board average tenure	4.5yrs

Recent management updates

Recent updates

Sunoco Q3: Operational Performance Has Been Strong, But Stock Looks Fairly Valued

Nov 17

Sunoco: Steady Q3 Results With Shares At Fair Value

Nov 01

Sunoco Is A Solid Income Option, But IDRs Are Burdensome

Sep 01

Sunoco: 8% Yield At The Pump, Record EBITDA

Jun 23

Sunoco: Income Investors Should Take Note Of This Undervalued Opportunity

Jun 03

Sunoco LP reports Q4 earnings miss; reaffirms FY23 Adjusted EBITDA outlook

Feb 15

Sunoco LP declares $0.8255 dividend

Jan 27

Sunoco: Attractive Dividend And Growing Through Acquisitions

Jan 19

Sunoco Q3 Earnings Preview

Oct 31

Sunoco LP declares $0.8255 dividend

Oct 25

Sunoco LP: 8% Yield, Leverage Keeps Improving

Sep 16

Sunoco: Surprisingly Strong Start To 2022, But The Same Distributions

Aug 20

Sunoco LP GAAP EPS of $1.20 beats by $0.14, revenue of $7.82B beats by $2.19B

Aug 03

The 8.4% Distribution Yield Of Sunoco LP Is Safer Than Most Investors Think

Jun 16

Sunoco: Distributions Still Stuck, Despite Pain At The Pump

Apr 01

The 7.6% Distribution Of Sunoco LP Is Safer Than You Think

Jan 20

Is Sunoco A Good Dividend Stock? Buy This Moated MLP For The 8.9% Yield

Sep 02

Sunoco LP: 9% Yield, Improving Leverage

Jul 23

CEO Compensation Analysis

How has Joe Kim's remuneration changed compared to Sunoco's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$5m	US$650k	US$311m
Sep 30 2023	n/a	n/a	US$473m
Jun 30 2023	n/a	n/a	US$285m
Mar 31 2023	n/a	n/a	US$321m
Dec 31 2022	US$5m	US$612k	US$397m
Sep 30 2022	n/a	n/a	US$442m
Jun 30 2022	n/a	n/a	US$463m
Mar 31 2022	n/a	n/a	US$508m
Dec 31 2021	US$3m	US$544k	US$446m
Sep 30 2021	n/a	n/a	US$429m
Jun 30 2021	n/a	n/a	US$426m
Mar 31 2021	n/a	n/a	US$417m
Dec 31 2020	US$4m	US$554k	US$135m
Sep 30 2020	n/a	n/a	US$134m
Jun 30 2020	n/a	n/a	US$100m
Mar 31 2020	n/a	n/a	-US$2m
Dec 31 2019	US$3m	US$523k	US$235m
Sep 30 2019	n/a	n/a	US$81m
Jun 30 2019	n/a	n/a	US$129m
Mar 31 2019	n/a	n/a	US$168m
Dec 31 2018	US$3m	US$503k	-US$20m
Sep 30 2018	n/a	n/a	US$263m
Jun 30 2018	n/a	n/a	US$258m
Mar 31 2018	n/a	n/a	US$124m
Dec 31 2017	US$2m	US$387k	US$212m

Compensation vs Market: Joe's total compensation ($USD5.49M) is about average for companies of similar size in the US market ($USD6.57M).

Compensation vs Earnings: Joe's compensation has been consistent with company performance over the past year.

CEO

Joe Kim (51 yo)

6.8yrs

Tenure

US$5,485,307

Compensation

Mr. Joseph Kim, also known as Joe, has been President of Sunoco GP LLC, general partner of Sunoco LP since June 22, 2017, and has been its Chief executive officer and director since January 1, 2018. Mr. Ki...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Joseph Kim	President	6.8yrs	US$5.49m	0.21% $ 10.2m
Dylan Bramhall	Chief Financial Officer of Sunoco GP LLC	3.5yrs	no data	0.016% $ 741.7k
Karl Fails	Executive VP & COO of Sunoco GP LLC	5.3yrs	US$2.80m	0.14% $ 6.5m
Brian Hand	Executive VP & Chief Sales Officer	4yrs	US$2.07m	0.085% $ 4.1m
Christopher Curia	Executive VP of Human Resources & Director of Sunoco GP LLC	9yrs	US$590.81k	0.091% $ 4.3m
Austin Harkness	Executive VP & Chief Commercial Officer	2.8yrs	US$1.86m	0.012% $ 576.7k
Rick Raymer	VP, Controller & Principal Accounting Officer of Sunoco GP LLC	3.5yrs	no data	0.0063% $ 299.4k
Scott Grischow	VP of Investor Relations	9.8yrs	no data	no data

4.6yrs

Average Tenure

49.5yo

Average Age

Experienced Management: SUN's management team is considered experienced (4.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Joseph Kim	President	6.3yrs	US$5.49m	0.21% $ 10.2m
Christopher Curia	Executive VP of Human Resources & Director of Sunoco GP LLC	9.7yrs	US$590.81k	0.091% $ 4.3m
Ray Washburne	Independent Chairman of the Board of Sunoco GP LLC	2yrs	US$246.66k	no data
David Skidmore	Independent Director of Sunoco GP LLC	2.9yrs	US$215.00k	0.017% $ 827.3k
W. Smith	Director of Sunoco GP LLC	less than a year	US$144.13k	0.0018% $ 83.7k
Oscar Alvarez	Independent Director of Sunoco GP LLC	6.1yrs	US$276.66k	0.012% $ 579.6k

4.5yrs

Average Tenure

65yo

Average Age

Experienced Board: SUN's board of directors are considered experienced (4.5 years average tenure).

Sunoco Management

Management criteria checks 4/4

Key information

Recent management updates

Insider recently sold US$417k worth of stock

President recently bought US$177k worth of stock

Chairman of the Board of Sunoco GP LLC recently bought US$94k worth of stock

Independent Director of Sunoco GP LLC recently bought US$95k worth of stock

Recent updates

7-Eleven, Inc. acquired 204 gas stations and convenience stores from Sunoco LP (NYSE:SUN) for approximately $950 million.

Sunoco LP: Big Deal Coming In 2024 - Mr. Market Says 'So What?'

Sunoco LP to Report Q1, 2024 Results on May 08, 2024

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Upcoming dividend of US$0.84 per share at 5.6% yield

Third quarter dividend of US$0.84 announced

Sunoco LP Declares Quarterly Distribution, Payable on February 20, 2024

A Fair Deal Between Sunoco And NuStar Energy

Sunoco LP (NYSE:SUN) entered into a definitive agreement to acquire NuStar Energy L.P. (NYSE:NS) in a transaction valued at approximately $7.3 billion.

Sunoco LP (NYSE:SUN) entered into a definitive agreement to acquire NuStar Energy L.P. (NYSE:NS) in an all-equity transaction valued at approximately $7.3 billion.

Sunoco: An Attractive Investment Prospect At An Unattractive Price Point

Sunoco to Buy Whiddy Island Oil Terminal

Sunoco to Buy Whiddy Island Oil Terminal

7-Eleven, Inc. entered into an agreement to acquire 204 gas stations and convenience stores from Sunoco LP (NYSE:SUN) for approximately $950 million.

7-Eleven, Inc. entered into an agreement to acquire 204 gas stations and convenience stores from Sunoco LP (NYSE:SUN) for approximately $950 million.

Insider recently sold US$417k worth of stock

Sunoco Q3: Operational Performance Has Been Strong, But Stock Looks Fairly Valued

New major risk - Revenue and earnings growth

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Sunoco: Steady Q3 Results With Shares At Fair Value

Sunoco LP Declares Quarterly Distribution for the Third Quarter of 2023, Payable on November 20, 2023

Consensus revenue estimates fall by 12%

Consensus revenue estimates decrease by 13%

Sunoco LP to Report Q3, 2023 Results on Nov 01, 2023

Sunoco Is A Solid Income Option, But IDRs Are Burdensome

Upcoming dividend of US$0.84 per share at 7.5% yield

New major risk - Financial position

Second quarter 2023 earnings: EPS misses analyst expectations

Sunoco LP Declares Quarterly Distribution for the Second Quarter of 2023, Payable on August 21, 2023

Sunoco LP to Report Q2, 2023 Results on Aug 02, 2023

Sunoco: 8% Yield At The Pump, Record EBITDA

Sunoco: Income Investors Should Take Note Of This Undervalued Opportunity

Consensus revenue estimates increase by 13%

Sunoco LP (NYSE:SUN) acquired 16 refined product terminals located across the East Coast and Midwest from Zenith Energy Management LLC for $110 million.

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Consensus EPS estimates increase by 13%, revenue downgraded

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Sunoco LP reports Q4 earnings miss; reaffirms FY23 Adjusted EBITDA outlook

Upcoming dividend of US$0.83 per share at 7.0% yield

Sunoco LP declares $0.8255 dividend

Sunoco LP Maintains Quarterly Distribution, Payable on February 21, 2023

Sunoco: Attractive Dividend And Growing Through Acquisitions

Sunoco LP to Report Q4, 2022 Results on Feb 15, 2023

Now 21% undervalued

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Sunoco LP (NYSE:SUN) executed a definitive agreement to acquire Peerless Oil & Chemicals, Inc. for $70 million.

Sunoco Q3 Earnings Preview

Sunoco LP Declares Distribution for the Third Quarter of 2022, Payable on November 18, 2022

Sunoco LP declares $0.8255 dividend

Sunoco LP to Report Q3, 2022 Results on Nov 01, 2022

Sunoco LP: 8% Yield, Leverage Keeps Improving

Sunoco: Surprisingly Strong Start To 2022, But The Same Distributions

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

Sunoco LP GAAP EPS of $1.20 beats by $0.14, revenue of $7.82B beats by $2.19B

Sunoco LP Declares Quarterly Distribution, Payable on August 19, 2022

Sunoco LP to Report Q2, 2022 Results on Aug 03, 2022

President recently bought US$177k worth of stock

The 8.4% Distribution Yield Of Sunoco LP Is Safer Than Most Investors Think

Consensus forecasts updated

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Sunoco LP (NYSE:SUN) completed the acquisition of Transmix processing and terminal facility in Huntington, Indiana from Gladieux Capital Partners, LLC.

Upcoming dividend of US$0.83 per share

Sunoco LP Declares Distribution for the First Quarter of 2022, Payable on May 19, 2022

Sunoco LP to Report Q1, 2022 Results on May 04, 2022

Sunoco: Distributions Still Stuck, Despite Pain At The Pump

Consensus EPS estimates increase by 19%

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Sunoco LP (NYSE:SUN) executed a definitive agreement to acquire Transmix processing and terminal facility in Huntington, Indiana from Gladieux Capital Partners, LLC for $190 million.

Upcoming dividend of US$0.83 per share

The 7.6% Distribution Of Sunoco LP Is Safer Than You Think

Chairman of the Board of Sunoco GP LLC recently bought US$94k worth of stock