Algoma Steel Group Management
Management criteria checks 1/4
We currently do not have sufficient information about the CEO.
Key information
Mike Garcia
Chief executive officer
CA$3.1m
Total compensation
| CEO salary percentage | 26.8% |
| CEO tenure | 1.9yrs |
| CEO ownership | n/a |
| Management average tenure | 1.9yrs |
| Board average tenure | 2.6yrs |
Recent management updates
Recent updates
Algoma Steel Group (NASDAQ:ASTL) Is Reinvesting At Lower Rates Of Return
Jan 23
Algoma Steel Group (NASDAQ:ASTL) Has Affirmed Its Dividend Of CA$0.05
Nov 09Algoma Steel Group (NASDAQ:ASTL) Has Affirmed Its Dividend Of CA$0.05
Aug 15The Returns On Capital At Algoma Steel Group (NASDAQ:ASTL) Don't Inspire Confidence
Aug 01Algoma Steel Group (NASDAQ:ASTL) Is Paying Out A Dividend Of CA$0.05
Jun 28Improved Earnings Required Before Algoma Steel Group Inc. (NASDAQ:ASTL) Stock's 30% Jump Looks Justified
Feb 15Algoma Steel slumps after sees Q2 adjusted EBITDA $75M-$80M and decline in shipments amid production shortfall
Sep 28Algoma Steel Group goes ex-dividend tomorrow
Aug 29Is There An Opportunity With Algoma Steel Group Inc.'s (NASDAQ:ASTL) 31% Undervaluation?
Aug 04Algoma Steel Group GAAP EPS of C$1.49, revenue of C$934.1M
Aug 03Algoma Steel: Tender Offer Likely To Get Undersubscribed
Jun 22Algoma Steel Announces Massive Buyback, To Repurchase +30% In 30 Days
Jun 16Algoma Steel: Exceptional Steel Market Results In Record Performance
Feb 11Algoma Steel: Best Value In The Sector
Nov 29CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | CA$57m |
| Sep 30 2023 | n/a | n/a | CA$72m |
| Jun 30 2023 | n/a | n/a | CA$128m |
| Mar 31 2023 | CA$3m | CA$839k | CA$299m |
Compensation vs Market: Mike's total compensation ($USD2.29M) is below average for companies of similar size in the US market ($USD3.42M).
Compensation vs Earnings: Insufficient data to compare Mike's compensation with company performance.
CEO
Mike Garcia (58 yo)
1.9yrs
Tenure
CA$3,131,546
Compensation
Mr. Michael Dennis Garcia, also known as Mike, serves as Chief Executive Officer and Director at Algoma Steel Group Inc since June 01, 2022. He had been the President of Domtar Pulp and Paper at Domtar Cor...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 1.9yrs | CA$3.13m | no data | |
| Chief Financial Officer | 12.3yrs | CA$919.79k | no data | |
| VP of Strategy & Chief Legal Officer | no data | CA$892.93k | 0.014% CA$ 114.8k | |
| Treasurer & Investor Relations Officer | no data | no data | no data | |
| Manager of Communications & Branding | no data | no data | no data | |
| Vice President of Sales | 2yrs | no data | no data | |
| Chief Human Resource Officer | 1.2yrs | no data | no data | |
| Senior Vice President of Production | less than a year | no data | no data |
1.9yrs
Average Tenure
57yo
Average Age
Experienced Management: ASTL's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 1.9yrs | CA$3.13m | no data | |
| Independent Director | 2.6yrs | CA$393.68k | 2% CA$ 15.9m | |
| Independent Director | 2.6yrs | CA$413.21k | no data | |
| Independent Director | 1.7yrs | CA$159.80k | no data | |
| Independent Chairman | 2.8yrs | CA$525.49k | no data | |
| Independent Director | 2.6yrs | CA$342.85k | no data | |
| Director | 3.2yrs | CA$3.52m | no data | |
| Independent Director | 2.6yrs | CA$316.77k | 0.55% CA$ 4.4m | |
| Independent Director | 1.7yrs | CA$240.58k | no data | |
| Independent Director | 2.6yrs | CA$377.55k | no data |
2.6yrs
Average Tenure
62yo
Average Age
Experienced Board: ASTL's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.