Methanex Corporation

NasdaqGS:MEOH Stock Report

Market Cap: US$3.1b

Methanex Management

Management criteria checks 2/4

Methanex's CEO is Rich Sumner, appointed in Jan 2023, has a tenure of 1.92 years. total yearly compensation is $5.30M, comprised of 14.7% salary and 85.3% bonuses, including company stock and options. directly owns 0.062% of the company’s shares, worth $1.96M. The average tenure of the management team and the board of directors is 1.9 years and 5.9 years respectively.

Key information

Rich Sumner

Chief executive officer

US$5.3m

Total compensation

CEO salary percentage14.7%
CEO tenure1.9yrs
CEO ownership0.06%
Management average tenure1.9yrs
Board average tenure5.9yrs

Recent management updates

Recent updates

Methanex: Becoming A Methanol Giant

Sep 10

Methanex: New G3 Project, Natural Gas Supply Agreement Highlight Positive Outlook

Feb 06

Methanex: Ignore The Short-Term Noise, Grab A Long-Term Bargain

Oct 03

Methanex says CEO John Floren to retire, announces NCIB to buy back stock

Sep 15

Methanex: Premier Methanol Producer But Commodity Pricing On The Downswing

Jul 27

Methanex raises dividend by 21% to $0.175

Jul 14

Earth Focused Investments 3: Methanex Is A Volatile Take On Alternative Fuels

Mar 30

Methanex: A New Era Of Higher Shareholder Returns, Potential Near 16% Yield

Jan 31

Methanex: An Exciting 10% Yield May Follow As Soon As Early 2022

Nov 05

CEO Compensation Analysis

How has Rich Sumner's remuneration changed compared to Methanex's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$152m

Jun 30 2024n/an/a

US$146m

Mar 31 2024n/an/a

US$167m

Dec 31 2023US$5mUS$777k

US$174m

Sep 30 2023n/an/a

US$182m

Jun 30 2023n/an/a

US$227m

Mar 31 2023n/an/a

US$295m

Dec 31 2022US$2mUS$367k

US$354m

Sep 30 2022n/an/a

US$513m

Jun 30 2022n/an/a

US$515m

Mar 31 2022n/an/a

US$496m

Dec 31 2021US$1mUS$334k

US$482m

Sep 30 2021n/an/a

US$255m

Jun 30 2021n/an/a

US$97m

Mar 31 2021n/an/a

-US$75m

Dec 31 2020US$1mUS$316k

-US$157m

Compensation vs Market: Rich's total compensation ($USD5.30M) is about average for companies of similar size in the US market ($USD6.55M).

Compensation vs Earnings: Rich's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


CEO

Rich Sumner (49 yo)

1.9yrs

Tenure

US$5,295,634

Compensation

Mr. Richard W. Sumner, also known as Rich, serves as President, CEO & Director at Methanex Corporation since January 1, 2023. He served as Senior Vice President of Global Marketing & Logistics for Methanex...


Leadership Team

NamePositionTenureCompensationOwnership
Richard Sumner
President1.9yrsUS$5.30m0.062%
$ 2.0m
Dean Richardson
Senior VP of Finance & Chief Financial Officer1.8yrsUS$1.85m0.038%
$ 1.2m
Karine Delbarre
Senior Vice President of Global Marketing & Logistics1.9yrsUS$1.74m0.0089%
$ 279.7k
Bradley Boyd
Senior Vice President of Corporate Resources6.9yrsUS$1.51m0.061%
$ 1.9m
Gustavo Parra
Senior Vice President of Manufacturing1.9yrsUS$1.80m0.035%
$ 1.1m
Sarah Herriott
Director of Investor Relationsno datano datano data
Kevin Price
Senior VPno datano data0.024%
$ 769.8k
Kevin Maloney
Senior Vice President of Corporate Development1.9yrsno data0.025%
$ 779.9k
Mark Allard
Senior Vice President of Low Carbon Solutions1.9yrsno data0.022%
$ 702.7k
Rawle Ramlochan
Plant Managerno datano data0.025%
$ 780.5k

1.9yrs

Average Tenure

Experienced Management: MEOH's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Richard Sumner
President1.9yrsUS$5.30m0.062%
$ 2.0m
Leslie O'Donoghue
Independent Director4.7yrsUS$214.62k0.020%
$ 630.9k
Robert Kostelnik
Independent Director16.3yrsUS$229.16k0.040%
$ 1.3m
Benita Warmbold
Independent Director8.8yrsUS$245.98k0.0089%
$ 280.3k
James Bertram
Independent Director6.2yrsUS$242.71k0.035%
$ 1.1m
Maureen Howe
Independent Director6.5yrsUS$222.07k0.039%
$ 1.2m
Paul Dobson
Independent Director5.7yrsUS$221.61k0.019%
$ 599.4k
Douglas Arnell
Independent Chairman of the Board8.2yrsUS$376.55k0.0013%
$ 42.2k
Margaret Walker
Independent Director9.7yrsUS$217.46k0.014%
$ 444.1k
Kevin Rodgers
Independent Director5.4yrsUS$217.30k0.0089%
$ 280.3k
John Sampson
Director1.2yrsUS$50.94kno data
Xiaoping Yang
Independent Director2.9yrsUS$204.80k0.0055%
$ 172.9k

5.9yrs

Average Tenure

64yo

Average Age

Experienced Board: MEOH's board of directors are considered experienced (5.9 years average tenure).