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 percentage	14.7%
CEO tenure	1.9yrs
CEO ownership	0.06%
Management average tenure	1.9yrs
Board average tenure	5.9yrs

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

CEO Compensation Analysis

How has Rich Sumner's remuneration changed compared to Methanex's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$152m
Jun 30 2024	n/a	n/a	US$146m
Mar 31 2024	n/a	n/a	US$167m
Dec 31 2023	US$5m	US$777k	US$174m
Sep 30 2023	n/a	n/a	US$182m
Jun 30 2023	n/a	n/a	US$227m
Mar 31 2023	n/a	n/a	US$295m
Dec 31 2022	US$2m	US$367k	US$354m
Sep 30 2022	n/a	n/a	US$513m
Jun 30 2022	n/a	n/a	US$515m
Mar 31 2022	n/a	n/a	US$496m
Dec 31 2021	US$1m	US$334k	US$482m
Sep 30 2021	n/a	n/a	US$255m
Jun 30 2021	n/a	n/a	US$97m
Mar 31 2021	n/a	n/a	-US$75m
Dec 31 2020	US$1m	US$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

Name	Position	Tenure	Compensation	Ownership
Richard Sumner	President	1.9yrs	US$5.30m	0.062% $ 2.0m
Dean Richardson	Senior VP of Finance & Chief Financial Officer	1.8yrs	US$1.85m	0.038% $ 1.2m
Karine Delbarre	Senior Vice President of Global Marketing & Logistics	1.9yrs	US$1.74m	0.0089% $ 279.7k
Bradley Boyd	Senior Vice President of Corporate Resources	6.9yrs	US$1.51m	0.061% $ 1.9m
Gustavo Parra	Senior Vice President of Manufacturing	1.9yrs	US$1.80m	0.035% $ 1.1m
Sarah Herriott	Director of Investor Relations	no data	no data	no data
Kevin Price	Senior VP	no data	no data	0.024% $ 769.8k
Kevin Maloney	Senior Vice President of Corporate Development	1.9yrs	no data	0.025% $ 779.9k
Mark Allard	Senior Vice President of Low Carbon Solutions	1.9yrs	no data	0.022% $ 702.7k
Rawle Ramlochan	Plant Manager	no data	no data	0.025% $ 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

Name	Position	Tenure	Compensation	Ownership
Richard Sumner	President	1.9yrs	US$5.30m	0.062% $ 2.0m
Leslie O'Donoghue	Independent Director	4.7yrs	US$214.62k	0.020% $ 630.9k
Robert Kostelnik	Independent Director	16.3yrs	US$229.16k	0.040% $ 1.3m
Benita Warmbold	Independent Director	8.8yrs	US$245.98k	0.0089% $ 280.3k
James Bertram	Independent Director	6.2yrs	US$242.71k	0.035% $ 1.1m
Maureen Howe	Independent Director	6.5yrs	US$222.07k	0.039% $ 1.2m
Paul Dobson	Independent Director	5.7yrs	US$221.61k	0.019% $ 599.4k
Douglas Arnell	Independent Chairman of the Board	8.2yrs	US$376.55k	0.0013% $ 42.2k
Margaret Walker	Independent Director	9.7yrs	US$217.46k	0.014% $ 444.1k
Kevin Rodgers	Independent Director	5.4yrs	US$217.30k	0.0089% $ 280.3k
John Sampson	Director	1.2yrs	US$50.94k	no data
Xiaoping Yang	Independent Director	2.9yrs	US$204.80k	0.0055% $ 172.9k

5.9yrs

Average Tenure

64yo

Average Age

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

Methanex Management

Management criteria checks 2/4

Key information

Recent management updates

Methanex Corporation Approves Appointment of Roger Perreault to its Board of Directors

Methanex Corporation Appoints John Sampson to Its Board of Directors

Independent Director recently bought US$142k worth of stock

Methanex Corporation, Annual General Meeting, Apr 27, 2023

Independent Director recently bought US$251k worth of stock

Methanex Corporation Announces Changes to Executive Leadership Team

Recent updates

Methanex Corporation to Report Q4, 2024 Results on Jan 29, 2025

Third quarter dividend of US$0.18 announced

Methanex Corporation Declares Quarterly Dividend, Payable on December 31, 2024

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

Methanex Corporation Provides Production Guidance for the Fourth Quarter 2024

Methanex Corporation (TSX:MX) entered into a definitive agreement to acquire OCI Methanol group from OCI N.V. (ENXTAM:OCI), Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) and Abu Dhabi Developmental Holding Company PJSC for $2.02 billion.

Methanex: Becoming A Methanol Giant

Methanex Corporation (TSX:MX) entered into a definitive agreement to acquire OCI Methanol group from OCI N.V. (ENXTAM:OCI), Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) and Abu Dhabi Developmental Holding Company PJSC for $2.02 billion.

Methanex Corporation (TSX:MX) entered into a definitive agreement to acquire OCI Methanol group from OCI N.V. (ENXTAM:OCI), Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) and Abu Dhabi Developmental Holding Company PJSC for $2.05 billion.

Methanex Corporation to Report Q3, 2024 Results on Nov 06, 2024

Methanex Corporation Announces to Temporarily Idle New Zealand Operations to Assist in Improving Energy Balances

Investor sentiment deteriorates as stock falls 16%

Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

First quarter dividend of US$0.18 announced

Methanex Corporation Declares Quarterly Dividend, Payable on September 30, 2024

Upcoming dividend of US$0.18 per share

Methanex Corporation to Report Q2, 2024 Results on Jul 30, 2024

First quarter dividend of US$0.18 announced

Methanex Corporation Approves Appointment of Roger Perreault to its Board of Directors

Methanex Corporation Updates Production Guidance for the Year 2024

Methanex Corporation to Report Q1, 2024 Results on Apr 24, 2024

Methanex Corporation Provides Update on Geismar 3 Methanol Plant in Geismar, Louisiana

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

Methanex Corporation Declares Quarterly Dividend, Payable on March 28, 2024

Methanex Corporation to Report Fiscal Year 2023 Results on Jan 31, 2024

Methanex Corporation Provides Update on Egypt Operations

Methanex Corporation Declares Quarterly Dividend, Payable on December 29, 2023

New major risk - Revenue and earnings growth

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Methanex Corporation Provides Production Guidance for the Year 2023

Methanex Corporation Appoints John Sampson to Its Board of Directors

Upcoming dividend of US$0.18 per share at 1.8% yield

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Methanex Corporation to Report Q3, 2023 Results on Oct 25, 2023

Methanex Corporation Declares Quarterly Dividend, Payable on September 30, 2023

New major risk - Revenue and earnings growth

Upcoming dividend of US$0.18 per share at 1.6% yield

Independent Director recently bought US$142k worth of stock

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Upcoming dividend of US$0.17 per share at 1.4% yield

Price target increased by 18% to US$52.45

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Methanex Corporation, Annual General Meeting, Apr 27, 2023

Methanex Corporation Declares Quarterly Cash Dividend, Payable on March 31, 2023

Independent Director recently bought US$251k worth of stock

Methanex Corporation Announces Changes to Executive Leadership Team

Methanex Corporation Announces Changes to Executive Leadership Team

Upcoming dividend of US$0.17 per share

Methanex Corporation to Report Q4, 2022 Results on Feb 02, 2023

Methanex Corporation Announces Quarterly Dividend, Payable on December 31, 2022

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

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

Independent Director recently bought US$63k worth of stock

Methanex Corporation Announces Executive Changes

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

Upcoming dividend of US$0.17 per share

Methanex Corporation to Report Q3, 2022 Results on Oct 26, 2022

Price target decreased to US$48.09

Second quarter 2022 earnings: EPS misses analyst expectations

Methanex: Premier Methanol Producer But Commodity Pricing On The Downswing

Methanex Corporation Announces 20% Dividend Increase, Payable on September 30, 2022

Methanex raises dividend by 21% to $0.175

Methanex Corporation to Report Q2, 2022 Results on Jul 27, 2022

Investor sentiment deteriorated over the past week

Upcoming dividend of US$0.14 per share

Insider recently bought US$392k worth of stock

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

Methanex Corporation Approves 16% Dividend Increase, Payable on June 30, 2022

Insider recently sold US$409k worth of stock