Steel Dynamics Management
Management criteria checks 4/4
Steel Dynamics' CEO is Mark Millett, appointed in Jan 1993, has a tenure of 31.25 years. total yearly compensation is $11.82M, comprised of 12.6% salary and 87.4% bonuses, including company stock and options. directly owns 1.83% of the company’s shares, worth $388.06M. The average tenure of the management team and the board of directors is 8.2 years and 10.3 years respectively.
Key information
Mark Millett
Chief executive officer
US$11.8m
Total compensation
| CEO salary percentage | 12.6% |
| CEO tenure | 31.3yrs |
| CEO ownership | 1.8% |
| Management average tenure | 8.2yrs |
| Board average tenure | 10.3yrs |
Recent management updates
Recent updates
Steel Dynamics (NASDAQ:STLD) Has Announced That It Will Be Increasing Its Dividend To $0.46
Mar 15
Are Steel Dynamics, Inc. (NASDAQ:STLD) Investors Paying Above The Intrinsic Value?
Mar 08Lacklustre Performance Is Driving Steel Dynamics, Inc.'s (NASDAQ:STLD) Low P/E
Feb 09Steel Dynamics: The Aluminum Business May Be Tougher Than The Steel One
Jan 26Capital Investments At Steel Dynamics (NASDAQ:STLD) Point To A Promising Future
Jan 08Is Steel Dynamics (NASDAQ:STLD) Using Too Much Debt?
Dec 20Steel Dynamics (NASDAQ:STLD) Could Become A Multi-Bagger
May 27Here's Why Steel Dynamics (NASDAQ:STLD) Can Manage Its Debt Responsibly
Apr 10Investors Should Be Encouraged By Steel Dynamics' (NASDAQ:STLD) Returns On Capital
Feb 22Do Steel Dynamics' (NASDAQ:STLD) Earnings Warrant Your Attention?
Jan 11Here's Why Steel Dynamics (NASDAQ:STLD) Can Manage Its Debt Responsibly
Dec 29Steel Dynamics (NASDAQ:STLD) Could Become A Multi-Bagger
Nov 19Steel Dynamics Q3 2022 Earnings Preview
Oct 18Steel Dynamics: Long, Even With Relaxed Steel Prices
Oct 10Steel Dynamics: Competitive Energy Price Advantage For Foreseeable Future
Sep 29If EPS Growth Is Important To You, Steel Dynamics (NASDAQ:STLD) Presents An Opportunity
Sep 19Steel Dynamics rises as Q3 profit outlook beats estimates
Sep 15Steel Dynamics (NASDAQ:STLD) Seems To Use Debt Quite Sensibly
Sep 05Steel Dynamics declares $0.34 dividend
Aug 22Steel Dynamics, Inc. (NASDAQ:STLD) Shares Could Be 35% Below Their Intrinsic Value Estimate
Aug 09Steel Dynamics: Q2 Earnings, Combined Annualized Yield Of 16%
Jul 21Steel Dynamics: Reporting All-Time Record Results, Get A 12% Return
Jun 28Does Steel Dynamics (NASDAQ:STLD) Deserve A Spot On Your Watchlist?
Jun 20Is Steel Dynamics (NASDAQ:STLD) Using Too Much Debt?
May 29CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$12m | US$1m | US$2b |
| Sep 30 2023 | n/a | n/a | US$3b |
| Jun 30 2023 | n/a | n/a | US$3b |
| Mar 31 2023 | n/a | n/a | US$3b |
| Dec 31 2022 | US$11m | US$1m | US$4b |
| Sep 30 2022 | n/a | n/a | US$4b |
| Jun 30 2022 | n/a | n/a | US$4b |
| Mar 31 2022 | n/a | n/a | US$4b |
| Dec 31 2021 | US$11m | US$1m | US$3b |
| Sep 30 2021 | n/a | n/a | US$2b |
| Jun 30 2021 | n/a | n/a | US$1b |
| Mar 31 2021 | n/a | n/a | US$794m |
| Dec 31 2020 | US$11m | US$1m | US$551m |
| Sep 30 2020 | n/a | n/a | US$484m |
| Jun 30 2020 | n/a | n/a | US$535m |
| Mar 31 2020 | n/a | n/a | US$654m |
| Dec 31 2019 | US$11m | US$1m | US$671m |
| Sep 30 2019 | n/a | n/a | US$820m |
| Jun 30 2019 | n/a | n/a | US$1b |
| Mar 31 2019 | n/a | n/a | US$1b |
| Dec 31 2018 | US$10m | US$1m | US$1b |
| Sep 30 2018 | n/a | n/a | US$1b |
| Jun 30 2018 | n/a | n/a | US$1b |
| Mar 31 2018 | n/a | n/a | US$839m |
| Dec 31 2017 | US$9m | US$1m | US$813m |
Compensation vs Market: Mark's total compensation ($USD11.82M) is about average for companies of similar size in the US market ($USD13.52M).
Compensation vs Earnings: Mark's compensation has been consistent with company performance over the past year.
CEO
Mark Millett (63 yo)
31.3yrs
Tenure
US$11,823,662
Compensation
Mr. Mark D. Millett is a Co-founder of Steel Dynamics, Inc. since 1993 and has been its Chief Executive Officer since January 01, 2012 and also serves as its Chairman of the Board since May 24, 2021 and wa...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 31.3yrs | US$11.82m | 1.83% $ 388.1m | |
| President & COO | 1.1yrs | US$6.34m | 0.11% $ 24.0m | |
| Co-Founder & Director | 31.3yrs | US$295.05k | 3.26% $ 689.9m | |
| Executive VP | 16.9yrs | US$5.91m | 0.29% $ 61.8m | |
| Senior Vice President of Special Projects | 8.2yrs | US$4.44m | 0.093% $ 19.7m | |
| Senior Vice President of Flat Roll Steel Group | 8.1yrs | US$4.31m | 0.052% $ 10.9m | |
| Director of Investor Relations | no data | no data | no data | |
| Vice President of Human Resources & Safety | no data | no data | no data | |
| Senior Vice President of Steel Fabrication | 2.1yrs | no data | 0.062% $ 13.2m | |
| Senior Vice President of Metals Recycling | 5.2yrs | no data | 0.062% $ 13.2m | |
| Senior VP & Treasurer | 15.7yrs | no data | 0.017% $ 3.5m | |
| Vice President of Steel Fabrication Group | no data | no data | 0.011% $ 2.4m |
8.2yrs
Average Tenure
57yo
Average Age
Experienced Management: STLD's management team is seasoned and experienced (8.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 31.3yrs | US$11.82m | 1.83% $ 388.1m | |
| Co-Founder & Director | 31.3yrs | US$295.05k | 3.26% $ 689.9m | |
| Independent Director | 11.7yrs | US$320.05k | 0.036% $ 7.5m | |
| Independent Director | 10.3yrs | US$315.05k | 0.030% $ 6.3m | |
| Independent Director | 5.5yrs | US$295.05k | 0.014% $ 3.0m | |
| Independent Director | 14.6yrs | US$295.05k | 0.051% $ 10.9m | |
| Independent Director | 19.1yrs | US$315.05k | 0.038% $ 8.1m | |
| Independent Director | 5.5yrs | US$295.05k | 0.012% $ 2.6m | |
| Lead Independent Director | 7.9yrs | US$335.05k | 0.021% $ 4.5m | |
| Independent Director | 2.4yrs | US$295.05k | 0.0042% $ 892.1k | |
| Independent Director | less than a year | US$82.55k | 0% $ 0 |
10.3yrs
Average Tenure
65yo
Average Age
Experienced Board: STLD's board of directors are seasoned and experienced ( 10.3 years average tenure).