Universal Stainless & Alloy Products Management
Management criteria checks 4/4
Universal Stainless & Alloy Products' CEO is Chris Zimmer, appointed in Nov 2023, has a tenure of less than a year. total yearly compensation is $1.05M, comprised of 35.5% salary and 64.5% bonuses, including company stock and options. directly owns 1.29% of the company’s shares, worth $3.27M. The average tenure of the management team and the board of directors is 4.1 years and 16.1 years respectively.
Key information
Chris Zimmer
Chief executive officer
US$1.0m
Total compensation
| CEO salary percentage | 35.5% |
| CEO tenure | less than a year |
| CEO ownership | 1.3% |
| Management average tenure | 4.1yrs |
| Board average tenure | 16.1yrs |
Recent management updates
Recent updates
Universal Stainless: It Was Profitable In 2023 Due To High Prices, But This Is Not Sustainable
Apr 12Universal Stainless Is Not Attractive On A Cycle-Average Basis
Jan 26These Return Metrics Don't Make Universal Stainless & Alloy Products (NASDAQ:USAP) Look Too Strong
Nov 23
Here's Why Universal Stainless & Alloy Products (NASDAQ:USAP) Has A Meaningful Debt Burden
Oct 27Does Universal Stainless & Alloy Products (NASDAQ:USAP) Have A Healthy Balance Sheet?
Jun 21Is Universal Stainless & Alloy Products (NASDAQ:USAP) Using Too Much Debt?
Mar 01Universal Stainless expects Q3 sales to fall 12% sequentially on lower shipment volume
Oct 19Universal Stainless & Alloy Products Ignored On The Runway As Business Starts To Take Off
Aug 24Universal Stainless & Alloy Products GAAP EPS of -$0.16 misses by $0.05, revenue of $52.16M
Jul 27Universal Stainless & Alloy Products raises base price 9%-12% on bar products
Jul 11A Look At The Fair Value Of Universal Stainless & Alloy Products, Inc. (NASDAQ:USAP)
Apr 20With Aerospace Recovering, Universal Stainless & Alloy Products Should See A Meaningful Ramp
Mar 04Universal Stainless & Alloy Products: The Turnaround Begins
Jan 04Universal Stainless & Alloy Products: Aerospace Recovery Play Trading At Liquidation Value
Oct 15Is Universal Stainless & Alloy Products (NASDAQ:USAP) Using Debt Sensibly?
Oct 15Universal Stainless & Alloy Products Still Offers Significant Leverage To Improving Alloy Demand
Aug 13Universal Stainless announces base price increase
Jun 17Universal Stainless & Alloy Products (NASDAQ:USAP) Is Carrying A Fair Bit Of Debt
Mar 30How Much Are Universal Stainless & Alloy Products, Inc. (NASDAQ:USAP) Insiders Spending On Buying Shares?
Feb 23Estimating The Intrinsic Value Of Universal Stainless & Alloy Products, Inc. (NASDAQ:USAP)
Dec 23
Is Universal Stainless & Alloy Products (NASDAQ:USAP) Weighed On By Its Debt Load?
Dec 02CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$10m |
| Dec 31 2023 | US$1m | US$371k | US$5m |
| Sep 30 2023 | n/a | n/a | -US$1m |
| Jun 30 2023 | n/a | n/a | -US$5m |
| Mar 31 2023 | n/a | n/a | -US$7m |
| Dec 31 2022 | US$418k | US$311k | -US$8m |
| Sep 30 2022 | n/a | n/a | -US$6m |
| Jun 30 2022 | n/a | n/a | US$3m |
| Mar 31 2022 | n/a | n/a | US$2m |
| Dec 31 2021 | US$679k | US$298k | -US$758k |
| Sep 30 2021 | n/a | n/a | -US$6m |
| Jun 30 2021 | n/a | n/a | -US$21m |
| Mar 31 2021 | n/a | n/a | -US$22m |
| Dec 31 2020 | US$428k | US$263k | -US$19m |
| Sep 30 2020 | n/a | n/a | -US$12m |
| Jun 30 2020 | n/a | n/a | -US$4m |
| Mar 31 2020 | n/a | n/a | US$2m |
| Dec 31 2019 | US$400k | US$277k | US$4m |
| Sep 30 2019 | n/a | n/a | US$5m |
| Jun 30 2019 | n/a | n/a | US$8m |
| Mar 31 2019 | n/a | n/a | US$10m |
| Dec 31 2018 | US$688k | US$268k | US$11m |
| Sep 30 2018 | n/a | n/a | US$18m |
| Jun 30 2018 | n/a | n/a | US$14m |
| Mar 31 2018 | n/a | n/a | US$11m |
| Dec 31 2017 | US$404k | US$258k | US$8m |
Compensation vs Market: Chris's total compensation ($USD1.05M) is below average for companies of similar size in the US market ($USD1.63M).
Compensation vs Earnings: Chris's compensation has been consistent with company performance over the past year.
CEO
Chris Zimmer (50 yo)
less than a year
Tenure
US$1,045,683
Compensation
Mr. Christopher M. Zimmer, also known as Chris, is President and Chief Executive Officer at Universal Stainless & Alloy Products, Inc. since November 1, 2023. He was the Executive Vice President at Univers...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | less than a year | US$1.05m | 1.29% $ 3.3m | |
| VP & CFO | 2.1yrs | US$495.55k | 0.13% $ 331.7k | |
| Executive VP of Technology & CTO | 11.3yrs | US$620.29k | 0.51% $ 1.3m | |
| VP, General Counsel & Corporate Secretary | 4.1yrs | US$474.49k | 0.089% $ 225.4k | |
| Vice President of Manufacturing | 5.1yrs | US$613.39k | 0.50% $ 1.3m |
4.1yrs
Average Tenure
51yo
Average Age
Experienced Management: USAP's management team is considered experienced (4.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | no data | US$1.05m | 1.29% $ 3.3m | |
| Independent Director | 29.8yrs | US$137.01k | 0.85% $ 2.1m | |
| Non-Executive Chairman | 16.6yrs | US$1.24m | 1.77% $ 4.5m | |
| Lead Independent Director | 15.1yrs | US$137.01k | 0.35% $ 887.7k | |
| Independent Director | 5.9yrs | US$136.75k | 0.14% $ 361.1k | |
| Independent Director | 16.1yrs | US$137.01k | 0.37% $ 942.7k |
16.1yrs
Average Tenure
61.5yo
Average Age
Experienced Board: USAP's board of directors are seasoned and experienced ( 16.1 years average tenure).