Commercial Metals Management
Management criteria checks 2/4
Commercial Metals' CEO is Peter Matt, appointed in Apr 2023, has a tenure of 4.25 years. total yearly compensation is $4.48M, comprised of 6.9% salary and 93.1% bonuses, including company stock and options. directly owns 0.023% of the company’s shares, worth $1.41M. The average tenure of the management team and the board of directors is 1.3 years and 4.3 years respectively.
Key information
Peter Matt
Chief executive officer
US$4.5m
Total compensation
| CEO salary percentage | 6.9% |
| CEO tenure | less than a year |
| CEO ownership | 0.02% |
| Management average tenure | 1.3yrs |
| Board average tenure | 4.3yrs |
Recent management updates
Recent updates
Commercial Metals (NYSE:CMC) Will Pay A Larger Dividend Than Last Year At $0.18
Mar 23
Improved Earnings Required Before Commercial Metals Company (NYSE:CMC) Shares Find Their Feet
Feb 07Commercial Metals (NYSE:CMC) Has Announced A Dividend Of $0.16
Jan 09Commercial Metals Company: Strong Enough, Even As Peak Profits Normalize
Jan 01Does Commercial Metals (NYSE:CMC) Have A Healthy Balance Sheet?
Nov 20Calculating The Intrinsic Value Of Commercial Metals Company (NYSE:CMC)
Oct 31Commercial Metals Looking More Interesting After A 25% Pullback
Oct 16Commercial Metals (NYSE:CMC) Has Affirmed Its Dividend Of $0.16
Oct 13Commercial Metals Company: Still Going Strong
Oct 01Commercial Metals: The Rising Star In A Dynamic Market
Jul 19Is Commercial Metals (NYSE:CMC) Using Too Much Debt?
Jul 18Commercial Metals Company: Rock Solid
Jun 26These 4 Measures Indicate That Commercial Metals (NYSE:CMC) Is Using Debt Reasonably Well
Apr 19Is Now The Time To Put Commercial Metals (NYSE:CMC) On Your Watchlist?
Apr 03A Look At The Intrinsic Value Of Commercial Metals Company (NYSE:CMC)
Mar 20Commercial Metals declares $0.16 dividend
Jan 05Commercial Metals (NYSE:CMC) Has A Pretty Healthy Balance Sheet
Jan 04With EPS Growth And More, Commercial Metals (NYSE:CMC) Makes An Interesting Case
Dec 20Commercial Metals Company Rose 40% In The Last 12 Months; Will Continue To Surge
Oct 30Commercial Metals (NYSE:CMC) Is Increasing Its Dividend To $0.16
Oct 15Commercial Metals raises dividend by 14% to $0.16/share
Oct 11Commercial Metals Company (NYSE:CMC) Shares Could Be 34% Below Their Intrinsic Value Estimate
Oct 10Is Commercial Metals (NYSE:CMC) A Risky Investment?
Sep 26Commercial Metals Company: Very Impressive
Sep 09With EPS Growth And More, Commercial Metals (NYSE:CMC) Makes An Interesting Case
Jul 21Commercial Metals Company (NYSE:CMC) Shares Could Be 35% Below Their Intrinsic Value Estimate
Jul 08Commercial Metals Company: Risks Of A Recession Outweigh The Rewards
Jun 18Commercial Metals Company: A Value Stock With Growth Potential
Apr 03CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Feb 29 2024 | n/a | n/a | US$680m |
| Nov 30 2023 | n/a | n/a | US$774m |
| Aug 31 2023 | US$4m | US$308k | US$860m |
| May 31 2023 | n/a | n/a | US$964m |
| Feb 28 2023 | n/a | n/a | US$1b |
| Nov 30 2022 | n/a | n/a | US$1b |
| Aug 31 2022 | US$271k | n/a | US$1b |
| May 31 2022 | n/a | n/a | US$1b |
| Feb 28 2022 | n/a | n/a | US$899m |
| Nov 30 2021 | n/a | n/a | US$582m |
| Aug 31 2021 | US$241k | n/a | US$413m |
| May 31 2021 | n/a | n/a | US$328m |
| Feb 28 2021 | n/a | n/a | US$262m |
| Nov 30 2020 | n/a | n/a | US$259m |
| Aug 31 2020 | US$98k | n/a | US$278m |
Compensation vs Market: Peter's total compensation ($USD4.48M) is below average for companies of similar size in the US market ($USD8.28M).
Compensation vs Earnings: Peter's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Peter Matt (60 yo)
less than a year
Tenure
US$4,482,685
Compensation
Mr. Peter R. Matt is Director at Large of Metals Service Center Institute. Mr. Matt has Bachelor's from Amherst College. He served as an Independent Director of Commercial Metals Company since January 8, 2...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board | 6.6yrs | US$9.60m | 0.28% $ 17.2m | |
| CEO, President & Director | less than a year | US$4.48m | 0.023% $ 1.4m | |
| Senior VP & CFO | 4.6yrs | US$2.70m | 0.12% $ 7.8m | |
| Senior Vice President of Operational & Commercial Excellence | 2.4yrs | US$2.56m | 0.088% $ 5.5m | |
| Senior VP | 4.2yrs | US$1.79m | 0.026% $ 1.6m | |
| Senior VP | 4.3yrs | US$1.79m | 0.025% $ 1.6m | |
| VP & Chief Accounting Officer | no data | no data | 0.0066% $ 408.9k | |
| Vice President of Strategy | 1.3yrs | no data | no data | |
| Senior Vice President of Emerging Businesses Group | 1.3yrs | no data | no data | |
| Senior Vice President of North America Steel Group | 1.3yrs | no data | 0.0025% $ 157.2k |
1.3yrs
Average Tenure
52yo
Average Age
Experienced Management: CMC's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board | 6.6yrs | US$9.60m | 0.28% $ 17.2m | |
| CEO, President & Director | 4.3yrs | US$4.48m | 0.023% $ 1.4m | |
| Independent Director | 10.3yrs | US$286.98k | 0.050% $ 3.1m | |
| Lead Independent Director | 13.3yrs | US$296.98k | 0.068% $ 4.2m | |
| Independent Director | 10.3yrs | US$283.98k | 0.034% $ 2.1m | |
| Independent Director | 2.5yrs | US$268.18k | 0.016% $ 990.0k | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 1.1yrs | US$169.69k | 0.0045% $ 280.3k | |
| Independent Director | 4.3yrs | US$270.72k | 0.017% $ 1.1m | |
| Independent Director | 2.1yrs | US$259.98k | 0.0043% $ 268.5k |
4.3yrs
Average Tenure
64yo
Average Age
Experienced Board: CMC's board of directors are considered experienced (4.3 years average tenure).