Glatfelter Management
Management criteria checks 2/4
Glatfelter's CEO is Thomas Fahnemann, appointed in Aug 2022, has a tenure of 1.67 years. total yearly compensation is $3.50M, comprised of 30% salary and 70% bonuses, including company stock and options. directly owns 0.16% of the company’s shares, worth $107.84K. The average tenure of the management team and the board of directors is 7.6 years and 9.6 years respectively.
Key information
Thomas Fahnemann
Chief executive officer
US$3.5m
Total compensation
| CEO salary percentage | 30.0% |
| CEO tenure | 1.7yrs |
| CEO ownership | 0.2% |
| Management average tenure | 7.6yrs |
| Board average tenure | 9.6yrs |
Recent management updates
Recent updates
Glatfelter (NYSE:GLT) Seems To Be Using A Lot Of Debt
Apr 13
Glatfelter Corporation Non-GAAP EPS of -$0.16, revenue of $373.9M
Feb 21Is There Now An Opportunity In Glatfelter Corporation (NYSE:GLT)?
Jan 10Glatfelter: Turnaround Strategy Faces A Make-Or-Break 2023
Jan 05Does Glatfelter (NYSE:GLT) Have A Healthy Balance Sheet?
Dec 01Glatfelter: Serious Situation
Oct 25A Look At The Intrinsic Value Of Glatfelter Corporation (NYSE:GLT)
Oct 21Glatfelter stock down after suspending dividend as part of capital allocation reprioritization
Sep 21Glatfelter announces CEO transition
Aug 25Is Glatfelter (NYSE:GLT) A Risky Investment?
Aug 17Glatfelter Corporation Non-GAAP EPS of -$0.04, revenue of $363.96M
Aug 02Should You Think About Buying Glatfelter Corporation (NYSE:GLT) Now?
Jul 27Glatfelter (NYSE:GLT) Is Due To Pay A Dividend Of US$0.14
Jun 27Glatfelter Corp.: Recent Pain Weakens The Case
Jun 10Glatfelter (NYSE:GLT) Has Re-Affirmed Its Dividend Of US$0.14
May 09Does Glatfelter (NYSE:GLT) Have A Healthy Balance Sheet?
Apr 29Glatfelter Corporation (NYSE:GLT) Shares Could Be 21% Below Their Intrinsic Value Estimate
Apr 06Glatfelter: The Restructuring Process Is Completed
Mar 08Glatfelter (NYSE:GLT) Will Pay A Dividend Of US$0.14
Feb 24Glatfelter Corporation Just Missed EPS By 78%: Here's What Analysts Think Will Happen Next
Feb 13Glatfelter (NYSE:GLT) Has A Pretty Healthy Balance Sheet
Nov 06Calculating The Intrinsic Value Of Glatfelter Corporation (NYSE:GLT)
Oct 16Glatfelter: Predictable Cash Flow And Undervalued
Aug 04Does Glatfelter (NYSE:GLT) Have A Healthy Balance Sheet?
May 26Glatfelter Corporation raises dividend by ~4%
May 06Glatfelter Corporation 2021 Q1 - Results - Earnings Call Presentation
May 04Glatfelter: A Niche Engineered Paper Company Returning To Profitability
May 02Glatfelter Corporation's (NYSE:GLT) Stock Going Strong But Fundamentals Look Weak: What Implications Could This Have On The Stock?
Mar 18CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$3m | US$1m | -US$78m |
| Sep 30 2023 | n/a | n/a | -US$104m |
| Jun 30 2023 | n/a | n/a | -US$133m |
| Mar 31 2023 | n/a | n/a | -US$99m |
| Dec 31 2022 | US$2m | US$373k | -US$194m |
Compensation vs Market: Thomas's total compensation ($USD3.50M) is above average for companies of similar size in the US market ($USD677.87K).
Compensation vs Earnings: Thomas's compensation has increased whilst the company is unprofitable.
CEO
Thomas Fahnemann (62 yo)
1.7yrs
Tenure
US$3,495,919
Compensation
Mr. Thomas M. Fahnemann has been a Member of Managing Board at Semperit AG since December 2010. He is President and Chief Executive Officer of Glatfelter Corporation since August 25, 2022 and also serves a...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 1.7yrs | US$3.50m | 0.16% $ 107.8k | |
| Senior VP | 9.8yrs | US$897.23k | 0.10% $ 72.1k | |
| Senior VP & COO | less than a year | US$1.01m | no data | |
| VP of Strategic Initiatives & Business Optimization and Chief Accounting Officer | 17.8yrs | US$684.60k | 0.25% $ 171.4k | |
| Senior Vice President of Global Human Resources & Administration | 7yrs | US$611.92k | 0.092% $ 63.7k | |
| VP of Compliance | 8.3yrs | no data | 0.026% $ 18.4k |
7.6yrs
Average Tenure
55yo
Average Age
Experienced Management: GLT's management team is seasoned and experienced (7.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 2.3yrs | US$3.50m | 0.16% $ 107.8k | |
| Independent Director | 23.3yrs | US$188.00k | 0.29% $ 198.2k | |
| Independent Director | 22.3yrs | US$160.65k | 0.32% $ 224.0k | |
| Independent Non-Executive Chairman | 12.3yrs | US$233.15k | 0.54% $ 378.9k | |
| Independent Director | 4.2yrs | US$177.65k | 0.12% $ 85.5k | |
| Independent Director | 9.6yrs | US$233.00k | 0.20% $ 138.0k | |
| Independent Director | 3.4yrs | US$160.65k | 0.17% $ 114.9k |
9.6yrs
Average Tenure
63yo
Average Age
Experienced Board: GLT's board of directors are considered experienced (9.6 years average tenure).