Materion Management

Management criteria checks 3/4

Materion's CEO is Jugal Vijayvargiya, appointed in Mar 2017, has a tenure of 7.08 years. total yearly compensation is $5.97M, comprised of 14.8% salary and 85.2% bonuses, including company stock and options. directly owns 0.55% of the company’s shares, worth $14.18M. The average tenure of the management team and the board of directors is 6.3 years and 11.2 years respectively.

Key information

Jugal Vijayvargiya

Chief executive officer

US$6.0m

Total compensation

CEO salary percentage	14.8%
CEO tenure	7.1yrs
CEO ownership	0.5%
Management average tenure	6.3yrs
Board average tenure	11.2yrs

Recent management updates

Recent updates

Is There An Opportunity With Materion Corporation's (NYSE:MTRN) 39% Undervaluation?

Mar 03

Materion Corporation (NYSE:MTRN) Shares Could Be 44% Below Their Intrinsic Value Estimate

Nov 22

Margin Challenges And End-Market Worries Overshadowing Good Growth At Materion

Nov 09

Materion declares $0.125 dividend

Oct 28

We Ran A Stock Scan For Earnings Growth And Materion (NYSE:MTRN) Passed With Ease

Oct 21

Materion announces $20M in investments in Massachusetts facility

Oct 04

Is Materion (NYSE:MTRN) A Risky Investment?

Aug 09

Materion Q2 2022 Earnings Preview

Aug 02

We Ran A Stock Scan For Earnings Growth And Materion (NYSE:MTRN) Passed With Ease

Jul 20

Here's Why Materion (NYSE:MTRN) Can Manage Its Debt Responsibly

May 11

Here's Why I Think Materion (NYSE:MTRN) Might Deserve Your Attention Today

Apr 20

Materion Corporation's (NYSE:MTRN) Intrinsic Value Is Potentially 82% Above Its Share Price

Mar 29

Materion's Transformation To A More Diverse, Growth-Leveraged Company Continues Apace

Mar 04

Does Materion (NYSE:MTRN) Have A Healthy Balance Sheet?

Jan 30

Here's Why We Think Materion (NYSE:MTRN) Is Well Worth Watching

Jan 12

Materion Corporation (NYSE:MTRN) Shares Could Be 41% Below Their Intrinsic Value Estimate

Dec 28

CEO Compensation Analysis

How has Jugal Vijayvargiya's remuneration changed compared to Materion's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$6m	US$882k	US$96m
Sep 29 2023	n/a	n/a	US$105m
Jun 30 2023	n/a	n/a	US$98m
Mar 31 2023	n/a	n/a	US$98m
Dec 31 2022	US$5m	US$821k	US$86m
Sep 30 2022	n/a	n/a	US$77m
Jul 01 2022	n/a	n/a	US$75m
Apr 01 2022	n/a	n/a	US$70m
Dec 31 2021	US$4m	US$771k	US$72m
Oct 01 2021	n/a	n/a	US$61m
Jul 02 2021	n/a	n/a	US$48m
Apr 02 2021	n/a	n/a	US$36m
Dec 31 2020	US$3m	US$779k	US$15m
Sep 25 2020	n/a	n/a	US$25m
Jun 26 2020	n/a	n/a	US$23m
Mar 27 2020	n/a	n/a	US$33m
Dec 31 2019	US$5m	US$735k	US$53m
Sep 27 2019	n/a	n/a	US$15m
Jun 28 2019	n/a	n/a	US$32m
Mar 29 2019	n/a	n/a	US$27m
Dec 31 2018	US$4m	US$718k	US$21m
Sep 28 2018	n/a	n/a	US$33m
Jun 29 2018	n/a	n/a	US$23m
Mar 30 2018	n/a	n/a	US$19m
Dec 31 2017	US$3m	US$545k	US$11m

Compensation vs Market: Jugal's total compensation ($USD5.97M) is about average for companies of similar size in the US market ($USD6.49M).

Compensation vs Earnings: Jugal's compensation has increased by more than 20% in the past year.

CEO

Jugal Vijayvargiya (55 yo)

7.1yrs

Tenure

US$5,971,864

Compensation

Mr. Jugal K. Vijayvargiya serves as Director at Sensata Technologies Holding plc since June 22, 2023. He serves as Director of Sensata Technologies, Inc. He has been the Chief Executive Officer and Preside...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Jugal Vijayvargiya	CEO, President & Director	7.1yrs	US$5.97m	0.55% $ 14.2m
Shelly Chadwick	Chief Accounting Officer & CFO	3.4yrs	US$2.05m	0.069% $ 1.8m
Gregory Chemnitz	VP, General Counsel & Secretary	16.6yrs	US$1.41m	0.12% $ 3.2m
Ian Tribick	President of Precision Optics & Chief Technology Officer	6.7yrs	no data	no data
Steven Holt	Chief Information Officer	6.4yrs	no data	no data
Kyle Kelleher	Manager of Investor Relations	no data	no data	no data
Shannon Bennett	Vice President of Global Communications	no data	no data	no data
Sam Fulton	Vice President of Strategy & Corporate Development	no data	no data	no data
Allen Reid	Chief Human Resources Officer	3.8yrs	no data	no data
John Zaranec	Division Chief Financial Officer Performance Materials	less than a year	no data	0.0011% $ 28.7k
Alfonso Lubrano	President & CEO of Technical Materials Inc	no data	no data	no data
Clive Grannum	President of Performance Materials	6.2yrs	no data	no data

6.3yrs

Average Tenure

57yo

Average Age

Experienced Management: MTRN's management team is seasoned and experienced (6.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Jugal Vijayvargiya	CEO, President & Director	7.1yrs	US$5.97m	0.55% $ 14.2m
Craig Shular	Independent Director	15.9yrs	US$208.66k	0.029% $ 741.2k
Robert Phillippy	Independent Director	6.3yrs	US$203.66k	0.014% $ 357.7k
Vinod Khilnani	Independent Non-Executive Chairman	15.2yrs	US$261.16k	0.080% $ 2.1m
Robert Toth	Independent Director	11.2yrs	US$201.16k	0.12% $ 3.1m
N. Reddy	Independent Director	24.3yrs	US$196.16k	0.21% $ 5.5m
Emily Liggett	Independent Director	4.2yrs	US$188.41k	0.013% $ 328.6k
Patrick Prevost	Independent Director	4.8yrs	US$196.16k	0.058% $ 1.5m
Darlene J. Solomon	Independent Director	12.8yrs	US$188.41k	0.13% $ 3.3m

11.2yrs

Average Tenure

68yo

Average Age

Experienced Board: MTRN's board of directors are seasoned and experienced ( 11.2 years average tenure).

Materion Management

Management criteria checks 3/4

Key information

Recent management updates

CEO, President & Director exercised options and sold US$303k worth of stock

VP, General Counsel & Secretary recently sold US$401k worth of stock

Materion Corporation, Annual General Meeting, May 09, 2024

VP, General Counsel & Secretary notifies of intention to sell stock

Chief Accounting Officer & CFO exercised options to buy US$320k worth of stock.

VP, General Counsel & Secretary recently sold US$243k worth of stock

Recent updates

Price target increased by 9.9% to US$149

CEO, President & Director exercised options and sold US$303k worth of stock

Is There An Opportunity With Materion Corporation's (NYSE:MTRN) 39% Undervaluation?

VP, General Counsel & Secretary recently sold US$401k worth of stock

Materion Corporation, Annual General Meeting, May 09, 2024

VP, General Counsel & Secretary notifies of intention to sell stock

Full year 2023 earnings: EPS misses analyst expectations

Upcoming dividend of US$0.13 per share at 0.4% yield

Third quarter dividend of US$0.13 announced

Materion Corporation to Report Q4, 2023 Results on Feb 15, 2024

Materion Corporation Declares Quarterly Cash Dividend, Payable on March 8, 2024

We Think Materion (NYSE:MTRN) Can Stay On Top Of Its Debt

Materion Corporation's (NYSE:MTRN) P/E Is On The Mark

Chief Accounting Officer & CFO exercised options to buy US$320k worth of stock.

If EPS Growth Is Important To You, Materion (NYSE:MTRN) Presents An Opportunity

Upcoming dividend of US$0.13 per share at 0.5% yield

Is Materion Corporation (NYSE:MTRN) Trading At A 30% Discount?

Materion Corporation Announces Earnings Guidance for Full Year Ended December 31, 2023

Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Materion Corporation Declares Quarterly Cash Dividend for the Fourth Quarter 2023, Payable on December 8, 2023

Is Materion (NYSE:MTRN) A Risky Investment?

Materion Corporation to Report Q3, 2023 Results on Nov 01, 2023

Materion: New Advanced Materials Could Bring Significant FCF Growth

Here's Why We Think Materion (NYSE:MTRN) Is Well Worth Watching

Upcoming dividend of US$0.13 per share at 0.5% yield

Materion Corporation Declares Dividend for Third-Quarter 2023, Payable on September 7, 2023

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Materion Corporation to Report Q2, 2023 Results on Aug 02, 2023

Here's Why Materion (NYSE:MTRN) Can Manage Its Debt Responsibly

Calculating The Fair Value Of Materion Corporation (NYSE:MTRN)

Materion Corporation: Demand Is There And Investor Value Too

Upcoming dividend of US$0.13 per share at 0.5% yield

VP, General Counsel & Secretary recently sold US$243k worth of stock

Materion Corporation Increases Cash Dividend for the First Quarter 2023, Payable on June 15, 2023

Independent Director recently sold US$104k worth of stock

Is Now The Time To Put Materion (NYSE:MTRN) On Your Watchlist?

First quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Materion (NYSE:MTRN) Seems To Use Debt Quite Sensibly

Estimating The Fair Value Of Materion Corporation (NYSE:MTRN)

VP, General Counsel & Secretary recently sold US$330k worth of stock

VP, General Counsel & Secretary notifies of intention to sell stock

Materion Surges On Optimism For 2023 And Beyond

Full year 2022 earnings: EPS exceeds analyst expectations

Investor sentiment improves as stock rises 29%

Materion Q4 2022 Earnings Preview

Upcoming dividend of US$0.13 per share at 0.6% yield

Here's Why Materion (NYSE:MTRN) Has Caught The Eye Of Investors

Materion Corporation to Report Q4, 2022 Results on Feb 16, 2023

Materion Corporation Announces Cash Dividend for the Fourth Quarter 2022, Payable on March 10, 2023

Materion declares $0.125 dividend

Materion (NYSE:MTRN) Seems To Use Debt Quite Sensibly

VP of Finance & CFO exercised options and sold US$95k worth of stock

Materion Corporation (NYSE:MTRN) Shares Could Be 44% Below Their Intrinsic Value Estimate

Price target decreased to US$95.00

Insufficient new directors

Margin Challenges And End-Market Worries Overshadowing Good Growth At Materion

Consensus EPS estimates fall by 12%

Upcoming dividend of US$0.13 per share

Price target decreased to US$95.00

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Materion Corporation Declares Quarterly Cash Dividend, Payable on December 8, 2022

Materion declares $0.125 dividend

We Ran A Stock Scan For Earnings Growth And Materion (NYSE:MTRN) Passed With Ease

Materion Corporation to Report Q3, 2022 Results on Nov 02, 2022

Materion announces $20M in investments in Massachusetts facility

VP, General Counsel & Secretary exercised options and sold US$493k worth of stock

Upcoming dividend of US$0.13 per share

Materion Corporation Declares Dividend for the Third Quarter 2022, Payable on September 8, 2022

Is Materion (NYSE:MTRN) A Risky Investment?