Materion Management

Management criteria checks 3/4

Materion's CEO is Jugal Vijayvargiya, appointed in Mar 2017, has a tenure of 7.75 years. total yearly compensation is $5.97M, comprised of 14.8% salary and 85.2% bonuses, including company stock and options. directly owns 0.49% of the company’s shares, worth $10.11M. The average tenure of the management team and the board of directors is 5.7 years and 11.8 years respectively.

Key information

Jugal Vijayvargiya

Chief executive officer

US$6.0m

Total compensation

CEO salary percentage14.8%
CEO tenure7.8yrs
CEO ownership0.5%
Management average tenure5.7yrs
Board average tenure11.8yrs

Recent management updates

Recent updates

Materion Corporation's (NYSE:MTRN) Popularity With Investors Is Clear

Sep 28
Materion Corporation's (NYSE:MTRN) Popularity With Investors Is Clear

Materion (NYSE:MTRN) Has A Somewhat Strained Balance Sheet

Sep 04
Materion (NYSE:MTRN) Has A Somewhat Strained Balance Sheet

Investors Appear Satisfied With Materion Corporation's (NYSE:MTRN) Prospects

Jun 05
Investors Appear Satisfied With Materion Corporation's (NYSE:MTRN) Prospects

Materion (NYSE:MTRN) Takes On Some Risk With Its Use Of Debt

May 07
Materion (NYSE:MTRN) Takes On Some Risk With Its Use Of Debt

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

Apr 19
Here's Why We Think Materion (NYSE:MTRN) Is Well Worth Watching

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

Mar 03
Is There An Opportunity With Materion Corporation's (NYSE:MTRN) 39% Undervaluation?

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

Jan 26
We Think Materion (NYSE:MTRN) Can Stay On Top Of Its Debt

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

Jan 04
Materion Corporation's (NYSE:MTRN) P/E Is On The Mark

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

Dec 05
If EPS Growth Is Important To You, Materion (NYSE:MTRN) Presents An Opportunity

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

Nov 07
Is Materion Corporation (NYSE:MTRN) Trading At A 30% Discount?

Is Materion (NYSE:MTRN) A Risky Investment?

Oct 23
Is Materion (NYSE:MTRN) A Risky Investment?

Materion: New Advanced Materials Could Bring Significant FCF Growth

Sep 10

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

Aug 17
Here's Why We Think Materion (NYSE:MTRN) Is Well Worth Watching

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

Jul 15
Here's Why Materion (NYSE:MTRN) Can Manage Its Debt Responsibly

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

Jun 30
Calculating The Fair Value Of Materion Corporation (NYSE:MTRN)

Materion Corporation: Demand Is There And Investor Value Too

Jun 05

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

May 11
Is Now The Time To Put Materion (NYSE:MTRN) On Your Watchlist?

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

Apr 08
Materion (NYSE:MTRN) Seems To Use Debt Quite Sensibly

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

Mar 22
Estimating The Fair Value Of Materion Corporation (NYSE:MTRN)

Materion Surges On Optimism For 2023 And Beyond

Feb 22

Materion Q4 2022 Earnings Preview

Feb 15

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

Feb 09
Here's Why Materion (NYSE:MTRN) Has Caught The Eye Of Investors

Materion declares $0.125 dividend

Feb 01

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

Jan 08
Materion (NYSE:MTRN) Seems To Use Debt Quite Sensibly

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

Nov 22
Materion Corporation (NYSE:MTRN) Shares Could Be 44% Below Their Intrinsic Value Estimate

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

Materion announces $20M in investments in Massachusetts facility

Oct 04

Is Materion (NYSE:MTRN) A Risky Investment?

Aug 09
Is Materion (NYSE:MTRN) A Risky Investment?

CEO Compensation Analysis

How has Jugal Vijayvargiya's remuneration changed compared to Materion's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 27 2024n/an/a

US$74m

Jun 28 2024n/an/a

US$78m

Mar 29 2024n/an/a

US$84m

Dec 31 2023US$6mUS$882k

US$96m

Sep 29 2023n/an/a

US$105m

Jun 30 2023n/an/a

US$98m

Mar 31 2023n/an/a

US$98m

Dec 31 2022US$5mUS$821k

US$86m

Sep 30 2022n/an/a

US$77m

Jul 01 2022n/an/a

US$75m

Apr 01 2022n/an/a

US$70m

Dec 31 2021US$4mUS$771k

US$72m

Oct 01 2021n/an/a

US$61m

Jul 02 2021n/an/a

US$48m

Apr 02 2021n/an/a

US$36m

Dec 31 2020US$3mUS$779k

US$15m

Sep 25 2020n/an/a

US$25m

Jun 26 2020n/an/a

US$23m

Mar 27 2020n/an/a

US$33m

Dec 31 2019US$5mUS$735k

US$53m

Sep 27 2019n/an/a

US$15m

Jun 28 2019n/an/a

US$32m

Mar 29 2019n/an/a

US$27m

Dec 31 2018US$4mUS$718k

US$21m

Sep 28 2018n/an/a

US$33m

Jun 29 2018n/an/a

US$23m

Mar 30 2018n/an/a

US$19m

Dec 31 2017US$3mUS$545k

US$11m

Compensation vs Market: Jugal's total compensation ($USD5.97M) is about average for companies of similar size in the US market ($USD5.51M).

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


CEO

Jugal Vijayvargiya (56 yo)

7.8yrs

Tenure

US$5,971,864

Compensation

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


Leadership Team

NamePositionTenureCompensationOwnership
Jugal Vijayvargiya
CEO, President & Director7.8yrsUS$5.97m0.49%
$ 10.1m
Shelly Chadwick
CFO & VP of Finance4.1yrsUS$2.05m0.074%
$ 1.5m
Gregory Chemnitz
VP, General Counsel & Secretary17.3yrsUS$1.41m0.084%
$ 1.7m
Steven Holt
Chief Information Officer7.1yrsno datano data
Kyle Kelleher
Manager of Investor Relationsno datano datano data
Shannon Bennett
Vice President of Global Communicationsno datano datano data
Sam Fulton
Vice President of Strategy & Corporate Developmentno datano datano data
Allen Reid
Chief Human Resources Officer4.5yrsno datano data
John Zaranec
Division Chief Financial Officer Performance Materials1.3yrsno datano data
Jason Moore
President of Precision Opticsless than a yearno datano data
Alfonso Lubrano
President & CEO of Technical Materials Incno datano datano data
Clive Grannum
President of Performance Materials6.8yrsno datano data

5.7yrs

Average Tenure

58yo

Average Age

Experienced Management: MTRN's management team is seasoned and experienced (5.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jugal Vijayvargiya
CEO, President & Director7.8yrsUS$5.97m0.49%
$ 10.1m
Craig Shular
Independent Director16.6yrsUS$208.66k0.028%
$ 590.9k
Robert Phillippy
Independent Director6.9yrsUS$203.66k0.019%
$ 400.3k
Vinod Khilnani
Independent Non-Executive Chairman15.8yrsUS$261.16k0.085%
$ 1.8m
Robert Toth
Independent Director11.8yrsUS$201.16k0.12%
$ 2.6m
N. Reddy
Independent Director24.9yrsUS$196.16k0.21%
$ 4.4m
Emily Liggett
Independent Director4.8yrsUS$196.16k0.013%
$ 262.1k
Patrick Prevost
Independent Director5.5yrsUS$196.16k0.057%
$ 1.2m
Darlene J. Solomon
Independent Director13.4yrsUS$196.16k0.13%
$ 2.7m

11.8yrs

Average Tenure

69yo

Average Age

Experienced Board: MTRN's board of directors are seasoned and experienced ( 11.8 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 22:52
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/27
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Materion Corporation is covered by 8 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Daniel MooreCJS Securities, Inc.
David SilverCL King & Associates, Inc.
Seth RosenfeldJefferies LLC