Summit Materials Management
Management criteria checks 3/4
Summit Materials' CEO is Anne Noonan, appointed in Sep 2020, has a tenure of 4.33 years. total yearly compensation is $6.99M, comprised of 14.7% salary and 85.3% bonuses, including company stock and options. directly owns 0.19% of the company’s shares, worth $16.71M. The average tenure of the management team and the board of directors is 2.2 years and 6.4 years respectively.
Key information
Anne Noonan
Chief executive officer
US$7.0m
Total compensation
| CEO salary percentage | 14.7% |
| CEO tenure | 4.3yrs |
| CEO ownership | 0.2% |
| Management average tenure | 2.2yrs |
| Board average tenure | 6.4yrs |
Recent management updates
Recent updates
Summit Materials, Inc. (NYSE:SUM) Stocks Shoot Up 27% But Its P/E Still Looks Reasonable
Nov 22
Summit Materials: Good Growth Prospects Should Drive Further Upside
Sep 27Should You Be Adding Summit Materials (NYSE:SUM) To Your Watchlist Today?
Sep 25Why Summit Materials, Inc. (NYSE:SUM) Could Be Worth Watching
Sep 04Summit Materials' (NYSE:SUM) Earnings Aren't As Good As They Appear
Aug 14Summit Materials: Still Cheap, Still Worth An Optimistic View
Jul 02Is It Time To Consider Buying Summit Materials, Inc. (NYSE:SUM)?
May 31Investors Interested In Summit Materials, Inc.'s (NYSE:SUM) Earnings
May 05Summit Materials: Diversified But Lacking Upside
Apr 17Is It Time To Consider Buying Summit Materials, Inc. (NYSE:SUM)?
Feb 19Summit Materials, Inc. (NYSE:SUM) Investors Are Less Pessimistic Than Expected
Jan 29Summit Materials: A Good Buy At Current Levels
Nov 26Summit Materials: Cementing Its Position
Sep 10Summit Materials: Good Medium To Long-Term Growth Prospects
Jul 09Summit Materials Non-GAAP EPS of $0.32 beats by $0.02, revenue of $552.27M misses by $14.89M
Feb 15Summit Materials: Good Growth Prospects At A Discount Valuation
Dec 12Summit Materials Gives A Rock-Solid Foundation For Growth
Sep 13Summit Materials: Investor Day Outlines The Next Leg Of Growth
Jun 19CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 28 2024 | n/a | n/a | US$147m |
| Jun 29 2024 | n/a | n/a | US$272m |
| Mar 30 2024 | n/a | n/a | US$250m |
| Dec 30 2023 | n/a | n/a | US$286m |
| Sep 30 2023 | n/a | n/a | US$313m |
| Jul 01 2023 | n/a | n/a | US$169m |
| Apr 01 2023 | n/a | n/a | US$276m |
| Dec 31 2022 | US$5m | US$968k | US$272m |
| Oct 01 2022 | n/a | n/a | US$286m |
| Jul 02 2022 | n/a | n/a | US$274m |
| Apr 02 2022 | n/a | n/a | US$140m |
| Jan 01 2022 | US$6m | US$953k | US$152m |
| Oct 02 2021 | n/a | n/a | US$143m |
| Jul 03 2021 | n/a | n/a | US$160m |
| Apr 03 2021 | n/a | n/a | US$159m |
| Jan 02 2021 | US$4m | US$419k | US$138m |
Compensation vs Market: Anne's total compensation ($USD6.99M) is about average for companies of similar size in the US market ($USD7.97M).
Compensation vs Earnings: Anne's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Anne Noonan (61 yo)
4.3yrs
Tenure
US$6,993,815
Compensation
Ms. Anne P. Noonan has been President, CEO and Director of Summit Materials, LLC. She has been the Chief Executive Officer, President and Director of Summit Materials, Inc. since September 01, 2020. She wa...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.3yrs | US$6.99m | 0.19% $ 16.7m | |
| Executive VP & CFO | 1.8yrs | US$2.15m | 0.021% $ 1.9m | |
| Executive VP | 3.8yrs | US$1.57m | 0.023% $ 2.0m | |
| Executive VP of Chief People & ESG Officer and Head of Communications | 2.2yrs | US$1.61m | 0.025% $ 2.2m | |
| Executive Officer | 1.8yrs | US$777.31k | 0.13% $ 11.2m | |
| Executive VP & COO | less than a year | no data | no data | |
| Senior VP | no data | no data | 0.0058% $ 514.5k | |
| Vice President | 2.8yrs | no data | no data | |
| Senior VP of Corporate Development | no data | no data | no data | |
| Executive VP & President of Cement Segment | 2.8yrs | no data | 0.017% $ 1.5m | |
| Chief Information Technology Officer | no data | no data | no data | |
| Executive VP & President of Construction Materials for West Segment | less than a year | no data | 0.063% $ 5.6m |
2.2yrs
Average Tenure
59yo
Average Age
Experienced Management: SUM's management team is considered experienced (2.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.3yrs | US$6.99m | 0.19% $ 16.7m | |
| Independent Director | 8.4yrs | US$250.74k | 0.022% $ 2.0m | |
| Independent Chairman | 12.3yrs | US$370.74k | 0.035% $ 3.1m | |
| Independent Director | 8.7yrs | US$230.74k | 0.025% $ 2.2m | |
| Independent Director | 6.4yrs | US$245.74k | 0.0080% $ 715.3k | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 6.4yrs | US$230.74k | 0.013% $ 1.2m | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 9yrs | US$230.74k | 0.013% $ 1.1m | |
| Independent Director | 3.7yrs | US$230.74k | 0.0068% $ 606.0k |
6.4yrs
Average Tenure
61yo
Average Age
Experienced Board: SUM's board of directors are considered experienced (6.4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 03:56 |
| End of Day Share Price | 2024/12/31 00:00 |
| Earnings | 2024/09/28 |
| Annual Earnings | 2023/12/30 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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
Summit Materials, Inc. is covered by 30 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Adam Seiden | Barclays |
| Adam Thalhimer | BB&T Capital Markets |
| Daniel Wang | Berenberg |