Summit Materials Management
Management criteria checks 3/4
Summit Materials' CEO is Anne Noonan, appointed in Sep 2020, has a tenure of 4.17 years. total yearly compensation is $6.99M, comprised of 14.7% salary and 85.3% bonuses, including company stock and options. directly owns 0.15% of the company’s shares, worth $13.27M. The average tenure of the management team and the board of directors is 2 years and 6.3 years respectively.
Key information
Anne Noonan
Chief executive officer
US$7.0m
Total compensation
| CEO salary percentage | 14.7% |
| CEO tenure | 4.2yrs |
| CEO ownership | 0.1% |
| Management average tenure | 2yrs |
| Board average tenure | 6.3yrs |
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 29Is There An Opportunity With Summit Materials, Inc.'s (NYSE:SUM) 35% Undervaluation?
Dec 23Here's Why Summit Materials (NYSE:SUM) Can Manage Its Debt Responsibly
Dec 08Summit Materials: A Good Buy At Current Levels
Nov 26Does Summit Materials (NYSE:SUM) Deserve A Spot On Your Watchlist?
Nov 08When Should You Buy Summit Materials, Inc. (NYSE:SUM)?
Oct 23Summit Materials: Cementing Its Position
Sep 10These 4 Measures Indicate That Summit Materials (NYSE:SUM) Is Using Debt Reasonably Well
Sep 04What Does Summit Materials, Inc.'s (NYSE:SUM) Share Price Indicate?
Jul 25Summit Materials: Good Medium To Long-Term Growth Prospects
Jul 09Investors Met With Slowing Returns on Capital At Summit Materials (NYSE:SUM)
Jul 06Do Summit Materials' (NYSE:SUM) Earnings Warrant Your Attention?
Jun 03We Think Summit Materials (NYSE:SUM) Can Stay On Top Of Its Debt
May 18At US$26.40, Is Summit Materials, Inc. (NYSE:SUM) Worth Looking At Closely?
Apr 12Summit Materials (NYSE:SUM) Has More To Do To Multiply In Value Going Forward
Mar 28Should You Be Adding Summit Materials (NYSE:SUM) To Your Watchlist Today?
Feb 26Summit Materials Non-GAAP EPS of $0.32 beats by $0.02, revenue of $552.27M misses by $14.89M
Feb 15These 4 Measures Indicate That Summit Materials (NYSE:SUM) Is Using Debt Reasonably Well
Feb 06What Is Summit Materials, Inc.'s (NYSE:SUM) Share Price Doing?
Jan 10Return Trends At Summit Materials (NYSE:SUM) Aren't Appealing
Dec 28Summit Materials: Good Growth Prospects At A Discount Valuation
Dec 12Do Summit Materials' (NYSE:SUM) Earnings Warrant Your Attention?
Nov 28Summit Materials, Inc. (NYSE:SUM) Shares Could Be 47% Below Their Intrinsic Value Estimate
Nov 16Summit Materials (NYSE:SUM) Has A Pretty Healthy Balance Sheet
Oct 31Investors Met With Slowing Returns on Capital At Summit Materials (NYSE:SUM)
Sep 28Summit Materials Gives A Rock-Solid Foundation For Growth
Sep 13Is There Now An Opportunity In Summit Materials, Inc. (NYSE:SUM)?
Aug 31Does Summit Materials (NYSE:SUM) Deserve A Spot On Your Watchlist?
Aug 17Is Summit Materials (NYSE:SUM) A Risky Investment?
Jul 20Summit Materials: Investor Day Outlines The Next Leg Of Growth
Jun 19Returns On Capital At Summit Materials (NYSE:SUM) Have Stalled
Jun 17Should You Investigate Summit Materials, Inc. (NYSE:SUM) At US$26.67?
May 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 ($USD7.94M).
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)
4.2yrs
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 | 4.2yrs | US$6.99m | 0.15% $ 13.3m | |
| Executive VP & CFO | 1.7yrs | US$2.15m | 0.012% $ 1.1m | |
| Executive VP | 3.7yrs | US$1.57m | 0.022% $ 2.0m | |
| Executive VP of Chief People & ESG Officer and Head of Communications | 2yrs | US$1.61m | 0.017% $ 1.5m | |
| Executive Officer | 1.7yrs | US$777.31k | 0.13% $ 11.3m | |
| Executive VP & COO | less than a year | no data | no data | |
| Senior VP | no data | no data | 0.0058% $ 520.2k | |
| Vice President | 2.6yrs | no data | no data | |
| Senior VP of Corporate Development | no data | no data | no data | |
| Executive VP & President of Cement Segment | 2.7yrs | no data | 0.0098% $ 876.8k | |
| 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 | 0.096% $ 8.7m |
2.0yrs
Average Tenure
59yo
Average Age
Experienced Management: SUM's management team is considered experienced (2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.2yrs | US$6.99m | 0.15% $ 13.3m | |
| Independent Director | 8.3yrs | US$250.74k | 0.022% $ 2.0m | |
| Independent Chairman | 12.1yrs | US$370.74k | 0.035% $ 3.2m | |
| Independent Director | 8.5yrs | US$230.74k | 0.025% $ 2.3m | |
| Independent Director | 6.3yrs | US$245.74k | 0.0080% $ 723.2k | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 6.3yrs | 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 | 8.8yrs | US$230.74k | 0.015% $ 1.4m | |
| Independent Director | 3.5yrs | US$230.74k | 0.0068% $ 612.7k |
6.3yrs
Average Tenure
61yo
Average Age
Experienced Board: SUM's board of directors are considered experienced (6.3 years average tenure).