Friedman Industries Management
Management criteria checks 3/4
Friedman Industries' CEO is Mike Taylor, appointed in Feb 2019, has a tenure of 5.17 years. total yearly compensation is $1.09M, comprised of 25.6% salary and 74.4% bonuses, including company stock and options. directly owns 2.04% of the company’s shares, worth $2.76M. The average tenure of the management team and the board of directors is 5.2 years and 11.7 years respectively.
Key information
Mike Taylor
Chief executive officer
US$1.1m
Total compensation
| CEO salary percentage | 25.6% |
| CEO tenure | 5.2yrs |
| CEO ownership | 2.0% |
| Management average tenure | 5.2yrs |
| Board average tenure | 11.7yrs |
Recent management updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | US$18m |
| Sep 30 2023 | n/a | n/a | US$19m |
| Jun 30 2023 | n/a | n/a | US$18m |
| Mar 31 2023 | US$1m | US$280k | US$21m |
| Dec 31 2022 | n/a | n/a | US$8m |
| Sep 30 2022 | n/a | n/a | US$4m |
| Jun 30 2022 | n/a | n/a | US$14m |
| Mar 31 2022 | US$1m | US$280k | US$14m |
| Dec 31 2021 | n/a | n/a | US$30m |
| Sep 30 2021 | n/a | n/a | US$35m |
| Jun 30 2021 | n/a | n/a | US$23m |
| Mar 31 2021 | US$380k | US$280k | US$11m |
| Dec 31 2020 | n/a | n/a | -US$2m |
| Sep 30 2020 | n/a | n/a | -US$5m |
| Jun 30 2020 | n/a | n/a | -US$6m |
| Mar 31 2020 | US$511k | US$280k | -US$5m |
| Dec 31 2019 | n/a | n/a | -US$3m |
| Sep 30 2019 | n/a | n/a | -US$2m |
| Jun 30 2019 | n/a | n/a | US$2m |
| Mar 31 2019 | US$272k | US$32k | US$5m |
| Dec 31 2018 | n/a | n/a | US$9m |
| Sep 30 2018 | n/a | n/a | US$9m |
| Jun 30 2018 | n/a | n/a | US$7m |
| Mar 31 2018 | US$31k | n/a | US$4m |
Compensation vs Market: Mike's total compensation ($USD1.09M) is above average for companies of similar size in the US market ($USD677.87K).
Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.
CEO
Mike Taylor (64 yo)
5.2yrs
Tenure
US$1,093,530
Compensation
Mr. Michael J. Taylor, also known as Mike, has been Chairman of the Board at Friedman Industries, Incorporated since June 2, 2017 and as its Director since December 02, 2016. Mr. Taylor serves as President...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board | 5.2yrs | US$1.09m | 2.04% $ 2.8m | |
| CFO, Secretary & Treasurer | 10.7yrs | US$727.05k | 0.32% $ 439.8k | |
| Vice President of Operations | 1.2yrs | no data | no data |
5.2yrs
Average Tenure
Experienced Management: FRD's management team is seasoned and experienced (5.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board | 7.3yrs | US$1.09m | 2.04% $ 2.8m | |
| Independent Director | 24.3yrs | US$46.00k | 0.41% $ 555.8k | |
| Independent Director | 17.3yrs | US$55.00k | 0.38% $ 515.5k | |
| Independent Director | 17yrs | US$58.00k | 0.21% $ 282.1k | |
| Independent Director | 1.8yrs | US$31.00k | 0.087% $ 117.5k | |
| Independent Director | 16.1yrs | US$55.00k | 0.35% $ 481.6k | |
| Independent Director | 1.8yrs | US$31.00k | 0.097% $ 131.1k | |
| Independent Director | 4.6yrs | US$46.00k | 0.38% $ 515.5k |
11.7yrs
Average Tenure
64.5yo
Average Age
Experienced Board: FRD's board of directors are seasoned and experienced ( 11.7 years average tenure).