Monro Management
Management criteria checks 4/4
Monro's CEO is Mike Broderick, appointed in Apr 2021, has a tenure of 3.58 years. total yearly compensation is $1.65M, comprised of 46.8% salary and 53.2% bonuses, including company stock and options. directly owns 0.28% of the company’s shares, worth $2.47M. The average tenure of the management team and the board of directors is 2.8 years and 7.3 years respectively.
Key information
Mike Broderick
Chief executive officer
US$1.7m
Total compensation
| CEO salary percentage | 46.8% |
| CEO tenure | 3.6yrs |
| CEO ownership | 0.3% |
| Management average tenure | 2.8yrs |
| Board average tenure | 7.3yrs |
Recent management updates
Recent updates
Monro, Inc. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Nov 02
Be Wary Of Monro (NASDAQ:MNRO) And Its Returns On Capital
Sep 25An Intrinsic Calculation For Monro, Inc. (NASDAQ:MNRO) Suggests It's 27% Undervalued
Sep 09Monro (NASDAQ:MNRO) Will Pay A Dividend Of $0.28
Aug 22Monro: Collect The Dividend Until The Tires Need A Change
Aug 12Should You Think About Buying Monro, Inc. (NASDAQ:MNRO) Now?
Jun 21Monro: Market Conditions Are Improving But Still A Risky Investment
Jun 04Monro (NASDAQ:MNRO) Will Pay A Dividend Of $0.28
May 26The Price Is Right For Monro, Inc. (NASDAQ:MNRO) Even After Diving 25%
May 24Monro, Inc.'s (NASDAQ:MNRO) Intrinsic Value Is Potentially 54% Above Its Share Price
May 23Capital Allocation Trends At Monro (NASDAQ:MNRO) Aren't Ideal
Apr 27Monro (NASDAQ:MNRO) Has Affirmed Its Dividend Of $0.28
Mar 01There May Be Reason For Hope In Monro's (NASDAQ:MNRO) Disappointing Earnings
Jan 31A Look At The Fair Value Of Monro, Inc. (NASDAQ:MNRO)
Jan 25Monro's (NASDAQ:MNRO) Returns On Capital Not Reflecting Well On The Business
Dec 15Monro (NASDAQ:MNRO) Is Due To Pay A Dividend Of $0.28
Dec 02Is Monro (NASDAQ:MNRO) A Risky Investment?
Oct 23When Should You Buy Monro, Inc. (NASDAQ:MNRO)?
Sep 27Be Wary Of Monro (NASDAQ:MNRO) And Its Returns On Capital
Sep 08Monro (NASDAQ:MNRO) Has Affirmed Its Dividend Of $0.28
Aug 13Monro's (NASDAQ:MNRO) Dividend Will Be $0.28
May 23Is Monro, Inc. (NASDAQ:MNRO) Potentially Undervalued?
May 19Monro's (NASDAQ:MNRO) Returns On Capital Not Reflecting Well On The Business
Apr 25Monro, Inc. (NASDAQ:MNRO) Shares Could Be 36% Below Their Intrinsic Value Estimate
Jan 24What Does Monro, Inc.'s (NASDAQ:MNRO) Share Price Indicate?
Sep 28Investors Could Be Concerned With Monro's (NASDAQ:MNRO) Returns On Capital
Sep 13Does Monro (NASDAQ:MNRO) Have A Healthy Balance Sheet?
Aug 31Monro declares $0.28 dividend
Aug 19Monro Non-GAAP EPS of $0.42 beats by $0.06, revenue of $349.54M beats by $3.29M
Jul 27A Look At The Fair Value Of Monro, Inc. (NASDAQ:MNRO)
Jul 21Monro: Still A Good Play In This Market
Jul 15Is Now The Time To Look At Buying Monro, Inc. (NASDAQ:MNRO)?
Jun 20CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 28 2024 | n/a | n/a | US$26m |
| Jun 29 2024 | n/a | n/a | US$33m |
| Mar 30 2024 | US$2m | US$773k | US$36m |
| Dec 23 2023 | n/a | n/a | US$33m |
| Sep 23 2023 | n/a | n/a | US$34m |
| Jun 24 2023 | n/a | n/a | US$35m |
| Mar 25 2023 | US$2m | US$714k | US$39m |
| Dec 24 2022 | n/a | n/a | US$47m |
| Sep 24 2022 | n/a | n/a | US$50m |
| Jun 25 2022 | n/a | n/a | US$58m |
| Mar 26 2022 | US$4m | US$696k | US$61m |
Compensation vs Market: Mike's total compensation ($USD1.65M) is below average for companies of similar size in the US market ($USD3.22M).
Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.
CEO
Mike Broderick (56 yo)
3.6yrs
Tenure
US$1,652,413
Compensation
Mr. Michael T. Broderick, also known as Mike, has been President and Chief Executive Officer at Monro, Inc. since April 5, 2021. He is a Director of Monro, Inc. since 2021. Mr. Broderick was an Executive V...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.6yrs | US$1.65m | 0.28% $ 2.5m | |
| Executive VP of Finance | 7.8yrs | US$1.19m | 0.057% $ 499.4k | |
| Senior VP & Chief Information Officer | 2yrs | US$545.65k | 0.017% $ 150.2k | |
| Executive VP | 21.1yrs | US$982.57k | 0.017% $ 152.3k | |
| Vice President of Finance & Operations | less than a year | no data | 0.0051% $ 44.3k | |
| Vice President of Marketing | no data | no data | no data | |
| Vice President of Human Resources | less than a year | no data | no data |
2.8yrs
Average Tenure
54yo
Average Age
Experienced Management: MNRO's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.8yrs | US$1.65m | 0.28% $ 2.5m | |
| Independent Director | 11.3yrs | US$285.23k | 0.079% $ 687.1k | |
| Independent Director | 40.3yrs | US$208.48k | 0.59% $ 5.1m | |
| Independent Chairman | 14.6yrs | US$299.73k | 0.13% $ 1.1m | |
| Independent Director | 4.3yrs | US$221.35k | 0.051% $ 444.8k | |
| Independent Director | 1.8yrs | US$1.00k | 0.029% $ 252.7k | |
| Independent Director | less than a year | no data | 0.016% $ 143.6k | |
| Independent Director | 7.3yrs | US$185.99k | 0.056% $ 486.6k | |
| Independent Director | 7.3yrs | US$235.48k | 0.075% $ 652.3k |
7.3yrs
Average Tenure
61yo
Average Age
Experienced Board: MNRO's board of directors are considered experienced (7.3 years average tenure).