Monro Management
Management criteria checks 3/4
Monro's CEO is Mike Broderick, appointed in Apr 2021, has a tenure of 3.25 years. total yearly compensation is $1.56M, comprised of 45.8% salary and 54.2% bonuses, including company stock and options. directly owns 0.27% of the company’s shares, worth $2.46M. The average tenure of the management team and the board of directors is 2.2 years and 6.7 years respectively.
Key information
Mike Broderick
Chief executive officer
US$1.6m
Total compensation
| CEO salary percentage | 45.8% |
| CEO tenure | 3yrs |
| CEO ownership | 0.3% |
| Management average tenure | 2.2yrs |
| Board average tenure | 6.7yrs |
Recent management updates
Recent updates
Monro (NASDAQ:MNRO) Has Affirmed Its Dividend Of $0.28
Mar 01
There 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 20Monro (NASDAQ:MNRO) Could Be Struggling To Allocate Capital
Jun 05Does Monro (NASDAQ:MNRO) Have A Healthy Balance Sheet?
May 22Is There An Opportunity With Monro, Inc.'s (NASDAQ:MNRO) 45% Undervaluation?
Apr 20Monro: Undervalued And Misunderstood
Apr 17Is Monro, Inc. (NASDAQ:MNRO) Potentially Undervalued?
Mar 03Is Monro (NASDAQ:MNRO) A Risky Investment?
Feb 17Here's What's Concerning About Monro's (NASDAQ:MNRO) Returns On Capital
Jan 12Is There An Opportunity With Monro, Inc.'s (NASDAQ:MNRO) 32% Undervaluation?
Dec 27Monro Is Even More Attractive Now
Nov 29At US$60.11, Is Monro, Inc. (NASDAQ:MNRO) Worth Looking At Closely?
Nov 20Is Monro (NASDAQ:MNRO) A Risky Investment?
Nov 01Monro (NASDAQ:MNRO) May Have Issues Allocating Its Capital
Oct 02Calculating The Fair Value Of Monro, Inc. (NASDAQ:MNRO)
Sep 19CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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$61m |
Compensation vs Market: Mike's total compensation ($USD1.56M) is below average for companies of similar size in the US market ($USD3.43M).
Compensation vs Earnings: Insufficient data to compare Mike's compensation with company performance.
CEO
Mike Broderick (55 yo)
3yrs
Tenure
US$1,559,720
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 | 3yrs | US$1.56m | 0.27% $ 2.5m | |
| Executive VP of Finance | 7.3yrs | US$1.14m | 0.054% $ 493.9k | |
| Executive VP | 20.5yrs | US$977.15k | 0.012% $ 106.2k | |
| VP of Finance & Operations | less than a year | no data | 0.0017% $ 15.2k | |
| Senior VP & Chief Information Officer | 1.4yrs | no data | no data | |
| Vice President of Marketing | no data | no data | no data | |
| Vice President of Human Resources | less than a year | no data | no data |
2.2yrs
Average Tenure
52yo
Average Age
Experienced Management: MNRO's management team is considered experienced (2.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.3yrs | US$1.56m | 0.27% $ 2.5m | |
| Independent Director | 10.7yrs | US$227.99k | 0.062% $ 572.7k | |
| Independent Director | 39.8yrs | US$190.99k | 0.57% $ 5.2m | |
| Independent Chairman | 14yrs | US$237.99k | 0.11% $ 1.0m | |
| Independent Director | 3.7yrs | US$184.99k | 0.035% $ 317.3k | |
| Independent Director | 1.2yrs | US$1.00k | 0.013% $ 114.9k | |
| Director | less than a year | no data | no data | |
| Independent Director | 6.7yrs | US$185.99k | 0.039% $ 361.4k | |
| Independent Director | 6.7yrs | US$193.99k | 0.058% $ 535.9k |
6.7yrs
Average Tenure
60yo
Average Age
Experienced Board: MNRO's board of directors are considered experienced (6.7 years average tenure).