Key Tronic Management
Management criteria checks 3/4
Key Tronic's CEO is Craig Gates, appointed in Apr 2009, has a tenure of 15.08 years. total yearly compensation is $1.51M, comprised of 59.8% salary and 40.2% bonuses, including company stock and options. directly owns 2.06% of the company’s shares, worth $995.52K. The average tenure of the management team and the board of directors is 5.8 years and 14.7 years respectively.
Key information
Craig Gates
Chief executive officer
US$1.5m
Total compensation
| CEO salary percentage | 59.8% |
| CEO tenure | 15.1yrs |
| CEO ownership | 2.1% |
| Management average tenure | 5.8yrs |
| Board average tenure | 14.7yrs |
Recent management updates
Recent updates
Is Key Tronic (NASDAQ:KTCC) Using Too Much Debt?
Aug 17
Slowing Rates Of Return At Key Tronic (NASDAQ:KTCC) Leave Little Room For Excitement
May 04Here's Why Key Tronic (NASDAQ:KTCC) Is Weighed Down By Its Debt Load
Feb 08Is Key Tronic (NASDAQ:KTCC) A Risky Investment?
Nov 03Key Tronic GAAP EPS of $0.09, revenue of $126.2M
Aug 09Key Tronic (NASDAQ:KTCC) Use Of Debt Could Be Considered Risky
Jul 31We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Key Tronic Corporation's (NASDAQ:KTCC) CEO For Now
Oct 22Key Tronic gets Nasdaq notice over delay in filing of quarterly reports
May 26Key Tronic (NASDAQ:KTCC) Has A Somewhat Strained Balance Sheet
Feb 10
Are Key Tronic's (NASDAQ:KTCC) Statutory Earnings A Good Guide To Its Underlying Profitability?
Jan 06Key Tronic: CEO Appears Bullish On The Potential For New $100 Million Contracts
Dec 15Key Tronic (NASDAQ:KTCC) Shareholders Booked A 50% Gain In The Last Year
Dec 11CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 30 2024 | n/a | n/a | US$261k |
| Dec 30 2023 | n/a | n/a | US$4m |
| Sep 30 2023 | n/a | n/a | US$4m |
| Jul 01 2023 | US$2m | US$905k | US$5m |
| Apr 01 2023 | n/a | n/a | US$5m |
| Dec 31 2022 | n/a | n/a | US$4m |
| Oct 01 2022 | n/a | n/a | US$4m |
| Jul 02 2022 | US$1m | US$800k | US$3m |
| Apr 02 2022 | n/a | n/a | US$3m |
| Jan 01 2022 | n/a | n/a | US$2m |
| Oct 02 2021 | n/a | n/a | US$3m |
| Jul 03 2021 | US$2m | US$685k | US$4m |
| Apr 03 2021 | n/a | n/a | US$6m |
| Dec 26 2020 | n/a | n/a | US$6m |
| Sep 26 2020 | n/a | n/a | US$5m |
| Jun 27 2020 | US$1m | US$651k | US$5m |
| Mar 28 2020 | n/a | n/a | US$4m |
| Dec 28 2019 | n/a | n/a | -US$9m |
| Sep 28 2019 | n/a | n/a | -US$8m |
| Jun 29 2019 | US$686k | US$620k | -US$8m |
| Mar 30 2019 | n/a | n/a | -US$11m |
| Dec 29 2018 | n/a | n/a | US$2m |
| Sep 29 2018 | n/a | n/a | -US$164k |
| Jun 30 2018 | US$998k | US$620k | -US$1m |
| Mar 31 2018 | n/a | n/a | US$2m |
| Dec 30 2017 | n/a | n/a | US$3m |
| Sep 30 2017 | n/a | n/a | US$4m |
| Jul 01 2017 | US$2m | US$646k | US$6m |
Compensation vs Market: Craig's total compensation ($USD1.51M) is above average for companies of similar size in the US market ($USD661.15K).
Compensation vs Earnings: Craig's compensation has been consistent with company performance over the past year.
CEO
Craig Gates (64 yo)
15.1yrs
Tenure
US$1,513,037
Compensation
Mr. Craig D. Gates has been the President and Chief Executive Officer of Key Tronic Corp., since April 23, 2009. Mr. Gates served as General Manager of Sales & Program Management of Key Tronic Corporation....
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 15.1yrs | US$1.51m | 2.06% $ 995.5k | |
| Executive VP of Administration | 8.8yrs | US$711.57k | 0.32% $ 152.8k | |
| Executive Vice President of Business Development | 11.8yrs | US$546.65k | 0.64% $ 310.3k | |
| Executive Vice President of Operations | 11.8yrs | US$301.13k | 0.47% $ 225.5k | |
| Corporate Secretary & General Counsel | 1.5yrs | no data | no data | |
| Executive Vice President of Engineering | 2.7yrs | no data | 0.052% $ 25.0k | |
| Executive ?Vice President of Quality & Information Systems | 3yrs | no data | 0.046% $ 22.1k | |
| Senior Vice President of Business Development | 6.9yrs | no data | no data | |
| Senior Vice President of US Operations | 4.7yrs | no data | no data | |
| Senior Vice President of Southwest Operations | 3yrs | no data | no data | |
| Secretary | no data | no data | no data |
5.8yrs
Average Tenure
53.5yo
Average Age
Experienced Management: KTCC's management team is seasoned and experienced (5.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 14.8yrs | US$1.51m | 2.06% $ 995.5k | |
| Independent Director | 14.6yrs | US$87.34k | 1.81% $ 874.2k | |
| Independent Director | 35.3yrs | US$87.34k | 0.39% $ 190.0k | |
| Director | less than a year | no data | no data | |
| Independent Director | 17.6yrs | US$87.34k | 0.063% $ 30.5k | |
| Independent Director | 5.6yrs | US$87.34k | 0.0093% $ 4.5k |
14.7yrs
Average Tenure
67.5yo
Average Age
Experienced Board: KTCC's board of directors are seasoned and experienced ( 14.7 years average tenure).