Kirby Management
Management criteria checks 3/4
Kirby's CEO is David Grzebinski, appointed in Apr 2014, has a tenure of 10.67 years. total yearly compensation is $7.72M, comprised of 13.4% salary and 86.6% bonuses, including company stock and options. directly owns 0.11% of the company’s shares, worth $6.61M. The average tenure of the management team and the board of directors is 6.4 years and 9.9 years respectively.
Key information
David Grzebinski
Chief executive officer
US$7.7m
Total compensation
| CEO salary percentage | 13.4% |
| CEO tenure | 10.7yrs |
| CEO ownership | 0.1% |
| Management average tenure | 6.4yrs |
| Board average tenure | 9.9yrs |
Recent management updates
Recent updates
Kirby Corporation's (NYSE:KEX) Subdued P/E Might Signal An Opportunity
Dec 23
Does Kirby (NYSE:KEX) Deserve A Spot On Your Watchlist?
Nov 26Kirby: A Market Leader With Encouraging Growth Prospects
Nov 14Is There An Opportunity With Kirby Corporation's (NYSE:KEX) 44% Undervaluation?
Nov 13Is Kirby (NYSE:KEX) A Risky Investment?
Oct 20Kirby (NYSE:KEX) Is Doing The Right Things To Multiply Its Share Price
Oct 06Is Kirby Corporation (NYSE:KEX) Potentially Undervalued?
Sep 22Kirby Stock: Favorable Coastal Supply/Demand Dynamics Driving Strong Earnings Growth
Aug 26Why We're Not Concerned About Kirby Corporation's (NYSE:KEX) Share Price
Aug 05If EPS Growth Is Important To You, Kirby (NYSE:KEX) Presents An Opportunity
Jul 11Kirby (NYSE:KEX) Is Looking To Continue Growing Its Returns On Capital
Jun 28When Should You Buy Kirby Corporation (NYSE:KEX)?
Jun 15Kirby Up Strongly On A Multiyear Pricing And Margin Expansion Opportunity
Jun 13Is There An Opportunity With Kirby Corporation's (NYSE:KEX) 42% Undervaluation?
Jun 02Does Kirby (NYSE:KEX) Have A Healthy Balance Sheet?
Apr 25Investors Appear Satisfied With Kirby Corporation's (NYSE:KEX) Prospects
Apr 01With EPS Growth And More, Kirby (NYSE:KEX) Makes An Interesting Case
Mar 20Is Kirby Corporation (NYSE:KEX) Potentially Undervalued?
Mar 08Kirby Corporation (NYSE:KEX) Shares Could Be 36% Below Their Intrinsic Value Estimate
Feb 25Kirby: Barging Market Leader Poised For Higher Earnings And Share Prices
Feb 05Kirby: Takes On A Little Water With Sluggish Sequential Guidance (Rating Downgrade)
Oct 31Kirby Corporation: Pricey For Now And Not For The Right Reasons
Aug 21Kirby Corporation: Wait For Better Price Levels
Aug 08Kirby Q4 2022 Earnings Preview
Jan 30CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$306m |
| Jun 30 2024 | n/a | n/a | US$279m |
| Mar 31 2024 | n/a | n/a | US$252m |
| Dec 31 2023 | US$8m | US$1m | US$223m |
| Sep 30 2023 | n/a | n/a | US$198m |
| Jun 30 2023 | n/a | n/a | US$174m |
| Mar 31 2023 | n/a | n/a | US$146m |
| Dec 31 2022 | US$6m | US$1m | US$122m |
| Sep 30 2022 | n/a | n/a | US$96m |
| Jun 30 2022 | n/a | n/a | -US$208m |
| Mar 31 2022 | n/a | n/a | -US$226m |
| Dec 31 2021 | US$6m | US$968k | -US$247m |
| Sep 30 2021 | n/a | n/a | -US$236m |
| Jun 30 2021 | n/a | n/a | US$57m |
| Mar 31 2021 | n/a | n/a | US$71m |
| Dec 31 2020 | US$4m | US$950k | -US$273m |
| Sep 30 2020 | n/a | n/a | -US$292m |
| Jun 30 2020 | n/a | n/a | -US$272m |
| Mar 31 2020 | n/a | n/a | -US$249m |
| Dec 31 2019 | US$5m | US$933k | US$142m |
| Sep 30 2019 | n/a | n/a | US$115m |
| Jun 30 2019 | n/a | n/a | US$109m |
| Mar 31 2019 | n/a | n/a | US$90m |
| Dec 31 2018 | US$5m | US$873k | US$78m |
| Sep 30 2018 | n/a | n/a | US$332m |
| Jun 30 2018 | n/a | n/a | US$319m |
| Mar 31 2018 | n/a | n/a | US$316m |
| Dec 31 2017 | US$4m | US$799k | US$311m |
Compensation vs Market: David's total compensation ($USD7.72M) is about average for companies of similar size in the US market ($USD7.98M).
Compensation vs Earnings: David's compensation has increased by more than 20% in the past year.
CEO
David Grzebinski (63 yo)
10.7yrs
Tenure
US$7,722,709
Compensation
Mr. David W. Grzebinski, CFA, has been Chief Executive Officer of Kirby Corporation since April 29, 2014 and served as its President since January 01, 2014. He has been Director of Kirby Corporation since...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 10.7yrs | US$7.72m | 0.11% $ 6.6m | |
| President & COO | less than a year | US$3.17m | 0.023% $ 1.4m | |
| Executive VP & CFO | 3.1yrs | US$1.76m | 0.0030% $ 181.9k | |
| VP & Chief Information Officer | 5.7yrs | US$1.47m | 0.0017% $ 105.8k | |
| Executive VP | 7.9yrs | US$1.84m | 0.016% $ 951.4k | |
| VP, Controller & Assistant Secretary | 22.2yrs | no data | 0.016% $ 975.1k | |
| VP of Investor Relations & Treasurer | 5.7yrs | no data | 0.0016% $ 97.9k | |
| Vice President of Public & Government Affairs | 7.2yrs | no data | 0.0016% $ 99.8k | |
| Vice President of Human Resources | 1.8yrs | no data | 0.0045% $ 274.4k | |
| President of Kirby Engine Systems | 25.6yrs | US$855.75k | 0.036% $ 2.2m |
6.4yrs
Average Tenure
53yo
Average Age
Experienced Management: KEX's management team is seasoned and experienced (6.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 10.9yrs | US$7.72m | 0.11% $ 6.6m | |
| Independent Chairman of the Board | 13.6yrs | US$327.02k | 0.044% $ 2.7m | |
| Independent Director | 9.9yrs | US$327.11k | 0.076% $ 4.6m | |
| Independent Director | 16.9yrs | US$309.52k | 0.027% $ 1.6m | |
| Independent Director | 5.2yrs | US$297.02k | 0.028% $ 1.7m | |
| Independent Director | 12yrs | US$312.11k | 0.065% $ 4.0m | |
| Independent Director | 3.4yrs | US$295.15k | 0.018% $ 1.1m | |
| Independent Director | 9.2yrs | US$297.02k | 0.047% $ 2.9m | |
| Independent Director | 1.9yrs | US$326.30k | 0.0092% $ 560.9k |
9.9yrs
Average Tenure
68yo
Average Age
Experienced Board: KEX's board of directors are considered experienced (9.9 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 23:00 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Kirby Corporation is covered by 25 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kevin Sterling | Benchmark Company |
| Kenneth Hoexter | BofA Global Research |
| Gregory Lewis | BTIG |