Spire Management
Management criteria checks 3/4
Spire's CEO is Steve Lindsey, appointed in Oct 2023, has a tenure of 1.08 years. total yearly compensation is $2.09M, comprised of 27.1% salary and 72.9% bonuses, including company stock and options. directly owns 0.092% of the company’s shares, worth $3.65M. The average tenure of the management team and the board of directors is 1.8 years and 5.9 years respectively.
Key information
Steve Lindsey
Chief executive officer
US$2.1m
Total compensation
| CEO salary percentage | 27.1% |
| CEO tenure | 1.1yrs |
| CEO ownership | 0.09% |
| Management average tenure | 1.8yrs |
| Board average tenure | 5.9yrs |
Recent management updates
Recent updates
These 4 Measures Indicate That Spire (NYSE:SR) Is Using Debt In A Risky Way
Oct 22
Spire: The High-Yield Preferreds Are The Best Play For This Utility
Sep 19Risks To Shareholder Returns Are Elevated At These Prices For Spire Inc. (NYSE:SR)
Sep 12Spire (NYSE:SR) Has More To Do To Multiply In Value Going Forward
Aug 25Spire: A Good Utility To Play Defense
Jul 24Does Spire (NYSE:SR) Have A Healthy Balance Sheet?
Jul 12Calculating The Fair Value Of Spire Inc. (NYSE:SR)
Jun 28We Think That There Are More Issues For Spire (NYSE:SR) Than Just Sluggish Earnings
May 08Are Investors Undervaluing Spire Inc. (NYSE:SR) By 26%?
Mar 04Need To Know: Analysts Are Much More Bullish On Spire Inc. (NYSE:SR) Revenues
Feb 02Spire Inc.: Valuation And Yield Are Too Good To Pass On Here
Jan 22Spire (NYSE:SR) Will Pay A Larger Dividend Than Last Year At $0.755
Dec 05Is Spire (NYSE:SR) A Risky Investment?
Dec 04Spire (NYSE:SR) Will Pay A Larger Dividend Than Last Year At $0.755
Nov 18Are Investors Undervaluing Spire Inc. (NYSE:SR) By 27%?
Nov 10Spire Inc.: Lower Utility Valuations Have Created An Attractive Entry Point
Oct 31The Returns At Spire (NYSE:SR) Aren't Growing
Oct 25Spire Inc.: Expensive And With A Lot Of Debt
Sep 30Here's Why Spire (NYSE:SR) Has Caught The Eye Of Investors
Sep 25Is Spire (NYSE:SR) A Risky Investment?
Aug 15An Intrinsic Calculation For Spire Inc. (NYSE:SR) Suggests It's 47% Undervalued
Jul 07Spire Inc: A 4.46%-Yielding Natural Gas Utility
Jun 06Spire (NYSE:SR) Has More To Do To Multiply In Value Going Forward
May 25Is Spire (NYSE:SR) A Risky Investment?
May 07An Intrinsic Calculation For Spire Inc. (NYSE:SR) Suggests It's 25% Undervalued
Mar 27Is Now The Time To Put Spire (NYSE:SR) On Your Watchlist?
Mar 09Investors Met With Slowing Returns on Capital At Spire (NYSE:SR)
Feb 06Spire Q1 2023 Earnings Preview
Jan 31Is Spire (NYSE:SR) A Risky Investment?
Jan 24Is Spire Inc. (NYSE:SR) Expensive For A Reason? A Look At Its Intrinsic Value
Dec 18CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$236m |
| Jun 30 2024 | n/a | n/a | US$231m |
| Mar 31 2024 | n/a | n/a | US$222m |
| Dec 31 2023 | n/a | n/a | US$197m |
| Sep 30 2023 | US$2m | US$567k | US$202m |
| Jun 30 2023 | n/a | n/a | US$226m |
| Mar 31 2023 | n/a | n/a | US$246m |
| Dec 31 2022 | n/a | n/a | US$241m |
| Sep 30 2022 | US$2m | US$568k | US$206m |
| Jun 30 2022 | n/a | n/a | US$203m |
| Mar 31 2022 | n/a | n/a | US$210m |
| Dec 31 2021 | n/a | n/a | US$223m |
| Sep 30 2021 | US$2m | US$537k | US$257m |
| Jun 30 2021 | n/a | n/a | US$247m |
| Mar 31 2021 | n/a | n/a | US$149m |
| Dec 31 2020 | n/a | n/a | US$96m |
| Sep 30 2020 | US$2m | US$531k | US$74m |
| Jun 30 2020 | n/a | n/a | US$59m |
| Mar 31 2020 | n/a | n/a | US$150m |
| Dec 31 2019 | n/a | n/a | US$175m |
| Sep 30 2019 | US$2m | US$472k | US$179m |
| Jun 30 2019 | n/a | n/a | US$191m |
| Mar 31 2019 | n/a | n/a | US$221m |
| Dec 31 2018 | n/a | n/a | US$165m |
| Sep 30 2018 | US$1m | US$438k | US$214m |
Compensation vs Market: Steve's total compensation ($USD2.09M) is below average for companies of similar size in the US market ($USD6.57M).
Compensation vs Earnings: Steve's compensation has been consistent with company performance over the past year.
CEO
Steve Lindsey (58 yo)
1.1yrs
Tenure
US$2,089,765
Compensation
Mr. Steven L. Lindsey, also known as Steve, served as Executive Vice President and Chief Operating Officer at Spire Alabama Inc and serves as its Chief Executive Officer & Director. He has been Chief Execu...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 1.1yrs | US$2.09m | 0.092% $ 3.7m | |
| Executive VP & CFO | 11yrs | US$1.58m | 0.074% $ 2.9m | |
| Executive VP & COO | less than a year | no data | 0.0059% $ 233.8k | |
| Controller & Chief Accounting Officer | no data | no data | no data | |
| Chief Information Officer & VP of Information Technology Services | 10.6yrs | no data | 0.026% $ 1.0m | |
| VP, Chief Administrative Officer & Corporate Secretary | less than a year | no data | 0.0044% $ 175.0k | |
| Managing Director of Investor Relations | 1.8yrs | no data | no data | |
| VP & Chief Legal Officer | 1.8yrs | no data | 0.0029% $ 114.9k | |
| Senior VP and Chief Communications & Marketing Officer | no data | no data | no data | |
| VP & Chief Human Resources Officer | no data | no data | 0.022% $ 883.2k | |
| President of Spire Storage & Spire STL Pipeline | 5.1yrs | no data | no data | |
| Head of Environmental Commitment | 3.8yrs | no data | no data |
1.8yrs
Average Tenure
58yo
Average Age
Experienced Management: SR's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 1.1yrs | US$2.09m | 0.092% $ 3.7m | |
| Independent Director | 19.8yrs | US$220.19k | 0.030% $ 1.2m | |
| Independent Director | 10.8yrs | US$253.13k | 0.028% $ 1.1m | |
| Independent Director | 1.3yrs | US$20.16k | 0.015% $ 586.6k | |
| Independent Director | 3yrs | US$220.19k | 0.0032% $ 125.6k | |
| Independent Director | 10.3yrs | US$245.19k | 0.021% $ 817.3k | |
| Independent Director | 17.8yrs | US$243.12k | 0.051% $ 2.0m | |
| Independent Chairman | 8.8yrs | US$233.19k | 0.026% $ 1.0m | |
| Director | less than a year | no data | no data | |
| Independent Director | 1.3yrs | US$20.16k | 0.0037% $ 146.9k |
5.9yrs
Average Tenure
65yo
Average Age
Experienced Board: SR's board of directors are considered experienced (5.9 years average tenure).