Spire Management
Management criteria checks 2/4
Spire's CEO is Steve Lindsey, appointed in Oct 2023, has a tenure of 1.33 years. total yearly compensation is $3.40M, comprised of 23.6% salary and 76.4% bonuses, including company stock and options. directly owns 0.094% of the company’s shares, worth $4.14M. The average tenure of the management team and the board of directors is 1.7 years and 6.1 years respectively.
Key information
Steve Lindsey
Chief executive officer
US$3.4m
Total compensation
| CEO salary percentage | 23.6% |
| CEO tenure | 1.3yrs |
| CEO ownership | 0.09% |
| Management average tenure | 1.7yrs |
| Board average tenure | 6.1yrs |
Recent management updates
Recent updates
Spire Inc.'s (NYSE:SR) Popularity With Investors Is Under Threat From Overpricing
Jan 20
Calculating The Intrinsic Value Of Spire Inc. (NYSE:SR)
Dec 18Spire's (NYSE:SR) Upcoming Dividend Will Be Larger Than Last Year's
Dec 02We Think That There Are Some Issues For Spire (NYSE:SR) Beyond Its Promising Earnings
Nov 28These 4 Measures Indicate That Spire (NYSE:SR) Is Using Debt In A Risky Way
Oct 22Spire: 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 07CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2024 | n/a | n/a | US$232m |
| Sep 30 2024 | US$3m | US$803k | 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$214m |
Compensation vs Market: Steve's total compensation ($USD3.40M) is below average for companies of similar size in the US market ($USD6.65M).
Compensation vs Earnings: Steve's compensation has increased by more than 20% in the past year.
CEO
Steve Lindsey (58 yo)
1.3yrs
Tenure
US$3,398,930
Compensation
Mr. Steven L. Lindsey, also known as Steve, has been Chief Executive Officer & Director of Spire Alabama Inc. and previously served as its Executive Vice President and Chief Operating Officer. He has been...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 1.3yrs | US$3.40m | 0.094% $ 4.1m | |
| Executive VP & COO | 1.1yrs | US$1.84m | 0.0059% $ 256.7k | |
| Senior VP | 10.8yrs | US$932.74k | 0.028% $ 1.2m | |
| Executive VP & CFO | less than a year | no data | 0.014% $ 615.0k | |
| Controller & Chief Accounting Officer | no data | no data | 0.012% $ 525.6k | |
| Senior VP | less than a year | no data | 0.0061% $ 266.7k | |
| Managing Director of Investor Relations | 2.1yrs | no data | no data | |
| Senior VP & Chief Legal Officer | 1.1yrs | no data | 0.0056% $ 243.1k | |
| Managing Director of Communications & Marketing | no data | no data | no data | |
| President of Spire Storage & Spire STL Pipeline | 5.3yrs | no data | no data | |
| Head of Environmental Commitment | 4yrs | no data | no data | |
| VP, Chief Governance Officer & Corporate Secretary | 12.8yrs | no data | no data |
1.7yrs
Average Tenure
48.5yo
Average Age
Experienced Management: SR's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 1.3yrs | US$3.40m | 0.094% $ 4.1m | |
| Independent Director | 20.1yrs | US$228.10k | 0.029% $ 1.3m | |
| Independent Director | 11yrs | US$258.98k | 0.031% $ 1.4m | |
| Independent Director | 1.6yrs | US$228.10k | 0.019% $ 850.2k | |
| Independent Director | 3.3yrs | US$228.10k | 0.0032% $ 138.0k | |
| Independent Director | 10.5yrs | US$254.40k | 0.023% $ 1.0m | |
| Independent Director | 18.1yrs | US$251.34k | 0.054% $ 2.4m | |
| Independent Chairman | 9yrs | US$348.10k | 0.028% $ 1.2m | |
| Director | less than a year | US$52.50k | no data | |
| Independent Director | 1.6yrs | US$228.10k | 0.0067% $ 292.6k |
6.1yrs
Average Tenure
65yo
Average Age
Experienced Board: SR's board of directors are considered experienced (6.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/22 12:49 |
| End of Day Share Price | 2025/02/21 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/09/30 |
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.
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 Github.
Analyst Sources
Spire Inc. is covered by 18 analysts. 10 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 |
|---|---|
| Ross Allen Fowler | BofA Global Research |
| Julien Dumoulin-Smith | BofA Global Research |
| Daniel Fidell | Brean Capital |