Wednesday, August 28, 2019

Richardson, Texas -Based Lennox Intl Inc's Top-Tier Executives Average Pay Raise Was a Moderate 5.4% Per Year During the Past Ten Years (2009-2018)

The third Democratic 2020 Presidential candidate televised debate will be held in Houston, Texas on September 12 and 13, 2019.  Texas is also the home state of Julian Castro and Beto O'Rourke, who have both gained significant momentum in the past month.

The key issue to Texas citizens should be the huge and continuing Income Inequality Expansion which is at the core of many critical problems the US faces.

Thus I will be doing research and making posts on the average pay raise per year that the Top-Tier Executives of Texas Companies were rewarded with in the past ten years.  And I'll start with the large Texas Non-Oil & Gas Companies. 

The 39th Texas Non-Oil & Gas Company I am addressing here is Lennox Intl Inc.

From annual compensation information contained in Company Proxy Statement filings with the US SEC, the chart at the bottom below shows Lennox Intl's Top-Tier Executives Annual Total Compensation for each of two consecutive substantially full years of employment for the past ten years.
  
Lennox Intl's Top-Tier Executives Average Pay Raise was a moderate 5.4%
 per year for the past ten years, which is the very lowest of the 39 large Texas Non-Oil & Gas Companies I have addressed so far.
  1. Copart +183.2% per year for the past ten years
  2. Q2 Holdings +180.3% per year for the past five years
  3. SolarWinds +114.4% per year for seven of the past ten years
  4. Nexstar Media Group +102.9% per year for the past ten years
  5. Reata Pharmaceuticals +99.5% per year for the past four years
  6. American Airlines Group +85.9% per year for nine of the past ten years
  7. Helen of Troy +84.4% per year for the past ten years
  8. Invitation Homes +78.6% per year for the past two years
  9. Tyler Technologies +61.2% per year for the past ten years
  10. Wingstop +54.2% per year for the past four years
  11. Vistra Energy +50.6% in the past year 
  12. Rackspace Holdings +50.2% per year for seven of the past ten years
  13. LyondellBasell +45.9% per year for the past eight years
  14. RealPage +29.2% per year for the past nine years
  15. Celanese +27.8% per year for the last ten years
  16. National Instruments +25.5% per year for the last ten years
  17. Yum China Holdings +23.8% per year for the past 5 years
  18. D R Horton +20.1% per year for the past ten years
  19. Dell Technologies +18.8% per year for seven of the past ten years
  20. Sysco +18.7% per year for the past ten years
  21. Waste Connections +18.1% per year for the past ten years
  22. Cirrus Logic +18.0% per year for the past ten years
  23. Southwest Airlines +18.0% per year for the past ten years
  24. Sabre Corp +17.7% per year for the past five years
  25. Huntsman Corp +17.3% per year for the past ten years
  26. Westlake Chemical +16.1% per year for the past ten years
  27. El Paso Electric Co +15.5% per year for the past ten years
  28. American Campus Communities REIT +15.4% per year for the past ten years
  29. Atmos Energy +14.4% per year for the past ten years
  30. AT&T +13.8% per year for the past ten years
  31. Waste Management +13.2% per year for the past ten years
  32. Match Group +12.2% per year for the past six years
  33. Jacobs Engineering Group +8.7% per year for the past ten years
  34. Texas Instruments +7.2% per year for the past ten years
  35. Cullen/Frost Bankers +6.9% per year for the past ten years
  36. Crown Castle International +6.3% per year for the past ten years
  37. Kimberly-Clark +5.8% per year for the past ten years
  38. CenterPoint Energy +5.8% per year for the past ten years
  39. Lennox international +5.4% per year for the past ten years


FYE FYE FYE FYE FYE FYE FYE FYE FYE FYE
  Dec Dec Dec Dec Dec Dec Dec Dec Dec Dec
Lennox International 2018 2017 2017 2016 2016 2015 2015 2014 2014 2013
Top-Tier Total Total Total Total Total Total Total Total Total Total
Executive Comp Comp Comp Comp Comp Comp Comp Comp Comp Comp
$ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s
Bluedorn CEO       7,541     11,455     11,455     10,006     10,006       7,463       7,463       9,288       9,288       7,983
Reitmeier CFO       2,153       2,540       2,540       2,418       2,418       1,863       1,863       2,089       2,089       1,912
Young COO       2,203       3,556       3,556       2,749       2,749       2,145       2,145       3,523       3,523       2,272
Sessa Human Resources Officer       1,897       2,952       2,952       2,574       2,574       2,005       2,005       2,483       2,483       2,147
Torres Chief Legal Officer       2,015       2,852       2,343       2,190
Moon COO       3,332       2,597       2,597       2,063    
 Totals      15,809     23,355     23,835     20,344     20,344     15,539     13,476     17,383     19,726     16,504
Annual % Change vs Prior Year -32.3% 17.2% 30.9% -22.5% 19.5%
5 Year Average Per Year % Change 2.6%
FYE FYE FYE FYE FYE FYE FYE FYE FYE FYE
Dec Dec Dec Dec Dec Dec Dec Dec Dec Dec
Lennox International 2013 2012 2012 2011 2011 2010 2010 2009 2009 2008
Top-Tier Total Total Total Total Total Total Total Total Total Total
Executive Comp Comp Comp Comp Comp Comp Comp Comp Comp Comp
$ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s
Bluedorn CEO       7,983       7,901       7,901       5,675       5,675       6,916       6,916       5,232       5,232       5,787
Reitmeier CFO       1,912       1,304
Young COO       2,272       2,850       2,850       1,909       1,909       2,191       2,191       1,778       1,778       1,756
Sessa Human Resources Officer       2,147       2,211       2,211       1,601       1,601       1,893       1,893       1,547       1,547       1,879
Torres Chief Legal Officer  N/A   N/A 
Moon COO       2,199       1,798
Hau Former CFO  N/A   N/A        1,854       2,366  N/A   N/A     
Bizios COO       1,853       1,942
Boxer Former COO  N/A   N/A        2,054       2,301
Carter Former CFO  N/A   N/A 
 Totals      14,314     14,266     15,161     10,983     12,892     15,308     11,000       8,557     10,611     11,723
Annual % Change vs Prior Year 0.3% 38.0% -15.8% 28.5% -9.5%
5 Year Average Per Year % Change 8.3%
10 Year Average Per Year % Change 5.4%