Gates Industrial Management
Management criteria checks 3/4
Gates Industrial's CEO is Ivo Jurek, appointed in May 2015, has a tenure of 9.08 years. total yearly compensation is $9.71M, comprised of 11.7% salary and 88.3% bonuses, including company stock and options. directly owns 0.27% of the company’s shares, worth $12.33M. The average tenure of the management team and the board of directors is 3.7 years and 4.2 years respectively.
Key information
Ivo Jurek
Chief executive officer
US$9.7m
Total compensation
| CEO salary percentage | 11.7% |
| CEO tenure | 9.1yrs |
| CEO ownership | 0.3% |
| Management average tenure | 3.7yrs |
| Board average tenure | 4.2yrs |
Recent management updates
Recent updates
Does Gates Industrial (NYSE:GTES) Deserve A Spot On Your Watchlist?
May 01
Gates Industrial Corporation plc's (NYSE:GTES) Intrinsic Value Is Potentially 95% Above Its Share Price
Apr 16Market Participants Recognise Gates Industrial Corporation plc's (NYSE:GTES) Earnings
Mar 28Gates Industrial: Improving Profitability Outlook Finally Driving The Stock Forward
Mar 22Is Now An Opportune Moment To Examine Gates Industrial Corporation plc (NYSE:GTES)?
Feb 08Do Gates Industrial's (NYSE:GTES) Earnings Warrant Your Attention?
Jan 04The Market Doesn't Like What It Sees From Gates Industrial Corporation plc's (NYSE:GTES) Earnings Yet
Dec 18Gates Industrial (NYSE:GTES) Has A Somewhat Strained Balance Sheet
Dec 02Should You Think About Buying Gates Industrial Corporation plc (NYSE:GTES) Now?
Nov 03Gates Industrial: Encouraging Q3 Report Needed To Finally Create A Floor For The Stock
Nov 02Is Gates Industrial Corporation plc (NYSE:GTES) Trading At A 41% Discount?
Oct 03Here's Why Gates Industrial (NYSE:GTES) Has Caught The Eye Of Investors
Aug 24Gates Industrial Corporation: Breaking Records And Driving Growth
Aug 14Is There Now An Opportunity In Gates Industrial Corporation plc (NYSE:GTES)?
Aug 02Is Gates Industrial Corporation plc (NYSE:GTES) Trading At A 28% Discount?
Jun 16These 4 Measures Indicate That Gates Industrial (NYSE:GTES) Is Using Debt Extensively
May 01Returns On Capital At Gates Industrial (NYSE:GTES) Have Stalled
Mar 28Calculating The Intrinsic Value Of Gates Industrial Corporation plc (NYSE:GTES)
Feb 22Gates Industrial Corp.: A 'Power' Prospect For Your Portfolio
Feb 17Gates Industrial Non-GAAP EPS of $0.25 beats by $0.02, revenue of $893.3M beats by $44.17M
Feb 09Does Gates Industrial (NYSE:GTES) Have A Healthy Balance Sheet?
Jan 21At US$12.01, Is Gates Industrial Corporation plc (NYSE:GTES) Worth Looking At Closely?
Jan 06Gates Industrial (NYSE:GTES) Has Some Way To Go To Become A Multi-Bagger
Dec 22Are Investors Undervaluing Gates Industrial Corporation plc (NYSE:GTES) By 37%?
Nov 21Gates Industrial Non-GAAP EPS of $0.31 in-line, revenue of $860.7M misses by $35.67M
Nov 04CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 30 2024 | n/a | n/a | US$247m |
| Dec 30 2023 | US$10m | US$1m | US$234m |
| Sep 30 2023 | n/a | n/a | US$256m |
| Jul 01 2023 | n/a | n/a | US$229m |
| Apr 01 2023 | n/a | n/a | US$217m |
| Dec 31 2022 | US$14m | US$1m | US$221m |
| Oct 01 2022 | n/a | n/a | US$199m |
| Jul 02 2022 | n/a | n/a | US$218m |
| Apr 02 2022 | n/a | n/a | US$261m |
| Jan 01 2022 | US$9m | US$1m | US$297m |
| Oct 02 2021 | n/a | n/a | US$259m |
| Jul 03 2021 | n/a | n/a | US$230m |
| Apr 03 2021 | n/a | n/a | US$112m |
| Jan 02 2021 | US$8m | US$1m | US$80m |
| Sep 26 2020 | n/a | n/a | US$75m |
| Jun 27 2020 | n/a | n/a | US$68m |
| Mar 28 2020 | n/a | n/a | US$112m |
| Dec 28 2019 | US$10m | US$990k | US$691m |
| Sep 28 2019 | n/a | n/a | US$747m |
| Jun 29 2019 | n/a | n/a | US$771m |
| Mar 30 2019 | n/a | n/a | US$836m |
| Dec 29 2018 | US$3m | US$943k | US$246m |
| Sep 29 2018 | n/a | n/a | US$289m |
| Jun 30 2018 | n/a | n/a | US$242m |
| Mar 31 2018 | n/a | n/a | US$156m |
| Dec 30 2017 | US$4m | US$900k | US$151m |
Compensation vs Market: Ivo's total compensation ($USD9.71M) is above average for companies of similar size in the US market ($USD6.70M).
Compensation vs Earnings: Ivo's compensation has been consistent with company performance over the past year.
CEO
Ivo Jurek (59 yo)
9.1yrs
Tenure
US$9,711,014
Compensation
Mr. Ivo Jurek serves as a Director of Gates Industrial Corporation plc since September 2017 and serves as its Chief Executive Officer and has served as Chief Executive Officer and a Director of Gates entit...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 9.1yrs | US$9.71m | 0.27% $ 12.3m | |
| Executive VP & CFO | 4.3yrs | US$3.07m | 0.039% $ 1.8m | |
| Executive VP | 3.7yrs | US$1.93m | 0.019% $ 870.1k | |
| Executive VP & Chief Human Resources Officer | 3yrs | US$1.65m | 0.013% $ 597.4k | |
| Senior VP and President of APAC & Global Strategy | no data | US$2.21m | 0.032% $ 1.5m | |
| Senior VP & Chief Information Officer | 3.1yrs | no data | no data | |
| Vice President of Investor Relations | no data | no data | no data | |
| President | 4.1yrs | no data | no data | |
| Senior Vice President of Operational Excellence | 2.4yrs | no data | no data | |
| President of Americas | less than a year | no data | no data | |
| Senior VP & Corporate Controller | 11.7yrs | no data | no data |
3.7yrs
Average Tenure
56.5yo
Average Age
Experienced Management: GTES's management team is considered experienced (3.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 6.8yrs | US$9.71m | 0.27% $ 12.3m | |
| Independent Chairman of Board | 6.6yrs | no data | 0.38% $ 17.4m | |
| Independent Director | 1.4yrs | no data | no data | |
| Independent Director | 4.2yrs | US$249.99k | 0.041% $ 1.9m | |
| Independent Director | 1.7yrs | US$259.99k | 0.043% $ 2.0m | |
| Independent Director | 5.6yrs | US$234.99k | 0.018% $ 840.5k | |
| Independent Director | 3.9yrs | US$234.99k | 0.015% $ 670.7k | |
| Independent Director | 5.3yrs | US$234.99k | 0.016% $ 730.8k | |
| Independent Director | 3.2yrs | US$234.99k | 0.0094% $ 428.9k |
4.2yrs
Average Tenure
58yo
Average Age
Experienced Board: GTES's board of directors are considered experienced (4.2 years average tenure).