InvoCare Management
Management criteria checks 2/4
InvoCare's CEO is Olivier Chretien, appointed in Jan 2021, has a tenure of 2.83 years. total yearly compensation is A$2.50M, comprised of 44.6% salary and 55.4% bonuses, including company stock and options. directly owns 0.043% of the company’s shares, worth A$776.95K. The average tenure of the management team and the board of directors is 4.7 years and 5.1 years respectively.
Key information
Olivier Chretien
Chief executive officer
AU$2.5m
Total compensation
| CEO salary percentage | 44.6% |
| CEO tenure | 2.8yrs |
| CEO ownership | 0.04% |
| Management average tenure | 4.7yrs |
| Board average tenure | 5.1yrs |
Recent management updates
Recent updates
Here's Why InvoCare (ASX:IVC) Has A Meaningful Debt Burden
Apr 24
InvoCare (ASX:IVC) Will Be Hoping To Turn Its Returns On Capital Around
Feb 27InvoCare Limited's (ASX:IVC) Intrinsic Value Is Potentially 55% Above Its Share Price
Nov 02Does InvoCare (ASX:IVC) Have A Healthy Balance Sheet?
Sep 02Be Wary Of InvoCare (ASX:IVC) And Its Returns On Capital
May 23InvoCare (ASX:IVC) Takes On Some Risk With Its Use Of Debt
Mar 07InvoCare (ASX:IVC) Will Want To Turn Around Its Return Trends
Jan 06InvoCare Limited (ASX:IVC) Shares Could Be 24% Below Their Intrinsic Value Estimate
Nov 04Is InvoCare (ASX:IVC) A Risky Investment?
Sep 20There Are Reasons To Feel Uneasy About InvoCare's (ASX:IVC) Returns On Capital
Aug 30Is There An Opportunity With InvoCare Limited's (ASX:IVC) 23% Undervaluation?
Jul 06When Should You Buy InvoCare Limited (ASX:IVC)?
May 11InvoCare (ASX:IVC) Might Be Having Difficulty Using Its Capital Effectively
Apr 18Calculating The Fair Value Of InvoCare Limited (ASX:IVC)
Mar 14InvoCare's (ASX:IVC) Stock Price Has Reduced 21% In The Past Three Years
Feb 16Should You Use InvoCare's (ASX:IVC) Statutory Earnings To Analyse It?
Jan 29
How Does InvoCare Limited (ASX:IVC) Fare As A Dividend Stock?
Jan 11Is InvoCare (ASX:IVC) A Risky Investment?
Dec 24InvoCare Limited's (ASX:IVC) Has Been On A Rise But Financial Prospects Look Weak: Is The Stock Overpriced?
Dec 09Calculating The Fair Value Of InvoCare Limited (ASX:IVC)
Nov 23CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2023 | n/a | n/a | -AU$38m |
| Mar 31 2023 | n/a | n/a | -AU$20m |
| Dec 31 2022 | AU$2m | AU$1m | -AU$2m |
| Sep 30 2022 | n/a | n/a | AU$67m |
| Jun 30 2022 | n/a | n/a | AU$78m |
| Mar 31 2022 | n/a | n/a | AU$79m |
| Dec 31 2021 | AU$2m | AU$1m | AU$80m |
Compensation vs Market: Olivier's total compensation ($USD1.61M) is above average for companies of similar size in the Australian market ($USD1.03M).
Compensation vs Earnings: Olivier's compensation has increased whilst the company is unprofitable.
CEO
Olivier Chretien (56 yo)
2.8yrs
Tenure
AU$2,497,884
Compensation
Mr. Olivier J. Chretien, MBA MEng GAICD, serves as Chief Executive Officer and Managing Director at InvoCare Limited since January 1, 2021 and serves as its Director since January 4, 2021. He was Group Chi...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 2.8yrs | AU$2.50m | 0.043% A$ 776.9k | |
| Chief Financial Officer | 3.3yrs | AU$1.67m | 0.019% A$ 337.7k | |
| Company Secretary & Corporate Counsel | 4.7yrs | no data | no data | |
| Group Executive of Human Resources | 6.1yrs | no data | no data | |
| Advisor | 4.7yrs | no data | no data | |
| Chairman of New Zealand | 12.4yrs | no data | no data | |
| Chief Customer Officer | 3.2yrs | no data | no data | |
| Executive General Manager of Health | no data | no data | no data |
4.7yrs
Average Tenure
Experienced Management: IVC's management team is considered experienced (4.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 2.8yrs | AU$2.50m | 0.043% A$ 776.9k | |
| Chairman of New Zealand | 12.4yrs | no data | no data | |
| Independent Non-Executive Director | 11.8yrs | AU$142.84k | 0.084% A$ 1.5m | |
| Independent Non-Executive Chairman | 6.1yrs | AU$285.69k | 0.014% A$ 245.2k | |
| Independent Non-Executive Director | 2.5yrs | AU$154.40k | 0.011% A$ 194.8k | |
| Independent Non-Executive Director | 5.2yrs | AU$154.40k | 0.0056% A$ 101.0k | |
| Independent Non-Executive Director | 5.1yrs | AU$142.84k | no data | |
| Independent Non-Executive Director | 2yrs | AU$142.84k | 0.0044% A$ 79.8k |
5.1yrs
Average Tenure
65yo
Average Age
Experienced Board: IVC's board of directors are considered experienced (5.1 years average tenure).