Altech Batteries Limited

ASX:ATC Stock Report

Market Cap: AU$104.2m

Altech Batteries Management

Management criteria checks 1/4

Altech Batteries' CEO is Iggy Tan, appointed in Aug 2014, has a tenure of 9.67 years. total yearly compensation is A$1.10M, comprised of 40.6% salary and 59.4% bonuses, including company stock and options. directly owns 0.48% of the company’s shares, worth A$500.22K. The average tenure of the management team and the board of directors is 1.7 years and 9.7 years respectively.

Key information

Iggy Tan

Chief executive officer

AU$1.1m

Total compensation

CEO salary percentage40.6%
CEO tenure9.7yrs
CEO ownership0.5%
Management average tenure1.7yrs
Board average tenure9.7yrs

Recent management updates

Recent updates

We're Hopeful That Altech Chemicals (ASX:ATC) Will Use Its Cash Wisely

Feb 16
We're Hopeful That Altech Chemicals (ASX:ATC) Will Use Its Cash Wisely

We Think Altech Chemicals (ASX:ATC) Can Afford To Drive Business Growth

Oct 31
We Think Altech Chemicals (ASX:ATC) Can Afford To Drive Business Growth

Companies Like Altech Chemicals (ASX:ATC) Can Afford To Invest In Growth

Jul 05
Companies Like Altech Chemicals (ASX:ATC) Can Afford To Invest In Growth

Altech Chemicals (ASX:ATC) Might Have The Makings Of A Multi-Bagger

Jul 06
Altech Chemicals (ASX:ATC) Might Have The Makings Of A Multi-Bagger

Robust Earnings May Not Tell The Whole Story For Altech Chemicals (ASX:ATC)

Mar 22
Robust Earnings May Not Tell The Whole Story For Altech Chemicals (ASX:ATC)

Can Mixed Fundamentals Have A Negative Impact on Altech Chemicals Limited (ASX:ATC) Current Share Price Momentum?

Mar 19
Can Mixed Fundamentals Have A Negative Impact on Altech Chemicals Limited (ASX:ATC) Current Share Price Momentum?

Have Insiders Been Selling Altech Chemicals Limited (ASX:ATC) Shares?

Dec 17
Have Insiders Been Selling Altech Chemicals Limited (ASX:ATC) Shares?

CEO Compensation Analysis

How has Iggy Tan's remuneration changed compared to Altech Batteries's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

-AU$74m

Sep 30 2023n/an/a

-AU$67m

Jun 30 2023AU$1mAU$446k

-AU$60m

Mar 31 2023n/an/a

-AU$32m

Dec 31 2022n/an/a

-AU$4m

Sep 30 2022n/an/a

-AU$5m

Jun 30 2022AU$947kAU$435k

-AU$6m

Mar 31 2022n/an/a

-AU$6m

Dec 31 2021n/an/a

-AU$6m

Sep 30 2021n/an/a

-AU$2m

Jun 30 2021AU$566kAU$435k

AU$2m

Mar 31 2021n/an/a

AU$3m

Dec 31 2020n/an/a

AU$3m

Sep 30 2020n/an/a

-AU$364k

Jun 30 2020AU$649kAU$412k

-AU$4m

Mar 31 2020n/an/a

-AU$4m

Dec 31 2019n/an/a

-AU$4m

Sep 30 2019n/an/a

-AU$5m

Jun 30 2019AU$2mAU$395k

-AU$6m

Mar 31 2019n/an/a

-AU$6m

Dec 31 2018n/an/a

-AU$7m

Sep 30 2018n/an/a

-AU$6m

Jun 30 2018AU$921kAU$366k

-AU$5m

Mar 31 2018n/an/a

-AU$4m

Dec 31 2017n/an/a

-AU$3m

Sep 30 2017n/an/a

-AU$4m

Jun 30 2017AU$489kAU$356k

-AU$4m

Compensation vs Market: Iggy's total compensation ($USD717.92K) is above average for companies of similar size in the Australian market ($USD295.26K).

Compensation vs Earnings: Iggy's compensation has increased whilst the company is unprofitable.

CEO

Iggy Tan (60 yo)

9.7yrs

Tenure

AU$1,098,784

Compensation

Mr. Ignatius Kim-Seng Tan, also known as Iggy, BSc, MBA, GAICD has been Member of Management Board and CEO of Altech Advanced Materials AG since July 17, 2019 and serves as its Managing Director and Chairm...

Leadership Team

NamePositionTenureCompensationOwnership
Ignatius Tan
MD, CEO & Director9.7yrsAU$1.10m0.48%
A$ 500.2k
Martin Stein
CFO & Company Secretary2.4yrsAU$433.95kno data
Carsten Baumeister
Chief Operating Officerless than a yearno datano data
Jingyuan Liu
Chief Technology Officerno datano datano data
Lydia Toh
Group Financial Controllerless than a yearno datano data

1.7yrs

Average Tenure

Experienced Management: ATC's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Ignatius Tan
MD, CEO & Director9.7yrsAU$1.10m0.48%
A$ 500.2k
Hansjorg Plaggemars
Independent Non-Executive Director3.7yrsAU$93.79kno data
Yaacob Khyra
Non-Executive Director8.5yrsAU$93.79k0%
A$ 0
Peter Bailey
Independent Non-Executive Director11.8yrsAU$93.79k0.23%
A$ 237.8k
Uwe Ahrens
Alternate Non-Executive Director8.5yrsAU$194.43k0.060%
A$ 63.0k
Luke Atkins
Non-Executive Chairman16.9yrsAU$129.64k0.67%
A$ 702.0k
Daniel Tenardi
Non-Executive Director14.6yrsAU$101.33k0.35%
A$ 366.0k

9.7yrs

Average Tenure

60yo

Average Age

Experienced Board: ATC's board of directors are considered experienced (9.7 years average tenure).

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