Altech Batteries Management

Management criteria checks 2/4

Altech Batteries' CEO is Iggy Tan, appointed in Aug 2014, has a tenure of 10.33 years. total yearly compensation is A$1.15M, comprised of 40.3% salary and 59.7% bonuses, including company stock and options. directly owns 0.41% of the company’s shares, worth A$357.30K. The average tenure of the management team and the board of directors is 2.3 years and 10.3 years respectively.

Key information

Iggy Tan

Chief executive officer

AU$1.1m

Total compensation

CEO salary percentage	40.3%
CEO tenure	10.3yrs
CEO ownership	0.4%
Management average tenure	2.3yrs
Board average tenure	10.3yrs

Recent management updates

Recent updates

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

Mar 19

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

Dec 17

CEO Compensation Analysis

How has Iggy Tan's remuneration changed compared to Altech Batteries's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	AU$1m	AU$464k	-AU$28m
Mar 31 2024	n/a	n/a	-AU$51m
Dec 31 2023	n/a	n/a	-AU$74m
Sep 30 2023	n/a	n/a	-AU$67m
Jun 30 2023	AU$1m	AU$446k	-AU$60m
Mar 31 2023	n/a	n/a	-AU$32m
Dec 31 2022	n/a	n/a	-AU$4m
Sep 30 2022	n/a	n/a	-AU$5m
Jun 30 2022	AU$947k	AU$435k	-AU$6m
Mar 31 2022	n/a	n/a	-AU$6m
Dec 31 2021	n/a	n/a	-AU$6m
Sep 30 2021	n/a	n/a	-AU$2m
Jun 30 2021	AU$566k	AU$435k	AU$2m
Mar 31 2021	n/a	n/a	AU$3m
Dec 31 2020	n/a	n/a	AU$3m
Sep 30 2020	n/a	n/a	-AU$364k
Jun 30 2020	AU$649k	AU$412k	-AU$4m
Mar 31 2020	n/a	n/a	-AU$4m
Dec 31 2019	n/a	n/a	-AU$4m
Sep 30 2019	n/a	n/a	-AU$5m
Jun 30 2019	AU$2m	AU$395k	-AU$6m
Mar 31 2019	n/a	n/a	-AU$6m
Dec 31 2018	n/a	n/a	-AU$7m
Sep 30 2018	n/a	n/a	-AU$6m
Jun 30 2018	AU$921k	AU$366k	-AU$5m

Compensation vs Market: Iggy's total compensation ($USD730.97K) is above average for companies of similar size in the Australian market ($USD294.77K).

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

CEO

Iggy Tan (61 yo)

10.3yrs

Tenure

AU$1,149,890

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

Name	Position	Tenure	Compensation	Ownership
Ignatius Tan	MD, CEO & Director	10.3yrs	AU$1.15m	0.41% A$ 357.3k
Martin Stein	CFO & Company Secretary	3.1yrs	AU$623.35k	no data
Carsten Baumeister	Chief Operating Officer	1.6yrs	no data	no data
Jingyuan Liu	Chief Technology Officer	no data	no data	no data
Lydia Toh	Group Financial Controller	1.6yrs	no data	no data

2.3yrs

Average Tenure

Experienced Management: ATC's management team is considered experienced (2.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Ignatius Tan	MD, CEO & Director	10.3yrs	AU$1.15m	0.41% A$ 357.3k
Hansjoerg Plaggemars	Independent Non-Executive Director	4.3yrs	AU$176.31k	no data
Yaacob Khyra	Non-Executive Director	9.2yrs	AU$176.31k	0% A$ 0
Peter Bailey	Independent Non-Executive Director	12.5yrs	AU$176.31k	0.19% A$ 169.9k
Uwe Ahrens	Alternate Non-Executive Director	9.2yrs	AU$520.78k	0.052% A$ 45.0k
Luke Atkins	Non-Executive Chairman	17.6yrs	AU$214.09k	0.59% A$ 515.3k
Daniel Tenardi	Non-Executive Director	15.3yrs	AU$176.31k	0.30% A$ 261.4k

10.3yrs

Average Tenure

61yo

Average Age

Experienced Board: ATC's board of directors are seasoned and experienced ( 10.3 years average tenure).

Altech Batteries Management

Management criteria checks 2/4

Key information

Recent management updates

Altech Batteries Limited, Annual General Meeting, Nov 26, 2024

Non-Executive Director recently sold AU$614k worth of stock

Less than half of directors are independent

Less than half of directors are independent

Altech Chemicals Limited Announces Resignation of Shane Volk as Joint Company Secretary, Effect 19 October 2022

Altech Chemicals Limited, Annual General Meeting, Nov 30, 2022

Recent updates

Altech Batteries Limited has completed a Follow-on Equity Offering in the amount of AUD 4 million.

Altech Batteries Limited has filed a Follow-on Equity Offering in the amount of AUD 4 million.

Altech Batteries Limited, Annual General Meeting, Nov 26, 2024

New minor risk - Share price stability

New minor risk - Financial data availability

Altech Batteries Limited has completed a Follow-on Equity Offering in the amount of AUD 0.405 million.

Altech Batteries Limited has filed a Follow-on Equity Offering in the amount of AUD 8.55286 million.

Altech Batteries Limited has filed a Follow-on Equity Offering in the amount of AUD 5 million.

New minor risk - Financial data availability

New minor risk - Shareholder dilution

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

Altech Chemicals Limited Announces Update on its Silumina Anodes Pilot Plant Project in Saxony, Germany

Altech Chemicals Limited Provides an Update on Its CERENERGY Battery Joint Venture with Fraunhofer IKTS

Non-Executive Director recently sold AU$614k worth of stock

Less than half of directors are independent

Less than half of directors are independent

Altech Chemicals Limited Launches Cerenergy 60Kwh (Abs60) Battery Pack Design

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

Altech Chemicals Limited Announces Resignation of Shane Volk as Joint Company Secretary, Effect 19 October 2022

Altech Chemicals Limited, Annual General Meeting, Nov 30, 2022

Altech Chemicals Limited Provides an Update on Silumina Anodes Project in Saxony, Germany

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

Altech Chemicals Limited Announces Patent Protection for Silumina Anodes Technology

Less than half of directors are independent

Altech Chemicals Limited Announces Outstanding Results from Preliminary Feasibility Study for the Development of 10,000Tpa Silicon/Graphite Alumina Coating Plant, in Saxony, Germany

Altech Chemicals Limited Announces Significant Increase in Kaolin Resource At Kerrigan

Altech Chemicals Limited Launches Silumina Anodes for Silicon Graphite Anodes

Altech Chemicals Limited announced that it has received AUD 8.132 million in funding

Altech Chemicals Limited Provides an Update on the Pre-Feasibility Study (PFS) for the Construction of A Battery Materials High Purity Alumina (HPA) Coating Plant in Saxony, Germany

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

Altech Chemicals Limited Announces Patent Submission for Alumina Coating of Battery Materials

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?

Altech Chemicals Limited Announces Application of Its Alumina Nano Layer Coating Technology to the Coating of Silicon Particles, Typical of Those Used in Anode Applications Within Lithium-Ion Batteries

Altech Chemicals Limited Completes the First Phase of Battery Performance Testing of Graphite Particles Coated with High Purity Alumina

Altech Chemicals Limited Announces Commencement of Battery Performance Tests Using HPA Coated Graphite

Altech Advanced Materials AG (DB:AMA1) acquired 25% stake in Altech Industries Germany GmbH from Altech Chemicals Limited (ASX:ATC) for €5 million.

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

Altech Chemicals Limited Signs Collaboration Agreement with Silico Ferrosolar, S.L.U

Altech Commences Development of Anode Grade HPA Product

Altech Chemicals Limited Auditor Raises 'Going Concern' Doubt

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age