Altech Batteries Management
Management criteria checks 2/4
Altech Batteries' CEO is Iggy Tan, appointed in Aug 2014, has a tenure of 10.5 years. total yearly compensation is A$1.15M, comprised of 40.3% salary and 59.7% bonuses, including company stock and options. directly owns 0.4% of the company’s shares, worth A$349.36K. The average tenure of the management team and the board of directors is 2.5 years and 10.5 years respectively.
Key information
Iggy Tan
Chief executive officer
AU$1.1m
Total compensation
| CEO salary percentage | 40.3% |
| CEO tenure | 10.5yrs |
| CEO ownership | 0.4% |
| Management average tenure | 2.5yrs |
| Board average tenure | 10.5yrs |
Recent management updates
Recent updates
We're Hopeful That Altech Chemicals (ASX:ATC) Will Use Its Cash Wisely
Feb 16
We Think Altech Chemicals (ASX:ATC) Can Afford To Drive Business Growth
Oct 31Companies Like Altech Chemicals (ASX:ATC) Can Afford To Invest In Growth
Jul 05Altech Chemicals (ASX:ATC) Might Have The Makings Of A Multi-Bagger
Jul 06Robust Earnings May Not Tell The Whole Story For Altech Chemicals (ASX:ATC)
Mar 22Can Mixed Fundamentals Have A Negative Impact on Altech Chemicals Limited (ASX:ATC) Current Share Price Momentum?
Mar 19Have Insiders Been Selling Altech Chemicals Limited (ASX:ATC) Shares?
Dec 17
CEO Compensation Analysis
| 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$5m |
Compensation vs Market: Iggy's total compensation ($USD719.90K) is above average for companies of similar size in the Australian market ($USD282.99K).
Compensation vs Earnings: Iggy's compensation has increased whilst the company is unprofitable.
CEO
Iggy Tan (61 yo)
10.5yrs
Tenure
AU$1,149,890
Compensation
Mr. Ignatius Kim-Seng Tan, also known as Iggy, BSc, MBA, GAICD served as the Member of Management Board and CEO of Altech Advanced Materials AG since July 17, 2019 until December 31, 2024 and served as its...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 10.5yrs | AU$1.15m | 0.40% A$ 349.4k | |
| CFO & Company Secretary | 3.3yrs | AU$623.35k | no data | |
| Chief Operating Officer | 1.8yrs | no data | no data | |
| Chief Technology Officer | no data | no data | no data | |
| Group Financial Controller | 1.8yrs | no data | no data |
2.5yrs
Average Tenure
Experienced Management: ATC's management team is considered experienced (2.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 10.5yrs | AU$1.15m | 0.40% A$ 349.4k | |
| Independent Non-Executive Director | 4.5yrs | AU$176.31k | no data | |
| Non-Executive Director | 9.3yrs | AU$176.31k | 0% A$ 0 | |
| Independent Non-Executive Director | 12.7yrs | AU$176.31k | 0.19% A$ 166.1k | |
| Alternate Non-Executive Director | 9.3yrs | AU$520.78k | 0.050% A$ 44.0k | |
| Non-Executive Chairman | 17.8yrs | AU$214.09k | 0.57% A$ 503.8k | |
| Non-Executive Director | 15.4yrs | AU$176.31k | 0.29% A$ 255.6k |
10.5yrs
Average Tenure
61yo
Average Age
Experienced Board: ATC's board of directors are seasoned and experienced ( 10.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/05 10:28 |
| End of Day Share Price | 2025/02/05 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Altech Batteries Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Independent Investment Research (Aust.) Pty Ltd |