Titomic Management
Management criteria checks 3/4
Titomic's CEO is Herbert Koeck, appointed in Jul 2021, has a tenure of 2.83 years. total yearly compensation is A$812.71K, comprised of 56.1% salary and 43.9% bonuses, including company stock and options. directly owns 2.79% of the company’s shares, worth A$2.32M. The average tenure of the management team and the board of directors is 2.7 years and 3.9 years respectively.
Key information
Herbert Koeck
Chief executive officer
AU$812.7k
Total compensation
| CEO salary percentage | 56.1% |
| CEO tenure | 2.8yrs |
| CEO ownership | 2.8% |
| Management average tenure | 2.7yrs |
| Board average tenure | 3.9yrs |
Recent management updates
Recent updates
Is Titomic (ASX:TTT) In A Good Position To Deliver On Growth Plans?
Jun 03
Titomic's(ASX:TTT) Share Price Is Down 54% Over The Past Three Years.
Mar 02When Will Titomic Limited (ASX:TTT) Turn A Profit?
Feb 02
We're Hopeful That Titomic (ASX:TTT) Will Use Its Cash Wisely
Jan 05How Much Are Titomic Limited (ASX:TTT) Insiders Taking Off The Table?
Dec 08CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -AU$14m |
| Sep 30 2023 | n/a | n/a | -AU$15m |
| Jun 30 2023 | AU$813k | AU$456k | -AU$15m |
| Mar 31 2023 | n/a | n/a | -AU$16m |
| Dec 31 2022 | n/a | n/a | -AU$17m |
| Sep 30 2022 | n/a | n/a | -AU$17m |
| Jun 30 2022 | AU$2m | AU$476k | -AU$17m |
Compensation vs Market: Herbert's total compensation ($USD539.50K) is above average for companies of similar size in the Australian market ($USD296.63K).
Compensation vs Earnings: Herbert's compensation has been consistent with company performance over the past year.
CEO
Herbert Koeck (62 yo)
2.8yrs
Tenure
AU$812,710
Compensation
Mr. Herbert Koeck has been Managing Director of Titomic Limited since January 28, 2022 and served as its Managing Director since January 2022 until 2022 and served as Chief Executive Officer since July 1,...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Executive Director | 2.8yrs | AU$812.71k | 2.79% A$ 2.3m | |
| Chief Financial Officer | 2.5yrs | AU$279.88k | 0.010% A$ 8.3k | |
| Company Secretary & Legal Counsel | 2.2yrs | AU$209.78k | 0.014% A$ 11.5k | |
| Head Of Sales | no data | no data | no data | |
| Marketing Manager | no data | no data | no data | |
| Head of Human Resources | no data | no data | no data | |
| Chief Business Officer | 3.3yrs | no data | no data | |
| Chief Strategy Officer | no data | no data | no data | |
| Head of Engineering | no data | no data | no data |
2.7yrs
Average Tenure
Experienced Management: TTT's management team is considered experienced (2.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Executive Director | 2.3yrs | AU$812.71k | 2.79% A$ 2.3m | |
| Independent Non-Executive Director | 7yrs | AU$137.05k | 0.013% A$ 10.8k | |
| Independent Non-Executive Director | 3.9yrs | AU$122.86k | 0.023% A$ 19.4k | |
| Independent Non-Executive Director | 3.2yrs | AU$79.10k | 0.010% A$ 8.7k | |
| Independent Non-Executive Director | 3.9yrs | AU$243.21k | 0.036% A$ 29.7k | |
| Independent Chair | 3.9yrs | AU$122.86k | 3.28% A$ 2.7m |
3.9yrs
Average Tenure
Experienced Board: TTT's board of directors are considered experienced (3.9 years average tenure).