NoviqTech Management

Management criteria checks 1/4

NoviqTech's CEO is Freddy El Turk, appointed in Jun 2023, has a tenure of less than a year. total yearly compensation is A$273.84K, comprised of 51% salary and 49% bonuses, including company stock and options. directly owns 1.17% of the company’s shares, worth A$61.08K. The average tenure of the management team and the board of directors is 1.3 years and 1 years respectively.

Key information

Freddy El Turk

Chief executive officer

AU$273.8k

Total compensation

CEO salary percentage51.0%
CEO tenureless than a year
CEO ownership1.2%
Management average tenure1.3yrs
Board average tenureless than a year

Recent management updates

Recent updates

How Many Tymlez Group Limited (ASX:TYM) Shares Did Insiders Buy, In The Last Year?

Dec 30
How Many Tymlez Group Limited (ASX:TYM) Shares Did Insiders Buy, In The Last Year?

CEO Compensation Analysis

How has Freddy El Turk's remuneration changed compared to NoviqTech's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023AU$274kAU$140k

-AU$3m

Compensation vs Market: Freddy's total compensation ($USD181.73K) is below average for companies of similar size in the Australian market ($USD296.91K).

Compensation vs Earnings: Insufficient data to compare Freddy's compensation with company performance.


CEO

Freddy El Turk

less than a year

Tenure

AU$273,844

Compensation

Mr. Fady El Turk, also known as Freddy, served as Non-Executive Director of NoviqTech Limited (formerly known as Tymlez Group Limited) from May 29, 2023 to June 29, 2023 and serves as its Chief Executive O...


Leadership Team

NamePositionTenureCompensationOwnership
Fady El Turk
CEO, Acting CTO & Directorless than a yearAU$273.84k1.17%
A$ 61.1k
Eoin Flynn
Head of Operationsno datano datano data
Nevlynn Janssen
Chief Marketing Officer4.3yrsno datano data
Jonathan Hart
Company Secretary1.3yrsno datano data

1.3yrs

Average Tenure

Experienced Management: NVQ's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Fady El Turk
CEO, Acting CTO & Directorless than a yearAU$273.84k1.17%
A$ 61.1k
Magnus Olofsson
Energy Advisory Board Member3.9yrsno datano data
Cornelius Ryan
Strategic & Business Development Advisory Board Member for Energy3.8yrsno datano data
Raffaele Marcellino
Non-Executive Chairmanless than a yearAU$43.95k0.34%
A$ 17.5k
Darren Scott
Independent Non-Executive Directorless than a yearAU$41.20k0.84%
A$ 43.8k

1.0yrs

Average Tenure

Experienced Board: NVQ's board of directors are not considered experienced ( 1 years average tenure), which suggests a new board.


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