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$69.81K. 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 percentage | 51.0% |
| CEO tenure | less than a year |
| CEO ownership | 1.2% |
| Management average tenure | 1.3yrs |
| Board average tenure | less than a year |
Recent management updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | AU$274k | AU$140k | -AU$3m |
Compensation vs Market: Freddy's total compensation ($USD181.07K) is below average for companies of similar size in the Australian market ($USD295.39K).
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, Acting CTO & Director | less than a year | AU$273.84k | 1.17% A$ 69.8k | |
| Head of Operations | no data | no data | no data | |
| Chief Marketing Officer | 4.3yrs | no data | no data | |
| Company Secretary | 1.3yrs | no data | no 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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, Acting CTO & Director | less than a year | AU$273.84k | 1.17% A$ 69.8k | |
| Energy Advisory Board Member | 3.9yrs | no data | no data | |
| Strategic & Business Development Advisory Board Member for Energy | 3.8yrs | no data | no data | |
| Non-Executive Chairman | less than a year | AU$43.95k | 0.34% A$ 20.0k | |
| Independent Non-Executive Director | less than a year | AU$41.20k | 0.84% A$ 50.0k |
1.0yrs
Average Tenure
Experienced Board: NVQ's board of directors are not considered experienced ( 1 years average tenure), which suggests a new board.