Tessenderlo Group Management
Management criteria checks 2/4
Tessenderlo Group's CEO is Luc Tack, appointed in Dec 2013, has a tenure of 10.42 years. directly owns 40.58% of the company’s shares, worth €824.35M. The average tenure of the management team and the board of directors is 0.4 years and 6.9 years respectively.
Key information
Luc Tack
Chief executive officer
€56.0k
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | 10.4yrs |
| CEO ownership | 40.6% |
| Management average tenure | less than a year |
| Board average tenure | 6.9yrs |
Recent management updates
Recent updates
Weak Statutory Earnings May Not Tell The Whole Story For Tessenderlo Group (EBR:TESB)
Apr 13
Tessenderlo Group NV (EBR:TESB) Just Reported And Analysts Have Been Cutting Their Estimates
Mar 30Returns Are Gaining Momentum At Tessenderlo Group (EBR:TESB)
Mar 22Returns On Capital Are Showing Encouraging Signs At Tessenderlo Group (EBR:TESB)
Dec 11These 4 Measures Indicate That Tessenderlo Group (EBR:TESB) Is Using Debt Reasonably Well
Nov 01Tessenderlo Group's (EBR:TESB) Profits Appear To Have Quality Issues
Mar 31Tessenderlo Group (EBR:TESB) Has A Rock Solid Balance Sheet
Mar 25Here's Why We Think Tessenderlo Group (EBR:TESB) Might Deserve Your Attention Today
Jan 03These 4 Measures Indicate That Tessenderlo Group (EBR:TESB) Is Using Debt Safely
Nov 24Here's Why We Think Tessenderlo Group (EBR:TESB) Might Deserve Your Attention Today
Sep 27These 4 Measures Indicate That Tessenderlo Group (EBR:TESB) Is Using Debt Safely
Mar 28Tessenderlo Group (EBR:TESB) Has A Pretty Healthy Balance Sheet
Dec 15Here's Why Tessenderlo Group (EBR:TESB) Can Manage Its Debt Responsibly
Sep 02Are Investors Undervaluing Tessenderlo Group NV (EBR:TESB) By 37%?
Aug 12Does Tessenderlo Group (EBR:TESB) Have A Healthy Balance Sheet?
May 24Shareholders May Be A Little Conservative With Tessenderlo Group NV's (EBR:TESB) CEO Compensation For Now
May 03Tessenderlo Group NV (EBR:TESB) Shares Could Be 27% Below Their Intrinsic Value Estimate
Apr 15Tessenderlo Group NV Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Mar 28Are Robust Financials Driving The Recent Rally In Tessenderlo Group NV's (EBR:TESB) Stock?
Feb 11What Type Of Shareholders Make Up Tessenderlo Group NV's (EBR:TESB) Share Registry?
Dec 22The Tessenderlo Group (EBR:TESB) Share Price Has Gained 24% And Shareholders Are Hoping For More
Dec 04Declining Stock and Decent Financials: Is The Market Wrong About Tessenderlo Group NV (EBR:TESB)?
Aug 05
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | €56k | n/a | €110m |
| Sep 30 2023 | n/a | n/a | €127m |
| Jun 30 2023 | n/a | n/a | €144m |
| Mar 31 2023 | n/a | n/a | €185m |
| Dec 31 2022 | €43k | n/a | €227m |
| Sep 30 2022 | n/a | n/a | €241m |
| Jun 30 2022 | n/a | n/a | €254m |
| Mar 31 2022 | n/a | n/a | €221m |
| Dec 31 2021 | €37k | n/a | €188m |
| Sep 30 2021 | n/a | n/a | €149m |
| Jun 30 2021 | n/a | n/a | €110m |
| Mar 31 2021 | n/a | n/a | €105m |
| Dec 31 2020 | €1m | €648k | €99m |
| Sep 30 2020 | n/a | n/a | €118m |
| Jun 30 2020 | n/a | n/a | €136m |
| Mar 31 2020 | n/a | n/a | €116m |
| Dec 31 2019 | €1m | €632k | €96m |
| Sep 30 2019 | n/a | n/a | €90m |
| Jun 30 2019 | n/a | n/a | €83m |
| Mar 31 2019 | n/a | n/a | €87m |
| Dec 31 2018 | €2m | €616k | €92m |
| Sep 30 2018 | n/a | n/a | €77m |
| Jun 30 2018 | n/a | n/a | €63m |
| Mar 31 2018 | n/a | n/a | €44m |
| Dec 31 2017 | €1m | €600k | €26m |
Compensation vs Market: Luc's total compensation ($USD59.75K) is below average for companies of similar size in the Belgian market ($USD1.04M).
Compensation vs Earnings: Luc's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Luc Tack (62 yo)
10.4yrs
Tenure
€56,000
Compensation
Mr. Luc Tack has been Chief Executive Officer of Tessenderlo Group NV (formerly known as Tessenderlo Chemie NV) since December 18, 2013 and its Executive Director since November 13, 2013. Mr. Tack has been...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 10.5yrs | €188.50k | no data | |
| CEO & Executive Director | 10.4yrs | €56.00k | 40.58% € 824.4m | |
| Chief Financial Officer | less than a year | no data | no data | |
| Finance and Investor Relations Officer | no data | no data | no data | |
| Compliance Officer & Legal Counsel | no data | no data | no data | |
| Chief Transformation Officer | less than a year | no data | no data | |
| Secretary | 14.3yrs | no data | no data |
0.4yrs
Average Tenure
Experienced Management: TESB's management team is not considered experienced ( 0.4 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 10.5yrs | €188.50k | no data | |
| CEO & Executive Director | 10.5yrs | €56.00k | 40.58% € 824.4m | |
| Non-Executive Director | less than a year | €36.91k | 7.49% € 152.2m | |
| Non-Executive Director | 19.2yrs | €56.00k | no data | |
| Independent Non-Executive Director | 6.9yrs | €56.00k | no data | |
| Independent Non-Executive Director | less than a year | €36.91k | no data | |
| Independent Non-Executive Director | 6.9yrs | €61.00k | no data | |
| Independent Non-Executive Director | 3yrs | €56.00k | no data | |
| Non-Executive Director | less than a year | €36.91k | no data |
6.9yrs
Average Tenure
62.5yo
Average Age
Experienced Board: TESB's board of directors are considered experienced (6.9 years average tenure).