Titan Cement International Management
Management criteria checks 3/4
We currently do not have sufficient information about the CEO.
Key information
Michael Colakides
Chief executive officer
€969.1k
Total compensation
| CEO salary percentage | 45.2% |
| CEO tenure | 8.3yrs |
| CEO ownership | n/a |
| Management average tenure | 1.3yrs |
| Board average tenure | 4.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | €269m |
| Sep 30 2023 | n/a | n/a | €218m |
| Jun 30 2023 | n/a | n/a | €175m |
| Mar 31 2023 | n/a | n/a | €153m |
| Dec 31 2022 | €969k | €438k | €110m |
| Sep 30 2022 | n/a | n/a | €99m |
| Jun 30 2022 | n/a | n/a | €79m |
| Mar 31 2022 | n/a | n/a | €78m |
| Dec 31 2021 | €1m | €426k | €92m |
| Sep 30 2021 | n/a | n/a | €26m |
| Jun 30 2021 | n/a | n/a | €37m |
| Mar 31 2021 | n/a | n/a | €33m |
| Dec 31 2020 | €1m | €418k | €1m |
| Sep 30 2020 | n/a | n/a | €64m |
| Jun 30 2020 | n/a | n/a | €60m |
| Mar 31 2020 | n/a | n/a | €41m |
| Dec 31 2019 | €1m | €415k | €51m |
Compensation vs Market: Michael's total compensation ($USD1.04M) is about average for companies of similar size in the Belgian market ($USD1.05M).
Compensation vs Earnings: Michael's compensation has been consistent with company performance over the past year.
CEO
Michael Colakides (69 yo)
8.3yrs
Tenure
€969,116
Compensation
Mr. Michael H. Colakides has been the Group Chief Financial Officer and Executive Director of Titan Cement International S.A. (formerly known as Titan Cement Company S.A.) since 2014 and since January 12,...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Financial Officer | no data | €315.77k | no data | |
| President & CEO of Titan America LLC | 9.8yrs | €2.09m | no data | |
| Executive Director | 27.3yrs | €736.87k | 3.36% € 73.2m | |
| Chief Sustainability & Innovation Officer and Executive Director | no data | €497.29k | 11.68% € 254.8m | |
| Regional Director of Eastern Mediterranean | no data | €605.69k | no data | |
| Group CFO | no data | €969.12k | no data | |
| Chief Technology Officer | 1.3yrs | no data | no data | |
| Acting Head of Investor Relations | no data | no data | no data | |
| Group Corporate Communications Director | no data | no data | no data | |
| Chief People Officer | 1.3yrs | no data | no data | |
| Group Executive Director of Europe & Executive Director | no data | €824.72k | no data | |
| Chief Digital & Strategy Officer | 1.3yrs | no data | no data |
1.3yrs
Average Tenure
59yo
Average Age
Experienced Management: TITC's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & CEO of Titan America LLC | 10.9yrs | €2.09m | no data | |
| Executive Director | 29yrs | €736.87k | 3.36% € 73.2m | |
| Chief Sustainability & Innovation Officer and Executive Director | 4.8yrs | €497.29k | 11.68% € 254.8m | |
| Group CFO | 8.3yrs | €969.12k | no data | |
| Group Executive Director of Europe & Executive Director | 3yrs | €824.72k | no data | |
| Executive Director | 1.3yrs | no data | no data | |
| Independent Non-Executive Director | 4.8yrs | €60.00k | no data | |
| Non-Executive Chair of the board | 31.9yrs | €850.00k | 3.28% € 71.5m | |
| Independent Non-Executive Director | 4.8yrs | €64.51k | no data | |
| Independent Non-Executive Director | 2.4yrs | €74.51k | no data | |
| Independent Vice Chairman of the Board | 5.6yrs | €80.00k | no data | |
| Independent Non-Executive Director | 4.8yrs | €70.00k | no data |
4.8yrs
Average Tenure
60yo
Average Age
Experienced Board: TITC's board of directors are considered experienced (4.8 years average tenure).