Immobel Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Marnix Galle

Chief executive officer

€1.1m

Total compensation

CEO salary percentage90.7%
CEO tenure11.8yrs
CEO ownershipn/a
Management average tenure4.3yrs
Board average tenure7.6yrs

Recent management updates

Recent updates

Immobel SA (EBR:IMMO) Stock Rockets 28% But Many Are Still Ignoring The Company

Apr 05
Immobel SA (EBR:IMMO) Stock Rockets 28% But Many Are Still Ignoring The Company

Are Investors Undervaluing Immobel SA (EBR:IMMO) By 32%?

Nov 03
Are Investors Undervaluing Immobel SA (EBR:IMMO) By 32%?

A Look At The Fair Value Of Immobel SA (EBR:IMMO)

Jun 28
A Look At The Fair Value Of Immobel SA (EBR:IMMO)

Calculating The Intrinsic Value Of Immobel SA (EBR:IMMO)

Sep 24
Calculating The Intrinsic Value Of Immobel SA (EBR:IMMO)

We Think Immobel (EBR:IMMO) Is Taking Some Risk With Its Debt

Jun 14
We Think Immobel (EBR:IMMO) Is Taking Some Risk With Its Debt

These 4 Measures Indicate That Immobel (EBR:IMMO) Is Using Debt In A Risky Way

Jun 01
These 4 Measures Indicate That Immobel (EBR:IMMO) Is Using Debt In A Risky Way

Would IMMOBEL SA (EBR:IMMO) Be Valuable To Income Investors?

Feb 18
Would IMMOBEL SA (EBR:IMMO) Be Valuable To Income Investors?

Did IMMOBEL SA (EBR:IMMO) Use Debt To Deliver Its ROE Of 14%?

Jan 28
Did IMMOBEL SA (EBR:IMMO) Use Debt To Deliver Its ROE Of 14%?

Does IMMOBEL's (EBR:IMMO) Statutory Profit Adequately Reflect Its Underlying Profit?

Jan 08
Does IMMOBEL's (EBR:IMMO) Statutory Profit Adequately Reflect Its Underlying Profit?

Broker Revenue Forecasts For IMMOBEL SA (EBR:IMMO) Are Surging Higher

Dec 17
Broker Revenue Forecasts For IMMOBEL SA (EBR:IMMO) Are Surging Higher

Investors Who Bought IMMOBEL (EBR:IMMO) Shares Three Years Ago Are Now Up 18%

Dec 08
Investors Who Bought IMMOBEL (EBR:IMMO) Shares Three Years Ago Are Now Up 18%

Is IMMOBEL SA (EBR:IMMO) An Attractive Dividend Stock?

Nov 19
Is IMMOBEL SA (EBR:IMMO) An Attractive Dividend Stock?

Is IMMOBEL SA (EBR:IMMO) A Good Fit For Your Dividend Portfolio?

Aug 18
Is IMMOBEL SA (EBR:IMMO) A Good Fit For Your Dividend Portfolio?

CEO Compensation Analysis

How has Marnix Galle's remuneration changed compared to Immobel's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023€1m€1m

-€38m

Sep 30 2023n/an/a

-€20m

Jun 30 2023n/an/a

-€1m

Mar 31 2023n/an/a

€5m

Dec 31 2022€1m€1m

€11m

Sep 30 2022n/an/a

€41m

Jun 30 2022n/an/a

€71m

Mar 31 2022n/an/a

€82m

Dec 31 2021€2m€640k

€92m

Sep 30 2021n/an/a

€67m

Jun 30 2021n/an/a

€41m

Mar 31 2021n/an/a

€37m

Dec 31 2020€779k€640k

€33m

Sep 30 2020n/an/a

€51m

Jun 30 2020n/an/a

€68m

Mar 31 2020n/an/a

€85m

Dec 31 2019€25kn/a

€102m

Compensation vs Market: Marnix's total compensation ($USD1.18M) is above average for companies of similar size in the Belgian market ($USD675.50K).

Compensation vs Earnings: Marnix's compensation has been consistent with company performance over the past year.


CEO

Marnix Galle (59 yo)

11.8yrs

Tenure

€1,102,000

Compensation

Mr. Marnix Galle served as the Chief Executive Officer at IMMOBEL SA since 2019 until January 2020. He served as the Chief Executive Officer of Allfin NV since its founding in 2001. Mr. Galle began his pro...


Leadership Team

NamePositionTenureCompensationOwnership
Marnix Galle
CEO & Executive Chairmanno data€1.10mno data
Karel Didier P. Breda
Chief Financial Officerno datano datano data
Wim Smekens
Head of Technical Departmentno datano datano data
Stephanie De Wilde
Chief Editor4.3yrsno datano data
Marnix Mellaerts
Head of Sales4.3yrsno datano data
Katrien Huygens
Head of Marketing & Chief Editorno datano datano data
Adel Yahia
Senior Managing Director of Immobel Belgium & Luxembourgno datano datano data
Alain Delvaulx
Head of Financial Planning & Analysis4.3yrsno datano data
Hans Van Audenaerde
Head of Acquisitions4.3yrsno datano data
Eric Schartz
Head of Immobel Home4.3yrsno datano data
Olivier Thiel
Senior MD of France4.3yrsno datano data
Valentine Malleghem
Head of Residential Projects Advisory3.8yrsno datano data

4.3yrs

Average Tenure

43yo

Average Age

Experienced Management: IMMO's management team is considered experienced (4.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Marnix Galle
CEO & Executive Chairman11.8yrs€1.10mno data
Pierre Nothomb
Independent Director8.6yrs€45.05kno data
Michèle Sioen
Director5.3yrs€38.90kno data
Astrid De Lathauwer
Independent Director8.7yrs€36.73kno data
Annick Van Overstraeten
Independent Director7.6yrs€38.90kno data
Wolfgang de Limburg Stirum
Independent Director5.3yrs€37.85kno data
Patrick Albrand
Independent Director2.4yrs€38.90kno data

7.6yrs

Average Tenure

59yo

Average Age

Experienced Board: IMMO's board of directors are considered experienced (7.6 years average tenure).


Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.