Atlantic Insurance Company Public Limited's (CSE:ATL) CEO Compensation Is Looking A Bit Stretched At The Moment
Key Insights
- Atlantic Insurance Company to hold its Annual General Meeting on 24th of September
- CEO Emilios Pyrishis' total compensation includes salary of €106.0k
- Total compensation is 56% above industry average
- Atlantic Insurance Company's total shareholder return over the past three years was 81% while its EPS grew by 40% over the past three years
Under the guidance of CEO Emilios Pyrishis, Atlantic Insurance Company Public Limited (CSE:ATL) has performed reasonably well recently. In light of this performance, CEO compensation will probably not be the main focus for shareholders as they go into the AGM on 24th of September. However, some shareholders will still be cautious of paying the CEO excessively.
See our latest analysis for Atlantic Insurance Company
How Does Total Compensation For Emilios Pyrishis Compare With Other Companies In The Industry?
According to our data, Atlantic Insurance Company Public Limited has a market capitalization of €98m, and paid its CEO total annual compensation worth €124k over the year to December 2024. That's mostly flat as compared to the prior year's compensation. In particular, the salary of €106.0k, makes up a huge portion of the total compensation being paid to the CEO.
On comparing similar-sized companies in the Asia Insurance industry with market capitalizations below €169m, we found that the median total CEO compensation was €79k. This suggests that Emilios Pyrishis is paid more than the median for the industry. Furthermore, Emilios Pyrishis directly owns €24m worth of shares in the company, implying that they are deeply invested in the company's success.
| Component | 2024 | 2023 | Proportion (2024) |
| Salary | €106k | €104k | 85% |
| Other | €18k | €17k | 15% |
| Total Compensation | €124k | €121k | 100% |
On an industry level, around 76% of total compensation represents salary and 24% is other remuneration. Atlantic Insurance Company pays out 85% of remuneration in the form of a salary, significantly higher than the industry average. If total compensation veers towards salary, it suggests that the variable portion - which is generally tied to performance, is lower.
A Look at Atlantic Insurance Company Public Limited's Growth Numbers
Atlantic Insurance Company Public Limited has seen its earnings per share (EPS) increase by 40% a year over the past three years. In the last year, its revenue is up 8.3%.
This demonstrates that the company has been improving recently and is good news for the shareholders. It's also good to see modest revenue growth, suggesting the underlying business is healthy. Although we don't have analyst forecasts, you might want to assess this data-rich visualization of earnings, revenue and cash flow.
Has Atlantic Insurance Company Public Limited Been A Good Investment?
Boasting a total shareholder return of 81% over three years, Atlantic Insurance Company Public Limited has done well by shareholders. This strong performance might mean some shareholders don't mind if the CEO were to be paid more than is normal for a company of its size.
In Summary...
Given that the company's overall performance has been reasonable, the CEO remuneration policy might not be shareholders' central point of focus in the upcoming AGM. Still, not all shareholders might be in favor of a pay raise to the CEO, seeing that they are already being paid higher than the industry.
While CEO pay is an important factor to be aware of, there are other areas that investors should be mindful of as well. We did our research and spotted 2 warning signs for Atlantic Insurance Company that investors should look into moving forward.
Switching gears from Atlantic Insurance Company, if you're hunting for a pristine balance sheet and premium returns, this free list of high return, low debt companies is a great place to look.
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