It's Unlikely That Logicom Public Limited's (CSE:LOG) CEO Will See A Huge Pay Rise This Year

Key Insights

• Logicom to hold its Annual General Meeting on 19th of June
• Salary of €150.0k is part of CEO Varnavas Irinarchos's total remuneration
• The total compensation is 61% higher than the average for the industry
• Logicom's EPS grew by 30% over the past three years while total shareholder return over the past three years was 134%

We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free.

Performance at Logicom Public Limited (CSE:LOG) has been reasonably good and CEO Varnavas Irinarchos has done a decent job of steering the company in the right direction. This is something shareholders will keep in mind as they cast their votes on company resolutions such as executive remuneration in the upcoming AGM on 19th of June. However, some shareholders may still want to keep CEO compensation within reason.

See our latest analysis for Logicom

How Does Total Compensation For Varnavas Irinarchos Compare With Other Companies In The Industry?

At the time of writing, our data shows that Logicom Public Limited has a market capitalization of €293m, and reported total annual CEO compensation of €180k for the year to December 2024. We note that's a decrease of 12% compared to last year. In particular, the salary of €150.0k, makes up a huge portion of the total compensation being paid to the CEO.

On comparing similar companies from the Asia Electronic industry with market caps ranging from €173m to €691m, we found that the median CEO total compensation was €112k. Hence, we can conclude that Varnavas Irinarchos is remunerated higher than the industry median.

On an industry level, around 77% of total compensation represents salary and 23% is other remuneration. Our data reveals that Logicom allocates salary more or less in line with the wider market. If total compensation veers towards salary, it suggests that the variable portion - which is generally tied to performance, is lower.

A Look at Logicom Public Limited's Growth Numbers

Logicom Public Limited's earnings per share (EPS) grew 30% per year over the last three years. In the last year, its revenue is down 10%.

Overall this is a positive result for shareholders, showing that the company has improved in recent years. The lack of revenue growth isn't ideal, but it is the bottom line that counts most in business. Although we don't have analyst forecasts, you might want to assess this data-rich visualization of earnings, revenue and cash flow.

Has Logicom Public Limited Been A Good Investment?

We think that the total shareholder return of 134%, over three years, would leave most Logicom Public Limited shareholders smiling. So they may not be at all concerned if the CEO were to be paid more than is normal for companies around the same size.

To Conclude...

The company's decent performance might have made most shareholders happy, possibly making CEO remuneration the least of the concerns to be discussed 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 it is important to pay attention to CEO remuneration, investors should also consider other elements of the business. We've identified 1 warning sign for Logicom that investors should be aware of in a dynamic business environment.

Arguably, business quality is much more important than CEO compensation levels. So check out this free list of interesting companies that have HIGH return on equity and low debt.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.