MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság Management

Management criteria checks 4/4

MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság's CEO is Zsolt Hernadi, appointed in Feb 1999, has a tenure of 25.25 years. total yearly compensation is HUF284.70M, comprised of 54.8% salary and 45.2% bonuses, including company stock and options. directly owns 0.034% of the company’s shares, worth CZK42.13M. The average tenure of the management team and the board of directors is 10.2 years and 13.5 years respectively.

Key information

Zsolt Hernadi

Chief executive officer

Ft284.7m

Total compensation

CEO salary percentage	54.8%
CEO tenure	25.3yrs
CEO ownership	0.03%
Management average tenure	10.2yrs
Board average tenure	13.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Zsolt Hernadi's remuneration changed compared to MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	Ft530b
Sep 30 2023	n/a	n/a	Ft400b
Jun 30 2023	n/a	n/a	Ft486b
Mar 31 2023	n/a	n/a	Ft656b
Dec 31 2022	Ft285m	Ft156m	Ft628b
Sep 30 2022	n/a	n/a	Ft798b
Jun 30 2022	n/a	n/a	Ft613b
Mar 31 2022	n/a	n/a	Ft531b
Dec 31 2021	Ft381m	Ft156m	Ft484b

Compensation vs Market: Zsolt's total compensation ($USD786.62K) is below average for companies of similar size in the CZ market ($USD2.38M).

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

CEO

Zsolt Hernadi (63 yo)

25.3yrs

Tenure

Ft284,698,560

Compensation

Mr. Zsolt Hernadi has been an Executive Chairman of MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság (formerly known as MOL Magyar Olaj- es Gazipari Nyilvanosan Mukodo Reszvenytarsasag) sin...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Zsolt Hernadi	Chairman	25.3yrs	Ft284.70m	0.034% HUF 42.1m
Jozsef Molnar	Group CEO	13yrs	Ft473.04m	0.041% HUF 50.8m
Jozsef Simola	Group Chief Financial Officer	13yrs	Ft144.30m	0% HUF 0
Oszkar Vilagi	Group Chief Innovation Officer	7.4yrs	Ft358.80m	0.037% HUF 45.4m
Gyorgy Bacsa	Executive VP of Group Strategic Operations & Corporate Development and Non-Independent Director	no data	Ft199.33m	0% HUF 0
Marton Teremi	Head of Group Investor Relations & ESG Coordination	less than a year	no data	no data
Bela Kelemen	Senior Vice President of Refining & Marketing	no data	no data	no data
Lana Krizan	Senior Vice President of Group Human Resources	2.6yrs	no data	no data
Ákos Székely	Senior Vice President of Group Financial Planning & Reporting	no data	no data	no data
Gabriel Szabo	Executive Vice President of Group Downstream	no data	no data	no data
Ervin Berki	Head of Group Tax & Reporting	no data	no data	no data
Marek Senkovic	Chief Executive Officer of Slovnaft	no data	no data	no data

10.2yrs

Average Tenure

60yo

Average Age

Experienced Management: MOL's management team is seasoned and experienced (10.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Zsolt Hernadi	Chairman	25.3yrs	Ft284.70m	0.034% HUF 42.1m
Jozsef Molnar	Group CEO	16.6yrs	Ft473.04m	0.041% HUF 50.8m
Oszkar Vilagi	Group Chief Innovation Officer	13yrs	Ft358.80m	0.037% HUF 45.4m
Gyorgy Bacsa	Executive VP of Group Strategic Operations & Corporate Development and Non-Independent Director	2.4yrs	Ft199.33m	0% HUF 0
Sandor Csanyi	Independent Vice Chairman	23.6yrs	Ft76.72m	0% HUF 0
Zoltan Aldott	Chairman of the Supervisory Board	6.1yrs	no data	0.039% HUF 48.6m
Martin Roman	Independent Director	14.1yrs	Ft77.25m	0.0046% HUF 5.6m
Zsigmond Jarai	Independent Director	14.1yrs	Ft61.31m	0.020% HUF 24.6m
Laszlo Parragh	Independent Director	14.1yrs	Ft78.29m	0.0072% HUF 8.9m
Anthony Radev	Independent Director	10.1yrs	Ft74.61m	0.019% HUF 23.7m
János Martonyi	Independent Director	9.8yrs	Ft58.43m	0.019% HUF 23.3m
Anett Pandurics	Deputy Chairperson the Supervisory Board	5.1yrs	no data	no data

13.5yrs

Average Tenure

61yo

Average Age

Experienced Board: MOL's board of directors are seasoned and experienced ( 13.5 years average tenure).

MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság Management

Management criteria checks 4/4

Key information

Recent management updates

MOL Group Appoints Zsombor Marton as its Exploration & Production Executive Vice President, effective 1 February 2023

Insufficient new directors

Recent updates

Full year 2023 earnings released: EPS: Ft715 (vs Ft851 in FY 2022)

Investor sentiment improves as stock rises 28%

Now 37% undervalued after recent price drop

MOL Plc Proposes Special Dividend for 2023

MOL Plc Proposes Special Dividend for 2023

Full year 2023 earnings released

Investor sentiment deteriorates as stock falls 20%

MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság to Report Fiscal Year 2023 Results on Apr 25, 2024

Investor sentiment deteriorates as stock falls 17%

Shell plc (LSE:SHEL) completed the acquisition of 39 service stations in Slovenia from MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság (BUSE:MOL).

New minor risk - Profit margin trend

Second quarter 2023 earnings released: EPS: Ft105 (vs Ft332 in 2Q 2022)

Now 22% undervalued after recent price drop

Upcoming dividend of Ft350 per share at 11% yield

Now 21% undervalued

Investor sentiment deteriorates as stock falls 19%

MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság (BUSE:MOL) agreed to acquire Szarvas Biogas Plant from BayWa Aktiengesellschaft (XTRA:BYW).

Investor sentiment improves as stock rises 19%

Investor sentiment improves as stock rises 20%

Now 21% undervalued

Full year 2022 earnings released

MOL Reportedly Mulls Sale of Filling Stations in Slovenia

Now 22% undervalued

Investor sentiment improved over the past week

MOL Group Appoints Zsombor Marton as its Exploration & Production Executive Vice President, effective 1 February 2023

ORLEN Unipetrol a.s. agreed to acquire Normbenz Magyarország Kft. from MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság (BUSE:MOL).

MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság to Report Fiscal Year 2022 Final Results on Apr 27, 2023

Now 21% undervalued after recent price drop

Third quarter 2022 earnings released: EPS: Ft386 (vs Ft191 in 3Q 2021)

Now 21% undervalued after recent price drop

Now 20% undervalued after recent price drop

Second quarter 2022 earnings released

Upcoming dividend of Ft300 per share

First quarter 2022 earnings released: EPS: Ft194 (vs Ft131 in 1Q 2021)

Now 21% undervalued

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság (BUSE:MOL) signed a preliminary agreement to acquire LOTOS Paliwa Sp. z o.o. from Grupa LOTOS S.A. (WSE:LTS) for $610 million

Third quarter 2021 earnings released: EPS Ft222 (vs Ft80.00 in 3Q 2020)

Insufficient new directors

Second quarter 2021 earnings released: EPS Ft263 (vs Ft58.18 loss in 2Q 2020)

First quarter 2021 earnings released: EPS Ft131 (vs Ft68.00 loss in 1Q 2020)

Full year 2020 earnings released: Ft22.00 loss per share (vs Ft317 profit in FY 2019)

Revenue misses expectations

Normbenz Magyarország Kft. agreed to acquire Two Petrol Stations from MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság.

New 90-day high: Kč173

New 90-day high: Kč170

New 90-day high: Kč146

Revenue beats expectations

Third quarter 2020 earnings released: EPS Ft80.00

MOL Magyar Olaj- es Gazipari Nyilvanosan Mukodo Reszvenytarsasag (BUSE:MOL) completed the acquisition of a stake in non-operated E&P and mid-stream interests in Azerbaijan from Chevron Global Ventures, Ltd. and Chevron BTC Pipeline, Ltd.

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age