Gates Industrial Management
Management criteria checks 3/4
Gates Industrial's CEO is Ivo Jurek, appointed in May 2015, has a tenure of 8.92 years. total yearly compensation is $5.00M, comprised of 21.8% salary and 78.2% bonuses, including company stock and options. directly owns 0.27% of the company’s shares, worth €11.70M. The average tenure of the management team and the board of directors is 3.2 years and 4 years respectively.
Key information
Ivo Jurek
Chief executive officer
US$5.0m
Total compensation
| CEO salary percentage | 21.8% |
| CEO tenure | 8.9yrs |
| CEO ownership | 0.3% |
| Management average tenure | 3.2yrs |
| Board average tenure | 4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 30 2023 | n/a | n/a | US$234m |
| Sep 30 2023 | n/a | n/a | US$256m |
| Jul 01 2023 | n/a | n/a | US$229m |
| Apr 01 2023 | n/a | n/a | US$217m |
| Dec 31 2022 | US$5m | US$1m | US$221m |
| Oct 01 2022 | n/a | n/a | US$199m |
| Jul 02 2022 | n/a | n/a | US$218m |
| Apr 02 2022 | n/a | n/a | US$261m |
| Jan 01 2022 | US$5m | US$1m | US$297m |
| Oct 02 2021 | n/a | n/a | US$259m |
| Jul 03 2021 | n/a | n/a | US$230m |
| Apr 03 2021 | n/a | n/a | US$112m |
| Jan 02 2021 | US$8m | US$1m | US$80m |
| Sep 26 2020 | n/a | n/a | US$75m |
| Jun 27 2020 | n/a | n/a | US$68m |
| Mar 28 2020 | n/a | n/a | US$112m |
| Dec 28 2019 | US$10m | US$990k | US$691m |
| Sep 28 2019 | n/a | n/a | US$747m |
| Jun 29 2019 | n/a | n/a | US$771m |
| Mar 30 2019 | n/a | n/a | US$836m |
| Dec 29 2018 | US$3m | US$943k | US$246m |
| Sep 29 2018 | n/a | n/a | US$289m |
| Jun 30 2018 | n/a | n/a | US$242m |
| Mar 31 2018 | n/a | n/a | US$156m |
| Dec 30 2017 | US$4m | US$900k | US$151m |
Compensation vs Market: Ivo's total compensation ($USD5.00M) is above average for companies of similar size in the German market ($USD2.56M).
Compensation vs Earnings: Ivo's compensation has been consistent with company performance over the past year.
CEO
Ivo Jurek (58 yo)
8.9yrs
Tenure
US$5,003,180
Compensation
Mr. Ivo Jurek serves as a Director of Gates Industrial Corporation plc since September 2017 and serves as its Chief Executive Officer and has served as Chief Executive Officer and a Director of Gates entit...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 8.9yrs | US$5.00m | 0.27% $ 11.7m | |
| Executive VP & CFO | 4.2yrs | US$3.79m | 0.039% $ 1.7m | |
| Executive VP | 3.5yrs | US$2.20m | 0.019% $ 825.7k | |
| Senior VP and President of APAC & Global Strategy | no data | US$2.54m | 0.032% $ 1.4m | |
| Senior VP & Chief Information Officer | 2.9yrs | no data | no data | |
| Vice President of Investor Relations | no data | no data | no data | |
| Executive VP & Chief Human Resources Officer | 2.8yrs | no data | 0.013% $ 566.6k | |
| President | 3.9yrs | no data | no data | |
| Senior Vice President of Operational Excellence | 2.3yrs | no data | no data | |
| President of Americas | less than a year | no data | no data |
3.2yrs
Average Tenure
55yo
Average Age
Experienced Management: 1JL's management team is considered experienced (3.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 6.6yrs | US$5.00m | 0.27% $ 11.7m | |
| Independent Chairman of Board | 6.4yrs | no data | 0.38% $ 16.5m | |
| Independent Director | 1.3yrs | no data | no data | |
| Independent Director | 4yrs | US$233.17k | 0.041% $ 1.8m | |
| Independent Director | 1.5yrs | US$18.96k | 0.043% $ 1.9m | |
| Independent Director | 5.4yrs | US$231.33k | 0.018% $ 797.6k | |
| Independent Director | 3.8yrs | US$231.33k | 0.015% $ 636.1k | |
| Independent Director | 5.2yrs | US$231.33k | 0.016% $ 693.5k | |
| Independent Director | 3yrs | US$191.35k | 0.0094% $ 406.8k |
4.0yrs
Average Tenure
57yo
Average Age
Experienced Board: 1JL's board of directors are considered experienced (4 years average tenure).