Mytilineos Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Evangelos Mytilineos

Chief executive officer

€5.1m

Total compensation

CEO salary percentage	29.3%
CEO tenure	no data
CEO ownership	n/a
Management average tenure	1.6yrs
Board average tenure	5.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Evangelos Mytilineos's remuneration changed compared to Mytilineos's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	€623m
Sep 30 2023	n/a	n/a	€596m
Jun 30 2023	n/a	n/a	€571m
Mar 31 2023	n/a	n/a	€520m
Dec 31 2022	€5m	€2m	€466m
Sep 30 2022	n/a	n/a	€359m
Jun 30 2022	n/a	n/a	€252m
Mar 31 2022	n/a	n/a	€208m
Dec 31 2021	€5m	€2m	€163m
Sep 30 2021	n/a	n/a	€150m
Jun 30 2021	n/a	n/a	€137m
Mar 31 2021	n/a	n/a	€134m
Dec 31 2020	€5m	€2m	€130m
Sep 30 2020	n/a	n/a	€133m
Jun 30 2020	n/a	n/a	€136m
Mar 31 2020	n/a	n/a	€142m
Dec 31 2019	€5m	€2m	€148m

Compensation vs Market: Evangelos's total compensation ($USD5.54M) is above average for companies of similar size in the German market ($USD3.01M).

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

CEO

Evangelos Mytilineos (69 yo)

no data

Tenure

€5,119,776

Compensation

Mr. Evangelos G. Mytilineos serves as the Chief Executive Officer of MYTILINEOS S.A. (Formerly known as MYTILINEOS Holdings S.A.) and serves as its Managing Director. Mr. Mytilineos heads a diversified gro...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Evangelos Mytilineos	CEO, MD & Chairman	no data	€5.12m	no data
Evangelos Chrisafis	Vice Chairman B and Executive Director of Regulatory	5.9yrs	€1.22m	0.048% € 2.5m
Dimitrios Papadopoulos	Executive Director of Corporate Governance & Sustainable Development and Executive Director	no data	€519.66k	0.014% € 726.0k
Eleftheria Kontogianni	Chief Finance Officer	1.3yrs	no data	no data
Panayiota Zacharaki	Senior Accounting Manager	no data	no data	no data
Fotis Spyrakos	Chief Administration Officer & Head of CEO's Office	1.3yrs	no data	0.035% € 1.8m
Christos A. Gavalas	Chief Treasury & IR Officer and Executive Director	23.3yrs	no data	0.035% € 1.9m
Petros Selekos	Group General Counsel	4.3yrs	no data	0.026% € 1.4m
Vivian Bouzali	Chief Corporate Affairs & Communication Officer	6.8yrs	no data	0.026% € 1.4m
Sara Fideli	Chief People Officer	1.9yrs	no data	no data
Ioannis Kalafatas	Chief Executive Director of Energy	1.3yrs	no data	0.054% € 2.9m
Elenos Karaindros	Chief Strategy and M&A Officer	1.3yrs	no data	0.043% € 2.3m

1.6yrs

Average Tenure

58yo

Average Age

Experienced Management: MYH's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Evangelos Mytilineos	CEO, MD & Chairman	no data	€5.12m	no data
Evangelos Chrisafis	Vice Chairman B and Executive Director of Regulatory	5.9yrs	€1.22m	0.048% € 2.5m
Dimitrios Papadopoulos	Executive Director of Corporate Governance & Sustainable Development and Executive Director	5.9yrs	€519.66k	0.014% € 726.0k
Christos A. Gavalas	Chief Treasury & IR Officer and Executive Director	less than a year	no data	0.035% € 1.9m
Alexios Pilavios of Andreas	Independent Non-Executive Director	5.9yrs	€51.00k	0.0073% € 382.3k
Spyridon Kasdas	Non-Executive Vice-Chairman A	5.9yrs	€116.00k	0.011% € 584.2k
Ioannis Petrides	Lead Independent Director	5.9yrs	€71.00k	0.0051% € 267.3k
Panagiota Antonakou	Independent Non-Executive Director	5.9yrs	€46.00k	0.0014% € 76.5k
Emmanouil Kakaras	Independent Non-Executive Director	5.9yrs	€56.00k	no data
Tina Mavraki	Independent Non-Executive Director	5.9yrs	€56.00k	no data
Natalia Nicolaidis	Independent Non-Executive Director	3.3yrs	€46.00k	no data
Anthony Bartzokas	Independent Non-Executive Director	2.9yrs	€46.00k	no data

5.9yrs

Average Tenure

60.5yo

Average Age

Experienced Board: MYH's board of directors are considered experienced (5.9 years average tenure).

Mytilineos Management

Management criteria checks 2/4

Key information

Recent management updates

Mytilineos S.A., Annual General Meeting, Jun 01, 2023

Mytilineos S.A., Annual General Meeting, Jun 02, 2022

High number of new directors

Recent updates

New major risk - Financial position

Full year 2023 earnings released: EPS: €4.51 (vs €3.41 in FY 2022)

Mytilineos S.A. (ATSE:MYTIL) acquired IMERYS Greece Bauxite from Imerys S.A. (ENXTPA:NK).

Full year 2023 earnings released: EPS: €4.51 (vs €3.43 in FY 2022)

Mytilineos S.A. (ATSE:MYTIL) acquired 1.4GW Portfolio Of Photovoltaic Projects in Alberta, Canada.

Mytilineos S.A. (ATSE:MYTIL) signed an agreement to acquire IMERYS Greece Bauxite from Imerys S.A. (ENXTPA:NK) for €10 million.

Mytilineos is in Advanced Negotiations to Acquire Imerys Bauxite Greece

Mytilineos S.A. (ATSE:MYTIL) signed an agreement to acquire EFA ENERGY COMPANY OF NATURAL GAS STOCK COMPANY for €4.5 million.

Mytilineos S.A. (ATSE:MYTIL) completed the acquisition of UNISON Facility Services S.A.

Mytilineos S.A. (ATSE:MYTIL) agreed to acquire Volterra SA from Avax S.A. (ATSE:AVAX) for €24 million.

New major risk - Earnings quality

Enel Green Power Romania S.r.l. acquired Calugareni Solar PV Park in Giurgiu from Mytilineos S.A. (ATSE:MYTIL).

Mytilineos S.A. to Report First Half, 2023 Results on Aug 03, 2023

First half 2023 earnings released: EPS: €1.95 (vs €1.23 in 1H 2022)

Investor sentiment improves as stock rises 16%

Mytilineos S.A. to Report First Half, 2023 Results on Jul 27, 2023

Upcoming dividend of €1.20 per share at 3.7% yield

Mytilineos S.A., Annual General Meeting, Jun 01, 2023

Mytilineos Confirms That It Is in the Process of Negotiations for the Acquisition of Unison

Full year 2022 earnings released: EPS: €3.41 (vs €1.20 in FY 2021)

Mytilineos S.A. (ATSE:MYTIL) agreed to acquire Watt and Volt Exploitation Of Alternative Forms Of Energy Societe Anonyme for €36 million.

First half 2022 earnings released

Upcoming dividend of €0.42 per share

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

Mytilineos S.A. to Report First Half, 2022 Final Results on Aug 04, 2022

Mytilineos S.A., Annual General Meeting, Jun 02, 2022

Aquila Capital Holding Gmbh signed an agreement to acquire 100 MW Solar Portfolio in Spain from Mytilineos S.A. (ATSE:MYTIL) on February 7, 2022.

Aquila Capital Holding Gmbh signed an agreement to acquire 100 MW Solar Portfolio in Spain from Mytilineos S.A. (ATSE:MYTIL) on February 7, 2022.

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

Enel Green Power Romania S.r.l. entered into a share purchase agreement to acquire Photovoltaic power plant projects located in Teleorman county from Mytilineos S.A. (ATSE:MYTIL).

High number of new directors

First half 2021 earnings released: EPS €0.56 (vs €0.49 in 1H 2020)

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age