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Picanol Management
Management criteria checks 2/4
Key information
Luc Tack
Chief executive officer
€3.0m
Total compensation
| CEO salary percentage | 24.7% |
| CEO tenure | 13.7yrs |
| CEO ownership | 64.0% |
| Management average tenure | 12.8yrs |
| Board average tenure | 12.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2022 | n/a | n/a | €137m |
| Mar 31 2022 | n/a | n/a | €149m |
| Dec 31 2021 | €3m | €748k | €161m |
| Sep 30 2021 | n/a | n/a | €127m |
| Jun 30 2021 | n/a | n/a | €94m |
| Mar 31 2021 | n/a | n/a | €75m |
| Dec 31 2020 | €1m | €748k | €55m |
| Sep 30 2020 | n/a | n/a | €57m |
| Jun 30 2020 | n/a | n/a | €58m |
| Mar 31 2020 | n/a | n/a | €50m |
| Dec 31 2019 | €2m | €716k | €42m |
| Sep 30 2019 | n/a | n/a | €53m |
| Jun 30 2019 | n/a | n/a | €65m |
| Mar 31 2019 | n/a | n/a | €88m |
| Dec 31 2018 | €125k | €100k | €111m |
| Sep 30 2018 | n/a | n/a | €111m |
| Jun 30 2018 | n/a | n/a | €111m |
| Mar 31 2018 | n/a | n/a | €106m |
| Dec 31 2017 | €125k | €100k | €102m |
| Sep 30 2017 | n/a | n/a | €110m |
| Jun 30 2017 | n/a | n/a | €117m |
| Mar 31 2017 | n/a | n/a | €119m |
| Dec 31 2016 | €25k | €25k | €120m |
Compensation vs Market: Luc's total compensation ($USD3.24M) is above average for companies of similar size in the German market ($USD1.46M).
Compensation vs Earnings: Luc's compensation has increased by more than 20% in the past year.
CEO
Luc Tack (61 yo)
13.7yrs
Tenure
€3,033,096
Compensation
Mr. Luc Tack has been Chief Executive Officer of Tessenderlo Group NV (formerly known as Tessenderlo Chemie NV) since December 18, 2013 and its Executive Director since November 13, 2013. Mr. Tack has been...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CFO | 12.9yrs | €3.01m | no data | |
| CEO & Executive Director | 13.7yrs | €3.03m | 64.02% € 757.7m | |
| Corporate Secretary | 12.8yrs | no data | no data | |
| SVP of Business Transformation & Strategic Alignment / Vice President Operations Weaving Machines | 3.9yrs | no data | no data |
12.8yrs
Average Tenure
Experienced Management: Z6Y's management team is seasoned and experienced (12.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CFO | 12.9yrs | €3.01m | no data | |
| CEO & Executive Director | 13.7yrs | €3.03m | 64.02% € 757.7m | |
| Non-Executive Independent Director | 6.9yrs | €29.50k | no data | |
| Non-Executive Independent Director | 12.9yrs | €29.50k | no data | |
| Non-Executive Director | 13.3yrs | €29.50k | no data | |
| Non-Executive Independent Director | 5.9yrs | €29.50k | no data | |
| Non-Executive Independent Director | 4.1yrs | €29.50k | no data |
12.9yrs
Average Tenure
64yo
Average Age
Experienced Board: Z6Y's board of directors are seasoned and experienced ( 12.9 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/03/06 05:56 |
| End of Day Share Price | 2023/03/03 00:00 |
| Earnings | 2022/06/30 |
| Annual Earnings | 2021/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Picanol nv is covered by 3 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Pierre-Yves Gauthier | AlphaValue |
| Wouter VANDERHAEGHEN | KBC Securities NV |
| Guy Sips | KBC Securities NV |