Midea Group Management
Management criteria checks 3/4
Midea Group's CEO is Hongbo Fang, appointed in Aug 2012, has a tenure of 12.08 years. directly owns 1.57% of the company’s shares, worth €1.11B. The average tenure of the management team and the board of directors is 4.2 years and 0.7 years respectively.
Key information
Hongbo Fang
Chief executive officer
CN¥13.5m
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | 12.1yrs |
| CEO ownership | 1.6% |
| Management average tenure | 4.2yrs |
| Board average tenure | less than a year |
Recent management updates
No updates
Recent updates
No updates
CEO
Hongbo Fang (57 yo)
12.1yrs
Tenure
CN¥13,540,000
Compensation
Mr. Hongbo Fang has been the Chief Executive Officer at Midea Group Co., Ltd. and served its President since August 25, 2012. Mr. Fang serves as the Principal of Wuxi Little Swan Company Limited.He has be...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 12.1yrs | CN¥13.54m | 1.57% CN¥ 1.1b | |
| VP, CFO & Director of Finance | 2.6yrs | CN¥9.45m | 0.0037% CN¥ 2.6m | |
| VP & CTO | 2.1yrs | CN¥7.73m | no data | |
| Joint Company Secretary & Investor Relations Director | 10.9yrs | CN¥3.36m | 0.0066% CN¥ 4.7m | |
| Chief People Officer & Director of Human Resources | 2.6yrs | CN¥6.35m | 0.0060% CN¥ 4.2m | |
| President of the Robotics & Automation Division | no data | CN¥9.88m | no data | |
| Vice President | 10.1yrs | CN¥6.06m | 0.0051% CN¥ 3.6m | |
| VP, Co-President of the Smart Home Business Group | 6.8yrs | CN¥11.43m | no data | |
| VP & Chief Digital Officer | no data | CN¥7.99m | 0.0069% CN¥ 4.9m | |
| VP, President of the Industrial Technology Business Group & Director | 1.2yrs | CN¥11.54m | 0.0027% CN¥ 1.9m | |
| VP, President of the Building Technologies Division & Non-Independent Director | no data | CN¥11.78m | 0.0072% CN¥ 5.1m | |
| VP and Director of Quality | 4.2yrs | CN¥6.49m | 0.0059% CN¥ 4.2m |
4.2yrs
Average Tenure
51yo
Average Age
Experienced Management: 1520's management team is considered experienced (4.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 12.1yrs | CN¥13.54m | 1.57% CN¥ 1.1b | |
| President of the Robotics & Automation Division | 10.4yrs | CN¥9.88m | no data | |
| VP, Co-President of the Smart Home Business Group | 3yrs | CN¥11.43m | no data | |
| VP, President of the Industrial Technology Business Group & Director | 1.2yrs | CN¥11.54m | 0.0027% CN¥ 1.9m | |
| VP, President of the Building Technologies Division & Non-Independent Director | less than a year | CN¥11.78m | 0.0072% CN¥ 5.1m | |
| Non-Independent Director | less than a year | no data | no data | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | less than a year | no data | no data | |
| Employee Represent Supervisor | 7.5yrs | no data | no data | |
| Chairman of the Supervisory Committee | 3.9yrs | no data | no data | |
| Independent Director | less than a year | no data | no data |
0.7yrs
Average Tenure
51.5yo
Average Age
Experienced Board: 1520's board of directors are not considered experienced ( 0.7 years average tenure), which suggests a new board.