Freedom Holding Management
Management criteria checks 4/4
Freedom Holding's CEO is Timur Turlov, appointed in Nov 2015, has a tenure of 8.58 years. total yearly compensation is $1.15M, comprised of 90.8% salary and 9.2% bonuses, including company stock and options. directly owns 70.3% of the company’s shares, worth €2.98B. The average tenure of the management team and the board of directors is 7.3 years and 8.8 years respectively.
Key information
Timur Turlov
Chief executive officer
US$1.2m
Total compensation
| CEO salary percentage | 90.8% |
| CEO tenure | 8.6yrs |
| CEO ownership | 70.3% |
| Management average tenure | 7.3yrs |
| Board average tenure | 8.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | US$333m |
| Sep 30 2023 | n/a | n/a | US$283m |
| Jun 30 2023 | n/a | n/a | US$216m |
| Mar 31 2023 | US$1m | US$1m | US$193m |
| Dec 31 2022 | n/a | n/a | US$152m |
| Sep 30 2022 | n/a | n/a | US$163m |
| Jun 30 2022 | n/a | n/a | US$324m |
| Mar 31 2022 | US$1m | US$1m | US$332m |
| Dec 31 2021 | n/a | n/a | US$373m |
| Sep 30 2021 | n/a | n/a | US$356m |
| Jun 30 2021 | n/a | n/a | US$171m |
| Mar 31 2021 | US$302k | US$280k | US$128m |
| Dec 31 2020 | n/a | n/a | US$93m |
| Sep 30 2020 | n/a | n/a | US$55m |
| Jun 30 2020 | n/a | n/a | US$40m |
| Mar 31 2020 | US$134k | US$95k | US$27m |
| Dec 31 2019 | n/a | n/a | US$25m |
| Sep 30 2019 | n/a | n/a | US$29m |
| Jun 30 2019 | n/a | n/a | US$22m |
| Mar 31 2019 | US$123k | US$101k | US$7m |
| Dec 31 2018 | n/a | n/a | US$539k |
| Sep 30 2018 | n/a | n/a | -US$22m |
| Jun 30 2018 | n/a | n/a | US$3m |
| Mar 31 2018 | US$115k | US$95k | US$18m |
Compensation vs Market: Timur's total compensation ($USD1.15M) is below average for companies of similar size in the German market ($USD2.29M).
Compensation vs Earnings: Timur's compensation has been consistent with company performance over the past year.
CEO
Timur Turlov (36 yo)
8.6yrs
Tenure
US$1,154,299
Compensation
Mr. Timur Ruslanovich Turlov has been Chief Executive Officer of Freedom Holding Corp. (formerly known as BMB Munai, Inc.) since November 2015. Mr. Turlov served as the General Director and Chief Accountan...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman of the Board | 8.6yrs | US$1.15m | 70.3% $ 3.0b | |
| President & Director | 6yrs | US$1.40m | 0.22% $ 9.2m | |
| Chief Financial Officer | 8.6yrs | US$1.15m | 0.079% $ 3.3m | |
| Chief Technology Officer | 1.8yrs | US$351.38k | 0.015% $ 632.9k | |
| Corporate Secretary | no data | no data | no data |
7.3yrs
Average Tenure
44yo
Average Age
Experienced Management: DMW2's management team is seasoned and experienced (7.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman of the Board | 8.8yrs | US$1.15m | 70.3% $ 3.0b | |
| President & Director | 16.1yrs | US$1.40m | 0.22% $ 9.2m | |
| Independent Director | 5.3yrs | US$100.00k | no data | |
| Independent Director | 16.1yrs | US$100.00k | no data | |
| Independent Director | 3.6yrs | US$100.00k | no data |
8.8yrs
Average Tenure
45yo
Average Age
Experienced Board: DMW2's board of directors are considered experienced (8.8 years average tenure).