Motor Oil (Hellas) Corinth Refineries S.A.

DB:MHZ Stock Report

Market Cap: €2.1b

Motor Oil (Hellas) Corinth Refineries Management

Management criteria checks 2/4

Motor Oil (Hellas) Corinth Refineries' CEO is Yannis Vardinoyannis, appointed in Jan 2021, has a tenure of 3.83 years. directly owns 0.23% of the company’s shares, worth €4.82M. The average tenure of the management team and the board of directors is 4.8 years and 3.4 years respectively.

Key information

Yannis Vardinoyannis

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure3.8yrs
CEO ownership0.2%
Management average tenure4.8yrs
Board average tenure3.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Yannis Vardinoyannis's remuneration changed compared to Motor Oil (Hellas) Corinth Refineries's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

€309m

Jun 30 2024n/an/a

€888m

Mar 31 2024n/an/a

€759m

Dec 31 2023n/an/a

€806m

Sep 30 2023n/an/a

€678m

Jun 30 2023n/an/a

€559m

Mar 31 2023n/an/a

€1b

Dec 31 2022€443k€184k

€968m

Sep 30 2022n/an/a

€1b

Jun 30 2022n/an/a

€767m

Mar 31 2022n/an/a

€334m

Dec 31 2021€32kn/a

€202m

Compensation vs Market: Insufficient data to establish whether Yannis's total compensation is reasonable compared to companies of similar size in the German market.

Compensation vs Earnings: Yannis's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Yannis Vardinoyannis (62 yo)

3.8yrs

Tenure

€442,798

Compensation

Mr. Yannis V. Vardinoyannis has been Executive Vice Chairman of the Board at Motor Oil (Hellas) Corinth Refineries S.A. since 2005 and had been its Managing Director since January 2021 until October 2023 a...

Leadership Team

NamePositionTenureCompensationOwnership
Ioannis Kosmadakis
Deputy CEO & Director18.5yrs€483.13k0.14%
€ 2.9m
Yannis Vardinoyannis
CEO & Vice Chairman3.8yrs€442.80k0.23%
€ 4.8m
Manos Christeas
General Manager of Finance1.8yrsno datano data
Nikos Giannakakis
GM of Information Technology & Chief Information Officer5.8yrsno datano data
Mary Psyllaki
Investor Relations Officerno datano datano data
George Prousanidis
General Counsel & Secretaryno datano data0.018%
€ 384.0k
Theofanis Voutsaras
General Manager of Human Resourcesno datano data0.018%
€ 384.0k
Ioannis Dimakis
Head of Shareholders’ Office & Corporate Announcements Officerno datano datano data
Philip Malergos
Financial Controllerno datano datano data
James McTurk
General Manager of Finance & Information Systemsno datano datano data
Michael-Matheos Stiakakis
General Manager of Fuel Refining & Trading and Executive Directorno datano data0.019%
€ 388.4k
John Kioufis
Senior Manager for Production & Distribution of Refineryno datano datano data

4.8yrs

Average Tenure

62yo

Average Age

Experienced Management: MHZ's management team is considered experienced (4.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Ioannis Kosmadakis
Deputy CEO & Director18.5yrs€483.13k0.14%
€ 2.9m
Yannis Vardinoyannis
CEO & Vice Chairman19.8yrs€442.80k0.23%
€ 4.8m
Michael-Matheos Stiakakis
General Manager of Fuel Refining & Trading and Executive Directorless than a yearno data0.019%
€ 388.4k
Vardis Vardinoyannis
Non-Executive Chairmanno data€30.00kno data
Petros Tzannetakis
Deputy CEO & Directorno data€493.33k0.086%
€ 1.8m
Niki Stoufi
Non-Executive Directorno data€221.18k0.0032%
€ 67.2k
Ourania Ekaterinari
Independent Non-Executive Director3.4yrs€40.00kno data
Panayotis Constantaras
Non Executive Independent Director6.8yrs€40.00kno data
Dimitrios-Antonios Anifantakis
Independent Non-Executive Director3.4yrs€35.00kno data
Nikolaos Vardinoyannis
Non-Executive Director2.4yrs€30.00kno data

3.4yrs

Average Tenure

65.5yo

Average Age

Experienced Board: MHZ's board of directors are considered experienced (3.4 years average tenure).