MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság Management
Management criteria checks 4/4
MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság's CEO is Zsolt Hernadi, appointed in Feb 1999, has a tenure of 25.17 years. total yearly compensation is HUF284.70M, comprised of 54.8% salary and 45.2% bonuses, including company stock and options. directly owns 0.28% of the company’s shares, worth €13.42M. The average tenure of the management team and the board of directors is 7.3 years and 13.5 years respectively.
Key information
Zsolt Hernadi
Chief executive officer
Ft284.7m
Total compensation
| CEO salary percentage | 54.8% |
| CEO tenure | 25.2yrs |
| CEO ownership | 0.3% |
| Management average tenure | 7.3yrs |
| Board average tenure | 13.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | Ft530b |
| Sep 30 2023 | n/a | n/a | Ft400b |
| Jun 30 2023 | n/a | n/a | Ft486b |
| Mar 31 2023 | n/a | n/a | Ft656b |
| Dec 31 2022 | Ft285m | Ft156m | Ft628b |
| Sep 30 2022 | n/a | n/a | Ft798b |
| Jun 30 2022 | n/a | n/a | Ft613b |
| Mar 31 2022 | n/a | n/a | Ft531b |
| Dec 31 2021 | Ft381m | Ft156m | Ft484b |
Compensation vs Market: Zsolt's total compensation ($USD776.94K) is below average for companies of similar size in the German market ($USD3.42M).
Compensation vs Earnings: Zsolt's compensation has been consistent with company performance over the past year.
CEO
Zsolt Hernadi (63 yo)
25.2yrs
Tenure
Ft284,698,560
Compensation
Mr. Zsolt Hernadi has been an Executive Chairman of MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság (formerly known as MOL Magyar Olaj- es Gazipari Nyilvanosan Mukodo Reszvenytarsasag) sin...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 25.2yrs | Ft284.70m | 0.28% HUF 13.4m | |
| Group CEO | 12.9yrs | Ft473.04m | 0.049% HUF 2.4m | |
| Group Chief Financial Officer | 12.9yrs | Ft144.30m | 0.017% HUF 803.9k | |
| Group Chief Innovation Officer | 7.3yrs | Ft358.80m | 0.035% HUF 1.7m | |
| Executive VP of Group Strategic Operations & Corporate Development and Non-Independent Director | no data | Ft199.33m | 0.0013% HUF 62.1k | |
| Chief Executive Officer | no data | no data | no data | |
| COO & Executive VP of Group Consumer Services | 5.8yrs | no data | 0.00017% HUF 8.3k | |
| Head of Group Investor Relations & ESG Coordination | less than a year | no data | no data | |
| Head of Legal | no data | no data | no data | |
| Senior Vice President of Refining & Marketing | no data | no data | no data | |
| Group Human Resources Vice President | 2.5yrs | no data | no data | |
| Executive Vice President of Upstream | 7.3yrs | no data | 0.00095% HUF 46.1k |
7.3yrs
Average Tenure
57yo
Average Age
Experienced Management: MOGG's management team is seasoned and experienced (7.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 25.2yrs | Ft284.70m | 0.28% HUF 13.4m | |
| Group CEO | 16.5yrs | Ft473.04m | 0.049% HUF 2.4m | |
| Group Chief Innovation Officer | 12.9yrs | Ft358.80m | 0.035% HUF 1.7m | |
| Executive VP of Group Strategic Operations & Corporate Development and Non-Independent Director | 2.3yrs | Ft199.33m | 0.0013% HUF 62.1k | |
| Independent Vice Chairman | 23.5yrs | Ft76.72m | 0.033% HUF 1.6m | |
| Chairman of the Supervisory Board | 6yrs | no data | 0.039% HUF 1.9m | |
| Independent Director | 14yrs | Ft77.25m | 0.0023% HUF 110.2k | |
| Independent Director | 14yrs | Ft61.31m | 0.018% HUF 860.7k | |
| Independent Director | 14yrs | Ft78.29m | 0.0074% HUF 361.2k | |
| Non-Independent Director | 10yrs | Ft74.61m | 0.017% HUF 821.9k | |
| Independent Director | 9.8yrs | Ft58.43m | 0.018% HUF 860.7k | |
| Independent Director | 5yrs | Ft75.82m | 0.0032% HUF 157.3k |
13.5yrs
Average Tenure
62yo
Average Age
Experienced Board: MOGG's board of directors are seasoned and experienced ( 13.5 years average tenure).