Cmb.Tech Management

Management criteria checks 0/4

We currently do not have sufficient information about the CEO.

Key information

Alexander Saverys

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	less than a year
CEO ownership	n/a
Management average tenure	less than a year
Board average tenure	1.3yrs

Recent management updates

Recent updates

CEO

Alexander Saverys (46 yo)

less than a year

Tenure

Mr. Alexander Saverys is Member of Management Board as Chief Executive Officer at Cmb Tech NV (formerly known as Euronav NV) since November 22, 2023. He served as Chief Executive Officer and Director of Hu...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Hugo De Stoop	Senior Advisor	1.5yrs	US$1.42m	no data
Alexander Saverys	CEO & Member of Management Board	less than a year	no data	no data
Ludovic Saverys	CFO & Member of Management Board	less than a year	US$55.96k	no data
Michael Saverys	Chief Chartering Officer & Member of Management Board	less than a year	no data	no data
Maxime Van Eecke	Chief Commercial Officer & Member of Management Board	less than a year	no data	no data
Benoit Louis Timmermans	Chief Strategy Officer & Member of Management Board	less than a year	no data	no data
Veronique Raes	Chief People Officer	5.2yrs	no data	no data
Rustin Edwards	Head of Fuel Oil procurement	no data	no data	no data
Sofie Lemlijn	Senior Legal Counsel & Secretary General	5.8yrs	no data	no data

1.0yrs

Average Tenure

43yo

Average Age

Experienced Management: OCW's management team is not considered experienced ( 1 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Marc Saverys	Non-Independent Chairman of Supervisory Board	1.7yrs	US$93.84k	no data
Patrick Molis	Independent Member of Supervisory Board	less than a year	US$48.88k	no data
Bjarte Boe	Non Independent Member of Supervisory Board	less than a year	US$46.83k	no data
Patrick Brabandere	Non-Independent Member of the Supervisory Board	1.7yrs	US$200.89k	no data
Julie De Nul	Independent Member of Supervisory Board	1.5yrs	US$146.38k	no data
Catharina Scheers	Independent Supervisory Board	less than a year	US$54.98k	no data

1.3yrs

Average Tenure

65.5yo

Average Age

Experienced Board: OCW's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.

Cmb.Tech Management

Management criteria checks 0/4

Key information

Recent management updates

Euronav NV Approves Resignation of Patrick De Brabandere as Members of the Supervisory Board

Euronav NV, Annual General Meeting, May 16, 2024

Board Member recently bought €60m worth of stock

Euronav NV Announces Chief Executive Officer Changes

Euronav Nv Announces Board Changes

Insider recently sold €38m worth of stock

Recent updates

Second quarter 2024 earnings released: EPS: US$0.95 (vs US$0.80 in 2Q 2023)

Now 21% overvalued

Euronav NV Approves Intermediary Dividend

Now 25% overvalued after recent price rise

Now 23% overvalued

New minor risk - Share price stability

Investor sentiment improves as stock rises 17%

New minor risk - Financial position

Full year 2023 earnings released: EPS: US$4.25 (vs US$1.01 in FY 2022)

Investor sentiment deteriorates as stock falls 19%

Euronav NV to Report Fiscal Year 2023 Results on Apr 04, 2024

CMB NV plans to launch a mandatory public takeover bid to acquire the remaining 42.86% stake in Euronav NV (ENXTBR:EURN) for approximately $1.7 billion.

Euronav NV (ENXTBR:EURN) completed the acquisition of CMB.TECH NV from CMB NV.

Euronav NV Approves Resignation of Patrick De Brabandere as Members of the Supervisory Board

New minor risk - Earnings quality

Euronav Nv Not Distribute Dividend for the Fourth Quarter of 2023

Euronav Nv Not Distribute Dividend for the Fourth Quarter of 2023

Full year 2023 earnings released: EPS: US$4.27 (vs US$1.01 in FY 2022)

Euronav NV, Annual General Meeting, May 16, 2024

Euronav NV to Report Q4, 2023 Results on Feb 02, 2024

Upcoming dividend of US$0.40 per share at 18% yield

Euronav NV Announces Dividend for the Third Quarter of 2023, Payable on December 20, 2023

CMB NV completed the acquisition of additional 26.124% stake in Euronav NV (ENXTBR:EURN) from Famatown Finance Limited and Frontline plc (NYSE:FRO).

CMB NV completed the acquisition of additional 26.124% stake in Euronav NV (ENXTBR:EURN) from Famatown Finance Limited and Frontline plc (NYSE:FRO).

Third quarter 2023 earnings released: EPS: US$0.57 (vs US$0.082 in 3Q 2022)

New major risk - Revenue and earnings growth

New minor risk - Share price stability

Euronav's Shareholder CMB Offers to Acquire Frontline’s 26.12% Stake

Upcoming dividend of US$0.56 per share at 18% yield

New minor risk - Earnings quality

Euronav NV Proposes Dividend, Payable on September 19, 2023

Second quarter 2023 earnings released: EPS: US$0.80 (vs US$0.024 loss in 2Q 2022)

Board Member recently bought €60m worth of stock

Upcoming dividend of US$0.49 per share at 5.3% yield

Upcoming dividend of €0.77 per share at 0.8% yield

Euronav NV Announces Chief Executive Officer Changes

Euronav NV Approves Dividend, Payable on 13 June 2023

Full year 2022 earnings released: EPS: US$1.01 (vs US$1.68 loss in FY 2021)

CMB NV Posts Transcript for Shareholders of Euronav NV

Frontline plc Announces Emergency Arbitration Claims Filed by Euronav Have Been Fully Dismissed by the Emergency Arbitrator

Euronav Nv Announces Board Changes

Euronav NV Announces Dividend, Payable on 2 March 2023

CMB NV Provides Information to the Shareholders

Frontline plc (NYSE:FRO) cancelled the acquisition of a 81.2% % stake in Euronav NV (ENXTBR : EURN) from CMB NV, C.K. LIMITED and others.

Compagnie Maritime Delivers a Letter to Euronav NV

Euronav NV to Report Q3, 2023 Results on Oct 26, 2023

Insider recently sold €38m worth of stock

Upcoming dividend of US$0.03 per share

Euronav NV Declares Dividend for the Third Quarter of 2022, Payable on November 29, 2022

Third quarter 2022 earnings released: EPS: US$0.082 (vs US$0.53 loss in 3Q 2021)

Upcoming dividend of €0.021 per share

Second quarter 2022 earnings released: US$0.024 loss per share (vs US$0.45 loss in 2Q 2021)

Upcoming dividend of US$0.06 per share

Euronav NV Announces Changes to Its Board

First quarter 2022 earnings released: US$0.21 loss per share (vs US$0.35 loss in 1Q 2021)

Insider recently bought €25m worth of stock

Full year 2021 earnings released: US$1.68 loss per share (vs US$2.25 profit in FY 2020)

Frontline Ltd. (NYSE:FRO) signed a term sheet to acquire Euronav NV (ENXTBR:EURN) from CMB NV, C.K. LIMITED and others for €2.5 billion.

Frontline Ltd. (NYSE:FRO) signed a term sheet to acquire Euronav NV (ENXTBR:EURN) for €2.5 billion.

Euronav NV to Report Q4, 2022 Results on Feb 02, 2023

Euronav NV Proposes Distribution for the Fourth Quarter of 2021

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Upcoming dividend of €0.021 per share

Third quarter 2021 earnings released: US$0.53 loss per share (vs US$0.22 profit in 3Q 2020)

Insider recently bought €146m worth of stock

Upcoming dividend of US$0.021 per share

Second quarter 2021 earnings released: US$0.45 loss per share (vs US$1.21 profit in 2Q 2020)

Member of the Supervisory Board has left the company

First quarter 2021 earnings released: US$0.35 loss per share (vs US$1.05 profit in 1Q 2020)