IRC Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Denis Vitalievich Cherednichenko

Chief executive officer

US$1.3m

Total compensation

CEO salary percentage	67.0%
CEO tenure	1.8yrs
CEO ownership	n/a
Management average tenure	3yrs
Board average tenure	2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Denis Vitalievich Cherednichenko's remuneration changed compared to IRC's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$1m	US$858k	-US$157m
Sep 30 2023	n/a	n/a	-US$116m
Jun 30 2023	n/a	n/a	-US$76m
Mar 31 2023	n/a	n/a	-US$82m
Dec 31 2022	US$429k	US$429k	-US$88m

Compensation vs Market: Denis Vitalievich's total compensation ($USD1.28M) is above average for companies of similar size in the German market ($USD717.70K).

Compensation vs Earnings: Denis Vitalievich's compensation has increased whilst the company is unprofitable.

CEO

Denis Vitalievich Cherednichenko (44 yo)

1.8yrs

Tenure

US$1,280,000

Compensation

Mr. Denis Vitalievich Cherednichenko is CEO & Executive Director of IRC Limited from July 01, 2022. He was the CEO of JSC Rosatom Healthcare, Enterprise of State Corporation Rosatom, a radiopharmaceuticals...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Denis Vitalievich Cherednichenko	CEO & Executive Director	1.8yrs	US$1.28m	no data
Danila Kotlyarov	Chief Financial Officer	1.8yrs	no data	no data
Galina Samoylova	Group Head of Technologies	no data	no data	no data
Roman Kazakov	Group Head of Legal & Corporate Affairs	no data	no data	no data
Shiu Cheong Yuen	Finance Director	9.2yrs	no data	no data
Chi Kin Cheng	Consultant	4.2yrs	US$20.00k	no data

3.0yrs

Average Tenure

50.5yo

Average Age

Experienced Management: 2I8's management team is considered experienced (3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Denis Vitalievich Cherednichenko	CEO & Executive Director	1.8yrs	US$1.28m	no data
Pavel Maslovskiy	Emeritus Director	no data	US$98.00k	no data
Natalia Klimentievna Ozhegina	Independent Non-Executive Director	2yrs	US$114.00k	no data
Nikolai Valentinovich Levitskii	Non-Executive Chairman	2.2yrs	US$210.00k	no data
Dmitry Vsevolodovich Dobryak	Independent Non-Executive Director	2.2yrs	US$114.00k	no data
Alexey Mihailovich Romanenko	Independent Non-Executive Director	2yrs	US$114.00k	no data
Vitaly Georgievich Sheremet	Independent Non-Executive Director	2yrs	US$114.00k	no data

2.0yrs

Average Tenure

50yo

Average Age

Experienced Board: 2I8's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.

IRC Management

Management criteria checks 1/4

Key information

Recent management updates

IRC Limited, Annual General Meeting, Jun 29, 2023

High number of new and inexperienced directors

IRC Limited Announces Executive Changes

IRC Limited, Annual General Meeting, Jun 29, 2022

IRC Limited Announces Chief Executive Officer Changes

IRC Limited Announces Appointments to Board of Directors and Board Committees

Recent updates

Now 151% overvalued after recent price rise

Full year 2023 earnings released: US$0.018 loss per share (vs US$0.012 loss in FY 2022)

Full year 2023 earnings released: US$0.018 loss per share (vs US$0.012 loss in FY 2022)

IRC Limited to Report Fiscal Year 2023 Final Results on Mar 20, 2024

IRC Limited to Report Q4, 2023 Results on Mar 07, 2024

Axioma Capital Fze Llc completed the acquisition of 26% stake in IRC Limited (SEHK:1029).

First half 2023 earnings released: US$0.008 loss per share (vs US$0.011 loss in 1H 2022)

IRC Limited Provides Unaudited Consolidated Earnings Guidance for the Six Months Ended 30 June 2023

Now 30% undervalued after recent price drop

IRC Limited to Report First Half, 2023 Results on Aug 23, 2023

Now 21% undervalued

IRC Limited, Annual General Meeting, Jun 29, 2023

High number of new and inexperienced directors

Full year 2022 earnings released: US$0.012 loss per share (vs US$0.019 profit in FY 2021)

IRC Limited Provides Group Earnings Guidance for the Year Ended December 31, 2022

IRC Limited has completed a Follow-on Equity Offering in the amount of HKD 151.096121 million.

First half 2022 earnings released: US$0.011 loss per share (vs US$0.014 profit in 1H 2021)

IRC Limited to Report Q2, 2022 Results on Aug 30, 2022

IRC Provides Earnings Guidance for the Six Months Ended June 30, 2022

IRC Limited Announces Executive Changes

IRC Limited, Annual General Meeting, Jun 29, 2022

IRC Limited Announces Chief Executive Officer Changes

Full year 2021 earnings released: EPS: US$0.019 (vs US$0.014 in FY 2020)

Full year 2021 earnings released: EPS: US$0.019 (vs US$0.014 in FY 2020)

IRC Limited Announces Appointments to Board of Directors and Board Committees

IRC Limited Announces Executive Changes

IRC Limited Provides Earnings Guidance for the Year Ended 31 December 2021

Cerisier Ventures Limited completed the acquisition of 24.07% stake in IRC Limited (SEHK:1029) from Stocken Board AG.

First half 2021 earnings released: EPS US$0.014 (vs US$0.001 in 1H 2020)

IRC Limited Provides Unaudited Consolidated Earnings Guidance for the Six Months Ending June 30, 2021

Full year 2020 earnings released: EPS US$0.014 (vs US$0.005 loss in FY 2019)

IRC Limited Provides Earnings Guidance for the Year Ended 31 December 2020

IRC Limited to Report Fiscal Year 2020 Results on Mar 30, 2021

IRC Limited Appoints Denis Alexandrov and Aleksei Kharitontsev as Non-Executive Directors

IRC Limited Announces Railway Shipments to Chinese Customers Resumed

First half earnings released

First half earnings released

IRC Limited to Report First Half, 2020 Results on Aug 21, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age