Altech Batteries Management
Management criteria checks 2/4
Altech Batteries' CEO is Iggy Tan, appointed in Aug 2014, has a tenure of 10.33 years. total yearly compensation is A$1.15M, comprised of 40.3% salary and 59.7% bonuses, including company stock and options. directly owns 0.41% of the company’s shares, worth €216.41K. The average tenure of the management team and the board of directors is 2.3 years and 10.3 years respectively.
Key information
Iggy Tan
Chief executive officer
AU$1.1m
Total compensation
| CEO salary percentage | 40.3% |
| CEO tenure | 10.3yrs |
| CEO ownership | 0.4% |
| Management average tenure | 2.3yrs |
| Board average tenure | 10.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | AU$1m | AU$464k | -AU$28m |
| Mar 31 2024 | n/a | n/a | -AU$51m |
| Dec 31 2023 | n/a | n/a | -AU$74m |
| Sep 30 2023 | n/a | n/a | -AU$67m |
| Jun 30 2023 | AU$1m | AU$446k | -AU$60m |
| Mar 31 2023 | n/a | n/a | -AU$32m |
| Dec 31 2022 | n/a | n/a | -AU$4m |
| Sep 30 2022 | n/a | n/a | -AU$5m |
| Jun 30 2022 | AU$947k | AU$435k | -AU$6m |
| Mar 31 2022 | n/a | n/a | -AU$6m |
| Dec 31 2021 | n/a | n/a | -AU$6m |
| Sep 30 2021 | n/a | n/a | -AU$2m |
| Jun 30 2021 | AU$566k | AU$435k | AU$2m |
| Mar 31 2021 | n/a | n/a | AU$3m |
| Dec 31 2020 | n/a | n/a | AU$3m |
| Sep 30 2020 | n/a | n/a | -AU$364k |
| Jun 30 2020 | AU$649k | AU$412k | -AU$4m |
| Mar 31 2020 | n/a | n/a | -AU$4m |
| Dec 31 2019 | n/a | n/a | -AU$4m |
| Sep 30 2019 | n/a | n/a | -AU$5m |
| Jun 30 2019 | AU$2m | AU$395k | -AU$6m |
| Mar 31 2019 | n/a | n/a | -AU$6m |
| Dec 31 2018 | n/a | n/a | -AU$7m |
| Sep 30 2018 | n/a | n/a | -AU$6m |
| Jun 30 2018 | AU$921k | AU$366k | -AU$5m |
Compensation vs Market: Iggy's total compensation ($USD730.97K) is above average for companies of similar size in the German market ($USD472.12K).
Compensation vs Earnings: Iggy's compensation has increased whilst the company is unprofitable.
CEO
Iggy Tan (61 yo)
10.3yrs
Tenure
AU$1,149,890
Compensation
Mr. Ignatius Kim-Seng Tan, also known as Iggy, BSc, MBA, GAICD has been Member of Management Board and CEO of Altech Advanced Materials AG since July 17, 2019 and serves as its Managing Director and Chairm...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 10.3yrs | AU$1.15m | 0.41% € 216.4k | |
| CFO & Company Secretary | 3.1yrs | AU$623.35k | no data | |
| Chief Operating Officer | 1.6yrs | no data | no data | |
| Chief Technology Officer | no data | no data | no data | |
| Group Financial Controller | 1.6yrs | no data | no data |
2.3yrs
Average Tenure
Experienced Management: A3Y's management team is considered experienced (2.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 10.3yrs | AU$1.15m | 0.41% € 216.4k | |
| Independent Non-Executive Director | 4.3yrs | AU$176.31k | no data | |
| Non-Executive Director | 9.2yrs | AU$176.31k | 0% € 0 | |
| Independent Non-Executive Director | 12.5yrs | AU$176.31k | 0.19% € 102.9k | |
| Alternate Non-Executive Director | 9.2yrs | AU$520.78k | 0.052% € 27.3k | |
| Non-Executive Chairman | 17.6yrs | AU$214.09k | 0.59% € 312.1k | |
| Non-Executive Director | 15.3yrs | AU$176.31k | 0.30% € 158.3k |
10.3yrs
Average Tenure
61yo
Average Age
Experienced Board: A3Y's board of directors are seasoned and experienced ( 10.3 years average tenure).