Titan Cement International S.A.

DB:TCJ Stock Report

Market Cap: €2.9b

Titan Cement International Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Michael Colakides

Chief executive officer

€1.0m

Total compensation

CEO salary percentage43.8%
CEO tenure8.8yrs
CEO ownershipn/a
Management average tenure2.3yrs
Board average tenure5.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Michael Colakides's remuneration changed compared to Titan Cement International's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

€296m

Jun 30 2024n/an/a

€307m

Mar 31 2024n/an/a

€277m

Dec 31 2023€1m€458k

€269m

Sep 30 2023n/an/a

€218m

Jun 30 2023n/an/a

€175m

Mar 31 2023n/an/a

€153m

Dec 31 2022€969k€438k

€110m

Sep 30 2022n/an/a

€99m

Jun 30 2022n/an/a

€79m

Mar 31 2022n/an/a

€78m

Dec 31 2021€1m€426k

€92m

Sep 30 2021n/an/a

€26m

Jun 30 2021n/an/a

€37m

Mar 31 2021n/an/a

€33m

Dec 31 2020€1m€418k

€1m

Sep 30 2020n/an/a

€64m

Jun 30 2020n/an/a

€60m

Mar 31 2020n/an/a

€41m

Dec 31 2019€1m€415k

€51m

Compensation vs Market: Michael's total compensation ($USD1.10M) is below average for companies of similar size in the German market ($USD1.92M).

Compensation vs Earnings: Michael's compensation has been consistent with company performance over the past year.


CEO

Michael Colakides (70 yo)

8.8yrs

Tenure

€1,046,163

Compensation

Mr. Michael H. Colakides has been the Group Chief Financial Officer and Executive Director of Titan Cement International S.A. (formerly known as Titan Cement Company S.A.) since 2014 and since January 12,...


Leadership Team

NamePositionTenureCompensationOwnership
Michael Colakides
Group CFOno data€1.05mno data
Grigoris Dikaios
Chief Financial Officerno data€315.77kno data
Vassilios Zarkalis
President & CEO of Titan America LLC10.3yrs€2.09mno data
Alexandra Papalexopoulou-Benopoulou
Executive Director27.8yrs€736.87k3.36%
€ 95.9m
Ioannis Paniaras
Group Executive Director of Europe & Executive Directorno data€848.45kno data
Leonidas Canellopoulos
Chief Sustainability & Innovation Officer and Executive Directorno data€497.29k11.69%
€ 334.0m
Marcel Cobuz
Executive Director2.3yrs€1.92mno data
Christos Panagopoulos
Regional Director of Eastern Mediterraneanno data€605.69kno data
Samir Cairae
Chief Technology Officer1.8yrsno datano data
Spyros Kamizoulis
Acting Head of Investor Relationsno datano datano data
Yiannakopoulou Lydia
Group Corporate Communications Directorno datano datano data
Alexandra Eleftheriou
Chief People Officer1.8yrsno datano data

2.3yrs

Average Tenure

59yo

Average Age

Experienced Management: TCJ's management team is considered experienced (2.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Michael Colakides
Group CFO8.8yrs€1.05mno data
Vassilios Zarkalis
President & CEO of Titan America LLC11.4yrs€2.09mno data
Alexandra Papalexopoulou-Benopoulou
Executive Director29.5yrs€736.87k3.36%
€ 95.9m
Ioannis Paniaras
Group Executive Director of Europe & Executive Director3.5yrs€848.45kno data
Leonidas Canellopoulos
Chief Sustainability & Innovation Officer and Executive Director5.3yrs€497.29k11.69%
€ 334.0m
Marcel Cobuz
Executive Director1.8yrs€1.92mno data
Haralampos David
Independent Non-Executive Director5.3yrs€60.00kno data
Dimitrios Papalexopoulos
Non-Executive Chair of the board32.4yrs€850.00k3.28%
€ 93.7m
Andreas Artemis
Independent Non-Executive Director5.3yrs€64.51kno data
Lyn-Mary Grobler
Independent Non-Executive Director2.9yrs€74.51kno data
Kyriacos Riris
Independent Vice Chairman of the Board6.1yrs€80.00kno data
William-John Antholis
Independent Non-Executive Director5.3yrs€70.00kno data

5.3yrs

Average Tenure

61yo

Average Age

Experienced Board: TCJ's board of directors are considered experienced (5.3 years average tenure).