Travelzoo Management

Management criteria checks 1/4

Travelzoo's CEO is Holger Bartel, appointed in Jan 2016, has a tenure of 8.33 years. total yearly compensation is $2.28M, comprised of 19.7% salary and 80.3% bonuses, including company stock and options. directly owns 3.91% of the company’s shares, worth €4.16M. The average tenure of the management team and the board of directors is 7.4 years and 2.1 years respectively.

Key information

Holger Bartel

Chief executive officer

US$2.3m

Total compensation

CEO salary percentage	19.7%
CEO tenure	8.3yrs
CEO ownership	3.9%
Management average tenure	7.4yrs
Board average tenure	2.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Holger Bartel's remuneration changed compared to Travelzoo's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$12m
Dec 31 2023	n/a	n/a	US$12m
Sep 30 2023	n/a	n/a	US$11m
Jun 30 2023	n/a	n/a	US$10m
Mar 31 2023	n/a	n/a	US$8m
Dec 31 2022	US$2m	US$450k	US$7m
Sep 30 2022	n/a	n/a	US$902k
Jun 30 2022	n/a	n/a	US$3m
Mar 31 2022	n/a	n/a	US$5m
Dec 31 2021	US$232k	US$232k	US$924k
Sep 30 2021	n/a	n/a	US$4m
Jun 30 2021	n/a	n/a	US$410k
Mar 31 2021	n/a	n/a	-US$8m
Dec 31 2020	US$6m	US$208k	-US$10m
Sep 30 2020	n/a	n/a	-US$8m
Jun 30 2020	n/a	n/a	-US$5m
Mar 31 2020	n/a	n/a	US$4m
Dec 31 2019	US$482k	US$232k	US$12m
Sep 30 2019	n/a	n/a	US$12m
Jun 30 2019	n/a	n/a	US$10m
Mar 31 2019	n/a	n/a	US$7m
Dec 31 2018	US$232k	US$232k	US$5m
Sep 30 2018	n/a	n/a	US$4m
Jun 30 2018	n/a	n/a	US$3m
Mar 31 2018	n/a	n/a	US$3m
Dec 31 2017	US$1m	US$142k	US$2m

Compensation vs Market: Holger's total compensation ($USD2.28M) is above average for companies of similar size in the German market ($USD402.64K).

Compensation vs Earnings: Holger's compensation has increased by more than 20% in the past year.

CEO

Holger Bartel (56 yo)

8.3yrs

Tenure

US$2,280,400

Compensation

Mr. Holger Bartel, Ph.D. has been Global Chief Executive Officer of Travelzoo Inc. since January 1, 2016 and serves as its Director from June 1, 2023. Mr. Bartel served as the Chairman of Travelzoo Inc. si...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Christina Ciocca	Chairman	5yrs	US$336.50k	0.22% $ 233.1k
Holger Bartel	Global CEO & Director	8.3yrs	US$2.28m	3.91% $ 4.2m
Ralph Bartel	Founder & Chief Talent Officer	26yrs	no data	39.56% $ 42.1m
Lijun Qi	Finance Director & Principal Accounting Officer	1.2yrs	no data	no data
Christian Smart	General Manager of Germany	7.4yrs	US$393.15k	no data
Arveena Ahluwalia	Global Director of META	no data	no data	no data

7.4yrs

Average Tenure

52yo

Average Age

Experienced Management: TXM1's management team is seasoned and experienced (7.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Christina Ciocca	Chairman	5yrs	US$336.50k	0.22% $ 233.1k
Holger Bartel	Global CEO & Director	less than a year	US$2.28m	3.91% $ 4.2m
Michael Karg	Independent Director	2.1yrs	US$76.31k	no data
Liqun Liu	Independent Director	7yrs	US$77.40k	no data
Volodymyr Cherevko	Independent Director	2.1yrs	US$55.87k	no data

2.1yrs

Average Tenure

42yo

Average Age

Experienced Board: TXM1's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.

Travelzoo Management

Management criteria checks 1/4

Key information

Recent management updates

Founder & Chief Talent Officer recently sold €509k worth of stock

Founder & Chief Talent Officer recently sold €1.3m worth of stock

Founder & Chief Talent Officer recently sold €1.3m worth of stock

Founder & Chief Talent Officer recently sold €74k worth of stock

Founder & Chief Talent Officer recently sold €159k worth of stock

Founder & Chief Talent Officer recently sold €539k worth of stock

Recent updates

First quarter 2024 earnings released: EPS: US$0.31 (vs US$0.23 in 1Q 2023)

Travelzoo Provides Earnings Guidance for the Second Quarter of 2024

Travelzoo to Report Q1, 2024 Results on Apr 24, 2024

Founder & Chief Talent Officer recently sold €509k worth of stock

Full year 2023 earnings released: EPS: US$0.80 (vs US$0.54 in FY 2022)

Travelzoo to Report Q4, 2023 Results on Feb 28, 2024

Investor sentiment improves as stock rises 17%

Founder & Chief Talent Officer recently sold €1.3m worth of stock

Founder & Chief Talent Officer recently sold €1.3m worth of stock

Investor sentiment improves as stock rises 33%

New major risk - Share price stability

Third quarter 2023 earnings released: EPS: US$0.16 (vs US$0.063 in 3Q 2022)

Founder & Chief Talent Officer recently sold €74k worth of stock

Travelzoo to Report Q3, 2023 Results on Oct 24, 2023

Founder & Chief Talent Officer recently sold €159k worth of stock

Founder & Chief Talent Officer recently sold €539k worth of stock

Founder & Chief Talent Officer recently sold €373k worth of stock

Founder & Chief Talent Officer recently sold €471k worth of stock

New minor risk - Market cap size

Founder & Chief Talent Officer recently sold €524k worth of stock

Travelzoo Provides Earnings Guidance for the Third Quarter of 2023

Second quarter 2023 earnings released: EPS: US$0.17 (vs US$0.081 in 2Q 2022)

Travelzoo to Report Q2, 2023 Results on Jul 27, 2023

Founder & Chief Talent Officer recently sold €257k worth of stock

Founder & Chief Talent Officer recently sold €950k worth of stock

Investor sentiment improves as stock rises 16%

Founder & Chief Talent Officer recently sold €154k worth of stock

Investor sentiment improves as stock rises 23%

Founder & Chief Talent Officer recently sold €1.3m worth of stock

Investor sentiment improves as stock rises 30%

Founder & Chief Talent Officer recently sold €120k worth of stock

Founder & Chief Talent Officer recently sold €281k worth of stock

Investor sentiment improves as stock rises 16%

Full year 2022 earnings released: EPS: US$0.54 (vs US$0.079 in FY 2021)

Travelzoo Announces Resignation of Ralph Bartel as Director

Investor sentiment improved over the past week

Travelzoo Provides Revenue Guidance for the Fourth Quarter Ending December 31, 2022

Travelzoo Provides Revenue Guidance for the Fourth Quarter Ending December 31, 2022

Investor sentiment deteriorated over the past week

Third quarter 2022 earnings released: EPS: US$0.063 (vs US$0.24 in 3Q 2021)

Third quarter 2022 earnings released: EPS: US$0.063 (vs US$0.24 in 3Q 2021)

Travelzoo to Report Q3, 2022 Results on Oct 26, 2022

Travelzoo Announces Executive Changes

Investor sentiment deteriorated over the past week

Global Chief Executive Officer recently bought €133k worth of stock

Second quarter 2022 earnings released: EPS: US$0.081 (vs US$0.26 in 2Q 2021)

Travelzoo to Report Q2, 2022 Results on Jul 27, 2022

Founder recently sold €63k worth of stock

Travelzoo Appoints Justin Soffer as Global Director, Member Acquisition

Founder recently sold €65k worth of stock

Founder recently sold €99k worth of stock

Investor sentiment deteriorated over the past week

Global Chief Executive Officer recently sold €178k worth of stock

First quarter 2022 earnings released: EPS: US$0.20 (vs US$0.14 loss in 1Q 2021)

Travelzoo to Report Q1, 2022 Results on Apr 26, 2022

Travelzoo, Annual General Meeting, Apr 25, 2022

Travelzoo Appoints Rhea Saran as Global Head of Brand and Content

Founder recently sold €405k worth of stock

Founder recently sold €46k worth of stock

Founder recently sold €365k worth of stock

Investor sentiment deteriorated over the past week

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

Travelzoo to Report Q4, 2021 Results on Mar 03, 2022

Founder recently sold €558k worth of stock

Founder recently sold €132k worth of stock

Third quarter 2021 earnings released: EPS US$0.24 (vs US$0.099 loss in 3Q 2020)

Global Chief Executive Officer recently sold €261k worth of stock

Global Chief Executive Officer recently sold €113k worth of stock

Global Chief Executive Officer recently sold €1.7m worth of stock