Alvotech

DB:Z45 Stock Report

Market Cap: €3.8b

Alvotech Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Robert Wessman

Chief executive officer

US$1.5m

Total compensation

CEO salary percentage98.3%
CEO tenure2yrs
CEO ownershipn/a
Management average tenure2yrs
Board average tenure3.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Robert Wessman's remuneration changed compared to Alvotech's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$441m

Jun 30 2024n/an/a

-US$618m

Mar 31 2024n/an/a

-US$494m

Dec 31 2023US$2mUS$1m

-US$552m

Sep 30 2023n/an/a

-US$596m

Jun 30 2023n/an/a

-US$416m

Mar 31 2023n/an/a

-US$713m

Dec 31 2022US$740kn/a

-US$514m

Compensation vs Market: Robert's total compensation ($USD1.52M) is about average for companies of similar size in the German market ($USD2.06M).

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

CEO

Robert Wessman (54 yo)

2yrs

Tenure

US$1,517,000

Compensation

Mr. Robert Wessman serves as Chief Executive Officer of Alvotech since January 1, 2023. He Founded Alvotech in 2013 and serves as its Executive Chairman and Member of the Board of Directors since January 2...

Leadership Team

NamePositionTenureCompensationOwnership
Robert Wessman
CEO, Founder & Executive Chairman2yrsUS$1.52mno data
Faysal Kalmoua
COO & Director1.3yrsno data0%
€ 0
Joel Morales
Chief Financial Officer4.9yrsno data0.032%
€ 1.2m
Giedrius Zunda
Chief Technical Officerno datano datano data
Joseph McClellan
Chief Scientific Officer5.3yrsno data0.051%
€ 2.0m
Benedikt Stefansson
VP of Investor Relations and Global Communicationsno datano datano data
Tanya Zharov
General Counsel2yrsno data0%
€ 0
Jenny Steingrimsdottir
Vice President of People & Cultureless than a yearno datano data
Anil Okay
Chief Commercial Officer6.5yrsno datano data
Ming Li
Chief Strategy Officer5yrsno datano data
Christina Siniscalchi
Chief Quality Officerless than a yearno datano data
Anthony Maffia
Chief Regulatory Affairs Officerless than a yearno datano data

2.0yrs

Average Tenure

48yo

Average Age

Experienced Management: Z45's management team is considered experienced (2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Robert Wessman
CEO, Founder & Executive Chairman6yrsUS$1.52mno data
Faysal Kalmoua
COO & Director4.6yrsno data0%
€ 0
Hjorleifur Palsson
Directorno datano datano data
Linda McGoldrick
Independent Non-Executive Director2.6yrsUS$81.00k0.0035%
€ 134.5k
Lisa Graver
Non-Executive Director2.6yrsUS$71.00k0.0035%
€ 134.5k
Tomas Ekman
Non-Executive Director6yrsno datano data
Arni Hardarson
Non-Executive Director2.6yrsno datano data
Richard Davies
Independent Non-Executive Deputy Chairman6yrsUS$156.00k0.35%
€ 13.4m
Ann Merchant
Independent Non-Executive Director2.6yrsUS$113.00k0.0035%
€ 134.5k

3.6yrs

Average Tenure

57yo

Average Age

Experienced Board: Z45's board of directors are considered experienced (3.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/08 09:20
End of Day Share Price 2025/01/08 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Alvotech is covered by 8 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Balaji PrasadBarclays
Balaji PrasadBarclays
Peter VerdultCitigroup Inc