NoviqTech Management
Management criteria checks 1/4
NoviqTech's CEO is Freddy El Turk, appointed in Jun 2023, has a tenure of 1.08 years. total yearly compensation is A$273.84K, comprised of 51% salary and 49% bonuses, including company stock and options. directly owns 1.18% of the company’s shares, worth €35.86K. The average tenure of the management team and the board of directors is 1.5 years and 1.2 years respectively.
Key information
Freddy El Turk
Chief executive officer
AU$273.8k
Total compensation
| CEO salary percentage | 51.0% |
| CEO tenure | 1.1yrs |
| CEO ownership | 1.2% |
| Management average tenure | 1.5yrs |
| Board average tenure | 1.2yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | AU$274k | AU$140k | -AU$3m |
Compensation vs Market: Freddy's total compensation ($USD178.63K) is below average for companies of similar size in the German market ($USD497.49K).
Compensation vs Earnings: Insufficient data to compare Freddy's compensation with company performance.
CEO
Freddy El Turk
1.1yrs
Tenure
AU$273,844
Compensation
Mr. Fady El Turk, also known as Freddy, served as Non-Executive Director of NoviqTech Limited (formerly known as Tymlez Group Limited) from May 29, 2023 to June 29, 2023 and serves as its Chief Executive O...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, Acting CTO & Director | 1.1yrs | AU$273.84k | 1.18% A$ 35.9k | |
| Head of Operations | no data | no data | no data | |
| Chief Marketing Officer | 4.5yrs | no data | no data | |
| Company Secretary | 1.5yrs | no data | no data |
1.5yrs
Average Tenure
Experienced Management: 63Q0's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, Acting CTO & Director | 1.2yrs | AU$273.84k | 1.18% A$ 35.9k | |
| Energy Advisory Board Member | 4.1yrs | no data | no data | |
| Strategic & Business Development Advisory Board Member for Energy | 4yrs | no data | no data | |
| Non-Executive Chairman | 1.2yrs | AU$43.95k | 0.34% A$ 10.2k | |
| Independent Non-Executive Director | 1.1yrs | AU$41.20k | 0.84% A$ 25.6k |
1.2yrs
Average Tenure
Experienced Board: 63Q0's board of directors are not considered experienced ( 1.2 years average tenure), which suggests a new board.