VEON Management
Management criteria checks 2/4
VEON's CEO is Muhterem Terzioglu, appointed in Jun 2021, has a tenure of 1.58 years. total yearly compensation is $6.56M, comprised of 23.8% salary and 76.2% bonuses, including company stock and options. directly owns 0.051% of the company’s shares, worth €481.71K. The average tenure of the management team and the board of directors is 2.1 years and 1.6 years respectively.
Key information
Muhterem Terzioglu
Chief executive officer
US$6.6m
Total compensation
| CEO salary percentage | 23.8% |
| CEO tenure | 1.6yrs |
| CEO ownership | 0.05% |
| Management average tenure | 2.1yrs |
| Board average tenure | 1.6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2022 | n/a | n/a | US$186m |
| Mar 31 2022 | n/a | n/a | US$203m |
| Dec 31 2021 | US$7m | US$2m | US$523m |
| Sep 30 2021 | n/a | n/a | US$353m |
| Jun 30 2021 | n/a | n/a | -US$447m |
| Mar 31 2021 | n/a | n/a | -US$418m |
| Dec 31 2020 | US$3m | US$2m | -US$428m |
| Sep 30 2020 | n/a | n/a | -US$393m |
| Jun 30 2020 | n/a | n/a | US$285m |
| Mar 31 2020 | n/a | n/a | US$234m |
| Dec 31 2019 | US$1m | US$247k | US$520m |
Compensation vs Market: Muhterem's total compensation ($USD6.56M) is above average for companies of similar size in the German market ($USD1.19M).
Compensation vs Earnings: Muhterem's compensation has been consistent with company performance over the past year.
CEO
Muhterem Terzioglu (54 yo)
1.6yrs
Tenure
US$6,558,766
Compensation
Mr. Muhterem Kaan Terzioglu is the Chief Executive Officer of VEON Ltd. Since June 30, 2021. He had been the Group Co-Chief Executive Officer of VEON Ltd.since March 1, 2020 until June 30, 2021. Mr. Terzi...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group Chief Executive Officer | 1.6yrs | US$6.56m | 0.051% $ 481.7k | |
| Group Chief Financial Officer | 2.7yrs | US$5.71m | no data | |
| Group Chief Internal Audit & Compliance Officer | 2.5yrs | US$1.89m | no data | |
| Group Chief People Officer | 1.4yrs | US$1.10m | no data | |
| Strategic Advisor | 1.1yrs | US$7.70m | no data | |
| Group Head of Portfolio & Performance Management | 1.8yrs | US$1.47m | no data | |
| President | 7.6yrs | no data | no data | |
| Co-Founder & Chairman Emeritus | 31yrs | no data | no data | |
| Founder & Honorary President | 12.7yrs | no data | no data | |
| Group Director of Accounting | no data | no data | no data | |
| Group Director of Corporate Finance | no data | no data | no data | |
| Acting Group General Counsel | less than a year | no data | no data |
2.1yrs
Average Tenure
55yo
Average Age
Experienced Management: 35V1's management team is considered experienced (2.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder & Chairman Emeritus | 21yrs | no data | no data | |
| Independent Director | 2.6yrs | US$2.04m | 0.078% $ 728.0k | |
| Director | less than a year | no data | no data | |
| Director | less than a year | no data | no data | |
| Independent Non Executive Director | less than a year | no data | no data | |
| Non-Independent Director | 4.5yrs | US$88.67k | no data | |
| Independent Chairman | 4.5yrs | US$591.10k | no data | |
| Non-Independent Director | 2.3yrs | US$88.67k | 0.0039% $ 36.7k | |
| Independent Director | 1.6yrs | US$263.62k | no data | |
| Independent Director | 1.6yrs | US$362.47k | no data | |
| Independent Non-Executive Director | less than a year | no data | no data |
1.6yrs
Average Tenure
57yo
Average Age
Experienced Board: 35V1's board of directors are not considered experienced ( 1.6 years average tenure), which suggests a new board.