AS LHV Group Management

Management criteria checks 3/4

AS LHV Group's CEO is Madis Toomsalu, appointed in Dec 2016, has a tenure of 7.42 years. total yearly compensation is €576.00K, comprised of 33.3% salary and 66.7% bonuses, including company stock and options. directly owns 0.39% of the company’s shares, worth €4.27M. The average tenure of the management team and the board of directors is 1.5 years and 14.3 years respectively.

Key information

Madis Toomsalu

Chief executive officer

€576.0k

Total compensation

CEO salary percentage33.3%
CEO tenure7.4yrs
CEO ownership0.4%
Management average tenure1.5yrs
Board average tenure14.3yrs

Recent management updates

Here's Why AS LHV Group's (TAL:LHV1T) CEO May Deserve A Raise

Mar 14
Here's Why AS LHV Group's (TAL:LHV1T) CEO May Deserve A Raise

Recent updates

Here's Why AS LHV Group's (TAL:LHV1T) CEO May Deserve A Raise

Mar 14
Here's Why AS LHV Group's (TAL:LHV1T) CEO May Deserve A Raise

With EPS Growth And More, AS LHV Group (TAL:LHV1T) Makes An Interesting Case

Jan 05
With EPS Growth And More, AS LHV Group (TAL:LHV1T) Makes An Interesting Case

Here's Why We Think AS LHV Group (TAL:LHV1T) Is Well Worth Watching

Sep 08
Here's Why We Think AS LHV Group (TAL:LHV1T) Is Well Worth Watching

Does AS LHV Group (TAL:LHV1T) Deserve A Spot On Your Watchlist?

Aug 13
Does AS LHV Group (TAL:LHV1T) Deserve A Spot On Your Watchlist?

Is Now The Time To Put AS LHV Group (TAL:LHV1T) On Your Watchlist?

Apr 12
Is Now The Time To Put AS LHV Group (TAL:LHV1T) On Your Watchlist?

AS LHV Group (TAL:LHV1T) Is Increasing Its Dividend To €0.40

Mar 07
AS LHV Group (TAL:LHV1T) Is Increasing Its Dividend To €0.40

Here's Why I Think AS LHV Group (TAL:LHV1T) Is An Interesting Stock

Jan 05
Here's Why I Think AS LHV Group (TAL:LHV1T) Is An Interesting Stock

Do AS LHV Group's (TAL:LHV1T) Earnings Warrant Your Attention?

Aug 19
Do AS LHV Group's (TAL:LHV1T) Earnings Warrant Your Attention?

If You Like EPS Growth Then Check Out AS LHV Group (TAL:LHV1T) Before It's Too Late

Mar 11
If You Like EPS Growth Then Check Out AS LHV Group (TAL:LHV1T) Before It's Too Late

What Is The Ownership Structure Like For AS LHV Group (TAL:LHV1T)?

Feb 12
What Is The Ownership Structure Like For AS LHV Group (TAL:LHV1T)?

CEO Compensation Analysis

How has Madis Toomsalu's remuneration changed compared to AS LHV Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024n/an/a

€147m

Dec 31 2023€576k€192k

€140m

Sep 30 2023n/an/a

€131m

Jun 30 2023n/an/a

€102m

Mar 31 2023n/an/a

€81m

Dec 31 2022€501k€189k

€60m

Sep 30 2022n/an/a

€55m

Jun 30 2022n/an/a

€60m

Mar 31 2022n/an/a

€59m

Dec 31 2021€444k€156k

€58m

Sep 30 2021n/an/a

€57m

Jun 30 2021n/an/a

€51m

Mar 31 2021n/an/a

€42m

Dec 31 2020€344k€144k

€38m

Sep 30 2020n/an/a

€26m

Jun 30 2020n/an/a

€23m

Mar 31 2020n/an/a

€27m

Dec 31 2019€288k€144k

€25m

Sep 30 2019n/an/a

€25m

Jun 30 2019n/an/a

€24m

Mar 31 2019n/an/a

€23m

Dec 31 2018€236k€136k

€22m

Sep 30 2018n/an/a

€20m

Jun 30 2018n/an/a

€19m

Mar 31 2018n/an/a

€17m

Dec 31 2017€181k€101k

€18m

Compensation vs Market: Madis's total compensation ($USD617.89K) is below average for companies of similar size in the EE market ($USD1.00M).

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


CEO

Madis Toomsalu

7.4yrs

Tenure

€576,000

Compensation

Mr. Madis Toomsalu has been Chairman of Management Board at AS LHV Group since November 01, 2022. He serves as Non-Executive Director at Bank North Limited. He serves as Chairman of the Board at LHV UK Lim...


Leadership Team

NamePositionTenureCompensationOwnership
Madis Toomsalu
CEO, Group MD & Chairman of Management Board7.4yrs€576.00k0.39%
€ 4.3m
Meelis Paakspuu
CFO & Member of Management Board1.5yrs€468.00k0.19%
€ 2.1m
Juri Heero
Member of Management Board1.5yrs€468.00k0.34%
€ 3.8m
Martti Singi
Chief Risk Officer & Member of Management Board1.5yrs€315.00k0.29%
€ 3.2m
Priit Rum
Communication Managerno datano datano data
Kristiina Säre
Head of Business Banking Department4.6yrsno datano data
Relika Mell
Head of Internal Auditno datano datano data

1.5yrs

Average Tenure

Experienced Management: LHV1T's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Rain Lohmus
Supervisory Board Chairman10yrs€14.50k7.96%
€ 88.3m
Andres Viisemann
Member of Supervisory Board19.7yrs€13.00kno data
Tiina Mois
Member of Supervisory Board18.3yrs€9.50kno data
Tauno Tats
Member of Supervisory Board10yrs€14.50kno data
Raivo Hein
Member of Supervisory Board14.3yrs€14.50kno data
Heldur Meerits
Member of Supervisory Board16.3yrs€12.50kno data
Liisi Znatokov
Member of Supervisory Boardless than a yearno datano data

14.3yrs

Average Tenure

57yo

Average Age

Experienced Board: LHV1T's board of directors are seasoned and experienced ( 14.3 years average tenure).


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