AS LHV Group

TLSE:LHV1T Stock Report

Market Cap: €1.1b

AS LHV Group Management

Management criteria checks 4/4

AS LHV Group's CEO is Madis Toomsalu, appointed in Dec 2016, has a tenure of 7.92 years. total yearly compensation is €576.00K, comprised of 33.3% salary and 66.7% bonuses, including company stock and options. directly owns 0.38% of the company’s shares, worth €4.05M. The average tenure of the management team and the board of directors is 2 years and 14.8 years respectively.

Key information

Madis Toomsalu

Chief executive officer

€576.0k

Total compensation

CEO salary percentage33.3%
CEO tenure7.9yrs
CEO ownership0.4%
Management average tenure2yrs
Board average tenure14.8yrs

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 We Think AS LHV Group (TAL:LHV1T) Is Well Worth Watching

Jun 18
Here's Why We Think AS LHV Group (TAL:LHV1T) Is Well Worth Watching

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?

CEO Compensation Analysis

How has Madis Toomsalu's remuneration changed compared to AS LHV Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

€146m

Jun 30 2024n/an/a

€150m

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 ($USD603.46K) is below average for companies of similar size in the EE market ($USD1.04M).

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

CEO

Madis Toomsalu

7.9yrs

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 Board7.9yrs€576.00k0.38%
€ 4.1m
Meelis Paakspuu
CFO & Member of Management Board2yrs€468.00k0.19%
€ 2.0m
Juri Heero
Member of Management Board2yrs€468.00k0.34%
€ 3.6m
Kadri Haldre
Chief Risk Officer & Member of Management Boardno datano datano data
Priit Rum
Communication Managerno datano datano data
Kristiina Säre
Head of Business Banking Department5.1yrsno datano data
Relika Mell
Head of Internal Auditno datano datano data

2.0yrs

Average Tenure

Experienced Management: LHV1T's management team is considered experienced (2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Rain Lohmus
Supervisory Board Chairman10.5yrs€14.50k7.85%
€ 83.7m
Andres Viisemann
Member of Supervisory Board20.2yrs€13.00k10.86%
€ 115.8m
Tiina Mois
Member of Supervisory Board18.8yrs€9.50kno data
Tauno Tats
Member of Supervisory Board10.5yrs€14.50kno data
Raivo Hein
Member of Supervisory Board14.8yrs€14.50kno data
Heldur Meerits
Member of Supervisory Board16.8yrs€12.50kno data
Liisi Znatokov
Member of Supervisory Boardless than a yearno datano data

14.8yrs

Average Tenure

58yo

Average Age

Experienced Board: LHV1T's board of directors are seasoned and experienced ( 14.8 years average tenure).