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 8.08 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 €4.09M. The average tenure of the management team and the board of directors is 2.2 years and 15 years respectively.
Key information
Madis Toomsalu
Chief executive officer
€576.0k
Total compensation
| CEO salary percentage | 33.3% |
| CEO tenure | 8.1yrs |
| CEO ownership | 0.4% |
| Management average tenure | 2.2yrs |
| Board average tenure | 15yrs |
Recent management updates
Recent updates
Here's Why We Think AS LHV Group (TAL:LHV1T) Is Well Worth Watching
Jun 18
Here's Why AS LHV Group's (TAL:LHV1T) CEO May Deserve A Raise
Mar 14With EPS Growth And More, AS LHV Group (TAL:LHV1T) Makes An Interesting Case
Jan 05Here's Why We Think AS LHV Group (TAL:LHV1T) Is Well Worth Watching
Sep 08Does AS LHV Group (TAL:LHV1T) Deserve A Spot On Your Watchlist?
Aug 13Is Now The Time To Put AS LHV Group (TAL:LHV1T) On Your Watchlist?
Apr 12AS LHV Group (TAL:LHV1T) Is Increasing Its Dividend To €0.40
Mar 07Here's Why I Think AS LHV Group (TAL:LHV1T) Is An Interesting Stock
Jan 05CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | €146m |
| Jun 30 2024 | n/a | n/a | €150m |
| Mar 31 2024 | n/a | n/a | €147m |
| Dec 31 2023 | €576k | €192k | €140m |
| Sep 30 2023 | n/a | n/a | €131m |
| Jun 30 2023 | n/a | n/a | €102m |
| Mar 31 2023 | n/a | n/a | €81m |
| Dec 31 2022 | €501k | €189k | €60m |
| Sep 30 2022 | n/a | n/a | €55m |
| Jun 30 2022 | n/a | n/a | €60m |
| Mar 31 2022 | n/a | n/a | €59m |
| Dec 31 2021 | €444k | €156k | €58m |
| Sep 30 2021 | n/a | n/a | €57m |
| Jun 30 2021 | n/a | n/a | €51m |
| Mar 31 2021 | n/a | n/a | €42m |
| Dec 31 2020 | €344k | €144k | €38m |
| Sep 30 2020 | n/a | n/a | €26m |
| Jun 30 2020 | n/a | n/a | €23m |
| Mar 31 2020 | n/a | n/a | €27m |
| Dec 31 2019 | €288k | €144k | €25m |
| Sep 30 2019 | n/a | n/a | €25m |
| Jun 30 2019 | n/a | n/a | €24m |
| Mar 31 2019 | n/a | n/a | €23m |
| Dec 31 2018 | €236k | €136k | €22m |
Compensation vs Market: Madis's total compensation ($USD593.39K) is below average for companies of similar size in the EE market ($USD995.76K).
Compensation vs Earnings: Madis's compensation has been consistent with company performance over the past year.
CEO
Madis Toomsalu
8.1yrs
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, Group MD & Chairman of Management Board | 8.1yrs | €576.00k | 0.38% € 4.1m | |
| CFO & Member of Management Board | 2.2yrs | €468.00k | 0.19% € 2.0m | |
| Member of Management Board | 2.2yrs | €468.00k | 0.34% € 3.6m | |
| Chief Risk Officer & Member of Management Board | less than a year | no data | no data | |
| Communication Manager | no data | no data | no data | |
| Head of Business Banking Department | 5.3yrs | no data | no data | |
| Head of Internal Audit | no data | no data | no data |
2.2yrs
Average Tenure
Experienced Management: LHV1T's management team is considered experienced (2.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Supervisory Board Chairman | 10.7yrs | €14.50k | 7.85% € 84.5m | |
| Member of Supervisory Board | 20.3yrs | €13.00k | 10.86% € 116.9m | |
| Member of Supervisory Board | 19yrs | €9.50k | no data | |
| Member of Supervisory Board | 10.7yrs | €14.50k | no data | |
| Member of Supervisory Board | 15yrs | €14.50k | no data | |
| Member of Supervisory Board | 17yrs | €12.50k | no data | |
| Member of Supervisory Board | less than a year | no data | no data |
15.0yrs
Average Tenure
58yo
Average Age
Experienced Board: LHV1T's board of directors are seasoned and experienced ( 15 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/03 16:26 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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
AS LHV Group is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Andrej Rodionov | Swedbank AS |
| Andrej Rodionov | Swedbank Large Corporates & Institutions |