AS Tallinna Vesi Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Aleksandr Timofejev

Chief executive officer

€129.0k

Total compensation

CEO salary percentage	87.6%
CEO tenure	11.5yrs
CEO ownership	n/a
Management average tenure	2.4yrs
Board average tenure	3yrs

Recent management updates

Recent updates

AS Tallinna Vesi (TAL:TVE1T) Has Announced That Its Dividend Will Be Reduced To €0.33

Jun 03

Is AS Tallinna Vesi's (TAL:TVEAT) Recent Stock Performance Influenced By Its Financials In Any Way?

Mar 09

Is AS Tallinna Vesi (TAL:TVEAT) A Risky Investment?

Feb 21

Will AS Tallinna Vesi (TAL:TVEAT) Multiply In Value Going Forward?

Feb 03

We're Not So Sure You Should Rely on AS Tallinna Vesi's (TAL:TVEAT) Statutory Earnings

Jan 19

Is AS Tallinna Vesi (TAL:TVEAT) A Good Dividend Stock?

Jan 03

Shareholders Of AS Tallinna Vesi (TAL:TVEAT) Must Be Happy With Their 55% Return

Dec 17

Calculating The Fair Value Of AS Tallinna Vesi (TAL:TVEAT)

Dec 04

CEO Compensation Analysis

How has Aleksandr Timofejev's remuneration changed compared to AS Tallinna Vesi's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	€129k	€113k	€13m
Sep 30 2023	n/a	n/a	€12m
Jun 30 2023	n/a	n/a	€10m
Mar 31 2023	n/a	n/a	€9m
Dec 31 2022	€125k	€107k	€8m

Compensation vs Market: Aleksandr's total compensation ($USD137.48K) is below average for companies of similar size in the EE market ($USD576.27K).

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

CEO

Aleksandr Timofejev (37 yo)

11.5yrs

Tenure

€129,000

Compensation

Mr. Aleksandr Timofejev serves as Member of Management Board at AS Tallinna Vesi since November 2011 and serves as its Chief Executive Officer since May 2021 and serves as its Chairman of the Management Bo...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Aleksandr Timofejev	CEO & Chairman of the Management Board	11.5yrs	€129.00k	no data
Taavi Groon	CFO & Member of Management Board	1.9yrs	€104.00k	no data
Tarvi Thomberg	Chief Asset Management Officer & Member of the Management Board	2.4yrs	€110.00k	no data

2.4yrs

Average Tenure

Experienced Management: TVE1T's management team is considered experienced (2.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Andrei Korobeinik	Member of the Supervisory Council	3yrs	no data	no data
Mart Magi	Member of the Supervisory Council	3yrs	no data	no data
Niall Mills	Member of the Supervisory Council	3yrs	no data	no data
Priit Lello	Vice Chairman of the Supervisory Council	12.4yrs	no data	no data
Priit Rohumaa	Independent Member of the Supervisory Council	6.8yrs	no data	no data
Robert Kitt	Member of the Supervisory Council	3yrs	no data	no data
Priit Koit	Chairman of the Supervisory Council	3yrs	no data	no data
Silver Tamm	Member of the Supervisory Council	2.3yrs	no data	no data
Gerli Kivisoo	Independent Member of the Supervisory Council	less than a year	no data	no data

3.0yrs

Average Tenure

Experienced Board: TVE1T's board of directors are considered experienced (3 years average tenure).

AS Tallinna Vesi Management

Management criteria checks 4/4

Key information

Recent management updates

AS Tallinna Vesi Appoints Gerlikivisoo as Member of Audit Committee

AS Tallinna Vesi Elects Gerli Kivisoo as A New Supervisory Council Member, Effective 2 June 2023

AS Tallinna Vesi to Recall Allar Jõks from the Supervisory Council

AS Tallinna Vesi Appoints Taavi Gröön as Chief Financial Officer, Effective May 23, 2022

AS Tallinna Vesi Appoints Taavi Gröön as Member of the Management Board, Effective May 23, 2022

AS Tallinna Vesi Announces Resignation of Kristi Ojakäär as Member of the Management Board

Recent updates

Full year 2023 earnings released: EPS: €0.64 (vs €0.42 in FY 2022)

AS Tallinna Vesi Proposes to Distribute Dividends for 2023, Payable on 27 June 2024

Full year 2023 earnings released: EPS: €0.64 (vs €0.42 in FY 2022)

Tallinn Circuit Court Dismisses the Appeal Submitted by Tallinn University of Technology Against AS Tallinna Vesi

Harju County Court Dismisses the Claim Submitted by AS Saarmas against AS Tallinna Vesi

AS Tallinna Vesi to Report Fiscal Year 2023 Results on Apr 05, 2024

Third quarter 2023 earnings released: EPS: €0.20 (vs €0.11 in 3Q 2022)

Second quarter 2023 earnings released: EPS: €0.12 (vs €0.048 in 2Q 2022)

AS Tallinna Vesi Appoints Gerlikivisoo as Member of Audit Committee

Upcoming dividend of €0.33 per share at 2.7% yield

Harju County Court Dismisses the Claim Submitted by Tallinn University of Technology against AS Tallinna Vesi

AS Tallinna Vesi (TAL:TVE1T) Has Announced That Its Dividend Will Be Reduced To €0.33

AS Tallinna Vesi Elects Gerli Kivisoo as A New Supervisory Council Member, Effective 2 June 2023

AS Tallinna Vesi's (TAL:TVE1T) Dividend Will Be Reduced To €0.33

AS Tallinna Vesi to Recall Allar Jõks from the Supervisory Council

First quarter 2023 earnings released: EPS: €0.17 (vs €0.14 in 1Q 2022)

Full year 2022 earnings: EPS and revenues miss analyst expectations

AS Tallinna Vesi to Report Q3, 2023 Results on Oct 27, 2023

Price target decreased to €11.00

Third quarter 2022 earnings released: EPS: €0.05 (vs €0.27 in 3Q 2021)

Second quarter 2022 earnings released: EPS: €0.048 (vs €0.15 in 2Q 2021)

AS Tallinna Vesi (TAL:TVE1T) Is Due To Pay A Dividend Of €0.65

AS Tallinna Vesi Announces Dividend, Payable on 29 June 2022

Upcoming dividend of €0.65 per share

First quarter 2022 earnings: Revenues in line with analyst expectations

Price target decreased to €11.00

AS Tallinna Vesi Appoints Taavi Gröön as Chief Financial Officer, Effective May 23, 2022

AS Tallinna Vesi Appoints Taavi Gröön as Member of the Management Board, Effective May 23, 2022

Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind

AS Tallinna Vesi Announces Resignation of Kristi Ojakäär as Member of the Management Board

Harju County Court Accepts A Claim Brought by OÜ Salinee Against AS Tallinna Vesi for the Compensation of an Allegedly Overpaid Price for the Consumed Water Services

Third quarter 2021 earnings released

Second quarter 2021 earnings released: EPS €0.15 (vs €0.008 in 2Q 2020)

Upcoming dividend of €0.65 per share

AS Tallinna Vesi Approves Dividend for 2020, Payable on June 29, 2021

First quarter 2021 earnings released: EPS €0.23 (vs €0.28 in 1Q 2020)

Is AS Tallinna Vesi (TAL:TVEAT) A Good Dividend Stock?

Member of the Supervisory Board has left the company

Chairman of the Supervisory Board Simon Gardiner has left the company

Chairman of the Management Board & CEO Karl Brookes has left the company

Full year 2020 earnings released: EPS €0.84 (vs €1.39 in FY 2019)

Is AS Tallinna Vesi's (TAL:TVEAT) Recent Stock Performance Influenced By Its Financials In Any Way?

Is AS Tallinna Vesi (TAL:TVEAT) A Risky Investment?

Will AS Tallinna Vesi (TAL:TVEAT) Multiply In Value Going Forward?

Full year 2020 earnings released

Earnings beat expectations, revenue disappoints

AS Tallinna Vesi (TLSE:TVEAT) acquired ASTV Green Energy OÜ.

New 90-day high: €14.05

We're Not So Sure You Should Rely on AS Tallinna Vesi's (TAL:TVEAT) Statutory Earnings

Is AS Tallinna Vesi (TAL:TVEAT) A Good Dividend Stock?

New 90-day high: €13.25

Shareholders Of AS Tallinna Vesi (TAL:TVEAT) Must Be Happy With Their 55% Return

Calculating The Fair Value Of AS Tallinna Vesi (TAL:TVEAT)

New 90-day high: €12.95

AS Tallinna Vesi to Report Q3, 2021 Results on Oct 29, 2021

Third quarter earnings released

TVE to Report Q3, 2010 Results on 10/22/2010

New 90-day low - €12.45

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure