ENCE Energía y Celulosa Management
Management criteria checks 4/4
We currently do not have sufficient information about the CEO.
Key information
Ignacio de Colmenares y Brunet
Chief executive officer
€135.0k
Total compensation
| CEO salary percentage | 100.00% |
| CEO tenure | 15.3yrs |
| CEO ownership | n/a |
| Management average tenure | 7.2yrs |
| Board average tenure | 7.5yrs |
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2025 | n/a | n/a | -€54m |
| Sep 30 2025 | n/a | n/a | -€31m |
| Jun 30 2025 | n/a | n/a | -€2m |
| Mar 31 2025 | n/a | n/a | €31m |
| Dec 31 2024 | €135k | €135k | €32m |
| Sep 30 2024 | n/a | n/a | €44m |
| Jun 30 2024 | n/a | n/a | €6m |
| Mar 31 2024 | n/a | n/a | -€29m |
| Dec 31 2023 | €135k | €135k | -€25m |
| Sep 30 2023 | n/a | n/a | €152m |
| Jun 30 2023 | n/a | n/a | €198m |
| Mar 31 2023 | n/a | n/a | €265m |
| Dec 31 2022 | €135k | €135k | €247m |
| Sep 30 2022 | n/a | n/a | €69m |
| Jun 30 2022 | n/a | n/a | €49m |
| Mar 31 2022 | n/a | n/a | -€168m |
| Dec 31 2021 | €135k | €135k | -€190m |
| Sep 30 2021 | n/a | n/a | -€177m |
| Jun 30 2021 | n/a | n/a | -€196m |
| Mar 31 2021 | n/a | n/a | -€24m |
| Dec 31 2020 | €135k | €135k | -€26m |
| Sep 30 2020 | n/a | n/a | -€60m |
| Jun 30 2020 | n/a | n/a | -€41m |
| Mar 31 2020 | n/a | n/a | -€20m |
| Dec 31 2019 | €105k | €105k | €9m |
Compensation vs Market: Ignacio's total compensation ($USD155.46K) is below average for companies of similar size in the Spanish market ($USD1.17M).
Compensation vs Earnings: Ignacio's compensation has been consistent with company performance over the past year.
CEO
Ignacio de Colmenares y Brunet (63 yo)
Mr. Ignacio de Colmenares y Brunet served as a Senior Advisor at Artá Capital, SGEIC, S.A. He has been the Chief Executive Officer of ENCE Energia y Celulosa SA since December 2010 and serves as its Managi...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 15.3yrs | €135.00k | no data | |
| Finance | 11.2yrs | no data | no data | |
| Ethics & Compliance Manager | no data | no data | no data | |
| Chief Human Capital Officer | 2.8yrs | no data | no data | |
| General Secretary & Sustainability Officer | no data | no data | no data | |
| Head of Internal Audit | no data | no data | no data | |
| Managing Director of Magnon Green Energy | 3.2yrs | no data | no data |
Experienced Management: ENC's management team is seasoned and experienced (7.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 15.3yrs | €135.00k | no data | |
| Independent External Director | no data | €99.00k | no data | |
| Proprietary External Director | 8yrs | €90.00k | 6.48% € 37.0m | |
| Independent External Director | no data | €110.00k | no data | |
| Proprietary Director | 5yrs | €104.00k | no data | |
| Proprietary External Director | 8.2yrs | €85.00k | no data | |
| Lead Independent Director | 7yrs | €126.00k | no data | |
| Independent Director | 8yrs | €108.00k | no data | |
| Proprietary External Director | 8.3yrs | €104.00k | no data | |
| Independent Director | 5yrs | €105.00k | no data | |
| Independent Director | 4yrs | €94.00k | no data | |
| Proprietary Director | 4yrs | €80.00k | no data |
Experienced Board: ENC's board of directors are considered experienced (7.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/03/12 21:47 |
| End of Day Share Price | 2026/03/12 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
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 |
| |
| 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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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 Github.
Analyst Sources
ENCE Energía y Celulosa, S.A. is covered by 15 analysts. 9 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 |
|---|---|
| Bruno Bessa | Banco BPI, S.A. |
| Andrés Bolumburu Cámara | Banco de Sabadell. S.A. |
| Manuel Lorente Ortega | Banco Santander |
