EQTEC Management
Management criteria checks 3/4
EQTEC's CEO is David Palumbo, appointed in Sep 2019, has a tenure of 4.58 years. total yearly compensation is €419.00K, comprised of 63.2% salary and 36.8% bonuses, including company stock and options. directly owns 0.34% of the company’s shares, worth £11.25K. The average tenure of the management team and the board of directors is 4.6 years and 4.7 years respectively.
Key information
David Palumbo
Chief executive officer
€419.0k
Total compensation
| CEO salary percentage | 63.2% |
| CEO tenure | 4.6yrs |
| CEO ownership | 0.3% |
| Management average tenure | 4.6yrs |
| Board average tenure | 4.7yrs |
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2023 | n/a | n/a | -€11m |
| Mar 31 2023 | n/a | n/a | -€11m |
| Dec 31 2022 | €419k | €265k | -€11m |
| Sep 30 2022 | n/a | n/a | -€7m |
| Jun 30 2022 | n/a | n/a | -€3m |
| Mar 31 2022 | n/a | n/a | -€4m |
| Dec 31 2021 | €290k | €174k | -€5m |
| Sep 30 2021 | n/a | n/a | -€6m |
| Jun 30 2021 | n/a | n/a | -€8m |
| Mar 31 2021 | n/a | n/a | -€7m |
| Dec 31 2020 | €281k | €281k | -€6m |
| Sep 30 2020 | n/a | n/a | -€5m |
| Jun 30 2020 | n/a | n/a | -€4m |
| Mar 31 2020 | n/a | n/a | -€4m |
| Dec 31 2019 | €249k | €85k | -€4m |
Compensation vs Market: David's total compensation ($USD448.22K) is about average for companies of similar size in the UK market ($USD345.38K).
Compensation vs Earnings: David's compensation has increased whilst the company is unprofitable.
CEO
David Palumbo (47 yo)
4.6yrs
Tenure
€419,000
Compensation
Mr. David Lawrence Palumbo serves as Non-Executive Director at Mindflair Plc (formerly known as Pires Investments plc) since February 01, 2021. He serves as Chief Executive Officer of EQTEC plc since Septe...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 4.6yrs | €419.00k | 0.34% € 11.2k | |
| COO & Executive Director | 3.3yrs | €422.00k | 0.12% € 4.0k | |
| CTO & Executive Director | no data | €276.00k | 1.02% € 34.4k | |
| Chief Process Engineer | 5.7yrs | no data | no data |
4.6yrs
Average Tenure
Experienced Management: EQT's management team is considered experienced (4.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 4.7yrs | €419.00k | 0.34% € 11.2k | |
| COO & Executive Director | 3.3yrs | €422.00k | 0.12% € 4.0k | |
| CTO & Executive Director | 4.7yrs | €276.00k | 1.02% € 34.4k | |
| Independent Non-Executive Director | 6.2yrs | €42.00k | 0.30% € 10.1k | |
| Independent Non-Executive Chairman | no data | €71.00k | 0.040% € 1.3k |
4.7yrs
Average Tenure
57.5yo
Average Age
Experienced Board: EQT's board of directors are considered experienced (4.7 years average tenure).