Iveco Group Management
Management criteria checks 2/4
Iveco Group's CEO is Olof Persson, appointed in Jul 2024, has a tenure of less than a year. total yearly compensation is €1.37M, comprised of 27.3% salary and 72.7% bonuses, including company stock and options. directly owns 0.012% of the company’s shares, worth €494.78K. The average tenure of the management team and the board of directors is 1.1 years and 3.3 years respectively.
Key information
Olof Persson
Chief executive officer
€1.4m
Total compensation
| CEO salary percentage | 27.31% |
| CEO tenure | less than a year |
| CEO ownership | 0.01% |
| Management average tenure | 1.1yrs |
| Board average tenure | 3.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2024 | €1m | €375k | €535m |
| Sep 30 2024 | n/a | n/a | €233m |
| Jun 30 2024 | n/a | n/a | €227m |
| Mar 31 2024 | n/a | n/a | €226m |
| Dec 31 2023 | €150k | n/a | €252m |
| Sep 30 2023 | n/a | n/a | €368m |
| Jun 30 2023 | n/a | n/a | €315m |
| Mar 31 2023 | n/a | n/a | €183m |
| Dec 31 2022 | €155k | n/a | €147m |
Compensation vs Market: Olof's total compensation ($USD1.53M) is below average for companies of similar size in the UK market ($USD2.90M).
Compensation vs Earnings: Olof's compensation has increased by more than 20% in the past year.
CEO
Olof Persson (60 yo)
less than a year
Tenure
€1,372,964
Compensation
Mr. Olof Persson served as Independent Non-Executive Director of Iveco Group N.V. since January 01, 2022 until July 1, 2024 and is its Group Chief Executive Officer and Executive Director since July 1, 202...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairperson | 3.3yrs | €1.39m | 0.071% € 3.0m | |
| Group CEO & Executive Director | less than a year | €1.37m | 0.012% € 494.8k | |
| Chief Financial & Information Technology Officer | 1.4yrs | no data | no data | |
| Chief Quality & Operations Officer | less than a year | no data | no data | |
| Chief Technology & Digital Officer | no data | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Chief Legal & Compliance Officer and Head of Corporate Governance | 3.3yrs | no data | no data | |
| Chief Communications Officer | no data | no data | no data | |
| Chief Human Resources Officer | less than a year | no data | no data | |
| President of Truck Business Unit | no data | no data | no data | |
| President of Powertrain Business Unit | 3.6yrs | no data | no data | |
| President of Bus Business Unit | no data | no data | no data |
1.1yrs
Average Tenure
57yo
Average Age
Experienced Management: IVGM's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairperson | 3.3yrs | €1.39m | 0.071% € 3.0m | |
| Group CEO & Executive Director | 3.3yrs | €1.37m | 0.012% € 494.8k | |
| Senior Independent Non-Executive Director?? | 3.3yrs | €132.00k | 0.013% € 574.5k | |
| Independent Director | 3.3yrs | €150.00k | 0.011% € 478.9k | |
| Independent Non-Executive Director | 3.3yrs | €140.00k | 0.0047% € 203.2k | |
| Non-Executive Director | 3.3yrs | €158.76k | 0.026% € 1.1m | |
| Non-Executive Director | less than a year | no data | no data | |
| Independent Non-Executive Director | 3.3yrs | €169.04k | 0.0052% € 220.8k | |
| Independent Non-Executive Director | 1.1yrs | €93.08k | no data |
3.3yrs
Average Tenure
59yo
Average Age
Experienced Board: IVGM's board of directors are considered experienced (3.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/14 17:10 |
| End of Day Share Price | 2025/05/14 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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 |
| |
| Key Developments | 10 years |
|
* 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
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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 Github.
Analyst Sources
Iveco Group N.V. 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 |
|---|---|
| Jonathan Mounsey | BNP Paribas Exane |
| Miguel Nabeiro Ensinas Serra Borrega | BNP Paribas Exane |
| Virginia Montorsi | BofA Global Research |