Marel hf Management

Management criteria checks 2/4

Marel hf's CEO is Arni Sigurdsson, appointed in Nov 2023, has a tenure of less than a year. total yearly compensation is €907.71K, comprised of 13.3% salary and 86.7% bonuses, including company stock and options. directly owns 0.086% of the company’s shares, worth ISK303.38M. The average tenure of the management team and the board of directors is 0.3 years and 7.5 years respectively.

Key information

Arni Sigurdsson

Chief executive officer

€907.7k

Total compensation

CEO salary percentage13.3%
CEO tenureless than a year
CEO ownership0.09%
Management average tenureless than a year
Board average tenure7.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Arni Sigurdsson's remuneration changed compared to Marel hf's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023€908k€121k

€31m

Compensation vs Market: Arni's total compensation ($USD986.21K) is below average for companies of similar size in the UK market ($USD2.51M).

Compensation vs Earnings: Insufficient data to compare Arni's compensation with company performance.


CEO

Arni Sigurdsson (40 yo)

less than a year

Tenure

€907,707

Compensation

Mr. Arni Sigurdsson serves as Chief Executive Officer at Marel hf. since December 11, 2023. He had been a Chief Business Officer and Deputy Chief Executive Officer of Marel hf until November 7, 2023 and se...


Leadership Team

NamePositionTenureCompensationOwnership
Arni Sigurdsson
CEO & Member of Executive Boardless than a year€907.71k0.086%
ISK 303.4m
Sebastiaan Antonius Boelen
Chief Financial Officerno datano datano data
David Oddsson
Chief Human Resource Officer & Member of Executive Boardno datano datano data
Tinna Molphy
Director of Investor Relationsno datano datano data
Arie Tulp
Sales & Marketing Directorno datano datano data
Kristján Þorsteinsson
Director of Finance & Secretaryno datano datano data
Bjarki Bjornsson
Corporate Director of Treasury & Financing9.4yrsno datano data

0.3yrs

Average Tenure

Experienced Management: 0MDB's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Ann Savage
Independent Director11yrs€70.00kno data
Svafa Gronfeldt
Independent Director3yrs€83.00kno data
Arnar Masson
Independent Chairman of the Board23.2yrs€186.00k0.033%
ISK 116.5m
Lillie Valeur
Independent Director4yrs€70.00kno data
Astvaldur Johannsson
Independent Director10yrs€67.00k0.00066%
ISK 2.3m
Ton Van der Laan
Independent Director5yrs€67.00kno data

7.5yrs

Average Tenure

60yo

Average Age

Experienced Board: 0MDB's board of directors are considered experienced (7.5 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/03/20 10:12
End of Day Share Price 2023/12/22 00:00
Earnings2023/12/31
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Marel hf. is covered by 10 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Robert Jan VosABN AMRO Bank N.V.
Eric WilmerABN AMRO Bank N.V.
Beatrice AllenBerenberg