Elica Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Giulio Cocci

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	3.6yrs
CEO ownership	n/a
Management average tenure	no data
Board average tenure	8.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Giulio Cocci's remuneration changed compared to Elica's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	€2m
Mar 31 2024	n/a	n/a	€6m
Dec 31 2023	n/a	n/a	€10m
Sep 30 2023	n/a	n/a	€13m
Jun 30 2023	n/a	n/a	€12m
Mar 31 2023	n/a	n/a	€15m
Dec 31 2022	€1m	€500k	€17m

Compensation vs Market: Insufficient data to establish whether Giulio's total compensation is reasonable compared to companies of similar size in the UK market.

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

CEO

Giulio Cocci (54 yo)

3.6yrs

Tenure

€1,374,267

Compensation

Giulio Cocci serves as Executive Director and Chief Executive Officer of Elica S.p.A. since March 16, 2021. Giulio Cocci served as Group Chief Financial Officer and Corporate Financial Reporting Manager at...

Board Members

Name	Position	Tenure	Compensation	Ownership
Francesco Casoli	Executive Chairman	18.5yrs	€1.81m	0.26% € 275.2k
Giulio Cocci	CEO & Executive Director	3.6yrs	€1.37m	no data
Elio Catania	Independent Director	9.5yrs	€50.00k	no data
Giovanni Frezzotti	President of the Board of Statutory Auditors	6.8yrs	€7.46k	no data
Angelo Catapano	Independent Director	no data	€43.00k	no data
Susanna Zucchelli	Independent Director	no data	€50.00k	no data
Simona Romagnoli	Statutory Auditor	9.5yrs	no data	no data
Massimiliano Belli	Statutory Auditor	6.8yrs	no data	no data
Monica Nicolini	Lead Independent Director	no data	€44.00k	no data
Liliana Passi	Independent Director	no data	€43.00k	no data
Cristina Casoli	Director	no data	no data	no data
Alice Acciarri	Independent Director	no data	no data	no data

8.1yrs

Average Tenure

62yo

Average Age

Experienced Board: 0EA2's board of directors are considered experienced (8.1 years average tenure).

Elica Management

Management criteria checks 1/4

Key information

Recent management updates

Insufficient new directors

Elica S.p.A., Annual General Meeting, Apr 29, 2021

Recent updates

Insufficient new directors

Investor sentiment improves as stock rises 15%

Now 23% undervalued after recent price drop

Elica S.p.A. to Report Nine Months, 2023 Results on Oct 26, 2023

Third quarter 2023 earnings released: EPS: €0.029 (vs €0.016 in 3Q 2022)

Now 22% undervalued after recent price drop

New minor risk - Earnings quality

Second quarter 2023 earnings released: EPS: €0.07 (vs €0.12 in 2Q 2022)

Upcoming dividend of €0.07 per share at 2.6% yield

First quarter 2023 earnings released: EPS: €0.054 (vs €0.075 in 1Q 2022)

Full year 2022 earnings released: EPS: €0.26 (vs €0.19 in FY 2021)

Now 20% undervalued after recent price drop

Third quarter 2022 earnings released: EPS: €0.016 (vs €0.074 in 3Q 2021)

Elica S.p.A. (BIT:ELC) entered into an agreemnt to acquire remaining 40% stake in Air Force S.p.A. from Urbano Urbani for €3 million.

First quarter 2022 earnings released: EPS: €0.075 (vs €0.038 in 1Q 2021)

Full year 2021 earnings released: EPS: €0.19 (vs €0.028 loss in FY 2020)

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Whirlpool of India Limited (BSE:500238) agreed to acquire additional 38.25% stake in Elica PB India Private Ltd. from Elica S.p.A. (BIT:ELC) for INR 4.2 billion.

Elica S.p.A. (BIT:ELC) completed the acquisition of Electric Motors Company S.r.l. and CPS S.r.l.