ConvaTec Group Management
Management criteria checks 3/4
ConvaTec Group's CEO is Karim Bitar, appointed in Sep 2019, has a tenure of 5.17 years. total yearly compensation is $5.44M, comprised of 22% salary and 78% bonuses, including company stock and options. directly owns 0.16% of the company’s shares, worth £7.53M. The average tenure of the management team and the board of directors is 4.2 years and 4.3 years respectively.
Key information
Karim Bitar
Chief executive officer
US$5.4m
Total compensation
| CEO salary percentage | 22.0% |
| CEO tenure | 5.2yrs |
| CEO ownership | 0.2% |
| Management average tenure | 4.2yrs |
| Board average tenure | 4.3yrs |
Recent management updates
Recent updates
Does ConvaTec Group (LON:CTEC) Have A Healthy Balance Sheet?
Aug 24
Return Trends At ConvaTec Group (LON:CTEC) Aren't Appealing
Jul 04Calculating The Fair Value Of ConvaTec Group PLC (LON:CTEC)
Jun 09Is ConvaTec Group (LON:CTEC) A Risky Investment?
May 19ConvaTec Group (LON:CTEC) Has Affirmed Its Dividend Of $0.0366
Apr 05Investors Met With Slowing Returns on Capital At ConvaTec Group (LON:CTEC)
Mar 30ConvaTec Group's (LON:CTEC) Dividend Will Be $0.0366
Mar 12Calculating The Intrinsic Value Of ConvaTec Group Plc (LON:CTEC)
Feb 27Investors Met With Slowing Returns on Capital At ConvaTec Group (LON:CTEC)
Dec 17Estimating The Intrinsic Value Of ConvaTec Group Plc (LON:CTEC)
Nov 29Does ConvaTec Group (LON:CTEC) Have A Healthy Balance Sheet?
Oct 04Returns At ConvaTec Group (LON:CTEC) Appear To Be Weighed Down
Sep 13A Look At The Fair Value Of ConvaTec Group Plc (LON:CTEC)
Aug 26ConvaTec Group (LON:CTEC) Is Paying Out A Dividend Of $0.0141
Aug 07Here's Why ConvaTec Group (LON:CTEC) Can Manage Its Debt Responsibly
Jun 22ConvaTec Group (LON:CTEC) Has Some Way To Go To Become A Multi-Bagger
Jun 07Is There An Opportunity With ConvaTec Group Plc's (LON:CTEC) 29% Undervaluation?
May 18ConvaTec Group's (LON:CTEC) Dividend Will Be Increased To UK£0.032
Mar 25We Think ConvaTec Group (LON:CTEC) Can Stay On Top Of Its Debt
Mar 09ConvaTec Group (LON:CTEC) Has Some Way To Go To Become A Multi-Bagger
Feb 16Is ConvaTec Group Plc (LON:CTEC) Trading At A 36% Discount?
Dec 22Here's Why ConvaTec Group (LON:CTEC) Can Manage Its Debt Responsibly
Dec 05Slowing Rates Of Return At ConvaTec Group (LON:CTEC) Leave Little Room For Excitement
Oct 29Estimating The Intrinsic Value Of ConvaTec Group Plc (LON:CTEC)
Sep 17Is ConvaTec Group (LON:CTEC) Using Too Much Debt?
Sep 02ConvaTec Group (LON:CTEC) Has Affirmed Its Dividend Of UK£0.012
Aug 03ConvaTec Group's (LON:CTEC) Returns On Capital Are Heading Higher
Jul 31Calculating The Intrinsic Value Of ConvaTec Group Plc (LON:CTEC)
Jun 07Here's Why ConvaTec Group (LON:CTEC) Can Manage Its Debt Responsibly
May 20The Returns At ConvaTec Group (LON:CTEC) Aren't Growing
Apr 29Is Convatec Group Plc (LON:CTEC) A Great Dividend Stock?
Mar 20Convatec Group's (LON:CTEC) Shareholders Are Down 10% On Their Shares
Mar 05CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | US$153m |
| Mar 31 2024 | n/a | n/a | US$142m |
| Dec 31 2023 | US$5m | US$1m | US$130m |
| Sep 30 2023 | n/a | n/a | US$100m |
| Jun 30 2023 | n/a | n/a | US$70m |
| Mar 31 2023 | n/a | n/a | US$67m |
| Dec 31 2022 | US$5m | US$1m | US$63m |
| Sep 30 2022 | n/a | n/a | US$72m |
| Jun 30 2022 | n/a | n/a | US$80m |
| Mar 31 2022 | n/a | n/a | US$99m |
| Dec 31 2021 | US$5m | US$1m | US$118m |
| Sep 30 2021 | n/a | n/a | US$128m |
| Jun 30 2021 | n/a | n/a | US$139m |
| Mar 31 2021 | n/a | n/a | US$126m |
| Dec 31 2020 | US$4m | US$1m | US$113m |
| Sep 30 2020 | n/a | n/a | US$68m |
| Jun 30 2020 | n/a | n/a | US$24m |
| Mar 31 2020 | n/a | n/a | US$17m |
| Dec 31 2019 | US$9m | US$294k | US$10m |
Compensation vs Market: Karim's total compensation ($USD5.44M) is above average for companies of similar size in the UK market ($USD3.25M).
Compensation vs Earnings: Karim's compensation has been consistent with company performance over the past year.
CEO
Karim Bitar (59 yo)
5.2yrs
Tenure
US$5,435,794
Compensation
Mr. Karim Bitar serves as Chief Executive Officer and Director at Convatec Group Plc since September 30, 2019. Mr. Bitar served as the Chief Executive Officer of Genus plc from September 30, 2011 to Septem...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 5.2yrs | US$5.44m | 0.16% £ 7.6m | |
| Group CFO & Director | 2.7yrs | US$2.02m | 0.0024% £ 116.4k | |
| Executive VP and Chief Quality & Operations Officer | 2.8yrs | no data | no data | |
| Executive VP | 4.8yrs | no data | no data | |
| Vice President of Investor Relations & Corporate Communications | no data | no data | no data | |
| Executive VP | 3.6yrs | no data | no data | |
| Interim Chief People Officer | no data | no data | no data | |
| President & COO of Infusion Care | 6.8yrs | no data | no data | |
| President & COO of Global Advanced Wound Care | 4.8yrs | no data | no data | |
| President and COO of Continence Care & Home Services Group | 4.8yrs | no data | no data | |
| President & COO of Ostomy Care | 3.2yrs | no data | no data | |
| President & COO of Global Emerging Markets | 2.8yrs | no data | no data |
4.2yrs
Average Tenure
59.5yo
Average Age
Experienced Management: CTEC's management team is considered experienced (4.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 5.2yrs | US$5.44m | 0.16% £ 7.6m | |
| Group CFO & Director | 2.7yrs | US$2.02m | 0.0024% £ 116.4k | |
| Independent Chairman | 5.2yrs | US$427.06k | 0.0011% £ 53.9k | |
| Independent Non-Executive Director | 4.3yrs | US$103.26k | 0.00049% £ 23.4k | |
| Independent Non-Executive Director | 2.8yrs | US$104.53k | 0.00049% £ 23.4k | |
| Senior Independent Director | 7.3yrs | US$154.25k | 0.00049% £ 23.4k | |
| Independent Non-Executive Director | 4.7yrs | US$124.93k | 0.0012% £ 58.2k | |
| Independent Non-Executive Director | 2.7yrs | US$117.28k | 0.00016% £ 7.6k | |
| Independent Non-Executive Director | 4.2yrs | US$99.44k | 0.0011% £ 54.4k |
4.3yrs
Average Tenure
60yo
Average Age
Experienced Board: CTEC's board of directors are considered experienced (4.3 years average tenure).