Tessenderlo Group Management
Management criteria checks 2/4
Tessenderlo Group's CEO is Luc Tack, appointed in Dec 2013, has a tenure of 11.83 years. directly owns 61% of the company’s shares, worth €941.22M. The average tenure of the management team and the board of directors is 1.8 years and 2.4 years respectively.
Key information
Luc Tack
Chief executive officer
€54.0k
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | 11.8yrs |
| CEO ownership | 61.0% |
| Management average tenure | 1.8yrs |
| Board average tenure | 2.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2025 | n/a | n/a | -€27m |
| Mar 31 2025 | n/a | n/a | €8m |
| Dec 31 2024 | €54k | n/a | €43m |
| Sep 30 2024 | n/a | n/a | €66m |
| Jun 30 2024 | n/a | n/a | €90m |
| Mar 31 2024 | n/a | n/a | €100m |
| Dec 31 2023 | €56k | n/a | €110m |
| Sep 30 2023 | n/a | n/a | €127m |
| Jun 30 2023 | n/a | n/a | €144m |
| Mar 31 2023 | n/a | n/a | €185m |
| Dec 31 2022 | €43k | n/a | €227m |
| Sep 30 2022 | n/a | n/a | €241m |
| Jun 30 2022 | n/a | n/a | €254m |
| Mar 31 2022 | n/a | n/a | €221m |
| Dec 31 2021 | €37k | n/a | €188m |
| Sep 30 2021 | n/a | n/a | €149m |
| Jun 30 2021 | n/a | n/a | €110m |
| Mar 31 2021 | n/a | n/a | €105m |
| Dec 31 2020 | €1m | €648k | €99m |
| Sep 30 2020 | n/a | n/a | €118m |
| Jun 30 2020 | n/a | n/a | €136m |
| Mar 31 2020 | n/a | n/a | €116m |
| Dec 31 2019 | €1m | €632k | €96m |
| Sep 30 2019 | n/a | n/a | €90m |
| Jun 30 2019 | n/a | n/a | €83m |
| Mar 31 2019 | n/a | n/a | €87m |
| Dec 31 2018 | €2m | €616k | €92m |
Compensation vs Market: Luc's total compensation ($USD63.01K) is below average for companies of similar size in the UK market ($USD2.44M).
Compensation vs Earnings: Luc's compensation has been consistent with company performance over the past year.
CEO
Luc Tack (64 yo)
Mr. Luc Tack has been Chief Executive Officer of Tessenderlo Group NV (formerly known as Tessenderlo Chemie NV) since December 18, 2013 and its Executive Director since November 13, 2013. Mr. Tack has been...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 11.9yrs | €65.85k | no data | |
| CEO & Executive Director | 11.8yrs | €54.00k | 61% € 941.2m | |
| Chief Financial Officer | 1.8yrs | no data | no data | |
| Compliance Officer & Legal Counsel | no data | no data | no data | |
| Chief Transformation Officer | 1.8yrs | no data | no data | |
| Secretary | 15.8yrs | no data | no data |
Experienced Management: TESBB's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 11.9yrs | €65.85k | no data | |
| CEO & Executive Director | 11.9yrs | €54.00k | 61% € 941.2m | |
| Non-Executive Director | 2.4yrs | €54.00k | 7.49% € 115.5m | |
| Independent Non-Executive Director | 2.4yrs | €54.00k | no data | |
| Independent Non-Executive Director | less than a year | no data | no data | |
| Independent Non-Executive Director | 4.4yrs | €85.92k | no data | |
| Non-Executive Director | 2.4yrs | €55.00k | no data | |
| ?Non-Executive Director | less than a year | no data | no data |
Experienced Board: TESBB's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/10/19 05:31 |
| End of Day Share Price | 2025/07/23 00:00 |
| Earnings | 2025/06/30 |
| 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
Tessenderlo Group NV is covered by 6 analysts. 3 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 |
|---|---|
| Mark Gevens | BNP Paribas Exane |
| Kris Kippers | Degroof Petercam |
| Frank Claassen | Degroof Petercam |