Elopak Management
Management criteria checks 3/4
Elopak's CEO is Thomas Kormendi, appointed in Apr 2018, has a tenure of 6.08 years. total yearly compensation is €786.64K, comprised of 62.9% salary and 37.1% bonuses, including company stock and options. directly owns 0.13% of the company’s shares, worth NOK12.20M. The average tenure of the management team and the board of directors is 5 years and 3 years respectively.
Key information
Thomas Kormendi
Chief executive officer
€786.6k
Total compensation
CEO salary percentage | 62.9% |
CEO tenure | 6.1yrs |
CEO ownership | 0.1% |
Management average tenure | 5yrs |
Board average tenure | 3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Dec 31 2023 | n/a | n/a | €68m |
Sep 30 2023 | n/a | n/a | €66m |
Jun 30 2023 | n/a | n/a | €60m |
Mar 31 2023 | n/a | n/a | €52m |
Dec 31 2022 | €787k | €495k | €34m |
Sep 30 2022 | n/a | n/a | €23m |
Jun 30 2022 | n/a | n/a | €19m |
Mar 31 2022 | n/a | n/a | €17m |
Dec 31 2021 | n/a | n/a | €30m |
Sep 30 2021 | n/a | n/a | €36m |
Jun 30 2021 | n/a | n/a | €40m |
Mar 31 2021 | n/a | n/a | €43m |
Dec 31 2020 | €594k | €434k | €48m |
Compensation vs Market: Thomas's total compensation ($USD852.54K) is below average for companies of similar size in the UK market ($USD1.35M).
Compensation vs Earnings: Thomas's compensation has been consistent with company performance over the past year.
CEO
Thomas Kormendi (60 yo)
6.1yrs
Tenure
€786,636
Compensation
Mr. Thomas Ralph Kormendi is an Independent Director at Nordic Paper Holding AB (publ) since May 24, 2023. He serves as Chief Executive Officer of Elopak ASA since April 03, 2018 and has been its President...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
President & CEO | 6.1yrs | €786.64k | 0.13% € 12.2m | |
Chief Financial Officer | 5.3yrs | €419.74k | 0.071% € 6.5m | |
Chief Technical Officer | 6.3yrs | €364.16k | 0.025% € 2.3m | |
Chief Human Resources Officer | 4.3yrs | €394.72k | 0.0089% € 812.4k | |
Executive Vice President of Packaging & Procurement | no data | €417.97k | 0.085% € 7.7m | |
Executive Vice President of Region Europe North & CIS | 17.3yrs | €713.69k | 0.083% € 7.5m | |
Executive Vice President of Region Europe South & New Markets | 5yrs | €381.62k | 0.026% € 2.3m | |
Executive Vice President of North America | 4.7yrs | €870.04k | 0.029% € 2.6m | |
Senior Food Microbiologist & Employee Representative Director | no data | €14.85k | 0.00040% € 36.3k | |
Executive Vice President of Equipment & Service | 2.2yrs | €260.12k | 0.0090% € 814.2k | |
Head of Investor Relations | no data | no data | no data | |
Chief Marketing & Communications Officer | less than a year | no data | no data |
5.0yrs
Average Tenure
Experienced Management: 0AB3's management team is seasoned and experienced (5 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Senior Food Microbiologist & Employee Representative Director | 3yrs | €14.85k | 0.00040% € 36.3k | |
Independent Chairperson | less than a year | no data | no data | |
Independent Director | 3.1yrs | €48.00k | no data | |
Independent Director | 3.1yrs | €43.00k | 0.0053% € 482.0k | |
Independent Director | 16.3yrs | no data | no data | |
Director | no data | no data | no data | |
Director | no data | no data | no data | |
Independent Director | 7.3yrs | €40.00k | 0.0066% € 602.7k | |
Deputy Employee-elected Board Member | 2.9yrs | €742.00 | no data | |
Deputy Employee Representative Director | 3.3yrs | no data | no data | |
Employee Representative Director | less than a year | no data | no data | |
Board Observer | no data | no data | no data |
3.0yrs
Average Tenure
57yo
Average Age
Experienced Board: 0AB3's board of directors are not considered experienced ( 3 years average tenure), which suggests a new board.