Tessenderlo Group Management
Management criteria checks 2/4
Tessenderlo Group's CEO is Luc Tack, appointed in Dec 2013, has a tenure of 10.33 years. directly owns 40.58% of the company’s shares, worth €812.38M. The average tenure of the management team and the board of directors is 0.3 years and 6.8 years respectively.
Key information
Luc Tack
Chief executive officer
€56.0k
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | 10.3yrs |
| CEO ownership | 40.6% |
| Management average tenure | less than a year |
| Board average tenure | 6.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 |
| Sep 30 2018 | n/a | n/a | €77m |
| Jun 30 2018 | n/a | n/a | €63m |
| Mar 31 2018 | n/a | n/a | €44m |
| Dec 31 2017 | €1m | €600k | €26m |
Compensation vs Market: Luc's total compensation ($USD59.91K) is below average for companies of similar size in the UK market ($USD2.28M).
Compensation vs Earnings: Luc's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Luc Tack (62 yo)
10.3yrs
Tenure
€56,000
Compensation
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 | 10.4yrs | €188.50k | no data | |
| CEO & Executive Director | 10.3yrs | €56.00k | 40.58% € 812.4m | |
| Chief Financial Officer | less than a year | no data | no data | |
| Finance and Investor Relations Officer | no data | no data | no data | |
| Compliance Officer & Legal Counsel | no data | no data | no data | |
| Chief Transformation Officer | less than a year | no data | no data | |
| Secretary | 14.3yrs | no data | no data |
0.3yrs
Average Tenure
Experienced Management: 0KCP's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 10.4yrs | €188.50k | no data | |
| CEO & Executive Director | 10.4yrs | €56.00k | 40.58% € 812.4m | |
| Non-Executive Director | less than a year | €36.91k | 7.49% € 150.0m | |
| Non-Executive Director | 19.1yrs | €56.00k | no data | |
| Independent Non-Executive Director | 6.8yrs | €56.00k | no data | |
| Independent Non-Executive Director | less than a year | €36.91k | no data | |
| Independent Non-Executive Director | 6.8yrs | €61.00k | no data | |
| Independent Non-Executive Director | 2.9yrs | €56.00k | no data | |
| Non-Executive Director | less than a year | €36.91k | no data |
6.8yrs
Average Tenure
62.5yo
Average Age
Experienced Board: 0KCP's board of directors are considered experienced (6.8 years average tenure).