Vastned Retail Management
Management criteria checks 3/4
Vastned Retail's CEO is Reinier Walta, appointed in Dec 2020, has a tenure of 3.33 years. total yearly compensation is €650.42K, comprised of 60% salary and 40% bonuses, including company stock and options. directly owns 0.058% of the company’s shares, worth €221.46K. The average tenure of the management team and the board of directors is 3.1 years and 2 years respectively.
Key information
Reinier Walta
Chief executive officer
€650.4k
Total compensation
| CEO salary percentage | 60.0% |
| CEO tenure | 3.3yrs |
| CEO ownership | 0.06% |
| Management average tenure | 3.1yrs |
| Board average tenure | 2yrs |
Recent management updates
No updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | €650k | €390k | -€19m |
| Sep 30 2023 | n/a | n/a | -€19m |
| Jun 30 2023 | n/a | n/a | -€19m |
| Mar 31 2023 | n/a | n/a | €6m |
| Dec 31 2022 | €706k | €390k | €31m |
| Sep 30 2022 | n/a | n/a | €47m |
| Jun 30 2022 | n/a | n/a | €62m |
| Mar 31 2022 | n/a | n/a | €38m |
| Dec 31 2021 | €732k | €384k | €14m |
| Sep 30 2021 | n/a | n/a | -€7m |
| Jun 30 2021 | n/a | n/a | -€29m |
| Mar 31 2021 | n/a | n/a | -€35m |
| Dec 31 2020 | €424k | €294k | -€41m |
| Sep 30 2020 | n/a | n/a | -€24m |
| Jun 30 2020 | n/a | n/a | -€7m |
| Mar 31 2020 | n/a | n/a | €8m |
| Dec 31 2019 | €521k | €322k | €22m |
| Sep 30 2019 | n/a | n/a | €20m |
| Jun 30 2019 | n/a | n/a | €17m |
| Mar 31 2019 | n/a | n/a | €29m |
| Dec 31 2018 | €619k | €319k | €41m |
| Jun 30 2018 | n/a | n/a | €62m |
| Mar 31 2018 | n/a | n/a | €78m |
| Dec 31 2017 | €543k | €297k | €93m |
Compensation vs Market: Reinier's total compensation ($USD696.53K) is below average for companies of similar size in the UK market ($USD1.04M).
Compensation vs Earnings: Reinier's compensation has been consistent with company performance over the past year.
CEO
Reinier Walta (49 yo)
3.3yrs
Tenure
€650,421
Compensation
Mr. Reinier Walta, LL M., MSRE, serves as Strategic Managing Director at Vastned Belgium NV (formerly known as Vastned Retail Belgium SA) since 2022. He serves as Chief Executive Officer and Managing Direc...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Member of Executive Board | 3.3yrs | €650.42k | 0.058% € 221.5k | |
| Finance Director | 3.1yrs | no data | no data | |
| Director of Legal | 20yrs | no data | no data | |
| Country Manager of France & Head of Asset Management | 3.1yrs | no data | no data | |
| Director ESG & Company Secretary | 2.4yrs | no data | no data |
3.1yrs
Average Tenure
49yo
Average Age
Experienced Management: VASTNA's management team is considered experienced (3.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Chairman of the Supervisory Board | 5yrs | €54.00k | 0.0058% € 22.2k | |
| Member of Supervisory Board | 2yrs | €45.00k | no data | |
| Member of Supervisory Board | 2yrs | €44.00k | no data |
2.0yrs
Average Tenure
62yo
Average Age
Experienced Board: VASTNA's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.