Cicor Technologies Management

Management criteria checks 1/4

Cicor Technologies' CEO is Alexander Hagemann, appointed in Sep 2016, has a tenure of 7.58 years. total yearly compensation is CHF1.48M, comprised of 34.2% salary and 65.8% bonuses, including company stock and options. directly owns 0.34% of the company’s shares, worth CHF545.60K. The average tenure of the management team and the board of directors is 2.3 years and 2.8 years respectively.

Key information

Alexander Hagemann

Chief executive officer

CHF1.5m

Total compensation

CEO salary percentage	34.2%
CEO tenure	7.6yrs
CEO ownership	0.3%
Management average tenure	2.3yrs
Board average tenure	2.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Alexander Hagemann's remuneration changed compared to Cicor Technologies's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	CHF1m	CHF508k	CHF6m
Sep 30 2023	n/a	n/a	CHF7m
Jun 30 2023	n/a	n/a	CHF8m
Mar 31 2023	n/a	n/a	CHF6m
Dec 31 2022	CHF1m	CHF500k	CHF4m
Sep 30 2022	n/a	n/a	CHF3m
Jun 30 2022	n/a	n/a	CHF3m
Mar 31 2022	n/a	n/a	CHF5m
Dec 31 2021	CHF1m	CHF500k	CHF7m
Sep 30 2021	n/a	n/a	CHF8m
Jun 30 2021	n/a	n/a	CHF8m
Mar 31 2021	n/a	n/a	CHF6m
Dec 31 2020	CHF764k	CHF500k	CHF4m
Sep 30 2020	n/a	n/a	CHF5m
Jun 30 2020	n/a	n/a	CHF6m
Mar 31 2020	n/a	n/a	CHF7m
Dec 31 2019	CHF929k	CHF500k	CHF8m
Sep 30 2019	n/a	n/a	CHF9m
Jun 30 2019	n/a	n/a	CHF9m
Mar 31 2019	n/a	n/a	CHF9m
Dec 31 2018	CHF935k	CHF502k	CHF10m
Sep 30 2018	n/a	n/a	CHF9m
Jun 30 2018	n/a	n/a	CHF9m
Mar 31 2018	n/a	n/a	CHF8m
Dec 31 2017	CHF954k	CHF503k	CHF7m

Compensation vs Market: Alexander's total compensation ($USD1.62M) is above average for companies of similar size in the UK market ($USD760.97K).

Compensation vs Earnings: Alexander's compensation has increased by more than 20% in the past year.

CEO

Alexander Hagemann (61 yo)

7.6yrs

Tenure

CHF1,484,000

Compensation

Mr. Alexander Hagemann serves as Director of TT Electronics IoT Solutions Limited since March 31, 2024. He has been Chief Executive Officer and Member of Management Board at Cicor Technologies Ltd. since S...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Alexander Hagemann	CEO & Member of Management Board	7.6yrs	CHF1.48m	0.34% CHF 545.6k
Peter Neumann	CFO & Member of the Management Board	2.3yrs	no data	no data
Marco Kechele	Executive VP of Operations & Member of Management Board	1.5yrs	no data	no data
Michael Gotti	Vice President of Corporate Marketing & Communications	no data	no data	no data
Urs Wehinger	Secretary	no data	CHF65.00k	no data

2.3yrs

Average Tenure

57.5yo

Average Age

Experienced Management: 0QPR's management team is considered experienced (2.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Norma Corio	Non-Executive Director	2.8yrs	CHF59.00k	no data
Konstantin Ryzhkov	Non-Executive Director	2.8yrs	no data	no data
Daniel Frutig	Independent Non-Executive Chairman of the Board	3yrs	CHF229.00k	0.15% CHF 240.6k
Denise Koopmans	Non-Executive Director	2yrs	CHF93.00k	0.013% CHF 20.2k

2.8yrs

Average Tenure

61yo

Average Age

Experienced Board: 0QPR's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.

Cicor Technologies Management

Management criteria checks 1/4

Key information

Recent management updates

No independent directors

No independent directors

No independent directors

No independent directors

No independent directors

No independent directors

Recent updates

Cicor Technologies Ltd. (SWX:CICN) completed the acquisition of Business Units in Hartlepool and Cardiff, UK and Dongguan, China of TT Electronics plc from TT Electronics plc (LSE:TTG).

Full year 2023 earnings released: EPS: CHF1.37 (vs CHF1.03 in FY 2022)

Cicor Technologies Ltd acquired 100% stake in Evolution Medtec Srl.

No independent directors

Cicor Technologies Ltd. (SWX:CICN) completed the acquisition of STS Defence Ltd from Key Technologies Ltd.

Cicor Technologies Ltd. to Report Fiscal Year 2023 Results on Mar 06, 2024

Investor sentiment improves as stock rises 16%

Cicor Technologies Ltd. (SWX:CICN) agreed to acquire STS Defence Ltd from Key Technologies Ltd.

No independent directors

New major risk - Financial position

First half 2023 earnings released: EPS: CHF1.11 (vs CHF0.23 in 1H 2022)

Cicor Technologies Ltd. Increases Earnings Guidance for the Year 2023

No independent directors

No independent directors

Full year 2022 earnings released: EPS: CHF1.03 (vs CHF2.57 in FY 2021)

Cicor Technologies Ltd. (SWX:CICN) completed the acquisition of Phoenix Mecano Digital Elektronik Gmbh and Phoenix Mecano Digital Tunisie S.a.r.l. from Phoenix Mecano AG.

Cicor Technologies Ltd. (SWX:CICN) completed the acquisition of Phoenix Mecano Digital Elektronik Gmbh and Phoenix Mecano Digital Tunisie S.a.r.l. from Phoenix Mecano AG.

Cicor Technologies Ltd. to Report Q3, 2023 Results on Oct 16, 2023

Cicor Technologies Ltd. to Report First Half, 2023 Results on Jul 25, 2023

Cicor Technologies Ltd. agreed to acquire Thin-film business of AFT microwave from AFT Microwave GmbH.

No independent directors

Cicor Technologies Ltd. agreed to acquire Phoenix Mecano Digital Elektronik Gmbh and Phoenix Mecano Digital Tunisie S.a.r.l. from Phoenix Mecano AG.

Cicor Technologies Ltd. (SWX:CICN) agreed to acquire Production facility in Vietnam Singapore Industrial Park 1.

No independent directors

Cicor Group Appoints Marco Kechele as Executive Vice President, Effective October 1, 2022

First half 2022 earnings released

Cicor Technologies Ltd. Provides Sales Guidance for Full Year 2022

No independent directors

No independent directors

Cicor Technologies Ltd. to Report First Half, 2022 Results on Aug 11, 2022

No independent directors

No independent directors

Cicor Technologies Ltd. (SWX:CICN) acquired SMT ELEKTRONIK GmbH.

Cicor Technologies Ltd. Announces Executive Changes

Full year 2021 earnings: Revenues exceed analyst expectations

Cicor Technologies Ltd. (SWX:CICN) intends to acquire Electronic Manufacturing activities from Smt Elektronik Gmbh.

Cicor Technologies Ltd. (SWX:CICN) completed the acquisition of Axis Electronics Ltd. from management of Axis Electronics.

Cicor Technologies Ltd. announced that it expects to receive CHF 60 million in funding

Director Rudiger Merz has left the company

Director Rudiger Merz has left the company

Cicor Technologies Ltd. Provides Earnings Guidance for the First Half of 2021

Non-Executive Chairman of the Board Robert Demuth has left the company

Upcoming dividend of CHF1.00 per share

Full year 2020 earnings released: EPS CHF1.44 (vs CHF2.90 in FY 2019)

Revenue beats expectations

Cicor Technologies Ltd. Announces Resignation of Robert Demuth as Board Member and Chairman of the Board of Directors

Cicor Technologies Ltd., Annual General Meeting, Apr 15, 2021

Market bids up stock over the past week

Market bids up stock over the past week

Market bids up stock over the past week

Market bids up stock over the past week

Cicor Technologies Ltd. Announces Executive Changes

Earnings released

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

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Average Age