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VEON Management
Management criteria checks 1/4
VEON's CEO is Muhterem Terzioglu, appointed in Jun 2021, has a tenure of 3.42 years. total yearly compensation is $7.85M, comprised of 18.2% salary and 81.8% bonuses, including company stock and options. directly owns 0.051% of the company’s shares, worth €1.13M. The average tenure of the management team and the board of directors is 2.7 years and 1.4 years respectively.
Key information
Muhterem Terzioglu
Chief executive officer
US$7.8m
Total compensation
CEO salary percentage
18.23%
CEO tenure
3.4yrs
CEO ownership
0.05%
Management average tenure
2.7yrs
Board average tenure
1.4yrs
Recent management updates
Recent updates
CEO Compensation Analysis
How has Muhterem Terzioglu's remuneration changed compared to VEON's earnings?
Date
Total Compensation
Salary
Company Earnings
Jun 30 2024
n/a
n/a
US$308m
Mar 31 2024
n/a
n/a
US$367m
Dec 31 2023
US$8m
US$1m
US$302m
Sep 30 2023
n/a
n/a
US$476m
Jun 30 2023
n/a
n/a
US$512m
Mar 31 2023
n/a
n/a
US$381m
Dec 31 2022
US$6m
US$1m
US$580m
Sep 30 2022
n/a
n/a
US$44m
Jun 30 2022
n/a
n/a
-US$26m
Mar 31 2022
n/a
n/a
US$70m
Dec 31 2021
US$7m
US$2m
-US$7m
Sep 30 2021
n/a
n/a
US$274m
Jun 30 2021
n/a
n/a
-US$447m
Mar 31 2021
n/a
n/a
-US$418m
Dec 31 2020
US$3m
US$2m
US$61m
Sep 30 2020
n/a
n/a
-US$393m
Jun 30 2020
n/a
n/a
US$285m
Mar 31 2020
n/a
n/a
US$234m
Dec 31 2019
US$1m
US$247k
US$520m
Compensation vs Market: Muhterem's total compensation ($USD7.85M) is above average for companies of similar size in the UK market ($USD2.08M).
Compensation vs Earnings: Muhterem's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Muhterem Terzioglu (56 yo)
3.4yrs
Tenure
US$7,845,840
Compensation
Mr. Muhterem Kaan Terzioglu serves as Board chair at Private Joint Stock Company Kyivstar since November 2023. He has been Director at VEON Holdings B.V. He served as the Chairman of Supervisory Board at P...
Leadership Team
Name
Position
Tenure
Compensation
Ownership
Augie Fabela
Co-Founder & Independent Chairman
2.4yrs
US$626.82k
0.13% € 3.0m
Muhterem Terzioglu
Group CEO & Director
3.4yrs
US$7.85m
0.051% € 1.1m
Joop Brakenhoff
Group Chief Financial Officer
1.5yrs
US$2.78m
0.0082% € 182.2k
Asabi Doris
Group General Counsel
2yrs
US$1.89m
no data
Aleksandr Krupnov
President
9.4yrs
no data
no data
Dmitry Zimin
Founder & Honorary President
14.5yrs
no data
no data
Inanc Cakiroglu
Chief Information Officer
less than a year
no data
no data
Faisal Ghori
Group Director of Investor Relations
1.3yrs
no data
no data
Hande Asik
Group Director of Communications & Strategy
less than a year
no data
no data
Philip Sapronov
Sales Director
10.8yrs
no data
no data
Jameel Asghar
Group Head of People
less than a year
no data
no data
Andrey Pyatakhin
Chief Executive Officer of Beeline Kyrgyzstan
11.4yrs
no data
no data
2.7yrs
Average Tenure
56yo
Average Age
Experienced Management: VEONA's management team is considered experienced (2.7 years average tenure).
Board Members
Name
Position
Tenure
Compensation
Ownership
Augie Fabela
Co-Founder & Independent Chairman
2.4yrs
US$626.82k
0.13% € 3.0m
Muhterem Terzioglu
Group CEO & Director
1.4yrs
US$7.85m
0.051% € 1.1m
Andrei Gusev
Non-Independent Director
6.3yrs
US$602.49k
no data
Duncan Perry
Independent Director
less than a year
no data
no data
Michiel Soeting
Independent Non-Executive Director
2.7yrs
US$655.63k
no data
Michael Pompeo
Independent Director
less than a year
no data
no data
Brandon Lewis
Independent Director
less than a year
no data
no data
1.4yrs
Average Tenure
57yo
Average Age
Experienced Board: VEONA's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2024/11/13 23:56
End of Day Share Price
2024/08/16 00:00
Earnings
2024/06/30
Annual Earnings
2023/12/31
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.
* 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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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
VEON Ltd. is covered by 24 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.