We Think Shareholders Will Probably Be Generous With HELLENiQ ENERGY Holdings S.A.'s (ATH:ELPE) CEO Compensation

Key Insights

• HELLENiQ ENERGY Holdings to hold its Annual General Meeting on 28th of December
• CEO Andreas Shiamishis' total compensation includes salary of €632.4k
• Total compensation is similar to the industry average
• HELLENiQ ENERGY Holdings' EPS grew by 62% over the past three years while total shareholder return over the past three years was 70%

It would be hard to discount the role that CEO Andreas Shiamishis has played in delivering the impressive results at HELLENiQ ENERGY Holdings S.A. (ATH:ELPE) recently. Coming up to the next AGM on 28th of December, shareholders would be keeping this in mind. The focus will probably be on the future company strategy as shareholders cast their votes on resolutions such as executive remuneration and other matters. In light of the great performance, we discuss the case why we think CEO compensation is not excessive.

Check out our latest analysis for HELLENiQ ENERGY Holdings

How Does Total Compensation For Andreas Shiamishis Compare With Other Companies In The Industry?

At the time of writing, our data shows that HELLENiQ ENERGY Holdings S.A. has a market capitalization of €2.2b, and reported total annual CEO compensation of €1.2m for the year to December 2022. We note that's an increase of 37% above last year. In particular, the salary of €632.4k, makes up a fairly large portion of the total compensation being paid to the CEO.

On examining similar-sized companies in the Greece Oil and Gas industry with market capitalizations between €1.8b and €5.8b, we discovered that the median CEO total compensation of that group was €1.3m. This suggests that HELLENiQ ENERGY Holdings remunerates its CEO largely in line with the industry average.

Component	2022	2021	Proportion (2022)
Salary	€632k	€583k	51%
Other	€610k	€323k	49%
Total Compensation	€1.2m	€906k	100%

Talking in terms of the industry, salary represented approximately 60% of total compensation out of all the companies we analyzed, while other remuneration made up 40% of the pie. It's interesting to note that HELLENiQ ENERGY Holdings allocates a smaller portion of compensation to salary in comparison to the broader industry. If salary is the major component in total compensation, it suggests that the CEO receives a higher fixed proportion of the total compensation, regardless of performance.

HELLENiQ ENERGY Holdings S.A.'s Growth

HELLENiQ ENERGY Holdings S.A.'s earnings per share (EPS) grew 62% per year over the last three years. In the last year, its revenue is down 5.4%.

Overall this is a positive result for shareholders, showing that the company has improved in recent years. While it would be good to see revenue growth, profits matter more in the end. Moving away from current form for a second, it could be important to check this free visual depiction of what analysts expect for the future.

Has HELLENiQ ENERGY Holdings S.A. Been A Good Investment?

Most shareholders would probably be pleased with HELLENiQ ENERGY Holdings S.A. for providing a total return of 70% over three years. This strong performance might mean some shareholders don't mind if the CEO were to be paid more than is normal for a company of its size.

To Conclude...

Seeing that the company has put in a relatively good performance, the CEO remuneration policy may not be the focus at the AGM. Instead, investors might be more interested in discussions that would help manage their longer-term growth expectations such as company business strategies and future growth potential.

We can learn a lot about a company by studying its CEO compensation trends, along with looking at other aspects of the business. In our study, we found 4 warning signs for HELLENiQ ENERGY Holdings you should be aware of, and 1 of them is potentially serious.

Of course, you might find a fantastic investment by looking at a different set of stocks. So take a peek at this free list of interesting companies.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.