Why We Think The CEO Of Titan Cement International S.A. (ATH:TITC) May Soon See A Pay Rise

Key Insights

• Titan Cement International to hold its Annual General Meeting on 8th of May
• CEO Michael Colakides' total compensation includes salary of €477.6k
• The total compensation is 47% less than the average for the industry
• Titan Cement International's total shareholder return over the past three years was 245% while its EPS grew by 47% over the past three years

We've discovered 1 warning sign about Titan Cement International. View them for free.

The impressive results at Titan Cement International S.A. (ATH:TITC) recently will be great news for shareholders. At the upcoming AGM on 8th of May, they would be interested to hear about the company strategy going forward and get a chance to cast their votes on resolutions such as executive remuneration and other company matters. Here we will show why we think CEO compensation is appropriate and discuss the case for a pay rise.

Check out our latest analysis for Titan Cement International

How Does Total Compensation For Michael Colakides Compare With Other Companies In The Industry?

At the time of writing, our data shows that Titan Cement International S.A. has a market capitalization of €3.0b, and reported total annual CEO compensation of €1.1m for the year to December 2024. That's a modest increase of 7.0% on the prior year. While this analysis focuses on total compensation, it's worth acknowledging that the salary portion is lower, valued at €478k.

On comparing similar companies from the Greece Basic Materials industry with market caps ranging from €1.8b to €5.7b, we found that the median CEO total compensation was €2.1m. This suggests that Michael Colakides is paid below the industry median.

Component	2024	2023	Proportion (2024)
Salary	€478k	€458k	43%
Other	€641k	€588k	57%
Total Compensation	€1.1m	€1.0m	100%

Talking in terms of the industry, salary represented approximately 55% of total compensation out of all the companies we analyzed, while other remuneration made up 45% of the pie. In Titan Cement International's case, non-salary compensation represents a greater slice of total remuneration, in comparison to the broader industry. If total compensation is slanted towards non-salary benefits, it indicates that CEO pay is linked to company performance.

A Look at Titan Cement International S.A.'s Growth Numbers

Titan Cement International S.A.'s earnings per share (EPS) grew 47% per year over the last three years. In the last year, its revenue is up 3.8%.

This demonstrates that the company has been improving recently and is good news for the shareholders. It's nice to see revenue heading northwards, as this is consistent with healthy business conditions. 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 Titan Cement International S.A. Been A Good Investment?

Most shareholders would probably be pleased with Titan Cement International S.A. for providing a total return of 245% over three years. So they may not be at all concerned if the CEO were to be paid more than is normal for companies around the same size.

In Summary...

The company's solid performance might have made most shareholders happy, possibly making CEO remuneration the least of the matters to be discussed in the AGM. In fact, strategic decisions that could impact the future of the business might be a far more interesting topic for investors as it would help them set their longer-term expectations.

CEO compensation is a crucial aspect to keep your eyes on but investors also need to keep their eyes open for other issues related to business performance. That's why we did some digging and identified 1 warning sign for Titan Cement International that you should be aware of before investing.

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.