LAMDA Development Management
Management criteria checks 2/4
LAMDA Development's CEO is Odisseas Athanasiou, appointed in Jan 2009, has a tenure of 16.25 years. total yearly compensation is €3.29M, comprised of 19.7% salary and 80.3% bonuses, including company stock and options. directly owns 1.13% of the company’s shares, worth €13.13M. The average tenure of the management team and the board of directors is 3 years and 4.8 years respectively.
Key information
Odisseas Athanasiou
Chief executive officer
€3.3m
Total compensation
| CEO salary percentage | 19.7% |
| CEO tenure | 16.3yrs |
| CEO ownership | 1.1% |
| Management average tenure | 3yrs |
| Board average tenure | 4.8yrs |
Recent management updates
Recent updates
Ellinikon And Corfu Projects Will Strengthen Future Prospects
Feb 10 Shift from high-street to malls is driving tenant sales and rental growth, indicating potential revenue and net margin improvements.Shareholders Should Be Pleased With LAMDA Development S.A.'s (ATH:LAMDA) Price
Jan 28
LAMDA Development's (ATH:LAMDA) Profits Appear To Have Quality Issues
Nov 20Market Still Lacking Some Conviction On LAMDA Development S.A. (ATH:LAMDA)
Oct 23Is LAMDA Development (ATH:LAMDA) Using Too Much Debt?
Aug 02Is It Time To Consider Buying LAMDA Development S.A. (ATH:LAMDA)?
Jul 05Cautious Investors Not Rewarding LAMDA Development S.A.'s (ATH:LAMDA) Performance Completely
May 23Investors Shouldn't Be Too Comfortable With LAMDA Development's (ATH:LAMDA) Earnings
Apr 27Is LAMDA Development (ATH:LAMDA) Weighed On By Its Debt Load?
Feb 09Is Lamda Development (ATH:LAMDA) Using Too Much Debt?
Nov 03Does Lamda Development (ATH:LAMDA) Have A Healthy Balance Sheet?
Aug 03Is Lamda Development (ATH:LAMDA) Using Too Much Debt?
Jan 27What Does Lamda Development S.A.'s (ATH:LAMDA) Share Price Indicate?
Jul 27CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2024 | n/a | n/a | €46m |
| Sep 30 2024 | n/a | n/a | €19m |
| Jun 30 2024 | n/a | n/a | -€10m |
| Mar 31 2024 | n/a | n/a | €49m |
| Dec 31 2023 | €3m | €650k | €27m |
| Sep 30 2023 | n/a | n/a | €18m |
| Jun 30 2023 | n/a | n/a | €9m |
| Mar 31 2023 | n/a | n/a | -€45m |
| Dec 31 2022 | €2m | €650k | -€31m |
| Sep 30 2022 | n/a | n/a | -€74m |
| Jun 30 2022 | n/a | n/a | -€56m |
| Mar 31 2022 | n/a | n/a | €190m |
| Dec 31 2021 | €733k | €140k | €191m |
Compensation vs Market: Odisseas's total compensation ($USD3.74M) is above average for companies of similar size in the Greek market ($USD1.65M).
Compensation vs Earnings: Odisseas's compensation has increased by more than 20% in the past year.
CEO
Odisseas Athanasiou
16.3yrs
Tenure
€3,293,356
Compensation
Mr. Odisseas E. Athanasiou serves as the Chief Executive Officer at Lamda Development SA. Mr. Athanasiou served as the Chief Financial Officer of Lamda Development SA since March 24, 2006. Mr. Athanassiou...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 16.3yrs | €3.29m | 1.13% € 13.1m | |
| Chief Financial Officer | no data | no data | 0.040% € 462.6k | |
| Chief Operating Officer | 1.3yrs | no data | no data | |
| Chief Investment Officer | no data | no data | 0.060% € 692.9k | |
| Chief Legal Counsel | no data | no data | 0.056% € 655.2k | |
| Chief Marketing & Communications Officer | less than a year | no data | 0.000080% € 928.5 | |
| Chief Human Resources Officer | 2.2yrs | no data | 0.015% € 179.7k | |
| Chief Corporate Affairs & Business Development Officer | 6.2yrs | no data | 0.027% € 313.1k | |
| Chief Internal Auditor | 2.8yrs | no data | 0.012% € 134.1k | |
| Managing Director at LAMDA Malls | no data | no data | 0.054% € 632.1k | |
| Chief Controls Officer | 3.3yrs | no data | 0.015% € 174.6k | |
| Chief Development Officer of Residential | 3.3yrs | no data | 0.031% € 363.6k |
3.0yrs
Average Tenure
Experienced Management: LAMDA's management team is considered experienced (3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 15.9yrs | €3.29m | 1.13% € 13.1m | |
| Non-Executive Director | 2.9yrs | €40.00k | no data | |
| Non-Executive Director | 7.9yrs | €40.00k | no data | |
| Vice Chairman of the Board | 15.3yrs | €40.00k | 0.054% € 630.6k | |
| Independent Non-Executive Director | 4.3yrs | €40.00k | no data | |
| Independent Non-Executive Chairman | 2.4yrs | €139.63k | no data | |
| Non-Executive Director | 10.1yrs | €50.00k | no data | |
| Non-Executive Director | 4.8yrs | €45.00k | no data | |
| Independent Non-Executive Director | 6.8yrs | €110.00k | 0.0070% € 81.1k | |
| Senior Independent Non Executive Director | 4.8yrs | €70.00k | no data | |
| Independent Non-Executive Director | 4.3yrs | €45.00k | 0.10% € 1.2m |
4.8yrs
Average Tenure
67yo
Average Age
Experienced Board: LAMDA's board of directors are considered experienced (4.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/04/28 04:37 |
| End of Day Share Price | 2025/04/25 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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Analyst Sources
LAMDA Development S.A. is covered by 8 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.
| Analyst | Institution |
|---|---|
| Constantinos Zouzoulas | Axia Ventures Group Ltd |
| Natalia Svyrou Svyriadi | Eurobank Equities Investment Firm S.A. |
| Andreas Balaskas | GSN North America |