TUHU Car Management
Management criteria checks 2/4
TUHU Car's CEO is Min Chen, appointed in Jul 2019, has a tenure of 4.83 years. total yearly compensation is CN¥6.03M, comprised of 30.3% salary and 69.7% bonuses, including company stock and options. directly owns 8.54% of the company’s shares, worth HK$1.73B. The average tenure of the management team and the board of directors is 2.1 years and 2.6 years respectively.
Key information
Min Chen
Chief executive officer
CN¥6.0m
Total compensation
| CEO salary percentage | 30.3% |
| CEO tenure | 4.8yrs |
| CEO ownership | 8.5% |
| Management average tenure | 2.1yrs |
| Board average tenure | 2.6yrs |
Recent management updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | CN¥6m | CN¥2m | CN¥7b |
| Sep 30 2023 | n/a | n/a | CN¥3b |
| Jun 30 2023 | n/a | n/a | -CN¥1b |
| Mar 31 2023 | n/a | n/a | -CN¥2b |
| Dec 31 2022 | CN¥7m | CN¥2m | -CN¥2b |
| Dec 31 2021 | CN¥7m | CN¥2m | -CN¥6b |
| Dec 31 2020 | CN¥1m | CN¥958k | -CN¥4b |
| Dec 31 2019 | CN¥2m | CN¥879k | -CN¥3b |
Compensation vs Market: Min's total compensation ($USD835.20K) is above average for companies of similar size in the Hong Kong market ($USD479.31K).
Compensation vs Earnings: Min's compensation has been consistent with company performance over the past year.
CEO
Min Chen (41 yo)
4.8yrs
Tenure
CN¥6,034,000
Compensation
Mr. Min Chen is a Co-founder and Executive Chairman of Tuhu Car Inc. He has been the Chief Executive Officer and Executive Director of Tuhu Car Inc. since July 8, 2019. He joined the Tuhu Car Inc. in Octob...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-founder | 4.8yrs | CN¥6.03m | 8.54% CN¥ 1.7b | |
| Co-founder | no data | CN¥2.42m | 3.12% CN¥ 630.6m | |
| Co-Founder | no data | CN¥1.83m | 0.56% CN¥ 114.3m | |
| Chief Financial Officer | 1.8yrs | no data | no data | |
| Chief Operating Officer | less than a year | no data | no data | |
| Head of Investor Relations Centre & Joint Company Secretary | 2.4yrs | no data | no data | |
| Joint Company Secretary | no data | no data | no data |
2.1yrs
Average Tenure
40yo
Average Age
Experienced Management: 9690's management team is considered experienced (2.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-founder | 4.8yrs | CN¥6.03m | 8.54% CN¥ 1.7b | |
| Co-founder | 4.6yrs | CN¥2.42m | 3.12% CN¥ 630.6m | |
| Independent Non-Executive Director | less than a year | CN¥80.00k | no data | |
| Independent Non-Executive Director | less than a year | CN¥80.00k | no data | |
| Independent Non-Executive Director | less than a year | CN¥80.00k | no data | |
| Non-Executive Director | 4.6yrs | no data | no data |
2.6yrs
Average Tenure
41.5yo
Average Age
Experienced Board: 9690's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.