PP (Persero) Management

Management criteria checks 3/4

PP (Persero)'s CEO is Novel Arsyad, appointed in Jun 2020, has a tenure of 4.5 years. total yearly compensation is IDR6.29B, comprised of 58.1% salary and 41.9% bonuses, including company stock and options. directly owns 0.001% of the company’s shares, worth IDR20.87M. The average tenure of the management team and the board of directors is 4.9 years and 4.5 years respectively.

Key information

Novel Arsyad

Chief executive officer

Rp6.3b

Total compensation

CEO salary percentage58.1%
CEO tenure4.5yrs
CEO ownership0.001%
Management average tenure4.9yrs
Board average tenure4.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Novel Arsyad's remuneration changed compared to PP (Persero)'s earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

Rp509b

Jun 30 2024n/an/a

Rp532b

Mar 31 2024n/an/a

Rp542b

Dec 31 2023Rp6bRp4b

Rp481b

Sep 30 2023n/an/a

Rp370b

Jun 30 2023n/an/a

Rp281b

Mar 31 2023n/an/a

Rp278b

Dec 31 2022Rp7bn/a

Rp272b

Sep 30 2022n/an/a

Rp278b

Jun 30 2022n/an/a

Rp267b

Mar 31 2022n/an/a

Rp256b

Dec 31 2021Rp4bn/a

Rp266b

Compensation vs Market: Novel's total compensation ($USD389.82K) is above average for companies of similar size in the ID market ($USD84.17K).

Compensation vs Earnings: Novel's compensation has been consistent with company performance over the past year.


CEO

Novel Arsyad (57 yo)

4.5yrs

Tenure

Rp6,287,492,557

Compensation

Ir. Novel Arsyad, MM. serves as President Director at PT PP (Persero) Tbk since June 04, 2020. He served as Human Capital and System Development Director and Director of PT Wijaya Karya (Persero) Tbk since...


Leadership Team

NamePositionTenureCompensationOwnership
Novel Arsyad
President Director4.5yrsRp6.29b0.0010%
IDR 20.9m
Agus Purbianto
Director of Finance & Risk Management and Directorno dataRp5.39bno data
Yuyus Juarsa
Director of Building Operation & Directorno dataRp2.68b0.0018%
IDR 36.6m
Yul Pramuraharjo
Director of Infrastructure Sector Operation & Director7.9yrsRp5.39bno data
Eddy Harun
Director of EPC Sector Operation & Director4.5yrsRp5.39bno data
Sinur Linda Manurung
Director of Corporate Strategies & HCM and Director3.6yrsRp5.39b0.0095%
IDR 197.1m
Fatchul Birri
SVP and Head of Operation Control & Supply Chain Management Division8.5yrsno datano data
Gede Negara
Senior VP and Head of Business Development & Investment Division6.6yrsno data0.0055%
IDR 113.6m
Budi Suanda
SVP and Head of Strategic Planning4.9yrsno datano data
Nawang Retno Kartiko
Senior VP and Head of MR & Legal Division4.9yrsno datano data
Ni Sasanti
Senior VP & Head of Human Capital Management Division4.9yrsno datano data
Rully Noviandar
Senior VP & Head of Building 1 Divisionno datano datano data

4.9yrs

Average Tenure

56.5yo

Average Age

Experienced Management: PTPP's management team is considered experienced (4.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Novel Arsyad
President Director4.5yrsRp6.29b0.0010%
IDR 20.9m
Agus Purbianto
Director of Finance & Risk Management and Director8.7yrsRp5.39bno data
Yuyus Juarsa
Director of Building Operation & Directorno dataRp2.68b0.0018%
IDR 36.6m
Yul Pramuraharjo
Director of Infrastructure Sector Operation & Director4.5yrsRp5.39bno data
Eddy Harun
Director of EPC Sector Operation & Director4.5yrsRp5.39bno data
Sinur Linda Manurung
Director of Corporate Strategies & HCM and Director3.6yrsRp5.39b0.0095%
IDR 197.1m
Pundjung Brata
Independent Commisionerless than a yearno datano data
Ernadhi Sudarmanto
Commissioner5.7yrsRp2.75bno data
Hedy Rahadian
Commissioner4.5yrsRp2.75bno data
. Istiono
Independent Commissionerno dataRp2.59bno data
Dhony Rahajoe
Independent Chairman Commissionerno dataRp523.53mno data
Jaya Kesuma
Independent Commissionerno dataRp471.18mno data

4.5yrs

Average Tenure

59yo

Average Age

Experienced Board: PTPP's board of directors are considered experienced (4.5 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 03:04
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

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 .

Analyst Sources

PT PP (Persero) Tbk is covered by 27 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.

AnalystInstitution
Nathan GeeBofA Global Research
Aurelia BarusCGS International
Uraiwan TantisuwannakulCGS International