PP (Persero) Management
Management criteria checks 3/4
PP (Persero)'s CEO is Novel Arsyad, appointed in Jun 2020, has a tenure of 3.92 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 IDR21.62M. The average tenure of the management team and the board of directors is 4.3 years and 3.9 years respectively.
Key information
Novel Arsyad
Chief executive officer
Rp6.3b
Total compensation
| CEO salary percentage | 58.1% |
| CEO tenure | 3.9yrs |
| CEO ownership | 0.001% |
| Management average tenure | 4.3yrs |
| Board average tenure | 3.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | Rp542b |
| Dec 31 2023 | Rp6b | Rp4b | Rp481b |
| Sep 30 2023 | n/a | n/a | Rp370b |
| Mar 31 2023 | n/a | n/a | Rp278b |
| Dec 31 2022 | Rp7b | n/a | Rp272b |
| Sep 30 2022 | n/a | n/a | Rp278b |
| Jun 30 2022 | n/a | n/a | Rp267b |
| Mar 31 2022 | n/a | n/a | Rp256b |
| Dec 31 2021 | Rp4b | n/a | Rp266b |
Compensation vs Market: Novel's total compensation ($USD389.82K) is above average for companies of similar size in the ID market ($USD143.45K).
Compensation vs Earnings: Novel's compensation has been consistent with company performance over the past year.
CEO
Novel Arsyad (56 yo)
3.9yrs
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President Director | 3.9yrs | Rp6.29b | 0.0010% IDR 22.1m | |
| Director of Finance & Risk Management and Director | no data | Rp5.39b | no data | |
| Director of Building Operation & Director | no data | Rp2.68b | 0.0018% IDR 38.8m | |
| Director of Infrastructure Sector Operation & Director | 7.3yrs | Rp5.39b | no data | |
| Director of EPC Sector Operation & Director | 3.9yrs | Rp5.39b | no data | |
| Director of Corporate Strategies & HCM and Director | 3yrs | Rp5.39b | 0.0095% IDR 208.9m | |
| SVP and Head of Operation Control & Supply Chain Management Division | 7.9yrs | no data | no data | |
| Senior VP and Head of Business Development & Investment Division | 6yrs | no data | no data | |
| SVP and Head of Strategic Planning | 4.3yrs | no data | no data | |
| Senior VP and Head of MR & Legal Division | 4.3yrs | no data | no data | |
| Senior VP & Head of Human Capital Management Division | 4.3yrs | no data | no data | |
| Senior VP & Head of Building 1 Division | no data | no data | no data |
4.3yrs
Average Tenure
55.5yo
Average Age
Experienced Management: PTPP's management team is considered experienced (4.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President Director | 3.9yrs | Rp6.29b | 0.0010% IDR 22.1m | |
| Director of Finance & Risk Management and Director | 8.1yrs | Rp5.39b | no data | |
| Director of Building Operation & Director | no data | Rp2.68b | 0.0018% IDR 38.8m | |
| Director of Infrastructure Sector Operation & Director | 3.9yrs | Rp5.39b | no data | |
| Director of EPC Sector Operation & Director | 3.9yrs | Rp5.39b | no data | |
| Director of Corporate Strategies & HCM and Director | 3yrs | Rp5.39b | 0.0095% IDR 208.9m | |
| Independent Commisioner | less than a year | no data | no data | |
| Commissioner | 5.1yrs | Rp2.75b | no data | |
| Commissioner | 3.9yrs | Rp2.75b | no data | |
| Independent Commissioner | no data | Rp2.59b | no data | |
| Independent Chairman Commissioner | no data | Rp523.53m | no data | |
| Independent Commissioner | no data | Rp471.18m | no data |
3.9yrs
Average Tenure
58yo
Average Age
Experienced Board: PTPP's board of directors are considered experienced (3.9 years average tenure).