Averbuch Formica Center Ltd.

TASE:AVER Stock Report

Market Cap: ₪82.9m

Averbuch Formica Center Management

Management criteria checks 4/4

Averbuch Formica Center's CEO is Simcha Averbuch, appointed in Apr 1985, has a tenure of 39.08 years. total yearly compensation is ₪1.00M, comprised of 81% salary and 19% bonuses, including company stock and options. directly owns 22.06% of the company’s shares, worth ₪18.28M. The average tenure of the management team and the board of directors is 16.4 years and 24.8 years respectively.

Key information

Simcha Averbuch

Chief executive officer

₪1.0m

Total compensation

CEO salary percentage81.0%
CEO tenure39.1yrs
CEO ownership22.1%
Management average tenure16.4yrs
Board average tenure24.8yrs

Recent management updates

Recent updates

Here's Why Averbuch Formica Center (TLV:AVER) Can Afford Some Debt

Sep 28
Here's Why Averbuch Formica Center (TLV:AVER) Can Afford Some Debt

Does Averbuch Formica Center (TLV:AVER) Have A Healthy Balance Sheet?

Jun 05
Does Averbuch Formica Center (TLV:AVER) Have A Healthy Balance Sheet?

The Market Lifts Averbuch Formica Center Ltd. (TLV:AVER) Shares 28% But It Can Do More

Jun 02
The Market Lifts Averbuch Formica Center Ltd. (TLV:AVER) Shares 28% But It Can Do More

Is Averbuch Formica Center (TLV:AVER) Using Too Much Debt?

May 02
Is Averbuch Formica Center (TLV:AVER) Using Too Much Debt?

Averbuch Formica Center (TLV:AVER) Is Looking To Continue Growing Its Returns On Capital

Jan 09
Averbuch Formica Center (TLV:AVER) Is Looking To Continue Growing Its Returns On Capital

Estimating The Fair Value Of Averbuch Formica Center Ltd. (TLV:AVER)

Jun 29
Estimating The Fair Value Of Averbuch Formica Center Ltd. (TLV:AVER)

Returns On Capital At Averbuch Formica Center (TLV:AVER) Have Stalled

Jun 02
Returns On Capital At Averbuch Formica Center (TLV:AVER) Have Stalled

Averbuch Formica Center (TLV:AVER) Strong Profits May Be Masking Some Underlying Issues

Mar 28
Averbuch Formica Center (TLV:AVER) Strong Profits May Be Masking Some Underlying Issues

Is Averbuch Formica Center (TLV:AVER) Using Too Much Debt?

Mar 24
Is Averbuch Formica Center (TLV:AVER) Using Too Much Debt?

Returns On Capital Tell Us A Lot About Averbuch Formica Center (TLV:AVER)

Feb 14
Returns On Capital Tell Us A Lot About Averbuch Formica Center (TLV:AVER)

It Might Not Be A Great Idea To Buy Averbuch Formica Center Ltd. (TLV:AVER) For Its Next Dividend

Dec 22
It Might Not Be A Great Idea To Buy Averbuch Formica Center Ltd. (TLV:AVER) For Its Next Dividend

These 4 Measures Indicate That Averbuch Formica Center (TLV:AVER) Is Using Debt Extensively

Dec 20
These 4 Measures Indicate That Averbuch Formica Center (TLV:AVER) Is Using Debt Extensively

CEO Compensation Analysis

How has Simcha Averbuch's remuneration changed compared to Averbuch Formica Center's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

-₪3m

Sep 30 2023n/an/a

-₪3m

Jun 30 2023n/an/a

-₪4m

Mar 31 2023n/an/a

-₪1m

Dec 31 2022₪1m₪813k

₪2m

Sep 30 2022n/an/a

₪9m

Jun 30 2022n/an/a

₪16m

Mar 31 2022n/an/a

₪18m

Dec 31 2021₪1m₪798k

₪20m

Sep 30 2021n/an/a

₪17m

Jun 30 2021n/an/a

₪14m

Mar 31 2021n/an/a

₪10m

Dec 31 2020₪1m₪811k

₪6m

Sep 30 2020n/an/a

₪1m

Jun 30 2020n/an/a

-₪3m

Mar 31 2020n/an/a

-₪4m

Dec 31 2019₪938k₪807k

-₪4m

Sep 30 2019n/an/a

-₪2m

Jun 30 2019n/an/a

₪189k

Mar 31 2019n/an/a

₪1m

Dec 31 2018₪1m₪766k

₪2m

Sep 30 2018n/an/a

₪3m

Jun 30 2018n/an/a

₪4m

Mar 31 2018n/an/a

₪3m

Dec 31 2017₪1m₪683k

₪3m

Compensation vs Market: Simcha's total compensation ($USD267.53K) is below average for companies of similar size in the IL market ($USD434.82K).

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

CEO

Simcha Averbuch (70 yo)

39.1yrs

Tenure

₪1,004,000

Compensation

Mr. Simcha Averbuch has been a Director and Vice President of Marketing at Averbuch Formica Center Ltd. since April 21, 1985 and has been its Chief Executive Officer, Chairman of the Board, Vice President...

Leadership Team

NamePositionTenureCompensationOwnership
Simcha Averbuch
CEO, Chairman of the Board39.1yrs₪1.00m22.06%
₪ 18.3m
Zvi Aronowitz
Chief Financial Officer16.4yrs₪840.00kno data
Shaul Averbuch
VP of Business Development & Directorno data₪932.00k20.54%
₪ 17.0m
Ophir Israel
Accountant4.6yrsno datano data

16.4yrs

Average Tenure

59yo

Average Age

Experienced Management: AVER's management team is seasoned and experienced (16.4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Simcha Averbuch
CEO, Chairman of the Board39.1yrs₪1.00m22.06%
₪ 18.3m
Shaul Averbuch
VP of Business Development & Director39.1yrs₪932.00k20.54%
₪ 17.0m
Oren Gil-Or
Independent External Director7.3yrsno datano data
Shalom Averbuch
Director39.1yrs₪896.00k13.2%
₪ 10.9m
Igor David
Independent Director10.5yrsno datano data
Lihi Menashko
Independent External Director7.3yrsno datano data

24.8yrs

Average Tenure

59yo

Average Age

Experienced Board: AVER's board of directors are seasoned and experienced ( 24.8 years average tenure).

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