Elbit Systems Management

How has Butzi Machlis's remuneration changed compared to Elbit Systems's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	US$215m
Sep 30 2023	n/a	n/a	US$270m
Jun 30 2023	n/a	n/a	US$266m
Mar 31 2023	n/a	n/a	US$285m
Dec 31 2022	US$5m	US$1m	US$275m
Sep 30 2022	n/a	n/a	US$198m
Jun 30 2022	n/a	n/a	US$234m
Mar 31 2022	n/a	n/a	US$255m
Dec 31 2021	US$5m	US$2m	US$274m
Sep 30 2021	n/a	n/a	US$334m
Jun 30 2021	n/a	n/a	US$259m
Mar 31 2021	n/a	n/a	US$247m
Dec 31 2020	US$3m	US$1m	US$238m
Sep 30 2020	n/a	n/a	US$221m
Jun 30 2020	n/a	n/a	US$276m
Mar 31 2020	n/a	n/a	US$241m
Dec 31 2019	US$3m	US$1m	US$228m
Sep 30 2019	n/a	n/a	US$177m
Jun 30 2019	n/a	n/a	US$169m
Mar 31 2019	n/a	n/a	US$208m
Dec 31 2018	US$2m	US$890k	US$207m

Compensation vs Market: Butzi's total compensation ($USD4.66M) is above average for companies of similar size in the IL market ($USD1.26M).

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

CEO

Butzi Machlis (60 yo)

11yrs

Tenure

US$4,664,000

Compensation

Mr. Bezhalel Machlis, also known as Butzi, has been the Chief Executive Officer and President of Elbit Systems Ltd. since April 1, 2013. Mr. Machlis served as an Executive Vice President of Elbit Systems L...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Bezhalel Machlis	President & CEO	11yrs	US$4.66m	no data
Yoram Shmuely	Executive VP & GM of Aerospace Division	16yrs	US$1.77m	no data
Joseph Gaspar	Senior Executive Vice President of Business Development	2yrs	US$2.55m	no data
Yehuda Vered	Executive VP & GM of Land Division	14.7yrs	US$1.63m	no data
Oren Sabag	Executive VP and GM of ISTAR & EW	10.3yrs	US$1.67m	no data
Yaacov Kagan	Executive VP & CFO	2yrs	no data	no data
Yuval Ramon	Executive VP & COO	8.5yrs	no data	no data
Yehoshua Yehuda	Executive Vice President of Strategy & CTO	8.3yrs	no data	no data
Rami Myerson	Director of Investor Relations	no data	no data	no data
David Block Temin	Executive VP	16.3yrs	no data	no data
Jonathan Ariel	Executive VP & Chief Legal Officer	16.3yrs	no data	no data
David Vaaknin	Head of Corporate Communications & VP	no data	no data	no data

10.6yrs

Average Tenure

61yo

Average Age

Experienced Management: ESLT's management team is seasoned and experienced (10.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Dov Ninveh	Independent Director	10.5yrs	no data	no data
Michael Federmann	Director	24.3yrs	no data	no data
Rina Baum	Director	23.3yrs	no data	no data
David Federmann	Chairman	17.3yrs	no data	no data
Ehood Nisan	Independent Director	8.3yrs	no data	no data
Bilha Shapira	Independent External Director	4.4yrs	no data	no data
Noaz Nir	Independent External Director	3.7yrs	no data	no data
Ehud Adam	Independent Director	less than a year	no data	no data
Tzipi Livni	Director	less than a year	no data	no data

8.3yrs

Average Tenure

65yo

Average Age

Experienced Board: ESLT's board of directors are considered experienced (8.3 years average tenure).

Elbit Systems Management

Management criteria checks 3/4

Key information

Recent management updates

Elbit Systems Ltd. Elects Tzipi Livni to the Board of Directors

Elbit Systems Ltd., Annual General Meeting, Aug 08, 2023

Elbit Systems Ltd. Appoints Ehud (Udi) Adam as Member of the Board

Insufficient new directors

Elbit Systems Ltd., Annual General Meeting, Nov 16, 2022

Elbit Systems Ltd. Elects Yehoshua Gleitman as External Director

Recent updates

Upcoming dividend of US$0.50 per share

Now 21% undervalued after recent price drop

Full year 2023 earnings released: EPS: US$4.85 (vs US$6.22 in FY 2022)

Fourth quarter dividend of US$0.50 announced

Elbit Systems Ltd. Declares Dividend, Payable on May 6, 2024

Calculating The Fair Value Of Elbit Systems Ltd. (TLV:ESLT)

Now 20% overvalued

Elbit Systems Ltd. to Report Q4, 2023 Results on Mar 26, 2024

Here's What's Concerning About Elbit Systems' (TLV:ESLT) Returns On Capital

Now 20% overvalued after recent price rise

Is Elbit Systems (TLV:ESLT) Using Too Much Debt?

Upcoming dividend of US$0.50 per share at 0.9% yield

Pinning Down Elbit Systems Ltd.'s (TLV:ESLT) P/E Is Difficult Right Now

Third quarter 2023 earnings released: EPS: US$1.37 (vs US$1.27 in 3Q 2022)

Elbit Systems Ltd. Declares Dividend, Payable on January 8, 2024

Elbit Systems Ltd. Declares Dividend, Payable on January 8, 2024

Some Investors May Be Worried About Elbit Systems' (TLV:ESLT) Returns On Capital

Elbit Systems Ltd. to Report Q3, 2023 Results on Nov 28, 2023

Here's Why Elbit Systems (TLV:ESLT) Has A Meaningful Debt Burden

Upcoming dividend of US$0.50 per share at 1.0% yield

Returns On Capital At Elbit Systems (TLV:ESLT) Paint A Concerning Picture

Elbit Systems Ltd. Declares A Dividend, Payable on October 23, 2023

Second quarter 2023 earnings released: EPS: US$1.41 (vs US$1.83 in 2Q 2022)

New minor risk - Earnings quality

Elbit Systems Ltd. Elects Tzipi Livni to the Board of Directors

Elbit Systems (TLV:ESLT) Has A Somewhat Strained Balance Sheet

Elbit Systems Ltd. to Report Q2, 2023 Results on Aug 15, 2023

Some Confidence Is Lacking In Elbit Systems Ltd.'s (TLV:ESLT) P/E

Elbit Systems Ltd., Annual General Meeting, Aug 08, 2023

Elbit Systems Ltd. Appoints Ehud (Udi) Adam as Member of the Board

Upcoming dividend of US$0.50 per share at 1.0% yield

Is There An Opportunity With Elbit Systems Ltd.'s (TLV:ESLT) 25% Undervaluation?

Elbit Systems Ltd. Declares a Dividend, Payable on July 10, 2023

Elbit Systems Ltd. to Report Q1, 2023 Results on May 30, 2023

Full year 2022 earnings released: EPS: US$6.22 (vs US$6.21 in FY 2021)

Some Investors May Be Worried About Elbit Systems' (TLV:ESLT) Returns On Capital

Upcoming dividend of US$0.50 per share at 1.2% yield

Elbit Systems (TLV:ESLT) Strong Profits May Be Masking Some Underlying Issues

Full year 2022 earnings released: EPS: US$6.22 (vs US$6.21 in FY 2021)

Is Elbit Systems Ltd. (TLV:ESLT) Trading At A 35% Discount?

Elbit Systems (TLV:ESLT) Takes On Some Risk With Its Use Of Debt

Upcoming dividend of US$0.50 per share

Insufficient new directors

Third quarter 2022 earnings released: EPS: US$1.27 (vs US$2.08 in 3Q 2021)

Elbit Systems Ltd. to Report Q3, 2022 Results on Nov 29, 2022

Elbit Systems Ltd., Annual General Meeting, Nov 16, 2022

Upcoming dividend of US$0.50 per share

Second quarter 2022 earnings released: EPS: US$1.83 (vs US$2.30 in 2Q 2021)

Declares Dividend for the Second Quarter of 2022, Payable on October 24, 2022

Now 20% undervalued

Elbit Systems Ltd. to Report Q2, 2022 Results on Aug 16, 2022

Elbit Systems Launches Innovative Helicopter Vision Suite That Enables Pilots to "Own the Weather"

Now 21% undervalued

Upcoming dividend of US$0.50 per share

Elbit Systems to Showcase Its Air-To-Surface Range Extension and Guidance Kit in Eurosatory 2022

Elbit Systems Ltd. Unveils A Simultaneous Multi-Mission Tactical Radar System

First quarter 2022 earnings released: EPS: US$1.19 (vs US$1.64 in 1Q 2021)

Elbit Systems Ltd. Declares Dividend for the First Quarter of 2022, Payable on July 11, 2022

Now 20% undervalued

Elbit Systems Ltd. to Report Q1, 2022 Results on May 24, 2022

Full year 2021 earnings released: EPS: US$6.21 (vs US$5.38 in FY 2020)

Elbit Systems Ltd. Declares Dividend for the Fourth Quarter of 2021, Payable on April 25, 2022

Investor sentiment improved over the past week

Upcoming dividend of US$0.46 per share

Third quarter 2021 earnings: EPS in line with analyst expectations despite revenue beat

Upcoming dividend of US$0.46 per share

Second quarter 2021 earnings released: EPS US$2.30 (vs US$2.02 in 2Q 2020)

Upcoming dividend of US$0.44 per share

First quarter 2021 earnings released: EPS US$1.64 (vs US$1.44 in 1Q 2020)