I.B.I.- Managing & Underwriting Management
Management criteria checks 3/4
I.B.I.- Managing & Underwriting's CEO is Ofer Grinbaum, appointed in Jan 2018, has a tenure of 7.17 years. total yearly compensation is ₪3.69M, comprised of 37% salary and 63% bonuses, including company stock and options. directly owns 4.18% of the company’s shares, worth ₪11.51M. The average tenure of the management team and the board of directors is 7.2 years and 8 years respectively.
Key information
Ofer Grinbaum
Chief executive officer
₪3.7m
Total compensation
| CEO salary percentage | 37.0% |
| CEO tenure | 7.2yrs |
| CEO ownership | 4.2% |
| Management average tenure | 7.2yrs |
| Board average tenure | 8yrs |
Recent management updates
Recent updates
We Think Shareholders Are Less Likely To Approve A Large Pay Rise For I.B.I.- Managing & Underwriting Ltd's (TLV:IBIU) CEO For Now
Oct 22
What Is The Ownership Structure Like For Poalim I.B.I.-Managing & Underwriting Ltd (TLV:PIU)?
Mar 17Did You Participate In Any Of Poalim I.B.I.-Managing & Underwriting's (TLV:PIU) Fantastic 185% Return ?
Feb 09
Is Poalim I.B.I.-Managing & Underwriting Ltd (TLV:PIU) Popular Amongst Institutions?
Dec 17CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | ₪12m |
| Jun 30 2024 | n/a | n/a | ₪12m |
| Mar 31 2024 | n/a | n/a | ₪13m |
| Dec 31 2023 | ₪4m | ₪1m | ₪8m |
| Sep 30 2023 | n/a | n/a | ₪6m |
| Jun 30 2023 | n/a | n/a | ₪8m |
| Mar 31 2023 | n/a | n/a | ₪7m |
| Dec 31 2022 | ₪4m | ₪1m | ₪14m |
Compensation vs Market: Ofer's total compensation ($USD1.01M) is above average for companies of similar size in the IL market ($USD425.23K).
Compensation vs Earnings: Ofer's compensation has been consistent with company performance over the past year.
CEO
Ofer Grinbaum (39 yo)
7.2yrs
Tenure
₪3,693,000
Compensation
Mr. Ofer Grinbaum serves as Chief Executive Officer of IBI Underwriting Ltd. a subsidiary of I.B.I.- Managing & Underwriting Ltd (formerly known as Poalim I.B.I.-Managing & Underwriting Ltd). since January...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Attorney at Law | no data | ₪2.71m | 1.29% ₪ 3.5m | |
| Chief Executive Officer of IBI - Underwriting and Issuance Ltd | 7.2yrs | ₪3.69m | 4.18% ₪ 11.5m | |
| Deputy Chief Executive Officer of IBI - Underwriting and Issuance Ltd | 7.2yrs | ₪3.40m | 2.37% ₪ 6.5m | |
| Co-Founder | no data | no data | no data | |
| Chief Financial Officer | 16yrs | ₪2.16m | no data | |
| Head of Underwriting Advisory Services | no data | no data | no data | |
| Company Secretary | no data | no data | no data |
7.2yrs
Average Tenure
57yo
Average Age
Experienced Management: IBIU's management team is seasoned and experienced (7.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Member of the Board of Directors | 9.3yrs | no data | no data | |
| Chairman of the Board of Directors | 15.5yrs | ₪543.00k | no data | |
| Director | 7.4yrs | no data | no data | |
| Independent Member of the Board of Directors | 8.5yrs | no data | no data | |
| Director | 4.1yrs | no data | no data | |
| Director | 1.5yrs | no data | no data |
8.0yrs
Average Tenure
58.5yo
Average Age
Experienced Board: IBIU's board of directors are considered experienced (8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/03/11 00:16 |
| End of Day Share Price | 2025/03/11 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
Analysis Model and Snowflake
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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 Github.
Analyst Sources
I.B.I.- Managing & Underwriting Ltd is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.