Carmel Management
Management criteria checks 2/4
Carmel's CEO is Nadav Arens Arad, appointed in Mar 2018, has a tenure of 6.67 years. total yearly compensation is ₪2.89M, comprised of 51.8% salary and 48.2% bonuses, including company stock and options. directly owns 0.73% of the company’s shares, worth ₪3.17M. The average tenure of the management team and the board of directors is 6.7 years and 2.3 years respectively.
Key information
Nadav Arens Arad
Chief executive officer
₪2.9m
Total compensation
| CEO salary percentage | 51.8% |
| CEO tenure | 6.7yrs |
| CEO ownership | 0.7% |
| Management average tenure | 6.7yrs |
| Board average tenure | 2.3yrs |
Recent management updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | ₪30m |
| Mar 31 2024 | n/a | n/a | ₪21m |
| Dec 31 2023 | ₪3m | ₪1m | ₪30m |
| Sep 30 2023 | n/a | n/a | ₪24m |
| Jun 30 2023 | n/a | n/a | ₪18m |
| Mar 31 2023 | n/a | n/a | ₪1m |
| Dec 31 2022 | ₪3m | ₪1m | -₪4m |
Compensation vs Market: Nadav's total compensation ($USD791.44K) is above average for companies of similar size in the IL market ($USD427.00K).
Compensation vs Earnings: Nadav's compensation has been consistent with company performance over the past year.
CEO
Nadav Arens Arad (51 yo)
6.7yrs
Tenure
₪2,892,000
Compensation
Mr. Nadav Arens Arad is CEO of Carmel Corp Ltd since March 25, 2018 and is its Director since August 18, 2022.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 6.7yrs | ₪2.89m | 0.73% ₪ 3.2m | |
| Chief Financial Officer | 2.3yrs | ₪1.26m | 0.046% ₪ 202.9k | |
| Chief Operating Officer | no data | ₪989.00k | no data | |
| Deputy CEO and VP of Sales & Business Development | 6.8yrs | ₪1.28m | 0.065% ₪ 283.9k |
6.7yrs
Average Tenure
51yo
Average Age
Experienced Management: CRML's management team is seasoned and experienced (6.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 2.3yrs | ₪2.89m | 0.73% ₪ 3.2m | |
| Independent External Director | 6.2yrs | no data | no data | |
| Director | 2.3yrs | no data | 0.076% ₪ 331.3k | |
| Director | 2.3yrs | no data | 0.097% ₪ 425.2k | |
| Independent Director | 3yrs | no data | 0.0048% ₪ 20.9k | |
| Chairman of the Board | 2.3yrs | ₪996.00k | 0.067% ₪ 291.5k | |
| Director | 2.3yrs | no data | 0.38% ₪ 1.7m | |
| Independent External Director | 6.2yrs | no data | no data |
2.3yrs
Average Tenure
64yo
Average Age
Experienced Board: CRML's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.