Carmel Management
Management criteria checks 1/4
Carmel's CEO is Nadav Arens Arad, appointed in Mar 2018, has a tenure of 6.17 years. total yearly compensation is ₪3.06M, comprised of 43.5% salary and 56.5% bonuses, including company stock and options. directly owns 0.73% of the company’s shares, worth ₪2.52M. The average tenure of the management team and the board of directors is 6.2 years and 1.8 years respectively.
Key information
Nadav Arens Arad
Chief executive officer
₪3.1m
Total compensation
| CEO salary percentage | 43.5% |
| CEO tenure | 6.2yrs |
| CEO ownership | 0.7% |
| Management average tenure | 6.2yrs |
| Board average tenure | 1.8yrs |
Recent management updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | ₪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 ($USD832.56K) is above average for companies of similar size in the IL market ($USD443.00K).
Compensation vs Earnings: Insufficient data to compare Nadav's compensation with company performance.
CEO
Nadav Arens Arad (50 yo)
6.2yrs
Tenure
₪3,058,000
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 | 6.2yrs | ₪3.06m | 0.73% ₪ 2.5m | |
| Chief Financial Officer | 1.8yrs | ₪1.29m | 0.047% ₪ 161.3k | |
| Deputy CEO and VP of Sales & Business Development | 6.3yrs | ₪1.32m | 0.065% ₪ 225.7k | |
| Chief Operating Officer | no data | no data | no data |
6.2yrs
Average Tenure
50yo
Average Age
Experienced Management: CRML's management team is seasoned and experienced (6.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 1.8yrs | ₪3.06m | 0.73% ₪ 2.5m | |
| Independent External Director | 5.7yrs | no data | no data | |
| Director | 1.8yrs | no data | 0.076% ₪ 263.5k | |
| Director | 1.8yrs | no data | 0.098% ₪ 338.2k | |
| Independent Director | 2.5yrs | no data | 0.0048% ₪ 16.6k | |
| Chairman of the Board | 1.8yrs | ₪637.00k | 0.067% ₪ 231.8k | |
| Director | 1.8yrs | no data | 0.38% ₪ 1.3m | |
| Independent External Director | 5.7yrs | no data | no data |
1.8yrs
Average Tenure
63yo
Average Age
Experienced Board: CRML's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.