Clal Insurance Enterprises Holdings Management
Management criteria checks 3/4
Clal Insurance Enterprises Holdings' CEO is Yoram Naveh, appointed in Jul 2018, has a tenure of 5.83 years. total yearly compensation is ₪3.14M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 0.005% of the company’s shares, worth ₪249.94K. The average tenure of the management team and the board of directors is 9.2 years and 2.5 years respectively.
Key information
Yoram Naveh
Chief executive officer
₪3.1m
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 5.8yrs |
| CEO ownership | 0.005% |
| Management average tenure | 9.2yrs |
| Board average tenure | 2.5yrs |
Recent management updates
Recent updates
Investors Continue Waiting On Sidelines For Clal Insurance Enterprises Holdings Ltd. (TLV:CLIS)
Jan 07
Not Many Are Piling Into Clal Insurance Enterprises Holdings Ltd. (TLV:CLIS) Just Yet
Jun 27Is Now The Time To Put Clal Insurance Enterprises Holdings (TLV:CLIS) On Your Watchlist?
May 31Do Clal Insurance Enterprises Holdings's (TLV:CLIS) Earnings Warrant Your Attention?
Feb 21What Is The Ownership Structure Like For Clal Insurance Enterprises Holdings Ltd. (TLV:CLIS)?
Feb 16Clal Insurance Enterprises Holdings' (TLV:CLIS) Shareholders Are Down 24% On Their Shares
Dec 25CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | ₪220m |
| Sep 30 2023 | n/a | n/a | ₪78m |
| Jun 30 2023 | n/a | n/a | ₪97m |
| Mar 31 2023 | n/a | n/a | -₪352m |
| Dec 31 2022 | ₪3m | ₪3m | ₪121m |
| Sep 30 2022 | n/a | n/a | ₪428m |
| Jun 30 2022 | n/a | n/a | ₪536m |
| Mar 31 2022 | n/a | n/a | ₪1b |
| Dec 31 2021 | ₪3m | ₪3m | ₪1b |
| Sep 30 2021 | n/a | n/a | ₪1b |
| Jun 30 2021 | n/a | n/a | ₪1b |
| Mar 31 2021 | n/a | n/a | ₪836m |
| Dec 31 2020 | ₪3m | ₪3m | ₪439m |
| Sep 30 2020 | n/a | n/a | ₪173m |
| Jun 30 2020 | n/a | n/a | -₪363m |
| Mar 31 2020 | n/a | n/a | -₪422m |
| Dec 31 2019 | ₪3m | ₪3m | -₪130m |
| Sep 30 2019 | n/a | n/a | -₪389m |
| Jun 30 2019 | n/a | n/a | -₪28m |
| Mar 31 2019 | n/a | n/a | ₪118m |
| Dec 31 2018 | ₪4m | ₪2m | -₪140m |
| Sep 30 2018 | n/a | n/a | ₪104m |
| Jun 30 2018 | n/a | n/a | -₪38m |
| Mar 31 2018 | n/a | n/a | -₪35m |
| Dec 31 2017 | ₪2m | n/a | ₪203m |
Compensation vs Market: Yoram's total compensation ($USD845.05K) is below average for companies of similar size in the IL market ($USD1.43M).
Compensation vs Earnings: Yoram's compensation has been consistent with company performance over the past year.
CEO
Yoram Naveh (52 yo)
5.8yrs
Tenure
₪3,137,000
Compensation
Mr. Yoram Naveh has been the Chief Executive Officer at Clal Insurance Enterprises Holdings Ltd. since July 01, 2018. He serves as the Chief Executive Officer of Yuval Insurance Company Ltd.(formerly know...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 5.8yrs | ₪3.14m | 0.0050% ₪ 249.9k | |
| Deputy CEO & CFO | 5.6yrs | ₪2.62m | no data | |
| Deputy CEO & Chief Legal Adviser | 11.3yrs | ₪2.17m | no data | |
| Deputy CEO and Director of Service | 4.3yrs | no data | no data | |
| Deputy CEO | 1.3yrs | no data | no data | |
| Senior VP & Chief Accounting Division Manager | no data | no data | no data | |
| Executive VP of Marketing and Strategy Unit Manager of Clal Insurance | 11.3yrs | no data | no data | |
| Deputy CEO & Chief Executive Officer of Clal Pension & Provident Funds | no data | ₪2.53m | no data | |
| Deputy CEO & Chief Internal Auditor | 10.3yrs | no data | no data | |
| Deputy CEO & Director of Claims | 9.3yrs | no data | no data | |
| Deputy CEO & Agents Manager | 9.1yrs | no data | no data | |
| Deputy CEO and Director of General Insurance Division | 11.3yrs | ₪2.46m | no data |
9.2yrs
Average Tenure
53.5yo
Average Age
Experienced Management: CLIS's management team is seasoned and experienced (9.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Non-External Director | 2yrs | no data | no data | |
| Independent Director | 3.3yrs | no data | no data | |
| Chairman of the Board | 3.3yrs | ₪2.56m | no data | |
| Non-External Director | 2yrs | no data | no data | |
| Director | 8.3yrs | ₪325.00k | no data | |
| Independent Director | 1.3yrs | no data | no data | |
| Independent Director | 2.6yrs | no data | no data | |
| Independent External Director | 2.4yrs | no data | no data |
2.5yrs
Average Tenure
74.5yo
Average Age
Experienced Board: CLIS's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.