Harel Insurance Investments & Financial Services Management
Management criteria checks 4/4
Harel Insurance Investments & Financial Services' CEO is Michel Siboni, appointed in Jan 2017, has a tenure of 7.92 years. total yearly compensation is ₪3.48M, comprised of 77.2% salary and 22.8% bonuses, including company stock and options. directly owns 0.004% of the company’s shares, worth ₪454.29K. The average tenure of the management team and the board of directors is 7.8 years and 7.9 years respectively.
Key information
Michel Siboni
Chief executive officer
₪3.5m
Total compensation
| CEO salary percentage | 77.2% |
| CEO tenure | 7.9yrs |
| CEO ownership | 0.004% |
| Management average tenure | 7.8yrs |
| Board average tenure | 7.9yrs |
Recent management updates
Recent updates
Harel Insurance Investments & Financial Services Ltd's (TLV:HARL) Shares Leap 26% Yet They're Still Not Telling The Full Story
Dec 18
Harel Insurance Investments & Financial Services Ltd's (TLV:HARL) Shares Not Telling The Full Story
Oct 30A Piece Of The Puzzle Missing From Harel Insurance Investments & Financial Services Ltd's (TLV:HARL) Share Price
Jul 25Shareholders May Be A Little Conservative With Harel Insurance Investments & Financial Services Ltd's (TLV:HARL) CEO Compensation For Now
May 24Investors Holding Back On Harel Insurance Investments & Financial Services Ltd (TLV:HARL)
Mar 21Should You Be Adding Harel Insurance Investments & Financial Services (TLV:HARL) To Your Watchlist Today?
Sep 12Should You Be Adding Harel Insurance Investments & Financial Services (TLV:HARL) To Your Watchlist Today?
Jun 08Does Harel Insurance Investments & Financial Services (TLV:HARL) Deserve A Spot On Your Watchlist?
Dec 27Is Now The Time To Put Harel Insurance Investments & Financial Services (TLV:HARL) On Your Watchlist?
Jun 09Did You Participate In Any Of Harel Insurance Investments & Financial Services' (TLV:HARL) Fantastic 190% Return ?
Feb 21What Type Of Shareholders Own The Most Number of Harel Insurance Investments & Financial Services Ltd (TLV:HARL) Shares?
Jan 31
What Harel Insurance Investments & Financial Services Ltd's (TLV:HARL) P/E Is Not Telling You
Jan 05Can Harel Insurance Investments & Financial Services Ltd's (TLV:HARL) Weak Financials Pull The Plug On The Stock's Current Momentum On Its Share Price?
Dec 15Is Harel Insurance Investments & Financial Services Ltd (TLV:HARL) A Smart Choice For Dividend Investors?
Nov 25CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | ₪1b |
| Jun 30 2024 | n/a | n/a | ₪932m |
| Mar 31 2024 | n/a | n/a | ₪744m |
| Dec 31 2023 | ₪3m | ₪3m | ₪485m |
| Sep 30 2023 | n/a | n/a | ₪588m |
| Jun 30 2023 | n/a | n/a | ₪372m |
| Mar 31 2023 | n/a | n/a | ₪238m |
| Dec 31 2022 | ₪3m | ₪3m | ₪906m |
| Sep 30 2022 | n/a | n/a | ₪944m |
| Jun 30 2022 | n/a | n/a | ₪1b |
| Mar 31 2022 | n/a | n/a | ₪2b |
| 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 | ₪1b |
| Dec 31 2020 | ₪3m | ₪3m | ₪724m |
| Sep 30 2020 | n/a | n/a | ₪660m |
| Jun 30 2020 | n/a | n/a | ₪95m |
| Mar 31 2020 | n/a | n/a | ₪101m |
| Dec 31 2019 | ₪3m | ₪3m | ₪457m |
| Sep 30 2019 | n/a | n/a | ₪350m |
| Jun 30 2019 | n/a | n/a | ₪875m |
| Mar 31 2019 | n/a | n/a | ₪770m |
| Dec 31 2018 | ₪4m | ₪3m | ₪620m |
| Sep 30 2018 | n/a | n/a | ₪733m |
| Jun 30 2018 | n/a | n/a | ₪537m |
| Mar 31 2018 | n/a | n/a | ₪478m |
| Dec 31 2017 | ₪3m | ₪3m | ₪684m |
Compensation vs Market: Michel's total compensation ($USD943.76K) is about average for companies of similar size in the IL market ($USD1.16M).
Compensation vs Earnings: Michel's compensation has been consistent with company performance over the past year.
CEO
Michel Siboni (65 yo)
7.9yrs
Tenure
₪3,477,000
Compensation
Mr. Michel Siboni serves as the Chief Executive Officer at Harel Insurance Company Ltd. Mr. Siboni has been the Chief Executive Officer of Harel Insurance Investments & Financial Services Ltd. since April...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 7.9yrs | ₪3.48m | 0.0044% ₪ 454.3k | |
| CFO and Deputy to the CEO | 7.7yrs | ₪3.26m | 0.0010% ₪ 107.1k | |
| Deputy CEO of Harel Insurance & Manager of Health and Life Insurance Division of Harel Insurance | no data | ₪3.27m | no data | |
| Chief Executive Officer of Harel Insurance Company Ltd | 3.4yrs | ₪3.43m | no data | |
| VP & Manager of Investments | 8yrs | ₪3.21m | no data | |
| General Counsel & Deputy CEO of Harel Insurance | no data | ₪2.52m | no data | |
| Deputy CEO & Manager of Investments Division of Harel Insurance | no data | no data | no data | |
| CEO of Harel Financial Products Ltd | no data | ₪5.21m | no data | |
| Chief Executive Officer of Harel Finance Holdings Ltd. | 7.8yrs | ₪2.88m | no data |
7.8yrs
Average Tenure
53yo
Average Age
Experienced Management: HARL's management team is seasoned and experienced (7.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | less than a year | ₪3.48m | 0.0044% ₪ 454.3k | |
| Director | 18.4yrs | no data | no data | |
| Director | 42.7yrs | ₪3.01m | 0.090% ₪ 9.3m | |
| Chairman of the Board | 42.7yrs | ₪3.32m | 0.092% ₪ 9.5m | |
| Director | 42.7yrs | ₪3.01m | no data | |
| Deputy Chairman of the Board | 7.9yrs | no data | no data | |
| Chairman of Harel Finance and Harel-Pia | no data | ₪4.24m | no data | |
| Independent External Director | 4.5yrs | no data | no data | |
| Independent External Director | 3.9yrs | no data | no data | |
| Independent External Director | 2.3yrs | no data | no data |
7.9yrs
Average Tenure
60yo
Average Age
Experienced Board: HARL's board of directors are considered experienced (7.9 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/29 19:35 |
| End of Day Share Price | 2024/12/29 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 |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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 here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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 .
Analyst Sources
Harel Insurance Investments & Financial Services Ltd is covered by 7 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Terence Klingman | Excellence Nessuah Brokerage Services Ltd. |
| Lior Rabinovitz | Israel Brokerage & Investments I.B.I. Ltd. |
| Philip Martin Kett | Jefferies LLC |