ARGO Properties Management
Management criteria checks 4/4
ARGO Properties' CEO is Gal Tennenboum, appointed in Jul 2018, has a tenure of 6.33 years. total yearly compensation is €749.00K, comprised of 44.2% salary and 55.8% bonuses, including company stock and options. directly owns 4.81% of the company’s shares, worth ₪84.12M. The average tenure of the management team and the board of directors is 6.3 years and 3.6 years respectively.
Key information
Gal Tennenboum
Chief executive officer
€749.0k
Total compensation
| CEO salary percentage | 44.2% |
| CEO tenure | 6.3yrs |
| CEO ownership | 4.8% |
| Management average tenure | 6.3yrs |
| Board average tenure | 3.6yrs |
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | -€19m |
| Mar 31 2024 | n/a | n/a | -€27m |
| Dec 31 2023 | €749k | €331k | -€43m |
| Sep 30 2023 | n/a | n/a | -€24m |
| Jun 30 2023 | n/a | n/a | -€11m |
| Mar 31 2023 | n/a | n/a | -€757k |
| Dec 31 2022 | €1m | €311k | €27m |
Compensation vs Market: Gal's total compensation ($USD784.70K) is about average for companies of similar size in the IL market ($USD799.46K).
Compensation vs Earnings: Gal's compensation has been consistent with company performance over the past year.
CEO
Gal Tennenboum (51 yo)
6.3yrs
Tenure
€749,000
Compensation
Mr. Gal Tennenboum serves as Co-CEO at ARGO Properties N.V. since July 2018.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-CEO | 6.3yrs | €749.00k | 4.81% ₪ 84.1m | |
| Co-CEO | 6.3yrs | €772.00k | 4.65% ₪ 81.3m | |
| Chief Financial Officer | 4.7yrs | €387.00k | 0.18% ₪ 3.1m | |
| Head of Strategy | 6.3yrs | €458.00k | 1.05% ₪ 18.3m | |
| Chief Operating Officer | 6.4yrs | no data | 0.055% ₪ 966.8k | |
| VP of Business Development | 6.3yrs | €534.00k | 0.78% ₪ 13.7m |
6.3yrs
Average Tenure
50.5yo
Average Age
Experienced Management: ARGO's management team is seasoned and experienced (6.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 2.8yrs | no data | no data | |
| Non-Executive Director | 3.6yrs | no data | no data | |
| Non-Executive Director | 2.8yrs | no data | no data | |
| Independent Non-Executive Director | 4yrs | no data | no data | |
| Independent Non-Executive Director | 3.6yrs | no data | no data |
3.6yrs
Average Tenure
55yo
Average Age
Experienced Board: ARGO's board of directors are considered experienced (3.6 years average tenure).