ARGO Properties Management

Management criteria checks 2/4

ARGO Properties' CEO is Gal Tennenboum, appointed in Jul 2018, has a tenure of 5.83 years. total yearly compensation is €1.09M, comprised of 28.6% salary and 71.4% bonuses, including company stock and options. directly owns 4.8% of the company’s shares, worth ₪59.72M. The average tenure of the management team and the board of directors is 5.8 years and 3.1 years respectively.

Key information

Gal Tennenboum

Chief executive officer

€1.1m

Total compensation

CEO salary percentage28.6%
CEO tenure5.8yrs
CEO ownership4.8%
Management average tenure5.8yrs
Board average tenure3.1yrs

Recent management updates

Recent updates

A Look At The Fair Value Of ARGO Properties N.V. (TLV:ARGO)

Sep 21
A Look At The Fair Value Of ARGO Properties N.V. (TLV:ARGO)

ARGO Properties' (TLV:ARGO) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Mar 26
ARGO Properties' (TLV:ARGO) Sluggish Earnings Might Be Just The Beginning Of Its Problems

CEO Compensation Analysis

How has Gal Tennenboum's remuneration changed compared to ARGO Properties's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

-€43m

Sep 30 2023n/an/a

-€24m

Jun 30 2023n/an/a

-€11m

Mar 31 2023n/an/a

-€757k

Dec 31 2022€1m€311k

€27m

Compensation vs Market: Gal's total compensation ($USD1.16M) is above average for companies of similar size in the IL market ($USD843.08K).

Compensation vs Earnings: Insufficient data to compare Gal's compensation with company performance.


CEO

Gal Tennenboum (50 yo)

5.8yrs

Tenure

€1,086,000

Compensation

Mr. Gal Tennenboum serves as Co-CEO at ARGO Properties N.V. since July 2018.


Leadership Team

NamePositionTenureCompensationOwnership
Gal Tennenboum
Co-CEO5.8yrs€1.09m4.8%
€ 59.7m
Ofir Rahamim
Co-CEO5.8yrs€1.08m4.65%
€ 57.9m
Guy Priel
Chief Financial Officer4.2yrs€378.00k0.18%
€ 2.2m
Amir Ghahremani
VP of Business Development5.8yrs€534.00k0.78%
€ 9.8m
Rene Deschner
Chief Operating Officer5.9yrsno data0.055%
€ 688.0k
Fred Ganea
Head of Strategy5.8yrsno data1.05%
€ 13.0m

5.8yrs

Average Tenure

49.5yo

Average Age

Experienced Management: ARGO's management team is seasoned and experienced (5.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ron Tira
Chairman2.3yrsno datano data
Peter Bodis
Non-Executive Director3.1yrsno datano data
Nir Ilani
Non-Executive Director2.3yrsno datano data
Lambertus Van Heuvel
Independent Non-Executive Director3.5yrsno datano data
Monique van Eeuwijk
Independent Non-Executive Director3.1yrsno datano data

3.1yrs

Average Tenure

54yo

Average Age

Experienced Board: ARGO's board of directors are considered experienced (3.1 years average tenure).


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