Carasso Motors Management
Management criteria checks 2/4
Carasso Motors' CEO is Izik Weitz, appointed in Sep 2005, has a tenure of 18.67 years. total yearly compensation is ₪16.96M, comprised of 11.8% salary and 88.2% bonuses, including company stock and options. directly owns 2.49% of the company’s shares, worth ₪38.98M. The average tenure of the management team and the board of directors is 6.9 years and 16.4 years respectively.
Key information
Izik Weitz
Chief executive officer
₪17.0m
Total compensation
| CEO salary percentage | 11.8% |
| CEO tenure | 18.7yrs |
| CEO ownership | 2.5% |
| Management average tenure | 6.9yrs |
| Board average tenure | 16.4yrs |
Recent management updates
Recent updates
Carasso Motors' (TLV:CRSM) Problems Go Beyond Weak Profit
Mar 27
We Think Carasso Motors (TLV:CRSM) Is Taking Some Risk With Its Debt
Apr 17If EPS Growth Is Important To You, Carasso Motors (TLV:CRSM) Presents An Opportunity
Feb 23Returns On Capital At Carasso Motors (TLV:CRSM) Have Stalled
Aug 12If EPS Growth Is Important To You, Carasso Motors (TLV:CRSO) Presents An Opportunity
Jul 06These 4 Measures Indicate That Carasso Motors (TLV:CRSO) Is Using Debt Reasonably Well
May 25Carasso Motors (TLV:CRSO) Might Be Having Difficulty Using Its Capital Effectively
Dec 02Carasso Motors (TLV:CRSO) Seems To Be Using A Lot Of Debt
May 17Estimating The Fair Value Of Carasso Motors Ltd. (TLV:CRSO)
Apr 29There Are Reasons To Feel Uneasy About Carasso Motors' (TLV:CRSO) Returns On Capital
Apr 14Something To Consider Before Buying Carasso Motors Ltd. (TLV:CRSO) For The 5.9% Dividend
Mar 09Should You Use Carasso Motors' (TLV:CRSO) Statutory Earnings To Analyse It?
Feb 16What You Need To Know About Carasso Motors Ltd.'s (TLV:CRSO) Investor Composition
Jan 30
Carasso Motors (TLV:CRSO) Has No Shortage Of Debt
Jan 14Has Carasso Motors (TLV:CRSO) Got What It Takes To Become A Multi-Bagger?
Dec 24Read This Before Buying Carasso Motors Ltd. (TLV:CRSO) For Its Dividend
Dec 07Carasso Motors (TLV:CRSO) Share Prices Have Dropped 62% In The Last Three Years
Nov 19CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | ₪200m |
| Sep 30 2023 | n/a | n/a | ₪270m |
| Jun 30 2023 | n/a | n/a | ₪313m |
| Mar 31 2023 | n/a | n/a | ₪343m |
| Dec 31 2022 | ₪17m | ₪2m | ₪380m |
| Sep 30 2022 | n/a | n/a | ₪371m |
| Jun 30 2022 | n/a | n/a | ₪353m |
| Mar 31 2022 | n/a | n/a | ₪343m |
| Dec 31 2021 | ₪14m | ₪2m | ₪277m |
| Sep 30 2021 | n/a | n/a | ₪250m |
| Jun 30 2021 | n/a | n/a | ₪213m |
| Mar 31 2021 | n/a | n/a | ₪145m |
| Dec 31 2020 | ₪5m | ₪2m | ₪131m |
| Sep 30 2020 | n/a | n/a | ₪120m |
| Jun 30 2020 | n/a | n/a | ₪108m |
| Mar 31 2020 | n/a | n/a | ₪143m |
| Dec 31 2019 | ₪5m | ₪2m | ₪127m |
Compensation vs Market: Izik's total compensation ($USD4.52M) is above average for companies of similar size in the IL market ($USD844.25K).
Compensation vs Earnings: Izik's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Izik Weitz (71 yo)
18.7yrs
Tenure
₪16,964,000
Compensation
Mr. Izaac Weitz, also known as Izik, is Chief Executive Officer of Carasso Motors Ltd. from September 01, 2005. He has B.A. in Economics & Accounting from Tel Aviv University.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 18.7yrs | ₪16.96m | 2.49% ₪ 39.0m | |
| Chief Financial Officer | 8.3yrs | ₪2.33m | no data | |
| Deputy CEO & CEO of the Car Group | 3.8yrs | ₪6.67m | 0.17% ₪ 2.7m | |
| Legal Advisor & Company Secretary | 16.8yrs | no data | no data | |
| Vice President of Human Resources | 5.5yrs | no data | no data | |
| CEO of Pacific Automobile and Transportation Ltd | 1.9yrs | no data | no data |
6.9yrs
Average Tenure
51yo
Average Age
Experienced Management: CRSM's management team is seasoned and experienced (6.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Director | 16.4yrs | ₪164.58k | 8.67% ₪ 136.0m | |
| Independent Director | 9.3yrs | no data | no data | |
| External Independent Director | 3.8yrs | no data | no data | |
| Director | 13.7yrs | ₪176.98k | no data | |
| Chairman of the Board | 16.4yrs | ₪211.88k | 9.12% ₪ 143.0m | |
| Director | 16.4yrs | no data | 8.67% ₪ 136.0m | |
| Director | 16.4yrs | ₪186.78k | 5.72% ₪ 89.7m | |
| Director | 16.4yrs | ₪180.00k | no data | |
| Director | 16.4yrs | ₪167.02k | no data | |
| External Independent Director | 5.3yrs | no data | 0.0039% ₪ 61.5k | |
| Director | 16.4yrs | no data | no data | |
| Director | 16.4yrs | ₪179.41k | no data |
16.4yrs
Average Tenure
67yo
Average Age
Experienced Board: CRSM's board of directors are seasoned and experienced ( 16.4 years average tenure).