Carasso Motors Management
Management criteria checks 3/4
Carasso Motors' CEO is Izik Weitz, appointed in Sep 2005, has a tenure of 19.25 years. total yearly compensation is ₪9.50M, comprised of 21.3% salary and 78.7% bonuses, including company stock and options. directly owns 2.47% of the company’s shares, worth ₪57.34M. The average tenure of the management team and the board of directors is 7.5 years and 17 years respectively.
Key information
Izik Weitz
Chief executive officer
₪9.5m
Total compensation
| CEO salary percentage | 21.3% |
| CEO tenure | 19.3yrs |
| CEO ownership | 2.5% |
| Management average tenure | 7.5yrs |
| Board average tenure | 17yrs |
Recent management updates
Recent updates
Investor Optimism Abounds Carasso Motors Ltd. (TLV:CRSM) But Growth Is Lacking
Nov 29
Shareholders Will Probably Hold Off On Increasing Carasso Motors Ltd.'s (TLV:CRSM) CEO Compensation For The Time Being
Sep 24Carasso Motors' (TLV:CRSM) Problems Go Beyond Weak Profit
Mar 27We 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 |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | ₪210m |
| Jun 30 2024 | n/a | n/a | ₪177m |
| Mar 31 2024 | n/a | n/a | ₪177m |
| Dec 31 2023 | ₪9m | ₪2m | ₪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 ($USD2.60M) is above average for companies of similar size in the IL market ($USD920.57K).
Compensation vs Earnings: Izik's compensation has been consistent with company performance over the past year.
CEO
Izik Weitz (72 yo)
19.3yrs
Tenure
₪9,495,000
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 | 19.3yrs | ₪9.50m | 2.47% ₪ 57.3m | |
| Chief Financial Officer | 8.9yrs | ₪1.49m | no data | |
| Deputy CEO & CEO of the Car Group | 4.3yrs | ₪4.28m | 0.17% ₪ 3.9m | |
| CEO of Pacific Automobile and Transportation Ltd | 2.5yrs | ₪7.11m | no data | |
| Legal Advisor & Company Secretary | 17.3yrs | no data | no data | |
| Vice President of Human Resources | 6.1yrs | no data | no data |
7.5yrs
Average Tenure
52yo
Average Age
Experienced Management: CRSM's management team is seasoned and experienced (7.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Director | 17yrs | ₪164.58k | 8.61% ₪ 200.1m | |
| External Independent Director | 4.3yrs | no data | no data | |
| Director | 14.3yrs | ₪176.98k | no data | |
| Chairman of the Board | 17yrs | ₪211.88k | 9.04% ₪ 210.3m | |
| Director | 17yrs | no data | 8.61% ₪ 200.1m | |
| Director | 17yrs | ₪186.78k | 5.68% ₪ 132.0m | |
| Director | 17yrs | ₪180.00k | no data | |
| Director | 17yrs | ₪167.02k | no data | |
| External Independent Director | 5.9yrs | no data | 0.0039% ₪ 90.5k | |
| Director | 17yrs | ₪179.41k | no data |
17.0yrs
Average Tenure
68yo
Average Age
Experienced Board: CRSM's board of directors are seasoned and experienced ( 17 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 20:05 |
| End of Day Share Price | 2024/12/19 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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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Industry and Sector Metrics
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Analyst Sources
Carasso Motors Ltd. is covered by 0 analysts. 0 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 |
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