Multi Retail Group Management
Management criteria checks 3/4
Multi Retail Group's CEO is Itzhak Uzana, appointed in Mar 2017, has a tenure of 7.67 years. total yearly compensation is ₪2.41M, comprised of 85.1% salary and 14.9% bonuses, including company stock and options. directly owns 2.82% of the company’s shares, worth ₪8.06M. The average tenure of the management team and the board of directors is 6 years and 6.9 years respectively.
Key information
Itzhak Uzana
Chief executive officer
₪2.4m
Total compensation
| CEO salary percentage | 85.1% |
| CEO tenure | 7.7yrs |
| CEO ownership | 2.8% |
| Management average tenure | 6yrs |
| Board average tenure | 6.9yrs |
Recent management updates
Recent updates
There's Reason For Concern Over Multi Retail Group Ltd's (TLV:MRG) Massive 28% Price Jump
Nov 11
Multi Retail Group (TLV:MRG) Takes On Some Risk With Its Use Of Debt
Oct 10Multi Retail Group Ltd's (TLV:MRG) 27% Share Price Surge Not Quite Adding Up
Sep 05The Returns On Capital At Multi Retail Group (TLV:MRG) Don't Inspire Confidence
Aug 28There Are Reasons To Feel Uneasy About Multi Retail Group's (TLV:MRG) Returns On Capital
May 24What Multi Retail Group Ltd's (TLV:MRG) 31% Share Price Gain Is Not Telling You
Apr 19Multi Retail Group Ltd's (TLV:MRG) 41% Price Boost Is Out Of Tune With Revenues
Jan 08Estimating The Fair Value Of Multi Retail Group Ltd (TLV:MRG)
Aug 14Multi Retail Group (TLV:MRG) Will Be Hoping To Turn Its Returns On Capital Around
Jun 02Ace Capital Retail (2016) Ltd's (TLV:ACE) Low P/E No Reason For Excitement
Apr 13CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | -₪19m |
| Mar 31 2024 | n/a | n/a | -₪33m |
| Dec 31 2023 | ₪2m | ₪2m | -₪45m |
| Sep 30 2023 | n/a | n/a | -₪47m |
| Jun 30 2023 | n/a | n/a | -₪23m |
| Mar 31 2023 | n/a | n/a | -₪14m |
| Dec 31 2022 | ₪3m | ₪2m | -₪7m |
| Sep 30 2022 | n/a | n/a | ₪4m |
| Jun 30 2022 | n/a | n/a | ₪12m |
| Mar 31 2022 | n/a | n/a | ₪18m |
| Dec 31 2021 | ₪3m | ₪2m | ₪31m |
Compensation vs Market: Itzhak's total compensation ($USD656.29K) is above average for companies of similar size in the IL market ($USD422.91K).
Compensation vs Earnings: Itzhak's compensation has been consistent with company performance over the past year.
CEO
Itzhak Uzana (52 yo)
7.7yrs
Tenure
₪2,413,000
Compensation
Mr. Itzhak Baruch Uzana has been Chief Executive Officer at Multi Retail Group Ltd (formerly known as Ace Capital Retail (2016) Ltd) since March 1, 2017. He joined Multi Retail Group Ltd (formerly known as...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 7.7yrs | ₪2.41m | 2.82% ₪ 8.1m | |
| Chief Financial Officer | 1.8yrs | ₪827.00k | no data | |
| Vice President of Operations & Sales | 4.2yrs | ₪810.00k | no data | |
| Vice President of Marketing & Advertising | 7.7yrs | ₪807.00k | no data | |
| Vice President of Trade | 7.7yrs | ₪929.00k | 0.014% ₪ 39.5k | |
| Finance Manager & Chief Accountant | 1.8yrs | no data | no data | |
| Chief Information Officer | 1.6yrs | no data | no data | |
| Legal Counsel & Company Secretary | 4.3yrs | no data | no data | |
| Chief Executive Officer of the Betili | 12.3yrs | no data | no data | |
| Vice President of Economics & Control | 7.7yrs | no data | 0.035% ₪ 99.4k |
6.0yrs
Average Tenure
52yo
Average Age
Experienced Management: MRG's management team is seasoned and experienced (6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Director | 8yrs | no data | no data | |
| Chairman of the Board | 8yrs | no data | no data | |
| Independent Director | 6.8yrs | no data | no data | |
| Director | 6.9yrs | no data | no data | |
| Independent External Director | 3.8yrs | no data | no data | |
| Independent External Director | 3.8yrs | no data | no data |
6.9yrs
Average Tenure
53yo
Average Age
Experienced Board: MRG's board of directors are considered experienced (6.9 years average tenure).