Marel hf Management
Management criteria checks 3/4
Marel hf's CEO is Arni Sigurdsson, appointed in Nov 2023, has a tenure of 1.08 years. total yearly compensation is €907.71K, comprised of 13.3% salary and 86.7% bonuses, including company stock and options. directly owns 0.086% of the company’s shares, worth ISK382.81M. The average tenure of the management team and the board of directors is 5.6 years and 8.3 years respectively.
Key information
Arni Sigurdsson
Chief executive officer
€907.7k
Total compensation
| CEO salary percentage | 13.3% |
| CEO tenure | 1.1yrs |
| CEO ownership | 0.09% |
| Management average tenure | 5.6yrs |
| Board average tenure | 8.3yrs |
Recent management updates
Recent updates
Estimating The Intrinsic Value Of Marel hf. (ICE:MAREL)
Sep 23
Marel hf (ICE:MAREL) Has A Somewhat Strained Balance Sheet
Sep 02A Look At The Intrinsic Value Of Marel hf. (ICE:MAREL)
Jun 17Marel hf (ICE:MAREL) Takes On Some Risk With Its Use Of Debt
May 30Estimating The Intrinsic Value Of Marel hf. (ICE:MAREL)
Mar 16This Is Why We Think Marel hf.'s (ICE:MAREL) CEO Might Get A Pay Rise Approved By Shareholders
Mar 16Here's Why Marel hf (ICE:MAREL) Has A Meaningful Debt Burden
Feb 25A Look At The Fair Value Of Marel hf. (ICE:MAREL)
Dec 10Is Marel hf (ICE:MAREL) A Risky Investment?
Nov 22Marel hf.'s (ICE:MAREL) Intrinsic Value Is Potentially 28% Above Its Share Price
Sep 10Marel hf (ICE:MAREL) Seems To Use Debt Quite Sensibly
May 31Is Marel hf. (ICE:MAREL) Expensive For A Reason? A Look At Its Intrinsic Value
Apr 23Shareholders Will Probably Not Have Any Issues With Marel hf.'s (ICE:MAREL) CEO Compensation
Mar 09Marel hf (ICE:MAREL) Seems To Use Debt Quite Sensibly
Mar 01Marel hf (ICE:MAREL) Hasn't Managed To Accelerate Its Returns
Jan 22Estimating The Fair Value Of Marel hf. (ICE:MAREL)
Jan 05We Think Marel hf (ICE:MAREL) Can Stay On Top Of Its Debt
Nov 20Investors Met With Slowing Returns on Capital At Marel hf (ICE:MAREL)
Oct 20Does This Valuation Of Marel hf. (ICE:MAREL) Imply Investors Are Overpaying?
Oct 02Marel hf (ICE:MAREL) Has A Rock Solid Balance Sheet
Aug 10CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | €11m |
| Jun 30 2024 | n/a | n/a | €18m |
| Mar 31 2024 | n/a | n/a | €19m |
| Dec 31 2023 | €908k | €121k | €31m |
Compensation vs Market: Arni's total compensation ($USD947.11K) is below average for companies of similar size in the IS market ($USD1.87M).
Compensation vs Earnings: Insufficient data to compare Arni's compensation with company performance.
CEO
Arni Sigurdsson (41 yo)
1.1yrs
Tenure
€907,707
Compensation
Mr. Arni Sigurdsson serves as Chief Executive Officer at Marel hf. since December 11, 2023. Mr. Sigurdsson joined the Marel hf.in 2014. He had been a Chief Business Officer and Deputy Chief Executive Offi...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Member of Executive Board | 1.1yrs | €907.71k | 0.086% ISK 382.8m | |
| Chief Financial Officer | less than a year | no data | no data | |
| Chief Human Resource Officer & Member of Executive Board | 11.9yrs | no data | no data | |
| Director of Investor Relations | no data | no data | no data | |
| General Counsel | no data | no data | no data | |
| Sales & Marketing Director | no data | no data | no data | |
| Director of Finance & Secretary | no data | no data | no data | |
| Corporate Director of Treasury & Financing | 10.2yrs | no data | no data |
5.6yrs
Average Tenure
Experienced Management: MAREL's management team is seasoned and experienced (5.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 11.8yrs | €70.00k | no data | |
| Independent Director | 3.8yrs | €83.00k | no data | |
| Independent Chairman of the Board | 23.9yrs | €186.00k | 0.033% ISK 147.0m | |
| Independent Director | 4.8yrs | €74.00k | no data | |
| Independent Director | 10.8yrs | €70.00k | 0.00066% ISK 2.9m | |
| Independent Director | 5.8yrs | €67.00k | no data |
8.3yrs
Average Tenure
61yo
Average Age
Experienced Board: MAREL's board of directors are considered experienced (8.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 20:02 |
| End of Day Share Price | 2024/12/20 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Marel hf. is covered by 10 analysts. 5 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 |
|---|---|
| Robert Jan Vos | ABN AMRO Bank N.V. |
| Eric Wilmer | ABN AMRO Bank N.V. |
| Beatrice Allen | Berenberg |