Alvotech Management
Management criteria checks 2/4
We currently do not have sufficient information about the CEO.
Key information
Vilhelm Wessman
Chief executive officer
US$2.3m
Total compensation
| CEO salary percentage | 93.67% |
| CEO tenure | 2.8yrs |
| CEO ownership | n/a |
| Management average tenure | less than a year |
| Board average tenure | 5.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2025 | n/a | n/a | US$69m |
| Jun 30 2025 | n/a | n/a | US$63m |
| Mar 31 2025 | n/a | n/a | US$97m |
| Dec 31 2024 | US$2m | US$2m | -US$232m |
| Sep 30 2024 | n/a | n/a | -US$441m |
| Jun 30 2024 | n/a | n/a | -US$618m |
| Mar 31 2024 | n/a | n/a | -US$494m |
| Dec 31 2023 | US$2m | US$1m | -US$552m |
| Sep 30 2023 | n/a | n/a | -US$596m |
| Jun 30 2023 | n/a | n/a | -US$416m |
| Mar 31 2023 | n/a | n/a | -US$713m |
| Dec 31 2022 | US$740k | n/a | -US$514m |
Compensation vs Market: Vilhelm's total compensation ($USD2.32M) is above average for companies of similar size in the IS market ($USD1.58M).
Compensation vs Earnings: Vilhelm's compensation has been consistent with company performance over the past year.
CEO
Vilhelm Wessman (56 yo)
Mr. Vilhelm Robert Wessman is the Founder of Alvogen Iceland Ehf and has been its Chairman and Chief Executive Officer since 2009. Mr. Wessman founded ALVOTECH ehf and has been its Executive Chairman since...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, Founder & Executive Chairman | 2.8yrs | US$2.32m | no data | |
| Chief Financial Officer | less than a year | no data | no data | |
| Chief Scientific & Technical Officer | 6.1yrs | no data | 0.049% ISK 101.1m | |
| VP of Investor Relations and Global Communications | no data | no data | no data | |
| General Counsel | 2.8yrs | no data | 0% ISK 0 | |
| Vice President of People & Culture | 1.6yrs | no data | no data | |
| Chief Regulatory Affairs Officer | 1.8yrs | no data | no data | |
| Chief Quality Officer | less than a year | no data | no data | |
| Chief Strategy Officer | less than a year | no data | no data | |
| Executive Vice President of Capital Markets and M&A | less than a year | no data | no data | |
| Vice President & Head of Business Development | less than a year | no data | no data | |
| Senior Vice President of Global Business Development and Commercial Operation | less than a year | no data | no data |
Experienced Management: ALVO's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, Founder & Executive Chairman | 6.8yrs | US$2.32m | no data | |
| Director | no data | US$41.00k | 0.00075% ISK 1.5m | |
| Non-Executive Director | 3.4yrs | US$251.00k | 0.0068% ISK 13.9m | |
| Non-Executive Director | 6.8yrs | no data | no data | |
| Non-Executive Director | 3.4yrs | no data | no data | |
| Independent Non-Executive Deputy Chairman | 6.8yrs | US$339.00k | 0.35% ISK 712.1m | |
| Independent Non-Executive Director | 3.4yrs | US$295.00k | 0.0068% ISK 13.9m |
Experienced Board: ALVO's board of directors are considered experienced (5.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/11/24 07:46 |
| End of Day Share Price | 2025/11/24 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2024/12/31 |
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 |
| |
| Management | 10 years |
| |
| 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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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 Github.
Analyst Sources
Alvotech is covered by 7 analysts. 4 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 |
|---|---|
| Andrew Baum | Citigroup Inc |
| Peter Verdult | Citigroup Inc |
| Niall Alexander | Deutsche Bank |