AB Akola Group

NSEL:AKO1L Stock Report

Market Cap: €198.9m

AB Akola Group Management

Management criteria checks 3/4

AB Akola Group's CEO is Darius Zubas, appointed in Jan 1991, has a tenure of 33.83 years. total yearly compensation is €143.24K, comprised of 85.3% salary and 14.7% bonuses, including company stock and options. directly owns 10.24% of the company’s shares, worth €20.37M. The average tenure of the management team and the board of directors is 18.8 years and 2.1 years respectively.

Key information

Darius Zubas

Chief executive officer

€143.2k

Total compensation

CEO salary percentage85.3%
CEO tenure33.8yrs
CEO ownership10.2%
Management average tenure18.8yrs
Board average tenure2.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Darius Zubas's remuneration changed compared to AB Akola Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024€143k€122k

€22m

Mar 31 2024n/an/a

€4m

Dec 31 2023n/an/a

-€11m

Sep 30 2023n/an/a

€8m

Jun 30 2023€146k€131k

€12m

Compensation vs Market: Darius's total compensation ($USD151.77K) is below average for companies of similar size in the LT market ($USD234.76K).

Compensation vs Earnings: Darius's compensation has been consistent with company performance over the past year.

CEO

Darius Zubas (59 yo)

33.8yrs

Tenure

€143,240

Compensation

Mr. Darius Zubas founded AB Akola Group (formerly known as AB Linas Agro Group) and has been its Managing Director since 1991. Mr. Zubas has been Chairman of Management Board at AB Akola Group (formerly kn...

Leadership Team

NamePositionTenureCompensationOwnership
Darius Zubas
Founder33.8yrs€143.24k10.24%
€ 20.4m
Andrius Pranckevicius
Deputy CEO & Deputy Chairman of the Management Board18.8yrs€2.03mno data
Mazvydas Sileika
CFO & Member of Management Board4.6yrs€282.21kno data
Arunas Zubas
Member of Management Board18.8yrs€40.34kno data
Jonas Baksys
Member of Management Board6.4yrs€1.34mno data
Jorinta Zolubaite
Director of Corporate Communicationsno data€32.26kno data
Silvija Lukosiunaite
Human Resources Managerno data€26.96kno data
Rasa Klein
Head of Consolidation & Reportingno datano datano data

18.8yrs

Average Tenure

54.5yo

Average Age

Experienced Management: AKO1L's management team is seasoned and experienced (18.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Tomas Tumenas
Non-Independent Chairman of Supervisory Board2.1yrs€29.28kno data
Carsten Hojland
Independent Member of Supervisory Board2.1yrs€18.72kno data
Arunas Bartusevicius
Independent Member of Supervisory Board2.1yrs€18.72kno data

2.1yrs

Average Tenure

Experienced Board: AKO1L's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.