IPAS Indexo Management
Management criteria checks 2/4
IPAS Indexo's CEO is Henrik Karmo, appointed in Aug 2018, has a tenure of 6.5 years. total yearly compensation is €23.07K, comprised of 99.4% salary and 0.6% bonuses, including company stock and options. directly owns 2.09% of the company’s shares, worth €1.01M. The average tenure of the management team and the board of directors is 1.5 years and 4.2 years respectively.
Key information
Henrik Karmo
Chief executive officer
€23.1k
Total compensation
| CEO salary percentage | 99.4% |
| CEO tenure | 6.5yrs |
| CEO ownership | 2.1% |
| Management average tenure | 1.5yrs |
| Board average tenure | 4.2yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -€4m |
| Jun 30 2024 | n/a | n/a | -€3m |
| Mar 31 2024 | n/a | n/a | -€3m |
| Dec 31 2023 | €23k | €23k | -€3m |
Compensation vs Market: Henrik's total compensation ($USD24.21K) is below average for companies of similar size in the LV market ($USD296.24K).
Compensation vs Earnings: Insufficient data to compare Henrik's compensation with company performance.
CEO
Henrik Karmo
6.5yrs
Tenure
€23,074
Compensation
Mr. Henrik Karmo is Member of the Management Board of IPAS Indexo AS from August 16, 2018 and serves as its Chairman of Management Board since May 2024 and he Founder of IPAS Indexo AS. He joined the Ipas...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Chairman Of the Management Board | 6.5yrs | €23.07k | 2.09% € 1.0m | |
| Marketing | no data | €43.63k | 0.053% € 25.7k | |
| Head of INDEXO Bank | less than a year | €65.65k | 2.09% € 1.0m | |
| Member of Management Board | less than a year | no data | no data | |
| Operational Risk Manager | 4.1yrs | no data | no data | |
| Member of Management Board | less than a year | no data | no data | |
| Head of Technology Development | 2.6yrs | no data | no data | |
| Head of Development of Its Retail Banking Segment | 2.3yrs | no data | no data | |
| Head of the Sales Team | no data | no data | no data | |
| Acting Chief Risk Officer & Head of the Risk Management of INDEXO | less than a year | no data | no data |
1.5yrs
Average Tenure
Experienced Management: IDX1R's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Member of the Supervisory Board | less than a year | no data | no data | |
| Vice President of the Supervisory Board | 7.7yrs | €3.50k | no data | |
| Member of Supervisory Board | 1.9yrs | €2.50k | no data | |
| Member of Supervisory Board | 1.9yrs | €3.00k | 0.019% € 9.1k | |
| Chairman of the Supervisory Board | 6.5yrs | €3.50k | 1.21% € 584.9k | |
| Member of the Supervisory Board | 7.5yrs | €3.50k | no data |
4.2yrs
Average Tenure
Experienced Board: IDX1R's board of directors are considered experienced (4.2 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/16 10:24 |
| End of Day Share Price | 2025/02/14 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.
Analysis Model and Snowflake
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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
IPAS Indexo AS 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.