International Consolidated Airlines Group Management
Management criteria checks 4/4
International Consolidated Airlines Group's CEO is Luis Gallego Martin, appointed in Sep 2020, has a tenure of 2.58 years. total yearly compensation is €3.03M, comprised of 31.8% salary and 68.2% bonuses, including company stock and options. directly owns 0.019% of the company’s shares, worth MX$32.31M. The average tenure of the management team and the board of directors is 3.1 years and 3.8 years respectively.
Key information
Luis Gallego Martin
Chief executive officer
€3.0m
Total compensation
| CEO salary percentage | 31.8% |
| CEO tenure | 2.6yrs |
| CEO ownership | 0.02% |
| Management average tenure | 3.1yrs |
| Board average tenure | 3.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2022 | €3m | €963k | €431m |
| Sep 30 2022 | n/a | n/a | -€112m |
| Jun 30 2022 | n/a | n/a | -€2b |
| Mar 31 2022 | n/a | n/a | -€3b |
| Dec 31 2021 | €1m | €855k | -€3b |
| Sep 30 2021 | n/a | n/a | -€4b |
| Jun 30 2021 | n/a | n/a | -€5b |
| Mar 31 2021 | n/a | n/a | -€6b |
| Dec 31 2020 | €846k | €232k | -€7b |
Compensation vs Market: Luis's total compensation ($USD3.34M) is about average for companies of similar size in the MX market ($USD2.75M).
Compensation vs Earnings: Luis's compensation has been consistent with company performance over the past year.
CEO
Luis Gallego Martin
2.6yrs
Tenure
€3,026,000
Compensation
Mr. Luis Gallego Martin serves as Chief Executive Officer of International Consolidated Airlines Group, S.A. since September 8, 2020. He serves as Executive Director at International Consolidated Airlines...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 2.6yrs | €3.03m | 0.019% MX$ 32.3m | |
| CFO & Interim Non-Executive Chairman of Cargo | 1.1yrs | no data | no data | |
| Chief Information Officer | 3.6yrs | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| General Counsel | less than a year | no data | no data | |
| Chief People | 2yrs | no data | no data | |
| Head of Digital Business Transformation | no data | no data | no data | |
| Chief Transformation Officer & CEO of LEVEL | 2.5yrs | no data | no data | |
| Secretary of the Board of Directors | 9.3yrs | no data | no data | |
| Chairman & CEO of Iberia | 7yrs | no data | no data | |
| Chairman & CEO of Aer Lingus | no data | no data | no data | |
| CEO & Chairman of British Airways | 4.3yrs | no data | no data |
3.1yrs
Average Tenure
52yo
Average Age
Experienced Management: IAG N's management team is considered experienced (3.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 2.6yrs | €3.03m | 0.019% MX$ 32.3m | |
| Chairman & CEO of Iberia | 7yrs | no data | no data | |
| Chairman & CEO of Aer Lingus | no data | no data | no data | |
| CEO & Chairman of British Airways | 4.3yrs | no data | no data | |
| Chairman & CEO of Vueling | 2.6yrs | no data | no data | |
| Chairman & CEO of IAG Loyalty | no data | no data | no data | |
| Independent Non-Executive Director | 3.8yrs | €143.00k | 0.00018% MX$ 307.4k | |
| Independent Chairman of the Board | 3.8yrs | €650.00k | 0.016% MX$ 26.7m | |
| Non-Executive Independent Director | 5.3yrs | €152.00k | 0.000090% MX$ 153.7k | |
| Senior Non-Executive Independent Director | 2.3yrs | €153.00k | 0.0011% MX$ 1.9m | |
| Independent Non-Executive Director | 6.8yrs | €131.00k | no data | |
| Non-Executive Proprietary Director | 2.6yrs | €120.00k | 0.000010% MX$ 17.1k |
3.8yrs
Average Tenure
62.5yo
Average Age
Experienced Board: IAG N's board of directors are considered experienced (3.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/04/28 16:22 |
| End of Day Share Price | 2023/01/29 00:00 |
| Earnings | 2022/12/31 |
| Annual Earnings | 2022/12/31 |
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 |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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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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
International Consolidated Airlines Group S.A. is covered by 66 analysts. 25 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 |
|---|---|
| Elena Fernández | Ahorro Corporación |
| Hélène Coumes | AlphaValue |
| Guilherme Sampaio | Banco BPI, S.A. |