Bank Millennium Management
Management criteria checks 4/4
Bank Millennium's CEO is Joao Lima Bras Jorge, appointed in Jul 2006, has a tenure of 18.33 years. total yearly compensation is PLN4.37M, comprised of 55.6% salary and 44.4% bonuses, including company stock and options. directly owns 0.031% of the company’s shares, worth PLN3.14M. The average tenure of the management team and the board of directors is 14.6 years and 9.5 years respectively.
Key information
Joao Lima Bras Jorge
Chief executive officer
zł4.4m
Total compensation
CEO salary percentage | 55.6% |
CEO tenure | 18.3yrs |
CEO ownership | 0.03% |
Management average tenure | 14.6yrs |
Board average tenure | 9.5yrs |
Recent management updates
Recent updates
Earnings Update: Bank Millennium S.A. (WSE:MIL) Just Reported Its Interim Results And Analysts Are Updating Their Forecasts
Jul 29Need To Know: Analysts Are Much More Bullish On Bank Millennium S.A. (WSE:MIL) Revenues
Jun 06We Discuss Why Bank Millennium S.A.'s (WSE:MIL) CEO Compensation May Be Closely Reviewed
Mar 17If You Had Bought Bank Millennium's (WSE:MIL) Shares Three Years Ago You Would Be Down 59%
Jan 22Do Institutions Own Bank Millennium S.A. (WSE:MIL) Shares?
Nov 30CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Sep 30 2024 | n/a | n/a | zł662m |
Jun 30 2024 | n/a | n/a | zł575m |
Mar 31 2024 | n/a | n/a | zł452m |
Dec 31 2023 | zł4m | zł2m | zł576m |
Sep 30 2023 | n/a | n/a | zł710m |
Jun 30 2023 | n/a | n/a | -zł394m |
Mar 31 2023 | n/a | n/a | -zł640m |
Dec 31 2022 | zł5m | zł2m | -zł1b |
Sep 30 2022 | n/a | n/a | -zł2b |
Jun 30 2022 | n/a | n/a | -zł1b |
Mar 31 2022 | n/a | n/a | -zł1b |
Dec 31 2021 | zł3m | zł2m | -zł1b |
Sep 30 2021 | n/a | n/a | -zł932m |
Jun 30 2021 | n/a | n/a | -zł561m |
Mar 31 2021 | n/a | n/a | -zł307m |
Dec 31 2020 | zł5m | zł2m | zł23m |
Sep 30 2020 | n/a | n/a | zł159m |
Jun 30 2020 | n/a | n/a | zł299m |
Mar 31 2020 | n/a | n/a | zł419m |
Dec 31 2019 | zł5m | zł2m | zł561m |
Sep 30 2019 | n/a | n/a | zł746m |
Jun 30 2019 | n/a | n/a | zł746m |
Mar 31 2019 | n/a | n/a | zł765m |
Dec 31 2018 | zł5m | zł2m | zł761m |
Sep 30 2018 | n/a | n/a | zł728m |
Jun 30 2018 | n/a | n/a | zł715m |
Mar 31 2018 | n/a | n/a | zł696m |
Dec 31 2017 | zł5m | zł2m | zł681m |
Compensation vs Market: Joao's total compensation ($USD1.09M) is about average for companies of similar size in the Polish market ($USD888.11K).
Compensation vs Earnings: Joao's compensation has been consistent with company performance over the past year.
CEO
Joao Lima Bras Jorge (55 yo)
18.3yrs
Tenure
zł4,370,460
Compensation
Mr. Joao Nuno Lima Bras Jorge has been the Chairman of the Management Board at Bank Millennium Spolka Akcyjna since October 24, 2013 and has been its Member of the Management Board since July 19, 2006. Mr....
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Chairman of the Management Board | 18.3yrs | zł4.37m | 0.031% PLN 3.1m | |
Deputy Chairman & Secretary of the Supervisory Board | no data | zł170.00k | no data | |
Deputy Chairman of the Management Board & CFO | 22.3yrs | zł2.27m | 0.015% PLN 1.5m | |
Member of Management Board | 27.4yrs | zł1.79m | 0.012% PLN 1.2m | |
Member of Management Board | 14.6yrs | zł1.80m | 0.00087% PLN 87.0k | |
Member of Management Board | 6.6yrs | zł2.38m | 0.0011% PLN 112.0k | |
Member of Management Board | 8.4yrs | zł1.78m | 0.000010% PLN 1.0k | |
Member of Management Board | 6.3yrs | zł1.80m | 0.0022% PLN 220.0k | |
Head of Investor Relations Department | no data | no data | no data | |
Head of the Structured Finance Department | no data | no data | no data |
14.6yrs
Average Tenure
Experienced Management: MIL's management team is seasoned and experienced (14.6 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Deputy Chairman & Secretary of the Supervisory Board | 20.5yrs | zł170.00k | no data | |
Deputy Chairman of the Supervisory Board | 12.6yrs | zł120.00k | no data | |
Chairman of the Supervisory Board | 11.1yrs | zł296.06k | 0.000080% PLN 8.0k | |
Independent Member of the Supervisory Board | 3.7yrs | zł140.00k | no data | |
Member of the Supervisory Board | 6.7yrs | zł185.00k | no data | |
Member of the Supervisory Board | 12.6yrs | zł205.00k | no data | |
Independent Member of the Supervisory Board | 6.7yrs | zł200.00k | no data | |
Member of the Supervisory Board | 9.5yrs | zł120.00k | no data | |
Independent Member of the Supervisory Board | 11.6yrs | zł225.00k | no data | |
Member of the Supervisory Board | 6.7yrs | zł120.00k | no data | |
Independent Member of the Supervisory Board | 9.5yrs | zł180.00k | no data | |
Independent Member of the Supervisory Board | 3.7yrs | zł175.00k | no data |
9.5yrs
Average Tenure
64yo
Average Age
Experienced Board: MIL's board of directors are considered experienced (9.5 years average tenure).