Grenevia Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Miroslaw Bendzera

Chief executive officer

zł961.0k

Total compensation

CEO salary percentage	86.8%
CEO tenure	9.6yrs
CEO ownership	n/a
Management average tenure	9yrs
Board average tenure	6.1yrs

Recent management updates

Recent updates

Little Excitement Around Grenevia S.A.'s (WSE:GEA) Earnings As Shares Take 25% Pounding

Apr 26

Estimating The Fair Value Of Grenevia S.A. (WSE:GEA)

Oct 16

Grenevia S.A.'s (WSE:GEA) Intrinsic Value Is Potentially 20% Below Its Share Price

Apr 24

New Forecasts: Here's What Analysts Think The Future Holds For Famur S.A. (WSE:FMF)

Jun 11

Downgrade: Here's How Analysts See Famur S.A. (WSE:FMF) Performing In The Near Term

Mar 04

Should We Be Excited About The Trends Of Returns At Famur (WSE:FMF)?

Mar 02

Famur (WSE:FMF) Has A Pretty Healthy Balance Sheet

Feb 15

We Think Famur's (WSE:FMF) Statutory Profit Might Understate Its Earnings Potential

Feb 02

Famur S.A.'s (WSE:FMF) Has Been On A Rise But Financial Prospects Look Weak: Is The Stock Overpriced?

Jan 20

An Intrinsic Calculation For Famur S.A. (WSE:FMF) Suggests It's 29% Undervalued

Jan 07

What Is The Ownership Structure Like For Famur S.A. (WSE:FMF)?

Dec 24

Is Now The Time To Look At Buying Famur S.A. (WSE:FMF)?

Dec 10

Should You Be Impressed By Famur's (WSE:FMF) Returns on Capital?

Nov 25

CEO Compensation Analysis

How has Miroslaw Bendzera's remuneration changed compared to Grenevia's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	zł311m
Sep 30 2023	n/a	n/a	zł279m
Jun 30 2023	n/a	n/a	zł265m
Mar 31 2023	n/a	n/a	zł271m
Dec 31 2022	zł961k	zł834k	zł252m
Sep 30 2022	n/a	n/a	zł107m
Jun 30 2022	n/a	n/a	zł90m
Mar 31 2022	n/a	n/a	zł39m
Dec 31 2021	zł3m	zł2m	zł35m
Sep 30 2021	n/a	n/a	zł128m
Jun 30 2021	n/a	n/a	zł157m
Mar 31 2021	n/a	n/a	zł168m
Dec 31 2020	zł643k	zł564k	zł183m
Sep 30 2020	n/a	n/a	zł65m
Jun 30 2020	n/a	n/a	zł43m
Mar 31 2020	n/a	n/a	zł235m
Dec 31 2019	zł2m	zł574k	zł248m

Compensation vs Market: Miroslaw's total compensation ($USD236.21K) is about average for companies of similar size in the Polish market ($USD319.17K).

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

CEO

Miroslaw Bendzera

9.6yrs

Tenure

zł961,000

Compensation

Mr. Miroslaw Bendzera serves as Member of the Supervisory Board at Famur FAMAK S.A. He serves as the Chairman of Management Board at Pioma Odlewnia Sp. z o.o.Mr. Bendzera has been President of the Managem...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Miroslaw Bendzera	President of the Management Board & CEO	9.6yrs	zł961.00k	no data
Beata Zawiszowska	CFO, VP & Member of Management Board	22.3yrs	zł686.00k	no data
Tomasz Jakubowski	VP of Underground Segment	5.7yrs	zł705.00k	no data
Dawid Gruszczyk	VP of Sales & Member of Management Board	8.3yrs	zł637.00k	no data

9.0yrs

Average Tenure

Experienced Management: GEA's management team is seasoned and experienced (9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Robert Rogowski	Member of Supervisory Board	1.3yrs	zł14.00k	no data
Tomasz Domogala	Chairman of the Supervisory Board	20.3yrs	zł8.00k	no data
Czeslaw Kisiel	Vice Chairman of the Supervisory Board	15.3yrs	zł6.00k	no data
Jacek Leonkiewicz	Member of Supervisory Board	no data	zł14.00k	no data
Adam Toborek	Member of the Supervisory Board	2.9yrs	zł11.00k	no data
Dorota Wyjadlowska	Independent Member of Supervisory Board	6.6yrs	zł24.00k	no data
Tomasz Kruk	Independent Member of the Supervisory Board	5.6yrs	zł24.00k	no data

6.1yrs

Average Tenure

Experienced Board: GEA's board of directors are considered experienced (6.1 years average tenure).

Grenevia Management

Management criteria checks 4/4

Key information

Recent management updates

Grenevia S.A., Annual General Meeting, Jun 27, 2023

Famur S.A., Annual General Meeting, Jun 22, 2022

Recent updates

Little Excitement Around Grenevia S.A.'s (WSE:GEA) Earnings As Shares Take 25% Pounding

Full year 2023 earnings released: EPS: zł0.54 (vs zł0.44 in FY 2022)

Grenevia S.A. to Report Fiscal Year 2023 Results on Apr 22, 2024

Consensus revenue estimates decrease by 12%

Price target decreased by 9.4% to zł3.49

Grenevia S.A. to Report Q3, 2024 Results on Nov 08, 2024

Third quarter 2023 earnings released: EPS: zł0.13 (vs zł0.10 in 3Q 2022)

Estimating The Fair Value Of Grenevia S.A. (WSE:GEA)

Price target increased by 8.1% to zł4.27

Second quarter 2023 earnings released

Grenevia S.A. acquired a 75% stake in Total Wind Pl Sp Z O O for €4.5 million.

Grenevia S.A., Annual General Meeting, Jun 27, 2023

Investor sentiment improves as stock rises 15%

Full year 2022 earnings released: EPS: zł0.44 (vs zł0.059 in FY 2021)

Grenevia S.A.'s (WSE:GEA) Intrinsic Value Is Potentially 20% Below Its Share Price

Price target increased by 8.4% to zł3.95

Famur S.A. to Report Q3, 2023 Results on Nov 13, 2023

Consensus forecasts updated

Third quarter 2022 earnings released

Famur S.A. (WSE:FMF) agreed to acquire 51% of Impact Clean Power Technology S.A. from PRIVATE PERSON for € 59.12 million.

Now 21% undervalued

Consensus forecasts updated

Second quarter 2022 earnings released: EPS: zł0.12 (vs zł0.04 in 2Q 2021)

Alternus Energy Group plc (OB:ALT) signed agreements to acquire 184 megawatts (MW) of PV Solar from Famur S.A. (WSE:FMF) and Projekt-Solartechnik Spolka Akcyjna for PLN 750 million.

New Forecasts: Here's What Analysts Think The Future Holds For Famur S.A. (WSE:FMF)

Consensus forecasts updated

Famur (WSE:FMF) Has Some Way To Go To Become A Multi-Bagger

Famur S.A., Annual General Meeting, Jun 22, 2022

Consensus forecasts updated

Famur (WSE:FMF) Could Easily Take On More Debt

Investor sentiment deteriorated over the past week

Here's What To Make Of Famur's (WSE:FMF) Decelerating Rates Of Return

Investor sentiment improved over the past week

Price target increased to zł3.35

Third quarter 2021 earnings released: EPS zł0.07 (vs zł0.12 in 3Q 2020)

We Think Famur (WSE:FMF) Can Manage Its Debt With Ease

Price target increased to zł3.24

Price target increased to zł3.24

Returns On Capital Are Showing Encouraging Signs At Famur (WSE:FMF)

Investor sentiment improved over the past week

Are Famur S.A. (WSE:FMF) Investors Paying Above The Intrinsic Value?

Investor sentiment improved over the past week

Second quarter 2021 earnings released: EPS zł0.04 (vs zł0.05 in 2Q 2020)

Return Trends At Famur (WSE:FMF) Aren't Appealing

Investor sentiment deteriorated over the past week

What Does Famur S.A.'s (WSE:FMF) Share Price Indicate?

Downgrade: Here's How Analysts See Famur S.A. (WSE:FMF) Performing In The Near Term

Analysts lower revenue estimates to zł1.09b

Should We Be Excited About The Trends Of Returns At Famur (WSE:FMF)?

Famur (WSE:FMF) Has A Pretty Healthy Balance Sheet

New 90-day high: zł2.75

We Think Famur's (WSE:FMF) Statutory Profit Might Understate Its Earnings Potential

Famur S.A.'s (WSE:FMF) Has Been On A Rise But Financial Prospects Look Weak: Is The Stock Overpriced?

Analysts update estimates

Price target raised to zł3.56

Famur S.A. to Report Fiscal Year 2020 Results on Mar 30, 2021

Investor sentiment improved over the past week

An Intrinsic Calculation For Famur S.A. (WSE:FMF) Suggests It's 29% Undervalued

New 90-day high: zł2.39

What Is The Ownership Structure Like For Famur S.A. (WSE:FMF)?

Investor sentiment improved over the past week

Is Now The Time To Look At Buying Famur S.A. (WSE:FMF)?

Market bids up stock over the past week

New 90-day high: zł1.90

Should You Be Impressed By Famur's (WSE:FMF) Returns on Capital?

Revenue and earnings miss expectations

Third quarter 2020 earnings released: EPS zł0.12

Market bids up stock over the past week

Market pulls back on stock over the past week

New 90-day low: zł1.55

Analysts update estimates

Famur S.A. (WSE:FMF) made an offer to acquire the remaining 26.77% stake in Primetech S.A. (WSE:PTH) for PLN 6.1 million.

New 90-day low - zł1.79