Zavarovalnica Triglav, d.d.

LJSE:ZVTG Stock Report

Market Cap: €1.2b

Zavarovalnica Triglav d.d Management

Management criteria checks 3/4

Zavarovalnica Triglav d.d's CEO is Andrej Slapar, appointed in Nov 2009, has a tenure of 15.67 years. total yearly compensation is €355.92K, comprised of 63.9% salary and 36.1% bonuses, including company stock and options. directly owns 0.006% of the company’s shares, worth €73.66K. The average tenure of the management team and the board of directors is 12.3 years and 2.1 years respectively.

Key information

Andrej Slapar

Chief executive officer

€355.9k

Total compensation

CEO salary percentage63.89%
CEO tenure15.7yrs
CEO ownership0.006%
Management average tenure12.3yrs
Board average tenure2.1yrs

Recent management updates

Recent updates

We Think Shareholders May Consider Being More Generous With Zavarovalnica Triglav, d.d.'s (LJSE:ZVTG) CEO Compensation Package

May 27
We Think Shareholders May Consider Being More Generous With Zavarovalnica Triglav, d.d.'s (LJSE:ZVTG) CEO Compensation Package

Zavarovalnica Triglav d.d's (LJSE:ZVTG) Dividend Will Be Increased To €2.80

Apr 30
Zavarovalnica Triglav d.d's (LJSE:ZVTG) Dividend Will Be Increased To €2.80

Zavarovalnica Triglav d.d (LJSE:ZVTG) Is Paying Out A Larger Dividend Than Last Year

Apr 16
Zavarovalnica Triglav d.d (LJSE:ZVTG) Is Paying Out A Larger Dividend Than Last Year

Zavarovalnica Triglav d.d (LJSE:ZVTG) Will Pay A Larger Dividend Than Last Year At €2.80

Apr 02
Zavarovalnica Triglav d.d (LJSE:ZVTG) Will Pay A Larger Dividend Than Last Year At €2.80

Investor Optimism Abounds Zavarovalnica Triglav, d.d. (LJSE:ZVTG) But Growth Is Lacking

Feb 12
Investor Optimism Abounds Zavarovalnica Triglav, d.d. (LJSE:ZVTG) But Growth Is Lacking

Zavarovalnica Triglav, d.d.'s (LJSE:ZVTG) CEO Compensation Looks Acceptable To Us And Here's Why

May 28
Zavarovalnica Triglav, d.d.'s (LJSE:ZVTG) CEO Compensation Looks Acceptable To Us And Here's Why

Does Zavarovalnica Triglav d.d (LJSE:ZVTG) Deserve A Spot On Your Watchlist?

Sep 13
Does Zavarovalnica Triglav d.d (LJSE:ZVTG) Deserve A Spot On Your Watchlist?

Here's Why We Think Zavarovalnica Triglav d.d (LJSE:ZVTG) Is Well Worth Watching

Nov 17
Here's Why We Think Zavarovalnica Triglav d.d (LJSE:ZVTG) Is Well Worth Watching

With EPS Growth And More, Zavarovalnica Triglav d.d (LJSE:ZVTG) Is Interesting

Apr 05
With EPS Growth And More, Zavarovalnica Triglav d.d (LJSE:ZVTG) Is Interesting

Has Zavarovalnica Triglav, d.d.'s (LJSE:ZVTG) Impressive Stock Performance Got Anything to Do With Its Fundamentals?

Jan 15
Has Zavarovalnica Triglav, d.d.'s (LJSE:ZVTG) Impressive Stock Performance Got Anything to Do With Its Fundamentals?

Did You Participate In Any Of Zavarovalnica Triglav d.d's (LJSE:ZVTG) Respectable 66% Return?

Nov 22
Did You Participate In Any Of Zavarovalnica Triglav d.d's (LJSE:ZVTG) Respectable 66% Return?

CEO Compensation Analysis

How has Andrej Slapar's remuneration changed compared to Zavarovalnica Triglav d.d's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024€356k€227k

€115m

Sep 30 2024n/an/a

€132m

Jun 30 2024n/an/a

€80m

Mar 31 2024n/an/a

€38m

Dec 31 2023€375k€228k

€38m

Sep 30 2023n/an/a

€72m

Jun 30 2023n/an/a

€8m

Mar 31 2023n/an/a

€100m

Dec 31 2022€350k€211k

-€7m

Sep 30 2022n/an/a

€61m

Jun 30 2022n/an/a

€62m

Mar 31 2022n/an/a

€119m

Dec 31 2021€329k€198k

€113m

Sep 30 2021n/an/a

€98m

Jun 30 2021n/an/a

€87m

Mar 31 2021n/an/a

€78m

Dec 31 2020€315k€186k

€74m

Sep 30 2020n/an/a

€75m

Jun 30 2020n/an/a

€82m

Mar 31 2020n/an/a

€81m

Dec 31 2019€298k€180k

€84m

Sep 30 2019n/an/a

€81m

Jun 30 2019n/an/a

€86m

Mar 31 2019n/an/a

€83m

Dec 31 2018€276k€172k

€81m

Compensation vs Market: Andrej's total compensation ($USD415.79K) is below average for companies of similar size in the SI market ($USD1.58M).

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


CEO

Andrej Slapar (53 yo)

15.7yrs
Tenure
€355,919
Compensation

Mr. Andrej Slapar has been the President of the Management Board at Zavarovalnica Triglav, d.d. since May 22, 2013 and has been its Member of Management Board since November 10, 2009. Mr. Slapar is Chief...


Leadership Team

NamePositionTenureCompensationOwnership
Andrej Slapar
President of the Management Board & CEO15.7yrs€355.92k0.0059%
€ 73.7k
Uroš Ivanc
CFO & Member of the Management Board11yrs€315.50k0.0034%
€ 42.3k
Tadej Coroli
Member of Management Board11yrs€317.84k0.0020%
€ 24.6k
Marica Makoter
Employee Representative Member of the Management Board13.6yrs€316.44k0.00066%
€ 8.2k
Blaz Jakic
Member of the Management Board2.3yrs€296.55k0.013%
€ 156.4k
Andrej Knap
Chief Operating Officer16.5yrsno datano data
Vesna Dolenc
Executive Director of Accountingno datano datano data
Helena Ulaga Kitek
Head of Investor Relationsno datano datano data
Matej Ferlan
Executive Director of Non-Life Insurance Claimsno datano datano data
12.3yrs
Average Tenure
50yo
Average Age

Experienced Management: ZVTG's management team is seasoned and experienced (12.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Barbara Nose
Independent Member of Supervisory Board1.1yrs€14.30kno data
Andrej Andoljsek
Independent Chairman of the Supervisory Board8.1yrs€36.31kno data
Tomaz Bencina
Independent Member of the Supervisory Board4.2yrs€28.16kno data
Tim Umberger
Independent Deputy President of the Supervisory Board2.1yrs€28.08kno data
Monica Manhem
Independent Member of the Supervisory Board2.1yrs€33.14kno data
Rok Ponikvar
Member of Supervisory Boardless than a year€10.33kno data
2.1yrs
Average Tenure
57.5yo
Average Age

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


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/15 22:01
End of Day Share Price 2025/07/15 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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

Zavarovalnica Triglav, d.d. is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Saso StanovnikAlta Invest
Domagoj GrcevicInterCapital Securities Ltd.
Rok StibricODDO BHF Corporate & Markets