Vestel Elektronik Sanayi ve Ticaret Anonim Sirketi Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Ergun Guler

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	1.5yrs
CEO ownership	n/a
Management average tenure	1yrs
Board average tenure	6.2yrs

Recent management updates

Recent updates

CEO

Ergun Guler (50 yo)

1.5yrs

Tenure

Mr. Ergün Güler is Chief Executive Officer of Vestel Beyaz Esya Sanayi ve Ticaret A.S. and Vestel Elektronik Sanayi ve Ticaret Anonim Sirketi from 2023. He holds an undergraduate degree in Business Adminis...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Ergun Guler	Chief Executive Officer	1.5yrs	no data	no data
Ismail Sarpel	General Manager	7.5yrs	no data	no data
Alp Dayi	Chief Financial Officer	no data	no data	no data
Mustafa Yatir	Deputy General Manager of Technical Operations	4.5yrs	no data	no data
Serap Mutlu	Investor Relations Director	no data	no data	no data
Nezihe Duygu Uylukçuoglu	Chief Marketing Officer	less than a year	no data	no data
Caglayan Karatas	Sustainability Manager	no data	no data	no data
Seçkin Gencoglu	Chief Commercial Officer of Europe	less than a year	no data	no data
Tarik Leloglu	Chief Commercial Officer of Türkiye	less than a year	no data	no data
Baris Altinkaya	Deputy General Manager of Marketing & Product Management	no data	no data	no data

1.0yrs

Average Tenure

56yo

Average Age

Experienced Management: VESTL's management team is not considered experienced ( 1 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Ahmet Zorlu	Chairman of the Board	29.6yrs	no data	no data
Olgun Zorlu	Non Executive Director	29.6yrs	no data	no data
Bekir Koksal	Director	1.2yrs	no data	no data
Elmas Araz	Independent Director	6.2yrs	no data	no data
Adnan Yildirim	Director	less than a year	no data	no data
Aysegul Ildeniz	Independent Vice Chairperson	6.2yrs	no data	no data
Emin Atac	Director	less than a year	no data	no data

6.2yrs

Average Tenure

62yo

Average Age

Experienced Board: VESTL's board of directors are considered experienced (6.2 years average tenure).

Vestel Elektronik Sanayi ve Ticaret Anonim Sirketi Management

Management criteria checks 1/4

Key information

Recent management updates

Less than half of directors are independent

Less than half of directors are independent

Recent updates

Vestel Launches Water Purifier, Vestel Rafine Pro in Cooperation with Aquaporin

First quarter 2024 earnings released: ₺0.64 loss per share (vs ₺0.19 loss in 1Q 2023)

Investor sentiment improves as stock rises 23%

Full year 2023 earnings: Revenues exceed analyst expectations

New minor risk - Share price stability

Investor sentiment deteriorates as stock falls 15%

Consensus EPS estimates increase by 31%

Price target increased by 20% to ₺105

Investor sentiment improves as stock rises 16%

Third quarter 2023 earnings released

Second quarter 2023 earnings released

Consensus EPS estimates fall by 79%, revenue upgraded

Investor sentiment improves as stock rises 26%

Investor sentiment improves as stock rises 18%

First quarter 2023 earnings released

Full year 2022 earnings released

Investor sentiment improves as stock rises 19%

Investor sentiment deteriorates as stock falls 16%

Consensus EPS estimates increase by 39%

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Less than half of directors are independent

Third quarter 2022 earnings released

Investor sentiment improved over the past week

Second quarter 2022 earnings released

Now 22% undervalued

Consensus forecasts updated

Price target decreased to ₺40.69

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Price target increased to ₺45.34

Less than half of directors are independent

Full year 2021 earnings: Revenues exceed analyst expectations

Now 27% undervalued after recent price drop

Now 21% undervalued after recent price drop

Consensus forecasts updated

Price target increased to ₺40.05

Investor sentiment deteriorated over the past week

Upcoming dividend of ₺2.35 per share

Price target decreased to ₺36.05

Third quarter 2021 earnings released

Upcoming dividend of ₺2.35 per share

Second quarter 2021 earnings released: EPS ₺2.07 (vs ₺1.10 in 2Q 2020)

Upcoming dividend of ₺2.35 per share

First quarter 2021 earnings released

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Full year 2020 earnings released: EPS ₺5.28 (vs ₺0.97 in FY 2019)

Revenue beats expectations

New 90-day high: ₺29.98

New 90-day high: ₺26.28

Investor sentiment improved over the past week

New 90-day high: ₺22.40

New 90-day high: ₺20.92

Price target raised to ₺16.98

Revenue and earnings beat expectations

Market bids up stock over the past week

New 90-day high: ₺19.19

New 90-day high: ₺18.44

Vestel Elektronik Sanayi Ve Ticaret AS (IBSE: VESTL) acquired a further 25% stake in Vestel Beyaz Esya Sanayi ve Ticaret from Mr. Ahmet Nazif Zorlu and Mr. Olgun Zorlu for approximately TRL 52,834,230 million ($37.46 million).

New 90-day high - ₺18.36

Price target lowered to ₺13.26

Earnings released

New 90-day high - ₺17.99

Price target lowered to ₺13.65

CEO

Tenure

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age