Gates Industrial Management
Management criteria checks 4/4
Gates Industrial's CEO is Ivo Jurek, appointed in May 2015, has a tenure of 9.58 years. total yearly compensation is $9.71M, comprised of 11.7% salary and 88.3% bonuses, including company stock and options. directly owns 0.32% of the company’s shares, worth $16.80M. The average tenure of the management team and the board of directors is 4.4 years and 4.7 years respectively.
Key information
Ivo Jurek
Chief executive officer
US$9.7m
Total compensation
| CEO salary percentage | 11.7% |
| CEO tenure | 9.6yrs |
| CEO ownership | 0.3% |
| Management average tenure | 4.4yrs |
| Board average tenure | 4.7yrs |
Recent management updates
Recent updates
Gates Industrial: Bullish Sentiment Continuing Due To Strong Momentum And Elevated EPS Growth
Dec 17Take Care Before Diving Into The Deep End On Gates Industrial Corporation plc (NYSE:GTES)
Oct 14
When Should You Buy Gates Industrial Corporation plc (NYSE:GTES)?
Sep 18Gates Industrial: Growing Margins Paving Way To A Higher Stock Price
Sep 10Gates Industrial Corporation plc's (NYSE:GTES) Subdued P/E Might Signal An Opportunity
Jul 02Increases to CEO Compensation Might Be Put On Hold For Now at Gates Industrial Corporation plc (NYSE:GTES)
Jun 14Is Now An Opportune Moment To Examine Gates Industrial Corporation plc (NYSE:GTES)?
Jun 10Gates Industrial: Maintaining Robust Margin With Plans For Market Extension
Jun 09Does Gates Industrial (NYSE:GTES) Deserve A Spot On Your Watchlist?
May 01Gates Industrial Corporation plc's (NYSE:GTES) Intrinsic Value Is Potentially 95% Above Its Share Price
Apr 16Market Participants Recognise Gates Industrial Corporation plc's (NYSE:GTES) Earnings
Mar 28Gates Industrial: Improving Profitability Outlook Finally Driving The Stock Forward
Mar 22Is Now An Opportune Moment To Examine Gates Industrial Corporation plc (NYSE:GTES)?
Feb 08Do Gates Industrial's (NYSE:GTES) Earnings Warrant Your Attention?
Jan 04Gates Industrial: Encouraging Q3 Report Needed To Finally Create A Floor For The Stock
Nov 02Gates Industrial Corporation: Breaking Records And Driving Growth
Aug 14CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 28 2024 | n/a | n/a | US$222m |
| Jun 29 2024 | n/a | n/a | US$253m |
| Mar 30 2024 | n/a | n/a | US$247m |
| Dec 30 2023 | US$10m | US$1m | US$234m |
| Sep 30 2023 | n/a | n/a | US$256m |
| Jul 01 2023 | n/a | n/a | US$229m |
| Apr 01 2023 | n/a | n/a | US$217m |
| Dec 31 2022 | US$14m | US$1m | US$221m |
| Oct 01 2022 | n/a | n/a | US$199m |
| Jul 02 2022 | n/a | n/a | US$218m |
| Apr 02 2022 | n/a | n/a | US$261m |
| Jan 01 2022 | US$9m | US$1m | US$297m |
| Oct 02 2021 | n/a | n/a | US$259m |
| Jul 03 2021 | n/a | n/a | US$230m |
| Apr 03 2021 | n/a | n/a | US$112m |
| Jan 02 2021 | US$8m | US$1m | US$80m |
| Sep 26 2020 | n/a | n/a | US$75m |
| Jun 27 2020 | n/a | n/a | US$68m |
| Mar 28 2020 | n/a | n/a | US$112m |
| Dec 28 2019 | US$10m | US$990k | US$691m |
| Sep 28 2019 | n/a | n/a | US$747m |
| Jun 29 2019 | n/a | n/a | US$771m |
| Mar 30 2019 | n/a | n/a | US$836m |
| Dec 29 2018 | US$3m | US$943k | US$246m |
Compensation vs Market: Ivo's total compensation ($USD9.71M) is about average for companies of similar size in the US market ($USD7.98M).
Compensation vs Earnings: Ivo's compensation has been consistent with company performance over the past year.
CEO
Ivo Jurek (59 yo)
9.6yrs
Tenure
US$9,711,014
Compensation
Mr. Ivo Jurek serves as a Director of Gates Industrial Corporation plc since September 2017 and serves as its Chief Executive Officer and has served as Chief Executive Officer and a Director of Gates entit...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 9.6yrs | US$9.71m | 0.32% $ 16.8m | |
| Executive VP & CFO | 4.8yrs | US$3.07m | 0.049% $ 2.6m | |
| Executive VP | 4.2yrs | US$1.93m | 0.024% $ 1.3m | |
| Executive VP & Chief Human Resources Officer | 3.5yrs | US$1.65m | 0.021% $ 1.1m | |
| Senior VP and President of APAC & Global Strategy | no data | US$2.21m | 0.038% $ 2.0m | |
| Senior VP & Chief Accounting Officer | less than a year | no data | no data | |
| Senior VP & Chief Information Officer | 3.6yrs | no data | no data | |
| Vice President of Investor Relations | no data | no data | no data | |
| President of EMEA | 4.6yrs | no data | no data | |
| Senior VP & Corporate Controller | 12.2yrs | no data | no data |
4.4yrs
Average Tenure
57yo
Average Age
Experienced Management: GTES's management team is considered experienced (4.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 7.3yrs | US$9.71m | 0.32% $ 16.8m | |
| Independent Chairman of Board | 7.1yrs | no data | 0.39% $ 20.7m | |
| Independent Director | 1.9yrs | no data | no data | |
| Independent Director | 4.7yrs | US$249.99k | 0.047% $ 2.5m | |
| Independent Director | 2.2yrs | US$259.99k | 0.044% $ 2.3m | |
| Independent Director | 6.1yrs | US$234.99k | 0.019% $ 997.2k | |
| Independent Director | 4.4yrs | US$234.99k | 0.015% $ 795.5k | |
| Independent Director | 5.8yrs | US$234.99k | 0.016% $ 867.1k | |
| Independent Director | 3.7yrs | US$234.99k | 0.0097% $ 509.1k |
4.7yrs
Average Tenure
58yo
Average Age
Experienced Board: GTES's board of directors are considered experienced (4.7 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 04:06 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/28 |
| Annual Earnings | 2023/12/30 |
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 |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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
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Analyst Sources
Gates Industrial Corporation plc is covered by 24 analysts. 9 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 |
|---|---|
| David Larkam | Arden Partners Plc. |
| Michael Halloran | Baird |
| Julian Mitchell | Barclays |