The company may no longer be operating, as it has been acquired. Find out why through their latest events.
Marel hf Management
Management criteria checks 3/4
Marel hf's CEO is Arni Sigurdsson, appointed in Nov 2023, has a tenure of 1.08 years. total yearly compensation is €907.71K, comprised of 13.3% salary and 86.7% bonuses, including company stock and options. directly owns 0.086% of the company’s shares, worth $2.75M. The average tenure of the management team and the board of directors is 5.6 years and 8.3 years respectively.
Key information
Arni Sigurdsson
Chief executive officer
€907.7k
Total compensation
CEO salary percentage
13.33%
CEO tenure
1.1yrs
CEO ownership
0.09%
Management average tenure
5.6yrs
Board average tenure
8.3yrs
Recent management updates
Recent updates
CEO Compensation Analysis
How has Arni Sigurdsson's remuneration changed compared to Marel hf's earnings?
Date
Total Compensation
Salary
Company Earnings
Sep 30 2024
n/a
n/a
€11m
Jun 30 2024
n/a
n/a
€18m
Mar 31 2024
n/a
n/a
€19m
Dec 31 2023
€908k
€121k
€31m
Compensation vs Market: Arni's total compensation ($USD947.11K) is below average for companies of similar size in the US market ($USD6.65M).
Compensation vs Earnings: Insufficient data to compare Arni's compensation with company performance.
CEO
Arni Sigurdsson (41 yo)
1.1yrs
Tenure
€907,707
Compensation
Mr. Arni Sigurdsson serves as Chief Executive Officer at Marel hf. since December 11, 2023. Mr. Sigurdsson joined the Marel hf.in 2014. He had been a Chief Business Officer and Deputy Chief Executive Offi...
Leadership Team
Name
Position
Tenure
Compensation
Ownership
Arni Sigurdsson
CEO & Member of Executive Board
1.1yrs
€907.71k
0.086% $ 2.7m
Sebastiaan Antonius Boelen
Chief Financial Officer
less than a year
no data
no data
David Oddsson
Chief Human Resource Officer & Member of Executive Board
11.9yrs
no data
no data
Tinna Molphy
Director of Investor Relations
no data
no data
no data
Arni Sigurjonsson
General Counsel
no data
no data
no data
Arie Tulp
Sales & Marketing Director
no data
no data
no data
Kristján Þorsteinsson
Director of Finance & Secretary
no data
no data
no data
Bjarki Bjornsson
Corporate Director of Treasury & Financing
10.2yrs
no data
no data
5.6yrs
Average Tenure
Experienced Management: MRRL.F's management team is seasoned and experienced (5.6 years average tenure).
Board Members
Name
Position
Tenure
Compensation
Ownership
Ann Savage
Independent Director
11.8yrs
€70.00k
no data
Svafa Gronfeldt
Independent Director
3.8yrs
€83.00k
no data
Arnar Masson
Independent Chairman of the Board
23.9yrs
€186.00k
0.033% $ 1.1m
Lillie Valeur
Independent Director
4.8yrs
€74.00k
no data
Astvaldur Johannsson
Independent Director
10.8yrs
€70.00k
0.00066% $ 21.0k
Ton Van der Laan
Independent Director
5.8yrs
€67.00k
no data
8.3yrs
Average Tenure
61yo
Average Age
Experienced Board: MRRL.F's board of directors are considered experienced (8.3 years average tenure).
Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2024/12/22 15:43
End of Day Share Price
2024/12/11 00:00
Earnings
2024/09/30
Annual Earnings
2023/12/31
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.
* 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
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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
Marel hf. is covered by 1 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.