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 $2.84M. The average tenure of the management team and the board of directors is 5.6 years and 8.3 years respectively.
Key information
Arni Sigurdsson
Chief executive officer
€907.7k
Total compensation
| CEO salary percentage | 13.3% |
| CEO tenure | 1.1yrs |
| CEO ownership | 0.09% |
| Management average tenure | 5.6yrs |
| Board average tenure | 8.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | €11m |
| Jun 30 2024 | n/a | n/a | €18m |
| Mar 31 2024 | n/a | n/a | €19m |
| Dec 31 2023 | €908k | €121k | €31m |
Compensation vs Market: Arni's total compensation ($USD953.47K) is below average for companies of similar size in the US market ($USD6.56M).
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 |
|---|---|---|---|---|
| CEO & Member of Executive Board | 1.1yrs | €907.71k | 0.086% $ 2.8m | |
| Chief Financial Officer | less than a year | no data | no data | |
| Chief Human Resource Officer & Member of Executive Board | 11.9yrs | no data | no data | |
| Director of Investor Relations | no data | no data | no data | |
| General Counsel | no data | no data | no data | |
| Sales & Marketing Director | no data | no data | no data | |
| Director of Finance & Secretary | no data | no data | no data | |
| 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 |
|---|---|---|---|---|
| Independent Director | 11.8yrs | €70.00k | no data | |
| Independent Director | 3.8yrs | €83.00k | no data | |
| Independent Chairman of the Board | 23.9yrs | €186.00k | 0.033% $ 1.1m | |
| Independent Director | 4.8yrs | €74.00k | no data | |
| Independent Director | 10.8yrs | €70.00k | 0.00066% $ 21.7k | |
| 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 | 2024/12/18 13:32 |
| 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.
| 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 |
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| 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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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 .
Analyst Sources
Marel hf. is covered by 10 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.
| Analyst | Institution |
|---|---|
| Robert Jan Vos | ABN AMRO Bank N.V. |
| Eric Wilmer | ABN AMRO Bank N.V. |
| Beatrice Allen | Berenberg |