Loomis Management
Management criteria checks 3/4
Loomis' CEO is Aritz Uribiarte, appointed in May 2022, has a tenure of 2.5 years. total yearly compensation is SEK36.68M, comprised of 34.5% salary and 65.5% bonuses, including company stock and options. directly owns 0.062% of the company’s shares, worth $1.26M. The average tenure of the management team and the board of directors is 2.4 years and 4.4 years respectively.
Key information
Aritz Uribiarte
Chief executive officer
SEK 36.7m
Total compensation
| CEO salary percentage | 34.5% |
| CEO tenure | 2.5yrs |
| CEO ownership | 0.06% |
| Management average tenure | 2.4yrs |
| Board average tenure | 4.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | SEK 2b |
| Jun 30 2024 | n/a | n/a | SEK 1b |
| Mar 31 2024 | n/a | n/a | SEK 1b |
| Dec 31 2023 | SEK 37m | SEK 13m | SEK 1b |
| Sep 30 2023 | n/a | n/a | SEK 2b |
| Jun 30 2023 | n/a | n/a | SEK 2b |
| Mar 31 2023 | n/a | n/a | SEK 2b |
| Dec 31 2022 | SEK 17m | SEK 8m | SEK 2b |
Compensation vs Market: Aritz's total compensation ($USD3.32M) is below average for companies of similar size in the US market ($USD5.43M).
Compensation vs Earnings: Aritz's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Aritz Uribiarte (51 yo)
2.5yrs
Tenure
SEK 36,681,000
Compensation
Mr. Aritz Larrea Uribiarte serves as President and Chief Executive Officer at Loomis AB (publ) since May 23, 2022 and has been its Member of Group Management and had been its President of US at Loomis AB (...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & CEO | 2.5yrs | SEK 36.68m | 0.062% $ 1.3m | |
| Chief Financial Officer | 1.1yrs | no data | 0.0072% $ 148.4k | |
| Head of Investor Relations | no data | no data | no data | |
| Chief Legal Officer | 1.8yrs | no data | 0.0018% $ 36.1k | |
| Chief Human Resources & Marketing Officer | 9.9yrs | no data | 0.011% $ 216.9k | |
| President and CEO of Europe & Latam | no data | no data | 0.043% $ 872.0k | |
| Head of Group Insurance | 12.8yrs | no data | no data | |
| President & CEO of Loomis USA | 2.3yrs | no data | 0.00087% $ 17.8k | |
| Chief Risk Officer | 1.8yrs | no data | no data | |
| CEO of Loomis Spain & Regional VP of Loomis Europe and Latin America | no data | no data | no data | |
| Company Secretary | 5.8yrs | no data | no data |
2.4yrs
Average Tenure
54yo
Average Age
Experienced Management: LOIM.F's management team is considered experienced (2.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 2.5yrs | SEK 523.00k | 0.013% $ 274.5k | |
| Director | 5.3yrs | SEK 607.00k | 0.075% $ 1.5m | |
| Independent Chairman of the Board | 17.8yrs | SEK 1.33m | 0.0087% $ 178.2k | |
| Independent Director | 11.5yrs | SEK 807.00k | 0.0020% $ 41.6k | |
| Independent Director | 3.5yrs | SEK 565.00k | 0.0014% $ 29.7k | |
| Independent Director | 5.3yrs | SEK 648.00k | 0.0022% $ 44.5k | |
| Employee Representative Director | 3.3yrs | no data | no data | |
| Director | less than a year | no data | no data |
4.4yrs
Average Tenure
61yo
Average Age
Experienced Board: LOIM.F's board of directors are considered experienced (4.4 years average tenure).