Loomis Management
Management criteria checks 2/4
Loomis' CEO is Aritz Uribiarte, appointed in May 2022, has a tenure of 1.92 years. total yearly compensation is SEK36.68M, comprised of 34.5% salary and 65.5% bonuses, including company stock and options. directly owns 0.06% of the company’s shares, worth $1.13M. The average tenure of the management team and the board of directors is 1.8 years and 4.3 years respectively.
Key information
Aritz Uribiarte
Chief executive officer
kr36.7m
Total compensation
| CEO salary percentage | 34.5% |
| CEO tenure | 1.9yrs |
| CEO ownership | 0.06% |
| Management average tenure | 1.8yrs |
| Board average tenure | 4.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | kr37m | kr13m | kr1b |
| Sep 30 2023 | n/a | n/a | kr2b |
| Jun 30 2023 | n/a | n/a | kr2b |
| Mar 31 2023 | n/a | n/a | kr2b |
| Dec 31 2022 | kr17m | kr8m | kr2b |
Compensation vs Market: Aritz's total compensation ($USD3.37M) is below average for companies of similar size in the US market ($USD5.57M).
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 (50 yo)
1.9yrs
Tenure
kr36,681,000
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 | 1.9yrs | kr36.68m | 0.060% SEK 1.1m | |
| Chief Financial Officer | less than a year | no data | 0.0071% SEK 132.4k | |
| Head of Investor Relations | no data | no data | no data | |
| Chief Legal Officer | 1.3yrs | no data | 0.0017% SEK 32.2k | |
| Chief Human Resources & Marketing Officer | 9.3yrs | no data | 0.010% SEK 193.3k | |
| President and CEO of Europe & Latam | no data | no data | 0.042% SEK 777.2k | |
| Head of Group Insurance | 12.3yrs | no data | no data | |
| President & CEO of Loomis USA | 1.7yrs | no data | 0.013% SEK 237.2k | |
| Chief Risk Officer | 1.3yrs | no data | no data | |
| Company Secretary | 5.3yrs | no data | no data |
1.8yrs
Average Tenure
55yo
Average Age
Experienced Management: LOIM.F's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 3.9yrs | kr573.00k | 0.00071% SEK 13.2k | |
| Independent Director | 1.9yrs | kr523.00k | 0.013% SEK 244.7k | |
| Director | 4.7yrs | kr607.00k | 0.073% SEK 1.4m | |
| Independent Chairman of the Board | 17.3yrs | kr1.33m | 0.0085% SEK 158.8k | |
| Independent Director | 10.9yrs | kr807.00k | 0% SEK 0 | |
| Independent Director | 2.9yrs | kr565.00k | 0.0014% SEK 26.4k | |
| Independent Director | 4.7yrs | kr648.00k | 0.0021% SEK 39.7k | |
| Employee Representative Director | 2.8yrs | no data | no data |
4.3yrs
Average Tenure
59yo
Average Age
Experienced Board: LOIM.F's board of directors are considered experienced (4.3 years average tenure).