Movado Group Management
Management criteria checks 3/4
Movado Group's CEO is Efraim Grinberg, appointed in May 2001, has a tenure of 22.92 years. total yearly compensation is $5.06M, comprised of 24.7% salary and 75.3% bonuses, including company stock and options. directly owns 1.54% of the company’s shares, worth $8.43M. The average tenure of the management team and the board of directors is 3.8 years and 11.6 years respectively.
Key information
Efraim Grinberg
Chief executive officer
US$5.1m
Total compensation
| CEO salary percentage | 24.7% |
| CEO tenure | 22.9yrs |
| CEO ownership | 1.5% |
| Management average tenure | 3.8yrs |
| Board average tenure | 11.6yrs |
Recent management updates
Recent updates
Is Now The Time To Look At Buying Movado Group, Inc. (NYSE:MOV)?
Apr 14
Movado: Watch For This Cash-Rich Dividend Payer
Jan 04Movado: Attractive Valuations Don't Make Up For Weak Performance
Oct 27At US$28.06, Is It Time To Put Movado Group, Inc. (NYSE:MOV) On Your Watch List?
Oct 03Movado Group (NYSE:MOV) Has Affirmed Its Dividend Of $0.35
Aug 28Movado Group: Pressure On Revenue And Margin Remains
Jun 30Movado Group (NYSE:MOV) Is Due To Pay A Dividend Of $0.35
May 28Movado Group: Not Time To Get Out Just Yet
Feb 13Why Movado Group, Inc. (NYSE:MOV) Could Be Worth Watching
Jan 07Do Movado Group's (NYSE:MOV) Earnings Warrant Your Attention?
Nov 17Calculating The Intrinsic Value Of Movado Group, Inc. (NYSE:MOV)
Oct 05Movado Group: Conservative But Stable Growth
Oct 04Movado Group: +26% Q2 EPS Above Consensus, Secular Growth Industry
Aug 30Movado Q2 2023 Earnings Preview
Aug 24What Does Movado Group, Inc.'s (NYSE:MOV) Share Price Indicate?
Jul 21With EPS Growth And More, Movado Group (NYSE:MOV) Makes An Interesting Case
Jun 17Movado Group: Now Might Be The Time To Buy
Jun 14Movado: 57% EPS Surge Leads To 40% Dividend Hike, 6x P/E With 31% Net Cash
Mar 28Is Now The Time To Look At Buying Movado Group, Inc. (NYSE:MOV)?
Jan 11Movado: +28% Revenues, Record Quarter And 18% Net Cash
Nov 27Movado Group: Limited Supply Has Created The Perfect Storm
Oct 15Small And Microcap Newsletter: Movado Trades At A Substantial Discount To Market
Sep 03Movado: Q2 Huge Beat At Twice Consensus, 23% Net Cash And P/E Of 9x
Aug 28Timing The Buy Trade: Movado Watch
Aug 20Movado Group (NYSE:MOV) Could Easily Take On More Debt
Jul 09CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jan 31 2024 | n/a | n/a | US$47m |
| Oct 31 2023 | n/a | n/a | US$57m |
| Jul 31 2023 | n/a | n/a | US$69m |
| Apr 30 2023 | n/a | n/a | US$85m |
| Jan 31 2023 | US$5m | US$1m | US$95m |
| Oct 31 2022 | n/a | n/a | US$103m |
| Jul 31 2022 | n/a | n/a | US$105m |
| Apr 30 2022 | n/a | n/a | US$101m |
| Jan 31 2022 | US$7m | US$1m | US$92m |
| Oct 31 2021 | n/a | n/a | US$90m |
| Jul 31 2021 | n/a | n/a | US$74m |
| Apr 30 2021 | n/a | n/a | US$48m |
| Jan 31 2021 | US$4m | US$891k | -US$112m |
| Oct 31 2020 | n/a | n/a | -US$138m |
| Jul 31 2020 | n/a | n/a | -US$135m |
| Apr 30 2020 | n/a | n/a | -US$111m |
| Jan 31 2020 | US$4m | US$1m | US$43m |
| Oct 31 2019 | n/a | n/a | US$57m |
| Jul 31 2019 | n/a | n/a | US$66m |
| Apr 30 2019 | n/a | n/a | US$57m |
| Jan 31 2019 | US$5m | US$1m | US$62m |
| Oct 31 2018 | n/a | n/a | US$10m |
| Jul 31 2018 | n/a | n/a | US$707k |
| Apr 30 2018 | n/a | n/a | -US$3m |
| Jan 31 2018 | US$4m | US$1m | -US$15m |
Compensation vs Market: Efraim's total compensation ($USD5.06M) is above average for companies of similar size in the US market ($USD2.43M).
Compensation vs Earnings: Efraim's compensation has been consistent with company performance over the past year.
CEO
Efraim Grinberg (65 yo)
22.9yrs
Tenure
US$5,062,876
Compensation
Mr. Efraim Grinberg has been the Chief Executive Officer and Chairman of Movado Group, Inc. since May 15, 2001 and January 31, 2009 respectively. Mr. Grinberg joined Movado in June 1980. He oversaw Movado’...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 22.9yrs | US$5.06m | 1.54% $ 8.4m | |
| Executive VP | 16.1yrs | US$1.65m | 0.61% $ 3.4m | |
| Executive VP | 3.8yrs | US$1.48m | 0.24% $ 1.3m | |
| Senior VP | 8.4yrs | US$766.18k | 0.17% $ 918.1k | |
| Senior VP & Principal Accounting Officer | no data | no data | 0.011% $ 60.9k | |
| Chief Marketing Officer | 2yrs | no data | no data | |
| Senior Vice President of Human Resources | less than a year | no data | 0.10% $ 563.5k | |
| Senior VP of Customer Experience & Director | 13.4yrs | no data | 0.15% $ 840.1k | |
| President of the Movado Brand & Senior VP of E-Commerce | 1.2yrs | no data | no data | |
| Advisor | no data | no data | no data | |
| President of North America Sales | no data | no data | no data | |
| Senior Vice President of Global Information Technology & Operations | no data | US$876.34k | no data |
3.8yrs
Average Tenure
59yo
Average Age
Experienced Management: MOV's management team is considered experienced (3.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 36.3yrs | US$5.06m | 1.54% $ 8.4m | |
| Senior VP of Customer Experience & Director | 13yrs | no data | 0.15% $ 840.1k | |
| Independent Director | 10.2yrs | US$227.50k | 0.39% $ 2.1m | |
| Independent Director | 4.8yrs | US$222.94k | 0.12% $ 661.8k | |
| Lead Independent Director | 26.6yrs | US$297.50k | 0.52% $ 2.8m | |
| Independent Director | 18.8yrs | US$210.00k | 0.17% $ 916.4k | |
| Independent Director | 5.7yrs | US$210.82k | no data | |
| Independent Director | 2.2yrs | US$210.00k | 0.070% $ 383.2k |
11.6yrs
Average Tenure
67.5yo
Average Age
Experienced Board: MOV's board of directors are seasoned and experienced ( 11.6 years average tenure).