Movado Group Management
Management criteria checks 3/4
Movado Group's CEO is Efraim Grinberg, appointed in May 2001, has a tenure of 22.17 years. total yearly compensation is $5.06M, comprised of 24.7% salary and 75.3% bonuses, including company stock and options. directly owns 9.59% of the company’s shares, worth $56.08M. The average tenure of the management team and the board of directors is 3.1 years and 10.8 years respectively.
Key information
Efraim Grinberg
Chief executive officer
US$5.1m
Total compensation
| CEO salary percentage | 24.7% |
| CEO tenure | 22.2yrs |
| CEO ownership | 9.6% |
| Management average tenure | 3.1yrs |
| Board average tenure | 10.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 |
| Oct 31 2017 | n/a | n/a | US$24m |
| Jul 31 2017 | n/a | n/a | US$27m |
| Apr 30 2017 | n/a | n/a | US$28m |
| Jan 31 2017 | US$2m | US$1m | US$35m |
Compensation vs Market: Efraim's total compensation ($USD5.06M) is above average for companies of similar size in the US market ($USD2.23M).
Compensation vs Earnings: Efraim's compensation has been consistent with company performance over the past year.
CEO
Efraim Grinberg (65 yo)
22.2yrs
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 | 22.2yrs | US$5.06m | 9.59% $ 56.1m | |
| Executive VP | 15.3yrs | US$1.65m | 0.18% $ 1.1m | |
| Executive VP | 3.1yrs | US$1.48m | 0.011% $ 61.6k | |
| Senior VP | 7.7yrs | US$766.18k | 0.018% $ 103.1k | |
| Chief Marketing Officer | 1.3yrs | no data | no data | |
| Senior Vice President of Human Resources | less than a year | no data | 0.045% $ 265.3k | |
| Senior VP of Customer Experience & Director | 12.7yrs | no data | 1.84% $ 10.7m | |
| President of the Movado Brand & Senior VP of E-Commerce | less than a year | no data | no data | |
| Senior Vice President of Global Information Technology & Operations | no data | US$876.34k | no data |
3.1yrs
Average Tenure
59yo
Average Age
Experienced Management: MOVA.A's management team is considered experienced (3.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 35.5yrs | US$5.06m | 9.59% $ 56.1m | |
| Senior VP of Customer Experience & Director | 12.3yrs | no data | 1.84% $ 10.7m | |
| Independent Director | 9.4yrs | US$227.50k | 0.18% $ 1.0m | |
| Independent Director | 4.1yrs | US$222.94k | 0.040% $ 234.9k | |
| Lead Independent Director | 25.8yrs | US$297.50k | 0.23% $ 1.3m | |
| Independent Director | 18.1yrs | US$210.00k | 0.077% $ 447.8k | |
| Independent Director | 4.9yrs | US$210.82k | no data | |
| Independent Director | 1.4yrs | US$210.00k | 0.015% $ 86.7k |
10.8yrs
Average Tenure
67.5yo
Average Age
Experienced Board: MOVA.A's board of directors are seasoned and experienced ( 10.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/07/10 01:25 |
| End of Day Share Price | 2023/04/12 00:00 |
| Earnings | 2023/04/30 |
| Annual Earnings | 2023/01/31 |
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 |
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| 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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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
Movado Group, Inc. is covered by 13 analysts. 1 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 |
|---|---|
| Kristine Koerber | Barrington Research Associates, Inc. |
| Michael Legg | Benchmark Company |
| Eric Beder | Brean Capital |