Freedom Holding Management
Management criteria checks 3/4
Freedom Holding's CEO is Timur Turlov, appointed in Nov 2015, has a tenure of 9.08 years. total yearly compensation is $8.49M, comprised of 29.4% salary and 70.6% bonuses, including company stock and options. directly owns 69.96% of the company’s shares, worth $5.39B. The average tenure of the management team and the board of directors is 5.5 years and 4.1 years respectively.
Key information
Timur Turlov
Chief executive officer
US$8.5m
Total compensation
| CEO salary percentage | 29.4% |
| CEO tenure | 9.1yrs |
| CEO ownership | 70.0% |
| Management average tenure | 5.5yrs |
| Board average tenure | 4.1yrs |
Recent management updates
Recent updates
Market Cool On Freedom Holding Corp.'s (NASDAQ:FRHC) Earnings
Nov 04
If EPS Growth Is Important To You, Freedom Holding (NASDAQ:FRHC) Presents An Opportunity
Sep 01With EPS Growth And More, Freedom Holding (NASDAQ:FRHC) Makes An Interesting Case
May 21Freedom Holding Corp.'s (NASDAQ:FRHC) Subdued P/E Might Signal An Opportunity
Apr 04With EPS Growth And More, Freedom Holding (NASDAQ:FRHC) Makes An Interesting Case
Jan 31Freedom Holding to sell Russian subsidiaries
Oct 19Freedom Holding And Kaspi.kz: Russian Mobilization Is A Clear Bullish Catalyst
Oct 12Freedom Holding Corp.: The Slowdown Is Coming
Dec 30Freedom Holding: Great Long-Term Growth Opportunity
Jul 20Freedom Holding: Approaching Overbought Territory
Dec 30Freedom Holding's Rally Might Continue
Dec 29Freedom Holding o acquire Prime Executions
Dec 21Freedom Holding: Leveraging Its Eastern European And Central Asian Presence
Oct 23CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$341m |
| Jun 30 2024 | n/a | n/a | US$342m |
| Mar 31 2024 | US$8m | US$3m | US$376m |
| Dec 31 2023 | n/a | n/a | US$333m |
| Sep 30 2023 | n/a | n/a | US$283m |
| Jun 30 2023 | n/a | n/a | US$216m |
| Mar 31 2023 | US$1m | US$1m | US$193m |
| Dec 31 2022 | n/a | n/a | US$152m |
| Sep 30 2022 | n/a | n/a | US$163m |
| Jun 30 2022 | n/a | n/a | US$324m |
| Mar 31 2022 | US$1m | US$1m | US$332m |
| Dec 31 2021 | n/a | n/a | US$373m |
| Sep 30 2021 | n/a | n/a | US$335m |
| Jun 30 2021 | n/a | n/a | US$149m |
| Mar 31 2021 | US$302k | US$280k | US$128m |
| Dec 31 2020 | n/a | n/a | US$93m |
| Sep 30 2020 | n/a | n/a | US$55m |
| Jun 30 2020 | n/a | n/a | US$40m |
| Mar 31 2020 | US$134k | US$95k | US$27m |
| Dec 31 2019 | n/a | n/a | US$25m |
| Sep 30 2019 | n/a | n/a | US$29m |
| Jun 30 2019 | n/a | n/a | US$22m |
| Mar 31 2019 | US$123k | US$101k | US$7m |
| Dec 31 2018 | n/a | n/a | US$539k |
| Sep 30 2018 | n/a | n/a | -US$22m |
| Jun 30 2018 | n/a | n/a | US$3m |
| Mar 31 2018 | US$115k | US$95k | US$18m |
Compensation vs Market: Timur's total compensation ($USD8.49M) is about average for companies of similar size in the US market ($USD8.04M).
Compensation vs Earnings: Timur's compensation has increased by more than 20% in the past year.
CEO
Timur Turlov (36 yo)
9.1yrs
Tenure
US$8,492,310
Compensation
Mr. Timur Ruslanovich Turlov is Chairman of the Board of LIC "Freedom Life" JSC from March 19, 2018. He has been Chief Executive Officer of Freedom Holding Corp. (formerly known as BMB Munai, Inc.) since N...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman of the Board | 9.1yrs | US$8.49m | 69.96% $ 5.4b | |
| President & Director | 6.5yrs | US$2.69m | 0.17% $ 12.7m | |
| Chief Financial Officer | 9.1yrs | US$2.70m | 0.068% $ 5.2m | |
| Chief Legal Officer | less than a year | US$200.00k | no data | |
| Chief Executive Officer of Freedom Life | 6.3yrs | US$8.27m | 0.15% $ 11.3m | |
| Advisor to the Development & Intl Cooperation Dept. of Freedom KZ | no data | US$10.06m | 0.26% $ 20.4m | |
| Chief Technology Officer | 2.3yrs | US$351.38k | 0% $ 0 | |
| Chairman of the Management Board of Freedom Finance JSC & Freedom Finance Global PLC | 4.8yrs | no data | 0.11% $ 8.2m | |
| Chairman of the Management Board of Freedom Telecom Operations LLP | no data | no data | 0.22% $ 17.0m | |
| Corporate Secretary | no data | no data | no data | |
| President & CEO of Prime Executions | 4yrs | no data | 0.12% $ 8.9m |
5.5yrs
Average Tenure
43yo
Average Age
Experienced Management: FRHC's management team is seasoned and experienced (5.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman of the Board | 9.3yrs | US$8.49m | 69.96% $ 5.4b | |
| President & Director | 16.6yrs | US$2.69m | 0.17% $ 12.7m | |
| Independent Director | 5.8yrs | US$100.00k | no data | |
| Independent Director | less than a year | no data | no data | |
| Director | less than a year | no data | no data | |
| Independent Director | less than a year | no data | no data | |
| Lead Independent Director | 4.1yrs | US$250.00k | no data |
4.1yrs
Average Tenure
52yo
Average Age
Experienced Board: FRHC's board of directors are considered experienced (4.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:05 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| 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
Freedom Holding Corp. is covered by 1 analysts. 0 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 |
|---|---|
| Marla Backer | Sidoti & Company, LLC |