Motor Oil (Hellas) Corinth Refineries Management
Management criteria checks 3/4
Motor Oil (Hellas) Corinth Refineries' CEO is Yannis Vardinoyannis, appointed in Jan 2021, has a tenure of 3.25 years. total yearly compensation is €442.80K, comprised of 41.6% salary and 58.4% bonuses, including company stock and options. directly owns 0.23% of the company’s shares, worth $7.14M. The average tenure of the management team and the board of directors is 4.3 years and 4.5 years respectively.
Key information
Yannis Vardinoyannis
Chief executive officer
€442.8k
Total compensation
| CEO salary percentage | 41.6% |
| CEO tenure | 3.3yrs |
| CEO ownership | 0.2% |
| Management average tenure | 4.3yrs |
| Board average tenure | 4.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | €806m |
| Sep 30 2023 | n/a | n/a | €678m |
| Jun 30 2023 | n/a | n/a | €559m |
| Mar 31 2023 | n/a | n/a | €1b |
| Dec 31 2022 | €443k | €184k | €968m |
| Sep 30 2022 | n/a | n/a | €1b |
| Jun 30 2022 | n/a | n/a | €767m |
| Mar 31 2022 | n/a | n/a | €334m |
| Dec 31 2021 | €32k | n/a | €202m |
Compensation vs Market: Yannis's total compensation ($USD475.21K) is below average for companies of similar size in the US market ($USD6.65M).
Compensation vs Earnings: Yannis's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Yannis Vardinoyannis (61 yo)
3.3yrs
Tenure
€442,798
Compensation
Mr. Yannis V. Vardinoyannis has been Executive Vice Chairman of the Board at Motor Oil (Hellas) Corinth Refineries S.A. since 2005 and had been its Managing Director since January 2021 until October 2023 a...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Deputy CEO & Director | 17.9yrs | €483.13k | 0.14% € 4.3m | |
| CEO & Vice Chairman | 3.3yrs | €442.80k | 0.23% € 7.1m | |
| General Manager of Finance | 1.3yrs | no data | no data | |
| Chief Accountant | no data | no data | no data | |
| GM of Information Technology & Chief Information Officer | 5.3yrs | no data | no data | |
| Investor Relations Officer | no data | no data | no data | |
| General Counsel & Secretary | no data | no data | 0.018% € 571.4k | |
| General Manager of Human Resources | no data | no data | 0.018% € 571.4k | |
| Head of Shareholders’ Office & Corporate Announcements Officer | no data | no data | no data | |
| Financial Controller | no data | no data | no data | |
| General Manager of Finance & Information Systems | no data | no data | no data | |
| Senior Manager for Production & Distribution of Refinery | no data | no data | no data |
4.3yrs
Average Tenure
60.5yo
Average Age
Experienced Management: MOHC.Y's management team is considered experienced (4.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Deputy CEO & Director | 17.9yrs | €483.13k | 0.14% € 4.3m | |
| CEO & Vice Chairman | 19.3yrs | €442.80k | 0.23% € 7.1m | |
| Non-Executive Chairman | no data | €30.00k | no data | |
| Deputy CEO & Director | no data | €493.33k | 0.086% € 2.7m | |
| Non-Executive Director | no data | €222.43k | 0.0032% € 99.9k | |
| Independent Non-Executive Director | 2.8yrs | €40.00k | no data | |
| Non Executive Independent Director | 6.3yrs | €40.00k | no data | |
| Independent Non-Executive Director | 2.8yrs | €35.00k | no data | |
| Non-Executive Director | 1.8yrs | €15.00k | no data |
4.5yrs
Average Tenure
61yo
Average Age
Experienced Board: MOHC.Y's board of directors are considered experienced (4.5 years average tenure).