Motor Oil (Hellas) Corinth Refineries Management
Management criteria checks 4/4
Motor Oil (Hellas) Corinth Refineries' CEO is Yannis Vardinoyannis, appointed in Jan 2021, has a tenure of 4.33 years. total yearly compensation is €391.74K, comprised of 77.4% salary and 22.6% bonuses, including company stock and options. directly owns 0.23% of the company’s shares, worth $6.44M. The average tenure of the management team and the board of directors is 5.8 years and 3.9 years respectively.
Key information
Yannis Vardinoyannis
Chief executive officer
€391.7k
Total compensation
| CEO salary percentage | 77.43% |
| CEO tenure | 4.3yrs |
| CEO ownership | 0.2% |
| Management average tenure | 5.8yrs |
| Board average tenure | 3.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2024 | €392k | €303k | €283m |
| Sep 30 2024 | n/a | n/a | €309m |
| Jun 30 2024 | n/a | n/a | €888m |
| Mar 31 2024 | n/a | n/a | €759m |
| Dec 31 2023 | n/a | n/a | €806m |
| Sep 30 2023 | n/a | n/a | €678m |
| Jun 30 2023 | n/a | n/a | €559m |
| Mar 31 2023 | n/a | n/a | €1b |
| Dec 31 2022 | €443k | €184k | €968m |
| Sep 30 2022 | n/a | n/a | €1b |
| Jun 30 2022 | n/a | n/a | €767m |
| Mar 31 2022 | n/a | n/a | €334m |
| Dec 31 2021 | €32k | n/a | €202m |
Compensation vs Market: Yannis's total compensation ($USD441.90K) is below average for companies of similar size in the US market ($USD7.36M).
Compensation vs Earnings: Yannis's compensation has been consistent with company performance over the past year.
CEO
Yannis Vardinoyannis (62 yo)
Mr. Yannis V. Vardinoyannis has been Chairman since 2024 and served as Executive Vice Chairman of the Board at Motor Oil (Hellas) Corinth Refineries S.A. since 2005 until 2024 and had been its Managing Dir...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman | 4.3yrs | €391.74k | 0.23% $ 6.4m | |
| Deputy CEO & Director | 19yrs | €443.87k | 0.14% $ 3.9m | |
| General Manager of Fuel Refining & Trading and Executive Director | 14.2yrs | €269.23k | 0.019% $ 521.1k | |
| 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 | 6.3yrs | no data | no data | |
| Investor Relations Officer | no data | no data | no data | |
| Head of Legal Department & Secretary of the Board | 5.3yrs | no data | no data | |
| General Manager of Human Resources | no data | no data | 0.019% $ 515.3k | |
| Head of Shareholders’ Office & Corporate Announcements Officer | no data | no data | no data | |
| Chief Sustainability Officer | no data | no data | no data | |
| Financial Controller | no data | no data | no data |
Experienced Management: MOHC.Y's management team is seasoned and experienced (5.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman | 1.3yrs | €391.74k | 0.23% $ 6.4m | |
| Deputy CEO & Director | 19yrs | €443.87k | 0.14% $ 3.9m | |
| General Manager of Fuel Refining & Trading and Executive Director | less than a year | €269.23k | 0.019% $ 521.1k | |
| Deputy CEO & Director | 27.3yrs | €469.29k | 0.086% $ 2.4m | |
| Non-Executive Director | no data | €217.60k | 0.0032% $ 90.0k | |
| Independent Non-Executive Director | 3.9yrs | €45.00k | no data | |
| Non Executive Independent Director | 7.3yrs | €50.00k | no data | |
| Non-Executive Vice Chairman | less than a year | €79.87k | 0.019% $ 515.3k | |
| Independent Non-Executive Director | 3.9yrs | €40.00k | no data | |
| Non-Executive Director | 2.9yrs | €30.00k | no data |
Experienced Board: MOHC.Y's board of directors are considered experienced (3.9 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/21 03:12 |
| End of Day Share Price | 2025/03/20 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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 |
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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.
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 Github.
Analyst Sources
Motor Oil (Hellas) Corinth Refineries S.A. is covered by 24 analysts. 6 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 |
|---|---|
| Nikos Katsenos | Alpha Finance Investment Services S.A. |
| Constantinos Zouzoulas | Axia Ventures Group Ltd |
| Lydia Rainforth | Barclays |