ForFarmers Management
Management criteria checks 2/4
ForFarmers' CEO is Pieter Wolleswinkel, appointed in Apr 2022, has a tenure of 1.5 years. total yearly compensation is €559.22K, comprised of 64.4% salary and 35.6% bonuses, including company stock and options. directly owns 0.11% of the company’s shares, worth $251.53K. The average tenure of the management team and the board of directors is 1.6 years and 4.6 years respectively.
Key information
Pieter Wolleswinkel
Chief executive officer
€559.2k
Total compensation
| CEO salary percentage | 64.4% |
| CEO tenure | 1.5yrs |
| CEO ownership | 0.1% |
| Management average tenure | 1.6yrs |
| Board average tenure | 4.6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2023 | n/a | n/a | -€7m |
| Mar 31 2023 | n/a | n/a | €5m |
| Dec 31 2022 | €559k | €360k | €18m |
Compensation vs Market: Pieter's total compensation ($USD592.27K) is below average for companies of similar size in the US market ($USD1.55M).
Compensation vs Earnings: Insufficient data to compare Pieter's compensation with company performance.
CEO
Pieter Wolleswinkel (46 yo)
1.5yrs
Tenure
€559,218
Compensation
Mr. Pieter Wolleswinkel served as Chief Operating Officer for ForFarmers N.V. since April 2022 until April 2023 and also as Member of Executive Board since April 14, 2022 and has been its Chief Executive O...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Member of Executive Board | 1.5yrs | €559.22k | 0.11% $ 251.5k | |
| CFO & Member of Executive Board | 3.5yrs | €681.29k | 0.083% $ 185.2k | |
| COO & Member of Executive Board | less than a year | no data | 0.0013% $ 2.8k | |
| Director of Investor Relations & Communications | no data | no data | no data | |
| Legal & Corporate Affairs Director | less than a year | no data | no data | |
| Group HR Director | less than a year | no data | no data | |
| Managing Director of ForFarmers UK | 5.8yrs | no data | no data | |
| Managing Director of ForFarmers Germany | 1.8yrs | no data | no data | |
| Managing Director of ForFarmers/Tasomix | 1.8yrs | no data | no data |
1.6yrs
Average Tenure
50yo
Average Age
Experienced Management: FRFB.F's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Supervisory Board Chairman | 2.5yrs | €72.50k | no data | |
| Member of Supervisory Board | 9.1yrs | €49.50k | 0.0097% $ 21.7k | |
| Vice Chairman of Supervisory Board | 8.8yrs | €61.04k | no data | |
| Member of Supervisory Board | 5.8yrs | €59.10k | no data | |
| Independent Member of Supervisory Board | 3.5yrs | €50.50k | no data | |
| Member of Supervisory Board | 1.5yrs | €37.22k | 0.027% $ 60.9k |
4.6yrs
Average Tenure
52yo
Average Age
Experienced Board: FRFB.F's board of directors are considered experienced (4.6 years average tenure).