Verve Group SE

OTCPK:MGIM.F Stock Report

Market Cap: US$455.6m

Verve Group Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Remco Westermann

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure7.7yrs
CEO ownership23.1%
Management average tenureless than a year
Board average tenure3.3yrs

Recent management updates

Recent updates


CEO

Remco Westermann (62 yo)

7.7yrs
Tenure

Mr. Remco Westermann is Managing Director of Verve Group, Inc. Mr. Westermann serves as Member of Advisory Board of arttrade GmbH. He served as President of the Board at Verve Group, Inc. until August 2022...


Leadership Team

NamePositionTenureCompensationOwnership
Remco Westermann
CEO & Directorno datano data23.07%
$ 105.1m
Lars Salvador Duus
Chief Financial Officer1yrno datano data
Prasanna Prasad
Chief Technology Officerless than a yearno datano data
Ingo Middelmenne
Head of European Investor Relationsless than a yearno datano data
Soren Barz
Vice President Corporate Communications & Strategic Initiativesless than a yearno datano data
Esther Hilsen
Head of ESGno datano datano data
Alex Stil
Chief Commercial & Strategy Officer1.5yrsno datano data
Mishel Alon
Chief Business Officerless than a yearno datano data
David Philippson
Chief Product Officerless than a yearno datano data
Thomas Jacobsen
Secretaryno datano datano data
0.7yrs
Average Tenure
55yo
Average Age

Experienced Management: MGIM.F's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Remco Westermann
CEO & Director7.7yrsno data23.07%
$ 105.1m
Gregory Coleman
Independent Director1.6yrsno data0.014%
$ 61.6k
Alexander Doll
Independent Non-Executive Directorless than a yearno datano data
Peter Huijboom
Independent Director1.6yrsno data0.015%
$ 68.3k
Franca Ruhwedel
Independent Non-Executive Director3.3yrsno data0.0082%
$ 37.4k
Tobias Weitzel
Independent Chairman of the Board7.7yrsno data0.61%
$ 2.8m
Johan Roslund
Independent Non-Executive Director3.3yrsno data0.0024%
$ 11.2k
3.3yrs
Average Tenure
55yo
Average Age

Experienced Board: MGIM.F's board of directors are considered experienced (3.3 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/01/19 20:38
End of Day Share Price 2025/12/15 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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

Verve Group SE is covered by 15 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Edward JamesBerenberg
Matthew WeberCanaccord Genuity
Amar GalijasevicDNB Carnegie