Alvotech

NasdaqGM:ALVO Stock Report

Market Cap: US$1.5b

Alvotech Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Vilhelm Wessman

Chief executive officer

US$2.3m

Total compensation

CEO salary percentage93.67%
CEO tenure3yrs
CEO ownershipn/a
Management average tenure1yr
Board average tenure5.3yrs

Recent management updates

Recent updates

Statutory Earnings May Not Be The Best Way To Understand Alvotech's (NASDAQ:ALVO) True Position

Nov 20
Statutory Earnings May Not Be The Best Way To Understand Alvotech's (NASDAQ:ALVO) True Position

Alvotech's (NASDAQ:ALVO) 31% Dip In Price Shows Sentiment Is Matching Revenues

Nov 09
Alvotech's (NASDAQ:ALVO) 31% Dip In Price Shows Sentiment Is Matching Revenues

Analysts Just Slashed Their Alvotech (NASDAQ:ALVO) EPS Numbers

Nov 06
Analysts Just Slashed Their Alvotech (NASDAQ:ALVO) EPS Numbers

Alvotech: Promising Vertically Integrated Biosimilar Platform

Oct 15

Alvotech (NASDAQ:ALVO) Held Back By Insufficient Growth Even After Shares Climb 29%

May 25
Alvotech (NASDAQ:ALVO) Held Back By Insufficient Growth Even After Shares Climb 29%

Alvotech's (NASDAQ:ALVO) Promising Earnings May Rest On Soft Foundations

May 15
Alvotech's (NASDAQ:ALVO) Promising Earnings May Rest On Soft Foundations
User avatar

Biosimilar Pipeline And R&D Capability Will Open New Markets

Upcoming biosimilar launches and strategic manufacturing expansions might drive substantial revenue and margin growth, leveraging lost biologic patents.

Benign Growth For Alvotech (NASDAQ:ALVO) Underpins Stock's 25% Plummet

Apr 08
Benign Growth For Alvotech (NASDAQ:ALVO) Underpins Stock's 25% Plummet

Alvotech's Position In The Coming Biosimilar Gold Rush

Nov 21

Alvotech: Steady Progress Offers A Good Chance Of Upside

Aug 26

Bullish: Analysts Just Made A Huge Upgrade To Their Alvotech (NASDAQ:ALVO) Forecasts

May 28
Bullish: Analysts Just Made A Huge Upgrade To Their Alvotech (NASDAQ:ALVO) Forecasts

Alvotech: Consider Buying As Positive Q1 Earnings Release Likely

Apr 25

Alvotech (NASDAQ:ALVO) Shares May Have Slumped 28% But Getting In Cheap Is Still Unlikely

Apr 03
Alvotech (NASDAQ:ALVO) Shares May Have Slumped 28% But Getting In Cheap Is Still Unlikely

Alvotech (NASDAQ:ALVO) Just Reported Yearly Earnings: Have Analysts Changed Their Mind On The Stock?

Mar 24
Alvotech (NASDAQ:ALVO) Just Reported Yearly Earnings: Have Analysts Changed Their Mind On The Stock?

Analysts Just Shaved Their Alvotech (NASDAQ:ALVO) Forecasts Dramatically

Sep 03
Analysts Just Shaved Their Alvotech (NASDAQ:ALVO) Forecasts Dramatically

CEO Compensation Analysis

How has Vilhelm Wessman's remuneration changed compared to Alvotech's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2025n/an/a

US$69m

Jun 30 2025n/an/a

US$63m

Mar 31 2025n/an/a

US$97m

Dec 31 2024US$2mUS$2m

-US$232m

Sep 30 2024n/an/a

-US$441m

Jun 30 2024n/an/a

-US$618m

Mar 31 2024n/an/a

-US$494m

Dec 31 2023US$2mUS$1m

-US$552m

Sep 30 2023n/an/a

-US$596m

Jun 30 2023n/an/a

-US$416m

Mar 31 2023n/an/a

-US$713m

Dec 31 2022US$740kn/a

-US$514m

Compensation vs Market: Vilhelm's total compensation ($USD2.32M) is below average for companies of similar size in the US market ($USD5.28M).

Compensation vs Earnings: Vilhelm's compensation has been consistent with company performance over the past year.

CEO

Vilhelm Wessman (56 yo)

3yrs
Tenure
US$2,323,000
Compensation

Mr. Vilhelm Robert Wessman was Chairman of Adalvo Limited until December 2025. He is the Founder of Alvogen Iceland Ehf and has been its Chairman and Chief Executive Officer since 2009. Mr. Wessman founded...

Leadership Team

NamePositionTenureCompensationOwnership
Vilhelm Wessman
Founder3yrsUS$2.32mno data
Linda Jonsdottir
Chief Financial Officerless than a yearno datano data
Joseph McClellan
Chief Operating Officer1yrno data0.049%
$ 728.6k
Benedikt Stefansson
Vice President of Investor Relations & Global Communicationsno datano datano data
Tanya Zharov
General Counsel3yrsno data0%
$ 0
Sarah Macleod
Head of Global Communicationsno datano datano data
Kathryn Gunnarsson
Senior Vice President of Global Talent & People Experience1yrno datano data
Anthony Maffia
Chief Quality & Regulatory Officer2yrsno datano data
Balaji Prasad
Chief Strategy Officerless than a yearno datano data
Johann Johannsson
Executive Vice President of Capital Markets and M&A1yrno datano data
Agne Pasko
Vice President & Head of Business Developmentless than a yearno datano data
Trisha Durant
Senior Vice President of Global Business Development and Commercial Operationless than a yearno datano data
1.0yrs
Average Tenure
53.5yo
Average Age

Experienced Management: ALVO's management team is not considered experienced ( 1 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Vilhelm Wessman
Founder7yrsUS$2.32mno data
Hjorleifur Palsson
Directorno dataUS$41.00k0.00075%
$ 11.1k
Lisa Graver
Non-Executive Director3.6yrsUS$251.00k0.0068%
$ 100.1k
Tomas Ekman
Non-Executive Director7yrsno datano data
Arni Hardarson
Non-Executive Director3.6yrsno datano data
Richard Davies
Independent Non-Executive Deputy Chairman7yrsUS$339.00k0.35%
$ 5.1m
Ann Merchant
Independent Non-Executive Director3.6yrsUS$295.00k0.0068%
$ 100.1k
5.3yrs
Average Tenure
58yo
Average Age

Experienced Board: ALVO's board of directors are considered experienced (5.3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/01/09 19:39
End of Day Share Price 2026/01/09 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

Alvotech is covered by 9 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Glen SantangeloBarclays
Andrew BaumCitigroup Inc
Peter VerdultCitigroup Inc