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Olivier Wigniolle became the CEO of Icade (EPA:ICAD) in 2015. This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. Then we'll look at a snap shot of the business growth. And finally we will reflect on how common stockholders have fared in the last few years, as a secondary measure of performance. This method should give us information to assess how appropriately the company pays the CEO.
View our latest analysis for Icade
How Does Olivier Wigniolle's Compensation Compare With Similar Sized Companies?
Our data indicates that Icade is worth €5.9b, and total annual CEO compensation is €484k. (This number is for the twelve months until December 2018). That's a fairly small increase of 1.7% on year before. While this analysis focuses on total compensation, it's worth noting the salary is lower, valued at €400k. As part of our analysis we looked at companies in the same jurisdiction, with market capitalizations of €3.5b to €11b. The median total CEO compensation was €2.5m.
A first glance this seems like a real positive for shareholders, since Olivier Wigniolle is paid less than the average total compensation paid by similar sized companies. However, before we heap on the praise, we should delve deeper to understand business performance.
You can see a visual representation of the CEO compensation at Icade, below.
Is Icade Growing?
On average over the last three years, Icade has grown earnings per share (EPS) by 90% each year (using a line of best fit). It achieved revenue growth of 9.4% over the last year.
This shows that the company has improved itself over the last few years. Good news for shareholders. It's good to see a bit of revenue growth, as this suggests the business is able to grow sustainably. You might want to check this free visual report on analyst forecasts for future earnings.
Has Icade Been A Good Investment?
Most shareholders would probably be pleased with Icade for providing a total return of 47% over three years. This strong performance might mean some shareholders don't mind if the CEO were to be paid more than is normal for a company of its size.
In Summary...
It looks like Icade pays its CEO less than similar sized companies. Considering the underlying business is growing earnings, this would suggest the pay is modest. And given most shareholders are probably very happy with recent returns, you might even think that Olivier Wigniolle deserves a raise!