Metro Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Steffen Greubel

Chief executive officer

€2.4m

Total compensation

CEO salary percentage	45.0%
CEO tenure	2.9yrs
CEO ownership	n/a
Management average tenure	2.6yrs
Board average tenure	7.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Steffen Greubel's remuneration changed compared to Metro's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	€47m
Sep 30 2023	€2m	€1m	€439m
Jun 30 2023	n/a	n/a	€634m
Mar 31 2023	n/a	n/a	€170m
Dec 31 2022	n/a	n/a	-€7m
Sep 30 2022	€3m	€1m	-€334m
Jun 30 2022	n/a	n/a	-€466m
Mar 31 2022	n/a	n/a	-€113m
Dec 31 2021	n/a	n/a	€40m
Sep 30 2021	€2m	€458k	-€56m

Compensation vs Market: Steffen's total compensation ($USD2.62M) is about average for companies of similar size in the Austrian market ($USD2.54M).

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

CEO

Steffen Greubel (50 yo)

2.9yrs

Tenure

€2,446,000

Compensation

Dr. Steffen Greubel serves as Chief Executive Officer and Chairman of Management Board at Metro AG since May 1, 2021 and served as its Ad Interim Labour Director since April 01, 2022. Dr. Greubel served as...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Steffen Greubel	CEO & Chairman of Management Board	2.9yrs	€2.45m	no data
Rafael Gasset	COO & Member of the Management Board	4yrs	€1.73m	no data
Claude Sarrailh	Chief Customer & Merchandise Officer and Member of Management Board	2.3yrs	€1.54m	no data
Christiane Giesen	Chief People & Culture Officer	1.6yrs	€1.13m	no data
Eric Riegger	CFO & Member of Management Board	less than a year	no data	no data
Timo Salzsieder	Chief Information Officer & Chief Solution Officer	no data	no data	no data
Sabrina Ley	Director of Investor Relations	no data	no data	no data
Gerd Koslowski	Global Director of Corporate Communications	no data	no data	no data
Veronika Pountcheva	Senior VP & Global Director of Corporate Responsibility	8.3yrs	no data	no data
Michael Bouscheljong	Senior Vice President of Finance	no data	no data	no data
Matthias Buehler	Global Lead Digital Marketing	no data	no data	no data

2.6yrs

Average Tenure

52yo

Average Age

Experienced Management: MEO's management team is considered experienced (2.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Gwyneth Burr	Independent Member of Supervisory Board	7.2yrs	€90.00k	no data
Roman Silha	Independent Members of the Supervisory Board	3.2yrs	€147.00k	no data
Marco Arcelli	Independent Member of the Supervisory Board	4.3yrs	€97.00k	no data
Xaver Schiller	Employee Representative Vice Chairman of Supervisory Board	7.2yrs	€197.00k	no data
Willem Eelman	Member of the Supervisory Board	less than a year	no data	no data
Jurgen Steinemann	Independent Chairman of the Supervisory Board	7.2yrs	€320.00k	no data
Michael Heider	Employee Representative Member of Supervisory Board	7.2yrs	€105.00k	no data
Saga Sjostedt	Independent Member of Supervisory Board	7.2yrs	€80.00k	no data
Manfred Wirsch	Employee Representative Member of Supervisory Board	7.2yrs	€120.00k	no data
Silke Zimmer	Employee Representative Member of Supervisory Board	7.2yrs	€100.00k	no data
Udo Hofer	Employee Representative Member of Supervisory Board	3.8yrs	€80.00k	no data
Stefan Tieben	Independent Members of the Supervisory Board	3.2yrs	€120.00k	no data

7.2yrs

Average Tenure

58.5yo

Average Age

Experienced Board: MEO's board of directors are considered experienced (7.2 years average tenure).

Metro Management

Management criteria checks 4/4

Key information

Recent management updates

Metro Ag Announces CFO Changes

Metro Ag Announces Resignation of Christian Baier as Chief Financial Officer, Effective September 30, 2023

Metro AG, Annual General Meeting, Feb 24, 2023

Metro AG Announces Appointment of Steffen Greubel as New CEO, Effective May 1, 2021

Metro AG, Annual General Meeting, Feb 19, 2021

Metro AG's Chief Executive Officer Olaf Koch to Resign by End of 2020

Recent updates

Daniel Kretínský and Patrik Tkác acquired additional 8.99% stake in Metro AG (XTRA:B4B).

Investor sentiment deteriorates as stock falls 16%

First quarter 2024 earnings released: EPS: €0.36 (vs €1.44 in 1Q 2023)

Upcoming dividend of €0.55 per share at 8.8% yield

Full year 2023 earnings released: EPS: €1.21 (vs €0.92 loss in FY 2022)

Metro AG to Report First Half, 2024 Results on May 07, 2024

New minor risk - Share price stability

Metro AG(XTRA:B4B) dropped from FTSE All-World Index (USD)

Metro Ag Announces CFO Changes

Third quarter 2023 earnings released: EPS: €0.48 (vs €0.80 loss in 3Q 2022)

Metro Ag Announces Resignation of Christian Baier as Chief Financial Officer, Effective September 30, 2023

Metro AG to Report Fiscal Year 2023 Final Results on Dec 13, 2023

Second quarter 2023 earnings released

Reliance Retail Ventures Limited completed the acquisition of METRO Cash and Carry India Private Limited from Metro AG (XTRA:B4B).

Metro AG (XTRA:B4B) entered into an agreement to acquire JOHBECO Group for approximately €100 million.

First quarter 2023 earnings released: EPS: €1.44 (vs €0.54 in 1Q 2022)

Metro AG, Annual General Meeting, Feb 24, 2023

Reliance May Acquire Metro AG's India Business At A Value of Less Than $500 Million

Metro AG to Report Q3, 2023 Results on Aug 10, 2023

Metro's Top Brass Reportedly May Be Retained Post RIL Buyout

Germany's Metro Reportedly in Advance Talks over Sale of Indian Division

Metro AG to Report Q1, 2023 Results on Feb 08, 2023

Reliance Reportedly Sole Bidder for Metro's India Business

Third quarter 2022 earnings released

Udaan Enters Fray for Metro Cash

Charoen Pokphand and Reliance Industries Limited Reportedly Among Suitors for Wholesale Operations of Metro

Metro AG Revises its Sales Guidance for the Financial Year 2022

Reliance, PremjiInvest, CP Group, Swiggy Reportedly Look to Bid for Metro India Unit

Bronze Properties S.à r.l. acquired Makro Cash & Carry Belgium N.V. from Metro AG (XTRA:B4B).

Metro AG to Report Fiscal Year 2022 Results on Dec 14, 2022

Swiggy Reportedly in Contention for Indian Operations of Metro

Metro Reportedly Looks to Sell India Operations

Second quarter 2022 earnings released: €0.78 loss per share (vs €0.36 loss in 2Q 2021)

Metro AG Provides Sales Guidance for the First Half of Fiscal Year 2021-2022

Metro AG Revises Earnings Guidance for the Financial Year 2021-2022

Investor sentiment deteriorated over the past week

First quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

Full year 2021 earnings: Revenues in line with analyst expectations

Metro AG (XTRA:B4B) agreed to acquire C&C Abholgroßmaerkte GmbH.

Third quarter 2021 earnings released: EPS €0.17 (vs €0.39 loss in 3Q 2020)

Second quarter 2021 earnings released: €0.36 loss per share (vs €0.32 loss in 2Q 2020)

Metro AG Proposes to Update Earnings Guidance for the Financial Year of 2020 to 2021

Revenue misses expectations

New 90-day high: €10.30

First quarter 2021 earnings released

Metro AG Announces Appointment of Steffen Greubel as New CEO, Effective May 1, 2021

Metro AG (XTRA:B4B) acquired 25% stake in Filpromer.

Metro AG (XTRA:B4B) acquired DAVIGEL ESPAÑA. S.A. from Sysco Corporation (NYSE:SYY).

Full year 2020 earnings released: €0.40 loss per share

Revenue misses expectations

Wipro Limited (BSE:507685) agreed to acquire METRO-nom GmbH from Metro AG (XTRA:B4B) for €40 million.

New 90-day high: €8.83

Investor sentiment improved over the past week

Metro AG, Annual General Meeting, Feb 19, 2021

New 90-day low: €8.07

EPCG to Hike Stake in Metro

Metro AG (XTRA:B4B) agreed to acquire Aviludo Group.

Metro AG to Report Q1, 2021 Results on Feb 10, 2021

Wumei Technology Group Co., Ltd. completed the acquisition of majority stake in METRO China from Metro AG (XTRA:B4B)

Metro AG's Chief Executive Officer Olaf Koch to Resign by End of 2020

Earnings released

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members