Allianz Management

Management criteria checks 3/4

Allianz's CEO is Oliver Bate, appointed in Jan 2008, has a tenure of 16.83 years. total yearly compensation is €7.47M, comprised of 26.9% salary and 73.1% bonuses, including company stock and options. directly owns 0.005% of the company’s shares, worth €5.89M. The average tenure of the management team and the board of directors is 3.8 years and 13.7 years respectively.

Key information

Oliver Bate

Chief executive officer

€7.5m

Total compensation

CEO salary percentage	26.9%
CEO tenure	16.8yrs
CEO ownership	0.005%
Management average tenure	3.8yrs
Board average tenure	13.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Oliver Bate's remuneration changed compared to Allianz's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	€9b
Jun 30 2024	n/a	n/a	€9b
Mar 31 2024	n/a	n/a	€9b
Dec 31 2023	€7m	€2m	€8b
Sep 30 2023	n/a	n/a	€8b
Jun 30 2023	n/a	n/a	€8b
Mar 31 2023	n/a	n/a	€8b
Dec 31 2022	€7m	€2m	€6b
Sep 30 2022	n/a	n/a	€4b
Jun 30 2022	n/a	n/a	€4b
Mar 31 2022	n/a	n/a	€5b
Dec 31 2021	€7m	€2m	€7b
Sep 30 2021	n/a	n/a	€9b
Jun 30 2021	n/a	n/a	€9b
Mar 31 2021	n/a	n/a	€8b
Dec 31 2020	€7m	€2m	€7b
Sep 30 2020	n/a	n/a	€7b
Jun 30 2020	n/a	n/a	€7b
Mar 31 2020	n/a	n/a	€7b
Dec 31 2019	€7m	€2m	€8b
Sep 30 2019	n/a	n/a	€8b
Jun 30 2019	n/a	n/a	€8b
Mar 31 2019	n/a	n/a	€7b
Dec 31 2018	€7m	€1m	€7b

Compensation vs Market: Oliver's total compensation ($USD7.86M) is above average for companies of similar size in the Austrian market ($USD4.29M).

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

CEO

Oliver Bate (59 yo)

16.8yrs

Tenure

€7,467,000

Compensation

Mr. Oliver Bate serves as Director at Coalition, Inc. since November 2023. He has been Chief Executive Officer and Chairman of the Management Board at Allianz Group and Allianz SE since May 7, 2015. Mr. Bä...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Oliver Bate	Chairman of the Management Board & CEO	16.8yrs	€7.47m	0.0053% € 5.9m
Gunther Thallinger	Member of the Management Board	7.8yrs	€3.87m	0.0014% € 1.5m
Klaus-Peter Rohler	Member of the Management Board	4.6yrs	€2.60m	0.0012% € 1.4m
Renate Wagner	Member of the Management Board	4.8yrs	€2.60m	0.0012% € 1.4m
Christopher Townsend	Member of the Management Board	3.8yrs	€2.50m	0.0012% € 1.4m
Barbara Karuth-Zelle	COO & Member of the Management Board	3.8yrs	€2.62m	0.0012% € 1.4m
Andreas Wimmer	Member of Management Board	3.1yrs	€2.59m	0.00058% € 645.5k
Sirma Boshnakova	Member of the Board of Management	2.8yrs	€2.52m	0.00058% € 645.5k
Claire-Marie Coste-Lepoutre	CFO & Member of the Board of Management	less than a year	no data	no data
Euler Hermes	Member of the Management Board	3.8yrs	no data	no data
Stephan Theissing	Head of Group Treasury & Corporate Finance	no data	no data	no data
Oliver Schmidt	Head of Investor Relations	no data	no data	no data

3.8yrs

Average Tenure

53yo

Average Age

Experienced Management: ALV's management team is considered experienced (3.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Michael Diekmann	Independent Chairman of Supervisory Board	7.5yrs	€759.00k	no data
Kurt Bock	Member of Joint Advisory Council	no data	no data	no data
Norbert Reithofer	Member of Joint Advisory Council	17.8yrs	no data	no data
Gianfelice Mario Rocca	Member of International Advisory Board	18.8yrs	no data	no data
Jörg Schneider	Vice Chairman of the Supervisory Board	less than a year	no data	no data
Anthoni Salim	Member of International Advisory Board	no data	no data	no data
Rudiger Grube	Member of Joint Advisory Council	14.8yrs	no data	no data
Dennis Snower	Member of Joint Advisory Council	17.8yrs	€81.67k	no data
Kasper Bo Rorsted	Member of Joint Advisory Council	no data	no data	no data
Nicola Leibinger-Kammüller	Member of Joint Advisory Council	no data	no data	no data
Friedrich Eichiner	Independent Member of the Supervisory Board	8.5yrs	€372.50k	no data
Gabriele Burkhardt-Berg	Employee Representative Vice Chairwoman of Supervisory Board	12.5yrs	€306.00k	no data

13.7yrs

Average Tenure

68.5yo

Average Age

Experienced Board: ALV's board of directors are seasoned and experienced ( 13.7 years average tenure).

Allianz Management

Management criteria checks 3/4

Key information

Recent management updates

Allianz SE Announces Leadership Changes at Allianz Central Europe, Effective January 1, 2024

Allianz Commercial Appoints Elke Vagenende as Commercial Managing Director to Head the Countries in the Benelux and Nordics Regions

Allianz SE, Annual General Meeting, May 08, 2024

Allianz Se Announces Board Changes

Recent updates

Third quarter 2024 earnings released: EPS: €6.38 (vs €5.12 in 3Q 2023)

Silver Point Capital, L.P. and Allianz SE (XTRA:ALV) agreed to acquire Wesco Aircraft Holdings, Inc.

Second quarter 2024 earnings released: EPS: €6.09 (vs €5.51 in 2Q 2023)

Allianz Se Affirms Earnings Guidance for the Year 2024

Allianz Reportedly in the Frame for RACQ Insurance Unit

Allianz SE to Report Fiscal Year 2024 Final Results on Mar 14, 2025

First quarter 2024 earnings released: EPS: €6.32 (vs €5.43 in 1Q 2023)

Allianz SE Affirms Earnings Guidance for the Year 2024

Allianz SE Provides Earnings Guidance for the Year 2024

Dividend increased to €13.80

Full year 2023 earnings released: EPS: €21.56 (vs €16.35 in FY 2022)

Allianz SE Provides Earnings Guidance for the Year 2024

Allianz SE Announces Leadership Changes at Allianz Central Europe, Effective January 1, 2024

Third quarter 2023 earnings released

Allianz SE Provides Earnings Guidance for the Full Year 2023

Allianz Commercial Appoints Elke Vagenende as Commercial Managing Director to Head the Countries in the Benelux and Nordics Regions

Second quarter 2023 earnings released: EPS: €5.16 (vs €4.35 in 2Q 2022)

Allianz SE Maintains Earnings Guidance for the Year 2023

Global Gate Capital acquired Allianz operations in Lebanon from Allianz SE (XTRA:ALV).

Global Gate Capital acquired Allianz operations in Lebanon from Allianz SE (XTRA:ALV).

Interholding LLC completed the acquisition of 50.1% stake in Russian Operations of Allianz SE (XTRA:ALV).

Allianz SE Provides Earnings Guidance for 2023

Allianz SE to Report Q1, 2024 Results on May 15, 2024

Allianz SE, Annual General Meeting, May 08, 2024

Upcoming dividend of €11.40 per share at 5.0% yield

Full year 2022 earnings released

Rosen Law Firm Files Securities Class Action Lawsuit Against Allianz SE

Allianz SE (XTRA:ALV) announces an Equity Buyback for €1,000 million worth of its shares.

Allianz X GmbH agreed to acquire remaining stake in simplesurance GmbH from a group of shareholders.

Second quarter 2022 earnings released

Allianz SE (XTRA:ALV) completed the acquisition of a 27.74% stake in European Reliance General Insurance Company S.A. (ATSE:EUPIC).

Allianz SE to Report Q2, 2023 Results on Aug 10, 2023

Interholding LLC, agreed to acquire 50.01% stake in Russian operations of Allianz SE from Allianz SE (XTRA:ALV).

Allianz Se Announces Operating Profit Target for 2022

Allianz SE to Report Fiscal Year 2022 Final Results on Mar 03, 2023

Allianz SE (XTRA:ALV) agreed to acquire Sanlam Limited.

Upcoming dividend of €10.80 per share

Allianz SE to Report Fiscal Year 2021 Final Results on Mar 04, 2022

Full year 2021 earnings: Revenues exceed analyst expectations

Allianz SE Provides Earnings Guidance for 2022

Allianz Se Announces Board Changes

NNS Pillar II Fund managed by NN Group, Allianz SE (XTRA:ALV) and others acquired 15% stake in Aquila Part Prod Com Srl (BVB:AQ).

Allianz SE (XTRA:ALV) completed the acquisition of Poland Business of Aviva from Aviva plc (LSE:AV.).

Allianz Reportedly Planning to Offload Large US Life Portfolio

Global Head of Cyber Center of Competence Catharina Richter has left the company

Global Head of Cyber Center of Competence Catharina Richter has left the company

Global Head of Cyber Center of Competence Catharina Richter has left the company

Global Head of Cyber Center of Competence Catharina Richter has left the company

Global Head of Cyber Center of Competence Catharina Richter has left the company

Global Head of Cyber Center of Competence Catharina Richter has left the company

Global Head of Cyber Center of Competence Catharina Richter has left the company

Global Head of Cyber Center of Competence Catharina Richter has left the company

Global Head of Cyber Center of Competence Catharina Richter has left the company

Global Head of Cyber Center of Competence Catharina Richter has left the company

Second quarter 2021 earnings released

Allianz SE (XTRA:ALV) announces an Equity Buyback for €750 million worth of its shares.

Race for CBA Insurance Unit Reportedly Nears Finish Line

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age