RHI Magnesita N.V.

WBAG:RHIM Stock Report

Market Cap: €1.8b

RHI Magnesita Management

Management criteria checks 2/4

RHI Magnesita's CEO is Stefan Borgas, appointed in Oct 2017, has a tenure of 7.17 years. total yearly compensation is €3.99M, comprised of 28.7% salary and 71.3% bonuses, including company stock and options. directly owns 0.23% of the company’s shares, worth €4.13M. The average tenure of the management team and the board of directors is 5.3 years and 7.2 years respectively.

Key information

Stefan Borgas

Chief executive officer

€4.0m

Total compensation

CEO salary percentage28.7%
CEO tenure7.2yrs
CEO ownership0.2%
Management average tenure5.3yrs
Board average tenure7.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Stefan Borgas's remuneration changed compared to RHI Magnesita's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

€186m

Mar 31 2024n/an/a

€175m

Dec 31 2023€4m€1m

€165m

Sep 30 2023n/an/a

€152m

Jun 30 2023n/an/a

€139m

Mar 31 2023n/an/a

€148m

Dec 31 2022€3m€1m

€156m

Sep 30 2022n/an/a

€199m

Jun 30 2022n/an/a

€243m

Mar 31 2022n/an/a

€243m

Dec 31 2021€2m€1m

€243m

Sep 30 2021n/an/a

€157m

Jun 30 2021n/an/a

€72m

Mar 31 2021n/an/a

€48m

Dec 31 2020€2m€969k

€25m

Sep 30 2020n/an/a

€50m

Jun 30 2020n/an/a

€76m

Mar 31 2020n/an/a

€107m

Dec 31 2019€1m€855k

€139m

Sep 30 2019n/an/a

€171m

Jun 30 2019n/an/a

€203m

Mar 31 2019n/an/a

€180m

Dec 31 2018€2m€826k

€158m

Sep 30 2018n/an/a

€93m

Jun 30 2018n/an/a

€27m

Mar 31 2018n/an/a

-€900k

Dec 31 2017€477k€172k

-€17m

Compensation vs Market: Stefan's total compensation ($USD4.16M) is above average for companies of similar size in the Austrian market ($USD1.89M).

Compensation vs Earnings: Stefan's compensation has increased by more than 20% in the past year.

CEO

Stefan Borgas (60 yo)

7.2yrs

Tenure

€3,988,284

Compensation

Mr. Stefan Borgas, MBA, is CEO & Director of RHI Magnesita GmbH. Mr. Borgas serves as an Independent Chairman of the Board at AFYREN SAS since October 2020. He has been the Chief Executive Officer of Magne...

Leadership Team

NamePositionTenureCompensationOwnership
Stefan Borgas
CEO & Executive Director7.2yrs€3.99m0.23%
€ 4.1m
Ian Botha
CFO, Finance Director & Executive Director5.7yrs€2.17m0.11%
€ 2.0m
Eduardo Guardiano Gotilla
Vice President of Corporate Finance & Investor Relationsno datano datano data
Rajah Jayendran
Chief Technology Officer1.9yrsno datano data
Chris Bucknall
Head of Investor Relationsno datano datano data
Ticiana Kobel
Executive Vice President of Legal & Digital Transformation4.9yrsno datano data
Simone Oremovic
Executive Vice President of People7.4yrsno datano data
Gustavo Lucio Franco
Chief Customer Officer1.9yrsno datano data
Claudia Bergner
Head of People & Cultureno datano datano data
Sally Caswell
Company Secretary4.9yrsno datano data
Rodrigo Guerra
Group Treasurerno datano datano data
Franz Struzl
Consultant8.1yrs€3.81mno data

5.3yrs

Average Tenure

53yo

Average Age

Experienced Management: RHIM's management team is seasoned and experienced (5.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Stefan Borgas
CEO & Executive Director7.5yrs€3.99m0.23%
€ 4.1m
Ian Botha
CFO, Finance Director & Executive Director5.5yrs€2.17m0.11%
€ 2.0m
Herbert Cordt
Chairman7.5yrs€302.19k0.74%
€ 13.5m
Karl Sevelda
Independent Non-Executive Director7.2yrs€105.89k0.0042%
€ 77.2k
Wolfgang Ruttenstorfer
Non-Independent Non-Executive Director7.5yrs€99.19kno data
Stanislaus Prinz zu Sayn Wittgenstein-Berleburg
Non-Independent Non-Executive Director7.2yrs€95.73k6.7%
€ 121.9m
David Schlaff
Non-Independent Non-Executive Director7.2yrs€89.03kno data
Janice Brown
Independent Non-Executive Director3.5yrs€109.35kno data
John Ramsay
Deputy Chairman & Senior Independent Director7.2yrs€153.69k0.010%
€ 188.5k
Martin Kowatsch
Employee Representative Director3yrsno data0.0026%
€ 47.1k
Janet Ashdown
Independent Non-Executive Director5.5yrs€136.60kno data
Michael Schwarz
Employee Representative Director7yrsno datano data

7.2yrs

Average Tenure

62.5yo

Average Age

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

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 17:49
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

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 here.

Analysis Model and Snowflake

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Industry and Sector Metrics

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Analyst Sources

RHI Magnesita N.V. is covered by 24 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Gerhard SchwarzBaader Helvea Equity Research
Jonathan HurnBarclays
James ZarembaBarclays