Solvay Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Philippe Kehren

Chief executive officer

€1.2m

Total compensation

CEO salary percentage	n/a
CEO tenure	no data
CEO ownership	n/a
Management average tenure	less than a year
Board average tenure	4yrs

Recent management updates

Recent updates

CEO

Philippe Kehren (53 yo)

no data

Tenure

€1,236,284

Compensation

Mr. Philippe Kehren has been Chief Executive Officer, Chairman of Executive Committee and Director at Solvay SA and was its President of Soda Ash Derivatives - Global Business Unit since January 01, 2021 a...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Philippe Kehren	CEO, Chairman of Executive Committee & Director	no data	€1.24m	no data
Alexandre Blum	Chief Financial and Strategy Officer & Member of Executive Committee	no data	€727.91k	no data
Lanny Duvall	COO & Member of Executive Committee	no data	€422.00k	no data
Mark Van Bijsterveld	Chief People Officer & Member of Executive Committee	less than a year	€444.33k	no data
Lisa Brown	General Counsel	less than a year	€461.33k	no data
Michael Finelli	Chief Technology Officer	no data	no data	no data
An Nuyttens	President of Aroma Performance & Silica Businesses	10.1yrs	no data	no data
Vincent Kamel	President of Performance Polyamides	no data	no data	no data
J. Radossich	President of Novecare Business	no data	no data	no data
Carlos Silveira	President of Peroxides GBU	no data	no data	no data
Etienne Galan	President of GBU Soda Ash & Derivatives	no data	no data	no data
Jean-Charles Djelalian	Chief Sustainability Officer	no data	no data	no data

0.9yrs

Average Tenure

54yo

Average Age

Experienced Management: SOLB's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Philippe Kehren	CEO, Chairman of Executive Committee & Director	no data	€1.24m	no data
Thomas Aebischer	Independent Director	no data	€6.08k	no data
Wolfgang Colberg	Independent Director	3.5yrs	€183.00k	no data
Maria Oudeman	Independent Director	9.5yrs	€170.50k	no data
Yves Bonte	Independent Director	no data	€6.08k	no data
Melchior de Vogue	Non-Independent Director	no data	€6.08k	no data
Pierre Gurdjian	Independent Chair of the Board	2.5yrs	€149.38k	no data
Annette Stube	Independent Director	no data	€6.08k	no data
Aude de Maisieres	Vice Chairman of the Board	4.5yrs	€142.00k	no data
Thierry Bonnefous	Non-Independent Director	no data	€6.08k	no data

4.0yrs

Average Tenure

62.5yo

Average Age

Experienced Board: SOLB's board of directors are considered experienced (4 years average tenure).

Solvay Management

Management criteria checks 2/4

Key information

Recent management updates

Solvay SA, Annual General Meeting, May 28, 2024

Solvay Announces the Future Executive Leadership Team for New

Solvay Approves Board Appointments

Solvay SA Announces Philippe Tournay to Step Down from the Board

Solvay SA, Annual General Meeting, May 10, 2022

Solvay Appoints Philippe Kehren as President of Soda Ash Derivatives, Starts from January 1, 2021

Recent updates

Third quarter 2024 earnings released: EPS: €0.18 (vs €2.11 in 3Q 2023)

Second quarter 2024 earnings released: EPS: €0.64 (vs €1.89 in 2Q 2023)

Now 21% undervalued

Solvay SA(ENXTBR:SOLB) dropped from FTSE All-World Index (USD)

Solvay SA Approves Dividend for the Year 2023, Payable on June 5, 2024

Upcoming dividend of €0.57 per share

First quarter 2024 earnings released: EPS: €1.11 (vs €2.37 in 1Q 2023)

Solvay SA(ENXTBR:SOLB) dropped from S&P EUROPE 350 - Materials (Sector)

New minor risk - Dividend sustainability

Solvay Sa Proposes Dividend

New minor risk - Financial position

Full year 2023 earnings released: €0.37 loss per share (vs €18.36 profit in FY 2022)

Upcoming dividend of €1.13 per share at 15% yield

Solvay SA, Annual General Meeting, May 28, 2024

Investor sentiment deteriorates as stock falls 81%

Now 57% undervalued after recent price drop

Solvay SA completed the Spin-Off of Materials segment and Solutions segment of Solvay SA (ENXTBR:SYENS).

New minor risk - Profit margin trend

Third quarter 2023 earnings released: EPS: €2.11 (vs €4.35 in 3Q 2022)

Solvay Announces the Future Executive Leadership Team for New

New minor risk - Shareholder dilution

New minor risk - Earnings quality

Second quarter 2023 earnings released: EPS: €1.89 (vs €6.80 in 2Q 2022)

Solvay SA Approves Dividend for the Year 2022, Payable on May 17, 2023

First quarter 2023 earnings released: EPS: €2.37 (vs €3.25 in 1Q 2022)

Now 20% undervalued

Full year 2022 earnings released: EPS: €18.36 (vs €9.11 in FY 2021)

Upcoming dividend of €1.08 per share

Solvay SA to Report Nine Months, 2023 Results on Nov 03, 2023

Third quarter 2022 earnings released: EPS: €4.35 (vs €2.41 in 3Q 2021)

Solvay SA Announces Interim Dividend, Payable on January 18, 2023

Solvay SA to Report Q3, 2022 Results on Nov 03, 2022

Solvay Provides Sales Guidance for the Third Quarter 2022

Solvay SA (ENXTBR:SOLB) acquired remaining 33% stake in Solvay Special Chem Japan, Ltd. from Santoku Co.,Ltd.

Solvay SA (ENXTBR:SOLB) acquired remaining 33% stake in Solvay Special Chem Japan, Ltd. from Santoku Co.,Ltd.

Second quarter 2022 earnings released: EPS: €6.80 (vs €2.14 in 2Q 2021)

Solvay Provides Earnings Guidance for the Second Quarter of 2022

Solvay SA to Report Q2, 2022 Results on Jul 28, 2022

Now 21% undervalued after recent price drop

Solvay Approves Board Appointments

Upcoming dividend of €1.65 per share

First quarter 2022 earnings released: EPS: €3.25 (vs €1.01 in 1Q 2021)

Solvay SA (ENXTBR:SOLB) acquired remaining 20% stake in Solvay Soda Ash Joint Venture from AGC Inc. (TSE:5201) for $120 million.

Solvay SA Announces Philippe Tournay to Step Down from the Board

Solvay SA, Annual General Meeting, May 10, 2022

Investor sentiment deteriorated over the past week

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Solvay SA Proposes Dividend

Solvay SA to Report Fiscal Year 2021 Results on Feb 23, 2022

Upcoming dividend of €1.05 per share

Third quarter 2021 earnings released: EPS €2.41 (vs €2.04 in 3Q 2020)

Solvay SA's ADR to Be Deleted from Other OTC

Second quarter 2021 earnings released: EPS €2.14 (vs €15.09 loss in 2Q 2020)

Solvay SA (ENXTBR:SOLB) completed the acquisition of Bayer SeedGrowth from Bayer Aktiengesellschaft (XTRA:BAYN).

President of the GBU Specialty Polymers Michael Finelli has left the company

Independent Director has left the company

Independent Director has left the company

Solvay Sa Approves Dividend for the Year 2020, Payable on May 19, 2021

Upcoming dividend of €1.58 per share

First quarter 2021 earnings released: EPS €1.01 (vs €1.42 in 1Q 2020)

OpenGate Capital, LLC completed the acquisition of North American and European amphoteric surfactant business from Solvay SA (ENXTBR:SOLB).

Germany's Supreme Court Rules in Solvay's Favor on Patent Case with Neo

Full year 2020 earnings released: €10.91 loss per share (vs €1.14 loss in FY 2019)

Composites One LLC completed the acquisition of Process Materials business of Solvay SA (ENXTBR:SOLB).

New 90-day high: €103

Solvay Launches Hydrogen Platform

OpenGate Capital, LLC signed a an agreement to acquire North American and European amphoteric surfactant business from Solvay SA (ENXTBR:SOLB).

New 90-day high: €99.34

Solvay Appoints Philippe Kehren as President of Soda Ash Derivatives, Starts from January 1, 2021