Fraport Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Stefan Schulte

Chief executive officer

€1.7m

Total compensation

CEO salary percentage	43.1%
CEO tenure	21.8yrs
CEO ownership	n/a
Management average tenure	6.6yrs
Board average tenure	8.5yrs

Recent management updates

No updates

Recent updates

CEO Compensation Analysis

How has Stefan Schulte's remuneration changed compared to Fraport's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	€457m
Jun 30 2024	n/a	n/a	€463m
Mar 31 2024	n/a	n/a	€431m
Dec 31 2023	€2m	€715k	€393m
Sep 30 2023	n/a	n/a	€383m
Jun 30 2023	n/a	n/a	€262m
Mar 31 2023	n/a	n/a	€219m
Dec 31 2022	€2m	€715k	€132m
Sep 30 2022	n/a	n/a	€52m
Jun 30 2022	n/a	n/a	€14m
Mar 31 2022	n/a	n/a	€40m
Dec 31 2021	€3m	€715k	€83m
Sep 30 2021	n/a	n/a	-€45m
Jun 30 2021	n/a	n/a	-€426m
Mar 31 2021	n/a	n/a	-€693m
Dec 31 2020	€2m	€715k	-€658m
Sep 30 2020	n/a	n/a	-€474m
Jun 30 2020	n/a	n/a	€52m
Mar 31 2020	n/a	n/a	€361m
Dec 31 2019	€2m	€415k	€421m
Sep 30 2019	n/a	n/a	€508m
Jun 30 2019	n/a	n/a	€497m
Mar 31 2019	n/a	n/a	€481m
Dec 31 2018	€3m	€415k	€474m
Sep 30 2018	n/a	n/a	€366m
Jun 30 2018	n/a	n/a	€337m
Mar 31 2018	n/a	n/a	€335m
Dec 31 2017	€2m	€415k	€330m

Compensation vs Market: Stefan's total compensation ($USD1.73M) is below average for companies of similar size in the Austrian market ($USD2.47M).

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

CEO

Stefan Schulte (64 yo)

21.8yrs

Tenure

€1,658,400

Compensation

Dr. Stefan Schulte has been the Chairman of Executive Board and Chief Executive Officer at Fraport AG since September 1, 2009 and has been its Member of the Executive Board since 2003. Dr. Schulte served a...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Stefan Schulte	Chairman of the Executive Board & CEO	21.8yrs	€1.66m	no data
Matthias Zieschang	Executive Director of Finance & Controlling	17.6yrs	€1.58m	no data
Anke Giesen	Executive Director of Retail & Real Estate and Member of the Executive Board	12.4yrs	€1.40m	no data
Pierre Prumm	Executive Director of Aviation & Infrastructure and Member of Executive Board	5.3yrs	€1.03m	no data
Julia Kranenberg	Executive Director of Labor Relations & Member of Executive Board	2yrs	€1.03m	no data
Alexander Zinell	Head of Global Investments & Management	no data	no data	no data
Christoph Nanke	Senior VP	no data	no data	no data
Martin Glock	Senior VP of Legal Affairs & Compliance	no data	no data	no data
Jürgen Harrer	Head of Corporate Communications	no data	no data	no data
Martin Bien	Senior Executive Vice President of Groundservices	no data	no data	no data
Simone Schwab	Head of Airline Sales & Customer Services	6.6yrs	no data	no data
Alexander Laukenmann	Senior Executive VP of Airside & Terminal Management	5.3yrs	no data	no data

6.6yrs

Average Tenure

59.5yo

Average Age

Experienced Management: FRA's management team is seasoned and experienced (6.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Wolfgang Kirsch	Chairman of Economic Advisory Board	5.8yrs	no data	no data
Gordon Riske	Member of the Economic Advisory Board	no data	no data	no data
Lothar Klemm	Member of the Supervisory Board	25.5yrs	€84.50k	no data
Margarete Haase	Independent Member of the Supervisory Board	13.8yrs	€102.00k	no data
Michael Hüther	Member of the Economic Advisory Board	no data	no data	no data
Kathrin Dahnke	Independent Member of the Supervisory Board	1.5yrs	€32.85k	no data
Mathias Venema	Employee Representative Vice Chairman of Supervisory Board	4.3yrs	€84.50k	no data
Katja Windt	Independent Member of the Supervisory Board	12.5yrs	€62.00k	no data
Devrim Arslan	Employee Representative Member of the Supervisory Board	11.5yrs	€57.44k	no data
Frank-Peter Kaufmann	Member of the Supervisory Board	10.5yrs	€70.00k	no data
Hakan Bolukmese	Employee Representative Member of the Supervisory Board	6.5yrs	€82.50k	no data
Michael Boddenberg	Chairman of Supervisory Board	4.5yrs	€131.00k	no data

8.5yrs

Average Tenure

65yo

Average Age

Experienced Board: FRA's board of directors are considered experienced (8.5 years average tenure).

Fraport Management

Management criteria checks 4/4

Key information

Recent management updates

Recent updates

Third quarter 2024 earnings released: EPS: €2.49 (vs €2.55 in 3Q 2023)

GMR Airports Infrastructure Limited (NSEI:GMRINFRA) entered into a Share Purchase Agreement to acquire an additional 10% stake in Delhi International Airport Limited from Fraport AG (XTRA:FRA) for approximately $130 million

GMR Airports Plans to Buy Fraport's 10% to Increase Stake in Delhi Airport

Second quarter 2024 earnings released: EPS: €1.45 (vs €1.11 in 2Q 2023)

Now 20% undervalued

Fraport AG (XTRA:FRA) announces an Equity Buyback for 75,000 shares, representing 0.08% for €4 million.

First quarter 2024 earnings released: EPS: €0.18 (vs €0.23 loss in 1Q 2023)

Full year 2023 earnings released: EPS: €4.26 (vs €1.43 in FY 2022)

Third quarter 2023 earnings released

New major risk - Revenue and earnings growth

Second quarter 2023 earnings released: EPS: €1.11 (vs €0.64 in 2Q 2022)

Fraport AG to Report Q3, 2024 Results on Nov 05, 2024

New minor risk - Share price stability

Fraport AG (XTRA:FRA) announces an Equity Buyback for 75,000 shares, representing 0.08% for €4 million.

First quarter 2023 earnings released: €0.23 loss per share (vs €1.17 loss in 1Q 2022)

Full year 2022 earnings released: EPS: €1.43 (vs €0.90 in FY 2021)

Third quarter 2022 earnings released: EPS: €1.24 (vs €0.83 in 3Q 2021)

Fraport AG Provides Earnings Guidance for the Year 2022

Second quarter 2022 earnings released: EPS: €0.64 (vs €0.92 in 2Q 2021)

Fraport AG to Report Q3, 2023 Results on Nov 07, 2023

Fraport Provides Earnings Guidance for Full Year 2022

Fraport AG (XTRA:FRA) announces an Equity Buyback for 75,000 shares, representing 0.08% for €3.1 million.

First quarter 2022 earnings released: €1.17 loss per share (vs €0.70 loss in 1Q 2021)

Fraport AG Provides Operating and Earnings Guidance for the Full Year 2022

Chang'an Huitong Co., Ltd. agreed to acquire a 24.5% stake in Xi'an Xianyang International Airport Co., Ltd from Fraport AG (XTRA:FRA) for CNY 1.1 billion.

Full year 2021 earnings: Revenues in line with analyst expectations

Third quarter 2021 earnings released: EPS €0.83 (vs €3.29 loss in 3Q 2020)

Second quarter 2021 earnings released: EPS €0.92 (vs €1.97 loss in 2Q 2020)

Fraport AG Provides Earnings and Operating Guidance for the Year 2021

Full year 2020 earnings released: €7.12 loss per share (vs €4.55 profit in FY 2019)

New 90-day high: €53.95

Fraport AG to Report Q1, 2021 Results on May 11, 2021

New 90-day high: €42.92

Third quarter 2020 earnings released: €3.29 loss per share

Revenue misses expectations

New 90-day low: €32.00

Fraport AG to Report Nine Months, 2010 Results on 11/04/2010

Fraport AG to Report Q1, 2021 Results on Apr 15, 2021

First half earnings released

Thalita Trading Ltd., Fraport AG (XTRA:FRA), Russian Direct Investment Fund, fund of Russian Direct Investment Fund and other pool of foreign investors completed the acquisition of JSC Pulkovo Cargo Terminal from "Bank "Saint-Petersburg" Public Joint-Stock Company (MISX:BSPB) for $23.2 million.

New 90-day low - €33.84

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age