It May Be Possible That EVN AG's (VIE:EVN) CEO Compensation Could Get Bumped Up

Shareholders will probably not be disappointed by the robust results at EVN AG (VIE:EVN) recently and they will be keeping this in mind as they go into the AGM on 03 February 2022. The focus will probably be on the future strategic initiatives that the board and management will put in place to improve the business rather than executive remuneration when they cast their votes on company resolutions. We have prepared some analysis below and we show why we think CEO compensation looks decent with even the possibility for a raise.

View our latest analysis for EVN

How Does Total Compensation For Stefan Szyszkowitz Compare With Other Companies In The Industry?

At the time of writing, our data shows that EVN AG has a market capitalization of €4.5b, and reported total annual CEO compensation of €633k for the year to September 2021. This means that the compensation hasn't changed much from last year. Notably, the salary which is €434.8k, represents most of the total compensation being paid.

On examining similar-sized companies in the industry with market capitalizations between €3.5b and €11b, we discovered that the median CEO total compensation of that group was €1.9m. This suggests that Stefan Szyszkowitz is paid below the industry median.

Component	2021	2020	Proportion (2021)
Salary	€435k	€427k	69%
Other	€198k	€221k	31%
Total Compensation	€633k	€648k	100%

Speaking on an industry level, nearly 57% of total compensation represents salary, while the remainder of 43% is other remuneration. EVN pays out 69% of remuneration in the form of a salary, significantly higher than the industry average. If total compensation veers towards salary, it suggests that the variable portion - which is generally tied to performance, is lower.

EVN AG's Growth

EVN AG has seen its earnings per share (EPS) increase by 8.5% a year over the past three years. It achieved revenue growth of 14% over the last year.

We would argue that the modest growth in revenue is a notable positive. And the modest growth in EPS isn't bad, either. So while we'd stop just short of calling this a top performer, but we think it is well worth watching. Moving away from current form for a second, it could be important to check this free visual depiction of what analysts expect for the future.

Has EVN AG Been A Good Investment?

Most shareholders would probably be pleased with EVN AG for providing a total return of 92% over three years. This strong performance might mean some shareholders don't mind if the CEO were to be paid more than is normal for a company of its size.

In Summary...

Overall, the company hasn't done too poorly performance-wise, but we would like to see some improvement. If it manages to keep up the current streak, CEO remuneration could well be one of shareholders' least concerns. Rather, investors would more likely want to engage on discussions related to key strategic initiatives and future growth opportunities for the company and set their longer-term expectations.

Shareholders may want to check for free if EVN insiders are buying or selling shares.

Switching gears from EVN, if you're hunting for a pristine balance sheet and premium returns, this free list of high return, low debt companies is a great place to look.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.