We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Campine NV's (EBR:CAMB) CEO For Now
Key Insights
- Campine will host its Annual General Meeting on 28th of May
- CEO Wim De Vos' total compensation includes salary of €380.0k
- The overall pay is 35% above the industry average
- Over the past three years, Campine's EPS grew by 18% and over the past three years, the total shareholder return was 299%
Under the guidance of CEO Wim De Vos, Campine NV (EBR:CAMB) has performed reasonably well recently. As shareholders go into the upcoming AGM on 28th of May, CEO compensation will probably not be their focus, but rather the steps management will take to continue the growth momentum. However, some shareholders will still be cautious of paying the CEO excessively.
View our latest analysis for Campine
How Does Total Compensation For Wim De Vos Compare With Other Companies In The Industry?
Our data indicates that Campine NV has a market capitalization of €262m, and total annual CEO compensation was reported as €721k for the year to December 2024. That's a notable increase of 19% on last year. In particular, the salary of €380.0k, makes up a fairly large portion of the total compensation being paid to the CEO.
In comparison with other companies in the Belgium Metals and Mining industry with market capitalizations ranging from €88m to €353m, the reported median CEO total compensation was €533k. Accordingly, our analysis reveals that Campine NV pays Wim De Vos north of the industry median.
| Component | 2024 | 2023 | Proportion (2024) |
| Salary | €380k | €360k | 53% |
| Other | €341k | €248k | 47% |
| Total Compensation | €721k | €608k | 100% |
Talking in terms of the industry, salary represented approximately 58% of total compensation out of all the companies we analyzed, while other remuneration made up 42% of the pie. Campine is largely mirroring the industry average when it comes to the share a salary enjoys in overall compensation. If total compensation veers towards salary, it suggests that the variable portion - which is generally tied to performance, is lower.
Campine NV's Growth
Campine NV's earnings per share (EPS) grew 18% per year over the last three years. Its revenue is up 13% over the last year.
Overall this is a positive result for shareholders, showing that the company has improved in recent years. This sort of respectable year-on-year revenue growth is often seen at a healthy, growing business. While we don't have analyst forecasts for the company, shareholders might want to examine this detailed historical graph of earnings, revenue and cash flow.
Has Campine NV Been A Good Investment?
Most shareholders would probably be pleased with Campine NV for providing a total return of 299% over three years. As a result, some may believe the CEO should be paid more than is normal for companies of similar size.
In Summary...
Given that the company's overall performance has been reasonable, the CEO remuneration policy might not be shareholders' central point of focus in the upcoming AGM. However, any decision to raise CEO pay might be met with some objections from the shareholders given that the CEO is already paid higher than the industry average.
Whatever your view on compensation, you might want to check if insiders are buying or selling Campine shares (free trial).
Important note: Campine is an exciting stock, but we understand investors may be looking for an unencumbered balance sheet and blockbuster returns. You might find something better in this list of interesting companies with high ROE and low debt.
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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.