Mercedes-Benz Group Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Ola Kallenius

Chief executive officer

€6.8m

Total compensation

CEO salary percentage	25.8%
CEO tenure	9.3yrs
CEO ownership	n/a
Management average tenure	7.3yrs
Board average tenure	10yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ola Kallenius's remuneration changed compared to Mercedes-Benz Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	€7m	€2m	€14b
Sep 30 2023	n/a	n/a	€15b
Jun 30 2023	n/a	n/a	€15b
Mar 31 2023	n/a	n/a	€15b
Dec 31 2022	€6m	€2m	€15b
Sep 30 2022	n/a	n/a	€13b
Jun 30 2022	n/a	n/a	€11b
Mar 31 2022	n/a	n/a	€11b
Dec 31 2021	€6m	€2m	€11b
Sep 30 2021	n/a	n/a	€11b
Jun 30 2021	n/a	n/a	€11b
Mar 31 2021	n/a	n/a	€7b
Dec 31 2020	€6m	€1m	€4b
Sep 30 2020	n/a	n/a	€330m
Jun 30 2020	n/a	n/a	€347m
Mar 31 2020	n/a	n/a	€376m
Dec 31 2019	€5m	€1m	€2b
Sep 30 2019	n/a	n/a	€4b
Jun 30 2019	n/a	n/a	€4b
Mar 31 2019	n/a	n/a	€7b
Dec 31 2018	€3m	€832k	€7b
Sep 30 2018	n/a	n/a	€9b
Jun 30 2018	n/a	n/a	€9b
Mar 31 2018	n/a	n/a	€10b
Dec 31 2017	€2m	€812k	€10b

Compensation vs Market: Ola's total compensation ($USD7.31M) is about average for companies of similar size in the Swiss market ($USD7.05M).

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

CEO

Ola Kallenius (54 yo)

9.3yrs

Tenure

€6,849,000

Compensation

Mr. Ola Källenius serves as Non-Executive Director of Sandown Motor Holdings (Pty) Ltd. He has been Chairman of the Board of Management and Chief Executive Officer of Mercedes-Benz Group AG (formerly known...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Ola Kallenius	Chairman of the Management Board & CEO	9.3yrs	€6.85m	no data
Harald Wilhelm	Head of Finance & Controlling and Member of the Management Board	5yrs	€4.07m	no data
Renata Jungo Brungger	Head of Integrity	8.3yrs	€3.46m	no data
Hubertus Troska	Head of Greater China & Member of Management Board	11.3yrs	€3.49m	no data
Markus Schafer	CTO, Development & Purchasing and Member of Management Board	4.9yrs	€3.56m	no data
Britta Seeger	Head of Marketing & Sales and Member of Management Board	7.3yrs	€3.49m	no data
Jorg Burzer	Head of Production	2.3yrs	€3.82m	no data
Sabine Kohleisen	Director of Human Relations & Labor Relations and Member of Management Board	2.3yrs	€3.97m	no data
Steffen Hoffmann	Head of Investor Relations & Treasury	4yrs	no data	no data
Tobias Just	Head of Corporate Communications	no data	no data	no data
Volker Mornhinweg	Head of Mercedes-Benz Vans	14yrs	no data	no data
Jochen Goetz	Chief Financial Officer of Trucks Division	9.1yrs	no data	no data

7.3yrs

Average Tenure

57yo

Average Age

Experienced Management: DAI's management team is seasoned and experienced (7.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Manfred Bischoff	Honorary Chairman of the Supervisory Board	no data	€138.00k	no data
Olaf Koch	Independent Member of the Supervisory Board	2.5yrs	€450.00k	no data
Bernd Pischetsrieder	Independent Chairman of Supervisory Board	10yrs	€600.00k	no data
Frank Weber	Employee Representative Member of Supervisory Board	11yrs	€200.00k	no data
Renate Hornung-Draus	Member of Advisory Board	no data	no data	no data
Kai Bussmann	Member of Advisory Board	no data	no data	no data
Helmut Holzapfel	Member of Advisory Board	no data	no data	no data
Michael Kittner	Member of Advisory Board	no data	no data	no data
Julian Nida-Rümelin	Member of Advisory Board	no data	no data	no data
Pierre Sané	Member of Advisory Board	no data	no data	no data
Sylvia Schenk	Member of Advisory Board	no data	no data	no data
Ergun Lumali	Employee Representative Deputy Chairman of Supervisory Board	no data	€475.00k	no data

10.0yrs

Average Tenure

62yo

Average Age

Experienced Board: DAI's board of directors are seasoned and experienced ( 10 years average tenure).

Mercedes-Benz Group Management

Management criteria checks 4/4

Key information

Recent management updates

Mercedes-Benz Group AG, Annual General Meeting, May 08, 2024

Mercedes-Benz Announces Tom Brennan's Departure from Head of Fleet Role

Mercedes-Benz Group AG Promotes Thomas Klein as Head of Product Management & Sales Mercedes-Benz Passenger Cars & Integrated Production, Sales and Inventory Planning

Mercedes-Benz Group Ag Announces Executive Changes, Effective from April 1, 2023

Mercedes-Benz Group Ag Appoints Francesco Ciancia as Head of Mercedes-Benz Vans Operations

Mercedes-Benz Group AG Appoints Andreas Tetzloff as President and CEO of Mercedes-Benz Canada, Effective October 1, 2022

Recent updates

Mercedes-Benz Group AG Confirms Earnings Guidance for the Year 2024

Now 48% undervalued after recent price drop

Mercedes-Benz and BYD Join Forces, Develop a New Denza Central for BYD's Global Expansion

Investor sentiment deteriorates as stock falls 44%

Now 28% undervalued after recent price drop

Full year 2023 earnings released: EPS: €13.46 (vs €13.56 in FY 2022)

Dividend of €5.30 announced

Now 29% undervalued after recent price drop

Mercedes-Benz Group Ag Provides Earnings Guidance for the Full Year 2024

Now 25% undervalued after recent price drop

Hedin Mobility Group AB (publ) entered into an agreement to acquire Mercedes - Benz FÖRsÄLjnings Ab from Mercedes-Benz Group AG (XTRA:MBG).

Now 45% undervalued after recent price drop

Mercedes-Benz Showcases Class-Defining Digital Tech At Ces 2024

Now 44% undervalued after recent price drop

Burtech Acquisition Corp. (NasdaqGM:BRKH) entered into a definitive agreement to acquire Blaize, Inc. from a group of shareholders.

Investor sentiment deteriorates as stock falls 44%

Now 45% undervalued after recent price drop

Investor sentiment deteriorates as stock falls 44%

Now 48% undervalued after recent price drop

Investor sentiment deteriorates as stock falls 44%

Mercedes-Benz Group AG to Report Fiscal Year 2023 Results on Mar 15, 2024

Now 48% undervalued after recent price drop

Third quarter 2023 earnings released: EPS: €3.44 (vs €3.67 in 3Q 2022)

Mercedes-Benz Group AG Provides Earnings Guidance for the Full Year 2023

Investor sentiment deteriorates as stock falls 44%

Mercedes-Benz Group AG, Annual General Meeting, May 08, 2024

Now 22% undervalued after recent price drop

Mercedes-Benz Announces Tom Brennan's Departure from Head of Fleet Role

Investor sentiment deteriorates as stock falls 44%

Investor sentiment deteriorates as stock falls 44%

Investor sentiment deteriorates as stock falls 44%

Investor sentiment deteriorates as stock falls 44%

Now 35% undervalued after recent price drop

Investor sentiment deteriorates as stock falls 44%

Second quarter 2023 earnings released: EPS: €3.34 (vs €2.90 in 2Q 2022)

Mercedes-Benz Group AG Raises Earnings Guidance for the Full Year 2023

Investor sentiment deteriorates as stock falls 44%

Investor sentiment deteriorates as stock falls 44%

Investor sentiment deteriorates as stock falls 44%

Mercedes-Benz Group AG Promotes Thomas Klein as Head of Product Management & Sales Mercedes-Benz Passenger Cars & Integrated Production, Sales and Inventory Planning

Investor sentiment deteriorates as stock falls 44%

Investor sentiment deteriorates as stock falls 44%

Upcoming dividend of €5.20 per share at 7.4% yield

Investor sentiment improves as stock rises 77%

Investor sentiment deteriorates as stock falls 44%

Investor sentiment deteriorates as stock falls 44%

Full year 2022 earnings released: EPS: €13.55 (vs €9.96 in FY 2021)

Investor sentiment deteriorates as stock falls 44%

Mercedes-Benz Group AG Provides Financial Guidance for 2023

Investor sentiment deteriorates as stock falls 44%

Lieff Cabraser and Corpus Law Patel File Federal Class Action in Georgia Against Mercedes-Benz USA LLC and Daimler AG over Dangerous Subframe Rust and Corrosion in 2010-2022 Model Year Mercedes Vehicles

Mercedes-Benz Group Ag Announces Executive Changes, Effective from April 1, 2023

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Mercedes-Benz Group AG to Report Q2, 2023 Results on Jul 27, 2023

Mercedes-Benz Group AG to Report Q1, 2023 Results on Apr 28, 2023

Now 22% undervalued after recent price drop

Third quarter 2022 earnings released: EPS: €3.66 (vs €1.80 in 3Q 2021)

OAO Avtodom agreed to acquire Mercedes-Benz Manufacturing Rus Ltd from Mercedes-Benz Group AG (XTRA:MBG).

Now 33% undervalued after recent price drop

Mercedes-Benz Group Ag Appoints Francesco Ciancia as Head of Mercedes-Benz Vans Operations

Now 38% undervalued after recent price drop

Now 35% undervalued after recent price drop

Mercedes-Benz Group AG Appoints Andreas Tetzloff as President and CEO of Mercedes-Benz Canada, Effective October 1, 2022

Investor sentiment deteriorated over the past week

Now 34% undervalued after recent price drop

CEO Compensation Analysis