LANXESS Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Matthias Zachert

Chief executive officer

€5.1m

Total compensation

CEO salary percentage	27.5%
CEO tenure	10yrs
CEO ownership	n/a
Management average tenure	4.6yrs
Board average tenure	6.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Matthias Zachert's remuneration changed compared to LANXESS's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	-€843m
Sep 30 2023	n/a	n/a	-€280m
Jun 30 2023	n/a	n/a	-€65m
Mar 31 2023	n/a	n/a	€128m
Dec 31 2022	€5m	€1m	€184m
Sep 30 2022	n/a	n/a	€191m
Jun 30 2022	n/a	n/a	€147m
Mar 31 2022	n/a	n/a	€146m
Dec 31 2021	€7m	€1m	€116m
Sep 30 2021	n/a	n/a	€119m
Jun 30 2021	n/a	n/a	€105m
Mar 31 2021	n/a	n/a	€863m
Dec 31 2020	€6m	€1m	€892m
Sep 30 2020	n/a	n/a	€883m
Jun 30 2020	n/a	n/a	€938m
Mar 31 2020	n/a	n/a	€231m
Dec 31 2019	€6m	€1m	€255m
Sep 30 2019	n/a	n/a	€266m
Jun 30 2019	n/a	n/a	€243m
Mar 31 2019	n/a	n/a	€212m
Dec 31 2018	€6m	€1m	€190m
Sep 30 2018	n/a	n/a	€144m
Jun 30 2018	n/a	n/a	€138m
Mar 31 2018	n/a	n/a	€63m
Dec 31 2017	€5m	€1m	€23m

Compensation vs Market: Matthias's total compensation ($USD5.43M) is above average for companies of similar size in the Swiss market ($USD1.71M).

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

CEO

Matthias Zachert (56 yo)

10yrs

Tenure

€5,084,000

Compensation

Mr. Matthias Zachert served as Member of the Advisory Board at NRW BANK until June 28, 2022. He served as the Chairman of Executive Board at Rhein Chemie Rheinau GmbH.Mr. Zachert has been the Chairman of...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Matthias Zachert	CEO & Chairman of the Board of Management	10yrs	€5.08m	no data
Hubert Fink	Member of the Board of Management	8.5yrs	€2.16m	no data
Oliver Stratmann	CFO & Member of the Management Board	less than a year	no data	no data
Frederique van Baarle	Head of the High Performance Materials Business Unit & Member of Board of Management	less than a year	no data	no data
Katja Borghaus	Head of Human Resources	2.8yrs	no data	no data
Marcel Beermann	Head of Procurement & Logistics Group Function	3.8yrs	no data	no data
Jorge Nogueira	Head of Tire & Speciality Rubbers Business Unit	9.3yrs	no data	no data
Wolfgang Schmitz	Managing Director of Saltigo Gmbh	no data	no data	no data
Michael Schaefer	Head of Material Protection Products Business Unit	no data	no data	no data
Stephan Spiegelhauer	Head of the Global Competence Center Paints & Coatings - Inorganic Pigments Business Unit	no data	no data	no data
Thomas Brackemeyer	Head of the Organic Leather Chemicals Business Line	no data	no data	no data
Thomas Duletzki	Head of the Mergers & Acquisitions Group	5.3yrs	no data	no data

4.6yrs

Average Tenure

52.5yo

Average Age

Experienced Management: LXS's management team is considered experienced (4.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Rolf Heinrich Stomberg	Honorary Chairman of Supervisory Board	5.9yrs	€119.94k	no data
Ralf Sikorski	Independent Vice Chairman of Supervisory Board	8.9yrs	€181.50k	no data
Matthias Wolfgruber	Independent Chairman of Supervisory Board	8.9yrs	€261.50k	no data
Lawrence Rosen	Independent Member of Supervisory Board	8.9yrs	€150.00k	no data
Hans Van Bylen	Independent Member of Supervisory Board	3.7yrs	€186.00k	no data
Rainier van Roessel	Member of Supervisory Board	1.9yrs	€82.13k	no data
Pamela Knapp	Independent Member of Supervisory Board	5.9yrs	€180.00k	no data
Heike Hanagarth	Independent Member of Supervisory Board	7.8yrs	€99.04k	no data
Hans-Dieter Gerriets	Independent Member of Supervisory Board	9.8yrs	€140.00k	no data
Manuela Strauch	Independent Member of Supervisory Board	8.8yrs	€141.50k	no data
Birgit Bierther	Independent Member of Supervisory Board	5.3yrs	€141.50k	no data
Armando Dente	Independent Member of the Supervisory Board	3.7yrs	€140.00k	no data

6.8yrs

Average Tenure

64yo

Average Age

Experienced Board: LXS's board of directors are considered experienced (6.8 years average tenure).

LANXESS Management

Management criteria checks 3/4

Key information

Recent management updates

LANXESS Announces Executive Changes

Lanxess Announces Executive Changes

Recent updates

Dividend of €0.10 announced

Full year 2023 earnings released: €9.76 loss per share (vs €2.13 profit in FY 2022)

Lanxess Reportedly Seeks to Sell Polyurethane Ops

New major risk - Revenue and earnings growth

New major risk - Revenue and earnings growth

Third quarter 2023 earnings released: €1.52 loss per share (vs €0.97 profit in 3Q 2022)

LANXESS Aktiengesellschaft Proposes Dividend for the Fiscal Year 2023

LANXESS Aktiengesellschaft to Report Q1, 2024 Results on May 08, 2024

LANXESS Aktiengesellschaft(XTRA:LXS) dropped from FTSE All-World Index (USD)

New major risk - Revenue and earnings growth

New major risk - Revenue and earnings growth

New major risk - Dividend sustainability

Second quarter 2023 earnings released: €1.68 loss per share (vs €0.56 profit in 2Q 2022)

Upcoming dividend of €1.05 per share at 3.0% yield

First quarter 2023 earnings released: EPS: €0.12 (vs €0.76 in 1Q 2022)

Full year 2022 earnings released: EPS: €2.13 (vs €2.54 in FY 2021)

Third quarter 2022 earnings released: EPS: €0.97 (vs €0.46 in 3Q 2021)

Second quarter 2022 earnings released: EPS: €0.56 (vs €0.54 in 2Q 2021)

LANXESS Aktiengesellschaft (XTRA:LXS) completed the acquisition of Microbial Control business unit of International Flavors & Fragrances Inc. (NYSE:IFF).

LANXESS Aktiengesellschaft to Report Q3, 2023 Results on Nov 08, 2023

Advent International Corporation and LANXESS Aktiengesellschaft (XTRA:LXS) agreed to acquire Engineering Materials business of Royal DSM from Koninklijke DSM N.V. (ENXTAM:DSM) for €3.9 billion.

Upcoming dividend of €1.05 per share

First quarter 2022 earnings released: EPS: €1.13 (vs €0.73 in 1Q 2021)

LANXESS Aktiengesellschaft Provides Financial Guidance for the First Quarter of 2022

Full year 2021 earnings: Revenues exceed analyst expectations

LANXESS Announces Executive Changes

Lanxess Reportedly Teams Up with Advent to Bid for DSM's Materials Ops

Second quarter 2021 earnings released: EPS €0.89 (vs €9.32 in 2Q 2020)

TFL Ledertechnik GmbH completed the acquisition of organic leather chemicals business from LANXESS Aktiengesellschaft (XTRA:LXS).

First quarter 2021 earnings released

Upcoming dividend of €1.00 per share

Full year 2020 earnings released: EPS €10.30 (vs €2.89 in FY 2019)

Revenue beats expectations

LANXESS Aktiengesellschaft (XTRA:LXS) completed the acquisition of Intace SAS.

Lanxess Announces Executive Changes

LANXESS Aktiengesellschaft (XTRA:LXS) signed an agreement to acquire Intace SAS.

LANXESS Starts Talks to Acquire Theseo

Suez SA (ENXTPA:SEV) completed the acquisition of reverse osmosis membranes business from LANXESS Aktiengesellschaft (XTRA:LXS).

Lanxess Reportedly to Bid for Emerald Kalama Chemical

Third quarter 2020 earnings released: EPS €0.30

Revenue misses expectations

LANXESS Aktiengesellschaft to Report Q3, 2020 Results on Nov 05, 2020

LANXESS Aktiengesellschaft to Report Q3, 2021 Results on Nov 04, 2021

Earnings released

TFL Ledertechnik GmbH signed an agreement to acquire organic leather chemicals business from LANXESS Aktiengesellschaft (XTRA:LXS) for approximately €200 million.

Funds managed by Macquarie Infrastructure and Real Assets completed the acquisition of remaining 40% stake in Currenta GmbH & Co. OHG from LANXESS Aktiengesellschaft (XTRA:LXS) for €780 million.

Suez SA (ENXTPA:SEV) signed an agreement to purchase reverse osmosis membranes business from LANXESS Aktiengesellschaft (XTRA:LXS).

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age