hGears Management
Management criteria checks 2/4
We currently do not have sufficient information about the CEO.
Key information
Sven Arend
Chief executive officer
€459.0k
Total compensation
| CEO salary percentage | 71.9% |
| CEO tenure | 1.9yrs |
| CEO ownership | 0.3% |
| Management average tenure | no data |
| Board average tenure | 3.6yrs |
Recent management updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | -€16m |
| Mar 31 2024 | n/a | n/a | -€15m |
| Dec 31 2023 | €459k | €330k | -€14m |
Compensation vs Market: Sven's total compensation ($USD480.96K) is about average for companies of similar size in the German market ($USD471.55K).
Compensation vs Earnings: Insufficient data to compare Sven's compensation with company performance.
CEO
Sven Arend (57 yo)
1.9yrs
Tenure
€459,030
Compensation
Mr. Sven Arend serves as Chairman of the Management Board and Chief Executive Officer of hGears AG since February 01, 2023 and its Member of Management Board since December 28, 2022. He serves as Chief Exe...
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Deputy Chairman of the Supervisory Board | 3.6yrs | €52.50k | 0.055% € 10.1k | |
| Independent Member of Supervisory Board | 3.6yrs | €45.00k | 0.038% € 7.0k | |
| Independent Chairman of the Supervisory Board | 3.6yrs | €40.00k | 0.50% € 90.4k | |
| Independent Member of Supervisory Board | 3.6yrs | €30.00k | 0.11% € 20.2k | |
| Independent Member of Supervisory Board | 3.6yrs | €30.00k | 0.037% € 6.7k |
3.6yrs
Average Tenure
62.5yo
Average Age
Experienced Board: HGEA's board of directors are considered experienced (3.6 years average tenure).