MTU Aero Engines AG

BST:MTX1 Stock Report

Market Cap: €17.3b

MTU Aero Engines Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Lars Wagner

Chief executive officer

€3.0m

Total compensation

CEO salary percentage33.0%
CEO tenure6.8yrs
CEO ownershipn/a
Management average tenure6.8yrs
Board average tenure2.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Lars Wagner's remuneration changed compared to MTU Aero Engines's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

€709m

Jun 30 2024n/an/a

-€72m

Mar 31 2024n/an/a

-€110m

Dec 31 2023€3m€1m

-€102m

Sep 30 2023n/an/a

-€193m

Jun 30 2023n/an/a

€467m

Mar 31 2023n/an/a

€412m

Dec 31 2022€2m€600k

€331m

Sep 30 2022n/an/a

€244m

Jun 30 2022n/an/a

€240m

Mar 31 2022n/an/a

€226m

Dec 31 2021€2m€525k

€222m

Sep 30 2021n/an/a

€188m

Jun 30 2021n/an/a

€118m

Mar 31 2021n/an/a

€76m

Dec 31 2020€2m€525k

€139m

Sep 30 2020n/an/a

€264m

Jun 30 2020n/an/a

€376m

Mar 31 2020n/an/a

€463m

Dec 31 2019€2m€525k

€478m

Sep 30 2019n/an/a

€465m

Jun 30 2019n/an/a

€455m

Mar 31 2019n/an/a

€468m

Dec 31 2018€1m€360k

€447m

Compensation vs Market: Lars's total compensation ($USD3.21M) is below average for companies of similar size in the German market ($USD4.85M).

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

CEO

Lars Wagner (49 yo)

6.8yrs

Tenure

€3,032,632

Compensation

Mr. Lars Wagner serves as Member of the Executive Board at MTU Aero Engines AG since January 1, 2018 and served as Chief Operating Officer since January 1, 2018 until January 31, 2023 and serves as its Chi...

Leadership Team

NamePositionTenureCompensationOwnership
Lars Wagner
CEO, Chief Sustainability Officer & Member of Executive Board6.8yrs€3.03mno data
Peter Kameritsch
CFO, Chief Information Officer & Member of the Executive Board6.8yrs€1.58mno data
Michael Schreyogg
Chief Program Officer & Member of the Executive Board11.3yrs€1.60mno data
Silke Maurer
COO & Member of Executive Board1.8yrs€1.69mno data
Thomas Franz
Vice President of Investor Relationsno datano datano data
Marc Sauber
Senior Vice President of Corporate Communication & Public Affairsno datano datano data

6.8yrs

Average Tenure

53.5yo

Average Age

Experienced Management: MTX1's management team is seasoned and experienced (6.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Gordon Riske
Chairman of the Supervisory Board2.5yrs€363.00kno data
Rainer Martens
Member of Supervisory Board3.8yrs€104.00kno data
Josef Mailer
Employee Representative Deputy Chairman of the Supervisory Board9.1yrs€199.00kno data
Marion Weissenberger-Eibl
Member of Supervisory Board11.5yrs€104.00kno data
Christine Bortenlanger
Member of Supervisory Board6.6yrs€136.00kno data
Johannes Bussmann
Member of the Supervisory Boardless than a yearno datano data
Ute Wolf
Member of Supervisory Board1.5yrs€69.11kno data
Anita Heimerl
Employee Representative Member of Supervisory Board6.3yrs€104.00kno data
Daniele Frijia
Employee Representative Member of Supervisory Board2.3yrs€124.00kno data
Claudia Sowa-Frank
Employee Representative Member of Supervisory Board1.5yrs€84.89kno data
Kai Eisenblatter
Employee Representative Member of Supervisory Board1.5yrs€69.11kno data
Marc Haltrich
Member of Supervisory Board1.5yrs€69.11kno data

2.4yrs

Average Tenure

58yo

Average Age

Experienced Board: MTX1's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.