Signify Management

Management criteria checks 3/4

Signify's CEO is Eric H. Rondolat, appointed in May 2016, has a tenure of 8.5 years. total yearly compensation is €2.28M, comprised of 43.2% salary and 56.8% bonuses, including company stock and options. directly owns 0.21% of the company’s shares, worth €5.98M. The average tenure of the management team and the board of directors is 1.5 years and 4.5 years respectively.

Key information

Eric H. Rondolat

Chief executive officer

€2.3m

Total compensation

CEO salary percentage43.2%
CEO tenure8.5yrs
CEO ownership0.2%
Management average tenure1.5yrs
Board average tenure4.5yrs

Recent management updates

No updates

Recent updates

CEO Compensation Analysis

How has Eric H. Rondolat's remuneration changed compared to Signify's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

€268m

Jun 30 2024n/an/a

€243m

Mar 31 2024n/an/a

€222m

Dec 31 2023€2m€985k

€203m

Sep 30 2023n/an/a

€231m

Jun 30 2023n/an/a

€257m

Mar 31 2023n/an/a

€462m

Dec 31 2022€2m€947k

€523m

Sep 30 2022n/an/a

€606m

Jun 30 2022n/an/a

€589m

Mar 31 2022n/an/a

€424m

Dec 31 2021€3m€920k

€397m

Sep 30 2021n/an/a

€361m

Jun 30 2021n/an/a

€356m

Mar 31 2021n/an/a

€354m

Dec 31 2020€3m€850k

€325m

Sep 30 2020n/an/a

€287m

Jun 30 2020n/an/a

€275m

Mar 31 2020n/an/a

€248m

Dec 31 2019€3m€871k

€262m

Sep 30 2019n/an/a

€285m

Jun 30 2019n/an/a

€307m

Mar 31 2019n/an/a

€286m

Dec 31 2018€3m€850k

€263m

Sep 30 2018n/an/a

€190m

Jun 30 2018n/an/a

€208m

Mar 31 2018n/an/a

€251m

Dec 31 2017€3m€850k

€294m

Compensation vs Market: Eric H.'s total compensation ($USD2.48M) is about average for companies of similar size in the German market ($USD2.29M).

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


CEO

Eric H. Rondolat (58 yo)

8.5yrs

Tenure

€2,282,804

Compensation

Mr. Eric H. E. Rondolat has been Global Chief Executive Officer and Executive Vice President of Signify North America Corporation (formerly known as Philips Lighting North America Corporation) since March...


Leadership Team

NamePositionTenureCompensationOwnership
Eric H. Rondolat
Chairman of the Board of Management & CEO8.5yrs€2.28m0.21%
€ 6.0m
Harshavardhan Chitale
Member of Board of Management1.5yrs€1.02m0.066%
€ 1.9m
Zeljko Kosanovic
Acting Chief Financial Officerless than a yearno datano data
Thelke Gerdes
Head of Investor Relationsno datano datano data
Kiran Brar
Chief HR Officerno datano datano data
Eran Gorgen
Chief Executive Officer of Eastern Europeno datano datano data

1.5yrs

Average Tenure

Experienced Management: G14's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Arthur P. Van der Poel
Independent Member of Supervisory Board8.8yrs€140.00kno data
Gerard J. van de Aast
Independent Chairman of Supervisory Board7.5yrs€118.00kno data
Jeroen Drost
Member of Supervisory Boardless than a yearno datano data
Rita Lane
Independent Member of Supervisory Board8.8yrs€113.00kno data
Pamela Knapp
Independent Member of Supervisory Board4.5yrs€125.00kno data
Sophie Bechu
Independent Member of Supervisory Board1.5yrs€78.45kno data
Abraham Schot
Independent Member of Supervisory Board2.5yrs€106.00kno data
Frank Lubnau
Independent Member of Supervisory Board4.5yrs€116.58kno data

4.5yrs

Average Tenure

63.5yo

Average Age

Experienced Board: G14's board of directors are considered experienced (4.5 years average tenure).