Varta Management
Management criteria checks 0/4
We currently do not have sufficient information about the CEO.
Key information
Michael Ostermann
Chief executive officer
n/a
Total compensation
CEO salary percentage | n/a |
CEO tenure | less than a year |
CEO ownership | n/a |
Management average tenure | 1.6yrs |
Board average tenure | 1.3yrs |
Recent management updates
Recent updates
Investors Don't See Light At End Of Varta AG's (ETR:VAR1) Tunnel And Push Stock Down 34%
Apr 13Is Varta AG (ETR:VAR1) Potentially Undervalued?
Mar 18Varta AG's (ETR:VAR1) Intrinsic Value Is Potentially 40% Above Its Share Price
Feb 24Varta AG's (ETR:VAR1) Business Is Trailing The Industry But Its Shares Aren't
Feb 02Is Varta (ETR:VAR1) Using Debt In A Risky Way?
Dec 21Is Now The Time To Look At Buying Varta AG (ETR:VAR1)?
Nov 14Health Check: How Prudently Does Varta (ETR:VAR1) Use Debt?
Sep 20A Look At The Fair Value Of Varta AG (ETR:VAR1)
Aug 20Is It Time To Consider Buying Varta AG (ETR:VAR1)?
Jul 30Varta (ETR:VAR1) Will Be Hoping To Turn Its Returns On Capital Around
Mar 31Is There Now An Opportunity In Varta AG (ETR:VAR1)?
Feb 02Varta (ETR:VAR1) Is Reinvesting At Lower Rates Of Return
Dec 16Is Now The Time To Look At Buying Varta AG (ETR:VAR1)?
Oct 11Varta (ETR:VAR1) Is Reinvesting At Lower Rates Of Return
Sep 05At €79.80, Is It Time To Put Varta AG (ETR:VAR1) On Your Watch List?
Jul 05Investors Met With Slowing Returns on Capital At Varta (ETR:VAR1)
May 24What Is Varta AG's (ETR:VAR1) Share Price Doing?
Mar 25Here's What Varta's (ETR:VAR1) Strong Returns On Capital Mean
Feb 14What Is Varta AG's (ETR:VAR1) Share Price Doing?
Dec 23Why You Should Care About Varta's (ETR:VAR1) Strong Returns On Capital
Nov 16Should You Think About Buying Varta AG (ETR:VAR1) Now?
Sep 24Varta AG's (ETR:VAR1) Intrinsic Value Is Potentially 76% Above Its Share Price
Sep 05Varta (ETR:VAR1) Is Achieving High Returns On Its Capital
Aug 05Is There An Opportunity With Varta AG's (ETR:VAR1) 37% Undervaluation?
Jun 01Is Now The Time To Look At Buying Varta AG (ETR:VAR1)?
May 12Is Weakness In Varta AG (ETR:VAR1) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?
Mar 11Is Varta AG (ETR:VAR1) Trading At A 39% Discount?
Feb 24Many Would Be Jealous Of Varta's (ETR:VAR1) Returns On Capital
Feb 09CEO
Michael Ostermann (59 yo)
less than a year
Tenure
Mr. Michael Ostermann is CEO & Member of Executive Board of Varta AG from 2024. Mr. Ostermann was Chief Executive Officer of Varta AG from October 2024 to 2024. Mr. Ostermann was Chairman of Executive Boar...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Owner & Chairman of Supervisory Board | no data | €138.00k | no data | |
Chairman of Management Board | less than a year | €468.00k | no data | |
CTO & Member of Management Board | 3yrs | €548.00k | no data | |
CEO & Member of Executive Board | less than a year | no data | no data | |
CFO & Member of Management Board | 1.7yrs | no data | no data | |
Member of Management Board & Chief Restructuring Officer | 1.6yrs | no data | no data |
1.6yrs
Average Tenure
55.5yo
Average Age
Experienced Management: VAR1's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Owner & Chairman of Supervisory Board | 8.4yrs | €138.00k | no data | |
Member of the Supervisory Board | 8.8yrs | €63.00k | no data | |
Member of the Supervisory Board | 3.6yrs | €55.00k | no data | |
Member of the Supervisory Board | 1.5yrs | no data | no data | |
Member of the Supervisory Board | 5.7yrs | €70.00k | no data | |
Member of Supervisory Board | 8.8yrs | €90.00k | no data | |
Employee Representative Member of the Supervisory Board | less than a year | no data | no data | |
Employee Representative Vice Chairman of the Supervisory Board | less than a year | no data | no data | |
Employee Representative Member of the Supervisory Board | less than a year | no data | no data | |
Employee Representative Member of the Supervisory Board | less than a year | no data | no data | |
Employee Representative Member of the Supervisory Board | less than a year | no data | no data | |
Employee Representative Member of the Supervisory Board | less than a year | no data | no data |
1.3yrs
Average Tenure
54yo
Average Age
Experienced Board: VAR1's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2025/01/10 18:44 |
End of Day Share Price | 2025/01/10 00:00 |
Earnings | 2023/09/30 |
Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package | Data | Timeframe | Example US Source * |
---|---|---|---|
Company Financials | 10 years |
| |
Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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Ownership | 10 years |
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Management | 10 years |
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Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Varta AG is covered by 13 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst | Institution |
---|---|
Yasmin Steilen | Berenberg |
Gerhard Orgonas | Berenberg |
Christopher Ferrara | BofA Global Research |