Knorr-Bremse Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Marc Llistosella Y Bischoff

Chief executive officer

€5.2m

Total compensation

CEO salary percentage	19.2%
CEO tenure	1.3yrs
CEO ownership	n/a
Management average tenure	2.1yrs
Board average tenure	4.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Marc Llistosella Y Bischoff's remuneration changed compared to Knorr-Bremse's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	€5m	€1m	€553m

Compensation vs Market: Marc's total compensation ($USD5.57M) is about average for companies of similar size in the German market ($USD5.57M).

Compensation vs Earnings: Insufficient data to compare Marc's compensation with company performance.

CEO

Marc Llistosella Y Bischoff (55 yo)

1.3yrs

Tenure

€5,202,000

Compensation

Mr. Marc Llistosella Y Bischoff was the President and Chief Executive Officer of Mitsubishi Fuso Truck and Bus Corporation since 2015. He serves as Chief Executive Officer & Chairman of Executive Board at...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Marc Llistosella Y Bischoff	CEO & Chairman of Executive Board	1.3yrs	€5.20m	no data
Frank Weber	CFO & Executive Board Member	3.8yrs	€3.38m	no data
Bernd Spies	Member of Executive Board	2.1yrs	€3.17m	no data
Claudia Mayfeld	Chief Human Resources Officer	2.9yrs	€3.10m	no data
Nicolas Lange	Head of RVS & Member of the Executive Board	less than a year	€1.37m	no data
Andreas Spitzauer	Head of Investor Relations	no data	no data	no data
Alexander Stechert-Mayerhofer	Head of Corporate Communications	no data	no data	no data

2.1yrs

Average Tenure

Experienced Management: KBX's management team is considered experienced (2.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Reinhard Ploss	Chairman of the Supervisory Board	1.9yrs	€486.00k	no data
Werner Ratzisberger	Employee Representative Member of the Supervisory Board	17.4yrs	€151.00k	no data
Theodor Weimer	Independent Deputy Chairman of the Supervisory Board	3.8yrs	€189.00k	no data
Sigrid Nikutta	Member of Supervisory Board	1.9yrs	€136.00k	no data
Kathrin Dahnke	Independent Member of Supervisory Board	5.9yrs	€232.00k	no data
Michael Jell	Employee Representative Member of the Supervisory Board	9.6yrs	€160.00k	no data
Franz-Josef Birkeneder	Employee Representative First Deputy Chairman of the Supervisory Board	8.1yrs	€277.00k	no data
Julia Thiele-Schurhoff	Member of the Supervisory Board	8.1yrs	€149.00k	no data
Annemarie Sedlmair	Employee Representative Member of the Supervisory Board	5yrs	€106.00k	no data
Stefan Sommer	Member of Supervisory Board	2.9yrs	€230.00k	no data
Sylvia Walter	Employee Representative Member of Supervisory Board	2.9yrs	€106.00k	no data
Wolfgang Nirschl	Employee Representative Member of the Supervisory Board	less than a year	€54.00k	no data

4.4yrs

Average Tenure

60yo

Average Age

Experienced Board: KBX's board of directors are considered experienced (4.4 years average tenure).

Knorr-Bremse Management

Management criteria checks 3/4

Key information

Recent management updates

Knorr-Bremse Appoints Marc Llistosella as Chief Executive Officer, Effective January 1, 2023

Knorr-Bremse Aktiengesellschaft Appoints Marc Llistosella as Member and Chairman of the Executive Board

Knorr-Bremse Aktiengesellschaft Approves Directorate Changes

Knorr-Bremse Aktiengesellschaft Approves Directorate Changes

Knorr-Bremse AG Announces Resignation of Thomas Enders from Supervisory Board Member

Knorr-Bremse Aktiengesellschaft, Annual General Meeting, May 20, 2021

Recent updates

Upcoming dividend of €1.64 per share

Now 20% undervalued

Dividend of €1.64 announced

Full year 2023 earnings released: EPS: €3.43 (vs €3.03 in FY 2022)

Now 20% undervalued

Knorr-Bremse AG to Report Q3, 2024 Results on Oct 31, 2024

Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Upcoming dividend of €1.45 per share at 2.3% yield

Full year 2022 earnings: EPS misses analyst expectations

Knorr-Bremse AG to Report Fiscal Year 2022 Final Results on Mar 23, 2023

Now 20% undervalued

Now 22% undervalued

Investor sentiment improved over the past week

Knorr-Bremse Aktiengesellschaft to Report Q1, 2023 Results on May 11, 2023

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Third quarter 2022 earnings released

Knorr-Bremse Appoints Marc Llistosella as Chief Executive Officer, Effective January 1, 2023

Knorr-Bremse Aktiengesellschaft Appoints Marc Llistosella as Member and Chairman of the Executive Board

Knorr-Bremse Aktiengesellschaft (XTRA:KBX) Completed the acquisition of DSB Component Workshops from DSB for €50 million.

Price target decreased to €68.57

Knorr-Bremse Aktiengesellschaft Revises Earnings Guidance for the Year 2022

Second quarter 2022 earnings: EPS misses analyst expectations

Knorr-Bremse Aktiengesellschaft (XTRA:KBX) acquired unknown minority stake in Nexxiot AG for €60 million.

Knorr-Bremse Aktiengesellschaft Approves Directorate Changes

Knorr-Bremse Aktiengesellschaft Approves Directorate Changes

Upcoming dividend of €1.85 per share

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Knorr-Bremse Ag Provides Full Year Guidance for 2022

Knorr-Bremse Aktiengesellschaft (XTRA:KBX) agreed to acquire remaining 20% stake in Knorr-Bremse Systeme für Nutzfahrzeuge GmbH and Knorr-Bremse Commercial Vehicle Systems Japan Ltd for €360 million.

Full year 2021 earnings: EPS exceeds analyst expectations

Investor sentiment deteriorated over the past week

Now 21% undervalued after recent price drop

Full year 2021 earnings: EPS exceeds analyst expectations

Knorr-Bremse Aktiengesellschaft Provides Financial Guidance for the Year 2022

Knorr-Bremse Aktiengesellschaft to Report Q2, 2022 Results on Aug 12, 2022

Knorr-Bremse AG Announces Resignation of Thomas Enders from Supervisory Board Member

Knorr-Bremse Aktiengesellschaft Provides Earnings Outlook for the Year 2025

Third quarter 2021 earnings released: EPS €0.91 (vs €0.82 in 3Q 2020)

Knorr-Bremse Aktiengesellschaft Provides Earnings Guidance for the Year 2021

Second quarter 2021 earnings released: EPS €1.02 (vs €0.64 in 2Q 2020)

Investor sentiment deteriorated over the past week

Knorr Bremse Says Interested in Buying 60% Stake in Hella

Knorr-Bremse Aktiengesellschaft (XTRA:KBX) acquired The Evac Group.

Knorr-Bremse Aktiengesellschaft Approves Dividend for 2020

First quarter 2021 earnings released: EPS €1.05 (vs €0.83 in 1Q 2020)

Knorr-Bremse Aktiengesellschaft Provides Earnings Guidance for the Full Year of 2021

Upcoming dividend of €1.52 per share

Full year 2020 earnings released

Knorr-Bremse Aktiengesellschaft, Annual General Meeting, May 20, 2021

Heinz Hermann Thiele, Deputy Chairman and Honorary Chairman of Knorr-Bremse AG's Supervisory Board, Passed Away

Honorary Chairman of the Supervisory Board Heinz Hermann Thiele has left the company

Knorr-Bremse Aktiengesellschaft to Report Q4, 2020 Results on Mar 31, 2021

New 90-day high: €117

New 90-day high: €117

New 90-day high: €110

Revenue and earnings beat expectations

Third quarter 2020 earnings released: EPS €0.82

Knorr-Bremse AG Appoints Jan Michael Mrosik as Member of the Executive Board and Chairman of the Executive Board

First half earnings released

aamundo Immobilien Gruppe and German insurance group acquired Landmark Building in Heilbronn from Knorr-Bremse Aktiengesellschaft (XTRA:KBX).

New 90-day high - €109

Knorr-Bremse Aktiengesellschaft Announces Resignation of Bernd Eulitz as its CEO, Effective 31 August 2020

Price target raised to €88.77

New 90-day high - €101

CEO Compensation Analysis

CEO

Tenure