Zehnder Group AG

DB:ZEH2 Stock Report

Market Cap: €675.3m

Zehnder Group Management

Management criteria checks 4/4

Zehnder Group's CEO is Matthias Huenerwadel, appointed in Nov 2018, has a tenure of 6.5 years. total yearly compensation is €1.43M, comprised of 40.3% salary and 59.7% bonuses, including company stock and options. directly owns 0.36% of the company’s shares, worth €2.45M. The average tenure of the management team and the board of directors is 5.5 years and 9.3 years respectively.

Key information

Matthias Huenerwadel

Chief executive officer

€1.4m

Total compensation

CEO salary percentage40.3%
CEO tenure6.5yrs
CEO ownership0.4%
Management average tenure5.5yrs
Board average tenure9.3yrs

Recent management updates

No updates

Recent updates

No updates

CEO Compensation Analysis

How has Matthias Huenerwadel's remuneration changed compared to Zehnder Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024€1m€575k

€2m

Sep 30 2024n/an/a

€12m

Jun 30 2024n/an/a

€23m

Mar 31 2024n/an/a

€33m

Dec 31 2023€1m€580k

€43m

Sep 30 2023n/an/a

€49m

Jun 30 2023n/an/a

€54m

Mar 31 2023n/an/a

€55m

Dec 31 2022€1m€533k

€55m

Sep 30 2022n/an/a

€56m

Jun 30 2022n/an/a

€56m

Mar 31 2022n/an/a

€58m

Dec 31 2021€1m€496k

€60m

Sep 30 2021n/an/a

€59m

Jun 30 2021n/an/a

€59m

Mar 31 2021n/an/a

€49m

Dec 31 2020€1m€439k

€39m

Sep 30 2020n/an/a

€35m

Jun 30 2020n/an/a

€30m

Mar 31 2020n/an/a

€31m

Dec 31 2019€1m€461k

€31m

Compensation vs Market: Matthias's total compensation ($USD1.61M) is about average for companies of similar size in the German market ($USD1.33M).

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

CEO

Matthias Huenerwadel (56 yo)

6.5yrs

Tenure

€1,427,077

Compensation

Mr. Matthias P. Huenerwadel has been the Chairman of the Group Executive Committee and Chief Executive Officer of Zehnder Group AG since January 1, 2019 and November 12, 2018 respectively. Mr. Huenerwadel...

Leadership Team

NamePositionTenureCompensationOwnership
Matthias Huenerwadel
Chairman of the Group Executive Committee & CEO6.5yrs€1.43m0.36%
€ 2.5m
René Grieder
Chief Financial Officer9.8yrsno data0.31%
€ 2.1m
Thomas Mathys
Head of Group Financeno datano datano data
Josef Brügger
Head of Internal Auditno datano datano data
Ulrich Peuckert
Head of Group Logisticsno datano datano data
Johannes Bollmann
Chief Operating Officer of Ventilation EMEA6.1yrsno data0.077%
€ 520.0k
Jörg Metzger
Chief Operating Officer of Radiators EMEA5yrsno data0.047%
€ 320.2k
Dorien Terpstra
Chief Commercial Officer of EMEA1.3yrsno datano data
Valentina Dufresne
President North Americaless than a yearno datano data

5.5yrs

Average Tenure

53yo

Average Age

Experienced Management: ZEH2's management team is seasoned and experienced (5.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Riet Cadonau
Independent Non-Executive Director12.1yrs€174.53k0.12%
€ 790.7k
Hans-Peter Zehnder
Non-Executive Chairman of the Board of Directors37.3yrs€508.91k2.02%
€ 13.6m
Ivo Wechsler
Non-Executive Director6.2yrs€146.37k0.040%
€ 271.5k
Urs Buchmann
Independent Non-Executive Director15.3yrs€140.09k0.20%
€ 1.3m
Jörg Walther
Vice Chairman & Lead Independent Director9.3yrs€271.36k0.11%
€ 773.2k
Milva Inderbitzin-Zehnder
Non-Independent Director9.3yrs€146.37k0.084%
€ 566.2k
Sandra Emme
Independent Non-Executive Director3.1yrs€146.37k0.0081%
€ 54.6k

9.3yrs

Average Tenure

63yo

Average Age

Experienced Board: ZEH2's board of directors are considered experienced (9.3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/09 12:23
End of Day Share Price 2025/05/09 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

Analysis Model and Snowflake

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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 Github.

Analyst Sources

Zehnder Group AG is covered by 11 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Patrick AppenzellerBaader Helvea Equity Research
Carla BänzigerBank Vontobel AG
Michael HeiderBerenberg