Adecco Group Management
Management criteria checks 2/4
Adecco Group's CEO is Denis Machuel, appointed in Jul 2022, has a tenure of 1.92 years. total yearly compensation is €5.30M, comprised of 26.4% salary and 73.6% bonuses, including company stock and options. directly owns 0.005% of the company’s shares, worth €278.82K. The average tenure of the management team and the board of directors is 4.1 years and 9.2 years respectively.
Key information
Denis Machuel
Chief executive officer
€5.3m
Total compensation
| CEO salary percentage | 26.4% |
| CEO tenure | 1.9yrs |
| CEO ownership | 0.005% |
| Management average tenure | 4.1yrs |
| Board average tenure | 9.2yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | €306m |
| Dec 31 2023 | €5m | €1m | €325m |
| Sep 30 2023 | n/a | n/a | €322m |
| Jun 30 2023 | n/a | n/a | €327m |
| Mar 31 2023 | n/a | n/a | €342m |
| Dec 31 2022 | €3m | €766k | €342m |
Compensation vs Market: Denis's total compensation ($USD5.67M) is above average for companies of similar size in the German market ($USD3.43M).
Compensation vs Earnings: Denis's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Denis Machuel (60 yo)
1.9yrs
Tenure
€5,296,791
Compensation
Mr. Denis Machuel serves as an Independent Director at Kyndryl Holdings, Inc. October 2021. Mr. Machuel has served as Chief Executive Officer of The Adecco Group since July 2022. He had been Chief Executiv...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 1.9yrs | €5.30m | 0.0054% € 278.8k | |
| President of Adecco Brand | 8.8yrs | no data | 0.013% € 689.5k | |
| Honorary President | 18.1yrs | €193.84k | 3.93% € 204.1m | |
| Chief Financial Officer | 4.1yrs | no data | 0.011% € 570.6k | |
| Head of Investor Relations | 3.3yrs | no data | no data | |
| Director of Communications | no data | no data | no data | |
| Chief Sales & Marketing Officer | 3.6yrs | no data | 0.0055% € 286.1k | |
| Chief Human Resources Officer | less than a year | no data | no data | |
| Group Head of Financial Planning & Analysis | 3.3yrs | no data | no data | |
| President of Geographic Regions & Regional President of Workforce Solutions Asia Pacific | 6.4yrs | no data | 0.0022% € 116.8k | |
| President of Akkodis | 5.1yrs | no data | 0.00090% € 46.7k | |
| Country Head of UK & Ireland | 6.4yrs | no data | no data |
4.1yrs
Average Tenure
57yo
Average Age
Experienced Management: ADIA's management team is considered experienced (4.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Vice-Chairwoman | 9.2yrs | €512.69k | no data | |
| Independent Director | 13.2yrs | €484.73k | no data | |
| Independent Chairman | 9.2yrs | €1.67m | no data | |
| Independent Director | 3.2yrs | €344.35k | no data | |
| Independent Director | 14.1yrs | €515.59k | no data | |
| Independent Director | 6.2yrs | €515.59k | no data | |
| Independent Director | 1.2yrs | €282.76k | no data |
9.2yrs
Average Tenure
61yo
Average Age
Experienced Board: ADIA's board of directors are considered experienced (9.2 years average tenure).