Wendel Management
Management criteria checks 2/4
Wendel's CEO is Laurent Mignon, appointed in Dec 2022, has a tenure of 2.08 years. total yearly compensation is €5.33M, comprised of 24.4% salary and 75.6% bonuses, including company stock and options. directly owns 0.014% of the company’s shares, worth €559.72K. The average tenure of the management team and the board of directors is 5.1 years and 7.7 years respectively.
Key information
Laurent Mignon
Chief executive officer
€5.3m
Total compensation
| CEO salary percentage | 24.4% |
| CEO tenure | 2.1yrs |
| CEO ownership | 0.01% |
| Management average tenure | 5.1yrs |
| Board average tenure | 7.7yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | -€265m |
| Mar 31 2024 | n/a | n/a | -€104m |
| Dec 31 2023 | €5m | €1m | €58m |
| Sep 30 2023 | n/a | n/a | €133m |
| Jun 30 2023 | n/a | n/a | €209m |
| Mar 31 2023 | n/a | n/a | €113m |
| Dec 31 2022 | €5m | €103k | €17m |
Compensation vs Market: Laurent's total compensation ($USD5.47M) is above average for companies of similar size in the German market ($USD1.89M).
Compensation vs Earnings: Laurent's compensation has increased whilst the company is unprofitable.
CEO
Laurent Mignon (61 yo)
2.1yrs
Tenure
€5,325,262
Compensation
Mr. Laurent Mignon serves as Independent Director of LVMH Moët Hennessy - Louis Vuitton, Société Européenne since April 20, 2023. He serves as Chairman at Bureau Veritas SA from June 22, 2023 and served as...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO & Chairman of the Executive Board | 2.1yrs | €5.33m | 0.014% € 559.7k | |
| MD & Employee Representative Member of Supervisory Board | no data | no data | 0.0053% € 210.0k | |
| Deputy CEO & Member of Executive Board | 5.3yrs | €3.16m | 0.15% € 5.8m | |
| Employee Representative Member of Supervisory Board & Tax Manager | no data | no data | 0.012% € 469.4k | |
| MD & CEO of Wendel North America | no data | no data | no data | |
| Managing Director | no data | no data | no data | |
| Chief Financial Officer | 1.7yrs | no data | no data | |
| Director of Human & Operational Resources | 4.8yrs | no data | no data | |
| Director of Financial Communication & Data Intelligence and Investor Relations | 18yrs | no data | no data | |
| General Counsel | 13.6yrs | no data | no data | |
| Director of Communications & Sustainable Development and Advisor to the Executive Board | 13.3yrs | no data | no data | |
| Executive Vice-President Strategy and Corporate Development | 1.5yrs | no data | no data |
5.1yrs
Average Tenure
51yo
Average Age
Experienced Management: WIS's management team is seasoned and experienced (5.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Employee Representative Member of Supervisory Board | 4yrs | no data | 0.0053% € 210.0k | |
| Employee Representative Member of Supervisory Board & Tax Manager | 6.3yrs | no data | 0.012% € 469.4k | |
| Chairman of the Supervisory Board | 7.7yrs | €360.00k | 0.0021% € 84.7k | |
| Independent Member of Supervisory Board | 6.7yrs | €70.00k | 0.0012% € 46.9k | |
| Member of Supervisory Board | 19.7yrs | €75.42k | 0.0071% € 280.9k | |
| Chairman of Materis Paints | no data | no data | no data | |
| Member of Supervisory Board | 4.5yrs | €80.00k | 0.0012% € 46.9k | |
| Independent Member of the Supervisory Board | 2.6yrs | €98.23k | 0.0047% € 187.4k | |
| Independent Vice-Chairman & Lead Member of the Supervisory Board | 9.6yrs | €145.00k | 0.0012% € 46.9k | |
| Member of Supervisory Board | 13.7yrs | €80.00k | 0.53% € 21.1m | |
| Member of Supervisory Board | 11.7yrs | €80.00k | 0.0025% € 99.1k | |
| Member of Supervisory Board | 11.7yrs | €110.00k | 0.34% € 13.5m |
7.7yrs
Average Tenure
65.5yo
Average Age
Experienced Board: WIS's board of directors are considered experienced (7.7 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 12:21 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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 |
| |
| 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
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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
Wendel is covered by 15 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.
| Analyst | Institution |
|---|---|
| Pierre-Yves Gauthier | AlphaValue |
| Grégoire Hermann | Berenberg |
| Mourad Lahmidi | BNP Paribas Exane |