Stratec Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Marcus Wolfinger

Chief executive officer

€1.0m

Total compensation

CEO salary percentage	32.0%
CEO tenure	24.8yrs
CEO ownership	n/a
Management average tenure	13.1yrs
Board average tenure	2.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Marcus Wolfinger's remuneration changed compared to Stratec's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	€12m
Dec 31 2023	€1m	€320k	€13m
Sep 30 2023	n/a	n/a	€12m
Jun 30 2023	n/a	n/a	€19m
Mar 31 2023	n/a	n/a	€19m
Dec 31 2022	€2m	€272k	€29m
Sep 30 2022	n/a	n/a	€28m
Jun 30 2022	n/a	n/a	€27m
Mar 31 2022	n/a	n/a	€40m
Dec 31 2021	€2m	€272k	€40m
Sep 30 2021	n/a	n/a	€46m
Jun 30 2021	n/a	n/a	€41m
Mar 31 2021	n/a	n/a	€35m
Dec 31 2020	€1m	€272k	€28m
Sep 30 2020	n/a	n/a	€24m
Jun 30 2020	n/a	n/a	€21m
Mar 31 2020	n/a	n/a	€17m
Dec 31 2019	€1m	€272k	€14m
Sep 30 2019	n/a	n/a	€14m
Jun 30 2019	n/a	n/a	€14m
Mar 31 2019	n/a	n/a	€11m
Dec 31 2018	€1m	€272k	€11m
Sep 30 2018	n/a	n/a	€16m
Jun 30 2018	n/a	n/a	€23m
Mar 31 2018	n/a	n/a	€24m
Dec 31 2017	€1m	€272k	€27m

Compensation vs Market: Marcus's total compensation ($USD1.07M) is about average for companies of similar size in the German market ($USD1.04M).

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

CEO

Marcus Wolfinger (56 yo)

24.8yrs

Tenure

€1,001,000

Compensation

Mr. Marcus Wolfinger has been Chairman of Management Board and Chief Executive Officer at Stratec SE (formerly known as STRATEC Biomedical AG) since April 01, 2011 and has been its Member of the Management...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Marcus Wolfinger	Chairman of Board of Management & CEO	24.8yrs	€1.00m	no data
Robert Siegle	Director of Finance & Human Resources and Member of Board of Management	13.2yrs	€769.00k	no data
Claus Vielsack	Director of Product Development & Member of Board of Management	10.2yrs	€619.00k	no data
Georg Bauer	Director for Sales & Member of Management Board	1.3yrs	€404.00k	no data
Hermann Leistner	Founder & Advisor	13.1yrs	no data	2.26% € 11.8m
Jan Keppeler	Head of Investor Relations	no data	no data	no data

13.1yrs

Average Tenure

56yo

Average Age

Experienced Management: SBS's management team is seasoned and experienced (13.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Frank Hiller	Independent Deputy Chairman of the Supervisory Board	4.9yrs	€44.00k	no data
Rolf Vornhagen	Independent Member of Supervisory Board	3.8yrs	€32.00k	no data
Georg Heni	Chairman of Supervisory Board	1.9yrs	€57.00k	no data
Patricia Geller	Member of Supervisory Board	1.8yrs	€30.00k	no data

2.8yrs

Average Tenure

61yo

Average Age

Experienced Board: SBS's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.

Stratec Management

Management criteria checks 3/4

Key information

Recent management updates

Stratec SE, Annual General Meeting, May 17, 2023

Stratec SE Announces Executive Changes

Stratec SE, Annual General Meeting, May 20, 2021

Stratec SE Names Stefanie Remmele as New Chairwoman of the Supervisory Board

Recent updates

New major risk - Financial position

First quarter 2024 earnings released: EPS: €0.037 (vs €0.11 in 1Q 2023)

Price target decreased by 13% to €45.50

Full year 2023 earnings: EPS and revenues miss analyst expectations

Dividend of €0.55 announced

Price target decreased by 8.5% to €52.17

Stratec SE to Report Q1, 2024 Results on Apr 26, 2024

Stratec SE to Report Fiscal Year 2023 Results on Mar 21, 2024

Investor sentiment improves as stock rises 20%

New minor risk - Profit margin trend

Third quarter 2023 earnings released: EPS: €0.42 (vs €1.00 in 3Q 2022)

Now 22% undervalued after recent price drop

New major risk - Earnings quality

Second quarter 2023 earnings released: EPS: €0.086 (vs €0.12 in 2Q 2022)

Investor sentiment deteriorates as stock falls 18%

Price target decreased by 19% to €60.67

Stratec SE (XTRA:SBS) signed an agreement to acquire Natech Plastics, Inc. for $30 million.

Stratec SE (XTRA:SBS) signed an agreement to acquire Natech Plastics, Inc. for $30 million.

Upcoming dividend of €0.97 per share at 1.6% yield

Price target decreased by 7.2% to €72.83

Full year 2022 earnings: EPS misses analyst expectations

Price target decreased by 15% to €80.17

Price target decreased by 9.5% to €94.00

Stratec SE, Annual General Meeting, May 17, 2023

Now 22% undervalued after recent price drop

Price target decreased to €102

Second quarter 2022 earnings released: EPS: €0.12 (vs €1.13 in 2Q 2021)

Stratec Se Provides Sales Guidance for 2022

Price target decreased to €112

Price target decreased to €114

Stratec Se Provides Sales Guidance for First and Second Half of 2022

Stratec SE to Report Q2, 2022 Results on Aug 10, 2022

Stratec SE Announces Executive Changes

Upcoming dividend of €0.95 per share

First quarter 2022 earnings: EPS in line with expectations, revenues disappoint

Investor sentiment improved over the past week

Price target decreased to €126

KKR, EQT Reportedly Among Investors Eyeing Stake in Stratec

Now 25% undervalued after recent price drop

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Stratec SE Provides Earnings Guidance for the Year 2022

Investor sentiment deteriorated over the past week

Third quarter 2021 earnings released: EPS €0.92 (vs €0.54 in 3Q 2020)

Price target increased to €147

Second quarter 2021 earnings released: EPS €1.13 (vs €0.64 in 2Q 2020)

Stratec SE Approves Dividend for the Year 2020, Payable on May 26, 2021

Upcoming dividend of €0.90 per share

Stratec SE Confirms Earnings Guidance for the Year 2021

First quarter 2021 earnings released: EPS €0.95 (vs €0.37 in 1Q 2020)

Stratec SE Provides Sales Guidance for the First Quarter of Fiscal Year 2021

Full year 2020 earnings released: EPS €2.36 (vs €1.34 in FY 2019)

New 90-day low: €108

New 90-day high: €135

Price target raised to €129

Stratec SE, Annual General Meeting, May 20, 2021

Stratec SE to Report First Half, 2021 Results on Aug 06, 2021

Stratec SE Names Stefanie Remmele as New Chairwoman of the Supervisory Board

Market pulls back on stock over the past week

Revenue and earnings miss expectations

Third quarter 2020 earnings released: EPS €0.54

New 90-day high: €130

Price target raised to €106

Earnings released

New 90-day high - €109

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age