Evonik Industries Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Christian Kullmann

Chief executive officer

€4.0m

Total compensation

CEO salary percentage34.7%
CEO tenure9.7yrs
CEO ownershipn/a
Management average tenure7.8yrs
Board average tenure5.8yrs

Recent management updates

Recent updates

Is Evonik Industries (ETR:EVK) Weighed On By Its Debt Load?

Feb 15
Is Evonik Industries (ETR:EVK) Weighed On By Its Debt Load?

Why Investors Shouldn't Be Surprised By Evonik Industries AG's (ETR:EVK) P/S

Jan 07
Why Investors Shouldn't Be Surprised By Evonik Industries AG's (ETR:EVK) P/S

Evonik Industries (ETR:EVK) Has A Somewhat Strained Balance Sheet

Nov 05
Evonik Industries (ETR:EVK) Has A Somewhat Strained Balance Sheet

Evonik Industries (ETR:EVK) Has A Somewhat Strained Balance Sheet

Jul 31
Evonik Industries (ETR:EVK) Has A Somewhat Strained Balance Sheet

What Is Evonik Industries AG's (ETR:EVK) Share Price Doing?

Jun 18
What Is Evonik Industries AG's (ETR:EVK) Share Price Doing?

Is Evonik Industries (ETR:EVK) Using Too Much Debt?

Apr 29
Is Evonik Industries (ETR:EVK) Using Too Much Debt?

At €20.87, Is It Time To Put Evonik Industries AG (ETR:EVK) On Your Watch List?

Mar 06
At €20.87, Is It Time To Put Evonik Industries AG (ETR:EVK) On Your Watch List?

Is Evonik Industries (ETR:EVK) Using Too Much Debt?

Jan 29
Is Evonik Industries (ETR:EVK) Using Too Much Debt?

An Intrinsic Calculation For Evonik Industries AG (ETR:EVK) Suggests It's 34% Undervalued

Jan 11
An Intrinsic Calculation For Evonik Industries AG (ETR:EVK) Suggests It's 34% Undervalued

What Is Evonik Industries AG's (ETR:EVK) Share Price Doing?

Dec 02
What Is Evonik Industries AG's (ETR:EVK) Share Price Doing?

Evonik Industries (ETR:EVK) Has A Pretty Healthy Balance Sheet

Oct 13
Evonik Industries (ETR:EVK) Has A Pretty Healthy Balance Sheet

What Does Evonik Industries AG's (ETR:EVK) Share Price Indicate?

Aug 23
What Does Evonik Industries AG's (ETR:EVK) Share Price Indicate?

Is Evonik Industries (ETR:EVK) A Risky Investment?

Jul 15
Is Evonik Industries (ETR:EVK) A Risky Investment?

Should You Investigate Evonik Industries AG (ETR:EVK) At €24.70?

May 10
Should You Investigate Evonik Industries AG (ETR:EVK) At €24.70?

Does Evonik Industries (ETR:EVK) Have A Healthy Balance Sheet?

Apr 01
Does Evonik Industries (ETR:EVK) Have A Healthy Balance Sheet?

At €29.26, Is Evonik Industries AG (ETR:EVK) Worth Looking At Closely?

Feb 03
At €29.26, Is Evonik Industries AG (ETR:EVK) Worth Looking At Closely?

Evonik Industries (ETR:EVK) Has A Pretty Healthy Balance Sheet

Dec 30
Evonik Industries (ETR:EVK) Has A Pretty Healthy Balance Sheet

What Is Evonik Industries AG's (ETR:EVK) Share Price Doing?

Nov 04
What Is Evonik Industries AG's (ETR:EVK) Share Price Doing?

Is Evonik Industries (ETR:EVK) Using Too Much Debt?

Sep 30
Is Evonik Industries (ETR:EVK) Using Too Much Debt?

Is It Too Late To Consider Buying Evonik Industries AG (ETR:EVK)?

Aug 02
Is It Too Late To Consider Buying Evonik Industries AG (ETR:EVK)?

We Think Evonik Industries (ETR:EVK) Is Taking Some Risk With Its Debt

Jul 01
We Think Evonik Industries (ETR:EVK) Is Taking Some Risk With Its Debt

Most Shareholders Will Probably Find That The CEO Compensation For Evonik Industries AG (ETR:EVK) Is Reasonable

May 26
Most Shareholders Will Probably Find That The CEO Compensation For Evonik Industries AG (ETR:EVK) Is Reasonable

Evonik Industries AG's (ETR:EVK) Intrinsic Value Is Potentially 87% Above Its Share Price

May 15
Evonik Industries AG's (ETR:EVK) Intrinsic Value Is Potentially 87% Above Its Share Price

What Is Evonik Industries AG's (ETR:EVK) Share Price Doing?

Apr 11
What Is Evonik Industries AG's (ETR:EVK) Share Price Doing?

Should You Buy Evonik Industries AG (ETR:EVK) For Its Dividend?

Mar 29
Should You Buy Evonik Industries AG (ETR:EVK) For Its Dividend?

Evonik Industries (ETR:EVK) Takes On Some Risk With Its Use Of Debt

Mar 16
Evonik Industries (ETR:EVK) Takes On Some Risk With Its Use Of Debt

Are Institutions Heavily Invested In Evonik Industries AG's (ETR:EVK) Shares?

Mar 01
Are Institutions Heavily Invested In Evonik Industries AG's (ETR:EVK) Shares?

Evonik Industries AG's (ETR:EVK) Stock Going Strong But Fundamentals Look Weak: What Implications Could This Have On The Stock?

Feb 15
Evonik Industries AG's (ETR:EVK) Stock Going Strong But Fundamentals Look Weak: What Implications Could This Have On The Stock?

An Intrinsic Calculation For Evonik Industries AG (ETR:EVK) Suggests It's 49% Undervalued

Jan 31
An Intrinsic Calculation For Evonik Industries AG (ETR:EVK) Suggests It's 49% Undervalued

Evonik Industries'(ETR:EVK) Share Price Is Down 16% Over The Past Three Years.

Jan 17
Evonik Industries'(ETR:EVK) Share Price Is Down 16% Over The Past Three Years.

Should You Think About Buying Evonik Industries AG (ETR:EVK) Now?

Jan 03
Should You Think About Buying Evonik Industries AG (ETR:EVK) Now?

Does It Make Sense To Buy Evonik Industries AG (ETR:EVK) For Its Yield?

Dec 21
Does It Make Sense To Buy Evonik Industries AG (ETR:EVK) For Its Yield?

Is Evonik Industries (ETR:EVK) Using Too Much Debt?

Dec 07
Is Evonik Industries (ETR:EVK) Using Too Much Debt?

Is Evonik Industries AG (ETR:EVK) Popular Amongst Institutions?

Nov 25
Is Evonik Industries AG (ETR:EVK) Popular Amongst Institutions?

CEO Compensation Analysis

How has Christian Kullmann's remuneration changed compared to Evonik Industries's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

-€465m

Sep 30 2023n/an/a

-€604m

Jun 30 2023n/an/a

-€295m

Mar 31 2023n/an/a

€272m

Dec 31 2022€4m€1m

€539m

Sep 30 2022n/an/a

€926m

Jun 30 2022n/an/a

€944m

Mar 31 2022n/an/a

€869m

Dec 31 2021€5m€1m

€748m

Sep 30 2021n/an/a

€724m

Jun 30 2021n/an/a

€642m

Mar 31 2021n/an/a

€546m

Dec 31 2020€5m€1m

€489m

Sep 30 2020n/an/a

€614m

Jun 30 2020n/an/a

€617m

Mar 31 2020n/an/a

€679m

Dec 31 2019€5m€1m

€753m

Sep 30 2019n/an/a

€506m

Jun 30 2019n/an/a

€624m

Mar 31 2019n/an/a

€673m

Dec 31 2018€4m€1m

€686m

Sep 30 2018n/an/a

€841m

Jun 30 2018n/an/a

€797m

Mar 31 2018n/an/a

€788m

Dec 31 2017€4m€1m

€713m

Compensation vs Market: Christian's total compensation ($USD4.37M) is above average for companies of similar size in the German market ($USD3.27M).

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


CEO

Christian Kullmann (54 yo)

9.7yrs

Tenure

€4,035,000

Compensation

Mr. Christian Kullmann has been Chairman of Executive Board and Chief Executive Officer of Evonik Industries AG since May 24, 2017 and May 23, 2017 respectively. He served as Deputy Chairman of the Supervi...


Leadership Team

NamePositionTenureCompensationOwnership
Christian Kullmann
CEO & Chairman of the Executive Board9.7yrs€4.04mno data
Harald Schwager
Deputy Chairman of the Executive Board6.5yrs€3.26mno data
Maike Schuh
CFO & Member of Executive Boardless than a year€1.04mno data
Thomas Wessel
Chief Human Resources Officer12.5yrs€2.22mno data
Wilfried Ostendorf
Head of Production and Technologyno datano datano data
Tim Lange
Head of Investor Relationsno datano datano data
Thomas Mahlstedt
Vice President M&Ano datano datano data
Christian Schmid
Head of Corporate Communications7.8yrsno datano data
Stefan Mack
Head of the Methionine & Derivatives Product Lineno datano datano data
Matthias Ruch
Head of External Communications & Corporate Press Officerno datano datano data
Gaetano Blanda
Head of Business Line Coating Additivesno datano datano data
Lauren Kjeldsen
Head of the Smart Materials Divisionno datano datano data

7.8yrs

Average Tenure

57yo

Average Age

Experienced Management: EVK's management team is seasoned and experienced (7.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Bernd Tönjes
Independent Chairman of the Supervisory Board5.8yrs€398.00kno data
Aldo Belloni
Independent Member of Supervisory Board6.8yrs€180.00kno data
Werner Fuhrmann
Independent Member of Supervisory Board2.8yrs€147.00kno data
Michael Rudiger
Independent Member of Supervisory Board11yrs€237.00kno data
Alexandra Krieger
Employee Representative Member of Supervisory Board1.8yrs€169.00kno data
Angela Titzrath
Independent Member of Supervisory Board7.8yrs€158.00kno data
Barbara Albert
Independent Member of Supervisory Board9.7yrs€137.00kno data
Martin Albers
Employee Representative Member of Supervisory Board8.4yrs€179.00kno data
Martin Kubessa
Employee Representative Member of the Supervisory Board5.8yrs€105.00kno data
Martina Reisch
Employee Representative Member of Supervisory Board4.8yrs€122.00kno data
Hussin El Moussaoui
Employee Representative Member of Supervisory Board4.3yrs€122.00kno data
Alexander Bercht
Deputy Chairman of the Supervisory Boardless than a year€92.00kno data

5.8yrs

Average Tenure

57yo

Average Age

Experienced Board: EVK's board of directors are considered experienced (5.8 years average tenure).


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