Evonik Industries AG

XTRA:EVK Stock Report

Market Cap: €7.7b

Evonik Industries Management

Management criteria checks 4/4

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 tenure10.4yrs
CEO ownershipn/a
Management average tenure8.6yrs
Board average tenure6.6yrs

Recent management updates

Recent updates

We Think Evonik Industries (ETR:EVK) Can Stay On Top Of Its Debt

Dec 18
We Think Evonik Industries (ETR:EVK) Can Stay On Top Of Its Debt

We Like Evonik Industries' (ETR:EVK) Earnings For More Than Just Statutory Profit

Nov 14
We Like Evonik Industries' (ETR:EVK) Earnings For More Than Just Statutory Profit

Is Evonik Industries AG (ETR:EVK) Trading At A 45% Discount?

Oct 22
Is Evonik Industries AG (ETR:EVK) Trading At A 45% Discount?

Some Confidence Is Lacking In Evonik Industries AG's (ETR:EVK) P/S

Aug 25
Some Confidence Is Lacking In Evonik Industries AG's (ETR:EVK) P/S

Is There An Opportunity With Evonik Industries AG's (ETR:EVK) 42% Undervaluation?

Jul 20
Is There An Opportunity With Evonik Industries AG's (ETR:EVK) 42% Undervaluation?

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

Jul 02
Does Evonik Industries (ETR:EVK) Have A Healthy Balance Sheet?

Evonik Industries (ETR:EVK) Could Be Struggling To Allocate Capital

May 29
Evonik Industries (ETR:EVK) Could Be Struggling To Allocate Capital

Evonik Industries AG Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

May 11
Evonik Industries AG Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Evonik Industries AG's (ETR:EVK) Share Price Could Signal Some Risk

Apr 29
Evonik Industries AG's (ETR:EVK) Share Price Could Signal Some Risk

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

CEO Compensation Analysis

How has Christian Kullmann's remuneration changed compared to Evonik Industries's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

€229m

Jun 30 2024n/an/a

-€90m

Mar 31 2024n/an/a

-€356m

Dec 31 2023€4m€1m

-€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 ($USD4.21M) is about average for companies of similar size in the German market ($USD3.34M).

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

CEO

Christian Kullmann (55 yo)

10.4yrs

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 Board10.4yrs€4.04mno data
Harald Schwager
Deputy Chairman of the Executive Board7.3yrs€3.26mno data
Maike Schuh
CFO & Member of Executive Board1.7yrs€1.04mno data
Thomas Wessel
Chief Human Resources Officer13.3yrs€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 Communications8.6yrsno 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

8.6yrs

Average Tenure

58yo

Average Age

Experienced Management: EVK's management team is seasoned and experienced (8.6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Bernd Tönjes
Independent Chairman of the Supervisory Board6.6yrs€398.00kno data
Aldo Belloni
Shareholder Representative Member of Supervisory Board7.6yrs€180.00kno data
Werner Fuhrmann
Independent Member of Supervisory Board3.5yrs€147.00kno data
Michael Rudiger
Independent Member of Supervisory Board11.8yrs€237.00kno data
Alexandra Krieger
Employee Representative Member of Supervisory Board2.6yrs€169.00kno data
Angela Titzrath
Independent Member of Supervisory Board8.6yrs€158.00kno data
Barbara Albert
Independent Member of Supervisory Board10.4yrs€137.00kno data
Martin Albers
Employee Representative Member of Supervisory Board9.2yrs€179.00kno data
Martin Kubessa
Employee Representative Member of the Supervisory Board6.6yrs€105.00kno data
Martina Reisch
Employee Representative Member of Supervisory Board5.6yrs€122.00kno data
Hussin El Moussaoui
Employee Representative Member of Supervisory Board5yrs€122.00kno data
Alexander Bercht
Employee Representative Deputy Chairman of the Supervisory Board1.3yrs€92.00kno data

6.6yrs

Average Tenure

58yo

Average Age

Experienced Board: EVK's board of directors are considered experienced (6.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 16:53
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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 .

Analyst Sources

Evonik Industries AG is covered by 34 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Heiko FeberBankhaus Lampe KG
Anil ShenoyBarclays
Andreas HeineBarclays