BASF Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Martin Brudermuller

Chief executive officer

€6.1m

Total compensation

CEO salary percentage	26.2%
CEO tenure	18.3yrs
CEO ownership	n/a
Management average tenure	3.9yrs
Board average tenure	3.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Martin Brudermuller's remuneration changed compared to BASF's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	€31m
Dec 31 2023	€6m	€2m	€225m
Sep 30 2023	n/a	n/a	-€3b
Jun 30 2023	n/a	n/a	-€2b
Mar 31 2023	n/a	n/a	-€286m
Dec 31 2022	€6m	€2m	-€627m
Sep 30 2022	n/a	n/a	€5b
Jun 30 2022	n/a	n/a	€5b
Mar 31 2022	n/a	n/a	€5b
Dec 31 2021	€8m	€2m	€6b
Sep 30 2021	n/a	n/a	€5b
Jun 30 2021	n/a	n/a	€2b
Mar 31 2021	n/a	n/a	-€601m
Dec 31 2020	€3m	€2m	-€1b
Sep 30 2020	n/a	n/a	-€2b
Jun 30 2020	n/a	n/a	€1b
Mar 31 2020	n/a	n/a	€2b
Dec 31 2019	€6m	€2m	€2b
Sep 30 2019	n/a	n/a	€2b
Jun 30 2019	n/a	n/a	€2b
Mar 31 2019	n/a	n/a	€3b
Dec 31 2018	€6m	€1m	€4b
Sep 30 2018	n/a	n/a	€5b
Jun 30 2018	n/a	n/a	€5b
Mar 31 2018	n/a	n/a	€5b
Dec 31 2017	€5m	€1m	€5b

Compensation vs Market: Martin's total compensation ($USD6.53M) is about average for companies of similar size in the German market ($USD5.66M).

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

CEO

Martin Brudermuller (62 yo)

18.3yrs

Tenure

€6,105,000

Compensation

Dr. Martin Brudermuller serves as Independent Director at Accenture plc since January 31, 2024. He serves as Member of Supervisory Board at Mercedes-Benz Group AG (formerly known as Daimler AG) since March...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Martin Brudermuller	Chairman of the Board of Executive Directors & CEO	18.3yrs	€6.11m	no data
Markus Kamieth	CEO & Chairman of the Board of Executive Directors	6.9yrs	€3.80m	no data
Dirk Elvermann	Member of the Board of Executive Directors	1.5yrs	€1.51m	no data
Michael Heinz	Member of the Board of Executive Directors	12.9yrs	€3.54m	no data
Stephan Kothrade	President of Intermediates & Member of the Board of Executive Directors	1.1yrs	€1.63m	no data
Anup Kothari	Member of the Board of Executive Director & President of the Nutrition and Health Division	less than a year	no data	no data
Katja Scharpwinkel	Member of the Board of Executive Director	less than a year	no data	no data
Christian-Matthias Jutzi	Senior VP of Mobile Emissions Catalysts & President of Corporate Finance	less than a year	no data	no data
Stefan Beckmann	Senior VP of Global Process/Enterprise Architecture & Region Europe and Chief Information Officer	6.3yrs	no data	no data
Stefanie Wettberg	Senior Vice President of Investor Relations	7.9yrs	no data	no data
Wolfgang Haas	General Counsel	no data	no data	no data
Nina Schwab-Hautzinger	Head of Corporate Communication & Government Relations	no data	no data	no data

3.9yrs

Average Tenure

53yo

Average Age

Experienced Management: BASA's management team is considered experienced (3.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Alison Carnwath	Independent Shareholder Representative Member of the Supervisory Board	9.9yrs	€312.50k	no data
Kurt Bock	Independent Shareholder Representative Chairman of Supervisory Board	3.8yrs	€550.00k	no data
Michael Vassiliadis	Employee Representative Member of the Supervisory Board	19.7yrs	€275.00k	no data
Stefan Asenkerschbaumer	Independent Shareholder Representative Vice Chairman of the Supervisory Board	2yrs	€316.70k	no data
Liming Chen	Independent Shareholder Representative Member of the Supervisory Board	3.5yrs	€200.00k	no data
Alessandra Genco	Independent Shareholder Representative Member of the Supervisory Board	2yrs	€187.50k	no data
Sinischa Horvat	Independent Employee Representative Vice Chairman of the Supervisory Board	6.9yrs	€325.00k	no data
Tatjana Diether	Independent Employee Representative Member of the Supervisory Board	5.9yrs	€262.50k	no data
Thomas Carell	Independent Shareholder Representative Member of Supervisory Board	4.9yrs	€200.00k	no data
Andre Matta	Independent Employee Representative Member of the Supervisory Board	2yrs	€150.00k	no data
Natalie Muhlenfeld	Independent Employee Representative Member of the Supervisory Board	2yrs	€200.00k	no data
Peter Zaman	Independent Employee Representative Member of the Supervisory Board	2yrs	€200.00k	no data

3.7yrs

Average Tenure

57yo

Average Age

Experienced Board: BASA's board of directors are considered experienced (3.7 years average tenure).

BASF Management

Management criteria checks 4/4

Key information

Recent management updates

BASF SE Announces Management Changes

BASF SE Announces Chief Executive Changes

BASF SE, Annual General Meeting, Apr 27, 2023

BASF SE, Annual General Meeting, Apr 29, 2021

Recent updates

Nanophase Technologies Corporation Announces Successful Litigation Settlement with BASF

BASF SE to Report Fiscal Year 2023 Results on Feb 23, 2024

BASF SE to Report Q1, 2024 Results on Apr 25, 2024

BASF SE Announces Management Changes

BASF SE Announces Chief Executive Changes

BASF Reportedly Aims to Sell Several Units Before Planned CEO Departure

Roosevelt County Water Coop Sues 3M, DuPont, Raytheon, Several Others Over PFAS Contamination

BASF SE Provides Earnings Guidance for the Year 2022

BASF SE to Report Q3, 2023 Results on Oct 31, 2023

Clariant International Ltd completed the acquisition of Attapulgite business assets of BASF SE from BASF SE (XTRA:BAS).

BASF SE Provides Earnings Guidance for Third Quarter of 2022

KaMin LLC acquired Kaolin Minerals Business from BASF SE (XTRA:BAS).

BASF introduces X3D™, A Catalyst Shaping Technology for Optimized Catalyst Performance

Basf Introduces Puricycle® Portfolio of Catalysts and Adsorbents to Enable Plastics Recycling

BASF SE Provides Earnings Guidance for Second Quarter of 2022

BASF SE, Annual General Meeting, Apr 27, 2023

BASF Reportedly Weighs Transferring Wintershall's Russian Assets to Co-Owner

BASF SE Provides Earnings Guidance for First Quarter of 2022

BASF SE (XTRA:BAS) announces an Equity Buyback for €3,000 million worth of its shares.

BASF SE (XTRA:BAS) completed the acquisition of a 49.5% stake in Hollandse Kust Zuid Wind Farm from Vattenfall AB (publ) for €300 million.

BASF SE (XTRA:BAS) entered in an agreement to acquire 49.5% stake in Hollandse Kust Zuid Wind Farm from Vattenfall AB (publ) for approximately €300 million.

One Rock Capital Partners, LLC completed the acquisition of Manufacturing site in Kankakee, Illinois and the associated businesses from BASF SE (XTRA:BAS).

BASF SE, Annual General Meeting, Apr 29, 2021

BASF Collaborates with EDF Energy North America

Aqua Metals, Inc. and BASF Establish Global Partnership

BASB Wins MYR 120.0 Million Contract

BASF SE to Report Q3, 2021 Results on Oct 27, 2021

One Rock Capital Partners, LLC entered into a definitive agreement to acquire Manufacturing site in Kankakee, Illinois and the associated businesses from BASF SE (XTRA:BAS).

BASF and Eramet Partner to Assess the Development of A Nickel-Cobalt Refining Complex to Supply Growing Electric Vehicle Market

BASF Reportedly Considers Selling US Assets for $400 Million

BASF and Billerudkorsnäs Develop a Unique Home-Compostable Paper Laminate for Flexible Packaging

BASF SE (XTRA:BAS) agreed to acquire ASL.

BASF SE to Report Fiscal Year 2020 Results on Feb 26, 2021

Lone Star Fund XI, L.P managed by Lone Star Funds completed the acquisition of Construction Chemicals business of BASF SE (XTRA:BAS).

Lone Star in Talks to Buy BASF Branch

Dietmar Hopp acquired majority stake in Axaron Bioscience AG from BASF AG (DB:BAS).

Bilfinger SE (XTRA:GBF) acquired Three Plant Clusters from BASF SE (XTRA:BAS).

BASF SE (XTRA:BAS) agreed to acquire the remaining 33% stake in BASF Idemitsu Co. Ltd. from Idemitsu Kosan Co.,Ltd. (TSE:5019).

BASF SE (XTRA:BAS) acquired the land, buildings and assets from Sinopec Shanghai Petrochemical Company Limited.

Graines Voltz (ENXTPA:GRVO) completed the acquisition of HILD samen GmbH from BASF SE (XTRA:BAS).

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age