CureVac Management
Management criteria checks 4/4
CureVac's CEO is Alexander Zehnder, appointed in Apr 2023, has a tenure of 2.08 years. total yearly compensation is €929.70K, comprised of 64.5% salary and 35.5% bonuses, including company stock and options. directly owns 0.013% of the company’s shares, worth €87.14K. The average tenure of the management team and the board of directors is 2.2 years and 9.2 years respectively.
Key information
Alexander Zehnder
Chief executive officer
€929.7k
Total compensation
| CEO salary percentage | 64.5% |
| CEO tenure | 2.1yrs |
| CEO ownership | 0.01% |
| Management average tenure | 2.2yrs |
| Board average tenure | 9.2yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2024 | €930k | €600k | €162m |
| Sep 30 2024 | n/a | n/a | -€77m |
| Jun 30 2024 | n/a | n/a | -€278m |
| Mar 31 2024 | n/a | n/a | -€273m |
| Dec 31 2023 | €978k | €500k | -€260m |
Compensation vs Market: Alexander's total compensation ($USD1.05M) is about average for companies of similar size in the German market ($USD1.35M).
Compensation vs Earnings: Alexander's compensation has been consistent with company performance over the past year.
CEO
Alexander Zehnder (53 yo)
2.1yrs
Tenure
€929,699
Compensation
Dr. Alexander Zehnder, M.D, MBA, is Chief Executive Officer at CureVac N.V. since April 01, 2023 and is its Managing Director since March 2023 and serves as its Member of Management Board since 2023. He se...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Member of Management Board | 2.1yrs | €929.70k | 0.013% € 87.1k | |
| CFO & Member of Executive Board | less than a year | €486.66k | no data | |
| COO, Member of Management Board & MD | 3.8yrs | €540.75k | 0.015% € 99.6k | |
| Chief Scientific Officer | 2.3yrs | €605.48k | 0.0097% € 64.7k | |
| Chief Business Officer & Member of Executive Board | 1.3yrs | €586.63k | no data | |
| Vice President Corporate Communications & Investor Relations | no data | no data | no data | |
| General Counsel | no data | no data | no data | |
| Head of Human Resources | no data | no data | no data | |
| Senior VP & Area Head of Oncology | 2.3yrs | €284.15k | no data | |
| Senior Vice President of Technology | no data | no data | no data | |
| Senior Vice President of Science & Innovation | no data | no data | no data | |
| Head of Intellectual Property | no data | no data | no data |
2.2yrs
Average Tenure
55yo
Average Age
Experienced Management: 5CV's management team is considered experienced (2.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Scientific Director of Immunology and Member of Scientific Advisory Board | no data | no data | no data | |
| Supervisory Board Member | 5.9yrs | €96.25k | 0.012% € 82.5k | |
| Member of Scientific Advisory Board | 9.2yrs | no data | no data | |
| Independent Director of Supervisory Board | 1.9yrs | €96.25k | 0.0088% € 58.7k | |
| Independent Chairman of Supervisory Board | 9.8yrs | €123.75k | 0.018% € 120.3k | |
| Member of Scientific Advisory Board | 9.2yrs | no data | no data | |
| Member of Scientific Advisory Board | 9.2yrs | no data | no data | |
| Member of Scientific Advisory Board | 9.2yrs | no data | no data | |
| Member of Scientific Advisory Board | 9.2yrs | no data | no data | |
| Supervisory Board Member | 9.8yrs | €96.25k | 0.013% € 87.1k | |
| Member of Scientific Advisory Board | 9.2yrs | no data | no data | |
| Member of Scientific Advisory Board | 9.2yrs | no data | no data |
9.2yrs
Average Tenure
64yo
Average Age
Experienced Board: 5CV's board of directors are considered experienced (9.2 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/07 06:35 |
| End of Day Share Price | 2025/05/07 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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 |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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.
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 Github.
Analyst Sources
CureVac N.V. is covered by 9 analysts. 6 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 |
|---|---|
| Alec Stranahan | BofA Global Research |
| Douglas Buchanan | Citizens JMP Securities, LLC |
| Martin Auster | Credit Suisse |