Recordati Industria Chimica e Farmaceutica S.p.A.

DB:RER1 Stock Report

Market Cap: €10.5b

Recordati Industria Chimica e Farmaceutica Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Rob Koremans

Chief executive officer

€2.5m

Total compensation

CEO salary percentage23.6%
CEO tenure2.9yrs
CEO ownershipn/a
Management average tenure4.2yrs
Board average tenure5.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Rob Koremans's remuneration changed compared to Recordati Industria Chimica e Farmaceutica's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

€423m

Jun 30 2024n/an/a

€387m

Mar 31 2024n/an/a

€389m

Dec 31 2023€2m€590k

€389m

Sep 30 2023n/an/a

€375m

Jun 30 2023n/an/a

€389m

Mar 31 2023n/an/a

€340m

Dec 31 2022€2m€590k

€312m

Sep 30 2022n/an/a

€331m

Jun 30 2022n/an/a

€330m

Mar 31 2022n/an/a

€393m

Dec 31 2021€154kn/a

€386m

Compensation vs Market: Rob's total compensation ($USD2.64M) is below average for companies of similar size in the German market ($USD4.85M).

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

CEO

Rob Koremans (62 yo)

2.9yrs

Tenure

€2,498,000

Compensation

Dr. Robert Koremans, also known as Rob, M.D. serves as Chief Executive Officer and Director of Recordati Industria Chimica e Farmaceutica S.p.A. since December 1, 2021. Dr. Koremans served as Chief Executi...

Leadership Team

NamePositionTenureCompensationOwnership
Robert Koremans
CEO & Director2.9yrs€2.50mno data
Luigi Felice Corte
Group CFO & Executive Director5yrs€1.23mno data
Cathrin Petty
Executive Directorno datano datano data
Giampiero Mazza
Executive Director5.8yrsno datano data
Giorgio De Palma
Executive Director4.6yrsno datano data
Eugenia Litz
VP & Head of Investor Relationsless than a yearno datano data
Bibianne Bon
Group Chief Legal Officer1.6yrsno datano data
Laura Conti
Group Communications Directorno datano datano data
Gabriele Finzi
Executive VP of Corporate Development8.2yrsno datano data
Alessandra Abate
Group Chief People & Culture Officerless than a yearno datano data
Raffaele Sabia
Chief Medical Officer5.8yrsno datano data
Alberto Martinez
Executive Vice President of Specialty & Primary Care Business Unit3.8yrsno datano data

4.2yrs

Average Tenure

55yo

Average Age

Experienced Management: RER1's management team is considered experienced (4.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Robert Koremans
CEO & Director2.9yrs€2.50mno data
Luigi Felice Corte
Group CFO & Executive Director2.8yrs€1.23mno data
Cathrin Petty
Executive Director5.9yrsno datano data
Giampiero Mazza
Executive Director5.9yrsno datano data
Giorgio De Palma
Executive Director4.6yrsno datano data
Andrea Recordati
Non-Executive Chairman26.6yrs€315.00kno data
Piergiorgio Peluso
Independent Non-Executive Director4.6yrs€80.00kno data
Michaela Castelli
Lead Independent Director10.6yrs€103.00kno data
Elisa Corghi
Independent Director2.8yrs€90.00kno data
Antonio Santi
Chairman of Statutory Auditor Board7.6yrsno datano data
Joanna Le Couilliard
Independent Non-Executive Director5.8yrs€85.00kno data
Guido Guidi
Non-Executive Vice Chairman4.6yrs€90.00kno data

5.2yrs

Average Tenure

54.5yo

Average Age

Experienced Board: RER1's board of directors are considered experienced (5.2 years average tenure).