Ceconomy Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Karsten Wildberger

Chief executive officer

€2.5m

Total compensation

CEO salary percentage	54.9%
CEO tenure	3.3yrs
CEO ownership	n/a
Management average tenure	no data
Board average tenure	4.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Karsten Wildberger's remuneration changed compared to Ceconomy's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	€135m
Mar 31 2024	n/a	n/a	€112m
Dec 31 2023	n/a	n/a	-€19m
Sep 30 2023	€2m	€1m	-€39m
Jun 30 2023	n/a	n/a	€15m
Mar 31 2023	n/a	n/a	€104m
Dec 31 2022	n/a	n/a	€131m
Sep 30 2022	€2m	€1m	€126m
Jun 30 2022	n/a	n/a	€48m
Mar 31 2022	n/a	n/a	€77m
Dec 31 2021	n/a	n/a	€191m
Sep 30 2021	€4m	€225k	€222m

Compensation vs Market: Karsten's total compensation ($USD2.60M) is above average for companies of similar size in the German market ($USD1.65M).

Compensation vs Earnings: Karsten's compensation has increased by more than 20% in the past year.

CEO

Karsten Wildberger (55 yo)

3.3yrs

Tenure

€2,459,000

Compensation

Dr. Karsten Wildberger, Ph D., MBA, has been Chief Executive Officer, Chairman & Member of Management Board and Labor Director at Ceconomy AG since August 1, 2021. He had been the Member of Management Boar...

Board Members

Name	Position	Tenure	Compensation	Ownership
Christoph Vilanek	Shareholder Representative Member of the Supervisory Board	5.5yrs	€96.00k	no data
Doreen Huber	Member of Supervisory Board	2.8yrs	€76.00k	no data
Karin Dohm	Shareholder Representative Independent Member of the Supervisory Board	8.8yrs	€140.00k	no data
Thomas Dannenfeldt	Chairman of Supervisory Board	3.8yrs	€210.00k	no data
Jurgen Schulz	Deputy Chairman of Supervisory Board	8.9yrs	€114.00k	no data
Sabine Eckhardt	Supervisory Board Member	4.1yrs	€251.00k	no data
Daniela Eckardt	Member of the Supervisory Board	7.3yrs	€70.00k	no data
Ludwig Glosser	Member of the Supervisory Board	7.3yrs	€105.00k	no data
Sylvia Woelke	Member of the Supervisory Board	7.3yrs	€134.00k	no data
Katrin Adt	Member of the Supervisory Board	3.1yrs	€105.00k	no data
Jurgen Kellerhals	Member of Supervisory Board	2.8yrs	€70.00k	no data
Erich Schuhmacher	Shareholder Representative Member of Supervisory Board	2.3yrs	€70.00k	no data

4.8yrs

Average Tenure

56yo

Average Age

Experienced Board: CEC's board of directors are considered experienced (4.8 years average tenure).

Ceconomy Management

Management criteria checks 1/4

Key information

Recent management updates

Ceconomy Announces Chief Financial Officer Changes

CECONOMY AG Announces Management Changes

Recent updates

Ceconomy AG to Report Q1, 2025 Results on Feb 11, 2025

New minor risk - Share price stability

Investor sentiment improves as stock rises 16%

Third quarter 2024 earnings released: €0.33 loss per share (vs €0.38 loss in 3Q 2023)

New minor risk - Share price stability

Investor sentiment improves as stock rises 19%

Price target increased by 8.3% to €2.46

Second quarter 2024 earnings released: EPS: €0.17 (vs €0.094 loss in 2Q 2023)

First quarter 2024 earnings released: EPS: €0.30 (vs €0.26 in 1Q 2023)

Full year 2023 earnings: EPS misses analyst expectations

Ceconomy AG to Report Fiscal Year 2024 Results on Dec 18, 2024

Investor sentiment improves as stock rises 32%

Ceconomy AG to Report Q3, 2024 Results on Aug 14, 2024

New major risk - Financial position

Third quarter 2023 earnings released

POWER International AS completed the acquisition of MediaMarkt stores in Sweden from Ceconomy AG.

Investor sentiment improves as stock rises 22%

New minor risk - Earnings quality

Price target increased by 9.9% to €2.27

Second quarter 2023 earnings released

Price target increased by 8.8% to €2.07

Now 20% undervalued after recent price drop

Price target increased by 9.8% to €1.99

Investor sentiment deteriorates as stock falls 17%

POWER International AS agreed to acquire MediaMarkt stores in Sweden from Ceconomy AG.

First quarter 2023 earnings released

Ceconomy AG to Report Q3, 2023 Results on Aug 10, 2023

Now 22% undervalued

Investor sentiment improved over the past week

Reliance Retail Ventures Limited agreed to acquire METRO Cash and Carry India Private Limited from Ceconomy AG for INR 28.5 billion.

Price target decreased to €2.09

Full year 2022 earnings released

Ceconomy AG to Report Q1, 2023 Results on Feb 14, 2023

Now 24% undervalued

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Price target decreased to €2.79

Ceconomy Announces Chief Financial Officer Changes

Investor sentiment improved over the past week

Third quarter 2022 earnings released

Investor sentiment deteriorated over the past week

Price target decreased to €3.78

Investor sentiment deteriorated over the past week

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Upcoming dividend of €0.17 per share

Full year 2021 earnings: EPS exceeds analyst expectations

Price target decreased to €4.95

Third quarter 2021 earnings released

CECONOMY AG Updates Outlook for the Fiscal 2021

Chief Executive Officer of Media-Saturn-Holding GmbH Ferran Planet has left the company

Second quarter 2021 earnings released: EPS €0.26 (vs €0.82 loss in 2Q 2020)

Ceconomy AG Suspends Outlook for the Financial Year 2020/21

First quarter 2021 earnings released

Earnings beat expectations, revenue disappoints

Ceconomy AG(XTRA:CEC) dropped from S&P EUROPE 350

New 90-day high: €5.83

Price target raised to €4.89

Full year 2020 earnings released: €0.66 loss per share

Revenue and earnings beat expectations

Ceconomy AG (XTRA:CEC) entered into an agreement to acquire remaining 21.6% stake in Media-Saturn-Holding GmbH from Convergenta Invest GmbH for approximately €780 million.

New 90-day high: €4.45

CECONOMY AG Announces Management Changes

Price target raised to €4.37

New 90-day high: €4.22

Price target raised to €3.98

Ceconomy AG to Report Q1, 2021 Results on Feb 09, 2021

New 90-day high - €4.01

Earnings released

New 90-day high - €3.73

New 90-day high - €3.68

CEO Compensation Analysis

CEO