Gigaset Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Magnus Ekerot

Chief executive officer

€355.3k

Total compensation

CEO salary percentage16.4%
CEO tenure1.1yrs
CEO ownershipn/a
Management average tenureno data
Board average tenureless than a year

Recent management updates

Recent updates

Gigaset (ETR:GGS) Has Some Difficulty Using Its Capital Effectively

Aug 01
Gigaset (ETR:GGS) Has Some Difficulty Using Its Capital Effectively

Here's Why Gigaset (ETR:GGS) Is Weighed Down By Its Debt Load

Jul 04
Here's Why Gigaset (ETR:GGS) Is Weighed Down By Its Debt Load

Is Gigaset (ETR:GGS) Using Too Much Debt?

Mar 22
Is Gigaset (ETR:GGS) Using Too Much Debt?

Does Gigaset (ETR:GGS) Have A Healthy Balance Sheet?

Nov 03
Does Gigaset (ETR:GGS) Have A Healthy Balance Sheet?

Why Gigaset AG (ETR:GGS) Could Be Worth Watching

Oct 05
Why Gigaset AG (ETR:GGS) Could Be Worth Watching

Here's What's Concerning About Gigaset's (ETR:GGS) Returns On Capital

Sep 08
Here's What's Concerning About Gigaset's (ETR:GGS) Returns On Capital

Gigaset (ETR:GGS) Seems To Be Using A Lot Of Debt

Jul 07
Gigaset (ETR:GGS) Seems To Be Using A Lot Of Debt

Gigaset (ETR:GGS) Seems To Be Using A Lot Of Debt

Mar 07
Gigaset (ETR:GGS) Seems To Be Using A Lot Of Debt

Gigaset (ETR:GGS) Has Debt But No Earnings; Should You Worry?

Sep 16
Gigaset (ETR:GGS) Has Debt But No Earnings; Should You Worry?

Is Gigaset (ETR:GGS) Using Debt Sensibly?

May 15
Is Gigaset (ETR:GGS) Using Debt Sensibly?

If You Had Bought Gigaset's (ETR:GGS) Shares Three Years Ago You Would Be Down 57%

Jan 30
If You Had Bought Gigaset's (ETR:GGS) Shares Three Years Ago You Would Be Down 57%

CEO Compensation Analysis

How has Magnus Ekerot's remuneration changed compared to Gigaset's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2023n/an/a

-€12m

Mar 31 2023n/an/a

-€6m

Dec 31 2022€355k€58k

-€6m

Compensation vs Market: Magnus's total compensation ($USD391.33K) is about average for companies of similar size in the German market ($USD427.19K).

Compensation vs Earnings: Insufficient data to compare Magnus's compensation with company performance.


CEO

Magnus Ekerot (55 yo)

1.1yrs

Tenure

€355,331

Compensation

Dr. Magnus Ekerot is Member of Management Board at Gigaset AG since November 1, 2022 and serves as its Chairman of the Executive Board since January 01, 2023. Dr. Ekerot is Chief Executive Officer of Gigas...


Board Members

NamePositionTenureCompensationOwnership
Barbara Thätig
Chairman of Supervisory Board4.9yrs€143.50kno data
Tom Hiss
Member of the Supervisory Boardless than a yearno datano data
Rainer-Christian Koppitz
Vice Chairman of the Supervisory Boardless than a yearno datano data
Jenny Pan
Member of Supervisory Board2.5yrs€58.00kno data
Andreas Tenhofen
Member of the Supervisory Boardless than a yearno datano data
Jan Witt
Member of the Supervisory Boardless than a yearno datano data

0.7yrs

Average Tenure

Experienced Board: GGS's board of directors are not considered experienced ( 0.7 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/12/23 14:14
End of Day Share Price 2023/09/25 00:00
Earnings2023/06/30
Annual Earnings2022/12/31

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

Gigaset AG is covered by 5 analysts. 1 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
Benjamin KohnkeDeutsche Bank
Cengizhan Senequinet Bank AG (ESN)