Jenoptik Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Stefan Traeger

Chief executive officer

€1.6m

Total compensation

CEO salary percentage	42.8%
CEO tenure	7.5yrs
CEO ownership	n/a
Management average tenure	1.9yrs
Board average tenure	2.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Stefan Traeger's remuneration changed compared to Jenoptik's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	€84m
Jun 30 2024	n/a	n/a	€80m
Mar 31 2024	n/a	n/a	€76m
Dec 31 2023	€2m	€675k	€73m
Sep 30 2023	n/a	n/a	€70m
Jun 30 2023	n/a	n/a	€68m
Mar 31 2023	n/a	n/a	€70m
Dec 31 2022	€1m	€650k	€62m
Sep 30 2022	n/a	n/a	€75m
Jun 30 2022	n/a	n/a	€81m
Mar 31 2022	n/a	n/a	€91m
Dec 31 2021	€1m	€650k	€91m
Sep 30 2021	n/a	n/a	€69m
Jun 30 2021	n/a	n/a	€58m
Mar 31 2021	n/a	n/a	€37m
Dec 31 2020	€1m	€600k	€33m
Sep 30 2020	n/a	n/a	€48m
Jun 30 2020	n/a	n/a	€54m
Mar 31 2020	n/a	n/a	€57m
Dec 31 2019	€1m	€600k	€68m
Sep 30 2019	n/a	n/a	€78m
Jun 30 2019	n/a	n/a	€78m
Mar 31 2019	n/a	n/a	€82m
Dec 31 2018	€2m	€600k	€88m
Sep 30 2018	n/a	n/a	€82m
Jun 30 2018	n/a	n/a	€83m
Mar 31 2018	n/a	n/a	€80m
Dec 31 2017	€1m	€400k	€73m

Compensation vs Market: Stefan's total compensation ($USD1.67M) is about average for companies of similar size in the German market ($USD1.65M).

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

CEO

Stefan Traeger (57 yo)

7.5yrs

Tenure

€1,577,607

Compensation

Dr. Stefan Traeger is Independent Member of the Supervisory Board of AIXTRON SE since March 2023 and served as its Member of the Supervisory Board from May 25, 2022 until March 2023. Dr. Traeger has been C...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Stefan Traeger	Chairman of the Executive Board	7.5yrs	€1.58m	no data
Prisca Havranek-Kosicek	CFO & Member of the Executive Board	1.7yrs	€701.03k	no data
Ralf Kuschnereit	Executive VP of Division Advanced Photonic Solutions & Member of the Executive Board	1.8yrs	€744.18k	no data
Jurgen Rauhut	Chief Compliance Officer	1.9yrs	no data	no data

1.9yrs

Average Tenure

56yo

Average Age

Experienced Management: JEN's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Matthias Wierlacher	Independent Chairman of the Supervisory Board	12.4yrs	€147.00k	no data
Evert Dudok	Independent Member of Supervisory Board	9.3yrs	€72.00k	no data
Andreas Tunnermann	Member of Scientific Advisory Council	no data	€57.00k	no data
Günther Tränkle	Member of Scientific Advisory Council	no data	no data	no data
Gerhard Fettweis	Member of Scientific Advisory Council	no data	no data	no data
Thomas Spitzenpfeil	Independent Supervisory Board Member	2.4yrs	€80.00k	no data
Jurgen Popp	Member of Scientific Advisory Council	no data	no data	no data
Karsten Lemmer	Member of Scientific Advisory Council	no data	no data	no data
Patrick Spieth	Member of Scientific Advisory Council	no data	no data	no data
Johannes Schleifenbaum	Member of Scientific Advisory Council	no data	no data	no data
Daniela Mattheus	Member of Supervisory Board	less than a year	€13.86k	no data
Jakob Habermann	Deputy Chairman of the Supervisory Board	less than a year	no data	no data

2.4yrs

Average Tenure

61yo

Average Age

Experienced Board: JEN's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.

Jenoptik Management

Management criteria checks 2/4

Key information

Recent management updates

Jenoptik AG, Annual General Meeting, Jun 18, 2024

Jenoptik AG, Annual General Meeting, Jun 07, 2023

Jenoptik AG, Annual General Meeting, Jun 09, 2021

Recent updates

Price target decreased by 10% to €31.56

Third quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

New minor risk - Dividend sustainability

Investor sentiment deteriorates as stock falls 17%

Jenoptik AG to Report Fiscal Year 2024 Results on Feb 12, 2025

Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Upcoming dividend of €0.35 per share

New minor risk - Financial position

Dividend increased to €0.35

Jenoptik AG to Report Q1, 2024 Results on May 08, 2024

Jenoptik AG, Annual General Meeting, Jun 18, 2024

Jenoptik AG to Report Fiscal Year 2023 Results on Feb 07, 2024

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Investor sentiment improves as stock rises 16%

Second quarter 2023 earnings released: EPS: €0.34 (vs €0.40 in 2Q 2022)

Upcoming dividend of €0.30 per share at 1.0% yield

First quarter 2023 earnings released: EPS: €0.21 (vs €0.055 in 1Q 2022)

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Price target increased by 8.5% to €33.30

Price target increased by 8.4% to €32.20

Jenoptik AG to Report Q1, 2023 Results on May 11, 2023

Jenoptik AG, Annual General Meeting, Jun 07, 2023

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Investor sentiment improved over the past week

Jenoptik AG to Report Fiscal Year 2022 Results on Feb 15, 2023

Second quarter 2022 earnings: EPS exceeds analyst expectations

Price target decreased to €31.00

STAR Capital Partnership LLP completed the acquisition of VINCORION from Jenoptik AG (XTRA:JEN).

Upcoming dividend of €0.25 per share

First quarter 2022 earnings: EPS misses analyst expectations

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Now 20% undervalued after recent price drop

Now 21% undervalued after recent price drop

Jenoptik AG to Report Q1, 2022 Results on May 11, 2022

Now 20% undervalued

Jenoptik AG (XTRA:JEN) completed the acquisition of BG Medical Applications GmbH, SwissOptic AG and SwissOptic (Wuhan) Co., Ltd. from Berliner Glas KGaA Herbert Kubatz GmbH & Co.

Fund managed by STAR Capital Partnership LLP agreed to acquire VINCORION from Jenoptik AG (XTRA:JEN).

Third quarter 2021 earnings released: EPS €0.46 (vs €0.24 in 3Q 2020)

Price target increased to €32.00

Marposs S.p.A. signed a corresponding agreement to acquire Non-optical process metrology business in Peseux, Switzerland, Ratingen and Ludwigsburg from Jenoptik AG (XTRA:JEN).

Upcoming dividend of €0.25 per share

First quarter 2021 earnings released: EPS €0.07 (vs €0.01 loss in 1Q 2020)

Full year 2020 earnings released

Jenoptik AG to Report Fiscal Year 2020 Final Results on Mar 25, 2021

Price target raised to €28.42

New 90-day high: €27.78

Jenoptik AG, Annual General Meeting, Jun 09, 2021

New 90-day high: €25.34

Third quarter 2020 earnings released: EPS €0.25

Earnings beat expectations, revenue disappoints

New 90-day high: €25.22

Jenoptik AG (XTRA:JEN) signed an agreement to acquire 75% stake in TRIOPTICS Gmbh from capiton IV managed by capiton AG.

Jenoptik AG (XTRA:JEN) completed the acquisition of 75% stake in TRIOPTICS Gmbh from capiton IV managed by capiton AG.

New 90-day high - €24.82

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age