Elia Group's CEO is Bernard Gustin, appointed in Jan 2025, has a tenure of 1.42 years. total yearly compensation is €1.40M, comprised of 39.2% salary and 60.8% bonuses, including company stock and options. directly owns 0.004% of the company’s shares, worth €510.31K. The average tenure of the management team and the board of directors is 2.3 years and 4.1 years respectively.
Key information
Bernard Gustin
Chief executive officer
€1.4m
Total compensation
CEO salary percentage
39.21%
CEO tenure
1.4yrs
CEO ownership
0.004%
Management average tenure
2.3yrs
Board average tenure
4.1yrs
Recent management updates
Recent updates
CEO Compensation Analysis
How has Bernard Gustin's remuneration changed compared to Elia Group's earnings?
Date
Total Compensation
Salary
Company Earnings
Dec 31 2025
€1m
€548k
€557m
Sep 30 2025
n/a
n/a
€533m
Jun 30 2025
n/a
n/a
€509m
Mar 31 2025
n/a
n/a
€465m
Dec 31 2024
€135k
n/a
€421m
Sep 30 2024
n/a
n/a
€382m
Jun 30 2024
n/a
n/a
€344m
Mar 31 2024
n/a
n/a
€334m
Dec 31 2023
€68k
n/a
€325m
Sep 30 2023
n/a
n/a
€336m
Jun 30 2023
n/a
n/a
€347m
Mar 31 2023
n/a
n/a
€344m
Dec 31 2022
€104k
n/a
€342m
Sep 30 2022
n/a
n/a
€325m
Jun 30 2022
n/a
n/a
€309m
Mar 31 2022
n/a
n/a
€292m
Dec 31 2021
€94k
n/a
€276m
Sep 30 2021
n/a
n/a
€263m
Jun 30 2021
n/a
n/a
€251m
Mar 31 2021
n/a
n/a
€250m
Dec 31 2020
€75k
n/a
€250m
Compensation vs Market: Bernard's total compensation ($USD1.60M) is below average for companies of similar size in the German market ($USD5.49M).
Compensation vs Earnings: Bernard's compensation has increased by more than 20% in the past year.
CEO
Bernard Gustin
1.4yrs
Tenure
€1,398,028
Compensation
Mr. Bernard Gustin is Chairman of Supervisory Board of Eurogrid GmbH from July 3, 2025. Mr. Gustin is Chairman of Supervisory Board of 50Hertz Transmission GmbH. Mr. Gustin serves as Chief Executive Office...
Leadership Team
Name
Position
Tenure
Compensation
Ownership
Bernard Gustin
CEO & Member of Executive Management Board
1.4yrs
€1.40m
0.0036% € 510.3k
Marco Nix
CFO & Member of Executive Management Board
2.6yrs
€820.62k
0.00050% € 71.9k
Peter Michiels
Co-Chief HR Officer & Member of Executive Management Board
no data
€758.50k
0.0012% € 175.4k
Stefan Kapferer
Deputy CEO
5.9yrs
€1.05m
0.00064% € 92.0k
Frederic Dunon
Member of Ex. Man. Board
2.3yrs
€956.48k
0.0031% € 444.2k
Celine Haute
Chief HR Officer & Member of Executive Management Board
less than a year
€399.07k
no data
Stephanie Luyten
Head of Investor Relations
no data
no data
no data
Marleen Vanhecke
Head of Group Communication & Reputation
no data
no data
no data
Yannick Dekoninck
Head of Capital Markets
no data
no data
no data
Olivier Feix
Head of Strategy
no data
no data
no data
Bernard De Clercq
Head of Group EU Affairs
no data
no data
no data
Robert Weigert
Head of Treasury
no data
no data
no data
2.3yrs
Average Tenure
Experienced Management: E4S's management team is considered experienced (2.3 years average tenure).
Board Members
Name
Position
Tenure
Compensation
Ownership
Michel Sirat
Non-Executive Independent Director
1.1yrs
€42.19k
no data
Dominique Offergeld
Non-Executive Director
16.1yrs
€56.56k
no data
Olivier Chapelle
Non-Executive Independent Director
1.1yrs
€27.13k
no data
Roberte Kesteman
Independent Non-Executive director
8.5yrs
€53.90k
no data
Lieve Creten
Independent director
5.1yrs
no data
no data
Bernard Thiry
Non Executive Vice Chairman
3.1yrs
€54.07k
no data
Nele Roobrouck
Advisory Director
no data
no data
no data
Christiaan Peeters
Non-Executive Director
less than a year
€860.40k
no data
Pieter De Crem
Non-Executive Chairman
5.3yrs
€41.54k
no data
Maxime Saliez
Advisory Director
5.3yrs
no data
no data
Pascale Van Damme
Independent Non-Executive Director
4.1yrs
€39.41k
no data
Eddy Vermoesen
Non Executive Director
3.1yrs
€45.38k
no data
4.1yrs
Average Tenure
64yo
Average Age
Experienced Board: E4S's board of directors are considered experienced (4.1 years average tenure).
Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/06/19 02:19
End of Day Share Price
2026/06/18 00:00
Earnings
2025/12/31
Annual Earnings
2025/12/31
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.
* 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
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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
Elia Group SA/NV is covered by 25 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.