E.ON Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Leo Birnbaum

Chief executive officer

€6.0m

Total compensation

CEO salary percentage	24.0%
CEO tenure	11.3yrs
CEO ownership	n/a
Management average tenure	4.8yrs
Board average tenure	5.8yrs

Recent management updates

No updates

Recent updates

CEO Compensation Analysis

How has Leo Birnbaum's remuneration changed compared to E.ON's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	€2b
Jun 30 2024	n/a	n/a	€2b
Mar 31 2024	n/a	n/a	€1b
Dec 31 2023	€6m	€1m	€456m
Sep 30 2023	n/a	n/a	-€875m
Jun 30 2023	n/a	n/a	€591m
Mar 31 2023	n/a	n/a	€863m
Dec 31 2022	€6m	€1m	€2b
Sep 30 2022	n/a	n/a	€5b
Jun 30 2022	n/a	n/a	€4b
Mar 31 2022	n/a	n/a	€5b
Dec 31 2021	€4m	€1m	€5b
Sep 30 2021	n/a	n/a	€4b
Jun 30 2021	n/a	n/a	€3b
Mar 31 2021	n/a	n/a	€2b
Dec 31 2020	€3m	€800k	€1b
Sep 30 2020	n/a	n/a	€1b
Jun 30 2020	n/a	n/a	€535m
Mar 31 2020	n/a	n/a	-€77m
Dec 31 2019	€3m	€800k	€487m
Sep 30 2019	n/a	n/a	€529m
Jun 30 2019	n/a	n/a	€505m
Mar 31 2019	n/a	n/a	€2b
Dec 31 2018	€3m	€800k	€3b
Sep 30 2018	n/a	n/a	€3b
Jun 30 2018	n/a	n/a	€3b
Mar 31 2018	n/a	n/a	€4b
Dec 31 2017	€3m	€800k	€4b

Compensation vs Market: Leo's total compensation ($USD6.31M) is about average for companies of similar size in the German market ($USD4.90M).

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

CEO

Leo Birnbaum (57 yo)

11.3yrs

Tenure

€5,996,000

Compensation

Dr. Ing. Leonhard Birnbaum, also known as Leo, has been Chief Executive Officer and Chairman of Management Board at E.ON SE since April 1, 2021. He has been Member of the Management Board at E.ON SE since...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Leonhard Birnbaum	CEO & Chairman of the Management Board	11.3yrs	€6.00m	no data
Marc Spieker	COO of Commercial & Member of Management Board	7.8yrs	€3.21m	no data
Thomas Konig	COO of Networks & Member of Management Board	6.4yrs	€3.23m	no data
Victoria Ossadnik	COO of Digital & Member of Management Board	3.6yrs	€3.28m	no data
Patrick Lammers	COO of Commercial & Member of Management Board	3.3yrs	€3.26m	no data
Nadia Jakobi	CFO & Member of the Board of Management	less than a year	no data	no data
Michael Wilhelm	Senior Vice President of Accounting	no data	€137.96k	no data
Iris Eveleigh	Head of Investor Relations	no data	no data	no data
Christoph Radke	General Counsel & Chief Compliance Officer	1.8yrs	no data	no data
Lars Rosumek	Head of Communications & Political Affairs	4.8yrs	no data	no data
Verena Volpert	Senior Vice President of Group Finance	no data	no data	no data
Daren Carter	Head of Residential Marketing	13.2yrs	no data	no data

4.8yrs

Average Tenure

57yo

Average Age

Experienced Management: EOAN's management team is considered experienced (4.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Andreas J. Schmitz	Supervisory Board Member	8.4yrs	€331.00k	no data
Erich Clementi	Chairman of the Supervisory Board	8.3yrs	€410.00k	no data
Deborah Wilkens	Supervisory Board Member	5.1yrs	€261.00k	no data
Ulrich Grillo	Deputy Chairman of Supervisory Board	5.1yrs	€306.00k	no data
Eugen-Gheorghe Luha	Employee Representative Supervisory Board Member	12yrs	€175.00k	no data
Anke Groth	Member of the Supervisory Board	2.3yrs	€213.00k	no data
Elisabeth Wallbaum	Employee Representative Supervisory Board Member	8.8yrs	€259.00k	no data
Rene Pohls	Employee Representative Supervisory Board Member	5.2yrs	€281.00k	no data
Klaus Frohlich	Supervisory Board Member	6.5yrs	€287.00k	no data
Stefan May	Employee Representative Supervisory Board Member	5.2yrs	€227.00k	no data
Szilvia Marton	Employee Representative Supervisory Board Member	6.5yrs	€145.00k	no data
Frank Werneke	Deputy Chairman of Supervisory Board	less than a year	no data	no data

5.8yrs

Average Tenure

56yo

Average Age

Experienced Board: EOAN's board of directors are considered experienced (5.8 years average tenure).

E.ON Management

Management criteria checks 4/4

Key information

Recent management updates

Recent updates

New minor risk - Earnings quality

Third quarter 2024 earnings released: EPS: €0.037 (vs €0.034 in 3Q 2023)

New minor risk - Earnings quality

Second quarter 2024 earnings released: EPS: €0.68 (vs €0.44 in 2Q 2023)

New minor risk - Earnings quality

First quarter 2024 earnings released: EPS: €0.22 (vs €0.055 loss in 1Q 2023)

Now 21% undervalued

E.ON SE to Report Fiscal Year 2024 Results on Feb 26, 2025

Upcoming dividend of €0.53 per share

Now 20% undervalued

Full year 2023 earnings: EPS and revenues miss analyst expectations

Now 20% undervalued

Dividend increased to €0.53

E.ON SE to Report Nine Months, 2024 Results on Nov 14, 2024

E.ON SE to Report Q4, 2023 Results on Mar 13, 2024

Third quarter 2023 earnings released: EPS: €0.034 (vs €0.60 in 3Q 2022)

Now 20% undervalued

Now 21% undervalued after recent price drop

Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

New minor risk - Shareholder dilution

E.On Reportedly Seeks to Offload Industrial Power Division

First quarter 2023 earnings released: €0.055 loss per share (vs €0.32 profit in 1Q 2022)

Upcoming dividend of €0.51 per share at 4.2% yield

Third quarter 2022 earnings released: EPS: €0.60 (vs €0.47 in 3Q 2021)

Second quarter 2022 earnings released: EPS: €0.55 (vs €0.67 in 2Q 2021)

E.ON Reaffirms Forecast for Full Year 2022

Igneo Infrastructure Partners agreed to acquire Westenergie Broadband GmbH.

Igneo Infrastructure Partners agreed to acquire Westenergie Broadband GmbH.

E.ON SE to Report First Half, 2023 Results on Aug 09, 2023

Hemsö Fastighets AB (publ) acquired Excellensen 5 from E.ON SE (XTRA:EOAN).

E.ON SE (XTRA:EOAN) acquired a 25% stake in Horizon Energy.

E.ON SE (XTRA:EOAN) acquired unknown majority stake in envelio GmbH from High-Tech GrÜNderfonds Management Gmbh and others.

E.ON SE (XTRA:EOAN) acquired unknown stake in Geotermisk Operat°Rselskab A/S.

E.ON SE to Report Fiscal Year 2020 Final Results on Mar 24, 2021

Knight Vinke agreed to acquire an unknown stake in E.ON SE (DB:EOAN).

E.On SE Partners with Thyssenkrupp AG to Plug Large-Scale Hydrogen Electrolysis Plants into Germanys Grid Using A Renewables-Backed Virtual Power Plant

LichtBlick SE completed the acquisition of E.ON Heizstrom Nord GmbH/E.ON Heizstrom Süd GmbH from E.ON SE (XTRA:EOAN).

E.ON SE (XTRA:EOAN) along with the Slovakian government concluded the memorandum of understanding to acquire a 49% stake in the business of Východoslovenská energetika Holding a.s. from RWE Aktiengesellschaft (XTRA:RWE).

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age