RWE Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Markus Krebber

Chief executive officer

€6.4m

Total compensation

CEO salary percentage	22.2%
CEO tenure	7.5yrs
CEO ownership	n/a
Management average tenure	3.3yrs
Board average tenure	14.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Markus Krebber's remuneration changed compared to RWE's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	€6m	€1m	€1b
Sep 30 2023	n/a	n/a	€4b
Jun 30 2023	n/a	n/a	€3b
Mar 31 2023	n/a	n/a	€2b
Dec 31 2022	€6m	€1m	€3b
Sep 30 2022	n/a	n/a	€15m
Jun 30 2022	n/a	n/a	€1b
Mar 31 2022	n/a	n/a	€2b
Dec 31 2021	€5m	€1m	€721m
Sep 30 2021	n/a	n/a	€2b
Jun 30 2021	n/a	n/a	€1b
Mar 31 2021	n/a	n/a	€1b
Dec 31 2020	€4m	€800k	€830m
Sep 30 2020	n/a	n/a	€755m
Jun 30 2020	n/a	n/a	€126m
Mar 31 2020	n/a	n/a	-€579m
Dec 31 2019	€3m	€763k	-€1b
Sep 30 2019	n/a	n/a	-€1b
Jun 30 2019	n/a	n/a	-€896m
Mar 31 2019	n/a	n/a	-€813m
Dec 31 2018	€3m	€750k	-€792m
Sep 30 2018	n/a	n/a	-€956m
Jun 30 2018	n/a	n/a	-€801m
Mar 31 2018	n/a	n/a	€1b
Dec 31 2017	€3m	€750k	€1b

Compensation vs Market: Markus's total compensation ($USD6.84M) is about average for companies of similar size in the German market ($USD5.66M).

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

CEO

Markus Krebber (50 yo)

7.5yrs

Tenure

€6,396,000

Compensation

Dr. Markus Krebber serves as Chairman of the Executive Board and Chief Executive Officer at RWE Aktiengesellschaft since May 1, 2021 and served as its Chief Financial Officer since October 15, 2016 until M...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Markus Krebber	Chairman of the Executive Board & CEO	7.5yrs	€6.40m	no data
Michael Muller	CFO & Member of Executive Board	3.4yrs	€2.53m	no data
Katja Van Doren	Member of the Executive Board	less than a year	€1.23m	no data
Thomas Michel	Chief Operating Officer	less than a year	no data	no data
Joachim Haaf	Head of Group Insurance	no data	no data	no data
Thomas Denny	Head of Investor Relations	no data	no data	no data
Ulrich Rust	General Counsel	no data	no data	no data
Stephanie Schunck	Head of Group Communication and Public Affairs	no data	no data	no data
Joachim Lochte	Head of Corporate Responsibility & Environmental Protection	no data	no data	no data
Paul van Son	Chairman of Energy Projects - Middle East	9.3yrs	no data	no data
Lothar Lambertz	Head of Media Relations	no data	no data	no data
Sopna Sury	Chief Operating Officer of Hydrogen at RWE Generation SE	3.2yrs	no data	no data

3.3yrs

Average Tenure

51yo

Average Age

Experienced Management: RWEA's management team is considered experienced (3.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Jürgen Strube	Member of Economic Advisory Board	no data	no data	no data
Dietmar Kühn	Member of the Economic Advisory Board	18yrs	€49.00k	no data
H.C. Middelhoff	Member of Economic Advisory Board	no data	no data	no data
Michael Frenzel	Member of Economic Advisory Board	no data	no data	no data
Klaus-Peter Müller	Member of Economic Advisory Board	19.5yrs	no data	no data
Werner Brandt	Chairman of the Supervisory Board	11yrs	€420.00k	no data
Heinrich Karl Pierer Esch	Member of Economic Advisory Board	no data	no data	no data
Ralf Sikorski	Employee Representative Deputy Chairman of the Supervisory Board	9.8yrs	€313.00k	no data
Klaus Schneider	Member of Economic Advisory Board	no data	no data	no data
Anton Werhahn	Member of Economic Advisory Board	17.3yrs	no data	no data
Theodor Baums	Member of Economic Advisory Board	no data	no data	no data
Monika Kircher-Kohl	Member of the Supervisory Board	7.5yrs	€208.00k	no data

14.1yrs

Average Tenure

76yo

Average Age

Experienced Board: RWEA's board of directors are seasoned and experienced ( 14.1 years average tenure).

RWE Management

Management criteria checks 4/4

Key information

Recent management updates

RWE Aktiengesellschaft, Annual General Meeting, May 03, 2024

RWE Appoints Thomas Michel as COO Offshore Wind, Effective September 1, 2023

RWE Aktiengesellschaft, Annual General Meeting, May 04, 2023

Andrew Flanagan Joins RWE AG Renewables Americas Board as Chief Operating Officer

RWE Aktiengesellschaft Announces Management Appointments, Effective November 1, 2020

Recent updates

RWE Aktiengesellschaft to Report Nine Months, 2024 Results on Nov 13, 2024

RWE Aktiengesellschaft to Report Q1, 2024 Results on May 15, 2024

RWE Aktiengesellschaft, Annual General Meeting, May 03, 2024

Equinor, RWE Reportedly to Place Joint Bid in Norwegian Offshore Tender

RWE Aktiengesellschaft to Report Fiscal Year 2023 Results on Mar 14, 2024

CEPS, a.s. signed an agreement to acquire Rwe Gas Storage Cz, s.r.o. from RWE Aktiengesellschaft (XTRA:RWE) for €360 million.

CEPS, a.s. signed an agreement to acquire Rwe Gas Storage Cz, s.r.o. from RWE Aktiengesellschaft (XTRA:RWE) for €360 million.

RWE Appoints Thomas Michel as COO Offshore Wind, Effective September 1, 2023

RWE Aktiengesellschaft to Report Q3, 2023 Results on Nov 14, 2023

Iberdrola Denies Plan to Acquire RWE

RWE Aktiengesellschaft to Report First Half, 2023 Results on Aug 10, 2023

RWE Aktiengesellschaft to Report Fiscal Year 2022 Results on Mar 21, 2023

RWE Aktiengesellschaft Announces Dividend Target for Fiscal Year 2022

RWE Aktiengesellschaft to Report Q1, 2023 Results on May 11, 2023

RWE Aktiengesellschaft, Annual General Meeting, May 04, 2023

RWE Aktiengesellschaft (XTRA:RWE) acquired Alpha Solar Sp. z o.o.

Northland Power Inc. (TSX:NPI) agreed to acquire 49% stake in 225MW wind project in the German North Sea from RWE Aktiengesellschaft (XTRA:RWE) .

Consolidated Edison Renewables Unit Reportedly Drawing Interest

RWE Aktiengesellschaft to Report First Half, 2022 Results on Aug 11, 2022

Andrew Flanagan Joins RWE AG Renewables Americas Board as Chief Operating Officer

RWE Aktiengesellschaft (XTRA:RWE) agreed to acquire 1.4-gigawatt power plant of Vattenfall from Vattenfall AB (publ) for an enterprise value €500 million.

RWE Aktiengesellschaft to Report Q1, 2022 Results on May 12, 2022

RWE AG Provides Dividend Guidance for the Year 2022

RWE Aktiengesellschaft to Report Fiscal Year 2021 Results on Mar 15, 2022

RWE Aktiengesellschaft(XTRA:RWE3) dropped from S&P Global BMI Index

Enkraft Capital Urges RWE Aktiengesellschaft to Exit Lignite Operations

RWE Announces That Its Global Offshore Wind and Onshore Wind / PV Businesses Will Be Managed in Separate Divisions in Future

RWE Aktiengesellschaft(XTRA:RWE3) dropped from S&P Global BMI Index

RWE Aktiengesellschaft Provides Earnings Guidance for 2021

Greencoat Capital LLP agreed to acquire 24% stake in Portfolio of Four Wind Facilities in Texas from RWE Aktiengesellschaft (XTRA:RWE) for $160 million.

KELAG-Kärntner Elektrizitäts-Aktiengesellschaft agreed to acquire 19 Small-scale Hydropower Station Portfolios in France and Portugal from RWE Aktiengesellschaft (XTRA:RWE).

An unknown fund and Greencoat UK Wind PLC (LSE:UKW), both managed by Greencoat Capital LLP completed the acquisition of 49% stake in Humber Gateway wind farm from RWE Aktiengesellschaft (XTRA:RWE).

Greencoat UK Wind PLC (LSE:UKW) and pension funds, funds managed by Greencoat Capital LLP entered into an agreement to acquire 49% stake in Humber Gateway wind farm from RWE Aktiengesellschaft (XTRA:RWE) for approximately £650 million.

RWE Aktiengesellschaft (XTRA:RWE) completed the acquisition of 2.7-GW Onshore Wind and Solar Project Development Pipeline of Nordex SE (XTRA:NDX1).

La Française Real Estate Managers and Hyundai Investments Co., Ltd. acquired fully let office building located at Altenessener Str. 27 from RWE Aktiengesellschaft (XTRA:RWE).

RWE Aktiengesellschaft Announces Management Appointments, Effective November 1, 2020

RWE Aktiengesellschaft has completed a Follow-on Equity Offering in the amount of €2.000997 billion.

RWE Aktiengesellschaft (XTRA:RWE) agreed to acquire 2.7-GW onshore wind and solar project development pipeline from Nordex SE (XTRA:NDX1) for approximately €400 million.

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age