Veolia Environnement Management

Management criteria checks 3/4

Veolia Environnement's CEO is Estelle Brachlianoff, appointed in Jul 2022, has a tenure of 1.75 years. total yearly compensation is €3.51M, comprised of 29.3% salary and 70.7% bonuses, including company stock and options. directly owns 0.004% of the company’s shares, worth €911.62K. The average tenure of the management team and the board of directors is 5.5 years and 8 years respectively.

Key information

Estelle Brachlianoff

Chief executive officer

€3.5m

Total compensation

CEO salary percentage	29.3%
CEO tenure	1.8yrs
CEO ownership	0.004%
Management average tenure	5.5yrs
Board average tenure	8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Estelle Brachlianoff's remuneration changed compared to Veolia Environnement's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	€4m	€1m	€961m
Sep 30 2023	n/a	n/a	€1b
Jun 30 2023	n/a	n/a	€1b
Mar 31 2023	n/a	n/a	€940m
Dec 31 2022	€2m	€515k	€794m

Compensation vs Market: Estelle's total compensation ($USD3.77M) is below average for companies of similar size in the German market ($USD5.57M).

Compensation vs Earnings: Estelle's compensation has increased by more than 20% in the past year.

CEO

Estelle Brachlianoff (51 yo)

1.8yrs

Tenure

€3,513,467

Compensation

Ms. Estelle K. Brachlianoff serves as Director at Veolia Environnement SA since June 15, 2022 and serves as its Chief Executive Officer since July 01, 2022. She served as Chief Operating Officer at Veolia...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Estelle Brachlianoff	CEO & Director	1.8yrs	€3.51m	0.0044% € 911.6k
Ronald Wasylec	Head of Investor Relations	no data	no data	no data
Helman le de Sécheval	General Counsel & General Secretary	no data	no data	no data
Jean-Baptiste Carpentier	Chief Compliance Officer	6.3yrs	no data	no data
Laurent Obadia	Deputy CEO of Stakeholders & Communications and Advisor to the Chairman	6.3yrs	no data	no data
Isabelle Calvez	Senior Executive Vice President of Human Resources	no data	no data	no data
Régis Calmels	Senior Executive Vice President of Asia	no data	no data	no data
Philippe Guitard	Senior Executive Vice President of Central & Eastern Europe	no data	no data	no data
Éric Haza	Chief Legal Officer	no data	no data	no data
Claude Laruelle	Deputy Chief Executive Officer of Finance	no data	no data	no data
Jean-François Nogrette	Senior Executive VP and Director of the France & Special Waste Europe	5.5yrs	no data	no data
Frederic Van Heems	Senior Executive Vice President of North America	2.8yrs	no data	no data

5.5yrs

Average Tenure

58yo

Average Age

Experienced Management: VVD's management team is seasoned and experienced (5.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Estelle Brachlianoff	CEO & Director	1.8yrs	€3.51m	0.0044% € 911.6k
Pierre-Andre de Chalendar	Independent Director	3yrs	€77.76k	0.00082% € 169.5k
Antoine Frerot	Chairman of the Board	13.9yrs	€702.13k	0.023% € 4.7m
Isabelle Courville	Independent Director	8yrs	€114.65k	0.00014% € 28.9k
Maryse Aulagnon	Vice-Chairwoman & Senior Independent Director	11.9yrs	€162.99k	0.00050% € 103.4k
Guillaume Jean Texier	Independent Director	8yrs	€68.80k	0.00013% € 26.9k
Nathalie Rachou	Independent Director	11.9yrs	€119.20k	0.00051% € 105.4k
Marion Guillou	Independent Director	11.3yrs	€62.00k	0.00019% € 39.3k
Pavel Páša	Employee Representative Director	9.5yrs	€70.00k	no data
Enric Xavier Amiguet Rovira	Non-Voting Director & Censor	1.8yrs	€31.50k	no data
Franck Le Roux	Employee Representative Director	5.5yrs	€78.80k	no data
Agata Mazurek-Bak	Employee Representative Director	1.8yrs	€73.80k	0.00028% € 57.9k

8.0yrs

Average Tenure

59.5yo

Average Age

Experienced Board: VVD's board of directors are considered experienced (8 years average tenure).

Veolia Environnement Management

Management criteria checks 3/4

Key information

Recent management updates

Veolia Announces Board Changes, Effective on April 25, 2024

Insufficient new directors

Insufficient new directors

Recent updates

Veolia Advances PFAS Mitigation in Drinking Water with More Than 30 Treatment Projects Launched in the U.S

Veolia Announces Board Changes, Effective on April 25, 2024

Dividend increased to €1.25

NGE SAS completed the acquisition of SADE CGTH from Veolia Environnement SA (ENXTPA:VIE).

Full year 2023 earnings released: EPS: €1.36 (vs €1.15 in FY 2022)

Fibre Excellence Energie SAS acquired unknown 50% stake in Chapelle Darblay from Veolia Environnement SA (ENXTPA:VIE).

NGE SAS signed an agreement to acquire SADE CGTH from Veolia Environnement SA (ENXTPA:VIE).

Veolia Environnement SA to Report Q3, 2024 Results on Nov 07, 2024

Veolia Environnement SA to Report Q2, 2024 Results on Aug 01, 2024

Italgas S.p.A. (BIT:IG) completed the acquisition of Acqua S.r.l., Idrolatina S.r.l., and Acqua Campania S.p.A from Veolia Environnement SA (ENXTPA:VIE).

New minor risk - Earnings quality

Veolia Environnement SA to Report Q3, 2023 Results on Nov 09, 2023

First half 2023 earnings released: EPS: €0.76 (vs €0.34 in 1H 2022)

Veolia Environnement SA Provides Earnings Guidance for the Year 2023

Italgas S.p.A. (BIT:IG) signed a purchase agreement to acquire Acqua S.r.l., Idrolatina S.r.l., and Acqua Campania S.p.A from Veolia Environnement SA (ENXTPA:VIE) for approximately €115 million.

Veolia Environnement Provides Earnings Guidance for the Year 2023

Upcoming dividend of €1.12 per share at 3.9% yield

Full year 2022 earnings released: EPS: €1.15 (vs €0.68 in FY 2021)

SUEZ Groupe SA completed the acquisition of Hazardous Waste Assets Of Veolia Environnement S.A. (ENXTPA:VIE).

Séché Environnement SA (ENXTPA:SCHP) completed the acquisition of A Part of Industrial Water Treatment Services Business of Veolia Environnement S.A. in France from Veolia Environnement S.A. (ENXTPA:VIE).

Veolia Environnement S.A. Confirms Earnings Guidance for the Year 2022 and 2024

Veolia Environnement S.A. to Report Fiscal Year 2022 Results on Mar 22, 2023

First half 2022 earnings released: EPS: €0.35 (vs €0.54 in 1H 2021)

Veolia Environnement S.A. Confirms Earnings Guidance for the Year 2022 and 2024

Upcoming dividend of €1.00 per share

Veolia Environnement S.A. Announces Cash Dividend for the Fiscal Year Ended on December 31, 2021, Payable from July 7, 2022

Séché Environnement SA (ENXTPA:SCHP) signed an agreement to acquire A Part of Industrial Water Treatment Services Business of Veolia Environnement S.A. in France from Veolia Environnement S.A. (ENXTPA:VIE) for €40 million.

Séché Environnement SA (ENXTPA:SCHP) signed an agreement to acquire A Part of Industrial Water Treatment Services Business of Veolia Environnement S.A. in France from Veolia Environnement S.A. (ENXTPA:VIE) for €40 million.

Veolia Environnement S.A. Confirms Earnings Guidance for the Year 2022 and 2024

Saur SAS signed an agreement to acquire European Mobile Water Services business from Veolia Environnement S.A. (ENXTPA:VIE) for approximately €190 million.

Insufficient new directors

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Investor sentiment deteriorated over the past week

Insufficient new directors

First quarter 2021 earnings released: EPS €0.33

Veolia Environnement S.A. Provides Revenue Guidance for the Full Year of 2021

Upcoming dividend of €0.70 per share

Independent Director has left the company

Director has left the company

Veolia Environnement S.A. to Report Q3, 2021 Results on Nov 04, 2021

Veolia to Legally Block Suez Assets Disposals

Suez Reportedly Taps RBC for Australian Assets Sell-Off

Full year 2020 earnings released

Revenue misses expectations

New 90-day high: €23.49

The President of the Nanterre Commercial Court Has No Jurisdiction to Rule on Veolia's Tender Offer

Paris Court of Appeal Dismisses Suez and Upholds Veolia's Rights

Ardian and Global Infrastructure Management, LLC made a proposal to acquire Suez SA (ENXTPA:SEV) from Veolia Environnement S.A. (ENXTPA:VIE) and others for €11.4 billion.

New 90-day high: €20.56

New 90-day high: €20.42

Revenue beats expectations

New 90-day low: €17.84

Veolia Environnement S.A. (ENXTPA:VIE) completed the acquisition of 29.9% stake in Suez SA (ENXTPA:SEV) from ENGIE SA (ENXTPA:ENGI)

Jernbro Industrial Services AB completed the acquisition of Industrial maintenance business of Veolia Environnement S.A. (ENXTPA:VIE).

New 90-day low: €18.20

First half earnings released

Veolia Environnement S.A. (ENXTPA:VIE) agreed to acquire 95.62% stake in Budapesti Eromu Zrt. for €230 million.

Veolia Environnement S.A. to Report Q1, 2021 Results on May 05, 2021

Veolia Environnement S.A. to Report Fiscal Year 2020 Results on Feb 25, 2021

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age