SimCorp Management

Management criteria checks 3/4

SimCorp's CEO is Christian Kromann, appointed in Aug 2019, has a tenure of 4.25 years. total yearly compensation is €2.43M, comprised of 41.8% salary and 58.2% bonuses, including company stock and options. directly owns 0.034% of the company’s shares, worth DKK9.71M. The average tenure of the management team and the board of directors is 3.8 years and 2.7 years respectively.

Key information

Christian Kromann

Chief executive officer

€2.4m

Total compensation

CEO salary percentage41.8%
CEO tenure4.3yrs
CEO ownership0.03%
Management average tenure3.8yrs
Board average tenure2.7yrs

Recent management updates

Recent updates

Should You Investigate SimCorp A/S (CPH:SIM) At kr.518?

Apr 11
Should You Investigate SimCorp A/S (CPH:SIM) At kr.518?

Does SimCorp (CPH:SIM) Have A Healthy Balance Sheet?

Mar 13
Does SimCorp (CPH:SIM) Have A Healthy Balance Sheet?

An Intrinsic Calculation For SimCorp A/S (CPH:SIM) Suggests It's 39% Undervalued

Feb 27
An Intrinsic Calculation For SimCorp A/S (CPH:SIM) Suggests It's 39% Undervalued

SimCorp's (CPH:SIM) Dividend Will Be €7.50

Feb 14
SimCorp's (CPH:SIM) Dividend Will Be €7.50

What Does SimCorp A/S's (CPH:SIM) Share Price Indicate?

Dec 31
What Does SimCorp A/S's (CPH:SIM) Share Price Indicate?

Does SimCorp (CPH:SIM) Have A Healthy Balance Sheet?

Nov 30
Does SimCorp (CPH:SIM) Have A Healthy Balance Sheet?

Estimating The Intrinsic Value Of SimCorp A/S (CPH:SIM)

Nov 13
Estimating The Intrinsic Value Of SimCorp A/S (CPH:SIM)

Is Now The Time To Look At Buying SimCorp A/S (CPH:SIM)?

Sep 28
Is Now The Time To Look At Buying SimCorp A/S (CPH:SIM)?

We Think SimCorp (CPH:SIM) Can Stay On Top Of Its Debt

Aug 29
We Think SimCorp (CPH:SIM) Can Stay On Top Of Its Debt

Estimating The Intrinsic Value Of SimCorp A/S (CPH:SIM)

Aug 14
Estimating The Intrinsic Value Of SimCorp A/S (CPH:SIM)

Is Now The Time To Look At Buying SimCorp A/S (CPH:SIM)?

Jun 24
Is Now The Time To Look At Buying SimCorp A/S (CPH:SIM)?

SimCorp (CPH:SIM) Has A Pretty Healthy Balance Sheet

May 23
SimCorp (CPH:SIM) Has A Pretty Healthy Balance Sheet

Calculating The Fair Value Of SimCorp A/S (CPH:SIM)

May 08
Calculating The Fair Value Of SimCorp A/S (CPH:SIM)

SimCorp's (CPH:SIM) Dividend Will Be kr.7.50

Mar 03
SimCorp's (CPH:SIM) Dividend Will Be kr.7.50

SimCorp (CPH:SIM) Has Affirmed Its Dividend Of kr.7.50

Feb 17
SimCorp (CPH:SIM) Has Affirmed Its Dividend Of kr.7.50

Here's Why I Think SimCorp (CPH:SIM) Is An Interesting Stock

Nov 11
Here's Why I Think SimCorp (CPH:SIM) Is An Interesting Stock

Is Now An Opportune Moment To Examine SimCorp A/S (CPH:SIM)?

Oct 05
Is Now An Opportune Moment To Examine SimCorp A/S (CPH:SIM)?

Should You Be Adding SimCorp (CPH:SIM) To Your Watchlist Today?

Aug 01
Should You Be Adding SimCorp (CPH:SIM) To Your Watchlist Today?

What Is SimCorp A/S's (CPH:SIM) Share Price Doing?

Jun 21
What Is SimCorp A/S's (CPH:SIM) Share Price Doing?

Is It Worth Buying SimCorp A/S (CPH:SIM) For Its 0.9% Dividend Yield?

Apr 16
Is It Worth Buying SimCorp A/S (CPH:SIM) For Its 0.9% Dividend Yield?

SimCorp A/S' (CPH:SIM) Intrinsic Value Is Potentially 25% Below Its Share Price

Feb 24
SimCorp A/S' (CPH:SIM) Intrinsic Value Is Potentially 25% Below Its Share Price

Did You Participate In Any Of SimCorp's (CPH:SIM) Fantastic 229% Return ?

Feb 05
Did You Participate In Any Of SimCorp's (CPH:SIM) Fantastic 229% Return ?

What Type Of Shareholders Make Up SimCorp A/S' (CPH:SIM) Share Registry?

Jan 14
What Type Of Shareholders Make Up SimCorp A/S' (CPH:SIM) Share Registry?

Would SimCorp A/S (CPH:SIM) Be Valuable To Income Investors?

Dec 28
Would SimCorp A/S (CPH:SIM) Be Valuable To Income Investors?

SimCorp A/S' (CPH:SIM) Stock Been Rising: Are Strong Financials Guiding The Market?

Dec 10
SimCorp A/S' (CPH:SIM) Stock Been Rising: Are Strong Financials Guiding The Market?

CEO Compensation Analysis

How has Christian Kromann's remuneration changed compared to SimCorp's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2023n/an/a

€103m

Mar 31 2023n/an/a

€102m

Dec 31 2022€2m€1m

€99m

Sep 30 2022n/an/a

€89m

Jun 30 2022n/an/a

€91m

Mar 31 2022n/an/a

€103m

Dec 31 2021€3m€619k

€110m

Sep 30 2021n/an/a

€104m

Jun 30 2021n/an/a

€98m

Mar 31 2021n/an/a

€95m

Dec 31 2020€928k€403k

€88m

Sep 30 2020n/an/a

€70m

Jun 30 2020n/an/a

€85m

Mar 31 2020n/an/a

€91m

Dec 31 2019€1m€167k

€97m

Compensation vs Market: Christian's total compensation ($USD2.57M) is about average for companies of similar size in the Danish market ($USD2.00M).

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


CEO

Christian Kromann (51 yo)

4.3yrs

Tenure

€2,433,000

Compensation

Mr. Christian Peter Kromann has been the Chief Executive Officer of SimCorp A/S since September 02, 2021 and Member of Executive Management Board since August 1, 2019. He was Chief Operating Officer of Sim...


Leadership Team

NamePositionTenureCompensationOwnership
Christian Kromann
CEO & Member of Executive Management Board4.3yrs€2.43m0.034%
€ 9.7m
Michael Bjergby
CFO & Member of Executive Management Boardless than a year€1.08m0.012%
€ 3.5m
Georg Hetrodt
COO & Member of Executive Management Board1.8yrs€1.07m0.0013%
€ 371.3k
Marlene Voss
Senior VP & Chief Human Resources Officer4.8yrsno datano data
Jochen Müller
Executive VP & MD of Operations and Accounting Services21.8yrsno datano data
Marc Schroter
Chief Product Officer & SVP of Global Product Management9.8yrsno datano data
Ralf Schmucker
MD & Senior VP of SimCorp EMEA11.8yrsno datano data
Oliver Johnson
Chief Revenue Officer & Chief Commercial Officerless than a yearno datano data
Johan Kringel
Chief of Staff1.8yrsno datano data
Fred Bouteiller
Senior Vice President of Global Services3.8yrsno datano data
Edward Bee
EVP & MD of SimCorp APAC1.8yrsno datano data

3.8yrs

Average Tenure

52yo

Average Age

Experienced Management: SIM's management team is considered experienced (3.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Peter Schütze
Independent Chairman11.7yrs€183.00k0%
€ 0
Morten Hubbe
Independent Vice Chairman of the Board5.5yrs€126.00k0%
€ 0
Adam Warby
Independent Director6.7yrs€103.00k0%
€ 0
Simon John Jeffreys
Independent Director12.8yrs€119.00k0%
€ 0
Allan Polack
Independent Directorless than a yearno datano data
Susan Standiford
Independent Director2.7yrs€97.00k0%
€ 0
Charlotte Klausen
Employee Representative Director1.7yrs€67.00k0.00084%
€ 241.8k
Sven Rinke
Employee Representative Director1.7yrs€64.00k0%
€ 0
Neil Cook
Employee Representative Director1.7yrs€82.00k0%
€ 0

2.7yrs

Average Tenure

56yo

Average Age

Experienced Board: SIM's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.


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