COFACE Management
Management criteria checks 2/4
COFACE's CEO is Xavier Durand, appointed in Feb 2016, has a tenure of 8.25 years. total yearly compensation is €3.07M, comprised of 24.4% salary and 75.6% bonuses, including company stock and options. directly owns 0.18% of the company’s shares, worth €3.82M. The average tenure of the management team and the board of directors is 7.1 years and 3.3 years respectively.
Key information
Xavier Durand
Chief executive officer
€3.1m
Total compensation
| CEO salary percentage | 24.4% |
| CEO tenure | 8.3yrs |
| CEO ownership | 0.2% |
| Management average tenure | 7.1yrs |
| Board average tenure | 3.3yrs |
Recent management updates
Recent updates
The COFACE SA (EPA:COFA) Yearly Results Are Out And Analysts Have Published New Forecasts
Mar 02
Could The COFACE SA (EPA:COFA) Ownership Structure Tell Us Something Useful?
Mar 15How Does COFACE SA (EPA:COFA) Fare As A Dividend Stock?
Feb 17What Type Of Returns Would COFACE's(EPA:COFA) Shareholders Have Earned If They Purchased Their SharesYear Ago?
Jan 21
Do Institutions Own COFACE SA (EPA:COFA) Shares?
Nov 30CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | €241m |
| Sep 30 2023 | n/a | n/a | €287m |
| Jun 30 2023 | n/a | n/a | €277m |
| Mar 31 2023 | n/a | n/a | €292m |
| Dec 31 2022 | €3m | €750k | €240m |
| Sep 30 2022 | n/a | n/a | €219m |
| Jun 30 2022 | n/a | n/a | €235m |
| Mar 31 2022 | n/a | n/a | €220m |
| Dec 31 2021 | €3m | €750k | €224m |
| Sep 30 2021 | n/a | n/a | €221m |
| Jun 30 2021 | n/a | n/a | €182m |
| Mar 31 2021 | n/a | n/a | €127m |
| Dec 31 2020 | €2m | €692k | €83m |
| Sep 30 2020 | n/a | n/a | €82m |
| Jun 30 2020 | n/a | n/a | €92m |
| Mar 31 2020 | n/a | n/a | €123m |
| Dec 31 2019 | €2m | €575k | €147m |
| Sep 30 2019 | n/a | n/a | €141m |
| Jun 30 2019 | n/a | n/a | €138m |
| Mar 31 2019 | n/a | n/a | €123m |
| Jan 01 2019 | n/a | n/a | €122m |
| Sep 30 2018 | n/a | n/a | €126m |
| Jun 30 2018 | n/a | n/a | €126m |
| Mar 31 2018 | n/a | n/a | €111m |
| Jan 01 2018 | n/a | n/a | €83m |
Compensation vs Market: Xavier's total compensation ($USD3.27M) is above average for companies of similar size in the French market ($USD1.46M).
Compensation vs Earnings: Xavier's compensation has increased by more than 20% in the past year.
CEO
Xavier Durand (59 yo)
8.3yrs
Tenure
€3,069,250
Compensation
Mr. Xavier Pascal Durand has been Chief Executive Officer of Coface SA since February 9, 2016 and was its MD. Mr. Durand serves as Chairman of Management Board at COFACE SA. Mr. Durand has been Chief Execu...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman of Management Board | 8.3yrs | €3.07m | 0.18% € 3.8m | |
| Member of Management Board and Chief Financial & Risk Officer | 2.7yrs | no data | 0.014% € 299.1k | |
| General Secretary & Member of Management Board | 8.8yrs | no data | 0.022% € 471.7k | |
| Group Chief Underwriting Director & Member of Management Board | 7.1yrs | no data | 0.022% € 471.7k | |
| Group Commercial Director & Member of Management Board | no data | no data | 0.022% € 471.7k | |
| Strategy & Business Development Director and Member of Management Board | 7.9yrs | no data | 0.076% € 1.6m | |
| Group COO & Member of Management Board | 6.6yrs | no data | 0.0083% € 179.3k | |
| Business Technology Director & Member of Management Board | 5.5yrs | no data | 0.0050% € 108.4k | |
| Chief Human Resources Officer & Member of Management Board | 7.3yrs | no data | 0.013% € 286.6k | |
| Head of Investor Relations & Rating Agencies | 7.7yrs | no data | no data | |
| Chief Executive Officer of Western Europe Region | 2.3yrs | no data | no data | |
| Chief Executive Officer of Latin America Region | 2.7yrs | no data | no data |
7.1yrs
Average Tenure
57.5yo
Average Age
Experienced Management: COFA's management team is seasoned and experienced (7.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Chairman of the Board | 3.3yrs | €180.00k | 0.00067% € 14.5k | |
| Non-Independent Director | 3.3yrs | €39.00k | 0.0086% € 184.9k | |
| Independent Director | 9.8yrs | €49.00k | 0.00067% € 14.5k | |
| Non-Independent Director | 2.8yrs | €41.00k | 0.00067% € 14.5k | |
| Independent Director | 2yrs | €41.00k | 0.00080% € 17.3k | |
| Non-Independent Director | 3.3yrs | €41.00k | 0.00067% € 14.5k | |
| Non-Independent Director | 3.3yrs | €26.00k | 0.00067% € 14.5k | |
| Independent Director | 6.8yrs | €56.00k | 0.00067% € 14.5k | |
| Independent Director | 6.8yrs | €58.00k | 0.00067% € 14.5k | |
| Independent Director | 2yrs | €58.00k | 0.00067% € 14.5k |
3.3yrs
Average Tenure
54yo
Average Age
Experienced Board: COFA's board of directors are considered experienced (3.3 years average tenure).