Valeo Management

Management criteria checks 3/4

Valeo's CEO is Christophe Perillat-Piratoine, appointed in Mar 2011, has a tenure of 13.67 years. total yearly compensation is €3.88M, comprised of 25.1% salary and 74.9% bonuses, including company stock and options. directly owns 0.1% of the company’s shares, worth €1.97M. The average tenure of the management team and the board of directors is 8.8 years and 5 years respectively.

Key information

Christophe Perillat-Piratoine

Chief executive officer

€3.9m

Total compensation

CEO salary percentage	25.1%
CEO tenure	13.7yrs
CEO ownership	0.1%
Management average tenure	8.8yrs
Board average tenure	5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Christophe Perillat-Piratoine's remuneration changed compared to Valeo's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	€243m
Mar 31 2024	n/a	n/a	€232m
Dec 31 2023	€4m	€975k	€221m
Sep 30 2023	n/a	n/a	€309m
Jun 30 2023	n/a	n/a	€397m
Mar 31 2023	n/a	n/a	€314m
Dec 31 2022	€3m	€958k	€230m
Sep 30 2022	n/a	n/a	€134m
Jun 30 2022	n/a	n/a	€37m
Mar 31 2022	n/a	n/a	€106m
Dec 31 2021	€2m	€434k	€175m

Compensation vs Market: Christophe's total compensation ($USD4.07M) is above average for companies of similar size in the UK market ($USD2.20M).

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

CEO

Christophe Perillat-Piratoine (59 yo)

13.7yrs

Tenure

€3,879,743

Compensation

Mr. Christophe Perillat-Piratoine has been Chief Executive Officer of Valeo SE since January 26, 2022 and its Director since May 26, 2021. He served as the Deputy Chief Executive Officer of Valeo SE since...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Christophe Perillat-Piratoine	CEO & Director	13.7yrs	€3.88m	0.10% € 2.0m
Edouard de Pirey	Chief Financial Officer	less than a year	no data	no data
Geoffrey Bouquot	Chief Technology Officer & VP of Strategy	no data	no data	no data
Francois Marion	Senior Vice-President of Group Corporate Communication & Investor Relations	no data	no data	no data
Catherine Delhaye	Chief Ethics & Compliance Officer and Data Protection Officer	12.8yrs	no data	no data
Eric Fredette	Group General Counsel & General Secretary	9.8yrs	no data	no data
Detlef Juerss	Senior Vice President of Group Sales & Business Development	no data	no data	no data
Agnes Park	Group Chief Human Resources Officer	2.3yrs	no data	no data
Eric Schuler	President of Valeo Service Activity	8.8yrs	no data	no data
Maurizio Martinelli	CEO of Valeo Light Division & Valeo Group Executive VP	less than a year	no data	no data
Marc Vrecko	CEO of Valeo Brain Division & Executive VP of Valeo Group	less than a year	no data	no data
Xavier Dupont	President of Powertrain & Thermal Systems Business Group	9yrs	no data	no data

8.8yrs

Average Tenure

58yo

Average Age

Experienced Management: FRP's management team is seasoned and experienced (8.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Christophe Perillat-Piratoine	CEO & Director	3.5yrs	€3.88m	0.10% € 2.0m
Patrick Sayer	Independent Director	5.5yrs	€94.00k	0.0048% € 95.2k
Gilles Michel	Independent Chairman	6.5yrs	€363.84k	0.0010% € 20.3k
Bruno Bezard	Independent Director	7.1yrs	€67.00k	no data
Alexandre Dayon	Independent director	2.3yrs	€73.00k	0.0062% € 122.0k
Veronique Weill	Independent Director	8.5yrs	€91.00k	0.00098% € 19.4k
Marie-Noelle Jego-Laveissiere	Independent Director	8.5yrs	€70.00k	0.00062% € 12.2k
Stéphanie Frachet	Independent Director	5.4yrs	€88.00k	0.00062% € 12.2k
Eric Chauvirey	Employee Representative Director	less than a year	€47.60k	no data
Julie Avrane-Chopard	Independent Director - Permanent Representative of the Fonds Stratégique de Participations	4.7yrs	€70.00k	no data
Grzegorz Szelag	Employee Representative Director	4yrs	€70.00k	0.000090% € 1.8k
Eric Poton	Employee Representative Director	3.4yrs	€70.00k	0.000020% € 394.9

5.0yrs

Average Tenure

56.5yo

Average Age

Experienced Board: FRP's board of directors are considered experienced (5 years average tenure).

Valeo Management

Management criteria checks 3/4

Key information

Recent management updates

Valeo SE, Annual General Meeting, May 23, 2024

Valeo SE, Annual General Meeting, May 24, 2023

Valeo SE, Annual General Meeting, May 24, 2022

Valeo SA, Annual General Meeting, May 26, 2021

Recent updates

Valeo SE to Report Fiscal Year 2024 Results on Feb 27, 2025

Valeo SE(ENXTPA:FR) dropped from FTSE All-World Index (USD)

Valeo SE Revises Earnings Guidance for the Year 2024 and Year 2025

Valeo SE Revises Earnings Guidance for the Year 2024 and Year 2025

Valeo SE Approves Dividend Distribution, Will Be Paid on May 30, 2024

Upcoming dividend of €0.40 per share

Dividend increased to €0.40

Valeo SE Reaffirms Sales Guidance for the Years 2024 and 2025

Dividend increased to €0.40

Valeo SE(ENXTPA:FR) dropped from S&P EUROPE 350 - Automobiles & Components (Industry Group)

New minor risk - Earnings quality

Full year 2023 earnings released: EPS: €0.91 (vs €0.95 in FY 2022)

Ooo "nauchno-proizvodstvenniy Kompleks "avtopribor" signed an agreement to acquire Valeo's poduction assets of its Thermal Systems Business in Russia.

Ooo "nauchno-proizvodstvenniy Kompleks "avtopribor" signed an agreement to acquire Production assets of Powertrain Systems business in Russia from Valeo SE (ENXTPA:FR).

First half 2023 earnings released: EPS: €0.49 (vs €0.20 loss in 1H 2022)

Valeo SE Reaffirms Earnings Guidance for the Year 2023

Valeo SE to Report Fiscal Year 2023 Results on Feb 29, 2024

Valeo SE, Annual General Meeting, May 23, 2024

Valeo Approves Dividend Distribution for 2022, Payable on May 31, 2023

Upcoming dividend of €0.38 per share at 2.0% yield

Investor sentiment deteriorates as stock falls 16%

Full year 2022 earnings released: EPS: €0.95 (vs €0.73 in FY 2021)

Valeo SE, Annual General Meeting, May 24, 2023

Valeo SE to Report Fiscal Year 2022 Results on Feb 23, 2023

First half 2022 earnings released

Valeo SE (ENXTPA:FR) completed the acquisition of remaining 50% stake in Valeo Siemens eAutomotive Germany GmbH from Siemens Aktiengesellschaft (XTRA:SIE).

Upcoming dividend of €0.35 per share

Valeo SE, Annual General Meeting, May 24, 2022

Investor sentiment deteriorated over the past week

Valeo SE (ENXTPA:FR) entered into an agreement to acquire 50% stake in Valeo Siemens eAutomotive Germany GmbH from Siemens Aktiengesellschaft (XTRA:SIE).

Valeo, Presents Its Third Generation Scanning LiDAR

Investor sentiment improved over the past week

First half 2021 earnings released: EPS €0.37 (vs €5.08 loss in 1H 2020)

Employee Representative Director Eric Chauvirey has left the company

Carlyle, Bain, Mahle Reportedly Submit Preliminary Bids for $5.8 Billion Stake in Hanon Systems

Hanon Systems Reportedly Set to Get Preliminary Bids for Controlling Stake

Upcoming dividend of €0.30 per share

New 90-day low: €29.10

Revenue beats expectations

Valeo SA, Annual General Meeting, May 26, 2021

New 90-day high: €33.81

Valeo SA to Report First Half, 2020 Results on Jul 21, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age