Erste Group Bank Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Peter Bosek

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	less than a year
CEO ownership	n/a
Management average tenure	5.3yrs
Board average tenure	9.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Peter Bosek's remuneration changed compared to Erste Group Bank's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	€3b
Jun 30 2024	n/a	n/a	€3b
Mar 31 2024	n/a	n/a	€3b
Dec 31 2023	n/a	n/a	€3b
Sep 30 2023	n/a	n/a	€3b
Jun 30 2023	n/a	n/a	€2b
Mar 31 2023	n/a	n/a	€2b
Dec 31 2022	n/a	n/a	€2b
Sep 30 2022	n/a	n/a	€2b
Jun 30 2022	n/a	n/a	€2b
Mar 31 2022	n/a	n/a	€2b
Dec 31 2021	n/a	n/a	€2b
Sep 30 2021	n/a	n/a	€1b
Jun 30 2021	n/a	n/a	€1b
Mar 31 2021	n/a	n/a	€840m
Dec 31 2020	€1m	€700k	€669m
Sep 30 2020	n/a	n/a	€779m
Jun 30 2020	n/a	n/a	€927m
Mar 31 2020	n/a	n/a	€1b
Dec 31 2019	€2m	€700k	€1b
Sep 30 2019	n/a	n/a	€2b
Jun 30 2019	n/a	n/a	€2b
Mar 31 2019	n/a	n/a	€2b
Dec 31 2018	€1m	€700k	€2b
Sep 30 2018	n/a	n/a	€1b
Jun 30 2018	n/a	n/a	€1b
Mar 31 2018	n/a	n/a	€1b
Dec 31 2017	€1m	€700k	€1b

Compensation vs Market: Insufficient data to establish whether Peter's total compensation is reasonable compared to companies of similar size in the UK market.

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

CEO

Peter Bosek (56 yo)

less than a year

Tenure

€1,468,597

Compensation

Dr. Peter Bosek, MP, is Chairman of the Management Board, CEO & Chief Retail Officer of Erste Group Bank AG from July 1, 2024. He has been Chief Executive Officer and Chairman of the Management Board at Lu...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Stefan Dorfler	CFO & Member of Management Board	5.3yrs	€1.91m	0.0025% € 511.9k
Alexandra Habeler-Drabek	Chief Risk Officer & Member of Management Board	5.3yrs	€1.91m	0.0017% € 352.3k
Ingo Bleier	Chief Corporates & Markets Officer and Member of Management Board	5.3yrs	€1.91m	0.0016% € 333.7k
Maurizio Poletto	COO, Chief Platform Officer & Member of Management Board	4.1yrs	€1.54m	0.0011% € 219.7k
Willibald Cernko	Advisor	less than a year	€1.97m	0.0026% € 540.9k
Peter Bosek	Chairman of the Management Board	less than a year	€1.47m	no data
Johannes Leobacher	Head of Corporate and Investment Banking Division	15.6yrs	€654.50k	no data
Thomas Sommerauer	Head of Group Investor Relations	13.8yrs	no data	no data
Henning Esskuchen	Head of Equity Research CEE	no data	no data	no data
Gernot Mittendorfer	Consultant	5.3yrs	€1.18m	no data
Manfred Neuwirth	Head of Group Markets Financial Institutions	no data	no data	no data
Bernhard Leder	Head of Group Markets Origination & Funding	no data	no data	no data

5.3yrs

Average Tenure

54yo

Average Age

Experienced Management: EBSV's management team is seasoned and experienced (5.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Maximilian Hardegg	Independent First Vice Chairman of Supervisory Board	9.5yrs	€178.19k	0.000060% € 12.4k
Friedrich Rödler	Chairman of the Supervisory Board	20.5yrs	€280.36k	0.00094% € 194.8k
Alois Flatz	Independent Member of the Supervisory Board	2.5yrs	€66.87k	no data
Karin Zeisel	Employee Representative of the Supervisory Board	16.3yrs	no data	0.000030% € 6.2k
Andreas Lachs	Employee Representative of the Supervisory Board	16.3yrs	no data	0.000040% € 8.3k
Markus Haag	Employee Representative Member of the Supervisory Board	2.5yrs	no data	0.000090% € 18.7k
Elisabeth Senger-Weiss	Independent Second Vice Chairwoman of the Supervisory Board	10.5yrs	€118.55k	no data
Barbara Pichler	Employee Representative of the Supervisory Board	16.3yrs	no data	0.00017% € 35.2k
Regina Haberhauer	Employee Representative of the Supervisory Board	9.5yrs	no data	0.000090% € 18.7k
Jozef Pinter	Employee Representative of the Supervisory Board	9.4yrs	no data	0.000040% € 8.3k
Marion Khuny	Independent Member of the Supervisory Board	7.5yrs	€103.80k	no data
Christine Catasta	Independent Member of the Supervisory Board	2.5yrs	€63.25k	no data

9.5yrs

Average Tenure

58yo

Average Age

Experienced Board: EBSV's board of directors are considered experienced (9.5 years average tenure).

Erste Group Bank Management

Management criteria checks 3/4

Key information

Recent management updates

Erste Group Bank AG Appoints Ulrike Gehmacher as Head of Sustainability Effective July 1, 2023

Erste Group Bank AG Approves Election of Mag. Christiane Tusek to the Supervisory Board

Erste Group Bank AG Appoints Willi Cernko as the New Ceo, Effective July 1, 2022

Bernd Spalt Not to Renew Contract as CEO of Erste Group Bank AG, Runs Until 30 June 2023

Erste Group Announces Management Changes

Recent updates

Erste Group Bank AG to Report First Half, 2025 Results on Aug 01, 2025

First quarter 2024 earnings released: EPS: €1.87 (vs €1.39 in 1Q 2023)

Dividend increased to €2.70

Full year 2023 earnings released: EPS: €7.43 (vs €4.83 in FY 2022)

New minor risk - Shareholder dilution

Dividend increased to €2.70

Dividend increased to €2.70

Third quarter 2023 earnings released: EPS: €1.90 (vs €1.19 in 3Q 2022)

Erste Group Bank AG to Report Fiscal Year 2023 Results on Feb 29, 2024

Erste Group Bank AG to Report First Half, 2024 Results on Aug 02, 2024

Second quarter 2023 earnings released: EPS: €2.09 (vs €1.49 in 2Q 2022)

New major risk - Revenue and earnings growth

Erste Group Bank AG Appoints Ulrike Gehmacher as Head of Sustainability Effective July 1, 2023

Erste Group Bank AG Approves Election of Mag. Christiane Tusek to the Supervisory Board

Upcoming dividend of €1.90 per share at 5.7% yield

First quarter 2023 earnings released: EPS: €1.39 (vs €1.05 in 1Q 2022)

Investor sentiment deteriorates as stock falls 18%

Full year 2022 earnings released: EPS: €5.32 (vs €4.17 in FY 2021)

Erste Group Bank AG (WBAG:EBS) completed the acquisition of Commerzbank Zrt. from Commerzbank AG (XTRA:CBK).

Erste Group Bank AG to Report First Half, 2023 Results on Jul 31, 2023

Second quarter 2022 earnings released: EPS: €1.62 (vs €1.15 in 2Q 2021)

Erste Group Plans to Pay Dividend for the financial year 2022

Erste Group Bank AG Appoints Willi Cernko as the New Ceo, Effective July 1, 2022

Bernd Spalt Not to Renew Contract as CEO of Erste Group Bank AG, Runs Until 30 June 2023

Erste Group Bank AG Proposes Dividend for the 2021 Fiscal Year

First quarter 2022 earnings released: EPS: €1.05 (vs €0.78 in 1Q 2021)

Investor sentiment improved over the past week

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Investor sentiment deteriorated over the past week

Erste Group Bank AG (WBAG:EBS) agreed to acquire Commerzbank Zrt. from Commerzbank AG (XTRA:CBK).

Third quarter 2021 earnings released: EPS €1.25 (vs €0.81 in 3Q 2020)

Second quarter 2021 earnings released: EPS €1.32 (vs €0.14 in 2Q 2020)

First quarter 2021 earnings released

Full year 2020 earnings released: EPS €1.93 (vs €3.23 in FY 2019)

New 90-day high: €27.26

New 90-day high: €27.14

New 90-day high: €26.27

New 90-day high: €25.54

Erste Group Announces Management Changes

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age