Compagnie de Saint-Gobain Management

Management criteria checks 4/4

Compagnie de Saint-Gobain's CEO is Benoit Bazin, appointed in Jul 2021, has a tenure of 3.17 years. total yearly compensation is €5.36M, comprised of 18.7% salary and 81.3% bonuses, including company stock and options. directly owns 0.03% of the company’s shares, worth €12.68M. The average tenure of the management team and the board of directors is 5.7 years and 6.3 years respectively.

Key information

Benoit Bazin

Chief executive officer

€5.4m

Total compensation

CEO salary percentage	18.7%
CEO tenure	3.2yrs
CEO ownership	0.03%
Management average tenure	5.7yrs
Board average tenure	6.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Benoit Bazin's remuneration changed compared to Compagnie de Saint-Gobain's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	€3b
Mar 31 2024	n/a	n/a	€3b
Dec 31 2023	€5m	€1m	€3b
Sep 30 2023	n/a	n/a	€3b
Jun 30 2023	n/a	n/a	€3b
Mar 31 2023	n/a	n/a	€3b
Dec 31 2022	€5m	€1m	€3b
Sep 30 2022	n/a	n/a	€3b
Jun 30 2022	n/a	n/a	€3b
Mar 31 2022	n/a	n/a	€3b
Dec 31 2021	€5m	€875k	€3b
Sep 30 2021	n/a	n/a	€2b
Jun 30 2021	n/a	n/a	€2b
Mar 31 2021	n/a	n/a	€1b
Dec 31 2020	€3m	€695k	€456m
Sep 30 2020	n/a	n/a	€370m
Jun 30 2020	n/a	n/a	€283m
Mar 31 2020	n/a	n/a	€845m
Dec 31 2019	€2m	€750k	€1b

Compensation vs Market: Benoit's total compensation ($USD5.99M) is about average for companies of similar size in the UK market ($USD5.77M).

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

CEO

Benoit Bazin (56 yo)

3.2yrs

Tenure

€5,358,812

Compensation

Mr. Benoit Bazin serves as Chief Executive Officer of Compagnie de Saint-Gobain S.A. since July 1, 2021 and serves as its Director since June 3, 2021 and serves as its Chairman since June 06, 2024. Mr. Baz...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Benoit Bazin	Chairman & CEO	3.2yrs	€5.36m	0.030% € 12.7m
Sreedhar N.	Chief Financial Officer	5.7yrs	no data	no data
Benoit d'Iribarne	Senior Vice-President of Technology & Industrial Performance	5.7yrs	no data	no data
Ursula Soritsch-Renier	Chief Digital & Information Officer	3.5yrs	no data	no data
Vivien Dardel	Head of Financial Communication & Investor Relations	7.5yrs	no data	no data
Antoine Vignial	Corporate Secretary & Group General Counsel	12.7yrs	no data	no data
Laurence Pernot	Vice-President of Communications	6.9yrs	no data	no data
Christian Bako	Vice President of Marketing & Development	less than a year	no data	no data
Claire Pedini	Senior VP of HR & Corporate Social Responsibility	14.3yrs	no data	no data
David Molho	CEO of High Performance Solutions	no data	no data	no data
Thierry Fournier	Senior VP and CEO of Southern Europe	5.7yrs	no data	no data
Patrick Dupin	Senior VP & CEO of Northern Europe Region	7.7yrs	no data	no data

5.7yrs

Average Tenure

56yo

Average Age

Experienced Management: SGOP's management team is seasoned and experienced (5.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Benoit Bazin	Chairman & CEO	3.3yrs	€5.36m	0.030% € 12.7m
Pierre-Andre de Chalendar	Honorary Chairman	less than a year	€453.30k	0.090% € 37.9m
Jean-Louis Beffa	Honorary Chairman	no data	no data	no data
Gilles Schnepp	Director	15.3yrs	€107.50k	0.00024% € 100.8k
Jean-Francois Cirelli	Lead Independent Director & Vice-Chairman of the Board	4.3yrs	€118.67k	0.00026% € 109.2k
Yvette M. Leroy	Independent Director	6.8yrs	€128.42k	0.00024% € 100.8k
Agnes Lemarchand	Independent Director	11.3yrs	€104.58k	0.00045% € 189.1k
Pamela Knapp	Independent Director	11.3yrs	€126.43k	0.00036% € 151.2k
Thierry Delaporte	Independent Director	2.3yrs	€87.91k	0.00036% € 151.2k
Lydie Cortes	Employee Director	6.3yrs	€115.92k	0% € 0
Philippe Thibaudet	Employee Director	6.3yrs	€101.18k	0% € 0
Sibylle Daunis Opfermann	Employee Shareholder Director	4.5yrs	€87.91k	0.00056% € 235.3k

6.3yrs

Average Tenure

63yo

Average Age

Experienced Board: SGOP's board of directors are considered experienced (6.3 years average tenure).

Compagnie de Saint-Gobain Management

Management criteria checks 4/4

Key information

Recent management updates

Compagnie de Saint-Gobain S.A. Announces Executive Changes

Compagnie de Saint-Gobain S.A., Annual General Meeting, Jun 08, 2023

Recent updates

Aldebaran Capital Partners and Bpifrance Investissement SAS entered into exclusive negotiations to acquire Pam Building Limited from Compagnie de Saint-Gobain S.A. (ENXTPA:SGO).

Aldebaran Capital Partners and Bpifrance Investissement SAS entered into exclusive negotiations to acquire Pam Building Limited from Compagnie de Saint-Gobain S.A. (ENXTPA:SGO).

Compagnie de Saint-Gobain S.A. (ENXTPA:SGO) entered into a definitive agreement to acquire Cemix Mexico, S.A. De C.V. for approximately $820 million.

Compagnie de Saint-Gobain S.A. (ENXTPA:SGO) completed the acquisition of CSR Limited (ASX:CSR) from a group of sellers.

Compagnie de Saint-Gobain S.A. (ENXTPA:SGO) completed the acquisition of CSR Limited (ASX:CSR) from a group of sellers.

Compagnie de Saint-Gobain S.A. (ENXTPA:SGO) entered into a definitive agreement to acquire Fosroc International Ltd. for €960 million.

Compagnie De Saint-Gobain S.A. Approves 2023 Dividend Payment, Payable from June 12, 2024

Dividend increased to €2.10

Full year 2023 earnings released: EPS: €5.26 (vs €5.84 in FY 2022)

Compagnie De Saint-Gobain S.A. Recommends Payment of Cash Dividend for 2023, Payable on June 12, 2024

Saint Gobain in Talks to Buy Australia's CSR

Compagnie de Saint-Gobain S.A. (ENXTPA:SGO) acquired International Cellulose Corporation.

Compagnie de Saint-Gobain S.A. (ENXTPA:SGO) agreed to acquire Glass Service, a.s.

Compagnie de Saint-Gobain S.A. (ENXTPA : SGO) acquired Menkol Industries Private Limited.

Compagnie de Saint-Gobain S.A. Announces Executive Changes

Compagnie de Saint-Gobain S.A. (ENXTPA:SGO) entered into a definitive agreement to acquire Izomaks Industries LLC.

Compagnie de Saint-Gobain S.A. to Report Fiscal Year 2023 Results on Feb 29, 2024

Compagnie de Saint-Gobain S.A. (ENXTPA:SGO) entered into a definitive agreement to acquire Adfil NV.

Compagnie de Saint-Gobain S.A. (ENXTPA:SGO) completed the acquisition of Building Products of Canada Corp.

First half 2023 earnings released: EPS: €2.84 (vs €3.34 in 1H 2022)

Compagnie de Saint-Gobain S.A. (ENXTPA:SGO) acquired United Paints & Chemicals, S.A.E.

Compagnie de Saint-Gobain S.A. (ENXTPA:SGO) acquired United Paints & Chemicals, S.A.E.

Compagnie de Saint-Gobain S.A. (ENXTPA:SGO) entered into a definitive agreement to acquire Building Products of Canada Corp. for CAD 1.3 Billion.

Compagnie de Saint-Gobain S.A. (ENXTPA:SGO) entered into a definitive agreement to acquire Building Products of Canada Corp. for CAD 1.3 Billion.

Upcoming dividend of €2.00 per share at 3.7% yield

Now 23% undervalued after recent price drop

Now 21% undervalued

Full year 2022 earnings released: EPS: €5.84 (vs €4.79 in FY 2021)

Now 20% undervalued

Compagnie de Saint-Gobain S.A. (ENXTPA:SGO) acquired Termica San Luis S.A.

Compagnie de Saint-Gobain S.A. (ENXTPA:SGO) acquired Matchem.

Stark Group A/S signed an agreement to acquire Saint-Gobain Building Distribution Limited from Compagnie de Saint-Gobain S.A. (ENXTPA:SGO).

Compagnie de Saint-Gobain S.A., Annual General Meeting, Jun 08, 2023

Trelleborg Sealing Solutions Germany GmbH completed the acquisition of Saint-Gobain Performance Plastics Mg Silikon GmbH from Compagnie de Saint-Gobain S.A. (ENXTPA:SGO).

Compagnie de Saint-Gobain S.A. to Report Fiscal Year 2022 Results on Feb 23, 2023

Compagnie de Saint-Gobain S.A. (ENXTPA:SGO) acquired unknown minority stake in Megasol Energie Ag.

Compagnie de Saint-Gobain S.A. (ENXTPA:SGO) completed the acquisition of GCP Applied Technologies Inc. (NYSE:GCP) from a group of shareholders.

Edgewater Capital Management, LLC and SK Capital Partners entered into a binding offer to acquire Saint-Gobain Crystals from Compagnie de Saint-Gobain S.A. (ENXTPA:SGO) for an enterprise value of $214 million

Compagnie De Saint-Gobain S.A. Provides Earnings Guidance for the Year 2022

First half 2022 earnings released

Trelleborg Sealing Solutions Germany GmbH agreed to acquire Saint-Gobain Performance Plastics Mg Silikon GmbH from Compagnie de Saint-Gobain S.A. (ENXTPA:SGO).

Jem & Fix A/S agreed to acquire Protrae A/S from Compagnie de Saint-Gobain S.A. (ENXTPA:SGO).

Investor sentiment deteriorated over the past week

Chiltern Capital LLP along with John Bagshaw, Managing Director of International Decorative Surfaces acquired International Decorative Surfaces from Compagnie de Saint-Gobain S.A. (ENXTPA:SGO).

Compagnie de Saint-Gobain S.A. (ENXTPA:SGO) entered into a definitive agreement to acquire Kaycan Ltd. from family for approximately $930 million.

Upcoming dividend of €1.63 per share

AEQUITA SE & Co KGaA entered into an agreement to acquire Glas Ziegler Ges.M.B.H/ECKELT GLAS GmbH from Compagnie de Saint-Gobain S.A. (ENXTPA:SGO).

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age