Varta Management

Management criteria checks 0/4

We currently do not have sufficient information about the CEO.

Key information

Michael Ostermann

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenureless than a year
CEO ownershipn/a
Management average tenure1.5yrs
Board average tenure1.2yrs

Recent management updates

Recent updates


CEO

Michael Ostermann (59 yo)

less than a year

Tenure

Mr. Michael Ostermann is CEO & Member of Executive Board of Varta AG from 2024. Mr. Ostermann was Chief Executive Officer of Varta AG from October 2024 to 2024. Mr. Ostermann was Chairman of Executive Boar...


Leadership Team

NamePositionTenureCompensationOwnership
Michael Tojner
Owner & Chairman of Supervisory Boardno data€138.00kno data
Markus Hackstein
Chairman of Management Boardless than a year€468.00kno data
Rainer Hald
CTO & Member of Management Board2.9yrs€548.00kno data
Michael Ostermann
CEO & Member of Executive Boardless than a yearno datano data
Marc Hundsdorf
CFO & Member of Management Board1.6yrsno datano data
Michael Giesswein
Member of Management Board & Chief Restructuring Officer1.5yrsno datano data

1.5yrs

Average Tenure

55.5yo

Average Age

Experienced Management: 0GYQ's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Michael Tojner
Owner & Chairman of Supervisory Board8.3yrs€138.00kno data
Sven Quandt
Member of the Supervisory Board8.7yrs€63.00kno data
Martin Ohneberg
Member of the Supervisory Board3.5yrs€55.00kno data
Gunther Apfalter
Member of the Supervisory Board1.4yrsno datano data
Michael Pistauer
Member of the Supervisory Board5.6yrs€70.00kno data
Harald Sommerer
Member of Supervisory Board8.7yrs€90.00kno data
Thomas Kopf
Employee Representative Member of the Supervisory Boardless than a yearno datano data
Oliver Milbich
Employee Representative Vice Chairman of the Supervisory Boardless than a yearno datano data
Bernd Jandl
Employee Representative Member of the Supervisory Boardless than a yearno datano data
Katja Kalkreuter
Employee Representative Member of the Supervisory Boardless than a yearno datano data
Juliane Deak
Employee Representative Member of the Supervisory Boardless than a yearno datano data
Josef Reichhart
Employee Representative Member of the Supervisory Boardless than a yearno datano data

1.2yrs

Average Tenure

54yo

Average Age

Experienced Board: 0GYQ's board of directors are not considered experienced ( 1.2 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 16:22
End of Day Share Price 2024/12/20 00:00
Earnings2023/09/30
Annual Earnings2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Varta AG is covered by 13 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yasmin SteilenBerenberg
Gerhard OrgonasBerenberg
Christopher FerraraBofA Global Research