Carrefour Management

Management criteria checks 4/4

Carrefour's CEO is Alexandre Bompard, appointed in Jul 2017, has a tenure of 7.33 years. total yearly compensation is €4.54M, comprised of 35.2% salary and 64.8% bonuses, including company stock and options. directly owns 0.16% of the company’s shares, worth €15.18M. The average tenure of the management team and the board of directors is 7.1 years and 7.4 years respectively.

Key information

Alexandre Bompard

Chief executive officer

€4.5m

Total compensation

CEO salary percentage	35.2%
CEO tenure	7.3yrs
CEO ownership	0.2%
Management average tenure	7.1yrs
Board average tenure	7.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Alexandre Bompard's remuneration changed compared to Carrefour's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	€837m
Mar 31 2024	n/a	n/a	€884m
Dec 31 2023	€5m	€2m	€930m
Sep 30 2023	n/a	n/a	€1b
Jun 30 2023	n/a	n/a	€1b
Mar 31 2023	n/a	n/a	€1b
Dec 31 2022	€4m	€2m	€1b
Sep 30 2022	n/a	n/a	€1b
Jun 30 2022	n/a	n/a	€993m
Mar 31 2022	n/a	n/a	€998m
Dec 31 2021	€4m	€2m	€1b
Sep 30 2021	n/a	n/a	€971m
Jun 30 2021	n/a	n/a	€939m
Mar 31 2021	n/a	n/a	€801m
Dec 31 2020	€4m	€1m	€663m
Sep 30 2020	n/a	n/a	€540m
Jun 30 2020	n/a	n/a	€416m
Mar 31 2020	n/a	n/a	€223m
Dec 31 2019	€7m	€2m	€29m
Sep 30 2019	n/a	n/a	€14m
Jun 30 2019	n/a	n/a	-€1m
Mar 31 2019	n/a	n/a	-€94m
Dec 31 2018	€7m	€2m	-€188m
Sep 30 2018	n/a	n/a	-€586m
Jun 30 2018	n/a	n/a	-€984m
Mar 31 2018	n/a	n/a	-€619m
Dec 31 2017	€3m	€750k	-€254m

Compensation vs Market: Alexandre's total compensation ($USD4.80M) is about average for companies of similar size in the UK market ($USD5.70M).

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

CEO

Alexandre Bompard (52 yo)

7.3yrs

Tenure

€4,540,900

Compensation

Mr. Alexandre Bompard has been the Chairman and Chief Executive Officer at Carrefour SA July 18, 2017. Mr. Bompard has been Chief Executive Officer of the Fnac Darty group since July 20, 2016 until Novembe...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Alexandre Bompard	Chairman & CEO	7.3yrs	€4.54m	0.16% € 15.2m
Matthieu Malige	Chief Financial Officer	7.1yrs	no data	no data
Anthony Guglielmo	Investor Relations Director	no data	no data	no data
Charles Hufnagel	Executive Director of Communication for Group & France	4.2yrs	no data	no data
Caroline Dassie	Executive Director of Marketing & Customers for Group and France	3.2yrs	no data	no data
Jérôme Nanty	Executive Director of Human Resources & Assets for the Group & France	7.1yrs	no data	no data
Juan Cubillo	Head of Food Marketing	no data	no data	no data
Laurent Vallee	General Secretary & Executive Director of Northern Europe	7.3yrs	no data	no data
Pierre-Jean Jerome Sivignon	Advisor to The CEO	7.1yrs	€775.56k	no data

7.1yrs

Average Tenure

53yo

Average Age

Experienced Management: 0NPH's management team is seasoned and experienced (7.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Alexandre Bompard	Chairman & CEO	7.3yrs	€4.54m	0.16% € 15.2m
Charles Edelstenne	Independent Director	16.3yrs	€72.22k	0.00015% € 14.7k
Philippe J. Houze	Vice-Chairman of the Board	9.4yrs	€115.00k	0.00034% € 33.3k
Abilio dos Santos Diniz	Director	8.5yrs	€55.00k	0% € 0
Flavia de Almeida	Director	7.6yrs	€55.00k	0.00016% € 15.7k
Stephane Courbit	Independent Director	6.4yrs	€64.44k	0.00015% € 14.7k
Marie-Laure de Chalon	Independent Director	7.4yrs	€55.00k	0.00030% € 29.4k
Patricia Moulin-Lemoine	Director	9.4yrs	€55.00k	0.00018% € 17.6k
Stephane Israel	Lead Independent Director	6.4yrs	€135.00k	0.00023% € 22.5k
Aurore Domont	Independent Director	6.4yrs	€75.00k	0.00015% € 14.7k
Lucie Basch	Member of Food Advisory Committee	6.2yrs	no data	no data
Myriam Boure	Member of Food Advisory Committee	6.2yrs	no data	no data

7.4yrs

Average Tenure

60.5yo

Average Age

Experienced Board: 0NPH's board of directors are considered experienced (7.4 years average tenure).

Carrefour Management

Management criteria checks 4/4

Key information

Recent management updates

Carrefour SA, Annual General Meeting, May 24, 2024

Carrefour SA, Annual General Meeting, Jun 03, 2022

Carrefour Appoints Julien Munch as New Executive Director in Romania Operations as of March 1

Carrefour SA, Annual General Meeting, May 21, 2021

Recent updates

New minor risk - Profit margin trend

First half 2024 earnings released: EPS: €0.038 (vs €0.16 in 1H 2023)

Upcoming dividend of €0.87 per share

Full year 2023 earnings released: EPS: €1.30 (vs €1.85 in FY 2022)

Carrefour SA to Report Q2, 2024 Results on Jul 24, 2024

Carrefour SA, Annual General Meeting, May 24, 2024

Carrefour SA to Report Fiscal Year 2023 Results on Feb 20, 2024

Now 21% undervalued after recent price drop

Casino Confirms Receival of "Several" Bids for Hypermarkets

Carrefour SA (ENXTPA:CA) acquired Cora hypermarkets and stores in Romania from Louis Delhaize SA.

Carrefour SA (ENXTPA:CA) agreed to acquire 47 SuperCor supermarket from El Corte Inglés, S.A. for €60 million.

Now 21% undervalued

Now 21% undervalued

First half 2023 earnings released: EPS: €0.16 (vs €0.32 in 1H 2022)

Carrefour SA (ENXTPA:CA) entered into an agreement to acquire Cora and Match assets in France from Louis Delhaize SA for €1 billion.

Carrefour SA (ENXTPA:CA) entered into an agreement to acquire Cora and Match assets in France from Louis Delhaize SA for €1 billion.

Upcoming dividend of €0.56 per share at 2.9% yield

Now 20% undervalued

Now 20% undervalued

Now 21% undervalued

Full year 2022 earnings released: EPS: €1.85 (vs €1.31 in FY 2021)

Carrefour SA (ENXTPA:CA) announces an Equity Buyback for €800 million worth of its shares.

Carrefour SA to Report Fiscal Year 2022 Results on Feb 14, 2023

NEPI Rockcastle N.V. (JSE:NRP) acquired 50% stake in S.C. Ploiesti Shopping City S.R.L.

First half 2022 earnings released

President Chain Store Corporation (TWSE:2912) agreed to acquire 10.50% stake in Presicarre Corp. from Carrefour Netherlands B.V. for TWD 5.1 billion.

President Chain Store Corporation (TWSE:2912) agreed to acquire 10.50% stake in Presicarre Corp. from Carrefour Netherlands B.V. for TWD 5.1 billion.

Upcoming dividend of €0.52 per share

Flink SE acquired Cajoo Technology from Carrefour SA (ENXTPA:CA).

Carrefour SA, Annual General Meeting, Jun 03, 2022

Carrefour SA to Report Q1, 2022 Results on Apr 20, 2022

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

Carrefour SA to Report Q4, 2021 Results on Feb 16, 2022

Auchan Reportedly Considering Another Bid for Carrefour

Sherpa Capital Entidad Gestora, SGEIC, S.A. acquired Laboratorios Forenqui Sa from Mercadona S.A., Carrefour SA (ENXTPA:CA) and family.

Non-Independent Director Nicolas Bazire has left the company

Non-Independent Director Nicolas Bazire has left the company

Non-Independent Director Nicolas Bazire has left the company

Non-Independent Director Nicolas Bazire has left the company

Non-Independent Director Nicolas Bazire has left the company

Non-Independent Director Nicolas Bazire has left the company

Director Alexandre Arnault has left the company

Director Alexandre Arnault has left the company

Non-Independent Director Nicolas Bazire has left the company

Director Alexandre Arnault has left the company

Non-Independent Director Nicolas Bazire has left the company

Director Alexandre Arnault has left the company

Director Alexandre Arnault has left the company

Non-Independent Director Nicolas Bazire has left the company

Director Alexandre Arnault has left the company

Non-Independent Director Nicolas Bazire has left the company

Non-Independent Director Nicolas Bazire has left the company

Carrefour Reportedly Plans to Launch Sale of Taiwan Business

First half 2021 earnings released: EPS €0.34 (vs €0.03 loss in 1H 2020)

Carrefour Mulls Consolidation, Alliances or Divestitures for Foreign Units

Upcoming dividend of €0.48 per share

Carrefour SA (ENXTPA:CA) completed the acquisition of 172 convenience and supermarkets in Andalusia and the Madrid from Maxima Grupe, UAB.

Carrefour Appoints Julien Munch as New Executive Director in Romania Operations as of March 1

Carrefour SA, Annual General Meeting, May 21, 2021

Couche-Tard Reportedly in Merger Talks with Carrefour

Alimentation Couche-Tard Inc. (TSX:ATD.B) made a non-binding offer to acquire Carrefour SA (ENXTPA:CA) for €16.4 billion.

Investor sentiment improved over the past week

Alimentation Couche-Tard Initiates Discussions with Carrefour

New 90-day high: €15.05

Carrefour SA (ENXTPA:CA) completed the acquisition of Wellcome Taiwan Co., Ltd. from Dairy Farm International Holdings Limited (SGX:D01).

Carrefour SA to Report Q3, 2020 Results on Nov 10, 2020

Carrefour SA (ENXTPA:CA) agreed to acquire Bio c' Bon SAS for €60 million.

Carrefour SA to Report Fiscal Year 2020 Results on Feb 18, 2021

Carrefour SA to Report Q3, 2020 Results on Oct 28, 2020

Announced Merger/Acquisition Transaction - Target: Carrefour SA, Five Hypermarkets; Buyer(s): Bompreco Supermercados do Nordeste; Seller(s): Carrefour SA

Carrefour SA (ENXTPA:CA) reached an agreement to acquire 172 convenience stores and supermarkets in Andalusia and the Madrid from Maxima Grupe, UAB for an enterprise value of €78 million.