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Aareal Bank Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Jochen Klosges

Chief executive officer

€777.0k

Total compensation

CEO salary percentage47.1%
CEO tenure1.8yrs
CEO ownershipn/a
Management average tenure3.2yrs
Board average tenureless than a year

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jochen Klosges's remuneration changed compared to Aareal Bank's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2023n/an/a

€170m

Dec 31 2022n/an/a

€138m

Sep 30 2022n/an/a

€98m

Jun 30 2022n/an/a

€79m

Mar 31 2022n/an/a

€52m

Dec 31 2021€777k€366k

€53m

Compensation vs Market: Jochen's total compensation ($USD831.02K) is below average for companies of similar size in the UK market ($USD1.95M).

Compensation vs Earnings: Insufficient data to compare Jochen's compensation with company performance.


CEO

Jochen Klosges (59 yo)

1.8yrs

Tenure

€777,000

Compensation

Mr. Jochen Klosges has been the Chairman of the Management Board and Chief Executive Officer at Aareal Bank AG since September 15, 2021. He serves as Chairman of the Supervisory Board at Aareon AG. He has...


Leadership Team

NamePositionTenureCompensationOwnership
Jochen Klosges
Chairman of the Management Board & CEO1.8yrs€777.00kno data
Marc Hess
CFO & Member of the Management Board4.7yrs€1.81mno data
Christof Winkelmann
Chief Market Officer & Member of the Management Board6.9yrs€1.79mno data
Thomas Ortmanns
Advisor1.8yrs€1.33mno data
Nina Babic
Chief Risk Officer & Member of the Management Boardless than a yearno datano data
Holger Spielberg
Group Managing Director of Group Technologyno datano datano data
Jurgen Junginger
Head of Investor Relationsno datano datano data
Christian Fahrner
Managing Director of Banking & Digital Solutions (BDS)no datano datano data
Rene Steurer
Group Managing Director of Corporate Strategy6.9yrsno datano data
Severin Schöttmer
Managing Director of Special Property Financeno datano datano data
Lars Ernst
Managing Director of Banking & Digital Solutions (BDS)no datano datano data
Frank Höfling
Managing Director of IT & Organisation Services - Data Officeno datano datano data

3.2yrs

Average Tenure

55yo

Average Age

Experienced Management: ARL0D's management team is considered experienced (3.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Sylvia Seignette
Independent Member of the Supervisory Board8.1yrs€126.14kno data
Marika Lulay
Member of the Supervisory Boardless than a yearno datano data
Henning Herbert Giesecke
Member of the Supervisory Boardless than a yearno datano data
Denis Hall
Member of the Supervisory Boardless than a yearno datano data
José Álvarez
Member of the Supervisory Boardless than a yearno datano data
Barbara Knoflach
Deputy Chairwoman of the Supervisory Boardless than a yearno datano data
Hermann Wagner
Independent Chairman of the Supervisory Board8.1yrs€119.74kno data
Hans-Hermann Lotter
Member of the Supervisory Boardless than a yearno datano data
Petra Heinemann-Specht
Employee Representative Member of the Supervisory Board5.2yrs€131.92kno data
Klaus Novatius
Employee Representative Deputy Chairman of the Supervisory Board4.4yrs€162.00kno data
Jan Lehmann
Employee Representative Member of the Supervisory Board3.1yrs€97.22kno data
Sylwia Bach
Employee Representative Member of the Supervisory Boardless than a yearno datano data

0.8yrs

Average Tenure

59yo

Average Age

Experienced Board: ARL0D's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/06/06 03:35
End of Day Share Price 2023/03/17 00:00
Earnings2023/03/31
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

Aareal Bank AG is covered by 20 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Dieter HeinAlphaValue
Neil SmithBankhaus Lampe KG
Adam BarrassBerenberg