Mutares SE KGaA Management

Management criteria checks 2/4

Mutares SE KGaA's CEO is Robin Laik, appointed in Feb 2008, has a tenure of 16.75 years. total yearly compensation is €6.29M, comprised of 15.9% salary and 84.1% bonuses, including company stock and options. directly owns 24.62% of the company’s shares, worth €119.32M. The average tenure of the management team and the board of directors is 6.7 years and 6.3 years respectively.

Key information

Robin Laik

Chief executive officer

€6.3m

Total compensation

CEO salary percentage	15.9%
CEO tenure	16.8yrs
CEO ownership	24.6%
Management average tenure	6.7yrs
Board average tenure	6.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Robin Laik's remuneration changed compared to Mutares SE KGaA's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	-€113m
Jun 30 2024	n/a	n/a	-€36m
Mar 31 2024	n/a	n/a	€292m
Dec 31 2023	€6m	€1m	€397m
Sep 30 2023	n/a	n/a	€292m
Jun 30 2023	n/a	n/a	€289m
Mar 31 2023	n/a	n/a	€89m
Dec 31 2022	€6m	€1m	-€7m
Sep 30 2022	n/a	n/a	€69m
Jun 30 2022	n/a	n/a	€82m
Mar 31 2022	n/a	n/a	€380m
Dec 31 2021	€5m	€1m	€449m
Sep 30 2021	n/a	n/a	€418m
Jun 30 2021	n/a	n/a	€395m
Mar 31 2021	n/a	n/a	€61m
Dec 31 2020	€3m	€800k	€27m

Compensation vs Market: Robin's total compensation ($USD6.59M) is above average for companies of similar size in the UK market ($USD989.04K).

Compensation vs Earnings: Robin's compensation has increased whilst the company is unprofitable.

CEO

Robin Laik (52 yo)

16.8yrs

Tenure

€6,289,000

Compensation

Mr. Robin Laik Co-Founded at Mutares SE & Co. KGaA in February 01, 2008. He has been Chief Executive Officer of Mutares Management SE-General Partner of Mutares SE & Co. KGaA since February 2018 and Member...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Robin Laik	Co Founder	16.8yrs	€6.29m	24.62% € 119.3m
Mark Friedrich	CFO & Member of Executive Board of Mutares Management SE	9.6yrs	€3.19m	no data
Johannes Laumann	Chief Information Officer & Member of Executive Board	less than a year	€491.00k	no data
Lennart Schley	COO & Member of Executive Board	less than a year	no data	no data
Katarzyna Gruber	Head of Accounting	no data	no data	no data
Christian Bardorsch	Senior Manager IT	no data	no data	no data
Jan Thöle	General Counsel	no data	no data	no data
Lennart Bauernfeind	Compliance Officer	3.8yrs	no data	no data
Jessica Mair	Senior Manager of Marketing & Communications	1.1yrs	no data	no data
Lena der Lan	Head of Human Resources	no data	no data	no data
Kristian Schleede	Chairman of the Supervisory Board of Mutares Management SE	9.7yrs	€2.28m	no data
Philip Szlang	Managing Director	9.8yrs	no data	no data

6.7yrs

Average Tenure

49yo

Average Age

Experienced Management: 0UTK's management team is seasoned and experienced (6.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Volker Rofalski	Chairman of the Supervisory Board	16.8yrs	€50.00k	no data
Axel Müller	Deputy Chairman of the Supervisory Board	6.3yrs	€45.00k	no data
Lothar Koniarski	Member of Supervisory Board	6.3yrs	€20.00k	no data
Raffaela Rein	Member of the Supervisory Board	2.5yrs	€12.50k	no data

6.3yrs

Average Tenure

60.5yo

Average Age

Experienced Board: 0UTK's board of directors are considered experienced (6.3 years average tenure).

Mutares SE KGaA Management

Management criteria checks 2/4

Key information

Recent management updates

Mutares Announces Executive Changes

Recent updates

Third quarter 2024 earnings released

Mutares SE & Co. KGaA (XTRA:MUX) signed an agreement to acquire Natura Sp. z o.o. from Corporation of European Pharmaceutical Distributors N.V.

Savina completed the acquisition of MobiLitas d.o.o. POZAREVAC from Mutares SE & Co. KGaA (XTRA:MUX).

Mutares SE & Co. KGaA (XTRA:MUX) submitted a binding offer to acquire Alcura France SAS from Alliance Healthcare Group France.

Savina signed an agreement to acquire MobiLitas d.o.o. POZAREVAC from Mutares SE & Co. KGaA (XTRA:MUX).

New minor risk - Share price stability

Mutares SE & Co. KGaA (XTRA:MUX) completed the acquisition of Fischer Automotive Systems Gmbh & Co. KG from fischerwerke GmbH & Co. KG.

Second quarter 2024 earnings released

Mutares Announces Executive Changes

Mutares SE & Co. KGaA (XTRA:MUX) completed the acquisition of Cikautxo Rubber & Plastic Components (Kunshan) Co., Ltd. from Cikautxo S. Coop.

Mutares SE & Co. KGaA Reaffirms Consolidated Earnings Guidance for the Year 2024

New major risk - Share price stability

Investor sentiment deteriorates as stock falls 44%

Upcoming dividend of €2.25 per share

New major risk - Revenue and earnings growth

First quarter 2024 earnings released

Mutares SE & Co. KGaA (XTRA:MUX) completed the acquisition of unknown minority stake in Sofinter S.p.A.

Mutares SE & Co. KGaA (XTRA:MUX) acquired Greenview Group Ltd from Cordovan Capital Partners II LP a fund managed by Cordovan Capital Management Ltd.

Full year 2023 earnings released: EPS: €19.08 (vs €0.33 loss in FY 2022)

Mutares SE & Co. KGaA Proposes Dividend for the Fiscal Year 2023

Mutares SE & Co. KGaA (XTRA:MUX) signed f a definitive agreement to acquire Magirus GmbH from Iveco Group N.V. (BIT:IVG).

Investor sentiment deteriorates as stock falls 35%

Dachser Se acquired Frigoscandia AB from Mutares SE & Co. KGaA (XTRA:MUX).

Now 27% undervalued after recent price drop

Mutares SE & Co. KGaA (XTRA:MUX) agreed to acquire Temakinho S.R.L. from Cigierre - Compagnia Generale Ristorazione S.p.A.

New minor risk - Shareholder dilution

Now 25% undervalued after recent price drop

Investor sentiment deteriorates as stock falls 37%

Mutares SE & Co. KGaA to Report Q1, 2024 Results on May 07, 2024

Investor sentiment deteriorates as stock falls 34%

Now 23% undervalued after recent price drop

Now 29% undervalued after recent price drop

Investor sentiment deteriorates as stock falls 30%

Now 35% undervalued

Mutares SE & Co. KGaA (XTRA:MUX) completed the acquisition of High Precision Components Witten GmbH from Westebbe Verwaltungs GmbH and Peter Flaschel.

Mutares SE & Co. KGaA (XTRA:MUX) acquired SRT Group from GeoPost SA.

Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has signed an agreement to acquire PRINZ Kinematics GmbH (“PRINZ”) from AL-KO Kober SE.

Now 37% undervalued

Third quarter 2023 earnings released

Now 32% undervalued

New minor risk - Share price stability

Now 35% undervalued

Mutares SE & Co. KGaA (XTRA:MUX) has submitted an irrevocable proposal to acquire unknown minority stake in Sofinter S.p.A.

Mutares SE & Co. KGaA Updates Dividend Strategy

Cogne Acciai Speciali S.p.a. acquired ATI Specialty Materials, Ltd. from Mutares SE & Co. KGaA (XTRA:MUX) for an enterprise value of €180 million.

Mutares SE & Co. KGaA (XTRA:MUX) sent an irrevocable offer to acquire Stuart from GeoPost SA.

SABO Holding GmbH acquired SABO-Maschinenfabrik GmbH from Mutares SE & Co. KGaA (XTRA:MUX)

Mutares SE & Co. KGaA (XTRA:MUX) completed the acquisition of SELZER Fertigungstechnik GmbH & Co. KG from INDUS Holding AG (XTRA:INH).

Mutares SE & Co. KGaA (XTRA:MUX) acquired WALOR S.A.

Mutares SE & Co. KGaA (XTRA:MUX) acquired GlÄSerne Molkerei Gmbh from Emmi AG (SWX:EMMN).

New major risk - Earnings quality

Second quarter 2023 earnings released

Mutares SE & Co. KGaA (XTRA:MUX) agreed to acquire forging business in Germany of CIE Automotive for an enterprise value of €55.5 million.

Mutares SE & Co. KGaA (XTRA:MUX) agreed to acquire SELZER Fertigungstechnik GmbH & Co. KG from INDUS Holding AG (XTRA:INH).

Mutares SE & Co. KGaA (XTRA:MUX) signed an agreement to acquire Recover Nordic Oy from Recover Nordic AS

Mutares SE & Co. KGaA Proposes Dividend for the Financial Year 2022

Upcoming dividend of €2.00 per share at 8.0% yield

Now 27% undervalued

Mutares SE & Co. KGaA (XTRA:MUX) acquired three business operations from Arriva Sverige AB.

Cogne Acciai Speciali S.p.a. entered into an agreement to acquire ATI Specialty Materials, Ltd.from Mutares SE & Co. KGaA (XTRA:MUX) for €180 million.

Full year 2022 earnings released: €0.33 loss per share (vs €26.85 profit in FY 2021)

Investor sentiment improves as stock rises 22%

Investor sentiment improves as stock rises 17%

Holcim Ltd (SWX:HOLN) signed an agreement to acquire FDT Flachdach Technologie GmbH from Mutares SE & Co. KGaA.

Mutares SE & Co. KGaA (XTRA:MUX) acquired Palmia Oy from Helsingin kaupunki.

Mutares in Talks to Buy Walor

Mutares SE & Co. KGaA (XTRA:MUX) acquired 50% stake in Peugeot Motocycles SAS from Mahindra Two Wheelers Europe Holding S.a.r.l.

Investor sentiment improves as stock rises 15%

Investor sentiment improved over the past week

Essex Furukawa Magnet Wire Europe Gmbh entered into an agreement to acquire Lacroix + Kress GmbH from Mutares SE & Co. KGaA (XTRA:MUX).

Essex Furukawa Magnet Wire Europe Gmbh entered into an agreement to acquire Lacroix + Kress GmbH from Mutares SE & Co. KGaA (XTRA:MUX).

Management of Mutares SE & Co. KGaA (XTRA:MUX) acquired GEA Farm Technologies Japy SAS from Mutares SE & Co. KGaA (XTRA:MUX).

Investor sentiment improved over the past week

CEO Compensation Analysis