thyssenkrupp Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Miguel Lopez Borrego

Chief executive officer

€932.0k

Total compensation

CEO salary percentage	48.0%
CEO tenure	less than a year
CEO ownership	n/a
Management average tenure	5.3yrs
Board average tenure	4.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Miguel Lopez Borrego's remuneration changed compared to thyssenkrupp's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	-€2b
Sep 30 2023	€932k	€447k	-€2b

Compensation vs Market: Miguel's total compensation ($USD997.01K) is below average for companies of similar size in the UK market ($USD2.64M).

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

CEO

Miguel Lopez Borrego (58 yo)

less than a year

Tenure

€932,000

Compensation

Mr. Miguel Angel Lopez Borrego is Member of Supervisory Board at NORMA Group SE since June 01, 2023. He is Chairman of the Executive Board and Chief Executive Officer at thyssenkrupp AG since June 1, 2023....

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Miguel Lopez Borrego	CEO & Chairman of the Executive Board	less than a year	€932.00k	no data
Klaus Keysberg	CFO & Member of the Executive Board	4.5yrs	€2.53m	0.0023% € 67.2k
Oliver Burkhard	CHRO, Labor Director & Member of Executive Board	11.2yrs	€1.76m	0.0076% € 223.0k
Volkmar Dinstuhl	Chief Executive Officer of Multi Tracks & Member of Executive Board	less than a year	no data	no data
Ilse Henne	Member of Executive Board	less than a year	no data	no data
Thomas Empelmann	Head of Corporate Finance	no data	no data	no data
Andreas Trösch	Head of Investor Relations	no data	no data	no data
Christoph Zemelka	Head of Communications	no data	no data	no data
Karsten Kroos	Chief Executive Officer of Automotive Technology	7.8yrs	no data	no data
Stefan Schmitt	Head of Corp. Function HR Strategy and Head of Corp. Function People Dev & Executives Management	7.5yrs	no data	no data
Peter Walker	Chief Executive Officer of Elevator Technology Business Area	6.2yrs	no data	no data
Peter Sauer	Head of External Communications	no data	no data	no data

5.3yrs

Average Tenure

56yo

Average Age

Experienced Management: 0O1C's management team is seasoned and experienced (5.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Verena Volpert	Independent Member of Supervisory Board	3.5yrs	€96.00k	no data
Jurgen Kerner	Vice Chairman of Supervisory Board	4.3yrs	€163.50k	no data
Wolfgang Colberg	Independent Member of the Supervisory Board	5.3yrs	€68.33k	no data
Siegfried Russwurm	Independent Chairman of Supervisory Board	5yrs	€217.00k	no data
Bernhard Gunther	Independent Member of Supervisory Board	4.3yrs	€125.00k	no data
Ingo Luge	Independent Member of the Supervisory Board	4.2yrs	€81.50k	no data
Angelika Gifford	Independent Member of Supervisory Board	4.4yrs	€53.50k	no data
Ursula Gather	Independent Member of the Supervisory Board	6.3yrs	€81.50k	no data
Tanja Jacquemin	Employee Representative Member of Supervisory Board	8.1yrs	€76.00k	no data
Tekin Nasikkol	Employee Representative Member of Supervisory Board	3.7yrs	€103.25k	no data
Achim Hass	Employee Representative Member of Supervisory Board	7.3yrs	€59.30k	no data
Stefan Buchner	Independent Member of Supervisory Board	3.2yrs	€63.83k	no data

4.3yrs

Average Tenure

59yo

Average Age

Experienced Board: 0O1C's board of directors are considered experienced (4.3 years average tenure).

thyssenkrupp Management

Management criteria checks 3/4

Key information

Recent management updates

thyssenkrupp AG, Annual General Meeting, Feb 02, 2024

thyssenkrupp AG, Annual General Meeting, Feb 03, 2023

thyssenkrupp AG, Annual General Meeting, Feb 05, 2021

Recent updates

Carlyle Reportedly Nears Advanced Talks on €1.5 Billion Thyssen Unit

First quarter 2024 earnings released: €0.50 loss per share (vs €0.12 profit in 1Q 2023)

Upcoming dividend of €0.15 per share at 2.6% yield

thyssenkrupp AG to Report Fiscal Year 2024 Results on Nov 19, 2024

Full year 2023 earnings released: €3.33 loss per share (vs €1.81 profit in FY 2022)

Thyssenkrupp in Discussions to Transfer Part of Its Steel Business, Steel Europe to EPH, Forming A Joint Venture

thyssenkrupp AG to Report Q3, 2024 Results on Aug 14, 2024

Thyssenkrupp Top Shareholder Expects Decision on Steel Unit Sale Soon

thyssenkrupp Reportedly in Advanced Talks to Sell 50% of its Steel Division to Daniel Kretinsky

Thyssenkrupp Reportedly May Sell Minority Stake in Submarine Unit to Germany

Third quarter 2023 earnings released: EPS: €0.13 (vs €0.12 in 3Q 2022)

thyssenkrupp AG, Annual General Meeting, Feb 02, 2024

thyssenkrupp AG to Report First Half, 2024 Results on May 15, 2024

thyssenkrupp AG to Report Q1, 2024 Results on Feb 14, 2024

Thyssenkrupp Makes Progress in Sale Process for Submarines Ops

Investor sentiment deteriorates as stock falls 20%

First quarter 2023 earnings released: EPS: €0.12 (vs €0.17 in 1Q 2022)

Upcoming dividend of €0.15 per share at 2.0% yield

Investor sentiment improved over the past week

thyssenkrupp AG (XTRA:TKA) acquired Westphalia DataLab GmbH.

thyssenkrupp AG to Report Fiscal Year 2023 Results on Nov 22, 2023

Full year 2022 earnings released: EPS: €1.82 (vs €0.17 loss in FY 2021)

Investor sentiment deteriorated over the past week

thyssenkrupp AG to Report Nine Months, 2023 Results on Aug 10, 2023

Investor sentiment deteriorated over the past week

Third quarter 2022 earnings released: EPS: €0.12 (vs €0.20 in 3Q 2021)

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

thyssenkrupp AG to Report First Half, 2023 Results on May 11, 2023

Second quarter 2022 earnings released: EPS: €0.90 (vs €0.32 loss in 2Q 2021)

Investor sentiment deteriorated over the past week

thyssenkrupp AG to Report Q1, 2023 Results on Feb 14, 2023

Investor sentiment improved over the past week

First quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

thyssenkrupp AG, Annual General Meeting, Feb 03, 2023

Ilta Inox SpA completed the acquisition of ThyssenKrupp Acciai Speciali Terni S.p.A from thyssenkrupp AG (XTRA:TKA).

An unknown buyer acquired 7.1% stake of thyssenkrupp AG (XTRA:TKA) from Cevian Capital AB.

Forecast to breakeven in 2022

Third quarter 2021 earnings released: EPS €0.20 (vs €1.33 loss in 3Q 2020)

FMC Beteiligungs KG agreed to acquire Thyssenkrupp Infrastructure Unit from thyssenkrupp AG (XTRA:TKA).

Second quarter 2021 earnings released: €0.32 loss per share (vs €1.11 loss in 2Q 2020)

New 90-day high: €11.86

Thyssenkrupp Ends Talks with Liberty Steel over Steel Unit Sale

thyssenkrupp AG, Annual General Meeting, Feb 05, 2021

Thyssenkrupp Reportedly May Give Steel Unit's Books Access to Liberty Steel

Thyssenkrupp Announces Reduction of Workforce

Thyssenkrupp Reportedly May Not Sell Electrolysis Division Uhde

Thyssenkrupp, SSAB Reportedly in Talks over Steel Ops Merger

LIBERTY Steel Group Makes an Offer to Acquire thyssenkrupp Steel Europe

Thyssenkrupp's Chief Does Not Rule Out State Participation

New 90-day low - €5.86

Jinzhou Halla Electrical Equipment Co., Ltd. acquired the E-Mobility Business from thyssenkrupp AG (XTRA:TKA).

Third quarter earnings released

Advent International Corporation, Cinven Limited, RAG-Stiftung and thyssenkrupp AG (XTRA:TKA) completed the acquisition of ThyssenKrupp Elevator AG from thyssenkrupp AG.

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age