Covestro AG

LSE:0RBE Stock Report

Market Cap: €10.9b

Covestro Management

Management criteria checks 3/4

Covestro's CEO is Markus Steilemann, appointed in Aug 2015, has a tenure of 9.33 years. total yearly compensation is €4.66M, comprised of 27.8% salary and 72.2% bonuses, including company stock and options. directly owns 0.016% of the company’s shares, worth €1.74M. The average tenure of the management team and the board of directors is 3.3 years and 6.1 years respectively.

Key information

Markus Steilemann

Chief executive officer

€4.7m

Total compensation

CEO salary percentage27.8%
CEO tenure9.3yrs
CEO ownership0.02%
Management average tenure3.3yrs
Board average tenure6.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Markus Steilemann's remuneration changed compared to Covestro's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-€261m

Jun 30 2024n/an/a

-€325m

Mar 31 2024n/an/a

-€207m

Dec 31 2023€5m€1m

-€198m

Sep 30 2023n/an/a

-€910m

Jun 30 2023n/an/a

-€867m

Mar 31 2023n/an/a

-€714m

Dec 31 2022€4m€1m

-€272m

Sep 30 2022n/an/a

€929m

Jun 30 2022n/an/a

€1b

Mar 31 2022n/an/a

€2b

Dec 31 2021€5m€1m

€2b

Sep 30 2021n/an/a

€2b

Jun 30 2021n/an/a

€1b

Mar 31 2021n/an/a

€832m

Dec 31 2020€4m€1m

€459m

Sep 30 2020n/an/a

€184m

Jun 30 2020n/an/a

€152m

Mar 31 2020n/an/a

€393m

Dec 31 2019€4m€1m

€552m

Sep 30 2019n/an/a

€594m

Jun 30 2019n/an/a

€943m

Mar 31 2019n/an/a

€1b

Dec 31 2018€4m€916k

€2b

Sep 30 2018n/an/a

€2b

Jun 30 2018n/an/a

€2b

Mar 31 2018n/an/a

€2b

Dec 31 2017€2m€552k

€2b

Compensation vs Market: Markus's total compensation ($USD4.84M) is about average for companies of similar size in the UK market ($USD5.75M).

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

CEO

Markus Steilemann (54 yo)

9.3yrs

Tenure

€4,659,000

Compensation

Dr. Markus Steilemann has been the Member of Supervisory Board of Fuchs SE (formerly known as Fuchs Petrolub SE) since May 03, 2022. He is Member of Management Board since August 20, 2015 of Covestro AG an...

Leadership Team

NamePositionTenureCompensationOwnership
Markus Steilemann
CEO & Chairman of Management Board9.3yrs€4.66m0.016%
€ 1.7m
Christian Baier
CFO & Member of Management Board1.2yrs€5.83mno data
Sucheta Govil
Chief Commercial Officer & Member of Management Board5.3yrs€2.39m0.0079%
€ 864.8k
Thorsten Dreier
CTO & Member of Management Board1.4yrs€3.21m0.0025%
€ 278.1k
Ronald Koehler
Head of Investor Relationsno datano datano data
Uwe Arndt
Head of MDI Siteno datano datano data
Nils Janus
Head of Artificial Intelligenceno datano datano data
Sophie von Saldern
Global Head of Human Resourcesno datano datano data
Carsten Intveen
Investor Relations Directorno datano datano data

3.3yrs

Average Tenure

Experienced Management: 0RBE's management team is considered experienced (3.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Richard Pott
Independent Chairman of Supervisory Board9.3yrs€378.00kno data
Petra Kronen
Vice Chairman of Supervisory Board9.2yrs€261.00kno data
Lise Kingo
Member of the Supervisory Board3.7yrs€194.00kno data
Patrick Thomas
Independent Member of Supervisory Board4.4yrs€226.00kno data
Regine Stachelhaus
Independent Member of Supervisory Board9.2yrs€196.00kno data
Christine Bortenlanger
Independent Member of Supervisory Board9.2yrs€177.00kno data
Sven Schneider
Shareholder Representative Member of the Supervisory Board2.7yrs€221.00kno data
Irena Küstner
Member of Supervisory Board9.2yrs€177.00kno data
Marc Stothfang
Member of Supervisory Board7.8yrs€162.00kno data
Christoph Gurtler
Employee Representative Member of the Supervisory Board2.7yrs€197.00kno data
Frank Lollgen
Employee Representative Member of the Supervisory Board2.7yrs€128.00kno data
Oliver Heinrich
Member of the Supervisory Boardless than a yearno datano data

6.1yrs

Average Tenure

59yo

Average Age

Experienced Board: 0RBE's board of directors are considered experienced (6.1 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 01:38
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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

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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

Covestro AG is covered by 38 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullAlembic Global Advisors
Martin SchneeAlphaValue
Heiko FeberBankhaus Lampe KG