RHI Magnesita Management

Management criteria checks 2/4

RHI Magnesita's CEO is Stefan Borgas, appointed in Oct 2017, has a tenure of 7.08 years. total yearly compensation is €3.99M, comprised of 28.7% salary and 71.3% bonuses, including company stock and options. directly owns 0.23% of the company’s shares, worth £3.29M. The average tenure of the management team and the board of directors is 5.2 years and 7.1 years respectively.

Key information

Stefan Borgas

Chief executive officer

€4.0m

Total compensation

CEO salary percentage28.7%
CEO tenure7.1yrs
CEO ownership0.2%
Management average tenure5.2yrs
Board average tenure7.1yrs

Recent management updates

Shareholders May Find It Hard To Justify A Pay Rise For RHI Magnesita N.V.'s (LON:RHIM) CEO This Year

Jun 04
Shareholders May Find It Hard To Justify A Pay Rise For RHI Magnesita N.V.'s (LON:RHIM) CEO This Year

How Much Are RHI Magnesita N.V. (LON:RHIM) Insiders Spending On Buying Shares?

Jan 18
How Much Are RHI Magnesita N.V. (LON:RHIM) Insiders Spending On Buying Shares?

Recent updates

RHI Magnesita (LON:RHIM) Takes On Some Risk With Its Use Of Debt

Sep 15
RHI Magnesita (LON:RHIM) Takes On Some Risk With Its Use Of Debt

What Does RHI Magnesita N.V.'s (LON:RHIM) Share Price Indicate?

Jul 26
What Does RHI Magnesita N.V.'s (LON:RHIM) Share Price Indicate?

With EPS Growth And More, RHI Magnesita (LON:RHIM) Makes An Interesting Case

Jul 04
With EPS Growth And More, RHI Magnesita (LON:RHIM) Makes An Interesting Case

A Piece Of The Puzzle Missing From RHI Magnesita N.V.'s (LON:RHIM) Share Price

May 30
A Piece Of The Puzzle Missing From RHI Magnesita N.V.'s (LON:RHIM) Share Price

RHI Magnesita (LON:RHIM) Could Be Struggling To Allocate Capital

Apr 25
RHI Magnesita (LON:RHIM) Could Be Struggling To Allocate Capital

Why RHI Magnesita N.V. (LON:RHIM) Could Be Worth Watching

Apr 12
Why RHI Magnesita N.V. (LON:RHIM) Could Be Worth Watching

RHI Magnesita (LON:RHIM) Ticks All The Boxes When It Comes To Earnings Growth

Mar 21
RHI Magnesita (LON:RHIM) Ticks All The Boxes When It Comes To Earnings Growth

Here's Why RHI Magnesita (LON:RHIM) Has A Meaningful Debt Burden

Mar 07
Here's Why RHI Magnesita (LON:RHIM) Has A Meaningful Debt Burden

RHI Magnesita N.V. (LON:RHIM) Shares Could Be 35% Below Their Intrinsic Value Estimate

Feb 21
RHI Magnesita N.V. (LON:RHIM) Shares Could Be 35% Below Their Intrinsic Value Estimate

Returns On Capital At RHI Magnesita (LON:RHIM) Have Hit The Brakes

Jan 06
Returns On Capital At RHI Magnesita (LON:RHIM) Have Hit The Brakes

RHI Magnesita N.V. (LON:RHIM) Could Be Riskier Than It Looks

Dec 19
RHI Magnesita N.V. (LON:RHIM) Could Be Riskier Than It Looks

These 4 Measures Indicate That RHI Magnesita (LON:RHIM) Is Using Debt Extensively

Dec 04
These 4 Measures Indicate That RHI Magnesita (LON:RHIM) Is Using Debt Extensively

RHI Magnesita N.V. (LON:RHIM) Shares Could Be 32% Below Their Intrinsic Value Estimate

Nov 15
RHI Magnesita N.V. (LON:RHIM) Shares Could Be 32% Below Their Intrinsic Value Estimate

Is Now The Time To Look At Buying RHI Magnesita N.V. (LON:RHIM)?

Sep 25
Is Now The Time To Look At Buying RHI Magnesita N.V. (LON:RHIM)?

RHI Magnesita (LON:RHIM) Has A Somewhat Strained Balance Sheet

Sep 05
RHI Magnesita (LON:RHIM) Has A Somewhat Strained Balance Sheet

Investors Met With Slowing Returns on Capital At RHI Magnesita (LON:RHIM)

Aug 12
Investors Met With Slowing Returns on Capital At RHI Magnesita (LON:RHIM)

Is There Now An Opportunity In RHI Magnesita N.V. (LON:RHIM)?

Jun 17
Is There Now An Opportunity In RHI Magnesita N.V. (LON:RHIM)?

Are Investors Undervaluing RHI Magnesita N.V. (LON:RHIM) By 32%?

May 13
Are Investors Undervaluing RHI Magnesita N.V. (LON:RHIM) By 32%?

Here's Why RHI Magnesita (LON:RHIM) Has A Meaningful Debt Burden

Apr 07
Here's Why RHI Magnesita (LON:RHIM) Has A Meaningful Debt Burden

Is Now An Opportune Moment To Examine RHI Magnesita N.V. (LON:RHIM)?

Feb 23
Is Now An Opportune Moment To Examine RHI Magnesita N.V. (LON:RHIM)?

We Think RHI Magnesita (LON:RHIM) Is Taking Some Risk With Its Debt

Dec 16
We Think RHI Magnesita (LON:RHIM) Is Taking Some Risk With Its Debt

RHI Magnesita's (LON:RHIM) Returns Have Hit A Wall

Oct 27
RHI Magnesita's (LON:RHIM) Returns Have Hit A Wall

At UK£17.31, Is It Time To Put RHI Magnesita N.V. (LON:RHIM) On Your Watch List?

Sep 29
At UK£17.31, Is It Time To Put RHI Magnesita N.V. (LON:RHIM) On Your Watch List?

Is RHI Magnesita (LON:RHIM) Using Too Much Debt?

Aug 20
Is RHI Magnesita (LON:RHIM) Using Too Much Debt?

RHI Magnesita (LON:RHIM) Hasn't Managed To Accelerate Its Returns

Jul 05
RHI Magnesita (LON:RHIM) Hasn't Managed To Accelerate Its Returns

What Is RHI Magnesita N.V.'s (LON:RHIM) Share Price Doing?

May 31
What Is RHI Magnesita N.V.'s (LON:RHIM) Share Price Doing?

We Think RHI Magnesita (LON:RHIM) Is Taking Some Risk With Its Debt

May 15
We Think RHI Magnesita (LON:RHIM) Is Taking Some Risk With Its Debt

Returns On Capital At RHI Magnesita (LON:RHIM) Have Stalled

Feb 07
Returns On Capital At RHI Magnesita (LON:RHIM) Have Stalled

What Is RHI Magnesita N.V.'s (LON:RHIM) Share Price Doing?

Jan 01
What Is RHI Magnesita N.V.'s (LON:RHIM) Share Price Doing?

RHI Magnesita (LON:RHIM) Has A Somewhat Strained Balance Sheet

Dec 13
RHI Magnesita (LON:RHIM) Has A Somewhat Strained Balance Sheet

When Should You Buy RHI Magnesita N.V. (LON:RHIM)?

Sep 15
When Should You Buy RHI Magnesita N.V. (LON:RHIM)?

RHI Magnesita (LON:RHIM) Hasn't Managed To Accelerate Its Returns

Aug 31
RHI Magnesita (LON:RHIM) Hasn't Managed To Accelerate Its Returns

RHI Magnesita N.V. (LON:RHIM) Half-Year Results: Here's What Analysts Are Forecasting For This Year

Jul 31
RHI Magnesita N.V. (LON:RHIM) Half-Year Results: Here's What Analysts Are Forecasting For This Year

Here's Why RHI Magnesita (LON:RHIM) Has A Meaningful Debt Burden

Jul 30
Here's Why RHI Magnesita (LON:RHIM) Has A Meaningful Debt Burden

Shareholders May Find It Hard To Justify A Pay Rise For RHI Magnesita N.V.'s (LON:RHIM) CEO This Year

Jun 04
Shareholders May Find It Hard To Justify A Pay Rise For RHI Magnesita N.V.'s (LON:RHIM) CEO This Year

Slowing Rates Of Return At RHI Magnesita (LON:RHIM) Leave Little Room For Excitement

May 07
Slowing Rates Of Return At RHI Magnesita (LON:RHIM) Leave Little Room For Excitement

Is Now The Time To Look At Buying RHI Magnesita N.V. (LON:RHIM)?

Apr 09
Is Now The Time To Look At Buying RHI Magnesita N.V. (LON:RHIM)?

Here's Why RHI Magnesita (LON:RHIM) Has A Meaningful Debt Burden

Mar 10
Here's Why RHI Magnesita (LON:RHIM) Has A Meaningful Debt Burden

Update: RHI Magnesita (LON:RHIM) Stock Gained 29% In The Last Year

Feb 17
Update: RHI Magnesita (LON:RHIM) Stock Gained 29% In The Last Year

Should You Use RHI Magnesita's (LON:RHIM) Statutory Earnings To Analyse It?

Feb 02
Should You Use RHI Magnesita's (LON:RHIM) Statutory Earnings To Analyse It?

How Much Are RHI Magnesita N.V. (LON:RHIM) Insiders Spending On Buying Shares?

Jan 18
How Much Are RHI Magnesita N.V. (LON:RHIM) Insiders Spending On Buying Shares?

Do Institutions Own RHI Magnesita N.V. (LON:RHIM) Shares?

Jan 04
Do Institutions Own RHI Magnesita N.V. (LON:RHIM) Shares?

How Is RHI Magnesita's (LON:RHIM) CEO Paid Relative To Peers?

Dec 22
How Is RHI Magnesita's (LON:RHIM) CEO Paid Relative To Peers?

Is RHI Magnesita (LON:RHIM) A Future Multi-bagger?

Dec 11
Is RHI Magnesita (LON:RHIM) A Future Multi-bagger?

CEO Compensation Analysis

How has Stefan Borgas's remuneration changed compared to RHI Magnesita's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

€186m

Mar 31 2024n/an/a

€175m

Dec 31 2023€4m€1m

€165m

Sep 30 2023n/an/a

€152m

Jun 30 2023n/an/a

€139m

Mar 31 2023n/an/a

€148m

Dec 31 2022€3m€1m

€156m

Sep 30 2022n/an/a

€199m

Jun 30 2022n/an/a

€243m

Mar 31 2022n/an/a

€243m

Dec 31 2021€2m€1m

€243m

Sep 30 2021n/an/a

€157m

Jun 30 2021n/an/a

€72m

Mar 31 2021n/an/a

€48m

Dec 31 2020€2m€969k

€25m

Sep 30 2020n/an/a

€50m

Jun 30 2020n/an/a

€76m

Mar 31 2020n/an/a

€107m

Dec 31 2019€1m€855k

€139m

Sep 30 2019n/an/a

€171m

Jun 30 2019n/an/a

€203m

Mar 31 2019n/an/a

€180m

Dec 31 2018€2m€826k

€158m

Sep 30 2018n/an/a

€93m

Jun 30 2018n/an/a

€27m

Mar 31 2018n/an/a

-€900k

Dec 31 2017€477k€172k

-€17m

Compensation vs Market: Stefan's total compensation ($USD4.20M) is above average for companies of similar size in the UK market ($USD2.10M).

Compensation vs Earnings: Stefan's compensation has increased by more than 20% in the past year.


CEO

Stefan Borgas (60 yo)

7.1yrs

Tenure

€3,988,284

Compensation

Mr. Stefan Borgas, MBA, is CEO & Director of RHI Magnesita GmbH. Mr. Borgas serves as an Independent Chairman of the Board at AFYREN SAS since October 2020. He has been the Chief Executive Officer of Magne...


Leadership Team

NamePositionTenureCompensationOwnership
Stefan Borgas
CEO & Executive Director7.1yrs€3.99m0.23%
£ 3.3m
Ian Botha
CFO, Finance Director & Executive Director5.6yrs€2.17m0.11%
£ 1.6m
Eduardo Guardiano Gotilla
Vice President of Corporate Finance & Investor Relationsno datano datano data
Rajah Jayendran
Chief Technology Officer1.8yrsno datano data
Chris Bucknall
Head of Investor Relationsno datano datano data
Ticiana Kobel
Executive Vice President of Legal & Digital Transformation4.8yrsno datano data
Simone Oremovic
Executive Vice President of People7.3yrsno datano data
Gustavo Lucio Franco
Chief Customer Officer1.8yrsno datano data
Claudia Bergner
Head of People & Cultureno datano datano data
Sally Caswell
Company Secretary4.8yrsno datano data
Rodrigo Guerra
Group Treasurerno datano datano data
Franz Struzl
Consultant8yrs€3.81mno data

5.2yrs

Average Tenure

53yo

Average Age

Experienced Management: RHIM's management team is seasoned and experienced (5.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Stefan Borgas
CEO & Executive Director7.4yrs€3.99m0.23%
£ 3.3m
Ian Botha
CFO, Finance Director & Executive Director5.4yrs€2.17m0.11%
£ 1.6m
Herbert Cordt
Chairman7.4yrs€302.19k0.74%
£ 10.8m
Karl Sevelda
Independent Non-Executive Director7.1yrs€105.89k0.0042%
£ 61.5k
Wolfgang Ruttenstorfer
Non-Independent Non-Executive Director7.4yrs€99.19kno data
Stanislaus Prinz zu Sayn Wittgenstein-Berleburg
Non-Independent Non-Executive Director7.1yrs€95.73k6.7%
£ 97.2m
David Schlaff
Non-Independent Non-Executive Director7.1yrs€89.03kno data
Janice Brown
Independent Non-Executive Director3.4yrs€109.35kno data
John Ramsay
Deputy Chairman & Senior Independent Director7.1yrs€153.69k0.010%
£ 150.3k
Martin Kowatsch
Employee Representative Director2.9yrsno data0.0026%
£ 37.6k
Janet Ashdown
Independent Non-Executive Director5.4yrs€136.60kno data
Michael Schwarz
Employee Representative Director6.9yrsno datano data

7.1yrs

Average Tenure

62.5yo

Average Age

Experienced Board: RHIM's board of directors are considered experienced (7.1 years average tenure).