SimCorp Management
Management criteria checks 3/4
SimCorp's CEO is Christian Kromann, appointed in Aug 2019, has a tenure of 4.17 years. total yearly compensation is €2.43M, comprised of 41.8% salary and 58.2% bonuses, including company stock and options. directly owns 0.034% of the company’s shares, worth DKK9.71M. The average tenure of the management team and the board of directors is 3.8 years and 2.6 years respectively.
Key information
Christian Kromann
Chief executive officer
€2.4m
Total compensation
| CEO salary percentage | 41.8% |
| CEO tenure | 4.2yrs |
| CEO ownership | 0.03% |
| Management average tenure | 3.8yrs |
| Board average tenure | 2.6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2023 | n/a | n/a | €103m |
| Mar 31 2023 | n/a | n/a | €102m |
| Dec 31 2022 | €2m | €1m | €99m |
| Sep 30 2022 | n/a | n/a | €89m |
| Jun 30 2022 | n/a | n/a | €91m |
| Mar 31 2022 | n/a | n/a | €103m |
| Dec 31 2021 | €3m | €619k | €110m |
| Sep 30 2021 | n/a | n/a | €104m |
| Jun 30 2021 | n/a | n/a | €98m |
| Mar 31 2021 | n/a | n/a | €95m |
| Dec 31 2020 | €928k | €403k | €88m |
| Sep 30 2020 | n/a | n/a | €70m |
| Jun 30 2020 | n/a | n/a | €85m |
| Mar 31 2020 | n/a | n/a | €91m |
| Dec 31 2019 | €1m | €167k | €97m |
Compensation vs Market: Christian's total compensation ($USD2.57M) is about average for companies of similar size in the UK market ($USD2.46M).
Compensation vs Earnings: Christian's compensation has been consistent with company performance over the past year.
CEO
Christian Kromann (51 yo)
4.2yrs
Tenure
€2,433,000
Compensation
Mr. Christian Peter Kromann has been the Chief Executive Officer of SimCorp A/S since September 02, 2021 and Member of Executive Management Board since August 1, 2019. He was Chief Operating Officer of Sim...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Member of Executive Management Board | 4.2yrs | €2.43m | 0.034% DKK 9.7m | |
| CFO & Member of Executive Management Board | less than a year | €1.08m | 0.012% DKK 3.5m | |
| COO & Member of Executive Management Board | 1.8yrs | €1.07m | 0.0013% DKK 371.3k | |
| Senior VP & Chief Human Resources Officer | 4.8yrs | no data | no data | |
| Executive VP & MD of Operations and Accounting Services | 21.8yrs | no data | no data | |
| Chief Product Officer & SVP of Global Product Management | 9.8yrs | no data | no data | |
| MD & Senior VP of SimCorp EMEA | 11.8yrs | no data | no data | |
| Chief Revenue Officer & Chief Commercial Officer | less than a year | no data | no data | |
| Chief of Staff | 1.8yrs | no data | no data | |
| Senior Vice President of Global Services | 3.8yrs | no data | no data | |
| EVP & MD of SimCorp APAC | 1.8yrs | no data | no data |
3.8yrs
Average Tenure
52yo
Average Age
Experienced Management: SIMC's management team is considered experienced (3.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Chairman | 11.6yrs | €183.00k | 0% DKK 0 | |
| Independent Vice Chairman of the Board | 5.4yrs | €126.00k | 0% DKK 0 | |
| Independent Director | 6.6yrs | €103.00k | 0% DKK 0 | |
| Independent Director | 12.8yrs | €119.00k | 0% DKK 0 | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 2.6yrs | €97.00k | 0% DKK 0 | |
| Employee Representative Director | 1.6yrs | €67.00k | 0.00084% DKK 241.8k | |
| Employee Representative Director | 1.6yrs | €64.00k | 0% DKK 0 | |
| Employee Representative Director | 1.6yrs | €82.00k | 0% DKK 0 |
2.6yrs
Average Tenure
56yo
Average Age
Experienced Board: SIMC's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/10/31 07:31 |
| End of Day Share Price | 2023/10/13 00:00 |
| Earnings | 2023/06/30 |
| Annual Earnings | 2022/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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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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
SimCorp A/S is covered by 11 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Tej Sthankiya | Berenberg |
| Ben Spruntulis | BNP Paribas Exane |
| Thomas Poutrieux | BNP Paribas Exane |