CEZ a. s Management

Management criteria checks 2/4

CEZ a. s' CEO is Daniel Benes, appointed in Sep 2011, has a tenure of 12.67 years. directly owns 0.002% of the company’s shares, worth CZK8.09M. The average tenure of the management team and the board of directors is 12.5 years and 5 years respectively.

Key information

Daniel Benes

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	12.7yrs
CEO ownership	0.002%
Management average tenure	12.5yrs
Board average tenure	5yrs

Recent management updates

Recent updates

CEO

Daniel Benes (53 yo)

12.7yrs

Tenure

Engineer Daniel Benes, MBA, has been the Chairman and Chief Executive Officer of CEZ, a.s. since September 15, 2011. Engineer Benes served as the Chief Administration Officer of CEZ, a. s. and as its Chief...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Daniel Benes	Chairman & CEO	12.7yrs	no data	0.0018% CZK 8.1m
Pavel Cyrani	Vice Chairman	12.6yrs	no data	0.0043% CZK 19.7m
Martin Novak	CFO, Deputy CEO of Operations & Executive Director	16.3yrs	no data	0.0019% CZK 8.5m
Michaela Chaloupkova	Chief Administration Officer & Executive Director	12.3yrs	no data	0.0011% CZK 4.8m
Barbara Seidlova	Head of Investor Relations	no data	no data	no data
Tomas Pleskac	Deputy CEO of New Energy	no data	no data	0.00075% CZK 3.4m
Bohdan Zronek	Chief Nuclear Officer & Executive Director	no data	no data	0.0013% CZK 6.0m
Ludek Horn	Head of Front Office	no data	no data	no data
Jan Kalina	Chief of the Renewable & Traditional Energy Division and Executive Director	no data	no data	no data
Zdenek Zábojník	Investor Relations	no data	no data	no data

12.5yrs

Average Tenure

52.5yo

Average Age

Experienced Management: 0NZF's management team is seasoned and experienced (12.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Daniel Benes	Chairman & CEO	18.4yrs	no data	0.0018% CZK 8.1m
Pavel Cyrani	Vice Chairman	12.6yrs	no data	0.0043% CZK 19.7m
Martin Novak	CFO, Deputy CEO of Operations & Executive Director	16yrs	no data	0.0019% CZK 8.5m
Michaela Chaloupkova	Chief Administration Officer & Executive Director	12.6yrs	no data	0.0011% CZK 4.8m
Tomas Pleskac	Deputy CEO of New Energy	18.3yrs	no data	0.00075% CZK 3.4m
Bohdan Zronek	Chief Nuclear Officer & Executive Director	7yrs	no data	0.0013% CZK 6.0m
Jan Kalina	Chief of the Renewable & Traditional Energy Division and Executive Director	2.9yrs	no data	no data
Jirí Kadrnka	Member of Supervisory Board	1.9yrs	no data	no data
Radim Jirout	Chairman of the Supervisory Board	1.9yrs	no data	no data
Milan Wagner	Vice-Chairman of the Supervisory Board	2.3yrs	no data	no data
Frantisek Novotny	Vice Chairman of the Supervisory Board	2.3yrs	no data	no data
Roman Binder	Vice Chairman of Supervisory Board	2.3yrs	no data	no data

5.0yrs

Average Tenure

53yo

Average Age

Experienced Board: 0NZF's board of directors are considered experienced (5 years average tenure).

CEZ a. s Management

Management criteria checks 2/4

Key information

Recent management updates

CEZ, a. s., Annual General Meeting, Jun 26, 2023

No independent directors

CEZ, a. s., Annual General Meeting, Jun 28, 2022

No independent directors

No independent directors

Recent updates

New major risk - Revenue and earnings growth

Full year 2023 earnings released: EPS: Kč55.00 (vs Kč151 in FY 2022)

CEZ, a. s. (SEP:CEZ) agreed to acquire 55.21% stake in Czech Grid Holding, a.s. from Macquarie Asset Management Inc. for an enterprise value of €4 billion.

Now 30% undervalued after recent price drop

CEZ, a. s. to Report Fiscal Year 2023 Results on Mar 21, 2024

Investor sentiment deteriorates as stock falls 49%

Investor sentiment deteriorates as stock falls 50%

Third quarter 2023 earnings released: EPS: Kč14.00 (vs Kč34.80 in 3Q 2022)

Investor sentiment deteriorates as stock falls 50%

CEZ, a. s. to Report Q3, 2023 Results on Nov 09, 2023

Investor sentiment deteriorates as stock falls 49%

Investor sentiment deteriorates as stock falls 48%

Now 39% undervalued after recent price drop

Investor sentiment deteriorates as stock falls 48%

Now 41% undervalued after recent price drop

Investor sentiment deteriorates as stock falls 48%

Second quarter 2023 earnings released: EPS: Kč21.30 (vs Kč12.90 in 2Q 2022)

Now 42% undervalued after recent price drop

CEZ, a. s. to Report Q2, 2023 Results on Aug 10, 2023

Investor sentiment deteriorates as stock falls 45%

Now 34% undervalued after recent price drop

Investor sentiment deteriorates as stock falls 45%

Upcoming dividend of Kč117 per share at 11% yield

Investor sentiment deteriorates as stock falls 52%

Investor sentiment deteriorates as stock falls 51%

CEZ, a. s., Annual General Meeting, Jun 26, 2023

First quarter 2023 earnings released: EPS: Kč20.10 (vs Kč49.83 in 1Q 2022)

CEZ, a. s. to Report Q1, 2023 Results on May 11, 2023

Investor sentiment deteriorates as stock falls 57%

Investor sentiment deteriorates as stock falls 54%

Investor sentiment improves as stock rises 102%

Full year 2022 earnings released: EPS: Kč151 (vs Kč18.26 in FY 2021)

Investor sentiment deteriorates as stock falls 50%

Investor sentiment deteriorates as stock falls 51%

Now 23% undervalued after recent price drop

CEZ, a. s. to Report Fiscal Year 2022 Results on Mar 21, 2023

Now 38% undervalued after recent price drop

CEZ, a. s. to Report First Half, 2023 Results on Aug 31, 2023

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Now 51% undervalued after recent price drop

Third quarter 2022 earnings released: EPS: Kč34.80 (vs Kč9.60 in 3Q 2021)

No independent directors

Investor sentiment deteriorated over the past week

Now 51% undervalued after recent price drop

Now 53% undervalued after recent price drop

Investor sentiment deteriorated over the past week

Now 53% undervalued after recent price drop

Investor sentiment deteriorated over the past week

Now 55% undervalued after recent price drop

Now 55% undervalued after recent price drop

Torunlar Enerji Sanayi Ve Tic.A.S. and Baskent Dogalgaz Dagitim Gayrimenkul Yatirim Ortakligi A.S. (IBSE:BASGZ) agreed to acquire 50% stake in Akcez Enerji A.S. from CEZ, a. s. (SEP:CEZ).

Investor sentiment deteriorated over the past week

Now 56% undervalued after recent price drop

Now 41% undervalued after recent price drop

Upcoming dividend of Kč44.00 per share

CEZ, a. s. (SEP:CEZ) acquired SKODA JS a.s. from OMZ B.V.

Now 39% undervalued after recent price drop

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

First quarter 2022 earnings released: EPS: Kč49.80 (vs Kč15.70 in 1Q 2021)

Now 42% undervalued after recent price drop

CEZ, a. s., Annual General Meeting, Jun 28, 2022

No independent directors

Now 58% undervalued after recent price drop

Now 46% undervalued after recent price drop

Investor sentiment deteriorated over the past week

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Now 47% undervalued after recent price drop

Now 47% undervalued after recent price drop