Deutsche Bank Management

Management criteria checks 2/4

Deutsche Bank's CEO is Christian Sewing, appointed in Jan 2015, has a tenure of 9.83 years. total yearly compensation is €8.75M, comprised of 41.2% salary and 58.8% bonuses, including company stock and options. directly owns 0.011% of the company’s shares, worth HUF1.46B. The average tenure of the management team and the board of directors is 3.9 years and 5.8 years respectively.

Key information

Christian Sewing

Chief executive officer

€8.7m

Total compensation

CEO salary percentage	41.2%
CEO tenure	9.8yrs
CEO ownership	0.01%
Management average tenure	3.9yrs
Board average tenure	5.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Christian Sewing's remuneration changed compared to Deutsche Bank's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	€4b
Jun 30 2024	n/a	n/a	€3b
Mar 31 2024	n/a	n/a	€4b
Dec 31 2023	€9m	€4m	€4b
Sep 30 2023	n/a	n/a	€5b
Jun 30 2023	n/a	n/a	€5b
Mar 31 2023	n/a	n/a	€5b
Dec 31 2022	€4m	€4m	€5b
Sep 30 2022	n/a	n/a	€3b
Jun 30 2022	n/a	n/a	€2b
Mar 31 2022	n/a	n/a	€2b
Dec 31 2021	€4m	€4m	€2b
Sep 30 2021	n/a	n/a	€2b
Jun 30 2021	n/a	n/a	€2b
Mar 31 2021	n/a	n/a	€1b
Dec 31 2020	€8m	€3m	€146m
Sep 30 2020	n/a	n/a	-€2b
Jun 30 2020	n/a	n/a	-€3b
Mar 31 2020	n/a	n/a	-€6b
Dec 31 2019	€6m	€3m	-€6b
Sep 30 2019	n/a	n/a	-€5b
Jun 30 2019	n/a	n/a	-€4b
Mar 31 2019	n/a	n/a	€33m
Dec 31 2018	€8m	€3m	-€25m
Sep 30 2018	n/a	n/a	-€2b
Jun 30 2018	n/a	n/a	-€2b
Mar 31 2018	n/a	n/a	-€1b
Dec 31 2017	€4m	€3m	-€1b

Compensation vs Market: Christian's total compensation ($USD9.21M) is above average for companies of similar size in the Hungarian market ($USD4.29M).

Compensation vs Earnings: Christian's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Christian Sewing (54 yo)

9.8yrs

Tenure

€8,745,497

Compensation

Mr. Christian Sewing has been Chairman of Management Board and CEO at Deutsche Bank Aktiengesellschaft since April 8, 2018 and as its Member of Management Board since January 01, 2015. He was Head of Deuts...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Christian Sewing	CEO & Chairman of Management Board	9.8yrs	€8.75m	0.011% HUF 1.5b
James von Moltke	President	7.3yrs	€7.61m	0.0039% HUF 490.6m
Fabrizio Campelli	Head of Corporate Bank and Investment Bank for UK & Ireland and Member of Management Board	5yrs	€8.00m	0.0095% HUF 1.2b
Alexander von zur Muhlen	CEO of Asia-Pacific	4.3yrs	€6.09m	0.023% HUF 2.9b
Stefan Simon	CEO of the Americas	4.3yrs	€6.08m	no data
Claudio de Sanctis	Head of Private Bank & Member of Management Board	1.3yrs	€3.71m	0.0054% HUF 693.2m
Bernd Leukert	Chief Technology	4.8yrs	€6.01m	0.00051% HUF 65.0m
Rebecca Short	COO & Member of Management Board	3.5yrs	€6.12m	0.0036% HUF 453.6m
Olivier Vigneron	Group Chief Risk Officer	2.5yrs	€5.95m	0.0011% HUF 142.7m
Stuart Lewis	Member of Management Board	1.5yrs	€4.52m	no data
Laura Padovani	Chief Compliance & Anti-Financial Crime Officer and Member of Management Board	1.6yrs	no data	no data
Joanne Hannaford	Chief Information Officer	1.1yrs	no data	no data

3.9yrs

Average Tenure

54yo

Average Age

Experienced Management: DEUTSCHEBANK's management team is considered experienced (3.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Anthony Deering	Member of Americas Advisory Board	no data	no data	no data
John Thain	Independent Member of Supervisory Board	6.5yrs	€316.67k	0.0051% HUF 655.0m
Lynn Martin	Member of Americas Advisory Board	16.8yrs	no data	no data
Paul M. Achleitner	Chairman of Global Advisory Board & Member of Supervisory Board	1.5yrs	€375.00k	no data
Benjamin Griswold	Member of Americas Advisory Board	no data	no data	no data
Alexander Wynaendts	Independent Chairman of Supervisory Board	2.5yrs	€929.17k	no data
Henriette Mark	Member of Supervisory Board	1.5yrs	€62.50k	no data
Frank Witter	Independent Member of Supervisory Board	3.5yrs	€387.50k	no data
Mayree Clark	Independent Member of Supervisory Board	6.5yrs	€429.17k	0.0056% HUF 717.4m
Norbert Winkeljohann	Independent Deputy Chairman of the Supervisory Board	6.3yrs	€564.58k	no data
Dagmar Valcarcel	Independent Member of Supervisory Board	5.3yrs	€450.00k	no data
Frank Schulze	Employee Representative Deputy Chairman of Supervisory Board	21.5yrs	€277.08k	0.000030% HUF 3.8m

5.8yrs

Average Tenure

67yo

Average Age

Experienced Board: DEUTSCHEBANK's board of directors are considered experienced (5.8 years average tenure).

Deutsche Bank Management

Management criteria checks 2/4

Key information

Recent management updates

Deutsche Bank Appoints Sameer Shah as Head of Cash Management for the Middle East and Africa

Deutsche Bank Appoints Joao Lobo as Managing Director in November

Deutsche Bank Appoints Manik Chhabra as Head of Global Corporate Coverage for India and Sri Lanka, Starting August 19, 2024

Deutsche Bank Aktiengesellschaft Announces Board Changes

Deutsche Bank AG Appoints Derek Bomar as Managing Director

Deutsche Bank Announces Management Changes

Recent updates

Now 20% overvalued after recent price rise

Third quarter 2024 earnings released: EPS: €0.82 (vs €0.57 in 3Q 2023)

Deutsche Bank Appoints Sameer Shah as Head of Cash Management for the Middle East and Africa

Now 20% overvalued

Deutsche Bank Appoints Joao Lobo as Managing Director in November

Deutsche Bank Appoints Manik Chhabra as Head of Global Corporate Coverage for India and Sri Lanka, Starting August 19, 2024

Deutsche Bank Aktiengesellschaft Announces Board Changes

Second quarter 2024 earnings released: €0.28 loss per share (vs €0.19 profit in 2Q 2023)

Deutsche Bank Aktiengesellschaft to Report Q4, 2024 Results on Jan 30, 2025

Upcoming dividend of €0.45 per share

Deutsche Bank, TD, Nomura, Credit Suisse, RBC, Barclays, BNP, Citigroup, and Credit Agricole Reaches Settlements in Propose Class Action

Deutsche Bank, TD, Nomura, Credit Suisse, RBC, Barclays, BNP, Citigroup, and Credit Agricole Reaches Settlements in Propose Class Action

Deutsche Bank AG Appoints Derek Bomar as Managing Director

Deutsche Bank AG Provides Updates on Postbank Takeover Litigation Matter

First quarter 2024 earnings released

Now 27% overvalued after recent price rise

Deutsche Bank Aktiengesellschaft to Report Q1, 2025 Results on Apr 29, 2025

New major risk - Revenue and earnings growth

Full year 2023 earnings released: EPS: €2.83 (vs €2.37 in FY 2022)

Deutsche Bank Announces Management Changes

Dividend of €0.45 announced

Deutsche Bank Aktiengesellschaft Plans to Recommends Dividends for the Year 2023; Provides Updated Guidance for Proposed Dividend for the Financial Year 2025

Full year 2023 earnings released: EPS: €2.07 (vs €2.42 in FY 2022)

Deutsche Bank Appoints Jamal Al Kishi as CEO for the Mea Region

Deutsche Bank Dismisses Merger Rumours

Deutsche Bank Aktiengesellschaft Appoints Alison Harding-Jones as Head of Deal Team

Deutsche Bank Appoints Emma-Jane Newton as Head of Investment Banking Coverage

Deutsche Bank Private Bank Appoints Chester Lui as Managing Director for Hong Kong and North Asia

Deutsche Bank Appoints Vathany Vijayaratna as Chief Executive Officer for Its UK and Irish Operations

Third quarter 2023 earnings released

Deutsche Bank Appoints Joanne Hannaford as Chief Information Officer

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age