Mercedes-Benz Group Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Ola Kallenius

Chief executive officer

€6.8m

Total compensation

CEO salary percentage	25.8%
CEO tenure	9.8yrs
CEO ownership	n/a
Management average tenure	7.8yrs
Board average tenure	no data

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ola Kallenius's remuneration changed compared to Mercedes-Benz Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	€11b
Jun 30 2024	n/a	n/a	€13b
Mar 31 2024	n/a	n/a	€13b
Dec 31 2023	€7m	€2m	€14b
Sep 30 2023	n/a	n/a	€15b
Jun 30 2023	n/a	n/a	€15b
Mar 31 2023	n/a	n/a	€15b
Dec 31 2022	€6m	€2m	€15b
Sep 30 2022	n/a	n/a	€13b
Jun 30 2022	n/a	n/a	€11b
Mar 31 2022	n/a	n/a	€11b
Dec 31 2021	€6m	€2m	€11b
Sep 30 2021	n/a	n/a	€11b
Jun 30 2021	n/a	n/a	€11b
Mar 31 2021	n/a	n/a	€7b
Dec 31 2020	€6m	€1m	€4b
Sep 30 2020	n/a	n/a	€330m
Jun 30 2020	n/a	n/a	€347m
Mar 31 2020	n/a	n/a	€376m
Dec 31 2019	€5m	€1m	€2b
Sep 30 2019	n/a	n/a	€4b
Jun 30 2019	n/a	n/a	€4b
Mar 31 2019	n/a	n/a	€7b
Dec 31 2018	€3m	€832k	€7b
Sep 30 2018	n/a	n/a	€9b
Jun 30 2018	n/a	n/a	€9b
Mar 31 2018	n/a	n/a	€10b
Dec 31 2017	€2m	€812k	€10b

Compensation vs Market: Ola's total compensation ($USD7.13M) is above average for companies of similar size in the Italian market ($USD3.19M).

Compensation vs Earnings: Ola's compensation has been consistent with company performance over the past year.

CEO

Ola Kallenius (55 yo)

9.8yrs

Tenure

€6,849,000

Compensation

Mr. Ola Källenius serves as Non-Executive Director of Sandown Motor Holdings (Pty) Ltd. He has been Chairman of the Board of Management and Chief Executive Officer of Mercedes-Benz Group AG (formerly known...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Ola Kallenius	Chairman of the Management Board & CEO	9.8yrs	€6.85m	no data
Harald Wilhelm	Head of Finance & Controlling and Member of the Management Board	5.6yrs	€4.07m	no data
Renata Jungo Brungger	Head of Integrity	8.8yrs	€3.46m	no data
Hubertus Troska	Head of Greater China & Member of Management Board	11.9yrs	€3.49m	no data
Markus Schafer	CTO, Development & Purchasing and Member of Management Board	5.5yrs	€3.56m	no data
Britta Seeger	Head of Marketing & Sales and Member of Management Board	7.8yrs	€3.49m	no data
Jorg Burzer	Head of Production	2.9yrs	€3.82m	no data
Sabine Kohleisen	Director of Human Relations & Labor Relations and Member of Management Board	2.9yrs	€3.97m	no data
Steffen Hoffmann	Head of Investor Relations & Treasury	4.6yrs	no data	no data
Tobias Just	Head of Corporate Communications	no data	no data	no data
Volker Mornhinweg	Head of Mercedes-Benz Vans	14.6yrs	no data	no data
Jochen Goetz	Chief Financial Officer of Trucks Division	9.7yrs	no data	no data

7.8yrs

Average Tenure

58yo

Average Age

Experienced Management: 1MBG's management team is seasoned and experienced (7.8 years average tenure).

Mercedes-Benz Group Management

Management criteria checks 2/4

Key information

Recent management updates

Mercedes-Benz Group Ag Announces Board Changes

Mercedes-Benz Group AG, Annual General Meeting, May 08, 2024

Mercedes-Benz Announces Tom Brennan's Departure from Head of Fleet Role

Mercedes-Benz Group AG Promotes Thomas Klein as Head of Product Management & Sales Mercedes-Benz Passenger Cars & Integrated Production, Sales and Inventory Planning

Mercedes-Benz Group Ag Announces Executive Changes, Effective from April 1, 2023

Mercedes-Benz Group Ag Appoints Francesco Ciancia as Head of Mercedes-Benz Vans Operations

Recent updates

Mercedes-Benz Group AG to Report Q2, 2025 Results on Jul 30, 2025

Third quarter 2024 earnings released: EPS: €1.81 (vs €3.44 in 3Q 2023)

Mercedes-Benz Group AG Mercedes-Benz GLC 350e 4MATIC SUV Plug-In Hybrid Offers Best-in-Segment All-Electric Range

BYD Auto Industry Co., Ltd. acquired remaining 10% stake in Shenzhen DENZA New Energy Automotive Co., Ltd. from Mercedes-Benz Group AG (XTRA:MBG).

Second quarter 2024 earnings released: EPS: €2.95 (vs €3.34 in 2Q 2023)

Mercedes-Benz Group AG Provides Earnings Guidance for the Year 2024

Autotorino S.p.a. has signed an agreement to acquire Mercedes-Benz Warszawa Sp. z.o.o. from Mercedes-Benz Group AG (XTRA:MBG.

Mercedes-Benz Group Ag Announces Board Changes

First quarter 2024 earnings released: EPS: €2.86 (vs €3.69 in 1Q 2023)

Mercedes-Benz Group AG Confirms Earnings Guidance for the Year 2024

Now 21% undervalued

Mercedes-Benz and BYD Join Forces, Develop a New Denza Central for BYD's Global Expansion

Full year 2023 earnings released: EPS: €13.46 (vs €13.56 in FY 2022)

Now 21% undervalued

Dividend increased to €5.30

Mercedes-Benz Group Ag Provides Earnings Guidance for the Full Year 2024

Now 20% undervalued

Hedin Mobility Group AB (publ) entered into an agreement to acquire Mercedes - Benz FÖRsÄLjnings Ab from Mercedes-Benz Group AG (XTRA:MBG).

Mercedes-Benz Showcases Class-Defining Digital Tech At Ces 2024

Burtech Acquisition Corp. (NasdaqGM:BRKH) entered into a definitive agreement to acquire Blaize, Inc. from a group of shareholders.

Mercedes-Benz Group AG to Report Fiscal Year 2023 Results on Mar 15, 2024

Third quarter 2023 earnings released: EPS: €3.44 (vs €3.67 in 3Q 2022)

Mercedes-Benz Group AG Provides Earnings Guidance for the Full Year 2023

Now 24% undervalued after recent price drop

Mercedes-Benz Group AG, Annual General Meeting, May 08, 2024

Mercedes-Benz Announces Tom Brennan's Departure from Head of Fleet Role

Second quarter 2023 earnings released: EPS: €3.34 (vs €2.90 in 2Q 2022)

Mercedes-Benz Group AG Raises Earnings Guidance for the Full Year 2023

Mercedes-Benz Group AG Promotes Thomas Klein as Head of Product Management & Sales Mercedes-Benz Passenger Cars & Integrated Production, Sales and Inventory Planning

Upcoming dividend of €5.20 per share at 7.4% yield

Full year 2022 earnings released: EPS: €13.55 (vs €9.96 in FY 2021)

Mercedes-Benz Group AG Provides Financial Guidance for 2023

Lieff Cabraser and Corpus Law Patel File Federal Class Action in Georgia Against Mercedes-Benz USA LLC and Daimler AG over Dangerous Subframe Rust and Corrosion in 2010-2022 Model Year Mercedes Vehicles

Mercedes-Benz Group Ag Announces Executive Changes, Effective from April 1, 2023

Mercedes-Benz Group AG to Report Q2, 2023 Results on Jul 27, 2023

Mercedes-Benz Group AG to Report Q1, 2023 Results on Apr 28, 2023

Third quarter 2022 earnings released: EPS: €3.66 (vs €1.80 in 3Q 2021)

OAO Avtodom agreed to acquire Mercedes-Benz Manufacturing Rus Ltd from Mercedes-Benz Group AG (XTRA:MBG).

Now 20% undervalued

Mercedes-Benz Group Ag Appoints Francesco Ciancia as Head of Mercedes-Benz Vans Operations

Mercedes-Benz Group AG Appoints Andreas Tetzloff as President and CEO of Mercedes-Benz Canada, Effective October 1, 2022

Second quarter 2022 earnings released: EPS: €2.90 (vs €2.84 in 2Q 2021)

Free2move Holding AB (publ) (NGM:F2M) completed the acquisition of SHARE NOW GmbH from Mercedes-Benz Group AG (XTRA:MBG) and Bayerische Motoren Werke Aktiengesellschaft (XTRA:BMW).

Mercedes-Benz Group Names Paul Gao as Chief Strategy Officer, Effective 1 July, 2022

Mercedes-Benz Appoints Vyankatesh Kulkarni as Executive Director and Head of Indian Operations, Effective June 1, 2022

Free2move Holding AB (publ) (NGM:F2M) entered into an agreement to acquire SHARE NOW GmbH from Mercedes-Benz Group AG (XTRA:MBG) and Bayerische Motoren Werke Aktiengesellschaft (XTRA:BMW).

Now 25% undervalued after recent price drop

Mercedes-Benz Group AG Appoints Dame Polly Courtice as Non-Executive Director to the Supervisory Board, Effective 1 May 2022

First quarter 2022 earnings released: EPS: €3.26 (vs €3.17 in 1Q 2021)

Mercedes-Benz Group AG Provides Earnings Guidance for the Year 2022

Upcoming dividend of €5.00 per share

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

Investor sentiment deteriorated over the past week