Crédit Agricole Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Philippe Brassac

Chief executive officer

€2.6m

Total compensation

CEO salary percentage	42.3%
CEO tenure	8.9yrs
CEO ownership	n/a
Management average tenure	3.6yrs
Board average tenure	3.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Philippe Brassac's remuneration changed compared to Crédit Agricole's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	€3m	€1m	€6b
Sep 30 2023	n/a	n/a	€6b
Jun 30 2023	n/a	n/a	€6b
Mar 31 2023	n/a	n/a	€6b
Dec 31 2022	€2m	€1m	€5b
Sep 30 2022	n/a	n/a	€4b
Jun 30 2022	n/a	n/a	€5b
Mar 31 2022	n/a	n/a	€5b
Dec 31 2021	€3m	€1m	€5b
Sep 30 2021	n/a	n/a	€4b
Jun 30 2021	n/a	n/a	€4b
Mar 31 2021	n/a	n/a	€3b
Dec 31 2020	€2m	€1m	€3b
Sep 30 2020	n/a	n/a	€4b
Jun 30 2020	n/a	n/a	€4b
Mar 31 2020	n/a	n/a	€4b
Dec 31 2019	€2m	€1m	€4b
Sep 30 2019	n/a	n/a	€4b
Jun 30 2019	n/a	n/a	€4b
Mar 31 2019	n/a	n/a	€4b
Dec 31 2018	€2m	€1m	€4b
Sep 30 2018	n/a	n/a	€3b
Jun 30 2018	n/a	n/a	€3b
Mar 31 2018	n/a	n/a	€3b
Jan 01 2018	n/a	n/a	€3b

Compensation vs Market: Philippe's total compensation ($USD2.78M) is about average for companies of similar size in the Italian market ($USD3.92M).

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

CEO

Philippe Brassac (64 yo)

8.9yrs

Tenure

€2,601,644

Compensation

Mr. Philippe Brassac is Chief Executive Officer of Crédit Agricole S.A. since May 20, 2015. He is Director at Amundi S.A. since October 27, 2022 and serves as its Chairman from May 12, 2023. He was Chair o...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Philippe Brassac	Chief Executive Officer	8.9yrs	€2.60m	no data
Jerome Grivet	Deputy Chief Executive Officer in charge of Steering & Control functions	no data	€1.39m	0.0011% € 506.1k
Olivier-Eric Gavalda	Deputy Chief Executive Officer in charge of Universal Banking	1.4yrs	€1.47m	0.00018% € 79.2k
Xavier Musca	Deputy Chief Executive Officer in charge of Large Customers	11.8yrs	€2.16m	0.00060% € 264.0k
Paul Foubert	Head of Group Finance	1.6yrs	no data	no data
Jean-Paul Mazoyer	Deputy GM and Head of Technology	3.6yrs	no data	no data
Cecile Mouton	Head of Investor Relations	no data	no data	no data
Martine Boutinet	Head of Compliance	no data	no data	no data
Francis Vicari	Head of Legal	2.3yrs	no data	no data
Julie De Palme	Head of Communications	2.3yrs	no data	no data
Bénédicte Chrétien	Group Head of Human Resources	8.1yrs	no data	no data
Olivier Belorgey	Deputy CEO & Finance Director of Crédit Agricole CIB	12.5yrs	no data	no data

3.6yrs

Average Tenure

59yo

Average Age

Experienced Management: 1ACA's management team is considered experienced (3.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Dominique Lefebvre	Chairman of the Board	16.9yrs	€625.00k	0.00015% € 66.0k
Marianne Laigneau	Independent Director	2.9yrs	€47.60k	0% € 0
Jean-Pierre Gaillard	Director	9.9yrs	€79.10k	0.000070% € 30.8k
Pierre Cambefort	Director	3.9yrs	€68.60k	0% € 0
Raphael Appert	Representative Deputy Chairman of the Board of Directors	6.9yrs	€42.14k	0.00035% € 154.0k
Carol Sirou	Independent Director	less than a year	€41.37k	0.000040% € 17.6k
Marie-Claire Daveu	Independent Director	3.9yrs	€62.93k	0% € 0
Pascale Berger	Non-Voting Director	2.9yrs	€36.43k	0.000080% € 35.2k
Pascal Lheureux	Director	3.9yrs	€45.92k	0.000010% € 4.4k
Louis Tercinier	Director	6.9yrs	€40.25k	0.00013% € 57.2k
Agnes Audier	Independent Director	2.9yrs	€65.10k	0.00017% € 74.8k
Sonia Bonnet-Bernard	Independent Director	1.9yrs	€88.27k	0% € 0

3.9yrs

Average Tenure

60.5yo

Average Age

Experienced Board: 1ACA's board of directors are considered experienced (3.9 years average tenure).

Crédit Agricole Management

Management criteria checks 4/4

Key information

Recent management updates

Crédit Agricole and Worldline Announces Executive Appointments to its Joint-Venture

Indosuez Wealth Management Hires Dagras as Head of Risk Management

Crédit Agricole S.A. Announces Management Changes

Crédit Agricole S.A., Annual General Meeting, May 22, 2024

Crédit Agricole S.A. Announces Executive Appointments

Crédit Agricole CIB Appoints Harjeet Sadera as Director

Recent updates

Dividend of €1.05 announced

Full year 2023 earnings released: EPS: €1.94 (vs €1.64 in FY 2022)

Crédit Agricole and Worldline Announces Executive Appointments to its Joint-Venture

Full year 2023 earnings released: EPS: €1.94 (vs €2.69 in FY 2022)

Crédit Agricole S.A. (ENXTPA:ACA) acquired 7% stake in Worldline SA (ENXTPA:WLN).

Third quarter 2023 earnings released

Credit Agricole, BAWAG Reportedly Set to Submit Binding Bids for Barclays German Unit

Indosuez Wealth Management Hires Dagras as Head of Risk Management

New minor risk - Share price stability

Crédit Agricole S.A. (ENXTPA:ACA) acquired Worklife SAS.

Crédit Agricole S.A. Announces Management Changes

Second quarter 2023 earnings released: EPS: €0.64 (vs €0.62 in 2Q 2022)

Crédit Agricole S.A., Annual General Meeting, May 22, 2024

New major risk - Revenue and earnings growth

Inaugural dividend of €1.05 per share

First quarter 2023 earnings released: EPS: €0.36 (vs €0.14 in 1Q 2022)

Full year 2022 earnings released: EPS: €1.64 (vs €1.84 in FY 2021)

Full year 2022 earnings released: EPS: €1.68 (vs €1.84 in FY 2021)

Santander Not Interested in Potential Acquisition of Orange Bank

Third quarter 2022 earnings released: EPS: €0.37 (vs €0.43 in 3Q 2021)

Third quarter 2022 earnings released: EPS: €0.37 (vs €0.43 in 3Q 2021)

Crédit Agricole S.A. to Report Q3, 2023 Results on Aug 08, 2023

Crédit Agricole S.A. (ENXTPA:ACA) intends to acquire 4.8% stake in Credit Agricole - Egypt Bank (S.A.E.) (CASE:CIEB).

Now 21% undervalued after recent price drop

Second quarter 2022 earnings released: EPS: €0.88 (vs €0.63 in 2Q 2021)

Crédit Agricole S.A. Announces Executive Appointments

Crédit Agricole S.A. Proposes Additional Dividend

Crédit Agricole CIB Appoints Harjeet Sadera as Director

Now 23% undervalued after recent price drop

Lowey Dannenberg, P.C. and Lovell Stewart Halebian Jacobson LLP Announces Settlement Against Crédit Agricole S.A. and Crédit Agricole CIB

Crédit Agricole S.A. Approves Board Changes

Crédit Agricole S.A. Approves Board Changes

Credit Agricole Italy Expressed Interest for Banco BPM's Insurance Business

Upcoming dividend of €1.05 per share

Now 20% undervalued after recent price drop

First quarter 2022 earnings released: EPS: €0.14 (vs €0.32 in 1Q 2021)

Credit Agricole Sa Proposes Cash Dividend, Payable 1 June 2022

Credit Agricole Reportedly Tells Rome No Plans to Win Control of Banco BPM

Crédit Agricole S.A. (ENXTPA:ACA) acquired 9.18% stake in Banco BPM S.p.A. (BIT:BAMI).

Now 21% undervalued after recent price drop

Now 24% undervalued after recent price drop

Investor sentiment deteriorated over the past week

Orsted Reportedly in Talks with AXA Consortium on UK Offshore Wind Farm Stake

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

FITD Reportedly to Find Buyer for Banca Carige

Generali to Purchase Credit Agricole Subsidiary

Credit Agricole Reportedly in Talks to Take over Olinn

Pierre Bellanger agreed to acquire an unknown remaining stake in Vortex S.A. from Crédit Agricole S.A. (ENXTPA:ACA).

Independent Director has left the company

Independent Director has left the company

Independent Director has left the company

Director has left the company

Crédit Agricole S.A. Approves to Distribute a Dividend

Upcoming dividend of €0.80 per share

First quarter 2021 earnings released: EPS €0.32 (vs €0.17 in 1Q 2020)

New 90-day high: €11.17

Full year 2020 earnings released: EPS €0.80 (vs €1.50 in FY 2019)

Credit Agricole Appoints Laurent Proutiere as New Head

Crédit Agricole S.A. to Report Q4, 2020 Results on Feb 11, 2021

New 90-day high: €8.93

Market bids up stock over the past week

Revenue beats expectations

New 90-day low: €7.10

Crédit Agricole Reportedly on the Hunt for Acquisition Targets in Italy

ABANCA Corporación Bancaria, S.A. signed a preliminary agreement to acquire Bankoa, S.A. from Crédit Agricole S.A. (ENXTPA:ACA).

New 90-day low: €7.70

Credit Agricole SA to Report Fiscal Year 2008 Results on Mar 04, 2009

Crédit Agricole S.A. to Report Q3, 2021 Results on Nov 10, 2021

Earnings released