Compagnie de Saint-Gobain Management

Management criteria checks 3/4

Compagnie de Saint-Gobain's CEO is Benoit Bazin, appointed in Jul 2021, has a tenure of 1.08 years. total yearly compensation is €4.57M, comprised of 19.1% salary and 80.9% bonuses, including company stock and options. directly owns 0.012% of the company’s shares, worth €2.76M. The average tenure of the management team and the board of directors is 3.5 years and 7.6 years respectively.

Key information

Benoit Bazin

Chief executive officer

€4.6m

Total compensation

CEO salary percentage	19.1%
CEO tenure	less than a year
CEO ownership	0.01%
Management average tenure	3.5yrs
Board average tenure	7.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Benoit Bazin's remuneration changed compared to Compagnie de Saint-Gobain's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2022	n/a	n/a	€3b
Mar 31 2022	n/a	n/a	€3b
Dec 31 2021	€5m	€875k	€3b
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	€3m	€695k	€456m
Sep 30 2020	n/a	n/a	€370m
Jun 30 2020	n/a	n/a	€283m
Mar 31 2020	n/a	n/a	€845m
Dec 31 2019	€2m	€750k	€1b

Compensation vs Market: Benoit's total compensation ($USD4.64M) is about average for companies of similar size in the Italian market ($USD4.12M).

Compensation vs Earnings: Benoit's compensation has increased by more than 20% in the past year.

CEO

Benoit Bazin (54 yo)

less than a year

Tenure

€4,569,717

Compensation

Mr. Benoit Bazin serves as Chief Executive Officer of Compagnie de Saint-Gobain S.A. since July 1, 2021 and serves as its Director since June 3, 2021. Mr. Bazin served as Chief Operating Officer at Compagn...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Benoit Bazin	CEO & Director	less than a year	€4.57m	0.012% € 2.8m
Sreedhar N.	Chief Financial Officer	3.5yrs	no data	no data
Benoit d'Iribarne	Senior Vice-President of Technology & Industrial Performance	3.5yrs	no data	no data
Frédéric Verger	Vice-President of Information Systems	11.5yrs	no data	no data
Ursula Soritsch-Renier	Group Chief Digital & Information Officer	1.3yrs	no data	no data
Vivien Dardel	Head of Financial Communication & Investor Relations	5.3yrs	no data	no data
Antoine Vignial	Corporate Secretary & Group General Counsel	10.5yrs	no data	no data
Laurence Pernot	Vice-President of Communications	4.8yrs	no data	no data
Cordula Gudduschat	Vice-President of Marketing & Development	3.5yrs	no data	no data
Claire Pedini	Senior VP of HR & Corporate Social Responsibility	12.1yrs	no data	no data
David Molho	CEO of High Performance Solutions	no data	no data	no data
Thierry Fournier	Senior VP and CEO of Southern Europe	3.5yrs	no data	no data

3.5yrs

Average Tenure

54.5yo

Average Age

Experienced Management: SGO's management team is considered experienced (3.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Benoit Bazin	CEO & Director	1.1yrs	€4.57m	0.012% € 2.8m
Jean-Dominique Senard	Lead Independent Director	10.1yrs	€85.56k	0.0015% € 327.9k
Pierre-Andre de Chalendar	Chairman	16.1yrs	€1.84m	0.060% € 13.4m
Jean-Louis Beffa	Honorary Chairman	no data	no data	no data
Gilles Schnepp	Director	13.1yrs	€88.54k	0.00015% € 33.5k
Amal Chakrabortti	Non-Executive Independent Chairman of Grindwell Norton Limited	no data	no data	no data
Jean-Francois Cirelli	Independent Director	2.1yrs	€79.93k	0.00015% € 33.5k
Yvette M. Leroy	Independent Director	4.7yrs	€84.07k	0.00019% € 42.4k
Agnes Lemarchand	Independent Director	9.1yrs	€95.53k	0.00043% € 95.9k
Pamela Knapp	Independent Director	9.1yrs	€90.13k	0.00035% € 78.1k
Ieda Gomes Yell	Independent Director	6.1yrs	€85.56k	0.00015% € 33.5k
Lydie Cortes	Employee Director	4.2yrs	€88.54k	0.00042% € 93.7k

7.6yrs

Average Tenure

64yo

Average Age

Experienced Board: SGO's board of directors are considered experienced (7.6 years average tenure).

Compagnie de Saint-Gobain Management

Management criteria checks 3/4

Key information

Recent management updates

Compagnie de Saint-Gobain S.A. Announces Executive Changes

Compagnie de Saint-Gobain S.A., Annual General Meeting, Jun 08, 2023

Compagnie de Saint-Gobain S.A., Annual General Meeting, Jun 03, 2021

Recent updates

Compagnie De Saint-Gobain S.A. Recommends Payment of Cash Dividend for 2023, Payable on June 12, 2024

Saint Gobain in Talks to Buy Australia's CSR

Compagnie de Saint-Gobain S.A. (ENXTPA:SGO) acquired International Cellulose Corporation.

Compagnie de Saint-Gobain S.A. (ENXTPA:SGO) agreed to acquire Glass Service, a.s.

Compagnie de Saint-Gobain S.A. (ENXTPA : SGO) acquired Menkol Industries Private Limited.

Compagnie de Saint-Gobain S.A. Announces Executive Changes

Compagnie de Saint-Gobain S.A. (ENXTPA:SGO) entered into a definitive agreement to acquire Izomaks Industries LLC.

Compagnie de Saint-Gobain S.A. to Report Fiscal Year 2023 Results on Feb 29, 2024

Compagnie de Saint-Gobain S.A. (ENXTPA:SGO) entered into a definitive agreement to acquire Adfil NV.

Compagnie de Saint-Gobain S.A. (ENXTPA:SGO) completed the acquisition of Building Products of Canada Corp.

Compagnie de Saint-Gobain S.A. (ENXTPA:SGO) acquired United Paints & Chemicals, S.A.E.

Compagnie de Saint-Gobain S.A. (ENXTPA:SGO) acquired United Paints & Chemicals, S.A.E.

Compagnie de Saint-Gobain S.A. (ENXTPA:SGO) entered into a definitive agreement to acquire Building Products of Canada Corp. for CAD 1.3 Billion.

Compagnie de Saint-Gobain S.A. (ENXTPA:SGO) entered into a definitive agreement to acquire Building Products of Canada Corp. for CAD 1.3 Billion.

Compagnie de Saint-Gobain S.A. (ENXTPA:SGO) acquired Termica San Luis S.A.

Compagnie de Saint-Gobain S.A. (ENXTPA:SGO) acquired Matchem.

Stark Group A/S signed an agreement to acquire Saint-Gobain Building Distribution Limited from Compagnie de Saint-Gobain S.A. (ENXTPA:SGO).

Compagnie de Saint-Gobain S.A., Annual General Meeting, Jun 08, 2023

Trelleborg Sealing Solutions Germany GmbH completed the acquisition of Saint-Gobain Performance Plastics Mg Silikon GmbH from Compagnie de Saint-Gobain S.A. (ENXTPA:SGO).

Compagnie de Saint-Gobain S.A. to Report Fiscal Year 2022 Results on Feb 23, 2023

Compagnie de Saint-Gobain S.A. (ENXTPA:SGO) acquired unknown minority stake in Megasol Energie Ag.

Compagnie de Saint-Gobain S.A. (ENXTPA:SGO) completed the acquisition of GCP Applied Technologies Inc. (NYSE:GCP) from a group of shareholders.

Edgewater Capital Management, LLC and SK Capital Partners entered into a binding offer to acquire Saint-Gobain Crystals from Compagnie de Saint-Gobain S.A. (ENXTPA:SGO) for an enterprise value of $214 million

Compagnie De Saint-Gobain S.A. Provides Earnings Guidance for the Year 2022

First half 2022 earnings released

Trelleborg Sealing Solutions Germany GmbH agreed to acquire Saint-Gobain Performance Plastics Mg Silikon GmbH from Compagnie de Saint-Gobain S.A. (ENXTPA:SGO).

Jem & Fix A/S agreed to acquire Protrae A/S from Compagnie de Saint-Gobain S.A. (ENXTPA:SGO).

Investor sentiment deteriorated over the past week

Chiltern Capital LLP along with John Bagshaw, Managing Director of International Decorative Surfaces acquired International Decorative Surfaces from Compagnie de Saint-Gobain S.A. (ENXTPA:SGO).

Compagnie de Saint-Gobain S.A. (ENXTPA:SGO) entered into a definitive agreement to acquire Kaycan Ltd. from family for approximately $930 million.

Upcoming dividend of €1.63 per share

AEQUITA SE & Co KGaA entered into an agreement to acquire Glas Ziegler Ges.M.B.H/ECKELT GLAS GmbH from Compagnie de Saint-Gobain S.A. (ENXTPA:SGO).

Compagnie de Saint-Gobain S.A. (ENXTPA:SGO) entered into an agreement to acquire Fibroplac-Fábrica de Placas de Gesso Laminado, S.A and Falper - Falsos Tectos E Perfis Isolantes, S.A..

Compagnie de Saint-Gobain S.A. (ENXTPA:SGO) entered into an agreement to acquire Fibroplac-Fábrica de Placas de Gesso Laminado, S.A and Falper - Falsos Tectos E Perfis Isolantes, S.A..

John Bagshaw, Managing Director of International Decorative Surfaces entered into an agreement to acquire International Decorative Surfaces from Compagnie de Saint-Gobain S.A. (ENXTPA:SGO).

Aurelius Investments completed the acquisition of Saint-Gobain Building Distribution Limited from Compagnie de Saint-Gobain S.A. (ENXTPA:SGO).

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

Now 25% undervalued after recent price drop

Compagnie de Saint-Gobain S.A. (ENXTPA:SGO) entered into Share Purchase Agreement to acquire Starcin Topco S.à r.l./Starcin Invest S.C.A/Starcin GP Invest S.à r.l. from Cinven Capital Management (Vi) General Partner Limited and Starcin Luxembourg S.À R.L.

Polar Glass OÜ agreed to acquire AS Baltiklaas from Compagnie de Saint-Gobain S.A. (ENXTPA:SGO).

Wolseley UK Limited entered into binding agreement to acquire Neville Lumb, DHS and Bassetts brands from Compagnie de Saint-Gobain S.A.

Semcoglas Holding GmbH acquired Glassolutions SAINT-GOBAIN in Denmark from Compagnie de Saint-Gobain S.A. (ENXTPA:SGO).

Director Denis Ranque has left the company

An unknown buyer acquired Aurys from Compagnie de Saint-Gobain S.A. (ENXTPA:SGO).

Arbonia AG (SWX:ARBN) agreed to acquire Glasverarbeitungs- Gesellschaft Deggendorf Mbh from Compagnie de Saint-Gobain S.A. (ENXTPA:SGO).

First half 2021 earnings released: EPS €2.45 (vs €0.81 loss in 1H 2020)

Building Materials Europe B.V. agreed to acquire Building distribution operations in the Netherlands from Compagnie de Saint-Gobain S.A. (ENXTPA:SGO) for for €150 million.

Independent Director Philippe Varin has left the company

Compagnie De Saint-Gobain S.A. Provides Earnings Guidance for the First Half of 2021

Mutares SE & Co. KGaA (XTRA:MUX) acquired Lapeyre SAS from Compagnie de Saint-Gobain S.A. (ENXTPA:SGO).

AEQUITA SE & Co KGaA completed the acquisition of Saint-Gobain Glassolutions Objekt-Center Gmbh from Compagnie de Saint-Gobain S.A. (ENXTPA:SGO).

Upcoming dividend of €1.33 per share

Compagnie de Saint-Gobain S.A. (ENXTPA:SGO) signed an agreement to acquire Duraziv Srl.

Saint-Gobain Enters into Exclusive Negotiations to Acquire Panofrance

New 90-day high: €44.50

Revenue misses expectations

Full year 2020 earnings released: EPS €0.85 (vs €2.59 in FY 2019)

Compagnie de Saint-Gobain S.A. to Report First Half, 2021 Results on Jul 29, 2021

An unknown buyer acquired Sanigrif and Saniplast S.L. from Compagnie de Saint-Gobain S.A. (ENXTPA:SGO).

New 90-day high: €40.18

Saint-Gobain in Exclusive Talks with BME to Sell Dutch Distribution Unit

Compagnie de Saint-Gobain S.A., Annual General Meeting, Jun 03, 2021

Market bids up stock over the past week

New 90-day high: €39.67

Compagnie de Saint-Gobain S.A. to Report Fiscal Year 2020 Results on Feb 25, 2021

New 90-day high: €36.77

Compagnie de Saint-Gobain S.A. (ENXTPA:SGO) acquired an unknown majority stake in Bruggemann Holzbau Gmbh & Co. Kg from Brüggemann Holding GmbH and Tobias Brüggemann.

Compagnie de Saint-Gobain S.A. (ENXTPA:SGO) acquired Strikolith B.V.

New 90-day high - €34.45

New 90-day high - €34.42

New 90-day high - €33.94

CEO Compensation Analysis