Adecco Group Management
Management criteria checks 3/4
Adecco Group's CEO is Denis Machuel, appointed in Jul 2022, has a tenure of 3.75 years. total yearly compensation is €5.63M, comprised of 24.8% salary and 75.2% bonuses, including company stock and options. directly owns 0.031% of the company’s shares, worth €1.01M. The average tenure of the management team and the board of directors is 5.1 years and 4 years respectively.
Key information
Denis Machuel
Chief executive officer
€5.6m
Total compensation
| CEO salary percentage | 24.83% |
| CEO tenure | 3.8yrs |
| CEO ownership | 0.03% |
| Management average tenure | 5.1yrs |
| Board average tenure | 4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2025 | €6m | €1m | €295m |
| Sep 30 2025 | n/a | n/a | €280m |
| Jun 30 2025 | n/a | n/a | €290m |
| Mar 31 2025 | n/a | n/a | €290m |
| Dec 31 2024 | €5m | €1m | €303m |
| Sep 30 2024 | n/a | n/a | €298m |
| Jun 30 2024 | n/a | n/a | €302m |
| Mar 31 2024 | n/a | n/a | €306m |
| Dec 31 2023 | €5m | €1m | €325m |
| Sep 30 2023 | n/a | n/a | €322m |
| Jun 30 2023 | n/a | n/a | €327m |
| Mar 31 2023 | n/a | n/a | €342m |
| Dec 31 2022 | €3m | €766k | €342m |
Compensation vs Market: Denis's total compensation ($USD6.59M) is above average for companies of similar size in the Italian market ($USD3.51M).
Compensation vs Earnings: Denis's compensation has been consistent with company performance over the past year.
CEO
Denis Machuel (61 yo)
Mr. Denis Machuel serves as an Independent Director at Kyndryl Holdings, Inc. October 2021. Mr. Machuel has served as Chief Executive Officer of The Adecco Group since July 2022. He had been Chief Executiv...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 3.8yrs | €5.63m | 0.031% € 1.0m | |
| President of Adecco Brand | 10.6yrs | no data | 0.015% € 494.8k | |
| Chief Financial Officer | less than a year | no data | no data | |
| Head of Investor Relations | 5.1yrs | no data | no data | |
| Director of Communications | no data | no data | no data | |
| Chief Human Resources Officer | 2.3yrs | no data | no data | |
| Group Head of Financial Planning & Analysis | 5.1yrs | no data | no data | |
| President of Geographic Regions & Regional President of Workforce Solutions Asia Pacific | 8.3yrs | no data | 0.0020% € 65.6k | |
| Global Head of Art & Design | no data | no data | no data | |
| Country Head of Japan | no data | no data | no data | |
| Chairman & MD for Adecco India | 5.3yrs | no data | no data | |
| President of LHH | 4.2yrs | no data | 0.0017% € 55.2k |
Experienced Management: 1ADEN's management team is seasoned and experienced (5.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Chairman | 11yrs | €1.66m | 0.062% € 2.0m | |
| Independent Director | 5yrs | €457.07k | 0.010% € 337.9k | |
| Non-Executive Director | 2yrs | €385.90k | 0.0045% € 146.6k | |
| Non-Executive Director | 1yr | €385.42k | 0.0029% € 95.0k | |
| Independent Director | 8yrs | €514.00k | 0.018% € 588.8k | |
| Independent Director | 3yrs | €443.17k | 0.0080% € 257.4k |
Experienced Board: 1ADEN's board of directors are considered experienced (4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/04/24 03:37 |
| End of Day Share Price | 2026/04/24 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Adecco Group AG is covered by 31 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Gerhard Schwarz | Baader Helvea Equity Research |
| James Rowland Clark | Barclays |
| Afonso Osorio | Barclays |