BASF Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Markus Kamieth

Chief executive officer

€3.8m

Total compensation

CEO salary percentage	21.0%
CEO tenure	7.5yrs
CEO ownership	n/a
Management average tenure	6.9yrs
Board average tenure	3.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Markus Kamieth's remuneration changed compared to BASF's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	€497m
Jun 30 2024	n/a	n/a	-€39m
Mar 31 2024	n/a	n/a	€31m
Dec 31 2023	€4m	€800k	€225m
Sep 30 2023	n/a	n/a	-€3b
Jun 30 2023	n/a	n/a	-€2b
Mar 31 2023	n/a	n/a	-€286m
Dec 31 2022	€3m	€800k	-€627m
Sep 30 2022	n/a	n/a	€5b
Jun 30 2022	n/a	n/a	€5b
Mar 31 2022	n/a	n/a	€5b
Dec 31 2021	€4m	€800k	€6b
Sep 30 2021	n/a	n/a	€5b
Jun 30 2021	n/a	n/a	€2b
Mar 31 2021	n/a	n/a	-€601m
Dec 31 2020	€2m	€760k	-€1b
Sep 30 2020	n/a	n/a	-€2b
Jun 30 2020	n/a	n/a	€1b
Mar 31 2020	n/a	n/a	€2b
Dec 31 2019	€4m	€800k	€2b
Sep 30 2019	n/a	n/a	€2b
Jun 30 2019	n/a	n/a	€2b
Mar 31 2019	n/a	n/a	€3b
Dec 31 2018	€4m	€800k	€4b
Sep 30 2018	n/a	n/a	€5b
Jun 30 2018	n/a	n/a	€5b
Mar 31 2018	n/a	n/a	€5b
Dec 31 2017	€3m	€507k	€5b

Compensation vs Market: Markus's total compensation ($USD4.03M) is about average for companies of similar size in the Italian market ($USD3.23M).

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

CEO

Markus Kamieth (54 yo)

7.5yrs

Tenure

€3,801,000

Compensation

Dr. Markus Kamieth serves as President of Coatings Division at BASF Coatings GmbH. Dr. Kamieth has been a Member of the Board of Executive Directors at BASF SE since May 12, 2017 and is its CEO since April...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Markus Kamieth	CEO & Chairman of the Board of Executive Directors	7.5yrs	€3.80m	no data
Dirk Elvermann	Member of the Board of Executive Directors	2.1yrs	€1.51m	no data
Michael Heinz	Member of the Board of Executive Directors	13.5yrs	€3.54m	no data
Stephan Kothrade	President of Intermediates & Member of the Board of Executive Directors	1.7yrs	€1.63m	no data
Anup Kothari	Member of the Board of Executive Director & President of the Nutrition and Health Division	less than a year	no data	no data
Katja Scharpwinkel	Member of the Board of Executive Director	less than a year	no data	no data
Christian-Matthias Jutzi	Senior VP of Mobile Emissions Catalysts & President of Corporate Finance	1.5yrs	no data	no data
Stefan Beckmann	Senior VP of Global Process/Enterprise Architecture & Region Europe and Chief Information Officer	6.9yrs	no data	no data
Stefanie Wettberg	Senior Vice President of Investor Relations	8.5yrs	no data	no data
Nina Schwab-Hautzinger	Head of Corporate Communication & Government Relations	no data	no data	no data
Andre Becker	President of Human Resources	8.7yrs	no data	no data
Michael Stumpp	Managing Director of BASF Mexicana	11.1yrs	no data	no data

6.9yrs

Average Tenure

54yo

Average Age

Experienced Management: 1BAS's management team is seasoned and experienced (6.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Kurt Bock	Independent Shareholder Representative Chairman of Supervisory Board	4.4yrs	€550.00k	no data
Michael Vassiliadis	Employee Representative Member of the Supervisory Board	20.3yrs	€275.00k	no data
Stefan Asenkerschbaumer	Independent Shareholder Representative Vice Chairman of the Supervisory Board	2.6yrs	€316.70k	no data
Liming Chen	Independent Shareholder Representative Member of the Supervisory Board	4.1yrs	€200.00k	no data
Tamara Weinert	Shareholder Representative Member of Supervisory Board	less than a year	no data	no data
Alessandra Genco	Independent Shareholder Representative Member of the Supervisory Board	2.6yrs	€187.50k	no data
Sinischa Horvat	Independent Employee Representative Vice Chairman of the Supervisory Board	7.5yrs	€325.00k	no data
Tatjana Diether	Independent Employee Representative Member of the Supervisory Board	6.5yrs	€262.50k	no data
Thomas Carell	Independent Shareholder Representative Member of Supervisory Board	5.5yrs	€200.00k	no data
Andre Matta	Independent Employee Representative Member of the Supervisory Board	2.6yrs	€150.00k	no data
Natalie Muhlenfeld	Independent Employee Representative Member of the Supervisory Board	2.6yrs	€200.00k	no data
Peter Zaman	Independent Employee Representative Member of the Supervisory Board	2.6yrs	€200.00k	no data

3.3yrs

Average Tenure

58yo

Average Age

Experienced Board: 1BAS's board of directors are considered experienced (3.3 years average tenure).

BASF Management

Management criteria checks 4/4

Key information

Recent management updates

BASF SE Announces Management Changes

BASF SE Announces Chief Executive Changes

BASF SE, Annual General Meeting, Apr 27, 2023

BASF SE, Annual General Meeting, Apr 29, 2021

Recent updates

Third quarter 2024 earnings released: EPS: €0.32 (vs €0.28 loss in 3Q 2023)

BASF SE Provides Dividend Guidance for the Year 2024

Now 20% undervalued

Lakra Sintez, Ooo completed the acquisition of BASF Vostok, OOO from BASF SE (XTRA:BAS).

Now 20% undervalued after recent price drop

Now 22% undervalued

First quarter 2024 earnings released: EPS: €1.53 (vs €1.75 in 1Q 2023)

Upcoming dividend of €3.40 per share

Nanophase Technologies Corporation Announces Successful Litigation Settlement with BASF

Full year 2023 earnings released: EPS: €0.25 (vs €0.69 loss in FY 2022)

BASF SE to Report Fiscal Year 2023 Results on Feb 23, 2024

BASF SE to Report Q1, 2024 Results on Apr 25, 2024

BASF SE Announces Management Changes

BASF SE Announces Chief Executive Changes

Third quarter 2023 earnings released: EPS: €0.28 (vs €1.01 in 3Q 2022)

Now 20% undervalued after recent price drop

BASF Reportedly Aims to Sell Several Units Before Planned CEO Departure

Now 21% undervalued

Second quarter 2023 earnings released: EPS: €0.56 (vs €2.31 in 2Q 2022)

Roosevelt County Water Coop Sues 3M, DuPont, Raytheon, Several Others Over PFAS Contamination

First quarter 2023 earnings released: EPS: €1.75 (vs €1.34 in 1Q 2022)

Upcoming dividend of €3.40 per share at 6.7% yield

Full year 2022 earnings released: EPS: €0.70 (vs €6.05 in FY 2021)

BASF SE Provides Earnings Guidance for the Year 2022

BASF SE to Report Q3, 2023 Results on Oct 31, 2023

Third quarter 2022 earnings released: EPS: €1.01 (vs €1.41 in 3Q 2021)

Clariant International Ltd completed the acquisition of Attapulgite business assets of BASF SE from BASF SE (XTRA:BAS).

Third quarter 2022 earnings released: EPS: €1.01 (vs €1.41 in 3Q 2021)

BASF SE Provides Earnings Guidance for Third Quarter of 2022

KaMin LLC acquired Kaolin Minerals Business from BASF SE (XTRA:BAS).

BASF introduces X3D™, A Catalyst Shaping Technology for Optimized Catalyst Performance

Second quarter 2022 earnings released: EPS: €2.31 (vs €1.80 in 2Q 2021)

Basf Introduces Puricycle® Portfolio of Catalysts and Adsorbents to Enable Plastics Recycling

BASF SE Provides Earnings Guidance for Second Quarter of 2022

BASF SE, Annual General Meeting, Apr 27, 2023

BASF Reportedly Weighs Transferring Wintershall's Russian Assets to Co-Owner

First quarter 2022 earnings released: EPS: €1.34 (vs €1.87 in 1Q 2021)

Upcoming dividend of €3.40 per share

BASF SE Provides Earnings Guidance for First Quarter of 2022

Investor sentiment deteriorated over the past week

Full year 2021 earnings: Revenues exceed analyst expectations

Clariant International Ltd signed an agreement to acquire Attapulgite business assets of BASF from BASF SE (XTRA:BAS).

Third quarter 2021 earnings released: EPS €1.41 (vs €2.32 loss in 3Q 2020)

BASF SE (XTRA:BAS) completed the acquisition of a 49.5% stake in Hollandse Kust Zuid Wind Farm from Vattenfall AB (publ) for €300 million.

Second quarter 2021 earnings released: EPS €1.80 (vs €0.96 loss in 2Q 2020)

BASF SE (XTRA:BAS) entered in an agreement to acquire 49.5% stake in Hollandse Kust Zuid Wind Farm from Vattenfall AB (publ) for approximately €300 million.

One Rock Capital Partners, LLC completed the acquisition of Manufacturing site in Kankakee, Illinois and the associated businesses from BASF SE (XTRA:BAS).

Member of Board of Executive Directors has left the company

First quarter 2021 earnings released: EPS €1.87 (vs €0.94 in 1Q 2020)

Upcoming dividend of €3.30 per share

BASF SE, Annual General Meeting, Apr 29, 2021

New 90-day high: €70.20

Full year 2020 earnings released: €1.58 loss per share (vs €2.70 profit in FY 2019)

Revenue beats expectations

BASF Collaborates with EDF Energy North America

Aqua Metals, Inc. and BASF Establish Global Partnership

BASB Wins MYR 120.0 Million Contract

BASF SE to Report Q3, 2021 Results on Oct 27, 2021

One Rock Capital Partners, LLC entered into a definitive agreement to acquire Manufacturing site in Kankakee, Illinois and the associated businesses from BASF SE (XTRA:BAS).

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

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