Forvia Management
Management criteria checks 2/4
Forvia's CEO is Patrick Koller, appointed in Jul 2016, has a tenure of 6.92 years. total yearly compensation is €5.33M, comprised of 20.6% salary and 79.4% bonuses, including company stock and options. directly owns 0.076% of the company’s shares, worth MX$61.10M. The average tenure of the management team and the board of directors is 5.7 years and 5.8 years respectively.
Key information
Patrick Koller
Chief executive officer
€5.3m
Total compensation
| CEO salary percentage | 20.6% |
| CEO tenure | 6.9yrs |
| CEO ownership | 0.08% |
| Management average tenure | 5.7yrs |
| Board average tenure | 5.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2022 | €5m | €1m | -€382m |
| Sep 30 2022 | n/a | n/a | -€419m |
| Jun 30 2022 | n/a | n/a | -€455m |
| Mar 31 2022 | n/a | n/a | -€219m |
| Dec 31 2021 | €5m | €1m | €18m |
| Sep 30 2021 | n/a | n/a | €125m |
| Jun 30 2021 | n/a | n/a | €232m |
| Mar 31 2021 | n/a | n/a | -€64m |
| Dec 31 2020 | €3m | €855k | -€360m |
| Sep 30 2020 | n/a | n/a | -€266m |
| Jun 30 2020 | n/a | n/a | -€171m |
| Mar 31 2020 | n/a | n/a | €209m |
| Dec 31 2019 | €4m | €863k | €590m |
| Sep 30 2019 | n/a | n/a | €647m |
| Jun 30 2019 | n/a | n/a | €704m |
| Mar 31 2019 | n/a | n/a | €703m |
| Dec 31 2018 | €3m | €825k | €701m |
| Jun 30 2018 | n/a | n/a | €638m |
| Mar 31 2018 | n/a | n/a | €623m |
| Dec 31 2017 | €3m | €750k | €607m |
| Jun 30 2017 | n/a | n/a | €563m |
| Mar 31 2017 | n/a | n/a | €506m |
| Dec 31 2016 | €3m | €685k | €450m |
Compensation vs Market: Patrick's total compensation ($USD5.73M) is above average for companies of similar size in the MX market ($USD1.61M).
Compensation vs Earnings: Patrick's compensation has increased whilst the company is unprofitable.
CEO
Patrick Koller (64 yo)
6.9yrs
Tenure
€5,330,512
Compensation
Mr. Patrick Koller has been an Independent Director at Legrand SA since May 30, 2018. He has been the Chief Executive Officer of Faurecia S.E. (formerly known as Faurecia S.A.) since July 1, 2016. Mr. Koll...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 6.9yrs | €5.33m | 0.076% MX$ 61.1m | |
| Executive VP & Group CFO | 1.4yrs | no data | no data | |
| Executive Vice President of Group Operations | 3.8yrs | no data | no data | |
| Head of Investor Relations | 5.9yrs | no data | no data | |
| Executive VP | 8.1yrs | no data | no data | |
| Chief Compliance Officer | 8.1yrs | no data | no data | |
| Executive Vice President of Group Communications | 2.4yrs | no data | no data | |
| Executive Vice-Chairman of Sales & Program Management | 6.2yrs | no data | no data | |
| Executive Vice-President of Group Human Resources | no data | no data | no data | |
| Executive Vice-President of Asia & Faurecia Clarion Electronics | 5.4yrs | no data | no data | |
| Executive Vice-Chairman of Faurecia Interiors | 4.2yrs | no data | no data | |
| SVP of Cockpit of the Future | no data | no data | no data |
5.7yrs
Average Tenure
59.5yo
Average Age
Experienced Management: FRVIA N's management team is seasoned and experienced (5.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 6.1yrs | €5.33m | 0.076% MX$ 61.1m | |
| Independent Chairman of the Board | 7.1yrs | €311.32k | 0.0064% MX$ 5.1m | |
| Independent Director | 2.3yrs | €77.50k | 0.00025% MX$ 201.4k | |
| Representative Director | 16.1yrs | €77.00k | 0.00035% MX$ 281.9k | |
| Honorary Chairman | 6yrs | no data | no data | |
| Independent Director | 6.1yrs | €87.50k | 0.00025% MX$ 201.4k | |
| Independent Director | 7.1yrs | €93.00k | 0.00034% MX$ 273.9k | |
| Independent Director | 5.7yrs | €75.00k | 0.00033% MX$ 265.8k | |
| Independent Director | 4.1yrs | €89.50k | 0.00059% MX$ 475.2k | |
| Employee Representative Director | 5.6yrs | €87.50k | no data | |
| Employee Representative Director | 5.6yrs | €75.00k | no data | |
| Independent Director | 4.1yrs | €57.00k | 0.00028% MX$ 225.5k |
5.8yrs
Average Tenure
66yo
Average Age
Experienced Board: FRVIA N's board of directors are considered experienced (5.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/06/11 00:33 |
| End of Day Share Price | 2023/03/14 00:00 |
| Earnings | 2022/12/31 |
| Annual Earnings | 2022/12/31 |
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 here.
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 .
Analyst Sources
Forvia SE is covered by 40 analysts. 16 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 |
|---|---|
| Hans-Peter Wodniok | AlphaValue |
| Michael Tyndall | Barclays |
| Erwann Dagorne | Barclays |