Compagnie Générale des Établissements Michelin Société en commandite par actions Management
Management criteria checks 3/4
We currently do not have sufficient information about the CEO.
Key information
Florent Menegaux
Chief executive officer
€3.8m
Total compensation
| CEO salary percentage | 28.9% |
| CEO tenure | 5yrs |
| CEO ownership | 0.02% |
| Management average tenure | 4.1yrs |
| Board average tenure | 6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | €4m | €1m | €2b |
| Sep 30 2023 | n/a | n/a | €2b |
| Jun 30 2023 | n/a | n/a | €2b |
| Mar 31 2023 | n/a | n/a | €2b |
| Dec 31 2022 | €3m | €1m | €2b |
| Sep 30 2022 | n/a | n/a | €2b |
| Jun 30 2022 | n/a | n/a | €2b |
| Mar 31 2022 | n/a | n/a | €2b |
| Dec 31 2021 | €3m | €900k | €2b |
| 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 | €2m | €900k | €628m |
| Sep 30 2020 | n/a | n/a | €691m |
| Jun 30 2020 | n/a | n/a | €754m |
| Mar 31 2020 | n/a | n/a | €1b |
| Dec 31 2019 | €2m | €900k | €2b |
| Sep 30 2019 | n/a | n/a | €2b |
| Jun 30 2019 | n/a | n/a | €2b |
| Mar 31 2019 | n/a | n/a | €2b |
| Dec 31 2018 | €2m | €555k | €2b |
Compensation vs Market: Florent's total compensation ($USD4.12M) is below average for companies of similar size in the MX market ($USD5.96M).
Compensation vs Earnings: Florent's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Florent Menegaux (61 yo)
5yrs
Tenure
€3,806,845
Compensation
Mr. Florent Menegaux serves as a Chief Executive Officer at Compagnie Générale des Établissements Michelin since May 15, 2019 and its Managing General Partner since May 18, 2018 also its Managing Chairman...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, Managing General Partner & Managing Chairman | 5yrs | €3.81m | 0.018% MX$ 88.8m | |
| Managing Partner | 4.8yrs | €2.35m | 0.0086% MX$ 41.9m | |
| Head of Investor Relations | no data | no data | no data | |
| Group General Counsel | no data | no data | no data | |
| Chief People Officer | 5.2yrs | no data | no data | |
| Executive Vice President of Engagement & Brands and Michelin Lifestyle | no data | no data | no data | |
| Executive Vice President of Research & Development | 5.2yrs | no data | no data | |
| Executive Vice President Automotive | no data | no data | no data | |
| Executive VP of Long-Distance & Urban Transportation and Head of Europe Regions | 3.3yrs | no data | no data | |
| EVP of Dist | 3.3yrs | no data | no data | |
| Executive Vice President of High Tech Materials | 2.9yrs | no data | no data | |
| Executive Vice President of Manufacturing | 1.3yrs | no data | no data |
4.1yrs
Average Tenure
61yo
Average Age
Experienced Management: ML N's management team is considered experienced (4.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Non Independent Chairman of Supervisory Board | 16yrs | €400.00k | 0.00038% MX$ 1.9m | |
| Independent Member of Supervisory Board | 11yrs | €85.00k | 0.00029% MX$ 1.4m | |
| Independent Member of Supervisory Board | 8.6yrs | €115.00k | 0.00056% MX$ 2.7m | |
| Senior Independent Supervisory Board Member | 6yrs | €85.00k | 0.00022% MX$ 1.1m | |
| Independent Member of the Supervisory Board | 3yrs | €80.00k | 0.00022% MX$ 1.1m | |
| Independent Supervisory Board Member | 3.5yrs | €70.00k | 0.00022% MX$ 1.1m | |
| Independent Supervisory Board Member | 3.9yrs | €99.40k | 0.00022% MX$ 1.1m | |
| Independent Member of Supervisory Board | 9yrs | €78.80k | 0.00022% MX$ 1.1m | |
| Independent Member of Supervisory Board | 11yrs | €90.00k | 0.00051% MX$ 2.5m | |
| Employee Representative Member of Supervisory Board | 3.4yrs | €70.00k | 0.000080% MX$ 390.2k | |
| Employee Representative Member of Supervisory Board | 3.4yrs | €70.00k | 0.000060% MX$ 292.6k |
6.0yrs
Average Tenure
63yo
Average Age
Experienced Board: ML N's board of directors are considered experienced (6 years average tenure).