Sartorius Management
Management criteria checks 4/4
Sartorius' CEO is Joachim Kreuzburg, appointed in Nov 2002, has a tenure of 20.58 years. total yearly compensation is €2.29M, comprised of 43.7% salary and 56.3% bonuses, including company stock and options. directly owns 0.33% of the company’s shares, worth MX$1.29B. The average tenure of the management team and the board of directors is 4.4 years and 6.2 years respectively.
Key information
Joachim Kreuzburg
Chief executive officer
€2.3m
Total compensation
| CEO salary percentage | 43.7% |
| CEO tenure | 20.6yrs |
| CEO ownership | 0.3% |
| Management average tenure | 4.4yrs |
| Board average tenure | 6.2yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2023 | n/a | n/a | €566m |
| Dec 31 2022 | €2m | €1m | €678m |
| Sep 30 2022 | n/a | n/a | €537m |
| Jun 30 2022 | n/a | n/a | €489m |
| Mar 31 2022 | n/a | n/a | €434m |
| Dec 31 2021 | €3m | €1m | €319m |
| Sep 30 2021 | n/a | n/a | €372m |
| Jun 30 2021 | n/a | n/a | €332m |
| Mar 31 2021 | n/a | n/a | €254m |
| Dec 31 2020 | €2m | €903k | €210m |
| Sep 30 2020 | n/a | n/a | €181m |
| Jun 30 2020 | n/a | n/a | €154m |
| Mar 31 2020 | n/a | n/a | €165m |
| Dec 31 2019 | €2m | €888k | €157m |
| Sep 30 2019 | n/a | n/a | €171m |
| Jun 30 2019 | n/a | n/a | €166m |
| Mar 31 2019 | n/a | n/a | €153m |
| Dec 31 2018 | €2m | €863k | €141m |
| Sep 30 2018 | n/a | n/a | €138m |
| Jun 30 2018 | n/a | n/a | €126m |
| Mar 31 2018 | n/a | n/a | €115m |
| Dec 31 2017 | €2m | €832k | €115m |
| Sep 30 2017 | n/a | n/a | €91m |
| Jun 30 2017 | n/a | n/a | €96m |
| Mar 31 2017 | n/a | n/a | €105m |
| Dec 31 2016 | €2m | €800k | €103m |
Compensation vs Market: Joachim's total compensation ($USD2.46M) is below average for companies of similar size in the MX market ($USD5.70M).
Compensation vs Earnings: Joachim's compensation has been consistent with company performance over the past year.
CEO
Joachim Kreuzburg (58 yo)
20.6yrs
Tenure
€2,290,000
Compensation
Dr. rer. pol. Joachim Kreuzburg serves as the Chairman and Chief Executive Officer at Sartorius Stedim Biotech GmbH.Dr. rer. pol. Kreuzburg has been the Chairman of Executive Board at Sartorius Aktiengese...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of Executive Board & CEO | 20.6yrs | €2.29m | 0.33% € 1.3b | |
| CFO, Member of Executive Board and Head of Finance | 6.3yrs | €1.27m | no data | |
| Head of Lab Products & Services Division and Member of Executive Board | 4.4yrs | €1.28m | no data | |
| Head of Bioprocess Solutions Division & Member of Executive Board | 4.4yrs | €1.06m | no data | |
| Head of Corporate Communications & Investor Relations and Member of Supervisory Board | 6.5yrs | €54.00k | no data | |
| Member of Executive Board | less than a year | no data | no data | |
| Senior Vice President of Administration Organization & Auditing | no data | no data | no data | |
| Head of Quality Assurance - Mechatronics Division Goettingen | no data | no data | no data | |
| Head of Application Services - China | no data | no data | no data | |
| Head of Human Resources - Asia | no data | no data | no data | |
| Physicist & Head of Supply Chain Management - Germany | no data | no data | no data | |
| Head of Investor Relations | 1.4yrs | no data | no data |
4.4yrs
Average Tenure
54yo
Average Age
Experienced Management: SRT3 N's management team is considered experienced (4.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Head of Corporate Communications & Investor Relations and Member of Supervisory Board | 12.7yrs | €54.00k | no data | |
| Independent Member of Supervisory Board | 11.6yrs | €104.00k | no data | |
| Employee Representative Member of Supervisory Board | 20.8yrs | €68.00k | no data | |
| Member of Supervisory Board | 1.3yrs | €43.00k | no data | |
| Chairman of Supervisory Board | 16.2yrs | €256.00k | no data | |
| Independent Member of Supervisory Board | 6.2yrs | €54.00k | no data | |
| Employee Representative Vice Chairman of Supervisory Board | 9.3yrs | €134.00k | no data | |
| Independent Member of Supervisory Board | 6.2yrs | €54.00k | no data | |
| Independent Member of Supervisory Board | 3.4yrs | €54.00k | no data | |
| Employee Representative Member of Supervisory Board | 3.1yrs | €75.00k | no data | |
| Member of Supervisory Board | 2.3yrs | €54.00k | no data | |
| Member of the Supervisory Board | 1.3yrs | €43.00k | no data |
6.2yrs
Average Tenure
59yo
Average Age
Experienced Board: SRT3 N's board of directors are considered experienced (6.2 years average tenure).