CD Projekt S.A.

WSE:CDR Stock Report

Market Cap: zł21.0b

CD Projekt Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Adam Badowski

Chief executive officer

zł7.9m

Total compensation

CEO salary percentage4.8%
CEO tenure1.3yrs
CEO ownershipn/a
Management average tenure3.2yrs
Board average tenureless than a year

Recent management updates

Recent updates

Earnings Troubles May Signal Larger Issues for CD Projekt (WSE:CDR) Shareholders

Apr 01
Earnings Troubles May Signal Larger Issues for CD Projekt (WSE:CDR) Shareholders

CD Projekt S.A. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Mar 27
CD Projekt S.A. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Returns At CD Projekt (WSE:CDR) Are On The Way Up

Jan 20
Returns At CD Projekt (WSE:CDR) Are On The Way Up
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Rising Development Costs And Lack Of New Releases May Weigh On Earnings, But Cyberpunk 2077'S Success Could Boost Future Growth

Dec 19 Absence of major new game releases may limit future revenue growth, despite strong sales from existing titles like Cyberpunk 2077.

Market Participants Recognise CD Projekt S.A.'s (WSE:CDR) Earnings Pushing Shares 25% Higher

Dec 07
Market Participants Recognise CD Projekt S.A.'s (WSE:CDR) Earnings Pushing Shares 25% Higher

Why We're Not Concerned About CD Projekt S.A.'s (WSE:CDR) Share Price

Oct 22
Why We're Not Concerned About CD Projekt S.A.'s (WSE:CDR) Share Price

Earnings Beat: CD Projekt S.A. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Aug 31
Earnings Beat: CD Projekt S.A. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

CD Projekt (WSE:CDR) Is Experiencing Growth In Returns On Capital

Jul 12
CD Projekt (WSE:CDR) Is Experiencing Growth In Returns On Capital

CD Projekt S.A. Just Recorded A 43% EPS Beat: Here's What Analysts Are Forecasting Next

May 31
CD Projekt S.A. Just Recorded A 43% EPS Beat: Here's What Analysts Are Forecasting Next

CD Projekt S.A.'s (WSE:CDR) Popularity With Investors Is Clear

Apr 24
CD Projekt S.A.'s (WSE:CDR) Popularity With Investors Is Clear

CEO Compensation Analysis

How has Adam Badowski's remuneration changed compared to CD Projekt's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024zł8mzł378k

zł470m

Sep 30 2024n/an/a

zł439m

Jun 30 2024n/an/a

zł561m

Mar 31 2024n/an/a

zł512m

Dec 31 2023zł9mzł600k

zł481m

Sep 30 2023n/an/a

zł425m

Jun 30 2023n/an/a

zł320m

Mar 31 2023n/an/a

zł347m

Dec 31 2022zł6mzł600k

zł346m

Sep 30 2022n/an/a

zł299m

Jun 30 2022n/an/a

zł218m

Mar 31 2022n/an/a

zł245m

Dec 31 2021zł3mzł398k

zł209m

Sep 30 2021n/an/a

zł1b

Jun 30 2021n/an/a

zł1b

Mar 31 2021n/an/a

zł1b

Dec 31 2020zł17mzł397k

zł1b

Sep 30 2020n/an/a

zł279m

Jun 30 2020n/an/a

zł271m

Mar 31 2020n/an/a

zł250m

Dec 31 2019zł3mzł396k

zł175m

Sep 30 2019n/an/a

zł108m

Jun 30 2019n/an/a

zł108m

Mar 31 2019n/an/a

zł104m

Dec 31 2018zł2mzł396k

zł109m

Compensation vs Market: Adam's total compensation ($USD2.10M) is above average for companies of similar size in the Polish market ($USD769.44K).

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

CEO

Adam Badowski (49 yo)

1.3yrs

Tenure

zł7,919,000

Compensation

Mr. Adam Konrad Badowski served as Chief Creative Officer at CD Projekt S.A. since September 2023 until January 01, 2024 and serves as its Co-CEO since January 01, 2024. He served as Head of CD Projekt RED...

Leadership Team

NamePositionTenureCompensationOwnership
Marcin Iwinski
Co-Founder & Co-Chairman of Supervisory Boardno datazł481.00k12.89%
PLN 2.7b
Adam Badowski
Co-CEO & Member of the Management Board1.3yrszł7.92mno data
Michal Nowakowski
Co-CEO & Member of the Management Board1.3yrszł8.27mno data
Piotr Nielubowicz
CFO & Vice President of the Management Boardno datazł8.26m6.86%
PLN 1.4b
Piotr Karwowski
Joint COO & Member of the Management Board9.4yrszł8.20mno data
Pawel Zawodny
Joint COO & Member of the Management Board3.2yrszł8.27mno data
Jeremiah Cohn
Chief Marketing Officer & Member of Management Board3.2yrszł8.01mno data
Krystyna Cybulska
Chief Accountantno datano datano data
Karolina Gnas
IR Directorno datano datano data
Ewelina Jarosz-Zgoda
Vice President of Legal & General Counselno datano datano data
Mateusz Bednarz
Corporate Lead Counsel (Corporateno datano datano data

3.2yrs

Average Tenure

47yo

Average Age

Experienced Management: CDR's management team is considered experienced (3.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Marcin Iwinski
Co-Founder & Co-Chairman of Supervisory Board2.3yrszł481.00k12.89%
PLN 2.7b
David Gardner
Deputy Chair of the Supervisory Boardless than a yearno datano data
Agnieszka Slomka-Golebiowska
Independent Supervisory Board Memberless than a yearno datano data
Adam Kicinski
Co-Chair of the Supervisory Boardless than a yearzł8.26mno data
Beata Cichocka-Tylman
Independent Supervisory Board Memberless than a yearno datano data

0.3yrs

Average Tenure

52.5yo

Average Age

Experienced Board: CDR's board of directors are not considered experienced ( 0.3 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/11 08:12
End of Day Share Price 2025/04/11 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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

CD Projekt S.A. is covered by 33 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nicholas Michael DempseyBarclays
Nicholas Michael DempseyBarclays
James BassBerenberg