Shareholders Will Probably Hold Off On Increasing Asseco Business Solutions S.A.'s (WSE:ABS) CEO Compensation For The Time Being

Key Insights

• Asseco Business Solutions' Annual General Meeting to take place on 29th of April
• Salary of zł420.0k is part of CEO Wojciech Barczentewicz's total remuneration
• Total compensation is 152% above industry average
• Asseco Business Solutions' EPS grew by 13% over the past three years while total shareholder return over the past three years was 125%

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Under the guidance of CEO Wojciech Barczentewicz, Asseco Business Solutions S.A. (WSE:ABS) has performed reasonably well recently. In light of this performance, CEO compensation will probably not be the main focus for shareholders as they go into the AGM on 29th of April. However, some shareholders will still be cautious of paying the CEO excessively.

See our latest analysis for Asseco Business Solutions

How Does Total Compensation For Wojciech Barczentewicz Compare With Other Companies In The Industry?

Our data indicates that Asseco Business Solutions S.A. has a market capitalization of zł2.6b, and total annual CEO compensation was reported as zł6.3m for the year to December 2024. That's a notable increase of 40% on last year. While we always look at total compensation first, our analysis shows that the salary component is less, at zł420k.

For comparison, other companies in the Polish Software industry with market capitalizations ranging between zł1.5b and zł5.9b had a median total CEO compensation of zł2.5m. This suggests that Wojciech Barczentewicz is paid more than the median for the industry. What's more, Wojciech Barczentewicz holds zł39m worth of shares in the company in their own name, indicating that they have a lot of skin in the game.

Component	2024	2023	Proportion (2024)
Salary	zł420k	zł420k	7%
Other	zł5.9m	zł4.1m	93%
Total Compensation	zł6.3m	zł4.5m	100%

On an industry level, around 100% of total compensation represents salary and 0.3659329% is other remuneration. In Asseco Business Solutions' case, non-salary compensation represents a greater slice of total remuneration, in comparison to the broader industry. It's important to note that a slant towards non-salary compensation suggests that total pay is tied to the company's performance.

A Look at Asseco Business Solutions S.A.'s Growth Numbers

Asseco Business Solutions S.A. has seen its earnings per share (EPS) increase by 13% a year over the past three years. It achieved revenue growth of 13% over the last year.

Shareholders would be glad to know that the company has improved itself over the last few years. It's also good to see decent revenue growth in the last year, suggesting the business is healthy and growing. Looking ahead, you might want to check this free visual report on analyst forecasts for the company's future earnings..

Has Asseco Business Solutions S.A. Been A Good Investment?

We think that the total shareholder return of 125%, over three years, would leave most Asseco Business Solutions S.A. shareholders smiling. This strong performance might mean some shareholders don't mind if the CEO were to be paid more than is normal for a company of its size.

To Conclude...

The company's decent performance might have made most shareholders happy, possibly making CEO remuneration the least of the concerns to be discussed in the upcoming AGM. However, any decision to raise CEO pay might be met with some objections from the shareholders given that the CEO is already paid higher than the industry average.

Whatever your view on compensation, you might want to check if insiders are buying or selling Asseco Business Solutions shares (free trial).

Arguably, business quality is much more important than CEO compensation levels. So check out this free list of interesting companies that have HIGH return on equity and low debt.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.