CEZ a. s Management

Management criteria checks 2/4

CEZ a. s' CEO is Daniel Benes, appointed in Sep 2011, has a tenure of 12.58 years. directly owns 0.002% of the company’s shares, worth PLN1.39M. The average tenure of the management team and the board of directors is 12.4 years and 4.9 years respectively.

Key information

Daniel Benes

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	12.6yrs
CEO ownership	0.002%
Management average tenure	12.4yrs
Board average tenure	4.9yrs

Recent management updates

Recent updates

CEO

Daniel Benes (53 yo)

12.6yrs

Tenure

Engineer Daniel Benes, MBA, has been the Chairman and Chief Executive Officer of CEZ, a.s. since September 15, 2011. Engineer Benes served as the Chief Administration Officer of CEZ, a. s. and as its Chief...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Daniel Benes	Chairman & CEO	12.6yrs	no data	0.0018% CZK 1.4m
Pavel Cyrani	Vice Chairman	12.5yrs	no data	0.0043% CZK 3.4m
Martin Novak	CFO, Deputy CEO of Operations & Executive Director	16.3yrs	no data	0.0019% CZK 1.5m
Michaela Chaloupkova	Chief Administration Officer & Executive Director	12.3yrs	no data	0.0011% CZK 834.1k
Barbara Seidlova	Head of Investor Relations	no data	no data	no data
Tomas Pleskac	Deputy CEO of New Energy	no data	no data	0.00075% CZK 590.2k
Bohdan Zronek	Chief Nuclear Officer & Executive Director	no data	no data	0.0013% CZK 1.0m
Ludek Horn	Head of Front Office	no data	no data	no data
Jan Kalina	Chief of the Renewable & Traditional Energy Division and Executive Director	no data	no data	no data
Zdenek Zábojník	Investor Relations	no data	no data	no data

12.4yrs

Average Tenure

52.5yo

Average Age

Experienced Management: CEZ's management team is seasoned and experienced (12.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Daniel Benes	Chairman & CEO	18.3yrs	no data	0.0018% CZK 1.4m
Pavel Cyrani	Vice Chairman	12.5yrs	no data	0.0043% CZK 3.4m
Martin Novak	CFO, Deputy CEO of Operations & Executive Director	15.9yrs	no data	0.0019% CZK 1.5m
Michaela Chaloupkova	Chief Administration Officer & Executive Director	12.5yrs	no data	0.0011% CZK 834.1k
Tomas Pleskac	Deputy CEO of New Energy	18.3yrs	no data	0.00075% CZK 590.2k
Bohdan Zronek	Chief Nuclear Officer & Executive Director	6.9yrs	no data	0.0013% CZK 1.0m
Jan Kalina	Chief of the Renewable & Traditional Energy Division and Executive Director	2.8yrs	no data	no data
Jirí Kadrnka	Member of Supervisory Board	1.8yrs	no data	no data
Radim Jirout	Chairman of the Supervisory Board	1.8yrs	no data	no data
Milan Wagner	Vice-Chairman of the Supervisory Board	2.3yrs	no data	no data
Frantisek Novotny	Vice Chairman of the Supervisory Board	2.3yrs	no data	no data
Roman Binder	Vice Chairman of Supervisory Board	2.2yrs	no data	no data

4.9yrs

Average Tenure

53yo

Average Age

Experienced Board: CEZ's board of directors are considered experienced (4.9 years average tenure).

CEZ a. s Management

Management criteria checks 2/4

Key information

Recent management updates

CEZ, a. s., Annual General Meeting, Jun 26, 2023

No independent directors

CEZ, a. s., Annual General Meeting, Jun 28, 2022

No independent directors

Recent updates

Now 21% undervalued after recent price drop

Full year 2023 earnings released: EPS: Kč55.00 (vs Kč151 in FY 2022)

CEZ, a. s. (SEP:CEZ) agreed to acquire 55.21% stake in Czech Grid Holding, a.s. from Macquarie Asset Management Inc. for an enterprise value of €4 billion.

Now 22% undervalued after recent price drop

CEZ, a. s. to Report First Half, 2024 Results on Sep 02, 2024

Third quarter 2023 earnings released: EPS: Kč14.00 (vs Kč34.80 in 3Q 2022)

CEZ, a. s. to Report Q3, 2023 Results on Nov 09, 2023

Second quarter 2023 earnings released: EPS: Kč21.30 (vs Kč12.90 in 2Q 2022)

CEZ, a. s. to Report Q2, 2023 Results on Aug 10, 2023

Upcoming dividend of Kč117 per share at 11% yield

Investor sentiment deteriorates as stock falls 16%

First quarter 2023 earnings released: EPS: Kč20.10 (vs Kč49.83 in 1Q 2022)

CEZ, a. s., Annual General Meeting, Jun 26, 2023

CEZ, a. s. to Report Q1, 2023 Results on May 11, 2023

Full year 2022 earnings released: EPS: Kč151 (vs Kč18.26 in FY 2021)

CEZ, a. s. to Report Fiscal Year 2022 Results on Mar 21, 2023

Now 21% undervalued

CEZ, a. s. to Report First Half, 2023 Results on Aug 31, 2023

No independent directors

Third quarter 2022 earnings released: EPS: Kč34.80 (vs Kč9.60 in 3Q 2021)

Investor sentiment deteriorated over the past week

Torunlar Enerji Sanayi Ve Tic.A.S. and Baskent Dogalgaz Dagitim Gayrimenkul Yatirim Ortakligi A.S. (IBSE:BASGZ) agreed to acquire 50% stake in Akcez Enerji A.S. from CEZ, a. s. (SEP:CEZ).

Investor sentiment deteriorated over the past week

Upcoming dividend of Kč51.00 per share

CEZ, a. s. (SEP:CEZ) acquired SKODA JS a.s. from OMZ B.V.

Investor sentiment improved over the past week

First quarter 2022 earnings released: EPS: Kč49.80 (vs Kč15.70 in 1Q 2021)

CEZ, a. s., Annual General Meeting, Jun 28, 2022

No independent directors

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

CEZ, a. s. (SEP:CEZ) completed the acquisition of BELECTRIC Solar & Battery Holding GmbH from RWE Renewables GmbH.

CEZ, a. s. (SEP:CEZ) agreed to acquire BELECTRIC Solar & Battery Holding GmbH from RWE Renewables GmbH.

Third quarter 2021 earnings released: EPS Kč9.60 (vs Kč2.20 loss in 3Q 2020)

Second quarter 2021 earnings released: Kč13.00 loss per share (vs Kč1.20 profit in 2Q 2020)

Upcoming dividend of Kč52.00 per share

CEZ, a.s. Proposes Dividend

First quarter 2021 earnings released: EPS Kč15.70 (vs Kč25.44 in 1Q 2020)

Full year 2020 earnings released: EPS Kč10.16 (vs Kč26.85 in FY 2019)

New 90-day high: zł95.40

CEZ Interested in Buying Vodafone Czech

CEZ, a. s. to Report Q1, 2021 Results on May 11, 2021

New 90-day high: zł90.20

New 90-day high: zł83.60

Revenue misses expectations

Third quarter 2020 earnings released: Kč2.20 loss per share

New 90-day high: zł80.70

Third quarter 2020 earnings released: Kč2.20 loss per share

Revenue misses expectations

Deadline to Submit Initial Offers to Buy CEZ Assets

New 90-day low: zł72.10

PGE Interested in Buying Some of Local Assets of CEZ

New 90-day low: zł73.20

New 90-day low - zł75.00

Earnings released

CEZ, a. s. (SEP:CEZ) acquired remaining 49% stake in CEZ LDS, s.r.o from OIG Energy S.R.O and others.

New 90-day low - zł76.20

CEO

Tenure

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age