Traton Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Christian Levin

Chief executive officer

€2.2m

Total compensation

CEO salary percentage	55.6%
CEO tenure	5.8yrs
CEO ownership	n/a
Management average tenure	3yrs
Board average tenure	5.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Christian Levin's remuneration changed compared to Traton's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	€3b
Jun 30 2024	n/a	n/a	€3b
Mar 31 2024	n/a	n/a	€3b
Dec 31 2023	€2m	€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	€1b
Dec 31 2022	€2m	€1m	€1b
Sep 30 2022	n/a	n/a	€449m
Jun 30 2022	n/a	n/a	€802m
Mar 31 2022	n/a	n/a	€750m
Dec 31 2021	€563k	€414k	€457m
Sep 30 2021	n/a	n/a	€708m
Jun 30 2021	n/a	n/a	€516m
Mar 31 2021	n/a	n/a	-€68m
Dec 31 2020	€3m	€700k	-€101m
Sep 30 2020	n/a	n/a	€173m
Jun 30 2020	n/a	n/a	€474m
Mar 31 2020	n/a	n/a	€1b
Dec 31 2019	€2m	€647k	€2b

Compensation vs Market: Christian's total compensation ($USD2.32M) is about average for companies of similar size in the Swedish market ($USD2.66M).

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

CEO

Christian Levin (57 yo)

5.8yrs

Tenure

€2,193,000

Compensation

Mr. Christian Levin, MBA, M.Sc., is CEO, President and Member of Executive Board at Scania CV AB and serves as its Director since 2021. He serves as Chairman of the Executive Board of Traton SE since Septe...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Christian Levin	CEO, COO & Chairman of the Executive Board	5.8yrs	€2.19m	no data
Michael Jackstein	Member of the Executive Board	1.6yrs	€1.77m	no data
Antonio Cortes	Member of the Executive Board	no data	€192.00k	no data
Catharina Nilsson	Members of Executive Board & Head of Product Management	1.6yrs	€298.97k	no data
Alexander Albertus Gerhardus Vlaskamp	Member of Executive Board	3yrs	€2.12m	no data
Mathias Carlbaum	Member of Executive Board	3.1yrs	€378.00k	no data
Klaus Schartel	General Counsel	no data	no data	no data
Atif Askar	Head of Business Development	no data	no data	no data
Andreas Kammel	Head of Strategy & Business Opportunities	no data	no data	no data
Anders Williamsson	Head of Industrial Operations	no data	no data	no data
Fiora Gardemyr	Head of Scale Up & Strategic Partnerships of Scania	no data	no data	no data
Lina Ankargren	Head of Charging & Thermal Management System of Scania	no data	no data	no data

3.0yrs

Average Tenure

54yo

Average Age

Experienced Management: 8TRA's management team is considered experienced (3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Hans Potsch	Chairman of the Supervisory Board	5.8yrs	€317.00k	no data
Frank Witter	Member of the Supervisory Board	5.8yrs	€165.00k	no data
Albert Xaver Kirchmann	Member of the Supervisory Board	5.8yrs	€82.00k	no data
Manfred Doss	Member of the Supervisory Board	5.8yrs	no data	no data
Nina Macpherson	Member of the Supervisory Board	5.8yrs	€125.00k	no data
Christian Porsche	Member of the Supervisory Board	5.8yrs	€125.00k	no data
Mari Carlquist	Employee Representative Member of the Supervisory Board	5.8yrs	no data	no data
Julia Kuhn-Piech	Member of the Supervisory Board	5.8yrs	€123.00k	no data
Gunnar Kilian	Member of the Supervisory Board	5.8yrs	no data	no data
Michael Lyngsie	Deputy Chairman of Supervisory Board	5.8yrs	no data	no data
Wolf-Michael Schmid	Member of the Supervisory Board	5.8yrs	€82.00k	no data
Torsten Bechstädt	Employee Representative Member of the Supervisory Board	5.8yrs	€145.00k	no data

5.8yrs

Average Tenure

60yo

Average Age

Experienced Board: 8TRA's board of directors are considered experienced (5.8 years average tenure).

Traton Management

Management criteria checks 4/4

Key information

Recent management updates

Traton SE, Annual General Meeting, Jun 01, 2023

Traton SE, Annual General Meeting, Jun 09, 2022

Traton SE, Annual General Meeting, Jun 30, 2021

Recent updates

Third quarter 2024 earnings released: EPS: €1.45 (vs €1.40 in 3Q 2023)

Traton SE to Report Q4, 2024 Results on Mar 10, 2025

Price target increased by 11% to kr485

Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Traton SE(XTRA:8TRA) dropped from Germany SDAX (Total Return) Index

Upcoming dividend of €1.50 per share

Price target increased by 26% to kr373

Dividend of €1.50 announced

Volkswagen Reportedly Explores Stock Sale in Traton

First quarter 2024 earnings released: EPS: €1.50 (vs €1.11 in 1Q 2023)

Price target increased by 9.5% to kr296

Full year 2023 earnings released: EPS: €4.90 (vs €2.28 in FY 2022)

Traton SE to Report Nine Months, 2024 Results on Oct 28, 2024

Third quarter 2023 earnings released: EPS: €1.40 (vs €0.065 loss in 3Q 2022)

Traton SE Provides Revenue Guidance for the Full Year 2023

Second quarter 2023 earnings released: EPS: €1.37 (vs €0.54 in 2Q 2022)

Upcoming dividend of €0.70 per share at 3.6% yield

First quarter 2023 earnings released: EPS: €1.11 (vs €0.84 in 1Q 2022)

Investor sentiment improves as stock rises 17%

Price target increased by 10% to kr225

Full year 2022 earnings released: EPS: €2.28 (vs €0.91 in FY 2021)

Investor sentiment improves as stock rises 19%

Traton SE to Report Nine Months, 2023 Results on Oct 25, 2023

Price target increased to kr176

Traton SE, Annual General Meeting, Jun 01, 2023

Man Truck Chelny LLC agreed to acquire OOO MAN Truck and Bus RUS from Traton SE (XTRA:8TRA).

Third quarter 2022 earnings released: €0.065 loss per share (vs €0.64 profit in 3Q 2021)

Traton SE to Report Nine Months, 2022 Results on Oct 27, 2022

Second quarter 2022 earnings released: EPS: €0.54 (vs €0.43 in 2Q 2021)

Price target decreased to kr172

Traton SE to Report First Half, 2022 Results on Jul 28, 2022

Upcoming dividend of €0.50 per share

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Traton SE to Report Q1, 2022 Results on May 04, 2022

Price target decreased to kr228

Price target decreased to kr228

Investor sentiment deteriorated over the past week

Traton SE, Annual General Meeting, Jun 09, 2022

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Traton SE to Report Fiscal Year 2021 Final Results on Mar 15, 2022

Price target decreased to kr246

Third quarter 2021 earnings released: EPS €0.65 (vs €0.26 in 3Q 2020)

Price target decreased to kr307

Chief Executive Officer Matthias Grundler has left the company

Chief Financial Officer Christian Schulz has left the company

Traton SE (XTRA:8TRA) completed the acquisition of remaining 5.6% stake in MAN SE (XTRA:MAN).

Second quarter 2021 earnings released: EPS €0.43 (vs €0.74 loss in 2Q 2020)

Price target increased to kr352

Traton SE Reports Preliminary Earnings Guidance for the Second Quarter and First Half of 2021

Dusk Inc. completed the acquisition of 83.2% stake in Navistar International Corporation (NYSE:NAV) from Icahn Capital LP, MHR Fund Management LLC and others.

Upcoming dividend of €0.25 per share

First quarter 2021 earnings released: EPS €0.26 (vs €0.19 in 1Q 2020)

Full year 2020 earnings released: €0.20 loss per share (vs €3.04 profit in FY 2019)

Revenue and earnings beat expectations

Traton SE, Annual General Meeting, Jun 30, 2021

New 90-day high: kr253

Price target raised to kr332

New 90-day high: kr243

New 90-day high: kr240

Traton SE to Report Fiscal Year 2020 Results on Mar 22, 2021

Traton SE to Report Nine Months, 2021 Results on Oct 29, 2021

Price target raised to kr220

Revenue beats expectations

New 90-day high: kr196

Third quarter 2020 earnings released: EPS €0.27

Price target lowered to kr201

Traton SE (XTRA:8TRA) acquired unknown minority stake in Beijing TuSimple Future Technology Co., Ltd.

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team