Erste Group Bank Management
Management criteria checks 4/4
Erste Group Bank's CEO is Willi Cernko, appointed in Jul 2022, has a tenure of 1.75 years. total yearly compensation is €1.97M, comprised of 31% salary and 69% bonuses, including company stock and options. directly owns 0.003% of the company’s shares, worth $501.93K. The average tenure of the management team and the board of directors is 4.8 years and 8.9 years respectively.
Key information
Willi Cernko
Chief executive officer
€2.0m
Total compensation
| CEO salary percentage | 31.0% |
| CEO tenure | 1.8yrs |
| CEO ownership | 0.003% |
| Management average tenure | 4.8yrs |
| Board average tenure | 8.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | €3b |
| Sep 30 2023 | n/a | n/a | €3b |
| Jun 30 2023 | n/a | n/a | €2b |
| Mar 31 2023 | n/a | n/a | €2b |
| Dec 31 2022 | €2m | €610k | €2b |
| Sep 30 2022 | n/a | n/a | €2b |
| Jun 30 2022 | n/a | n/a | €2b |
| Mar 31 2022 | n/a | n/a | €2b |
| Dec 31 2021 | n/a | n/a | €2b |
| Sep 30 2021 | n/a | n/a | €1b |
| Jun 30 2021 | n/a | n/a | €1b |
| Mar 31 2021 | n/a | n/a | €840m |
| Dec 31 2020 | n/a | n/a | €669m |
| Sep 30 2020 | n/a | n/a | €779m |
| Jun 30 2020 | n/a | n/a | €927m |
| Mar 31 2020 | n/a | n/a | €1b |
| Dec 31 2019 | €1m | €350k | €1b |
| Sep 30 2019 | n/a | n/a | €2b |
| Jun 30 2019 | n/a | n/a | €2b |
| Mar 31 2019 | n/a | n/a | €2b |
| Dec 31 2018 | €994k | €700k | €2b |
| Sep 30 2018 | n/a | n/a | €1b |
| Jun 30 2018 | n/a | n/a | €1b |
| Mar 31 2018 | n/a | n/a | €1b |
| Dec 31 2017 | €829k | €700k | €1b |
Compensation vs Market: Willi's total compensation ($USD2.11M) is below average for companies of similar size in the US market ($USD13.51M).
Compensation vs Earnings: Willi's compensation has been consistent with company performance over the past year.
CEO
Willi Cernko (67 yo)
1.8yrs
Tenure
€1,969,861
Compensation
Magistrate Willibald Cernko, also known as Willi, served as Vice Chairman of the Management Board at Erste Bank der oesterreichischen Sparkassen AG until August 31, 2022. He is Chairman of Management Board...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of Management Board | 1.8yrs | €1.97m | 0.0026% € 501.9k | |
| CFO & Member of Management Board | 4.8yrs | €1.91m | 0.0025% € 475.3k | |
| COO & Member of Management Board | 4.3yrs | €1.89m | 0.0027% € 522.8k | |
| Chief Risk Officer & Member of Management Board | 4.8yrs | €1.91m | 0.0017% € 327.0k | |
| Chief Corporates & Markets Officer and Member of Management Board | 4.8yrs | €1.91m | 0.0016% € 309.9k | |
| Chief Platform Officer & Member of Management Board | 3.5yrs | €1.54m | 0.0011% € 205.3k | |
| Head of Corporate and Investment Banking Division | 15yrs | €654.50k | no data | |
| Head of Group Investor Relations | 13.3yrs | no data | no data | |
| Head of Equity Research CEE | no data | no data | no data | |
| Consultant | 4.8yrs | €1.18m | no data | |
| Head of Group Markets Financial Institutions | no data | no data | no data | |
| Head of Group Markets Origination & Funding | no data | no data | no data |
4.8yrs
Average Tenure
53yo
Average Age
Experienced Management: EBKD.Y's management team is considered experienced (4.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent First Vice Chairman of Supervisory Board | 8.9yrs | €178.19k | 0.000060% € 11.4k | |
| Chairman of the Supervisory Board | 19.9yrs | €280.36k | 0.00095% € 180.6k | |
| Independent Member of the Supervisory Board | 1.9yrs | €66.87k | no data | |
| Employee Representative of the Supervisory Board | 15.7yrs | no data | 0.000030% € 5.7k | |
| Employee Representative of the Supervisory Board | 15.7yrs | no data | 0.000040% € 7.6k | |
| Employee Representative Member of the Supervisory Board | 1.9yrs | no data | 0.000090% € 17.1k | |
| Independent Second Vice Chairwoman of the Supervisory Board | 9.9yrs | €118.55k | no data | |
| Employee Representative of the Supervisory Board | 15.7yrs | no data | 0.00017% € 32.3k | |
| Employee Representative of the Supervisory Board | 8.9yrs | no data | 0.000090% € 17.1k | |
| Employee Representative of the Supervisory Board | 8.8yrs | no data | 0.000040% € 7.6k | |
| Independent Member of the Supervisory Board | 6.9yrs | €103.80k | no data | |
| Independent Member of the Supervisory Board | 1.9yrs | €63.25k | no data |
8.9yrs
Average Tenure
57yo
Average Age
Experienced Board: EBKD.Y's board of directors are considered experienced (8.9 years average tenure).