MTU Aero Engines Management
Management criteria checks 2/4
We currently do not have sufficient information about the CEO.
Key information
Lars Wagner
Chief executive officer
€3.0m
Total compensation
| CEO salary percentage | 33.0% |
| CEO tenure | 6.3yrs |
| CEO ownership | n/a |
| Management average tenure | 6.3yrs |
| Board average tenure | 2.6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | €3m | €1m | -€102m |
| Sep 30 2023 | n/a | n/a | -€193m |
| Jun 30 2023 | n/a | n/a | €467m |
| Mar 31 2023 | n/a | n/a | €406m |
| Dec 31 2022 | €2m | €600k | €331m |
| Sep 30 2022 | n/a | n/a | €244m |
| Jun 30 2022 | n/a | n/a | €240m |
| Mar 31 2022 | n/a | n/a | €226m |
| Dec 31 2021 | €2m | €525k | €222m |
| Sep 30 2021 | n/a | n/a | €188m |
| Jun 30 2021 | n/a | n/a | €118m |
| Mar 31 2021 | n/a | n/a | €76m |
| Dec 31 2020 | €2m | €525k | €139m |
| Sep 30 2020 | n/a | n/a | €264m |
| Jun 30 2020 | n/a | n/a | €376m |
| Mar 31 2020 | n/a | n/a | €463m |
| Dec 31 2019 | €2m | €525k | €478m |
| Sep 30 2019 | n/a | n/a | €465m |
| Jun 30 2019 | n/a | n/a | €455m |
| Mar 31 2019 | n/a | n/a | €468m |
| Dec 31 2018 | €1m | €360k | €447m |
Compensation vs Market: Lars's total compensation ($USD3.24M) is below average for companies of similar size in the US market ($USD13.52M).
Compensation vs Earnings: Lars's compensation has increased whilst the company is unprofitable.
CEO
Lars Wagner (48 yo)
6.3yrs
Tenure
€3,032,632
Compensation
Mr. Lars Wagner serves as Member of the Executive Board at MTU Aero Engines AG since January 1, 2018 and served as Chief Operating Officer since January 1, 2018 until January 31, 2023 and serves as its Chi...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, Chief Sustainability Officer & Member of Executive Board | 6.3yrs | €3.03m | no data | |
| CFO, Chief Information Officer & Member of the Executive Board | 6.3yrs | €1.58m | no data | |
| COO & Member of Executive Board | 1.2yrs | €1.69m | no data | |
| Chief Program Officer & Member of the Executive Board | 10.8yrs | €2.12m | no data | |
| Vice President of Investor Relations | no data | no data | no data | |
| Senior Vice President of Corporate Communication & Public Affairs | no data | no data | no data |
6.3yrs
Average Tenure
52.5yo
Average Age
Experienced Management: MTUA.F's management team is seasoned and experienced (6.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Supervisory Board | 1.9yrs | €234.33k | no data | |
| Member of Supervisory Board | 14.9yrs | €201.17k | no data | |
| Member of Supervisory Board | 3.3yrs | €101.00k | no data | |
| Employee Representative Deputy Chairman of the Supervisory Board | 8.5yrs | €199.00k | no data | |
| Member of Supervisory Board | 10.9yrs | €104.00k | no data | |
| Member of Supervisory Board | 6yrs | €136.00k | no data | |
| Member of Supervisory Board | less than a year | €69.11k | no data | |
| Employee Representative Member of Supervisory Board | 5.8yrs | €104.00k | no data | |
| Employee Representative Member of Supervisory Board | 1.7yrs | €124.00k | no data | |
| Employee Representative Member of Supervisory Board | less than a year | €84.89k | no data | |
| Employee Representative Member of Supervisory Board | less than a year | €69.11k | no data | |
| Member of Supervisory Board | less than a year | €69.11k | no data |
2.6yrs
Average Tenure
59.5yo
Average Age
Experienced Board: MTUA.F's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.