Varta Management
Management criteria checks 2/4
We currently do not have sufficient information about the CEO.
Key information
Markus Hackstein
Chief executive officer
€468.0k
Total compensation
| CEO salary percentage | 26.7% |
| CEO tenure | 1.4yrs |
| CEO ownership | n/a |
| Management average tenure | 1yrs |
| Board average tenure | 6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2023 | n/a | n/a | -€296m |
| Jun 30 2023 | n/a | n/a | -€314m |
| Mar 31 2023 | n/a | n/a | -€244m |
| Dec 31 2022 | €468k | €125k | -€200m |
Compensation vs Market: Markus's total compensation ($USD508.03K) is below average for companies of similar size in the US market ($USD3.30M).
Compensation vs Earnings: Insufficient data to compare Markus's compensation with company performance.
CEO
Markus Hackstein (48 yo)
1.4yrs
Tenure
€468,000
Compensation
Dr. Markus Hackstein serves as Chairman of the Supervisory Board at VARTA Microbattery GmbH since July 2023. He served as Member of the Management Board at VARTA Microbattery GmbH since March 2023 until Ju...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Owner & Chairman of Supervisory Board | no data | €138.00k | no data | |
| Spokesperson for the Executive Board & CEO | 1.4yrs | €468.00k | no data | |
| CTO & Member of Management Board | 2yrs | €548.00k | no data | |
| CFO & Member of Management Board | less than a year | no data | no data | |
| Member of Management Board & Chief Restructuring Officer | less than a year | no data | no data |
1.0yrs
Average Tenure
54yo
Average Age
Experienced Management: VARG.F's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Owner & Chairman of Supervisory Board | 7.4yrs | €138.00k | no data | |
| Member of the Supervisory Board | 7.8yrs | €63.00k | no data | |
| Member of the Supervisory Board | 2.6yrs | €55.00k | no data | |
| Member of the Supervisory Board | less than a year | no data | no data | |
| Member of the Supervisory Board | 4.7yrs | €70.00k | no data | |
| Deputy Chairman of the Supervisory Board | 7.8yrs | €90.00k | no data |
6.0yrs
Average Tenure
56.5yo
Average Age
Experienced Board: VARG.F's board of directors are considered experienced (6 years average tenure).