Adecco Group Management
Management criteria checks 3/4
Adecco Group's CEO is Denis Machuel, appointed in Jul 2022, has a tenure of 1.83 years. total yearly compensation is €5.30M, comprised of 26.4% salary and 73.6% bonuses, including company stock and options. directly owns 0.005% of the company’s shares, worth $313.57K. The average tenure of the management team and the board of directors is 4 years and 9.1 years respectively.
Key information
Denis Machuel
Chief executive officer
€5.3m
Total compensation
| CEO salary percentage | 26.4% |
| CEO tenure | 1.8yrs |
| CEO ownership | 0.005% |
| Management average tenure | 4yrs |
| Board average tenure | 9.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | €5m | €1m | €325m |
| Sep 30 2023 | n/a | n/a | €322m |
| Jun 30 2023 | n/a | n/a | €327m |
| Mar 31 2023 | n/a | n/a | €342m |
| Dec 31 2022 | €3m | €766k | €342m |
Compensation vs Market: Denis's total compensation ($USD5.67M) is below average for companies of similar size in the US market ($USD8.43M).
Compensation vs Earnings: Denis's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Denis Machuel (59 yo)
1.8yrs
Tenure
€5,296,791
Compensation
Mr. Denis Machuel serves as an Independent Director at Kyndryl Holdings, Inc. October 2021. He had been Chief Executive Officer of Sodexo S.A. since January 23, 2018 until September 30, 2021. Mr. Machuel s...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 1.8yrs | €5.30m | 0.0054% € 313.6k | |
| President of Adecco Brand | 8.7yrs | no data | 0.013% € 775.5k | |
| Honorary President | 18yrs | €193.84k | 3.93% € 229.5m | |
| Chief Financial Officer | 4yrs | no data | 0.011% € 641.7k | |
| Head of Investor Relations | 3.2yrs | no data | no data | |
| Director of Communications | no data | no data | no data | |
| Chief Sales & Marketing Officer | 3.5yrs | no data | 0.0055% € 321.7k | |
| Chief Human Resources Officer | less than a year | no data | no data | |
| Group Head of Financial Planning & Analysis | 3.2yrs | no data | no data | |
| President of Geographic Regions & Regional President of Workforce Solutions Asia Pacific | 6.3yrs | no data | 0.0022% € 131.4k | |
| President of Akkodis | 5yrs | no data | 0.00090% € 52.6k | |
| Country Head of UK & Ireland | 6.3yrs | no data | no data |
4.0yrs
Average Tenure
56yo
Average Age
Experienced Management: AHEX.F's management team is considered experienced (4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Vice-Chairwoman | 9.1yrs | €512.69k | 0% € 0 | |
| Independent Director | 13.1yrs | €484.73k | 0% € 0 | |
| Independent Chairman | 9.1yrs | €1.67m | 0% € 0 | |
| Independent Director | 3.1yrs | €344.35k | 0% € 0 | |
| Independent Director | 14yrs | €515.59k | 0% € 0 | |
| Independent Director | 6.1yrs | €515.59k | 0% € 0 | |
| Independent Director | 1.1yrs | €282.76k | no data |
9.1yrs
Average Tenure
60yo
Average Age
Experienced Board: AHEX.F's board of directors are considered experienced (9.1 years average tenure).