L'Air Liquide Management

Management criteria checks 3/4

L'Air Liquide's CEO is Francois Jackow, appointed in Jun 2022, has a tenure of 1.92 years. total yearly compensation is €4.24M, comprised of 26% salary and 74% bonuses, including company stock and options. directly owns 0.01% of the company’s shares, worth $10.48M. The average tenure of the management team and the board of directors is 2.4 years and 3.3 years respectively.

Key information

Francois Jackow

Chief executive officer

€4.2m

Total compensation

CEO salary percentage	26.0%
CEO tenure	1.9yrs
CEO ownership	0.01%
Management average tenure	2.4yrs
Board average tenure	3.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Francois Jackow's remuneration changed compared to L'Air Liquide's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	€4m	€1m	€3b
Sep 30 2023	n/a	n/a	€3b
Jun 30 2023	n/a	n/a	€3b
Mar 31 2023	n/a	n/a	€3b
Dec 31 2022	€3m	€642k	€3b

Compensation vs Market: Francois's total compensation ($USD4.59M) is below average for companies of similar size in the US market ($USD13.66M).

Compensation vs Earnings: Francois's compensation has increased by more than 20% in the past year.

CEO

Francois Jackow (54 yo)

1.9yrs

Tenure

€4,238,000

Compensation

Mr. Francois Jackow serves as Executive Vice President of at L'Air Liquide S.A. and serves as Director since May 04, 2022. He serves as Chief Executive Officer at L'Air Liquide S.A. since June 01, 2022. He...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Francois Jackow	Executive VP	1.9yrs	€4.24m	0.010% € 10.5m
Jérôme Pelletan	Chief Financial Officer	2.9yrs	no data	no data
Christiane Muller	Vice President of Global Markets & Technologies Activities	no data	no data	no data
Aude Rodriguez	Head of Investor Relations	9.2yrs	no data	no data
Amelia Irion	Group Human Resources Vice President	1.3yrs	no data	no data
Michael Graff	Executive Vice President	6.8yrs	no data	no data
Pascal Vinet	Executive Vice President	no data	no data	no data
Francois Venet	Senior Vice President	6.8yrs	no data	no data
Dolores Paredes	Head of Markets	no data	no data	no data
Diana Schillag	Chief Executive Officer of Europe Healthcare	no data	no data	no data
Emilie Mouren-Renouard	Chief Executive Officer of Europe Industries Hub	less than a year	no data	no data
Matthieu Giard	Chief Executive Officer of the Americas Hub	less than a year	no data	no data

2.4yrs

Average Tenure

53yo

Average Age

Experienced Management: AIQU.F's management team is considered experienced (2.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Francois Jackow	Executive VP	2yrs	€4.24m	0.010% € 10.5m
Benoit Potier	Chairman of the Board	24yrs	€803.00k	0.12% € 120.4m
Xavier M. Huillard	Lead Independent Director	7yrs	€120.05k	0.0034% € 3.5m
Bertrand Dumazy	Independent Director	3yrs	€83.50k	0.00011% € 112.4k
Catherine Renee Guillouard	Independent Director	less than a year	€57.33k	0.00011% € 112.4k
Kim Mink	Independent Director	4yrs	€101.00k	0.00011% € 112.4k
Aiman Ezzat	Independent Director	3yrs	€70.00k	0.00011% € 112.4k
Christina Law	Independent Director	less than a year	€59.83k	0.00011% € 112.4k
Annette Winkler	Independent Director	10yrs	€130.50k	0.00055% € 562.2k
Philippe Dubrulle	Employee Representative Director	9.9yrs	no data	no data
Monica de Virgiliis	Independent Director	less than a year	€49.33k	0.00011% € 112.4k
Fatima Tighlaline	Employees Representing Director	3.6yrs	no data	no data

3.3yrs

Average Tenure

57yo

Average Age

Experienced Board: AIQU.F's board of directors are considered experienced (3.3 years average tenure).

L'Air Liquide Management

Management criteria checks 3/4

Key information

Recent management updates

Air Liquide Appoints Adam Peters as Group Executive Committee Member, Effective May 1, 2024

L'Air Liquide S.A., Annual General Meeting, Apr 30, 2024

Evolutions Within Air Liquide's Executive Committee Starting September 1, 2023

Air Liquide Announces Board Resignations

L'Air Liquide S.A., Annual General Meeting, May 03, 2023

Air Liquide Announces Plan for the Succession of CEO

Recent updates

L'air Liquide S.A. Approves Dividend for the Fiscal Year 2023, Payable on May 22, 2024

Air Liquide Appoints Adam Peters as Group Executive Committee Member, Effective May 1, 2024

L'Air Liquide S.A. to Report First Half, 2024 Results on Jul 26, 2024

L'Air Liquide S.A. to Report Q1, 2024 Results on Apr 24, 2024

Air Liquide Proposes Dividend for the Fiscal Year 2023, Payable on May 22, 2024

L'Air Liquide S.A., Annual General Meeting, Apr 30, 2024

L'Air Liquide S.A. to Report Fiscal Year 2023 Results on Feb 20, 2024

Eurowind Energy A/S acquired Operational green hydrogen plant in Hobro from L'Air Liquide S.A. (ENXTPA:AI).

Cummins Inc. (NYSE:CMI) acquired 19% stake in Hydrogenics Corporation from L'Air Liquide S.A. (ENXTPA:AI).

Evolutions Within Air Liquide's Executive Committee Starting September 1, 2023

L'Air Liquide S.A. (ENXTPA:AI) commences an Equity Buyback for 47,529,103 shares, representing 10% for €11,882.28 million under the authorization approved on May 4, 2022.

L'Air Liquide S.A. Proposes Dividend for the Fiscal Year 2022, Payable on May 17, 2023

Molgas Energía, S.A.U. acquired Liquid natural gas distribution branch from L'Air Liquide S.A. (ENXTPA:AI).

Air Liquide Receives Support From Dutch State for Two Large-scale Electrolyzer Projects in the Netherlands

Massy Holdings Ltd. (TTSE:MASSY) signed an agreement to acquire Air Liquide in Business in Trinidad and Tobago from L'Air Liquide S.A.

L'air Liquide S.A. Reconfirms Full Year Guidance for 2022

L'Air Liquide S.A. to Report Fiscal Year 2022 Results on Feb 16, 2023

Abdullah Hashim Industrial Gases & Equipment Co. Ltd. acquired Air Liquide Industrial Merchant business in Saudi Arabia from L'Air Liquide S.A. (ENXTPA:AI).

Local management team has signed a Memorandum of Understanding to acquire Russian business of Air Liquide from L'Air Liquide S.A. (ENXTPA:AI).

Air Liquide Confirms Intention to Withdraw from Russia

Air Liquide Announces Board Resignations

Air Products and Chemicals, Inc. (NYSE:APD) acquired Air Liquide Emirates for Industrial Gases LLC and Orca Industrial Gases LLC from L'Air Liquide S.A. (ENXTPA:AI).

L'Air Liquide S.A., Annual General Meeting, May 03, 2023

Air Liquide Announces Plan for the Succession of CEO

L'Air Liquide S.A. (ENXTPA:AI) agreed to acquire BetaMed S.A.

L'air Liquide S.A. Announces Evolutions in the Group Executive Committee

Jérôme Pelletan Succeeds Fabienne Lecorvaisier and Joins the Executive Committee as Chief Financial Officer of L'air Liquide S.A., Effective June 1, 2021

SOL S.p.A. (BIT:SOL) acquired Air Liquide Hellas from L'Air Liquide S.A. (ENXTPA:AI).

SOL S.p.A. (BIT:SOL) acquired Air Liquide Hellas and Vitalaire Hellas from L'Air Liquide S.A. (ENXTPA:AI).

Air Liquide and Siemens Energy to Develop a Large Scale Electrolyzer Partnership for Sustainable Hydrogen Production

Air Liquide Signs Long-Term Supply Agreement for Basf's New Battery Material Plant in Germany

Air Liquide Announces New Investment in Electronics to Supply BOE in China

Air Liquide Strengthens Its Long-Term Relationship With BASF in South Korea

L'Air Liquide S.A. (ENXTPA:AI) acquired Turboexpander Business Line of Cryogenic Industries, Inc.

Air Liquide Deploys Digital Transformation and Revolutionizes Bulk Gases Supply Chain Worldwide

Air Liquide Strengthens its Presence in Poland with a New Long-Term Contract with KGHM

L'Air Liquide S.A. (ENXTPA:AI) acquired 80% stake in Cryoconcept.

EQT VIII managed by EQT Partners AB completed the acquisition of Schülke & Mayr GmbH from L'Air Liquide S.A. (ENXTPA:AI) in a transaction valued between €925 million and €1.0 billion.

Hivest Capital Partners completed the acquisition of CRYOPDP from L'Air Liquide S.A. (ENXTPA:AI).

Messer Group GmbH acquired L'Air Liquide S.A. Entities in Czech Republic and Slovakia.

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age