RHI Magnesita Management
Management criteria checks 4/4
RHI Magnesita's CEO is Stefan Borgas, appointed in Oct 2017, has a tenure of 7.5 years. total yearly compensation is €4.26M, comprised of 28.4% salary and 71.6% bonuses, including company stock and options. directly owns 0.28% of the company’s shares, worth $5.47M. The average tenure of the management team and the board of directors is 5.3 years and 7.5 years respectively.
Key information
Stefan Borgas
Chief executive officer
€4.3m
Total compensation
| CEO salary percentage | 28.40% |
| CEO tenure | 7.5yrs |
| CEO ownership | 0.3% |
| Management average tenure | 5.3yrs |
| Board average tenure | 7.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2024 | €4m | €1m | €142m |
| Sep 30 2024 | n/a | n/a | €164m |
| Jun 30 2024 | n/a | n/a | €186m |
| Mar 31 2024 | n/a | n/a | €175m |
| Dec 31 2023 | €4m | €1m | €165m |
| Sep 30 2023 | n/a | n/a | €152m |
| Jun 30 2023 | n/a | n/a | €139m |
| Mar 31 2023 | n/a | n/a | €148m |
| Dec 31 2022 | €3m | €1m | €156m |
| Sep 30 2022 | n/a | n/a | €199m |
| Jun 30 2022 | n/a | n/a | €243m |
| Mar 31 2022 | n/a | n/a | €243m |
| Dec 31 2021 | €2m | €1m | €243m |
| Sep 30 2021 | n/a | n/a | €157m |
| Jun 30 2021 | n/a | n/a | €72m |
| Mar 31 2021 | n/a | n/a | €48m |
| Dec 31 2020 | €2m | €969k | €25m |
| Sep 30 2020 | n/a | n/a | €50m |
| Jun 30 2020 | n/a | n/a | €76m |
| Mar 31 2020 | n/a | n/a | €107m |
| Dec 31 2019 | €1m | €855k | €139m |
| Sep 30 2019 | n/a | n/a | €171m |
| Jun 30 2019 | n/a | n/a | €203m |
| Mar 31 2019 | n/a | n/a | €180m |
| Dec 31 2018 | €2m | €826k | €158m |
Compensation vs Market: Stefan's total compensation ($USD4.81M) is about average for companies of similar size in the US market ($USD5.97M).
Compensation vs Earnings: Stefan's compensation has been consistent with company performance over the past year.
CEO
Stefan Borgas (60 yo)
Mr. Stefan Borgas, MBA, is CEO & Director of RHI Magnesita GmbH. Mr. Borgas serves as an Independent Chairman of the Board at AFYREN SAS since October 2020. He has been the Chief Executive Officer of Magne...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 7.5yrs | €4.26m | 0.28% $ 5.5m | |
| CFO, Finance Director & Executive Director | 6yrs | €2.24m | 0.11% $ 2.2m | |
| Chief Technology Officer | 2.3yrs | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Executive Vice President of Legal & Digital Transformation | 5.3yrs | no data | no data | |
| Executive Vice President of People | no data | no data | no data | |
| Chief Customer Officer | 2.3yrs | no data | no data | |
| Head of People & Culture | no data | no data | no data | |
| Company Secretary | 5.3yrs | no data | no data | |
| Group Treasurer | no data | no data | no data | |
| Consultant | 8.4yrs | €3.81m | no data |
Experienced Management: RMGN.F's management team is seasoned and experienced (5.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 7.8yrs | €4.26m | 0.28% $ 5.5m | |
| CFO, Finance Director & Executive Director | 5.8yrs | €2.24m | 0.11% $ 2.2m | |
| Chairman | 7.8yrs | €318.46k | 0.74% $ 14.4m | |
| Independent Non-Executive Director | 7.5yrs | €98.71k | 0.0042% $ 82.2k | |
| Non-Independent Non-Executive Director | 7.8yrs | €92.85k | no data | |
| Non-Independent Non-Executive Director | 7.5yrs | €92.51k | 6.96% $ 135.0m | |
| Non-Independent Non-Executive Director | 7.5yrs | €83.07k | no data | |
| Independent Non-Executive Director | 3.8yrs | €102.63k | no data | |
| Deputy Chairman & Senior Independent Director | 7.5yrs | €232.67k | 0.010% $ 200.8k | |
| Employee Representative Director | 3.3yrs | no data | 0.0026% $ 50.2k | |
| Independent Non-Executive Director | 5.8yrs | €132.04k | no data | |
| Employee Representative Director | 7.3yrs | no data | no data |
Experienced Board: RMGN.F's board of directors are considered experienced (7.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/04/16 00:54 |
| End of Day Share Price | 2025/01/17 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Learn about the who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
RHI Magnesita N.V. is covered by 15 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Gerhard Schwarz | Baader Helvea Equity Research |
| Jonathan Hurn | Barclays |
| James Zaremba | Barclays |