CD Projekt S.A.

OTCPK:OTGL.F Stock Report

Market Cap: US$6.0b

CD Projekt Management

Management criteria checks 2/4

CD Projekt's CEO is Adam Badowski, appointed in Jan 2024, has a tenure of 2.42 years. total yearly compensation is PLN10.59M, comprised of 6.8% salary and 93.2% bonuses, including company stock and options. directly owns 0.69% of the company’s shares, worth $41.84M. The average tenure of the management team and the board of directors is 3.4 years and 1.4 years respectively.

Key information

Adam Badowski

Chief executive officer

zł10.6m

Total compensation

CEO salary percentage6.80%
CEO tenure2.4yrs
CEO ownership0.7%
Management average tenure3.4yrs
Board average tenure1.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Adam Badowski's remuneration changed compared to CD Projekt's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

zł516m

Dec 31 2025zł11mzł720k

zł521m

Sep 30 2025n/an/a

zł569m

Jun 30 2025n/an/a

zł453m

Mar 31 2025n/an/a

zł454m

Dec 31 2024zł8mzł378k

zł443m

Sep 30 2024n/an/a

zł439m

Jun 30 2024n/an/a

zł564m

Mar 31 2024n/an/a

zł512m

Dec 31 2023zł9mzł600k

zł481m

Sep 30 2023n/an/a

zł425m

Jun 30 2023n/an/a

zł320m

Mar 31 2023n/an/a

zł347m

Dec 31 2022zł6mzł600k

zł346m

Sep 30 2022n/an/a

zł299m

Jun 30 2022n/an/a

zł218m

Mar 31 2022n/an/a

zł245m

Dec 31 2021zł3mzł398k

zł209m

Sep 30 2021n/an/a

zł1b

Jun 30 2021n/an/a

zł1b

Mar 31 2021n/an/a

zł1b

Dec 31 2020zł17mzł397k

zł1b

Sep 30 2020n/an/a

zł279m

Jun 30 2020n/an/a

zł271m

Mar 31 2020n/an/a

zł250m

Dec 31 2019zł3mzł396k

zł175m

Compensation vs Market: Adam's total compensation ($USD2.85M) is below average for companies of similar size in the US market ($USD8.38M).

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

CEO

Adam Badowski (51 yo)

2.4yrs
Tenure
zł10,585,000
Compensation

Mr. Adam Konrad Badowski served as Chief Creative Officer at CD Projekt S.A. since September 2023 until January 01, 2024 and serves as its Co-CEO since January 01, 2024. He served as Head of CD Projekt RED...

Leadership Team

NamePositionTenureCompensationOwnership
Marcin Iwinski
Co-Founder & Co-Chairman of Supervisory Boardno datazł480.00k12.9%
$ 777.6m
Adam Badowski
Co-CEO & Member of the Management Board2.4yrszł10.59m0.69%
$ 41.8m
Michal Nowakowski
Co-CEO & Member of the Management Board2.4yrszł10.59m0.53%
$ 32.0m
Piotr Nielubowicz
CFO & Vice President of the Management Boardno datazł10.58m6.87%
$ 414.3m
Piotr Karwowski
Joint COO & Member of the Management Board10.6yrszł10.52m0.11%
$ 6.6m
Pawel Zawodny
Joint COO & Member of the Management Board4.3yrszł10.58m0.019%
$ 1.1m
Jeremiah Cohn
Chief Marketing Officer & Member of Management Board4.3yrszł10.30mno data
Karolina Radziszewska
Chief People Officer & Member of the Management Boardless than a yearno datano data
Krystyna Cybulska
Chief Accountantno datano datano data
Karolina Gnas
IR Directorno datano datano data
Ewelina Jarosz-Zgoda
Vice President of Legal & General Counselno datano datano data
Mateusz Bednarz
Corporate Lead Counsel (Corporateno datano datano data
3.4yrs
Average Tenure
50yo
Average Age

Experienced Management: OTGL.F's management team is considered experienced (3.4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Marcin Iwinski
Co-Founder & Co-Chairman of Supervisory Board3.4yrszł480.00k12.9%
$ 777.6m
David Gardner
Independent Deputy Chair of the Supervisory Board1.4yrszł264.00kno data
Agnieszka Slomka Golebiowska
Independent Supervisory Board Member1.4yrszł240.00kno data
Adam Kicinski
Co-Chair of the Supervisory Board1.4yrszł518.00k4.05%
$ 244.4m
Beata Cichocka-Tylman
Independent Supervisory Board Member1.4yrszł216.00kno data
1.4yrs
Average Tenure
54.5yo
Average Age

Experienced Board: OTGL.F's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/21 07:40
End of Day Share Price 2026/04/15 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team 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

CD Projekt S.A. is covered by 31 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David MakArete Research Services LLP
Nicholas Michael DempseyBarclays
James BassBerenberg