Cellnex Telecom Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Marco Emilio Patuano

Chief executive officer

€4.5m

Total compensation

CEO salary percentage	28.6%
CEO tenure	1.8yrs
CEO ownership	n/a
Management average tenure	2yrs
Board average tenure	3.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Marco Emilio Patuano's remuneration changed compared to Cellnex Telecom's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2024	€5m	€1m	-€28m
Sep 30 2024	n/a	n/a	-€239m
Jun 30 2024	n/a	n/a	-€520m
Mar 31 2024	n/a	n/a	-€245m
Dec 31 2023	€2m	€748k	-€297m

Compensation vs Market: Marco Emilio's total compensation ($USD4.95M) is below average for companies of similar size in the US market ($USD13.02M).

Compensation vs Earnings: Marco Emilio's compensation has increased whilst the company is unprofitable.

CEO

Marco Emilio Patuano (60 yo)

1.8yrs

Tenure

€4,549,951

Compensation

Mr. Marco Emilio Angelo Patuano has been Independent Non-Executive Director of Telit Communications PLC since August 2019. Mr. Patuano served as Executive Director at Digital Value S.p.A. since March 18, 2...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Marco Emilio Patuano	CEO & Executive Director	1.8yrs	€4.55m	no data
Raimon Trias	Group Chief Financial Officer	1.4yrs	no data	no data
Simone Battiferri	Chief Operating Officer	1.5yrs	no data	no data
Juan Gaitan Mañoso	Head of Investor Relations	no data	no data	no data
Virginia Virgos	Non-Directorial Vice-Secretary & Global General Counsel	2.2yrs	no data	no data
Ignacio Soler	Communication & Public Affairs Director	less than a year	no data	no data
Cecile Cloarec	People Director	no data	no data	no data
Sergio Martínez Pie	Head of Internal Audit & Risk Control	no data	no data	no data
Gianluca Landolina	Chief Executive Officer of Cellnex UK	2.2yrs	no data	no data
Vincent Cuvillier	Chief Strategy Officer	2.2yrs	no data	no data
Santiago Hesse	Chief Executive Officer of Cellnex Poland	2.2yrs	no data	no data
Alfonso Villamarin	Chief Executive Officer of Cellnex Spain	2.2yrs	no data	no data

2.0yrs

Average Tenure

57yo

Average Age

Experienced Management: CLLN.Y's management team is not considered experienced ( 2 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Marco Emilio Patuano	CEO & Executive Director	1.8yrs	€4.55m	no data
Oscar Fanjul Martin	Independent Non-Executive Chairman	1.8yrs	€213.00k	no data
Dominique D'Hinnin	Independent Director	1.8yrs	€265.00k	no data
Kate Holgate	Independent Director	3.7yrs	€175.00k	no data
Christian Coco	Proprietary Director	4.9yrs	€175.00k	no data
Pierre Blayau	Independent Director	9.9yrs	€175.00k	no data
Alexandra Reich	Proprietary Director	4.3yrs	€175.00k	no data
Marieta del Rivero Bermejo	Independent Director	7.9yrs	€225.00k	no data
Maria Ballester Fornes	Independent Director	1.9yrs	€215.00k	no data
Maria Guijarro Pinal	Independent Director	6.8yrs	€175.00k	no data
Ana M. Fau	Independent Director	2.7yrs	€265.00k	no data
Jonathan Amouyal	Proprietary Director	1.9yrs	€125.00k	no data

3.2yrs

Average Tenure

61yo

Average Age

Experienced Board: CLLN.Y's board of directors are considered experienced (3.2 years average tenure).

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/03/14 23:59
End of Day Share Price	2025/03/14 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	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

Cellnex Telecom, S.A. is covered by 42 analysts. 21 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
Jean-Michel Salvador	AlphaValue
Pedro Jorge Oliveira	Banco BPI, S.A.
Bruno Bessa	Banco BPI, S.A.

Cellnex Telecom Management

Management criteria checks 2/4

Key information

Recent management updates

Cellnex Telecom, S.A., Annual General Meeting, Apr 25, 2024

Cellnex Telecom, S.A. Names Daniel Pataki as New Director of Regulation and European Affairs

Cellnex Telecom, S.A. Announces CFO Changes

Cellnex Telecom, S.A. Announces CFO Changes

Cellnex Telecom, S.A. Announces Appointment of Luca Luciani as Managing Director

Cellnex Telecom, S.A., Annual General Meeting, Jun 01, 2023

Recent updates

Phoenix Tower International LLC completed the acquisition of Cellnex Ireland Limited and Cignal Infrastructure Limited from Cellnex Telecom, S.A. (BME:CLNX).

Cellnex Telecom, S.A. (BME:CLNX) announces an Equity Buyback for €800 million worth of its shares.

Cellnex Telecom, S.A. to Report Q3, 2025 Results on Nov 07, 2025

Cellnex Telecom, S.A., Annual General Meeting, Apr 25, 2024

Boldyn Networks Communications Uk Limited completed the acquisition of Edzcom Oy from Cellnex Telecom, S.A. (BME:CLNX).

Asterion, SBA Communications and Phoenix Reportedly Circle Cellnex's Irish Unit

Cellnex Telecom, S.A. Names Daniel Pataki as New Director of Regulation and European Affairs

Cellnex Reportedly Considers Polish Unit Stake Sale, Taps Advisers

Stonepeak Partners LP completed the acquisition of 49% interest in Cellnex Sweden and Cellnex Denmark from Cellnex Telecom, S.A. (BME:CLNX).

Cellnex Reportedly Plans to Sell Assets in Austria, Ireland

Boldyn Networks Communications Uk Limited agreed to acquire Edzcom Oy from Cellnex Telecom, S.A. (BME:CLNX).

Cellnex Telecom, S.A. Announces CFO Changes

Cellnex Telecom, S.A. Announces CFO Changes

Cellnex Telecom, S.A. Announces Appointment of Luca Luciani as Managing Director

Stonepeak Partners LP reached an agreement to acquire a 49% interest in Cellnex Sweden and Cellnex Denmark from Cellnex Telecom, S.A. (BME:CLNX) for €730 million.

Cellnex Reportedly Explores Sale of a Slice in 1 Billion Euros Worth Sweden, Denmark Units

Cellnex Telecom, S.A., Annual General Meeting, Jun 01, 2023

Cellnex Telecom, S.A. announced that it has received €6.7 million in funding from CK Hutchison Holdings Limited

American Tower Reportedly Weighs Offer for Stake in Vodafone Towers Unit

Cellnex Telecom, S.A. to Report Fiscal Year 2022 Results on Mar 01, 2023

Cellnex Telecom, S.A. (BME:CLNX), Digital Bridge Holdings, LLC and Brookfield Asset Management Inc. (TSX:BAM.A) agreed to acquire 51 percent stake in tower business of Deutsche Telekom AG from Deutsche Telekom AG (XTRA:DTE).

Deutsche Telekom Reportedly Nears Sale of Mobile Towers Unit

Cellnex Offers Stake to Deutsche Telekom as Part of Towers Bid

Brookfield, KKR Groups Reportedly Among Bidders for Deutsche Telekom Towers

Cellnex Telecom Announces Board Changes

Cellnex Says Analysing Process for Possible Acquisition of Stake in Co That Operates Deutsche Telekom's Telecommunications Infrastructure

Cellnex Telecom, S.A. (BME:CLNX) acquired a Portfolio of up to 350 Towers and Rooftop Sites from NOS, S.G.P.S., S.A. (ENXTLS:NOS) for €155 million.

Cellnex Telecom, S.A. (BME:CLNX) agreed to acquire 10% stake in OnTower Poland from Iliad Purple S.A.S.

Antin Reportedly Plans to Sell Spanish Telecom Lyntia

Cellnex Telecom, S.A. (BME:CLNX) announces an Equity Buyback for 520,000 shares, representing 0.08% for €24.7 million.

Cellnex Telecom, S.A., Annual General Meeting, Mar 29, 2021

Cellnex Telecom Appoints Bertrand Kan as Non-Executive Chairman

Cellnex Telecom, S.A. (BME:CLNX) completed the acquisition of CK Hutchison Networks (Austria) GmbH from CK Hutchison Networks Europe Investments S.à r.l.

Cellnex Telecom, S.A. Announces Executive Changes

Cellnex Names Alexandra Reich as New Director

Cellnex Interested in Telefonica Towers

Cellnex Telecom, S.A. (BME:CLNX) agreed to acquire CK Hutchison Networks (Austria) GmbH from CK Hutchison Networks Europe Investments S.à r.l. for €1.1 billion.

Hutchison and Cellnex Confirm Advanced Talks over Asset Sales

Cellnex Telecom Reportedly in Advanced Discussions to Purchase CK Hutchison Holdings

Cellnex Telecom, S.A. (BME:CLNX) acquired 60% stake in Metrocall, S.A from INERTELCO SA for €37.2 million.

Cellnex Telecom, S.A. (BME:CLNX) completed the acquisition of NOS Towering from NOS, S.G.P.S., S.A. (ENXTLS:NOS).

Cellnex Telecom, S.A. (BME:CLNX) completed the acquisition of 230 Telecommunication Towers in France from Bouygues Telecom SA.

Cellnex Telecom, S.A. has completed a Follow-on Equity Offering in the amount of €3.999525 billion.

Cellnex Telecom, S.A. (BME:CLNX) acquired Edzcom Oy.

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age

Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake

Industry and Sector Metrics

Analyst Sources