The highest paid supervisory board heads within the Dax | EUROtoday

Michael Diekmann from Allianz follows in second and third place with 759,000 euros and Hans Dieter Pötsch from Volkswagen with 676,000 euros. The best-paid ladies on the Dax supervisory boards have been Michele Trogni and Dagmar Valcárel from Deutsche Bank and Birgit Steinborn from Siemens, every with 450,000 euros. The three ladies share twentieth place within the total compensation rating.

This is the results of the remuneration examine printed on Monday by the German Association for the Protection of Securities Holdings (DSW), for which all corporations listed within the Dax-40, M-Dax and S-Dax have been examined.

On common, the chairmen of the supervisory board within the Dax earned round 421,000 euros for his or her mandate final 12 months. That is 7.5 % greater than within the earlier 12 months. The deputies earn a mean of 276,000 euros, whereas odd supervisory board members in DAX corporations earn 127,000 euros – virtually a 3rd of the chairmen. The place of chairman of the audit committee has develop into considerably extra essential inside the committees lately. This place was paid a mean of 245,000 euros.

It is now frequent follow for supervisory board members – in contrast to board members – to obtain purely mounted remuneration. For the primary time because the systematic survey started in 2006, no DAX firm has paid variable remuneration for supervisory board members. Deutsche Bank and Porsche are the final two corporations to modify to purely mounted compensation, as really helpful by the Corporate Governance Code.

If you add up the salaries of the supervisory board members inside the particular person corporations, Volkswagen leads the rating. The Wolfsburg automobile firm granted its 20 supervisory boards a complete of round 7.5 million euros, which was 42 % greater than in 2022. According to a VW spokesman, it was the primary improve in six years. This is adopted by Deutsche Bank with round 7.4 million euros (plus 8.4 %) and Mercedes-Benz with round 5.9 million euros (minus 9.1 %).