In 2015 Rainer Seele was appointed CEO of OMV Aktiengesellschaft (VIE:OMV). First, this article will compare CEO compensation with compensation at other large companies. After that, we will consider the growth in the business. And finally – as a second measure of performance – we will look at the returns shareholders have received over the last few years. This process should give us an idea about how appropriately the CEO is paid.
How Does Rainer Seele’s Compensation Compare With Similar Sized Companies?
According to our data, OMV Aktiengesellschaft has a market capitalization of €15.0b, and pays its CEO total annual compensation worth €3m. We note that’s an increase of 53% above last year. We took a group of companies with market capitalizations over €7.0b, and calculated the median CEO compensation to be €3m.
So Rainer Seele receives a similar amount to the median CEO pay, amongst the companies we looked at. This doesn’t tell us a whole lot on its own, but looking at the performance of the actual business will give us useful context.
The graphic below shows how CEO compensation at OMV has changed from year to year.
Is OMV Aktiengesellschaft Growing?
On average over the last three years, OMV Aktiengesellschaft has grown earnings per share (EPS) by 69% each year. It saw its revenue drop -5.1% over the last year.
Overall this is a positive result for shareholders, showing that the company has improved in recent years. While it would be good to see revenue growth, profits matter more in the end.
Shareholders might be interested in this free visualization of analyst forecasts. .
Has OMV Aktiengesellschaft Been A Good Investment?
Most shareholders would probably be pleased with OMV Aktiengesellschaft for providing a total return of 108% over three years. As a result, some may believe the CEO should be paid more than is normal for companies of similar size.
Remuneration for Rainer Seele is close enough to the median pay for a CEO of a large company .
The company is growing earnings per share and total shareholder returns have been pleasing. So one could argue the CEO compensation is quite modest, if you consider company performance! Shareholders may want to check for free if OMV Aktiengesellschaft insiders are buying or selling shares.
Or you might prefer this data-rich interactive visualization of historic revenue and earnings.
To help readers see past the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price-sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned. For errors that warrant correction please contact the editor at email@example.com.