Published on 4 Feb 2024 on Simply Wall St. via Yahoo Finance
It Looks Like Shareholders Would Probably Approve Siemens Aktiengesellschaft's (ETR:SIE) CEO...
Key Insights
Siemens to hold its Annual General Meeting on 8th of FebruarySalary of €1.77m is part of CEO Roland Busch's total remunerationThe total compensation is similar to the average for the industryOver the past three years, Siemens' EPS grew by 27% and over the past three years, the total shareholder return was 33%
The performance at Siemens Aktiengesellschaft (ETR:SIE) has been quite strong recently and CEO Roland Busch has played a role in it. Coming up to the next AGM on 8th of February, shareholders would be keeping this in mind. It is likely that the focus will be on company strategy going forward as shareholders hear from the board and cast their votes on resolutions such as executive remuneration and other matters. Here is our take on why we think CEO compensation is not extravagant.