Does Vienna Insurance Group AG's (VIE:VIG) CEO Pay Matter?

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In 2016 Elisabeth Stadler was appointed CEO of Vienna Insurance Group AG (VIE:VIG). This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. Next, we'll consider growth that the business demonstrates. And finally we will reflect on how common stockholders have fared in the last few years, as a secondary measure of performance. The aim of all this is to consider the appropriateness of CEO pay levels.

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View our latest analysis for Vienna Insurance Group

How Does Elisabeth Stadler's Compensation Compare With Similar Sized Companies?

Our data indicates that Vienna Insurance Group AG is worth €3.1b, and total annual CEO compensation is €1.3m. (This number is for the twelve months until December 2018). We note that's an increase of 20% above last year. While this analysis focuses on total compensation, it's worth noting the salary is lower, valued at €765k. We looked at a group of companies with market capitalizations from €1.8b to €5.7b, and the median CEO total compensation was €1.8m.

That means Elisabeth Stadler receives fairly typical remuneration for the CEO of a company that size. Although this fact alone doesn't tell us a great deal, it becomes more relevant when considered against the business performance.

You can see a visual representation of the CEO compensation at Vienna Insurance Group, below.

WBAG:VIG CEO Compensation, May 15th 2019
WBAG:VIG CEO Compensation, May 15th 2019

Is Vienna Insurance Group AG Growing?

On average over the last three years, Vienna Insurance Group AG has grown earnings per share (EPS) by 58% each year (using a line of best fit). Its revenue is up 3.2% over last year.

This demonstrates that the company has been improving recently. A good result. It's good to see a bit of revenue growth, as this suggests the business is able to grow sustainably. You might want to check this free visual report on analyst forecasts for future earnings.

Has Vienna Insurance Group AG Been A Good Investment?

Most shareholders would probably be pleased with Vienna Insurance Group AG for providing a total return of 40% over three years. As a result, some may believe the CEO should be paid more than is normal for companies of similar size.

In Summary...

Elisabeth Stadler is paid around what is normal the leaders of comparable size companies.

Few would be critical of the leadership, since returns have been juicy and earnings per share are moving in the right direction. So one could argue the CEO compensation is quite modest, if you consider company performance! CEO compensation is one thing, but it is also interesting to check if the CEO is buying or selling Vienna Insurance Group (free visualization of insider trades).

Arguably, business quality is much more important than CEO compensation levels. So check out this free list of interesting companies, that have HIGH return on equity and low debt.

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

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