Key Insights
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Bellevue Group to hold its Annual General Meeting on 21st of March
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Salary of CHF350.0k is part of CEO André Rüegg's total remuneration
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Total compensation is 54% above industry average
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Bellevue Group's EPS grew by 9.7% over the past three years while total shareholder return over the past three years was 148%
Performance at Bellevue Group AG (VTX:BBN) has been reasonably good and CEO André Rüegg has done a decent job of steering the company in the right direction. In light of this performance, CEO compensation will probably not be the main focus for shareholders as they go into the AGM on 21st of March. However, some shareholders will still be cautious of paying the CEO excessively.
View our latest analysis for Bellevue Group
How Does Total Compensation For André Rüegg Compare With Other Companies In The Industry?
According to our data, Bellevue Group AG has a market capitalization of CHF486m, and paid its CEO total annual compensation worth CHF1.3m over the year to December 2022. We note that's a decrease of 43% compared to last year. While this analysis focuses on total compensation, it's worth acknowledging that the salary portion is lower, valued at CHF350k.
On examining similar-sized companies in the Swiss Capital Markets industry with market capitalizations between CHF183m and CHF730m, we discovered that the median CEO total compensation of that group was CHF865k. Hence, we can conclude that André Rüegg is remunerated higher than the industry median. Furthermore, André Rüegg directly owns CHF11m worth of shares in the company, implying that they are deeply invested in the company's success.
Component | 2022 | 2021 | Proportion (2022) |
Salary | CHF350k | CHF350k | 26% |
Other | CHF984k | CHF2.0m | 74% |
Total Compensation | CHF1.3m | CHF2.3m | 100% |
Talking in terms of the industry, salary represented approximately 41% of total compensation out of all the companies we analyzed, while other remuneration made up 59% of the pie. It's interesting to note that Bellevue Group allocates a smaller portion of compensation to salary in comparison to the broader industry. If non-salary compensation dominates total pay, it's an indicator that the executive's salary is tied to company performance.
Bellevue Group AG's Growth
Bellevue Group AG has seen its earnings per share (EPS) increase by 9.7% a year over the past three years. In the last year, its revenue is down 32%.
We generally like to see a little revenue growth, but it is good to see a modest EPS growth at least. These two metrics are moving in different directions, so while it's hard to be confident judging performance, we think the stock is worth watching. Looking ahead, you might want to check this free visual report on analyst forecasts for the company's future earnings..