The supervisory boards of Dax-listed companies have again made more money in 2018. On average, the remuneration of the members of the Supervisory Board rose by 1.9 percent last year to around € 378,000. This is the result of calculations by the German Protection Association for Securities Ownership (DSW).
Paul Achleitner, chairman of the supervisory board at Deutsche Bank, is therefore still the best paid chief inspector. Compared to the previous year, his compensation rose by 7.3 percent in 2018 to almost 860,000 euros.
For the first time since 2014, Deutsche Bank made money again last year. However, the profit with 341 million euros far underperformed most of its competitors.
Chief controllers of BMW and Fresenius follow - by far
In second place landed with 640,000 euros BMW supervisory board boss Norbert Reithofer. Fresenius chief inspector Gerd Krick received 620,000 euros.
29 of the 30 Dax companies were analyzed. The gas company Linde was not included. Company management and control body are no longer separated there.
According to DSW, since July 1, 2018, only BMW, Continental, Deutsche Bank, and Fresenius and the subsidiary Fresenius Medical Care have been making use of long-term variable remuneration components.
These are paid out with delay and, for example, are linked to the company's success. However, the shareholder representatives consider a purely fixed compensation to be more useful for the Supervisory Board. "However, this must not be used to an inappropriate increase," warned the DSW.