Mercedes-Benz, sales are down. But the CEO is the highest paid in Dax – Corporate

He was paid more than all his colleagues on the main list of the German stock market, Dax, at the time The results of Mercedes-Benz Group -0.46 percent cause some concern. executive director Hello Källeniusage 54, he earned 12.74 million euros in 2023, the “richest” among the peers of Germany’s largest listed companies. The Swedish manager surpassed the head of Deutsche Börse Theodor Weimer, 64, who took 10.60 million, and Belen Garijo, 63, of the pharmaceutical giant Merck (10.53 million).

According to the analysis of the Reuters organization, these Directors are only three to cross the ten million threshold in Germany. Källenius and Weimer benefited the most from the fact that last year they received bonuses from previous years. However, there is nothing to say, compared to Carlos Tavares 36.5 millionStellantis number one.

But the main thing is another. Källenius cannot say that he is completely satisfied with the results of the group he has led since May 2019. The problem is the market: a few weeks ago the Stuttgart company revised its strategic goals: 50 percent of electric vehicles produced by 2030 instead of 100 percent. In 2023 Mercedes sold less Bev (Battery electric vehicles) than planned. And in the first quarter of 2024, shipments of fully electric vehicles decreased by 8 percent.

Overall, sales reached 463,000 units in the first quarter, indicating a 17 percent in Germany it is -12 in China. Pure electric vehicles accounted for 10 percent of total sales and 19 percent including plug-in hybrids.