Top Mercedes boss: pay scale of DAX bosses revealed

Mercedes boss Ola Källenius is the highest paid of the DAX board members. The 54-year-old earned 12.74 million euros including bonuses in 2023, as the “Reuters” news agency reported based on salary reports. For Källenius, this means a 79.69 percent increase compared to his 2022 salary (7.09 million euros).

Annual income (2023) of DAX board members in that position

• 1. Ola Källenius (Mercedes-Benz Group AG) 12.74 million euros
• 2. Theodor Weimer (German Stock Market) 10.60 million euros
• 3. Belén Garijo (Merck KGaA) 10.53 million euros
• 4. Oliver Blume (VW/Porsche AG) 9.71 million euros
• 5. Björn Gulden (Adidas) 9.18 million euros
• 6. Oliver Zipser (BMW) 8.87 million euros
• 7. Tim Höttges (Deutsche Telekom) 8.76 million euros
• 8. Joachim Wenning (Munich Re) 8.27 million euros
• 9. Roland Busch (Siemens) 7.61 million euros
• 10. Oliver Bäte (Alliance) 7.47 million euros
• 11. Christian Klein (SAP) 7.16 million euros
• 12. Martin Daum (Daimler Truck) 6.92 million euros
• 13. Dominik von Acht (HeidelbergCement) 6.87 million euros
• 14. Guillaume Faury (Airbus) 6.77 million euros
• 15. Carsten Knobel (Henkel) 6.75 million euros
• 16. Bill Anderson (Bayer) 6.49 million euros
• 17. Leonhard Birnbaum (E.ON) 6.42 million euros
• 18. Markus Krebber (RWE) 6.40 million euros
• 19. Bernd Montag (Siemens Healthcare AG) 6.35 million euros
• 20. Martin Brudermüller (BASF) 6.11 million euros

Adidas boss Bjørn Gulden is only in fifth place with 9.18 million euros. However, after moving from sports goods manufacturer Puma, the Norwegian also received around 11,900 Adidas shares as a kind of signing bonus. Adidas paid 3.88 million euros including tax on shares. That makes a total of 13.06 million euros, which would put Adidas boss Gulden at the top.

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