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Compensation analysis: Two new top earners among DAX CEOs: The multi-million euro compensation packages of DAX board members rose again on average in 2025 ...
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Key FactsSAP Chief Klein Clears €10 Million Pay Mark in 2025
Aug 13, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: fr.de
Summary created with AI assistance · Source: fr.de
- Christian Klein received a total of €10.851 million in 2025, while Deutsche Bank CEO Christian Sewing also exceeded the €10 million threshold with €10.501 million.
- Average board-member compensation across all DAX companies was €3.909 million, a nominal 4.0 percent increase from 2024, while general wages rose 4.2 percent.
- At Adidas, top managers received an average of 106 times the average employee compensation, compared with 75 times at Volkswagen and 42 times across the DAX.
- David M. Salomon, Goldman Sachs’s chief executive, received the equivalent of €105.3 million in the Dow Jones Industrial Average, or €288,493.15 per day, with almost 80 percent variable.
A high remuneration can be appropriate if it reflects extraordinary value creation. It rightly loses its acceptance when performance and pay diverge.— Marc Tüngler, CEO of the Deutsche Schutzvereinigung für Wertpapierbesitz (DSW), on the ten-million-euro threshold
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Compensation: DAX CEOs see significant pay raises: The salaries of CEOs at Germany’s top corporations rose by around 13 percent in 2025 ...
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“Just perverse”: How long it takes DAX board members to pocket the annual salary of their employees
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Managers earn millions in a downturn: Who will earn the most in the DAX in 2024 - | and why that's problematic - | Business Punk
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