The Executive Board of Nemetschek SE consists of three members:
- Patrik Heider, CFOO and Spokesman of the Executive Board
- Sean Flaherty, CSO
- Viktor Várkonyi, Member of the Executive Board
Executive Board Compensation
The compensation for members of the executive board consists of a base salary and a performance-oriented variable compensation. The variable remuneration is comprised of a short-term and a long-term oriented component.
The short-term performance-based compensation depends on corporate objectives achieved with regard to revenues and earnings, which are agreed between supervisory board and executive board members at the beginning of each fiscal year. The long-term performance-related compensation depends on the achievement of definded objectives with regard to the development of results and share price, such as set out at the end of 2009 in the Long-Term Incentive Plan (LTIP). The period to be observed is always three financial years.
The incentive plan ensures that the interests of the executive board and the interest of shareholders in the long-term increase of the shareholder value are closely linked.