The CEO of Jerónimo Martins and “Chairman of the Board”, Pedro Soares DOS Santos, received an ineligible value of 5.25 million euros in 2024, compared to the positions he plays in the owner of the owner of the Bingo Doss. The amount is 7.1 % from the previous year, when Soares DOS Santos got 4.9 million euros.
More than 5 million euros that Soars DOS Santos received last year is distributed to many installments. The CEO received 1.4 million fixed rewards (the same amount last year) and 2.8 million variable rewards (compared to 2.52 million in 2023). These last values reflect the company’s performance in the previous year.
The remaining component is the regular contributions to the pension plan, which rose to 1.05 million, compared to 980 thousand euros in the previous yearIt refers to the 2024 report and the accounts published on the Securities Market Committee website (CMVM), which contains bonuses.
However, these were not the only values that Soares DOS Santos received, the document says. In the chapter “The amount of any address pays by other companies in relation to the field or the group or who are subject to a common field”, 910,000 euros have been paid in fixed compensation and 1.82 million in changing compensation, with a total of 2.73 million.
The report states that even if it reached the wages received by the members of the administration, during the year 2024, 3.47 million euros, The corresponding to 1.44 million euros, fixedococci, 980,000 euros changing the changing and 1.05 million euros for regular contributions to the reform pension plan.
In the results of 2024, presented last week, Jerónimo Martins recorded 599 million euros, which represents a decrease of 20.8 % of the group’s results led by Pedo Soares DOS Santos by 2023and In one year, “it is characterized by the solid effects of combining a sharp decrease in enlarged food with a significant cost climbing.”
Based on the net results, the administration suggested to the General Assembly of shareholders to distribute 370.8 million euros in stock profitsand Paying about 50 % of the regular unified results, corresponding to a total of 0.59 euros for each procedure.
At the press conference that followed the display of the numbers, sOares DOS Santos did not guarantee the continuity for a new period in Triénio 2025-2027and Saying that staying against Jeronimo Martins “depends on the family and shareholders.”
