The CEO of Schneider Electric makes a compensation package that is typical for a large global Fortune 500 company, totaling several million euros per year including base salary, bonus, and long-term stock awards. As of 2024 and 2025, Schneider Electric's CEO has been Peter Herweck, who succeeded Jean-Pascal Tricoire, though leadership changes can occur. The CEO's total compensation includes a base salary of around 1 million euros, an annual variable bonus tied to company performance that can be 100 to 150 percent of base salary, and long-term incentive awards in the form of Schneider Electric stock and performance shares that can be several million euros, bringing total annual compensation to around 6 to 10 million euros depending on performance and stock price. This information is disclosed in Schneider Electric's annual report and Universal Registration Document filed with French regulators, as French law requires disclosure of executive compensation. The CEO's compensation is set by the board of directors and approved by shareholders. Compared to US CEOs of similar sized companies like Eaton or Emerson, Schneider's CEO pay is somewhat lower than US peers but in line with European large cap companies. Exact figures vary yearly based on performance, stock awards vesting, and currency, and you can find the latest numbers in Schneider Electric's annual report for the most current disclosure.
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