As a board member, you are responsible for the strategic and operational management of a company. They make important decisions, coordinate the various departments and ensure that the company's goals are achieved. The board of directors plays a central role in company policy and is often the link between the shareholders and the management.
In Germany, salaries for CEOs vary depending on location and company. According to current data, the median salary for a CEO in Germany is €96,600 gross per year.
The highest salaries are found in larger cities such as Munich, Stuttgart, and Cologne, where the median salary ranges between €117,400 and €119,500. In other cities like Hamburg, Wuppertal, and Bonn, the median salary ranges between €110,900 and €112,700. In smaller cities like Duisburg and Dortmund, the median salary is approximately €109,900 and €109,600.
These figures provide an overview of the salaries for CEOs in Germany and can serve as a reference for career planning and salary negotiations.
A university degree in a relevant subject, such as business administration, economics or a related field, is usually required for a position on the board of directors. Board members often also have extensive professional experience in management positions in the industry.
There are numerous career opportunities in the board of directors sector. After a successful career in a company, specialists and managers can be promoted to higher board positions or move to supervisory boards. There is also the opportunity to work as a consultant or interim manager.
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