Mar 4 • 04:15 UTC 🇪🇸 Spain El País

The CEO of Moeve earned 6.2 million euros in 2025, 15% less than the previous year

Maarten Wetselaar, the CEO of Moeve, earned 6.2 million euros in 2025, marking a 15% decrease from his earnings the previous year.

Maarten Wetselaar, the CEO of the energy company Moeve, reported a total remuneration of 6.2 million euros for 2025, which is a 15% reduction compared to the 7.3 million euros he earned in 2024. The decrease in his salary is primarily attributed to a reduction in variable compensation, as stated in the company's documentation provided to investors. Moeve, which is owned by Mubadala from Abu Dhabi and Carlyle, emphasizes this shift in compensation structure, which reflects wider trends in corporate remuneration amidst fluctuating market conditions.

In 2024, Wetselaar received a fixed and variable compensation of 5.3 million euros, down from 6.3 million euros in the previous year. Along with this compensation, he also received 700,000 euros for other unspecified contributions and an additional 200,000 euros for statutory allowances. The reduction in overall earnings for Wetselaar may indicate cost control measures within the company and a response to market pressures, which could impact investor sentiment moving forward.

This earnings report not only sheds light on the compensation practices of Moeve but also serves as a reflection of the current landscape in the energy sector, which has been facing various challenges, including regulatory changes and sustainability pressures. As executives face increasing scrutiny over their pay, Wetselaar's situation may provoke discussions on corporate governance and the alignment of executive compensation with company performance and long-term shareholder value.

📡 Similar Coverage