Our testimonials come from clients of our Bonus Index and Strategy Index, experts from academia and shareholder advisory services. Read what they have to say about Obermatt.

What clients say about the Bonus Index

Natascha Haegy, Group Head of Compensation & Benefits, Holcim
At Holcim we chose Obermatt as our service provider for measuring the relative component in our STI and LTI plans because this method provides better incentives and we have had good experiences with Obermatt as a competent market leader.
Felix Burkhard, CFO, Galenica
We use Obermatt's indexed performance measurement in our LTI because it motivates our business to grow and demonstrates the strategic value of our investments in the future.
Jürgen Kremer, Global Head Compensation & Benefits, Vifor Pharma
In 2021, we switched our equity incentive plan to relative performance measurement using the Obermatt method. Hermann Stern supported us professionally and thanks to his expertise we were able to implement a reliable LTI plan that harmonizes both investor and manager interests.
Helmut Mannert, VP Top Executive Management, Siemens
With the expert opinion of Dr. Hermann Stern from Obermatt, we at Siemens were able to base the further development of our compensation system on solid risk analyses, which provided us with a strong foundation for presenting arguments to the decision-makers.
Ernst Bärtschi, CEO, Sika
Sika seeks committed employees who strive to reach high strategic goals based on an inner drive. Variable compensation plans complement this aim. These plans are based on success in the marketplace. The Obermatt Bonus Index meets our needs for neutral assessments of market success.
Werner Lieberherr, CEO, Landis + Gyr
We highly appreciate that Dr. Hermann J. Stern, CEO of Obermatt, substantiates his arguments with hard financial and ESG facts that are broadly researched, enabling us to have a solid basis for our decisions.
Dirk Stienaers, Head Compensation & Benefits, Adecco
Adecco has been using the Obermatt Bonus Index for quite a few years now. What I like about their method, is that the measurement is extremely relevant and at the same time build on a “simple” logic, making it very easy to communicate.
Andreas Leutenegger, CFO, VAT
For VAT, profitable growth and above-average value generation in comparison to our peer companies are crucial. The market benchmark with the Obermatt method reflects our growth and total shareholder return expectations for VAT and builds it into the remuneration of the executives. That's why we chose the Obermatt Bonus Index.
Dr. Paul Hälg, CEO, Dätwyler Holding AG:
We have successfully implemented Obermatt's philosophy of separating budgeting and management incentives at Dätwyler Holding.
Sabrina Hass, Group Human Resources Director at Zehnder Group
As an industrial company with a 125-year history, we stand for long-term, sustainable performance and reflect this accordingly in our LTI program. With Obermatt we have a reliable partner who supports us in measuring the relevant KPIs in a fair and transparent way.
René Güntert, CFO, Toyota Textile Machinery Europe AG
The Obermatt Bonus Index provides us with a dependable benchmark for a cycle-independent executive compensation plan, which is particularly important in these volatile times for textile machinery businesses.
Dr. Iñigo Natzel, Corporate Vice President Group Human Resources, Symrise
Our Board of Directors value the Obermatt Index for the transparency and fairness it brings to our executive compensation. The Index forms the basis for a capital market oriented and sustainable compensation for our management team.
Ronald Wijnbergen, CoE Remuneration, Beiersdorf AG
We use the Bonus Index at Beiersdorf to more effectively measure and reward the competitiveness of our strategy.
Jan Christoph Teetz, CFO, tesa SE
We use the Obermatt Bonus Index at Tesa, because it provides the entire organization with a strategic and long term focus on the competition.
Jörg Zumtobel, Founder, Zumtobel
We have implemented the Obermatt Bonus Index, because it enables fair compensation that is in the long term interest of our shareholders..
Dr. Ekkehard Kuppel, COO, KJ Jacobs:
Thanks to Obermatt's bonus advice, we were able to quickly approve and implement a sound, forward-looking compensation approach for our investment fund.
Daniel Flaig, Partner, CapVis Equity Partners
I use Obermatt's Operating Alpha Investment Rankings in the pre-due diligence phase of acquisitions, because I get statistically-based insights into relevant markets in order to better assess our financial plans.
Paul Thompson, Executive Vice President Corporate Development, Sonova
Obermatt's rigor and depth of analysis was a key factor in the new bonus plan gaining the support of both the Board and the management team.
Hanspeter Wüst, Head of Human Resources, J. Safra Sarasin Group:
Obermatt's indexed Bonus Targets provided a quick and efficient market overview.
Hans Hess, CEO, Hexagon
Obermatt played an invaluable role in planning an effective bonus system for Hexagon.

What experts say about the Obermatt method

Academic experts have been promoting indexed performance measurement for years and continue to research its advantages over other measurement methods.

Prof. Martin Hilb, University of St. Gallen
For CEOs and other members of the Executive Board I recommend Board members to implement indexed bonus programs that are based on financial and non-financial metrics and to reward short and long term performance likewise. Thus, the operative performance is being measured reliably, cycles neutral and in an integrated way.
Prof. Peter Forstmoser, University of Zurich
The Obermatt Bonus index eliminates arbitrary stock price movements. This approach is convincing for management compensation.
Prof. Roger Martin, University of Toronto
There is long battle to be fought to overturn the flawed orthodoxy concerning executive compensation. But it is a battle worth fighting because current practices are bad for shareholders and bad for economic growth and prosperity. Hermann Stern is an important and positive voice in this battle. I admire and respect what he says and does and highly recommend his Bonus Index blog.
Prof. Steven D. Levitt, University of Chicago
One thing that is not used as often as it should be used is benchmarking the relative performance of the company to other companies in that sector.

What clients say about the Strategy Index

Helmut Elben, Head of Corporate Planning, Georg Fischer AG
Obermatt's Strategy Radar provided a Value Based investor perspective for our planning and management processes.
Andreas Lindner, CFO, Ricola
Obermatt's indexed Peer Group Benchmarking gives us an important external perspective and assessment of our management team's actual performance.
Jörg Kampmeyer, CFO, Hilti Aktiengesellschaft
External reference benchmarks are often not available for a family-owned company with a complex range of services. In this regard, Obermatt's approach adds an important contribution to our performance assessment and fits perfectly into our flexible control concept.
David Zak, CFO Vetropack:
The Obermatt competitive performance assessment shows our industry trends detailed so that we can better assess our value generation.
Markus Lüthi, Director Group Accounting, Raiffeisen Group Switzerland
We especially appreciated how closely, quickly, pragmatically and efficiently Obermatt worked with us.
Dr. Richard Schindler, CFO, Siegfried
We used Obermatt's Strategy Radar for a Value Based assessment of our investment and pricing policies that helped us improve our strategy and competitive market position.
Martin Zwyssig, CFO, Schaffner Holding
The Obermatt Bonus Targets showed me our company's position at a glance. Their cycle-independent approach uncouples target setting from market trends.
Peter Küpfer, Chariman of Board of Directors, Valora Holding AG
Any practical strategy has to be based on benchmarking. It's a part of Board strategy like salt is part of the soup.
Andreas Moser, CFO, Mikron
Obermatt's indexed operating performance is a good method. The statistical and graphical results are convincing.
Dr. Max Michel, CFO, CPH Chemie Papier Holding
I used the Obermatt Strategy Radar to verify our strategic targets with an outside-in-view.
Jean-Claude Philipona, CEO, Adval Tech
Obermatt's indexed approach to value based management was enlightening for our management and our Board. It showed our position relative to the market and revealed immediate opportunities.
Dr. Stephan Bergamin, CFO, Karl Steiner AG:
Obermatt's valuation of our company has given us a much more realistic picture because they consider dozens of peer companies when verifying assumptions of cash value methods.
Daniel Petitjean, CEO, Warteck:
The Obermatt Cockpit convinced me as a reporting and analysis tool because of its custom adaptation to my needs.
Roland F. Trächsel, CEO/CFO, Vitra
What I really like is Obermatt's tailored approach to understanding our value management needs and providing the best solution for us.
Dr. Günter Pfeiffer, Member of the Management, Swisscom
Obermatt's focus on rewarding management for adding value from the long-term investor perspective is convincingly systematic and transparent.

What shareholders and their advisories say

Renowned shareholder advisories use the Obermatt Bonus Index to better judge the level of management compensation.

Ulrich Hocker, CEO
We use the Obermatt Bonus Index to determine the appropriateness of bonus payments according to the legal obligations.
Sarah Wilson, CEO
Obermatt's quantitative approach of the Bonus Index is both transparent and objective and puts shareholders and companies on a level playing field.
Gregor Greber, CEO
The Obermatt Bonus Index allows us to compare CEO compensation with relative performance to assess it for the zRating.