Ibex executive directors increase their remuneration by 29%
The executives of Ibex-listed companies earned 67 times more than the average of their employees in 2023, excluding extraordinary payments, compared to 55 times in 2022, according to the CNMV report.
The CNMV has released a report on the remuneration of executives at companies listed on the Ibex and other Spanish stock exchange indices. In 2025, Ibex executives earned an average of 4.82 million euros, a 29.3% increase from the previous year, while non-Ibex executives earned an average of 1.12 million euros, up 18.1%. The ratio of executive pay to average employee pay was 67:1 for Ibex companies and 22:1 for non-Ibex companies.
The presence of women on the boards of listed companies increased to 37.4%, with Ibex companies having a higher proportion of female board members at 42.1%. Women's representation in senior management positions reached 25.56%, with 27.7% in Ibex companies and 24% in non-Ibex companies.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
