The Ledger ResearchPrivate

The Front Office

Scouting report · IFXD.XC

Jochen Hanebeck

  • Chief Executive Officer (Chair of the Management Board), IFXD.XC since 2022-04src

Infineon lifer since 1994; ran Automotive and Operations, CEO since April 2022

—thin record

Not ranked yet

Scouting sheet

as of 24 Sep 2026
Delivers guidance—no promises on the record yet
Answers the question—no call reviewed yet
Capital allocation—company not reviewed yet
Pay design6052% performance-conditioned · roic, fcf, margin, relative tsr, revenue, strategic · 88.3% for · 0.25% of net income
Skin in the game—no holding or price on file
In the role
4 yr
Promises scored
0
Hit rate
—
Dodges / 100 answers
—
Airtime on calls
—
Every promise, oldest firstno scored promises yet

What to weigh

Watch 4

  • FY2025 STI paid at 75.8% of target: Segment Result Margin 17.5% against a 24.0% target (53.5% achievement), RoCE 9.3% against 13.5% (73.3%), and adjusted FCF EUR 1,803m against EUR 1,794m (100.5%)src
  • The 2024 Management Board pay system passed with only 56.68% at the February 2025 AGM. The board then dropped the STI modifier and the change-of-control clauses and widened clawback, but it also raised pay, mostly LTI. The revised system passed with 87.69% in February 2026src
  • No individual shareholding is disclosed. The guideline requires 150% of base salary within about five years, and the remuneration report does not say whether he meets it. He held 172,268 unvested virtual performance shares on 2025-09-30src
  • Directors' dealings in the last 12 months were not added up because the notices (EQS, financialreports CDN) are blocked from this environment. The notice titles show a plan-related share transfer and a sale to cover tax and fees on the Performance Share Plan vesting (2026-04-07)src

In their favour 2

  • EUR 2.58m awarded or due in FY2025, about 0.25% of the EUR 1.015bn profit. The FY2025 CEO cap was EUR 7.2msrc
  • Bought 10,000 shares on the open market on 2024-11-13, about USD 305k per a search summary of a GuruFocus insider pagesrc

Career

  1. 2022 – now
    Infineon Technologiessrc
    Chief Executive Officer
    Took over 2022-04-01 from Dr. Reinhard Ploss (CEO since 2012); first term to 2027-03-31 (PR-2021-11-25)
  2. 2016 – 2022
    Infineon Technologiessrc
    Member of the Management Board and Chief Operations Officer (manufacturing, logistics, quality, customs, procurement)
    Board member since 2016-07-01 per RR-FY25
  3. 2008 – 2016
    Infineon Technologiessrc
    Division President Automotive
  4. 2007 – 2008
    Infineon Technologiessrc
    Head of the Microcontrollers Business Unit, Automotive, Industrial and Multimarket Group
  5. 2004 – 2007
    Infineon Technologiessrc
    Head of Operations, Automotive, Industrial and Multimarket Group
  6. 2003 – 2004
    Infineon Technologiessrc
    Head of the Infineon Center of Excellence
  7. 2001 – 2003
    Infineon Technologiessrc
    Head of Operations, Chip Card & Security Division
  8. 1999 – 2001
    Infineon Technologiessrc
    Assistant to the Chief Operating Officer
  9. 1997 – 1999
    Siemens AG (Siemens Microelectronics Center, Dresden)src
    Head of DRAM Technology Development
  10. 1994 – 1997
    Siemens AG (DRAM joint venture with IBM and Toshiba, East Fishkill, USA)src
    Development Engineer, DRAM development

Achievements

  • Spent his whole career in the Siemens/Infineon semiconductor business since 1994; ran the Automotive division from 2008 to 2016 and Operations as COO from 2016 to 2022src
  • As COO he co-signed the Management Board's June 2019 message announcing the Cypress Semiconductor acquisition, which it called the largest deal in Infineon's historysrc
  • FY2025 under him: revenue EUR 14.662bn (down 2%), Segment Result Margin 17.5%, profit EUR 1.015bn, and negative free cash flow of EUR 1.051bn after buying Marvell's Automotive Ethernet businesssrc
  • In November 2025 he raised the FY2026 target for AI data-center power revenue to about EUR 1.5bnsrc
  • Raised FY2026 guidance in May 2026, and reported record Q3 FY2026 sales driven by the AI business in August 2026src
  • Contract extended early, a year before it was due to run out, to March 2032; the Supervisory Board chair cited investment in technology and a focus on competitivenesssrc

Education

  • RWTH Aachen University, Degree (Diplom level not stated) Electrical engineeringsrc

Background

  • Family None of the sources read (FY2025 annual report board section, remuneration reports, company bio) has a family-relationship statement; German reporting does not require one. None disclosedsrc
  • Other German, born in Dortmund. Joined Siemens semiconductors in 1994 and stayed through the 1999 carve-out that created Infineonsrc
  • Boards Chairman of the Supervisory Board of Infineon Technologies Austria AG (group mandate, unlisted). No outside listed-company mandate is shownsrc
  • Other Defined-contribution pension: the company pays 30% of base salary a year, EUR 423,000. The IFRS obligation stood at EUR 3.79m on 2025-09-30src
  • Other Up to FY2025 his contract had a change-of-control clause: up to 24 months of salary and variable pay if he resigned within 12 months of a 50% takeover. The Supervisory Board abolished it from FY2026src
  • Other His discharge (Entlastung) passed with 99.40% at the February 2026 AGMsrc

The promise ledger

No promise on the record yet: the research routine has not scored this company's guidance.

Sources

11
  1. Data connector eu_data filings_markdown_search / filings_markdown_retrieve(filing_id=8775931): Infineon Annual financial report 2024/2025 (released 2025-11-27), 'The Management Board' bios, CEO letter and Report of the Supervisory Board · 2026-09-24
  2. Data connector eu_data filings_list(company=222, ordering=-release_datetime, release_datetime_from=2025-10-01): titles of the FY2026 quarterly releases and directors' dealings notices · 2026-09-24
  3. Filing Infineon Technologies AG Remuneration Report 2025 (fiscal year 1 Oct 2024 - 30 Sep 2025), audited by Deloitte · 2025-11-27
  4. Filing Infineon Technologies AG Remuneration Report 2024 (fiscal year 1 Oct 2023 - 30 Sep 2024) · 2024-11-26
  5. Filing Infineon AGM 2026 voting results overview (Items 3.1, 8, 9) · 2026-02-19
  6. Filing Infineon press release INFXX202511.021e, Q4 and FY2025 results with Consolidated Statement of Profit or Loss · 2025-11-12
  7. Filing Infineon press release 'Infineon to extend contracts of CEO Jochen Hanebeck and CFO Dr. Sven Schneider ahead of schedule' · 2026-02-19
  8. Filing Infineon press release 'Supervisory Board appoints Jochen Hanebeck as successor to Dr. Reinhard Ploss as CEO of Infineon' · 2021-11-25
  9. Filing Infineon leadership page 'Jochen Hanebeck' (company bio with dated positions and mandates) · 2026-09-24
  10. Filing Cypress Semiconductor 8-K Ex. 99.1, 'Message from the Management Board of Infineon Technologies' to Cypress employees (0001104659-19-033483) · 2019-06-03
  11. Web search result WebSearch: Hanebeck Infineon directors dealings buy (summary of GuruFocus insider page: 10,000 shares bought 2024-11-13; page itself not fetched) · 2026-09-24