Michael H. Kramarsch

Michael H. Kramarsch is founder, Delegate of the Board and Managing Partner of the hkp /// group.

In his more than 20 years consulting business he has established himself as one of the most highly regarded experts in the field of value-oriented management, corporate governance, performance management and top-executive compensation - in industrial companies as well as banks. His consulting expertise to Boards (Aufsichts- und Verwaltungsräte), Executive Boards and HR managers spans Germany, Switzerland and Austria – as well as additional European countries and the U.S.

Prior to founding hkp/// group on January 1st 2011, Mr. Kramarsch worked 13 years for an international HR management consulting firm. There he held various management and executive positions, e.g. as Managing Partner for the German-speaking regions.

Jointly with Prof. Fred G. Becker, Michael H. Kramarsch published one of the first studies in German-speaking countries on value-oriented corporate management and incentives in 1997. His book on equity-based management compensation (“Aktienbasierte Management-Vergütung”, Schaeffer Poeschl), available as second edition, is still considered a standard reference of executive compensation in Germany. Together with Dirk Filbert he analyzed the regulatory framework conditions of an altered remuneration landscape in "Performance-based remuneration in the banking business", a chapter of the "Handbook Corporate Governance in Banks" (Ed. Hopt, K. and Wohlmannstetter, G., Vahlen / CHBeck, June 2011).

Michael H. Kramarsch was a named specialty expert for German regulatory bodies as Governmental Commission on Corporate Governance (Deutsche Regierungskommission Corporate Governance), managed by Chairman Prof. Dr. T. Baums (2001), and The Government Commission German Corporate Governance Code (Regierungskommission DCGK) managed by the Chairmen Klaus Peter Müller und Dr. Manfred Gentz (2012 to 2014). He is founding member and CEO of the German Association of Independent Compensation Consultants (VUVB) as well as member of the advisory board of HHL Center for Corporate Governance, Leipzig.

Mr. Kramarsch is regularly cited in articles, lectures and publishes on current developments in corporate governance, top executive compensation and performance management.

Michael H. Kramarsch, Managing Partner
Phone +49 69 175 363 363
michael.kramarsch@hkp.com

Michael H. Kramarsch

Michael H. Kramarsch, Managing Partner
Phone +49 69 175 363 363
michael.kramarsch@hkp.com

Michael H. Kramarsch

Managing Partner, Delegate of the Board and Member of the Advisory Council

Austrian-born Michael H. Kramarsch is one of the most active founders, investors and consultants in the HR management scene. At the age of 40, he parted ways with corporate consulting firms and, together with partners, founded hkp/// group in 2011. Under his direction, it has evolved into Germany’s most successful management consultancy for topics at the intersection of Corporate Governance, strategy, HR and finance.

Michael Kramarsch is a leading expert in value-based management, corporate governance, performance management and executive compensation. He has provided expert advice to several government commissions such as Regierungskommission Deutscher Corporate Governance, chaired by Professor T. Baums (2001), and the Regierungskommission Deutscher Corporate Governance Kodex [German Corporate Governance Code - DCGK], headed by Klaus Peter Müller and Dr. Manfred Gentz (2012 to 2014).

As an investor, Michael H. Kramarsch focuses on HR startups and holds equity in about 20 young companies. These engagements in addition to his role as initiator and Co-Chair of the HR Startup Awards, presented annually since 2014, have made him one of the most distinguished HR startup experts. He is keenly interested in technology and its ethical challenges. This motivated him to establish the Ethics Advisory Council (Ethikbeirat) HR Tech together with the Association of German HR Managers (Bundesverband für Personalmanager, BPM) in 2019. The Committee, made up of renowned representatives from science, startups and well-established companies, considers itself a driving force for promoting the ethical and proper use of digital solutions in HR.

Michael H. Kramarsch regularly comments on the latest developments in business, society and politics in editorials, interviews and articles for leading media and prestigious publishers. A joint study with Prof. Fred G. Becker, one of the first of its kind in the German-speaking world on value-based management and incentivization, was published as early as 1997. His book on share-based management compensation (Aktienbasierte Managementvergütung, Schäffer-Poeschl), meanwhile in its second edition, is regarded as the German-language reference work on executive pay.

Michael H. Kramarsch is a founding member and Chairman of the Executive Board of the Association of independent compensation consultants (Vereinigung unabhängiger Vergütungsberater, VUVB). He supports several training and continuing education courses for executives and non-executive directors as a lecturer. He is also founding member of the working committee Guidelines for Sustainable Management Board Compensation (Leitlinien für eine nachhaltige Vorstandsvergütung), initiated in early 2018. Working closely with distinguished Supervisory Board members, international investors, academics and corporate governance experts, it develops best practice guidelines.

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