Aegon Management

Management criteria checks 2/4

Aegon's CEO is Lard Friese, appointed in May 2020, has a tenure of 4.58 years. total yearly compensation is €3.91M, comprised of 41.9% salary and 58.1% bonuses, including company stock and options. directly owns 0.005% of the company’s shares, worth €467.25K. The average tenure of the management team and the board of directors is 3.8 years and 4.6 years respectively.

Key information

Lard Friese

Chief executive officer

€3.9m

Total compensation

CEO salary percentage41.9%
CEO tenure4.6yrs
CEO ownership0.005%
Management average tenure3.8yrs
Board average tenure4.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Lard Friese's remuneration changed compared to Aegon's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

-€158m

Mar 31 2024n/an/a

-€184m

Dec 31 2023€4m€2m

-€210m

Sep 30 2023n/an/a

€202m

Jun 30 2023n/an/a

€31m

Mar 31 2023n/an/a

€56m

Dec 31 2022€4m€2m

€691m

Sep 30 2022n/an/a

€172m

Jun 30 2022n/an/a

€295m

Mar 31 2022n/an/a

€1b

Dec 31 2021€4m€1m

€980m

Sep 30 2021n/an/a

€1b

Jun 30 2021n/an/a

€1b

Mar 31 2021n/an/a

-€879m

Dec 31 2020€2m€931k

-€670m

Compensation vs Market: Lard's total compensation ($USD4.08M) is above average for companies of similar size in the Austrian market ($USD2.46M).

Compensation vs Earnings: Lard's compensation has increased whilst the company is unprofitable.


CEO

Lard Friese (62 yo)

4.6yrs

Tenure

€3,909,000

Compensation

Mr. E. Friese, also known as Lard, serves as Director of Transamerica Corporation. He serves as Director at The Geneva Association since June 2022. He serves as Chief Executive Officer and Chairman of the...


Leadership Team

NamePositionTenureCompensationOwnership
E. Friese
CEO, Chairman of Management Board & Executive Director4.6yrs€3.91m0.0051%
€ 467.2k
Duncan Russell
CFO & Member of Management Board4.3yrsno datano data
Marco Baptist Keim
CEO of Aegon International & Member of the Management Board16.5yrsno datano data
J. van Klinken
General Counsel10.9yrsno datano data
Michael Holliday-Williams
CEO of Aegon UK & Member of Management Board4.8yrsno datano data
Wilford Fuller
Member of the Management Board & CEO of Aegon Americas3.8yrsno datano data
Elisabetta Caldera
Chief Human Resources Officer & Member of the Management Board3.5yrsno datano data
Deborah Waters
CTO & Member of the Management Board2.8yrsno datano data
Astrid Jakel
Chief Risk Officer & Member of the Management Board2.8yrsno datano data
Shawn C. Johnson
CEO of Aegon Asset Management & Member of Executive Committeeless than a yearno datano data
Michele A. Bareggi
Chief Strategyless than a yearno datano data
Jurgen H. P. van Rossum
Executive VPno datano datano data

3.8yrs

Average Tenure

54yo

Average Age

Experienced Management: AEGN's management team is considered experienced (3.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
E. Friese
CEO, Chairman of Management Board & Executive Directorno data€3.91m0.0051%
€ 467.2k
Dona Young
Independent Director11.6yrs€165.00k0.00082%
€ 74.8k
Albert Benchimol
Non-Executive Directorless than a yearno datano data
Thomas Wellauer
Independent Director4.6yrs€143.00kno data
Mark Ellman
Independent Director7.6yrs€136.00kno data
John McGarry
Independent Director3.5yrs€149.00kno data
William L. Connelly
Independent Chairman7.6yrs€236.00kno data
Karen Fawcett
Independent Director2.6yrs€148.00kno data
Francis Blom
Board Observer4.2yrsno datano data
Corien Kool Wortmann
Independent Vice Chairman10.6yrs€145.00kno data

4.6yrs

Average Tenure

66yo

Average Age

Experienced Board: AEGN's board of directors are considered experienced (4.6 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 06:00
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Industry and Sector Metrics

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Analyst Sources

Aegon Ltd. is covered by 49 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Cor KluisABN AMRO Bank N.V.
Maria del Paz Ojeda FernandezAhorro Corporación
Pierre-Yves GauthierAlphaValue