Air France-KLM SA

WBAG:AFK Stock Report

Market Cap: €2.1b

Air France-KLM Management

Management criteria checks 3/4

Air France-KLM's CEO is Ben Smith, appointed in Sep 2018, has a tenure of 6.25 years. total yearly compensation is €4.17M, comprised of 21.6% salary and 78.4% bonuses, including company stock and options. directly owns 0.017% of the company’s shares, worth €351.65K. The average tenure of the management team and the board of directors is 4.5 years and 5.8 years respectively.

Key information

Ben Smith

Chief executive officer

€4.2m

Total compensation

CEO salary percentage21.6%
CEO tenure6.3yrs
CEO ownership0.02%
Management average tenure4.5yrs
Board average tenure5.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ben Smith's remuneration changed compared to Air France-KLM's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

€63m

Jun 30 2024n/an/a

€209m

Mar 31 2024n/an/a

€597m

Dec 31 2023€4m€900k

€772m

Sep 30 2023n/an/a

€2b

Jun 30 2023n/an/a

€1b

Mar 31 2023n/an/a

€783m

Dec 31 2022€4m€900k

€591m

Sep 30 2022n/an/a

-€172m

Jun 30 2022n/an/a

-€762m

Mar 31 2022n/an/a

-€3b

Dec 31 2021€4m€900k

-€3b

Sep 30 2021n/an/a

-€4b

Jun 30 2021n/an/a

-€6b

Mar 31 2021n/an/a

-€7b

Dec 31 2020€3m€745k

-€7b

Sep 30 2020n/an/a

-€6b

Jun 30 2020n/an/a

-€4b

Mar 31 2020n/an/a

-€1b

Dec 31 2019€4m€900k

€273m

Sep 30 2019n/an/a

-€79m

Jun 30 2019n/an/a

€331m

Mar 31 2019n/an/a

€340m

Dec 31 2018€2m€263k

€395m

Compensation vs Market: Ben's total compensation ($USD4.34M) is above average for companies of similar size in the Austrian market ($USD1.88M).

Compensation vs Earnings: Ben's compensation has been consistent with company performance over the past year.

CEO

Ben Smith (53 yo)

6.3yrs

Tenure

€4,169,954

Compensation

Mr. Benjamin M. Smith, also known as Ben, is Vice-Chair of the Board of WestJet Airlines Ltd. Mr. Smith has been Chief Executive Officer at Air France-KLM SA since September 17, 2018 and has been its Direc...

Leadership Team

NamePositionTenureCompensationOwnership
Benjamin Smith
CEO & Director6.3yrs€4.17m0.017%
€ 351.6k
Steven Zaat
Chief Financial Officer3.4yrsno datano data
Michiel Klinkers
Vice President of Investor Relationsno datano datano data
Henri de Peyrelongue
Executive Vice President of Marketing1.9yrsno datano data
Jean-Christophe Lalanne
Executive Vice President of Information Technologyno datano datano data
Henri Hourcade
Senior Vice President of Caribbean & Indian Ocean8.3yrsno datano data
Anne Brachet
Executive Vice President of Engineering & Maintenance8.1yrsno datano data
Anne Rigail
Chief Executive Officer of Air France5.8yrsno datano data
Adriaan den Heijer
Executive Vice President of Cargo4.9yrsno datano data
Oltion Carkaxhija
Executive Vice President of Strategy & Transformation4.2yrsno datano data
Marjan E. Rintel
CEO & President of KLM2.4yrsno datano data
Pierre-Olivier Bandet
Executive Vice President of Information Systems1.9yrsno datano data

4.5yrs

Average Tenure

55yo

Average Age

Experienced Management: AFK's management team is considered experienced (4.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Benjamin Smith
CEO & Director6yrs€4.17m0.017%
€ 351.6k
Isabelle Bouillot
Independent Director11.6yrs€56.50k0.000040%
€ 852.0
Alain Bellemare
Representative Director3.8yrs€51.00kno data
Alexander Wynaendts
Independent Director8.6yrs€57.23k0.000040%
€ 852.0
Leni Maria Boerner
Independent Director7.6yrs€60.00k0.00061%
€ 13.0k
Anne-Marie Idrac
Independent Director7.1yrs€40.68k0.000040%
€ 852.0
Anne-Marie Couderc
Independent Non-Executive Chairwoman8.6yrs€215.98k0.00015%
€ 3.2k
Cees ´t Hart
Director5.6yrs€35.64k0.00013%
€ 2.8k
Jian Wang
Director5.4yrs€46.71k0.00030%
€ 6.4k
Florence Parly
Independent Directorless than a yearno datano data
Dirk van den Berg
Director4.6yrs€52.00k0.00015%
€ 3.2k
Gwenaelle Avice-Huet
Independent Director3.6yrs€54.76k0.00013%
€ 2.8k

5.8yrs

Average Tenure

63.5yo

Average Age

Experienced Board: AFK's board of directors are considered experienced (5.8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 16:12
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
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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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Air France-KLM SA is covered by 54 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Eric WilmerABN AMRO Bank N.V.
Lionel PellicerAlphaValue
Eduardo González MartínBanco Santander