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 6.17 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 €319.04K. The average tenure of the management team and the board of directors is 4.5 years and 5.7 years respectively.
Key information
Ben Smith
Chief executive officer
€4.2m
Total compensation
| CEO salary percentage | 21.6% |
| CEO tenure | 6.2yrs |
| CEO ownership | 0.02% |
| Management average tenure | 4.5yrs |
| Board average tenure | 5.7yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | €63m |
| Jun 30 2024 | n/a | n/a | €209m |
| Mar 31 2024 | n/a | n/a | €597m |
| Dec 31 2023 | €4m | €900k | €772m |
| Sep 30 2023 | n/a | n/a | €2b |
| Jun 30 2023 | n/a | n/a | €1b |
| Mar 31 2023 | n/a | n/a | €783m |
| Dec 31 2022 | €4m | €900k | €591m |
| Sep 30 2022 | n/a | n/a | -€172m |
| Jun 30 2022 | n/a | n/a | -€762m |
| Mar 31 2022 | n/a | n/a | -€3b |
| Dec 31 2021 | €4m | €900k | -€3b |
| Sep 30 2021 | n/a | n/a | -€4b |
| Jun 30 2021 | n/a | n/a | -€6b |
| Mar 31 2021 | n/a | n/a | -€7b |
| Dec 31 2020 | €3m | €745k | -€7b |
| Sep 30 2020 | n/a | n/a | -€6b |
| Jun 30 2020 | n/a | n/a | -€4b |
| Mar 31 2020 | n/a | n/a | -€1b |
| Dec 31 2019 | €4m | €900k | €273m |
| Sep 30 2019 | n/a | n/a | -€79m |
| Jun 30 2019 | n/a | n/a | €331m |
| Mar 31 2019 | n/a | n/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)
6.2yrs
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 6.2yrs | €4.17m | 0.017% € 319.0k | |
| Chief Financial Officer | 3.3yrs | no data | no data | |
| Vice President of Investor Relations | no data | no data | no data | |
| Executive Vice President of Marketing | 1.8yrs | no data | no data | |
| Executive Vice President of Information Technology | no data | no data | no data | |
| Senior Vice President of Caribbean & Indian Ocean | 8.3yrs | no data | no data | |
| Executive Vice President of Engineering & Maintenance | 8yrs | no data | no data | |
| Chief Executive Officer of Air France | 5.8yrs | no data | no data | |
| Executive Vice President of Cargo | 4.8yrs | no data | no data | |
| Executive Vice President of Strategy & Transformation | 4.1yrs | no data | no data | |
| CEO & President of KLM | 2.3yrs | no data | no data | |
| Executive Vice President of Information Systems | 1.8yrs | no data | no data |
4.5yrs
Average Tenure
55yo
Average Age
Experienced Management: AFK's management team is considered experienced (4.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 5.9yrs | €4.17m | 0.017% € 319.0k | |
| Independent Director | 11.5yrs | €56.50k | 0.000040% € 773.0 | |
| Representative Director | 3.8yrs | €51.00k | no data | |
| Independent Director | 8.5yrs | €57.23k | 0.000040% € 773.0 | |
| Independent Director | 7.5yrs | €60.00k | 0.00061% € 11.8k | |
| Independent Director | 7yrs | €40.68k | 0.000040% € 773.0 | |
| Independent Non-Executive Chairwoman | 8.5yrs | €215.98k | 0.00015% € 2.9k | |
| Director | 5.5yrs | €35.64k | 0.00013% € 2.5k | |
| Director | 5.3yrs | €46.71k | 0.00030% € 5.8k | |
| Independent Director | less than a year | no data | no data | |
| Director | 4.5yrs | €52.00k | 0.00015% € 2.9k | |
| Independent Director | 3.5yrs | €54.76k | 0.00013% € 2.5k |
5.7yrs
Average Tenure
63.5yo
Average Age
Experienced Board: AFK's board of directors are considered experienced (5.7 years average tenure).