Kinnevik Management

Management criteria checks 3/4

Kinnevik's CEO is Georgi Ganev, appointed in Jan 2018, has a tenure of 6.83 years. directly owns 0.26% of the company’s shares, worth €4.84M. The average tenure of the management team and the board of directors is 4 years and 3.6 years respectively.

Key information

Georgi Ganev

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	6.8yrs
CEO ownership	0.3%
Management average tenure	4yrs
Board average tenure	3.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Georgi Ganev's remuneration changed compared to Kinnevik's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	-SEK 7b
Jun 30 2024	n/a	n/a	-SEK 8b
Mar 31 2024	n/a	n/a	-SEK 8b
Dec 31 2023	n/a	n/a	-SEK 5b
Sep 30 2023	n/a	n/a	-SEK 7b
Jun 30 2023	n/a	n/a	-SEK 7b
Mar 31 2023	n/a	n/a	-SEK 12b
Dec 31 2022	SEK 22m	SEK 8m	-SEK 20b
Sep 30 2022	n/a	n/a	-SEK 18b
Jun 30 2022	n/a	n/a	-SEK 15b
Mar 31 2022	n/a	n/a	SEK 4b
Dec 31 2021	SEK 26m	SEK 8m	SEK 15b

Compensation vs Market: Insufficient data to establish whether Georgi's total compensation is reasonable compared to companies of similar size in the German market.

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

CEO

Georgi Ganev (48 yo)

6.8yrs

Tenure

SEK 22,393,000

Compensation

Mr. Georgi Ganev has been Supervisory Board Vice Chairman at Global Fashion Group S.A. since June 17, 2019. He serves as Chief Executive Officer at Kinnevik AB since January 1, 2018. He served as Director...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Georgi Ganev	Chief Executive Officer	6.8yrs	SEK 22.39m	0.26% € 4.8m
Samuel Sjostrom	Chief Financial Officer	2yrs	no data	no data
Tatiana Shalalvand	Investment Director	2.8yrs	no data	no data
Torun Litzen	Director of Corporate Communications	17.8yrs	no data	no data
Anna Stenberg	Chief People & Platform Officer	4.5yrs	no data	no data
Mathew Joseph	Sustainability Director	4yrs	no data	no data
Akhil Chainwala	Investment Director and Venture & Growth Investor	3.8yrs	no data	no data
Magnus Jakobson	Capital Markets Director	1.8yrs	no data	no data
Natalie Tydeman	Senior Investment Director	3.8yrs	no data	0.0076% € 142.4k
Christian Scherrer	Investment Director	no data	no data	no data
Ola Nordbye	Investment Director	9.2yrs	no data	no data
Jessica Thorell	Investment Manager	no data	no data	no data

4.0yrs

Average Tenure

45yo

Average Age

Experienced Management: IV61's management team is considered experienced (4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Harald Mix	Independent Director	3.6yrs	SEK 875.00k	0.080% € 1.5m
Claes Glassell	Independent Director	less than a year	no data	no data
Susanna Campbell	Independent Director	5.5yrs	SEK 1.08m	0.0085% € 158.1k
Maria Redin	Independent Director	less than a year	no data	no data
James Anderson	Independent Chairman of the Board	3.6yrs	SEK 2.56m	0.19% € 3.6m
Cecilia Qvist	Independent Director	4.5yrs	SEK 935.00k	0.0014% € 26.3k

3.6yrs

Average Tenure

58yo

Average Age

Experienced Board: IV61's board of directors are considered experienced (3.6 years average tenure).

Kinnevik Management

Management criteria checks 3/4

Key information

Recent management updates

Kinnevik AB (Publ) Announces Not to Stand for Re-Election of James Anderson as Chair of the Board

Senior Investment Director recently bought €21k worth of stock

Kinnevik AB Announces Resignation of Charlotte Stromberg as Board Member

Chief Executive Officer recently bought €384k worth of stock

High number of new directors

Insufficient new directors

Recent updates

Kinnevik AB (Publ) Announces Not to Stand for Re-Election of James Anderson as Chair of the Board

Senior Investment Director recently bought €21k worth of stock

Kinnevik AB to Report First Half, 2025 Results on Jul 08, 2025

Pockit Limited agreed to acquire Monese Ltd.

NJJ Holding SAS and iliad S.A. completed the acquisition of approximately 19.8% stake in Tele2 AB (publ) (OM:TEL2 B) from Kinnevik AB (OM:KINV B).

Kinnevik AB Announces Resignation of Charlotte Stromberg as Board Member

Chief Executive Officer recently bought €384k worth of stock

Kinnevik AB SHARE AK B Ordinary Shares to Be Deleted from OTC Equity

High number of new directors

New minor risk - Share price stability

Kinnevik AB Approves Extra Distribution

Reveal Data Corporation acquired Onna Technologies, Inc.

Insufficient new directors

Kinnevik AB Proposes Extraordinary Cash Distribution

Kinnevik AB(OM:KINV B) dropped from FTSE All-World Index (USD)

NJJ Holding SAS and iliad S.A. entered into a binding agreement to acquire 17.5% stake in Tele2 AB (publ) (OM:TEL2 B) from Kinnevik AB (OM:KINV B) for approximately SEK 13 billion.

Independent Director recently bought €1.6m worth of stock

Kinnevik AB to Report First Half, 2024 Results on Jul 09, 2024

Kinnevik AB to Report Q1, 2024 Results on Apr 18, 2024

Senior Investment Director recently bought €19k worth of stock

Senior Investment Director recently bought €19k worth of stock

Independent Chairman of the Board recently bought €2.8m worth of stock

Kinnevik AB, Annual General Meeting, May 08, 2023

Kinnevik AB to Report Q3, 2023 Results on Oct 18, 2023

Kinnevik AB Announces Executive Changes

Kinnevik AB(OM:KINV A) dropped from FTSE All-World Index (USD)

Independent Director recently bought €62k worth of stock

Kinnevik AB has completed a Follow-on Equity Offering in the amount of SEK 6.1 billion.

Chief Executive Officer recently bought €108k worth of stock

High number of new and inexperienced directors

Kinnevik AB (OM:KINV B) commences an Equity Buyback Plan for its own shares, under the authorization granted on April 29, 2021.

Chief Executive Officer recently bought €411k worth of stock

Raisin GmbH acquired Deposit Solutions GmbH from a group of sellers in a merger of equals transaction.

Kinnevik Ordinary Shares to Be Deleted from Other OTC

Kinnevik AB(OM:KINV IL A) dropped from FTSE All-World Index (USD)

Independent Deputy Chairman Henrik Poulsen has left the company

Independent Chairman of the Board Amelia Fawcett has left the company

Independent Director has left the company

Kinnevik AB (publ) Announces Board Changes

New 90-day high: €43.51

Kinnevik AB Announces the Resignation of Chris Bischoff as Senior Investment Director

Kinnevik’s Deputy Chairman Henrik Poulsen Will Not Be Available for Re-Election

Kinnevik AB to Report Q4, 2020 Results on Feb 04, 2021

New 90-day high: €41.71

Alliance Data Systems Corporation (NYSE:ADS) completed the acquisition of Lon Operations LLC.

Natalie Tydeman Joins Kinnevik as Senior Investment Director

Kinnevik Ab's Ordinary Shares to Be Deleted from Other OTC

Kinnevik AB (Publ) Announces Dame Amelia Fawcett, Chairman Do Not Stand for Re-Election At Annual General Meeting in 2021

New 90-day high: €38.60

Alliance Data Systems Corporation (NYSE:ADS) entered into a definitive agreement to acquire Lon Operations LLC for transaction valuation of $450 million.

New 90-day high: €34.53

Kinnevik AB to Report Q3, 2020 Results on Oct 15, 2020

New 90-day high: €33.12

Kinnevik AB completed the acquisition of the 53.2% stake it does not already own in Goodguy Svenska AB.

Kinnevik Ordinary Shares to Be Deleted from Other OTC

An unknown buyer acquired 12% stake in home24 SE (XTRA:H24) from Kinnevik AB (OM:KINV B).

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age