Aegon Management

Management criteria checks 3/4

Aegon's CEO is Lard Friese, appointed in May 2020, has a tenure of 3.58 years. total yearly compensation is €2.91M, comprised of 53.6% salary and 46.4% bonuses, including company stock and options. directly owns 0.005% of the company’s shares, worth €434.84K. The average tenure of the management team and the board of directors is 3.6 years and 3.6 years respectively.

Key information

Lard Friese

Chief executive officer

€2.9m

Total compensation

CEO salary percentage	53.6%
CEO tenure	3.6yrs
CEO ownership	0.005%
Management average tenure	3.6yrs
Board average tenure	3.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Lard Friese's remuneration changed compared to Aegon's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2023	n/a	n/a	-€2b
Mar 31 2023	n/a	n/a	-€2b
Dec 31 2022	€3m	€2m	-€1b
Sep 30 2022	n/a	n/a	€172m
Jun 30 2022	n/a	n/a	€295m
Mar 31 2022	n/a	n/a	€1b
Dec 31 2021	€3m	€1m	€980m
Sep 30 2021	n/a	n/a	€1b
Jun 30 2021	n/a	n/a	€1b
Mar 31 2021	n/a	n/a	-€879m
Dec 31 2020	€2m	€931k	-€670m

Compensation vs Market: Lard's total compensation ($USD3.23M) is about average for companies of similar size in the German market ($USD4.41M).

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

CEO

Lard Friese (61 yo)

3.6yrs

Tenure

€2,909,000

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

Name	Position	Tenure	Compensation	Ownership
E. Friese	CEO & Chairman of Management Board	3.6yrs	€2.91m	0.0045% € 434.8k
Matthew Rider	CFO & Member of Executive Board	6.6yrs	€2.05m	0.0071% € 683.0k
Marco Baptist Keim	CEO of Aegon International & Member of the Management Board	15.5yrs	no data	no data
J. van Klinken	General Counsel	9.9yrs	no data	no data
Bas NieuweWeme	CEO of Aegon Asset Management & Member of Management Board	4.5yrs	no data	no data
Michael Holliday-Williams	CEO of Aegon UK & Member of Management Board	3.8yrs	no data	no data
Duncan Russell	Chief Transformation Officer & Member of Management Board	3.3yrs	no data	no data
Wilford Fuller	Member of the Management Board and CEO of Aegon Americas	2.8yrs	no data	no data
Elisabetta Caldera	Chief Human Resources Officer & Member of the Management Board	2.5yrs	no data	no data
Deborah Waters	CTO & Member of the Management Board	1.8yrs	no data	no data
Astrid Jakel	Chief Risk Officer & Member of the Management Board	1.8yrs	no data	no data
Jurgen H. P. van Rossum	Executive VP	no data	no data	no data

3.6yrs

Average Tenure

53yo

Average Age

Experienced Management: J060's management team is considered experienced (3.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Dona Young	Independent Supervisory Board Member	10.6yrs	€152.00k	0.00072% € 69.3k
Thomas Wellauer	Independent Member of Supervisory Board	3.6yrs	€137.00k	no data
Mark Ellman	Independent Supervisory Board Member	6.6yrs	€133.00k	no data
John McGarry	Independent Supervisory Board Member	2.5yrs	€155.00k	no data
William L. Connelly	Independent Supervisory Board Chairman	6.6yrs	€217.00k	no data
Karen Fawcett	Member of the Supervisory Board	1.6yrs	€77.00k	no data
Francis Blom	Board Observer	3.2yrs	no data	no data
Corien Wortmann-Kool	Independent Supervisory Board Vice Chairman	9.6yrs	€151.00k	no data
Caroline Ramsay	Independent Supervisory Board Member	3.6yrs	€183.00k	no data

3.6yrs

Average Tenure

65yo

Average Age

Experienced Board: J060's board of directors are considered experienced (3.6 years average tenure).

Aegon Management

Management criteria checks 3/4

Key information

Recent management updates

Aegon Ltd., Annual General Meeting, Jun 12, 2024

Aegon N.V., Annual General Meeting, May 25, 2023

Aegon N.V. Appoints Karen Fawcett as New Member of the Supervisory Board

Aegon Announces Management Changes

Aegon Appoints Will Fuller as Member of the Management Board, Effective March 31, 2021

Aegon Asset Management Appoints Lindsay Hudson as Head of Inclusion & Diversity

Recent updates

Aegon Ltd. to Report Fiscal Year 2023 Results on Apr 04, 2024

Aegon Ltd., Annual General Meeting, Jun 12, 2024

Second quarter 2023 earnings released: €0.14 loss per share (vs €0.023 loss in 2Q 2022)

Upcoming dividend of €0.14 per share at 5.0% yield

Aegon N.V. Announces Interim Dividend for 2023, Payable on September 27, 2023

Aegon N.V. (ENXTAM:AGN) announces an Equity Buyback for €1,500 million worth of its shares.

Vienna Insurance Group AG (WBAG:VIG) acquired Businesses of Aegon N.V. in Poland and Romania from Aegon N.V. (ENXTAM:AGN).

Vienna Insurance Group AG (WBAG:VIG) acquired Insurance, pension and asset management business from Aegon N.V. (ENXTAM:AGN).

Aegon N.V. Approves Final Dividend for the Year 2022

Upcoming dividend of €0.12 per share at 5.6% yield

Investor sentiment deteriorates as stock falls 20%

Aegon N.V. (ENXTAM:AGN) announces an Equity Buyback for 200 shares.

Aegon N.V. Proposes Dividend for 2022

Aegon N.V. to Report Fiscal Year 2022 Final Results on Mar 15, 2023

Aegon N.V. (ENXTAM:AGN) announces an Equity Buyback for €42.5 million worth of its shares.

Third quarter 2022 earnings released: €0.10 loss per share (vs €0.039 loss in 3Q 2021)

Third quarter 2022 earnings released: €0.10 loss per share (vs €0.039 loss in 3Q 2021)

Aegon N.V., Annual General Meeting, May 25, 2023

Aegon N.V. to Report Q1, 2023 Results on May 17, 2023

Aegon N.V. (ENXTAM:AGN) announces an Equity Buyback for €133 million worth of its shares.

Aegon N.V. Pays Interim Dividend, Payable as of September 21, 2022

Upcoming dividend of €0.11 per share

Second quarter 2022 earnings released

Aegon N.V. (ENXTAM:AGN) announces an Equity Buyback for €106 million worth of its shares.

Aegon N.V. Appoints Karen Fawcett as New Member of the Supervisory Board

Upcoming dividend of €0.09 per share

First quarter 2022 earnings released: EPS: €0.19 (vs €0.18 in 1Q 2021)

Aegon N.V. Proposes Final Dividend for 2021

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Investor sentiment deteriorated over the past week

Aegon N.V. Proposes Final Dividend for the Year 2021, Payable as of July 6, 2022

Aegon Announces Management Changes

Aegon N.V. (ENXTAM:AGN) announces an Equity Buyback for €50 million worth of its shares.

Third quarter 2021 earnings released: €0.039 loss per share (vs €0.20 loss in 3Q 2020)

Aegon N.V. (ENXTAM:AGN) announces an Equity Buyback for €96 million worth of its shares.

Second quarter 2021 earnings released

Global CTO & Member of the Management Board has left the company

Global Head of Human Resources & Member of the Management Board has left the company

Upcoming dividend of €0.06 per share

CEO of Aegon the Netherlands & Member of the Management Board Maarten Edixhoven has left the company

First quarter 2021 earnings released: EPS €0.18 (vs €0.61 in 1Q 2020)

Aegon N.V. Reports Impairment Results for the First Quarter Ended March 31, 2021

Member of the Management Board and President & CEO of Transamerica Corporation Mark Mullin has left the company

Full year 2020 earnings released: EPS €0.022 (vs €0.56 in FY 2019)

Aegon Appoints Will Fuller as Member of the Management Board, Effective March 31, 2021

New 90-day high: €4.21

Global Premium Holdings completed the acquisition of Stonebridge International Insurance Ltd. from Aegon N.V. (ENXTAM:AGN).

New 90-day high: €3.66

New 90-day high: €3.64

Aegon Asset Management Appoints Lindsay Hudson as Head of Inclusion & Diversity

New 90-day high: €3.26

New 90-day high: €2.98

Market bids up stock over the past week

Aegon Reportedly Puts Eastern European Arm Up for Sale

Global Premium Holdings agreed to acquire Stonebridge International Insurance Ltd. from Aegon N.V. (ENXTAM:AGN) for £70 million.

Aegon N.V. to Report Second Half, 2020 Results on Feb 11, 2021

Aegon N.V. to Report Fiscal Year 2020 Results on Mar 18, 2021

Aegon N.V. to Report Q2, 2021 Results on Aug 12, 2021

Aegon N.V. Withdraws Financial Guidance for the Year 2019-2021

Earnings released

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure