ageas Management
Management criteria checks 4/4
ageas' CEO is Hans Jozef de Cuyper, appointed in Oct 2020, has a tenure of 3.67 years. total yearly compensation is €1.63M, comprised of 45.9% salary and 54.1% bonuses, including company stock and options. directly owns 0.005% of the company’s shares, worth €399.23K. The average tenure of the management team and the board of directors is 3.7 years and 3.4 years respectively.
Key information
Hans Jozef de Cuyper
Chief executive officer
€1.6m
Total compensation
| CEO salary percentage | 45.9% |
| CEO tenure | 3.7yrs |
| CEO ownership | 0.005% |
| Management average tenure | 3.7yrs |
| Board average tenure | 3.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | €2m | €750k | €953m |
| Sep 30 2023 | n/a | n/a | €1b |
| Jun 30 2023 | n/a | n/a | €911m |
| Mar 31 2023 | n/a | n/a | €1b |
| Dec 31 2022 | €2m | €750k | €1b |
| Sep 30 2022 | n/a | n/a | €982m |
| Jun 30 2022 | n/a | n/a | €1b |
| Mar 31 2022 | n/a | n/a | €821m |
| Dec 31 2021 | €2m | €650k | €845m |
| Sep 30 2021 | n/a | n/a | €715m |
| Jun 30 2021 | n/a | n/a | €757m |
| Mar 31 2021 | n/a | n/a | €985m |
| Dec 31 2020 | €744k | €108k | €1b |
Compensation vs Market: Hans Jozef's total compensation ($USD1.75M) is below average for companies of similar size in the German market ($USD3.09M).
Compensation vs Earnings: Hans Jozef's compensation has been consistent with company performance over the past year.
CEO
Hans Jozef de Cuyper (55 yo)
3.7yrs
Tenure
€1,632,599
Compensation
Mr. Hans Jozef Josephina de Cuyper is a Director at Ageas Insurance Limited since May 4, 2021. He serves as President of the Board at Ageas Portugal - Companhia de Seguros, S.A. He has been Chief Executive...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board | 14.9yrs | €175.00k | 0.025% € 2.0m | |
| CEO & Executive Director | 3.7yrs | €1.63m | 0.0050% € 399.2k | |
| CFO & Director | 1.1yrs | €824.67k | 0.0019% € 152.8k | |
| MD of Reinsurance & Investments and Executive Director | 5yrs | €1.10m | 0.0059% € 472.0k | |
| Managing Director of Asia | 9.9yrs | €1.37m | no data | |
| Group Director Investor Relations | no data | no data | no data | |
| Head of Legal | no data | no data | no data | |
| Managing Director of Belgium | 3.7yrs | no data | no data | |
| Managing Director of Europe | less than a year | no data | no data | |
| Managing Director of Business Development | less than a year | no data | no data | |
| Chief Risk Officer | no data | no data | no data | |
| Company Secretary | 11.4yrs | no data | no data |
3.7yrs
Average Tenure
54.5yo
Average Age
Experienced Management: FO4's management team is considered experienced (3.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board | 14.9yrs | €175.00k | 0.025% € 2.0m | |
| CEO & Executive Director | 3.7yrs | €1.63m | 0.0050% € 399.2k | |
| CFO & Director | 1.1yrs | €824.67k | 0.0019% € 152.8k | |
| MD of Reinsurance & Investments and Executive Director | 5.1yrs | €1.10m | 0.0059% € 472.0k | |
| Director | less than a year | no data | no data | |
| Independent Non-Executive Director | 3.1yrs | €106.00k | no data | |
| Independent Non-Executive Director | 8.2yrs | €111.00k | no data | |
| Director | less than a year | no data | no data | |
| Independent Non-Executive Director | 7.1yrs | €109.00k | no data | |
| Independent Non-Executive Director | 2.1yrs | €92.00k | no data | |
| Independent Non-Executive Director | 6.1yrs | €98.50k | no data | |
| Independent Director | 1.1yrs | €57.50k | no data |
3.4yrs
Average Tenure
56yo
Average Age
Experienced Board: FO4's board of directors are considered experienced (3.4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/06/12 13:00 |
| End of Day Share Price | 2024/03/15 00:00 |
| Earnings | 2023/12/31 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
ageas SA/NV is covered by 35 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Cor Kluis | ABN AMRO Bank N.V. |
| Pierre-Yves Gauthier | AlphaValue |
| Alessia Magni | Barclays |