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 percentage | 21.6% |
| CEO tenure | 6.3yrs |
| CEO ownership | 0.02% |
| Management average tenure | 4.5yrs |
| Board average tenure | 5.8yrs |
Recent management updates
Recent updates
Should You Investigate Air France-KLM SA (EPA:AF) At €8.01?
Dec 16
Air France-KLM SA (EPA:AF) Just Reported Third-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?
Nov 10Take Care Before Diving Into The Deep End On Air France-KLM SA (EPA:AF)
Oct 20Slowing Rates Of Return At Air France-KLM (EPA:AF) Leave Little Room For Excitement
Sep 23Is Air France-KLM SA (EPA:AF) Potentially Undervalued?
Aug 28Air France-KLM SA Just Missed Earnings - But Analysts Have Updated Their Models
Jul 28Market Still Lacking Some Conviction On Air France-KLM SA (EPA:AF)
Jun 26Air France-KLM SA's (EPA:AF) CEO Compensation Is Looking A Bit Stretched At The Moment
May 30Investors Met With Slowing Returns on Capital At Air France-KLM (EPA:AF)
May 24Analyst Estimates: Here's What Brokers Think Of Air France-KLM SA (EPA:AF) After Its First-Quarter Report
May 03Does Air France-KLM (EPA:AF) Have A Healthy Balance Sheet?
Apr 17€15.16: That's What Analysts Think Air France-KLM SA (EPA:AF) Is Worth After Its Latest Results
Mar 04Unpleasant Surprises Could Be In Store For Air France-KLM SA's (EPA:AF) Shares
Feb 28Is It Time To Consider Buying Air France-KLM SA (EPA:AF)?
Feb 01A Look At The Fair Value Of Air France-KLM SA (EPA:AF)
Jan 11Slowing Rates Of Return At Air France-KLM (EPA:AF) Leave Little Room For Excitement
Dec 20Air France-KLM SA's (EPA:AF) Business Is Yet to Catch Up With Its Share Price
Nov 24Is There Now An Opportunity In Air France-KLM SA (EPA:AF)?
Oct 28An Intrinsic Calculation For Air France-KLM SA (EPA:AF) Suggests It's 45% Undervalued
Jul 07Returns On Capital Signal Difficult Times Ahead For Air France-KLM (EPA:AF)
Jun 10Should You Investigate Air France-KLM SA (EPA:AF) At €1.50?
Apr 15Air France-KLM SA (EPA:AF) Shares Could Be 40% Below Their Intrinsic Value Estimate
Mar 12There Are Reasons To Feel Uneasy About Air France-KLM's (EPA:AF) Returns On Capital
Dec 21CEO 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 ($USD4.33M) is above average for companies of similar size in the French market ($USD1.49M).
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 6.3yrs | €4.17m | 0.017% € 351.6k | |
| Chief Financial Officer | 3.4yrs | no data | no data | |
| Vice President of Investor Relations | no data | no data | no data | |
| Executive Vice President of Marketing | 1.9yrs | 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 | 8.1yrs | no data | no data | |
| Chief Executive Officer of Air France | 5.8yrs | no data | no data | |
| Executive Vice President of Cargo | 4.9yrs | no data | no data | |
| Executive Vice President of Strategy & Transformation | 4.2yrs | no data | no data | |
| CEO & President of KLM | 2.4yrs | no data | no data | |
| Executive Vice President of Information Systems | 1.9yrs | no data | no data |
4.5yrs
Average Tenure
55yo
Average Age
Experienced Management: AF's management team is considered experienced (4.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 6yrs | €4.17m | 0.017% € 351.6k | |
| Independent Director | 11.6yrs | €56.50k | 0.000040% € 852.0 | |
| Representative Director | 3.8yrs | €51.00k | no data | |
| Independent Director | 8.6yrs | €57.23k | 0.000040% € 852.0 | |
| Independent Director | 7.6yrs | €60.00k | 0.00061% € 13.0k | |
| Independent Director | 7.1yrs | €40.68k | 0.000040% € 852.0 | |
| Independent Non-Executive Chairwoman | 8.6yrs | €215.98k | 0.00015% € 3.2k | |
| Director | 5.6yrs | €35.64k | 0.00013% € 2.8k | |
| Director | 5.4yrs | €46.71k | 0.00030% € 6.4k | |
| Independent Director | less than a year | no data | no data | |
| Director | 4.6yrs | €52.00k | 0.00015% € 3.2k | |
| Independent Director | 3.6yrs | €54.76k | 0.00013% € 2.8k |
5.8yrs
Average Tenure
63.5yo
Average Age
Experienced Board: AF's board of directors are considered experienced (5.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 16:03 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| 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 |
| |
| Management | 10 years |
| |
| 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
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.
| Analyst | Institution |
|---|---|
| Eric Wilmer | ABN AMRO Bank N.V. |
| Lionel Pellicer | AlphaValue |
| Eduardo González Martín | Banco Santander |