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 percentage21.6%
CEO tenure6.2yrs
CEO ownership0.02%
Management average tenure4.5yrs
Board average tenure5.7yrs

Recent management updates

Air France-KLM SA's (EPA:AF) CEO Compensation Is Looking A Bit Stretched At The Moment

May 30
Air France-KLM SA's (EPA:AF) CEO Compensation Is Looking A Bit Stretched At The Moment

Recent updates

Air France-KLM SA (EPA:AF) Just Reported Third-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

Nov 10
Air France-KLM SA (EPA:AF) Just Reported Third-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

Take Care Before Diving Into The Deep End On Air France-KLM SA (EPA:AF)

Oct 20
Take Care Before Diving Into The Deep End On Air France-KLM SA (EPA:AF)

Slowing Rates Of Return At Air France-KLM (EPA:AF) Leave Little Room For Excitement

Sep 23
Slowing Rates Of Return At Air France-KLM (EPA:AF) Leave Little Room For Excitement

Is Air France-KLM SA (EPA:AF) Potentially Undervalued?

Aug 28
Is Air France-KLM SA (EPA:AF) Potentially Undervalued?

Air France-KLM SA Just Missed Earnings - But Analysts Have Updated Their Models

Jul 28
Air France-KLM SA Just Missed Earnings - But Analysts Have Updated Their Models

Market Still Lacking Some Conviction On Air France-KLM SA (EPA:AF)

Jun 26
Market Still Lacking Some Conviction On Air France-KLM SA (EPA:AF)

Air France-KLM SA's (EPA:AF) CEO Compensation Is Looking A Bit Stretched At The Moment

May 30
Air France-KLM SA's (EPA:AF) CEO Compensation Is Looking A Bit Stretched At The Moment

Investors Met With Slowing Returns on Capital At Air France-KLM (EPA:AF)

May 24
Investors Met With Slowing Returns on Capital At Air France-KLM (EPA:AF)

Analyst Estimates: Here's What Brokers Think Of Air France-KLM SA (EPA:AF) After Its First-Quarter Report

May 03
Analyst Estimates: Here's What Brokers Think Of Air France-KLM SA (EPA:AF) After Its First-Quarter Report

Does Air France-KLM (EPA:AF) Have A Healthy Balance Sheet?

Apr 17
Does Air France-KLM (EPA:AF) Have A Healthy Balance Sheet?

€15.16: That's What Analysts Think Air France-KLM SA (EPA:AF) Is Worth After Its Latest Results

Mar 04
€15.16: That's What Analysts Think Air France-KLM SA (EPA:AF) Is Worth After Its Latest Results

Unpleasant Surprises Could Be In Store For Air France-KLM SA's (EPA:AF) Shares

Feb 28
Unpleasant Surprises Could Be In Store For Air France-KLM SA's (EPA:AF) Shares

Is It Time To Consider Buying Air France-KLM SA (EPA:AF)?

Feb 01
Is It Time To Consider Buying Air France-KLM SA (EPA:AF)?

A Look At The Fair Value Of Air France-KLM SA (EPA:AF)

Jan 11
A Look At The Fair Value Of Air France-KLM SA (EPA:AF)

Slowing Rates Of Return At Air France-KLM (EPA:AF) Leave Little Room For Excitement

Dec 20
Slowing Rates Of Return At Air France-KLM (EPA:AF) Leave Little Room For Excitement

Air France-KLM SA's (EPA:AF) Business Is Yet to Catch Up With Its Share Price

Nov 24
Air France-KLM SA's (EPA:AF) Business Is Yet to Catch Up With Its Share Price

Is There Now An Opportunity In Air France-KLM SA (EPA:AF)?

Oct 28
Is There Now An Opportunity In Air France-KLM SA (EPA:AF)?

An Intrinsic Calculation For Air France-KLM SA (EPA:AF) Suggests It's 45% Undervalued

Jul 07
An Intrinsic Calculation For Air France-KLM SA (EPA:AF) Suggests It's 45% Undervalued

Returns On Capital Signal Difficult Times Ahead For Air France-KLM (EPA:AF)

Jun 10
Returns On Capital Signal Difficult Times Ahead For Air France-KLM (EPA:AF)

Should You Investigate Air France-KLM SA (EPA:AF) At €1.50?

Apr 15
Should You Investigate Air France-KLM SA (EPA:AF) At €1.50?

Air France-KLM SA (EPA:AF) Shares Could Be 40% Below Their Intrinsic Value Estimate

Mar 12
Air France-KLM SA (EPA:AF) Shares Could Be 40% Below Their Intrinsic Value Estimate

There Are Reasons To Feel Uneasy About Air France-KLM's (EPA:AF) Returns On Capital

Dec 21
There Are Reasons To Feel Uneasy About Air France-KLM's (EPA:AF) Returns On Capital

CEO Compensation Analysis

How has Ben Smith's remuneration changed compared to Air France-KLM's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

€63m

Jun 30 2024n/an/a

€209m

Mar 31 2024n/an/a

€597m

Dec 31 2023€4m€900k

€772m

Sep 30 2023n/an/a

€2b

Jun 30 2023n/an/a

€1b

Mar 31 2023n/an/a

€783m

Dec 31 2022€4m€900k

€591m

Sep 30 2022n/an/a

-€172m

Jun 30 2022n/an/a

-€762m

Mar 31 2022n/an/a

-€3b

Dec 31 2021€4m€900k

-€3b

Sep 30 2021n/an/a

-€4b

Jun 30 2021n/an/a

-€6b

Mar 31 2021n/an/a

-€7b

Dec 31 2020€3m€745k

-€7b

Sep 30 2020n/an/a

-€6b

Jun 30 2020n/an/a

-€4b

Mar 31 2020n/an/a

-€1b

Dec 31 2019€4m€900k

€273m

Sep 30 2019n/an/a

-€79m

Jun 30 2019n/an/a

€331m

Mar 31 2019n/an/a

€340m

Dec 31 2018€2m€263k

€395m

Compensation vs Market: Ben's total compensation ($USD4.34M) is above average for companies of similar size in the French market ($USD1.49M).

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


CEO

Ben Smith (53 yo)

6.2yrs

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

NamePositionTenureCompensationOwnership
Benjamin Smith
CEO & Director6.2yrs€4.17m0.017%
€ 319.0k
Steven Zaat
Chief Financial Officer3.3yrsno datano data
Michiel Klinkers
Vice President of Investor Relationsno datano datano data
Henri de Peyrelongue
Executive Vice President of Marketing1.8yrsno datano data
Jean-Christophe Lalanne
Executive Vice President of Information Technologyno datano datano data
Henri Hourcade
Senior Vice President of Caribbean & Indian Ocean8.3yrsno datano data
Anne Brachet
Executive Vice President of Engineering & Maintenance8yrsno datano data
Anne Rigail
Chief Executive Officer of Air France5.8yrsno datano data
Adriaan den Heijer
Executive Vice President of Cargo4.8yrsno datano data
Oltion Carkaxhija
Executive Vice President of Strategy & Transformation4.1yrsno datano data
Marjan E. Rintel
CEO & President of KLM2.3yrsno datano data
Pierre-Olivier Bandet
Executive Vice President of Information Systems1.8yrsno datano data

4.5yrs

Average Tenure

55yo

Average Age

Experienced Management: AF's management team is considered experienced (4.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Benjamin Smith
CEO & Director5.9yrs€4.17m0.017%
€ 319.0k
Isabelle Bouillot
Independent Director11.5yrs€56.50k0.000040%
€ 773.0
Alain Bellemare
Representative Director3.8yrs€51.00kno data
Alexander Wynaendts
Independent Director8.5yrs€57.23k0.000040%
€ 773.0
Leni Maria Boerner
Independent Director7.5yrs€60.00k0.00061%
€ 11.8k
Anne-Marie Idrac
Independent Director7yrs€40.68k0.000040%
€ 773.0
Anne-Marie Couderc
Independent Non-Executive Chairwoman8.5yrs€215.98k0.00015%
€ 2.9k
Cees ´t Hart
Director5.5yrs€35.64k0.00013%
€ 2.5k
Jian Wang
Director5.3yrs€46.71k0.00030%
€ 5.8k
Florence Parly
Independent Directorless than a yearno datano data
Dirk van den Berg
Director4.5yrs€52.00k0.00015%
€ 2.9k
Gwenaelle Avice-Huet
Independent Director3.5yrs€54.76k0.00013%
€ 2.5k

5.7yrs

Average Tenure

63.5yo

Average Age

Experienced Board: AF's board of directors are considered experienced (5.7 years average tenure).