KBC Group Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Johan Thijs

Chief executive officer

€3.6m

Total compensation

CEO salary percentage	53.1%
CEO tenure	12yrs
CEO ownership	n/a
Management average tenure	3yrs
Board average tenure	12yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Johan Thijs's remuneration changed compared to KBC Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	€4m	€2m	€3b
Sep 30 2023	n/a	n/a	€3b
Jun 30 2023	n/a	n/a	€3b
Mar 31 2023	n/a	n/a	€3b
Dec 31 2022	€3m	€2m	€3b
Sep 30 2022	n/a	n/a	€3b
Jun 30 2022	n/a	n/a	€3b
Mar 31 2022	n/a	n/a	€2b
Dec 31 2021	€2m	€1m	€3b
Sep 30 2021	n/a	n/a	€2b
Jun 30 2021	n/a	n/a	€3b
Mar 31 2021	n/a	n/a	€2b
Dec 31 2020	€2m	€1m	€1b
Sep 30 2020	n/a	n/a	€2b
Jun 30 2020	n/a	n/a	€1b
Mar 31 2020	n/a	n/a	€2b
Dec 31 2019	€2m	€1m	€2b
Sep 30 2019	n/a	n/a	€2b
Jun 30 2019	n/a	n/a	€2b
Mar 31 2019	n/a	n/a	€2b
Dec 31 2018	€2m	€1m	€2b
Sep 30 2018	n/a	n/a	€2b
Jun 30 2018	n/a	n/a	€2b
Mar 31 2018	n/a	n/a	€2b
Dec 31 2017	€2m	€1m	€3b

Compensation vs Market: Johan's total compensation ($USD3.87M) is below average for companies of similar size in the UK market ($USD5.62M).

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

CEO

Johan Thijs (58 yo)

12yrs

Tenure

€3,620,237

Compensation

Mr. Johan Thijs has been Group Chief Executive Officer and Executive Director of KBC Group NV and KBC Bank NV since May 3, 2012 and September 1, 2009 respectively and serves as it's Managing Director. He s...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Johan Thijs	Group CEO	12yrs	€3.62m	no data
Roger Popelier	CFO & Executive Director	3yrs	€1.79m	no data
Christine Van Rijsseghem	Chief Risk Officer & Executive Director	10yrs	€1.78m	no data
Erik Marcel Luts	Chief Innovation Officer	7yrs	€1.79m	no data
Peter Andronov	Chief Executive Officer of International Markets Business Unit	3yrs	€1.72m	no data
David Moucheron	Chief Executive Officer of Belgium Business Unit	3yrs	€1.78m	no data
Ales Blazek	Chief Executive Officer of Czech Republic Business Unit	2yrs	€1.20m	no data
Kurt De Baenst	General Manager of Investor Relations Office	no data	no data	no data
Viviane Huybrecht	General Manager of Corporate & Internal Communication	no data	no data	no data
Johan Thiers	Chief Financial Officer of Kbc Belgium B.U.	no data	no data	no data
Filip Ferrante	Senior General Manager of Corporate Sustainability	no data	no data	no data
Frank Teo Gilbert Jansen	Chief Executive - Irish Unit	2yrs	no data	no data

3.0yrs

Average Tenure

58.5yo

Average Age

Experienced Management: 0EYG's management team is considered experienced (3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Johan Thijs	Group CEO	14.7yrs	€3.62m	no data
Roger Popelier	CFO & Executive Director	3yrs	€1.79m	no data
Christine Van Rijsseghem	Chief Risk Officer & Executive Director	10yrs	€1.78m	no data
Koenraad Debackere	Independent Chairman of the Board	5yrs	€300.00k	no data
Philippe Vlerick	Deputy Chairman of the Board	no data	€125.00k	0.065% € 18.2m
Theodoros Roussis	Non-Executive Director	27.3yrs	€95.00k	no data
Frank Donck	Non-Executive Director	21.1yrs	€120.00k	no data
Franky Depickere	Non-Executive Director	17.7yrs	€266.25k	no data
Sonja De Becker	Non-Executive Director	8yrs	€100.00k	no data
Alain Bostoen	Non-Executive Director	14.1yrs	€95.00k	no data
Marc De Ceuster	Non-Executive Director	less than a year	€125.42k	no data
Vladimira Papirnik	Independent Director	12yrs	€152.50k	no data

12.0yrs

Average Tenure

61yo

Average Age

Experienced Board: 0EYG's board of directors are seasoned and experienced ( 12 years average tenure).

KBC Group Management

Management criteria checks 4/4

Key information

Recent management updates

KBC Group NV Announces Appointment of Frank Jansen as Chief Executive

KBC Group NV Announces Resignation of Rik Scheerlinck as Group CFO

KBC Group NV, KBC Bank NV and KBC Insurance NV Announces Executive Changes

Recent updates

Full year 2023 earnings released: EPS: €8.04 (vs €6.64 in FY 2022)

Final dividend of €2.21 announced

Full year 2023 earnings released: EPS: €8.04 (vs €6.46 in FY 2022)

KBC Group NV to Pay Interim Dividend, Payable on 15 November 2023

Third quarter 2023 earnings released: EPS: €2.07 (vs €1.77 in 3Q 2022)

Upcoming dividend of €0.70 per share at 7.4% yield

New major risk - Revenue and earnings growth

KBC Group NV to Report Q4, 2024 Results on Feb 13, 2025

KBC Group NV (ENXTBR:KBC) commences an Equity Buyback Plan for 41,688,359 shares, representing 10% of its issued share capital, under the authorization approved on May 5, 2022.

Second quarter 2023 earnings released: EPS: €2.29 (vs €1.93 in 2Q 2022)

KBC Group NV Announces Interim Dividend

KBC Group NV (ENXTBR:KBC) agreed to acquire 50% stake in Digital & Legal s.r.o. o

KBC Group NV to Report Q3, 2023 Results on Nov 09, 2023

First quarter 2023 earnings released: EPS: €2.08 (vs €1.05 in 1Q 2022)

KBC Group NV Decides for the Financial Year Ending on 31 December 2022, Payable on 11 May 2023

Upcoming dividend of €2.10 per share at 6.2% yield

Full year 2022 earnings released: EPS: €6.46 (vs €6.15 in FY 2021)

Full year 2022 earnings released: EPS: €6.75 (vs €6.15 in FY 2021)

Now 20% undervalued

Now 21% undervalued

KBC Group NV to Report Q2, 2023 Results on Aug 10, 2023

KBC Group NV to Report Q1, 2023 Results on May 16, 2023

KBC Group NV to Report Fiscal Year 2022 Results on Apr 03, 2023

Third quarter 2022 earnings released: EPS: €1.83 (vs €1.44 in 3Q 2021)

Upcoming dividend of €0.70 per share

Second quarter 2022 earnings released: EPS: €1.92 (vs €1.84 in 2Q 2021)

First quarter 2022 earnings released: EPS: €1.07 (vs €1.30 in 1Q 2021)

Investor sentiment deteriorated over the past week

KBC Group NV Announces Appointment of Frank Jansen as Chief Executive

KBC Group Decides to Pay Gross Dividend for the Financial Year Ended on December 31, 2021, Payable on May 12, 2022

Upcoming dividend of €6.70 per share

Full year 2021 earnings released: EPS: €6.15 (vs €3.34 in FY 2020)

Investor sentiment deteriorated over the past week

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

KBC Group NV Proposes Extraordinary Dividend

Now 20% undervalued

Third quarter 2021 earnings released: EPS €1.44 (vs €1.67 in 3Q 2020)

Upcoming dividend of €2.10 per share

Second quarter 2021 earnings released: EPS €1.87 (vs €0.45 in 2Q 2020)

First quarter 2021 earnings released: EPS €1.31 (vs €0.078 loss in 1Q 2020)

CFO & Executive Director has left the company

Upcoming dividend of €0.31 per share

Chief Executive Officer of Belgium Business Unit Daniel Falque has left the company

KBC Group NV Decides to Pay A Gross Dividend for the Financial Year Ending on 31 December 2020, Payable on 19 May 2021

Full year 2020 earnings released: EPS €3.34 (vs €5.85 in FY 2019)

KBC Group NV Announces Resignation of Rik Scheerlinck as Group CFO

Full year 2020 earnings released: EPS €3.34 (vs €5.85 in FY 2019)

KBC Group NV (ENXTBR:KBC) completed the acquisition of 99.44% stake in OTP Banka Slovensko, a.s. (BSSE:1OTP005E) from OTP Bank Nyrt. (BUSE:OTP).

Revenue beats expectations

Third quarter 2020 earnings released: EPS €1.64

New 90-day high: €54.00

Market bids up stock over the past week

Aegon Reportedly Puts Eastern European Arm Up for Sale

New 90-day low: €46.70

KBC Group NV, KBC Bank NV and KBC Insurance NV Announces Executive Changes

New 90-day low - €47.12

First half earnings released

New 90-day high - €54.11

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age