Kinnevik Management
Management criteria checks 4/4
Kinnevik's CEO is Georgi Ganev, appointed in Jan 2018, has a tenure of 5.67 years. total yearly compensation is SEK22.39M, comprised of 35.7% salary and 64.3% bonuses, including company stock and options. directly owns 0.13% of the company’s shares, worth SEK42.49M. The average tenure of the management team and the board of directors is 2.8 years and 3.3 years respectively.
Key information
Georgi Ganev
Chief executive officer
SEK 22.4m
Total compensation
| CEO salary percentage | 35.7% |
| CEO tenure | 5.7yrs |
| CEO ownership | 0.1% |
| Management average tenure | 2.8yrs |
| Board average tenure | 3.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2023 | n/a | n/a | -SEK 7b |
| Mar 31 2023 | n/a | n/a | -SEK 12b |
| Dec 31 2022 | SEK 22m | SEK 8m | -SEK 20b |
| Sep 30 2022 | n/a | n/a | -SEK 18b |
| Jun 30 2022 | n/a | n/a | -SEK 15b |
| Mar 31 2022 | n/a | n/a | SEK 4b |
| Dec 31 2021 | SEK 26m | SEK 8m | SEK 15b |
Compensation vs Market: Georgi's total compensation ($USD2.01M) is about average for companies of similar size in the UK market ($USD2.46M).
Compensation vs Earnings: Georgi's compensation has been consistent with company performance over the past year.
CEO
Georgi Ganev (47 yo)
5.7yrs
Tenure
SEK 22,393,000
Compensation
Mr. Georgi Ganev has been Supervisory Board Vice Chairman at Global Fashion Group S.A. since June 17, 2019. He serves as Chief Executive Officer at Kinnevik AB since January 1, 2018. He served as Director...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 5.7yrs | SEK 22.39m | 0.13% SEK 42.5m | |
| Chief Financial Officer | less than a year | no data | no data | |
| Investment Director | 1.7yrs | no data | no data | |
| General Counsel & Company Secretary | 6.9yrs | no data | no data | |
| Director of Corporate Communications | 16.7yrs | no data | no data | |
| Chief People & Platform Officer | 3.3yrs | no data | no data | |
| Sustainability Director | 2.8yrs | no data | no data | |
| Investment Director and Venture & Growth Investor | 2.7yrs | no data | no data | |
| Senior Investment Director | 2.7yrs | no data | no data | |
| Senior Investment Director | 2.6yrs | no data | 0.0065% SEK 2.1m | |
| Investment Director | 3.3yrs | no data | no data | |
| Investment Director | no data | no data | no data |
2.8yrs
Average Tenure
47yo
Average Age
Experienced Management: KINVAS's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 2.4yrs | SEK 840.00k | 0.0089% SEK 2.9m | |
| Independent Director | 4.3yrs | SEK 1.03m | 0.0014% SEK 461.4k | |
| Independent Director | 5.3yrs | SEK 1.07m | 0.0021% SEK 692.1k | |
| Independent Chairman of the Board | 2.4yrs | SEK 2.71m | 0.20% SEK 63.4m | |
| Independent Director | 3.3yrs | SEK 905.00k | 0.0014% SEK 461.4k |
3.3yrs
Average Tenure
63yo
Average Age
Experienced Board: KINVAS's board of directors are considered experienced (3.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/09/23 08:19 |
| End of Day Share Price | 2023/06/26 00:00 |
| Earnings | 2023/06/30 |
| Annual Earnings | 2022/12/31 |
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 |
|
* 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Kinnevik AB is covered by 15 analysts. 1 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 |
|---|---|
| Adonis Catic | ABG Sundal Collier |
| Pierre-Yves Gauthier | AlphaValue |
| Philip Middleton | BofA Global Research |