Koninklijke KPN Management

Management criteria checks 3/4

Koninklijke KPN's CEO is Joost F. Farwerck, appointed in Apr 2013, has a tenure of 11.58 years. total yearly compensation is €3.04M, comprised of 29.4% salary and 70.6% bonuses, including company stock and options. directly owns 0.049% of the company’s shares, worth €6.93M. The average tenure of the management team and the board of directors is 5.4 years and 1.6 years respectively.

Key information

Joost F. Farwerck

Chief executive officer

€3.0m

Total compensation

CEO salary percentage	29.4%
CEO tenure	11.6yrs
CEO ownership	0.05%
Management average tenure	5.4yrs
Board average tenure	1.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Joost F. Farwerck's remuneration changed compared to Koninklijke KPN's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	€800m
Jun 30 2024	n/a	n/a	€792m
Mar 31 2024	n/a	n/a	€781m
Dec 31 2023	€3m	€893k	€802m
Sep 30 2023	n/a	n/a	€809m
Jun 30 2023	n/a	n/a	€793m
Mar 31 2023	n/a	n/a	€762m
Dec 31 2022	€3m	€879k	€747m
Sep 30 2022	n/a	n/a	€723m
Jun 30 2022	n/a	n/a	€698m
Mar 31 2022	n/a	n/a	€1b
Dec 31 2021	€3m	€875k	€1b
Sep 30 2021	n/a	n/a	€1b
Jun 30 2021	n/a	n/a	€1b
Mar 31 2021	n/a	n/a	€571m
Dec 31 2020	€3m	€875k	€550m
Sep 30 2020	n/a	n/a	€470m
Jun 30 2020	n/a	n/a	€651m
Mar 31 2020	n/a	n/a	€645m
Dec 31 2019	€2m	€688k	€613m
Sep 30 2019	n/a	n/a	€431m
Jun 30 2019	n/a	n/a	€206m
Mar 31 2019	n/a	n/a	€223m
Dec 31 2018	€2m	€625k	€233m
Sep 30 2018	n/a	n/a	€425m
Jun 30 2018	n/a	n/a	€348m
Mar 31 2018	n/a	n/a	€350m
Dec 31 2017	€2m	€611k	€339m

Compensation vs Market: Joost F.'s total compensation ($USD3.16M) is below average for companies of similar size in the UK market ($USD5.66M).

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

CEO

Joost F. Farwerck (59 yo)

11.6yrs

Tenure

€3,036,685

Compensation

Mr. Joost F. E. Farwerck has been the Chairman of Board of Management at Koninklijke KPN N.V. since October 1, 2019 and has been its Chief Executive Officer since 1 December 2019. He has been a Member of B...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Joost F. Farwerck	Chairman of Management Board & CEO	11.6yrs	€3.04m	0.049% € 6.9m
Hans Figee	CFO & Member of Management Board	4.8yrs	€1.83m	0.015% € 2.1m
Wouter Stammeijer	COO & Member of Management Board	1.5yrs	€995.23k	0.0021% € 299.9k
Marieke W. Snoep	Chief Consumer Market & Member of Management Board	4.9yrs	€1.76m	0.015% € 2.1m
Hilde Garssen	Chief People Officer & Member of Management Board	5.9yrs	€1.34m	0.012% € 1.7m
Chantal Vergouw	Chief of Business Market & Member of the Management Board	1.4yrs	€995.22k	0.00083% € 116.8k
Reinout van Ierschot	Head of Investor Relations	4yrs	no data	no data
Jasper Spanbroek	Chief Legal Officer	11.8yrs	no data	no data
Hans Koeleman	Chief Corporate Communications & CSR	no data	no data	no data
Jacob Groote	Executive Vice President of Innovation & Partnerships	8.8yrs	no data	no data
Paolo Nanni	Chief Transformation Officer	no data	no data	no data
Jan Van Osch	Treasury Director	11.8yrs	no data	no data

5.4yrs

Average Tenure

50yo

Average Age

Experienced Management: 0O8F's management team is seasoned and experienced (5.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Gerard J. van de Aast	Independent Chairman of Supervisory Board	3.6yrs	€115.00k	no data
Ben Noteboom	Independent Vice Chairman of the Supervisory Board	1.6yrs	€60.92k	0.0010% € 145.0k
Edzard J. Overbeek	Independent Member of the Supervisory Board	7.2yrs	€68.92k	no data
Frank Heemskerk	Independent Supervisory Board Member	1.6yrs	€51.96k	no data
Herman Hendrik Dijkhuizen	Independent Supervisory Board Member	1.3yrs	€40.00k	no data
Jolande C. Sap	Independent Member of the Supervisory Board	9.6yrs	€80.38k	no data
Kitty Koelemeijer	Independent Member of the Supervisory Board	2.6yrs	€70.71k	no data
Marga de Jager	Independent Supervisory Board Member	1.4yrs	€45.21k	no data
Rob Shuter	Member of Supervisory Board	less than a year	no data	no data

1.6yrs

Average Tenure

61yo

Average Age

Experienced Board: 0O8F's board of directors are not considered experienced ( 1.6 years average tenure), which suggests a new board.

Koninklijke KPN Management

Management criteria checks 3/4

Key information

Recent management updates

Royal KPN N.V. Approves Appointment of Rob Shuter to Supervisory Board

Koninklijke KPN N.V., Annual General Meeting, Apr 17, 2024

Royal KPN N.V. Announces Board Changes

Koninklijke KPN N.V., Annual General Meeting, Apr 14, 2021

KPN Names Reinout van Ierschot as New IR Head

Recent updates

Third quarter 2024 earnings released: EPS: €0.05 (vs €0.05 in 3Q 2023)

Koninklijke KPN N.V. to Report Q4, 2024 Results on Jan 30, 2025

Royal KPN N.V. Approves Appointment of Rob Shuter to Supervisory Board

Second quarter 2024 earnings released: EPS: €0.06 (vs €0.05 in 2Q 2023)

Upcoming dividend of €0.098 per share

Full year 2023 earnings released: EPS: €0.20 (vs €0.18 in FY 2022)

New minor risk - Financial position

Final dividend increased to €0.098

Full year 2023 earnings released

Koninklijke KPN N.V. to Report Q1, 2024 Results on Apr 24, 2024

Koninklijke KPN N.V. to Report Fiscal Year 2023 Results on Jan 31, 2024

Koninklijke KPN N.V. (ENXTAM:KPN) completed the acquisition of Kabeltex B.V.

Koninklijke KPN N.V., Annual General Meeting, Apr 17, 2024

Second quarter 2023 earnings released: EPS: €0.05 (vs €0.05 in 2Q 2022)

Koninklijke KPN N.V. (ENXTAM:KPN) agreed to acquire Dutch activities of Youfone Nederland B.V.

Koninklijke KPN N.V. (ENXTAM:KPN) agreed to acquire Fiber Network from Primevest Capital Partners.

Koninklijke KPN N.V. (ENXTAM:KPN) agreed to acquire Fiber Network from Primevest Capital Partners.

Royal KPN N.V. Announces Board Changes

Upcoming dividend of €0.095 per share at 4.3% yield

Full year 2022 earnings released: EPS: €0.18 (vs €0.30 in FY 2021)

Koninklijke KPN N.V. (ENXTAM:KPN) acquired Itzos BV.

Koninklijke KPN N.V. to Report Fiscal Year 2022 Final Results on Feb 24, 2023

Koninklijke KPN N.V. to Report Q4, 2022 Results on Jan 31, 2023

Second quarter 2022 earnings released: EPS: €0.05 (vs €0.19 in 2Q 2021)

Upcoming dividend of €0.091 per share

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

Third quarter 2021 earnings released: EPS €0.05 (vs €0.03 in 3Q 2020)

Second quarter 2021 earnings released: EPS €0.19 (vs €0.03 in 2Q 2020)

Oasis Data & Document Management Netherlands B.V. acquired Media Transport and Storage Services Division from Koninklijke KPN N.V. (ENXTAM:KPN).

EQT AB (publ) (OM:EQT) and Stonepeak Partners LP cancelled the acquisition of Koninklijke KPN N.V. (ENXTAM:KPN) for €18 billion.

Independent Vice Chairman of Supervisory Board Derk Haank has left the company

Upcoming dividend of €0.087 per share

New 90-day high: €2.94

Full year 2020 earnings released: EPS €0.13 (vs €0.15 in FY 2019)

Revenue misses expectations

Koninklijke KPN N.V. to Report Fiscal Year 2020 Results on Feb 22, 2021

New 90-day high: €2.72

Koninklijke KPN N.V., Annual General Meeting, Apr 14, 2021

Koninklijke KPN N.V. (ENXTAM:KPN) acquired Three fiber optic networks from Delta Rijssen Fiber Optic Investments.

New 90-day high: €2.61

Koninklijke KPN N.V. to Report Q4, 2020 Results on Jan 27, 2021

Market bids up stock over the past week

New 90-day high: €2.47

KPN Renews Core of Mobile Network

EQT Reportedly Considering Takeover of KPN

KPN Names Reinout van Ierschot as New IR Head

New 90-day low: €2.12

TWS B.V. completed the acquisition of Argeweb BV from Koninklijke KPN N.V. (ENXTAM:KPN).

Koninklijke KPN N.V. (ENXTAM:KPN) acquired GiessenlandenNet BV.

New 90-day high - €2.45

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age