Kinnevik Management
Management criteria checks 4/4
Kinnevik's CEO is Georgi Ganev, appointed in Jan 2018, has a tenure of 5.42 years. total yearly compensation is SEK22.39M, comprised of 35.7% salary and 64.3% bonuses, including company stock and options. directly owns 0.11% of the company’s shares, worth MX$77.73M. The average tenure of the management team and the board of directors is 2.6 years and 3.1 years respectively.
Key information
Georgi Ganev
Chief executive officer
SEK 22.4m
Total compensation
| CEO salary percentage | 35.7% |
| CEO tenure | 5.4yrs |
| CEO ownership | 0.1% |
| Management average tenure | 2.6yrs |
| Board average tenure | 3.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2023 | n/a | n/a | -SEK 12b |
| Dec 31 2022 | SEK 22m | SEK 8m | -SEK 20b |
| Sep 30 2022 | n/a | n/a | -SEK 18b |
| Jun 30 2022 | n/a | n/a | -SEK 15b |
| Mar 31 2022 | n/a | n/a | SEK 4b |
| Dec 31 2021 | SEK 26m | SEK 8m | SEK 15b |
Compensation vs Market: Georgi's total compensation ($USD2.07M) is about average for companies of similar size in the MX market ($USD1.61M).
Compensation vs Earnings: Georgi's compensation has been consistent with company performance over the past year.
CEO
Georgi Ganev (47 yo)
5.4yrs
Tenure
SEK 22,393,000
Compensation
Mr. Georgi Ganev has been Supervisory Board Vice Chairman at Global Fashion Group S.A. since June 17, 2019. He serves as Chief Executive Officer at Kinnevik AB since January 1, 2018. He served as Director...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 5.4yrs | SEK 22.39m | 0.11% MX$ 77.7m | |
| Chief Financial Officer | less than a year | no data | no data | |
| Investment Director | 1.4yrs | no data | no data | |
| General Counsel & Company Secretary | 6.7yrs | no data | no data | |
| Director of Corporate Communications | 16.4yrs | no data | no data | |
| Chief People & Platform Officer | 3.1yrs | no data | no data | |
| Investment Director and Venture & Growth Investor | 2.4yrs | no data | no data | |
| Senior Investment Director | 2.4yrs | no data | no data | |
| Senior Investment Director | 2.3yrs | no data | 0.0065% MX$ 4.6m | |
| Sustainability Director | 2.6yrs | no data | no data | |
| Investment Director | 3yrs | no data | no data | |
| Investment Director | no data | no data | no data |
2.6yrs
Average Tenure
47yo
Average Age
Experienced Management: KINVB N's management team is considered experienced (2.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 2.2yrs | SEK 840.00k | 0.0089% MX$ 6.3m | |
| Independent Director | 4.1yrs | SEK 1.03m | 0.0014% MX$ 1.0m | |
| Independent Director | 5.1yrs | SEK 1.07m | 0.0014% MX$ 1.0m | |
| Independent Chairman of the Board | 2.2yrs | SEK 2.71m | 0.20% MX$ 139.0m | |
| Independent Director | 3.1yrs | SEK 905.00k | 0.0014% MX$ 1.0m |
3.1yrs
Average Tenure
63yo
Average Age
Experienced Board: KINVB N's board of directors are considered experienced (3.1 years average tenure).