ING Groep Management

Management criteria checks 4/4

ING Groep's CEO is Steven J. van Rijswijk, appointed in May 2017, has a tenure of 7.58 years. total yearly compensation is €2.61M, comprised of 68.2% salary and 31.8% bonuses, including company stock and options. directly owns 0.003% of the company’s shares, worth €1.50M. The average tenure of the management team and the board of directors is 3.7 years and 4.7 years respectively.

Key information

Steven J. van Rijswijk

Chief executive officer

€2.6m

Total compensation

CEO salary percentage68.2%
CEO tenure7.6yrs
CEO ownership0.003%
Management average tenure3.7yrs
Board average tenure4.7yrs

Recent management updates

We Think Shareholders Will Probably Be Generous With ING Groep N.V.'s (AMS:INGA) CEO Compensation

Apr 16
We Think Shareholders Will Probably Be Generous With ING Groep N.V.'s (AMS:INGA) CEO Compensation

Recent updates

We Think Shareholders Will Probably Be Generous With ING Groep N.V.'s (AMS:INGA) CEO Compensation

Apr 16
We Think Shareholders Will Probably Be Generous With ING Groep N.V.'s (AMS:INGA) CEO Compensation

ING Groep's (AMS:INGA) Upcoming Dividend Will Be Larger Than Last Year's

Mar 07
ING Groep's (AMS:INGA) Upcoming Dividend Will Be Larger Than Last Year's

ING Groep (AMS:INGA) Is Increasing Its Dividend To €0.756

Feb 06
ING Groep (AMS:INGA) Is Increasing Its Dividend To €0.756

CEO Compensation Analysis

How has Steven J. van Rijswijk's remuneration changed compared to ING Groep's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

€4b

Jun 30 2024n/an/a

€5b

Mar 31 2024n/an/a

€4b

Dec 31 2023€3m€2m

€4b

Sep 30 2023n/an/a

€15b

Jun 30 2023n/an/a

€8b

Mar 31 2023n/an/a

€13b

Dec 31 2022€3m€2m

€12b

Sep 30 2022n/an/a

€11b

Jun 30 2022n/an/a

€11b

Mar 31 2022n/an/a

€4b

Dec 31 2021€3m€2m

€6b

Sep 30 2021n/an/a

€5b

Jun 30 2021n/an/a

€4b

Mar 31 2021n/an/a

€3b

Dec 31 2020€2m€1m

€2b

Sep 30 2020n/an/a

€2b

Jun 30 2020n/an/a

€4b

Mar 31 2020n/an/a

€3b

Dec 31 2019€2m€1m

€5b

Sep 30 2019n/an/a

€5b

Jun 30 2019n/an/a

€4b

Mar 31 2019n/an/a

€5b

Dec 31 2018€2m€1m

€5b

Sep 30 2018n/an/a

€4b

Jun 30 2018n/an/a

€6b

Mar 31 2018n/an/a

€5b

Dec 31 2017€1m€781k

€5b

Compensation vs Market: Steven J.'s total compensation ($USD2.74M) is below average for companies of similar size in the Dutch market ($USD4.33M).

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


CEO

Steven J. van Rijswijk (54 yo)

7.6yrs

Tenure

€2,605,300

Compensation

Mr. Steven J. A. van Rijswijk serves as the Chief Executive Officer and Chairman of the Managing Board Banking at ING Bank NV since July 1, 2020. He served as Chief Risk Officer of ING Bank N.V. since Augu...


Leadership Team

NamePositionTenureCompensationOwnership
Steven J. van Rijswijk
CEO and Chairman of the Executive Board & Management Board Banking7.6yrs€2.61m0.0033%
€ 1.5m
Tanate Phutrakul
CFO and Member of the Executive Board & Management Board Banking5.8yrs€1.83m0.0011%
€ 489.6k
Ljiljana Cortan
CRO, Member of the Executive Board & Management Board Bankingless than a year€1.94m0.00056%
€ 258.7k
Pinar Abay
Head of Retail4.9yrsno datano data
Andrew John Milton Bester
Head of Wholesale Banking & Management Board Banking3.7yrsno datano data
Marnix van Stiphout
COO & Member of Management Board Banking3.3yrsno datano data
Daniele Tonella
CTO & Management Board Memberless than a yearno datano data
Erwin H. Olijslager
Principal Accounting Officerno datano datano data
Han-Tsung Ho
Executive Directorno datano datano data
Rob Veldhuizen
Head of Corporate Finance Beneluxno datano datano data
Sjoerd Miltenburg
Head of Investor Relations1.2yrsno datano data
Vroukje Van Oosten Slingeland
General Counsel & MD5.4yrsno datano data

3.7yrs

Average Tenure

54yo

Average Age

Experienced Management: INGA's management team is considered experienced (3.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Alun Michael Rees
Independent Vice Chairman of the Supervisory Board5.7yrs€151.00kno data
Lodewijk J. van den Bergh
Independent Member of the Supervisory Board3.7yrs€108.00kno data
Juan Calafat
Independent Member of the Supervisory Board4.2yrs€123.00kno data
Hendrika W. P. M. Verhagen
Independent Member of the Supervisory Board5.2yrs€108.00kno data
Margarete Haase
Independent Member of the Supervisory Board6.6yrs€118.00kno data
Karl Guha
Supervisory Board Chairman1.7yrs€130.00kno data
Alexandra Reich
Supervisory Board Member1.7yrs€78.00kno data
Herman A. Hulst
Independent Member of the Supervisory Board4.7yrs€108.00k0.00012%
€ 55.4k
Harold H. J. Naus
Independent Member of the Supervisory Board4.7yrs€98.00k0.000050%
€ 23.1k

4.7yrs

Average Tenure

61yo

Average Age

Experienced Board: INGA's board of directors are considered experienced (4.7 years average tenure).