Aegon Management
Management criteria checks 2/4
Aegon's CEO is Lard Friese, appointed in May 2020, has a tenure of 4.58 years. total yearly compensation is €3.91M, comprised of 41.9% salary and 58.1% bonuses, including company stock and options. directly owns 0.005% of the company’s shares, worth €466.58K. The average tenure of the management team and the board of directors is 3.8 years and 4.6 years respectively.
Key information
Lard Friese
Chief executive officer
€3.9m
Total compensation
| CEO salary percentage | 41.9% |
| CEO tenure | 4.6yrs |
| CEO ownership | 0.005% |
| Management average tenure | 3.8yrs |
| Board average tenure | 4.6yrs |
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | -€158m |
| Mar 31 2024 | n/a | n/a | -€184m |
| Dec 31 2023 | €4m | €2m | -€210m |
| Sep 30 2023 | n/a | n/a | €202m |
| Jun 30 2023 | n/a | n/a | €31m |
| Mar 31 2023 | n/a | n/a | €56m |
| Dec 31 2022 | €4m | €2m | €691m |
| Sep 30 2022 | n/a | n/a | €172m |
| Jun 30 2022 | n/a | n/a | €295m |
| Mar 31 2022 | n/a | n/a | €1b |
| Dec 31 2021 | €4m | €1m | €980m |
| Sep 30 2021 | n/a | n/a | €1b |
| Jun 30 2021 | n/a | n/a | €1b |
| Mar 31 2021 | n/a | n/a | -€879m |
| Dec 31 2020 | €2m | €931k | -€670m |
Compensation vs Market: Lard's total compensation ($USD4.07M) is above average for companies of similar size in the Dutch market ($USD2.42M).
Compensation vs Earnings: Lard's compensation has increased whilst the company is unprofitable.
CEO
Lard Friese (62 yo)
4.6yrs
Tenure
€3,909,000
Compensation
Mr. E. Friese, also known as Lard, serves as Director of Transamerica Corporation. He serves as Director at The Geneva Association since June 2022. He serves as Chief Executive Officer and Chairman of the...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, Chairman of Management Board & Executive Director | 4.6yrs | €3.91m | 0.0051% € 466.6k | |
| CFO & Member of Management Board | 4.3yrs | no data | no data | |
| CEO of Aegon International & Member of the Management Board | 16.5yrs | no data | no data | |
| General Counsel | 10.9yrs | no data | no data | |
| CEO of Aegon UK & Member of Management Board | 4.8yrs | no data | no data | |
| Member of the Management Board & CEO of Aegon Americas | 3.8yrs | no data | no data | |
| Chief Human Resources Officer & Member of the Management Board | 3.5yrs | no data | no data | |
| CTO & Member of the Management Board | 2.8yrs | no data | no data | |
| Chief Risk Officer & Member of the Management Board | 2.8yrs | no data | no data | |
| CEO of Aegon Asset Management & Member of Executive Committee | less than a year | no data | no data | |
| Chief Strategy | less than a year | no data | no data | |
| Executive VP | no data | no data | no data |
3.8yrs
Average Tenure
54yo
Average Age
Experienced Management: AGN's management team is considered experienced (3.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, Chairman of Management Board & Executive Director | no data | €3.91m | 0.0051% € 466.6k | |
| Independent Director | 11.6yrs | €165.00k | 0.00082% € 74.7k | |
| Non-Executive Director | less than a year | no data | no data | |
| Independent Director | 4.6yrs | €143.00k | no data | |
| Independent Director | 7.6yrs | €136.00k | no data | |
| Independent Director | 3.5yrs | €149.00k | no data | |
| Independent Chairman | 7.6yrs | €236.00k | no data | |
| Independent Director | 2.6yrs | €148.00k | no data | |
| Board Observer | 4.2yrs | no data | no data | |
| Independent Vice Chairman | 10.6yrs | €145.00k | no data |
4.6yrs
Average Tenure
66yo
Average Age
Experienced Board: AGN's board of directors are considered experienced (4.6 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 10:10 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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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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
Aegon Ltd. is covered by 48 analysts. 8 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 |
|---|---|
| Cor Kluis | ABN AMRO Bank N.V. |
| Maria del Paz Ojeda Fernandez | Ahorro Corporación |
| Andrew Broadfield | Barclays |