NN Group N.V.

ENXTAM:NN Stock Report

Market Cap: €11.3b

NN Group Management

Management criteria checks 4/4

NN Group's CEO is David Knibbe, appointed in Jul 2014, has a tenure of 10.42 years. total yearly compensation is €2.90M, comprised of 66.7% salary and 33.3% bonuses, including company stock and options. directly owns 0.023% of the company’s shares, worth €2.55M. The average tenure of the management team and the board of directors is 5.4 years and 3.6 years respectively.

Key information

David Knibbe

Chief executive officer

€2.9m

Total compensation

CEO salary percentage66.7%
CEO tenure10.4yrs
CEO ownership0.02%
Management average tenure5.4yrs
Board average tenure3.6yrs

Recent management updates

Recent updates

Market Still Lacking Some Conviction On NN Group N.V. (AMS:NN)

Sep 24
Market Still Lacking Some Conviction On NN Group N.V. (AMS:NN)

Cautious Investors Not Rewarding NN Group N.V.'s (AMS:NN) Performance Completely

Jun 05
Cautious Investors Not Rewarding NN Group N.V.'s (AMS:NN) Performance Completely

Subdued Growth No Barrier To NN Group N.V.'s (AMS:NN) Price

Dec 23
Subdued Growth No Barrier To NN Group N.V.'s (AMS:NN) Price

CEO Compensation Analysis

How has David Knibbe's remuneration changed compared to NN Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

€1b

Mar 31 2024n/an/a

€1b

Dec 31 2023€3m€2m

€1b

Sep 30 2023n/an/a

€771m

Jun 30 2023n/an/a

€421m

Mar 31 2023n/an/a

€454m

Dec 31 2022€3m€2m

€487m

Sep 30 2022n/an/a

€1b

Jun 30 2022n/an/a

€2b

Mar 31 2022n/an/a

€3b

Dec 31 2021€3m€2m

€3b

Sep 30 2021n/an/a

€3b

Jun 30 2021n/an/a

€2b

Mar 31 2021n/an/a

€2b

Dec 31 2020€3m€2m

€2b

Sep 30 2020n/an/a

€2b

Jun 30 2020n/an/a

€1b

Mar 31 2020n/an/a

€2b

Dec 31 2019€2m€444k

€2b

Compensation vs Market: David's total compensation ($USD3.03M) is about average for companies of similar size in the Dutch market ($USD4.29M).

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

CEO

David Knibbe (53 yo)

10.4yrs

Tenure

€2,902,000

Compensation

Dr. David E. Knibbe has been Chairman of the Executive Board at NN Group NV since October 1, 2019. And served as its Chief Executive Officer since October 1, 2019 until Npvember 2019. Dr. Knibbe was Chief...

Leadership Team

NamePositionTenureCompensationOwnership
David Knibbe
Chairman of Executive Board & CEO10.4yrs€2.90m0.023%
€ 2.6m
Annemiek T. van Melick
Vice-Chairman of the Management Board & CFO2.5yrs€1.93m0.0039%
€ 441.0k
Tjeerd Bosklopper
CEO of Netherlands Non-life6.3yrsno datano data
Dailah Nihot
Chief People6.3yrsno datano data
Janet Stuijt
General Counsel13.9yrsno datano data
Leon van Riet
CEO of Netherlands Life & Pensions and Member of the Management Board4.5yrsno datano data
Frank Eijsink
CEO International Insurance & Member of Management Board1.3yrsno datano data
Wilbert Ouburg
Chief Risk Officer & Member of Management Boardless than a yearno datano data
Jelmer Lantinga
Head of Investor Relationsno datano datano data
Martijn Hoogeweegen
Head of NN Life & Pension Servicesno datano datano data
Maurice Koopman
Chief Executive Officer of NN Non-Lifeno datano datano data
Geraldine Bakker-Grier
Investor Relations Officerno datano datano data

5.4yrs

Average Tenure

51yo

Average Age

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

Board Members

NamePositionTenureCompensationOwnership
David Cole
Independent Chair of the Supervisory Board5.9yrs€152.71kno data
Inga Beale
Independent Member of Supervisory Board3.6yrs€106.25kno data
Robert Jenkins
Independent Supervisory Board Member8.8yrs€106.25kno data
J. Timmermans
Member of Supervisory Boardless than a yearno datano data
Cecilia G. Leuzinger
Independent Member of Supervisory Board3.6yrs€116.25kno data
Rob Lelieveld
Independent Member of Supervisory Board3.3yrs€123.54kno data
Pauline F.M. Van Der Mohr
Vice-Chair of Supervisory Board1.9yrs€113.54kno data

3.6yrs

Average Tenure

64yo

Average Age

Experienced Board: NN's board of directors are considered experienced (3.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 07:59
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

NN Group N.V. is covered by 29 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Cor KluisABN AMRO Bank N.V.
Bassem NeiferAlphaValue
Claudia GaspariBarclays