Kinnevik Management

Management criteria checks 3/4

Kinnevik's CEO is Georgi Ganev, appointed in Jan 2018, has a tenure of 6.33 years. total yearly compensation is SEK22.39M, comprised of 35.7% salary and 64.3% bonuses, including company stock and options. directly owns 0.13% of the company’s shares, worth SEK42.67M. The average tenure of the management team and the board of directors is 3.3 years and 4 years respectively.

Key information

Georgi Ganev

Chief executive officer

kr22.4m

Total compensation

CEO salary percentage	35.7%
CEO tenure	6.3yrs
CEO ownership	0.1%
Management average tenure	3.3yrs
Board average tenure	4yrs

Recent management updates

Recent updates

What Kind Of Shareholders Hold The Majority In Kinnevik AB's (STO:KINV B) Shares?

Mar 11

What Kind Of Investors Own Most Of Kinnevik AB (STO:KINV B)?

Dec 11

CEO Compensation Analysis

How has Georgi Ganev's remuneration changed compared to Kinnevik's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	-kr8b
Dec 31 2023	n/a	n/a	-kr5b
Sep 30 2023	n/a	n/a	-kr7b
Jun 30 2023	n/a	n/a	-kr7b
Mar 31 2023	n/a	n/a	-kr12b
Dec 31 2022	kr22m	kr8m	-kr20b
Sep 30 2022	n/a	n/a	-kr18b
Jun 30 2022	n/a	n/a	-kr15b
Mar 31 2022	n/a	n/a	kr4b
Dec 31 2021	kr26m	kr8m	kr15b

Compensation vs Market: Georgi's total compensation ($USD2.07M) is above average for companies of similar size in the Swedish market ($USD976.01K).

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

CEO

Georgi Ganev (47 yo)

6.3yrs

Tenure

kr22,393,000

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
Georgi Ganev	Chief Executive Officer	6.3yrs	kr22.39m	0.13% SEK 42.7m
Samuel Sjostrom	Chief Financial Officer	1.5yrs	no data	no data
Tatiana Shalalvand	Investment Director	2.3yrs	no data	no data
Mattias Andersson	General Counsel & Company Secretary	7.6yrs	no data	no data
Torun Litzen	Director of Corporate Communications	17.3yrs	no data	no data
Anna Stenberg	Chief People & Platform Officer	4yrs	no data	no data
Mathew Joseph	Sustainability Director	3.5yrs	no data	no data
Akhil Chainwala	Investment Director and Venture & Growth Investor	3.3yrs	no data	no data
Magnus Jakobson	Capital Markets Director	1.3yrs	no data	no data
Andreas Bernstrom	Senior Investment Director	3.3yrs	no data	no data
Natalie Tydeman	Senior Investment Director	3.3yrs	no data	0.0075% SEK 2.5m
Christian Scherrer	Investment Director	no data	no data	no data

3.3yrs

Average Tenure

47yo

Average Age

Experienced Management: KINV B's management team is considered experienced (3.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Harald Mix	Independent Director	3.1yrs	kr875.00k	0.080% SEK 27.0m
Susanna Campbell	Independent Director	5yrs	kr1.08m	0.0014% SEK 478.6k
Charlotte Stromberg	Independent Director	6yrs	kr1.11m	0.0021% SEK 721.3k
James Anderson	Independent Chairman of the Board	3.1yrs	kr2.56m	0.20% SEK 66.0m
Cecilia Qvist	Independent Director	4yrs	kr935.00k	0.0014% SEK 478.6k

4.0yrs

Average Tenure

63yo

Average Age

Experienced Board: KINV B's board of directors are considered experienced (4 years average tenure).

Kinnevik Management

Management criteria checks 3/4

Key information

Recent management updates

Insufficient new directors

Independent Director recently bought kr19m worth of stock

Senior Investment Director recently bought kr125k worth of stock

Independent Chairman of the Board recently bought kr30m worth of stock

Kinnevik AB, Annual General Meeting, May 08, 2023

Kinnevik AB Announces Executive Changes

Recent updates

Insufficient new directors

Kinnevik AB Proposes Extraordinary Cash Distribution

Kinnevik AB(OM:KINV B) dropped from FTSE All-World Index (USD)

NJJ Holding SAS and iliad S.A. entered into a binding agreement to acquire 17.5% stake in Tele2 AB (publ) (OM:TEL2 B) from Kinnevik AB (OM:KINV B) for approximately SEK 13 billion.

Independent Director recently bought kr19m worth of stock

Price target decreased by 16% to kr144

Kinnevik AB to Report First Half, 2024 Results on Jul 09, 2024

Kinnevik AB to Report Q1, 2024 Results on Apr 18, 2024

Senior Investment Director recently bought kr125k worth of stock

Independent Chairman of the Board recently bought kr30m worth of stock

Price target decreased to kr175

Price target decreased to kr175

Kinnevik AB, Annual General Meeting, May 08, 2023

Kinnevik AB to Report Q3, 2023 Results on Oct 18, 2023

Kinnevik AB Announces Executive Changes

Kinnevik AB(OM:KINV A) dropped from FTSE All-World Index (USD)

Independent Director recently bought kr661k worth of stock

Price target decreased to kr213

Investor sentiment deteriorated over the past week

Consensus forecasts updated

Kinnevik AB has completed a Follow-on Equity Offering in the amount of SEK 6.1 billion.

Chief Executive Officer recently bought kr1.1m worth of stock

High number of new and inexperienced directors

Kinnevik AB (OM:KINV B) commences an Equity Buyback Plan for its own shares, under the authorization granted on April 29, 2021.

Price target decreased to kr257

Price target decreased to kr294

Chief Executive Officer recently bought kr4.1m worth of stock

Price target decreased to kr325

Consensus forecasts updated

Raisin GmbH acquired Deposit Solutions GmbH from a group of sellers in a merger of equals transaction.

Kinnevik Ordinary Shares to Be Deleted from Other OTC

Kinnevik AB(OM:KINV IL A) dropped from FTSE All-World Index (USD)

Price target decreased to kr345

Price target decreased to kr417

Price target decreased to kr417

Independent Deputy Chairman Henrik Poulsen has left the company

Independent Chairman of the Board Amelia Fawcett has left the company

Independent Director has left the company

Kinnevik AB (publ) Announces Board Changes

What Kind Of Shareholders Hold The Majority In Kinnevik AB's (STO:KINV B) Shares?

New 90-day low: kr386

Analysts update estimates

Revenue and earnings beat expectations

Kinnevik AB Announces the Resignation of Chris Bischoff as Senior Investment Director

New 90-day high: kr439

Kinnevik’s Deputy Chairman Henrik Poulsen Will Not Be Available for Re-Election

Kinnevik AB to Report Q4, 2020 Results on Feb 04, 2021

New 90-day high: kr434

What Kind Of Investors Own Most Of Kinnevik AB (STO:KINV B)?

Alliance Data Systems Corporation (NYSE:ADS) completed the acquisition of Lon Operations LLC.

Natalie Tydeman Joins Kinnevik as Senior Investment Director

New 90-day high: kr426

Kinnevik Ab's Ordinary Shares to Be Deleted from Other OTC

Price target raised to kr406

Kinnevik AB (Publ) Announces Dame Amelia Fawcett, Chairman Do Not Stand for Re-Election At Annual General Meeting in 2021

New 90-day high: kr384

Alliance Data Systems Corporation (NYSE:ADS) entered into a definitive agreement to acquire Lon Operations LLC for transaction valuation of $450 million.

Analysts update estimates

Analysts update estimates

New 90-day high: kr380

Price target raised to kr366

Teladoc Health, Inc. (NYSE:TDOC) entered into a definitive merger agreement to acquire Livongo Health, Inc. (NasdaqGS:LVGO) from Kinnevik AB (OM:KINV B), General Catalyst Partners and others for $15.9 billion.

Kinnevik AB to Report Q3, 2020 Results on Oct 15, 2020

Kinnevik AB completed the acquisition of the 53.2% stake it does not already own in Goodguy Svenska AB.

New 90-day high: kr350

Price target lowered to kr281

Kinnevik Ordinary Shares to Be Deleted from Other OTC

CEO Compensation Analysis

CEO