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 7.5 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 $1.56M. The average tenure of the management team and the board of directors is 3.6 years and 4.6 years respectively.
Key information
Steven J. van Rijswijk
Chief executive officer
€2.6m
Total compensation
| CEO salary percentage | 68.2% |
| CEO tenure | 7.5yrs |
| CEO ownership | 0.003% |
| Management average tenure | 3.6yrs |
| Board average tenure | 4.6yrs |
Recent management updates
Recent updates
ING Groep: Mixed Q3 But Welcome Progress On Capital Returns
Oct 31ING Groep: There Are Better Income Alternatives In The European Banking Sector
Aug 21With Rate Cycle Benefits In The Rearview Mirror, Further Progress At ING Groep Will Be Harder
Jul 15ING Groep: Strong Capital Returns Ahead
May 03ING: Still Too Cheap Despite Disappointing Results
Feb 02ING Groep: Options Can Boost Your Returns As The ECB Is Set To Cut Rates
Jan 24ING Groep: A European Dividend Standout, Buying Back Stock
Dec 24Dutch Bank ING Groep Roars With Strong Buy Rating And 5.4% Dividend Yield
Nov 21ING Groep: The Market Is Skeptical Of Its Earnings Power
Sep 01ING Groep Is Another Buy Opportunity
Jun 22ING Groep: High-Dividend Yield Stock For Income Investors
May 26ING Group reports Q4 results
Feb 02ING Group goes ex dividend tomorrow
Jan 12ING Groep: Low Valuation, Decent Growth, Solid Yield, And A Bullish Chart.
Dec 22ING Group reports Q3 results
Nov 03CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | €4b |
| Jun 30 2024 | n/a | n/a | €5b |
| Mar 31 2024 | n/a | n/a | €4b |
| Dec 31 2023 | €3m | €2m | €4b |
| Sep 30 2023 | n/a | n/a | €15b |
| Jun 30 2023 | n/a | n/a | €8b |
| Mar 31 2023 | n/a | n/a | €13b |
| Dec 31 2022 | €3m | €2m | €12b |
| Sep 30 2022 | n/a | n/a | €11b |
| Jun 30 2022 | n/a | n/a | €11b |
| Mar 31 2022 | n/a | n/a | €4b |
| Dec 31 2021 | €3m | €2m | €6b |
| Sep 30 2021 | n/a | n/a | €5b |
| Jun 30 2021 | n/a | n/a | €4b |
| Mar 31 2021 | n/a | n/a | €3b |
| Dec 31 2020 | €2m | €1m | €2b |
| Sep 30 2020 | n/a | n/a | €2b |
| Jun 30 2020 | n/a | n/a | €4b |
| Mar 31 2020 | n/a | n/a | €3b |
| Dec 31 2019 | €2m | €1m | €5b |
| Sep 30 2019 | n/a | n/a | €5b |
| Jun 30 2019 | n/a | n/a | €4b |
| Mar 31 2019 | n/a | n/a | €5b |
| Dec 31 2018 | €2m | €1m | €5b |
| Sep 30 2018 | n/a | n/a | €4b |
| Jun 30 2018 | n/a | n/a | €6b |
| Mar 31 2018 | n/a | n/a | €5b |
| Dec 31 2017 | €1m | €781k | €5b |
Compensation vs Market: Steven J.'s total compensation ($USD2.75M) is below average for companies of similar size in the US market ($USD12.64M).
Compensation vs Earnings: Steven J.'s compensation has been consistent with company performance over the past year.
CEO
Steven J. van Rijswijk (54 yo)
7.5yrs
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO and Chairman of the Executive Board & Management Board Banking | 7.5yrs | €2.61m | 0.0032% $ 1.6m | |
| CFO and Member of the Executive Board & Management Board Banking | 5.8yrs | €1.83m | 0.0010% $ 504.9k | |
| CRO, Member of the Executive Board & Management Board Banking | less than a year | €1.94m | 0.00056% $ 269.3k | |
| Head of Retail | 4.8yrs | no data | no data | |
| Head of Wholesale Banking & Management Board Banking | 3.6yrs | no data | no data | |
| COO, Chief Transformation Officer & Member of Management Board Banking | 3.2yrs | no data | no data | |
| CTO & Management Board Member | less than a year | no data | no data | |
| Principal Accounting Officer | no data | no data | no data | |
| Executive Director | no data | no data | no data | |
| Head of Corporate Finance Benelux | no data | no data | no data | |
| Head of Investor Relations | 1.1yrs | no data | no data | |
| General Counsel & MD | 5.3yrs | no data | no data |
3.6yrs
Average Tenure
54yo
Average Age
Experienced Management: ING's management team is considered experienced (3.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Vice Chairman of the Supervisory Board | 5.6yrs | €151.00k | no data | |
| Independent Member of the Supervisory Board | 3.6yrs | €108.00k | no data | |
| Independent Member of the Supervisory Board | 4.1yrs | €123.00k | no data | |
| Independent Member of the Supervisory Board | 5.1yrs | €108.00k | no data | |
| Independent Member of the Supervisory Board | 6.5yrs | €118.00k | no data | |
| Supervisory Board Chairman | 1.6yrs | €130.00k | no data | |
| Supervisory Board Member | 1.6yrs | €78.00k | no data | |
| Independent Member of the Supervisory Board | 4.6yrs | €108.00k | 0.00012% $ 57.7k | |
| Independent Member of the Supervisory Board | 4.6yrs | €98.00k | 0.000050% $ 24.0k |
4.6yrs
Average Tenure
61yo
Average Age
Experienced Board: ING's board of directors are considered experienced (4.6 years average tenure).