NN Group Management
Management criteria checks 3/4
NN Group's CEO is David Knibbe, appointed in Jul 2014, has a tenure of 9.75 years. total yearly compensation is €2.90M, comprised of 66.7% salary and 33.3% bonuses, including company stock and options. directly owns 0.021% of the company’s shares, worth $2.74M. The average tenure of the management team and the board of directors is 4.7 years and 2.9 years respectively.
Key information
David Knibbe
Chief executive officer
€2.9m
Total compensation
| CEO salary percentage | 66.7% |
| CEO tenure | 9.8yrs |
| CEO ownership | 0.02% |
| Management average tenure | 4.7yrs |
| Board average tenure | 2.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | €3m | €2m | €1b |
| Sep 30 2023 | n/a | n/a | €771m |
| Jun 30 2023 | n/a | n/a | €351m |
| Mar 31 2023 | n/a | n/a | €384m |
| Dec 31 2022 | €3m | €2m | €487m |
| Sep 30 2022 | n/a | n/a | €1b |
| Jun 30 2022 | n/a | n/a | €2b |
| Mar 31 2022 | n/a | n/a | €3b |
| Dec 31 2021 | €3m | €2m | €3b |
| Sep 30 2021 | n/a | n/a | €3b |
| Jun 30 2021 | n/a | n/a | €2b |
| Mar 31 2021 | n/a | n/a | €2b |
| Dec 31 2020 | €3m | €2m | €2b |
| Sep 30 2020 | n/a | n/a | €2b |
| Jun 30 2020 | n/a | n/a | €1b |
| Mar 31 2020 | n/a | n/a | €2b |
| Dec 31 2019 | €2m | €444k | €2b |
Compensation vs Market: David's total compensation ($USD3.11M) is below average for companies of similar size in the US market ($USD13.52M).
Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.
CEO
David Knibbe (52 yo)
9.8yrs
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of Executive Board & CEO | 9.8yrs | €2.90m | 0.021% € 2.7m | |
| Vice-Chairman of the Management Board & CFO | 1.8yrs | €1.93m | 0.0031% € 401.6k | |
| CEO of Netherlands Non-life | 5.6yrs | no data | no data | |
| Chief People | 5.6yrs | no data | no data | |
| General Counsel | 13.3yrs | no data | no data | |
| Chief Risk Officer & Member of the Management Board | 3.8yrs | no data | no data | |
| CEO of Netherlands Life & Pensions and Member of the Management Board | 3.8yrs | no data | no data | |
| CEO International Insurance & Member of Management Board | less than a year | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Head of NN Life & Pension Services | no data | no data | no data | |
| Chief Executive Officer of NN Non-Life | no data | no data | no data | |
| Investor Relations Officer | no data | no data | no data |
4.7yrs
Average Tenure
52yo
Average Age
Experienced Management: NNGP.F's management team is considered experienced (4.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Chair of the Supervisory Board | 5.3yrs | €152.71k | no data | |
| Independent Member of Supervisory Board | 2.9yrs | €106.25k | no data | |
| Independent Supervisory Board Member | 8.2yrs | €106.25k | no data | |
| Independent Member of Supervisory Board | 2.9yrs | €116.25k | no data | |
| Independent Supervisory Board Member | 9.8yrs | €113.33k | no data | |
| Independent Member of Supervisory Board | 2.6yrs | €123.54k | no data | |
| Vice-Chair of Supervisory Board | 1.3yrs | €113.54k | no data |
2.9yrs
Average Tenure
63yo
Average Age
Experienced Board: NNGP.F's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.