J Schoen - NN Group Independent Member of the Supervisory Board

NN Stock  EUR 43.97  0.35  0.80%   

Executive

Mr. J.W. Schoen was Independent Member of the Supervisory Board of NN Group NV since July 7, 2014. He is Member of the Risk Committee and Chairman of the Audit Committee. From September 1977 until October 2008, Mr. Schoen worked at KPMG Accountants and was a partner from January 1989 onwards. He specialized in providing audit and advisory services to domestic and foreign insurance companies. Other former significant positions of Mr. Schoen include member and chair of several insurance industry committees of the NIVRA and the Dutch Accounting Standard Boards. He was also member of the governmental advice committee Traas in respect of the financial and prudential reporting obligations of Dutch insurance companies, member of several advisory committees of the IASCIASB on insurance company financial reporting requirements and member and parttime acting director of research of the Technical Expert Group of EFRAG in Brussels since 2014.
Age 64
Tenure 10 years
Phone31 70 513 0303
Webhttps://www.nn-group.com
Schoen holds a degree in Economics and a Postdoctoral degree in Accountancy from the University of Amsterdam . In September 2015, he also obtained a PhD at the VU University Amsterdam . Until April 27, 2016 he served as chair of the EFRAG Insurance Accounting Working Group.

NN Group Management Efficiency

NN Group's management efficiency ratios could be used to measure how well NN Group manages its routine affairs as well as how well it operates its assets and liabilities.
NN Group NV has accumulated 11.95 B in total debt with debt to equity ratio (D/E) of 0.31, which is about average as compared to similar companies. NN Group NV has a current ratio of 1.01, suggesting that it may not be capable to disburse its financial obligations in time and when they become due. Debt can assist NN Group until it has trouble settling it off, either with new capital or with free cash flow. So, NN Group's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like NN Group NV sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for NN Group to invest in growth at high rates of return. When we think about NN Group's use of debt, we should always consider it together with cash and equity.

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NN Group N.V., a financial services company, primarily provides life insurance products in the Netherlands, rest of Europe, the United States, the United Kingdom, Asia, and internationally. NN Group N.V. was incorporated in 2011 and is headquartered in The Hague, the Netherlands. NN GROUP operates under Insurance - Life And Health classification in Netherlands and is traded on Amsterdam Stock Exchange. It employs 11792 people. NN Group NV (NN) is traded on Euronext Amsterdam in Netherlands and employs 11,871 people.

Management Performance

NN Group NV Leadership Team

Elected by the shareholders, the NN Group's board of directors comprises two types of representatives: NN Group inside directors who are chosen from within the company, and outside directors, selected externally and held independent of NN Group. The board's role is to monitor NN Group's management team and ensure that shareholders' interests are well served. NN Group's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, NN Group's outside directors are responsible for providing unbiased perspectives on the board's policies.
Robert Jenkins, Independent Member of the Supervisory Board
JanHendrik Erasmus, Chief Risk Officer, Member of the Management Board
David Cole, Independent Chairman of the Supervisory Board
Dick Harryvan, Independent Vice Chairman of the Supervisory Board
Janet Stuijt, General Counsel and Head of Compliance, Company Secretary, Member of the Management Board
Clara Streit, Independent Member of the Supervisory Board
Maurice Koopman, Chief NonLife
Jelmer Lantinga, Head Relations
Annemiek Melick, ViceChairman CFO
Heijo Hauser, Independent Member of the Supervisory Board
Helene Dort, Independent Member of the Supervisory Board
Tjeerd Bosklopper, Member of the Management Board, Chief Transformation Officer, Chief Executive Officer Netherlands a.i.
Robert Ruijter, Independent Member of the Supervisory Board
Satish Bapat, Member of the Management Board, Chief Executive Officer NN Investment Partners
David Knibbe, Chairman of the Executive Board and the Management Board, Chief Executive Officer
J Schoen, Independent Member of the Supervisory Board
Bernhard Kaufmann, Chief Board
Leon Riet, CEO Board
Delfin Rueda, Vice Chairman of the Executive Board and the Management Board, Chief Financial Officer
Fabian Rupprecht, Member of the Management Board, Chief Executive Officer International Insurance
Dailah Nihot, Member of the Management Board, Chief Organization and Corporate Relations

NN Group Stock Performance Indicators

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Thematic Opportunities

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