Leon Riet - NN Group CEO Board

2NN Stock  EUR 67.54  0.84  1.26%   

Insider

Leon Riet is CEO Board of NN Group NV
Age 62
Address Schenkkade 65, The Hague, Netherlands, 2595 AS
Phone31 70 513 0303
Webhttps://www.nn-group.com

NN Group Management Efficiency

At this time, NN Group's Total Current Assets are most likely to increase significantly in the upcoming years. The NN Group's current Intangible Assets is estimated to increase to about 512.2 M, while Total Assets are projected to decrease to roughly 234.8 B. 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 188.72 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 is in a questionable position to pay out 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 2NN 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 is traded on Frankfurt Stock Exchange in Germany. NN Group NV (2NN) is traded on Frankfurt Exchange in Germany and employs 13,497 people. NN Group is listed under Multi-line Insurance category by Fama And French industry classification.

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 2NN. 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
Janet Stuijt, General Counsel and Head of Compliance, Company Secretary, Member of the Management Board
Maurice Koopman, Chief NonLife
Wilbert Ouburg, Chief Board
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
Hiske Hoekstra, Head Development
Fabian Rupprecht, Member of the Management Board, Chief Executive Officer International Insurance
Martijn Hoogeweegen, CEO Belgium
Dailah Nihot, Member of the Management Board, Chief Organization and Corporate Relations
David Cole, Independent Chairman of the Supervisory Board
JanHendrik Erasmus, Chief Risk Officer, Member of the Management Board
Dick Harryvan, Independent Vice Chairman of the Supervisory Board
Clara Streit, Independent Member of the Supervisory Board
Jelmer Lantinga, Head Relations
Frank Eijsink, CEO Board
Leon Riet, CEO Board
Delfin Rueda, Vice Chairman of the Executive Board and the Management Board, Chief Financial Officer

2NN Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is NN Group a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Other Information on Investing in 2NN Stock

NN Group financial ratios help investors to determine whether 2NN Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in 2NN with respect to the benefits of owning NN Group security.