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Volvo Car AB (publ.) Management
Management criteria checks 2/4
Volvo Car AB (publ.)'s CEO is Jim Rowan, appointed in Mar 2022, has a tenure of 2.17 years. total yearly compensation is SEK60.37M, comprised of 26.8% salary and 73.2% bonuses, including company stock and options. directly owns 0.014% of the company’s shares, worth €1.20M. The average tenure of the management team and the board of directors is 1.9 years and 3.3 years respectively.
Key information
Jim Rowan
Chief executive officer
SEK 60.4m
Total compensation
| CEO salary percentage | 26.78% |
| CEO tenure | 2.2yrs |
| CEO ownership | 0.01% |
| Management average tenure | 1.9yrs |
| Board average tenure | 3.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | SEK 13b |
| Dec 31 2023 | SEK 60m | SEK 16m | SEK 13b |
| Sep 30 2023 | n/a | n/a | SEK 12b |
| Jun 30 2023 | n/a | n/a | SEK 10b |
| Mar 31 2023 | n/a | n/a | SEK 15b |
| Dec 31 2022 | SEK 58m | SEK 12m | SEK 16b |
Compensation vs Market: Jim's total compensation ($USD5.50M) is above average for companies of similar size in the German market ($USD3.34M).
Compensation vs Earnings: Jim's compensation has been consistent with company performance over the past year.
CEO
Jim Rowan (58 yo)
Mr. James Rowan, also known as Jim, is a Director of Polestar Automotive Holding UK PLC from June 2022. He serves as CEO & President at McDonald Hopkins, LLC since March 21, 2022. He serves as Director of...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 2.2yrs | SEK 60.37m | 0.014% € 1.2m | |
| COO, Acting Head of Global Research & Development and Deputy CEO | 8.3yrs | SEK 30.34m | 0.0028% € 247.7k | |
| Chief Commercial Officer & Deputy CEO | 1.9yrs | SEK 22.22m | 0.0080% € 706.8k | |
| Chief Financial Officer | 1.9yrs | no data | 0.000020% € 1.8k | |
| Head of Investor Relations | no data | no data | no data | |
| General Counsel & Chief Legal Officer | less than a year | no data | no data | |
| Chief Communications Officer | 1.9yrs | no data | no data | |
| Global Head of Marketing | less than a year | no data | no data | |
| Chief People Officer | 1.9yrs | no data | 0.0015% € 129.6k | |
| President of Greater China | 7.2yrs | no data | no data | |
| President of EMEA | 3.3yrs | no data | no data | |
| Head of Global Manufacturing | 1.9yrs | no data | no data |
Experienced Management: 8JO2's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 2yrs | SEK 60.37m | 0.014% € 1.2m | |
| Independent Director | 1.1yrs | SEK 1.16m | 0.0022% € 193.6k | |
| Vice Chairman | 13.8yrs | SEK 3.14m | 0.00084% € 74.6k | |
| Chairman of the Board | 13.8yrs | no data | no data | |
| Independent Director | 3.7yrs | SEK 1.34m | 0.00066% € 58.6k | |
| Independent Director | 3.3yrs | SEK 1.34m | 0.000040% € 3.6k | |
| Independent Director | 3.2yrs | SEK 1.29m | 0.000040% € 3.6k | |
| Director | 13.1yrs | no data | no data | |
| Representative Director | 2.3yrs | no data | 0.000010% € 887.9 | |
| Independent Director | 2yrs | SEK 1.16m | no data | |
| Employee Representative Director | 8.2yrs | no data | 0.000020% € 1.8k | |
| Employee Representative Director | 3.3yrs | no data | 0.000020% € 1.8k |
Experienced Board: 8JO2's board of directors are considered experienced (3.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/05/01 10:31 |
| End of Day Share Price | 2024/05/01 00:00 |
| Earnings | 2024/03/31 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Volvo Car AB (publ.) is covered by 17 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Stuart Pearson | BNP Paribas Exane |
| Samuel Perry | BNP Paribas Exane |
| Hanna Dorothee Cresswell | BNP Paribas Exane |