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Sandvik Management
Management criteria checks 3/4
Sandvik's CEO is Stefan Widing, appointed in Feb 2020, has a tenure of 2.67 years. total yearly compensation is SEK30.65M, comprised of 45.9% salary and 54.1% bonuses, including company stock and options. directly owns 0.005% of the company’s shares, worth €890.99K. The average tenure of the management team and the board of directors is 4.5 years and 6 years respectively.
Key information
Stefan Widing
Chief executive officer
SEK 30.6m
Total compensation
| CEO salary percentage | 45.9% |
| CEO tenure | 2.7yrs |
| CEO ownership | 0.005% |
| Management average tenure | 4.5yrs |
| Board average tenure | 6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2022 | n/a | n/a | SEK 14b |
| Jun 30 2022 | n/a | n/a | SEK 14b |
| Mar 31 2022 | n/a | n/a | SEK 15b |
| Dec 31 2021 | SEK 31m | SEK 14m | SEK 14b |
| Sep 30 2021 | n/a | n/a | SEK 12b |
| Jun 30 2021 | n/a | n/a | SEK 12b |
| Mar 31 2021 | n/a | n/a | SEK 10b |
| Dec 31 2020 | SEK 18m | SEK 11m | SEK 9b |
Compensation vs Market: Stefan's total compensation ($USD2.74M) is below average for companies of similar size in the German market ($USD4.53M).
Compensation vs Earnings: Stefan's compensation has increased by more than 20% in the past year.
CEO
Stefan Widing (45 yo)
2.7yrs
Tenure
SEK 30,647,783
Compensation
Mr. Stefan Widing has been the President and Chief Executive Officer of Sandvik AB (publ) since February 1, 2020 and serves as its President of Sandvik Manufacturing & Machining Solutions Business Area sin...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.7yrs | SEK 30.65m | 0.0046% € 891.0k | |
| Executive VP & CFO | less than a year | no data | 0.00022% € 42.7k | |
| Head of Investor Relations & VP | no data | no data | no data | |
| Executive VP | 8yrs | no data | 0.00085% € 165.0k | |
| Executive VP and Head of Group Communications & Sustainability | 9.3yrs | no data | 0.00080% € 155.3k | |
| Executive VP & Head of Human Resources | 6.3yrs | no data | 0.0019% € 372.7k | |
| Head of Real Estate | no data | no data | no data | |
| Head of Group Staff Assurance | 13.5yrs | no data | no data | |
| President of Sandvik Machining Solutions Business Area Segment | 2.8yrs | no data | 0.0011% € 219.4k | |
| President of Sandvik Manufacturing Solutions Business Area Segment | less than a year | no data | 0.00075% € 145.6k | |
| President of Business Area Sandvik Mining & Rock Solutions | no data | no data | no data | |
| President of Sandvik Rock Processing Solutions | no data | no data | no data |
4.5yrs
Average Tenure
50yo
Average Age
Experienced Management: SVKB's management team is considered experienced (4.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.5yrs | SEK 30.65m | 0.0046% € 891.0k | |
| Director | 6.5yrs | SEK 1.15m | 0.00040% € 77.6k | |
| Honorary Chairman | no data | no data | no data | |
| Independent Director | 2.5yrs | SEK 828.00k | 0.00096% € 186.4k | |
| Independent Chairman of the Board | 7.4yrs | SEK 3.15m | 0.066% € 12.8m | |
| Independent Director | 7.4yrs | SEK 710.00k | 0.00080% € 155.3k | |
| Director | 5.4yrs | SEK 710.00k | 0.00020% € 38.8k | |
| Employee Representative Director | no data | no data | no data | |
| Independent Director | 7.4yrs | SEK 1.17m | 0.0040% € 774.5k | |
| Independent Director | 1.5yrs | SEK 710.00k | no data | |
| Employee Representative Director | 6.8yrs | no data | 0.00039% € 75.7k | |
| Employee Representative Deputy Director | 1.5yrs | no data | 0% € 0 |
6.0yrs
Average Tenure
59.5yo
Average Age
Experienced Board: SVKB's board of directors are considered experienced (6 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/10/19 02:07 |
| End of Day Share Price | 2022/07/22 00:00 |
| Earnings | 2022/09/30 |
| Annual Earnings | 2021/12/31 |
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 |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
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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
Sandvik AB (publ) is covered by 55 analysts. 22 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 |
|---|---|
| null null | ABG Sundal Collier |
| Lionel Pellicer | AlphaValue |
| Vlad Sergievskii | Barclays |