VBG Group AB (publ)

DB:KU4 Stock Report

Market Cap: €632.8m

VBG Group Management

Management criteria checks 2/4

VBG Group's CEO is Anders Erkén, appointed in Jan 2023, has a tenure of 1.83 years. total yearly compensation is SEK7.23M, comprised of 50.5% salary and 49.5% bonuses, including company stock and options. directly owns 0.038% of the company’s shares, worth €243.43K. The average tenure of the management team and the board of directors is 1.8 years and 6.6 years respectively.

Key information

Anders Erkén

Chief executive officer

SEK 7.2m

Total compensation

CEO salary percentage50.5%
CEO tenure1.8yrs
CEO ownership0.04%
Management average tenure1.8yrs
Board average tenure6.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Anders Erkén's remuneration changed compared to VBG Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

SEK 605m

Jun 30 2024n/an/a

SEK 652m

Mar 31 2024n/an/a

SEK 622m

Dec 31 2023SEK 7mSEK 4m

SEK 569m

Sep 30 2023n/an/a

SEK 530m

Jun 30 2023n/an/a

SEK 434m

Mar 31 2023n/an/a

SEK 396m

Dec 31 2022SEK 6mSEK 3m

SEK 368m

Sep 30 2022n/an/a

SEK 336m

Jun 30 2022n/an/a

SEK 355m

Mar 31 2022n/an/a

SEK 348m

Dec 31 2021SEK 6mSEK 3m

SEK 337m

Sep 30 2021n/an/a

SEK 330m

Jun 30 2021n/an/a

SEK 322m

Mar 31 2021n/an/a

SEK 250m

Dec 31 2020SEK 5mSEK 3m

SEK 227m

Compensation vs Market: Anders's total compensation ($USD657.65K) is below average for companies of similar size in the German market ($USD1.46M).

Compensation vs Earnings: Anders's compensation has increased by more than 20% in the past year.

CEO

Anders Erkén (60 yo)

1.8yrs

Tenure

SEK 7,230,000

Compensation

Mr. Anders Erkén, M.Sc. Eng, serves as President & Chief Executive Officer at VBG Group AB (publ) since January 01, 2023 and serves as Director since 2023 and served as its Division Manager of Truck & Trai...

Leadership Team

NamePositionTenureCompensationOwnership
Anders Erkén
President1.8yrsSEK 7.23m0.038%
€ 243.4k
Fredrik Jigneus
CFO, Director of Investor Relations & IT4.8yrsno data0.011%
€ 68.1k
Par Sjoberg
Group Account Managerno datano datano data
Asa Olsson
Group Communication Managerno datano datano data
Christina Holgerson
EVP of Corporate Responsibility & Group HR and Group Privacy Officerno datano datano data
Eberhard Wolters
Division CEO of Mobile Climate Control1.8yrsno datano data
Johan Ljung
Group CIOno datano datano data

1.8yrs

Average Tenure

59yo

Average Age

Experienced Management: KU4's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Anders Erkén
President1.8yrsSEK 7.23m0.038%
€ 243.4k
Peter Augustsson
Independent Director13.8yrsSEK 285.00k0.0044%
€ 27.8k
Anna Stalenbring
Independent Director4.6yrsSEK 375.00k0.0080%
€ 50.6k
Anders Birgersson
Chairmanless than a yearSEK 142.00k0.0041%
€ 25.8k
Mats Karlsson
Independent Director6.6yrsSEK 310.00kno data
Karin Pantzar
Employee Representative Deputy Director14.8yrsno datano data
Cecilia Pettersson
Employee Representative Director13.8yrsno datano data
Louise Nicolin
Independent Director10.8yrsSEK 285.00kno data
Alexander Andersson
Employee Representative Director2.8yrsno data0.0024%
€ 15.2k

6.6yrs

Average Tenure

60yo

Average Age

Experienced Board: KU4's board of directors are considered experienced (6.6 years average tenure).