NIBE Industrier Management
Management criteria checks 3/4
We currently do not have sufficient information about the CEO.
Key information
Gerteric Lindquist
Chief executive officer
SEK 10.0m
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 36yrs |
| CEO ownership | 4.6% |
| Management average tenure | 7.1yrs |
| Board average tenure | 2.7yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | SEK 776m |
| Jun 30 2024 | n/a | n/a | SEK 2b |
| Mar 31 2024 | n/a | n/a | SEK 3b |
| Dec 31 2023 | SEK 10m | SEK 10m | SEK 5b |
| Sep 30 2023 | n/a | n/a | SEK 5b |
| Jun 30 2023 | n/a | n/a | SEK 5b |
| Mar 31 2023 | n/a | n/a | SEK 5b |
| Dec 31 2022 | SEK 9m | SEK 9m | SEK 4b |
| Sep 30 2022 | n/a | n/a | SEK 4b |
| Jun 30 2022 | n/a | n/a | SEK 4b |
| Mar 31 2022 | n/a | n/a | SEK 3b |
| Dec 31 2021 | SEK 8m | SEK 8m | SEK 3b |
| Sep 30 2021 | n/a | n/a | SEK 4b |
| Jun 30 2021 | n/a | n/a | SEK 3b |
| Mar 31 2021 | n/a | n/a | SEK 3b |
| Dec 31 2020 | SEK 8m | SEK 8m | SEK 3b |
| Sep 30 2020 | n/a | n/a | SEK 2b |
| Jun 30 2020 | n/a | n/a | SEK 2b |
| Mar 31 2020 | n/a | n/a | SEK 2b |
| Dec 31 2019 | SEK 7m | SEK 7m | SEK 2b |
| Sep 30 2019 | n/a | n/a | SEK 2b |
| Jun 30 2019 | n/a | n/a | SEK 2b |
| Mar 31 2019 | n/a | n/a | SEK 2b |
| Dec 31 2018 | SEK 6m | SEK 6m | SEK 2b |
Compensation vs Market: Gerteric's total compensation ($USD898.78K) is below average for companies of similar size in the German market ($USD3.18M).
Compensation vs Earnings: Gerteric's compensation has been consistent with company performance over the past year.
CEO
Gerteric Lindquist (73 yo)
36yrs
Tenure
SEK 9,966,000
Compensation
Mr. Gerteric Lindquist serves as the Chief Executive Officer since 1989 and Managing Director of NIBE Industrier AB (publ) and served as its President. Mr. Lindquist also serves as the Chief Executive Offi...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Director | 36yrs | SEK 9.97m | 4.6% € 359.5m | |
| Chief Financial Officer | 13.2yrs | no data | 0.013% € 1.0m | |
| Head of Corporate Communications & Investor Relations | 1yr | no data | no data | |
| Head of Business Area - NIBE Stoves | no data | no data | 0.097% € 7.6m | |
| Head of Business Area - NIBE Element | no data | no data | 0.91% € 71.2m | |
| Chief Sustainability Officer | no data | no data | no data | |
| Head of business NIBE Climate Solutions | 1yr | no data | no data |
7.1yrs
Average Tenure
58.5yo
Average Age
Experienced Management: NJB0's management team is seasoned and experienced (7.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Director | 36yrs | SEK 9.97m | 4.6% € 359.5m | |
| Independent Director | 14.7yrs | SEK 500.00k | no data | |
| Independent Chairman | 19yrs | SEK 1.00m | 0.00047% € 36.8k | |
| Independent Director | 2.7yrs | SEK 500.00k | 0.00040% € 31.3k | |
| Independent Director | 1yr | no data | no data | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 2.7yrs | SEK 500.00k | no data | |
| Director | less than a year | no data | no data |
2.7yrs
Average Tenure
58yo
Average Age
Experienced Board: NJB0's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/31 23:01 |
| End of Day Share Price | 2025/01/31 00:00 |
| Earnings | 2024/09/30 |
| 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 |
| |
| 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 here.
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 .
Analyst Sources
NIBE Industrier AB (publ) is covered by 24 analysts. 12 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 |
|---|---|
| Emmi Östlund | ABG Sundal Collier |
| null null | ABG Sundal Collier |
| James Winchester | Barclays |