Saab Management

Management criteria checks 4/4

Saab's CEO is Micael Johansson, appointed in Oct 2019, has a tenure of 4.5 years. total yearly compensation is SEK26.77M, comprised of 49.9% salary and 50.1% bonuses, including company stock and options. directly owns 0.041% of the company’s shares, worth €4.33M. The average tenure of the management team and the board of directors is 11.3 years and 6 years respectively.

Key information

Micael Johansson

Chief executive officer

kr26.8m

Total compensation

CEO salary percentage	49.9%
CEO tenure	4.5yrs
CEO ownership	0.04%
Management average tenure	11.3yrs
Board average tenure	6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Micael Johansson's remuneration changed compared to Saab's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	kr3b
Dec 31 2023	n/a	n/a	kr3b
Sep 30 2023	n/a	n/a	kr3b
Jun 30 2023	n/a	n/a	kr3b
Mar 31 2023	n/a	n/a	kr3b
Dec 31 2022	kr27m	kr13m	kr2b
Sep 30 2022	n/a	n/a	kr2b
Jun 30 2022	n/a	n/a	kr2b
Mar 31 2022	n/a	n/a	kr2b
Dec 31 2021	kr24m	kr13m	kr2b
Sep 30 2021	n/a	n/a	kr2b
Jun 30 2021	n/a	n/a	kr1b
Mar 31 2021	n/a	n/a	kr1b
Dec 31 2020	kr25m	kr15m	kr1b
Sep 30 2020	n/a	n/a	kr1b
Jun 30 2020	n/a	n/a	kr2b
Mar 31 2020	n/a	n/a	kr2b
Dec 31 2019	kr16m	kr3m	kr2b

Compensation vs Market: Micael's total compensation ($USD2.45M) is below average for companies of similar size in the German market ($USD5.66M).

Compensation vs Earnings: Micael's compensation has been consistent with company performance over the past year.

CEO

Micael Johansson (63 yo)

4.5yrs

Tenure

kr26,774,606

Compensation

Mr. Micael Johansson, B.Sc., has been a Director of Saab AB (publ) since April 1, 2020. Mr. Johansson has been the Chief Executive Officer and President at SAAB AB (publ) since October 23, 2019 and served...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Micael Johansson	President	4.5yrs	kr26.77m	0.041% SEK 4.3m
Christian Luiga	CFO & Deputy CEO	3.6yrs	no data	0.015% SEK 1.6m
Petter Bedoire	Chief Technology Officer	4.4yrs	no data	no data
Merton Kaplan	Head of Investor Relations	4.5yrs	no data	no data
Annika Baremo	Senior VP	12.2yrs	no data	0.014% SEK 1.4m
Viktor Wallstrom	Senior VP and Head of Group Communication & Sustainability	1.5yrs	no data	0.0021% SEK 222.4k
Lena Eliasson	Senior VP & Head of Group Human Resources	11.9yrs	no data	0.016% SEK 1.7m
Lars Tossman	Senior VP & Head of Business Area Aeronautics	no data	no data	0.015% SEK 1.6m
Jonas Hjelm	Senior VP & Head of Government Affairs	11.3yrs	no data	0.0078% SEK 819.3k
Rustan Nicander	Head of Country Unit Switzerland & Southern Europe and VP	12.6yrs	no data	no data
Gorgen Johansson	Senior VP & Head of Business Area Dynamics	11.3yrs	no data	0.013% SEK 1.4m
Anders Carp	Deputy Chief Executive Officer	11.3yrs	no data	0.012% SEK 1.3m

11.3yrs

Average Tenure

56yo

Average Age

Experienced Management: SDV's management team is seasoned and experienced (11.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Micael Johansson	President	4yrs	kr26.77m	0.041% SEK 4.3m
Marcus Wallenberg	Independent Chairman of the Board	32.3yrs	kr2.22m	0.094% SEK 9.8m
Bert Ake Nordberg	Independent Deputy Chairman	8yrs	kr873.75k	0.0080% SEK 835.1k
Joakim Westh	Independent Director	14.3yrs	kr986.25k	0.0075% SEK 785.8k
Erika Johnsson	Independent Director	7yrs	kr882.50k	0.0014% SEK 141.6k
Henrik Henriksson	Independent Director	3yrs	kr693.75k	no data
Stefan Andersson	Employee Representative Director	16.3yrs	no data	0.0018% SEK 184.6k
Johan Menckel	Independent Director	5yrs	kr857.50k	0.0060% SEK 628.4k
Magnus Gustafsson	Employee Representative Director	3.3yrs	no data	0.00083% SEK 87.1k
Danica Jensfelt	Independent Director	7yrs	kr693.75k	0.0015% SEK 157.4k
Goran Andersson	Employee Representative Director	4.3yrs	no data	0.00012% SEK 12.6k
Sebastian Tham	Independent Director	less than a year	kr667.50k	0.0013% SEK 133.2k

6.0yrs

Average Tenure

53yo

Average Age

Experienced Board: SDV's board of directors are considered experienced (6 years average tenure).

Saab Management

Management criteria checks 4/4

Key information

Recent management updates

Saab AB (Publ) Announces Board Changes

Saab Appoints Mikael Adelsberg as Chief Digital Officer and Head of Group Digitalisation, Effective 1 October 2024

Saab AB (Publ) Announces Christian Luiga, CFO, Decide to Leave, Effective 3 October, 2024

Saab AB (Publ) Announces Christian Luiga, CFO, Decide to Leave, Effective 3 October, 2024

Saab Appoints Heléne Bittmann as Its UAE Managing Director

Saab AB (publ), Annual General Meeting, Apr 11, 2024

Recent updates

Saab AB (Publ) Upgrades Earnings Guidance for the Year 2024

First quarter 2024 earnings released: EPS: kr5.77 (vs kr5.52 in 1Q 2023)

Saab AB (Publ) Announces Board Changes

Saab AB (Publ) Approves Dividend in Two Equal Installment, Payable on 18 April 2024 and 11 October 2024

Saab Appoints Mikael Adelsberg as Chief Digital Officer and Head of Group Digitalisation, Effective 1 October 2024

Saab AB (Publ) Announces Christian Luiga, CFO, Decide to Leave, Effective 3 October, 2024

Upcoming dividend of kr3.20 per share

Saab AB (Publ) Announces Christian Luiga, CFO, Decide to Leave, Effective 3 October, 2024

Full year 2023 earnings released: EPS: kr25.44 (vs kr16.61 in FY 2022)

Dividend of kr3.20 announced

Full year 2023 earnings released: EPS: kr25.44 (vs kr16.61 in FY 2022)

Saab AB (publ) to Report Nine Months, 2024 Results on Oct 22, 2024

Saab AB (publ) to Report First Half, 2024 Results on Jul 19, 2024

Saab Appoints Heléne Bittmann as Its UAE Managing Director

Saab AB (publ) to Report Q1, 2024 Results on Apr 26, 2024

Third quarter 2023 earnings released

Saab AB (publ), Annual General Meeting, Apr 11, 2024

Saab AB (publ) (OM:SAAB B) acquired 5% stake in Helsing GmbH for €75 million.

Saab AB (publ) (OM:SAAB B) acquired CrowdAI, Inc.

Saab AB (publ) (OM:SAAB B) acquired Blue Bear Systems Group Limited.

Saab AB (Publ) Revises Sales Guidance for the Year 2023

Second quarter 2023 earnings released: EPS: kr5.83 (vs kr3.19 in 2Q 2022)

Honeywell International Inc. (NasdaqGS:HON) agreed to acquire Heads-up-display assets of Saab AB.

President recently sold €142k worth of stock

Employee Representative Director recently sold €53k worth of stock

Upcoming dividend of kr5.30 per share at 0.8% yield

Insider recently sold €56k worth of stock

Full year 2022 earnings released: EPS: kr16.61 (vs kr14.57 in FY 2021)

Insider recently sold €115k worth of stock

Full year 2022 earnings released: EPS: kr16.61 (vs kr14.57 in FY 2021)

Saab AB (publ) Announces Management Changes, Effective 1 March 2023

Agilitas Private Equity Services Limited entered into an agreement Maritime Traffic Management operations of Saab AB.

Third quarter 2022 earnings released

Saab AB (publ), Annual General Meeting, Apr 05, 2023

Saab AB (publ) to Report Q1, 2023 Results on Apr 26, 2023

Second quarter 2022 earnings released: EPS: kr3.19 (vs kr3.81 in 2Q 2021)

Saab AB (publ) Reiterates Earnings Guidance for the Year 2022

Lumibird SA (ENXTPA:LBIRD) completed the acquisition of Defense Laser Rangefinder Business of Saab AB (OM:SAAB B).

President recently sold €52k worth of stock

Saab AB (Publ) Appoints Viktor Wallström as Senior Vice President and Head of Group Communication

First quarter 2022 earnings released: EPS: kr2.68 (vs kr2.96 in 1Q 2021)

First quarter 2022 earnings released: EPS: kr2.68 (vs kr2.96 in 1Q 2021)

Saab AB (publ) to Report Fiscal Year 2022 Results on Feb 10, 2023

Investor sentiment improved over the past week

Saab AB (Publ) Approves Dividend, Payable on April 13, 2022

Upcoming dividend of kr4.90 per share

Senior VP recently sold €234k worth of stock

Investor sentiment improved over the past week

CFO & Deputy CEO recently bought €61k worth of stock

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Saab AB (Publ) Proposes Dividend for 2021

Saab AB (publ) (OM:SAAB B) acquired remaining 41% stake in Saab Digital Air Traffic Solutions AB from Luftfartsverket.

Insider recently sold €50k worth of stock

Third quarter 2021 earnings released: EPS kr2.24 (vs kr2.85 loss in 3Q 2020)

Investor sentiment improved over the past week

Second quarter 2021 earnings released

First quarter 2021 earnings released: EPS kr2.96 (vs kr2.51 in 1Q 2020)

Independent Deputy Chairman Sten Jakobsson has left the company

Upcoming dividend of kr4.70 per share

Revenue beats expectations

Full year 2020 earnings released: EPS kr8.07 (vs kr14.88 in FY 2019)

Lumibird SA (ENXTPA:LBIRD) signed an agreement to acquire defense laser rangefinder business of Saab AB (publ) (OM:SAAB B).

Director recently bought €89k worth of stock

Full year 2020 earnings released: EPS kr8.07 (vs kr14.88 in FY 2019)

Revenue beats expectations

Saab AB (publ) to Report Fiscal Year 2021 Results on Feb 11, 2022

Saab Receives Follow-On Contract for Globaleye

New 90-day low: €22.75

Third quarter earnings released