AB Volvo Management

Management criteria checks 3/4

AB Volvo's CEO is Martin Lundstedt, appointed in Oct 2015, has a tenure of 9.08 years. directly owns 0.014% of the company’s shares, worth €6.86M. The average tenure of the management team and the board of directors is 6.3 years and 8.6 years respectively.

Key information

Martin Lundstedt

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure9.1yrs
CEO ownership0.01%
Management average tenure6.3yrs
Board average tenure8.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Martin Lundstedt's remuneration changed compared to AB Volvo's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

SEK 52b

Jun 30 2024n/an/a

SEK 56b

Mar 31 2024n/an/a

SEK 51b

Dec 31 2023n/an/a

SEK 50b

Sep 30 2023n/an/a

SEK 44b

Jun 30 2023n/an/a

SEK 39b

Mar 31 2023n/an/a

SEK 39b

Dec 31 2022SEK 58mSEK 17m

SEK 33b

Sep 30 2022n/an/a

SEK 34b

Jun 30 2022n/an/a

SEK 33b

Mar 31 2022n/an/a

SEK 31b

Dec 31 2021SEK 49mSEK 16m

SEK 33b

Sep 30 2021n/an/a

SEK 34b

Jun 30 2021n/an/a

SEK 33b

Mar 31 2021n/an/a

SEK 23b

Dec 31 2020SEK 44mSEK 15m

SEK 19b

Sep 30 2020n/an/a

SEK 17b

Jun 30 2020n/an/a

SEK 19b

Mar 31 2020n/an/a

SEK 30b

Dec 31 2019SEK 52mSEK 15m

SEK 36b

Sep 30 2019n/an/a

SEK 32b

Jun 30 2019n/an/a

SEK 32b

Mar 31 2019n/an/a

SEK 30b

Dec 31 2018SEK 43mSEK 15m

SEK 25b

Sep 30 2018n/an/a

SEK 27b

Jun 30 2018n/an/a

SEK 25b

Mar 31 2018n/an/a

SEK 22b

Dec 31 2017SEK 44mSEK 13m

SEK 20b

Compensation vs Market: Insufficient data to establish whether Martin's total compensation is reasonable compared to companies of similar size in the German market.

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


CEO

Martin Lundstedt (57 yo)

9.1yrs

Tenure

SEK 58,105,000

Compensation

Mr. Martin Lundstedt, M.Sc., has been an Independent Director at Autoliv, Inc. since May 12, 2021. He has been the Chief Executive Officer, President and Member of the Group Executive Board at AB Volvo (pu...


Leadership Team

NamePositionTenureCompensationOwnership
Martin Lundstedt
CEO, President9.1yrsSEK 58.11m0.014%
€ 6.9m
Mats Backman
Executive VP of Group Finance1.1yrsno datano data
Kina Wileke
Executive VP of Group Communication & Member of the Group Executive Board6.8yrsno data0.0017%
€ 802.7k
Bruno Blin
Executive VP of Volvo Group8.7yrsno datano data
Scott Rafkin
Executive VP4.8yrsno data0.0026%
€ 1.3m
Roger Alm
Executive VP5.8yrsno data0.00039%
€ 187.5k
Andrea Fuder
Chief Purchasing Officer7.8yrsno datano data
Lars Stenqvist
CTO, Executive VP of Group Trucks Technology & Member of the Group Executive Board8.1yrsno data0.0031%
€ 1.5m
Melker Jernberg
Executive VP6.8yrsno datano data
Diana Niu
Member of Group Executive Board and Executive VP of Group People & Culture5.8yrsno datano data
Jens Holtinger
Executive VP of Group Trucks Operations & Member of Group Executive Board4.1yrsno data0.0012%
€ 557.6k
Nina Aresund
Executive VP of Group Legal1.8yrsno data0.00066%
€ 317.2k

6.3yrs

Average Tenure

56.5yo

Average Age

Experienced Management: VOL4's management team is seasoned and experienced (6.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Martin Lundstedt
CEO, President8.6yrsSEK 58.11m0.014%
€ 6.9m
Martha Brooks
Independent Director3.7yrsno data0.0013%
€ 600.8k
Kurt Jofs
Independent Director4.4yrsno data0.0027%
€ 1.3m
Matti Alahuhta
Independent Director10.6yrsno data0.0072%
€ 3.5m
Helena Stjernholm
Director8.6yrsno data0.00039%
€ 187.5k
Paul Vikner
Vice Chairman - Mack Trucks Inc16.6yrsno datano data
Par Boman
Chairmanless than a yearno datano data
Martina Merz
Independent Director9.6yrsno data0.00032%
€ 153.8k
Jan Carlson
Independent Director2.6yrsno data0.00049%
€ 235.5k
Kathryn Marinello
Independent Director10.6yrsno data0.00049%
€ 235.5k
Lars Ask
Employee Representative Director8.6yrsno data0.000010%
€ 4.8k
Eric Elzvik
Independent Director6.6yrsno data0.00037%
€ 177.8k

8.6yrs

Average Tenure

64.5yo

Average Age

Experienced Board: VOL4's board of directors are considered experienced (8.6 years average tenure).