Thule Group Management

Management criteria checks 2/4

Thule Group's CEO is Mattias Ankarberg, appointed in Aug 2023, has a tenure of 1.25 years. total yearly compensation is SEK6.22M, comprised of 61% salary and 39% bonuses, including company stock and options. directly owns 0.009% of the company’s shares, worth €306.72K. The average tenure of the management team and the board of directors is 2.4 years and 2.6 years respectively.

Key information

Mattias Ankarberg

Chief executive officer

SEK 6.2m

Total compensation

CEO salary percentage61.0%
CEO tenure1.3yrs
CEO ownership0.009%
Management average tenure2.4yrs
Board average tenure2.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mattias Ankarberg's remuneration changed compared to Thule Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

SEK 1b

Jun 30 2024n/an/a

SEK 1b

Mar 31 2024n/an/a

SEK 1b

Dec 31 2023SEK 6mSEK 4m

SEK 1b

Sep 30 2023n/an/a

SEK 1b

Jun 30 2023n/an/a

SEK 935m

Mar 31 2023n/an/a

SEK 1b

Dec 31 2022SEK 445kn/a

SEK 1b

Sep 30 2022n/an/a

SEK 1b

Jun 30 2022n/an/a

SEK 2b

Mar 31 2022n/an/a

SEK 2b

Dec 31 2021SEK 396kn/a

SEK 2b

Sep 30 2021n/an/a

SEK 2b

Jun 30 2021n/an/a

SEK 2b

Mar 31 2021n/an/a

SEK 1b

Dec 31 2020SEK 385kn/a

SEK 1b

Sep 30 2020n/an/a

SEK 1b

Jun 30 2020n/an/a

SEK 763m

Mar 31 2020n/an/a

SEK 871m

Dec 31 2019SEK 379kn/a

SEK 883m

Sep 30 2019n/an/a

SEK 897m

Jun 30 2019n/an/a

SEK 905m

Mar 31 2019n/an/a

SEK 870m

Dec 31 2018SEK 270kn/a

SEK 837m

Compensation vs Market: Mattias's total compensation ($USD568.69K) is below average for companies of similar size in the German market ($USD2.11M).

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


CEO

Mattias Ankarberg (48 yo)

1.3yrs

Tenure

SEK 6,218,000

Compensation

Mr. Mattias Ankarberg had been the Chief Executive Officer and President at Byggmax Group AB (publ) since November 14, 2016 until 2023. Mr. Ankarberg served as an Independent Director of Thule Group AB (pu...


Leadership Team

NamePositionTenureCompensationOwnership
Mattias Ankarberg
CEO & President1.3yrsSEK 6.22m0.0095%
€ 306.7k
Toby Lawton
Chief Financial Officerless than a yearno data0.00071%
€ 23.0k
Marianne Hagelqvist
Head of Group Accountingno datano datano data
Hilary Hartley
President of Region Americas3.6yrsno datano data
Karl-Johan Magnusson
Senior Vice President of Product Development4.8yrsno data0.0013%
€ 41.8k
Peter Linderoth
Secretaryno datano datano data

2.4yrs

Average Tenure

51yo

Average Age

Experienced Management: TU00's management team is considered experienced (2.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Hans Eckerstrom
Independent Chair of the Board17.8yrsSEK 1.49m0.033%
€ 1.1m
Sarah McPhee
Independent Director2.6yrsSEK 521.00k0.0025%
€ 81.4k
Johan Westman
Independent Director2.6yrsSEK 426.00k0.0031%
€ 101.8k
Paul Gustavsson
Directorless than a yearno datano data
Helene Mellquist
Independent Deputy Chairman8.5yrsSEK 471.00k0.0016%
€ 53.5k
Sandra Finér
Directorless than a yearno datano data
Helene Willberg
Independent Director5.6yrsSEK 661.00k0.0017%
€ 55.1k
Anders Jensen
Independent Director1.6yrsSEK 322.00k0.014%
€ 464.9k

2.6yrs

Average Tenure

57yo

Average Age

Experienced Board: TU00's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.