SSAB AB (publ)

MUN:SKW Stock Report

Market Cap: €4.2b

SSAB Management

Management criteria checks 2/4

SSAB's CEO is Martin Lindqvist, appointed in Jan 2011, has a tenure of 13.75 years. total yearly compensation is SEK33.57M, comprised of 41.9% salary and 58.1% bonuses, including company stock and options. directly owns 0.003% of the company’s shares, worth €138.70K. The average tenure of the management team and the board of directors is 8.6 years and 2.8 years respectively.

Key information

Martin Lindqvist

Chief executive officer

SEK 33.6m

Total compensation

CEO salary percentage41.9%
CEO tenure13.8yrs
CEO ownership0.003%
Management average tenure8.6yrs
Board average tenure2.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Martin Lindqvist's remuneration changed compared to SSAB's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

SEK 10b

Mar 31 2024n/an/a

SEK 12b

Dec 31 2023SEK 34mSEK 14m

SEK 13b

Compensation vs Market: Martin's total compensation ($USD3.19M) is about average for companies of similar size in the German market ($USD2.59M).

Compensation vs Earnings: Insufficient data to compare Martin's compensation with company performance.

CEO

Martin Lindqvist (62 yo)

13.8yrs

Tenure

SEK 33,566,000

Compensation

Mr. Martin Lindqvist, B.Sc. (Economics) Eng, M.B.A, is Non-Executive Director at Swiss Steel Holding AG since 2024. He is the Chief Executive Officer and President of SSAB AB (publ) since January 01, 2011...

Leadership Team

NamePositionTenureCompensationOwnership
Martin Lindqvist
President13.8yrsSEK 33.57m0.0033%
€ 138.7k
Leena Craelius
CFO & Executive VP2.9yrsno datano data
Martin Pei
Executive VP & CTO8.6yrsno data0.0010%
€ 42.3k
Per Hillström
Head of Investor Relations7.8yrsno datano data
Christina Båge-Friborg
Executive VP and Head of Sustainability6.8yrsno data0.0012%
€ 51.2k
Lars Sjobring
Executive VP1.4yrsno data0.0047%
€ 199.2k
Mia Widell
Head of Press Relations & Corporate Communicationsno datano datano data
Maria Langberg
Executive Vice President of People8.7yrsno data0.0033%
€ 138.7k
Steven Hansen
VP & Chief Technical Officer of SSAB Americas16.3yrsno datano data
Charles Schmitt
Executive VP & Head of SSAB Americas13.3yrsno datano data
Gregoire Parenty
Head of SSAB Services12.7yrsno datano data
Olavi Huhtala
Executive VP & Head of SSAB Europeno datano data0.0096%
€ 405.1k

8.6yrs

Average Tenure

61.5yo

Average Age

Experienced Management: SKW's management team is seasoned and experienced (8.6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Martin Lindqvist
President13.5yrsSEK 33.57m0.0033%
€ 138.7k
Bernard Fontana
Independent Director2.5yrsSEK 788.00kno data
Lennart Evrell
Independent Chairman of the Board3.5yrsSEK 2.32m0.0050%
€ 212.3k
Mikael Makinen
Independent Director2.5yrsSEK 664.00kno data
Maija Strandberg
Independent Director3yrsSEK 793.00k0.00020%
€ 8.5k
Pierre Heeroma
Directorless than a yearno datano data
Marie Gronborg
Independent Director5.5yrsSEK 664.00k0.00093%
€ 39.3k
Petra Einarsson
Independent Director10.1yrsSEK 1.06m0.0021%
€ 89.2k
Tomas Jansson
Employee Representative Directorless than a yearno datano data
Tomas Karlsson
Employee Representative Director9.8yrsno datano data
Mikael Henriksson
Employee Representative Directorless than a yearno datano data
Kerstin Enochsson
Directorless than a yearno datano data

2.8yrs

Average Tenure

62yo

Average Age

Experienced Board: SKW's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.