Volvo Car AB (publ.) Management

Management criteria checks 3/4

Volvo Car AB (publ.)'s CEO is Jim Rowan, appointed in Mar 2022, has a tenure of 2.5 years. total yearly compensation is SEK60.37M, comprised of 26.8% salary and 73.2% bonuses, including company stock and options. directly owns 0.023% of the company’s shares, worth SEK18.66M. The average tenure of the management team and the board of directors is 2.3 years and 3.7 years respectively.

Key information

Jim Rowan

Chief executive officer

SEK 60.4m

Total compensation

CEO salary percentage	26.8%
CEO tenure	2.5yrs
CEO ownership	0.02%
Management average tenure	2.3yrs
Board average tenure	3.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jim Rowan's remuneration changed compared to Volvo Car AB (publ.)'s earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	SEK 15b
Mar 31 2024	n/a	n/a	SEK 13b
Dec 31 2023	SEK 60m	SEK 16m	SEK 13b
Sep 30 2023	n/a	n/a	SEK 12b
Jun 30 2023	n/a	n/a	SEK 10b
Mar 31 2023	n/a	n/a	SEK 15b
Dec 31 2022	SEK 58m	SEK 12m	SEK 16b

Compensation vs Market: Jim's total compensation ($USD5.97M) is above average for companies of similar size in the UK market ($USD3.62M).

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

CEO

Jim Rowan (59 yo)

2.5yrs

Tenure

SEK 60,365,000

Compensation

Mr. James Rowan, also known as Jim, serves as Chief Executive Officer of Volvo Car Corporation. He is a Director of Polestar Automotive Holding UK PLC from June 2022. He serves as CEO & President at McDona...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
James Rowan	CEO, President & Director	2.5yrs	SEK 60.37m	0.023% SEK 18.7m
Bjorn Annwall	Chief Commercial Officer & Deputy CEO	2.3yrs	SEK 22.22m	0.0080% SEK 6.5m
Johan Ekdahl	Chief Financial Officer	2.3yrs	no data	0.000020% SEK 16.2k
Anders Bell	Chief Engineering & Technology Officer?	less than a year	no data	no data
John Hernander	Head of Investor Relations	no data	no data	no data
Helen Hu	General Counsel & Chief Legal Officer	less than a year	no data	no data
Olivia Ross-Wilson	Chief Communications Officer	2.3yrs	no data	0.00014% SEK 113.4k
Gretchen Saegh-Fleming	Global Head of Marketing	1.2yrs	no data	no data
Hanna Fager	Chief People Officer	2.3yrs	no data	0.0015% SEK 1.2m
Xiaolin Yuan	President of Greater China	7.5yrs	no data	no data
Arek Nowinski	President of EMEA	3.7yrs	no data	no data
Geert Bruyneel	Head of Global Manufacturing	2.3yrs	no data	no data

2.3yrs

Average Tenure

49yo

Average Age

Experienced Management: VOLCBS's management team is considered experienced (2.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
James Rowan	CEO, President & Director	2.3yrs	SEK 60.37m	0.023% SEK 18.7m
Rong Lu	Independent Director	1.4yrs	SEK 1.16m	0.0022% SEK 1.8m
Lone Schroder	Vice Chairman	14.1yrs	SEK 3.14m	0.00084% SEK 680.3k
Shu Fu Li	Chairman of the Board	14.1yrs	no data	no data
Jonas Samuelson	Independent Director	4yrs	SEK 1.32m	0.00067% SEK 542.6k
Lila Tretikov	Independent Director	3.7yrs	SEK 1.34m	0.000040% SEK 32.4k
Diarmuid O'Connell	Independent Director	3.5yrs	SEK 1.29m	0.000040% SEK 32.4k
Dong Hui Li	Director	13.4yrs	no data	no data
Anna Mossberg	Independent Director	2.3yrs	SEK 1.16m	no data
Jorgen Olsson	Employee Representative Director	8.5yrs	no data	0.000020% SEK 16.2k
Adrian Avdullahu	Employee Representative Director	3.7yrs	no data	0.000020% SEK 16.2k
Zara Biske	Employee Representative Director	less than a year	no data	no data

3.7yrs

Average Tenure

56yo

Average Age

Experienced Board: VOLCBS's board of directors are considered experienced (3.7 years average tenure).

Volvo Car AB (publ.) Management

Management criteria checks 3/4

Key information

Recent management updates

Volvo Car AB (Publ.) Announces Management Changes

Less than half of directors are independent

Volvo Car AB (publ) Announces the Resignation of Winfried Vahland from its Board of Directors

Volvo Car AB (Publ.) Names Vanessa Butani as Its New Head of Global Sustainability Effective April 1, 2024

Volvo Car AB (publ.), Annual General Meeting, Mar 26, 2024

Volvo Cars Appoints Francesca Gamboni as Head of Procurement and Supply Chain, Effective October 16, 2023

Recent updates

Volvo Car AB (publ.) (OM:VOLCAR B) commences an Equity Buyback Plan for 35,437,818 shares, under the authorization approved on March 26, 2024.

Volvo Car AB (publ.) (OM:VOLCAR B) commences an Equity Buyback Plan for 35,437,818 shares, under the authorization approved on March 26, 2024.

Volvo Car AB (publ.) (OM:VOLCAR B) acquired remaining 40% stake in HaleyTek AB from ECARX Holdings Inc. (NasdaqGM:ECX).

Volvo Car AB (publ.) to Report Q1, 2025 Results on Apr 29, 2025

Volvo Car AB (Publ.) Announces Management Changes

First quarter 2024 earnings released: EPS: kr1.12 (vs kr1.21 in 1Q 2023)

Volvo Car AB (publ.)(OM:VOLCAR IL B) dropped from S&P Global BMI Index

Volvo Car AB (publ.)(OM:VOLCAR IL B) dropped from FTSE All-World Index (USD)

Less than half of directors are independent

Full year 2023 earnings released: EPS: kr4.38 (vs kr5.23 in FY 2022)

Volvo Car AB (publ.) to Report Fiscal Year 2023 Results on Mar 05, 2024

Volvo Car AB (publ) Announces the Resignation of Winfried Vahland from its Board of Directors

Volvo Car AB (Publ.) Names Vanessa Butani as Its New Head of Global Sustainability Effective April 1, 2024

Volvo Car AB (publ.) to Report Q4, 2024 Results on Feb 06, 2025

Volvo Car AB (publ.), Annual General Meeting, Mar 26, 2024

Volvo Cars Appoints Francesca Gamboni as Head of Procurement and Supply Chain, Effective October 16, 2023

Volvo Car AB (publ.) to Report Q2, 2024 Results on Jul 18, 2024

New minor risk - Profit margin trend

Second quarter 2023 earnings released: EPS: kr1.12 (vs kr3.00 in 2Q 2022)

Volvo Car Group Appoints Gretchen Saegh-Fleming as Global Head of Marketing

Volvo Cars Reveals the New, Fully Electric Volvo EX30 Small SUV

Investor sentiment improves as stock rises 21%

CEO, President & Director recently bought kr9.4m worth of stock

First quarter 2023 earnings released: EPS: kr1.21 (vs kr1.29 in 1Q 2022)

Full year 2022 earnings released: EPS: kr5.23 (vs kr4.72 in FY 2021)

Full year 2022 earnings released

Volvo Car AB (publ.) to Report Q4, 2023 Results on Feb 07, 2024

Volvo Car AB (Publ.) Announces Tom Johnstone Declines Re-Election as Director

Volvo Cars Announces Executive Changes

Volvo Car AB (publ.) to Report Fiscal Year 2022 Results on Mar 09, 2023

Volvo Car AB (publ.) (OM:VOLCAR B) acquired remaining 13.5% stake in Zenseact Ab from ECARX Co., Ltd.

Third quarter 2022 earnings released: EPS: kr0.11 (vs kr0.86 in 3Q 2021)

Volvo Car AB (publ.) to Report Q3, 2023 Results on Oct 26, 2023

Volvo Car AB (publ.) to Report Q3, 2023 Results on Oct 26, 2023

Volvo Car AB (publ.) Announces Nomination Committee Appointments and Announces Tom Johnstone Will Not Be Up for Re-Election as Board Member

Volvo Cars Appoints Johan Ekdahl as CFO

Second quarter 2022 earnings released: EPS: kr3.00 (vs kr0.99 in 2Q 2021)

Volvo Car AB (publ.), Annual General Meeting, Apr 04, 2023

Volvo Car AB (publ.) Announces CFO Changes

Volvo Car AB (Publ.) Announces Election of Anna Mossberg and Jim Rowan as New Board Members

Now 21% undervalued after recent price drop

Volvo Car AB (publ.) to Report Fiscal Year 2021 Final Results on Apr 05, 2022

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Volvo Car AB (publ.) to Report Q4, 2022 Results on Feb 09, 2023

Investor sentiment deteriorated over the past week

Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age