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 2.25 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 SEK22.06M. The average tenure of the management team and the board of directors is 2 years and 3.4 years respectively.
Key information
Jim Rowan
Chief executive officer
kr60.4m
Total compensation
| CEO salary percentage | 26.8% |
| CEO tenure | 2.3yrs |
| CEO ownership | 0.02% |
| Management average tenure | 2yrs |
| Board average tenure | 3.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | kr13b |
| Dec 31 2023 | kr60m | kr16m | kr13b |
| Sep 30 2023 | n/a | n/a | kr12b |
| Jun 30 2023 | n/a | n/a | kr10b |
| Mar 31 2023 | n/a | n/a | kr15b |
| Dec 31 2022 | kr58m | kr12m | kr16b |
Compensation vs Market: Jim's total compensation ($USD5.74M) is above average for companies of similar size in the UK market ($USD3.19M).
Compensation vs Earnings: Jim's compensation has been consistent with company performance over the past year.
CEO
Jim Rowan (59 yo)
2.3yrs
Tenure
kr60,365,000
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 |
|---|---|---|---|---|
| CEO, President & Director | 2.3yrs | kr60.37m | 0.023% SEK 22.1m | |
| Chief Commercial Officer & Deputy CEO | 2yrs | kr22.22m | 0.0080% SEK 7.6m | |
| Chief Financial Officer | 2yrs | no data | 0.000020% SEK 19.2k | |
| Chief Engineering & Technology Officer? | less than a year | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| General Counsel & Chief Legal Officer | less than a year | no data | no data | |
| Chief Communications Officer | 2yrs | no data | no data | |
| Global Head of Marketing | less than a year | no data | no data | |
| Chief People Officer | 2yrs | no data | 0.0015% SEK 1.4m | |
| President of Greater China | 7.3yrs | no data | no data | |
| President of EMEA | 3.4yrs | no data | no data | |
| Head of Global Manufacturing | 2yrs | no data | no data |
2.0yrs
Average Tenure
49yo
Average Age
Experienced Management: 0AAK's management team is considered experienced (2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 2.1yrs | kr60.37m | 0.023% SEK 22.1m | |
| Independent Director | 1.2yrs | kr1.16m | 0.0022% SEK 2.1m | |
| Vice Chairman | 13.8yrs | kr3.14m | 0.00084% SEK 805.9k | |
| Chairman of the Board | 13.8yrs | no data | no data | |
| Independent Director | 3.8yrs | kr1.32m | 0.00066% SEK 633.2k | |
| Independent Director | 3.4yrs | kr1.34m | 0.000040% SEK 38.4k | |
| Independent Director | 3.3yrs | kr1.29m | 0.000040% SEK 38.4k | |
| Director | 13.2yrs | no data | no data | |
| Representative Director | 2.4yrs | no data | 0.000010% SEK 9.6k | |
| Independent Director | 2.1yrs | kr1.16m | no data | |
| Employee Representative Director | 8.3yrs | no data | 0.000020% SEK 19.2k | |
| Employee Representative Director | 3.4yrs | no data | 0.000020% SEK 19.2k |
3.4yrs
Average Tenure
56yo
Average Age
Experienced Board: 0AAK's board of directors are considered experienced (3.4 years average tenure).