Bergman & Beving Management
Management criteria checks 3/4
Bergman & Beving's CEO is Magnus Söderlind, appointed in May 2021, has a tenure of 2.42 years. total yearly compensation is SEK6.99M, comprised of 62.6% salary and 37.4% bonuses, including company stock and options. directly owns 1.18% of the company’s shares, worth SEK46.65M. The average tenure of the management team and the board of directors is 7 years and 4.3 years respectively.
Key information
Magnus Söderlind
Chief executive officer
SEK 7.0m
Total compensation
| CEO salary percentage | 62.6% |
| CEO tenure | 2.4yrs |
| CEO ownership | 1.2% |
| Management average tenure | 7yrs |
| Board average tenure | 4.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2023 | n/a | n/a | SEK 198m |
| Mar 31 2023 | SEK 7m | SEK 4m | SEK 207m |
| Dec 31 2022 | n/a | n/a | SEK 210m |
| Sep 30 2022 | n/a | n/a | SEK 205m |
| Jun 30 2022 | n/a | n/a | SEK 206m |
| Mar 31 2022 | SEK 6m | SEK 4m | SEK 200m |
Compensation vs Market: Magnus's total compensation ($USD637.64K) is below average for companies of similar size in the UK market ($USD1.02M).
Compensation vs Earnings: Magnus's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Magnus Söderlind (57 yo)
2.4yrs
Tenure
SEK 6,988,000
Compensation
Mr. Magnus Söderlind serves as the President of Protect Data Sweden. He has been the President and Chief Executive Officer of Bergman & Beving AB (publ) since May 01, 2021. Mr. Söderlind served as an Execu...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & CEO | 2.4yrs | SEK 6.99m | 1.18% SEK 46.6m | |
| CFO & Secretary | 6.5yrs | SEK 3.43m | no data | |
| Head of Acquisitions & General Counsel. | no data | no data | 0.058% SEK 2.3m | |
| Division Head of Workplace Safety Division | no data | no data | no data | |
| Division Head of Tools & Consumables Division | no data | no data | no data | |
| Division Head of Building Materials | 2.8yrs | no data | no data | |
| Group Treasurer | 9.8yrs | no data | no data | |
| Chief Executive Officer of TOOLS Norway | no data | no data | no data | |
| Chief Executive Officer of TOOLS Sverige AB | 7.5yrs | no data | no data | |
| Chief Executive Officer of B&B TOOLS Holding Fi Oy | 7.5yrs | no data | no data | |
| Chief Executive Officer of Teng Tools | no data | no data | no data | |
| Chief Executive Officer of Cresto | no data | no data | no data |
7.0yrs
Average Tenure
54yo
Average Age
Experienced Management: BERGBS's management team is seasoned and experienced (7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Chairman of the Board | 4.8yrs | SEK 1.01m | 0.47% SEK 18.5m | |
| Independent Director | 3.8yrs | SEK 375.00k | 0.0099% SEK 392.0k | |
| Independent Director | 8.2yrs | SEK 375.00k | no data | |
| Independent Director | 2.8yrs | SEK 375.00k | no data | |
| Independent Director | 4.8yrs | SEK 375.00k | 0.22% SEK 8.6m | |
| Independent Director | 6.3yrs | SEK 455.00k | 0.14% SEK 5.4m | |
| Employee Representatives Director | 2.8yrs | no data | no data | |
| Employee Representative Director | 1.2yrs | no data | no data |
4.3yrs
Average Tenure
55yo
Average Age
Experienced Board: BERGBS's board of directors are considered experienced (4.3 years average tenure).