Cargotec Management
Management criteria checks 2/4
Cargotec's CEO is Casimir Lindholm, appointed in Apr 2023, has a tenure of 1.58 years. total yearly compensation is €710.82K, comprised of 73.1% salary and 26.9% bonuses, including company stock and options. directly owns 0.003% of the company’s shares, worth €109.53K. The average tenure of the management team and the board of directors is 5.6 years and 0.5 years respectively.
Key information
Casimir Lindholm
Chief executive officer
€710.8k
Total compensation
| CEO salary percentage | 73.1% |
| CEO tenure | 1.6yrs |
| CEO ownership | 0.003% |
| Management average tenure | 5.6yrs |
| Board average tenure | less than a year |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | €334m |
| Jun 30 2024 | n/a | n/a | €346m |
| Mar 31 2024 | n/a | n/a | €370m |
| Dec 31 2023 | €711k | €520k | €347m |
| Sep 30 2023 | n/a | n/a | €74m |
| Jun 30 2023 | n/a | n/a | €40m |
| Mar 31 2023 | n/a | n/a | €27m |
| Dec 31 2022 | €61k | n/a | €24m |
| Sep 30 2022 | n/a | n/a | €83m |
| Jun 30 2022 | n/a | n/a | €273m |
| Mar 31 2022 | n/a | n/a | €258m |
| Dec 31 2021 | €57k | n/a | €247m |
Compensation vs Market: Casimir's total compensation ($USD751.00K) is below average for companies of similar size in the UK market ($USD2.79M).
Compensation vs Earnings: Casimir's compensation has increased by more than 20% in the past year.
CEO
Casimir Lindholm (53 yo)
1.6yrs
Tenure
€710,817
Compensation
Mr. Casimir Lindholm, M.Sc. (Econ.), MBA, serves as President & Chief Executive Officer of Cargotec Corporation since April 01, 2023 and serves as its Interim President of Kalmar since August 16, 2023. He...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & CEO | 1.6yrs | €710.82k | 0.0033% € 109.5k | |
| Vice President of Investor Relations | no data | no data | no data | |
| Vice President of Ethics & Compliance | 5.6yrs | no data | no data | |
| Senior VP | 11.6yrs | no data | 0.026% € 861.2k | |
| Senior Vice President of Human Resources | 11.3yrs | no data | 0.11% € 3.7m | |
| Senior Vice President of Finance | no data | no data | no data | |
| Senior Vice President of Strategy | 10.6yrs | no data | 0.053% € 1.8m | |
| President of Hiab | 5.6yrs | no data | 0.095% € 3.2m | |
| Senior Vice President of Sustainable Business Development | 1.8yrs | no data | 0.039% € 1.3m | |
| Executive Assistant to the CFO & Senior VP of Corporate Communications | no data | no data | no data | |
| Senior Vice President of Loader Cranes Light & Medium | no data | no data | no data | |
| Senior Vice President of Services - Hiab | no data | no data | no data |
5.6yrs
Average Tenure
58.5yo
Average Age
Experienced Management: CGCBVH's management team is seasoned and experienced (5.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 1.7yrs | €58.45k | 0.0033% € 111.5k | |
| Chairman | less than a year | €92.49k | 0.29% € 9.9m | |
| Independent Director | 1.7yrs | €68.75k | 0.0030% € 101.8k | |
| Independent Director | less than a year | no data | 0.0014% € 45.2k | |
| Independent Director | less than a year | no data | 0.0015% € 50.6k | |
| Independent Director | less than a year | no data | 0.0015% € 50.6k | |
| Vice Chairman | less than a year | no data | no data |
0.5yrs
Average Tenure
64yo
Average Age
Experienced Board: CGCBVH's board of directors are not considered experienced ( 0.5 years average tenure), which suggests a new board.