AB SKF Management
Management criteria checks 3/4
AB SKF's CEO is Gusta Gustafson, appointed in Jun 2021, has a tenure of 2.58 years. total yearly compensation is SEK31.01M, comprised of 50% salary and 50% bonuses, including company stock and options. directly owns 0.002% of the company’s shares, worth SEK1.90M. The average tenure of the management team and the board of directors is 3 years and 3.8 years respectively.
Key information
Gusta Gustafson
Chief executive officer
SEK 31.0m
Total compensation
| CEO salary percentage | 50.0% |
| CEO tenure | 2.6yrs |
| CEO ownership | 0.002% |
| Management average tenure | 3yrs |
| Board average tenure | 3.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2023 | n/a | n/a | SEK 7b |
| Jun 30 2023 | n/a | n/a | SEK 6b |
| Mar 31 2023 | n/a | n/a | SEK 5b |
| Dec 31 2022 | SEK 31m | SEK 15m | SEK 4b |
| Sep 30 2022 | n/a | n/a | SEK 5b |
| Jun 30 2022 | n/a | n/a | SEK 6b |
| Mar 31 2022 | n/a | n/a | SEK 8b |
| Dec 31 2021 | SEK 24m | SEK 9m | SEK 7b |
Compensation vs Market: Gusta's total compensation ($USD3.03M) is about average for companies of similar size in the UK market ($USD3.09M).
Compensation vs Earnings: Gusta's compensation has increased by more than 20% in the past year.
CEO
Gusta Gustafson (59 yo)
2.6yrs
Tenure
SEK 31,009,290
Compensation
Mr. Rickard Gustafson, also known as Gusta, serves as President, Chief Executive Officer of AB SKF (publ) since June 01, 2021 and serves as its Director since 2021. He served as Chief Executive Officer and...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.6yrs | SEK 31.01m | 0.0021% SEK 1.9m | |
| Senior VP of Group Finance & CFO | 4.6yrs | SEK 5.81m | 0.0019% SEK 1.7m | |
| Senior Vice President of Group Operations & Digital Transformation | 1.9yrs | no data | 0.00090% SEK 812.0k | |
| Director of Group Controlling & Accounting | no data | no data | no data | |
| CTO & Senior VP of Technology | 1.3yrs | no data | 0.000010% SEK 9.0k | |
| Head of Investor Relations and Director of Group Investor Relations & Mergers & Acquisitions | no data | no data | no data | |
| General Counsel and Senior VP of Group Legal & Compliance | 3.3yrs | no data | 0.00064% SEK 577.4k | |
| Head of Media Relations | no data | no data | no data | |
| President of Industrial Region Europe Middle East & Africa | no data | no data | no data | |
| President of Industrial Region Americas | 7.9yrs | no data | 0.0069% SEK 6.2m | |
| Advisor | 1.8yrs | no data | no data | |
| President of Independent & Emerging Business | 5yrs | no data | 0.0016% SEK 1.5m |
3.0yrs
Average Tenure
54yo
Average Age
Experienced Management: SKFBS's management team is considered experienced (3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3yrs | SEK 31.01m | 0.0021% SEK 1.9m | |
| Independent Chairman | 5.8yrs | SEK 2.91m | 0.0081% SEK 7.3m | |
| Director | less than a year | no data | no data | |
| Independent Director | 9.8yrs | SEK 825.00k | no data | |
| Independent Director | 4.8yrs | SEK 1.04m | 0.00033% SEK 297.7k | |
| Vice Chair | 3.8yrs | SEK 1.24m | 0.0011% SEK 992.4k | |
| Employee Representative Director | 9yrs | no data | no data | |
| Independent Director | 3.8yrs | SEK 825.00k | 0.00022% SEK 198.5k | |
| Employee Representative Director | 8.1yrs | no data | no data | |
| Director | less than a year | no data | no data | |
| Director | less than a year | no data | no data | |
| Director | less than a year | no data | no data |
3.8yrs
Average Tenure
51.5yo
Average Age
Experienced Board: SKFBS's board of directors are considered experienced (3.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/01/10 06:48 |
| End of Day Share Price | 2023/12/22 00:00 |
| Earnings | 2023/09/30 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
AB SKF (publ) is covered by 48 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | ABG Sundal Collier |
| Allan Smylie | Barclays |
| Timothy Lee | Barclays |