AB SKF Management
Management criteria checks 4/4
AB SKF's CEO is Gusta Gustafson, appointed in Jun 2021, has a tenure of 3.5 years. total yearly compensation is SEK35.09M, comprised of 45% salary and 55% bonuses, including company stock and options. directly owns 0.002% of the company’s shares, worth SEK1.98M. The average tenure of the management team and the board of directors is 2.8 years and 4.8 years respectively.
Key information
Gusta Gustafson
Chief executive officer
SEK 35.1m
Total compensation
| CEO salary percentage | 45.0% |
| CEO tenure | 3.5yrs |
| CEO ownership | 0.002% |
| Management average tenure | 2.8yrs |
| Board average tenure | 4.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | SEK 6b |
| Jun 30 2024 | n/a | n/a | SEK 6b |
| Mar 31 2024 | n/a | n/a | SEK 6b |
| Dec 31 2023 | SEK 35m | SEK 16m | SEK 6b |
| 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 ($USD3.17M) is about average for companies of similar size in the UK market ($USD3.46M).
Compensation vs Earnings: Gusta's compensation has been consistent with company performance over the past year.
CEO
Gusta Gustafson (60 yo)
3.5yrs
Tenure
SEK 35,088,008
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 | 3.5yrs | SEK 35.09m | 0.0021% SEK 2.0m | |
| Senior VP of Group Finance & CFO | 5.5yrs | SEK 5.81m | 0.0026% SEK 2.4m | |
| Chief Sustainability Officer & Senior VP of Group Operations | 2.8yrs | no data | 0.00090% SEK 846.3k | |
| CTO & Senior VP of Technology Development | 2.2yrs | no data | 0.000010% SEK 9.4k | |
| Head of Investor Relations | less than a year | no data | no data | |
| General Counsel and Senior VP of Group Legal & Compliance | 4.3yrs | no data | 0.00057% SEK 536.0k | |
| Senior Vice President of Group People Experience & Communication | no data | no data | 0.0014% SEK 1.3m | |
| Advisor | 2.8yrs | no data | no data | |
| President of Independent & Emerging Business | 5.9yrs | no data | 0.00094% SEK 883.9k | |
| President of Industrial Region Americas & MD of SKF India Limited | less than a year | no data | 0.00046% SEK 432.5k | |
| President of Industrial Region Europe Middle East & Africa | no data | no data | 0.00047% SEK 441.9k | |
| Head of EHS and net-zero - China & North East Asia | 2.2yrs | no data | no data |
2.8yrs
Average Tenure
55yo
Average Age
Experienced Management: SKFBs's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.9yrs | SEK 35.09m | 0.0021% SEK 2.0m | |
| Independent Chairman | 6.8yrs | SEK 3.00m | 0.016% SEK 15.1m | |
| Director | 1.8yrs | SEK 1.07m | 0.0026% SEK 2.5m | |
| Independent Director | 10.8yrs | SEK 985.00k | no data | |
| Independent Director | 5.8yrs | SEK 1.20m | 0.00033% SEK 310.3k | |
| Vice Chair | 4.8yrs | SEK 1.91m | 0.0011% SEK 1.0m | |
| Employee Representative Director | 9.9yrs | no data | no data | |
| Independent Director | 4.8yrs | SEK 985.00k | 0.00022% SEK 206.9k | |
| Employee Representative Director | 9yrs | no data | no data | |
| Independent Director | 1.8yrs | SEK 1.12m | no data | |
| Independent Director | 1.8yrs | SEK 1.07m | no data | |
| Independent Director | 1.8yrs | SEK 850.00k | 0.00055% SEK 517.2k |
4.8yrs
Average Tenure
52.5yo
Average Age
Experienced Board: SKFBs's board of directors are considered experienced (4.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 00:21 |
| End of Day Share Price | 2024/12/13 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
Analysis Model and Snowflake
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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 .
Analyst Sources
AB SKF (publ) is covered by 55 analysts. 18 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 |
|---|---|
| Olof Cederholm | ABG Sundal Collier |
| Timothy Lee | Barclays |
| Allan Smylie | Barclays |