VBG Group Management
Management criteria checks 3/4
VBG Group's CEO is Anders Erkén, appointed in Jan 2023, has a tenure of 1.33 years. total yearly compensation is SEK5.64M, comprised of 51.4% salary and 48.6% bonuses, including company stock and options. directly owns 0.038% of the company’s shares, worth SEK4.00M. The average tenure of the management team and the board of directors is 1.3 years and 6.1 years respectively.
Key information
Anders Erkén
Chief executive officer
kr5.6m
Total compensation
| CEO salary percentage | 51.4% |
| CEO tenure | 1.3yrs |
| CEO ownership | 0.04% |
| Management average tenure | 1.3yrs |
| Board average tenure | 6.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | kr622m |
| Dec 31 2023 | n/a | n/a | kr569m |
| Sep 30 2023 | n/a | n/a | kr530m |
| Jun 30 2023 | n/a | n/a | kr434m |
| Mar 31 2023 | n/a | n/a | kr396m |
| Dec 31 2022 | kr6m | kr3m | kr368m |
| Sep 30 2022 | n/a | n/a | kr336m |
| Jun 30 2022 | n/a | n/a | kr355m |
| Mar 31 2022 | n/a | n/a | kr348m |
| Dec 31 2021 | kr6m | kr3m | kr337m |
| Sep 30 2021 | n/a | n/a | kr330m |
| Jun 30 2021 | n/a | n/a | kr322m |
| Mar 31 2021 | n/a | n/a | kr250m |
| Dec 31 2020 | kr5m | kr3m | kr227m |
Compensation vs Market: Anders's total compensation ($USD526.75K) is below average for companies of similar size in the UK market ($USD1.31M).
Compensation vs Earnings: Anders's compensation has been consistent with company performance over the past year.
CEO
Anders Erkén (59 yo)
1.3yrs
Tenure
kr5,641,000
Compensation
Mr. Anders Erkén, M.Sc. Eng, serves as President & Chief Executive Officer at VBG Group AB (publ) since January 01, 2023 and serves as Director since 2023 and served as its Division Manager of Truck & Trai...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.3yrs | kr5.64m | 0.038% SEK 4.0m | |
| CFO, Director of Investor Relations & IT | 4.3yrs | no data | 0.011% SEK 1.1m | |
| Group Account Manager | no data | no data | no data | |
| Group Communication Manager | no data | no data | no data | |
| EVP of Corporate Responsibility & Group HR and Group Privacy Officer | no data | no data | no data | |
| Division CEO of Mobile Climate Control | 1.3yrs | no data | no data | |
| Group CIO | no data | no data | no data |
1.3yrs
Average Tenure
58yo
Average Age
Experienced Management: VBGBS's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.3yrs | kr5.64m | 0.038% SEK 4.0m | |
| Independent Director | 13.3yrs | kr280.00k | 0.0044% SEK 457.1k | |
| Independent Director | 4.1yrs | kr370.00k | 0.0080% SEK 831.1k | |
| Chairman | no data | kr7.56m | 0.0041% SEK 422.8k | |
| Independent Director | 6.1yrs | kr305.00k | no data | |
| Employee Representative Deputy Director | 14.3yrs | no data | no data | |
| Employee Representative Director | 13.3yrs | no data | no data | |
| Independent Director | 10.3yrs | kr280.00k | no data | |
| Employee Representative Director | 2.3yrs | no data | 0.0024% SEK 249.3k |
6.1yrs
Average Tenure
59yo
Average Age
Experienced Board: VBGBS's board of directors are considered experienced (6.1 years average tenure).