Cargotec Management
Management criteria checks 2/4
Cargotec's CEO is Casimir Lindholm, appointed in Apr 2023, has a tenure of 1.67 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 €107.99K. The average tenure of the management team and the board of directors is 5.7 years and 0.6 years respectively.
Key information
Casimir Lindholm
Chief executive officer
€710.8k
Total compensation
| CEO salary percentage | 73.1% |
| CEO tenure | 1.7yrs |
| CEO ownership | 0.003% |
| Management average tenure | 5.7yrs |
| 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 ($USD739.59K) is below average for companies of similar size in the UK market ($USD3.04M).
Compensation vs Earnings: Casimir's compensation has increased by more than 20% in the past year.
CEO
Casimir Lindholm (53 yo)
1.7yrs
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 | 1.7yrs | €710.82k | 0.0033% € 108.0k | |
| Vice President of Investor Relations | no data | no data | no data | |
| Vice President of Ethics & Compliance | 5.7yrs | no data | no data | |
| Senior VP | 11.7yrs | no data | 0.026% € 849.0k | |
| 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 | 10.7yrs | no data | 0.053% € 1.7m | |
| President of Hiab | 5.7yrs | no data | 0.095% € 3.1m | |
| Senior Vice President of Sustainable Business Development | 1.9yrs | 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 |
5.7yrs
Average Tenure
58.5yo
Average Age
Experienced Management: 0MGH's management team is seasoned and experienced (5.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 1.8yrs | €58.45k | 0.0033% € 110.0k | |
| Chairman | less than a year | €92.49k | 0.29% € 9.7m | |
| Independent Director | 1.8yrs | €68.75k | 0.0030% € 100.4k | |
| Independent Director | less than a year | no data | 0.0014% € 44.6k | |
| Independent Director | less than a year | no data | 0.0015% € 49.9k | |
| Independent Director | less than a year | no data | 0.0015% € 49.9k | |
| Vice Chairman | less than a year | no data | no data |
0.6yrs
Average Tenure
64yo
Average Age
Experienced Board: 0MGH's board of directors are not considered experienced ( 0.6 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 07:46 |
| End of Day Share Price | 2024/12/23 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 |
| |
| 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 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
Cargotec Corporation is covered by 24 analysts. 6 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 |
| Andreas Koski | BNP Paribas Exane |
| Johan Eliason | CA Cheuvreux |