AB SKF Management

Management criteria checks 4/4

AB SKF's CEO is Gusta Gustafson, appointed in Jun 2021, has a tenure of 3.42 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 SEK2.00M. The average tenure of the management team and the board of directors is 2.7 years and 4.7 years respectively.

Key information

Gusta Gustafson

Chief executive officer

SEK 35.1m

Total compensation

CEO salary percentage45.0%
CEO tenure3.4yrs
CEO ownership0.002%
Management average tenure2.7yrs
Board average tenure4.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Gusta Gustafson's remuneration changed compared to AB SKF's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

SEK 6b

Jun 30 2024n/an/a

SEK 6b

Mar 31 2024n/an/a

SEK 6b

Dec 31 2023SEK 35mSEK 16m

SEK 6b

Sep 30 2023n/an/a

SEK 7b

Jun 30 2023n/an/a

SEK 6b

Mar 31 2023n/an/a

SEK 5b

Dec 31 2022SEK 31mSEK 15m

SEK 4b

Sep 30 2022n/an/a

SEK 5b

Jun 30 2022n/an/a

SEK 6b

Mar 31 2022n/an/a

SEK 8b

Dec 31 2021SEK 24mSEK 9m

SEK 7b

Compensation vs Market: Gusta's total compensation ($USD3.18M) is about average for companies of similar size in the UK market ($USD3.22M).

Compensation vs Earnings: Gusta's compensation has been consistent with company performance over the past year.


CEO

Gusta Gustafson (60 yo)

3.4yrs

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

NamePositionTenureCompensationOwnership
Rickard Gustafson
President3.4yrsSEK 35.09m0.0021%
SEK 2.0m
Niclas Rosenlew
Senior VP of Group Finance & CFO5.4yrsSEK 5.81m0.0026%
SEK 2.4m
Joakim Landholm
Chief Sustainability Officer & Senior VP of Group Operations2.8yrsno data0.00090%
SEK 851.3k
Annika Olme
CTO & Senior VP of Technology Development2.1yrsno data0.000010%
SEK 9.5k
Sophie Arnius
Head of Investor Relationsless than a yearno datano data
Mathias Lyon
General Counsel and Senior VP of Group Legal & Compliance4.2yrsno data0.00057%
SEK 539.1k
Ann-Sofie Zaks
Senior Vice President of Group People Experience & Communicationno datano data0.0014%
SEK 1.3m
Victoria Van Camp
Advisor2.7yrsno datano data
Thomas Frost
President of Independent & Emerging Business5.8yrsno data0.00094%
SEK 889.1k
Manish Bhatnagar
President of Industrial Region Americas & MD of SKF India Limitedless than a yearno data0.00046%
SEK 435.1k
David Johansson
President of Industrial Region Europe Middle East & Africano datano data0.00047%
SEK 444.5k
Meet Wang
Head of EHS and net-zero - China & North East Asia2.1yrsno datano data

2.7yrs

Average Tenure

55yo

Average Age

Experienced Management: 0NWW's management team is considered experienced (2.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Rickard Gustafson
President3.8yrsSEK 35.09m0.0021%
SEK 2.0m
Hans Straberg
Independent Chairman6.7yrsSEK 3.00m0.016%
SEK 15.2m
Richard Nilsson
Director1.7yrsSEK 1.07m0.0026%
SEK 2.5m
Hock Goh
Independent Director10.7yrsSEK 985.00kno data
Geert Follens
Independent Director5.7yrsSEK 1.20m0.00033%
SEK 312.1k
Hakan Buskhe
Vice Chair4.7yrsSEK 1.91m0.0011%
SEK 1.0m
Jonny Hilbert
Employee Representative Director9.8yrsno datano data
Susanna Schneeberger
Independent Director4.7yrsSEK 985.00k0.00022%
SEK 208.1k
Zarko Djurovic
Employee Representative Director8.9yrsno datano data
Niko Pakalen
Independent Director1.7yrsSEK 1.12mno data
Therese Friberg
Independent Director1.7yrsSEK 1.07mno data
Beth Ferreira
Independent Director1.7yrsSEK 850.00k0.00055%
SEK 520.2k

4.7yrs

Average Tenure

52.5yo

Average Age

Experienced Board: 0NWW's board of directors are considered experienced (4.7 years average tenure).