FLSmidth Management
Management criteria checks 4/4
FLSmidth's CEO is Mikko Keto, appointed in Jan 2022, has a tenure of 3.17 years. total yearly compensation is DKK22.24M, comprised of 37.4% salary and 62.6% bonuses, including company stock and options. directly owns 0.016% of the company’s shares, worth DKK3.10M. The average tenure of the management team and the board of directors is 3.2 years and 4.2 years respectively.
Key information
Mikko Keto
Chief executive officer
DKK 22.2m
Total compensation
CEO salary percentage | 37.4% |
CEO tenure | 3.2yrs |
CEO ownership | 0.02% |
Management average tenure | 3.2yrs |
Board average tenure | 4.2yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Dec 31 2024 | DKK 22m | DKK 8m | DKK 1b |
Sep 30 2024 | n/a | n/a | DKK 837m |
Jun 30 2024 | n/a | n/a | DKK 826m |
Mar 31 2024 | n/a | n/a | DKK 767m |
Dec 31 2023 | DKK 24m | DKK 8m | DKK 678m |
Sep 30 2023 | n/a | n/a | DKK 426m |
Jun 30 2023 | n/a | n/a | DKK 321m |
Mar 31 2023 | n/a | n/a | DKK 344m |
Dec 31 2022 | DKK 16m | DKK 8m | DKK 369m |
Compensation vs Market: Mikko's total compensation ($USD3.24M) is about average for companies of similar size in the UK market ($USD3.11M).
Compensation vs Earnings: Mikko's compensation has been consistent with company performance over the past year.
CEO
Mikko Keto (57 yo)
3.2yrs
Tenure
DKK 22,241,000
Compensation
Mr. Mikko Keto served as President of Mining Industry at FLSmidth & Co. A/S since January 2021 until January 1, 2022 and serves as Group Chief Executive Officer since January 1, 2022. Mr. Keto has been emp...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Group Chief Executive Officer | 3.2yrs | DKK 22.24m | 0.016% DKK 3.1m | |
Group Chief Financial Officer | 4.7yrs | DKK 12.93m | 0.040% DKK 7.9m | |
COO & Chief Digital Officer | 1.6yrs | no data | 0.0051% DKK 1.0m | |
Head of Investor Relations | no data | no data | no data | |
Chief People & Sustainability Officer | 6.9yrs | no data | 0.0067% DKK 1.3m | |
President | no data | no data | no data | |
President of Pumps | 1.2yrs | no data | no data | |
President of Region South America | 5.2yrs | no data | no data | |
President of Region Australia | 4.5yrs | no data | no data | |
President of Region North America | 3.1yrs | no data | no data | |
Head of Sustainability | no data | no data | no data | |
President of FLSmidth Cement | 1.4yrs | no data | no data |
3.2yrs
Average Tenure
56.5yo
Average Age
Experienced Management: 0OJA's management team is considered experienced (3.2 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Independent Chairman | 13yrs | DKK 1.43m | 0.088% DKK 17.4m | |
Independent Director | 6yrs | DKK 930.00k | 0.0018% DKK 348.7k | |
Independent Vice Chairman | 3yrs | DKK 950.00k | 0.0022% DKK 426.0k | |
Director | less than a year | DKK 435.00k | no data | |
Independent Director | 2yrs | DKK 725.00k | no data | |
Independent Director | 8yrs | DKK 775.00k | 0.0035% DKK 697.4k | |
Employee-Elected Member | 9.2yrs | DKK 475.00k | 0.00075% DKK 148.6k | |
Employee-Elected Member | 4.2yrs | DKK 475.00k | 0.00023% DKK 45.6k | |
Employee-Elected Member | 4.2yrs | DKK 600.00k | 0.000090% DKK 17.8k |
4.2yrs
Average Tenure
61yo
Average Age
Experienced Board: 0OJA's board of directors are considered experienced (4.2 years average tenure).
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2025/03/13 21:50 |
End of Day Share Price | 2025/03/13 00:00 |
Earnings | 2024/12/31 |
Annual Earnings | 2024/12/31 |
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 |
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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.
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
FLSmidth & Co. A/S is covered by 27 analysts. 9 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 |
Xin Wang | Barclays |
Ling Zhang | BNP Paribas Exane |