FLSmidth Management
Management criteria checks 3/4
FLSmidth's CEO is Mikko Keto, appointed in Jan 2022, has a tenure of 2.92 years. total yearly compensation is DKK23.54M, comprised of 33.3% salary and 66.7% bonuses, including company stock and options. directly owns 0.016% of the company’s shares, worth DKK3.16M. The average tenure of the management team and the board of directors is 3.6 years and 3.9 years respectively.
Key information
Mikko Keto
Chief executive officer
DKK 23.5m
Total compensation
| CEO salary percentage | 33.3% |
| CEO tenure | 2.9yrs |
| CEO ownership | 0.02% |
| Management average tenure | 3.6yrs |
| Board average tenure | 3.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 ($USD3.28M) is about average for companies of similar size in the UK market ($USD3.04M).
Compensation vs Earnings: Mikko's compensation has increased by more than 20% in the past year.
CEO
Mikko Keto (57 yo)
2.9yrs
Tenure
DKK 23,544,000
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 | 2.9yrs | DKK 23.54m | 0.016% DKK 3.2m | |
| Group Chief Financial Officer | 4.4yrs | DKK 14.67m | 0.040% DKK 8.1m | |
| COO & Chief Digital Officer | 1.3yrs | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Group Legal Counsel | 11.9yrs | DKK 1.29m | 0.0045% DKK 905.5k | |
| Chief People & Sustainability Officer | 6.7yrs | no data | 0.0016% DKK 327.4k | |
| President | no data | no data | no data | |
| President of Pumps | less than a year | no data | no data | |
| President of Region South America | 4.9yrs | no data | no data | |
| President of Region Australia | 4.3yrs | no data | no data | |
| President of Region North America | 2.8yrs | no data | no data | |
| President of Mining & Service Business Line | 2.9yrs | no data | no data |
3.6yrs
Average Tenure
55yo
Average Age
Experienced Management: 0OJA's management team is considered experienced (3.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Chairman | 12.8yrs | DKK 1.40m | 0.088% DKK 17.8m | |
| Independent Director | 5.8yrs | DKK 977.00k | 0.0018% DKK 355.7k | |
| Independent Vice Chairman | 2.8yrs | DKK 900.00k | 0.0022% DKK 434.5k | |
| Director | less than a year | no data | no data | |
| Independent Director | 1.8yrs | DKK 619.00k | no data | |
| Independent Director | 7.8yrs | DKK 675.00k | 0.0035% DKK 711.4k | |
| Employee-Elected Member | 8.9yrs | DKK 450.00k | 0.00075% DKK 151.6k | |
| Employee-Elected Member | 3.9yrs | DKK 450.00k | 0.00023% DKK 46.5k | |
| Employee-Elected Member | 3.9yrs | DKK 575.00k | 0.000090% DKK 18.2k |
3.9yrs
Average Tenure
61yo
Average Age
Experienced Board: 0OJA's board of directors are considered experienced (3.9 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 19:53 |
| 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
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 .
Analyst Sources
FLSmidth & Co. A/S is covered by 30 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 |
|---|---|
| Andrew Carlsen | ABG Sundal Collier |
| Xin Wang | Barclays |
| Ling Zhang | BNP Paribas Exane |