SSAB Management
Management criteria checks 2/4
SSAB's CEO is Martin Lindqvist, appointed in Jan 2011, has a tenure of 13.67 years. total yearly compensation is SEK33.57M, comprised of 41.9% salary and 58.1% bonuses, including company stock and options. directly owns 0.003% of the company’s shares, worth €137.27K. The average tenure of the management team and the board of directors is 8.5 years and 2.7 years respectively.
Key information
Martin Lindqvist
Chief executive officer
SEK 33.6m
Total compensation
| CEO salary percentage | 41.9% |
| CEO tenure | 13.7yrs |
| CEO ownership | 0.003% |
| Management average tenure | 8.5yrs |
| Board average tenure | 2.7yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | SEK 10b |
| Mar 31 2024 | n/a | n/a | SEK 12b |
| Dec 31 2023 | SEK 34m | SEK 14m | SEK 13b |
Compensation vs Market: Martin's total compensation ($USD3.30M) is about average for companies of similar size in the UK market ($USD2.64M).
Compensation vs Earnings: Insufficient data to compare Martin's compensation with company performance.
CEO
Martin Lindqvist (62 yo)
13.7yrs
Tenure
SEK 33,566,000
Compensation
Mr. Martin Lindqvist, B.Sc. (Economics) Eng, M.B.A, is Non-Executive Director at Swiss Steel Holding AG since 2024. He is the Chief Executive Officer and President of SSAB AB (publ) since January 01, 2011...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 13.7yrs | SEK 33.57m | 0.0033% € 137.3k | |
| CFO & Executive VP | 2.8yrs | no data | no data | |
| Executive VP & CTO | 8.5yrs | no data | 0.0010% € 41.9k | |
| Head of Investor Relations | 7.8yrs | no data | no data | |
| Executive VP and Head of Sustainability | 6.7yrs | no data | 0.0012% € 50.6k | |
| Executive VP | 1.3yrs | no data | 0.0047% € 197.1k | |
| Head of Press Relations & Corporate Communications | no data | no data | no data | |
| Executive Vice President of People | 8.6yrs | no data | 0.0033% € 137.3k | |
| VP & Chief Technical Officer of SSAB Americas | 16.3yrs | no data | no data | |
| Executive VP & Head of SSAB Americas | 13.2yrs | no data | no data | |
| Head of SSAB Services | 12.6yrs | no data | no data | |
| Executive VP & Head of SSAB Europe | no data | no data | 0.0096% € 400.9k |
8.5yrs
Average Tenure
61.5yo
Average Age
Experienced Management: SSABAH's management team is seasoned and experienced (8.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 13.4yrs | SEK 33.57m | 0.0033% € 137.3k | |
| Independent Director | 2.4yrs | SEK 788.00k | no data | |
| Independent Chairman of the Board | 3.4yrs | SEK 2.32m | 0.0050% € 210.1k | |
| Independent Director | 2.4yrs | SEK 664.00k | no data | |
| Independent Director | 2.9yrs | SEK 793.00k | 0.00020% € 8.4k | |
| Director | less than a year | no data | no data | |
| Independent Director | 5.4yrs | SEK 664.00k | 0.00093% € 38.9k | |
| Independent Director | 10yrs | SEK 1.06m | 0.0021% € 88.3k | |
| Employee Representative Director | less than a year | no data | no data | |
| Employee Representative Director | 9.7yrs | no data | no data | |
| Employee Representative Director | less than a year | no data | no data | |
| Director | less than a year | no data | no data |
2.7yrs
Average Tenure
62yo
Average Age
Experienced Board: SSABAH's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/09/21 06:21 |
| End of Day Share Price | 2024/06/24 00:00 |
| Earnings | 2024/06/30 |
| 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 |
|
|
| 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
SSAB AB (publ) is covered by 46 analysts. 14 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 Grenmark | ABG Sundal Collier |
| Tom Zhang | Barclays |
| Alessandro Abate | Berenberg |