Telefonaktiebolaget LM Ericsson (publ)

BATS-CHIXE:ERIBRH Stock Report

Market Cap: €16.6b

Telefonaktiebolaget LM Ericsson Management

Management criteria checks 4/4

Telefonaktiebolaget LM Ericsson's CEO is E. Ekholm, appointed in Jan 2017, has a tenure of 6.5 years. total yearly compensation is SEK53.18M, comprised of 36% salary and 64% bonuses, including company stock and options. directly owns 0.023% of the company’s shares, worth €3.81M. The average tenure of the management team and the board of directors is 6.5 years and 6.3 years respectively.

Key information

E. Ekholm

Chief executive officer

SEK 53.2m

Total compensation

CEO salary percentage36.0%
CEO tenure6.5yrs
CEO ownership0.02%
Management average tenure6.5yrs
Board average tenure6.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has E. Ekholm's remuneration changed compared to Telefonaktiebolaget LM Ericsson's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2023n/an/a

SEK 17b

Dec 31 2022SEK 53mSEK 19m

SEK 19b

Sep 30 2022n/an/a

SEK 23b

Jun 30 2022n/an/a

SEK 23b

Mar 31 2022n/an/a

SEK 22b

Dec 31 2021SEK 65mSEK 18m

SEK 23b

Sep 30 2021n/an/a

SEK 20b

Jun 30 2021n/an/a

SEK 20b

Mar 31 2021n/an/a

SEK 19b

Dec 31 2020SEK 106mSEK 18m

SEK 17b

Sep 30 2020n/an/a

SEK 14b

Jun 30 2020n/an/a

SEK 3b

Mar 31 2020n/an/a

SEK 2b

Dec 31 2019SEK 98mSEK 16m

SEK 2b

Sep 30 2019n/an/a

-SEK 9b

Jun 30 2019n/an/a

SEK 214m

Mar 31 2019n/an/a

-SEK 3b

Dec 31 2018SEK 738kn/a

-SEK 7b

Sep 30 2018n/an/a

-SEK 18b

Jun 30 2018n/an/a

-SEK 25b

Mar 31 2018n/an/a

-SEK 23b

Dec 31 2017SEK 37mSEK 14m

-SEK 33b

Sep 30 2017n/an/a

-SEK 16b

Jun 30 2017n/an/a

-SEK 12b

Mar 31 2017n/an/a

-SEK 10b

Dec 31 2016SEK 82kn/a

SEK 833m

Compensation vs Market: E.'s total compensation ($USD4.93M) is about average for companies of similar size in the UK market ($USD5.14M).

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

CEO

E. Ekholm (60 yo)

6.5yrs

Tenure

SEK 53,180,945

Compensation

Mr. E. Borje Ekholm, MSc, MBA serves as Independent Director of Trimble Inc. since January 04, 2020 and is Independent Chairman from June 01, 2023. He has been the Chief Executive Officer and President of...

Leadership Team

NamePositionTenureCompensationOwnership
E. Ekholm
President6.5yrsSEK 53.18m0.023%
€ 3.8m
Fredrik Jejdling
Executive VP12.1yrsSEK 23.73m0.0022%
€ 366.7k
Carl Mellander
Senior VP6.3yrsno data0.0028%
€ 467.9k
Eva-Britt Allenius
Chief Accounting Officerno datano datano data
Erik Ekudden
Senior VP6yrsno data0.0011%
€ 184.2k
Peter Nyquist
VP & Head of Investor Relations9.8yrsno datano data
Scott Dresser
Senior VP1.3yrsno datano data
Peter Olofsson
Head of Corporate Communicationsno datano datano data
Stella Medlicott
SVP, Chief Marketing & Communications Officer and Head of Group Function Mktg. & Corporate Relations4.1yrsno data0.00024%
€ 39.8k
MajBritt Arfert
Senior VP6.7yrsno data0.0016%
€ 262.2k
Roland Hagman
Head of Group Function Financial Controlno datano datano data
Nunzio Mirtillo
Senior VP and Head of Market Area South East Asia13.3yrsno data0.0025%
€ 409.9k

6.5yrs

Average Tenure

58yo

Average Age

Experienced Management: ERIBRH's management team is seasoned and experienced (6.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
E. Ekholm
President17.3yrsSEK 53.18m0.023%
€ 3.8m
Helena Stjernholm
Independent Director7.3yrsSEK 97.54k0.00060%
€ 99.6k
Jacob Wallenberg
Deputy Independent Chairman12.3yrsno data0.013%
€ 2.1m
Jon Baksaas
Independent Director6.3yrsno datano data
Kristin Rinne
Independent Director7.3yrsSEK 305.31kno data
Torbjorn Nyman
Employee Representative Director5.3yrsSEK 66.00k0.0011%
€ 175.9k
Jan Carlson
Independent Chair of the Board6.3yrsno data0.00024%
€ 39.8k
Jonas Synnergren
Directorless than a yearno datano data
Carolina Dybeck Happe
Independent Director1.3yrsSEK 609.18k0.0011%
€ 179.2k
Eric Elzvik
Independent Director6.3yrsSEK 983.79k0.00030%
€ 49.8k
Kjell-Åke Soting
Employee Representative Director6.3yrsSEK 58.50k0.00030%
€ 49.8k
Anders Ripa
Employee Representative Director2.3yrsSEK 55.50k0.00013%
€ 21.6k

6.3yrs

Average Tenure

61.5yo

Average Age

Experienced Board: ERIBRH's board of directors are considered experienced (6.3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/07/02 22:56
End of Day Share Price 2023/04/04 00:00
Earnings2023/03/31
Annual Earnings2022/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

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Analyst Sources

Telefonaktiebolaget LM Ericsson (publ) is covered by 73 analysts. 22 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Lionel PellicerAlphaValue
Richard KramerArete Research Services LLP
John EadeArgus Research Company