Sandvik Management
Management criteria checks 3/4
Sandvik's CEO is Stefan Widing, appointed in Feb 2020, has a tenure of 6.17 years. total yearly compensation is SEK37.47M, comprised of 46.7% salary and 53.3% bonuses, including company stock and options. directly owns 0.008% of the company’s shares, worth €3.65M. The average tenure of the management team and the board of directors is 3.5 years and 6 years respectively.
Key information
Stefan Widing
Chief executive officer
SEK 37.5m
Total compensation
| CEO salary percentage | 46.71% |
| CEO tenure | 6.2yrs |
| CEO ownership | 0.008% |
| Management average tenure | 3.5yrs |
| Board average tenure | 6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2025 | SEK 37m | SEK 18m | SEK 15b |
| Sep 30 2025 | n/a | n/a | SEK 15b |
| Jun 30 2025 | n/a | n/a | SEK 14b |
| Mar 31 2025 | n/a | n/a | SEK 15b |
| Dec 31 2024 | SEK 31m | SEK 17m | SEK 12b |
| Sep 30 2024 | n/a | n/a | SEK 12b |
| Jun 30 2024 | n/a | n/a | SEK 13b |
| Mar 31 2024 | n/a | n/a | SEK 13b |
| Dec 31 2023 | SEK 39m | SEK 16m | SEK 15b |
| Sep 30 2023 | n/a | n/a | SEK 14b |
| Jun 30 2023 | n/a | n/a | SEK 14b |
| Mar 31 2023 | n/a | n/a | SEK 13b |
| Dec 31 2022 | SEK 30m | SEK 15m | SEK 13b |
| Sep 30 2022 | n/a | n/a | SEK 13b |
| Jun 30 2022 | n/a | n/a | SEK 13b |
| Mar 31 2022 | n/a | n/a | SEK 14b |
| Dec 31 2021 | SEK 31m | SEK 14m | SEK 13b |
| Sep 30 2021 | n/a | n/a | SEK 12b |
| Jun 30 2021 | n/a | n/a | SEK 12b |
| Mar 31 2021 | n/a | n/a | SEK 10b |
| Dec 31 2020 | SEK 18m | SEK 11m | SEK 9b |
Compensation vs Market: Stefan's total compensation ($USD4.09M) is about average for companies of similar size in the Italian market ($USD4.26M).
Compensation vs Earnings: Stefan's compensation has increased by more than 20% in the past year.
CEO
Stefan Widing (48 yo)
Mr. Stefan Widing serves as Director at Holmen AB (publ) since March 31, 2025. He has been the President and Chief Executive Officer of Sandvik AB (publ) since February 1, 2020 and serves as its President...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 6.2yrs | SEK 37.47m | 0.0078% € 3.7m | |
| Executive VP & CFO | 4.4yrs | no data | 0.00052% € 244.6k | |
| Executive VP | 5.3yrs | no data | 0.00037% € 174.0k | |
| Head of Investor Relations & VP | no data | no data | no data | |
| Executive VP | less than a year | no data | no data | |
| Executive VP and Head of Group Communications & Sustainability | 2.9yrs | no data | 0.00031% € 145.8k | |
| Executive VP & Head of Human Resources | 1.2yrs | no data | -0.00045% € -211.7k | |
| President of the Business Area Machining | 6.3yrs | no data | 0.00041% € 192.8k | |
| President of the Mining | no data | no data | 0.00073% € 343.4k | |
| President of the Rock Processing | 3.5yrs | no data | 0.00071% € 334.0k | |
| President of the Intelligent Manufacturing | 2.9yrs | no data | 0.00020% € 94.1k |
Experienced Management: 1SAND's management team is considered experienced (3.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 6yrs | SEK 37.47m | 0.0078% € 3.7m | |
| Director | 10yrs | SEK 1.35m | 0.00040% € 188.1k | |
| Independent Director | 10.9yrs | SEK 1.38m | 0.0040% € 1.9m | |
| Independent Director | 6yrs | SEK 968.00k | 0.00096% € 451.5k | |
| Independent Chairman of the Board | 10.9yrs | SEK 3.75m | 0.077% € 36.2m | |
| Director | 8.9yrs | SEK 830.00k | 0.00020% € 94.1k | |
| Independent Director | 2yrs | SEK 830.00k | 0.000080% € 37.6k | |
| Independent Director | 5yrs | SEK 830.00k | 0.00019% € 89.4k | |
| Employee Representative Director | 10.3yrs | no data | 0.00041% € 192.8k | |
| Employee Representative Director | 2.3yrs | no data | 0% € 0 | |
| Employee Representative Deputy Board Member | 2.3yrs | no data | 0.000010% € 4.7k | |
| Employee Representative Deputy Board Member | 2yrs | no data | 0.000090% € 42.3k |
Experienced Board: 1SAND's board of directors are considered experienced (6 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/04/20 14:47 |
| End of Day Share Price | 2026/04/17 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
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 |
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| 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
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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
Sandvik AB (publ) is covered by 47 analysts. 19 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 |
| Robert Bate | Barclays |
| Vladimir Sergievskii | Barclays |