AB SKF (publ)

BIT:1SKFB Stock Report

Market Cap: €9.3b

AB SKF Management

Management criteria checks 4/4

AB SKF's CEO is Gusta Gustafson, appointed in Jun 2021, has a tenure of 3.75 years. total yearly compensation is SEK30.20M, comprised of 52% salary and 48% bonuses, including company stock and options. directly owns 0.038% of the company’s shares, worth €3.55M. The average tenure of the management team and the board of directors is 2.4 years and 5 years respectively.

Key information

Gusta Gustafson

Chief executive officer

SEK 30.2m

Total compensation

CEO salary percentage52.0%
CEO tenure3.8yrs
CEO ownership0.04%
Management average tenure2.4yrs
Board average tenure5yrs

Recent management updates

No updates

Recent updates

No updates

CEO Compensation Analysis

How has Gusta Gustafson's remuneration changed compared to AB SKF's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024SEK 30mSEK 16m

SEK 6b

Sep 30 2024n/an/a

SEK 6b

Jun 30 2024n/an/a

SEK 6b

Mar 31 2024n/an/a

SEK 6b

Dec 31 2023SEK 36mSEK 15m

SEK 6b

Sep 30 2023n/an/a

SEK 7b

Jun 30 2023n/an/a

SEK 6b

Mar 31 2023n/an/a

SEK 5b

Dec 31 2022SEK 31mSEK 15m

SEK 4b

Sep 30 2022n/an/a

SEK 5b

Jun 30 2022n/an/a

SEK 6b

Mar 31 2022n/an/a

SEK 8b

Dec 31 2021SEK 24mSEK 9m

SEK 7b

Compensation vs Market: Gusta's total compensation ($USD2.96M) is about average for companies of similar size in the Italian market ($USD2.76M).

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

CEO

Gusta Gustafson (60 yo)

3.8yrs

Tenure

SEK 30,201,000

Compensation

Mr. Rickard Gustafson, also known as Gusta, serves as President, Chief Executive Officer of AB SKF (publ) since June 01, 2021 and serves as its Director since 2021. He served as Chief Executive Officer and...

Leadership Team

NamePositionTenureCompensationOwnership
Rickard Gustafson
President3.8yrsSEK 30.20m0.038%
€ 3.6m
Susanne Larsson
Senior VP & CFOless than a yearno datano data
Joakim Landholm
Chief Sustainability Officer & Senior VP of Group Operations3.1yrsno data0.00090%
€ 83.9k
Annika Olme
CTO & Senior VP of Technology Development2.4yrsno data0.000010%
€ 932.5
Sophie Arnius
Head of Investor Relations1.1yrsno datano data
Mathias Lyon
General Counsel and Senior VP of Group Legal & Compliance4.5yrsno data0.00057%
€ 53.2k
Ann-Sofie Zaks
Senior Vice President of Group People Experience & Communicationno datano data0.0014%
€ 131.5k
Thomas Frost
President of Independent & Emerging Business6.2yrsno data0.014%
€ 1.3m
Manish Bhatnagar
President of Industrial Region Americas & MD of SKF India Limited1.1yrsno data0.013%
€ 1.2m
David Johansson
President of Industrial Region Europe Middle East & Africano datano data0.00047%
€ 43.8k
Meet Wang
Head of EHS and net-zero - China & North East Asia and President of China & Northeast Asia2.4yrsno datano data
Magnus Rosen
Head of Sustainabiltiyno datano datano data

2.4yrs

Average Tenure

55yo

Average Age

Experienced Management: 1SKFB's management team is considered experienced (2.4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Rickard Gustafson
President4.2yrsSEK 30.20m0.038%
€ 3.6m
Hans Straberg
Independent Chairman7yrsSEK 3.20m0.016%
€ 1.5m
Richard Nilsson
Director2yrsSEK 1.25m0.0026%
€ 246.2k
Hock Goh
Independent Director11yrsSEK 1.05mno data
Geert Follens
Independent Director6yrsSEK 1.30m0.00033%
€ 30.8k
Hakan Buskhe
Vice Chair5yrsSEK 1.98m0.0011%
€ 102.6k
Jonny Hilbert
Employee Representative Director10.2yrsno datano data
Susanna Schneeberger
Independent Director5yrsSEK 1.05m0.00022%
€ 20.5k
Zarko Djurovic
Employee Representative Director9.3yrsno datano data
Niko Pakalen
Independent Director2yrsSEK 1.20mno data
Therese Friberg
Independent Director2yrsSEK 1.15mno data
Beth Ferreira
Independent Director2yrsSEK 1.05m0.00055%
€ 51.3k

5.0yrs

Average Tenure

52.5yo

Average Age

Experienced Board: 1SKFB's board of directors are considered experienced (5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/03/13 11:02
End of Day Share Price 2025/03/13 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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.

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

AB SKF (publ) is covered by 49 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Allan SmylieBarclays
Timothy LeeBarclays