Sandvik Management
Management criteria checks 3/4
Sandvik's CEO is Stefan Widing, appointed in Feb 2020, has a tenure of 4.17 years. total yearly compensation is SEK39.49M, comprised of 40% salary and 60% bonuses, including company stock and options. directly owns 0.005% of the company’s shares, worth MX$24.18M. The average tenure of the management team and the board of directors is 3.3 years and 6.9 years respectively.
Key information
Stefan Widing
Chief executive officer
SEK 39.5m
Total compensation
| CEO salary percentage | 40.0% |
| CEO tenure | 4.2yrs |
| CEO ownership | 0.005% |
| Management average tenure | 3.3yrs |
| Board average tenure | 6.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | SEK 39m | SEK 16m | SEK 15b |
| Sep 30 2023 | n/a | n/a | SEK 14b |
| Jun 30 2023 | n/a | n/a | SEK 14b |
| Mar 31 2023 | n/a | n/a | SEK 13b |
| Dec 31 2022 | SEK 30m | SEK 15m | SEK 13b |
| Sep 30 2022 | n/a | n/a | SEK 13b |
| Jun 30 2022 | n/a | n/a | SEK 13b |
| Mar 31 2022 | n/a | n/a | SEK 14b |
| Dec 31 2021 | SEK 31m | SEK 14m | SEK 13b |
| Sep 30 2021 | n/a | n/a | SEK 12b |
| Jun 30 2021 | n/a | n/a | SEK 12b |
| Mar 31 2021 | n/a | n/a | SEK 10b |
| Dec 31 2020 | SEK 18m | SEK 11m | SEK 9b |
Compensation vs Market: Stefan's total compensation ($USD3.61M) is below average for companies of similar size in the MX market ($USD5.88M).
Compensation vs Earnings: Stefan's compensation has increased by more than 20% in the past year.
CEO
Stefan Widing (46 yo)
4.2yrs
Tenure
SEK 39,488,024
Compensation
Mr. Stefan Widing has been the President and Chief Executive Officer of Sandvik AB (publ) since February 1, 2020 and serves as its President of Sandvik Manufacturing & Machining Solutions Business Area sin...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.2yrs | SEK 39.49m | 0.0052% MX$ 24.2m | |
| Executive VP & CFO | 2.4yrs | no data | 0.00040% MX$ 1.9m | |
| Executive VP | 3.3yrs | no data | no data | |
| Head of Investor Relations & VP | no data | no data | no data | |
| Executive VP | 9.5yrs | no data | 0.00044% MX$ 2.0m | |
| Executive VP and Head of Group Communications & Sustainability | less than a year | no data | no data | |
| Executive VP & Head of Human Resources | 7.8yrs | no data | 0.0025% MX$ 11.7m | |
| President of Sandvik Machining Solutions Business Area Segment | 4.3yrs | no data | 0.00082% MX$ 3.8m | |
| President of Business Area Sandvik Mining & Rock Solutions | no data | no data | 0.00022% MX$ 1.0m | |
| President of Sandvik Rock Processing Solutions | 1.5yrs | no data | 0.00098% MX$ 4.5m | |
| President of Sandvik Manufacturing Solutions Business Area segment | less than a year | no data | 0.00028% MX$ 1.3m | |
| President of the Design & Planning Automation Division | no data | no data | no data |
3.3yrs
Average Tenure
52.5yo
Average Age
Experienced Management: SAND N's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4yrs | SEK 39.49m | 0.0052% MX$ 24.2m | |
| Director | 8yrs | SEK 1.25m | 0.22% MX$ 998.7m | |
| Honorary Chairman | no data | no data | no data | |
| Independent Director | 8.9yrs | SEK 1.27m | 0.080% MX$ 369.2m | |
| Independent Director | 4yrs | SEK 897.00k | 0.00096% MX$ 4.4m | |
| Independent Chairman of the Board | 8.9yrs | SEK 3.45m | 0.076% MX$ 350.7m | |
| Independent Director | 8.9yrs | SEK 770.00k | 0.00080% MX$ 3.7m | |
| Director | 6.9yrs | SEK 770.00k | 0.00020% MX$ 926.3k | |
| Employee Representative Director | 2yrs | no data | no data | |
| Independent Director | 3yrs | SEK 770.00k | 0.00011% MX$ 509.4k | |
| Employee Representative Director | 8.3yrs | no data | 0.00041% MX$ 1.9m | |
| Employee Representative Deputy Director | 3yrs | no data | 0% MX$ 0 |
6.9yrs
Average Tenure
60.5yo
Average Age
Experienced Board: SAND N's board of directors are considered experienced (6.9 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/04/17 01:33 |
| End of Day Share Price | 2024/01/19 00:00 |
| Earnings | 2023/12/31 |
| 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 |
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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 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
Sandvik AB (publ) is covered by 55 analysts. 18 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 |
|---|---|
| Anders Idborg | ABG Sundal Collier |
| Lionel Pellicer | AlphaValue |
| Robert Bate | Barclays |