Volvo Car AB (publ.) Management
Management criteria checks 2/4
Volvo Car AB (publ.)'s CEO is Jim Rowan, appointed in Mar 2022, has a tenure of 2.17 years. total yearly compensation is SEK60.37M, comprised of 26.8% salary and 73.2% bonuses, including company stock and options. directly owns 0.014% of the company’s shares, worth SEK13.76M. The average tenure of the management team and the board of directors is 1.9 years and 3.3 years respectively.
Key information
Jim Rowan
Chief executive officer
kr60.4m
Total compensation
| CEO salary percentage | 26.8% |
| CEO tenure | 2.2yrs |
| CEO ownership | 0.01% |
| Management average tenure | 1.9yrs |
| Board average tenure | 3.3yrs |
Recent management updates
Recent updates
Earnings Miss: Volvo Car AB (publ.) Missed EPS By 18% And Analysts Are Revising Their Forecasts
Apr 26
Here's Why Volvo Car AB (publ.) (STO:VOLCAR B) Can Manage Its Debt Responsibly
Apr 18Returns At Volvo Car AB (publ.) (STO:VOLCAR B) Appear To Be Weighed Down
Mar 28The Market Lifts Volvo Car AB (publ.) (STO:VOLCAR B) Shares 29% But It Can Do More
Feb 25Is It Time To Consider Buying Volvo Car AB (publ.) (STO:VOLCAR B)?
Nov 19Volvo Car AB (publ.)'s (STO:VOLCAR B) Intrinsic Value Is Potentially 87% Above Its Share Price
Oct 28Returns On Capital Signal Tricky Times Ahead For Volvo Car AB (publ.) (STO:VOLCAR B)
Oct 02Volvo Car AB (publ.) (STO:VOLCAR B) Could Be Struggling To Allocate Capital
Jun 28Returns On Capital At Volvo Car AB (publ.) (STO:VOLCAR B) Paint A Concerning Picture
Mar 27Volvo Car AB (publ.) (STO:VOLCAR B) Shares Could Be 29% Below Their Intrinsic Value Estimate
Feb 17Volvo Car AB (publ.)'s (STO:VOLCAR B) Earnings Are Of Questionable Quality
Feb 17There Are Reasons To Feel Uneasy About Volvo Car AB (publ.)'s (STO:VOLCAR B) Returns On Capital
Dec 13Calculating The Fair Value Of Volvo Car AB (publ.) (STO:VOLCAR B)
May 15Investors Still Aren't Entirely Convinced About Volvo Car AB (publ.)'s (STO:VOLCAR B) Earnings Despite 26% Price Jump
Apr 10Volvo Car AB (publ.) Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Feb 14CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | kr13b |
| Dec 31 2023 | kr60m | kr16m | kr13b |
| Sep 30 2023 | n/a | n/a | kr12b |
| Jun 30 2023 | n/a | n/a | kr10b |
| Mar 31 2023 | n/a | n/a | kr15b |
| Dec 31 2022 | kr58m | kr12m | kr16b |
Compensation vs Market: Jim's total compensation ($USD5.58M) is above average for companies of similar size in the Swedish market ($USD2.35M).
Compensation vs Earnings: Jim's compensation has been consistent with company performance over the past year.
CEO
Jim Rowan (58 yo)
2.2yrs
Tenure
kr60,365,000
Compensation
Mr. James Rowan, also known as Jim, is a Director of Polestar Automotive Holding UK PLC from June 2022. He serves as CEO & President at McDonald Hopkins, LLC since March 21, 2022. He serves as Director of...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 2.2yrs | kr60.37m | 0.014% SEK 13.8m | |
| COO, Acting Head of Global Research & Development and Deputy CEO | 8.3yrs | kr30.34m | 0.0028% SEK 2.8m | |
| Chief Commercial Officer & Deputy CEO | 1.9yrs | kr22.22m | 0.0080% SEK 8.1m | |
| Chief Financial Officer | 1.9yrs | no data | 0.000020% SEK 20.3k | |
| Head of Investor Relations | no data | no data | no data | |
| General Counsel & Chief Legal Officer | less than a year | no data | no data | |
| Chief Communications Officer | 1.9yrs | no data | no data | |
| Global Head of Marketing | less than a year | no data | no data | |
| Chief People Officer | 1.9yrs | no data | 0.0015% SEK 1.5m | |
| President of Greater China | 7.2yrs | no data | no data | |
| President of EMEA | 3.3yrs | no data | no data | |
| Head of Global Manufacturing | 1.9yrs | no data | no data |
1.9yrs
Average Tenure
48yo
Average Age
Experienced Management: VOLCAR B's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 2yrs | kr60.37m | 0.014% SEK 13.8m | |
| Independent Director | 1.1yrs | kr1.16m | 0.0022% SEK 2.2m | |
| Vice Chairman | 13.8yrs | kr3.14m | 0.00084% SEK 854.2k | |
| Chairman of the Board | 13.8yrs | no data | no data | |
| Independent Director | 3.7yrs | kr1.34m | 0.00066% SEK 671.2k | |
| Independent Director | 3.3yrs | kr1.34m | 0.000040% SEK 40.7k | |
| Independent Director | 3.2yrs | kr1.29m | 0.000040% SEK 40.7k | |
| Director | 13.1yrs | no data | no data | |
| Representative Director | 2.3yrs | no data | 0.000010% SEK 10.2k | |
| Independent Director | 2yrs | kr1.16m | no data | |
| Employee Representative Director | 8.2yrs | no data | 0.000020% SEK 20.3k | |
| Employee Representative Director | 3.3yrs | no data | 0.000020% SEK 20.3k |
3.3yrs
Average Tenure
55yo
Average Age
Experienced Board: VOLCAR B's board of directors are considered experienced (3.3 years average tenure).