Sandvik Management
Management criteria checks 4/4
Sandvik's CEO is Stefan Widing, appointed in Feb 2020, has a tenure of 5.67 years. total yearly compensation is SEK31.20M, comprised of 53.7% salary and 46.3% bonuses, including company stock and options. directly owns 0.008% of the company’s shares, worth SEK26.28M. The average tenure of the management team and the board of directors is 3.5 years and 5.5 years respectively.
Key information
Stefan Widing
Chief executive officer
SEK 31.2m
Total compensation
| CEO salary percentage | 53.69% |
| CEO tenure | 5.7yrs |
| CEO ownership | 0.008% |
| Management average tenure | 3.5yrs |
| Board average tenure | 5.5yrs |
Recent management updates
Recent updates
Pinning Down Sandvik AB (publ)'s (STO:SAND) P/E Is Difficult Right Now
Sep 09
Is Sandvik (STO:SAND) A Risky Investment?
Aug 27What Is Sandvik AB (publ)'s (STO:SAND) Share Price Doing?
Aug 13A Look At The Fair Value Of Sandvik AB (publ) (STO:SAND)
Jun 21Sandvik (STO:SAND) Has A Pretty Healthy Balance Sheet
May 23Is There Now An Opportunity In Sandvik AB (publ) (STO:SAND)?
May 09Sandvik (STO:SAND) Is Paying Out A Larger Dividend Than Last Year
Apr 22Sandvik AB (publ) (STO:SAND) Just Reported, And Analysts Assigned A kr219 Price Target
Apr 19Sandvik (STO:SAND) Is Increasing Its Dividend To SEK5.75
Apr 08Sandvik (STO:SAND) Has Announced That It Will Be Increasing Its Dividend To SEK5.75
Mar 25Analysts Have Made A Financial Statement On Sandvik AB (publ)'s (STO:SAND) Full-Year Report
Mar 13Sandvik (STO:SAND) Is Increasing Its Dividend To SEK5.75
Mar 11Sandvik's (STO:SAND) Dividend Will Be Increased To SEK5.75
Feb 13Sandvik (STO:SAND) Is Increasing Its Dividend To SEK5.75
Jan 30Sandvik AB (publ) (STO:SAND) Full-Year Results Just Came Out: Here's What Analysts Are Forecasting For This Year
Jan 26Sandvik AB (publ)'s (STO:SAND) Business Is Yet to Catch Up With Its Share Price
Jan 13Is There Now An Opportunity In Sandvik AB (publ) (STO:SAND)?
Dec 30We Think Sandvik (STO:SAND) Can Stay On Top Of Its Debt
Dec 17
Innovative Mining Solutions And Tactical Acquisitions Propel Future Growth
Sandvik's focus on mining automation and industry innovations supports revenue growth and enhances competitive positioning amid high metal prices.Sandvik AB (publ) Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Oct 24Is Sandvik AB (publ) (STO:SAND) Trading At A 41% Discount?
Oct 14CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 ($USD3.33M) is about average for companies of similar size in the Swedish market ($USD3.24M).
Compensation vs Earnings: Stefan's compensation has been consistent with company performance over the past year.
CEO
Stefan Widing (48 yo)
Mr. Stefan Widing serves as Director at Holmen AB (publ) since March 2025. He has been the President and Chief Executive Officer of Sandvik AB (publ) since February 1, 2020 and serves as its President of t...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 5.7yrs | SEK 31.20m | 0.0078% SEK 26.3m | |
| Executive VP & CFO | 3.9yrs | no data | 0.00052% SEK 1.8m | |
| Executive VP | 4.8yrs | no data | 0.00037% SEK 1.3m | |
| Head of Investor Relations & VP | no data | no data | no data | |
| Head of Group Communications & Sustainability | 2.4yrs | no data | 0.00031% SEK 1.0m | |
| Executive VP & Head of Human Resources | less than a year | no data | 0.00056% SEK 1.9m | |
| President of the Machining business area segment | 5.8yrs | no data | 0.00041% SEK 1.4m | |
| President of the Mining Business Area | no data | no data | 0.00073% SEK 2.5m | |
| President of the Rock Processing Business Area | 3yrs | no data | 0.00071% SEK 2.4m | |
| President of the Intelligent Manufacturing Business Area Segment | 2.4yrs | no data | 0.00020% SEK 676.4k | |
| President of Digital Mining Technologies Division | no data | no data | no data |
Experienced Management: SAND's management team is considered experienced (3.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 5.5yrs | SEK 31.20m | 0.0078% SEK 26.3m | |
| Director | 9.5yrs | SEK 1.30m | 0.00040% SEK 1.4m | |
| Honorary Chairman | no data | no data | no data | |
| Independent Director | 10.4yrs | SEK 1.32m | 0.0040% SEK 13.5m | |
| Independent Director | 5.5yrs | SEK 932.00k | 0.00096% SEK 3.2m | |
| Independent Chairman of the Board | 10.4yrs | SEK 3.59m | 0.077% SEK 260.2m | |
| Director | 8.4yrs | SEK 800.00k | 0.00020% SEK 676.4k | |
| Independent Director | 1.5yrs | SEK 800.00k | 0.000080% SEK 270.5k | |
| Independent Director | 4.5yrs | SEK 800.00k | 0.00019% SEK 642.5k | |
| Employee Representative Director | 9.8yrs | no data | 0.00041% SEK 1.4m | |
| Employee Representative Director | 1.8yrs | no data | 0% SEK 0 | |
| Employee Representative Deputy Board Member | 1.8yrs | no data | 0.000010% SEK 33.8k |
Experienced Board: SAND's board of directors are considered experienced (5.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/10/03 12:16 |
| End of Day Share Price | 2025/10/03 00:00 |
| Earnings | 2025/06/30 |
| Annual Earnings | 2024/12/31 |
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 |
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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 60 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.
| Analyst | Institution |
|---|---|
| null null | ABG Sundal Collier |
| Vladimir Sergievskii | Barclays |
| Vladimir Sergievskii | Barclays |