Sandvik Management
Management criteria checks 3/4
Sandvik's CEO is Stefan Widing, appointed in Feb 2020, has a tenure of 4.25 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 SEK14.39M. The average tenure of the management team and the board of directors is 3.3 years and 7 years respectively.
Key information
Stefan Widing
Chief executive officer
kr39.5m
Total compensation
CEO salary percentage | 40.0% |
CEO tenure | 4.3yrs |
CEO ownership | 0.005% |
Management average tenure | 3.3yrs |
Board average tenure | 7yrs |
Recent management updates
Recent updates
Sandvik (STO:SAND) Is Increasing Its Dividend To SEK5.50
Apr 28Sandvik AB (publ)'s (STO:SAND) Shares Lagging The Market But So Is The Business
Jan 22Sandvik (STO:SAND) Seems To Use Debt Quite Sensibly
Dec 16Does Sandvik (STO:SAND) Deserve A Spot On Your Watchlist?
Dec 04Is There An Opportunity With Sandvik AB (publ)'s (STO:SAND) 29% Undervaluation?
Nov 10What Is Sandvik AB (publ)'s (STO:SAND) Share Price Doing?
Oct 20Sandvik (STO:SAND) Seems To Use Debt Quite Sensibly
Sep 12Do Sandvik's (STO:SAND) Earnings Warrant Your Attention?
Aug 30A Look At The Fair Value Of Sandvik AB (publ) (STO:SAND)
Jul 28When Should You Buy Sandvik AB (publ) (STO:SAND)?
Jul 02Here's Why Sandvik (STO:SAND) Can Manage Its Debt Responsibly
May 21Calculating The Intrinsic Value Of Sandvik AB (publ) (STO:SAND)
Apr 18Sandvik's (STO:SAND) Dividend Will Be Increased To SEK5.00
Apr 05Is It Time To Consider Buying Sandvik AB (publ) (STO:SAND)?
Mar 30Sandvik (STO:SAND) Is Increasing Its Dividend To SEK5.00
Feb 07Sandvik's (STO:SAND) Dividend Will Be Increased To SEK5.00
Jan 24Here's Why We Think Sandvik (STO:SAND) Might Deserve Your Attention Today
Jan 20Should You Investigate Sandvik AB (publ) (STO:SAND) At kr194?
Dec 15A Look At The Intrinsic Value Of Sandvik AB (publ) (STO:SAND)
Dec 02Is Sandvik AB (publ) (STO:SAND) Trading At A 37% Discount?
Aug 22Should You Be Adding Sandvik (STO:SAND) To Your Watchlist Today?
Jul 31Why Sandvik AB (publ) (STO:SAND) Could Be Worth Watching
Jul 20Sandvik's (STO:SAND) Returns Have Hit A Wall
Jul 09Sandvik (STO:SAND) Seems To Use Debt Rather Sparingly
May 23CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Mar 31 2024 | n/a | n/a | kr13b |
Dec 31 2023 | kr39m | kr16m | kr15b |
Sep 30 2023 | n/a | n/a | kr14b |
Jun 30 2023 | n/a | n/a | kr14b |
Mar 31 2023 | n/a | n/a | kr13b |
Dec 31 2022 | kr30m | kr15m | kr13b |
Sep 30 2022 | n/a | n/a | kr13b |
Jun 30 2022 | n/a | n/a | kr13b |
Mar 31 2022 | n/a | n/a | kr14b |
Dec 31 2021 | kr31m | kr14m | kr13b |
Sep 30 2021 | n/a | n/a | kr12b |
Jun 30 2021 | n/a | n/a | kr12b |
Mar 31 2021 | n/a | n/a | kr10b |
Dec 31 2020 | kr18m | kr11m | kr9b |
Compensation vs Market: Stefan's total compensation ($USD3.65M) is about average for companies of similar size in the Swedish market ($USD3.23M).
Compensation vs Earnings: Stefan's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Stefan Widing (46 yo)
4.3yrs
Tenure
kr39,488,024
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 | 4.3yrs | kr39.49m | 0.0052% SEK 14.4m | |
Executive VP & CFO | 2.5yrs | no data | 0.00040% SEK 1.1m | |
Executive VP | 3.3yrs | no data | no data | |
Head of Investor Relations & VP | no data | no data | no data | |
Executive VP | 9.6yrs | no data | 0.00044% SEK 1.2m | |
Head of Group Communications & Sustainability | less than a year | no data | no data | |
Executive VP & Head of Human Resources | 7.9yrs | no data | 0.0025% SEK 7.0m | |
President of Sandvik Machining Solutions Business Area Segment | 4.3yrs | no data | 0.00082% SEK 2.3m | |
President of Business Area Sandvik Mining & Rock Solutions | no data | no data | 0.00022% SEK 606.3k | |
President of Sandvik Rock Processing Solutions | 1.6yrs | no data | 0.00098% SEK 2.7m | |
President of Sandvik Manufacturing Solutions Business Area segment | less than a year | no data | 0.00028% SEK 771.6k | |
President of the Design & Planning Automation Division | no data | no data | no data |
3.3yrs
Average Tenure
52.5yo
Average Age
Experienced Management: SAND's management team is considered experienced (3.3 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
President | 4.1yrs | kr39.49m | 0.0052% SEK 14.4m | |
Director | 8.1yrs | kr1.25m | 0.22% SEK 594.3m | |
Honorary Chairman | no data | no data | no data | |
Independent Director | 9yrs | kr1.27m | 0.080% SEK 219.7m | |
Independent Director | 4.1yrs | kr897.00k | 0.00096% SEK 2.6m | |
Independent Chairman of the Board | 9yrs | kr3.45m | 0.076% SEK 208.7m | |
Independent Director | 9yrs | kr770.00k | 0.00080% SEK 2.2m | |
Director | 7yrs | kr770.00k | 0.00020% SEK 551.2k | |
Employee Representative Director | 2.1yrs | no data | no data | |
Independent Director | 3.1yrs | kr770.00k | 0.00011% SEK 303.1k | |
Employee Representative Director | 8.3yrs | no data | 0.00041% SEK 1.1m | |
Employee Representative Deputy Director | 3.1yrs | no data | 0% SEK 0 |
7.0yrs
Average Tenure
60.5yo
Average Age
Experienced Board: SAND's board of directors are considered experienced (7 years average tenure).