AB SKF Management

Management criteria checks 3/4

AB SKF's CEO is Gusta Gustafson, appointed in Jun 2021, has a tenure of 3.42 years. total yearly compensation is SEK35.09M, comprised of 45% salary and 55% bonuses, including company stock and options. directly owns 0.002% of the company’s shares, worth SEK1.95M. The average tenure of the management team and the board of directors is 2.7 years and 4.7 years respectively.

Key information

Gusta Gustafson

Chief executive officer

SEK 35.1m

Total compensation

CEO salary percentage	45.0%
CEO tenure	3.4yrs
CEO ownership	0.002%
Management average tenure	2.7yrs
Board average tenure	4.7yrs

Recent management updates

We think AB SKF (publ)'s (STO:SKF B) CEO May Struggle To See Much Of A Pay Rise This Year

Mar 20

Recent updates

Here's What Analysts Are Forecasting For AB SKF (publ) (STO:SKF B) After Its First-Quarter Results

May 01

Is AB SKF (STO:SKF B) Using Too Much Debt?

Apr 27

AB SKF's (STO:SKF B) Dividend Will Be Increased To SEK7.50

Mar 21

We think AB SKF (publ)'s (STO:SKF B) CEO May Struggle To See Much Of A Pay Rise This Year

Mar 20

When Should You Buy AB SKF (publ) (STO:SKF B)?

Mar 18

AB SKF's (STO:SKF B) Dividend Will Be Increased To SEK7.50

Feb 29

Lacklustre Performance Is Driving AB SKF (publ)'s (STO:SKF B) Low P/E

Feb 18

AB SKF (STO:SKF B) Is Increasing Its Dividend To SEK7.50

Feb 05

An Intrinsic Calculation For AB SKF (publ) (STO:SKF B) Suggests It's 33% Undervalued

Jan 31

Does AB SKF (STO:SKF B) Have A Healthy Balance Sheet?

Jan 17

These 4 Measures Indicate That AB SKF (STO:SKF B) Is Using Debt Reasonably Well

Sep 29

When Should You Buy AB SKF (publ) (STO:SKF B)?

Aug 30

Returns At AB SKF (STO:SKF B) Appear To Be Weighed Down

Aug 14

AB SKF (publ) (STO:SKF B) Shares Could Be 22% Below Their Intrinsic Value Estimate

Jul 18

Here's Why AB SKF (STO:SKF B) Can Manage Its Debt Responsibly

Jun 21

At kr188, Is It Time To Put AB SKF (publ) (STO:SKF B) On Your Watch List?

May 23

AB SKF (STO:SKF B) Hasn't Managed To Accelerate Its Returns

May 10

Estimating The Fair Value Of AB SKF (publ) (STO:SKF B)

Apr 10

Here's Why AB SKF (STO:SKF B) Can Manage Its Debt Responsibly

Mar 05

AB SKF (STO:SKF B) Is Paying Out A Dividend Of SEK7.00

Feb 21

AB SKF's (STO:SKF B) Dividend Will Be SEK7.00

Feb 07

There Are Reasons To Feel Uneasy About AB SKF's (STO:SKF B) Returns On Capital

Feb 02

At kr186, Is It Time To Put AB SKF (publ) (STO:SKF B) On Your Watch List?

Jan 16

AB SKF (publ) (STO:SKF B) Shares Could Be 34% Above Their Intrinsic Value Estimate

Jan 03

Is AB SKF (STO:SKF B) Using Too Much Debt?

Dec 05

Is It Time To Consider Buying AB SKF (publ) (STO:SKF B)?

Oct 05

AB SKF (publ)'s (STO:SKF B) Intrinsic Value Is Potentially 50% Above Its Share Price

Sep 23

The Returns At AB SKF (STO:SKF B) Aren't Growing

Aug 30

Here's Why AB SKF (STO:SKF B) Can Manage Its Debt Responsibly

Aug 18

CEO Compensation Analysis

How has Gusta Gustafson's remuneration changed compared to AB SKF's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	SEK 6b
Jun 30 2024	n/a	n/a	SEK 6b
Mar 31 2024	n/a	n/a	SEK 6b
Dec 31 2023	SEK 35m	SEK 16m	SEK 6b
Sep 30 2023	n/a	n/a	SEK 7b
Jun 30 2023	n/a	n/a	SEK 6b
Mar 31 2023	n/a	n/a	SEK 5b
Dec 31 2022	SEK 31m	SEK 15m	SEK 4b
Sep 30 2022	n/a	n/a	SEK 5b
Jun 30 2022	n/a	n/a	SEK 6b
Mar 31 2022	n/a	n/a	SEK 8b
Dec 31 2021	SEK 24m	SEK 9m	SEK 7b

Compensation vs Market: Gusta's total compensation ($USD3.21M) is above average for companies of similar size in the Swedish market ($USD2.21M).

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

CEO

Gusta Gustafson (60 yo)

3.4yrs

Tenure

SEK 35,088,008

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

Name	Position	Tenure	Compensation	Ownership
Rickard Gustafson	President	3.4yrs	SEK 35.09m	0.0021% SEK 2.0m
Niclas Rosenlew	Senior VP of Group Finance & CFO	5.4yrs	SEK 5.81m	0.0026% SEK 2.4m
Joakim Landholm	Chief Sustainability Officer & Senior VP of Group Operations	2.8yrs	no data	0.00090% SEK 833.2k
Annika Olme	CTO & Senior VP of Technology Development	2.1yrs	no data	0.000010% SEK 9.3k
Sophie Arnius	Head of Investor Relations	less than a year	no data	no data
Mathias Lyon	General Counsel and Senior VP of Group Legal & Compliance	4.2yrs	no data	0.00057% SEK 527.7k
Ann-Sofie Zaks	Senior Vice President of Group People Experience & Communication	no data	no data	0.0014% SEK 1.3m
Victoria Van Camp	Advisor	2.7yrs	no data	no data
Thomas Frost	President of Independent & Emerging Business	5.8yrs	no data	0.00094% SEK 870.2k
Manish Bhatnagar	President of Industrial Region Americas & MD of SKF India Limited	less than a year	no data	0.00046% SEK 425.9k
David Johansson	President of Industrial Region Europe Middle East & Africa	no data	no data	0.00047% SEK 435.1k
Meet Wang	Head of EHS and net-zero - China & North East Asia	2.1yrs	no data	no data

2.7yrs

Average Tenure

55yo

Average Age

Experienced Management: SKF B's management team is considered experienced (2.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Rickard Gustafson	President	3.8yrs	SEK 35.09m	0.0021% SEK 2.0m
Hans Straberg	Independent Chairman	6.7yrs	SEK 3.00m	0.016% SEK 14.8m
Richard Nilsson	Director	1.7yrs	SEK 1.07m	0.0026% SEK 2.4m
Hock Goh	Independent Director	10.7yrs	SEK 985.00k	no data
Geert Follens	Independent Director	5.7yrs	SEK 1.20m	0.00033% SEK 305.5k
Hakan Buskhe	Vice Chair	4.7yrs	SEK 1.91m	0.0011% SEK 1.0m
Jonny Hilbert	Employee Representative Director	9.8yrs	no data	no data
Susanna Schneeberger	Independent Director	4.7yrs	SEK 985.00k	0.00022% SEK 203.7k
Zarko Djurovic	Employee Representative Director	8.9yrs	no data	no data
Niko Pakalen	Independent Director	1.7yrs	SEK 1.12m	no data
Therese Friberg	Independent Director	1.7yrs	SEK 1.07m	no data
Beth Ferreira	Independent Director	1.7yrs	SEK 850.00k	0.00055% SEK 509.2k

4.7yrs

Average Tenure

52.5yo

Average Age

Experienced Board: SKF B's board of directors are considered experienced (4.7 years average tenure).

AB SKF Management

Management criteria checks 3/4

Key information

Recent management updates

SKF Announces Appointment of Susanne Larsson as Senior Vice President

Niclas Rosenlew, CFO Decides to Leave SKF Group

AB SKF (Publ) Announces Changes in Group Management

We think AB SKF (publ)'s (STO:SKF B) CEO May Struggle To See Much Of A Pay Rise This Year

Insider recently bought kr2.7m worth of stock

SKF Names Manish Bhatnagar as New President of Industrial Region Americas

Recent updates

AB SKF (publ) (OM:SKF B) completed the acquisition of Lubrication and Flow Management businesses from John Sample Group Pty. Limited.

AB SKF (publ) to Report Q1, 2025 Results on Apr 25, 2025

SKF Announces Appointment of Susanne Larsson as Senior Vice President

Here's What To Make Of AB SKF's (STO:SKF B) Decelerating Rates Of Return

Niclas Rosenlew, CFO Decides to Leave SKF Group

Not Many Are Piling Into AB SKF (publ) (STO:SKF B) Just Yet

Second quarter 2024 earnings: EPS misses analyst expectations

AB SKF (publ) Provides Earnings Guidance for the Third Quarter and Full Year 2024

At kr212, Is It Time To Put AB SKF (publ) (STO:SKF B) On Your Watch List?

SKF to Showcase New Solutions with Significant Customer Value At Its First-Ever Tech & Innovation Summit

Here's What Analysts Are Forecasting For AB SKF (publ) (STO:SKF B) After Its First-Quarter Results

AB SKF (publ) Provides Financial Guidance for the Second Quarter and Full Year of 2024

Is AB SKF (STO:SKF B) Using Too Much Debt?

First quarter 2024 earnings released: EPS: kr4.15 (vs kr4.55 in 1Q 2023)

AB SKF (publ) Approves Dividend

AB SKF's (STO:SKF B) Dividend Will Be Increased To SEK7.50

Upcoming dividend of kr7.50 per share

AB SKF (Publ) Announces Changes in Group Management

We think AB SKF (publ)'s (STO:SKF B) CEO May Struggle To See Much Of A Pay Rise This Year

When Should You Buy AB SKF (publ) (STO:SKF B)?

Full year 2023 earnings: EPS misses analyst expectations

AB SKF's (STO:SKF B) Dividend Will Be Increased To SEK7.50

SKF Lincoln Introduces its CLP Smart Series Pumps

Lacklustre Performance Is Driving AB SKF (publ)'s (STO:SKF B) Low P/E

Insider recently bought kr2.7m worth of stock

SKF Names Manish Bhatnagar as New President of Industrial Region Americas

AB SKF (STO:SKF B) Is Increasing Its Dividend To SEK7.50

Dividend increased to kr7.50

Full year 2023 earnings: EPS misses analyst expectations

AB SKF (publ) to Report Q3, 2024 Results on Oct 30, 2024

An Intrinsic Calculation For AB SKF (publ) (STO:SKF B) Suggests It's 33% Undervalued

Less than half of directors are independent

Does AB SKF (STO:SKF B) Have A Healthy Balance Sheet?

SKF Confirms Closure of Luton Factory

These 4 Measures Indicate That AB SKF (STO:SKF B) Is Using Debt Reasonably Well

AB SKF (publ), Annual General Meeting, Mar 26, 2024

AB SKF (publ) Appoints Sophie Arnius as Head of Investor Relations, Starting Latest 24 February 2024

SKF Lincoln Datalog Controller Available Now

When Should You Buy AB SKF (publ) (STO:SKF B)?

Returns At AB SKF (STO:SKF B) Appear To Be Weighed Down

AB SKF (publ) Provides Earnings Guidance for the Third Quarter and Year 2023

Second quarter 2023 earnings: Revenues in line with analyst expectations

AB SKF (publ) (STO:SKF B) Shares Could Be 22% Below Their Intrinsic Value Estimate

Here's Why AB SKF (STO:SKF B) Can Manage Its Debt Responsibly

Now 20% undervalued

Aktiebolaget SKF (publ) Establishes Global Product Category Rules for Bearings to Quantify Environmental Impact

Aktiebolaget SKF (publ) Announces Executive Changes

At kr188, Is It Time To Put AB SKF (publ) (STO:SKF B) On Your Watch List?

Now 20% undervalued after recent price drop

AB SKF (STO:SKF B) Hasn't Managed To Accelerate Its Returns

First quarter 2023 earnings: Revenues exceed analyst expectations

Estimating The Fair Value Of AB SKF (publ) (STO:SKF B)

Less than half of directors are independent

Upcoming dividend of kr7.00 per share at 3.6% yield

Here's Why AB SKF (STO:SKF B) Can Manage Its Debt Responsibly

AB SKF (STO:SKF B) Is Paying Out A Dividend Of SEK7.00

AB SKF (publ) Announces Colleen Repplier Declines Re-Election as Director

AB SKF's (STO:SKF B) Dividend Will Be SEK7.00

Full year 2022 earnings: EPS misses analyst expectations

Price target increased by 8.5% to kr187

Aktiebolaget SKF (Publ) Proposes Dividend for the Year 2022

Investor sentiment improves as stock rises 16%

There Are Reasons To Feel Uneasy About AB SKF's (STO:SKF B) Returns On Capital

At kr186, Is It Time To Put AB SKF (publ) (STO:SKF B) On Your Watch List?

AB SKF (publ) (STO:SKF B) Shares Could Be 34% Above Their Intrinsic Value Estimate

Is AB SKF (STO:SKF B) Using Too Much Debt?

High number of new directors

Consensus forecasts updated

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind