AB SKF Management
Management criteria checks 4/4
AB SKF's CEO is Gusta Gustafson, appointed in Jun 2021, has a tenure of 2.92 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 SEK2.22M. The average tenure of the management team and the board of directors is 2.2 years and 4.2 years respectively.
Key information
Gusta Gustafson
Chief executive officer
kr35.1m
Total compensation
| CEO salary percentage | 45.0% |
| CEO tenure | 2.9yrs |
| CEO ownership | 0.002% |
| Management average tenure | 2.2yrs |
| Board average tenure | 4.2yrs |
Recent management updates
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 27AB SKF's (STO:SKF B) Dividend Will Be Increased To SEK7.50
Mar 21We think AB SKF (publ)'s (STO:SKF B) CEO May Struggle To See Much Of A Pay Rise This Year
Mar 20When Should You Buy AB SKF (publ) (STO:SKF B)?
Mar 18AB SKF's (STO:SKF B) Dividend Will Be Increased To SEK7.50
Feb 29Lacklustre Performance Is Driving AB SKF (publ)'s (STO:SKF B) Low P/E
Feb 18AB SKF (STO:SKF B) Is Increasing Its Dividend To SEK7.50
Feb 05An Intrinsic Calculation For AB SKF (publ) (STO:SKF B) Suggests It's 33% Undervalued
Jan 31Does AB SKF (STO:SKF B) Have A Healthy Balance Sheet?
Jan 17These 4 Measures Indicate That AB SKF (STO:SKF B) Is Using Debt Reasonably Well
Sep 29When Should You Buy AB SKF (publ) (STO:SKF B)?
Aug 30Returns At AB SKF (STO:SKF B) Appear To Be Weighed Down
Aug 14AB SKF (publ) (STO:SKF B) Shares Could Be 22% Below Their Intrinsic Value Estimate
Jul 18Here's Why AB SKF (STO:SKF B) Can Manage Its Debt Responsibly
Jun 21At kr188, Is It Time To Put AB SKF (publ) (STO:SKF B) On Your Watch List?
May 23AB SKF (STO:SKF B) Hasn't Managed To Accelerate Its Returns
May 10Estimating The Fair Value Of AB SKF (publ) (STO:SKF B)
Apr 10Here's Why AB SKF (STO:SKF B) Can Manage Its Debt Responsibly
Mar 05AB SKF (STO:SKF B) Is Paying Out A Dividend Of SEK7.00
Feb 21AB SKF's (STO:SKF B) Dividend Will Be SEK7.00
Feb 07There Are Reasons To Feel Uneasy About AB SKF's (STO:SKF B) Returns On Capital
Feb 02At kr186, Is It Time To Put AB SKF (publ) (STO:SKF B) On Your Watch List?
Jan 16AB SKF (publ) (STO:SKF B) Shares Could Be 34% Above Their Intrinsic Value Estimate
Jan 03Is AB SKF (STO:SKF B) Using Too Much Debt?
Dec 05Is It Time To Consider Buying AB SKF (publ) (STO:SKF B)?
Oct 05AB SKF (publ)'s (STO:SKF B) Intrinsic Value Is Potentially 50% Above Its Share Price
Sep 23The Returns At AB SKF (STO:SKF B) Aren't Growing
Aug 30Here's Why AB SKF (STO:SKF B) Can Manage Its Debt Responsibly
Aug 18At kr165, Is It Time To Put AB SKF (publ) (STO:SKF B) On Your Watch List?
Mar 19AB SKF (STO:SKF B) Is Paying Out A Larger Dividend Than Last Year
Mar 06AB SKF (STO:SKF B) Is Increasing Its Dividend To kr7.00
Feb 20AB SKF's (STO:SKF B) Dividend Will Be Increased To kr7.00
Feb 06Investors Will Want AB SKF's (STO:SKF B) Growth In ROCE To Persist
Feb 03AB SKF (publ)'s (STO:SKF B) Intrinsic Value Is Potentially 83% Above Its Share Price
Jan 20Here's Why AB SKF (STO:SKF B) Can Manage Its Debt Responsibly
Dec 26Is Now The Time To Look At Buying AB SKF (publ) (STO:SKF B)?
Nov 21CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | kr6b |
| Dec 31 2023 | kr35m | kr16m | kr6b |
| Sep 30 2023 | n/a | n/a | kr7b |
| Jun 30 2023 | n/a | n/a | kr6b |
| Mar 31 2023 | n/a | n/a | kr5b |
| Dec 31 2022 | kr31m | kr15m | kr4b |
| Sep 30 2022 | n/a | n/a | kr5b |
| Jun 30 2022 | n/a | n/a | kr6b |
| Mar 31 2022 | n/a | n/a | kr8b |
| Dec 31 2021 | kr24m | kr9m | kr7b |
Compensation vs Market: Gusta's total compensation ($USD3.24M) is about average for companies of similar size in the Swedish market ($USD3.11M).
Compensation vs Earnings: Gusta's compensation has been consistent with company performance over the past year.
CEO
Gusta Gustafson (59 yo)
2.9yrs
Tenure
kr35,088,008
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 |
|---|---|---|---|---|
| President | 2.9yrs | kr35.09m | 0.0021% SEK 2.2m | |
| Senior VP of Group Finance & CFO | 4.9yrs | kr5.81m | 0.0026% SEK 2.7m | |
| Chief Sustainability Officer & Senior VP of Group Operations | 2.3yrs | no data | 0.00090% SEK 945.1k | |
| CTO & Senior VP of Technology Development | 1.6yrs | no data | 0.000010% SEK 10.5k | |
| Head of Investor Relations | less than a year | no data | no data | |
| General Counsel and Senior VP of Group Legal & Compliance | 3.7yrs | no data | 0.00057% SEK 598.6k | |
| Senior Vice President of Group People Experience & Communication | no data | no data | 0.0014% SEK 1.5m | |
| Advisor | 2.2yrs | no data | 0% SEK 0 | |
| President of Independent & Emerging Business | 5.3yrs | no data | 0.00094% SEK 987.1k | |
| President of Industrial Region Americas & MD of SKF India Limited | less than a year | no data | 0.00046% SEK 483.1k | |
| President of Industrial Region Europe Middle East & Africa | no data | no data | 0.00047% SEK 493.6k | |
| Head of EHS and net-zero - China & North East Asia | 1.6yrs | no data | no data |
2.2yrs
Average Tenure
54yo
Average Age
Experienced Management: SKF B's management team is considered experienced (2.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.3yrs | kr35.09m | 0.0021% SEK 2.2m | |
| Independent Chairman | 6.2yrs | kr3.00m | 0.016% SEK 16.8m | |
| Director | 1.2yrs | kr1.07m | 0.0011% SEK 1.2m | |
| Independent Director | 10.2yrs | kr985.00k | no data | |
| Independent Director | 5.2yrs | kr1.20m | 0.00033% SEK 346.6k | |
| Vice Chair | 4.2yrs | kr1.91m | 0.0011% SEK 1.2m | |
| Employee Representative Director | 9.3yrs | no data | no data | |
| Independent Director | 4.2yrs | kr985.00k | 0.00022% SEK 231.0k | |
| Employee Representative Director | 8.4yrs | no data | no data | |
| Independent Director | 1.2yrs | kr1.12m | no data | |
| Independent Director | 1.2yrs | kr1.07m | no data | |
| Independent Director | 1.2yrs | kr850.00k | no data |
4.2yrs
Average Tenure
51.5yo
Average Age
Experienced Board: SKF B's board of directors are considered experienced (4.2 years average tenure).