VBG Group Management
Management criteria checks 3/4
VBG Group's CEO is Anders Erkén, appointed in Jan 2023, has a tenure of 2.33 years. total yearly compensation is SEK7.23M, comprised of 50.5% salary and 49.5% bonuses, including company stock and options. directly owns 0.038% of the company’s shares, worth SEK2.56M. The average tenure of the management team and the board of directors is 2.3 years and 7.1 years respectively.
Key information
Anders Erkén
Chief executive officer
SEK 7.2m
Total compensation
| CEO salary percentage | 50.5% |
| CEO tenure | 2.3yrs |
| CEO ownership | 0.04% |
| Management average tenure | 2.3yrs |
| Board average tenure | 7.1yrs |
Recent management updates
Recent updates
VBG Group (STO:VBG B) Is Increasing Its Dividend To SEK7.25
May 04
VBG Group AB (publ) Just Missed EPS By 8.6%: Here's What Analysts Think Will Happen Next
May 02VBG Group's (STO:VBG B) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 20Returns Are Gaining Momentum At VBG Group (STO:VBG B)
Sep 09A Look At The Fair Value Of VBG Group AB (publ) (STO:VBG B)
Aug 27VBG Group (STO:VBG B) Has A Rock Solid Balance Sheet
Jun 26If EPS Growth Is Important To You, VBG Group (STO:VBG B) Presents An Opportunity
Jun 05There's No Escaping VBG Group AB (publ)'s (STO:VBG B) Muted Earnings Despite A 25% Share Price Rise
May 21Return Trends At VBG Group (STO:VBG B) Aren't Appealing
Apr 16VBG Group's (STO:VBG B) Upcoming Dividend Will Be Larger Than Last Year's
Apr 01VBG Group's (STO:VBG B) Dividend Will Be Increased To SEK7.00
Mar 18VBG Group's (STO:VBG B) Upcoming Dividend Will Be Larger Than Last Year's
Feb 29VBG Group AB (publ) Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Feb 23Here's Why We Think VBG Group (STO:VBG B) Might Deserve Your Attention Today
Feb 21VBG Group (STO:VBG B) Seems To Use Debt Quite Sensibly
Oct 25VBG Group's (STO:VBG B) Profits Appear To Have Quality Issues
Apr 09VBG Group (STO:VBG B) Is Increasing Its Dividend To SEK5.50
Apr 05Slowing Rates Of Return At VBG Group (STO:VBG B) Leave Little Room For Excitement
Feb 24VBG Group (STO:VBG B) Is Increasing Its Dividend To SEK5.50
Feb 24VBG Group (STO:VBG B) Is Paying Out A Larger Dividend Than Last Year
Apr 28VBG Group's (STO:VBG B) Dividend Will Be Increased To kr5.00
Mar 30VBG Group's (STO:VBG B) Upcoming Dividend Will Be Larger Than Last Year's
Feb 27These 4 Measures Indicate That VBG Group (STO:VBG B) Is Using Debt Reasonably Well
Jun 02A Look At The Fair Value Of VBG Group AB (publ) (STO:VBG B)
Apr 06VBG Group's (STO:VBG B) Returns On Capital Not Reflecting Well On The Business
Mar 24What To Know Before Buying VBG Group AB (publ) (STO:VBG B) For Its Dividend
Mar 12Anders Erkén Is The Executive VP & Division Manager of Truck & Trailer Equipment of VBG Group AB (publ) (STO:VBG B) And They Just Picked Up 74% More Shares
Feb 28Shareholders Of VBG Group (STO:VBG B) Must Be Happy With Their 151% Total Return
Feb 24Is VBG Group (STO:VBG B) A Risky Investment?
Feb 09CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2025 | n/a | n/a | SEK 507m |
| Dec 31 2024 | n/a | n/a | SEK 588m |
| Sep 30 2024 | n/a | n/a | SEK 605m |
| Jun 30 2024 | n/a | n/a | SEK 652m |
| Mar 31 2024 | n/a | n/a | SEK 622m |
| Dec 31 2023 | SEK 7m | SEK 4m | SEK 569m |
| Sep 30 2023 | n/a | n/a | SEK 530m |
| Jun 30 2023 | n/a | n/a | SEK 434m |
| Mar 31 2023 | n/a | n/a | SEK 396m |
| Dec 31 2022 | SEK 6m | SEK 3m | SEK 368m |
| Sep 30 2022 | n/a | n/a | SEK 336m |
| Jun 30 2022 | n/a | n/a | SEK 355m |
| Mar 31 2022 | n/a | n/a | SEK 348m |
| Dec 31 2021 | SEK 6m | SEK 3m | SEK 337m |
| Sep 30 2021 | n/a | n/a | SEK 330m |
| Jun 30 2021 | n/a | n/a | SEK 322m |
| Mar 31 2021 | n/a | n/a | SEK 250m |
| Dec 31 2020 | SEK 5m | SEK 3m | SEK 227m |
Compensation vs Market: Anders's total compensation ($USD748.33K) is about average for companies of similar size in the Swedish market ($USD777.28K).
Compensation vs Earnings: Anders's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Anders Erkén (60 yo)
2.3yrs
Tenure
SEK 7,230,000
Compensation
Mr. Anders Erkén, M.Sc. Eng, serves as President & Chief Executive Officer at VBG Group AB (publ) since January 01, 2023 and serves as Director since 2023 and served as its Division Manager of Truck & Trai...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.3yrs | SEK 7.23m | 0.038% SEK 2.6m | |
| CFO, Director of Investor Relations & IT | 5.3yrs | no data | 0.011% SEK 715.8k | |
| Group Account Manager | no data | no data | no data | |
| Group Communication Manager | no data | no data | no data | |
| EVP of Corporate Responsibility & Group HR and Group Privacy Officer | no data | no data | no data | |
| Division CEO of Mobile Climate Control | 2.3yrs | no data | no data | |
| Group CIO | no data | no data | no data | |
| CEO of Truck & Trailer Equipment (TTE) | less than a year | no data | no data |
2.3yrs
Average Tenure
59yo
Average Age
Experienced Management: VBG B's management team is considered experienced (2.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.3yrs | SEK 7.23m | 0.038% SEK 2.6m | |
| Independent Director | 14.3yrs | SEK 285.00k | 0.0044% SEK 292.4k | |
| Independent Director | 5.1yrs | SEK 375.00k | 0.0080% SEK 531.7k | |
| Chairman | 1yr | SEK 142.00k | 0.0041% SEK 270.5k | |
| Independent Director | 7.1yrs | SEK 310.00k | no data | |
| Employee Representative Deputy Director | 15.3yrs | no data | no data | |
| Employee Representative Director | 14.3yrs | no data | no data | |
| Independent Director | 11.3yrs | SEK 285.00k | no data | |
| Employee Representative Director | 3.3yrs | no data | 0.0024% SEK 159.5k |
7.1yrs
Average Tenure
60yo
Average Age
Experienced Board: VBG B's board of directors are considered experienced (7.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/08 22:26 |
| End of Day Share Price | 2025/05/08 00:00 |
| Earnings | 2025/03/31 |
| 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 |
| |
| 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
VBG Group AB (publ) is covered by 3 analysts. 1 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 |
|---|---|
| Ofelia Aspemyr | ABG Sundal Collier Sponsored |
| Carl Gustafsson | Danske Bank |
| Gustav Berneblad | Nordea Markets |