VBG Group Management
Management criteria checks 3/4
VBG Group's CEO is Anders Erkén, appointed in Jan 2023, has a tenure of 1.33 years. total yearly compensation is SEK5.64M, comprised of 51.4% salary and 48.6% bonuses, including company stock and options. directly owns 0.035% of the company’s shares, worth SEK3.36M. The average tenure of the management team and the board of directors is 1.3 years and 11.8 years respectively.
Key information
Anders Erkén
Chief executive officer
kr5.6m
Total compensation
| CEO salary percentage | 51.4% |
| CEO tenure | 1.3yrs |
| CEO ownership | 0.04% |
| Management average tenure | 1.3yrs |
| Board average tenure | 11.8yrs |
Recent management updates
Recent updates
Return Trends At VBG Group (STO:VBG B) Aren't Appealing
Apr 16
VBG 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 09What Kind Of Investors Own Most Of VBG Group AB (publ) (STO:VBG B)?
Jan 22
VBG Group AB (publ)'s (STO:VBG B) Stock Is Going Strong: Is the Market Following Fundamentals?
Jan 07Is VBG Group (STO:VBG B) Likely To Turn Things Around?
Dec 23How Much Did VBG Group's (STO:VBG B) CEO Pocket Last Year?
Dec 08Did VBG Group AB (publ) (STO:VBG B) Insiders Buy Up More Shares?
Nov 25CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | kr622m |
| Dec 31 2023 | n/a | n/a | kr569m |
| Sep 30 2023 | n/a | n/a | kr530m |
| Jun 30 2023 | n/a | n/a | kr434m |
| Mar 31 2023 | n/a | n/a | kr396m |
| Dec 31 2022 | kr6m | kr3m | kr368m |
| Sep 30 2022 | n/a | n/a | kr336m |
| Jun 30 2022 | n/a | n/a | kr355m |
| Mar 31 2022 | n/a | n/a | kr348m |
| Dec 31 2021 | kr6m | kr3m | kr337m |
| Sep 30 2021 | n/a | n/a | kr330m |
| Jun 30 2021 | n/a | n/a | kr322m |
| Mar 31 2021 | n/a | n/a | kr250m |
| Dec 31 2020 | kr5m | kr3m | kr227m |
Compensation vs Market: Anders's total compensation ($USD522.03K) is below average for companies of similar size in the Swedish market ($USD804.39K).
Compensation vs Earnings: Anders's compensation has been consistent with company performance over the past year.
CEO
Anders Erkén (59 yo)
1.3yrs
Tenure
kr5,641,000
Compensation
Mr. Anders Erkén, M.Sc. Eng, serves as President & Chief Executive Officer at VBG Group AB since January 01, 2023 and served as its Division Manager of Truck & Trailer Equipment until January 01, 2023 and...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & CEO | 1.3yrs | kr5.64m | 0.035% SEK 3.4m | |
| CFO, Director of Investor Relations & IT | 4.3yrs | no data | 0.011% SEK 1.0m | |
| Group Account Manager | no data | no data | no data | |
| Group Communication Manager | no data | no data | no data | |
| EVP of Corporate Responsibility | no data | no data | no data | |
| Division CEO of Mobile Climate Control | 1.3yrs | no data | no data | |
| Group CIO | no data | no data | no data |
1.3yrs
Average Tenure
58yo
Average Age
Experienced Management: VBG B's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 13.3yrs | kr280.00k | 0.0044% SEK 420.3k | |
| Independent Chairman of the Board | 20.3yrs | kr755.00k | 0.0040% SEK 382.1k | |
| Independent Director | 4.1yrs | kr370.00k | 0.0080% SEK 764.1k | |
| Independent Director | 6.1yrs | kr305.00k | no data | |
| Deputy Director | 14.3yrs | no data | no data | |
| Employee Representative Director | 13.3yrs | no data | no data | |
| Independent Director | 10.3yrs | kr280.00k | no data | |
| Employee Representative Director | 8.3yrs | no data | no data | |
| Employee Representative Director | no data | no data | 0.0024% SEK 229.2k |
11.8yrs
Average Tenure
63yo
Average Age
Experienced Board: VBG B's board of directors are seasoned and experienced ( 11.8 years average tenure).