VBG Group Management
Management criteria checks 2/4
VBG Group's CEO is Anders Erkén, appointed in Jan 2023, has a tenure of 1.83 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 SEK2.74M. The average tenure of the management team and the board of directors is 1.8 years and 6.6 years respectively.
Key information
Anders Erkén
Chief executive officer
SEK 7.2m
Total compensation
| CEO salary percentage | 50.5% |
| CEO tenure | 1.8yrs |
| CEO ownership | 0.04% |
| Management average tenure | 1.8yrs |
| Board average tenure | 6.6yrs |
Recent management updates
Recent updates
Returns Are Gaining Momentum At VBG Group (STO:VBG B)
Sep 09
A 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 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 08CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 ($USD661.77K) is about average for companies of similar size in the Swedish market ($USD779.26K).
Compensation vs Earnings: Anders's compensation has increased by more than 20% in the past year.
CEO
Anders Erkén (60 yo)
1.8yrs
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 | 1.8yrs | SEK 7.23m | 0.038% SEK 2.7m | |
| CFO, Director of Investor Relations & IT | 4.8yrs | no data | 0.011% SEK 765.4k | |
| 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 | 1.8yrs | no data | no data | |
| Group CIO | no data | no data | no data |
1.8yrs
Average Tenure
59yo
Average Age
Experienced Management: VBG B's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.8yrs | SEK 7.23m | 0.038% SEK 2.7m | |
| Independent Director | 13.8yrs | SEK 285.00k | 0.0044% SEK 313.0k | |
| Independent Director | 4.6yrs | SEK 375.00k | 0.0080% SEK 569.1k | |
| Chairman | less than a year | SEK 142.00k | 0.0041% SEK 289.5k | |
| Independent Director | 6.6yrs | SEK 310.00k | no data | |
| Employee Representative Deputy Director | 14.8yrs | no data | no data | |
| Employee Representative Director | 13.8yrs | no data | no data | |
| Independent Director | 10.8yrs | SEK 285.00k | no data | |
| Employee Representative Director | 2.8yrs | no data | 0.0024% SEK 170.7k |
6.6yrs
Average Tenure
60yo
Average Age
Experienced Board: VBG B's board of directors are considered experienced (6.6 years average tenure).