VEF Management
Management criteria checks 3/4
We currently do not have sufficient information about the CEO.
Key information
Dave Nangle
Chief executive officer
US$1.2m
Total compensation
| CEO salary percentage | 45.3% |
| CEO tenure | 9.3yrs |
| CEO ownership | 2.3% |
| Management average tenure | 3.1yrs |
| Board average tenure | 6.7yrs |
Recent management updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$52m |
| Jun 30 2024 | n/a | n/a | -US$43m |
| Mar 31 2024 | n/a | n/a | US$37m |
| Dec 31 2023 | US$1m | US$546k | US$60m |
| Sep 30 2023 | n/a | n/a | -US$21m |
| Jun 30 2023 | n/a | n/a | US$40m |
| Mar 31 2023 | n/a | n/a | -US$325m |
| Dec 31 2022 | US$112k | US$47k | -US$377m |
| Sep 30 2022 | n/a | n/a | -US$108m |
| Jun 30 2022 | n/a | n/a | -US$61m |
| Mar 31 2022 | n/a | n/a | US$236m |
| Dec 31 2021 | US$1m | US$475k | US$276m |
| Sep 30 2021 | n/a | n/a | US$128m |
| Jun 30 2021 | n/a | n/a | US$121m |
| Mar 31 2021 | n/a | n/a | US$157m |
| Dec 31 2020 | US$1m | US$496k | US$79m |
| Sep 30 2020 | n/a | n/a | US$20m |
| Jun 30 2020 | n/a | n/a | -US$14m |
| Mar 31 2020 | n/a | n/a | -US$15m |
| Dec 31 2019 | US$1m | US$470k | US$49m |
| Sep 30 2019 | n/a | n/a | US$44m |
| Jun 30 2019 | n/a | n/a | US$20m |
| Mar 31 2019 | n/a | n/a | -US$8m |
| Dec 31 2018 | US$2m | US$475k | US$3m |
| Sep 30 2018 | n/a | n/a | US$18m |
| Jun 30 2018 | n/a | n/a | US$59m |
| Mar 31 2018 | n/a | n/a | US$59m |
| Dec 31 2017 | US$1m | US$506k | US$53m |
Compensation vs Market: Dave's total compensation ($USD1.20M) is above average for companies of similar size in the Swedish market ($USD453.45K).
Compensation vs Earnings: Dave's compensation has been consistent with company performance over the past year.
CEO
Dave Nangle (49 yo)
9.3yrs
Tenure
US$1,204,000
Compensation
Mr. David Francis Nangle, also known as Dave, serves as the Chief Executive Officer at VEF AB (Publ) and has been its Director since September, 1. 2015. He is Managing Director at VEF AB (Publ). Mr. Nangle...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Director | no data | US$1.20m | 2.26% SEK 51.4m | |
| Chief Financial Officer | 1.2yrs | no data | no data | |
| Chief Investment Officer | 3.9yrs | no data | 0.50% SEK 11.4m | |
| General Counsel & Head of Sustainability | 7.3yrs | no data | 0.48% SEK 10.8m | |
| Principal | 6.9yrs | no data | no data | |
| Principal | 1.8yrs | no data | no data | |
| Investment Manager | no data | no data | no data | |
| Principal | 2.3yrs | no data | no data |
3.1yrs
Average Tenure
39yo
Average Age
Experienced Management: VEFAB's management team is considered experienced (3.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Director | 9.3yrs | US$1.20m | 2.26% SEK 51.4m | |
| Independent Director | 9.9yrs | US$58.00k | 0.19% SEK 4.2m | |
| Independent Chairman of the Board | 9.9yrs | US$156.00k | 0.012% SEK 283.5k | |
| Independent Director | 3.6yrs | US$58.00k | 0.0050% SEK 113.3k | |
| Independent Board Member | 4.2yrs | US$48.00k | no data | |
| Independent Director | 1.6yrs | US$31.00k | no data |
6.7yrs
Average Tenure
52yo
Average Age
Experienced Board: VEFAB's board of directors are considered experienced (6.7 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 17:05 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
| |
| Management | 10 years |
| |
| 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 here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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 .
Analyst Sources
VEF AB (publ) is covered by 2 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 |
|---|---|
| Andrew Stimpson | Keefe, Bruyette, & Woods |
| Herman Wartoft | Pareto Securities |