AAK AB (publ.) Management
Management criteria checks 4/4
AAK AB (publ.)'s CEO is Johan Westman, appointed in May 2018, has a tenure of 5.92 years. total yearly compensation is SEK27.61M, comprised of 39.5% salary and 60.5% bonuses, including company stock and options. directly owns 0.021% of the company’s shares, worth SEK13.97M. The average tenure of the management team and the board of directors is 4 years and 4.9 years respectively.
Key information
Johan Westman
Chief executive officer
kr27.6m
Total compensation
| CEO salary percentage | 39.5% |
| CEO tenure | 5.9yrs |
| CEO ownership | 0.02% |
| Management average tenure | 4yrs |
| Board average tenure | 4.9yrs |
Recent management updates
Recent updates
AAK AB (publ.) (STO:AAK) Seems To Use Debt Quite Sensibly
Apr 13
AAK AB (publ.) (STO:AAK) Is Increasing Its Dividend To SEK3.70
Mar 29Unpleasant Surprises Could Be In Store For AAK AB (publ.)'s (STO:AAK) Shares
Mar 25Estimating The Fair Value Of AAK AB (publ.) (STO:AAK)
Mar 12AAK AB (publ.) (STO:AAK) Is Increasing Its Dividend To SEK3.70
Feb 27AAK AB (publ.) Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Feb 10Is AAK AB (publ.) (STO:AAK) Using Too Much Debt?
Jan 09AAK AB (publ.)'s (STO:AAK) Business Is Yet to Catch Up With Its Share Price
Dec 25Returns On Capital At AAK AB (publ.) (STO:AAK) Have Stalled
Dec 11Here's Why AAK AB (publ.) (STO:AAK) Has Caught The Eye Of Investors
Nov 27AAK AB (publ.) (STO:AAK) Shares Could Be 29% Above Their Intrinsic Value Estimate
Oct 31AAK AB (publ.) (STO:AAK) Seems To Use Debt Quite Sensibly
Sep 13Returns On Capital At AAK AB (publ.) (STO:AAK) Have Hit The Brakes
Aug 22AAK AB (publ.)'s (STO:AAK) Intrinsic Value Is Potentially 19% Below Its Share Price
Jul 19Is AAK AB (publ.) (STO:AAK) Using Too Much Debt?
May 25Investors Could Be Concerned With AAK AB (publ.)'s (STO:AAK) Returns On Capital
May 05Does This Valuation Of AAK AB (publ.) (STO:AAK) Imply Investors Are Overpaying?
Mar 15Is AAK AB (publ.) (STO:AAK) Using Too Much Debt?
Feb 08Investors Met With Slowing Returns on Capital At AAK AB (publ.) (STO:AAK)
Jan 20AAK AB (publ.)'s (STO:AAK) Intrinsic Value Is Potentially 18% Below Its Share Price
Dec 13AAK AB (publ.) (STO:AAK) Seems To Use Debt Quite Sensibly
Oct 21Return Trends At AAK AB (publ.) (STO:AAK) Aren't Appealing
Oct 02Is AAK AB (publ.) (STO:AAK) Worth kr159 Based On Its Intrinsic Value?
Sep 02AAK AB (publ.)'s (STO:AAK) Profits Appear To Have Quality Issues
Jul 27Here's Why AAK AB (publ.) (STO:AAK) Can Manage Its Debt Responsibly
Jul 07The Returns At AAK AB (publ.) (STO:AAK) Aren't Growing
Jun 22Return Trends At AAK AB (publ.) (STO:AAK) Aren't Appealing
Mar 06These 4 Measures Indicate That AAK AB (publ.) (STO:AAK) Is Using Debt Reasonably Well
Feb 20AAK AB (publ.) (STO:AAK) Is Increasing Its Dividend To kr5.50
Feb 07Calculating The Intrinsic Value Of AAK AB (publ.) (STO:AAK)
Jan 06Returns On Capital At AAK AB (publ.) (STO:AAK) Have Stalled
Nov 28These 4 Measures Indicate That AAK AB (publ.) (STO:AAK) Is Using Debt Reasonably Well
Nov 14Calculating The Fair Value Of AAK AB (publ.) (STO:AAK)
Oct 05Here's What To Make Of AAK AB (publ.)'s (STO:AAK) Decelerating Rates Of Return
Aug 19These 4 Measures Indicate That AAK AB (publ.) (STO:AAK) Is Using Debt Reasonably Well
Jul 27A Look At The Fair Value Of AAK AB (publ.) (STO:AAK)
Jun 30Returns On Capital At AAK AB (publ.) (STO:AAK) Have Stalled
May 17Is AAK AB (publ.) (STO:AAK) Using Too Much Debt?
Apr 28Do AAK AB (publ.)'s (STO:AAK) Earnings Warrant Your Attention?
Mar 27Did You Miss AAK AB (publ.)'s (STO:AAK) 80% Share Price Gain?
Mar 14What Type Of Shareholders Make Up AAK AB (publ.)'s (STO:AAK) Share Registry?
Feb 27Has AAK AB (publ.) (STO:AAK) Got What It Takes To Become A Multi-Bagger?
Feb 14AAK AB (publ.) (STO:AAK) Shares Could Be 24% Above Their Intrinsic Value Estimate
Jan 31CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | kr28m | kr11m | kr3b |
| Sep 30 2023 | n/a | n/a | kr3b |
| Jun 30 2023 | n/a | n/a | kr2b |
| Mar 31 2023 | n/a | n/a | kr2b |
| Dec 31 2022 | kr29m | kr11m | kr2b |
| Sep 30 2022 | n/a | n/a | kr2b |
| Jun 30 2022 | n/a | n/a | kr2b |
| Mar 31 2022 | n/a | n/a | kr2b |
| Dec 31 2021 | kr22m | kr9m | kr1b |
| Sep 30 2021 | n/a | n/a | kr1b |
| Jun 30 2021 | n/a | n/a | kr1b |
| Mar 31 2021 | n/a | n/a | kr2b |
| Dec 31 2020 | kr15m | kr9m | kr2b |
| Sep 30 2020 | n/a | n/a | kr2b |
| Jun 30 2020 | n/a | n/a | kr1b |
| Mar 31 2020 | n/a | n/a | kr2b |
| Dec 31 2019 | kr19m | kr8m | kr1b |
| Sep 30 2019 | n/a | n/a | kr1b |
| Jun 30 2019 | n/a | n/a | kr1b |
| Mar 31 2019 | n/a | n/a | kr1b |
| Dec 31 2018 | kr14m | kr6m | kr1b |
Compensation vs Market: Johan's total compensation ($USD2.53M) is about average for companies of similar size in the Swedish market ($USD2.32M).
Compensation vs Earnings: Johan's compensation has been consistent with company performance over the past year.
CEO
Johan Westman (50 yo)
5.9yrs
Tenure
kr27,611,156
Compensation
Mr. Johan Westman has been the President and Chief Executive Officer of AAK AB (publ.) since May 2, 2018. He is Independent Director of Thule Group AB (publ) from April 26, 2022. Mr. Westman joined AAK AB...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & CEO | 5.9yrs | kr27.61m | 0.021% SEK 14.0m | |
| VP & CFO | 2.9yrs | no data | no data | |
| President of Global Operations & VP | no data | no data | no data | |
| Head of IR | no data | no data | no data | |
| President of AAK Americas & VP | no data | no data | 0.092% SEK 62.1m | |
| President of Global Sourcing | no data | no data | no data | |
| President of AAK AMEA & Global People and VP | 4yrs | no data | no data | |
| President of AAK Europe & Strategic Accounts and VP | 2.1yrs | no data | 0.00058% SEK 389.6k | |
| Secretary of the Board | 5.9yrs | kr900.00k | no data | |
| President of Commercial Development | no data | no data | no data | |
| Group Controller | no data | no data | no data |
4.0yrs
Average Tenure
55yo
Average Age
Experienced Management: AAK's management team is considered experienced (4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | less than a year | kr440.00k | no data | |
| Director | less than a year | kr690.00k | no data | |
| Independent Chairman | 4.9yrs | kr988.50k | 0.0014% SEK 960.6k | |
| Director | 10.9yrs | kr615.00k | no data | |
| Independent Director | less than a year | kr440.00k | no data | |
| Independent Director | 8.9yrs | kr440.00k | no data | |
| Deputy Director | 6.9yrs | no data | no data | |
| Employee Representative Director | 6.3yrs | no data | no data | |
| Deputy Director | no data | no data | no data | |
| Employee Representative Director | 2.2yrs | no data | no data |
4.9yrs
Average Tenure
57.5yo
Average Age
Experienced Board: AAK's board of directors are considered experienced (4.9 years average tenure).