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 6.5 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 SEK15.31M. The average tenure of the management team and the board of directors is 4.6 years and 4.1 years respectively.
Key information
Johan Westman
Chief executive officer
SEK 27.6m
Total compensation
| CEO salary percentage | 39.5% |
| CEO tenure | 6.5yrs |
| CEO ownership | 0.02% |
| Management average tenure | 4.6yrs |
| Board average tenure | 4.1yrs |
Recent management updates
Recent updates
Estimating The Fair Value Of AAK AB (publ.) (STO:AAK)
Nov 25
Unpleasant Surprises Could Be In Store For AAK AB (publ.)'s (STO:AAK) Shares
Nov 10AAK AB (publ.) (STO:AAK) Just Released Its Third-Quarter Earnings: Here's What Analysts Think
Oct 27Does AAK AB (publ.) (STO:AAK) Deserve A Spot On Your Watchlist?
Oct 14We Think AAK AB (publ.) (STO:AAK) Might Have The DNA Of A Multi-Bagger
Sep 15We Think AAK AB (publ.) (STO:AAK) Can Stay On Top Of Its Debt
Aug 05Analysts Have Made A Financial Statement On AAK AB (publ.)'s (STO:AAK) Second-Quarter Report
Jul 21Estimating The Fair Value Of AAK AB (publ.) (STO:AAK)
Jul 18Some Confidence Is Lacking In AAK AB (publ.)'s (STO:AAK) P/E
Jul 05Here's Why AAK AB (publ.) (STO:AAK) Has Caught The Eye Of Investors
Jun 06Investors Will Want AAK AB (publ.)'s (STO:AAK) Growth In ROCE To Persist
May 22Increases to AAK AB (publ.)'s (STO:AAK) CEO Compensation Might Cool off for now
May 02AAK AB (publ.) (STO:AAK) Will Pay A Larger Dividend Than Last Year At SEK3.70
Apr 26AAK AB (publ.) (STO:AAK) Seems To Use Debt Quite Sensibly
Apr 13AAK 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 05CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | SEK 3b |
| Jun 30 2024 | n/a | n/a | SEK 3b |
| Mar 31 2024 | n/a | n/a | SEK 3b |
| Dec 31 2023 | SEK 28m | SEK 11m | SEK 3b |
| Sep 30 2023 | n/a | n/a | SEK 3b |
| Jun 30 2023 | n/a | n/a | SEK 2b |
| Mar 31 2023 | n/a | n/a | SEK 2b |
| Dec 31 2022 | SEK 29m | SEK 11m | SEK 2b |
| Sep 30 2022 | n/a | n/a | SEK 2b |
| Jun 30 2022 | n/a | n/a | SEK 2b |
| Mar 31 2022 | n/a | n/a | SEK 2b |
| Dec 31 2021 | SEK 22m | SEK 9m | SEK 1b |
| Sep 30 2021 | n/a | n/a | SEK 1b |
| Jun 30 2021 | n/a | n/a | SEK 1b |
| Mar 31 2021 | n/a | n/a | SEK 2b |
| Dec 31 2020 | SEK 15m | SEK 9m | SEK 2b |
| Sep 30 2020 | n/a | n/a | SEK 2b |
| Jun 30 2020 | n/a | n/a | SEK 1b |
| Mar 31 2020 | n/a | n/a | SEK 2b |
| Dec 31 2019 | SEK 19m | SEK 8m | SEK 1b |
| Sep 30 2019 | n/a | n/a | SEK 1b |
| Jun 30 2019 | n/a | n/a | SEK 1b |
| Mar 31 2019 | n/a | n/a | SEK 1b |
| Dec 31 2018 | SEK 14m | SEK 6m | SEK 1b |
Compensation vs Market: Johan's total compensation ($USD2.51M) is about average for companies of similar size in the Swedish market ($USD2.20M).
Compensation vs Earnings: Johan's compensation has been consistent with company performance over the past year.
CEO
Johan Westman (51 yo)
6.5yrs
Tenure
SEK 27,611,156
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 | 6.5yrs | SEK 27.61m | 0.021% SEK 15.3m | |
| VP & CFO | 3.5yrs | 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 68.1m | |
| President of Global Sourcing | no data | no data | no data | |
| President of AAK AMEA & Global People and VP | 4.6yrs | no data | no data | |
| President of AAK Europe & Strategic Accounts and VP | 2.7yrs | no data | 0.00058% SEK 426.9k | |
| Secretary of the Board | 6.5yrs | SEK 900.00k | no data | |
| President of Commercial Development | no data | no data | no data | |
| Group Controller | no data | no data | no data |
4.6yrs
Average Tenure
56yo
Average Age
Experienced Management: AAK's management team is considered experienced (4.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 1.5yrs | SEK 440.00k | no data | |
| Director | 1.5yrs | SEK 690.00k | 0.00062% SEK 456.4k | |
| Independent Chairman | 5.5yrs | SEK 988.50k | 0.0014% SEK 1.1m | |
| Director | 11.5yrs | SEK 615.00k | no data | |
| Independent Director | 1.5yrs | SEK 440.00k | no data | |
| Deputy Director | 7.5yrs | no data | no data | |
| Employee Representative Director | 6.8yrs | no data | no data | |
| Deputy Director | no data | no data | no data | |
| Employee Representative Director | 2.8yrs | no data | no data |
4.1yrs
Average Tenure
61yo
Average Age
Experienced Board: AAK's board of directors are considered experienced (4.1 years average tenure).