Essity Management

Management criteria checks 4/4

Essity's CEO is Magnus Groth, appointed in Jan 2017, has a tenure of 7.25 years. total yearly compensation is SEK35.27M, comprised of 48.2% salary and 51.8% bonuses, including company stock and options. directly owns 0.014% of the company’s shares, worth SEK26.99M. The average tenure of the management team and the board of directors is 7.3 years and 6 years respectively.

Key information

Magnus Groth

Chief executive officer

kr35.3m

Total compensation

CEO salary percentage	48.2%
CEO tenure	7.3yrs
CEO ownership	0.01%
Management average tenure	7.3yrs
Board average tenure	6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Magnus Groth's remuneration changed compared to Essity's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	kr9b
Dec 31 2023	kr35m	kr17m	kr9b
Sep 30 2023	n/a	n/a	kr8b
Jun 30 2023	n/a	n/a	kr8b
Mar 31 2023	n/a	n/a	kr7b
Dec 31 2022	kr38m	kr17m	kr5b
Sep 30 2022	n/a	n/a	kr5b
Jun 30 2022	n/a	n/a	kr7b
Mar 31 2022	n/a	n/a	kr7b
Dec 31 2021	kr33m	kr16m	kr7b
Sep 30 2021	n/a	n/a	kr9b
Jun 30 2021	n/a	n/a	kr9b
Mar 31 2021	n/a	n/a	kr9b
Dec 31 2020	kr27m	kr15m	kr10b
Sep 30 2020	n/a	n/a	kr10b
Jun 30 2020	n/a	n/a	kr11b
Mar 31 2020	n/a	n/a	kr11b
Dec 31 2019	kr33m	kr14m	kr9b
Sep 30 2019	n/a	n/a	kr10b
Jun 30 2019	n/a	n/a	kr8b
Mar 31 2019	n/a	n/a	kr8b
Dec 31 2018	kr26m	kr13m	kr8b
Sep 30 2018	n/a	n/a	kr7b
Jun 30 2018	n/a	n/a	kr8b
Mar 31 2018	n/a	n/a	kr8b
Dec 31 2017	kr27m	kr12m	kr8b

Compensation vs Market: Magnus's total compensation ($USD3.22M) is about average for companies of similar size in the Swedish market ($USD3.21M).

Compensation vs Earnings: Magnus's compensation has been consistent with company performance over the past year.

CEO

Magnus Groth (60 yo)

7.3yrs

Tenure

kr35,265,280

Compensation

Mr. Magnus Groth, MBA, MSc Econ, ME, has been President and Chief Executive Officer of Essity AB (publ) (formerly known as Essity Aktiebolag (publ)) since 2017 and has been its Director since 2016. He serv...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Magnus Groth	President	7.3yrs	kr35.27m	0.014% SEK 27.0m
Carl Fredrik Rystedt	CFO, Executive VP & Head of Group Function Finance	7.3yrs	kr18.29m	0.0062% SEK 11.7m
Carl-Magnus Månsson	Chief Digital & Information Officer	less than a year	no data	no data
Sandra Åberg	VP & Head of Investor Relations	less than a year	no data	no data
Mikael Schmidt	Chief Group Function Legal Affairs & Compliance	12.3yrs	no data	0.0053% SEK 10.0m
Jessica Alm	Chief Communication Officer	less than a year	no data	no data
Anna Savinger-Åslund	Chief Human Resource Officer	9.3yrs	no data	no data
Volker Zoller	President of Consumer Goods EMEA	9.3yrs	no data	0.0023% SEK 4.4m
Pablo Fuentes	President of Professional Hygiene	8.3yrs	no data	0.0021% SEK 3.9m
Donato Giorgio	President of Global Supply Chain	no data	no data	0.0014% SEK 2.6m
Ulrika Kolsrud	President of Health & Medical Solutions	no data	no data	0.0019% SEK 3.6m
Tuomas Yrjölä	President of the Global Brand	5.4yrs	no data	0.0018% SEK 3.3m

7.3yrs

Average Tenure

54yo

Average Age

Experienced Management: ESSITY A's management team is seasoned and experienced (7.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Magnus Groth	President	8.3yrs	kr35.27m	0.014% SEK 27.0m
Jan Gurander	Independent Chairman of the Board	1.1yrs	kr1.48m	0.0016% SEK 3.1m
Bert Ake Nordberg	Independent Director	8.3yrs	kr1.43m	0.0052% SEK 9.9m
Annemarie Gardshol	Independent Director	8.3yrs	kr875.00k	0.00073% SEK 1.4m
Barbara Milian Thoralfsson	Independent Director	8.3yrs	kr1.43m	0.00014% SEK 265.3k
Örjan Svensson	Employee Representative Director	7.3yrs	no data	0.000020% SEK 37.9k
Torbjorn Loof	Independent Director	3.1yrs	kr1.18m	0.0012% SEK 2.3m
Karl Åberg	Director	less than a year	no data	no data
Maria Carell	Independent Director	1.1yrs	kr875.00k	no data
Ewa Bjorling	Independent Director	8.3yrs	kr1.18m	no data
Susanna Lind	Employee Representative Director	4.8yrs	no data	0.000020% SEK 37.9k
Sofia Lafqvist	Representative Director	less than a year	no data	no data

6.0yrs

Average Tenure

59yo

Average Age

Experienced Board: ESSITY A's board of directors are considered experienced (6 years average tenure).

Essity Management

Management criteria checks 4/4

Key information

Recent management updates

Essity Aktiebolag (Publ) Announces Current Chairman of the Board, Pär Boman, Declined Re-Election

Essity Chairman Pär Boman Declines Re-Election

Essity Appoints Sandra Åberg as Head of Investor Relations, Effective September 1, 2023

Essity Announces Executive Changes

Essity Announces Executive Changes

Essity AB (Publ) Announces Resignation of Don Lewis as President of Professional Hygiene

Recent updates

Essity AB (publ) to Report Fiscal Year 2024 Results on Jan 23, 2025

Essity AB (Publ) Approves Dividend for the Fiscal Year 2023, Payable on March 28, 2024

Essity AB (publ) Proposes Dividend for the Year 2023, Payable on March 28, 2024

Essity Launches Caressa - Digital Platform to Assist Family Carers

Essity AB (publ) to Report Q4, 2023 Results on Feb 26, 2024

Essity AB (publ) to Report Nine Months, 2024 Results on Oct 24, 2024

Essity Aktiebolag (Publ) Announces Current Chairman of the Board, Pär Boman, Declined Re-Election

Essity Chairman Pär Boman Declines Re-Election

Essity Appoints Sandra Åberg as Head of Investor Relations, Effective September 1, 2023

New Technologies LLC acquired Russian operations from Essity AB (publ) (OM:ESSITY B) for SEK 1.2 billion.

Essity Announces the Launch of Sensitive Caretm Pads

An unknown buyer agreed to acquire Russian operations from Essity AB (publ) (OM:ESSITY B).

Essity Announces Executive Changes

Essity AB (publ) to Report Q3, 2023 Results on Oct 26, 2023

Essity AB (publ) Launches Issviva - A New Brand for Women+ Experiencing Menopause

Essity Announces Executive Changes

Essity AB (Publ) Announces Resignation of Don Lewis as President of Professional Hygiene

Essity AB (publ) to Report Fiscal Year 2022 Final Results on Mar 01, 2023

Essity AB (publ) (OM:ESSITY B) completed the acquisition of 80% stake in Knix Wear Inc.

Essity AB (publ) (OM:ESSITY B) agreed to acquire 80% stake in Knix Wear Inc. for approximately SEK 3.3 billion.

Essity AB (publ) (OM:ESSITY B) agreed to acquire Modibodi Pty Ltd for AUD 140 million.

Essity AB (publ) to Report Fiscal Year 2022 Results on Jan 26, 2023

Essity AB (publ) (OM:ESSITY B) acquired Legacy Converting Inc. for $50 million.

Essity AB (publ) (OM:ESSITY B) made an offer to acquire remaining 4.19% stake in Productos Familia S.A. (BVC:FAMILIA).

Essity AB (Publ) Provides Guidance for 2022

Essity AB (publ) (OM:ESSITY B) acquired Aquacast Liner Llc.

Essity Begins Tissue Production from Alternative Fibers

Essity AB (publ) (OM:ESSITY B) completed the acquisition of additional 45.8% stake in Productos Familia S.A. (BVC:FAMILIA).

Essity Launches TENA Stylish Incontinence Underwear Exclusively At Walmart

Essity Launches Libresse V-Cup

Essity's Cutimed® Sorbact® Advanced Wound Care Products Receive Innovative Technology Contract From Vizient, Inc

Essity AB (Publ) Announces Maija-Liisa Friman Is Not Available for Re-Election

Asaleo Care Reportedly Grants Limited Due Diligence to Essity

Essity AB (publ) to Report Fiscal Year 2020 Final Results on Mar 01, 2021

Essity AB (publ)'s Tork Solutions Help Manufacturers Secure the New Hygiene Standard

Essity AB (publ) (OM:ESSITY B) made a nonbinding indicative proposal to acquire remaining 63.8% stake in Asaleo Care Limited (ASX:AHY) for approximately AUD 440 million.

Essity Launches New Digital Incontinence Care Solution

Essity Launches Face Masks for Consumers and Professional Users

Essity Boosts Hand Sanitizer Capacity in Europe

Essity AB (publ) to Report Q3, 2020 Results on Oct 22, 2020

Essity AB (publ) (OM:ESSITY B) acquired NovioScan B.V. for €6.5 million.

Essity AB (publ) (OM:ESSITY B) completed the acquisition of 75% stake in ABIGO Medical AB for SEK 642 million.

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age