Essity Management
Management criteria checks 4/4
Essity's CEO is Magnus Groth, appointed in Jan 2017, has a tenure of 7.83 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 SEK29.33M. The average tenure of the management team and the board of directors is 7.8 years and 6.6 years respectively.
Key information
Magnus Groth
Chief executive officer
SEK 35.3m
Total compensation
CEO salary percentage | 48.2% |
CEO tenure | 7.8yrs |
CEO ownership | 0.01% |
Management average tenure | 7.8yrs |
Board average tenure | 6.6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Sep 30 2024 | n/a | n/a | SEK 12b |
Jun 30 2024 | n/a | n/a | SEK 10b |
Mar 31 2024 | n/a | n/a | SEK 9b |
Dec 31 2023 | SEK 35m | SEK 17m | SEK 9b |
Sep 30 2023 | n/a | n/a | SEK 8b |
Jun 30 2023 | n/a | n/a | SEK 8b |
Mar 31 2023 | n/a | n/a | SEK 7b |
Dec 31 2022 | SEK 38m | SEK 17m | SEK 5b |
Sep 30 2022 | n/a | n/a | SEK 5b |
Jun 30 2022 | n/a | n/a | SEK 7b |
Mar 31 2022 | n/a | n/a | SEK 7b |
Dec 31 2021 | SEK 33m | SEK 16m | SEK 7b |
Sep 30 2021 | n/a | n/a | SEK 9b |
Jun 30 2021 | n/a | n/a | SEK 9b |
Mar 31 2021 | n/a | n/a | SEK 9b |
Dec 31 2020 | SEK 27m | SEK 15m | SEK 10b |
Sep 30 2020 | n/a | n/a | SEK 10b |
Jun 30 2020 | n/a | n/a | SEK 11b |
Mar 31 2020 | n/a | n/a | SEK 11b |
Dec 31 2019 | SEK 33m | SEK 14m | SEK 9b |
Sep 30 2019 | n/a | n/a | SEK 10b |
Jun 30 2019 | n/a | n/a | SEK 8b |
Mar 31 2019 | n/a | n/a | SEK 8b |
Dec 31 2018 | SEK 26m | SEK 13m | SEK 8b |
Sep 30 2018 | n/a | n/a | SEK 7b |
Jun 30 2018 | n/a | n/a | SEK 8b |
Mar 31 2018 | n/a | n/a | SEK 8b |
Dec 31 2017 | SEK 27m | SEK 12m | SEK 8b |
Compensation vs Market: Magnus's total compensation ($USD3.19M) is about average for companies of similar size in the Swedish market ($USD2.53M).
Compensation vs Earnings: Magnus's compensation has been consistent with company performance over the past year.
CEO
Magnus Groth (61 yo)
7.8yrs
Tenure
SEK 35,265,280
Compensation
Mr. Magnus Groth, MBA, MSc Econ, ME, serves as Director at Wallenius Wilhelmsen ASA from 2024. He has been President and Chief Executive Officer of Essity AB (publ) (formerly known as Essity Aktiebolag (pu...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
President | 7.8yrs | SEK 35.27m | 0.014% SEK 29.3m | |
CFO, Executive VP & Head of Group Function Finance | 7.8yrs | SEK 18.29m | 0.0063% SEK 13.2m | |
Chief Digital & Information Officer | 1.5yrs | no data | 0.00023% SEK 484.2k | |
VP & Head of Investor Relations | 1.2yrs | no data | no data | |
SVP of Group Function Legal Affairs & Compliance | 12.8yrs | no data | 0.0053% SEK 11.2m | |
Chief Communication Officer | 1.3yrs | no data | 0.00010% SEK 210.5k | |
Chief Human Resource Officer | 9.8yrs | no data | no data | |
President of Consumer Goods EMEA | 9.8yrs | no data | 0.0028% SEK 5.9m | |
President of Professional Hygiene | 8.8yrs | no data | 0.0033% SEK 6.9m | |
President of Global Supply Chain | no data | no data | 0.0020% SEK 4.1m | |
President of Health & Medical Solutions | no data | no data | 0.0056% SEK 11.7m | |
President of the Global Brand | 6yrs | no data | 0.0022% SEK 4.6m |
7.8yrs
Average Tenure
55yo
Average Age
Experienced Management: ESSITY A's management team is seasoned and experienced (7.8 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
President | 8.8yrs | SEK 35.27m | 0.014% SEK 29.3m | |
Independent Chairman of the Board | 1.7yrs | SEK 1.48m | 0.0016% SEK 3.5m | |
Independent Director | 8.8yrs | SEK 1.43m | 0.0053% SEK 11.1m | |
Independent Director | 8.8yrs | SEK 875.00k | 0.00079% SEK 1.7m | |
Independent Director | 8.8yrs | SEK 1.43m | 0.00014% SEK 294.7k | |
Employee Representative Director | 7.8yrs | no data | 0.000020% SEK 42.1k | |
Independent Director | 3.7yrs | SEK 1.18m | 0.0012% SEK 2.6m | |
Independent Director | less than a year | no data | no data | |
Independent Director | 1.7yrs | SEK 875.00k | no data | |
Independent Director | 8.8yrs | SEK 1.18m | no data | |
Employee Representative Director | 5.3yrs | no data | 0.000020% SEK 42.1k | |
Representative Director | less than a year | no data | no data |
6.6yrs
Average Tenure
60yo
Average Age
Experienced Board: ESSITY A's board of directors are considered experienced (6.6 years average tenure).