Essity Management
Management criteria checks 4/4
Essity's CEO is Magnus Groth, appointed in Jan 2017, has a tenure of 7.33 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 SEK26.86M. The average tenure of the management team and the board of directors is 7.3 years and 6.1 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 | 6.1yrs |
Recent management updates
Recent updates
Does Essity (STO:ESSITY B) Have A Healthy Balance Sheet?
Apr 22
Is There An Opportunity With Essity AB (publ)'s (STO:ESSITY B) 46% Undervaluation?
Apr 01Shareholders Will Likely Find Essity AB (publ)'s (STO:ESSITY B) CEO Compensation Acceptable
Mar 15Returns Are Gaining Momentum At Essity (STO:ESSITY B)
Mar 05We Like Essity's (STO:ESSITY B) Earnings For More Than Just Statutory Profit
Feb 01Essity AB (publ) Recorded A 12% Miss On Revenue: Analysts Are Revisiting Their Models
Jan 28Is Essity (STO:ESSITY B) A Risky Investment?
Jan 14Essity AB (publ)'s (STO:ESSITY B) Subdued P/E Might Signal An Opportunity
Dec 27Essity (STO:ESSITY B) Has More To Do To Multiply In Value Going Forward
Nov 20Does Essity (STO:ESSITY B) Have A Healthy Balance Sheet?
Oct 15Essity (STO:ESSITY B) Has Some Way To Go To Become A Multi-Bagger
Aug 16Is Essity (STO:ESSITY B) Using Too Much Debt?
Jul 03Slowing Rates Of Return At Essity (STO:ESSITY B) Leave Little Room For Excitement
May 18Are Investors Undervaluing Essity AB (publ) (STO:ESSITY B) By 49%?
Apr 09Here's Why Essity AB (publ)'s (STO:ESSITY B) CEO May Have Their Pay Bumped Up
Mar 23Essity (STO:ESSITY B) Has A Somewhat Strained Balance Sheet
Mar 05Essity (STO:ESSITY B) Will Pay A Larger Dividend Than Last Year At SEK7.25
Feb 17Essity (STO:ESSITY B) Is Paying Out A Larger Dividend Than Last Year
Jan 29Are Investors Undervaluing Essity AB (publ) (STO:ESSITY B) By 48%?
Dec 28Essity (STO:ESSITY B) Takes On Some Risk With Its Use Of Debt
Nov 14Returns On Capital Signal Tricky Times Ahead For Essity (STO:ESSITY B)
Sep 15Essity's (STO:ESSITY B) Conservative Accounting Might Explain Soft Earnings
Jul 29These 4 Measures Indicate That Essity (STO:ESSITY B) Is Using Debt Extensively
Jul 25Returns On Capital Signal Tricky Times Ahead For Essity (STO:ESSITY B)
Jun 05Does Essity (STO:ESSITY B) Have A Healthy Balance Sheet?
Apr 20Here's Why Essity AB (publ)'s (STO:ESSITY B) CEO Compensation Is The Least Of Shareholders Concerns
Mar 17Essity (STO:ESSITY B) Might Be Having Difficulty Using Its Capital Effectively
Mar 02Essity's (STO:ESSITY B) Shareholders Will Receive A Bigger Dividend Than Last Year
Feb 13Essity (STO:ESSITY B) Has Announced That It Will Be Increasing Its Dividend To kr7.00
Jan 29Is There An Opportunity With Essity AB (publ)'s (STO:ESSITY B) 48% Undervaluation?
Jan 12CEO Compensation Analysis
| 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 ($USD3.26M) is about average for companies of similar size in the Swedish market ($USD3.11M).
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 |
|---|---|---|---|---|
| President | 7.3yrs | kr35.27m | 0.014% SEK 26.9m | |
| CFO, Executive VP & Head of Group Function Finance | 7.3yrs | kr18.29m | 0.0062% SEK 12.0m | |
| Chief Digital & Information Officer | less than a year | no data | no data | |
| VP & Head of Investor Relations | less than a year | no data | no data | |
| Chief Group Function Legal Affairs & Compliance | 12.3yrs | no data | 0.0053% SEK 10.3m | |
| Chief Communication Officer | less than a year | no data | 0.00010% SEK 194.5k | |
| Chief Human Resource Officer | 9.3yrs | no data | no data | |
| President of Consumer Goods EMEA | 9.3yrs | no data | 0.0028% SEK 5.4m | |
| President of Professional Hygiene | 8.3yrs | no data | 0.0033% SEK 6.3m | |
| President of Global Supply Chain | no data | no data | 0.0020% SEK 3.8m | |
| President of Health & Medical Solutions | no data | no data | 0.0055% SEK 10.7m | |
| President of the Global Brand | 5.5yrs | no data | 0.0022% SEK 4.2m |
7.3yrs
Average Tenure
54yo
Average Age
Experienced Management: ESSITY B's management team is seasoned and experienced (7.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 8.3yrs | kr35.27m | 0.014% SEK 26.9m | |
| Independent Chairman of the Board | 1.2yrs | kr1.48m | 0.0016% SEK 3.2m | |
| Independent Director | 8.3yrs | kr1.43m | 0.0052% SEK 10.2m | |
| Independent Director | 8.3yrs | kr875.00k | 0.00073% SEK 1.4m | |
| Independent Director | 8.3yrs | kr1.43m | 0.00014% SEK 272.3k | |
| Employee Representative Director | 7.3yrs | no data | 0.000020% SEK 38.9k | |
| Independent Director | 3.2yrs | kr1.18m | 0.0012% SEK 2.4m | |
| Director | less than a year | no data | no data | |
| Independent Director | 1.2yrs | kr875.00k | no data | |
| Independent Director | 8.3yrs | kr1.18m | no data | |
| Employee Representative Director | 4.8yrs | no data | 0.000020% SEK 38.9k | |
| Representative Director | less than a year | no data | no data |
6.1yrs
Average Tenure
59yo
Average Age
Experienced Board: ESSITY B's board of directors are considered experienced (6.1 years average tenure).