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
An Intrinsic Calculation For Essity AB (publ) (STO:ESSITY B) Suggests It's 50% Undervalued
Oct 04
Investor Optimism Abounds Essity AB (publ) (STO:ESSITY B) But Growth Is Lacking
Sep 21If EPS Growth Is Important To You, Essity (STO:ESSITY B) Presents An Opportunity
Sep 06Does Essity (STO:ESSITY B) Have A Healthy Balance Sheet?
Aug 21Returns At Essity (STO:ESSITY B) Are On The Way Up
Jun 26Essity AB (publ)'s (STO:ESSITY B) Share Price Matching Investor Opinion
Jun 08Does Essity (STO:ESSITY B) Have A Healthy Balance Sheet?
Apr 22Is 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 20CEO 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 ($USD3.19M) is about average for companies of similar size in the Swedish market ($USD2.52M).
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 B'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 B's board of directors are considered experienced (6.6 years average tenure).