Boliden Management

Management criteria checks 4/4

Boliden's CEO is Mikael Staffas, appointed in Jun 2018, has a tenure of 6.42 years. total yearly compensation is SEK15.52M, comprised of 64% salary and 36% bonuses, including company stock and options. directly owns 0.014% of the company’s shares, worth SEK12.79M. The average tenure of the management team and the board of directors is 7.4 years and 3.2 years respectively.

Key information

Mikael Staffas

Chief executive officer

SEK 15.5m

Total compensation

CEO salary percentage	64.0%
CEO tenure	6.4yrs
CEO ownership	0.01%
Management average tenure	7.4yrs
Board average tenure	3.2yrs

Recent management updates

Recent updates

Boliden AB (publ) Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year

Oct 25

Earnings Beat: Boliden AB (publ) Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Jul 24

Boliden (STO:BOL) Is Reducing Its Dividend To SEK7.50

Mar 29

Boliden (STO:BOL) Will Pay A Smaller Dividend Than Last Year

Mar 15

Boliden (STO:BOL) Is Reducing Its Dividend To SEK7.50

Mar 01

Is Boliden (STO:BOL) Using Too Much Debt?

Mar 01

Here's Why Boliden (STO:BOL) Has A Meaningful Debt Burden

Oct 19

If EPS Growth Is Important To You, Boliden (STO:BOL) Presents An Opportunity

Jun 07

These 4 Measures Indicate That Boliden (STO:BOL) Is Using Debt Reasonably Well

May 25

Boliden's (STO:BOL) Dividend Will Be Increased To SEK15.00

Apr 05

Boliden (STO:BOL) Has Some Way To Go To Become A Multi-Bagger

Mar 30

Are Investors Undervaluing Boliden AB (publ) (STO:BOL) By 43%?

Mar 17

Here's Why We Think Boliden (STO:BOL) Is Well Worth Watching

Mar 05

Boliden's (STO:BOL) Dividend Will Be Increased To SEK15.00

Feb 17

Is Boliden (STO:BOL) A Risky Investment?

Jan 17

Boliden (STO:BOL) Knows How To Allocate Capital

Dec 24

Calculating The Fair Value Of Boliden AB (publ) (STO:BOL)

Dec 12

Here's Why We Think Boliden (STO:BOL) Is Well Worth Watching

Nov 30

These 4 Measures Indicate That Boliden (STO:BOL) Is Using Debt Reasonably Well

Oct 12

Is Boliden AB (publ) (STO:BOL) Trading At A 34% Discount?

Sep 06

Should You Be Adding Boliden (STO:BOL) To Your Watchlist Today?

Aug 25

Slowing Rates Of Return At Boliden (STO:BOL) Leave Little Room For Excitement

Jul 19

Is There An Opportunity With Boliden AB (publ)'s (STO:BOL) 23% Undervaluation?

May 30

Here's Why I Think Boliden (STO:BOL) Might Deserve Your Attention Today

May 18

Boliden's (STO:BOL) Returns On Capital Are Heading Higher

Apr 20

Boliden's (STO:BOL) Upcoming Dividend Will Be Larger Than Last Year's

Apr 20

Boliden (STO:BOL) Seems To Use Debt Quite Sensibly

Nov 27

I Ran A Stock Scan For Earnings Growth And Boliden (STO:BOL) Passed With Ease

Oct 31

We Like These Underlying Return On Capital Trends At Boliden (STO:BOL)

Oct 05

CEO Compensation Analysis

How has Mikael Staffas's remuneration changed compared to Boliden's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	SEK 9b
Jun 30 2024	n/a	n/a	SEK 8b
Mar 31 2024	n/a	n/a	SEK 5b
Dec 31 2023	SEK 16m	SEK 10m	SEK 6b
Sep 30 2023	n/a	n/a	SEK 7b
Jun 30 2023	n/a	n/a	SEK 8b
Mar 31 2023	n/a	n/a	SEK 11b
Dec 31 2022	SEK 18m	SEK 10m	SEK 12b
Sep 30 2022	n/a	n/a	SEK 12b
Jun 30 2022	n/a	n/a	SEK 11b
Mar 31 2022	n/a	n/a	SEK 10b
Dec 31 2021	SEK 16m	SEK 9m	SEK 9b
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 8b
Dec 31 2020	SEK 14m	SEK 8m	SEK 7b
Sep 30 2020	n/a	n/a	SEK 6b
Jun 30 2020	n/a	n/a	SEK 5b
Mar 31 2020	n/a	n/a	SEK 5b
Dec 31 2019	SEK 14m	SEK 8m	SEK 6b
Sep 30 2019	n/a	n/a	SEK 6b
Jun 30 2019	n/a	n/a	SEK 6b
Mar 31 2019	n/a	n/a	SEK 7b
Dec 31 2018	SEK 8m	SEK 4m	SEK 7b

Compensation vs Market: Mikael's total compensation ($USD1.45M) is below average for companies of similar size in the Swedish market ($USD2.47M).

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

CEO

Mikael Staffas (59 yo)

6.4yrs

Tenure

SEK 15,523,000

Compensation

Mr. Mikael Staffas, M.Sc. Engineering, MBA, serves as Director of Kemira Oyj since March 22, 2023. He serves as President and Chief Executive Officer of Boliden AB (publ)since June 01, 2018. He was the Pre...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Mikael Staffas	President & CEO	6.4yrs	SEK 15.52m	0.014% SEK 12.8m
Håkan Gabrielsson	Executive VP & CFO	8.6yrs	no data	0.0018% SEK 1.7m
Göran Kördel	Chief Information Officer	10.5yrs	no data	no data
Olof Grenmark	Director of Investor Relations	6.7yrs	no data	no data
Klas Nilsson	Director of Group Communications	8.1yrs	no data	no data
Åsa Jackson	Executive Vice President of People & Sustainability	5.8yrs	no data	0.0012% SEK 1.2m
Stefan Romedahl	President of Business Area Mines	no data	no data	0.0016% SEK 1.5m
Daniel Peltonen	President of Business Area Smelters	no data	no data	0.0020% SEK 1.9m
Gunnar Agmalm	Head of Ore Base & Project Evaluation	no data	no data	no data

7.4yrs

Average Tenure

57yo

Average Age

Experienced Management: BOL's management team is seasoned and experienced (7.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Pia Rudengren	Independent Director	7.6yrs	SEK 930.00k	0.00037% SEK 350.3k
Karl-Henrik Sundstrom	Independent Chairman of the Board	3.6yrs	SEK 2.19m	0.0022% SEK 2.1m
Tomas Eliasson	Independent Director	2.6yrs	SEK 805.00k	0.00060% SEK 568.1k
Derek White	Independent Director	less than a year	no data	no data
Per Lindberg	Independent Director	3.6yrs	SEK 730.00k	0.00073% SEK 691.1k
Helene Bistrom	Independent Director	4.6yrs	SEK 655.00k	0.00073% SEK 691.1k
Perttu Louhiluoto	Independent Director	5.5yrs	SEK 655.00k	no data
Elisabeth Nilsson	Independent Director	9.8yrs	SEK 655.00k	0.00037% SEK 350.3k
Ola Holmström	Employee Representative Deputy Director	2.8yrs	no data	0.000060% SEK 56.8k
Jonny Johansson	Employee Representative Director	2.8yrs	no data	no data
Andreas Martensson	Employee Representative Director	2.8yrs	no data	no data
Ronnie Allzen	Employee Representative Director	1.8yrs	no data	no data

3.2yrs

Average Tenure

60.5yo

Average Age

Experienced Board: BOL's board of directors are considered experienced (3.2 years average tenure).

Boliden Management

Management criteria checks 4/4

Key information

Recent management updates

High number of new directors

High number of new and inexperienced directors

High number of new and inexperienced directors

Independent Director recently bought kr502k worth of stock

President of Boliden Smelters recently bought kr333k worth of stock

President & CEO recently bought kr940k worth of stock

Recent updates

Boliden AB (publ) Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year

Boliden AB (publ) to Report Q3, 2025 Results on Oct 22, 2025

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

Boliden AB (publ) to Report Q2, 2025 Results on Jul 18, 2025

There Are Reasons To Feel Uneasy About Boliden's (STO:BOL) Returns On Capital

Boliden AB (publ)'s (STO:BOL) Shares Lagging The Market But So Is The Business

Here's Why Boliden (STO:BOL) Has A Meaningful Debt Burden

Earnings Beat: Boliden AB (publ) Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Second quarter 2024 earnings: EPS exceeds analyst expectations

Consensus EPS estimates increase by 12%

High number of new directors

Boliden AB (publ) to Report Q1, 2025 Results on Apr 23, 2025

Boliden (STO:BOL) Is Reducing Its Dividend To SEK7.50

Boliden (STO:BOL) Will Pay A Smaller Dividend Than Last Year

Full year 2023 earnings: EPS exceeds analyst expectations

Boliden (STO:BOL) Is Reducing Its Dividend To SEK7.50

Is Boliden (STO:BOL) Using Too Much Debt?

High number of new and inexperienced directors

Boliden AB (Publ) Proposes an Ordinary Dividend

Boliden AB (publ) to Report Q4, 2024 Results on Feb 06, 2025

Boliden AB (publ) to Report Q4, 2024 Results on Feb 07, 2025

Boliden Announces Lower Throughput Due to Production Disruptions in Aitik

Boliden AB (publ) to Report Fiscal Year 2023 Final Results on Mar 06, 2024

Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Here's Why Boliden (STO:BOL) Has A Meaningful Debt Burden

High number of new and inexperienced directors

Junta de Andalucia and Boliden Announces Decision in the Financial Dispensary

Boliden Announces Production Partially Resumes At Rönnskär

Boliden AB (Publ) Provides Earnings Guidance for the Second Quarter of 2023

If EPS Growth Is Important To You, Boliden (STO:BOL) Presents An Opportunity

These 4 Measures Indicate That Boliden (STO:BOL) Is Using Debt Reasonably Well

Independent Director recently bought kr502k worth of stock

First quarter 2023 earnings: EPS and revenues miss analyst expectations

Now 25% undervalued after recent price drop

Upcoming dividend of kr15.00 per share at 6.5% yield

Boliden's (STO:BOL) Dividend Will Be Increased To SEK15.00

Boliden (STO:BOL) Has Some Way To Go To Become A Multi-Bagger

Are Investors Undervaluing Boliden AB (publ) (STO:BOL) By 43%?

Here's Why We Think Boliden (STO:BOL) Is Well Worth Watching

President of Boliden Smelters recently bought kr333k worth of stock

Boliden's (STO:BOL) Dividend Will Be Increased To SEK15.00

President & CEO recently bought kr940k worth of stock

Full year 2022 earnings released: EPS: kr45.37 (vs kr31.81 in FY 2021)

Boliden AB (Publ) Proposes Special Dividend

Boliden AB (publ) to Report Fiscal Year 2022 Results on Mar 08, 2023

Boliden AB (publ) to Report Q4, 2023 Results on Feb 14, 2024

Is Boliden (STO:BOL) A Risky Investment?

Boliden (STO:BOL) Knows How To Allocate Capital

Calculating The Fair Value Of Boliden AB (publ) (STO:BOL)

Here's Why We Think Boliden (STO:BOL) Is Well Worth Watching

High number of new and inexperienced directors

Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Boliden AB (publ) to Report Q2, 2023 Results on Jul 20, 2023

These 4 Measures Indicate That Boliden (STO:BOL) Is Using Debt Reasonably Well

Boliden AB (publ) to Report Q1, 2023 Results on Apr 25, 2023

Now 20% undervalued after recent price drop

Is Boliden AB (publ) (STO:BOL) Trading At A 34% Discount?

Should You Be Adding Boliden (STO:BOL) To Your Watchlist Today?

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

Slowing Rates Of Return At Boliden (STO:BOL) Leave Little Room For Excitement

Price target decreased to kr361

Price target decreased to kr380

Boliden to Be Deleted from Other OTC

Investor sentiment deteriorated over the past week

Is There An Opportunity With Boliden AB (publ)'s (STO:BOL) 23% Undervaluation?

Here's Why I Think Boliden (STO:BOL) Might Deserve Your Attention Today

High number of new directors

Boliden Board Approves a Special Dividend

President of Boliden Mines recently bought kr277k worth of stock