Alvotech Management
Management criteria checks 3/4
We currently do not have sufficient information about the CEO.
Key information
Robert Wessman
Chief executive officer
US$2.3m
Total compensation
| CEO salary percentage | 93.67% |
| CEO tenure | 2.3yrs |
| CEO ownership | n/a |
| Management average tenure | 2yrs |
| Board average tenure | 3.9yrs |
Recent management updates
No updates
Recent updates
No updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2025 | n/a | n/a | US$97m |
| Dec 31 2024 | US$2m | US$2m | -US$232m |
| Sep 30 2024 | n/a | n/a | -US$441m |
| Jun 30 2024 | n/a | n/a | -US$618m |
| Mar 31 2024 | n/a | n/a | -US$494m |
| Dec 31 2023 | US$2m | US$1m | -US$552m |
| Sep 30 2023 | n/a | n/a | -US$596m |
| Jun 30 2023 | n/a | n/a | -US$416m |
| Mar 31 2023 | n/a | n/a | -US$713m |
| Dec 31 2022 | US$740k | n/a | -US$514m |
Compensation vs Market: Robert's total compensation ($USD2.32M) is above average for companies of similar size in the Swedish market ($USD1.24M).
Compensation vs Earnings: Robert's compensation has been consistent with company performance over the past year.
CEO
Robert Wessman (54 yo)
Mr. Robert Wessman serves as Chief Executive Officer of Alvotech since January 1, 2023. He Founded Alvotech in 2013 and serves as its Executive Chairman and Member of the Board of Directors since January 2...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, Founder & Executive Chairman | 2.3yrs | US$2.32m | no data | |
| COO & Director | 1.7yrs | no data | 0% SEK 0 | |
| Chief Financial Officer | 5.3yrs | no data | 0.032% SEK 9.1m | |
| Chief Technical Officer | no data | no data | no data | |
| Chief Scientific Officer | 5.6yrs | no data | 0.051% SEK 14.4m | |
| VP of Investor Relations and Global Communications | no data | no data | no data | |
| General Counsel | 2.3yrs | no data | 0% SEK 0 | |
| Vice President of People & Culture | 1.1yrs | no data | no data | |
| Chief Commercial Officer | 6.8yrs | no data | no data | |
| Chief Regulatory Affairs Officer | 1.3yrs | no data | no data | |
| Chief Quality Officer | less than a year | no data | no data | |
| Chief Strategy Officer | less than a year | no data | no data |
Experienced Management: ALVO SDB's management team is considered experienced (2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, Founder & Executive Chairman | 6.3yrs | US$2.32m | no data | |
| COO & Director | 4.9yrs | no data | 0% SEK 0 | |
| Director | no data | US$41.00k | 0.00078% SEK 220.5k | |
| Independent Non-Executive Director | 2.9yrs | US$275.00k | 0.0070% SEK 2.0m | |
| Non-Executive Director | 2.9yrs | US$251.00k | 0.0070% SEK 2.0m | |
| Non-Executive Director | 6.3yrs | no data | no data | |
| Non-Executive Director | 2.9yrs | no data | no data | |
| Independent Non-Executive Deputy Chairman | 6.3yrs | US$339.00k | 0.36% SEK 101.7m | |
| Independent Non-Executive Director | 2.9yrs | US$295.00k | 0.0070% SEK 2.0m |
Experienced Board: ALVO SDB's board of directors are considered experienced (3.9 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/21 23:20 |
| End of Day Share Price | 2025/05/21 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Alvotech is covered by 7 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Andrew Baum | Citigroup Inc |
| Peter Verdult | Citigroup Inc |
| Emmanuel Papadakis | Deutsche Bank |