Volvo Car AB (publ.) Management
Management criteria checks 4/4
Volvo Car AB (publ.)'s CEO is Jim Rowan, appointed in Mar 2022, has a tenure of 2.67 years. total yearly compensation is SEK60.37M, comprised of 26.8% salary and 73.2% bonuses, including company stock and options. directly owns 0.023% of the company’s shares, worth $1.50M. The average tenure of the management team and the board of directors is 2.4 years and 3.8 years respectively.
Key information
Jim Rowan
Chief executive officer
SEK 60.4m
Total compensation
| CEO salary percentage | 26.8% |
| CEO tenure | 2.7yrs |
| CEO ownership | 0.02% |
| Management average tenure | 2.4yrs |
| Board average tenure | 3.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | SEK 16b |
| Jun 30 2024 | n/a | n/a | SEK 15b |
| Mar 31 2024 | n/a | n/a | SEK 13b |
| Dec 31 2023 | SEK 60m | SEK 16m | SEK 13b |
| Sep 30 2023 | n/a | n/a | SEK 12b |
| Jun 30 2023 | n/a | n/a | SEK 10b |
| Mar 31 2023 | n/a | n/a | SEK 15b |
| Dec 31 2022 | SEK 58m | SEK 12m | SEK 16b |
Compensation vs Market: Jim's total compensation ($USD5.49M) is about average for companies of similar size in the US market ($USD7.74M).
Compensation vs Earnings: Jim's compensation has been consistent with company performance over the past year.
CEO
Jim Rowan (59 yo)
2.7yrs
Tenure
SEK 60,365,000
Compensation
Mr. James Rowan, also known as Jim, serves as Chief Executive Officer of Volvo Car Corporation. He was a Director of Polestar Automotive Holding UK PLC from June 2022 until 2024. He serves as CEO & Preside...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 2.7yrs | SEK 60.37m | 0.023% $ 1.5m | |
| Chief Financial Officer | 2.4yrs | no data | 0.000020% $ 1.3k | |
| Chief Engineering & Technology Officer? | less than a year | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| General Counsel & Chief Legal Officer | less than a year | no data | no data | |
| Chief Communication & External Affairs Officer | 2.4yrs | no data | 0.00014% $ 8.9k | |
| Head of Global Customer Experience & Marketing | 1.3yrs | no data | no data | |
| Chief People Officer | 2.4yrs | no data | 0.0015% $ 93.4k | |
| President of APAC | 7.7yrs | no data | no data | |
| President of International Markets | 3.8yrs | no data | no data | |
| Head of Global Performance Steering | 2.4yrs | no data | no data | |
| President of Volvo Car USA & Canada Commercial Region | 1.7yrs | no data | no data |
2.4yrs
Average Tenure
48.5yo
Average Age
Experienced Management: VLVO.F's management team is considered experienced (2.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 2.5yrs | SEK 60.37m | 0.023% $ 1.5m | |
| Independent Director | 1.6yrs | SEK 1.16m | 0.0022% $ 139.1k | |
| Vice Chairman | 14.3yrs | SEK 3.14m | 0.00084% $ 53.4k | |
| Chairman of the Board | 14.3yrs | no data | no data | |
| Independent Director | 4.2yrs | SEK 1.32m | 0.00067% $ 42.6k | |
| Independent Director | 3.8yrs | SEK 1.34m | 0.000040% $ 2.5k | |
| Independent Director | 3.7yrs | SEK 1.29m | 0.000040% $ 2.5k | |
| Director | 13.6yrs | no data | no data | |
| Independent Director | 2.5yrs | SEK 1.16m | no data | |
| Employee Representative Director | 8.7yrs | no data | 0.000020% $ 1.3k | |
| Employee Representative Director | 3.8yrs | no data | 0.000020% $ 1.3k | |
| Employee Representative Director | less than a year | no data | no data |
3.8yrs
Average Tenure
56yo
Average Age
Experienced Board: VLVO.F's board of directors are considered experienced (3.8 years average tenure).