FLSmidth Management
Management criteria checks 3/4
FLSmidth's CEO is Mikko Keto, appointed in Jan 2022, has a tenure of 2.25 years. total yearly compensation is DKK23.54M, comprised of 33.3% salary and 66.7% bonuses, including company stock and options. directly owns 0.016% of the company’s shares, worth $445.55K. The average tenure of the management team and the board of directors is 2.9 years and 3.3 years respectively.
Key information
Mikko Keto
Chief executive officer
kr.23.5m
Total compensation
CEO salary percentage | 33.3% |
CEO tenure | 2.3yrs |
CEO ownership | 0.02% |
Management average tenure | 2.9yrs |
Board average tenure | 3.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Dec 31 2023 | kr.24m | kr.8m | kr.678m |
Sep 30 2023 | n/a | n/a | kr.426m |
Jun 30 2023 | n/a | n/a | kr.321m |
Mar 31 2023 | n/a | n/a | kr.344m |
Dec 31 2022 | kr.16m | kr.8m | kr.369m |
Compensation vs Market: Mikko's total compensation ($USD3.39M) is below average for companies of similar size in the US market ($USD6.65M).
Compensation vs Earnings: Mikko's compensation has increased by more than 20% in the past year.
CEO
Mikko Keto (56 yo)
2.3yrs
Tenure
kr.23,544,000
Compensation
Mr. Mikko Keto served as President of Mining Industry at FLSmidth & Co. A/S since January 2021 until January 1, 2022 and serves as Group Chief Executive Officer since January 1, 2022. Mr. Keto has been emp...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Group Chief Executive Officer | 2.3yrs | kr.23.54m | 0.016% DKK 445.6k | |
Group Chief Financial Officer | 3.8yrs | kr.14.67m | 0.040% DKK 1.1m | |
COO & Chief Digital Officer | less than a year | no data | no data | |
Head of Investor Relations | no data | no data | no data | |
Group Legal Counsel | 11.3yrs | kr.1.29m | 0.0045% DKK 127.7k | |
Chief People & Sustainability Officer | 6yrs | no data | 0.0016% DKK 46.1k | |
President | no data | no data | no data | |
President of Pumps | less than a year | no data | no data | |
President of Region South America | 4.3yrs | no data | no data | |
President of Region Australia | 3.6yrs | no data | no data | |
President of Region North America | 2.2yrs | no data | no data | |
President of Mining & Service Business Line | 2.3yrs | no data | no data |
2.9yrs
Average Tenure
54yo
Average Age
Experienced Management: FLID.Y's management team is considered experienced (2.9 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Independent Chairman | 12.1yrs | kr.1.40m | 0.088% DKK 2.5m | |
Independent Director | 5.1yrs | kr.977.00k | 0.0018% DKK 50.1k | |
Independent Vice Chairman | 2.1yrs | kr.900.00k | 0.0022% DKK 61.2k | |
Director | no data | no data | no data | |
Independent Director | 1.1yrs | kr.619.00k | no data | |
Independent Director | 7.1yrs | kr.675.00k | 0.0035% DKK 100.4k | |
Employee-Elected Member | 8.3yrs | kr.450.00k | 0.00076% DKK 21.6k | |
Employee-Elected Member | 3.3yrs | kr.450.00k | 0.00023% DKK 6.5k | |
Employee-Elected Member | 3.3yrs | kr.575.00k | 0.000090% DKK 2.6k |
3.3yrs
Average Tenure
60yo
Average Age
Experienced Board: FLID.Y's board of directors are considered experienced (3.3 years average tenure).