Indutrade Management
Management criteria checks 3/4
Indutrade's CEO is Bo Annvik, appointed in Apr 2017, has a tenure of 7.58 years. total yearly compensation is SEK25.23M, comprised of 47.6% salary and 52.4% bonuses, including company stock and options. directly owns 0.019% of the company’s shares, worth $1.71M. The average tenure of the management team and the board of directors is 6.8 years and 7.6 years respectively.
Key information
Bo Annvik
Chief executive officer
SEK 25.2m
Total compensation
| CEO salary percentage | 47.6% |
| CEO tenure | 7.6yrs |
| CEO ownership | 0.02% |
| Management average tenure | 6.8yrs |
| Board average tenure | 7.6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | SEK 3b |
| Jun 30 2024 | n/a | n/a | SEK 3b |
| Mar 31 2024 | n/a | n/a | SEK 3b |
| Dec 31 2023 | SEK 25m | SEK 12m | SEK 3b |
| Sep 30 2023 | n/a | n/a | SEK 3b |
| Jun 30 2023 | n/a | n/a | SEK 3b |
| Mar 31 2023 | n/a | n/a | SEK 3b |
| Dec 31 2022 | SEK 19m | SEK 10m | SEK 3b |
| Sep 30 2022 | n/a | n/a | SEK 3b |
| Jun 30 2022 | n/a | n/a | SEK 2b |
| Mar 31 2022 | n/a | n/a | SEK 2b |
| Dec 31 2021 | SEK 18m | SEK 10m | SEK 2b |
| Sep 30 2021 | n/a | n/a | SEK 2b |
| Jun 30 2021 | n/a | n/a | SEK 2b |
| Mar 31 2021 | n/a | n/a | SEK 2b |
| Dec 31 2020 | SEK 16m | SEK 9m | SEK 2b |
| Sep 30 2020 | n/a | n/a | SEK 2b |
| Jun 30 2020 | n/a | n/a | SEK 2b |
| Mar 31 2020 | n/a | n/a | SEK 2b |
| Dec 31 2019 | SEK 15m | SEK 9m | SEK 1b |
| Sep 30 2019 | n/a | n/a | SEK 1b |
| Jun 30 2019 | n/a | n/a | SEK 1b |
| Mar 31 2019 | n/a | n/a | SEK 1b |
| Dec 31 2018 | SEK 15m | SEK 8m | SEK 1b |
| Sep 30 2018 | n/a | n/a | SEK 1b |
| Jun 30 2018 | n/a | n/a | SEK 1b |
| Mar 31 2018 | n/a | n/a | SEK 1b |
| Dec 31 2017 | SEK 10m | SEK 5m | SEK 1b |
Compensation vs Market: Bo's total compensation ($USD2.28M) is below average for companies of similar size in the US market ($USD7.74M).
Compensation vs Earnings: Bo's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Bo Annvik (59 yo)
7.6yrs
Tenure
SEK 25,232,000
Compensation
Mr. Bo Annvik, M. Sc. (Econ.), serves as Independent Director at AB Volvo (publ) since April 04, 2023. He has been the Chief Executive Officer and President of Indutrade AB (publ) since he joined in April...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 7.6yrs | SEK 25.23m | 0.019% $ 1.7m | |
| Chief Financial Officer | 6.3yrs | no data | 0.0020% $ 174.7k | |
| Senior Vice President Technology & Systems Solutions | less than a year | no data | 0.0082% $ 733.6k | |
| Head of Investor Relations & External Communications | no data | no data | no data | |
| Senior Vice President of Group People & Sustainability | 6.2yrs | no data | 0.0021% $ 190.8k | |
| Senior Vice President of Infrastructure & Construction | 6.8yrs | no data | 0.010% $ 910.1k | |
| Senior Vice President of Industrial & Engineering | 6.8yrs | no data | 0.020% $ 1.7m | |
| Senior Vice President Life Science | 6.8yrs | no data | 0.0069% $ 615.1k | |
| Senior Vice President of Acquisitions & Business Development | 6.8yrs | no data | 0.0020% $ 174.7k | |
| Senior Vice President Process | 3.3yrs | no data | 0.016% $ 1.4m | |
| Board Secretary | no data | no data | no data |
6.8yrs
Average Tenure
59yo
Average Age
Experienced Management: IDDW.F's management team is seasoned and experienced (6.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 7.6yrs | SEK 25.23m | 0.019% $ 1.7m | |
| Director | 11.3yrs | SEK 486.00k | 0.0082% $ 733.6k | |
| Independent Director | 18.8yrs | SEK 605.00k | 0.0099% $ 880.7k | |
| Independent Director | 7.6yrs | SEK 440.00k | 0.0016% $ 147.1k | |
| Independent Director | 2.6yrs | SEK 440.00k | 0.00082% $ 73.1k | |
| Chairwoman | 9.6yrs | SEK 986.00k | 0.11% $ 9.8m | |
| Director | 6.6yrs | SEK 499.00k | 0.00082% $ 73.1k | |
| Independent Director | less than a year | no data | no data |
7.6yrs
Average Tenure
55.5yo
Average Age
Experienced Board: IDDW.F's board of directors are considered experienced (7.6 years average tenure).