Konecranes Management
Management criteria checks 2/4
Konecranes' CEO is Anders Svensson, appointed in Oct 2022, has a tenure of 1.5 years. total yearly compensation is €1.11M, comprised of 73.3% salary and 26.7% bonuses, including company stock and options. directly owns 0.009% of the company’s shares, worth $369.55K. The average tenure of the management team and the board of directors is 7.6 years and 1.8 years respectively.
Key information
Anders Svensson
Chief executive officer
€1.1m
Total compensation
| CEO salary percentage | 73.3% |
| CEO tenure | 1.5yrs |
| CEO ownership | 0.009% |
| Management average tenure | 7.6yrs |
| Board average tenure | 1.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | €282m |
| Dec 31 2023 | €1m | €814k | €276m |
| Sep 30 2023 | n/a | n/a | €251m |
| Jun 30 2023 | n/a | n/a | €243m |
| Mar 31 2023 | n/a | n/a | €214m |
| Dec 31 2022 | €225k | €162k | €140m |
Compensation vs Market: Anders's total compensation ($USD1.19M) is below average for companies of similar size in the US market ($USD6.59M).
Compensation vs Earnings: Anders's compensation has increased by more than 20% in the past year.
CEO
Anders Svensson (48 yo)
1.5yrs
Tenure
€1,110,773
Compensation
Mr. Anders Svensson has been President and Chief Executive Officer of Konecranes Plc since October 19, 2022. He serves as President and Chief Executive Officer at Konecranes Plc since October 19, 2022. He...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & CEO | 1.5yrs | €1.11m | 0.0094% € 369.6k | |
| Chief Financial Officer | 16.7yrs | €741.38k | 0.072% € 2.8m | |
| Executive Vice President of People & Culture and Member of Executive Board | 2.7yrs | no data | 0.0043% € 168.2k | |
| Executive VP of Corporate Strategy & Business Development | no data | no data | no data | |
| Executive Vice President of Port Solutions & Technology | 9.3yrs | no data | 0.030% € 1.2m | |
| Vice President of Investor Relations | no data | no data | no data | |
| Executive Vice President and General Counsel & Secretary of the Board | 6.1yrs | no data | 0.058% € 2.3m | |
| Vice President of Group Marketing and Communications | no data | no data | no data | |
| Business Development Director of Customer Experience and Service Offering | 9.1yrs | no data | no data | |
| Senior Vice President of Industrial Service - Region EMEA (Europe | 12.4yrs | no data | no data | |
| Executive VP of Industrial Service & Equipment | 2.3yrs | no data | 0.057% € 2.2m | |
| Senior Vice President of Industrial Service - Region APAC (Asia-Pacific) | 15.3yrs | no data | no data |
7.6yrs
Average Tenure
56yo
Average Age
Experienced Management: KNCR.Y's management team is seasoned and experienced (7.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 1.1yrs | €65.50k | no data | |
| Independent Chairman of the Board of Directors | 1.8yrs | €126.83k | 0.0033% € 131.9k | |
| Independent Director | 7.6yrs | €124.83k | 0.0077% € 303.2k | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 6.1yrs | €102.83k | 0.0068% € 268.9k | |
| Director | 1.8yrs | €95.33k | 0.0030% € 117.3k | |
| Director | 1.8yrs | no data | 0.000080% € 3.2k | |
| Independent Director | less than a year | no data | no data |
1.8yrs
Average Tenure
58yo
Average Age
Experienced Board: KNCR.Y's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.