Sandvik Management

Management criteria checks 3/4

Sandvik's CEO is Stefan Widing, appointed in Feb 2020, has a tenure of 4.92 years. total yearly compensation is SEK39.49M, comprised of 40% salary and 60% bonuses, including company stock and options. directly owns 0.007% of the company’s shares, worth $1.61M. The average tenure of the management team and the board of directors is 4 years and 4.8 years respectively.

Key information

Stefan Widing

Chief executive officer

SEK 39.5m

Total compensation

CEO salary percentage40.0%
CEO tenure4.9yrs
CEO ownership0.007%
Management average tenure4yrs
Board average tenure4.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Stefan Widing's remuneration changed compared to Sandvik's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

SEK 12b

Jun 30 2024n/an/a

SEK 13b

Mar 31 2024n/an/a

SEK 13b

Dec 31 2023SEK 39mSEK 16m

SEK 15b

Sep 30 2023n/an/a

SEK 14b

Jun 30 2023n/an/a

SEK 14b

Mar 31 2023n/an/a

SEK 13b

Dec 31 2022SEK 30mSEK 15m

SEK 13b

Sep 30 2022n/an/a

SEK 13b

Jun 30 2022n/an/a

SEK 13b

Mar 31 2022n/an/a

SEK 14b

Dec 31 2021SEK 31mSEK 14m

SEK 13b

Sep 30 2021n/an/a

SEK 12b

Jun 30 2021n/an/a

SEK 12b

Mar 31 2021n/an/a

SEK 10b

Dec 31 2020SEK 18mSEK 11m

SEK 9b

Compensation vs Market: Stefan's total compensation ($USD3.54M) is below average for companies of similar size in the US market ($USD12.87M).

Compensation vs Earnings: Stefan's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


CEO

Stefan Widing (47 yo)

4.9yrs

Tenure

SEK 39,488,024

Compensation

Mr. Stefan Widing has been the President and Chief Executive Officer of Sandvik AB (publ) since February 1, 2020 and serves as its President of Sandvik Manufacturing & Machining Solutions Business Area sin...


Leadership Team

NamePositionTenureCompensationOwnership
Stefan Widing
President4.9yrsSEK 39.49m0.0071%
$ 1.6m
Cecilia Felton
Executive VP & CFO3.2yrsno data0.00096%
$ 217.2k
Sofia Sirvell
Executive VP4yrsno data0.00012%
$ 27.1k
Louise Tjeder
Head of Investor Relations & VPno datano datano data
Åsa Maria Thunman
Executive VP10.3yrsno data0.0016%
$ 355.2k
Björn Roodzant
Head of Group Communications & Sustainability1.7yrsno data0.00031%
$ 70.1k
Johan Kerstell
Executive VP & Head of Human Resources8.6yrsno data0.0029%
$ 665.1k
Nadine Crauwels
President of Sandvik Machining Solutions Business Area Segment5yrsno data0.0012%
$ 266.9k
Mats Eriksson
President of Business Area Sandvik Mining & Rock Solutionsno datano data0.00034%
$ 76.9k
Richard Harris
President of Sandvik Rock Processing Solutions2.3yrsno data0.0018%
$ 414.0k
Mattias Nilsson
President of Sandvik Manufacturing Solutions Business Area segment1.7yrsno data0.00041%
$ 92.7k
Mathias Johansson
President of the Design & Planning Automation Divisionno datano datano data

4.0yrs

Average Tenure

53.5yo

Average Age

Experienced Management: SDVK.F's management team is considered experienced (4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Stefan Widing
President4.8yrsSEK 39.49m0.0071%
$ 1.6m
Helena Stjernholm
Director8.8yrsSEK 1.25m0.15%
$ 34.4m
Percy Barnevik
Honorary Chairmanno datano datano data
Claes Boustedt
Independent Director9.7yrsSEK 1.27m0.0040%
$ 902.6k
Kai Warn
Independent Director4.8yrsSEK 897.00k0.00096%
$ 217.2k
Johan Molin
Independent Chairman of the Board9.7yrsSEK 3.45m0.077%
$ 17.4m
Marika Fredriksson
Director7.7yrsSEK 770.00k0.00020%
$ 45.2k
Susanna Schneeberger
Directorless than a yearno datano data
Andreas Nordbrandt
Independent Director3.8yrsSEK 770.00k0.00019%
$ 43.0k
Thomas Lilja
Employee Representative Director9yrsno data0.00039%
$ 88.2k
Fredrik Haf
Employee Representative Directorless than a yearno data0%
$ 0
Jessica Smedjegard
Employee Representative Deputy Board Memberless than a yearno datano data

4.8yrs

Average Tenure

54yo

Average Age

Experienced Board: SDVK.F's board of directors are considered experienced (4.8 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/03 15:53
End of Day Share Price 2024/12/30 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 here.

Analysis Model and Snowflake

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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 .

Analyst Sources

Sandvik AB (publ) is covered by 55 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Anders IdborgABG Sundal Collier
Lionel PellicerAlphaValue
Robert BateBarclays