Sandvik Management
Management criteria checks 3/4
Sandvik's CEO is Stefan Widing, appointed in Feb 2020, has a tenure of 4.25 years. total yearly compensation is SEK39.49M, comprised of 40% salary and 60% bonuses, including company stock and options. directly owns 0.005% of the company’s shares, worth $1.33M. The average tenure of the management team and the board of directors is 3.3 years and 4.1 years respectively.
Key information
Stefan Widing
Chief executive officer
kr39.5m
Total compensation
CEO salary percentage | 40.0% |
CEO tenure | 4.3yrs |
CEO ownership | 0.005% |
Management average tenure | 3.3yrs |
Board average tenure | 4.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Mar 31 2024 | n/a | n/a | kr13b |
Dec 31 2023 | kr39m | kr16m | kr15b |
Sep 30 2023 | n/a | n/a | kr14b |
Jun 30 2023 | n/a | n/a | kr14b |
Mar 31 2023 | n/a | n/a | kr13b |
Dec 31 2022 | kr30m | kr15m | kr13b |
Sep 30 2022 | n/a | n/a | kr13b |
Jun 30 2022 | n/a | n/a | kr13b |
Mar 31 2022 | n/a | n/a | kr14b |
Dec 31 2021 | kr31m | kr14m | kr13b |
Sep 30 2021 | n/a | n/a | kr12b |
Jun 30 2021 | n/a | n/a | kr12b |
Mar 31 2021 | n/a | n/a | kr10b |
Dec 31 2020 | kr18m | kr11m | kr9b |
Compensation vs Market: Stefan's total compensation ($USD3.65M) is below average for companies of similar size in the US market ($USD13.62M).
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 (46 yo)
4.3yrs
Tenure
kr39,488,024
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
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
President | 4.3yrs | kr39.49m | 0.0052% SEK 1.3m | |
Executive VP & CFO | 2.5yrs | no data | 0.00040% SEK 101.9k | |
Executive VP | 3.3yrs | no data | no data | |
Head of Investor Relations & VP | no data | no data | no data | |
Executive VP | 9.6yrs | no data | 0.00044% SEK 112.1k | |
Head of Group Communications & Sustainability | less than a year | no data | no data | |
Executive VP & Head of Human Resources | 7.9yrs | no data | 0.0025% SEK 644.7k | |
President of Sandvik Machining Solutions Business Area Segment | 4.3yrs | no data | 0.00082% SEK 208.9k | |
President of Business Area Sandvik Mining & Rock Solutions | no data | no data | 0.00022% SEK 56.1k | |
President of Sandvik Rock Processing Solutions | 1.6yrs | no data | 0.00098% SEK 249.7k | |
President of Sandvik Manufacturing Solutions Business Area segment | less than a year | no data | 0.00028% SEK 71.3k | |
President of the Design & Planning Automation Division | no data | no data | no data |
3.3yrs
Average Tenure
52.5yo
Average Age
Experienced Management: SDVK.Y's management team is considered experienced (3.3 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
President | 4.1yrs | kr39.49m | 0.0052% SEK 1.3m | |
Director | 8.1yrs | kr1.25m | 0.22% SEK 54.9m | |
Honorary Chairman | no data | no data | no data | |
Independent Director | 9yrs | kr1.27m | 0.080% SEK 20.3m | |
Independent Director | 4.1yrs | kr897.00k | 0.00096% SEK 244.6k | |
Independent Chairman of the Board | 9yrs | kr3.45m | 0.076% SEK 19.3m | |
Director | 7yrs | kr770.00k | 0.00020% SEK 51.0k | |
Employee Representative Director | 2.1yrs | no data | no data | |
Director | less than a year | no data | no data | |
Independent Director | 3.1yrs | kr770.00k | 0.00011% SEK 28.0k | |
Employee Representative Director | 8.3yrs | no data | 0.00041% SEK 104.5k | |
Employee Representative Deputy Board Member | 2.3yrs | no data | 0% SEK 0 |
4.1yrs
Average Tenure
56.5yo
Average Age
Experienced Board: SDVK.Y's board of directors are considered experienced (4.1 years average tenure).