AB SKF Management
Management criteria checks 4/4
AB SKF's CEO is Gusta Gustafson, appointed in Jun 2021, has a tenure of 2.83 years. total yearly compensation is SEK35.09M, comprised of 45% salary and 55% bonuses, including company stock and options. directly owns 0.002% of the company’s shares, worth $193.71K. The average tenure of the management team and the board of directors is 2.1 years and 4.1 years respectively.
Key information
Gusta Gustafson
Chief executive officer
kr35.1m
Total compensation
| CEO salary percentage | 45.0% |
| CEO tenure | 2.8yrs |
| CEO ownership | 0.002% |
| Management average tenure | 2.1yrs |
| Board average tenure | 4.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | kr35m | kr16m | kr6b |
| Sep 30 2023 | n/a | n/a | kr7b |
| Jun 30 2023 | n/a | n/a | kr6b |
| Mar 31 2023 | n/a | n/a | kr5b |
| Dec 31 2022 | kr31m | kr15m | kr4b |
| Sep 30 2022 | n/a | n/a | kr5b |
| Jun 30 2022 | n/a | n/a | kr6b |
| Mar 31 2022 | n/a | n/a | kr8b |
| Dec 31 2021 | kr24m | kr9m | kr7b |
Compensation vs Market: Gusta's total compensation ($USD3.22M) is below average for companies of similar size in the US market ($USD8.28M).
Compensation vs Earnings: Gusta's compensation has been consistent with company performance over the past year.
CEO
Gusta Gustafson (59 yo)
2.8yrs
Tenure
kr35,088,008
Compensation
Mr. Rickard Gustafson, also known as Gusta, serves as President, Chief Executive Officer of AB SKF (publ) since June 01, 2021 and serves as its Director since 2021. He served as Chief Executive Officer and...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.8yrs | kr35.09m | 0.0021% SEK 193.7k | |
| Senior VP of Group Finance & CFO | 4.8yrs | kr5.81m | 0.0026% SEK 235.0k | |
| Chief Sustainability Officer & Senior VP of Group Operations | 2.2yrs | no data | 0.00090% SEK 82.6k | |
| CTO & Senior VP of Technology Development | 1.5yrs | no data | 0.000010% SEK 918.0 | |
| Head of Investor Relations | less than a year | no data | no data | |
| General Counsel and Senior VP of Group Legal & Compliance | 3.6yrs | no data | 0.00057% SEK 52.3k | |
| Senior Vice President of Group People Experience & Communication | no data | no data | 0.0014% SEK 129.4k | |
| Advisor | 2.1yrs | no data | 0% SEK 0 | |
| President of Independent & Emerging Business | 5.3yrs | no data | 0.00094% SEK 86.3k | |
| President of Industrial Region Americas & MD of SKF India Limited | less than a year | no data | 0.00046% SEK 42.2k | |
| President of Industrial Region Europe Middle East & Africa | no data | no data | 0.00047% SEK 43.1k | |
| Head of EHS and net-zero - China & North East Asia | 1.5yrs | no data | no data |
2.1yrs
Average Tenure
54yo
Average Age
Experienced Management: SKFR.Y's management team is considered experienced (2.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.3yrs | kr35.09m | 0.0021% SEK 193.7k | |
| Independent Chairman | 6.1yrs | kr3.00m | 0.016% SEK 1.5m | |
| Director | 1.1yrs | kr1.07m | 0.0011% SEK 101.0k | |
| Independent Director | 10.1yrs | kr985.00k | no data | |
| Independent Director | 5.1yrs | kr1.20m | 0.00033% SEK 30.3k | |
| Vice Chair | 4.1yrs | kr1.91m | 0.0011% SEK 101.0k | |
| Employee Representative Director | 9.3yrs | no data | no data | |
| Independent Director | 4.1yrs | kr985.00k | 0.00022% SEK 20.2k | |
| Employee Representative Director | 8.3yrs | no data | no data | |
| Independent Director | 1.1yrs | kr1.12m | no data | |
| Independent Director | 1.1yrs | kr1.07m | no data | |
| Independent Director | 1.1yrs | kr850.00k | no data |
4.1yrs
Average Tenure
51.5yo
Average Age
Experienced Board: SKFR.Y's board of directors are considered experienced (4.1 years average tenure).