AB SKF Management
Management criteria checks 4/4
AB SKF's CEO is Gusta Gustafson, appointed in Jun 2021, has a tenure of 3.42 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 $180.39K. The average tenure of the management team and the board of directors is 2.7 years and 4.7 years respectively.
Key information
Gusta Gustafson
Chief executive officer
SEK 35.1m
Total compensation
CEO salary percentage | 45.0% |
CEO tenure | 3.4yrs |
CEO ownership | 0.002% |
Management average tenure | 2.7yrs |
Board average tenure | 4.7yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Sep 30 2024 | n/a | n/a | SEK 6b |
Jun 30 2024 | n/a | n/a | SEK 6b |
Mar 31 2024 | n/a | n/a | SEK 6b |
Dec 31 2023 | SEK 35m | SEK 16m | SEK 6b |
Sep 30 2023 | n/a | n/a | SEK 7b |
Jun 30 2023 | n/a | n/a | SEK 6b |
Mar 31 2023 | n/a | n/a | SEK 5b |
Dec 31 2022 | SEK 31m | SEK 15m | SEK 4b |
Sep 30 2022 | n/a | n/a | SEK 5b |
Jun 30 2022 | n/a | n/a | SEK 6b |
Mar 31 2022 | n/a | n/a | SEK 8b |
Dec 31 2021 | SEK 24m | SEK 9m | SEK 7b |
Compensation vs Market: Gusta's total compensation ($USD3.21M) is below average for companies of similar size in the US market ($USD7.81M).
Compensation vs Earnings: Gusta's compensation has been consistent with company performance over the past year.
CEO
Gusta Gustafson (60 yo)
3.4yrs
Tenure
SEK 35,088,008
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 | 3.4yrs | SEK 35.09m | 0.0021% $ 180.4k | |
Senior VP of Group Finance & CFO | 5.4yrs | SEK 5.81m | 0.0026% $ 218.9k | |
Chief Sustainability Officer & Senior VP of Group Operations | 2.8yrs | no data | 0.00090% $ 76.9k | |
CTO & Senior VP of Technology Development | 2.1yrs | no data | 0.000010% $ 854.9 | |
Head of Investor Relations | less than a year | no data | no data | |
General Counsel and Senior VP of Group Legal & Compliance | 4.2yrs | no data | 0.00057% $ 48.7k | |
Senior Vice President of Group People Experience & Communication | no data | no data | 0.0014% $ 120.5k | |
Advisor | 2.7yrs | no data | no data | |
President of Independent & Emerging Business | 5.8yrs | no data | 0.00094% $ 80.4k | |
President of Industrial Region Americas & MD of SKF India Limited | less than a year | no data | 0.00046% $ 39.3k | |
President of Industrial Region Europe Middle East & Africa | no data | no data | 0.00047% $ 40.2k | |
Head of EHS and net-zero - China & North East Asia | 2.1yrs | no data | no data |
2.7yrs
Average Tenure
55yo
Average Age
Experienced Management: SKUF.F's management team is considered experienced (2.7 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
President | 3.8yrs | SEK 35.09m | 0.0021% $ 180.4k | |
Independent Chairman | 6.7yrs | SEK 3.00m | 0.016% $ 1.4m | |
Director | 1.7yrs | SEK 1.07m | 0.0026% $ 225.7k | |
Independent Director | 10.7yrs | SEK 985.00k | no data | |
Independent Director | 5.7yrs | SEK 1.20m | 0.00033% $ 28.2k | |
Vice Chair | 4.7yrs | SEK 1.91m | 0.0011% $ 94.0k | |
Employee Representative Director | 9.8yrs | no data | no data | |
Independent Director | 4.7yrs | SEK 985.00k | 0.00022% $ 18.8k | |
Employee Representative Director | 8.9yrs | no data | no data | |
Independent Director | 1.7yrs | SEK 1.12m | no data | |
Independent Director | 1.7yrs | SEK 1.07m | no data | |
Independent Director | 1.7yrs | SEK 850.00k | 0.00055% $ 47.0k |
4.7yrs
Average Tenure
52.5yo
Average Age
Experienced Board: SKUF.F's board of directors are considered experienced (4.7 years average tenure).