AAK AB (publ.)

OTCPK:ARHU.F Stock Report

Market Cap: US$5.6b

AAK AB (publ.) Management

Management criteria checks 3/4

AAK AB (publ.)'s CEO is Johan Westman, appointed in May 2018, has a tenure of 5.67 years. total yearly compensation is SEK28.87M, comprised of 36.4% salary and 63.6% bonuses, including company stock and options. directly owns 0.021% of the company’s shares, worth $1.17M. The average tenure of the management team and the board of directors is 3.8 years and 4.7 years respectively.

Key information

Johan Westman

Chief executive officer

SEK 28.9m

Total compensation

CEO salary percentage36.4%
CEO tenure5.7yrs
CEO ownership0.02%
Management average tenure3.8yrs
Board average tenure4.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Johan Westman's remuneration changed compared to AAK AB (publ.)'s earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2023n/an/a

SEK 3b

Jun 30 2023n/an/a

SEK 2b

Mar 31 2023n/an/a

SEK 2b

Dec 31 2022SEK 29mSEK 11m

SEK 2b

Sep 30 2022n/an/a

SEK 2b

Jun 30 2022n/an/a

SEK 2b

Mar 31 2022n/an/a

SEK 2b

Dec 31 2021SEK 22mSEK 9m

SEK 1b

Sep 30 2021n/an/a

SEK 1b

Jun 30 2021n/an/a

SEK 1b

Mar 31 2021n/an/a

SEK 2b

Dec 31 2020SEK 15mSEK 9m

SEK 2b

Sep 30 2020n/an/a

SEK 2b

Jun 30 2020n/an/a

SEK 1b

Mar 31 2020n/an/a

SEK 2b

Dec 31 2019SEK 19mSEK 8m

SEK 1b

Sep 30 2019n/an/a

SEK 1b

Jun 30 2019n/an/a

SEK 1b

Mar 31 2019n/an/a

SEK 1b

Dec 31 2018SEK 14mSEK 6m

SEK 1b

Compensation vs Market: Johan's total compensation ($USD2.81M) is below average for companies of similar size in the US market ($USD7.65M).

Compensation vs Earnings: Johan's compensation has increased by more than 20% in the past year.

CEO

Johan Westman (50 yo)

5.7yrs

Tenure

SEK 28,871,576

Compensation

Mr. Johan Westman has been the President and Chief Executive Officer of AAK AB (publ.) since May 2, 2018. He is Independent Director of Thule Group AB (publ) from April 26, 2022. Mr. Westman joined AAK AB...

Leadership Team

NamePositionTenureCompensationOwnership
Johan Westman
President & CEO5.7yrsSEK 28.87m0.021%
$ 1.2m
Tomas Bergendahl
Chief Financial Officer2.7yrsno datano data
David Smith
President of Global Operations & VPno datano datano data
Carl Ahlgren
Head of IR & Corporate Communicationsno datano datano data
Octavio de Leon
President of AAK Americas & VPno datano data0.092%
$ 5.2m
Tim Stephenson
President of Global Sourcingno datano datano data
Sten Estrup
President of AAK AMEA & Global People and VP3.8yrsno datano data
Susanne Jaspers
President of AAK Europe & Strategic Accounts and VP1.8yrsno data0.00058%
$ 32.7k
Mikael Ekdahl
Secretary of the Board5.7yrsSEK 900.00kno data
Niall Sands
President of Commercial Developmentno datano datano data
Patrik Winquist
Group Controllerno datano datano data

3.8yrs

Average Tenure

55.5yo

Average Age

Experienced Management: ARHU.F's management team is considered experienced (3.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Fabienne Saadane-Oaks
Directorless than a yearno datano data
Nils-Johan Andersson
Directorless than a yearno datano data
Patrik Andersson
Independent Chairman4.7yrsSEK 550.00k0.0010%
$ 58.7k
Marta Andreen
Director10.7yrsSEK 600.00kno data
Ian Roberts
Directorless than a yearno datano data
Marianne Kirkegaard
Independent Director8.7yrsSEK 425.00kno data
Annica Edvardsson
Deputy Director6.7yrsno datano data
Lena Nilsson
Employee Representative Director6yrsno datano data
Mikael Myhre
Deputy Directorno datano datano data
David Alfredsson
Employee Representative Director1.9yrsno datano data

4.7yrs

Average Tenure

57.5yo

Average Age

Experienced Board: ARHU.F's board of directors are considered experienced (4.7 years average tenure).