Telefonaktiebolaget LM Ericsson Management
Management criteria checks 4/4
Telefonaktiebolaget LM Ericsson's CEO is E. Ekholm, appointed in Jan 2017, has a tenure of 7.25 years. total yearly compensation is SEK49.87M, comprised of 39.1% salary and 60.9% bonuses, including company stock and options. directly owns 0.033% of the company’s shares, worth $5.72M. The average tenure of the management team and the board of directors is 4.8 years and 7.1 years respectively.
Key information
E. Ekholm
Chief executive officer
kr49.9m
Total compensation
CEO salary percentage | 39.1% |
CEO tenure | 7.3yrs |
CEO ownership | 0.03% |
Management average tenure | 4.8yrs |
Board average tenure | 7.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Mar 31 2024 | n/a | n/a | -kr25b |
Dec 31 2023 | kr50m | kr20m | -kr26b |
Sep 30 2023 | n/a | n/a | -kr24b |
Jun 30 2023 | n/a | n/a | kr12b |
Mar 31 2023 | n/a | n/a | kr17b |
Dec 31 2022 | kr53m | kr19m | kr19b |
Sep 30 2022 | n/a | n/a | kr23b |
Jun 30 2022 | n/a | n/a | kr23b |
Mar 31 2022 | n/a | n/a | kr22b |
Dec 31 2021 | kr65m | kr18m | kr23b |
Sep 30 2021 | n/a | n/a | kr20b |
Jun 30 2021 | n/a | n/a | kr20b |
Mar 31 2021 | n/a | n/a | kr19b |
Dec 31 2020 | kr106m | kr18m | kr17b |
Sep 30 2020 | n/a | n/a | kr14b |
Jun 30 2020 | n/a | n/a | kr3b |
Mar 31 2020 | n/a | n/a | kr2b |
Dec 31 2019 | kr98m | kr16m | kr2b |
Sep 30 2019 | n/a | n/a | -kr9b |
Jun 30 2019 | n/a | n/a | kr214m |
Mar 31 2019 | n/a | n/a | -kr3b |
Dec 31 2018 | kr738k | n/a | -kr7b |
Sep 30 2018 | n/a | n/a | -kr18b |
Jun 30 2018 | n/a | n/a | -kr25b |
Mar 31 2018 | n/a | n/a | -kr23b |
Dec 31 2017 | kr37m | kr14m | -kr33b |
Compensation vs Market: E.'s total compensation ($USD4.56M) is below average for companies of similar size in the US market ($USD13.52M).
Compensation vs Earnings: E.'s compensation has been consistent with company performance over the past year.
CEO
E. Ekholm (60 yo)
7.3yrs
Tenure
kr49,872,530
Compensation
Mr. E. Borje Ekholm, MSc, MBA serves as Independent Director of Trimble Inc. since January 04, 2020 and is Independent Chairman from June 01, 2023. He has been the Chief Executive Officer and President of...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
President | 7.3yrs | kr49.87m | 0.033% SEK 5.7m | |
Executive VP | 12.8yrs | kr15.31m | 0.0033% SEK 573.7k | |
Senior VP & CFO | no data | no data | no data | |
Senior VP | less than a year | no data | 0.0050% SEK 854.5k | |
Chief Accounting Officer | no data | no data | no data | |
Senior VP | 6.8yrs | no data | 0.0016% SEK 270.5k | |
Head of Investor Relations | no data | no data | no data | |
Senior VP | 2.1yrs | no data | no data | |
Chief Compliance Officer | less than a year | no data | no data | |
Head of Corporate Communications | no data | no data | no data | |
SVP, Chief Marketing & Communications Officer and Head of Group Function Mktg. & Corporate Relations | 4.8yrs | no data | 0.00046% SEK 79.2k | |
Senior VP | 7.4yrs | no data | 0.0020% SEK 348.0k |
4.8yrs
Average Tenure
55.5yo
Average Age
Experienced Management: ERIX.F's management team is considered experienced (4.8 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
President | 18yrs | kr49.87m | 0.033% SEK 5.7m | |
Director | 8yrs | kr766.73k | 0.00060% SEK 103.4k | |
Deputy Chairman | 13.1yrs | kr487.53k | 0.013% SEK 2.2m | |
Independent Director | 7.1yrs | kr1.02m | no data | |
Independent Director | 8yrs | kr1.05m | no data | |
Independent Chair of the Board | 7.1yrs | kr4.08m | 0.00024% SEK 41.3k | |
Independent Director | 1.1yrs | kr1.61m | no data | |
Director | no data | no data | no data | |
Independent Director | 2.1yrs | kr973.35k | 0.0011% SEK 186.1k | |
Independent Director | 7.1yrs | kr1.36m | 0.00030% SEK 51.7k | |
Employee Representative Director | 7.1yrs | kr76.95k | 0.00030% SEK 51.7k | |
Employee Representative Director | less than a year | kr43.50k | 0% SEK 0 |
7.1yrs
Average Tenure
60yo
Average Age
Experienced Board: ERIX.F's board of directors are considered experienced (7.1 years average tenure).