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AB SKF (publ) (SKF-B.ST)

Stockholm - Stockholm Real-time price. Currency in SEK
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223.80+2.40 (+1.08%)
At close: 05:29PM CET

AB SKF (publ)

Sven Wingquists Gata 2
Gothenburg 415 50
Sweden
46 3 13 37 10 00
https://www.skf.com

Sector(s)Industrials
IndustryTools & Accessories
Full-time employees40,396

Key executives

NameTitlePayExercisedYear born
Mr. Rickard GustafsonPresident, CEO & Director25.63MN/A1964
Mr. Niclas RosenlewSenior VP of Group Finance & CFO5.81MN/A1972
Mr. Joakim LandholmSenior Vice President of Group Operations & Digital TransformationN/AN/A1969
Carina van den BergDirector of Group Controlling & AccountingN/AN/AN/A
Ms. Annika OlmeCTO & Senior VP of TechnologyN/AN/A1973
Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in SEK.

Description

AB SKF (publ) engages in the design, development, and manufacture of bearings, seals, lubrication systems, and services worldwide. The company operates in segments, Industrial and Automotive. It offers rolling bearings, mounted bearings and housings, super-precision bearings, slewing bearings, plain bearings, magnetic bearings and systems, thin section bearing, industrial and automotive seals, lubrication management solutions, maintenance products, condition monitoring systems, power transmission solutions, test and measuring equipment, vehicle aftermarket, and waste electric and electronic equipment products. The company also provides various services, including application engineering, asset management, condition-based maintenance, mechanical maintenance, remanufacturing and customization, and training solutions. It offers its solutions for various industries, including aerospace, agriculture, cars and light trucks, construction, food and beverage, general machinery, machine tools, marine, material handling, metals, mining, mineral processing and cement, ocean energy, oil and gas, pulp and paper, railways, trucks, trailers, buses, two and three wheelers, and wind energy. The company was founded in 1907 and is headquartered in Gothenburg, Sweden.

Corporate governance

AB SKF (publ)’s ISS governance QualityScore as of 1 February 2024 is 4. The pillar scores are Audit: 7; Board: 5; Shareholder rights: 8; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.