Chairman of the Board, without chief hierarchy

56 900 kr

Other economists

41 400 - 66 000 kr / month

Women earn 86% of what men do.

Administration, ekonomi

What will be the salary after tax?

Salary progression Chairman of the Board, without chief hierarchy

Average salary 56 900 kr
Males 61 800 kr
Females 53 300 kr

What does a chairman of the board in finance do – tasks and work environment

A chairman of the board in finance without a managerial hierarchy plays a central role in leading and coordinating the board's work in companies or organizations. Responsibilities include setting agendas, preparing and leading board meetings, ensuring decisions are made according to regulations, and following up on the organization's goals and strategies. The role often involves close collaboration with the CEO and other board members but without holding a formal managerial position over operational staff. The work environment is typically office-based, characterized by a fast pace, many contacts, and demands for accuracy and integrity.

Salary development over time

The salary for a chairman of the board in finance has increased positively over the past three years. In 2022, the average salary was 52,700 SEK per month, which then increased to 53 200 SEK in 2023. In 2024, the salary continued upward to 56 900 SEK, representing a total increase of just over 8% during the period. This development reflects an increased demand for qualified board work and greater expectations for responsibility and expertise in finance and corporate governance. The salary trend indicates that the role is becoming increasingly valued, especially as board work professionalizes and demands for transparency and sustainability grow.

Chairman of the board in finance salary – comprehensive overview

  • Average salary: 56 900 SEK/month
  • Lowest salary: 41,400 SEK/month (female, private employee, pre-secondary education)
  • Highest salary: 66,000 SEK/month (male, private employee, secondary education)
  • Hourly wage (average): 342 SEK
  • Gender differences: Men 61 800 SEK, women 53 300 SEK (women 86% of men's salary)
  • Regional differences: Data unavailable

Education and qualifications

To work as a chairman of the board in finance, an academic degree in economics, law, or business administration is usually required, often supplemented with several years of experience in leadership roles. Formal board training and certifications are advantageous, as is experience in strategic work and a good understanding of corporate governance and legislation. Additionally, networks and previous board assignments are highly valued in recruitment.

  • Bachelor's or master's degree in economics (3–5 years)
  • Board training/certification (1–2 years or shorter courses)
  • Several years of experience in leadership roles within economics or business
  • Knowledge of corporate law, finance, and strategy
  • Strong networks and good references

Many chairmen of the board are recruited through professional networks rather than open advertisements. Building and maintaining relationships within the business community can therefore be crucial for reaching this position.

– statsskuld.se

Common benefits and compensation

Chairmen of the board in finance are often offered benefits such as pension schemes, wellness allowances, and insurance. In some cases, bonuses, consulting fees, or stock options linked to company performance are also included. Compensation levels vary depending on the company's size and sector.

Competition and challenges

Competition for assignments as a chairman of the board in finance is significant, as the position requires extensive experience and trust from the company's owners and other board members. Challenges include balancing strategic responsibility with independence, and handling complex issues related to corporate governance, sustainability, and financial reporting. The role often involves work outside regular hours, and decisions must be made under time pressure. The ability to navigate changing business environments and manage conflicts of interest is crucial for success in the profession.

Tips for those aspiring to become a chairman of the board in finance

To succeed as a chairman of the board in finance, it is good to combine analytical ability with long-term thinking and a high degree of integrity. Building a strong professional network early and actively seeking experience in leadership roles, preferably across different industries, is recommended. Continual education in corporate governance and finance increases the chances of being considered for board positions. The ability to communicate clearly and build trust with stakeholders is essential, as is being solution-oriented and capable of driving change. Self-awareness and humility regarding complex issues make it easier to navigate the boardroom, while drive and results-orientedness are often valued in recruitment processes.

Key facts about a chairman of the board in finance

  • Average salary: 56 900 SEK/month
  • Gender pay gap: Women earn 86% of men's salary
  • Lowest/highest salary: 41,400–66,000 SEK/month
  • Educational level: Often academic degree + board training
  • Number of job openings in the profession: 758

Career paths and future prospects

After three to five years as a chairman of the board in finance, it is common to take on roles in larger companies or publicly listed firms. Some continue with international board assignments or combine the role with consulting and advisory work. Forecasts from the Employment Service indicate that job opportunities for other finance professionals are moderate, and demand for expertise is expected to remain unchanged over the next five years. The recruitment situation is characterized by balance, meaning competition for the most attractive assignments remains high but stable.

Frequently asked questions about a chairman of the board in finance

  • What is the salary of a chairman of the board in finance?
    - The average salary is 56 900 SEK per month, with a range between 41,400 and 66,000 SEK.
  • What education is required to become a chairman of the board?
    - Often, an academic degree in economics or law, along with experience in leadership roles, is required.
  • Are there salary differences between men and women?
    - Yes, women earn 86% of what men do in the profession.
  • What is the job market like for chairmen of the board?
    - Opportunities are considered moderate, and demand is expected to remain unchanged in the coming years.
  • What benefits are usually included?
    - Pension schemes, wellness allowances, insurance, and sometimes bonuses or stock options are common benefits.
  • How does one obtain a board position?
    - Most are recruited through networks and previous experience rather than open advertisements.
  • What qualities are important in this role?
    - Analytical ability, integrity, communication skills, and strategic thinking are central qualities.

Who has the highest salary?
The highest salary for a Chairman of the Board, without chief hierarchy is 66000 kr. This salary belongs to a man working in the Privately employed officials with a high school education, 3 years. The highest salary for a woman in this profession is 57800 kr.
Who has the lowest salary?
The lowest salary for a Chairman of the Board, without chief hierarchy is 41400 kr. This salary belongs to a woman also working in the Privately employed workers. The lowest salary for a man in this profession is 45800 kr.
Salary distributed by age and sector
Age Women's salary as a percentage of men's Base salary Monthly salary
25-34 52300 kr 53500 kr
35-44 84% 58600 kr 59300 kr
45-54 84% 61700 kr 62900 kr
55-64 89% 53000 kr 53800 kr
Snitt 86% 55900 kr 56900 kr
Salary per sector
Salary based on education
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About the data

All information displayed on this page is based on data from the Swedish Central Bureau of Statistics (SCB), the Swedish Tax Agency and the Swedish employment agency. Learn more about our data and data sources here.

All figures are gross salaries, meaning salaries before tax. The average salary, or mean salary, is calculated by adding up the total salary for all individuals within the profession and dividing it by the number of individuals. For specific job categories, we have also considered various criteria such as experience and education.

Profession Chairman of the Board, without chief hierarchy has the SSYK code 2419, which we use to match against the SCB database to obtain the latest salary statistics.

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