Lifco Management
Management criteria checks 4/4
Lifco's CEO is Per Waldemarson, appointed in Feb 2019, has a tenure of 5.17 years. total yearly compensation is SEK65.76M, comprised of 38.4% salary and 61.6% bonuses, including company stock and options. directly owns 0.16% of the company’s shares, worth €15.96M. The average tenure of the management team and the board of directors is 5.3 years and 6.6 years respectively.
Key information
Per Waldemarson
Chief executive officer
kr65.8m
Total compensation
| CEO salary percentage | 38.4% |
| CEO tenure | 5.2yrs |
| CEO ownership | 0.2% |
| Management average tenure | 5.3yrs |
| Board average tenure | 6.6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | kr3b |
| Dec 31 2023 | kr66m | kr25m | kr3b |
| Sep 30 2023 | n/a | n/a | kr3b |
| Jun 30 2023 | n/a | n/a | kr3b |
| Mar 31 2023 | n/a | n/a | kr3b |
| Dec 31 2022 | kr62m | kr24m | kr3b |
| Sep 30 2022 | n/a | n/a | kr3b |
| Jun 30 2022 | n/a | n/a | kr3b |
| Mar 31 2022 | n/a | n/a | kr3b |
| Dec 31 2021 | kr54m | kr22m | kr2b |
| Sep 30 2021 | n/a | n/a | kr2b |
| Jun 30 2021 | n/a | n/a | kr2b |
| Mar 31 2021 | n/a | n/a | kr2b |
| Dec 31 2020 | kr48m | kr21m | kr2b |
| Sep 30 2020 | n/a | n/a | kr2b |
| Jun 30 2020 | n/a | n/a | kr2b |
| Mar 31 2020 | n/a | n/a | kr2b |
| Dec 31 2019 | kr43m | kr19m | kr2b |
Compensation vs Market: Per's total compensation ($USD6.04M) is about average for companies of similar size in the German market ($USD5.57M).
Compensation vs Earnings: Per's compensation has been consistent with company performance over the past year.
CEO
Per Waldemarson (46 yo)
5.2yrs
Tenure
kr65,761,000
Compensation
Mr. Per Waldemarson has been President and Chief Executive Officer of Lifco AB (publ) since February 08, 2019 and has been its Director since April 26, 2019. Mr. Waldemarson was Head of Business Area Denta...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 5.2yrs | kr65.76m | 0.16% SEK 16.0m | |
| Chief Financial Officer | 13.3yrs | no data | 0.00033% SEK 33.3k | |
| Head of Sustainability | no data | no data | no data | |
| Head of Business Area Systems Solutions | 5.3yrs | no data | 0.057% SEK 5.8m |
5.3yrs
Average Tenure
51.5yo
Average Age
Experienced Management: 1L3's management team is seasoned and experienced (5.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 5yrs | kr65.76m | 0.16% SEK 16.0m | |
| Independent Director | 9.3yrs | kr977.00k | 0.0031% SEK 310.7k | |
| Director | 23.3yrs | kr792.00k | 0.0024% SEK 243.1k | |
| Chairman of the Board | 26.3yrs | kr1.55m | 50.17% SEK 5.1b | |
| Independent Director | 18.3yrs | kr792.00k | 0.018% SEK 1.8m | |
| Independent Director | 3.8yrs | kr838.00k | 0.0011% SEK 111.0k | |
| Independent Director | 8.3yrs | kr792.00k | 0.0022% SEK 221.9k | |
| Independent Director | 9.3yrs | kr838.00k | 0.014% SEK 1.4m | |
| Vice Chairman of the Board | 3.8yrs | kr838.00k | 0.056% SEK 5.6m | |
| Employee Representative Director | 1.3yrs | no data | no data | |
| Employee Representative Director | 2.3yrs | no data | no data | |
| Employee Representative Deputy Director | 1.3yrs | no data | no data |
6.6yrs
Average Tenure
60yo
Average Age
Experienced Board: 1L3's board of directors are considered experienced (6.6 years average tenure).