Alelion Energy Systems Management

Management criteria checks 1/4

Alelion Energy Systems' CEO is Asa Nordstrom, appointed in Aug 2019, has a tenure of 4.25 years. directly owns 0.02% of the company’s shares, worth €511.09. The average tenure of the management team and the board of directors is 3.2 years and 2.5 years respectively.

Key information

Asa Nordstrom

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	4.3yrs
CEO ownership	0.02%
Management average tenure	3.2yrs
Board average tenure	2.5yrs

Recent management updates

Recent updates

CEO

Asa Nordstrom (51 yo)

4.3yrs

Tenure

SEK 1,250,000

Compensation

Ms. Åsa Nordström has been Chief Executive Officer at Alelion Energy Systems AB (pub) since December 2019. Ms. Nordström served as an Acting Chief Executive Officer at Alelion Energy Systems AB (pub) since...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Asa Nordstrom	Chief Executive Officer	4.3yrs	SEK 1.25m	0.020% € 511.1
Christian Bergaust	Chief Financial Officer	3.8yrs	no data	0.037% € 955.2
Ted Falkman	Chief Operating Officer	less than a year	no data	no data
Henrik Svala	Chief Technical Officer	1.3yrs	no data	no data
Anders Dison	Director of Sales & Marketing	3.2yrs	no data	0.019% € 495.0
Lisa Eriksson	Process Excellence & HR Manager	4.8yrs	no data	0.0032% € 82.1
Magnus Baeckstrom	Head of Product	1.3yrs	no data	no data

3.2yrs

Average Tenure

52.5yo

Average Age

Experienced Management: 2FZ's management team is considered experienced (3.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Alf Blomqvist	Chairman of the Board	2.4yrs	SEK 167.00k	6.69% € 171.1k
Hakan Sandberg	Independent Director	13.1yrs	SEK 100.00k	0.61% € 15.7k
Rune Nordlander	Director	1.8yrs	no data	28.2% € 721.1k
Anders Bjornberg	Independent Director	2.5yrs	SEK 100.00k	no data

2.5yrs

Average Tenure

65.5yo

Average Age

Experienced Board: 2FZ's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.

Alelion Energy Systems Management

Management criteria checks 1/4

Key information

Recent management updates

High number of new and inexperienced directors

Alelion Energy Systems AB (publ) Recruits Magnus Baeckström as Head of Product

Alelion Recruits Henrik Svala as Chief Technical Officer

Less than half of directors are independent

Chief Financial Officer recently bought €6.5k worth of stock

Recent updates

New major risk - Shareholder dilution

New major risk - Negative shareholders equity

Second quarter 2023 earnings released

First quarter 2023 earnings released

Full year 2022 earnings released: kr0.24 loss per share (vs kr0.27 loss in FY 2021)

Forecast breakeven date pushed back to 2024

High number of new and inexperienced directors

Third quarter 2022 earnings released: kr0.057 loss per share (vs kr0.044 loss in 3Q 2021)

Alelion Energy Systems AB (publ) to Report Q3, 2023 Results on Oct 25, 2023

Alelion Energy Systems AB (publ) Recruits Magnus Baeckström as Head of Product

Alelion Recruits Henrik Svala as Chief Technical Officer

First quarter 2022 earnings released: kr0.047 loss per share (vs kr0.071 loss in 1Q 2021)

Less than half of directors are independent

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Alelion Energy Systems AB (publ) to Report Nine Months, 2022 Results on Oct 27, 2022

Alelion Supplies Batteries for A Fuel-Cell Solution, A New Customer in the Strategically Important Construction Equipment Segment

Third quarter 2021 earnings released

Second quarter 2021 earnings released: kr0.058 loss per share (vs kr0.14 loss in 2Q 2020)

Chief Financial Officer recently bought €6.5k worth of stock

First quarter 2021 earnings released

Alelion Energy Systems AB (Publ) Receives New Order from the German Special Vehicle Manufacturer Kamag

Alelion Energy Systems AB (Publ) Announces First Major Order from New Distributor Network

Alelion Energy Systems AB (publ) to Report Fiscal Year 2020 Results on Apr 21, 2021

Full year 2020 earnings released: kr0.65 loss per share (vs kr0.80 loss in FY 2019)

Alelion Receives Another Follow-Up Order from the Global Special Vehicle Manufacturer Terberg Group Worth SEK 8 Million

Third quarter 2020 earnings released: kr0.13 loss per share

Alelion Energy Systems Receives Additional Follow-Up Order from Global Special Vehicle Manufacturer Terberg Group

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age