Afry Management

Management criteria checks 1/4

Afry's CEO is Jonas Gustavsson, appointed in Apr 2017, has a tenure of 7.58 years. directly owns 0.027% of the company’s shares, worth €408.55K. The average tenure of the management team and the board of directors is 5.4 years and 2.2 years respectively.

Key information

Jonas Gustavsson

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	7.6yrs
CEO ownership	0.03%
Management average tenure	5.4yrs
Board average tenure	2.2yrs

Recent management updates

Recent updates

CEO

Jonas Gustavsson (51 yo)

7.6yrs

Tenure

Mr. Jonas Gustavsson serves as Independent Director at Fortum Oyj since April 13, 2023. He has been the Chief Executive Officer and President of Afry AB (formerly known as ÅF Pöyry AB (publ)) (formerly kno...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Jonas Gustavsson	President & CEO	7.6yrs	no data	0.027% € 408.6k
Bo Sandstrom	Executive VP & CFO	2yrs	no data	no data
Ebba Vassallo	Head of Investor Relations	no data	no data	no data
Susan Gustafsson	Group General Counsel	5.1yrs	no data	0.0018% € 26.6k
Prima Gamukama	Compliance & Ethics Officer	no data	no data	no data
Cathrine Sandegren	Executive VP and Head of Communications & Brand	no data	no data	0.0031% € 46.5k
Sara Klingenborg	Executive VP & Head of Human Resources	2.5yrs	no data	0.0011% € 16.0k
Robert Larsson	Executive VP & Head of Division Infrastructure	6.8yrs	no data	0.015% € 225.9k
Nicholas Oksanen	Executive VP & Head of Division Process Industries	5.8yrs	no data	no data
Helena Paulsson	Head of Urban Development	no data	no data	no data
Roland Lorenz	Executive VP & Head of Management Consulting Division	no data	no data	0.0071% € 106.2k
Henrik Tegner	Executive VP	no data	no data	0.0038% € 57.2k

5.4yrs

Average Tenure

51yo

Average Age

Experienced Management: B3Y1's management team is seasoned and experienced (5.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Tom Erixon	Chairman of the Board	3.4yrs	SEK 1.85m	0.031% € 468.6k
Henrik Ehrnrooth	Independent Director	5.8yrs	SEK 600.00k	no data
Maria Schauman	Independent Director	12.5yrs	SEK 750.00k	0.0071% € 106.2k
Magnus Heimburg	Director	less than a year	no data	no data
Neil McArthur	Independent Director	3.4yrs	SEK 500.00k	0.017% € 261.5k
Åsa Pettersson	Director	less than a year	no data	no data
Jessica Akerdahl	Employee Representative Director	5.6yrs	no data	no data
Jenny Larsson	Director	less than a year	no data	no data
Bodil Werkstrom	Employee Representative Director	1.8yrs	no data	no data
Tuula Teeri	Director	2.6yrs	SEK 500.00k	no data
Vilhelm Ortendahl	Employee Representative Deputy Director	1.8yrs	no data	no data
Stefan Hellqvist	Deputy Employee Representative Director	less than a year	no data	no data

2.2yrs

Average Tenure

58yo

Average Age

Experienced Board: B3Y1's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.

Afry Management

Management criteria checks 1/4

Key information

Recent management updates

Afry AB Appoints Nomination Committee Members for 2025 Annual General Meeting

Jonas Gustavsson, CEO is Leaving Afry AB

High number of new directors

Afry AB, Annual General Meeting, Apr 23, 2024

Afry AB Appoints Nomination Committee

Afry AB Announces Management Changes, Effective September 1, 2023

Recent updates

New minor risk - Financial position

Third quarter 2024 earnings released: EPS: kr1.32 (vs kr1.32 in 3Q 2023)

Afry AB to Report Q1, 2025 Results on Apr 24, 2025

Afry AB Appoints Nomination Committee Members for 2025 Annual General Meeting

Jonas Gustavsson, CEO is Leaving Afry AB

Second quarter 2024 earnings released: EPS: kr3.33 (vs kr1.78 in 2Q 2023)

Upcoming dividend of kr5.50 per share

Full year 2023 earnings released: EPS: kr9.71 (vs kr8.60 in FY 2022)

Afry AB Proposes Dividend, Payable on 30 April 2024

Dividend of kr5.50 announced

Dividend of kr5.50 announced

Investor sentiment improves as stock rises 15%

Full year 2023 earnings released: EPS: kr9.71 (vs kr8.60 in FY 2022)

Afry AB to Report Q4, 2024 Results on Feb 07, 2025

High number of new directors

Afry AB (OM:AFRY) entered into an agreement to acquire Som System Mérnöki Iroda Korlátolt Felelosségu Társaság and Ttsa Mérnökiroda Korlátolt Felelosségu Társa.

Afry AB, Annual General Meeting, Apr 23, 2024

Afry AB Appoints Nomination Committee

Afry AB Announces Management Changes, Effective September 1, 2023

New major risk - Financial position

Second quarter 2023 earnings released

Afry AB to Report Q4, 2023 Results on Feb 02, 2024

Afry AB (OM:AFRY) agreed to acquire KSH Solutions, Inc.

First quarter 2023 earnings released

Upcoming dividend of kr5.50 per share at 3.0% yield

Afry AB (OM:AFRY) acquired Blix Consultancy B.V.

Full year 2022 earnings released: EPS: kr8.60 (vs kr9.97 in FY 2021)

Afry AB Proposes Dividend for 2022

Less than half of directors are independent

Afry AB to Report Q2, 2023 Results on Jul 18, 2023

Afry AB, Annual General Meeting, Apr 27, 2023

AFRY Divests Its Operations in Russia

Afry AB Appoints Bo Sandström as Executive Vice President

Investor sentiment improved over the past week

Afry AB Announces That Juuso Pajunen Will Leave His Position as CFO

Second quarter 2022 earnings released: EPS: kr1.53 (vs kr2.57 in 2Q 2021)

Afry AB (OM:AFRY) acquired Ionic Consulting Limited.

Afry AB Appoints Linda Pålsson as Executive Vice President & Head of Energy Division

AFRY Launches FoodFactFinder - A New Digital Solution to Counteract Global Food Issues

Afry AB Announces Approval of its Science-Based Targets

Less than half of directors are independent

Less than half of directors are independent

First quarter 2022 earnings released

Less than half of directors are independent

Upcoming dividend of kr5.50 per share

Full year 2021 earnings released: EPS: kr9.97 (vs kr8.29 in FY 2020)

Afry AB (OM:AFRY) signed an agreement to acquire Weop Ab.

Investor sentiment improved over the past week

Afry AB Proposes Dividend for 2021

President & CEO recently bought €51k worth of stock

President & CEO recently bought €51k worth of stock

Third quarter 2021 earnings released: EPS kr2.20 (vs kr1.29 in 3Q 2020)

Afry AB (OM:AFRY) acquired Insuco Aps.

Afry AB (OM:AFRY) signed an agreement to acquire Cubiq Analytics Oy.

President & CEO recently sold €436k worth of stock

Second quarter 2021 earnings released: EPS kr2.60 (vs kr1.88 in 2Q 2020)

Independent Director Salla Pöyry has left the company

Independent Chairman of the Board Anders Narvinger has left the company

Independent Director Jonas Abrahamsson has left the company

Independent Director Ulf Södergren has left the company

ÅF Pöyry AB (publ) (OM:AF B) acquired Numerola Oy Ltd.

ÅF Pöyry AB (publ) (OM:AF B) acquired MosaicMill.

Upcoming dividend of kr5.00 per share

ÅF Pöyry AB (publ) (OM:AF B) signed an agreement to acquire Pinja Industry Oy.

First quarter 2021 earnings released: EPS kr2.66 (vs kr2.48 in 1Q 2020)

New 90-day low: €21.72

ÅF Pöyry AB (publ)Wins Road Contract in Norway

Full year 2020 earnings released: EPS kr8.79 (vs kr8.07 in FY 2019)

Revenue misses expectations