Axfood Management

Management criteria checks 2/4

Axfood's CEO is Simone Margulies, appointed in Feb 2020, has a tenure of 4.75 years. directly owns 0.006% of the company’s shares, worth €248.99K. The average tenure of the management team and the board of directors is 6.3 years and 8.7 years respectively.

Key information

Simone Margulies

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	4.8yrs
CEO ownership	0.006%
Management average tenure	6.3yrs
Board average tenure	8.7yrs

Recent management updates

Recent updates

CEO

Simone Margulies (46 yo)

4.8yrs

Tenure

Ms. Simone Margulies serves as Vice President at Dagab. She served as President and Managing Director of Hemkopskedjan AB since February 1, 2020 until August 15, 2024. She is an employe at Axfood AB (publ)...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Simone Margulies	President & CEO	4.8yrs	no data	0.0058% € 249.0k
Anders Lexmon	Chief Financial Officer	7.7yrs	no data	0.010% € 440.7k
Catarina Forsgren	Head of Group Accounting	no data	no data	no data
Alexander Bergendorf	Head of Investor Relations	4.8yrs	no data	no data
Sandra Branstad	General Counsel & Company Secretary	6.8yrs	no data	0.0054% € 234.8k
Sara Westrell	Head of Corporate Communications	6.8yrs	no data	0.0035% € 149.9k
Monica Langbo	Head of Human Resources	5.8yrs	no data	0.0042% € 180.5k
Åsa Domeij	Head of Sustainability	no data	no data	no data
Nicholas Pettersson	Managing Director of Willys	no data	no data	0.0096% € 413.1k
Eva Pettersson	Managing Director of Snabbgross	no data	no data	0.011% € 486.3k
Carl Stenbeck	Head of Strategy & Business Development	6.8yrs	no data	0.0037% € 159.8k
Karin Hedlund	Head of IT	4yrs	no data	0.0021% € 92.2k

6.3yrs

Average Tenure

53yo

Average Age

Experienced Management: AXL1's management team is seasoned and experienced (6.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Maria Livfors	Director	8.7yrs	SEK 868.00k	no data
Christian Luiga	Independent Director	4.7yrs	SEK 705.00k	0.0023% € 99.9k
Peter Ruzicka	Independent Director	3.7yrs	SEK 593.00k	0.00019% € 8.2k
Caroline Berg	Non-Independent Director	10.8yrs	SEK 555.00k	0.0061% € 264.1k
Lars Ostberg	Employee Representative Director	8.7yrs	no data	no data
Michael Sjoren	Employee Representative Director	14.1yrs	no data	no data
Thomas Ekman	Chairman	1.7yrs	SEK 383.00k	0.0014% € 59.9k
Fabian Bengtsson	Independent Director	8.7yrs	SEK 543.00k	0.0093% € 401.1k
Anders Helsing	Employee Representative Director	8.7yrs	no data	0.000030% € 1.3k
Sara Ohrvall	Independent Director	2.7yrs	SEK 605.00k	0.000080% € 3.4k

8.7yrs

Average Tenure

56yo

Average Age

Experienced Board: AXL1's board of directors are considered experienced (8.7 years average tenure).

Axfood Management

Management criteria checks 2/4

Key information

Recent management updates

Axfood AB (publ), Annual General Meeting, Mar 19, 2025

Axfood AB (Publ) Announces CEO Changes

Axfood AB (Publ) Announces President Changes

Axfood AB (Publ) Appoints Simone Margulies as CEO, Effective 15 August 2024

Axfood AB (publ) Announces President Changes, Effective 15 August 2024

Klas Balkow to Leave His Role as CEO of Axfood

Recent updates

Axfood AB (publ), Annual General Meeting, Mar 19, 2025

Third quarter 2024 earnings released: EPS: kr3.26 (vs kr3.38 in 3Q 2023)

The Swedish Competition Authority Approves Axfood's Acquisition of City Gross

Upcoming dividend of kr4.25 per share

Axfood AB (Publ) Announces CEO Changes

Second quarter 2024 earnings released: EPS: kr2.68 (vs kr2.93 in 2Q 2023)

Axfood AB (publ) to Report Q2, 2025 Results on Jul 11, 2025

Axfood AB (publ) (OM:AXFO) reached an agreement to acquire remaining 90.1% stake in City Gross Sverige AB from Bergendahl Food Holding Ab for SEK 2 billion.

Axfood AB (Publ) Announces President Changes

Axfood AB (publ) to Report Fiscal Year 2024 Results on Jan 30, 2025

First quarter 2024 earnings released: EPS: kr2.60 (vs kr2.20 in 1Q 2023)

Axfood AB (Publ) Appoints Simone Margulies as CEO, Effective 15 August 2024

Axfood AB (publ) Announces President Changes, Effective 15 August 2024

Dividend of kr4.25 announced

Axfood AB (publ) Approves Dividend, Payable on March 27, 2024 and September 25 , 2024

Upcoming dividend of kr4.25 per share

Final dividend of kr4.25 announced

Axfood AB (Publ) Proposes Dividend, Payable on 27 March and 25 September 2024

Klas Balkow to Leave His Role as CEO of Axfood

Full year 2023 earnings released: EPS: kr10.92 (vs kr11.07 in FY 2022)

Axfood AB (publ) Announces Nominating Committee

Third quarter 2023 earnings released: EPS: kr3.38 (vs kr3.40 in 3Q 2022)

Axfood AB (publ) Announces Executive Changes

Axfood AB (publ), Annual General Meeting, Mar 20, 2024

Upcoming dividend of kr4.00 per share at 3.1% yield

Second quarter 2023 earnings released: EPS: kr2.93 (vs kr2.75 in 2Q 2022)

Axfood AB (publ) to Report Q3, 2024 Results on Oct 24, 2024

Managing Director of Willys recently sold €226k worth of stock

President & CEO recently sold €281k worth of stock

First quarter 2023 earnings released: EPS: kr2.20 (vs kr3.30 in 1Q 2022)

Less than half of directors are independent

Upcoming dividend of kr4.15 per share at 3.3% yield

Axfood AB (Publ) Declares Dividend into Two Payments, Payable on 29 March and 27 September 2023 Respectively

Full year 2022 earnings released: EPS: kr11.04 (vs kr10.28 in FY 2021)

Christer Åberg Not to Stand for Re-Election as Board Member

Third quarter 2022 earnings released: EPS: kr3.40 (vs kr2.93 in 3Q 2021)

Axfood AB (publ) Announces Change in the Nominating Committee

Investor sentiment deteriorated over the past week

Upcoming dividend of kr3.75 per share

Axfood AB (publ) Announces Nominating Committee for 2023 Annual General Meeting

Axfood AB (publ) to Report First Half, 2023 Results on Jul 14, 2023

Axfood AB (Publ) Approves the Total Dividend for 2021

Second quarter 2022 earnings released: EPS: kr2.75 (vs kr2.27 in 2Q 2021)

President & CEO recently sold €246k worth of stock

Axfood AB (publ) to Report Q1, 2023 Results on Apr 26, 2023

Investor sentiment improved over the past week

MatHem i Sverige AB completed the acquisition of Matse Holding AB (publ) from Axfood AB (publ) (OM:AXFO).

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

MatHem i Sverige AB entered into an agreement to acquire Matse Holding AB (publ) from Axfood AB (publ) (OM:AXFO) for SEK 688 million.

Third quarter 2021 earnings released: EPS kr2.93 (vs kr2.95 in 3Q 2020)

Upcoming dividend of kr3.75 per share

Second quarter 2021 earnings released: EPS kr2.27 (vs kr2.22 in 2Q 2020)

Head of Human Resources recently bought €28k worth of stock

Insider recently bought €98k worth of stock

First quarter 2021 earnings released: EPS kr2.16 (vs kr1.93 in 1Q 2020)

Independent Director has left the company

Vice Chairman Lars Olofsson has left the company

Upcoming Dividend of kr3.75 Per Share

Full year 2020 earnings released: EPS kr9.12 (vs kr7.87 in FY 2019)

Revenue misses expectations

New 90-day high: €19.97

Revenue misses expectations

Full year 2020 earnings released: EPS kr9.12 (vs kr7.87 in FY 2019)

New 90-day low: €18.13

Axfood Announces Changes in the Nominating Committee

Third quarter earnings released

Third-quarter earnings released: Revenue beats expectations

New 90-day high: €20.30

New 90-day high: €20.06