Clas Ohlson Management
Management criteria checks 3/4
Clas Ohlson's CEO is Kristofer Tonström, appointed in Feb 2021, has a tenure of 3.17 years. total yearly compensation is SEK8.70M, comprised of 75.9% salary and 24.1% bonuses, including company stock and options. directly owns 0.048% of the company’s shares, worth €345.79K. The average tenure of the management team and the board of directors is 1.8 years and 6.3 years respectively.
Key information
Kristofer Tonström
Chief executive officer
kr8.7m
Total compensation
| CEO salary percentage | 75.9% |
| CEO tenure | 3.2yrs |
| CEO ownership | 0.05% |
| Management average tenure | 1.8yrs |
| Board average tenure | 6.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jan 31 2024 | n/a | n/a | kr445m |
| Oct 31 2023 | n/a | n/a | kr282m |
| Jul 31 2023 | n/a | n/a | kr178m |
| Apr 30 2023 | kr9m | kr7m | kr181m |
| Jan 31 2023 | n/a | n/a | kr188m |
| Oct 31 2022 | n/a | n/a | kr316m |
| Jul 31 2022 | n/a | n/a | kr395m |
| Apr 30 2022 | kr10m | kr7m | kr523m |
| Jan 31 2022 | n/a | n/a | kr474m |
| Oct 31 2021 | n/a | n/a | kr452m |
| Jul 31 2021 | n/a | n/a | kr408m |
| Apr 30 2021 | kr7m | kr2m | kr422m |
Compensation vs Market: Kristofer's total compensation ($USD789.50K) is below average for companies of similar size in the German market ($USD1.28M).
Compensation vs Earnings: Kristofer's compensation has been consistent with company performance over the past year.
CEO
Kristofer Tonström (44 yo)
3.2yrs
Tenure
kr8,700,000
Compensation
Mr. Kristofer Tonström serves as President and Chief Executive Officer at Clas Ohlson AB (publ) since February 8, 2021. He served as Chief Executive Officer of Filippa K AB until April 1 2021.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & CEO | 3.2yrs | kr8.70m | 0.048% SEK 345.8k | |
| Chief Financial Officer | 1.4yrs | no data | 0.015% SEK 108.2k | |
| Director of Operations | 1.3yrs | no data | 0.0041% SEK 29.7k | |
| HR & Sustainability Director and General Counsel | 3.3yrs | no data | 0.018% SEK 129.9k | |
| Product & Quality Compliance Manager | no data | no data | no data | |
| Group Head of Communications | no data | no data | no data | |
| Director of Sales & E-com | 2.3yrs | no data | 0.0043% SEK 31.0k | |
| Head of Merchandiser | no data | no data | no data | |
| Head of Business Controlling | 1.4yrs | no data | no data | |
| Head of Business Planning & Business Development | no data | no data | no data | |
| Head of Customer | no data | no data | no data | |
| Country Sales Leader - Finland | no data | no data | no data |
1.8yrs
Average Tenure
46.5yo
Average Age
Experienced Management: OHCB's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Chairman of the Board | 11.3yrs | kr990.00k | 0.14% SEK 991.1k | |
| Independent Director | 6.6yrs | kr480.00k | 0.0079% SEK 56.9k | |
| Independent Director | 5.6yrs | kr480.00k | 0.0084% SEK 60.4k | |
| Independent Director | 3.6yrs | kr390.00k | 0.0040% SEK 28.5k | |
| Director | 9.6yrs | kr560.00k | 0.0087% SEK 62.6k | |
| Independent Director | 3.6yrs | kr460.00k | 0.0095% SEK 68.3k | |
| Director | 8.6yrs | kr460.00k | 3.77% SEK 27.2m | |
| Independent Director | 6.6yrs | kr390.00k | 0.0066% SEK 47.9k | |
| Employee Representative Director | 6.3yrs | no data | no data | |
| Employee Representative Director | 6.3yrs | no data | no data | |
| Deputy Employee Representative Director | 5.3yrs | no data | no data | |
| Deputy Employee Representative Director | 2.3yrs | no data | no data |
6.3yrs
Average Tenure
54yo
Average Age
Experienced Board: OHCB's board of directors are considered experienced (6.3 years average tenure).