Electrolux Professional Management

Management criteria checks 3/4

Electrolux Professional's CEO is Alberto Zanata, appointed in Jan 2009, has a tenure of 15.83 years. total yearly compensation is SEK16.60M, comprised of 43.8% salary and 56.2% bonuses, including company stock and options. directly owns 0.06% of the company’s shares, worth SEK11.09M. The average tenure of the management team and the board of directors is 5.3 years and 5.8 years respectively.

Key information

Alberto Zanata

Chief executive officer

SEK 16.6m

Total compensation

CEO salary percentage	43.8%
CEO tenure	15.8yrs
CEO ownership	0.06%
Management average tenure	5.3yrs
Board average tenure	5.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Alberto Zanata's remuneration changed compared to Electrolux Professional's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	SEK 757m
Jun 30 2024	n/a	n/a	SEK 729m
Mar 31 2024	n/a	n/a	SEK 756m
Dec 31 2023	SEK 17m	SEK 7m	SEK 775m
Sep 30 2023	n/a	n/a	SEK 810m
Jun 30 2023	n/a	n/a	SEK 846m
Mar 31 2023	n/a	n/a	SEK 721m
Dec 31 2022	SEK 11m	SEK 6m	SEK 686m
Sep 30 2022	n/a	n/a	SEK 611m
Jun 30 2022	n/a	n/a	SEK 551m
Mar 31 2022	n/a	n/a	SEK 587m
Dec 31 2021	SEK 12m	SEK 6m	SEK 487m

Compensation vs Market: Alberto's total compensation ($USD1.50M) is below average for companies of similar size in the UK market ($USD2.14M).

Compensation vs Earnings: Alberto's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Alberto Zanata (64 yo)

15.8yrs

Tenure

SEK 16,598,000

Compensation

Mr. Alberto Zanata serves as President and Chief Executive Officer at Electrolux Professional AB (publ) since 2009 and was its Acting President of Business Area Food Europe since July 2022 until March 6, 2...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Alberto Zanata	President & CEO	15.8yrs	SEK 16.60m	0.060% SEK 11.1m
Fabio Zarpellon	Chief Financial Officer	15.8yrs	no data	0.011% SEK 2.1m
Carlo Caroni	Chief Operations Officer	10.8yrs	no data	0.0095% SEK 1.8m
Guilhem Senegas	Chief Information Officer & Head of Digital Transformation	4.8yrs	no data	0.00029% SEK 53.3k
Jacob Broberg	Chief Communication & Investor Relations Officer	5.8yrs	no data	0.0072% SEK 1.3m
Carolina Tendorf	General Counsel	3.8yrs	no data	0.0025% SEK 454.3k
Pia Hovland	Chief Human Resources Officer	4.1yrs	no data	0.0069% SEK 1.3m
Paolo Schira	President of Business Area Laundry	5.8yrs	no data	0.0092% SEK 1.7m
Philippe Zavattiero	President of Business Area Beverage & Food Preparation	11.8yrs	no data	0.011% SEK 2.0m
Richard Flynn	President of Business Area Food APAC & MEA	3.1yrs	no data	0.0027% SEK 502.1k
David Herring	President of Business Area Food Americas	2.8yrs	no data	no data
Camilla Kirstein	President of Business Area Food Europe	1.7yrs	no data	no data

5.3yrs

Average Tenure

56.5yo

Average Age

Experienced Management: EPROBS's management team is seasoned and experienced (5.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Hans Meyer	Independent Member of the Board of Director	5.8yrs	SEK 730.00k	0.0031% SEK 575.7k
Daniel Nodhall	Director	5.8yrs	SEK 754.00k	0.0070% SEK 1.3m
Per Magnusson	Deputy Employee Representative Director	1.8yrs	no data	no data
Kai Warn	Independent Chairman of the Board	5.8yrs	SEK 1.75m	0.036% SEK 6.7m
Carsten Voigtlander	Independent Director	5.8yrs	SEK 556.00k	0.0035% SEK 640.1k
Lorna Donatone	Independent Director	5.8yrs	SEK 757.00k	0.0031% SEK 575.7k
Josef Matosevic	Independent Director	1.6yrs	SEK 505.00k	no data
Martine Snels	Independent Director	5.8yrs	SEK 670.00k	0.0035% SEK 640.1k
Joachim Nord	Employee Representative Director	5.8yrs	no data	0.000050% SEK 9.2k
Katharine Clark	Independent Member of the Board of Director	4.8yrs	SEK 556.00k	0.0031% SEK 575.7k
Jens Pierard	Employee Representative Director	1.8yrs	no data	no data
Helen Akerman	Deputy Employee Representative Director	less than a year	no data	no data

5.8yrs

Average Tenure

57yo

Average Age

Experienced Board: EPROBS's board of directors are considered experienced (5.8 years average tenure).

Electrolux Professional Management

Management criteria checks 3/4

Key information

Recent management updates

Electrolux Professional Group Announces Management Change

Electrolux Professional AB (publ) Appoints Nomination Committee

Electrolux Professional Group announces retirement of Dave Herring as President Business Area Food Europe

Electrolux Professional AB (publ), Annual General Meeting, Apr 25, 2024

Electrolux Professional AB (Publ) Announces Change in Employee Representatives

Electrolux Professional AB (publ) Appoints Nomination Committee Ahead of Annual General Meeting 2023

Recent updates

Electrolux Professional Group Announces Management Change

The Electrolux Professional Group Launches the New Innovative NeoBlue Touch Undercounter Dishwasher

Electrolux Professional AB (publ) Appoints Nomination Committee

Electrolux Professional Group announces retirement of Dave Herring as President Business Area Food Europe

Electrolux Professional AB (publ) to Report Q1, 2025 Results on Apr 29, 2025

Electrolux Professional AB (Publ) Approves Dividend for 2023

Electrolux Professional AB (publ) to Report Q4, 2024 Results on Jan 31, 2025

Dividend increased to kr0.80

Electrolux Professional Proposes to Distribute Dividend for the Financial Year 2023, Payable on May 3, 2024

Electrolux Professional AB (publ) to Report Fiscal Year 2023 Final Results between Mar 25, 2024 and Mar 28, 2024

Electrolux Professional AB (publ) to Report Q3, 2024 Results on Oct 25, 2024

Electrolux Professional AB (publ) (OM:EPRO B) completed the acquisition of Tosei Corporation (TSE:8923) from Marunouchi Capital Fund 2 managed by Marunouchi Capital Inc. and Marunouchi Global Fund II.

Electrolux Professional AB (publ), Annual General Meeting, Apr 25, 2024

Electrolux Professional AB (publ) to Report Q2, 2024 Results on Jul 19, 2024

Second quarter 2023 earnings released: EPS: kr0.89 (vs kr0.46 in 2Q 2022)

Now 20% undervalued

Upcoming dividend of kr0.70 per share at 1.3% yield

Full year 2022 earnings released

Now 21% undervalued

Full year 2022 earnings released: EPS: kr2.39 (vs kr1.70 in FY 2021)

Electrolux Professional AB (publ) Proposes to Distribute Dividend for the 2022 Financial Year, Payable on May 4, 2023

Now 20% undervalued

Electrolux Professional AB (Publ) Announces Change in Employee Representatives

Electrolux Professional AB (publ) to Report Fiscal Year 2022 Results on Mar 28, 2023

Electrolux Professional AB (publ) to Report Q2, 2023 Results on Jul 21, 2023

Investor sentiment deteriorated over the past week

Third quarter 2022 earnings released

Electrolux Professional AB (publ) Appoints Nomination Committee Ahead of Annual General Meeting 2023

Electrolux Professional AB (publ) Appoints Camilla Monefeldt Kirstein as President Business Area Food Europe

Electrolux Professional AB (publ) Appoints Camilla Monefeldt Kirstein as President Business Area Food Europe

Electrolux Professional AB (publ), Annual General Meeting, Apr 26, 2023

A local management acquired Electrolux's business in Russia from Electrolux Professional AB (publ) (OM:EPRO B).

Electrolux Professional AB (publ) Announces Changes in Group Management

Electrolux Professional AB (publ) to Report Q4, 2022 Results on Jan 31, 2023

Electrolux Professional AB (Publ) Proposes Dividend for the Year 2021, Payable on May 5, 2022

Electrolux Professional AB (publ) (OM:EPRO B) completed the acquisition of Unified Brands, Inc. from Dover Corporation (NYSE:DOV) on December 1, 2021.

Electrolux Professional AB (publ) to Report Q2, 2021 Results on Jul 22, 2021

Electrolux Professional AB (publ)(OM:EPRO B) dropped from S&P EUROPE 350

Electrolux Professional Official Partner of New École Ducasse-Paris Campus

Electrolux Professional AB (publ) to Report Q1, 2021 Results on Apr 27, 2021

Electrolux Professional AB (publ)(OM:EPRO B) dropped from FTSE All-World Index (USD)

Electrolux Professional AB (publ) Announces Executive Appointments

Nasdaq Stockholm AB Decides to Delist the Class A Shares in Electrolux Professional AB

Electrolux Professional Applies for Delisting of Electrolux Professional's Series A Shares

Electrolux Professional AB (publ) to Report Q2, 2020 Results on Jul 24, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age