Garo Aktiebolag (publ)

BATS-CHIXE:GAROS Stock Report

Market Cap: SEK 1.6b

Garo Aktiebolag Management

Management criteria checks 4/4

Garo Aktiebolag's CEO is Patrik Andersson, appointed in Feb 2019, has a tenure of 4.67 years. total yearly compensation is SEK3.40M, comprised of 70.6% salary and 29.4% bonuses, including company stock and options. directly owns 0.41% of the company’s shares, worth SEK6.67M. The average tenure of the management team and the board of directors is 4.7 years and 4.4 years respectively.

Key information

Patrik Andersson

Chief executive officer

SEK 3.4m

Total compensation

CEO salary percentage70.6%
CEO tenure4.7yrs
CEO ownership0.4%
Management average tenure4.7yrs
Board average tenure4.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Patrik Andersson's remuneration changed compared to Garo Aktiebolag's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2023n/an/a

SEK 74m

Mar 31 2023n/an/a

SEK 88m

Dec 31 2022SEK 3mSEK 2m

SEK 121m

Sep 30 2022n/an/a

SEK 160m

Jun 30 2022n/an/a

SEK 173m

Mar 31 2022n/an/a

SEK 182m

Dec 31 2021SEK 3mSEK 2m

SEK 167m

Sep 30 2021n/an/a

SEK 155m

Jun 30 2021n/an/a

SEK 144m

Mar 31 2021n/an/a

SEK 119m

Dec 31 2020SEK 3mSEK 2m

SEK 95m

Sep 30 2020n/an/a

SEK 85m

Jun 30 2020n/an/a

SEK 75m

Mar 31 2020n/an/a

SEK 76m

Dec 31 2019SEK 3mSEK 2m

SEK 86m

Compensation vs Market: Patrik's total compensation ($USD309.82K) is about average for companies of similar size in the UK market ($USD348.41K).

Compensation vs Earnings: Patrik's compensation has been consistent with company performance over the past year.

CEO

Patrik Andersson (45 yo)

4.7yrs

Tenure

SEK 3,400,000

Compensation

Mr. Patrik Andersson has been President and Chief Executive Officer at Garo Aktiebolag (publ) since May 2019. Mr. Andersson served as Marketing Manager at Garo Aktiebolag (publ) since 2015 until May 2019 a...

Leadership Team

NamePositionTenureCompensationOwnership
Patrik Andersson
President & CEO4.7yrsSEK 3.40m0.41%
SEK 6.7m
Helena Claesson
Chief Financial Officer4.8yrsno data0.0011%
SEK 18.0k
Bo Eriksson
Acting Chief Technology Officerless than a yearno datano data

4.7yrs

Average Tenure

Experienced Management: GAROS's management team is considered experienced (4.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Johan Paulsson
Director2.4yrsSEK 300.00kno data
Rickard Blomqvist
Chairman of the Board8.1yrsSEK 800.00k2.05%
SEK 33.4m
Martin Althén
Director2.4yrsSEK 300.00kno data
Lars-Ake Rydh
Independent Director5.4yrsSEK 400.00k0.050%
SEK 816.5k
Susanna Hilleskog
Independent Director5.4yrsSEK 300.00kno data
Mari-Katharina Kadowaki
Independent Director4.4yrsSEK 300.00k0.0018%
SEK 29.1k
Lars Kongstad
Independent Directorless than a yearno datano data
Jonas Lohtander
Employee Representative Director4.4yrsno data0.0030%
SEK 49.0k
My Back
Employee Representative Directorless than a yearno data0.000030%
SEK 489.9

4.4yrs

Average Tenure

59yo

Average Age

Experienced Board: GAROS's board of directors are considered experienced (4.4 years average tenure).