Husqvarna Management

Management criteria checks 3/4

Husqvarna's CEO is Pavel Hajman, appointed in Dec 2022, has a tenure of 1.75 years. total yearly compensation is SEK15.78M, comprised of 62.1% salary and 37.9% bonuses, including company stock and options. directly owns 0.027% of the company’s shares, worth SEK10.86M. The average tenure of the management team and the board of directors is 2.5 years and 5.4 years respectively.

Key information

Pavel Hajman

Chief executive officer

SEK 15.8m

Total compensation

CEO salary percentage	62.1%
CEO tenure	1.8yrs
CEO ownership	0.03%
Management average tenure	2.5yrs
Board average tenure	5.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Pavel Hajman's remuneration changed compared to Husqvarna's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	SEK 2b
Mar 31 2024	n/a	n/a	SEK 2b
Dec 31 2023	SEK 16m	SEK 10m	SEK 2b
Sep 30 2023	n/a	n/a	SEK 2b
Jun 30 2023	n/a	n/a	SEK 2b
Mar 31 2023	n/a	n/a	SEK 2b
Dec 31 2022	SEK 277k	SEK 277k	SEK 2b

Compensation vs Market: Pavel's total compensation ($USD1.56M) is below average for companies of similar size in the UK market ($USD2.66M).

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

CEO

Pavel Hajman (59 yo)

1.8yrs

Tenure

SEK 15,781,000

Compensation

Mr. Pavel Hajman is Chief Executive Officer of Husqvarna AB (publ) since May 4, 2023 and serves as its Director since April 18, 2024. He was Executive Vice President of Global Information Services of Husqv...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Pavel Hajman	CEO & Director	1.8yrs	SEK 15.78m	0.027% SEK 10.9m
Terry Burke	CFO and Executive VP of Finance	2.5yrs	no data	0.0073% SEK 2.9m
Brian Belanger	Executive VP of Legal Affairs & General Counsel and Board Secretary	9.3yrs	no data	0.015% SEK 6.0m
Leigh Dagberg	Executive Vice President of People & Organization	5.9yrs	no data	0.0061% SEK 2.5m
Glen Instone	Executive VP and President of Forest & Garden Division	2.5yrs	no data	0.016% SEK 6.7m
Karin Falk	Executive VP & President of Construction Division	4yrs	no data	0.0057% SEK 2.3m
Henrik Sjöström	Head of External Communications	no data	no data	no data
Robert Hafredal	Group CIO & Executive VP of Global Information Services	1.8yrs	no data	0.0022% SEK 899.0k
Andreas Rangert	President of North America	less than a year	no data	no data
Claus Andersen	President of the Gardena Division	less than a year	no data	no data
Anna Fogelström	Group Supply Chain Planning Manager	no data	no data	no data

2.5yrs

Average Tenure

53yo

Average Age

Experienced Management: HUSQBS's management team is considered experienced (2.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Pavel Hajman	CEO & Director	less than a year	SEK 15.78m	0.027% SEK 10.9m
Thomas Johnstone	Chairman of the Board	18.7yrs	SEK 2.34m	0.0028% SEK 1.1m
Lars Pettersson	Director	10.4yrs	SEK 800.00k	0.00087% SEK 353.9k
Daniel Nodhall	Director	11.4yrs	SEK 835.00k	0.0035% SEK 1.4m
Ingrid Bonde	Independent Director	3.4yrs	SEK 940.00k	0.0010% SEK 427.1k
Torbjorn Loof	Deputy Chair of the Board	1.4yrs	SEK 650.00k	0.0044% SEK 1.8m
Christine Robins	Independent Director	7.4yrs	SEK 650.00k	0.00065% SEK 264.4k
Katarina Martinson	Director	12.5yrs	SEK 835.00k	0.086% SEK 35.0m
Bertrand Neuschwander	Independent Director	8.4yrs	SEK 740.00k	0.0013% SEK 532.9k
Anders Krantz	Employee Representative Director	1.8yrs	no data	0.000010% SEK 4.1k
Thomas Elmqvist	Chairman of Husqvarna International Biodiversity Advisory Board	less than a year	no data	no data
Sandra Lavorel	Member of Husqvarna International Biodiversity Advisory Board	less than a year	no data	no data

5.4yrs

Average Tenure

59yo

Average Age

Experienced Board: HUSQBS's board of directors are considered experienced (5.4 years average tenure).

Husqvarna Management

Management criteria checks 3/4

Key information

Recent management updates

Husqvarna AB (publ), Annual General Meeting, Apr 29, 2025

Husqvarna Group Announces Executive Changes

Husqvarna AB Appoints Torbjörn Lööf as Deputy Chair of the Board

Less than half of directors are independent

Husqvarna AB (Publ) Announces Pär Åström to Leave Husqvarna Group, Effective June 30, 2024

Less than half of directors are independent

Recent updates

Silchester Continuation Limited acquired 5% stake in Husqvarna AB (publ) (OM:HUSQ B).

Husqvarna AB (publ), Annual General Meeting, Apr 29, 2025

Husqvarna AB (publ) (OM:HUSQ B) signed an agreement to acquire InCeres Desenvolvimento de Software e Processamento de Dados S.A.

Husqvarna Group Announces Executive Changes

Husqvarna AB Appoints Torbjörn Lööf as Deputy Chair of the Board

Husqvarna AB (Publ) Approves Dividend for the Financial Year 2023, Payable on April 25, 2024 and October 25, 2024 Respectively

Husqvarna Launches Another Game-Changing Innovation in Chainsaws

Husqvarna Group Expands Virtual Boundary Robotic Lawn Mower Range to Medium-Sized Gardens

Husqvarna AB (publ) Proposes Dividend for the Financial Year 2023, Payable on April 25, 2024 and October 25, 2024 Respectively

Husqvarna AB (publ) Proposes Dividend for the Financial Year 2023, Payable on April 25, 2024 and October 25, 2024 Respectively

Husqvarna AB (publ) signed an agreement to acquire ET Water Systems, Inc. from Jain Irrigation, Inc.

Less than half of directors are independent

Husqvarna AB (Publ) Announces Pär Åström to Leave Husqvarna Group, Effective June 30, 2024

Less than half of directors are independent

Husqvarna Group Expands its Max Battery Series Product Line with Attachment-Capable Powerhead that Offers More Than Fifteen Tools in One

Husqvarna Group Establishes International Advisory Board of Biodiversity Experts

Husqvarna Group Launches an Innovative Redesign of A Legendary Workhorse

Husqvarna AB (publ) Announces Resignation of Erik Winberg as Executive Vice President Strategy & Innovation, and Member of the Group Management, Effective by December 31, 2023

Director recently bought kr274k worth of stock

Husqvarna Launches Pro Insider, an Online Learning Platform That Rewards Its Users

Director recently bought kr274k worth of stock

Third quarter 2023 earnings released: EPS: kr0.22 (vs kr0.47 in 3Q 2022)

Husqvarna AB (publ) to Report Fiscal Year 2023 Results on Feb 02, 2024

Less than half of directors are independent

Husqvarna AB (publ), Annual General Meeting, Apr 18, 2024

Husqvarna AB (publ) Announces Change in Employee Representatives to the Board of Directors

Second quarter 2023 earnings released

Husqvarna Group Appoints Robert Hafredal as New EVP Global Information Services and Group Cio, Effective August 1, 2023

Less than half of directors are independent

Less than half of directors are independent

Husqvarna AB (Publ) Launches 525I Battery Series with Performance Meeting 25Cc Batteries

Husqvarna Group Appoints Pavel Hajman as Group CEO

Husqvarna Announces the Next Level of Tree Care Tools with the Launch of the T540 XP® Mark III and New Line of Arborist Gear

Now 23% undervalued

First quarter 2023 earnings released: EPS: kr2.90 (vs kr2.87 in 1Q 2022)

Less than half of directors are independent

Upcoming dividend of kr1.00 per share at 3.5% yield

Less than half of directors are independent

Full year 2022 earnings released: EPS: kr3.39 (vs kr7.76 in FY 2021)

Husqvarna Group Announces Its First Range Supporting the Power for All Battery Solution

Husqvarna AB Announces Henric Andersson Will Leave as Board Member

Husqvarna AB Proposes A Dividend for 2022

Full year 2022 earnings released: EPS: kr3.39 (vs kr7.76 in FY 2021)

Husqvarna AB (publ) Announces CEO Changes

Husqvarna Group Announces Management Changes

Husqvarna AB (publ) Announces Change in Employee Representatives to the Board of Directors of the Company

Husqvarna Group Launches Xcite Zero-Turn Mowers Complete with Industry-First Innovations

Husqvarna AB (publ) Announces Resignation of Tina Helmke Hallberg from Board of Directors

Third quarter 2022 earnings released: EPS: kr0.47 (vs kr1.10 in 3Q 2021)

Husqvarna AB (publ) to Report First Half, 2023 Results on Jul 18, 2023

Husqvarna Group to Debut Cutting-Edge Product Innovations at Equip Exposition

Husqvarna Launches Virtual Boundary Robotic Lawn Mowing for Private Gardens

Upcoming dividend of kr2.00 per share

Husqvarna AB (publ) Announces Nomination Committee for the 2023 Annual General Meeting

Husqvarna AB Announces Change of Employee Representative in the Board of Directors

Husqvarna AB (publ) Provides Sales Guidance for the Second Quarter 2022

Husqvarna AB (publ) Provides Sales Guidance for the Second Quarter 2022

Husqvarna AB (publ) Announces the Resignation of Stefan Ranstrand as Director of the Board of Directors

Husqvarna AB (publ) (OM:HUSQ B) completed the acquisition of Heger GmbH Excellent Diamond Tools.

Director recently bought kr273k worth of stock

First quarter 2022 earnings released: EPS: kr2.87 (vs kr2.90 in 1Q 2021)

Husqvarna AB (publ) (OM:HUSQ B) agreed to acquire Heger GmbH Excellent Diamond Tools.

Husqvarna AB (publ) Approves Dividends, Payable on April 14, 2022 and October 14, 2022 Respectively

Upcoming dividend of kr1.00 per share

Husqvarna AB (publ) to Report Fiscal Year 2021 Final Results on Mar 17, 2022

President of Construction Division recently bought kr199k worth of stock

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Husqvarna Group Announces Chief Financial Officer Changes, Effective March 1, 2022

Husqvarna AB (publ) Proposes Dividend