Garo Aktiebolag Management

Management criteria checks 3/4

Garo Aktiebolag's CEO is Patrik Andersson, appointed in Feb 2019, has a tenure of 5.75 years. total yearly compensation is SEK3.60M, comprised of 58.3% salary and 41.7% bonuses, including company stock and options. directly owns 0.41% of the company’s shares, worth SEK4.12M. The average tenure of the management team and the board of directors is 3.8 years and 4.5 years respectively.

Key information

Patrik Andersson

Chief executive officer

SEK 3.6m

Total compensation

CEO salary percentage58.3%
CEO tenure5.8yrs
CEO ownership0.4%
Management average tenure3.8yrs
Board average tenure4.5yrs

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 2024n/an/a

-SEK 26m

Mar 31 2024n/an/a

SEK 3m

Dec 31 2023SEK 4mSEK 2m

SEK 31m

Sep 30 2023n/an/a

SEK 38m

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 ($USD336.59K) is about average for companies of similar size in the UK market ($USD369.23K).

Compensation vs Earnings: Patrik's compensation has increased whilst the company is unprofitable.


CEO

Patrik Andersson (46 yo)

5.8yrs

Tenure

SEK 3,600,000

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 & CEO5.8yrsSEK 3.60m0.41%
SEK 4.1m
Helena Claesson
Chief Financial Officer5.8yrsno data0.0011%
SEK 11.1k
Bo Eriksson
Acting Chief Technology Officer1.8yrsno datano data
Carlos Calleses
Managing Directorless than a yearno datano data

3.8yrs

Average Tenure

Experienced Management: 0REY's management team is considered experienced (3.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Johan Paulsson
Independent Independnet Director3.5yrsSEK 300.00kno data
Rickard Blomqvist
Chairman of the Board9.2yrsSEK 800.00k5.12%
SEK 51.7m
Martin Althén
Independnet Director3.5yrsSEK 400.00k0.040%
SEK 404.0k
Susanna Hilleskog
Independent Director6.5yrsSEK 300.00kno data
Mari-Katharina Kadowaki
Independent Director5.5yrsSEK 300.00k0.0020%
SEK 20.2k
Lars Kongstad
Independent Director1.5yrsSEK 200.00k0.080%
SEK 808.0k
Jonas Lohtander
Employee Representative Director5.5yrsno data0.00037%
SEK 3.7k
My Back
Employee Representative Director1.7yrsno data0.000030%
SEK 303.0

4.5yrs

Average Tenure

58yo

Average Age

Experienced Board: 0REY's board of directors are considered experienced (4.5 years average tenure).