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Ferronordic Management

Management criteria checks 3/4

Key information

Lars Corneliusson

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	11.8yrs
CEO ownership	7.3%
Management average tenure	2.8yrs
Board average tenure	5.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Lars Corneliusson's remuneration changed compared to Ferronordic's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2022	n/a	n/a	kr292m
Mar 31 2022	n/a	n/a	kr346m
Dec 31 2021	n/a	n/a	kr339m
Sep 30 2021	n/a	n/a	kr296m
Jun 30 2021	n/a	n/a	kr268m
Mar 31 2021	n/a	n/a	kr258m
Dec 31 2020	n/a	n/a	kr222m
Sep 30 2020	n/a	n/a	kr234m
Jun 30 2020	n/a	n/a	kr228m
Mar 31 2020	n/a	n/a	kr225m
Dec 31 2019	n/a	n/a	kr251m
Sep 30 2019	n/a	n/a	kr257m
Jun 30 2019	n/a	n/a	kr244m
Mar 31 2019	n/a	n/a	kr210m
Dec 31 2018	n/a	n/a	kr192m
Sep 30 2018	n/a	n/a	kr135m
Jun 30 2018	n/a	n/a	kr102m
Mar 31 2018	n/a	n/a	kr99m
Dec 31 2017	kr9m	kr5m	kr87m
Sep 30 2017	n/a	n/a	kr82m
Jun 30 2017	n/a	n/a	kr74m
Mar 31 2017	n/a	n/a	kr44m
Dec 31 2016	kr8m	kr5m	kr30m
Sep 30 2016	n/a	n/a	-kr13m
Jun 30 2016	n/a	n/a	-kr16m
Mar 31 2016	n/a	n/a	-kr8m
Dec 31 2015	kr7m	kr4m	-kr21m

Compensation vs Market: Insufficient data to establish whether Lars's total compensation is reasonable compared to companies of similar size in the UK market.

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

CEO

Lars Corneliusson (55 yo)

11.8yrs

Tenure

Mr. Lars Corneliusson has been the Chief Executive Officer and President of Ferronordic Machines LLC since April 2012. Mr. Corneliusson serves as the Chief Executive Officer, President and Managing Directo...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Lars Corneliusson	President	no data	no data	7.33% SEK 38.9m
Erik Danemar	Group CFO & Head of Investor Relations	3.5yrs	no data	0.21% SEK 1.1m
Dan Eliasson	General Counsel	2.8yrs	no data	0.18% SEK 970.8k
Nadezhda Semiletova	Human Resources Director	no data	no data	0.037% SEK 194.2k
Martin Bauknecht	Managing Director for German Business	1.8yrs	no data	0.055% SEK 292.0k

2.8yrs

Average Tenure

46yo

Average Age

Experienced Management: 0RVG's management team is considered experienced (2.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Lars Corneliusson	President	11.8yrs	no data	7.33% SEK 38.9m
Staffan Jufors	Independent Chairman	5.8yrs	kr766.67k	0.42% SEK 2.2m
Annette Rampe	Independent Director	5.8yrs	kr383.33k	2.01% SEK 10.7m
Erik Eberhardson	Independent Director	12.8yrs	kr358.33k	no data
Hakan Eriksson	Independent Director	6.5yrs	kr383.33k	no data
Aurore Belfrage	Director	1.5yrs	kr233.33k	no data
Niklas Floren	Director	1.5yrs	kr233.33k	no data

5.8yrs

Average Tenure

55yo

Average Age

Experienced Board: 0RVG's board of directors are considered experienced (5.8 years average tenure).

This company listing is no longer active

Ferronordic Management

Management criteria checks 3/4

Key information

Recent management updates

Ferronordic AB (Publ) Announces Resignation of Ceren Wende as Director of Marketing and Communication and Member of Executive Management

Insider recently sold kr5.0m worth of stock

General Counsel recently bought kr326k worth of stock

Insider recently sold kr126k worth of stock

Managing Director for German Business recently bought kr240k worth of stock

General Counsel recently bought kr127k worth of stock

Recent updates

Ferronordic AB (publ) to Report Fiscal Year 2022 Results on Feb 17, 2023

Second quarter 2022 earnings released: EPS: kr2.20 (vs kr5.94 in 2Q 2021)

Ferronordic AB (Publ) Announces Resignation of Ceren Wende as Director of Marketing and Communication and Member of Executive Management

First quarter 2022 earnings released: EPS: kr4.30 (vs kr3.85 in 1Q 2021)

Investor sentiment deteriorated over the past week

Insider recently sold kr5.0m worth of stock

General Counsel recently bought kr326k worth of stock

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

Ferronordic AB (publ) to Report Nine Months, 2022 Results on Nov 11, 2022

Ferronordic AB (Publ) Recommends Dividend for the Year Ended 31 December 2021

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Ferronordic AB (publ) (OM:FNM) acquired Truck Center KrÄMer Gmbh for SEK 66 million.

Insider recently sold kr126k worth of stock

Third quarter 2021 earnings released: EPS kr7.48 (vs kr5.57 in 3Q 2020)

Second quarter 2021 earnings released: EPS kr5.94 (vs kr5.24 in 2Q 2020)

Managing Director for German Business recently bought kr240k worth of stock

Independent Director has left the company

First quarter 2021 earnings released: EPS kr3.85 (vs kr1.39 in 1Q 2020)

Ferronordic AB (Publ) Approves Dividend, Payable on Around 20 May 2021

Upcoming dividend of kr7.50 per share

Full year 2020 earnings released: EPS kr15.26 (vs kr17.26 in FY 2019)

Upcoming dividend of kr7.50 per share

General Counsel recently bought kr127k worth of stock

Ferronordic AB (publ) (OM:FNM) signed an agreement to acquire Thomas Nutzfahrzeuge GmbH for €6.4 million.

Investor sentiment improved over the past week

Ferronordic Enters into an Agreement to Become the Distributor of Sandvik Mobile Crushing and Screening Equipment in All of Russia

Full year 2020 earnings released: EPS kr15.25 (vs kr17.26 in FY 2019)

Revenue beats expectations

Business Development Director & MD of Group subsidiaries Germany has left the company

Ferronordic Announces Executive Changes, Effective 3 February 2021

Ferronordic AB to Report Nine Months, 2021 Results on Nov 12, 2021

General Counsel recently bought kr166k worth of stock

Third quarter 2020 earnings released: EPS kr5.57

Revenue beats expectations

CEO Compensation Analysis

CEO

Tenure

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age