Epiroc Management

Management criteria checks 4/4

Epiroc's CEO is Helena Hedblom, appointed in Mar 2020, has a tenure of 4.08 years. total yearly compensation is SEK26.13M, comprised of 45.6% salary and 54.4% bonuses, including company stock and options. directly owns 0.002% of the company’s shares, worth SEK4.27M. The average tenure of the management team and the board of directors is 4.1 years and 6.3 years respectively.

Key information

Helena Hedblom

Chief executive officer

kr26.1m

Total compensation

CEO salary percentage	45.6%
CEO tenure	4.1yrs
CEO ownership	0.002%
Management average tenure	4.1yrs
Board average tenure	6.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Helena Hedblom's remuneration changed compared to Epiroc's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	kr9b
Dec 31 2023	kr26m	kr12m	kr9b
Sep 30 2023	n/a	n/a	kr10b
Jun 30 2023	n/a	n/a	kr10b
Mar 31 2023	n/a	n/a	kr9b
Dec 31 2022	kr25m	kr11m	kr8b
Sep 30 2022	n/a	n/a	kr8b
Jun 30 2022	n/a	n/a	kr8b
Mar 31 2022	n/a	n/a	kr8b
Dec 31 2021	kr26m	kr11m	kr7b
Sep 30 2021	n/a	n/a	kr7b
Jun 30 2021	n/a	n/a	kr6b
Mar 31 2021	n/a	n/a	kr5b
Dec 31 2020	kr21m	kr8m	kr5b

Compensation vs Market: Helena's total compensation ($USD2.39M) is below average for companies of similar size in the UK market ($USD5.62M).

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

CEO

Helena Hedblom (50 yo)

4.1yrs

Tenure

kr26,132,000

Compensation

Ms. Helena Hedblom, M.Sc. (Material Technology), has been an Independent Director at Stora Enso Oyj since March 19, 2021. She has been Director at Epiroc AB (publ) since May 12, 2020. Ms. Hedblom has been...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Helena Hedblom	CEO, President & Director	4.1yrs	kr26.13m	0.0018% SEK 4.3m
Hakan Folin	Senior VP of Controlling	2.3yrs	no data	0.00048% SEK 1.2m
Ashleigh Braddock	Vice President of Sales & Operations	less than a year	no data	no data
Jonas Albertson	Chief Technology Officer	4.1yrs	no data	0.00068% SEK 1.6m
Karin Larsson	VP of Investor Relations & Head of IR	no data	no data	no data
Charlotta Grähs	Senior VP & General Counsel	2.2yrs	no data	0.00026% SEK 627.1k
Nadim Penser	Senior Vice President of Brand & Communication	4.1yrs	no data	0.00056% SEK 1.4m
Martin Hjerpe	President of the Tools division	5.1yrs	no data	0.00095% SEK 2.3m
Sami Niiranen	Executive Officer	6.3yrs	no data	0.00048% SEK 1.2m
Jose Sanchez	President of Surface Division	10.3yrs	no data	0.0014% SEK 3.3m
Goran Popovski	President of Attachments	4.1yrs	no data	0.00077% SEK 1.9m
Nelson Trejo	President of Parts & Services North and South America (NASA)	1.3yrs	no data	0.00019% SEK 458.3k

4.1yrs

Average Tenure

50yo

Average Age

Experienced Management: 0YSU's management team is considered experienced (4.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Helena Hedblom	CEO, President & Director	3.9yrs	kr26.13m	0.0018% SEK 4.3m
Ulla Litzen	Independent Director	7.3yrs	kr1.02m	0.0065% SEK 15.8m
Johan Forssell	Director	7.3yrs	kr1.18m	0.00041% SEK 988.9k
Lennart Evrell	Independent Director	7.3yrs	kr1.29m	0.00033% SEK 796.0k
Jeane Hull	Independent Director	6.3yrs	kr900.00k	no data
Ronnie Leten	Independent Chairman of the Board	7.3yrs	kr2.93m	0.0055% SEK 13.4m
Kristina Kanestad	Employee Representative Director	6.3yrs	no data	0% SEK 0
Anthea Bath	Independent Director	2yrs	kr545.00k	no data
Astrid Skarheim Onsum	Independent Director	6.3yrs	kr307.00k	no data
Gustav El Rachidi	Deputy Employee Representative Director	6.3yrs	no data	no data
Daniel Rundgren	Employee Representative Director	3.5yrs	no data	no data
Sigurd Mareels	Independent Director	3.9yrs	kr588.00k	no data

6.3yrs

Average Tenure

55yo

Average Age

Experienced Board: 0YSU's board of directors are considered experienced (6.3 years average tenure).

Epiroc Management

Management criteria checks 4/4

Key information

Recent management updates

Epiroc AB (Publ) Announces Executive Changes

Epiroc Announces Resignation of Sami Niiranen as Divisional President Sami Niiranen, Effective May 2024

Epiroc AB (publ), Annual General Meeting, May 14, 2024

Epiroc AB (Publ) Announces Formation of the Nomination Committee for the Annual General Meeting 2024

Senior VP & General Counsel recently bought kr303k worth of stock

Insider recently bought kr397k worth of stock

Recent updates

Epiroc AB (publ) (OM:EPI A) completed the acquisition of STANLEY Infrastructure, LLC from Stanley Black & Decker, Inc. (NYSE:SWK).

Epiroc Splits Tools & Attachments Division

Full year 2023 earnings released: EPS: kr7.82 (vs kr6.96 in FY 2022)

Final dividend of kr1.90 announced

Epiroc AB (publ) to Report Q4, 2024 Results on Jan 30, 2025

Full year 2023 earnings released: EPS: kr7.82 (vs kr6.96 in FY 2022)

Epiroc AB (publ) Proposes Dividend

Now 21% overvalued

Epiroc AB (Publ) Announces Executive Changes

Epiroc AB (publ) (OM:EPI A) agreed to acquire STANLEY Infrastructure, LLC from Stanley Black & Decker, Inc. (NYSE:SWK) for $760 million.

Epiroc Announces Resignation of Sami Niiranen as Divisional President Sami Niiranen, Effective May 2024

Epiroc AB (publ) to Report Q1, 2024 Results on Apr 23, 2024

Third quarter 2023 earnings released

Epiroc AB (publ), Annual General Meeting, May 14, 2024

Epiroc AB (Publ) Announces Formation of the Nomination Committee for the Annual General Meeting 2024

Upcoming dividend of kr1.70 per share at 1.6% yield

Second quarter 2023 earnings released

Epiroc AB (publ) (OM:EPI A) completed the acquisition of Production facilities and Service centers of Schramm.

Epiroc AB (publ) Approves Dividend

Epiroc AB (publ) (OM:EPI A) agreed to acquire Production facilities and Service centers of Schramm.

Upcoming dividend of kr1.70 per share at 1.7% yield

Senior VP & General Counsel recently bought kr303k worth of stock

Insider recently bought kr397k worth of stock

Senior VP of Controlling recently bought kr200k worth of stock

Key Executive recently bought kr200k worth of stock

Full year 2022 earnings released

Epiroc Presents World's First Underground Mine Truck Made Using Fossil-Free Steel from SSAB

Epiroc AB (publ) (OM:EPI A) completed the acquisition of CQMS Razer Pty Ltd.

Full year 2022 earnings released

Epiroc AB (Publ) Proposes A Dividend

Epiroc AB (publ) (OM:EPI A) agreed to acquire CQMS Razer Pty Ltd.

Epiroc Announces Management Changes

Epiroc AB (publ) (OM:EPI A) agreed to acquire Mernok Elektronik (Pty) Ltd.

Epiroc AB (publ) (OM:EPI A) completed the acquisition of Remote Control Technologies Pty Ltd.

Epiroc AB (publ) to Report Q3, 2023 Results on Oct 27, 2023

Epiroc AB (publ) (OM:EPI A) completed the acquisition of The Wain-Roy Business of Oregon Tool, Inc from Oregon Tool, Inc.

Epiroc AB (publ) (OM:EPI A) completed the acquisition of 53% stake in Radlink Pty Ltd.

Epiroc AB (publ) (OM:EPI A) agreed to acquire Remote Control Technologies Pty Ltd.

Epiroc AB (publ) (OM:EPI A) agreed to acquire The Wain-Roy Business from Oregon Tool, Inc.

Epiroc AB (publ) to Report Q4, 2022 Results on Jan 23, 2023

Epiroc AB (publ), Annual General Meeting, May 23, 2023

Epiroc AB (publ) (OM:EPI A) completed the acquisition of GeoScan Utility and Structural Investigation.

Epiroc AB (publ) (OM:EPI A) agreed to acquire GeoScan: Utility and Structural Investigation.

Epiroc Announces Appointment of Division Presidents, Effective January 1, 2023

Epiroc AB (publ) (OM:EPI A) agreed to acquire 53% stake in Radlink Pty Ltd.

Epiroc AB (publ) (OM:EPI A) entered into an agreement to acquire Aard Mining Equipment (Pty) Ltd.

Epiroc AB (publ) (OM:EPI A) Completed the acquisition of RNP México.

Jess Kindler, Division President, to Leave Epiroc

Epiroc Announces Executive Changes, Effective July 1, 2022

Epiroc AB (publ) (OM:EPI A) entered into an agreement to acquire RNP México.

Epiroc to Relocate Operations from Japan to China

First quarter 2022 earnings released: EPS: kr1.66 (vs kr1.15 in 1Q 2021)

Epiroc AB Approves Dividend for 2021, Payable on May 2, 2022 and October 27, 2022

Upcoming dividend of kr1.50 per share

Investor sentiment improved over the past week

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Epiroc AB (Publ) Proposes Dividend for 2021, Payable on May 2, 2022 and October 27, 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Insider recently bought kr495k worth of stock

President of Parts & Services Division recently bought kr1.4m worth of stock

Third quarter 2021 earnings released

Upcoming dividend of kr1.25 per share

Epiroc AB (publ) (OM:EPI A) agreed to acquire Business and Assets of FVT Research Inc.

President of Underground Division recently bought kr376k worth of stock

Epiroc AB (publ) (OM:EPI A) acquired D&A Heavy Industries Co. Ltd.

Second quarter 2021 earnings released

Epiroc AB (publ) (OM:EPI A) completed the acquisition of Meglab Électronique Inc.

Insider recently bought kr273k worth of stock

Insider recently bought kr273k worth of stock