Ratos Management

Management criteria checks 2/4

Ratos' CEO is Jonas Wistrom, appointed in Dec 2017, has a tenure of 6.75 years. total yearly compensation is SEK24.00M, comprised of 42.1% salary and 57.9% bonuses, including company stock and options. directly owns 0.12% of the company’s shares, worth SEK14.05M. The average tenure of the management team and the board of directors is 4.1 years and 8.4 years respectively.

Key information

Jonas Wistrom

Chief executive officer

SEK 24.0m

Total compensation

CEO salary percentage	42.1%
CEO tenure	6.8yrs
CEO ownership	0.1%
Management average tenure	4.1yrs
Board average tenure	8.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jonas Wistrom's remuneration changed compared to Ratos's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	SEK 1b
Mar 31 2024	n/a	n/a	SEK 1b
Dec 31 2023	SEK 24m	SEK 10m	SEK 1b
Sep 30 2023	n/a	n/a	SEK 708m
Jun 30 2023	n/a	n/a	SEK 723m
Mar 31 2023	n/a	n/a	SEK 735m
Dec 31 2022	SEK 15m	SEK 10m	SEK 548m
Sep 30 2022	n/a	n/a	SEK 891m
Mar 31 2022	n/a	n/a	SEK 708m
Dec 31 2021	SEK 22m	SEK 9m	SEK 922m
Sep 30 2021	n/a	n/a	SEK 484m
Jun 30 2021	n/a	n/a	SEK 604m
Mar 31 2021	n/a	n/a	SEK 557m
Dec 31 2020	SEK 18m	SEK 8m	SEK 424m
Sep 30 2020	n/a	n/a	SEK 139m
Jun 30 2020	n/a	n/a	SEK 549m
Mar 31 2020	n/a	n/a	SEK 404m
Dec 31 2019	SEK 15m	SEK 8m	SEK 426m
Sep 30 2019	n/a	n/a	SEK 54m
Jun 30 2019	n/a	n/a	-SEK 490m
Mar 31 2019	n/a	n/a	-SEK 411m
Dec 31 2018	SEK 11m	SEK 7m	-SEK 448m
Sep 30 2018	n/a	n/a	-SEK 342m
Jun 30 2018	n/a	n/a	SEK 340m
Mar 31 2018	n/a	n/a	SEK 185m
Dec 31 2017	SEK 1m	n/a	SEK 229m

Compensation vs Market: Jonas's total compensation ($USD2.37M) is above average for companies of similar size in the UK market ($USD1.41M).

Compensation vs Earnings: Jonas's compensation has increased by more than 20% in the past year.

CEO

Jonas Wistrom (64 yo)

6.8yrs

Tenure

SEK 24,000,000

Compensation

Mr. Jonas Wistrom, M.Sc, is President of Ratos AB (publ) from December 2017 and serves as Chief Executive Officer from December 13, 2017. He joined the Ratos AB (publ) on April 14, 2016. He has been its No...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Jonas Wistrom	President	6.8yrs	SEK 24.00m	0.12% SEK 14.0m
Jonas Agrup	CFO & Investor Relations	4.6yrs	no data	0.017% SEK 1.9m
Wilhelm Montgomery	Director of Strategy & Operations	no data	no data	no data
Magnus Stephensen	Secretary to the Board & General Counsel	no data	no data	no data
Josefine Uppling	Vice President of Communications & Sustainability	3yrs	no data	no data
Anders Slettengren	EVP, President Business Area Consumer & Industry and Head of Talent Management	no data	no data	0.0061% SEK 702.4k
Christian Gebauer	President Business Area Construction & Service	4.6yrs	no data	0.0061% SEK 702.4k
Sandra Häger	Group Financial Controller	3.7yrs	no data	no data
Cecilia Tagestam	Head of Group Treasury	1.7yrs	no data	no data
Jens Hall	Group Financial Controller	1.7yrs	no data	no data
Jacob Landen	Corporate Counsel	no data	no data	no data
Jonatan Gustafsson	Senior Associate	no data	no data	no data

4.1yrs

Average Tenure

50yo

Average Age

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

Board Members

Name	Position	Tenure	Compensation	Ownership
Jonas Wistrom	President	8.7yrs	SEK 24.00m	0.12% SEK 14.0m
Jan Soderberg	Non-Independent Deputy Chairman	24.7yrs	SEK 700.00k	5.95% SEK 684.5m
Ulla Litzen	Independent Board Member	8.4yrs	SEK 800.00k	0.032% SEK 3.7m
Per-Olof Soderberg	Non-Independent Chairman	24.7yrs	SEK 1.20m	6.95% SEK 799.0m
Mats Granryd	Independent Director	less than a year	no data	no data
Tone Bakker	Independent Board Member	2.5yrs	SEK 600.00k	0.00061% SEK 70.1k
Cecilia Sjostedt	Independent Director	less than a year	no data	no data

8.4yrs

Average Tenure

64yo

Average Age

Experienced Board: 0KBQ's board of directors are considered experienced (8.4 years average tenure).

Ratos Management

Management criteria checks 2/4

Key information

Recent management updates

President recently bought kr661k worth of stock

Insider recently sold kr4.7m worth of stock

Ratos AB (Publ) Announces Executive Changes

Ratos AB (Publ) Announces Nomination Committee

Ratos AB (publ), Annual General Meeting, Mar 26, 2024

Non-Independent Chairman recently bought kr2.4m worth of stock

Recent updates

Now 20% undervalued after recent price drop

President recently bought kr661k worth of stock

Now 20% undervalued after recent price drop

Second quarter 2024 earnings released: EPS: kr1.86 (vs kr1.80 in 2Q 2023)

First quarter 2024 earnings released: EPS: kr0.06 (vs kr0.086 loss in 1Q 2023)

Now 21% undervalued after recent price drop

Ratos AB (Publ) Approves Dividend, to Be Paid on 4 April 2024

Upcoming dividend of kr1.25 per share

Full year 2023 earnings released: EPS: kr3.74 (vs kr1.69 in FY 2022)

Dividend increased to kr1.25

Ratos AB (publ) Proposes Dividend for Class A and Class B Share, Payable on April 4, 2024

Now 20% undervalued

Now 22% undervalued

Full year 2023 earnings released: EPS: kr3.73 (vs kr1.69 in FY 2022)

Ratos AB (publ) Proposes Dividend for Full-Year 2023

Ratos AB (publ) to Report Q2, 2024 Results on Jul 18, 2024

Insider recently sold kr4.7m worth of stock

Ratos AB (Publ) Announces Executive Changes

Third quarter 2023 earnings released

Ratos AB (publ) to Report Fiscal Year 2023 Results on Feb 12, 2024

Ratos AB (Publ) Announces Nomination Committee

Ratos AB (publ), Annual General Meeting, Mar 26, 2024

New minor risk - Financial position

Second quarter 2023 earnings released

First quarter 2023 earnings released

Non-Independent Chairman recently bought kr2.4m worth of stock

Upcoming dividend of kr0.84 per share at 2.7% yield

CEO, President & Director recently bought kr1.0m worth of stock

Third quarter 2022 earnings released: EPS: kr0.61 (vs kr0.04 in 3Q 2021)

Investor sentiment deteriorates as stock falls 16%

Ratos AB (publ) Proposes Dividend for Full Year 2022

Ratos AB (publ) to Report Fiscal Year 2022 Results on Mar 07, 2023

Ratos AB (publ) to Report Q1, 2023 Results on Apr 27, 2023

Less than half of directors are independent

Ratos Announces Resignation of Joakim Twetman as President, Business Area Industry

Ratos AB (Publ) Announces Resignation of Helena Svancars from Board of Directors

Ratos AB (publ) to Report Fiscal Year 2022 Results on Feb 13, 2023

Third quarter 2022 earnings released

Ratos AB (publ) (OM:RATO B) made a tender offer to acquire Semcon AB (publ) (OM:SEMC) from JCE Group AB, Nordea Investment Management AB, SAMSON ROCK CAPITAL LLP, Otus Capital Management LP, Ennismore Fund Management and other shareholders for SEK 2.8 billion.

Ratos AB (publ) (OM:RATO B) made a tender offer to acquire Semcon AB (publ) (OM:SEMC) from JCE Group AB, Nordea Investment Management AB, SAMSON ROCK CAPITAL LLP, Otus Capital Management LP, Ennismore Fund Management and other shareholders for SEK 2.8 billion.

Ratos AB (Publ) Appoints Nomination Committee

Chairman of the Board recently bought kr38m worth of stock

Ratos AB (publ) (OM:RATO B) signed an agreement to acquire a 70% stake in Knightec Aktiebolag.

Ratos AB (publ) (OM:RATO B) signed an agreement to acquire a 70% stake in Knightec Aktiebolag.

Investor sentiment deteriorated over the past week

Deputy Chairman recently bought kr9.9m worth of stock

First quarter 2022 earnings released

Less than half of directors are independent

Ratos AB (publ) (OM:RATO B) agreed to acquire 100% of Ratatek Oy.

Upcoming dividend of kr1.20 per share

Chairman of the Board recently bought kr53m worth of stock

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Ratos AB (Publ) Proposes Dividend for the Full Year of 2021, Payable on March 29, 2022

Ratos AB (publ) Announces Declines Re-Election of Eva Karlsson

Third quarter 2021 earnings released

Chairman of the Board recently bought kr5.0m worth of stock

CEO, President & Director recently sold kr4.1m worth of stock

Second quarter 2021 earnings released: EPS kr1.86 (vs kr1.74 in 2Q 2020)

Chairman of the Board recently bought kr967k worth of stock

Ratos AB (Publ) Approves Dividend, Payable on 17 March 2021

Upcoming Dividend of kr0.95 Per Share

New 90-day high: kr46.09

Full year 2020 earnings released: EPS kr1.33 (vs kr2.11 in FY 2019)

Investor sentiment improved over the past week

Ratos AB (publ) to Report Q3, 2021 Results on Oct 22, 2021

New 90-day high: kr39.30

New 90-day high: kr39.67

New 90-day high: kr38.56

New 90-day high: kr38.00