Arjo Management

Management criteria checks 2/4

Arjo's CEO is Joacim Lindoff, appointed in Jan 2017, has a tenure of 7.67 years. total yearly compensation is SEK17.05M, comprised of 55.9% salary and 44.1% bonuses, including company stock and options. directly owns 0.12% of the company’s shares, worth SEK14.19M. The average tenure of the management team and the board of directors is 1.9 years and 6.2 years respectively.

Key information

Joacim Lindoff

Chief executive officer

SEK 17.1m

Total compensation

CEO salary percentage	55.9%
CEO tenure	7.7yrs
CEO ownership	0.1%
Management average tenure	1.9yrs
Board average tenure	6.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Joacim Lindoff's remuneration changed compared to Arjo's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	SEK 513m
Mar 31 2024	n/a	n/a	SEK 499m
Dec 31 2023	SEK 17m	SEK 10m	SEK 480m
Sep 30 2023	n/a	n/a	SEK 411m
Jun 30 2023	n/a	n/a	SEK 399m
Mar 31 2023	n/a	n/a	SEK 398m
Dec 31 2022	SEK 12m	SEK 9m	SEK 449m
Sep 30 2022	n/a	n/a	SEK 544m
Jun 30 2022	n/a	n/a	SEK 648m
Mar 31 2022	n/a	n/a	SEK 733m
Dec 31 2021	SEK 22m	SEK 9m	SEK 742m
Sep 30 2021	n/a	n/a	SEK 727m
Jun 30 2021	n/a	n/a	SEK 669m
Mar 31 2021	n/a	n/a	SEK 594m
Dec 31 2020	SEK 20m	SEK 8m	SEK 526m
Sep 30 2020	n/a	n/a	SEK 510m
Jun 30 2020	n/a	n/a	SEK 423m
Mar 31 2020	n/a	n/a	SEK 408m
Dec 31 2019	SEK 11m	SEK 8m	SEK 403m
Sep 30 2019	n/a	n/a	SEK 341m
Jun 30 2019	n/a	n/a	SEK 354m
Mar 31 2019	n/a	n/a	SEK 346m
Dec 31 2018	SEK 14m	SEK 7m	SEK 296m

Compensation vs Market: Joacim's total compensation ($USD1.68M) is about average for companies of similar size in the UK market ($USD1.38M).

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

CEO

Joacim Lindoff (51 yo)

7.7yrs

Tenure

SEK 17,054,174

Compensation

Mr. Joacim Lindoff, M.Sc. (Economics), has been the Chief Executive Officer and President at Arjo AB (publ) since 2017 and served as its Interim Chief Financial Officer since 2023 until October 19, 2023. H...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Joacim Lindoff	CEO, President & Director	7.7yrs	SEK 17.05m	0.12% SEK 14.2m
Niclas Sjosward	Chief Financial Officer	less than a year	no data	0.011% SEK 1.3m
Jonas Cederhage	Executive Vice President of Product Development	2.7yrs	no data	no data
Sara Ehinger	Vice President of Investor Relations & Corporate Communications	no data	no data	no data
Ingrid Carlsson	Executive VP of Legal & Business Compliance and Board Secretary	4.7yrs	no data	0.00073% SEK 86.8k
Marianne Nilsson	Executive Vice President of Communication & Public Relations	1.7yrs	no data	0.0013% SEK 153.4k
Christian Stentoft	President of Global Sales & Service	1.7yrs	no data	0.027% SEK 3.3m
Tobias Kramer	Executive Vice President of Global Marketing	1.9yrs	no data	0.0055% SEK 655.2k
Marion Gullstrand	Executive Vice President of Human Resources & Sustainability	7.7yrs	no data	0.011% SEK 1.3m
Johan Ostblad	Head of Sustainability	no data	no data	no data
Sara Harboe	Executive Vice President of Quality & Regulatory Compliance (Interim)	less than a year	no data	no data
Nick Adams	Vice President of Brand Management & Marketing Communications	no data	no data	no data

1.9yrs

Average Tenure

50yo

Average Age

Experienced Management: ARJOBS's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Joacim Lindoff	CEO, President & Director	7.7yrs	SEK 17.05m	0.12% SEK 14.2m
Ulf Grunander	Independent Director	7.7yrs	SEK 952.00k	0.035% SEK 4.2m
Carl Bennet	Vice Chairman	7.7yrs	SEK 779.00k	no data
Johan Malmquist	Independent Chairman of the Board	7.7yrs	SEK 1.73m	0.15% SEK 17.5m
Eva Elmstedt	Independent Director	7.1yrs	SEK 812.00k	0.022% SEK 2.6m
Carola Lemne	Independent Director	7.7yrs	SEK 812.00k	0.0048% SEK 567.2k
Sten Börjesson	Employee Representative Deputy Director	3.7yrs	no data	no data
Ulrika Dellby	Independent Director	less than a year	no data	no data
Dan Frohm	Director	5.3yrs	SEK 919.00k	0.085% SEK 10.1m
Kajsa Haraldsson	Employee Representative Member of Board of Directors	4.7yrs	no data	0.000080% SEK 9.5k
Jimmy Linde	Employee Representative Deputy Director	4.7yrs	no data	0.00055% SEK 65.4k
Madelene Carlsson	Employee representative deputy board member	less than a year	no data	no data

6.2yrs

Average Tenure

57.5yo

Average Age

Experienced Board: ARJOBS's board of directors are considered experienced (6.2 years average tenure).

Arjo Management

Management criteria checks 2/4

Key information

Recent management updates

Arjo AB (publ) Approves the Election of Ulrika Dellby as New Member of the Board

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Arjo Announces Executive Changes

Less than half of directors are independent

Recent updates

Arjo AB (Publ) Provides Organic Net Sales Guidance for the Full Year 2024

Arjo Provides Sales Guidance for the Year 2024

Arjo AB (publ) Approves the Election of Ulrika Dellby as New Member of the Board

Arjo AB (Publ) Proposes Dividend, Payable on 25 April 2024

Arjo AB (publ) to Report Fiscal Year 2023 Final Results on Mar 21, 2024

Arjo AB (publ) to Report Nine Months, 2024 Results on Oct 17, 2024

Less than half of directors are independent

Less than half of directors are independent

Arjo AB (Publ) Provides Financial Outlook for 2023

Arjo AB (publ) to Report Q1, 2024 Results on Apr 18, 2024

Less than half of directors are independent

Investor sentiment improves as stock rises 19%

Second quarter 2023 earnings released: EPS: kr0.37 (vs kr0.38 in 2Q 2022)

Arjo Announces Executive Changes

Less than half of directors are independent

Arjo AB (publ) Announces Resignation of Daniel Fäldt as CFO

Less than half of directors are independent

First quarter 2023 earnings released: EPS: kr0.35 (vs kr0.60 in 1Q 2022)

Less than half of directors are independent

Less than half of directors are independent

Insider recently bought kr498k worth of stock

Independent Chairman of the Board recently bought kr2.0m worth of stock

Less than half of directors are independent

Independent Chairman of the Board recently bought kr2.0m worth of stock

Arjo AB (publ) to Report Nine Months, 2023 Results on Oct 19, 2023

Full year 2022 earnings released: EPS: kr1.64 (vs kr2.72 in FY 2021)

Arjo AB (publ) Proposes Dividend for the Year 2022, Payable on April 27, 2023

Arjo AB (publ) Provides Organic Sales Guidance for the Year 2023

Less than half of directors are independent

Third quarter 2022 earnings released

Arjo AB (publ) Updates Sales Guidance for the Full Year 2022

Investor sentiment deteriorated over the past week

Less than half of directors are independent

Second quarter 2022 earnings released: EPS: kr0.38 (vs kr0.69 in 2Q 2021)

Arjo AB (publ) to Report Q1, 2023 Results on Apr 20, 2023

Less than half of directors are independent

Less than half of directors are independent

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

First quarter 2022 earnings released: EPS: kr0.60 (vs kr0.64 in 1Q 2021)

Less than half of directors are independent

Arjo AB (publ) Approves Dividend for the Year 2021

Chief Financial Officer recently bought kr462k worth of stock

CEO, President & Director recently bought kr5.0m worth of stock

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

Arjo AB (publ) to Report First Half, 2022 Results on Jul 14, 2022

Arjo AB (Publ) Proposes Dividend for the Year 2021, Payable on April 29, 2022

Less than half of directors are independent

Independent Director recently bought kr482k worth of stock

Third quarter 2021 earnings released

Less than half of directors are independent

Less than half of directors are independent

Second quarter 2021 earnings released: EPS kr0.69 (vs kr0.42 in 2Q 2020)

Arjo AB (Publ) Resolves to Declare A Dividend

Arjo AB (Publ) Provides Sales Guidance for the Year 2021

Upcoming dividend of kr0.85 per share

Full year 2020 earnings released: EPS kr1.93 (vs kr1.48 in FY 2019)

New 90-day high: kr67.60

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

Full year 2020 earnings released: EPS kr1.93 (vs kr1.48 in FY 2019)

Revenue beats expectations

Arjo AB (publ) (OM:ARJO B) acquired AirPal.

Arjo AB (publ) to Report Q1, 2021 Results on Apr 27, 2021

Bruin Biometrics, LLLC and Arjo Agree Exclusive Worldwide Distribution Rights for Pressure Ulcer Sem Scanner

Arjo Enters into Distribution Agreement with Brainlit

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team