Elekta Management

Management criteria checks 4/4

Elekta's CEO is Gustaf Salford, appointed in Jun 2020, has a tenure of 4.42 years. total yearly compensation is SEK17.46M, comprised of 42% salary and 58% bonuses, including company stock and options. directly owns 0.017% of the company’s shares, worth SEK4.24M. The average tenure of the management team and the board of directors is 5.1 years and 3.8 years respectively.

Key information

Gustaf Salford

Chief executive officer

SEK 17.5m

Total compensation

CEO salary percentage	42.0%
CEO tenure	4.4yrs
CEO ownership	0.02%
Management average tenure	5.1yrs
Board average tenure	3.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Gustaf Salford's remuneration changed compared to Elekta's earnings?
Date	Total Compensation	Salary	Company Earnings
Jul 31 2024	n/a	n/a	SEK 1b
Apr 30 2024	SEK 17m	SEK 7m	SEK 1b
Jan 31 2024	n/a	n/a	SEK 1b
Oct 31 2023	n/a	n/a	SEK 1b
Jul 31 2023	n/a	n/a	SEK 1b
Apr 30 2023	SEK 18m	SEK 7m	SEK 943m
Jan 31 2023	n/a	n/a	SEK 813m
Oct 31 2022	n/a	n/a	SEK 826m
Jul 31 2022	n/a	n/a	SEK 1b
Apr 30 2022	SEK 15m	SEK 8m	SEK 1b
Jan 31 2022	n/a	n/a	SEK 1b
Oct 31 2021	n/a	n/a	SEK 1b
Jul 31 2021	n/a	n/a	SEK 1b
Apr 30 2021	SEK 13m	SEK 4m	SEK 1b

Compensation vs Market: Gustaf's total compensation ($USD1.59M) is about average for companies of similar size in the UK market ($USD2.19M).

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

CEO

Gustaf Salford (47 yo)

4.4yrs

Tenure

SEK 17,460,000

Compensation

Mr. Gustaf Salford serves as President and Chief Executive Officer at Elekta AB (publ) since November 26, 2020 and served as its Acting President and Chief Executive Officer since June 2, 2020 until Novemb...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Laurent Leksell	Founder & Chairman	52.8yrs	SEK 1.70m	5.99% SEK 1.5b
Gustaf Salford	President & CEO	4.4yrs	SEK 17.46m	0.017% SEK 4.2m
Caroline Cooke	Senior VP & Head of Neuro Solutions	no data	SEK 855.00k	0.067% SEK 16.4m
Tobias Hagglov	Chief Financial Officer	2.8yrs	no data	0.0040% SEK 977.8k
Peter Nyquist	Head of Investor Relations	no data	no data	no data
Jonas Bolander	Executive VP of Group Functions	8yrs	no data	0.0062% SEK 1.5m
Mattias Thorsson	VP and Head of Corporate Communications & Public Affairs	no data	no data	no data
Anna Lundgren	Executive VP & Chief People Officer	1.8yrs	no data	0.00082% SEK 201.5k
John Lapré	President of Brachy & Neuro Solutions	12.4yrs	no data	0.0074% SEK 1.8m
Maurits Wolleswinkel	President of Linac & Software Solutions	10.3yrs	no data	0.0096% SEK 2.4m
Habib Nehme	Chief Commercial Officer	5.8yrs	no data	0.0026% SEK 643.7k
Hilma Nordquist	Global Sustainability Director	no data	no data	no data

5.1yrs

Average Tenure

55.5yo

Average Age

Experienced Management: EKTABS's management team is seasoned and experienced (5.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Laurent Leksell	Founder & Chairman	52.8yrs	SEK 1.70m	5.99% SEK 1.5b
Jan Secher	Independent Director	14.8yrs	SEK 855.00k	0.010% SEK 2.5m
Wolfgang Reim	Independent Director	13.8yrs	SEK 770.00k	0.0067% SEK 1.7m
Tomas Eliasson	Independent Director	1.3yrs	SEK 570.00k	no data
Volker Wetekam	Independent Director	1.3yrs	SEK 447.00k	no data
Cecilia Wikström	Independent Director	6.3yrs	SEK 770.00k	0.0025% SEK 604.4k
Jan Kimpen	Director	less than a year	no data	no data
Ann Costello	Director	less than a year	no data	no data

3.8yrs

Average Tenure

64.5yo

Average Age

Experienced Board: EKTABS's board of directors are considered experienced (3.8 years average tenure).

Elekta Management

Management criteria checks 4/4

Key information

Recent management updates

Caroline Leksell Cooke Steps Down from Elekta AB's Board of Directors

Elekta AB (publ) Announces Resignation of Kelly Londy, Member of the Board

Elekta AB (publ) Announces Composition of Nomination Committee

Elekta AB (publ), Annual General Meeting, Sep 05, 2024

Founder & Chairman recently sold kr60m worth of stock

Insufficient new directors

Recent updates

Caroline Leksell Cooke Steps Down from Elekta AB's Board of Directors

Elekta AB Submits Elekta Evo to U.S. FDA for Premarket Approval

Elekta AB (Publ) Approves Dividend, Payable on September 12, 2024, and on March 12, 2025, Respectively

Elekta AB (publ) to Report Q4, 2025 Results on May 28, 2025

Elekta AB (publ) to Report Q3, 2025 Results on Feb 21, 2025

Elekta AB (publ) Announces Resignation of Kelly Londy, Member of the Board

Elekta AB (publ) to Report Q2, 2025 Results on Nov 27, 2024

Elekta AB (publ) to Report Fiscal Year 2024 Final Results on Jul 05, 2024

Elekta AB (publ) Announces Composition of Nomination Committee

Elekta AB (publ) (OM:EKTA B) agreed to acquire Xoft, Inc. from iCAD, Inc. (NasdaqCM:ICAD).

Elekta AB (publ), Annual General Meeting, Sep 05, 2024

Founder & Chairman recently sold kr60m worth of stock

First quarter 2024 earnings released: EPS: kr0.62 (vs kr0.16 in 1Q 2023)

Elekta AB (Publ) Approves Dividend, Payable on 31 August, 2023 and 1 March, 2024, Respectively

Upcoming dividend of kr1.20 per share at 3.1% yield

Insufficient new directors

Full year 2023 earnings released: EPS: kr2.47 (vs kr3.02 in FY 2022)

President & CEO recently bought kr501k worth of stock

Johan Malmquist Declines Re-Election as Director of Elekta AB (Publ)

Insufficient new directors

Full year 2023 earnings released: EPS: kr2.47 (vs kr3.02 in FY 2022)

Elekta AB (publ) to Report Q3, 2024 Results on Feb 09, 2024

Elekta AB (publ) Provides Earnings Guidance for the Fiscal Year from 2022-2023 to 2024-2025

Elekta AB (Publ) Announces the Launch of the First Phase of Elekta ONE

Insufficient new directors

Third quarter 2023 earnings released

Insufficient new directors

Upcoming dividend of kr1.20 per share at 3.2% yield

Elekta AB (publ) (OM:EKTA B) entered into an agreement to acquire business assets of Premier Business Inter.

Elekta AB (publ) (OM:EKTA B) entered into an agreement to acquire business assets of Premier Business Inter.

Insufficient new directors

Insufficient new directors

Independent Director recently bought kr63k worth of stock

Insufficient new directors

Insufficient new directors

First Ever Patient Treated for Pancreatic Cancer with New Advanced Radiotherapy Motion Management Using Elekta Unity MR-Linac

Second quarter 2023 earnings released

Elekta AB (publ), Annual General Meeting, Aug 24, 2023

Swedish and Jordanian Royalty Inaugurate Elekta AB (publ) Radiation Therapy Devices for Cancer and Brain Disease

Insufficient new directors

Elekta AB (publ) Announces Elekta Esprit Receives FDA 510(k) Clearance

Elekta Unity Demonstrates Promising Quality of Life Outcomes for Pancreas and Prostate Cancers At Astro Annual Meeting

Elekta AB (publ)(OM:EKTA B) dropped from FTSE All-World Index (USD)

Elekta AB (publ) Elects Kelly Londy as a Director

First quarter 2023 earnings released: EPS: kr0.16 (vs kr0.33 in 1Q 2022)

Upcoming dividend of kr1.20 per share

Insufficient new directors

Full year 2022 earnings released: EPS: kr3.02 (vs kr3.28 in FY 2021)

Elekta AB (publ) to Report Fiscal Year 2023 Results on May 25, 2023

Chief Product Officer recently bought kr420k worth of stock

Full year 2022 earnings released: EPS: kr3.02 (vs kr3.28 in FY 2021)

Elekta AB (Publ) Proposes Dividend for the Fiscal Year 2021/22

Elekta Launches New Radiosurgery System: Elekta Esprit

Insufficient new directors

Elekta AB (publ) to Report Fiscal Year 2022 Final Results on Jul 08, 2022

Insider recently bought kr518k worth of stock

Third quarter 2022 earnings: Revenues in line with analyst expectations

Elekta AB (publ), Annual General Meeting, Aug 25, 2022

Upcoming dividend of kr1.10 per share

President of Brachy Solutions recently bought kr305k worth of stock

Independent Director recently bought kr1.1m worth of stock

Second quarter 2022 earnings: Revenues exceed analyst expectations

Insufficient new directors

Founder & Chairman recently bought kr49m worth of stock

Elekta AB (publ) (OM:EKTA B) acquired Özyürek Mümessillik ve Dis Ticaret A.S.

First quarter 2022 earnings released: EPS kr0.33 (vs kr0.56 in 1Q 2021)

Upcoming dividend of kr1.10 per share

Insufficient new directors

Full year 2021 earnings released: EPS kr3.28 (vs kr2.84 in FY 2020)