Gränges AB (publ)

BATS-CHIXE:GRNGS Stock Report

Market Cap: SEK 14.4b

Gränges Management

Management criteria checks 2/4

Gränges' CEO is Jorgen Rosengren, appointed in Oct 2021, has a tenure of 2.67 years. total yearly compensation is SEK15.70M, comprised of 43.9% salary and 56.1% bonuses, including company stock and options. directly owns 0.14% of the company’s shares, worth SEK19.71M. The average tenure of the management team and the board of directors is 3.8 years and 1.8 years respectively.

Key information

Jorgen Rosengren

Chief executive officer

SEK 15.7m

Total compensation

CEO salary percentage43.9%
CEO tenure2.7yrs
CEO ownership0.1%
Management average tenure3.8yrs
Board average tenure1.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jorgen Rosengren's remuneration changed compared to Gränges's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024n/an/a

SEK 993m

Dec 31 2023SEK 16mSEK 7m

SEK 1b

Sep 30 2023n/an/a

SEK 953m

Jun 30 2023n/an/a

SEK 756m

Mar 31 2023n/an/a

SEK 714m

Dec 31 2022SEK 13mSEK 7m

SEK 700m

Sep 30 2022n/an/a

SEK 626m

Jun 30 2022n/an/a

SEK 644m

Mar 31 2022n/an/a

SEK 596m

Dec 31 2021SEK 13mSEK 3m

SEK 595m

Compensation vs Market: Jorgen's total compensation ($USD1.49M) is below average for companies of similar size in the UK market ($USD2.44M).

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

CEO

Jorgen Rosengren (57 yo)

2.7yrs

Tenure

SEK 15,700,000

Compensation

Mr. Jorgen Rosengren serves as President & Chief Executive Officer at Gr nges AB (publ) since October 01, 2021 and serves as its Interim President of Gr nges Europe since November 18, 2021 until March 1, 2...

Leadership Team

NamePositionTenureCompensationOwnership
Jorgen Rosengren
President & CEO2.7yrsSEK 15.70m0.14%
SEK 19.7m
Oskar Hellstrom
Deputy CEO & CFO11.4yrsSEK 14.10m0.056%
SEK 8.2m
Tolga Egrilmezer
Executive Vice President of Business Development10.8yrsno datano data
John Thuestad
Executive Vice President of Extrusion Europe Business Areano datano datano data
Colin Xu
President of Asia11.4yrsno datano data
Patrick Lawlor
President of Americas7.8yrsno datano data
Torbjorn Sternsjo
Senior Advisor of CEO3.6yrsno datano data
Fredrik Spens
President of Europe3.4yrsno data0.0044%
SEK 632.8k
Sofia Hedevag
Senior Vice President of Sustainability4.1yrsno data0.0040%
SEK 577.9k
Piotr Szeliga
Managing Director of Gränges Konin3.6yrsno datano data
William Shannon
Senior Vice President of Global Battery Foil Program1.8yrsno datano data

3.8yrs

Average Tenure

51yo

Average Age

Experienced Management: GRNGS's management team is considered experienced (3.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Fredrik Arp
Independent Chairman of the Board4.1yrsSEK 908.33k0.013%
SEK 1.9m
Cecilia Wennborg
Directorless than a yearno datano data
Stein Hagen
Chairman of Orkla ASAno datano datano data
Mikael Bratt
Directorless than a yearno datano data
Steven Armstrong
Independent Director2.1yrsSEK 390.00kno data
Gunilla Saltin
Independent Directorless than a yearSEK 286.67k0.0023%
SEK 326.5k
Peter Carlsson
Independent Director8.4yrsSEK 390.00k0.0094%
SEK 1.4m
Michael Lönn
Observerno datano datano data
Mats Backman
Independent Director6.1yrsSEK 498.33k0.014%
SEK 2.0m
Martina Buchhauser
Independent Director3.1yrsSEK 421.67kno data
Emelie Gunnstedt
Employee Representative Director1.4yrsSEK 40.00kno data
Emma Lamprecht
Employee Representative Directorless than a yearSEK 3.33kno data

1.8yrs

Average Tenure

58.5yo

Average Age

Experienced Board: GRNGS's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.