IAR Systems Group Management
Management criteria checks 2/4
IAR Systems Group's CEO is Richard Lind, appointed in Oct 2021, has a tenure of 1.58 years. total yearly compensation is SEK3.50M, comprised of 77.1% salary and 22.9% bonuses, including company stock and options. directly owns 0.11% of the company’s shares, worth SEK1.53M. The average tenure of the management team and the board of directors is 1.7 years and 2.1 years respectively.
Key information
Richard Lind
Chief executive officer
kr3.5m
Total compensation
| CEO salary percentage | 77.1% |
| CEO tenure | 1.6yrs |
| CEO ownership | 0.1% |
| Management average tenure | 1.7yrs |
| Board average tenure | 2.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2023 | n/a | n/a | kr52m |
| Dec 31 2022 | kr4m | kr3m | kr58m |
| Sep 30 2022 | n/a | n/a | -kr62m |
| Jun 30 2022 | n/a | n/a | -kr63m |
| Mar 31 2022 | n/a | n/a | -kr68m |
| Dec 31 2021 | kr973k | kr800k | -kr67m |
| Sep 30 2021 | n/a | n/a | kr50m |
| Jun 30 2021 | n/a | n/a | kr53m |
| Mar 31 2021 | n/a | n/a | kr61m |
| Dec 31 2020 | kr180k | n/a | kr59m |
| Sep 30 2020 | n/a | n/a | kr67m |
| Jun 30 2020 | n/a | n/a | kr70m |
| Mar 31 2020 | n/a | n/a | kr69m |
| Dec 31 2019 | kr90k | n/a | kr81m |
Compensation vs Market: Richard's total compensation ($USD332.49K) is about average for companies of similar size in the UK market ($USD348.41K).
Compensation vs Earnings: Richard's compensation has been consistent with company performance over the past year.
CEO
Richard Lind (58 yo)
1.6yrs
Tenure
kr3,500,000
Compensation
Mr. Richard Lind serves as Chief Executive Officer of IAR Systems Group AB (publ) since December 9, 2021 and served as its Director since 2019 until April 26, 2022 and served as its Acting Chief Executive...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 1.6yrs | kr3.50m | 0.11% SEK 1.5m | |
| Chief Financial Officer | 1.8yrs | no data | 0.0079% SEK 109.7k | |
| Chief Technology Officer | no data | no data | no data | |
| Head of Corporate Communications | no data | no data | no data | |
| Chief Corporate Development Officer | 5yrs | no data | no data | |
| Chief Marketing & Communications Officer | 1.3yrs | no data | no data |
1.7yrs
Average Tenure
55yo
Average Age
Experienced Management: IARBS's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Chairman of the Board | 2.1yrs | kr500.00k | 1.67% SEK 23.2m | |
| Independent Director | 1.1yrs | kr100.00k | no data | |
| Independent Director | 4.3yrs | kr200.00k | 0.051% SEK 714.0k | |
| Independent Director | 2.1yrs | kr200.00k | 0.015% SEK 204.0k | |
| Independent Director | 4.3yrs | kr200.00k | 0.26% SEK 3.6m |
2.1yrs
Average Tenure
52yo
Average Age
Experienced Board: IARBS's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.