IAR Systems Group AB (publ)

BATS-CHIXE:IARBS Stock Report

Market Cap: SEK 1.4b

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

SEK 3.5m

Total compensation

CEO salary percentage77.1%
CEO tenure1.6yrs
CEO ownership0.1%
Management average tenure1.7yrs
Board average tenure2.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Richard Lind's remuneration changed compared to IAR Systems Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2023n/an/a

SEK 52m

Dec 31 2022SEK 4mSEK 3m

SEK 58m

Sep 30 2022n/an/a

-SEK 62m

Jun 30 2022n/an/a

-SEK 63m

Mar 31 2022n/an/a

-SEK 68m

Dec 31 2021SEK 973kSEK 800k

-SEK 67m

Sep 30 2021n/an/a

SEK 50m

Jun 30 2021n/an/a

SEK 53m

Mar 31 2021n/an/a

SEK 61m

Dec 31 2020SEK 180kn/a

SEK 59m

Sep 30 2020n/an/a

SEK 67m

Jun 30 2020n/an/a

SEK 70m

Mar 31 2020n/an/a

SEK 69m

Dec 31 2019SEK 90kn/a

SEK 81m

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

SEK 3,500,000

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

NamePositionTenureCompensationOwnership
Richard Lind
Chief Executive Officer1.6yrsSEK 3.50m0.11%
SEK 1.5m
Ann Zetterberg
Chief Financial Officer1.8yrsno data0.0079%
SEK 109.7k
Anders Holmberg
Chief Technology Officerno datano datano data
Hanna Laurentz
Head of Corporate Communicationsno datano datano data
Ali Sebt
Chief Corporate Development Officer5yrsno datano data
Jesper Rydaker
Chief Marketing & Communications Officer1.3yrsno datano 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

NamePositionTenureCompensationOwnership
Nicolas Hassbjer
Independent Chairman of the Board2.1yrsSEK 500.00k1.67%
SEK 23.2m
Sabina Linden
Independent Director1.1yrsSEK 100.00kno data
Michael Ingelog
Independent Director4.3yrsSEK 200.00k0.051%
SEK 714.0k
Cecilia Wachtmeister
Independent Director2.1yrsSEK 200.00k0.015%
SEK 204.0k
Fred Wikström
Independent Director4.3yrsSEK 200.00k0.26%
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.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/05/22 10:18
End of Day Share Price 2023/02/22 00:00
Earnings2023/03/31
Annual Earnings2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

IAR Systems Group AB (publ) is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Viktor HögbergDanske Bank
Joachim GunellDNB Markets
Erik HaeggstromPareto Securities