IAR Systems Group Management

Management criteria checks 4/4

IAR Systems Group's CEO is Cecilia Wachtmeister, appointed in Jan 2024, has a tenure of less than a year. directly owns 0.072% of the company’s shares, worth SEK1.17M. The average tenure of the management team and the board of directors is 2.9 years and 3.7 years respectively.

Key information

Cecilia Wachtmeister

Chief executive officer

SEK 200.0k

Total compensation

CEO salary percentage	n/a
CEO tenure	less than a year
CEO ownership	0.07%
Management average tenure	2.9yrs
Board average tenure	3.7yrs

Recent management updates

Recent updates

CEO

Cecilia Wachtmeister (58 yo)

less than a year

Tenure

SEK 200,000

Compensation

Ms. Cecilia Wachtmeister is Director of IAR Systems Group AB (publ) since 2024 and previously served as an Independent Director from April 27, 2021 until 2024 and serves as its Chief Executive Officer and...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Cecilia Wachtmeister	CEO, MD & Board Member	less than a year	SEK 200.00k	0.072% SEK 1.2m
Richard Lind	President	no data	SEK 4.00m	0.19% SEK 3.2m
Ann Zetterberg	Chief Financial Officer	3.3yrs	no data	0.0082% SEK 132.9k
Anders Holmberg	Chief Technology Officer	no data	no data	no data
Hanna Laurentz	Head of Corporate Communications	no data	no data	no data
Ali Sebt	Chief Corporate Development Officer	6.6yrs	no data	no data
Jesper Rydaker	Chief Marketing & Communications Officer	2.9yrs	no data	no data
Emilia Waldenvik	Chief Human Resources Officer	1.6yrs	no data	no data
Dannielle Iversen	Chief Revenue Officer & Area Vice President	no data	no data	no data
Lotta Frimanson	Director of Product Management	no data	no data	no data
Johanna Frodevik	Global Customer Success Lead	no data	no data	no data
Tim Woodruff	VP Engineering & IAR Embedded Security	no data	no data	0.035% SEK 563.0k

2.9yrs

Average Tenure

57yo

Average Age

Experienced Management: 0QTV's management team is considered experienced (2.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Cecilia Wachtmeister	CEO, MD & Board Member	less than a year	SEK 200.00k	0.072% SEK 1.2m
Nicolas Hassbjer	Independent Chairman of the Board	3.7yrs	SEK 500.00k	2.51% SEK 40.8m
Sabina Linden	Independent Director	2.7yrs	SEK 200.00k	0.014% SEK 234.1k
Michael Ingelog	Independent Director	5.9yrs	SEK 200.00k	0.076% SEK 1.2m
Fred Wikström	Independent Director	5.9yrs	SEK 200.00k	0.27% SEK 4.4m

3.7yrs

Average Tenure

54yo

Average Age

Experienced Board: 0QTV's board of directors are considered experienced (3.7 years average tenure).

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/21 14:31
End of Day Share Price	2024/12/19 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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.

Analyst	Institution
Viktor Högberg	Danske Bank
Joachim Gunell	DNB Markets
Erik Haeggstrom	Pareto Securities

IAR Systems Group Management

Management criteria checks 4/4

Key information

Recent management updates

Chief Executive Officer recently bought kr613k worth of stock

Independent Director recently bought kr334k worth of stock

IAR Systems Group AB (publ) Announces CEO Changes

I.A.R. Systems Group Appoints Cecilia Wachtmeister as CEO, Effective No Later Than October 1, 2024

Chief Executive Officer recently bought kr304k worth of stock

Independent Director recently bought kr77k worth of stock

Recent updates

Chief Executive Officer recently bought kr613k worth of stock

Third quarter 2024 earnings released: EPS: kr1.04 (vs kr1.03 in 3Q 2023)

IAR Systems Group AB (publ) to Report Q4, 2024 Results on Feb 11, 2025

Independent Director recently bought kr334k worth of stock

Second quarter 2024 earnings released: EPS: kr1.19 (vs kr0.45 in 2Q 2023)

IAR Systems Group AB (publ) Announces CEO Changes

Now 20% undervalued

Upcoming dividend of kr1.50 per share

Full year 2023 earnings released: kr16.84 loss per share (vs kr4.23 profit in FY 2022)

Dividend of kr1.50 announced

I.A.R. Systems Group Appoints Cecilia Wachtmeister as CEO, Effective No Later Than October 1, 2024

IAR Systems Group AB (publ) Proposes Sales Guidance for the Year 2024

Full year 2023 earnings released: kr16.84 loss per share (vs kr4.23 profit in FY 2022)

Chief Executive Officer recently bought kr304k worth of stock

Independent Director recently bought kr77k worth of stock

New major risk - Share price stability

Investor sentiment improves as stock rises 28%

Investor sentiment improves as stock rises 21%

New minor risk - Market cap size

IAR Systems Group AB (publ) to Report Second Half, 2023 Results on Feb 08, 2024

Second quarter 2023 earnings released

Now 22% undervalued

Chief Executive Officer recently bought kr393k worth of stock

Investor sentiment deteriorates as stock falls 28%

Upcoming dividend of kr1.50 per share at 1.3% yield

Full year 2022 earnings released: EPS: kr4.23 (vs kr4.94 loss in FY 2021)

Investor sentiment deteriorates as stock falls 19%

Chief Executive Officer recently bought kr275k worth of stock

Full year 2022 earnings released: EPS: kr4.24 (vs kr4.94 loss in FY 2021)

IAR Systems Group AB (publ), Annual General Meeting, Apr 26, 2023

IAR Systems fully supports the brand-new Industrial-Grade PX5 RTOS

IAR Systems Announces the Full Support of Their Latest Release of IAR Embedded Workbench for RISC-V for the CoDense™ Extension of Andes Technology's AndeStar™ V5 RISC-V Processor

Third quarter 2022 earnings released

Första AP-fonden acquired an unknown minority stake in IAR Systems Group AB (publ) for approximately SEK 120 million.

IAR Systems Group AB (publ) to Report Nine Months, 2023 Results on Oct 25, 2023

IAR Systems Enable Visual Studio Code Extensions to Meet Developer Demands

IAR Systems Announces the Latest Version of the Complete Development Toolchain IAR Embedded Workbench® for Arm

Independent Chairman of the Board recently bought kr10m worth of stock

I.A.R. Systems Group AB Elects Sabina Lind as New Board Member

IAR Systems Brings Low-Code State Machine Design Solution to Linux

IAR Systems enables powerful AI/ML applications based on Alif Semiconductor's microcontrollers and fusion processors

CEO & Director recently bought kr83k worth of stock

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

Now 21% undervalued

CEO & Director recently bought kr335k worth of stock

High number of new directors

CEO & Director recently bought kr335k worth of stock

High number of new and inexperienced directors

Third quarter 2021 earnings released

Investor sentiment deteriorated over the past week

High number of new and inexperienced directors

Second quarter 2021 earnings released

IAR Systems Extends Development Tools Performance Capabilities for Andes RISC-V Cores

IAR Systems Enables Advantech to Innovate Smart Industrial Iot Edge Devices

IAR Systems and Secure Thingz present embedded security compliance solution for Renesas RX

IAR Systems Boosts Development of Embedded Applications Based on NXP's i.MX RT1160 crossover MCUs

IAR Systems Extends Product Portfolio for Streamlined Linux-Based Automated Workflows

Independent Chairman of the Board Maria Wasing has left the company

First quarter 2021 earnings released

Full year 2020 earnings released: EPS kr4.36 (vs kr5.96 in FY 2019)

IAR Systems Announces Availability of RISC-V Development Tools with Certification for IEC 61508 and ISO 26262

IAR Systems adds Functional Safety certification for build tools for Linux

IAR Systems Group AB (publ) Systems Introduces 64-Bit Arm Core Support in Leading Embedded Development Tools

Independent Director recently bought kr277k worth of stock

Full year 2020 earnings released: EPS kr4.36 (vs kr5.96 in FY 2019)

Revenue misses expectations

IAR Systems Group AB (publ) to Report Fiscal Year 2020 Results on Mar 22, 2021

Market bids up stock over the past week

IAR Systems and GigaDevice Extend Partnership with Powerful Arm Solutions