Lagercrantz Group Management

Management criteria checks 4/4

Lagercrantz Group's CEO is Jörgen Wigh, appointed in Feb 2006, has a tenure of 18.25 years. total yearly compensation is SEK11.39M, comprised of 56% salary and 44% bonuses, including company stock and options. directly owns 1.18% of the company’s shares, worth SEK404.83M. The average tenure of the management team and the board of directors is 3 years and 7 years respectively.

Key information

Jörgen Wigh

Chief executive officer

kr11.4m

Total compensation

CEO salary percentage	56.0%
CEO tenure	18.3yrs
CEO ownership	1.2%
Management average tenure	3yrs
Board average tenure	7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jörgen Wigh's remuneration changed compared to Lagercrantz Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	kr849m
Sep 30 2023	n/a	n/a	kr824m
Jun 30 2023	n/a	n/a	kr788m
Mar 31 2023	kr11m	kr6m	kr758m
Dec 31 2022	n/a	n/a	kr715m
Sep 30 2022	n/a	n/a	kr664m
Jun 30 2022	n/a	n/a	kr612m
Mar 31 2022	kr11m	kr6m	kr572m
Dec 31 2021	n/a	n/a	kr529m
Sep 30 2021	n/a	n/a	kr492m
Jun 30 2021	n/a	n/a	kr457m
Mar 31 2021	kr10m	kr6m	kr388m
Dec 31 2020	n/a	n/a	kr363m
Sep 30 2020	n/a	n/a	kr357m
Jun 30 2020	n/a	n/a	kr354m
Mar 31 2020	kr9m	kr6m	kr366m
Dec 31 2019	n/a	n/a	kr369m
Sep 30 2019	n/a	n/a	kr352m
Jun 30 2019	n/a	n/a	kr348m
Mar 31 2019	kr9m	kr5m	kr342m
Dec 31 2018	n/a	n/a	kr327m
Sep 30 2018	n/a	n/a	kr309m
Jun 30 2018	n/a	n/a	kr297m
Mar 31 2018	kr8m	kr5m	kr286m

Compensation vs Market: Jörgen's total compensation ($USD1.05M) is below average for companies of similar size in the UK market ($USD2.61M).

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

CEO

Jörgen Wigh (58 yo)

18.3yrs

Tenure

kr11,389,000

Compensation

Mr. Jörgen Wigh, M.Sc. Econ., is the founder of PriceGain. Mr. Wigh serves as Chairman of the Board of Bergman & Beving AB (publ) since 2019 and serves as its Director since 2019. Mr. Wigh serves as the Pr...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Jörgen Wigh	President	18.3yrs	kr11.39m	1.18% SEK 404.8m
Peter Thysell	Chief Financial Officer	2.4yrs	no data	no data
Jonas Ahlberg	Executive VP & Head of Division Niche Products	3yrs	no data	no data
Peter Baaske	Head of Division Electrify	3.3yrs	no data	no data
Martin Sirvell	Head of Division TecSec	3.3yrs	no data	no data
Daniel Wedberg	Head of Division Control	2.3yrs	no data	no data
Fredrik Siwmark	Head of Division International	less than a year	no data	no data
Per Ikov	CEO of Lagercrantz A/S and M&A Lagercrantz Denmark	no data	kr568.00k	no data

3.0yrs

Average Tenure

52yo

Average Age

Experienced Management: 0RB7's management team is considered experienced (3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Jörgen Wigh	President	18.3yrs	kr11.39m	1.18% SEK 404.8m
Ulf Södergren	Director	4.8yrs	no data	0.015% SEK 5.0m
Anders Claeson	Director	3.8yrs	no data	0.012% SEK 4.2m
Anna Almlöf	Director	8.3yrs	no data	0.0024% SEK 808.3k
Fredrik Börjesson	Chairman of the Board	8.3yrs	no data	0.031% SEK 10.7m
Anna Marsell	Director	5.7yrs	no data	0.0024% SEK 832.3k

7.0yrs

Average Tenure

57yo

Average Age

Experienced Board: 0RB7's board of directors are considered experienced (7 years average tenure).

Lagercrantz Group Management

Management criteria checks 4/4

Key information

Recent management updates

Lagercrantz Group AB (publ), Annual General Meeting, Aug 26, 2024

Director recently bought kr1.4m worth of stock

Lagercrantz Group AB (publ), Annual General Meeting, Aug 29, 2023

Director recently sold kr98k worth of stock

No independent directors

Lagercrantz Group AB (publ) Announces Appointments to Remuneration Committee

Recent updates

Lagercrantz Group AB (publ) (OM:LAGR B) completed the acquisition of 85% stake in Nordic Road Safety AB.

Lagercrantz Group AB (publ) (OM:LAGR B) completed the acquisition of 96% stake in Prido Ab.

Lagercrantz Group AB (publ) (OM:LAGR B) signed an agreement to acquire 96% stake in Prido Ab.

Third quarter 2024 earnings released: EPS: kr1.09 (vs kr0.97 in 3Q 2023)

Lagercrantz Group AB (publ), Annual General Meeting, Aug 26, 2024

Lagercrantz Group AB (publ) to Report Q1, 2025 Results on Jul 18, 2024

Lagercrantz Group AB (publ) (OM:LAGR B) acquired DP Seals Ltd.

Second quarter 2024 earnings released

Lagercrantz Group AB (publ) (OM:LAGR B) acquired Letti AS from Roger Bach.

Lagercrantz Group AB Approves Dividend, Payable on 5 September 2023

Upcoming dividend of kr1.60 per share at 1.4% yield

Lagercrantz Group AB (Publ) Proposes Dividend

Lagercrantz Group AB (publ) to Report Fiscal Year 2024 Results on May 17, 2024

Full year 2023 earnings released: EPS: kr3.71 (vs kr2.81 in FY 2022)

Lagercrantz Group AB (publ) (OM:LAGR B) completed the acquisition of 80% stake in Supply Plus Limited.

Director recently bought kr1.4m worth of stock

Full year 2023 earnings released: EPS: kr3.68 (vs kr2.81 in FY 2022)

Lagercrantz Group AB (publ) to Report Q2, 2024 Results on Oct 25, 2023

Lagercrantz Group AB (publ), Annual General Meeting, Aug 29, 2023

Third quarter 2023 earnings released

Lagercrantz Group AB (publ) (OM:LAGR B) acquired Tykoflex AB from Andor Intressenter Ab.

Director recently sold kr98k worth of stock

No independent directors

Second quarter 2023 earnings released

Lagercrantz Group AB (publ) to Report Q1, 2023 Results on Jul 19, 2023

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Now 21% undervalued after recent price drop

Lagercrantz Group AB (publ) (OM:LAGR B) acquired 80% stake in Tebul Oy.

Lagercrantz Group AB (publ) (OM:LAGR B) acquired a 93% stake in Water Proof Diving International Ab.

Lagercrantz Group AB (publ) Announces Appointments to Remuneration Committee

Upcoming dividend of kr1.30 per share

Lagercrantz Group AB (publ) (OM:LAGR B) acquired Door & Joinery Solutions Limited.

Full year 2022 earnings released

Lagercrantz Group AB (publ) Proposes Dividend for the Financial Year 2021/22

Lagercrantz Group AB (publ) (OM:LAGR B) acquired Stegborgs El-Evator Ab.

Lagercrantz Group AB (publ) (OM:LAGR B) acquired 95% stake in Pcp Corporation A/S for an enterprise value DKK 350 million.

Director recently bought kr100k worth of stock

Full year 2022 earnings released: EPS: kr2.81 (vs kr1.91 in FY 2021)

Lagercrantz Group AB (publ) to Report Fiscal Year 2023 Results on May 16, 2023

Lagercrantz Group AB (Publ) Proposes Dividend

No independent directors

Third quarter 2022 earnings: Revenues exceed analyst expectations

Investor sentiment deteriorated over the past week

Lagercrantz Group AB (publ) (OM:LAGR B) signed an agreement to acquire Aras Security A/S.

Chief Financial Officer Kristina MacKintosh has left the company

Investor sentiment improved over the past week

Second quarter 2022 earnings released: EPS kr0.57 (vs kr0.40 in 2Q 2021)

Chairman of the Board Anders Börjesson has left the company

Upcoming dividend of kr1.00 per share

Full year 2021 earnings released: EPS kr1.91 (vs kr1.80 in FY 2020)

Insider recently sold kr4.6m worth of stock

Director recently bought kr128k worth of stock

Director recently bought kr128k worth of stock

Full year 2021 earnings released: EPS kr1.91 (vs kr1.80 in FY 2020)

Lagercrantz Proposes Dividend for the Year Ended March 31, 2021

Executive VP & Head of Business Development has left the company

Director recently bought kr100k worth of stock

Director recently bought kr737k worth of stock

Insider recently sold kr37m worth of stock

Lagercrantz Group AB (Publ) Announces Executive Changes

Third quarter 2021 earnings released

Revenue misses expectations

Lagercrantz Group AB (publ) to Report Fiscal Year 2021 Results on May 11, 2021

Lagercrantz Group AB (publ), Annual General Meeting, Aug 24, 2021

New 90-day high: kr75.60

Insider recently sold kr1.1m worth of stock

Lagercrantz Group AB (publ) (OM:LAGR B) entered into an agreement to acquire Oy Esari Ab from Ari Rauma and others.

Insider recently sold kr865k worth of stock