Husqvarna Management

Management criteria checks 2/4

Husqvarna's CEO is Pavel Hajman, appointed in Dec 2022, has a tenure of 1.42 years. total yearly compensation is SEK15.78M, comprised of 62.1% salary and 37.9% bonuses, including company stock and options. directly owns 0.026% of the company’s shares, worth SEK13.27M. The average tenure of the management team and the board of directors is 2.2 years and 5.1 years respectively.

Key information

Pavel Hajman

Chief executive officer

kr15.8m

Total compensation

CEO salary percentage	62.1%
CEO tenure	1.4yrs
CEO ownership	0.03%
Management average tenure	2.2yrs
Board average tenure	5.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Pavel Hajman's remuneration changed compared to Husqvarna's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	kr2b
Dec 31 2023	kr16m	kr10m	kr2b
Sep 30 2023	n/a	n/a	kr2b
Jun 30 2023	n/a	n/a	kr2b
Mar 31 2023	n/a	n/a	kr2b
Dec 31 2022	kr277k	kr277k	kr2b

Compensation vs Market: Pavel's total compensation ($USD1.46M) is above average for companies of similar size in the Swedish market ($USD1.02M).

Compensation vs Earnings: Pavel's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Pavel Hajman (58 yo)

1.4yrs

Tenure

kr15,781,000

Compensation

Mr. Pavel Hajman is Chief Executive Officer of Husqvarna AB (publ) since May 4, 2023 and serves as its Director since April 18, 2024. He was Executive Vice President of Global Information Services of Husqv...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Pavel Hajman	CEO & Director	1.4yrs	kr15.78m	0.026% SEK 13.3m
Terry Burke	CFO and Executive VP of Finance	2.2yrs	no data	0.0065% SEK 3.3m
Brian Belanger	Executive VP of Legal Affairs & General Counsel and Board Secretary	9yrs	no data	0.014% SEK 7.3m
Leigh Dagberg	Executive Vice President of People & Organization	5.6yrs	no data	0.0057% SEK 2.9m
Pär Åström	Executive VP & President of Gardena Division	6.3yrs	no data	0.022% SEK 11.3m
Glen Instone	Executive VP and President of Forest & Garden Division	2.2yrs	no data	0.015% SEK 7.8m
Karin Falk	Executive VP & President of Construction Division	3.7yrs	no data	0.0041% SEK 2.1m
Henrik Sjöström	Head of External Communications	no data	no data	no data
Robert Hafredal	Group CIO & Executive VP of Global Information Services	1.4yrs	no data	0.0020% SEK 1.0m
Andreas Rangert	President of North America	less than a year	no data	no data
Anna Fogelström	Group Supply Chain Planning Manager	no data	no data	no data

2.2yrs

Average Tenure

51yo

Average Age

Experienced Management: HUSQ A's management team is considered experienced (2.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Pavel Hajman	CEO & Director	less than a year	kr15.78m	0.026% SEK 13.3m
Thomas Johnstone	Chairman of the Board	18.3yrs	kr2.34m	0.0028% SEK 1.4m
Lars Pettersson	Director	10.1yrs	kr800.00k	0.00087% SEK 445.4k
Daniel Nodhall	Director	11.1yrs	kr835.00k	0.0024% SEK 1.3m
Ingrid Bonde	Independent Director	3.1yrs	kr940.00k	0.0010% SEK 537.5k
Torbjorn Loof	Deputy Chair of the Board	1.1yrs	kr650.00k	0.0035% SEK 1.8m
Christine Robins	Independent Director	7.1yrs	kr650.00k	0.00065% SEK 332.8k
Katarina Martinson	Director	12.2yrs	kr835.00k	0.086% SEK 44.1m
Bertrand Neuschwander	Independent Director	8.1yrs	kr740.00k	0.0013% SEK 670.6k
Anders Krantz	Employee Representative Director	1.4yrs	no data	0.000010% SEK 5.1k
Thomas Elmqvist	Chairman of Husqvarna International Biodiversity Advisory Board	less than a year	no data	no data
Sandra Lavorel	Member of Husqvarna International Biodiversity Advisory Board	less than a year	no data	no data

5.1yrs

Average Tenure

58yo

Average Age

Experienced Board: HUSQ A's board of directors are considered experienced (5.1 years average tenure).

Husqvarna Management

Management criteria checks 2/4

Key information

Recent management updates

Husqvarna AB Appoints Torbjörn Lööf as Deputy Chair of the Board

Husqvarna AB (Publ) Announces Pär Åström to Leave Husqvarna Group, Effective June 30, 2024

Husqvarna Group Establishes International Advisory Board of Biodiversity Experts

Husqvarna AB (publ) Announces Resignation of Erik Winberg as Executive Vice President Strategy & Innovation, and Member of the Group Management, Effective by December 31, 2023

Husqvarna AB (publ), Annual General Meeting, Apr 18, 2024

Husqvarna AB (publ) Announces Change in Employee Representatives to the Board of Directors

Recent updates

Husqvarna AB Appoints Torbjörn Lööf as Deputy Chair of the Board

Husqvarna AB (Publ) Approves Dividend for the Financial Year 2023, Payable on April 25, 2024 and October 25, 2024 Respectively

Husqvarna Launches Another Game-Changing Innovation in Chainsaws

Husqvarna Group Expands Virtual Boundary Robotic Lawn Mower Range to Medium-Sized Gardens

Husqvarna AB (publ) Proposes Dividend for the Financial Year 2023, Payable on April 25, 2024 and October 25, 2024 Respectively

Husqvarna AB (publ) signed an agreement to acquire ET Water Systems, Inc. from Jain Irrigation, Inc.

Husqvarna AB (Publ) Announces Pär Åström to Leave Husqvarna Group, Effective June 30, 2024

Husqvarna Group Expands its Max Battery Series Product Line with Attachment-Capable Powerhead that Offers More Than Fifteen Tools in One

Husqvarna Group Establishes International Advisory Board of Biodiversity Experts

Husqvarna Group Launches an Innovative Redesign of A Legendary Workhorse

Husqvarna AB (publ) Announces Resignation of Erik Winberg as Executive Vice President Strategy & Innovation, and Member of the Group Management, Effective by December 31, 2023

Husqvarna Launches Pro Insider, an Online Learning Platform That Rewards Its Users

Husqvarna AB (publ) to Report Fiscal Year 2023 Results on Feb 02, 2024

Husqvarna AB (publ), Annual General Meeting, Apr 18, 2024

Husqvarna AB (publ) Announces Change in Employee Representatives to the Board of Directors

Husqvarna Group Appoints Robert Hafredal as New EVP Global Information Services and Group Cio, Effective August 1, 2023

Husqvarna AB (Publ) Launches 525I Battery Series with Performance Meeting 25Cc Batteries

Husqvarna Group Appoints Pavel Hajman as Group CEO

Husqvarna Announces the Next Level of Tree Care Tools with the Launch of the T540 XP® Mark III and New Line of Arborist Gear

Husqvarna Group Announces Its First Range Supporting the Power for All Battery Solution

Husqvarna AB Announces Henric Andersson Will Leave as Board Member

Husqvarna AB Proposes A Dividend for 2022

Husqvarna AB (publ) Announces CEO Changes

Husqvarna Group Announces Management Changes

Husqvarna AB (publ) Announces Change in Employee Representatives to the Board of Directors of the Company

Husqvarna Group Launches Xcite Zero-Turn Mowers Complete with Industry-First Innovations

Husqvarna AB (publ) Announces Resignation of Tina Helmke Hallberg from Board of Directors

Husqvarna AB (publ) to Report Nine Months, 2023 Results on Oct 20, 2023

Husqvarna Group to Debut Cutting-Edge Product Innovations at Equip Exposition

Husqvarna Launches Virtual Boundary Robotic Lawn Mowing for Private Gardens

Husqvarna AB (publ) Announces Nomination Committee for the 2023 Annual General Meeting

Husqvarna AB Announces Change of Employee Representative in the Board of Directors

Husqvarna AB (publ) Provides Sales Guidance for the Second Quarter 2022

Husqvarna AB (publ) Provides Sales Guidance for the Second Quarter 2022

Husqvarna AB (publ) Announces the Resignation of Stefan Ranstrand as Director of the Board of Directors

Husqvarna AB (publ) (OM:HUSQ B) completed the acquisition of Heger GmbH Excellent Diamond Tools.

Husqvarna AB (publ) (OM:HUSQ B) agreed to acquire Heger GmbH Excellent Diamond Tools.

Husqvarna AB (publ) Approves Dividends, Payable on April 14, 2022 and October 14, 2022 Respectively

Husqvarna AB (publ) to Report Fiscal Year 2021 Final Results on Mar 17, 2022

Husqvarna Group Announces Chief Financial Officer Changes, Effective March 1, 2022

Husqvarna AB (publ) Proposes Dividend

Husqvarna Group Appoints Terry Burke as Chief Financial Officer

Husqvarna AB (publ) (OM:HUSQ B) acquired additional 33.2% minority stake in Yeti Move As from Semcon AB (publ) (OM:SEMC).

Husqvarna AB (Publ) Proposes Dividend for Financial Year 2020

Husqvarna AB (Publ) Announces Ulla Litzén Not Available for Re-Election

Husqvarna Launches a Game Changing Robotic Solution for Commercial Turf Care Management

Husqvarna Group signed an agreement to acquire Blastrac NA, Inc.

Husqvarna AB (publ) to Report Fiscal Year 2020 Results on Feb 03, 2021

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age