Axfood Management
Management criteria checks 2/4
Axfood's CEO is Klas Balkow, appointed in Mar 2017, has a tenure of 7.08 years. directly owns 0.023% of the company’s shares, worth SEK14.50M. The average tenure of the management team and the board of directors is 6.3 years and 8.1 years respectively.
Key information
Klas Balkow
Chief executive officer
n/a
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | 7.1yrs |
| CEO ownership | 0.02% |
| Management average tenure | 6.3yrs |
| Board average tenure | 8.1yrs |
Recent management updates
Recent updates
Axfood (STO:AXFO) Will Pay A Dividend Of SEK4.25
Apr 22
Some Investors May Be Worried About Axfood's (STO:AXFO) Returns On Capital
Apr 03Is There An Opportunity With Axfood AB (publ)'s (STO:AXFO) 48% Undervaluation?
Mar 15Axfood's (STO:AXFO) Dividend Will Be Increased To SEK4.25
Feb 22We Like Axfood's (STO:AXFO) Earnings For More Than Just Statutory Profit
Feb 08Axfood AB (publ) (STO:AXFO) Just Released Its Yearly Earnings: Here's What Analysts Think
Feb 04What Axfood AB (publ)'s (STO:AXFO) P/E Is Not Telling You
Jan 04Is Axfood (STO:AXFO) A Risky Investment?
Dec 17Capital Allocation Trends At Axfood (STO:AXFO) Aren't Ideal
Nov 29Axfood's (STO:AXFO) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 28Axfood (STO:AXFO) May Have Issues Allocating Its Capital
Aug 21Is There An Opportunity With Axfood AB (publ)'s (STO:AXFO) 47% Undervaluation?
Aug 03Axfood's (STO:AXFO) Upcoming Dividend Will Be Larger Than Last Year's
Jul 18Axfood (STO:AXFO) Is Increasing Its Dividend To SEK4.00
Jul 04Should You Be Adding Axfood (STO:AXFO) To Your Watchlist Today?
Apr 18Axfood (STO:AXFO) Seems To Use Debt Quite Sensibly
Apr 06Axfood's (STO:AXFO) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 25Axfood (STO:AXFO) Is Reinvesting At Lower Rates Of Return
Mar 14Axfood (STO:AXFO) Has Announced That It Will Be Increasing Its Dividend To SEK4.15
Feb 18Is Axfood AB (publ) (STO:AXFO) Trading At A 42% Discount?
Feb 16Axfood's (STO:AXFO) Dividend Will Be Increased To SEK4.15
Feb 04Do Axfood's (STO:AXFO) Earnings Warrant Your Attention?
Jan 10Axfood (STO:AXFO) Could Easily Take On More Debt
Dec 27Some Investors May Be Worried About Axfood's (STO:AXFO) Returns On Capital
Nov 17Is Axfood AB (publ) (STO:AXFO) Trading At A 47% Discount?
Nov 05Do Axfood's (STO:AXFO) Earnings Warrant Your Attention?
Oct 02These 4 Measures Indicate That Axfood (STO:AXFO) Is Using Debt Safely
Aug 31There Are Reasons To Feel Uneasy About Axfood's (STO:AXFO) Returns On Capital
Jul 22Should You Be Adding Axfood (STO:AXFO) To Your Watchlist Today?
Jun 21Does Axfood (STO:AXFO) Have A Healthy Balance Sheet?
May 22Investors Could Be Concerned With Axfood's (STO:AXFO) Returns On Capital
Apr 14Axfood AB (publ) (STO:AXFO) Shares Could Be 46% Below Their Intrinsic Value Estimate
Apr 02Axfood (STO:AXFO) Is Increasing Its Dividend To kr4.00
Mar 06Axfood (STO:AXFO) Has Announced That It Will Be Increasing Its Dividend To kr4.00
Feb 20Axfood's (STO:AXFO) Dividend Will Be Increased To kr4.00
Feb 06Is Axfood (STO:AXFO) Using Too Much Debt?
Jan 19Axfood AB (publ)'s (STO:AXFO) Intrinsic Value Is Potentially 67% Above Its Share Price
Dec 14Axfood (STO:AXFO) Could Be Struggling To Allocate Capital
Dec 01Is Now The Time To Put Axfood (STO:AXFO) On Your Watchlist?
Nov 20These 4 Measures Indicate That Axfood (STO:AXFO) Is Using Debt Reasonably Well
Oct 13CEO
Klas Balkow (58 yo)
7.1yrs
Tenure
Mr. Klas Balkow has been Chief Executive Officer and President at Axfood AB since March 2017. Mr. Balkow served as Advisor of Clas Ohlson AB (publ) until March 16, 2017. Mr. Balkow served as the Chief Exec...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & CEO | 7.1yrs | no data | 0.023% SEK 14.5m | |
| Chief Financial Officer | 7.1yrs | no data | 0.0086% SEK 5.4m | |
| Head of Group Accounting | no data | no data | no data | |
| Head of Investor Relations | 4.3yrs | no data | no data | |
| General Counsel & Company Secretary | 6.3yrs | no data | 0.0054% SEK 3.4m | |
| Head of Corporate Communications | 6.3yrs | no data | 0.0035% SEK 2.2m | |
| Head of Human Resources | 5.2yrs | no data | 0.0042% SEK 2.6m | |
| Head of Sustainability | no data | no data | no data | |
| Managing Director of Willys | no data | no data | 0.0079% SEK 5.0m | |
| Managing Director of Snabbgross | no data | no data | 0.011% SEK 7.1m | |
| Head of Strategy & Business Development | 6.3yrs | no data | 0.0037% SEK 2.3m | |
| Managing Director of Hemköpskedjan | 4.2yrs | no data | 0.0041% SEK 2.6m |
6.3yrs
Average Tenure
52yo
Average Age
Experienced Management: AXFO's management team is seasoned and experienced (6.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Director | 8.1yrs | kr868.00k | no data | |
| Independent Director | 4.1yrs | kr705.00k | 0.0019% SEK 1.2m | |
| Independent Director | 3.1yrs | kr593.00k | 0.00019% SEK 118.9k | |
| Non-Independent Director | 10.3yrs | kr555.00k | 0.0061% SEK 3.8m | |
| Employee Representative Director | 8.1yrs | no data | no data | |
| Employee Representative Director | 13.5yrs | no data | no data | |
| Chairman | 1.1yrs | kr383.00k | no data | |
| Independent Director | 8.1yrs | kr543.00k | 0.0093% SEK 5.8m | |
| Employee Representative Director | 8.1yrs | no data | 0.000030% SEK 18.8k | |
| Independent Director | 2.1yrs | kr605.00k | 0.000080% SEK 50.1k |
8.1yrs
Average Tenure
55yo
Average Age
Experienced Board: AXFO's board of directors are considered experienced (8.1 years average tenure).