C-Rad Management

Management criteria checks 3/4

C-Rad's CEO is Cecilia de Leeuw, appointed in Dec 2022, has a tenure of 2.58 years. total yearly compensation is SEK3.67M, comprised of 59.5% salary and 40.5% bonuses, including company stock and options. directly owns 0.054% of the company’s shares, worth SEK617.45K. The average tenure of the management team and the board of directors is 3.5 years and 2.2 years respectively.

Key information

Cecilia de Leeuw

Chief executive officer

SEK 3.7m

Total compensation

CEO salary percentage59.46%
CEO tenure2.6yrs
CEO ownership0.05%
Management average tenure3.5yrs
Board average tenure2.2yrs

Recent management updates

Recent updates

Results: C-Rad AB (publ) Delivered A Surprise Loss And Now Analysts Have New Forecasts

May 09
Results: C-Rad AB (publ) Delivered A Surprise Loss And Now Analysts Have New Forecasts

Investors Continue Waiting On Sidelines For C-Rad AB (publ) (STO:CRAD B)

Apr 15
Investors Continue Waiting On Sidelines For C-Rad AB (publ) (STO:CRAD B)

C-Rad's (STO:CRAD B) Earnings Are Weaker Than They Seem

Feb 15
C-Rad's (STO:CRAD B) Earnings Are Weaker Than They Seem

Earnings Miss: C-Rad AB (publ) Missed EPS By 9.8% And Analysts Are Revising Their Forecasts

Feb 12
Earnings Miss: C-Rad AB (publ) Missed EPS By 9.8% And Analysts Are Revising Their Forecasts
author-image

Global Expansion And SGRT Demand Will Drive Future Success

Strategic global expansion, particularly in APAC, and long-term contracts in advanced markets support revenue growth and market share increase.

Sentiment Still Eluding C-Rad AB (publ) (STO:CRAD B)

Oct 24
Sentiment Still Eluding C-Rad AB (publ) (STO:CRAD B)

Market Participants Recognise C-Rad AB (publ)'s (STO:CRAD B) Earnings Pushing Shares 29% Higher

Jun 02
Market Participants Recognise C-Rad AB (publ)'s (STO:CRAD B) Earnings Pushing Shares 29% Higher

Returns On Capital Are A Standout For C-Rad (STO:CRAD B)

Mar 01
Returns On Capital Are A Standout For C-Rad (STO:CRAD B)

C-Rad's (STO:CRAD B) Earnings Are Weaker Than They Seem

Feb 15
C-Rad's (STO:CRAD B) Earnings Are Weaker Than They Seem

Do C-Rad's (STO:CRAD B) Earnings Warrant Your Attention?

Feb 03
Do C-Rad's (STO:CRAD B) Earnings Warrant Your Attention?

C-Rad AB (publ)'s (STO:CRAD B) Popularity With Investors Is Clear

Jan 19
C-Rad AB (publ)'s (STO:CRAD B) Popularity With Investors Is Clear

Is Now The Time To Look At Buying C-Rad AB (publ) (STO:CRAD B)?

Oct 28
Is Now The Time To Look At Buying C-Rad AB (publ) (STO:CRAD B)?

Returns Are Gaining Momentum At C-Rad (STO:CRAD B)

Aug 16
Returns Are Gaining Momentum At C-Rad (STO:CRAD B)

Are Investors Undervaluing C-Rad AB (publ) (STO:CRAD B) By 45%?

Dec 14
Are Investors Undervaluing C-Rad AB (publ) (STO:CRAD B) By 45%?

Is Now An Opportune Moment To Examine C-Rad AB (publ) (STO:CRAD B)?

Jul 20
Is Now An Opportune Moment To Examine C-Rad AB (publ) (STO:CRAD B)?

Returns Are Gaining Momentum At C-Rad (STO:CRAD B)

May 07
Returns Are Gaining Momentum At C-Rad (STO:CRAD B)

Earnings Miss: C-Rad AB (publ) Missed EPS By 5.5% And Analysts Are Revising Their Forecasts

Jan 30
Earnings Miss: C-Rad AB (publ) Missed EPS By 5.5% And Analysts Are Revising Their Forecasts

C-Rad (STO:CRAD B) Shareholders Will Want The ROCE Trajectory To Continue

Jul 03
C-Rad (STO:CRAD B) Shareholders Will Want The ROCE Trajectory To Continue

Will the Promising Trends At C-Rad (STO:CRAD B) Continue?

Mar 05
Will the Promising Trends At C-Rad (STO:CRAD B) Continue?

Are C-Rad's (STO:CRAD B) Statutory Earnings A Good Reflection Of Its Earnings Potential?

Feb 07
Are C-Rad's (STO:CRAD B) Statutory Earnings A Good Reflection Of Its Earnings Potential?

CEO Compensation Analysis

How has Cecilia de Leeuw's remuneration changed compared to C-Rad's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2025n/an/a

SEK 26m

Mar 31 2025n/an/a

SEK 32m

Dec 31 2024SEK 4mSEK 2m

SEK 56m

Sep 30 2024n/an/a

SEK 58m

Jun 30 2024n/an/a

SEK 54m

Mar 31 2024n/an/a

SEK 48m

Dec 31 2023SEK 4mSEK 2m

SEK 36m

Sep 30 2023n/an/a

SEK 24m

Jun 30 2023n/an/a

SEK 20m

Mar 31 2023n/an/a

SEK 12m

Dec 31 2022SEK 839kSEK 175k

SEK 7m

Compensation vs Market: Cecilia's total compensation ($USD383.28K) is about average for companies of similar size in the Swedish market ($USD310.51K).

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


CEO

Cecilia de Leeuw (57 yo)

2.6yrs
Tenure
SEK 3,673,000
Compensation

Ms. Cecilia de Leeuw was Director of Kambi Group plc since May 16, 2019 until May 22, 2024. She is an Independent Director of Net Insight AB (publ) since May 2022. She is Chief Executive Officer of C-Rad A...


Leadership Team

NamePositionTenureCompensationOwnership
Cecilia de Leeuw
CEO & President2.6yrsSEK 3.67m0.054%
SEK 617.4k
Linda Frölén
Chief Financial Officerless than a yearno data0.015%
SEK 171.5k
Hakan Axelsson
Chief Operating Officer5.9yrsno datano data
Melinda Perjons
Vice President of Marketing1.5yrsno datano data
Xiaodong Wang
President Greater APAC7.5yrsno data0.12%
SEK 1.4m
Ivan Astralaga
President of C-RAD Americas4.2yrsno datano data
Basak Karakus
Executive for Global Digital Marketingno datano datano data
Johan Danielsson
Director of Global Services3.5yrsno datano data
3.5yrs
Average Tenure
57yo
Average Age

Experienced Management: CRAD B's management team is considered experienced (3.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Kristina Willgard
Independent Chair of the Board2.2yrsSEK 495.00k0.030%
SEK 343.0k
Mats Thoren
Independent Director1.2yrsSEK 100.00kno data
Jenny Rosberg
Independent Director4.5yrsSEK 275.00k0.033%
SEK 377.3k
Susanne Ekblom
Independent Director2.2yrsSEK 245.00kno data
Peter Simonsbacka
Independent Director2.2yrsSEK 210.00kno data
David Sjostrom
Independent Director8.2yrsSEK 200.00kno data
2.2yrs
Average Tenure
59yo
Average Age

Experienced Board: CRAD B's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/21 14:25
End of Day Share Price 2025/07/21 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

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.

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 Github.

Analyst Sources

C-Rad AB (publ) is covered by 2 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
Victor ForssellABG Sundal Collier Sponsored
Christian LeePareto Securities