RaySearch Laboratories AB (publ)

OM:RAY B Stock Report

Market Cap: kr3.9b

RaySearch Laboratories Management

Management criteria checks 4/4

RaySearch Laboratories' CEO is Johan Lof, appointed in Jan 2000, has a tenure of 24.25 years. total yearly compensation is SEK6.90M, comprised of 84.9% salary and 15.1% bonuses, including company stock and options. directly owns 16.51% of the company’s shares, worth SEK646.54M. The average tenure of the management team and the board of directors is 5.5 years and 20.6 years respectively.

Key information

Johan Lof

Chief executive officer

kr6.9m

Total compensation

CEO salary percentage84.9%
CEO tenure24.3yrs
CEO ownership16.5%
Management average tenure5.5yrs
Board average tenure20.6yrs

Recent management updates

Recent updates

RaySearch Laboratories (STO:RAY B) Will Want To Turn Around Its Return Trends

Oct 04
RaySearch Laboratories (STO:RAY B) Will Want To Turn Around Its Return Trends

Does RaySearch Laboratories (STO:RAY B) Have A Healthy Balance Sheet?

Jul 10
Does RaySearch Laboratories (STO:RAY B) Have A Healthy Balance Sheet?

Is RaySearch Laboratories (STO:RAY B) Using Too Much Debt?

Nov 17
Is RaySearch Laboratories (STO:RAY B) Using Too Much Debt?

One Forecaster Is Now More Bearish On RaySearch Laboratories AB (publ) (STO:RAY B) Than They Used To Be

Mar 15
One Forecaster Is Now More Bearish On RaySearch Laboratories AB (publ) (STO:RAY B) Than They Used To Be

Is RaySearch Laboratories (STO:RAY B) A Risky Investment?

Feb 22
Is RaySearch Laboratories (STO:RAY B) A Risky Investment?

Is RaySearch Laboratories (STO:RAY B) Using Debt In A Risky Way?

Nov 04
Is RaySearch Laboratories (STO:RAY B) Using Debt In A Risky Way?

Is RaySearch Laboratories (STO:RAY B) Using Debt In A Risky Way?

Mar 30
Is RaySearch Laboratories (STO:RAY B) Using Debt In A Risky Way?

What Kind Of Shareholders Hold The Majority In RaySearch Laboratories AB (publ)'s (STO:RAY B) Shares?

Feb 23
What Kind Of Shareholders Hold The Majority In RaySearch Laboratories AB (publ)'s (STO:RAY B) Shares?

RaySearch Laboratories' (STO:RAY B) Shareholders Are Down 41% On Their Shares

Feb 02
RaySearch Laboratories' (STO:RAY B) Shareholders Are Down 41% On Their Shares

RaySearch Laboratories AB (publ)'s (STO:RAY B) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?

Jan 13
RaySearch Laboratories AB (publ)'s (STO:RAY B) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?

These 4 Measures Indicate That RaySearch Laboratories (STO:RAY B) Is Using Debt Reasonably Well

Dec 26
These 4 Measures Indicate That RaySearch Laboratories (STO:RAY B) Is Using Debt Reasonably Well

CEO Compensation Analysis

How has Johan Lof's remuneration changed compared to RaySearch Laboratories's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

kr82m

Sep 30 2023n/an/a

kr64m

Jun 30 2023n/an/a

kr53m

Mar 31 2023n/an/a

kr22m

Dec 31 2022kr7mkr6m

kr24m

Sep 30 2022n/an/a

-kr6m

Jun 30 2022n/an/a

-kr38m

Mar 31 2022n/an/a

-kr35m

Dec 31 2021kr7mkr6m

-kr47m

Sep 30 2021n/an/a

-kr46m

Jun 30 2021n/an/a

-kr50m

Mar 31 2021n/an/a

-kr42m

Dec 31 2020kr7mkr6m

-kr9m

Sep 30 2020n/an/a

kr24m

Jun 30 2020n/an/a

kr43m

Mar 31 2020n/an/a

kr74m

Dec 31 2019kr8mkr6m

kr50m

Sep 30 2019n/an/a

kr64m

Jun 30 2019n/an/a

kr85m

Mar 31 2019n/an/a

kr84m

Dec 31 2018kr8mkr5m

kr79m

Sep 30 2018n/an/a

kr118m

Jun 30 2018n/an/a

kr104m

Mar 31 2018n/an/a

kr103m

Dec 31 2017kr9mkr5m

kr118m

Compensation vs Market: Johan's total compensation ($USD633.69K) is about average for companies of similar size in the Swedish market ($USD584.33K).

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


CEO

Johan Lof (54 yo)

24.3yrs

Tenure

kr6,899,000

Compensation

Dr. Johan Lof has been the Chief Executive Officer and President of Raysearch Laboratories AB (Publ) since 2000. Dr. Lof serves as the Chief Executive Officer of RaySearch Medical AB. Dr. Lof has been a Di...


Leadership Team

NamePositionTenureCompensationOwnership
Johan Lof
Founder24.3yrskr6.90m16.51%
SEK 646.5m
Annika Henriksson
Interim Chief Financial Officerless than a yearno datano data
Kjell Eriksson
Head of Research & Chief Science Officer8.6yrsno data0.070%
SEK 2.7m
Petra Jansson
General Counsel6.8yrsno datano data
Peter Kemlin
Director of Sales & Marketingno datano data0.0041%
SEK 159.7k
Tove Alteborg
Global Human Resource Managerless than a yearno datano data
Bjorn Hardemark
Deputy Chief Executive Officer8.6yrsno data0.052%
SEK 2.1m
Fredrik Lofman
Head of Machine Learning4.3yrsno data0.0041%
SEK 159.7k
Marc Mlyn
President & CEO of RaySearch Americas2.3yrsno datano data

5.5yrs

Average Tenure

49.5yo

Average Age

Experienced Management: RAY B's management team is seasoned and experienced (5.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Johan Lof
Founder24.3yrskr6.90m16.51%
SEK 646.5m
Hans Wigzell
Independent Chairman of Board19.9yrskr705.00kno data
Carl Bergendal
Independent Director24.3yrskr400.00k3.39%
SEK 132.6m
Radhe Mohan
Member of Scientific Advisory Board21.3yrsno datano data
Anders Forsgren
Member of Scientific Advisory Boardno datano datano data
Anders Brahme
Member of Scientific Advisory Boardno datano data3.79%
SEK 148.5m
David Jaffray
Member of Scientific Advisory Boardno datano datano data
Britta Wallgren
Independent Director5.9yrskr300.00k0.020%
SEK 799.5k
Gunther Marder
Independent Director1.4yrskr193.00k0.20%
SEK 8.0m

20.6yrs

Average Tenure

69yo

Average Age

Experienced Board: RAY B's board of directors are seasoned and experienced ( 20.6 years average tenure).


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