RaySearch Laboratories Management
Management criteria checks 2/4
RaySearch Laboratories' CEO is Johan Lof, appointed in Jan 2000, has a tenure of 24.83 years. total yearly compensation is SEK9.76M, comprised of 66.2% salary and 33.8% bonuses, including company stock and options. directly owns 16.08% of the company’s shares, worth SEK842.15M. The average tenure of the management team and the board of directors is 6.1 years and 21.2 years respectively.
Key information
Johan Lof
Chief executive officer
SEK 9.8m
Total compensation
| CEO salary percentage | 66.2% |
| CEO tenure | 24.8yrs |
| CEO ownership | 16.1% |
| Management average tenure | 6.1yrs |
| Board average tenure | 21.2yrs |
Recent management updates
Recent updates
RaySearch Laboratories AB (publ) (STO:RAY B) Stocks Shoot Up 28% But Its P/E Still Looks Reasonable
May 21
The Returns At RaySearch Laboratories (STO:RAY B) Aren't Growing
May 11RaySearch Laboratories (STO:RAY B) Will Want To Turn Around Its Return Trends
Oct 04Does RaySearch Laboratories (STO:RAY B) Have A Healthy Balance Sheet?
Jul 10Is RaySearch Laboratories (STO:RAY B) Using Too Much Debt?
Nov 17One Forecaster Is Now More Bearish On RaySearch Laboratories AB (publ) (STO:RAY B) Than They Used To Be
Mar 15Is RaySearch Laboratories (STO:RAY B) A Risky Investment?
Feb 22Is RaySearch Laboratories (STO:RAY B) Using Debt In A Risky Way?
Nov 04Is RaySearch Laboratories (STO:RAY B) Using Debt In A Risky Way?
Mar 30CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | SEK 151m |
| Mar 31 2024 | n/a | n/a | SEK 101m |
| Dec 31 2023 | SEK 10m | SEK 6m | SEK 82m |
| Sep 30 2023 | n/a | n/a | SEK 64m |
| Jun 30 2023 | n/a | n/a | SEK 53m |
| Mar 31 2023 | n/a | n/a | SEK 22m |
| Dec 31 2022 | SEK 7m | SEK 6m | SEK 24m |
| Sep 30 2022 | n/a | n/a | -SEK 6m |
| Jun 30 2022 | n/a | n/a | -SEK 38m |
| Mar 31 2022 | n/a | n/a | -SEK 35m |
| Dec 31 2021 | SEK 7m | SEK 6m | -SEK 47m |
| Sep 30 2021 | n/a | n/a | -SEK 46m |
| Jun 30 2021 | n/a | n/a | -SEK 50m |
| Mar 31 2021 | n/a | n/a | -SEK 42m |
| Dec 31 2020 | SEK 7m | SEK 6m | -SEK 9m |
| Sep 30 2020 | n/a | n/a | SEK 24m |
| Jun 30 2020 | n/a | n/a | SEK 43m |
| Mar 31 2020 | n/a | n/a | SEK 74m |
| Dec 31 2019 | SEK 8m | SEK 6m | SEK 50m |
| Sep 30 2019 | n/a | n/a | SEK 64m |
| Jun 30 2019 | n/a | n/a | SEK 85m |
| Mar 31 2019 | n/a | n/a | SEK 84m |
| Dec 31 2018 | SEK 8m | SEK 5m | SEK 79m |
| Sep 30 2018 | n/a | n/a | SEK 118m |
| Jun 30 2018 | n/a | n/a | SEK 104m |
| Mar 31 2018 | n/a | n/a | SEK 103m |
| Dec 31 2017 | SEK 9m | SEK 5m | SEK 118m |
Compensation vs Market: Johan's total compensation ($USD907.82K) is above average for companies of similar size in the Swedish market ($USD559.51K).
Compensation vs Earnings: Johan's compensation has increased by more than 20% in the past year.
CEO
Johan Lof (55 yo)
24.8yrs
Tenure
SEK 9,758,000
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 24.8yrs | SEK 9.76m | 16.08% SEK 842.2m | |
| Deputy Chief Executive Officer | 9.2yrs | SEK 3.54m | 0.018% SEK 916.7k | |
| Acting Chief Financial Officer | 1.3yrs | no data | no data | |
| Head of Research & Chief Science Officer | 9.2yrs | no data | 0.047% SEK 2.4m | |
| General Counsel | 7.3yrs | no data | no data | |
| Director of Sales & Marketing | no data | no data | 0.0041% SEK 213.7k | |
| Global Human Resource Manager | 1.3yrs | no data | no data | |
| Head of Machine Learning | 4.8yrs | no data | 0.0041% SEK 213.7k | |
| President & CEO of RaySearch Americas | 2.8yrs | no data | no data |
6.1yrs
Average Tenure
50.5yo
Average Age
Experienced Management: RAY B's management team is seasoned and experienced (6.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 24.8yrs | SEK 9.76m | 16.08% SEK 842.2m | |
| Independent Chairman of Board | 20.5yrs | SEK 840.00k | no data | |
| Independent Director | 24.8yrs | SEK 225.00k | 3.39% SEK 177.5m | |
| Member of Scientific Advisory Board | 21.8yrs | no data | no data | |
| Member of Scientific Advisory Board | no data | no data | no data | |
| Member of Scientific Advisory Board | no data | no data | 3.79% SEK 198.7m | |
| Member of Scientific Advisory Board | no data | no data | no data | |
| Independent Director | 6.5yrs | SEK 300.00k | 0.020% SEK 1.1m | |
| Independent Director | 2yrs | SEK 300.00k | 0.20% SEK 10.7m |
21.2yrs
Average Tenure
70yo
Average Age
Experienced Board: RAY B's board of directors are seasoned and experienced ( 21.2 years average tenure).