Gränges AB (publ)

OM:GRNG Stock Report

Market Cap: SEK 12.5b

Gränges Management

Management criteria checks 1/4

Gränges' CEO is Jorgen Rosengren, appointed in Oct 2021, has a tenure of 3.08 years. total yearly compensation is SEK15.70M, comprised of 43.9% salary and 56.1% bonuses, including company stock and options. directly owns 0.14% of the company’s shares, worth SEK17.08M. The average tenure of the management team and the board of directors is 4.3 years and 2.2 years respectively.

Key information

Jorgen Rosengren

Chief executive officer

SEK 15.7m

Total compensation

CEO salary percentage43.9%
CEO tenure3.1yrs
CEO ownership0.1%
Management average tenure4.3yrs
Board average tenure2.2yrs

Recent management updates

Recent updates

Analyst Estimates: Here's What Brokers Think Of Gränges AB (publ) (STO:GRNG) After Its Third-Quarter Report

Oct 27
Analyst Estimates: Here's What Brokers Think Of Gränges AB (publ) (STO:GRNG) After Its Third-Quarter Report

Does Gränges (STO:GRNG) Have A Healthy Balance Sheet?

Sep 26
Does Gränges (STO:GRNG) Have A Healthy Balance Sheet?

Returns On Capital At Gränges (STO:GRNG) Paint A Concerning Picture

Aug 23
Returns On Capital At Gränges (STO:GRNG) Paint A Concerning Picture

These 4 Measures Indicate That Gränges (STO:GRNG) Is Using Debt Extensively

May 26
These 4 Measures Indicate That Gränges (STO:GRNG) Is Using Debt Extensively

Gränges (STO:GRNG) Is Paying Out A Larger Dividend Than Last Year

Apr 22
Gränges (STO:GRNG) Is Paying Out A Larger Dividend Than Last Year

Gränges (STO:GRNG) Is Increasing Its Dividend To kr2.25

Apr 07
Gränges (STO:GRNG) Is Increasing Its Dividend To kr2.25

Gränges (STO:GRNG) Has Some Way To Go To Become A Multi-Bagger

Mar 21
Gränges (STO:GRNG) Has Some Way To Go To Become A Multi-Bagger

Is Gränges (STO:GRNG) A Risky Investment?

Feb 19
Is Gränges (STO:GRNG) A Risky Investment?

Gränges' (STO:GRNG) Returns Have Hit A Wall

Nov 09
Gränges' (STO:GRNG) Returns Have Hit A Wall

We Think Gränges (STO:GRNG) Can Stay On Top Of Its Debt

Oct 14
We Think Gränges (STO:GRNG) Can Stay On Top Of Its Debt

CEO Compensation Analysis

How has Jorgen Rosengren's remuneration changed compared to Gränges's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

SEK 943m

Jun 30 2024n/an/a

SEK 991m

Mar 31 2024n/an/a

SEK 993m

Dec 31 2023SEK 16mSEK 7m

SEK 1b

Sep 30 2023n/an/a

SEK 953m

Jun 30 2023n/an/a

SEK 756m

Mar 31 2023n/an/a

SEK 714m

Dec 31 2022SEK 13mSEK 7m

SEK 700m

Sep 30 2022n/an/a

SEK 626m

Jun 30 2022n/an/a

SEK 644m

Mar 31 2022n/an/a

SEK 596m

Dec 31 2021SEK 13mSEK 3m

SEK 595m

Compensation vs Market: Jorgen's total compensation ($USD1.42M) is above average for companies of similar size in the Swedish market ($USD751.52K).

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

CEO

Jorgen Rosengren (57 yo)

3.1yrs

Tenure

SEK 15,700,000

Compensation

Mr. Jorgen Rosengren serves as President & Chief Executive Officer at Gr nges AB (publ) since October 01, 2021 and serves as its Interim President of Gr nges Europe since November 18, 2021 until March 1, 2...

Leadership Team

NamePositionTenureCompensationOwnership
Jorgen Rosengren
President & CEO3.1yrsSEK 15.70m0.14%
SEK 17.1m
Oskar Hellstrom
Deputy CEO & CFO11.8yrsSEK 14.10m0.056%
SEK 7.1m
Tolga Egrilmezer
Executive Vice President of Business Development11.2yrsno datano data
John Thuestad
Executive Vice President of Extrusion Europe Business Areano datano datano data
Colin Xu
President of Asia11.8yrsno datano data
Patrick Lawlor
President of Americas8.3yrsno datano data
Torbjorn Sternsjo
Senior Advisor of CEO4yrsno datano data
Fredrik Spens
President of Europe3.8yrsno data0.0044%
SEK 548.5k
Sofia Hedevag
Senior Vice President of Sustainability4.5yrsno data0.0040%
SEK 500.9k
Piotr Szeliga
Managing Director of Gränges Konin4yrsno datano data
William Shannon
Senior Vice President of Global Battery Foil Program2.2yrsno datano data

4.3yrs

Average Tenure

51yo

Average Age

Experienced Management: GRNG's management team is considered experienced (4.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Fredrik Arp
Independent Chairman of the Board4.5yrsSEK 908.33k0.013%
SEK 1.6m
Cecilia Wennborg
Directorless than a yearno datano data
Stein Hagen
Chairman of Orkla ASAno datano datano data
Mikael Bratt
Directorless than a yearno datano data
Steven Armstrong
Independent Director2.5yrsSEK 390.00kno data
Gunilla Saltin
Independent Director1.4yrsSEK 286.67k0.0023%
SEK 283.0k
Peter Carlsson
Independent Director8.8yrsSEK 390.00k0.0094%
SEK 1.2m
Michael Lönn
Observerno datano datano data
Mats Backman
Independent Director6.5yrsSEK 498.33k0.014%
SEK 1.8m
Martina Buchhauser
Independent Director3.5yrsSEK 421.67kno data
Tobias Johansson
Deputy Employee Representative Director1.8yrsSEK 40.00kno data
Emma Lamprecht
Employee Representative Directorless than a yearSEK 3.33kno data

2.2yrs

Average Tenure

58.5yo

Average Age

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