ASSA ABLOY Management

Management criteria checks 4/4

ASSA ABLOY's CEO is Nico Delvaux, appointed in Mar 2018, has a tenure of 6.17 years. total yearly compensation is SEK57.63M, comprised of 40.3% salary and 59.7% bonuses, including company stock and options. directly owns 0.024% of the company’s shares, worth $7.07M. The average tenure of the management team and the board of directors is 4.3 years and 3.6 years respectively.

Key information

Nico Delvaux

Chief executive officer

kr57.6m

Total compensation

CEO salary percentage	40.3%
CEO tenure	6.2yrs
CEO ownership	0.02%
Management average tenure	4.3yrs
Board average tenure	3.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Nico Delvaux's remuneration changed compared to ASSA ABLOY's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	kr14b
Dec 31 2023	kr58m	kr23m	kr14b
Sep 30 2023	n/a	n/a	kr13b
Jun 30 2023	n/a	n/a	kr14b
Mar 31 2023	n/a	n/a	kr13b
Dec 31 2022	kr52m	kr21m	kr13b
Sep 30 2022	n/a	n/a	kr13b
Jun 30 2022	n/a	n/a	kr11b
Mar 31 2022	n/a	n/a	kr12b
Dec 31 2021	kr50m	kr19m	kr11b
Sep 30 2021	n/a	n/a	kr9b
Jun 30 2021	n/a	n/a	kr11b
Mar 31 2021	n/a	n/a	kr10b
Dec 31 2020	kr35m	kr18m	kr9b
Sep 30 2020	n/a	n/a	kr10b
Jun 30 2020	n/a	n/a	kr8b
Mar 31 2020	n/a	n/a	kr10b
Dec 31 2019	kr43m	kr17m	kr10b
Sep 30 2019	n/a	n/a	kr9b
Jun 30 2019	n/a	n/a	kr9b
Mar 31 2019	n/a	n/a	kr3b
Dec 31 2018	kr29m	kr13m	kr3b

Compensation vs Market: Nico's total compensation ($USD5.29M) is below average for companies of similar size in the US market ($USD13.56M).

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

CEO

Nico Delvaux (57 yo)

6.2yrs

Tenure

kr57,626,000

Compensation

Mr. Nico Delvaux has been President, Chief Executive Officer and Head of Global Technologies Division at ASSA ABLOY AB (publ) since March 15, 2018. Mr. Delvaux served as Chief Executive Officer and Preside...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Nico Delvaux	President	6.2yrs	kr57.63m	0.024% SEK 7.1m
Erik Pieder	Executive VP & CFO	5.3yrs	no data	0.0021% SEK 642.2k
Björn Tibell	Head of Investor Relations	no data	no data	no data
Ann Holmberg	Head of Corporate Communications	21.8yrs	no data	no data
Helle Bay	Executive VP & Chief HR Officer	1.9yrs	no data	0.00015% SEK 45.0k
Lucas Boselli	Executive VP & Head of Americas Division	6.1yrs	no data	0.0075% SEK 2.2m
Neil Vann	Executive VP & Head of EMEA division	5.8yrs	no data	0.0031% SEK 918.3k
Bjorn Lidefelt	Executive VP & Head of Global Technologies Business Unit HID Global	4.3yrs	no data	0.0037% SEK 1.1m
Simon Ellis	EVP and Head of Asia Pacific Business Unit ASSA ABLOY Opening Solutions Pacific & North East Asia	3.3yrs	no data	0.00074% SEK 222.1k
Martin Poxton	EVP and Head of Asia Pacific Business Unit ASSA ABLOY Opening Solutions Greater China & SEA	3.3yrs	no data	0.00046% SEK 138.0k
Massimo Grassi	Executive VP & Head of Entrance Systems Division	2.7yrs	no data	0.00091% SEK 273.1k
Stephanie Ordan	Executive VP & Head of the Global Solutions Business Unit of Global Technologies Division	2.7yrs	no data	0.0011% SEK 333.1k

4.3yrs

Average Tenure

51yo

Average Age

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

Board Members

Name	Position	Tenure	Compensation	Ownership
Lena Olving	Independent Director	6.1yrs	kr1.13m	0.000050% SEK 15.0k
Carl Douglas	Independent Vice Chairman	20.3yrs	kr1.12m	no data
Sofia Hogberg	Independent Director	7.1yrs	kr890.00k	no data
Joakim Weidemanis	Independent Director	4.1yrs	kr890.00k	no data
Susanne Aklundh	Independent Director	3.1yrs	kr1.24m	0.00023% SEK 69.0k
Johan Hjertonsson	Independent Chairman	3.1yrs	kr3.17m	0.00090% SEK 270.1k
Bjarne Johansson	Employee Representative Deputy Director	9.3yrs	no data	no data
Victoria Van Camp	Independent Director	1.1yrs	kr1.13m	0.00061% SEK 183.1k
Erik Ekudden	Independent Director	2.1yrs	kr972.00k	no data
Annika Akerblom	Employee Representative Deputy Director	1.3yrs	no data	no data

3.6yrs

Average Tenure

56yo

Average Age

Experienced Board: ASAZ.F's board of directors are considered experienced (3.6 years average tenure).

ASSA ABLOY Management

Management criteria checks 4/4

Key information

Recent management updates

ASSA ABLOY AB (publ), Annual General Meeting, Apr 24, 2024

ASSA ABLOY Appoints Sharad Kapoor as Director of Sales and Head of Yale (Retail)

ASSA ABLOY AB (publ) Announces Eva Karlsson Declines Re-Election as Board Member

ASSA ABLOY AB (publ) Announces Non-Availability of Lars Renström, Chairman of Board of Directors, for Re-Election At the Next Annual General Meeting

ASSA ABLOY AB (publ) Announces Members of Nomination Committee

ASSA ABLOY AB (publ), Annual General Meeting, Apr 26, 2023

Recent updates

Assa Abloy AB (Publ) Approves Dividend, Payable on May 2, 2024 and November 14, 2024

ASSA ABLOY AB (publ) (OM:ASSA B) acquired MESSERSCHMITT Systems GmbH.

ASSA ABLOY AB (publ) Proposes Dividend to Be Paid Out in Two Equal Installments, Payable on May 02, 2024 and on November 14, 2024

Assa Abloy AB (Publ) Proposes Dividend for 2023

ASSA ABLOY AB (publ) (OM:ASSA B) signed an agreement to acquire Amecor Integrated Solutions (Pty) Ltd

ASSA ABLOY AB (publ) (OM:ASSA B) acquired Integrated Warehouse Solutions West, Inc.

ASSA ABLOY AB (publ) to Report Q3, 2024 Results on Oct 23, 2024

ASSA ABLOY AB (publ) to Report First Half, 2024 Results on Jul 17, 2024

ASSA ABLOY AB (publ) (OM:ASSA B) acquired Ghost Controls, LLC.

ASSA ABLOY AB (publ) (OM:ASSA B) acquired Leone Fence Co. Ltd.

ASSA ABLOY AB (publ) (OM:ASSA B) acquired Leone Fence Co. Ltd.

ASSA ABLOY AB (publ), Annual General Meeting, Apr 24, 2024

ASSA ABLOY AB (publ) (OM:ASSA B) acquired Securitech Group Inc.

ASSA ABLOY AB (publ) (OM:ASSA B) acquired Grupo Forte S.A.C.

ASSA ABLOY AB (publ) (OM:ASSA B) acquired Grupo Forte S.A.C.

ASSA ABLOY AB (publ) (OM:ASSA B) acquired Lawrence Hardware, Inc.

ASSA ABLOY Appoints Sharad Kapoor as Director of Sales and Head of Yale (Retail)

ASSA ABLOY AB (publ) to Report Fiscal Year 2023 Results on Jun 02, 2024

ASSA ABLOY AB (publ) (OM:ASSA B) acquired Sunray Engineering Limited.

ASSA ABLOY AB (publ) (OM:ASSA B) acquired Sunray Engineering Limited.

ASSA ABLOY AB (publ) (OM:ASSA B) completed the acquisition of Hardware and Home Improvement Business of Spectrum Brands Holdings, Inc. (NYSE:SPB).

ASSA ABLOY AB (publ) to Report Fiscal Year 2022 Final Results on Mar 06, 2023

ASSA ABLOY AB (publ) Announces Eva Karlsson Declines Re-Election as Board Member

ASSA ABLOY AB (publ) (OM:ASSA B) acquired Janam Technologies LLC.

ASSA ABLOY AB (publ) Announces Non-Availability of Lars Renström, Chairman of Board of Directors, for Re-Election At the Next Annual General Meeting

ASSA ABLOY AB (publ) (OM:ASSA B) acquired D&D Technologies Pty Ltd.

ASSA ABLOY AB (publ) Announces Members of Nomination Committee

ASSA ABLOY AB (publ), Annual General Meeting, Apr 26, 2023

ASSA ABLOY AB (publ) (OM:ASSA B) acquired Bird Home Automation Gmbh.

ASSA ABLOY AB (publ) (OM:ASSA B) agreed to acquire Control iD.

ASSA ABLOY AB (publ) (OM:ASSA B) agreed to acquire Control iD.

ASSA ABLOY AB (publ) (OM:ASSA B) agreed to acquire Control iD.

ASSA ABLOY AB (publ) (OM:ASSA B) entered into an agreement to acquire VHS Plastik Metal.

ASSA ABLOY AB (publ) to Report Nine Months, 2022 Results on Oct 26, 2022

ASSA ABLOY AB (publ) (OM:ASSA B) acquired JNewton Enterprises, Inc.

ASSA ABLOY AB (publ) (OM:ASSA B) signed an agreement to acquire Alcea.

ASSA ABLOY AB (publ) to Report Q2, 2022 Results on Jul 19, 2022

ASSA ABLOY AB (publ) (OM:ASSA B) acquired Caldwell Manufacturing Company North America, LLC.

ASSA ABLOY AB (publ) Approves Dividend, Payable on 4 May 2022 and 25 November 2022

ASSA ABLOY AB (publ) to Report Fiscal Year 2021 Results on Mar 07, 2022

ASSA ABLOY AB (publ) Proposes Dividend for the Year 2021

ASSA ABLOY AB (publ) (OM:ASSA B) acquired B&B Roadway and Security Solutions, LLC.

ASSA ABLOY AB (publ) (OM:ASSA B) acquired Capital Door Service.

ASSA ABLOY AB (publ) (OM:ASSA B) entered into an agreement to acquire Hardware division from MR GROUP.

ASSA ABLOY AB (publ) (OM:ASSA B) acquired Sure-Loc Hardware, Inc.

ASSA ABLOY AB (publ) Approves Dividend, Payable on 5 May 2021 and 26 November 2021

ASSA ABLOY AB (publ) to Report Fiscal Year 2020 Final Results on Mar 08, 2021

ASSA ABLOY AB (publ) to Report Fiscal Year 2020 Results on Feb 05, 2021

ASSA ABLOY Announces Openings Studio™ Integration for PlanGrid and Procore

ASSA ABLOY AB (publ) Announces Appointment of Nomination Committee

ASSA ABLOY AB (publ) (OM:ASSA B) acquired Olimpia Hardware Inc.

capiton AG signed an agreement to acquire Cedes AG from ASSA ABLOY AB (publ) (OM:ASSA B).

FAAC S.p.A. completed the acquisition of Certain Agta Record and Automatic Pedestrian Door Business from ASSA ABLOY AB (publ) (OM:ASSA B).

ASSA ABLOY AB (publ) (OM:ASSA B) completed the acquisition of additional 53.75% stake in agta record ag (ENXTPA:AGTA).

FAAC S.p.A. entered into an agreement to acquire Certain Agta Record and Automatic Pedestrian Door Business from ASSA ABLOY AB (publ) (OM:ASSA B) for €100 million.

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age