Axfood Management
Management criteria checks 2/4
Axfood's CEO is Klas Balkow, appointed in Mar 2017, has a tenure of 7.08 years. directly owns 0.023% of the company’s shares, worth $1.29M. The average tenure of the management team and the board of directors is 6.3 years and 8.1 years respectively.
Key information
Klas Balkow
Chief executive officer
n/a
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | 7.1yrs |
| CEO ownership | 0.02% |
| Management average tenure | 6.3yrs |
| Board average tenure | 8.1yrs |
Recent management updates
Recent updates
CEO
Klas Balkow (58 yo)
7.1yrs
Tenure
Mr. Klas Balkow has been Chief Executive Officer and President at Axfood AB since March 2017. Mr. Balkow served as Advisor of Clas Ohlson AB (publ) until March 16, 2017. Mr. Balkow served as the Chief Exec...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & CEO | 7.1yrs | no data | 0.023% SEK 1.3m | |
| Chief Financial Officer | 7.1yrs | no data | 0.0086% SEK 475.6k | |
| Head of Group Accounting | no data | no data | no data | |
| Head of Investor Relations | 4.3yrs | no data | no data | |
| General Counsel & Company Secretary | 6.3yrs | no data | 0.0054% SEK 302.5k | |
| Head of Corporate Communications | 6.3yrs | no data | 0.0035% SEK 193.1k | |
| Head of Human Resources | 5.2yrs | no data | 0.0042% SEK 232.5k | |
| Head of Sustainability | no data | no data | no data | |
| Managing Director of Willys | no data | no data | 0.0079% SEK 440.7k | |
| Managing Director of Snabbgross | no data | no data | 0.011% SEK 626.6k | |
| Head of Strategy & Business Development | 6.3yrs | no data | 0.0037% SEK 205.9k | |
| Managing Director of Hemköpskedjan | 4.2yrs | no data | 0.0041% SEK 229.2k |
6.3yrs
Average Tenure
52yo
Average Age
Experienced Management: AXFO.F's management team is seasoned and experienced (6.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Director | 8.1yrs | kr868.00k | no data | |
| Independent Director | 4.1yrs | kr705.00k | 0.0019% SEK 102.7k | |
| Independent Director | 3.1yrs | kr593.00k | 0.00019% SEK 10.5k | |
| Non-Independent Director | 10.3yrs | kr555.00k | 0.0061% SEK 340.2k | |
| Employee Representative Director | 8.1yrs | no data | no data | |
| Employee Representative Director | 13.5yrs | no data | no data | |
| Chairman | 1.1yrs | kr383.00k | no data | |
| Independent Director | 8.1yrs | kr543.00k | 0.0093% SEK 516.7k | |
| Employee Representative Director | 8.1yrs | no data | 0.000030% SEK 1.7k | |
| Independent Director | 2.1yrs | kr605.00k | 0.000080% SEK 4.4k |
8.1yrs
Average Tenure
55yo
Average Age
Experienced Board: AXFO.F's board of directors are considered experienced (8.1 years average tenure).