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 $1.44M. 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% $ 1.4m | |
| Chief Financial Officer | 7.1yrs | no data | 0.0086% $ 532.7k | |
| 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 | 0.0037% $ 230.6k | |
| Head of Corporate Communications | 6.3yrs | no data | 0.0042% $ 258.0k | |
| Head of Human Resources | 5.2yrs | no data | 0.0024% $ 152.3k | |
| Head of Sustainability | no data | no data | no data | |
| Managing Director of Willys | no data | no data | 0.0099% $ 616.6k | |
| Managing Director of Snabbgross | no data | no data | 0.0072% $ 450.0k | |
| Head of Strategy & Business Development | 6.3yrs | no data | 0.0028% $ 172.8k | |
| Managing Director of Hemköpskedjan | 4.2yrs | no data | 0.0041% $ 256.7k |
6.3yrs
Average Tenure
52yo
Average Age
Experienced Management: AXFO.Y's management team is seasoned and experienced (6.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Director | 8.1yrs | SEK 868.00k | no data | |
| Independent Director | 4.1yrs | SEK 705.00k | 0.0019% $ 115.0k | |
| Independent Director | 3.1yrs | SEK 593.00k | no data | |
| Non-Independent Director | 10.3yrs | SEK 555.00k | 0.0061% $ 381.0k | |
| Employee Representative Director | 8.1yrs | no data | no data | |
| Employee Representative Director | 13.5yrs | no data | no data | |
| Chairman | 1.1yrs | SEK 383.00k | no data | |
| Independent Director | 8.1yrs | SEK 543.00k | 0.0093% $ 578.7k | |
| Employee Representative Director | 8.1yrs | no data | 0.000030% $ 1.9k | |
| Independent Director | 2.1yrs | SEK 605.00k | 0.000080% $ 5.0k |
8.1yrs
Average Tenure
55yo
Average Age
Experienced Board: AXFO.Y's board of directors are considered experienced (8.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/04/02 16:51 |
| End of Day Share Price | 2024/01/04 00:00 |
| Earnings | 2023/12/31 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Axfood AB (publ) is covered by 14 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | ABG Sundal Collier |
| Anna Schumacher | BNP Paribas Exane |
| Robert Joyce | BNP Paribas Exane |