IAR Systems Group Management
Management criteria checks 2/4
IAR Systems Group's CEO is Richard Lind, appointed in Oct 2021, has a tenure of 2.42 years. total yearly compensation is SEK3.50M, comprised of 77.1% salary and 22.9% bonuses, including company stock and options. directly owns 0.17% of the company’s shares, worth $290.50K. The average tenure of the management team and the board of directors is 2.4 years and 2.9 years respectively.
Key information
Richard Lind
Chief executive officer
kr3.5m
Total compensation
CEO salary percentage | 77.1% |
CEO tenure | 2.4yrs |
CEO ownership | 0.2% |
Management average tenure | 2.4yrs |
Board average tenure | 2.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Dec 31 2023 | n/a | n/a | -kr229m |
Sep 30 2023 | n/a | n/a | kr41m |
Jun 30 2023 | n/a | n/a | kr44m |
Mar 31 2023 | n/a | n/a | kr52m |
Dec 31 2022 | kr4m | kr3m | kr58m |
Sep 30 2022 | n/a | n/a | -kr62m |
Jun 30 2022 | n/a | n/a | -kr63m |
Mar 31 2022 | n/a | n/a | -kr68m |
Dec 31 2021 | kr973k | kr800k | -kr67m |
Sep 30 2021 | n/a | n/a | kr50m |
Jun 30 2021 | n/a | n/a | kr53m |
Mar 31 2021 | n/a | n/a | kr61m |
Dec 31 2020 | kr180k | n/a | kr59m |
Sep 30 2020 | n/a | n/a | kr67m |
Jun 30 2020 | n/a | n/a | kr70m |
Mar 31 2020 | n/a | n/a | kr69m |
Dec 31 2019 | kr90k | n/a | kr81m |
Compensation vs Market: Richard's total compensation ($USD331.20K) is below average for companies of similar size in the US market ($USD1.47M).
Compensation vs Earnings: Richard's compensation has increased whilst the company is unprofitable.
CEO
Richard Lind (59 yo)
2.4yrs
Tenure
kr3,500,000
Compensation
Mr. Richard Lind serves as Chief Executive Officer of IAR Systems Group AB (publ) since December 9, 2021 and served as its Director since 2019 until April 26, 2022 and served as its Acting Chief Executive...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Chief Executive Officer | 2.4yrs | kr3.50m | 0.17% SEK 290.5k | |
Chief Financial Officer | 2.6yrs | no data | 0.0079% SEK 13.7k | |
Chief Technology Officer | no data | no data | no data | |
Head of Corporate Communications | no data | no data | no data | |
Chief Corporate Development Officer | 5.8yrs | no data | no data | |
Chief Marketing & Communications Officer | 2.2yrs | no data | no data | |
Chief Human Resources Officer | less than a year | no data | no data | |
Director of Product Management | no data | no data | no data | |
Global Customer Success Lead | no data | no data | no data | |
VP Engineering & IAR Embedded Security | no data | no data | 0.034% SEK 58.1k | |
Area Vice President of Americas | no data | no data | no data | |
VP of Engineering & IAR Embedded Development Solutions | no data | no data | no data |
2.4yrs
Average Tenure
54.5yo
Average Age
Experienced Management: IARG.F's management team is considered experienced (2.4 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Independent Chairman of the Board | 2.9yrs | kr500.00k | 2.41% SEK 4.2m | |
Independent Director | 1.9yrs | kr100.00k | 0.0096% SEK 16.5k | |
Independent Director | 5.2yrs | kr200.00k | 0.052% SEK 89.2k | |
Independent Director | 2.9yrs | kr200.00k | 0.018% SEK 31.8k | |
Independent Director | 5.2yrs | kr200.00k | 0.26% SEK 450.9k |
2.9yrs
Average Tenure
53yo
Average Age
Experienced Board: IARG.F's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.