Husqvarna AB (publ) (0GTR.IL)

85.11 +2.07 (+2.49%) At close: 06:45PM BST

Husqvarna AB (publ)

Regeringsgatan 28
Stockholm 111 53
Sweden
46 87 38 90 00
https://www.husqvarnagroup.com

Sector(s): Industrials
Industry: Tools & Accessories
Full-time employees: 13,959

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Pavel Hajman	Chief Exec. Officer	277k	N/A	1965
Mr. Terry Burke	CFO and Exec. VP of Fin., IR & Communication	N/A	N/A	1972
Mr. Brian S. Belanger	Exec. VP of Legal Affairs & Gen. Counsel and Board Sec.	N/A	N/A	1969
Ms. Leigh Dagberg	Exec. VP of People & Organization	N/A	N/A	1970
Mr. Pär Åström	Exec. VP & Pres of Gardena Division	N/A	N/A	1972
Mr. Glen Anthony Instone	Exec. VP and Pres of Forest & Garden Division	N/A	N/A	1977
Ms. Karin Falk	Exec. VP & Pres of Construction Division	N/A	N/A	1965
Mr. Erik Winberg	Exec. VP of Strategy & Innovation	N/A	N/A	1967
Mr. Henrik Sjöström	Head of External Communications	N/A	N/A	1974
Mr. Robert Hafredal	Group CIO & Exec. VP of Global Information Services	N/A	N/A	1978

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in SEK.

Description

Husqvarna AB (publ) produces and sells outdoor power products, watering products, and lawn care power equipment. It operates through three divisions: Husqvarna Forest & Garden, Gardena, and Husqvarna Construction. The Husqvarna Forest & Garden division offers handheld products, such as chainsaws, brush cutters, trimmers, and leaf blowers; wheeled products, such as front riders and zero-turn mowers; robotic lawn mowers; and accessories and spare parts. The Gardena division provides residential and smart watering; robotic mowers; garden hand tools; electric powered gardening tools; and smart garden systems. The Husqvarna Construction division offers power cutters, light compaction and concrete placement equipment, floor grinding machines, dust and slurry solutions, diamond tools for construction and stone industries, surface preparation equipment, floor saws, and demolition robots. The company sells its products and solutions to forestry, tree care, landscaping, commercial lawn, and garden services sectors, as well as home and garden owners, and light construction and stone industries primarily under the Husqvarna, Gardena, Orbit, Flymo, RedMax, Zenoah, and McCulloch brands through dealers and retailers. It operates in Germany, France, Sweden, Austria, rest of Europe, the Asia/Pacific, Canada, the United States, Latin America, and internationally. Husqvarna AB (publ) was founded in 1689 and is headquartered in Stockholm, Sweden.

Corporate governance

Husqvarna AB (publ)’s ISS governance QualityScore as of 1 October 2023 is 3. The pillar scores are Audit: 4; Board: 4; Shareholder rights: 9; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.