AAK AB (publ.) (AAK.ST)

267.60 +17.60 (+7.04%) At close: 05:29PM CEST

AAK AB (publ.)

Pulpetgatan 20
Malmö 215 37
Sweden
46 4 06 27 83 00
https://www.aak.com

Sector(s): Consumer Defensive
Industry: Packaged Foods
Full-time employees: 4,100

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Johan Westman	President & CEO	27.61M	N/A	1973
Mr. Tomas Bergendahl	VP & CFO	N/A	N/A	1974
Mr. David Smith	President of Global Operations & VP	N/A	N/A	1960
Carl Ahlgren	Head of IR, Corporate Communications & Brand	N/A	N/A	N/A
Mr. Octavio Diaz de Leon	President of AAK Americas & VP	N/A	N/A	1967
Mr. Tim Stephenson	President of Global Sourcing, Trading & Sustainability and VP	N/A	N/A	1961
Mr. Sten Estrup	President of AAK AMEA & Global People and VP	N/A	N/A	1968
Ms. Susanne Jaspers	President of AAK Europe & Strategic Accounts and VP	N/A	N/A	1973
Mr. Mikael Ekdahl	Secretary of the Board	900k	N/A	1951
Mr. Niall Sands	President of Commercial Development, Innovation & Plant-based Foods and VP	N/A	N/A	1979

Amounts are as of 31 December 2023, 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

AAK AB (publ.) develops and sells plant-based oils and fats in Sweden and internationally. The company operates through Food Ingredients, Chocolate & Confectionery Fats, and Technical Products & Feed. It offers food ingredients for bakery, dairy, nutrition, plant-based, and foodservice industries; chocolate and confectionery fats that serves the manufacturers of chocolate, spreads, and fillings products, as well as in the personal care industry; and plant based emollients distinct from synthetic, animal, or fossil based raw materials used in face, body, and sun care products. The company also provides natural emulsifiers; fatty acids and glycerin for various technical industries; candle waxes; and feed products. AAK AB (publ.) was founded in 1871 and is headquartered in Malmö, Sweden.

Corporate governance

AAK AB (publ.)’s ISS governance QualityScore as of 1 April 2024 is 2. The pillar scores are Audit: 6; Board: 3; Shareholder rights: 1; Compensation: 5.

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.