Edition:
India

Axfood AB (AXFO.ST)

AXFO.ST on Stockholm Stock Exchange

209.50SEK
17 Oct 2019
Change (% chg)

-- (--)
Prev Close
209.50kr
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
270,328
52-wk High
213.40kr
52-wk Low
144.15kr

Summary

Name Age Since Current Position

Mia Brunell Livfors

54 2016 Chairman of the Board

Klas Balkow

54 2017 President, Chief Executive Officer

Lars Olofsson

68 2014 Vice Chairman of the Board

Anders Lexmon

51 2017 Chief Financial Officer

Thomas Evertsson

55 2008 President, Willys AB

Thomas Gareskog

58 2012 President, Hemkop AB

Eva Pettersson

53 2017 President, Axfood Snabbgross AB

Nicholas Pettersson

43 2015 President, Dagab Inkop & Logisitk AB

Jan Lindmark

60 2007 Head of Information Technology (IT)

Carl Stenbeck

40 2018 Head of Strategy and Business Development

Monica Langbo

56 2019 Head of Human Resources

Sara Kraft Westrell

45 2018 Head of Corporate Communications

Stina Andersson

36 2019 Director

Anders Helsing

53 2016 Director, Employee Representative

Caroline Morner Berg

51 2014 Director

Lars Ostberg

51 2016 Director, Employee Representative

Michael Sjoren

59 2010 Director, Employee Representative

Christer Aberg

53 2017 Independent Director

Fabian Bengtsson

47 2016 Independent Director

Jesper Lien

50 2018 Independent Director

Cecilia Ketels

2016 Head of Investor Relations

Biographies

Name Description

Mia Brunell Livfors

Ms. Mia Brunell Livfors has been Chairman of the Board at Axfood Aktiebolag since March 16, 2016. She is Chairman of the Compensation Committee of the Company. She studied Economics at Stockholm University. She has been President and CEO of Axel Johnson AB since 2015. She was formerly President and CEO of Investment AB Kinnevik and has many years of experience from board work in listed Swedish companies. She is Chairman of Axel Johnson International AB, Dustin Group AB, Kicks Kosmetikkedjan AB and Ahlens AB, Director of Martin & Servera AB, Svensk Handel, Stena AB and Efva Attling Stockholm AB.

Klas Balkow

Mr. Klas Balkow has been appointed President and Chief Executive Officer at Axfood Aktiebolag, effective as of March 16, 2017. He is co-opted Member of the Compensation Committee. Klas Balkow has previously been President and CEO of Clas Ohlson since 2007. He is also former CEO of Aximage (previously a business area in Axel Johnson). He also held executive positions with Bredbandsbolaget and Procter & Gamble, both in the Nordic countries and the USA. He is Vice Chairman of Swedish Trade Federation and Director of Confederation of Swedish Enterprise, as well as Chairman of Swedish Food Retailers Federation.

Lars Olofsson

Mr. Lars Goran Olofsson has been Vice Chairman of the Board of Directors of Axfood Aktiebolag since March 12, 2014. He has been Member of the Board since March 13, 2013. He is Member of the Compensation Committee at the Company. He is Member of the Board of Axel Johnson AB and Vice Chairman of Smart Eye AB and TCC Global N.V. He holds a Bachelor of Science degree in Business and Economics from Lunds Universitet and has studied at IMD in Switzerland. He was active in the food retail sector from 1976 to 2008, including service with Nestle, where he held executive positions in various Nestle group companies for more than 30 years, serving as Executive Vice President from 2001 to 2008. Most recently, from 2009 until mid-2012, he served as Chief Executive Officer and Chairman of Carrefour S.A.

Anders Lexmon

Mr. Anders Lexmon has been appointed Chief Financial Officer at Axfood Aktiebolag, effective as of August 1, 2017. He has previously been Acting Chief Financial Officer at the Company since March 16, 2017. Anders Lexmon has Master of Science in Agricultural Economics and Management from Swedish University of Agricultural Sciences (SLU). He has been employed by Axfood AB since 2002. He has previously served in roles as Head of Financial Control, Head of Group Accounting for the Company. He was also Head of Group Accounting for SJ and Auditor at KPMG.

Thomas Evertsson

Mr. Thomas Evertsson has been President, Willys AB within Axfood Aktiebolag since September 1, 2008. He has been employed by the Company since 2008. Prior to that, he acted as Hypermarket Manager, Head of Chain Operations at Coop Supermarkets, President of Coop Sverige AB and Vice President of Coop Norden AB. He is Chairman of Eurocash Food AB and Director of Jula AB. He holds a Master of Science degree in Economics from the School of Economics, Business and Law at Goteborgs Universitet (Gothenburg University).

Thomas Gareskog

Mr. Thomas Gareskog has been President, Hemkop AB within Axfood Aktiebolag since December 4, 2012. He is to leave the position soon. He has been employed at the Company since 2010 and has been member of the executive committee since 2012. He has experience from the food retail sector, where he has been working in the food retail sector since 1983. He was Regional Director and Sales Manager at the company. He has knowledge of the business and has served, among other things, as a store manager for various stores in Uppsala. He has also held several senior positions with ICA. He was Store Manager at ICA and held several positions of trust at the company. He also served as Regional Manager and Sales Manager, Hemkop. He graduated from high school and completed business management training and leadership training.

Eva Pettersson

Ms. Eva Pettersson has been President, Axfood Snabbgross AB since December 31, 2017. She previously served as President, Axfood Narlivs AB within Axfood Aktiebolag until December 31, 2017. She is Member of Axfood’s Executive Committee since 2014. She joined Axfood in 2004 and has experience in wholesaling in the food retail industry. In recent years she has served as Head of Business Development at Dagab with responsibility for implementation of Axfood’s new business system for supply chain, among other things. She was also System Manager at Axfood IT, Consultant at Accenture AB in Food Retail. She holds a Master of Science degree in Economics from Linkopings universitet and compledted studies at University of East Anglia. She also completed management training at Novare.

Nicholas Pettersson

Mr. Nicholas Pettersson has been President, Dagab Inkop & Logisitk AB within Axfood Aktiebolag since 2015. Previously, he was Chief Executive Officer of Axfood Sverige AB within the Company from May 5, 2014 until 2015. He was Divisional Director Axfood Narlivs within the Company until May 5, 2014. He has been employed by the Company since 2004 and has been member of the executive committee since 2009. He is also Chairman of Urban Deli Holding AB and Hall Miba AB. Previously, he acted as Market Manager of Axfood Narlivs, Business Area Head of Axfood Snabbgross, Supply Chain Manager at AB Svenska Shell and Business Analyst at Shell Detaljist AB. He holds Master of Science degree in Economics from Vaxjo Universitet (Vaxjo University).

Jan Lindmark

Mr. Jan Lindmark has been Head of Information Technology (IT) at Axfood Aktiebolag since 2007. He has been employed at the Company since 2001. He acted as IT Director at Fritidsresor, IT Manager at Posten Brev and Consultant at Enator. He holds a Master of Science degree in Economics from Stockholms Universitet (Stockholm University).

Carl Stenbeck

Mr. Carl Stenbeck has been appointed Head of Strategy and Business Development at Axfood Aktiebolag, effective as of no later than July 3, 2018. He joined Axfood from H&M, where he was Global Head of Digital Development of the H&M brand. Carl Stenbeck has been with H&M for seven years, during which time he has worked with store and digital development, including development of e-commerce in new countries. Prior to this he worked as a management consultant at Boston Consulting Group and Accenture. He was also Program Manager, Papyrus. He has M.Sc. from Chalmers University of Technology and M.Sc. from the School of Business, Economics and Law at the University of Gothenburg.

Monica Langbo

Ms. Monica Langbo has been Head of Human Resources at Axfood Aktiebolag since February 1, 2019. She has Executive MBA; secondary teaching certificate, Stockholm University; board, leadership and strategic HR courses. She has experience as Head of HR Sweden and Denmark, HR Director & Head of Information/PR/Communication, Head of Leadership Development & Executive Recruitment, Manpower Group; executive management consultant, own firm.

Sara Kraft Westrell

Ms. Sara Kraft Westrell has been Head of Corporate Communications at Axfood Aktiebolag since 2018. She holds M. Sc. Business Administration, Lund University and National University of Singapore. She has experience as Director of Information, Clas Ohlson AB and Hexagon AB; Marketing and Communications Director, JB Education; Communications Adviser, Kreab and Brunswick.

Stina Andersson

Ms. Stina Andersson has been Director at Axfood Aktiebolag since January 1, 2019. She has previously been Independent Director of the Company since March 14, 2018. She is also Director in Fram Skandinavien AB and Chief Operating Officer of Axel Johnson AB. She has previously been Executive Vice President Strategy and Business Development, and Head of Tele2 IoT. She is former Investment Director and Head of Strategy at Investment AB Kinnevik; many years of experience of e-commerce companies; former management consultant for McKinsey. She holds M.Sc. Business and Economics, Stockholm School of Economics; CEMS Master’s in International Management from HEC Paris and the Stockholm School of Economics.

Anders Helsing

Mr. Anders Helsing has been Director, Employee Representative of Axfood Aktiebolag since 2016. He is also Employee Representative on the board of directors of Axfood Johnson AB and Axfood IT AB. He has been with the Company since 1998.

Caroline Morner Berg

Ms. Caroline Morner Berg has been Member of the Board of Directors of Axfood Aktiebolag since March 12, 2014. She is Member of the Compensation Committee. She holds Bachelor of Arts degree in Media/Communications and Psychology from Middlebury College in the United States (1987-1991). She was Vice President, Human Resources and Communications at Axel Johnson Aktiebolag and a member of the management team (2006-2014). She has been active in Axel Johnson Group since 2005. She is Chairman of the Board of Axel Johnson AB, Martin & Servera AB and the Erik and Goran Ennerfelt Foundation for International Studies for Young Swedes, Vice Chairman of Nordstjernan AB and Member of the Boards of The Axel and Margaret Ax:son Johnson Foundation, Axfast AB, Dustin Group AB and the Stockholm School of Economics Advisory Board.

Lars Ostberg

Mr. Lars Ostberg has been Director, Employee Representative at Axfood Aktiebolag since 2016. He served as Employee Representative on the Board of Directors of the Company from June 2009 until 2011. He is employee representative on the board of Willys AB. He has been employed by Willys since 2002.

Michael Sjoren

Mr. Michael Sjoren has been Employee Representative on the Board of Directors of Axfood Aktiebolag since 2010. He is also employee representative on the board of directors of Axfood Snabbgross and Dagab Inkop & Logistik AB. He has been employed by the Axfood Group since 1995.

Christer Aberg

Mr. Christer B. Aberg has been Independent Director of Axfood Aktiebolag since March 15, 2017. He studied Marketing Economics at IHM Business School. He is Acting CEO of Plantasjen AS. He has served as President and CEO of Food Folks AS/McDonlad’s Norden; President and CEO of Hilding Anders International AB (2015-2016), and prior to that of Orkla Confectionery & Snacks Sverige AB (2013-2016), Arla Foods AB (2009 -2013), and Atria Scandinavia AB (2006-2009). He has also held various positions for Unilever. Christer Aberg has a long record of experience and expertise in trade and supply chain activities as well as product knowledge in the food retail trade. He is currently Chairman of Apoex AB and Director of Plantasjen AS.

Fabian Bengtsson

Mr. Fabian Bengtsson has been Independent Member of the Board of Directors of Axfood Aktiebolag since March 16, 2016. He is also CEO of Remvassen AB. He has experience in both physical retailing and digital trade from the SIBA group, where he served as President during the years 2001–2014, and from NetOnNet AB, where he served as Chairman during the years 2012–2015. Prior to this, Fabian Bengtsson held numerous executive positions in the SIBA group and was a Board Member and Chairman of CE-Konsumentelektronikbranschen AB. Fabian Bengtsson is Director on the boards of NetOnNet Group Aktiebolag, Svensk Fastoghetsformedling AB, Tipser AB and Irootfor AB, as well as Chairman of Waldir AB and Foretagarnas Riksstyrelse AB He holds Bachelor of Science degree in Business and Economics from Lund University.

Jesper Lien

Mr. Jesper Lien has been Independent Director at Axfood Aktiebolag since March 14, 2018. He is Operating partner of Aurelius Investment Group. At present he is CEO of Danish Silvan A/S. He is former CEO of Coop Danmark, other leading positions in the Coop Group, many years of experience from the retail trade, digital trade and food retail trade, including as CCO of the do-it-yourself chain B&Q. He is Engineer, Technical University of Denmark; Business Administration (financial management), Copenhagen Business School.

Cecilia Ketels