Investors / Corporate governance / Management and Remuneration / Management and remuneration

Management and remuneration

Besides the President and CEO, the Group Management consists of four business area executives and executives responsible for the main Group functions; Corporate Communication and Governmental Affairs, Organizational Development and Human Resources, Controlling and Finance and Legal. The President and CEO is responsible for the ongoing management of the Group following the Board’s guidelines and instructions.


Ronnie Leten, President and CEO. 2015 Ronnie Leten
President and CEO
Nico Delvaux, President Compressor Technique business area. 2015 Nico Delvaux
Senior Executive Vice President and Business Area President Compressor Technique
Mats Rahmström, President Industrial Technique. 2015. Mats Rahmström
Senior Executive Vice President and Business Area President Industrial Technique
Johan Halling, President Mining and Construction Technique business area. 015 Johan Halling
Senior Executive Vice President and Business Area President Mining and Rock Excavation Technique
Andrew Walker, President Construction Technique business area.2015. Andrew Walker
Senior Executive Vice President and Business Area President Construction Technique
Annika Berglund, Senior Vice President Corporate Communication and Governmental Affairs. 2015 Annika Berglund
Senior Vice President Corporate Communications and Governmental Affairs
Jeanette Livijn, Senior Vice President Human Resources and Organisational development, 2015. Jeanette Livijn
Senior Vice President Organizational Development and Human Resources
Hans Ola Meyer - Senior Vice President Controlling and Finance Hans Ola Meyer
Senior Vice President Controlling and Finance
Håkan Osvald, Senior Vice President Legal Counsel. 2015 Håkan Osvald
Senior Vice President General Counsel

Remuneration to Group Management

The Remuneration Policy is reviewed and presented to the AGM by the Board of Directors for approval every year. In 2013, the AGM decided to adopt the Board’s proposal. The remuneration covers an annual base salary, variable compensation, possible long-term incentive (personnel options), pension premium and other benefits. The variable compensation is limited to a maximum percentage of the base salary. No fees are paid for Board memberships in Group companies or for other duties performed.