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Husqvarna AB (publ) (HSQVY)


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20.25+0.51 (+2.57%)
As of 9:30AM EDT. Market open.

Husqvarna AB (publ)

Regeringsgatan 28
Stockholm
Sweden
46 8 738 90 00
http://www.husqvarnagroup.com

Sector
Industry
Full Time Employees13,000

Key Executives

NameTitlePayExercisedAge
Mr. Kai WärnChief Exec. Officer, Pres and DirectorN/AN/A58
Mr. Jan Ytterberg BSc.CFO and Sr. VP of Fin., IT & IRN/AN/A56
Mr. Valentin DahlhausSr. VP of Group OperationsN/AN/A44
Mr. Anders JohansonChief Technology Officer and Sr. VP of Technology OfficeN/AN/A48
Tobias NorrbyInvestor Relations Mang.N/AN/AN/A
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Husqvarna AB (publ) produces and sells outdoor power and garden watering products worldwide. The company operates in four segments: Husqvarna, Gardena, Consumer Brands, and Construction. It offers wheeled products, such as front riders, garden tractors, zero-turn mowers, lawn mowers, tillers, and snow throwers; robotic lawn mowers; and accessories and spare parts. The company also provides handheld products comprising petrol-powered and electric chainsaws, leaf blowers, brush cutters, trimmers, clearing saws, and hedge trimmers; watering management products consisting of garden hoses, connectors, reels, sprayers, sprinklers and sprinkler systems, water pumps, and watering controls; corded and battery-powered products, such as robotic mowers, trimmers, hedge cutters, and shrub shears; and garden tools, including secateurs, loppers, axes, digging tools, and winter tools. In addition, it offers construction products that include power cutters, demolition robots, wall and wire saws, floor and tile saws, floor grinding machines, and related diamond tools for cutting, drilling, grinding, polishing, and demolishing concrete, steel, and other hard materials. The company sells its products and solutions to forestry, tree care, landscaping, commercial lawn, and garden services sectors, as well as home- and landowners under the Husqvarna, Gardena, McCulloch, Poulan Pro, Weed Eater, Flymo, Zenoah, and Diamant Boart brands through dealers and retailers. Husqvarna AB (publ) has a strategic partnership agreement with BMZ GmbH to develop and manufacture lithium-ion batteries for forestry, lawn, and garden products. The company was founded in 1689 and is headquartered in Stockholm, Sweden.

Corporate Governance

Husqvarna AB (publ)’s ISS Governance QualityScore as of May 1, 2017 is 9. The pillar scores are Audit: 1; Board: 8; Shareholder Rights: 10; Compensation: 7.

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 a 10 indicates higher governance risk.