Cloetta AB (publ) (0N7X.IL)

16.82 +0.47 (+2.84%) At close: 05:48PM BST

Cloetta AB (publ)

LandsvAegen 50A
Box 2052
Sundbyberg 174 02
Sweden
46 8 52 72 88 00
https://www.cloetta.com

Sector(s): Consumer Defensive
Industry: Confectioners
Full-time employees: 2,600

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Henri de Sauvage-Nolting	Pres & CEO	12.13M	N/A	1962
Mr. Frans Rydén	Chief Financial Officer	N/A	N/A	1972
Mr. Marcel Mensink	Pres of Operations	N/A	N/A	1971
Mr. Per Svensson	Chief Information Officer	N/A	N/A	N/A
Ms. Nathalie Redmo	Head of Investor Relations & Communications	N/A	N/A	N/A
Mr. Thomas Biesterfeldt	Chief Marketing Officer	N/A	N/A	1980
Ms. Regina Ekström	Sr. VP of HR	N/A	N/A	1963
Mr. Ewald Frénay	Pres of Cloetta Middle Region	N/A	N/A	1963
Mr. Ville Perho	Pres of Cloetta Finland	N/A	N/A	1979
Ms. Katarina Tell	Pres of Cloetta Sweden	N/A	N/A	1970

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

Cloetta AB (publ) operates as a confectionary company. It manufactures and markets chocolate confectionery products, including pralines, chocolate wafers, dragees, plates, and countlines under the Kexchoklad, Polly, Plopp, Tupla, Royal, Sportlunch, Bridge, Lonka, Sinas, Snippers brands. The company provides confectionery products comprising foams, wine gums, liquorice, toffees, hard boiled candies, and lollypops under the Malaco, Red Band, Ahlgrens bilar, Venco, Chewits, and Juleskum brands. In addition, it offers pastilles under the Läkerol, Mynthon, and King brands, as well as chewing gums under the Jenkki, Sportlife, and Xylifresh brands. Further, the company produces and sells dry roasted nuts under the Nutisal brand. It sells its products through a network of grocery retail trade, service trade, e-commerce, and other sales channels. The company operates in Sweden, Finland, the Netherlands, Denmark, Norway, Germany, and the United Kingdom. Cloetta AB (publ) was founded in 1862 and is headquartered in Sundbyberg, Sweden.

Corporate governance

Cloetta AB (publ)’s ISS governance QualityScore as of 1 October 2023 is 2. The pillar scores are Audit: 5; Board: 3; Shareholder rights: 8; Compensation: 4.

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.