Lars Lofman - Swedish Match Insider

SWMA -- Sweden Stock  

SEK 464.80  2.30  0.49%

  President
Mr. Lars Olof Lofman has served as Senior Vice President RD, Scandinavia Division at Swedish Match AB since 2017. He has previously been Senior Vice President, Product Supply and Innovation, Scandinavia Division at the Company since December 20, 2013. He was previously President of Smokefree Products Division at the Company from March 10, 2011 until September 9, 2013. He joined the Company in 1987 and became Member of the Group Management Team in 2004. He was previously President of Swedish Match Distribution AB until March 10, 2011, Senior Vice President Product Supply and Marketing, Scandinavia Division from September 9, 2013 until December 20, 2013, President of Swedish Match North Europe Division, Vice President of Production and Development at Swedish Match North Europe Division, Vice President of Operations at Swedish Match Snuff Division, and Plant and Production Manager at Swedish Match North Europe Division. He holds a MS degree in Engineering. He is Controller from DIHM.
Age: 61  President Since 2017      
46 86 58 02 00  http://www.swedishmatch.com

Management Efficiency

The company has return on total asset (ROA) of 17.35 % which means that it generated profit of $17.35 on every $100 spent on asset. This is normal as compared to the sector avarege.
The company has accumulated 12.6 B in total debt with debt to equity ratio (D/E) of 7.67 indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Swedish Match AB has Current Ratio of 2.04 suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due.

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Entity Summary

Swedish Match AB develops, manufactures, markets, and sells snus and moist snuff, lights, and other tobacco products in Sweden, the United States, and internationally. The company was founded in 1915 and is headquartered in Stockholm, Sweden. Swedish Match operates under Tobacco classification in Sweden and traded on Stockholm Stock Exchange. It employs 5240 people.Swedish Match AB (SWMA) is traded on Stockholm Stock Exchange in Sweden. It is located in Sveav?gen 44 and employs 5,240 people.

Swedish Match AB Leadership Team

Lars Dahlgren, CEO and Presidentident
Jacqueline Hoogerbrugge, Director
Dragan Popovic, Director, Employee Representative
Eva Larsson, Director, Employee Representative
Joakim Westh, Independent Director
Fredrik Peyron, Senior Vice President of Legal Affairs, General Counsel, Secretary to the Board of Directors
Eva NorlenMoritz, Director, Employee Representative
Andrew Cripps, Independent Deputy Chairman of the Board
Marlene Forsell, CFO and Sr. VP
MarieLouise Heiman, Senior Vice President Legal Affairs and General Counsel, Secretary to the Board
Joakim Tilly, CFO, Senior Vice President of Group Finance and Information Technology
Richard Flaherty, President of United States Division
Emmett Harrison, Sr. VP of Investor Relations and Corporate Sustainability and Member of Disclosure Committee
Wenche Rolfsen, Independent Director
Kenneth Ek, Director, Employee Representative
Hakan Soderberg, President Lights Division
Conny Karlsson, Independent Chairman of the Board
Lars Lofman, President of Smokefree Products Division
Patrik Engelbrektsson, Director, Employee Representative
Charles Blixt, Director
Meg Tiveus, Independent Director
Fredrik Lagercrantz, Senior Vice President Business Control
Pauline Lindwall, Director
Thomas Hayes, CFO

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