AutoStore Holdings Management
Management criteria checks 2/4
AutoStore Holdings' CEO is Mats Hovland Vikse, appointed in Jan 2023, has a tenure of 1.5 years. total yearly compensation is $620.00K, comprised of 93.5% salary and 6.5% bonuses, including company stock and options. directly owns 0.057% of the company’s shares, worth €2.26M. The average tenure of the management team and the board of directors is 2.1 years and 2.8 years respectively.
Key information
Mats Hovland Vikse
Chief executive officer
US$620.0k
Total compensation
| CEO salary percentage | 93.5% |
| CEO tenure | 1.5yrs |
| CEO ownership | 0.06% |
| Management average tenure | 2.1yrs |
| Board average tenure | 2.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | -US$32m |
| Dec 31 2023 | US$620k | US$580k | -US$33m |
| Sep 30 2023 | n/a | n/a | -US$46m |
| Jun 30 2023 | n/a | n/a | -US$88m |
| Mar 31 2023 | n/a | n/a | US$98m |
| Dec 31 2022 | US$270k | US$220k | US$100m |
| Sep 30 2022 | n/a | n/a | US$76m |
| Jun 30 2022 | n/a | n/a | US$27m |
| Mar 31 2022 | n/a | n/a | -US$13m |
| Dec 31 2021 | US$300k | US$240k | -US$50m |
| Sep 30 2021 | n/a | n/a | -US$17m |
| Dec 31 2020 | US$190k | US$160k | -US$21m |
Compensation vs Market: Mats's total compensation ($USD620.00K) is below average for companies of similar size in the German market ($USD2.15M).
Compensation vs Earnings: Mats's compensation has increased whilst the company is unprofitable.
CEO
Mats Hovland Vikse
1.5yrs
Tenure
US$620,000
Compensation
Mr. Mats Hovland Vikse was the Chief Revenue Officer at AutoStore Holdings Ltd. since July 2021 until January 01, 2023 and serves as its Chief Executive Officer since January 01, 2023. Prior to this, he he...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 1.5yrs | US$620.00k | 0.057% $ 2.3m | |
| Chief Financial Officer | less than a year | US$777.65k | no data | |
| Chief Operating Officer | 2.1yrs | US$330.00k | 0.00079% $ 31.3k | |
| Chief People & Information Officer | 3yrs | US$250.00k | 0.040% $ 1.6m | |
| General Counsel | 2.5yrs | US$310.00k | 0.0018% $ 72.9k | |
| Chief Product Officer | 4.1yrs | US$300.00k | 0.079% $ 3.1m | |
| Chief Revenue Officer | 1.5yrs | US$390.00k | no data | |
| Chief Accounting Officer | no data | US$170.00k | no data | |
| Vice President of Investor Relations | no data | no data | no data | |
| Vice President of Communications | no data | no data | no data | |
| Chief Sales Officer | no data | US$230.00k | no data | |
| Vice President of Sustainability | no data | no data | no data |
2.1yrs
Average Tenure
Experienced Management: 1IG's management team is considered experienced (2.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | less than a year | no data | no data | |
| Independent Board Member | 2.8yrs | US$60.00k | 0.0075% $ 296.3k | |
| Independent Co-Chairman | 2.8yrs | no data | no data | |
| Independent Board Member | 2.8yrs | no data | no data | |
| Independent Board Member | 2.8yrs | US$50.00k | no data | |
| Board Member | 1.3yrs | no data | no data | |
| Independent Co-Chair | 1.3yrs | no data | no data | |
| Independent Board Member | 2.8yrs | no data | 0.0060% $ 236.1k |
2.8yrs
Average Tenure
52.5yo
Average Age
Experienced Board: 1IG's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.