Munters Group AB (publ)

DB:1MS Stock Report

Market Cap: €3.7b

Munters Group Management

Management criteria checks 2/4

Munters Group's CEO is Klas Forsstrom, appointed in Aug 2019, has a tenure of 5.08 years. total yearly compensation is SEK19.68M, comprised of 41.3% salary and 58.7% bonuses, including company stock and options. directly owns 0.087% of the company’s shares, worth €3.21M. The average tenure of the management team and the board of directors is 2.1 years and 2.3 years respectively.

Key information

Klas Forsstrom

Chief executive officer

SEK 19.7m

Total compensation

CEO salary percentage41.3%
CEO tenure5.1yrs
CEO ownership0.09%
Management average tenure2.1yrs
Board average tenure2.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Klas Forsstrom's remuneration changed compared to Munters Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

SEK 862m

Mar 31 2024n/an/a

SEK 788m

Dec 31 2023SEK 20mSEK 8m

SEK 784m

Sep 30 2023n/an/a

SEK 858m

Jun 30 2023n/an/a

SEK 773m

Mar 31 2023n/an/a

SEK 687m

Dec 31 2022SEK 15mSEK 8m

SEK 577m

Sep 30 2022n/an/a

SEK 582m

Jun 30 2022n/an/a

SEK 544m

Mar 31 2022n/an/a

SEK 457m

Dec 31 2021SEK 15mSEK 7m

SEK 513m

Sep 30 2021n/an/a

SEK 549m

Jun 30 2021n/an/a

SEK 574m

Mar 31 2021n/an/a

SEK 529m

Dec 31 2020SEK 17mSEK 7m

SEK 426m

Sep 30 2020n/an/a

SEK 334m

Jun 30 2020n/an/a

SEK 270m

Mar 31 2020n/an/a

SEK 335m

Dec 31 2019SEK 14mSEK 3m

SEK 282m

Compensation vs Market: Klas's total compensation ($USD1.95M) is about average for companies of similar size in the German market ($USD2.68M).

Compensation vs Earnings: Klas's compensation has increased by more than 20% in the past year.

CEO

Klas Forsstrom (57 yo)

5.1yrs

Tenure

SEK 19,680,000

Compensation

Mr. Klas Forsstrom has been the President and Chief Executive Officer at Munters Group AB (publ) since August 12, 2019. Mr. Forsstrom served as the President of AirTech at Munters Group AB (publ) since Apr...

Leadership Team

NamePositionTenureCompensationOwnership
Klas Forsstrom
President & CEO5.1yrsSEK 19.68m0.087%
SEK 3.2m
Katharina Fischer
Group VP & CFO1.7yrsno data0.00082%
SEK 30.3k
Ann-Sofi Jönsson
VP and Head of Investor Relations & Enterprise Risk Managementno datano datano data
Kaspar Kirchmann
Group Vice President of Legal & Counselless than a yearno datano data
Susann Johnsson
Group Vice President of Communications & Brandless than a yearno datano data
Grete Stoltz
Group Vice President of HR & Sustainability2.9yrsno data0.00041%
SEK 15.1k
Stefan Mahl
Group VP and Head of Business Excellence & IT4.7yrsno data0.015%
SEK 536.4k
Pia Linder
Group VP & President of FoodTech4.1yrsno data0.0026%
SEK 94.2k
Stefan Aspman
Group VP & President of Data Center Technologies1.7yrsno data0.0022%
SEK 80.9k
Henrik Teiwik
Group VP & President for AirTech2.1yrsno data0.0043%
SEK 160.0k
Andrew Cook
Senior Vice President of AirTech Americasno datano datano data
Lee Suffolk
Senior Vice President of AirTech-EMEAno datano datano data

2.1yrs

Average Tenure

52.5yo

Average Age

Experienced Management: 1MS's management team is considered experienced (2.1 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Magnus Nicolin
Chairman of the Board2.3yrsSEK 1.41m0.011%
SEK 404.9k
Ingrid Fasth-Gillstedt
Independent Director7.6yrsSEK 717.00k0.0027%
SEK 101.2k
Kristian Sildeby
Director7.3yrsSEK 739.00k0.0066%
SEK 242.7k
Robert Wahlgren
Employee Representative Director14.7yrsno datano data
Simon Henriksson
Employee Representative Director7.7yrsno data0.00019%
SEK 7.0k
Maria Hakansson
Independent Director2.3yrsSEK 545.00k0.0016%
SEK 60.6k
Anders Lindqvist
Independent Director2.3yrsSEK 523.00k0.0016%
SEK 60.6k
Sabine Aissaoui
Independent Director1.3yrsSEK 329.00kno data
Elizabeth Nugent
Independent Directorless than a yearno datano data
Julia Jakobsson
Employee Representative Deputy Directorless than a yearno datano data
Sara Boije
Employee Representative Deputy Directorless than a yearno datano data

2.3yrs

Average Tenure

51yo

Average Age

Experienced Board: 1MS's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.