Concentric Management
Management criteria checks 3/4
Concentric's CEO is Martin Kunz, appointed in Mar 2022, has a tenure of 2.58 years. total yearly compensation is SEK9.26M, comprised of 77.2% salary and 22.8% bonuses, including company stock and options. directly owns 0.035% of the company’s shares, worth €259.29K. The average tenure of the management team and the board of directors is 2.6 years and 4.5 years respectively.
Key information
Martin Kunz
Chief executive officer
SEK 9.3m
Total compensation
| CEO salary percentage | 77.18% |
| CEO tenure | 2.6yrs |
| CEO ownership | 0.03% |
| Management average tenure | 2.6yrs |
| Board average tenure | 4.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | SEK 285m |
| Mar 31 2024 | n/a | n/a | SEK 396m |
| Dec 31 2023 | SEK 9m | SEK 7m | SEK 417m |
| Sep 30 2023 | n/a | n/a | SEK 441m |
| Jun 30 2023 | n/a | n/a | SEK 478m |
| Mar 31 2023 | n/a | n/a | SEK 492m |
| Dec 31 2022 | SEK 7m | SEK 5m | SEK 501m |
Compensation vs Market: Martin's total compensation ($USD873.32K) is below average for companies of similar size in the German market ($USD1.44M).
Compensation vs Earnings: Martin's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Martin Kunz (59 yo)
Mr. Martin Kunz is President & Chief Executive Officer of Concentric AB (publ) from March 01, 2022. He has been an Independent Director at LiqTech International, Inc. since June 26, 2023. He has worked out...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & CEO | 2.6yrs | SEK 9.26m | 0.035% € 259.3k | |
| Chief Financial Officer | 6.8yrs | no data | 0.00030% € 2.2k | |
| VP of Operational Excellence | no data | no data | no data | |
| Vice President of HR & Sustainability | 1.8yrs | no data | no data | |
| Interim Senior VP and Head of Europe & Rest of the World | 3.1yrs | no data | no data | |
| Senior VP & COO of EMP | 3yrs | no data | 0% € 0 | |
| Senior Vice President of Hydraulics Division | 2.2yrs | no data | no data | |
| Senior Vice President Engines & Thermal Solutions | 2yrs | no data | no data |
Experienced Management: 2DN's management team is considered experienced (2.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 14.8yrs | SEK 550.00k | 0% € 0 | |
| Independent Director | 3.5yrs | SEK 375.00k | 0.0027% € 19.9k | |
| Independent Director | 14.8yrs | SEK 375.00k | 0.0011% € 8.0k | |
| Independent Director | 5.5yrs | SEK 450.00k | 0% € 0 | |
| Director | less than a year | no data | no data | |
| Independent Chairman of the Board | 7.8yrs | SEK 1.03m | 0% € 0 | |
| Independent Director | 3.5yrs | SEK 375.00k | 0.00054% € 4.0k | |
| Director | less than a year | no data | no data |
Experienced Board: 2DN's board of directors are considered experienced (4.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/10/28 23:02 |
| End of Day Share Price | 2024/10/28 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Concentric AB (publ) is covered by 0 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.