Troax Group Management
Management criteria checks 4/4
Troax Group's CEO is Thomas Widstrand, appointed in Jan 2008, has a tenure of 16.25 years. total yearly compensation is €442.70K, comprised of 83.8% salary and 16.2% bonuses, including company stock and options. directly owns 5.81% of the company’s shares, worth €66.36M. The average tenure of the management team and the board of directors is 13.3 years and 6.3 years respectively.
Key information
Thomas Widstrand
Chief executive officer
€442.7k
Total compensation
| CEO salary percentage | 83.8% |
| CEO tenure | 16.3yrs |
| CEO ownership | 5.8% |
| Management average tenure | 13.3yrs |
| Board average tenure | 6.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | €34m |
| Dec 31 2023 | €443k | €371k | €36m |
| Sep 30 2023 | n/a | n/a | €34m |
| Jun 30 2023 | n/a | n/a | €35m |
| Mar 31 2023 | n/a | n/a | €36m |
| Dec 31 2022 | €654k | €367k | €37m |
| Sep 30 2022 | n/a | n/a | €38m |
| Jun 30 2022 | n/a | n/a | €40m |
| Mar 31 2022 | n/a | n/a | €41m |
| Dec 31 2021 | €777k | €360k | €40m |
| Sep 30 2021 | n/a | n/a | €38m |
| Jun 30 2021 | n/a | n/a | €34m |
| Mar 31 2021 | n/a | n/a | €27m |
| Dec 31 2020 | €454k | €320k | €23m |
| Sep 30 2020 | n/a | n/a | €23m |
| Jun 30 2020 | n/a | n/a | €23m |
| Mar 31 2020 | n/a | n/a | €25m |
| Dec 31 2019 | €387k | €276k | €24m |
| Sep 30 2019 | n/a | n/a | €26m |
| Jun 30 2019 | n/a | n/a | €25m |
| Mar 31 2019 | n/a | n/a | €24m |
| Dec 31 2018 | €479k | €281k | €24m |
| Sep 30 2018 | n/a | n/a | €21m |
| Jun 30 2018 | n/a | n/a | €20m |
| Mar 31 2018 | n/a | n/a | €18m |
| Dec 31 2017 | €433k | €257k | €17m |
Compensation vs Market: Thomas's total compensation ($USD474.64K) is below average for companies of similar size in the German market ($USD1.62M).
Compensation vs Earnings: Thomas's compensation has been consistent with company performance over the past year.
CEO
Thomas Widstrand (66 yo)
16.3yrs
Tenure
€442,700
Compensation
Mr. Thomas Widstrand has been the Chief Executive Officer and President of Troax Group AB since 2008. He serves as Director at Arla Plast AB since May 10, 2023. Mr. Widstrand serves as an Independent Direc...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 16.3yrs | €442.70k | 5.81% € 66.4m | |
| Chief Financial Officer | 7yrs | no data | 0.0059% € 66.8k | |
| MD & Regional Manager for Central Europe | 16.3yrs | no data | 0.044% € 498.2k | |
| MD & Regional Director for Southern Europe and the North America | 16.3yrs | no data | 0.067% € 763.0k | |
| MD & Regional Manager for Nordic Region | 10.3yrs | no data | 0.015% € 171.6k | |
| MD and Regional Director for UK & Ireland | 3.3yrs | no data | no data |
13.3yrs
Average Tenure
52yo
Average Age
Experienced Management: 5TOA's management team is seasoned and experienced (13.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 10.3yrs | €442.70k | 5.81% € 66.4m | |
| Independent Director | 8.3yrs | €27.60k | 0.0025% € 28.7k | |
| Independent Director | 9.3yrs | €35.00k | 0.015% € 171.7k | |
| Independent Director | 6.3yrs | €32.80k | 0.0075% € 85.8k | |
| Chairman of the Board | 3.8yrs | €67.50k | 0.0083% € 95.3k | |
| Independent Director | 6.3yrs | €25.30k | 0.017% € 190.8k | |
| Director | no data | no data | no data | |
| Independent Employee Representative Director | 3.3yrs | no data | 0.0076% € 87.2k |
6.3yrs
Average Tenure
62yo
Average Age
Experienced Board: 5TOA's board of directors are considered experienced (6.3 years average tenure).