Scandic Hotels Group AB (publ)

DB:10H Stock Report

Market Cap: €1.3b

Scandic Hotels Group Management

Management criteria checks 2/4

Scandic Hotels Group's CEO is Jens Mathiesen, appointed in Jan 2019, has a tenure of 5.83 years. total yearly compensation is SEK26.23M, comprised of 33.2% salary and 66.8% bonuses, including company stock and options. directly owns 0.12% of the company’s shares, worth €1.51M. The average tenure of the management team and the board of directors is 3.3 years and 4.4 years respectively.

Key information

Jens Mathiesen

Chief executive officer

SEK 26.2m

Total compensation

CEO salary percentage33.2%
CEO tenure5.8yrs
CEO ownership0.1%
Management average tenure3.3yrs
Board average tenure4.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jens Mathiesen's remuneration changed compared to Scandic Hotels Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

SEK 541m

Jun 30 2024n/an/a

SEK 554m

Mar 31 2024n/an/a

SEK 513m

Dec 31 2023SEK 26mSEK 9m

SEK 532m

Sep 30 2023n/an/a

SEK 493m

Jun 30 2023n/an/a

SEK 565m

Mar 31 2023n/an/a

SEK 723m

Dec 31 2022SEK 18mSEK 8m

SEK 394m

Sep 30 2022n/an/a

SEK 382m

Jun 30 2022n/an/a

-SEK 69m

Mar 31 2022n/an/a

-SEK 1b

Dec 31 2021SEK 10mSEK 7m

-SEK 2b

Sep 30 2021n/an/a

-SEK 2b

Jun 30 2021n/an/a

-SEK 3b

Mar 31 2021n/an/a

-SEK 3b

Dec 31 2020SEK 11mSEK 7m

-SEK 6b

Sep 30 2020n/an/a

-SEK 5b

Jun 30 2020n/an/a

-SEK 5b

Mar 31 2020n/an/a

-SEK 3b

Dec 31 2019SEK 11mSEK 5m

SEK 722m

Compensation vs Market: Jens's total compensation ($USD2.37M) is above average for companies of similar size in the German market ($USD1.63M).

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

CEO

Jens Mathiesen (55 yo)

5.8yrs

Tenure

SEK 26,234,794

Compensation

Mr. Jens Mathiesen is President and Chief Executive Officer of Scandic Hotels Group AB (publ) since January 17, 2019 and served as its interim CFO since January 17, 2024 until March 1, 2024. Mr. Mathiesen...

Leadership Team

NamePositionTenureCompensationOwnership
Jens Mathiesen
President & CEO5.8yrsSEK 26.23m0.12%
€ 1.5m
Par Christiansen
Chief Financial Officerless than a yearno data0.013%
€ 167.6k
Rasmus Blomqvist
Director of Investor Relationsno datano datano data
Oscar Brehmer
Communication Managerno datano datano data
Marcus Hammarstrom
Head of Marketing3.3yrsno datano data
Fredrik Wetterlundh
Chief Human Resources Officer3.3yrsno data0.0064%
€ 80.9k
Peter Jangbratt
Head of Swedenno datano data0.022%
€ 273.8k
Michel Schutzbach
Head of Europeno datano data0.019%
€ 240.5k
Soren Faerber
Head of Denmark5.8yrsno data0.0096%
€ 121.8k
Asle Prestegard
Head of Norway4.8yrsno data0.0062%
€ 77.9k
Thérèse Cedercreutz
Chief Commercial Officer1.8yrsSEK 385.00kno data
Tess Mattisson
Head of E-commerce & Customer Digital Development3.3yrsno datano data

3.3yrs

Average Tenure

55.5yo

Average Age

Experienced Management: 10H's management team is considered experienced (3.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Kristina Patek
Director4.4yrsSEK 433.00k0.0053%
€ 66.6k
Fredrik Wirdenius
Independent Director9.3yrsSEK 428.00k0.0027%
€ 33.6k
Frank Veenstra
Independent Directorless than a yearno datano data
Michael Levie
Independent Directorless than a yearno datano data
Per Braathen
Independent Chairman of the Board17.8yrsSEK 1.03m0.65%
€ 8.3m
Gunilla Rudebjer
Independent Director2.5yrsSEK 530.00k0.0037%
€ 46.5k
Marianne Sundelius
Employee Representative Director7.8yrsSEK 40.00kno data

4.4yrs

Average Tenure

63yo

Average Age

Experienced Board: 10H's board of directors are considered experienced (4.4 years average tenure).