C-Rad Management

Management criteria checks 1/4

C-Rad's CEO is Cecilia De Leeuw, appointed in Dec 2022, has a tenure of 1.5 years. total yearly compensation is SEK2.98M, comprised of 70.4% salary and 29.6% bonuses, including company stock and options. directly owns 0.03% of the company’s shares, worth €37.79K. The average tenure of the management team and the board of directors is 1.5 years and 1.1 years respectively.

Key information

Cecilia De Leeuw

Chief executive officer

kr3.0m

Total compensation

CEO salary percentage	70.4%
CEO tenure	1.5yrs
CEO ownership	0.03%
Management average tenure	1.5yrs
Board average tenure	1.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Cecilia De Leeuw's remuneration changed compared to C-Rad's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	kr48m
Dec 31 2023	kr3m	kr2m	kr36m
Sep 30 2023	n/a	n/a	kr24m
Jun 30 2023	n/a	n/a	kr20m
Mar 31 2023	n/a	n/a	kr12m
Dec 31 2022	kr839k	kr175k	kr7m

Compensation vs Market: Cecilia's total compensation ($USD285.67K) is below average for companies of similar size in the German market ($USD408.13K).

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

CEO

Cecilia De Leeuw (56 yo)

1.5yrs

Tenure

kr2,981,000

Compensation

Ms. Cecilia de Leeuw was Director of Kambi Group plc since May 16, 2019 until May 22, 2024. She is an Independent Director of Net Insight AB (publ) since May 2022. She is Chief Executive Officer of C-Rad A...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Cecilia De Leeuw	CEO & President	1.5yrs	kr2.98m	0.030% SEK 37.8k
Jonas Reinhammar	Interim CFO	less than a year	no data	no data
Hakan Axelsson	Chief Operating Officer	4.8yrs	no data	no data
Greta Cattani	Global Marketing Director	less than a year	no data	no data
Anna Aman	Human Resource Manager	less than a year	no data	no data
Xiaodong Wang	President of C-RAD China	6.4yrs	no data	0.12% SEK 151.2k
Ivan Astralaga	President of C-RAD Americas	3.1yrs	no data	no data
Basak Karakus	Executive for Global Digital Marketing	no data	no data	no data

1.5yrs

Average Tenure

50.5yo

Average Age

Experienced Management: 24C's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Kristina Willgard	Independent Chair of the Board	1.1yrs	kr280.00k	0.030% SEK 37.8k
Mats Thoren	Independent Director	less than a year	no data	no data
Jenny Rosberg	Independent Director	3.4yrs	kr255.00k	0.033% SEK 41.6k
Susanne Ekblom	Independent Director	1.1yrs	kr160.00k	no data
Peter Simonsbacka	Independent Director	1.1yrs	kr147.00k	no data
David Sjostrom	Independent Director	7.1yrs	kr220.00k	no data

1.1yrs

Average Tenure

58yo

Average Age

Experienced Board: 24C's board of directors are not considered experienced ( 1.1 years average tenure), which suggests a new board.

C-Rad Management

Management criteria checks 1/4

Key information

Recent management updates

C-Rad AB (publ) Appoints Mats Thorén as Board Member

Less than half of directors are independent

C-Rad AB (Publ) Appoints Christoffer Herou as CFO

C-Rad AB (Publ) Announces CEO Changes

C-Rad AB (publ) Announces CFO Changes

Henrik Bergentoft Resigns as CFO of C-RAD

Recent updates

Investor sentiment improves as stock rises 17%

Full year 2023 earnings released: EPS: kr1.05 (vs kr0.22 in FY 2022)

C-Rad AB (publ) Appoints Mats Thorén as Board Member

New minor risk - Share price stability

C-Rad AB (publ) to Report Fiscal Year 2023 Results on Apr 23, 2024

Full year 2023 earnings released: EPS: kr1.36 (vs kr0.22 in FY 2022)

Investor sentiment improves as stock rises 17%

C-Rad AB (publ) to Report Q3, 2024 Results on Oct 23, 2024

Third quarter 2023 earnings released

Investor sentiment improves as stock rises 23%

New major risk - Share price stability

Investor sentiment improves as stock rises 15%

C-Rad AB (Publ) Announces Former Employee Appeals Verdict from the Patent and Market Court of Appeal

New major risk - Earnings quality

C-Rad AB (publ) to Demonstrate Enhancements in Surface Guided Solutions for Advanced Radiotherapy Treatments at AAPM

Second quarter 2023 earnings released

New minor risk - Share price stability

Less than half of directors are independent

Full year 2022 earnings released: EPS: kr0.22 (vs kr0.74 in FY 2021)

Full year 2022 earnings released: EPS: kr0.22 (vs kr0.74 in FY 2021)

C-Rad AB (publ) to Report Fiscal Year 2022 Final Results on Apr 06, 2023

C-Rad AB (Publ) Appoints Christoffer Herou as CFO

C-Rad AB (Publ) Announces CEO Changes

C-Rad AB (publ) Announces CFO Changes

Third quarter 2022 earnings released

C-Rad AB (publ) to Report Fiscal Year 2023 Results on Feb 02, 2024

C-RAD Launches New Updated eDucation Portal as an Online Platform

Second quarter 2022 earnings released

Henrik Bergentoft Resigns as CFO of C-RAD

C-Rad Announces CEO Changes

First quarter 2022 earnings released

Insufficient new directors

Insufficient new directors

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

C-Rad AB (publ) to Report Q3, 2022 Results on Oct 28, 2022

C-Rad Achieves Another Milestone Ensuring the Availability of SGRT, the Standard of Care for Radiotherapy

Third quarter 2021 earnings released

Chief Operating Officer recently sold €61k worth of stock

Second quarter 2021 earnings released

C-Rad AB (publ) Announces The Patent and Market Court Rejected Former Employee Claim for Compensation

The Patent and Market Court of Appeal Issues Judgement Confirming C-Rad's Entitlement to Beamocular's Invention

Full year 2020 earnings released: EPS kr0.43 (vs kr0.45 loss in FY 2019)

C-RAD and Alliance Radiation Oncology Announce That Alliance Has Become the First Center in the Greater Northshore Area to Integrate C-Rad

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age