Eastnine Management
Management criteria checks 3/4
Eastnine's CEO is Kestutis Sasnauskas, appointed in Jul 2017, has a tenure of 6.75 years. total yearly compensation is €546.00K, comprised of 43.2% salary and 56.8% bonuses, including company stock and options. directly owns 4.5% of the company’s shares, worth €14.14M. The average tenure of the management team and the board of directors is 5.8 years and 3.9 years respectively.
Key information
Kestutis Sasnauskas
Chief executive officer
€546.0k
Total compensation
| CEO salary percentage | 43.2% |
| CEO tenure | 6.8yrs |
| CEO ownership | 4.5% |
| Management average tenure | 5.8yrs |
| Board average tenure | 3.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | -€55m |
| Dec 31 2023 | €546k | €236k | -€72m |
| Sep 30 2023 | n/a | n/a | -€72m |
| Jun 30 2023 | n/a | n/a | €19m |
| Mar 31 2023 | n/a | n/a | €130m |
| Dec 31 2022 | €504k | €247k | €109m |
| Sep 30 2022 | n/a | n/a | €156m |
| Jun 30 2022 | n/a | n/a | €104m |
| Mar 31 2022 | n/a | n/a | €33m |
| Dec 31 2021 | €515k | €246k | €72m |
| Sep 30 2021 | n/a | n/a | €63m |
| Jun 30 2021 | n/a | n/a | €60m |
| Mar 31 2021 | n/a | n/a | €64m |
| Dec 31 2020 | €475k | €238k | €36m |
| Sep 30 2020 | n/a | n/a | €18m |
| Jun 30 2020 | n/a | n/a | €12m |
| Mar 31 2020 | n/a | n/a | €8m |
| Dec 31 2019 | €431k | €225k | €35m |
| Sep 30 2019 | n/a | n/a | €27m |
| Jun 30 2019 | n/a | n/a | €25m |
| Mar 31 2019 | n/a | n/a | €20m |
| Dec 31 2018 | €390k | €233k | €16m |
| Sep 30 2018 | n/a | n/a | €21m |
| Jun 30 2018 | n/a | n/a | €21m |
| Mar 31 2018 | n/a | n/a | €15m |
| Dec 31 2017 | €398k | €260k | €17m |
Compensation vs Market: Kestutis's total compensation ($USD585.40K) is below average for companies of similar size in the German market ($USD1.02M).
Compensation vs Earnings: Kestutis's compensation has increased whilst the company is unprofitable.
CEO
Kestutis Sasnauskas (50 yo)
6.8yrs
Tenure
€546,000
Compensation
Mr. Kestutis Sasnauskas has been Chief Executive Officer of Eastnine AB (publ) since July 3, 2017. Mr. Sasnauskas was a Co-Founder and Partner at East Capital Private Equity AB and has been its Chief Inves...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 6.8yrs | €546.00k | 4.5% € 14.1m | |
| CFO & Deputy CEO | 4.9yrs | €292.00k | 0.12% € 381.1k | |
| Investment Manager | no data | no data | no data | |
| Head of Accounting | 5.3yrs | no data | no data | |
| Group General Counsel | 6.3yrs | no data | no data | |
| Head of Business Development | 5.3yrs | no data | no data | |
| Head of Sustainability | 5.4yrs | no data | no data | |
| Head of Group Controlling | 10.3yrs | no data | no data | |
| Structuring & Treasury Manager | 6.3yrs | no data | no data |
5.8yrs
Average Tenure
45.5yo
Average Age
Experienced Management: O06's management team is seasoned and experienced (5.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Chairman | 9.7yrs | €70.00k | 0.063% € 197.9k | |
| Independent Director | 3.9yrs | €35.00k | 0.076% € 237.9k | |
| Independent Non-Executive Director | less than a year | €23.00k | no data | |
| Independent Director | 6yrs | €35.00k | 0.045% € 141.3k | |
| Independent Director | 3.9yrs | €35.00k | 0.012% € 37.3k |
3.9yrs
Average Tenure
59yo
Average Age
Experienced Board: O06's board of directors are considered experienced (3.9 years average tenure).