Matas Management

Management criteria checks 2/4

Matas' CEO is Gregers Wedell-Wedellsborg, appointed in Nov 2017, has a tenure of 6.42 years. total yearly compensation is DKK12.00M, comprised of 44.2% salary and 55.8% bonuses, including company stock and options. directly owns 0.45% of the company’s shares, worth €2.56M. The average tenure of the management team and the board of directors is 1.8 years and 5.3 years respectively.

Key information

Gregers Wedell-Wedellsborg

Chief executive officer

kr.12.0m

Total compensation

CEO salary percentage	44.2%
CEO tenure	6.4yrs
CEO ownership	0.4%
Management average tenure	1.8yrs
Board average tenure	5.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Gregers Wedell-Wedellsborg's remuneration changed compared to Matas's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	kr.231m
Sep 30 2023	n/a	n/a	kr.216m
Jun 30 2023	n/a	n/a	kr.261m
Mar 31 2023	kr.12m	kr.5m	kr.281m
Dec 31 2022	n/a	n/a	kr.302m
Sep 30 2022	n/a	n/a	kr.302m
Jun 30 2022	n/a	n/a	kr.292m
Mar 31 2022	kr.13m	kr.5m	kr.277m
Dec 31 2021	n/a	n/a	kr.254m
Sep 30 2021	n/a	n/a	kr.261m
Jun 30 2021	n/a	n/a	kr.276m
Mar 31 2021	kr.11m	kr.5m	kr.269m
Dec 31 2020	n/a	n/a	kr.254m
Sep 30 2020	n/a	n/a	kr.217m
Jun 30 2020	n/a	n/a	kr.192m
Mar 31 2020	kr.11m	kr.5m	kr.191m
Dec 31 2019	n/a	n/a	kr.223m
Sep 30 2019	n/a	n/a	kr.228m
Jun 30 2019	n/a	n/a	kr.238m
Mar 31 2019	kr.9m	kr.5m	kr.263m
Dec 31 2018	n/a	n/a	kr.262m
Sep 30 2018	n/a	n/a	kr.273m
Jun 30 2018	n/a	n/a	kr.277m
Mar 31 2018	kr.7m	kr.2m	kr.280m

Compensation vs Market: Gregers's total compensation ($USD1.72M) is above average for companies of similar size in the German market ($USD1.30M).

Compensation vs Earnings: Gregers's compensation has been consistent with company performance over the past year.

CEO

Gregers Wedell-Wedellsborg (51 yo)

6.4yrs

Tenure

kr.12,000,000

Compensation

Mr. Gregers Christian Wedell-Wedellsborg is Deputy Chairman of the Board of Tivoli A/S since April 27, 2023. He was Deputy Chairman of Supervisory Board of Tivoli A/S from April 28, 2022. He has been the C...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Gregers Wedell-Wedellsborg	Chief Executive Officer	6.4yrs	kr.12.00m	0.45% DKK 2.6m
Per Madsen	Chief Financial Officer	1.7yrs	kr.4.75m	0.080% DKK 457.7k
John Backman	Head of IR & Treasury	1.3yrs	no data	no data
Klaus Fridorf	Head of Communication	no data	no data	no data
Anne Hamann	Director of Marketing	no data	no data	no data
Henrik Michaelsen	Director of Human Resources	no data	no data	no data
Anders Skole-Sorensen	Advisor	1.8yrs	kr.5.90m	no data
Thomas Grane	CIO & Head of IT	no data	no data	no data
Lisa Ryevad	Commercial Director	no data	no data	no data
Brian Andersen	Ecommerce Director	no data	no data	no data
Brian Poulsen	Logistics Director	no data	no data	no data

1.8yrs

Average Tenure

58yo

Average Age

Experienced Management: 1MTA's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Lars Frederiksen	Independent Chairman of the Board	10.8yrs	kr.900.00k	0.076% DKK 438.9k
Birgitte Nielsen	Independent Director	10.8yrs	kr.500.00k	0.0091% DKK 52.1k
Mette Maix	Independent Deputy Chairman of the Board	6.8yrs	kr.500.00k	0.0045% DKK 25.7k
Marie-Louise Aamund	Independent Deputy Chairman	less than a year	no data	no data
Henrik Lorensen	Independent Director	3.8yrs	kr.400.00k	0.0053% DKK 30.3k
Kenneth Melchior	Independent Director	2.8yrs	kr.400.00k	0.00094% DKK 5.4k

5.3yrs

Average Tenure

54yo

Average Age

Experienced Board: 1MTA's board of directors are considered experienced (5.3 years average tenure).

Matas Management

Management criteria checks 2/4

Key information

Recent management updates

Chief Executive Officer recently sold €758k worth of stock

Matas A/S Announces Lars Jensen Has Notifies the Board of Directors That He Will Not Stand for Re-Election as Director

Matas A/S Announces Board Changes

Matas A/S Announces Non Re-Election of Lars Frederiksen as Board of Directors

Matas A/S Announces Executive Changes

Recent updates

Third quarter 2024 earnings released: EPS: kr.4.29 (vs kr.3.88 in 3Q 2023)

Investor sentiment improves as stock rises 16%

Matas A/S Provides Revised Earnings Guidance for the Year 2024

Second quarter 2024 earnings released: EPS: kr.0.04 (vs kr.1.23 in 2Q 2023)

Matas A/S Maintains Earnings Guidance for the Financial Year 2024

Chief Executive Officer recently sold €758k worth of stock

Matas A/S (CPSE:MATAS) completed the acquisition of Kicks AB from Axel Johnson AB.

Matas A/S Upgrades Earnings Guidance for the Financial Year 2023/24

First quarter 2024 earnings released: EPS: kr.1.29 (vs kr.1.83 in 1Q 2023)

Investor sentiment improves as stock rises 20%

Matas A/S Approves Dividend, Payable on July 4, 2023

Upcoming dividend of kr.2.00 per share at 2.4% yield

Matas A/S Announces Lars Jensen Has Notifies the Board of Directors That He Will Not Stand for Re-Election as Director

Full year 2023 earnings released: EPS: kr.7.41 (vs kr.7.27 in FY 2022)

Matas A/S Provides Earnings Guidance for the Year 2023/2024

Matas A/S to Report Fiscal Year 2024 Results on May 28, 2024

Now 23% undervalued

Third quarter 2023 earnings released: EPS: kr.3.88 (vs kr.3.87 in 3Q 2022)

Matas A/S Revises Revenue Guidance for the Financial Year 2022/23

Second quarter 2023 earnings released: EPS: kr.1.23 (vs kr.0.95 in 2Q 2022)

Second quarter 2023 earnings released: EPS: kr.1.23 (vs kr.0.95 in 2Q 2022)

Matas A/S Reaffirms Earnings Guidance for the Financial Year 2022/23

First quarter 2023 earnings released: EPS: kr.1.83 (vs kr.1.41 in 1Q 2022)

Matas A/S to Report Q2, 2023 Results on Nov 10, 2022

Matas A/S Announces Board Changes

Upcoming dividend of kr.2.00 per share

Matas A/S Announces Non Re-Election of Lars Frederiksen as Board of Directors

Matas A/S to Report Fiscal Year 2023 Results on May 31, 2023

Full year 2022 earnings released: EPS: kr.7.27 (vs kr.7.03 in FY 2021)

Matas A/S Recommends Dividend

Matas A/S Announces Executive Changes

Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

Matas A/S Maintains Revenue Guidance for the Fiscal Year 2021/22

Matas A/S Upgrades Revenue Guidance for the Fiscal 2022

Second quarter 2022 earnings released: EPS kr.0.95 (vs kr.1.35 in 2Q 2021)

Second quarter 2022 earnings released: EPS kr.0.95 (vs kr.1.35 in 2Q 2021)

First quarter 2022 earnings released: EPS kr.1.41 (vs kr.1.22 in 1Q 2021)

Matas A/S Revises Earnings Guidance for the Year 2021/2022

Independent Director Signe Hilstrøm has left the company

Upcoming dividend of kr.2.00 per share

Full year 2021 earnings released: EPS kr.7.04 (vs kr.5.01 in FY 2020)

Matas A/S Provides Revenue Guidance for the Fiscal 2022

Third quarter 2021 earnings released: EPS kr.4.04 (vs kr.3.08 in 3Q 2020)

Revenue beats expectations

New 90-day high: €11.72

New 90-day high: €11.30

New 90-day high: €11.26

Revenue beats expectations

Second quarter 2021 earnings released: EPS kr.1.35

New 90-day high: €10.28

Earnings released

New 90-day high - €9.52

New 90-day high - €8.82

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age