Musti Group Oyj Management

Management criteria checks 1/4

Musti Group Oyj's CEO is David Ronnberg, appointed in Jan 2017, has a tenure of 7.42 years. directly owns 0.004% of the company’s shares, worth €35.78K. The average tenure of the management team and the board of directors is 5.9 years and 1.3 years respectively.

Key information

David Ronnberg

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	7.4yrs
CEO ownership	0.004%
Management average tenure	5.9yrs
Board average tenure	1.3yrs

Recent management updates

Recent updates

CEO

David Ronnberg (47 yo)

7.4yrs

Tenure

Mr. David Ronnberg serves as Chief Executive Officer at Musti Group Oyj since 2017. Mr. Ronnberg served as Independent Director of Public Joint Stock Company Detsky Mir since 2021 until July 2022. Mr. Ronn...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
David Ronnberg	Chief Executive Officer	7.4yrs	no data	0.0042% € 35.8k
Toni Rannikko	Chief Financial Officer	2.8yrs	no data	no data
Pamela Nelimarkka	Chief Operating Officer	1.8yrs	no data	no data
Nanna Martin-Lof	Head of Human Resources	6.4yrs	no data	0% € 0
Sami Tanner	Head of Strategy	6.4yrs	no data	no data
Ellinor Nilsson	Chief Commercial Officer	6.4yrs	no data	0% € 0
Malin Nygren	Chief Customer Officer	5.4yrs	no data	0% € 0
Erik Skjærstad	Head of Norway & New Markets	no data	no data	0.0090% € 77.1k
Daniel Pettersson	Head of Sweden and Finland	2.2yrs	no data	0.0045% € 38.6k
Annamaija Hujala	Head of Pureplay & Member of the Group Management Team	no data	no data	no data

5.9yrs

Average Tenure

47yo

Average Age

Experienced Management: 49U's management team is seasoned and experienced (5.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Maria Claudia de Azevedo	Chair of the Board	less than a year	no data	no data
Inka Mero	Independent Director	2.4yrs	€40.00k	0% € 0
Jeffrey David	Independent Vice-Chair of the Board	8.4yrs	€70.00k	0.65% € 5.6m
Joao Pedro da Silva Torres Dolores	Director	less than a year	no data	no data
Joao Nonell Amaral	Director	less than a year	no data	no data
Johan Dettel	Independent Director	2.4yrs	€42.50k	0.042% € 362.3k

1.3yrs

Average Tenure

51yo

Average Age

Experienced Board: 49U's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.

Musti Group Oyj Management

Management criteria checks 1/4

Key information

Recent management updates

Musti Group plc Announces CFO Changes

High number of new directors

Musti Group plc Announces Board Appointments

Chief Commercial Officer recently sold €485k worth of stock

Musti Group Oyj Announces Executive Appointments

Head of Sweden and Finland recently sold €247k worth of stock

Recent updates

Musti Group plc Announces CFO Changes

Second quarter 2024 earnings released: €0.15 loss per share (vs €0.14 profit in 2Q 2023)

High number of new directors

Musti Group Oyj to Report Fiscal Year 2024 Final Results on Mar 14, 2025

Musti Group Oyj Announces Withdraw of Earnings Guidance for the Year 2024

Musti Group plc Announces Board Appointments

Sonae, SGPS, S.A. (ENXTLS:SON), Jeffrey David, Johan Dettel and David Rönnberg completed the acquisition of 80.58% stake in Musti Group Oyj (HLSE : MUSTI).

Sonae, SGPS, S.A. (ENXTLS:SON), Jeffrey David, Johan Dettel and David Rönnberg completed the acquisition of a remaining 95.8% stake in Musti Group Oyj.

Sonae, SGPS, S.A. (ENXTLS:SON), Jeffrey David, Johan Dettel and David Rönnberg completed the acquisition of a remaining 95.8% stake in Musti Group Oyj.

Chief Commercial Officer recently sold €485k worth of stock

Dividend of €0.30 announced

First quarter 2024 earnings released: EPS: €0.17 (vs €0.21 in 1Q 2023)

Musti Group Oyj Announces Executive Appointments

Upcoming dividend of €0.30 per share at 2.3% yield

Head of Sweden and Finland recently sold €247k worth of stock

Full year 2023 earnings released: EPS: €0.79 (vs €0.67 in FY 2022)

Sonae, SGPS, S.A. (ENXTLS:SON), Jeffrey David, Johan Dettel and David Rönnberg entered into an agreement for tender offer to acquire remaining 95.8% stake in Musti Group Oyj (HLSE : MUSTI) for approximately €870 million.

New major risk - Share price stability

Investor sentiment improves as stock rises 27%

Full year 2023 earnings released: EPS: €0.79 (vs €0.67 in FY 2022)

Upcoming dividend of €0.25 per share at 2.7% yield

Musti Group Oyj to Report Q1, 2024 Results on Feb 01, 2024

Third quarter 2023 earnings released: EPS: €0.22 (vs €0.13 in 3Q 2022)

Musti Group plc Provides Earnings Guidance for the Financial Year 2024

Second quarter 2023 earnings released: EPS: €0.14 (vs €0.11 in 2Q 2022)

Investor sentiment improves as stock rises 18%

First quarter 2023 earnings released: EPS: €0.21 (vs €0.20 in 1Q 2022)

Musti Group Oyj Approves Board Appointments

Upcoming dividend of €0.25 per share at 3.2% yield

Chief Executive Officer recently bought €178k worth of stock

Full year 2022 earnings released: EPS: €0.67 (vs €0.63 in FY 2021)

Chief Executive Officer recently bought €90k worth of stock

Now 29% undervalued after recent price drop

Full year 2022 earnings released: EPS: €0.67 (vs €0.63 in FY 2021)

Musti Group plc Expects to Pay Dividend

Now 20% undervalued

Investor sentiment improved over the past week

Musti Group Oyj, Annual General Meeting, Jan 30, 2023

Third quarter 2022 earnings released: EPS: €0.13 (vs €0.12 in 3Q 2021)

Musti Group plc Announces Dividend Policy

Upcoming dividend of €0.22 per share

Musti Group Appoints Pamela Nelimarkka as COO, Effective 9 September 2022

Musti Group Oyj Ordinary Shares to Be Deleted from Other OTC

Second quarter 2022 earnings released: EPS: €0.11 (vs €0.11 in 2Q 2021)

Investor sentiment improved over the past week

Musti Group plc Announces Management Changes

Now 22% undervalued after recent price drop

Investor sentiment deteriorated over the past week

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

Musti Group Oyj Announces Dividend Policy

Musti Group Oyj Announces Management Appointments

Musti Group Oyj Announces Executive Changes

Inaugural dividend of €0.22 per share

Full year 2021 earnings released: EPS €0.62 (vs €0.37 in FY 2020)

Investor sentiment deteriorated over the past week

Third quarter 2021 earnings released: EPS €0.12 (vs €0.14 in 3Q 2020)

Second quarter 2021 earnings released: EPS €0.11 (vs €0.086 loss in 2Q 2020)

First quarter 2021 earnings released: EPS €0.24 (vs €0.13 in 1Q 2020)

Revenue beats expectations

New 90-day high: €28.08

Independent Director has left the company

Independent Director has left the company

New 90-day high: €26.62

Musti Group Oyj Elects Ilkka Laurila as the New Member of the Board of Directors

New 90-day high: €24.70

Full year 2020 earnings released: EPS €0.37

Revenue beats expectations

New 90-day high: €22.02

New 90-day high: €18.90