Pierce Group Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Goran Dahlin

Chief executive officer

SEK 5.8m

Total compensation

CEO salary percentage	37.9%
CEO tenure	1.4yrs
CEO ownership	n/a
Management average tenure	less than a year
Board average tenure	1.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Goran Dahlin's remuneration changed compared to Pierce Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	-SEK 12m
Jun 30 2024	n/a	n/a	-SEK 72m
Mar 31 2024	n/a	n/a	-SEK 60m
Dec 31 2023	SEK 6m	SEK 2m	-SEK 96m

Compensation vs Market: Goran's total compensation ($USD531.36K) is about average for companies of similar size in the German market ($USD474.54K).

Compensation vs Earnings: Insufficient data to compare Goran's compensation with company performance.

CEO

Goran Dahlin (53 yo)

1.4yrs

Tenure

SEK 5,800,000

Compensation

Mr. Goran Dahlin serves as Chief Executive Officer at Pierce Group AB (publ) since June 12, 2023. Mr. Dahlin has managerial experience from product and distribution businesses. He is CEO of Dahl Sverige AB...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Goran Dahlin	Chief Executive Officer	1.4yrs	SEK 5.80m	no data
Fredrik Idestrom	Group Chief Financial Officer	less than a year	no data	0.15% € 85.3k
Thomas Hartung	Head of Offering	1.8yrs	no data	no data
Emilija Frew	Head of Tech	less than a year	no data	no data
Mariusz Mastela	Head of Fulfillment	less than a year	no data	no data
Marta Garcia	Head of Customer Care	less than a year	no data	no data

0.8yrs

Average Tenure

47yo

Average Age

Experienced Management: 959's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Henrik Theilbjørn	Independent Chairman	2.4yrs	SEK 800.00k	0.16% € 90.5k
Lottie Saks	Independent Director	1.5yrs	SEK 200.00k	no data
Niklas Jarl	Independent Director	less than a year	no data	no data
Kenneth Christensen	Independent Director	less than a year	no data	no data
Thomas Schwarz	Independent Director	2.4yrs	SEK 200.00k	no data
Max Carlsen	Independent Director	1.9yrs	no data	no data

1.7yrs

Average Tenure

57yo

Average Age

Experienced Board: 959's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.

Pierce Group Management

Management criteria checks 1/4

Key information

Recent management updates

High number of new and inexperienced directors

Independent Chairman recently bought €65k worth of stock

Pierce Group AB (publ), Annual General Meeting, May 17, 2024

Pierce Group AB (Publ) Announces CFO Changes, Effective as of 15 December 2023

Pierce Group AB (Publ) Appoints Nomination Committee

High number of new and inexperienced directors

Recent updates

Third quarter 2024 earnings released: kr0.025 loss per share (vs kr0.77 loss in 3Q 2023)

Pierce Group AB (publ) to Report Q4, 2025 Results on Feb 20, 2026

Second quarter 2024 earnings released: EPS: kr0.18 (vs kr0.33 in 2Q 2023)

Pierce Group AB (publ) to Report Q1, 2025 Results on May 16, 2025

High number of new and inexperienced directors

Independent Chairman recently bought €65k worth of stock

First quarter 2024 earnings released: EPS: kr0.32 (vs kr0.14 loss in 1Q 2023)

Full year 2023 earnings released: kr1.21 loss per share (vs kr0.98 loss in FY 2022)

Full year 2023 earnings released: kr1.21 loss per share (vs kr0.98 loss in FY 2022)

Third quarter 2023 earnings released: kr0.77 loss per share (vs kr0.26 loss in 3Q 2022)

Pierce Group AB (publ), Annual General Meeting, May 17, 2024

Pierce Group AB (publ) to Report Q3, 2024 Results on Nov 08, 2024

Pierce Group AB (Publ) Announces CFO Changes, Effective as of 15 December 2023

Pierce Group AB (publ) to Report Fiscal Year 2023 Results on Feb 20, 2024

Pierce Group AB (Publ) Appoints Nomination Committee

High number of new and inexperienced directors

Second quarter 2023 earnings released: EPS: kr0.33 (vs kr0.025 loss in 2Q 2022)

Pierce Group AB (Publ) Announces CEO Changes with Effect from 12 June 2023

Now 26% undervalued after recent price drop

High number of new and inexperienced directors

First quarter 2023 earnings released: kr0.14 loss per share (vs kr0.35 loss in 1Q 2022)

Full year 2022 earnings released: kr0.98 loss per share (vs kr0.68 profit in FY 2021)

Pierce Group AB (publ) Appoints Niclas Olsson as CFO

Pierce Group AB (Publ) Elects Max Carlsén as New Board Member

Pierce Group AB (Publ) Announces CEO Changes

Third quarter 2022 earnings released: kr0.26 loss per share (vs kr0.025 loss in 3Q 2021)

Pierce Group AB (publ) to Report First Half, 2023 Results on Aug 25, 2023

Second quarter 2022 earnings released: kr0.025 loss per share (vs kr0.53 profit in 2Q 2021)

Pierce Group AB (publ) to Report Fiscal Year 2022 Results on Feb 17, 2023

Pierce Group Announces Demise of Tomas Ljunglöf, CFO

Pierce Group AB (publ) Announces Management Changes

Pierce Group AB (publ) Approves Executive Appointments

Investor sentiment deteriorated over the past week

Pierce Group AB (publ) to Report ,2022 Results on Nov 11, 2022

First quarter 2022 earnings released: kr0.35 loss per share (vs kr0.01 profit in 1Q 2021)

Insufficient new directors

Investor sentiment deteriorated over the past week

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Pierce Group AB (publ) to Report First Half, 2022 Results on Aug 24, 2022

Investor sentiment deteriorated over the past week

Now 26% undervalued after recent price drop

Third quarter 2021 earnings released: kr0.025 loss per share

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age