Synsam AB (publ)

DB:9FZ Stock Report

Market Cap: €653.7m

Synsam Management

Management criteria checks 4/4

Synsam's CEO is Hakan Lundstedt, appointed in Jan 2015, has a tenure of 9.67 years. total yearly compensation is SEK16.40M, comprised of 50.6% salary and 49.4% bonuses, including company stock and options. directly owns 1.14% of the company’s shares, worth €7.45M. The average tenure of the management team and the board of directors is 4.7 years and 5.6 years respectively.

Key information

Hakan Lundstedt

Chief executive officer

SEK 16.4m

Total compensation

CEO salary percentage50.6%
CEO tenure9.7yrs
CEO ownership1.1%
Management average tenure4.7yrs
Board average tenure5.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Hakan Lundstedt's remuneration changed compared to Synsam's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

SEK 376m

Mar 31 2024n/an/a

SEK 348m

Dec 31 2023SEK 16mSEK 8m

SEK 311m

Sep 30 2023n/an/a

SEK 300m

Jun 30 2023n/an/a

SEK 291m

Mar 31 2023n/an/a

SEK 248m

Dec 31 2022SEK 19mSEK 8m

SEK 328m

Sep 30 2022n/an/a

SEK 325m

Jun 30 2022n/an/a

SEK 245m

Mar 31 2022n/an/a

SEK 162m

Dec 31 2021SEK 19mSEK 8m

SEK 51m

Sep 30 2021n/an/a

-SEK 31m

Jun 30 2021n/an/a

-SEK 56m

Mar 31 2021n/an/a

-SEK 138m

Dec 31 2020SEK 16mSEK 7m

-SEK 195m

Compensation vs Market: Hakan's total compensation ($USD1.62M) is about average for companies of similar size in the German market ($USD1.43M).

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

CEO

Hakan Lundstedt (58 yo)

9.7yrs

Tenure

SEK 16,400,000

Compensation

Mr. Håkan Lundstedt is Chairman of the Board at XXL ASA since 2023. He serves as Chief Executive Officer, Managing Director and President at Synsam Group Sweden AB since May 2015. He has been President at...

Leadership Team

NamePositionTenureCompensationOwnership
Hakan Lundstedt
President9.7yrsSEK 16.40m1.14%
SEK 7.5m
Per Hedblom
Chief Financial Officer7.7yrsno data0.030%
SEK 198.6k
Krister Duwe
COO & MD of Synsam Swedenno datano data0.31%
SEK 2.0m
Jenny Fridh
Chief Communications & Sustainability Officer5.7yrsno data0.0050%
SEK 32.8k
Susanne Westford
Chief Marketing1.7yrsno data0.11%
SEK 692.4k
Tina Gaardsholt
Managing Director of Synsam Denmarkno datano data0.036%
SEK 233.6k
Jimmy Engstrom
Chief Commercial Officerno datano data0.097%
SEK 632.5k
Ingrid Holm
Managing Director Norwayno datano data0.022%
SEK 145.7k
Vesa Mars
Managing Director of Synsam Finlandno datano data0.16%
SEK 1.0m
Olav Torgersen
Chief Optical Officerno datano data0.010%
SEK 66.7k
Ida Geiler
CEO of Synsam Group's Production & Innovation Center in Östersund2.7yrsno datano data
Hanna Ekstrand
Managing Director of Synsam Outlet3.7yrsno data0.055%
SEK 361.8k

4.7yrs

Average Tenure

52yo

Average Age

Experienced Management: 9FZ's management team is considered experienced (4.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Hakan Lundstedt
President5.6yrsSEK 16.40m1.14%
SEK 7.5m
Anna Omstedt
Independent Director1.4yrsSEK 200.00kno data
Peter Georg Törnquist
Independent Chairman of the Board5.6yrsSEK 900.00k0.039%
SEK 252.1k
Kenneth Bengtsson
Independent Director5.6yrsSEK 400.00kno data
Gustaf Martin-Löf
Independent Director5.6yrsno datano data
Christoffer Sjøqvist
Independent Director5.6yrsno datano data
Terje List
Independent Director5.6yrsSEK 400.00k0.063%
SEK 413.0k
Ann Hellenius
Independent Director5.7yrsSEK 300.00kno data
Petra Axdorff
Directorless than a yearno datano data

5.6yrs

Average Tenure

56yo

Average Age

Experienced Board: 9FZ's board of directors are considered experienced (5.6 years average tenure).