Synsam Management
Management criteria checks 3/4
Synsam's CEO is Hakan Lundstedt, appointed in Jan 2015, has a tenure of 5.92 years. total yearly compensation is SEK16.40M, comprised of 50.6% salary and 49.4% bonuses, including company stock and options. directly owns 1.15% of the company’s shares, worth €6.60M. The average tenure of the management team and the board of directors is 5 years and 5.9 years respectively.
Key information
Hakan Lundstedt
Chief executive officer
SEK 16.4m
Total compensation
| CEO salary percentage | 50.6% |
| CEO tenure | 10yrs |
| CEO ownership | 1.1% |
| Management average tenure | 5yrs |
| Board average tenure | 5.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | SEK 352m |
| Jun 30 2024 | n/a | n/a | SEK 376m |
| Mar 31 2024 | n/a | n/a | SEK 348m |
| Dec 31 2023 | SEK 16m | SEK 8m | SEK 311m |
| Sep 30 2023 | n/a | n/a | SEK 300m |
| Jun 30 2023 | n/a | n/a | SEK 291m |
| Mar 31 2023 | n/a | n/a | SEK 248m |
| Dec 31 2022 | SEK 19m | SEK 8m | SEK 328m |
| Sep 30 2022 | n/a | n/a | SEK 325m |
| Jun 30 2022 | n/a | n/a | SEK 245m |
| Mar 31 2022 | n/a | n/a | SEK 162m |
| Dec 31 2021 | SEK 19m | SEK 8m | SEK 51m |
| Sep 30 2021 | n/a | n/a | -SEK 31m |
| Jun 30 2021 | n/a | n/a | -SEK 56m |
| Mar 31 2021 | n/a | n/a | -SEK 138m |
| Dec 31 2020 | SEK 16m | SEK 7m | -SEK 195m |
Compensation vs Market: Hakan's total compensation ($USD1.47M) is above average for companies of similar size in the German market ($USD981.65K).
Compensation vs Earnings: Hakan's compensation has been consistent with company performance over the past year.
CEO
Hakan Lundstedt (58 yo)
10yrs
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 10yrs | SEK 16.40m | 1.15% € 6.6m | |
| Chief Financial Officer | 8yrs | no data | 0.030% € 174.7k | |
| COO & MD of Synsam Sweden | no data | no data | 0.31% € 1.8m | |
| Chief Communications & Sustainability Officer | 6yrs | no data | 0.0050% € 28.8k | |
| Chief Marketing | 2yrs | no data | 0.11% € 609.1k | |
| Managing Director of Synsam Denmark | no data | no data | 0.036% € 205.5k | |
| Chief Commercial Officer | no data | no data | 0.099% € 568.1k | |
| Managing Director Norway | no data | no data | 0.022% € 128.2k | |
| Managing Director of Synsam Finland | no data | no data | 0.16% € 906.9k | |
| Chief Optical Officer | no data | no data | 0.010% € 58.7k | |
| CEO of Synsam Group's Production & Innovation Center in Östersund | 3yrs | no data | no data | |
| Managing Director of Synsam Outlet | 4yrs | no data | 0.055% € 318.2k |
5.0yrs
Average Tenure
52yo
Average Age
Experienced Management: 9FZ's management team is seasoned and experienced (5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 5.9yrs | SEK 16.40m | 1.15% € 6.6m | |
| Independent Director | 1.8yrs | SEK 200.00k | no data | |
| Independent Chairman of the Board | 5.9yrs | SEK 900.00k | 0.056% € 320.9k | |
| Independent Director | 5.9yrs | SEK 400.00k | no data | |
| Independent Director | 5.9yrs | no data | no data | |
| Independent Director | 5.9yrs | no data | no data | |
| Independent Director | 5.9yrs | SEK 400.00k | 0.063% € 363.3k | |
| Independent Director | 6yrs | SEK 300.00k | no data | |
| Director | less than a year | no data | no data |
5.9yrs
Average Tenure
56yo
Average Age
Experienced Board: 9FZ's board of directors are considered experienced (5.9 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/08 11:00 |
| End of Day Share Price | 2025/01/08 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Synsam AB (publ) is covered by 6 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ajay Nandal | Citigroup Inc |
| Giang Nguyen | Citigroup Inc |
| Emanuel Jansson | Danske Bank |