Boozt Management

Management criteria checks 2/4

Boozt's CEO is Hermann Haraldsson, appointed in Jan 2010, has a tenure of 14.25 years. total yearly compensation is SEK43.00M, comprised of 23.3% salary and 76.7% bonuses, including company stock and options. directly owns 0.91% of the company’s shares, worth €6.43M. The average tenure of the management team and the board of directors is 10 years and 4.5 years respectively.

Key information

Hermann Haraldsson

Chief executive officer

kr43.0m

Total compensation

CEO salary percentage	23.3%
CEO tenure	14.3yrs
CEO ownership	0.9%
Management average tenure	10yrs
Board average tenure	4.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Hermann Haraldsson's remuneration changed compared to Boozt's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	kr240m
Dec 31 2023	kr43m	kr10m	kr233m
Sep 30 2023	n/a	n/a	kr213m
Jun 30 2023	n/a	n/a	kr209m
Mar 31 2023	n/a	n/a	kr189m
Dec 31 2022	kr19m	kr9m	kr187m
Sep 30 2022	n/a	n/a	kr150m
Jun 30 2022	n/a	n/a	kr123m
Mar 31 2022	n/a	n/a	kr138m
Dec 31 2021	kr47m	kr7m	kr189m
Sep 30 2021	n/a	n/a	kr186m
Jun 30 2021	n/a	n/a	kr226m
Mar 31 2021	n/a	n/a	kr256m
Dec 31 2020	kr25m	kr5m	kr133m
Sep 30 2020	n/a	n/a	kr125m
Jun 30 2020	n/a	n/a	kr53m
Mar 31 2020	n/a	n/a	-kr5m
Dec 31 2019	kr9m	kr5m	kr55m
Sep 30 2019	n/a	n/a	kr30m
Jun 30 2019	n/a	n/a	kr43m
Mar 31 2019	n/a	n/a	kr34m
Dec 31 2018	kr14m	kr5m	kr43m
Sep 30 2018	n/a	n/a	kr76m
Jun 30 2018	n/a	n/a	kr87m
Mar 31 2018	n/a	n/a	-kr6m
Dec 31 2017	kr46m	kr4m	-kr13m

Compensation vs Market: Hermann's total compensation ($USD3.90M) is above average for companies of similar size in the German market ($USD1.28M).

Compensation vs Earnings: Hermann's compensation has increased by more than 20% in the past year.

CEO

Hermann Haraldsson (57 yo)

14.3yrs

Tenure

kr43,000,000

Compensation

Mr. Hermann Haraldsson has been Chief Executive Officer of Boozt AB (publ) since 2010 and serves as its Co-Founder. Mr. Haraldsson serves as the Chief Executive Officer of Boozt Fashion AB. He serves as a...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Hermann Haraldsson	Co-Founder & Group CEO	14.3yrs	kr43.00m	0.91% SEK 6.4m
Peter Jørgensen	Co-Founder	13.3yrs	no data	0.58% SEK 4.1m
Jesper Brøndum	Co-Founder & Group Chief Technical Officer	14.3yrs	no data	0.55% SEK 3.9m
Sandra Gadd	Group Chief Financial Officer	4.3yrs	no data	0.13% SEK 910.7k
Ronni Olsen	Group CSCO and Head of Investor Relations & Corporate Communications	no data	no data	no data
Sandra Sahlertz	Group Chief Human Resources Officer	3.3yrs	no data	0.14% SEK 1.0m
Mads Famme	Group Chief Purchasing Officer	6.8yrs	no data	0.34% SEK 2.4m

10.0yrs

Average Tenure

47yo

Average Age

Experienced Management: BOK's management team is seasoned and experienced (10 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Henrik Theilbjørn	Independent Chairman	15.3yrs	kr1.40m	0.26% SEK 1.9m
Cecilia Lannebo	Independent Director	6yrs	kr700.00k	0.0075% SEK 53.1k
Aileen O'Toole	Independent Director	2.9yrs	kr600.00k	no data
Julie Wiese	Director	2.9yrs	kr104.00k	no data
Jon Bjornsson	Independent Director	12.3yrs	kr550.00k	0.043% SEK 303.3k
Benjamin Buscher	Independent Director	2yrs	kr450.00k	no data

4.5yrs

Average Tenure

50yo

Average Age

Experienced Board: BOK's board of directors are considered experienced (4.5 years average tenure).

Boozt Management

Management criteria checks 2/4

Key information

Recent management updates

Independent Chairman recently sold €295k worth of stock

Key Executive recently sold €652k worth of stock

Independent Chairman recently sold €114k worth of stock

Co-Founder & Group CEO recently sold €280k worth of stock

Boozt AB (publ), Annual General Meeting, Apr 25, 2024

Independent Chairman recently sold €152k worth of stock

Recent updates

Boozt AB (Publ) Provides Earnings Guidance for 2024

First quarter 2024 earnings released: EPS: kr0.031 (vs kr0.073 loss in 1Q 2023)

Full year 2023 earnings released: EPS: kr3.42 (vs kr2.78 in FY 2022)

Independent Chairman recently sold €295k worth of stock

Key Executive recently sold €652k worth of stock

Full year 2023 earnings released: EPS: kr3.42 (vs kr2.76 in FY 2022)

Boozt AB (Publ) Provides Revenue Guidance for the Year 2024

Independent Chairman recently sold €114k worth of stock

Boozt AB (publ) to Report Q2, 2024 Results on Aug 16, 2024

Investor sentiment improves as stock rises 31%

Co-Founder & Group CEO recently sold €280k worth of stock

New minor risk - Share price stability

Boozt AB (publ) to Report Fiscal Year 2023 Results on Feb 08, 2024

Third quarter 2023 earnings released

Boozt AB (publ), Annual General Meeting, Apr 25, 2024

Second quarter 2023 earnings released: EPS: kr0.97 (vs kr0.68 in 2Q 2022)

Boozt AB (publ) (OM:BOOZT) commences an Equity Buyback Plan for 6,746,764 shares, representing 10% of its issued share capital, under the authorization approved on April 26, 2023.

Boozt AB (Publ) Revises Earnings Guidance for the Year 2023

Investor sentiment deteriorates as stock falls 16%

New minor risk - Shareholder dilution

Independent Chairman recently sold €152k worth of stock

Boozt Announces Resignation of Sven Thiessen as Group Chief Supply Chain Officer

Full year 2022 earnings released: EPS: kr2.76 (vs kr2.87 in FY 2021)

Independent Chairman recently sold €178k worth of stock

Group Chief Financial Officer recently sold €179k worth of stock

Full year 2022 earnings released: EPS: kr2.76 (vs kr2.87 in FY 2021)

Boozt AB (publ) Provides Earnings Guidance for the Full Year 2023

Investor sentiment improved over the past week

Boozt AB (publ) to Report Q4, 2022 Results on Feb 10, 2023

Investor sentiment improved over the past week

Third quarter 2022 earnings released

Boozt AB (Publ) Revises Earnings Guidance for the Year 2022

Investor sentiment improved over the past week

Boozt AB (Publ)'S Announces Nomination Committee

Investor sentiment deteriorated over the past week

Second quarter 2022 earnings released

Boozt AB (Publ) Reiterate Earnings Guidance for the Year 2022

Investor sentiment deteriorated over the past week

Boozt AB (publ) Provides Net Revenue Guidance for the Second Quarter and Full Year of 2022

First quarter 2022 earnings released

Boozt AB (publ) Announces Board Changes

Boozt AB (publ) (OM:BOOZT) acquired 30% stake in Liveshopper ApS.

Investor sentiment improved over the past week

Boozt AB Announces Management Changes

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Boozt AB (publ) Provides Group Earnings Guidance for the Year 2022

Boozt AB (publ) to Report Q4, 2021 Results on Feb 10, 2022

Boozt AB (publ) (OM:BOOZT) entered into an agreement to acquire a 33.3% stake in Rosemunde ApS for approximately DKK 280 million.

Now 20% undervalued

Boozt AB (publ) (OM:BOOZT) signed an agreement to acquire Svea Simplicity Improved Ab.

Third quarter 2021 earnings released: kr0.041 loss per share (vs kr0.64 profit in 3Q 2020)

Group Chief Financial Officer recently bought €26k worth of stock

Second quarter 2021 earnings released: EPS kr0.94 (vs kr1.58 in 2Q 2020)

Boozt AB (publ) (OM:BOOZT) agreed to acquire Estina Ltd.

Independent Director Bjorn Kroghsbo has left the company

First quarter 2021 earnings released: EPS kr0.67 (vs kr1.39 loss in 1Q 2020)

Boozt AB (Publ) Revises Earnings Guidance for the Year 2021

Full year 2020 earnings released: EPS kr2.27 (vs kr0.96 in FY 2019)

Boozt AB (publ) Announces Executive Changes

Co-Founder & Group CEO recently sold €727k worth of stock

Revenue beats expectations

New 90-day high: €18.72

An unknown buyer acquired 5% in Boozt AB (publ) (OM:BOOZT).

Investor sentiment improved over the past week

New 90-day high: €17.66

Market bids up stock over the past week

Boozt AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 803.1919 million.

Boozt AB (publ) Announces Appointment of Members of Nomination Committee

Market pulls back on stock over the past week