Penneo Management

Management criteria checks 1/4

Penneo's CEO is Christian Stendevad, appointed in Aug 2021, has a tenure of 3.25 years. directly owns 0.064% of the company’s shares, worth €24.50K. The average tenure of the management team and the board of directors is 3 years and 0.6 years respectively.

Key information

Christian Stendevad

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	3.3yrs
CEO ownership	0.06%
Management average tenure	3yrs
Board average tenure	less than a year

Recent management updates

Recent updates

CEO

Christian Stendevad (54 yo)

3.3yrs

Tenure

Mr. Christian Stendevad has been Chief Executive Officer and Member of Management Board at Penneo A/S since August 18, 2021. He served as an Executive Vice President at Omada A/S. Mr. Stendevad has been a...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Christian Stendevad	CEO & Member of Executive Board	3.3yrs	no data	0.064% € 24.5k
Andre Clement	Co-Founder & Chief Commercial Officer	10.8yrs	no data	2.07% € 800.0k
Casper Christiansen	Chief Financial Officer	5.9yrs	no data	no data
Mathias Mortensen	Director of Accounting	no data	no data	no data
Christel Host	Director of People	no data	no data	no data
- Loredana	Head of Communications	3yrs	no data	no data
Mads Aabling	Chief Sales Officer	1.1yrs	no data	no data
Kirstine Pedersen	Chief Marketing Officer	1.3yrs	no data	no data
Hans Skovgaard	Chief Technical Product Officer	1.8yrs	no data	no data
- Carsten	Financial Controller	no data	no data	no data

3.0yrs

Average Tenure

Experienced Management: 4ZD's management team is considered experienced (3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Jostein Vik	Independent Chairman of the Board	less than a year	no data	no data
Morten Elk	Independent Director	6.2yrs	DKK 180.00k	0.0056% € 2.1k
Rikke Skov	Independent Director	3.7yrs	no data	0.0048% € 1.8k
Kasper Behrens	Independent Director	less than a year	no data	no data
Eske Gunge	Independent Director	less than a year	no data	no data

0.6yrs

Average Tenure

Experienced Board: 4ZD's board of directors are not considered experienced ( 0.6 years average tenure), which suggests a new board.

Penneo Management

Management criteria checks 1/4

Key information

Recent management updates

André Clement to Step Down as Chief Commercial Officer of Penneo A/S

Chief Financial Officer recently sold €58k worth of stock

Penneo A/S Announces Board Resignations

Penneo A/S Announces Resignation of Sara Lindgaard as Chief People & Culture Officer

Co-Founder & Chief Commercial Officer recently sold €91k worth of stock

Penneo A/S, Annual General Meeting, Apr 10, 2024

Recent updates

André Clement to Step Down as Chief Commercial Officer of Penneo A/S

New minor risk - Share price stability

Second quarter 2024 earnings released: kr.0.11 loss per share (vs kr.0.29 loss in 2Q 2023)

New major risk - Revenue and earnings growth

Penneo A/S to Report Fiscal Year 2024 Results on Mar 05, 2025

Forecast breakeven date moved forward to 2025

Chief Financial Officer recently sold €58k worth of stock

Full year 2023 earnings released: kr.0.75 loss per share (vs kr.0.65 loss in FY 2022)

New minor risk - Insider selling

Penneo A/S Announces Board Resignations

Forecast to breakeven in 2026

Penneo A/S Announces Resignation of Sara Lindgaard as Chief People & Culture Officer

Co-Founder & Chief Commercial Officer recently sold €91k worth of stock

Penneo A/S, Annual General Meeting, Apr 10, 2024

Third quarter 2023 earnings released: kr.0.35 loss per share (vs kr.0.20 loss in 3Q 2022)

Penneo A/S Revises Earnings Guidance for the Year 2023

Penneo A/S to Report Q1, 2024 Results on May 23, 2024

New minor risk - Share price stability

Penneo Announces Executive Appointments

Second quarter 2023 earnings released: kr.0.29 loss per share (vs kr.0.25 loss in 2Q 2022)

Penneo A/S Reaffirms Earnings Guidance for the Year 2023

Co-Founder & Chief Commercial Officer recently sold €228k worth of stock

High number of new and inexperienced directors

First quarter 2023 earnings released: kr.0.28 loss per share (vs kr.0.26 loss in 1Q 2022)

Penneo A/S Reaffirms Earnings Guidance for the Year 2023

Penneo Appoints Kirstine Møller Pedersen as New Chief Marketing Officer Effective August 1, 2023

Independent Director recently sold €345k worth of stock

Full year 2022 earnings released: kr.0.65 loss per share (vs kr.0.72 loss in FY 2021)

Penneo Appoints Hans J. Skovgaard as Chief Technology and Product Officer

Penneo A/S Appoints Daniel Selde as Chief Marketing Officer, Effective 1 January 2023

Third quarter 2022 earnings released: kr.0.20 loss per share (vs kr.0.36 loss in 3Q 2021)

Penneo A/S to Report Q3, 2023 Results on Nov 21, 2023

Less than half of directors are independent

No longer forecast to breakeven

Penneo A/S to Report Fiscal Year 2022 Results on Feb 28, 2023

First quarter 2022 earnings released: kr.0.26 loss per share (vs kr.0.25 loss in 1Q 2021)

No independent directors

Full year 2021 earnings released

Now 24% undervalued after recent price drop

Penneo A/S Provides Revenue Guidance for the Year 2022

Forecast to breakeven in 2024

Penneo A/S Maintains Revenue Guidance for the Full Year of 2021

Penneo A/S Provides Revenue Guidance for the Full Year of 2021

First quarter 2021 earnings released: kr.0.25 loss per share (vs kr.0.49 loss in 1Q 2020)

Penneo Provides Revenue Guidance for the First Half and Full Year of Fiscal 2021

Penneo Aps Provides Earnings Guidance for the Half Year and Full Year 2021

Penneo ApS Announces Board Changes

Penneo Revises Revenue Guidance First Half of Fiscal 2021

New 90-day high: €6.88

Penneo A/S Signs First Customer in Finland

Penneo ApS Announces CEO Changes

New 90-day high: €4.48

Penneo A/S Signs First Big10 Customer in Belgium

Penneo ApS (CPSE:PENNEO) acquired the Know-Your-Customer (KYC) Software Activities of CLA Reply Aps for DKK 15 million.

Penneo Announces Executive Changes

Penneo ApS to Report Q3, 2020 Results on Nov 25, 2020

CEO

Tenure

Leadership Team

Average Tenure

Board Members

Average Tenure