Enea Management

Management criteria checks 2/4

Enea's CEO is Anders Lidbeck, appointed in Jul 2023, has a tenure of less than a year. directly owns 0.25% of the company’s shares, worth €258.89K. The average tenure of the management team and the board of directors is 1.7 years and 4.1 years respectively.

Key information

Anders Lidbeck

Chief executive officer

kr600.0k

Total compensation

CEO salary percentage	n/a
CEO tenure	less than a year
CEO ownership	0.2%
Management average tenure	1.7yrs
Board average tenure	4.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Anders Lidbeck's remuneration changed compared to Enea's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	-kr550m
Dec 31 2023	n/a	n/a	-kr551m
Sep 30 2023	n/a	n/a	-kr524m
Jun 30 2023	n/a	n/a	-kr508m
Mar 31 2023	n/a	n/a	kr158m
Dec 31 2022	kr600k	n/a	kr109m
Sep 30 2022	n/a	n/a	kr122m
Jun 30 2022	n/a	n/a	kr131m
Mar 31 2022	n/a	n/a	kr133m
Dec 31 2021	kr580k	n/a	kr185m
Sep 30 2021	n/a	n/a	kr180m
Jun 30 2021	n/a	n/a	kr166m
Mar 31 2021	n/a	n/a	kr164m
Dec 31 2020	kr550k	n/a	kr142m
Sep 30 2020	n/a	n/a	kr123m
Jun 30 2020	n/a	n/a	kr140m
Mar 31 2020	n/a	n/a	kr145m
Dec 31 2019	kr10m	kr2m	kr170m
Sep 30 2019	n/a	n/a	kr194m
Jun 30 2019	n/a	n/a	kr182m
Mar 31 2019	n/a	n/a	kr165m
Dec 31 2018	kr12m	kr4m	kr142m
Sep 30 2018	n/a	n/a	kr107m
Jun 30 2018	n/a	n/a	kr98m
Mar 31 2018	n/a	n/a	kr80m
Dec 31 2017	kr9m	kr3m	kr82m

Compensation vs Market: Anders's total compensation ($USD54.90K) is below average for companies of similar size in the German market ($USD401.52K).

Compensation vs Earnings: Anders's compensation has increased whilst the company is unprofitable.

CEO

Anders Lidbeck (61 yo)

less than a year

Tenure

kr600,000

Compensation

Mr. Anders Lidbeck serves as Chief Executive Officer of Enea AB (publ) since 2023 and its Acting President since 2023 also its Director since December 2023. He also served as Acting Chief Executive Officer...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Anders Lidbeck	Acting President	less than a year	kr600.00k	0.25% SEK 258.9k
Ulf Stigberg	Chief Financial Officer	less than a year	no data	no data
Osvaldo Aldao	Chief Technology & Product Officer and Head of Product Operations	less than a year	no data	no data
Stephanie Huf	Chief Marketing Officer	2.3yrs	no data	0.00097% SEK 1.0k
Anna de la Selander	Senior VP & Head of Group HR	1.2yrs	no data	no data
Roland Steiner	Senior VP and Head of Network Performance & Network Applications Business Groups	5.3yrs	no data	0.038% SEK 39.4k
John Hughes	Senior VP & Head of Network Security Business Group	2.3yrs	no data	no data
Jean-Pierre Coury	Senior VP & Head of Embedded Security Business Group	2.3yrs	no data	0.037% SEK 38.7k

1.7yrs

Average Tenure

51yo

Average Age

Experienced Management: EED5's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Anders Lidbeck	Acting President	less than a year	kr600.00k	0.25% SEK 258.9k
Kjell Duveblad	Independent Chairman	15.9yrs	kr330.00k	0.14% SEK 150.8k
Mats Lindoff	Independent Director	14yrs	kr320.00k	0.0048% SEK 5.0k
Charlotta Sund	Independent Director	3.9yrs	kr300.00k	no data
Åsa Schwarz	Independent Director	1.9yrs	kr300.00k	0.0043% SEK 4.5k
Jenny Andersson	Employee Representative Director	4.3yrs	no data	no data

4.1yrs

Average Tenure

60.5yo

Average Age

Experienced Board: EED5's board of directors are considered experienced (4.1 years average tenure).

Enea Management

Management criteria checks 2/4

Key information

Recent management updates

Enea AB (publ) Appoints Osvaldo Aldao as Chief Product and Technology Officer

Enea Appoints Ulf Stigberg as CFO

Acting President & CEO recently bought €170k worth of stock

Independent Chairman recently bought €41k worth of stock

Enea AB (Publ) Announces Resignation of Jan Frykhammar from the Board of Directors

Enea AB (Publ) Announces CEO Changes

Recent updates

First quarter 2024 earnings released: EPS: kr0.53 (vs kr1.67 in 1Q 2023)

Full year 2023 earnings released: kr25.80 loss per share (vs kr5.05 profit in FY 2022)

New major risk - Revenue and earnings growth

Enea AB (publ) Appoints Osvaldo Aldao as Chief Product and Technology Officer

Full year 2023 earnings released: kr25.85 loss per share (vs kr5.05 profit in FY 2022)

Enea AB (publ) to Report Q3, 2024 Results on Oct 25, 2024

Enea Appoints Ulf Stigberg as CFO

New major risk - Revenue and earnings growth

Third quarter 2023 earnings released: EPS: kr0.95 (vs kr1.69 in 3Q 2022)

Acting President & CEO recently bought €170k worth of stock

Independent Chairman recently bought €41k worth of stock

Enea AB (publ) (OM:ENEA) commences an Equity Buyback Plan for 2,148,571 shares, representing 9.83% of its issued share capital, under the authorization approved on May 4, 2023.

New major risk - Share price stability

Second quarter 2023 earnings released: kr28.70 loss per share (vs kr2.16 profit in 2Q 2022)

Enea AB (Publ) Announces Resignation of Jan Frykhammar from the Board of Directors

Enea AB (Publ) Announces CEO Changes

Enea AB (Publ) Announces CFO Changes

Now 29% undervalued after recent price drop

First quarter 2023 earnings released: EPS: kr0.47 (vs kr0.60 loss in 1Q 2022)

Investor sentiment deteriorates as stock falls 24%

Full year 2022 earnings released: EPS: kr5.04 (vs kr9.30 in FY 2021)

Enea Announces Resignation of Ola Burmark as CFO

Investor sentiment deteriorated over the past week

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: kr1.69 (vs kr2.32 in 3Q 2021)

Enea AB (publ), Annual General Meeting, May 04, 2023

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Second quarter 2022 earnings released: EPS: kr2.15 (vs kr2.39 in 2Q 2021)

Investor sentiment deteriorated over the past week

First quarter 2022 earnings released: kr0.38 loss per share (vs kr2.03 profit in 1Q 2021)

Less than half of directors are independent

Full year 2021 earnings released: EPS: kr9.30 (vs kr6.63 in FY 2020)

Investor sentiment improved over the past week

Insider recently sold €71k worth of stock

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Enea AB (publ) to Report Fiscal Year 2022 Results on Feb 02, 2023

Investor sentiment deteriorated over the past week

Third quarter 2021 earnings released: EPS kr2.32 (vs kr1.45 in 3Q 2020)

Chief Financial Officer Bjorn Westberg has left the company

Insider recently sold €315k worth of stock

Second quarter 2021 earnings released: EPS kr2.41 (vs kr2.18 in 2Q 2020)

Enea AB (publ) (OM:ENEA) agreed to acquire AdaptiveMobile Ltd. from Intel Capital, Doughty Hanson & Co. Technology Ventures and others.

Independent Director has left the company

Insider recently sold €126k worth of stock

Full year 2020 earnings released: EPS kr6.63 (vs kr8.47 in FY 2019)

Enea AB (publ) to Report Fiscal Year 2021 Results on Feb 22, 2022

Insider recently sold €77k worth of stock

Revenue beats expectations

Full year 2020 earnings released: EPS kr6.62 (vs kr8.47 in FY 2019)

New 90-day high: €21.80

NEXCOM and Enea Launch Open Source Software Kit with flexiWAN for Secure SD-WAN

New 90-day high: €19.28

Enea AB (Publ) Signs Traffic Management Contract Worth USD 4.1 Million

New 90-day low: €15.10

Insider recently sold €100k worth of stock

President & CEO recently bought €47k worth of stock

Third-quarter earnings released: Revenue misses expectations

Third quarter earnings released

New 90-day high: €19.36

Enea AB (publ) to Report Nine Months, 2020 Results on Oct 21, 2020

New 90-day high - €17.78

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age