Nordic LEVEL Group AB (publ.) Management
Management criteria checks 1/4
Nordic LEVEL Group AB (publ.)'s CEO is Jorgen Lundgren, appointed in Jan 2022, has a tenure of 2.83 years. total yearly compensation is SEK3.55M, comprised of 44.2% salary and 55.8% bonuses, including company stock and options. directly owns 0.93% of the company’s shares, worth €115.19K. The average tenure of the management team and the board of directors is 1.3 years and 2.8 years respectively.
Key information
Jorgen Lundgren
Chief executive officer
SEK 3.5m
Total compensation
| CEO salary percentage | 44.2% |
| CEO tenure | 2.8yrs |
| CEO ownership | 0.9% |
| Management average tenure | 1.3yrs |
| Board average tenure | 2.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | -SEK 5m |
| Mar 31 2024 | n/a | n/a | SEK 8m |
| Dec 31 2023 | SEK 4m | SEK 2m | -SEK 2m |
| Sep 30 2023 | n/a | n/a | -SEK 2m |
| Jun 30 2023 | n/a | n/a | SEK 1m |
| Mar 31 2023 | n/a | n/a | -SEK 9m |
| Dec 31 2022 | SEK 82k | n/a | -SEK 12m |
Compensation vs Market: Jorgen's total compensation ($USD321.37K) is below average for companies of similar size in the German market ($USD471.55K).
Compensation vs Earnings: Jorgen's compensation has increased whilst the company is unprofitable.
CEO
Jorgen Lundgren (57 yo)
2.8yrs
Tenure
SEK 3,549,000
Compensation
Mr. Jorgen Lundgren serves as served as Chief Executive Officer at Annehem Fastigheter AB since March 23, 2020 until August 2022 and served as its Head of Investor Relations. He serves as Chairman of the b...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 2.8yrs | SEK 3.55m | 0.93% € 115.2k | |
| Chief Financial Officer | less than a year | no data | no data | |
| CEO & COO of Nordic Level Technology | less than a year | SEK 1.44m | no data | |
| C.C.O | 3.8yrs | no data | no data | |
| Chief Executive Officer of Nordic Level Advisory | 1.8yrs | no data | no data | |
| Chief Executive Officer of Nordic Level Technology | less than a year | no data | no data |
1.3yrs
Average Tenure
51yo
Average Age
Experienced Management: 9T2's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 2.8yrs | SEK 165.00k | 0.37% € 45.8k | |
| Chairman | 2.8yrs | SEK 850.00k | 2.14% € 265.2k | |
| Independent Director | 2.8yrs | SEK 2.29m | 1.42% € 176.0k | |
| Independent Director | 1.1yrs | SEK 43.00k | no data | |
| Director | 3.8yrs | SEK 165.00k | no data | |
| Independent Director | less than a year | no data | no data | |
| Director | 1.4yrs | SEK 96.00k | 9.53% € 1.2m |
2.8yrs
Average Tenure
55yo
Average Age
Experienced Board: 9T2's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.