Kitron Management
Management criteria checks 2/4
Kitron's CEO is Lars Nilsson, appointed in Nov 2014, has a tenure of 10.17 years. total yearly compensation is €1.92M, comprised of 16.7% salary and 83.3% bonuses, including company stock and options. directly owns 1.46% of the company’s shares, worth €8.56M. The average tenure of the management team and the board of directors is 10.2 years and 3.8 years respectively.
Key information
Lars Nilsson
Chief executive officer
€1.9m
Total compensation
| CEO salary percentage | 16.7% |
| CEO tenure | 10.2yrs |
| CEO ownership | 1.5% |
| Management average tenure | 10.2yrs |
| Board average tenure | 3.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | €36m |
| Jun 30 2024 | n/a | n/a | €39m |
| Mar 31 2024 | n/a | n/a | €44m |
| Dec 31 2023 | €2m | €321k | €51m |
| Sep 30 2023 | n/a | n/a | €48m |
| Jun 30 2023 | n/a | n/a | €46m |
| Mar 31 2023 | n/a | n/a | €37m |
| Dec 31 2022 | €1m | €298k | €28m |
| Sep 30 2022 | n/a | n/a | €22m |
| Jun 30 2022 | n/a | n/a | €17m |
| Mar 31 2022 | n/a | n/a | €16m |
| Dec 31 2021 | €481k | €302k | €15m |
| Sep 30 2021 | n/a | n/a | €16m |
| Jun 30 2021 | n/a | n/a | €20m |
| Mar 31 2021 | n/a | n/a | €22m |
| Dec 31 2020 | €650k | €288k | €20m |
| Sep 30 2020 | n/a | n/a | €18m |
| Jun 30 2020 | n/a | n/a | €15m |
| Mar 31 2020 | n/a | n/a | €12m |
| Dec 31 2019 | €2m | €296k | €13m |
| Sep 30 2019 | n/a | n/a | €13m |
| Jun 30 2019 | n/a | n/a | €13m |
| Mar 31 2019 | n/a | n/a | €13m |
| Dec 31 2018 | €533k | €281k | €11m |
Compensation vs Market: Lars's total compensation ($USD1.98M) is above average for companies of similar size in the German market ($USD1.44M).
Compensation vs Earnings: Lars's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Lars Nilsson (60 yo)
10.2yrs
Tenure
€1,924,201
Compensation
Mr. Lars Peter Nilsson has been the Chief Executive Officer of Kitron ASA since November 10, 2014 and serves as President. He served as the President of Electronics Technology Division at PartnerTech AB un...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & President | 10.2yrs | €1.92m | 1.46% € 8.6m | |
| Chief Financial Officer | 11.4yrs | €825.15k | 0.62% € 3.6m | |
| Chief Operating Officer | 3.3yrs | €821.23k | 0.12% € 720.0k | |
| Chief Technology Officer | no data | €634.09k | 0.10% € 592.6k | |
| Vice President of Central Eastern Europe | no data | €795.38k | 0.29% € 1.7m | |
| Vice President of Nordics & North America | no data | €742.06k | 0.31% € 1.8m | |
| General Manager of Kitron Sweden and Board Observer | no data | €1.22k | no data |
10.2yrs
Average Tenure
53yo
Average Age
Experienced Management: KP5's management team is seasoned and experienced (10.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| General Manager of Kitron Sweden and Board Observer | no data | €1.22k | no data | |
| Independent Chairman of the Board | 10.9yrs | €57.42k | 0.15% € 901.5k | |
| Director | less than a year | no data | no data | |
| Independent Director | 6.8yrs | €27.28k | 0.019% € 111.3k | |
| Independent Board Director | 2.8yrs | €29.15k | 0.0066% € 38.4k | |
| Employee Representative Deputy Board Member | no data | €6.80k | no data | |
| Employee Representative Director | 5.7yrs | €24.79k | 0.011% € 67.0k | |
| Employee Representative Deputy Board Member | no data | no data | no data | |
| Employee Representative Deputy Board Member | no data | no data | no data | |
| Independent Director | 4.8yrs | €27.28k | 0.014% € 80.4k | |
| Employee Representative Director | 1.8yrs | €18.72k | 0.00077% € 4.5k | |
| Employee Representative Director | 1.8yrs | €18.72k | 0.00077% € 4.5k |
3.8yrs
Average Tenure
56.5yo
Average Age
Experienced Board: KP5's board of directors are considered experienced (3.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/03 08:54 |
| End of Day Share Price | 2025/01/02 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
Kitron ASA is covered by 9 analysts. 3 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 |
|---|---|
| Magnus Granerød | Beringer Finance AB |
| Christoffer Bjørnsen | DNB Markets |
| Emilie Engen | DNB Markets |