MPC Container Ships Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Constantin Baack

Chief executive officer

US$1.0m

Total compensation

CEO salary percentage	23.7%
CEO tenure	no data
CEO ownership	0.01%
Management average tenure	1.4yrs
Board average tenure	6.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Constantin Baack's remuneration changed compared to MPC Container Ships's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$1m	US$238k	US$325m
Sep 30 2023	n/a	n/a	US$393m
Jun 30 2023	n/a	n/a	US$449m
Mar 31 2023	n/a	n/a	US$438m
Dec 31 2022	US$549k	US$233k	US$435m
Sep 30 2022	n/a	n/a	US$459m
Jun 30 2022	n/a	n/a	US$381m
Mar 31 2022	n/a	n/a	US$303m
Dec 31 2021	US$6m	US$171k	US$190m
Sep 30 2021	n/a	n/a	US$44m
Jun 30 2021	n/a	n/a	-US$21m
Mar 31 2021	n/a	n/a	-US$50m
Dec 31 2020	US$338k	US$180k	-US$64m
Sep 30 2020	n/a	n/a	-US$60m
Jun 30 2020	n/a	n/a	-US$54m
Mar 31 2020	n/a	n/a	-US$43m
Dec 31 2019	US$322k	US$173k	-US$40m
Sep 30 2019	n/a	n/a	-US$31m
Jun 30 2019	n/a	n/a	-US$18m
Mar 31 2019	n/a	n/a	-US$10m
Dec 31 2018	US$446k	US$298k	-US$2m

Compensation vs Market: Constantin's total compensation ($USD1.00M) is about average for companies of similar size in the German market ($USD1.18M).

Compensation vs Earnings: Constantin's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Constantin Baack

no data

Tenure

US$1,002,946

Compensation

Mr. Constantin Baack has been Member of Management Board at MPC Münchmeyer Petersen Capital AG of MPC Münchmeyer Petersen & Co. GmbH since April 1, 2015. He serves as Chief Executive Officer of MPC Contain...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Constantin Baack	Chief Executive Officer	no data	US$1.00m	0.015% $ 98.7k
Moritz Fuhrmann	Chief Financial Officer	1.4yrs	US$197.59k	no data
Christian Rychly	Chief Operating Officer	1.3yrs	no data	no data
Pal Saetre	Executive VP & GM of Norway	2.9yrs	no data	no data

1.4yrs

Average Tenure

Experienced Management: MP2's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Axel Schroeder	Director	7yrs	US$40.83k	15.78% $ 104.8m
Ulf Hollander	Chairman of the Board	7.1yrs	US$90.00k	0.015% $ 98.3k
Ellen Hanetho	Independent Director	6.3yrs	US$50.00k	no data
Peter Frederiksen	Independent Director	2.3yrs	US$50.00k	no data
Pia Meling	Independent Director	1.4yrs	US$50.00k	no data

6.3yrs

Average Tenure

59yo

Average Age

Experienced Board: MP2's board of directors are considered experienced (6.3 years average tenure).

MPC Container Ships Management

Management criteria checks 2/4

Key information

Recent management updates

Director recently sold €110k worth of stock

MPC Container Ships ASA Announces Resignation of Laura Carballo as Board Member

Less than half of directors are independent

Chairman of the Board of Directors recently bought €99k worth of stock

Director recently bought €238k worth of stock

Less than half of directors are independent

Recent updates

Investor sentiment improves as stock rises 22%

New minor risk - Earnings quality

Upcoming dividend of US$0.13 per share

Dividend of US$0.13 announced

New minor risk - Profit margin trend

Full year 2023 earnings released: EPS: US$0.73 (vs US$0.98 in FY 2022)

MPC Container Ships ASA Declares Cash Dividend for the Fourth Quarter of 2023, Payable on or About March 26, 2024

MPC Container Ships ASA to Report Q3, 2024 Results on Nov 26, 2024

Upcoming dividend of US$0.14 per share at 45% yield

Third quarter 2023 earnings released: EPS: US$0.15 (vs US$0.28 in 3Q 2022)

MPC Container Ships ASA Announces Cash Dividend for the Third Quarter of 2023, Payable on or About December 21, 2023

MPC Container Ships ASA(OB:MPCC) dropped from Oslo OBX Total Return Index

MPC Container Ships ASA Revises Earnings Guidance for the Full Year 2023

Second quarter 2023 earnings released: EPS: US$0.23 (vs US$0.20 in 2Q 2022)

MPC Container Ships ASA Declares Dividend, Payable on or About September 28, 2023

Director recently sold €110k worth of stock

MPC Container Ships ASA Revises Earnings Guidance for the Fiscal 2023

Upcoming dividend of US$0.15 per share at 28% yield

First quarter 2023 earnings released: EPS: US$0.27 (vs US$0.26 in 1Q 2022)

MPC Container Ships ASA Announces Distribution, Payable on or About June 29, 2023

Now 22% undervalued after recent price drop

Upcoming dividend of US$0.15 per share at 32% yield

Full year 2022 earnings released: EPS: US$0.98 (vs US$0.46 in FY 2021)

Upcoming dividend of US$0.07 per share at 17% yield

MPC Container Ships ASA Announces Distribution Payable on February 28, 2023

MPC Container Ships ASA to Report Q4, 2023 Results on Feb 27, 2024

Upcoming dividend of US$0.19 per share

MPC Container Ships ASA Announces Resignation of Laura Carballo as Board Member

Third quarter 2022 earnings released: EPS: US$0.28 (vs US$0.11 in 3Q 2021)

Less than half of directors are independent

MPC Container Ships ASA Announces Cash Distribution payable on December 23, 2022

Investor sentiment deteriorated over the past week

Chairman of the Board of Directors recently bought €99k worth of stock

Upcoming dividend of US$0.19 per share

Second quarter 2022 earnings released: EPS: US$0.20 (vs US$0.03 in 2Q 2021)

MPC Container Ships ASA Announces Cash Distribution, Payable on or About 29 September 2022

MPC Container Ships ASA Provides Earnings Guidance for the Full Year 2022

Director recently bought €238k worth of stock

Upcoming dividend of US$0.16 per share

Investor sentiment deteriorated over the past week

First quarter 2022 earnings released: EPS: US$0.26 (vs US$0.01 in 1Q 2021)

MPC Container Ships ASA Announces Cash Distribution, Payable on or About 29 June 2022

Less than half of directors are independent

Investor sentiment improved over the past week

Full year 2021 earnings released: EPS: US$0.46 (vs US$0.27 loss in FY 2020)

Upcoming dividend of US$0.11 per share

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

MPC Container Ships ASA announces cash dividend, payable on or about 30 March 2022

MPC Container Ships ASA Announces Dividend, Payable on or About February 10, 2022

Third quarter 2021 earnings released: EPS US$0.11 (vs US$0.045 loss in 3Q 2020)

Forecast to breakeven in 2021

Second quarter 2021 earnings released: EPS US$0.03 (vs US$0.19 loss in 2Q 2020)

MPC Container Ships ASA (OB:MPCC) completed the acquisition of Songa Container AS.

First quarter 2021 earnings released: EPS US$0.01 (vs US$0.12 loss in 1Q 2020)

MPC Container Ships ASA Confirms Earnings Guidance for the Full Year 2021

MPC Container Ships ASA Revises Revenue Guidance for Fiscal Year 2021

Full year 2020 earnings released

Revenue beats expectations

Full year 2020 earnings released: US$0.27 loss per share (vs US$0.47 loss in FY 2019)

New 90-day high: €0.72

New 90-day high: €0.67

MPC Container Ships ASA to Report Q2, 2021 Results on Aug 20, 2021

Independent Director recently bought €32k worth of stock

New 90-day high: €0.56

Independent Director recently bought €32k worth of stock

Independent Director recently bought €32k worth of stock

New 90-day high: €0.50

Revenue beats expectations

Third quarter 2020 earnings released: US$0.05 loss per share