MPC Container Ships Management

Management criteria checks 2/4

MPC Container Ships' CEO is Constantin Baack, appointed in Jan 2024, has a tenure of less than a year. total yearly compensation is $1.00M, comprised of 23.7% salary and 76.3% bonuses, including company stock and options. directly owns 0.015% of the company’s shares, worth €146.66K. The average tenure of the management team and the board of directors is 1.9 years and 6.8 years respectively.

Key information

Constantin Baack

Chief executive officer

US$1.0m

Total compensation

CEO salary percentage	23.7%
CEO tenure	less than a year
CEO ownership	0.01%
Management average tenure	1.9yrs
Board average tenure	6.8yrs

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
Jun 30 2024	n/a	n/a	US$245m
Mar 31 2024	n/a	n/a	US$282m
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 ($USD1.00M) is below average for companies of similar size in the German market ($USD1.46M).

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

less than a year

Tenure

US$1,002,946

Compensation

Mr. Constantin Baack has been Member of Management Board at MPC M nchmeyer Petersen Capital AG since April 1, 2015 and serves as Chief Executive Officer and Chairman of Management Board since June 13, 2024...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Constantin Baack	Chief Executive Officer	less than a year	US$1.00m	0.015% € 146.7k
Moritz Fuhrmann	Co-CEO & CFO	1.9yrs	US$197.59k	no data
Christian Rychly	Chief Operating Officer	1.8yrs	no data	no data
Pal Saetre	Executive VP & GM of Norway	3.4yrs	no data	no data

1.9yrs

Average Tenure

Experienced Management: MP2's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Axel Schroeder	Director	7.5yrs	US$50.00k	15.78% € 155.7m
Ulf Hollander	Chairman of the Board	7.6yrs	US$90.00k	0.037% € 368.2k
Ellen Hanetho	Independent Director	6.8yrs	US$50.00k	0.014% € 133.3k
Peter Frederiksen	Independent Director	2.8yrs	US$50.00k	0.045% € 444.6k
Pia Meling	Independent Director	1.9yrs	US$50.00k	no data

6.8yrs

Average Tenure

60yo

Average Age

Experienced Board: MP2's board of directors are considered experienced (6.8 years average tenure).

MPC Container Ships Management

Management criteria checks 2/4

Key information

Recent management updates

MPC Container Ships ASA, Annual General Meeting, May 08, 2025

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

Recent updates

MPC Container Ships ASA, Annual General Meeting, May 08, 2025

MPC Container Ships ASA to Report Fiscal Year 2024 Results on Apr 10, 2025

Second quarter 2024 earnings released: EPS: US$0.15 (vs US$0.23 in 2Q 2023)

MPC Container Ships ASA Revises Earnings Guidance for the Year 2024

New minor risk - Share price stability

First quarter dividend of US$0.13 announced

First quarter 2024 earnings released: EPS: US$0.17 (vs US$0.27 in 1Q 2023)

MPC Container Ships ASA Declares Cash Dividend for the First Quarter of 2024, Payable on or About June 27, 2024

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